2004 – Page 256

While the whole nation knows that there is an energy deficit, the CDEEE announced it had re-integrated 250 megawatts back into the system, leaving the deficit at around 500 megawatts. CDEEE officials report that the former Union Fenosa units at Palamara and La Vega are producing at full capacity and the Seaboard unit that had …

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The deficiencies plaguing the Dominican electricity sector are due to the slow application of rate adjustments, a series of unsustainable subsidies, the government’s deadbeat attitude towards its bills and the non-fulfillment of its obligations and guarantees, says Mercedes Gonalez of El Caribe. This litany of problems was contained in the rough draft of a document …

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Hoy newspaper carries the story by economic editor Mario Mendez that the Central Bank of the Dominican Republic did not remit the US$29 million owed in interest on the US$600-million sovereign bonds issued last year. Although this situation has been confirmed to the Hoy editor by both local and international sources, as well as an …

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The Listin Diario reports that the chief justice of the Supreme Court has conditioned his staying on the bench to a vote of confidence by two-thirds of his fellow Supreme Court judges. On several occasions, Jorge Subero Isa has said that he would leave the highest court if and when he felt he had lost …

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The controversial Ley de Lemas, or Proyecto de Voto Preferencial Preferencial, is now under study in the Senate, after being removed from the Chamber of Deputies. Proponents of the electoral reform said the move’s aim was to give the Chamber of Deputies more time to study it informally. Of the 32 total senators, only two …

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Jacinto Peynado, who many had thought would be the heir to the PRSC legacy of the late President Joaquin Balaguer, is back in the limelight. After an eight-month convalescence in Miami, Florida and two surgeries, Peynado said he has recovered his normal lifestyle and is now speaking to the press. During one such interview with …

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The Tigres del Licey, one of the original baseball teams in the Dominican Republic, renewed its title as the winningest team in the country after defeating the upstart Gigantes del Cibao 11-3 in the fifth game of the final playoffs. Licey has now won 18 titles compared to 17 for the Aguilas Cibaenas from Santiago. …

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El Caribe newspaper reports that Vice President Milagros Ortiz Bosch announced she would return to her post as Education Minister, after taking a seven-month leave to wage a bid for the PRD Presidential candidacy. The ministry has suffered in the past months from massive budgetary cuts and currently owes more than RD$130 million to suppliers …

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Hoy newspaper reports that more than 25,000 police agents had not received their wages corresponding to the month as of last Saturday, 24 January. The officers had been advised that they would receive their overdue wages in one payment, instead of split into 15-day payments. The newspaper says that the military had received their payments …

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The city government of Santo Domingo, under current PLD mayor Roberto Salcedo, announced increases of 200% to a whopping 3,000% on the taxes to process documents needed for construction in Santo Domingo. Resolution 5-2004 dated 14 January considerably increases the cost of taxes to build a dwelling in the city. El Caribe newspaper reports, for …

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