2004 – Page 59

The motorcycles that circulate in the DR providing taxi service to the general public and a way to earn a living to thousands are the newest victims of the wave of violence affecting the nation. Listin Diario reports that five motoconchistas were murdered this week on the eastern side of Santo Domingo by assailants who …

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The National Dialogue meeting concluded yesterday with a call for the government to give priority to creating the conditions that will allow a return to tranquility and an end to the violence in Dominican society. The body that comes together for discussions on national issues in government, business, religion, politics and civil society groups says …

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Red, rose and white wines from the Neiba region could be commercially available by next year. The first wine production produced by the Plaza Cacique experimental station in Neiba turned out 2,000 bottles. Inocencio Cuevas Herasme, who is in charge of the station, told El Caribe newspaper that the first round of commercial production will …

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The New York Yankees won Game 1 in their showdown against the Boston Red Sox by a score of 10-7. Bostonites are attributing the loss to Red Sox star pitcher Curt Schilling, who allowed six runs in the first three innings in this first installment of the best-of-seven series American League Championship. The pressure is …

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Sunday, 31 October is the date for speed racing fans at the Las Americas International Racetrack. Miller beer is sponsoring the first ever Dominican Miller American GT Series round in Santo Domingo, where Dominican racers will face their counterparts from the United States and Puerto Rico. Competitors from the US will include: Jack Busch, Charlie …

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President Leonel Fernandez, in the presence of Miami Governor Jeb Bush at the Biltmore Hotel in Miami, announced that the Dominican Republic would vote for Miami to be made the permanent secretariat of the Free Trade Area of the Americas. Fernandez’s predecessor Hipolito Mejia had committed the Dominican vote to Panama City. “The DR and …

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Central Bank Governor Hector Valdez Albizu said yesterday that the International Monetary Fund Standby Agreement should be resumed in November, meaning that the country would receive US$1 billion in fresh resources. Valdez Albizu, who spoke to the press after a meeting between the business sector and the Central Bank, said that the country is currently …

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Geoffrey Gottlieb of Goldman Sachs comments on the Dominican Republic’s current state of play in the economy, negotiations with official sector creditors and its pressing financing needs. To begin, Gottlieb predicts that the DR will resume its agreement with the IMF. He highlights how bond prices have rallied impressively since July, reflecting a general improvement …

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After two weeks of a gradual reduction in blackout hours, residents in Santo Domingo received grim news today, as reported in Hoy newspaper. AES is threatening to shut down its Andres liquefied propane gas-powered plant, citing continued government arrears.

The Ministry of Public Works has requested that Aerodom and its affiliates disclose information on their operations to ascertain whether or not they have met their obligations as per their 1999 airport concession contract. Listin Diario reports that Minister Manuel de Jesus (Freddy) Perez Gomez has requested key information to determine the status of their …

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