2005 – Page 158

According to the FDC, the Dominican Federation of Merchants, none of its members can be classified as anything above a “D” according to the new guidelines for risk and asset qualification set out by the Central Bank at the urging of the IMF. Because of this the FDC is asking the Central Bank to revise …

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Environmentalists and investors have put forward a series of recommendations to save and stop the destruction of the southeastern coastline between Santo Domingo and San Pedro de Macoris. Of special interest is the area around Boca Chica, Juan Dolio, and Guayacanes. Among the problems being looked at are beach erosion, the reduction of the fish …

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Political scientist Rosario Espinal writes in today’s Hoy newspaper that it is time that the DR took a proactive stance on the migration issues with Haiti and establish a firm migration policy. She states that the country needs to establish orderly migratory policies and be willing to assume the social cost of hosting destitute immigrants. …

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In the first round of the Pan American Volleyball Cup, the Dominican Republic team won Pool A and earned its right to play in the Grand Prix scheduled for Germany, Japan and Italy next year. The DR defeated Brazil in five sets. The DR team won the first two games, but lost the second two, …

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President Leonel Fernandez will be addressing the nation tonight at 10 pm on radio and television, during which he is expected to announce his decision regarding the propane gas subsidy. The President will state the government’s position regarding the subsidy. The threat that the subsidy might be removed is a major concern for the majority …

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The director of the Office of Supervisory Engineers of the Presidency, Felix Bautista has announced that his office has been put in charge of supervising the construction of new works and remodeling at the state university (UASD), the Palacio de Bellas Artes (housing the national ballet, and the art and folklore schools) and the National …

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Environment Minister Max Puig has said that his department is beginning nationwide consultations with environmentalists, hoteliers and all national sectors to propose changes to the present environmental legislation, as reported in Hoy newspaper. He said that the sectorial protected areas law recently upheld by the Supreme Court contains contradictions that make it difficult to apply. …

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Jorge Subero Isa, President of the Supreme Court of Justice, says that the Criminal Court’s decisions are public, thus the press has access to them, as reported in Diario Libre. Subero was responding to US Ambassador Hans Hertell’s concerns about the publicity given to the last list of 14 men requested in extradition by the …

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Today’s Hoy newspaper contains a piece by electrical engineer Luis Arthur, who criticizes President Leonel Fernandez’s decision to purchase two used coal plants that would supply 600 megawatts. This deal was carried out behind closed doors, without transparency, and ignoring the comments made by the country’s qualified electricity technicians as well as the people who …

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The DR-Central American Free Trade Agreement (DR-CAFTA) with the US will be subject of a crucial test at 10 am today, when it starts its process through the US Senate. The White House has said that if the agreement is not approved by Congress “it would send the wrong message to the young democracies in …

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