2005 – Page 171

President Leonel Fernandez traveled to Montreal, Canada early today to participate in the International Economic Forum of the Americas at the Hilton Bonaventure Hotel, an event hosting 2,500 participants and 150 speakers. The uncertainties of international markets, the explosive growth of the Brazilian, Chinese and Indian economies, competition between the euro and the dollar, currency …

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Just as former President Hipolito Mejia had a weekly Sunday evening TV show during which he discussed topical national issues, President Leonel Fernandez will get his show starting this Sunday. Clave Digital online news agency says that the show is based on Venezuelan President Hugo Chavez Frias’s weekly show. It is produced by TV veteran …

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Foreign Relations ministers Carlos Morales Troncoso and Jean Asselborn from Luxembourg signed a Joint Communique whereby diplomatic relations are established between the two nations. As reported in Listin Diario, Morales Troncoso stated that “the beginning of the new relations with the Grand Duchy of Luxembourg will result in multiple benefits for the Dominican Republic”. See …

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Today’s editorial in El Caribe newspaper’s comments that when people think of tax reform they think of modifying the tax structure so as to ensure more resources for government, given the enormous amount of unsatisfied needs. “But when there are limited revenues, the satisfying of the needs can be achieved with an increase in resources, …

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The president of the National Council of Business (Conep), Elena Viyella de Paliza complained that the present tax structure, the limited and short term financing that is available, and the cost and unreliable supply of electricity, are the main factors undermining the competitiveness of goods and services produced in the DR. “If we want to …

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More than 90% of public transport drivers use propane gas as their primary fuel, benefiting from hefty government subsidies on the fuel. But over the years, despite not using gasoline, the strong transport unions forcefully raised transportation prices when the price of gasoline was increased. Now that the days of the propane gas subsidy seem …

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Apparently large-scale wind generation is just around the corner. Research has indicated that there is a vast potential of this “free” energy in three percent of the Dominican Republic. The potential generation is estimated at 10,000 megawatts, five times the present local demand. The BHD Group and the Spanish consortium GAMESA are promoting the Guanillo …

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Lawyer Juarez Castillo Seman is optimistic that statements made over the past days by witnesses in the libel suit presented by former Supervisor of Public Works Hernani Salazar against lawyer Mario Vinicio Castillo have provided evidence to support Castillo’s position that Hernani Salazar had ties with Bladimir Garcia, a Dominican construction entrepreneur arrested in New …

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The sale of self-defense equipment and the increased enrollment in martial arts schools is proving that the women in Santiago are taking care of themselves. Just during the past week women thwarted attempts by a purse-snatcher and a drunk who tried to do harm. Revolvers, pepper sprays, and stun-guns are flying off the shelves according …

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Physicians are recommending people to use light clothing, increase their intake of liquids and only engage in prudent amounts of exercise, as precautions resulting from the heat wave that has been affecting the DR these days. Hoy reports that cardiologists Bernardo Defillo, Geraldo de la Rosa and Fulgencio Severino have indicated the heat may increase …

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