2005 – Page 245

Over 100 community organizations met at the Santa Ana Polytechnical Institute in the barrio of Gualey, Santo Domingo for the First Barrio Forum Against Violence. The different groups described how crime is organized and how the rate of violence has doubled in the past few months. The coordinator of the prosecutor’s office in the section …

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Runner Carlos Johelin Santa, a member of the Dominican Olympic team, reaffirmed his class yesterday when he won the 400 meter sprint at the Athens Indoor Grand Prix. Santa, now based in Spain, will participate in the European track season this year. His indoor time of 46:43 was enough to win his event on a …

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Tonight is the night when the best of Dominican show business in 2004 will be honored. 168 in 30 categories have been nominated for awards during Dominican show business’s night of stars, the Casandra Awards. Jurors are members of the Dominican Association of Show Business Chroniclers (Acroarte), who choose the nominees. The winner of the …

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New York Governor George Pataki begins today an official visit to the Dominican Republic. He is special guest of President Leonel Fernandez and the chief of the Police, Mayor General Manuel de Jesus Perez Sanchez. Pataki is traveling here with his wife Elizabeth. He arrived on board the 3:40 am early bird JetBlue flight. This …

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Environment Minister Max Puig says that the DR could sell certified emission reductions (CERs) under the Kyoto Protocol to industrialized countries that are signatories of the treaty, such as Japan, Canada and Germany. He said these could be used for sustainable development projects. Puig spoke on occasion of the start of the worldwide implementation of …

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President Leonel Fernandez was in Punta Cana on Wednesday for a meeting with the owners of hotels in the east coast. President Fernandez traveled to Punta Cana with First Lady Margarita Cedeno. The meeting took place at the home of Frank Rainieri, of the Punta Cana Group. Press reports on the meeting do not mention …

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Dubai Ports International, one of the world’s leading port operators, announced the purchase of the CSX World Terminal container port in Punta Caucedo, the most modern container facility in the DR. The Caucedo transshipment hub was inaugurated in April 2002, a joint venture of CSX and local businessmen, head by Manuel Enrique Tavares and Samuel …

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Franco Uccelli, who reports on the DR market for Bear Stearns, issued a release commenting on the effects of the appreciation of the DR currency. He concludes: “Fundamentally, the DR is today in better shape than it has been for a long time.” In his opinion, the country has entered into a recovery phase after …

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The Chamber of Deputies rushed approval in two readings for the issuance of RD$8.2 billion in domestic bonds yesterday. The bonds, with a 7% annual yield, will be used to pay off the government debt to the private sector. Funds will also be used to capitalize the Central Bank and Banreservas, the government commercial bank. …

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The Department for Prevention of Corruption (Depreco) is investigating an alleged fraud against the Dominican state regarding commissions paid for the US$1.1 billion sovereign bonds issued during the Mejia government, as reported in Diario Libre. The Attorney General has prepared a case and Depreco will be looking into the matter. Otoniel Bonilla of Depreco said …

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