2006 – Page 62

Dominican President Leonel Fernandez and his US counterpart George W. Bush have agreed to expedite the process for the Dominican Republic – Central American Free Trade Agreement (DR-CAFTA) to come into effect and urged the disbursement of more than US$250 million from multi-lateral organizations to contribute to maintain trust, sustainability and the economic growth of …

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Although President George W. Bush seems bent on implementing the new passport requirements for US citizens traveling to the Caribbean, President Leonel Fernandez could not help but bring up the issue that has led to widespread concern across the Dominican tourism industry, in what can be called a defense of an important national sector. President …

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President Leonel Fernandez has made it clear that as of yet the DR has not been formally approached as a possible consensus candidate for the United Nations Security Council. After a 35-round bout between Venezuela and Guatemala, no clear-cut winner has been decided for the non-permanent seat on the Security Council, to replace Argentina. Fernandez …

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The Central Bank has sued former banker and President of the Board of Director of the collapsed Banco Intercontinental (Baninter), Ramon Baez Figueroa, for RD$50 billion in damages while the hearings of the case against him and four other defendants were postponed until 14 November. The basis for the suit is the allegation that information …

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The Dominican Republic Industrial Association (AIRD) and the National Association of Young Entrepreneurs (ANJE) have been angered by the proposed tax reform announced yesterday by Technical Secretary to the President Temistocles Montas, and are proposing that the government analyze the destination of its expenditures to make the administration of resources it receives more efficient. Diario …

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Strong rains only worsened the situation for many Dominican citizens last night when they were surprised by a power outage, caused by the breakdown of a 138,000-volt power transmission line. The breakdown happened at the Palamara substation and caused a stoppage of service throughout most of the country, worsening the already deteriorating energy supply deficit …

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Diario Libre is reporting that in the last 10 months alone 786 Dominicans have been repatriated after arriving at Spanish airports with forged documentation. This has angered Spanish officials. The newspaper reports that the fake documents are obtained at “clandestine consulates,” as they put it, and are operated by a “mafia” that charges between EUR4,000 …

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Since the opening of the Dr. Juan Bosch Trauma and Surgical Hospital on the Duarte Highway near La Vega, 492 patients have been admitted with some type of serious injury, and none have died. The report, which came out in Diario Libre, explains that this is due to the proximity of the hospital to a …

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Listin Diario is reporting that the Office of Environment and Natural Resources and the Sub-Secretary for Environmental Management have closed two plants in Haina as a result of environmental concerns. The battery companies Meteoro and Metalosa SA have been closed because they were found to be emitting toxic refuse and lead, which was harming the …

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El Caribe reports that the situation at the UASD University has returned to normal after a two-day strike, and officials have announced that professors and employees will meet on Monday to discuss options for a resolution to the problem. Professors’ Union (Faprouasd) president Hector Sanchez said that the organization would continue the dialogue and hopes …

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