2006 – Page 92

PRSC leader and Secretary General of the Dominican Municipal League, Amable Aristy Castro, joined the ranks of the 34,000 lawyers in the country yesterday, when he was sworn in, together with 120 other law graduates, during an audience in the August Hall of the Supreme Court of Justice by High Court President Jorge Subero Isa. …

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Fitch Ratings has raised the Dominican Republic’s B rating from stable to positive due to its economic recovery in the face of an economic crisis three years ago. Though this is good news for investors, Fitch Ratings warned that the liquidity in the Dominican market is still very fragile. This factor is worrisome because any …

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In spite of the austerity policies continuously being announced by the authorities, over 30,000 public jobs were created between January and May this year and the state lacks a rational spending plan, according to the National Business Council (CONEP). CONEP president Elena Viyella de Paliza made the comments during the American Chamber of Commerce (AMCHAM) …

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Traffic chaos affected many areas of Santo Domingo yesterday as a result of clashes between university students and police in and around the Universidad Autonoma de Santo Domingo (UASD) campus. Students were protesting the eviction of street vendors located near the university and the recent suspicious murder of 22 year old law student Elvin Amable …

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Yesterday, the Justice Department presented 15 pieces of evidence reportedly proving that Quirino Paulino Castillo and Pedro Julio Goico Guerrero and others were involved in asset laundering and international cocaine trafficking. The evidence, presented by assistant prosecutors Luis Gonzalez, Gustavo de los Santos and Francisco Polanco, included a letter sent to the District Attorney’s Department …

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Diario Libre reports that drug traffickers wanted by authorities in the United States are finding it incredibly easy to change their identities and obtain legal identification documentation here in the Dominican Republic, which they use to evade capture and prosecution by the authorities. The Dominican authorities have become concerned at how easily fugitive traffickers can …

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Clave Digital has begun publishing a series of articles on ties of investors in the Dominican tourism industry to Carlos Sanchez and Andres Lietor Martinez, two key people accused of involvement with the Operation Malaya corruption scandal in Marbella, Spain. The investigative journalism reports looked into linkages with former Minister of Public Works Miguel Vargas …

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The World Weightlifting Championships that begin this Saturday in Santo Domingo won’t be deprived of the sport’s biggest star and “the world’s strongest man” Iranian Hossein Rezazadeh. Rezazadeh considered staying away from the event after 9 of his 11 teammates tested positive for illegal substances. Rezazadeh himself tested negative. The event is scheduled for September …

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The Dominican Republic has become slightly more competitive, according to the “Global Competitiveness Report 2006-2007” published by the World Economic Forum. The nation progressed from the 91st spot to the 83rd position. Unfortunately for the Dominican Republic, three members of the proposed DR-CAFTA agreement are far ahead in the rankings. Costa Rica is listed in …

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The Dominican Republic Senate has declared itself to be in permanent session in order to get the passage of the legislation needed for the country to enter the DR-CAFTA free trade agreement. Recent comments by US ambassador Hans Hertell said that there was no set date for the Dominican entry into the agreement and that …

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