2008 – Page 62

The Minister of Environment and Natural Resources (Semarena), Jaime David Fernandez Mirabal, denies the existence of any venomous snakes in the Dominican Republic, specifically in Villa Gonzalez, west of Santiago de los Caballeros, adding that there were no snakes that are harmful to humans in any part of the DR. As he headed up the …

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On Sunday the Aguilas defeated the Leones 15-6 in the Parque Quisqueya, breaking the home field unbeaten streak of the Leones and ending their own two-game skid. Massive hitting, mixed with adequate pitching did the job for the Aguilas, still bottom feeding in the standings. Over in La Romana the Tigres took a rare game …

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While it is possible, some say even probable, that within a month Albert Pujols will win his second Most Valuable Player Award, he received what is perhaps a more important award on Saturday: The Roberto Clemente Award for Outstanding Public Service. Because of Roberto Clemente’s significance for all Latin baseball players, and because the prize …

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During a special ceremony yesterday, President Leonel Fernandez helped inaugurate the Villa Progreso housing project, in San Cristobal, which includes 416 homes for the same number of families. The project, built with a RD$291 million budget, will house residents displaced by Tropical Storms Noel and Olga and Hurricane Georges. Hurricane Georges hit the DR ten …

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Santo Domingo has been ranked among the 65 most important economic centers for emerging economies. The results were part of a study by Master Card, and presented in Brazil. In the area of commercial and economic environment, the DR ranked 19th among cities like Santiago (Chile) and Brasilia. The study took into consideration 100 indicators …

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Central Bank Governor Hector Albizu Valdez says the increase in interest rates and changes in legal procedures are tough fiscal policies, but these moves are necessary in order to maintain micro-economic stability. Albizu added that these measures are transitory, though unavoidable. He said that once markets return to normal the measures would be reviewed to …

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According to the Quisqueya Foundation the deficit on the nation’s current accounts will increase by 150% by the end of the year. The deficit was 5.4% in 2007, will register 13.5% in 2008 and will be 12.4% in 2009. According to economists Frank Valenzuela and Hector Frias, theIMF estimates that the Dominican economy will decelerate …

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Considering the financial crisis the word is facing, Inter-American Development Bank representative Manuel Labrado is urging the government to tighten its belt as a short-term response to the crisis. Labrado says first on the agenda should be to prioritize spending, focus subsidies, improve the investment climate and support the agricultural sector, which has great potential …

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Spanish economist Jesus Ruiz-Huertas Carbonell says that if the Dominican economy is dependent on remittances, tourism, free trade zones and exports it is almost impossible to shield the DR’s economy from the financial crisis affecting the rest of the world. The economist says he has limited details knowledge of the Dominican economy, but adds that …

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The Treasury says it will retain the salaries of employees who have yet to submit an asset declaration. Treasury director Guaroa Guzman says he will follow Law 82-79 and with the help of National Department for the Persecution of Corruption determine which employees have yet to file. Guzman said the only problem is that specific …

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