2009News

Andeans lend money

The Andean Development Corporation (CAF) has approved a US$80 million loan for the DR. The funds are assigned to the Urban Development and Habitat Program. Hoy reports that the CAF’s funds represent 64% of the total program funding, which is US$124.2 million. The National Housing Institute (INVI) program is building homes and social infrastructure in …
2009News

Police executions?

More cases of suspected police executions are coming to light. The latest example of fatal police brutality comes from the El Valiente sector of Santo Domingo where police reportedly killed a man while he was sleeping. Details are still being collected, but Listin Diario reports that two officers arrived on a motorcycle and walked into …
2009News

Martha’s night

Tonight will be the most exciting night for Martha Heredia and her millions of fans in the DR. This night could change her life forever. On tonight’s show, airing at 10pm on Telesistema 11 and on Sony TV Entertainment cable channel, Heredia goes up against rival finalist Costa Rican singer Eduardo Aguirre. Diario Libre reports …
2009News

The DR’s deficit

The DR has been accumulating a large trade deficit with the countries with which it has signed free trade agreements. Since 2006, the DR has imported US$19.84 billion in goods, but only exported US$16.15 billion, for a deficit of US$3.69 billion. The DR has signed two main agreements since 2006: the DR-CAFTA with the US …