2009News

The President on Sobeida

President Leonel Fernandez has ordered the redoubling of efforts to locate fugitives from justice Jose Figueroa Agosto and Sobeida Feliz Morel, who are being sought on drug-trafficking charges. Fernandez says that their disappearance is “a mockery of Dominican society”. Yesterday President Fernandez discussed the issue with Armed Forces Minister Pedro Rafael Pena Antonio, General Prosecutor …
2009News

Sobeida left by jet?

Senator Wilton Guerrero, who has become the de-facto voice of the anti-drug movement, is claiming that Sobeida Feliz, the alleged lover of drug trafficker Jose Figueroa Agosto, left the DR on a private jet, accompanied by Dominican military personnel in the pay of Figueroa. Guerrero also criticized judge Rosanna Vasquez, who granted Feliz’s bail request. …
2009News

More commercial loans

The Chamber of Deputies has approved six commercial loans totaling US$339.4 million for the construction of public works projects. Of the funds, US$111.2 million and US$14.5 million will be allocated for the constructing, equipping and operating the eastern Santo Domingo Ciudad de la Salud pediatric, maternity and general specialties hospital center in eastern Santo Domingo, …
2009News

IDB disaster contingency loan

The Inter-American Development Bank has announced the approval of a US$100 million credit for the DR to meet extraordinary expenditures that arise during emergencies caused by hurricanes and earthquakes. Funds will be managed under the IDB’s Contingent Credit Facility for Natural Disaster Emergencies. Resources from the contingency loan will be rapidly disbursed in the event …
2009News

Power outages

Businesses belonging to the Retailers Federation (Fenacodep) are warning that they are on the verge of bankruptcy because they cannot bear the burden of the additional cost of running alternative power sources. Rene Japa, president of the retailers for the National District complained bitterly about their exorbitant energy costs. He complained that as well as …