2010 – Page 63

Economist Arturo Martinez Moya warns that public debt is a time bomb that will lead to economic collapse. He said that at the close of 2010 the public and domestic debt will have reached US$22 million, and not the US$18 million mentioned by the Central Bank in a recent statement. Martinez Moya is the spokesman …

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Former governor of the Central Bank Bernardo Vega says that the government should not take loans for US$580 million to private lenders scheduled for 2011, according to the 2011 National Budget sent to Congress for approval, as reported in Hoy. The funds are earmarked by the government for building hospitals, highways and the Santo Domingo …

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El Salvador has joined other Central American countries in requesting the World Trade Organization to review whether the DR is correct in applying a 38% tariff to the import of sacks from Central America. Locally, the argument is that the Central American exporters are dumping their products on the Dominican market.

The Prosecutor General Office has released a statistical overview on crime for the first seven months of the year. According to statistics from 34 prosecutor offices, they processed 45,632 crime cases nationwide. The main crimes were 10,585 inter-family violence cases (23.2%), followed by 8,726 drug-related cases (19.12%), 6,722 thefts (14.73%), 5,043 brawls (11.05%), 4,533 threats …

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The new mayor of Santiago, Guillermo Serulle has submitted a petition to the prosecutor for Santiago, Yeni Berenice Reynoso, requesting an investigation into alleged corruption during former Mayor Jose Enrique Sued’s administration (2006-10). Serulle points to misappropriation of public funds by his predecessor, as reported in 7dias.com.do The complaint was delivered to the Santiago prosecutor …

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An editorial in today’s Listin Diario speaks of the consequences of the government having gradually allowed unionized transport owners to take control of the urban transport routes and impose their dominance on these routes by using violent methods and vandalism. “What has happened in San Cristobal, where there are frequent brawls that end in deaths …

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Security forces at Las Americas International Airport have arrested another suspected mule as she attempted to board an Air Europe flight to Madrid. Recently, several drug smuggling attempts using this method have been thwarted. The 34-year old French citizen had six packages suspected to be cocaine adhered to her jeans. The drugs were detected when …

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Not to be missed are the Dominicana Moda fashion exhibits and shows currently under way at Santo Domingo’s Hotel Embajador. A free fashion exhibition by Tioca is scheduled for 6pm today in the Mall area. There is a trade show area with leading fashion companies exhibiting and many parties sponsored by leading drinks companies follow …

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Friday, 22 October is the opening date for the Dominican Winter Professional Baseball Championship. The championship runs through February, when the best Dominican team is chosen to represent the DR in the Caribbean Series. While a selection of Dominican MLB stars will usually not see action until the playoffs, MLB players value the DR as …

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Environment Minister Jaime David Fernandez Mirabal has warned all the industries that are polluting the Higuamo River in the province of San Pedro de Macoris that they are going to be held responsible. He specifically warned cement company Cemex Dominicana, saying that if they did not take action they would face drastic measures. According to …

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