2012 – Page 138

A report from the InterAmerican Development Bank (IDB) says that the Public Electricity Corporation (CDEEE) is both judge and jury and even infringes on the role of the National Energy Commission. The report prepared by Vivianne Blanlot and Eduardo Bitran says that the National Energy Commission “should become the presiding entity of the sector’s policy …

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The directors of the health insurance program, Seguro Nacional de Salud (Senasa) and the ARS Salud Segura under the Dominican Social Security Institute (IDSS) said yesterday that the real deficit these institutions carry in both cases is less than RD$300 million. They denied they are bankrupt. Senasa director Altagracia Guzman Marcelino denied the debt carried …

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The loan portfolio of the financial system grew by 5.9% in the first semester of this year compared to last year, going from RD$476.8 billion to RD$507.2 billion this year. Nevertheless, private sector credit shrunk by 0.5% in the first six months of the year, which means that some RD$2.2 billion were not lent. The …

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Matias Avelino Castro, the alleged mastermind of the murder of reporter Jose Silvestre, was incarcerated in a jail in the Commonwealth of Puerto Rico, where he is serving a 30-year sentence for drug trafficking. According to the documentation of the United States federal authorities, he escaped on 31 January 2005, from a police station in …

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The Wall Street Journal today reports on three New Jersey residents who were elected the country’s first overseas legislators for the Dominican Republic. The three legislators represent the Dominican diaspora in the United States, minus Florida, and Canada. Two other legislators represent Dominican communities in Miami, the Caribbean, Latin America, and two others were chosen …

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The Dominican Republic women’s volleyball team (ranked 11th) was only able to grab one set off Russia but still has three more games to go. The Russians (ranked 9th in the world) would win the game 23-25, 15-25, 26-24, 22-25. Moreso, the Dominican team charmed the crowds at the Earls Court venue in London with …

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It could be the best show this year, do not miss it. Maridalia Hernandez will be Dulcinea in the Dominican production of The Man of La Mancha, to be staged at the National Theater over the weekend of 10, 11, 12 August. The event commemorates the 39th anniversary of the National Theater. The legendary Maridalia …

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Central Bank Governor Hector Valdez Albizu forecast the Dominican economy would grow 4% in 2012, as reported in Dario Libre. Valdez hosted the International Monetary Fund’s 11th Annual Regional Conference on Central America, Panama and the Dominican Republic that took place last week in Punta Cana. Valdez said that accumulated inflation to June was 0.89% …

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Juan Hernandez, the head of the Department of Taxes (DGII), increased the amount of taxes Dominicans pay 313% since 2004 during his present consecutive eight-year term at the DGII. During the international workshop “Experiences of the Control Progress in Tax Administrations of the Region,” sponsored by the Department of Taxes (DGII) on occasion of its …

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President Leonel Fernandez convened the National Council of the Judiciary (CNM) to meet on Friday, 3 August to choose the missing Supreme Court of Justice judge. The judge will replace Jorge Subero Isa, the former president of the Supreme Court of Justice, who did not accept that he was not appointed to continue to preside …

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