2012 – Page 38

After speculation as to whether President Danilo Medina would go ahead with his plan to travel to Spain later today, Tuesday 13 November to attend the XXII Ibero-American Summit, the Presidency has announced that his trip was being postponed. Dominican Presidents have always attended these events. Protests at home against the recently passed Fiscal Reform …

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Former President Leonel Fernandez has announced that he will address the nation this evening, Tuesday 13 November about the economy and how he managed the fiscal deficit during his term of office. The speech will be broadcast on Telemicro, channel 5, Teleimpacto, 52, Telefuturo 23, Digital 15, Noticias 16 and a network of radio stations. …

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The governor of the Central Bank, Hector Valdez Albizu, has said that the reason the dollar-peso exchange rate has risen over the last few days, from RD$39.59 to RD$39.89, is simply due to the time of year. He said that this always happens during the Christmas period as people are spending large amounts of dollars …

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The president of the Dominican Traders Federation, Ivan Garcia said yesterday, Monday 12 November that consumer sales could drop 20-25% in the first six months of 2013 as consumers refrain from paying higher prices. Interviewed during the El Bulevar con Pablo McKinney radio talk show, he said that “a perfect storm scenario” could occur next …

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An arbitration court in the Dominican Republic has ordered the Dominican state to pay a million dollars in damages to a Spanish company, Azucerera Porvenir, for failure to fulfill a contract signed in September 2010, in which the State and the State Sugar Company (CEA) did not hand over 6,300 hectares that they had rented …

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A research project entitled “Crime in the Dominican Republic, a Challenge for the New Model Prison” by journalist and lawyer Angel Belisario Batista and Juan Antonio Mejia, both graduates in law from the Autonomous University of Santo Domingo (UASD) has revealed the potential collapse of democracy in the country over the next 10 to 15 …

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The chief of the National Police has relieved two Generals of their position and made other high-level changes amidst the outcry caused by the last round of deaths in which police agents were involved. The commander of the northeast region, based in San Francisco de Macoris, General Juan Ramon de la Cruz Martinez, has been …

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According to news reports, unnoticed by customers, the manager of the Bravo Supermarket on Avenida Enriquillo in Santo Domingo was robbed at gunpoint yesterday, Monday 12 November as he was about to deposit the takings at a bank branch inside the supermarket. Two men robbed the manager and left taking the Saturday sales valise. They …

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Cristian Febles, Aris Febles Victoriano, Indiana Victoriano, Jose Rafael Rosario Lluberes, Stephen Espino Alba, Jose Paulino Santana, Gabriel Rosario Urena, Helen Yuderka Acosta Perez, Jose Enmanuel Mendez Lebron were arrested after a raid yesterday, Monday 12 November, and charged with the operation of a Bella Vista neighborhood drug point in Santo Domingo. In the search, …

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The National Meteorological Office (ONAMET) is maintaining its alert for floods, overflowing rivers and streams, and mudslides in several of the country’s provinces due to the rains that were caused by a frontal system, although rainfall is now expected to decrease. The provinces under alert are Montecristi, Dajabon, Santiago Rodriguez, Valverde (Mao), Puerto Plata, Espaillat …

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