2012 – Page 40

El Dia reports today, Monday 12 November that the US authorities have opened an investigation into the infiltration of Dominican security organizations by drug trafficking groups. The groups seek to obtain intelligence services, including hi-tech equipment, for successful drug trafficking operations. As reported, the US authorities opened the investigation after determining a similar modus operandi …

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Diario Libre publishes an interview with Raymond and Miguel, two of the actors in the movie “Perico Ripiao” today, Monday 12 November, where they discuss their new movie, Lotoman 2.0. Raymond and Miguel describe themselves as two fairly normal husbands who have been married to the same wives for many years. Even so, it’s very …

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On the evening of Friday, 9 November, the “Eternal Rivals” – Licey and Escogido – dueled at the Quisqueya Stadium in Santo Domingo. This time, the Leones del Escogido were defeated by the Tigres del Licey, 3-2. Cuban import Donell Linares once again provided the key hit by driving in the winning run as Licey …

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President Danilo Medina will travel to Spain on Tuesday, 13 November to attend the 23rd Ibero-American Summit from 16-17 November in Cadiz. This will be his second trip abroad since he began his term in 16 August 2012. The first time he traveled to attend the UN General Assembly in New York. The Presidency reports …

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Central Bank governor Hector Valdez Albizu says that the revision of the base year for the analysis of the National Accounts from 1991 to 2007 shows the GDP is undervalued by more than half a point, or more than RD$10 billion. Valdez said that 2007 was chosen because it is regarded as a year of …

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The PLD legislators passed the tax reform as received from the Senate in less than five minutes without changes yesterday, Thursday 8 November. Today’s El Dia comments that some legislators even asked what had been approved. According to reports the bill is being rushed through because the International Monetary Fund has asked for it to …

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The Dominican economy responded with a RD$40.05 to US$1 depreciation of the peso following the passing of the fiscal reform in Congress yesterday, Thursday 8 November. This is the first time in years that the peso has broken the RD$40 barrier. The euro also appreciated, with some banks paying RD$49.95 to RD$50.80 and selling for …

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During the American Chamber of Commerce meeting held yesterday, Thursday 8 November to publicly discuss the immediate effects of the passing of the tax overhaul on production, several economists said it would rein in the economy during the first six months of the year, but the deceleration would not reach recession levels. Jose Luis de …

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The Penal Code about to be approved in the PLD-majority Congress includes new clauses that could mean imprisonment for anyone who questions the conduct of high-ranking government figures. El Dia warns that the articles will lead to increased impunity and self-censorship and would not allow Dominicans to demand accountability from government officials. In an editorial …

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Foreign Minister Carlos Morales Troncoso was in Port-au-Prince yesterday, Thursday 8 November for work sessions to reach agreements on migration, security, investment, bilateral trade and joint cooperation for development. After the meeting Prime Minister of Haiti Laurent Lamothe and Morales said that there was a need to consolidate advances on sensitive issues. The ministers said …

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