2013 – Page 30

Today, Thursday 28 November, Thanksgiving Day in the United States, will be the day that the Dominican Baseball Team, the winners of this year’s World Baseball Classic, will receive their rings and hold a parade and celebration in Santo Domingo. President Danilo Medina will present the rings and the party will be held in the …

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A lunch at the Presidential Palace today, Thursday 28 November marks the official start of celebrations of the Dominican win of the Major League Baseball’s World Baseball Classic in March 2013. The celebration is being held now that the MLB season has ended to enable to ball players to attend. During the event the Dominican …

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Black Friday sales are the talk of the day in the Dominican Republic starting late tonight, 28 November. Large department stores and malls have been advertising some of the biggest sales of the year in these pre-Christmas shopping days. For more on ongoing and upcoming events, see http://dr1.com/calendar

Those driving to and from La Romana will be thrilled to know that the La Romana four-lane bypass is now open. It will be formally inaugurated on 11 December, but can be used as of today, Wednesday 27 November. Today, President Danilo Medina is scheduled to be in San Pedro de Macoris for the formal …

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According to a 2013 report by the Latinobarometro survey, 74% of Dominicans approve of the government of President Danilo Medina, and he is also the head of state with the highest rating in Latin America. He is followed by Ecuadorian President Rafael Correa with a 73% approval rating, Mauricio Funes from El Salvador with 66%, …

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Global ratings agency Fitch Ratings has granted the Dominican Republic a “B” rating, stating that the country’s ratings and stable outlook are underpinned by its resilient and diversified economy, high per capita income, track record of macroeconomic stability and sustained access to official lending and international capital markets. These strengths are balanced against structural weaknesses …

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French-owned telecommunications company Orange announced today, Wednesday, 27 November that it has reached an agreement with Altice, the company that recently purchased a majority stake in Tricom, for the purchase of 100% of Orange Dominicana, the French company’s only Latin American operation. The parties agreed on an Enterprise Value of US$1.435 billion (EUR 1.1 billion). …

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Olgo Fernandez, the director of the Dominican Institute of Hydraulic Resources (INDRHI), has confirmed that it is up to the Ministry of the Environment to decide on the potential environmental impact of Falcondo’s proposed mining in Loma Miranda. During a meeting with the Senate committee that is studying a proposal to declare Loma Miranda a …

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The Banking Superintendence has authorized the charging of 1% on credit and debit cards that are used outside the country starting on 1 December The Banking Superintendent, Rafael Camilo, said that the banks were authorized to levy the 1% in compensation for the reductions on credit card borrowing now being made by the banks. Bancos …

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Foreigner residents in the country with criminal records or who are neither working nor studying at Dominican education establishments cannot benefit under the National Plan to Regulate Foreigners for acquiring nationality. These rules are contained in the 40 articles relating to the Regulation Plan published by the Ministry of Interior and Police and unanimously approved …

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