2014 – Page 179

As of 31 March 2014, the pension funds reached the sum of RD$261.4 billion and of this money, the government wants to oblige them to deposit at least RD$26.14 billion (10% of the total) in the National Housing and Production Development Bank (BNV) after it is transformed into the Dominican Export Development Bank (Bandex). The …

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The Vice President of the United States, Joe Biden, will travel to Brazil, Colombia and the Dominican Republic over the weekend of June 16, according to an announcement from the US embassy in this country. The note states that in each nation that Biden will visit he will meet with senior leaders with whom “he …

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According to the Economic Commission for Latin America (ECLAC), the Dominican Republic is in the top 10 in foreign direct investment in Latin America. Nevertheless, the flow of Foreign Direct Investments (FDI) to the Dominican Republic slowed down by 37% last year compared to 2012. The report, released yesterday, says that FDI in the Dominican …

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The National Investigations Department (DNI), the local FBI, says that a 10-year old boy was responsible for making the hoax bomb scare call to Las Americas International Airport that activated a full emergency alert and practically closed down the airport, with estimated losses of more than US$600,000 as a result of the flight delays, as …

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Judge Leomar Cruz Quezada is getting ready to settle a request for annulment of the investigative process being carried out by the District Attorney Yeni Berenice Reynoso against the former Minister of Public Works, Victor Diaz Rua today, Friday 30 May at 9am. The interim magistrate of the Fifth Court of Instruction of the National …

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The National Police have named their two suspects in the murder of 41-year old second lieutenant Mercedes del Carmen Torres Baez assigned to the Metropolitan Transport Authority (Amet) and the reports are truly depressing. The suspected killers are a 21-year old man named Juan Carlos de la Cruz Adames (a.k.a. Yancarlos) and a 16-year old …

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The District Attorney will go to court for the third time today, Friday 30 May to seek an annulment of the decision that decreed the application of the statute of limitations on the charges stemming from the Bahia de las Aguilas case. The defendants in the case, according to El Nuevo Diario, are charged with …

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Today, Friday 30 May is the 53rd anniversary of the killing of dictator Rafael Trujillo. At times, according to Listin Diario, the date is called the Day of Democracy or the Day of Freedom for the Dominican people. The fact is that Trujillo governed for 31 years with an iron and bloody fist. The assassination …

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The 8th Benefit of World Dance Stars opens tomorrow, 31 May at the National Theater’s Carlos Piantini main hall. This time, audiences in Santo Domingo will be able to watch classical dance performances alongside hip-hop. The event is a benefit for the Nest for Angels Foundation for children with cerebral palsy. Internationally renowned Joseph Gatti …

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President Danilo Medina and Minister of Tourism Francisco Javier Garcia were at the formal re-opening of the Santo Domingo Sheraton at the Malecon yesterday, Wednesday 28 May 2014. Hoteles Nacionales have made a US$20 million investment to restore the sea-fronting property to Sheraton chain standards. The hotel originally opened in 1977 as a Sheraton, but …

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