2014News

Dominican government borrows big to keep big spending

Writing in today’s Diario Libre, Thursday 8 May, economist Alejandro Fernandez comments that 98% of all the increase in borrowing in the Dominican Republic was gulped down by the Dominican government. Central Bank statistics show that borrowing increased by RD$41.896 billion during the first quarter. Of that amount RD$40.087 billion was channeled to the public …
2014News

Funglode signs agreements with Chicago universities

The Global Democracy and Development Foundation, represented by its president Leonel Fernandez, has signed agreements with two Chicago educational institutions, DePaul University and the Illinois Institute of Technology. The agreement with IIT will allow teachers from Chicago to come to the Dominican Republic and carry out research. Students from the DR will have access to …
2014News

Chamber of Deputies told same sex marriage violates Constitution

The president of the Chamber of Deputies, Abel Martinez, warned the floor yesterday, Wednesday 7 May, that any bill for authorizing same-sex marriages would not pass. He said the proposed content of the bill for the organic law for the Prevention, Attention, Punishment and Eradication of Violence against Women violates the Constitution. Because of this, …