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The Dominican Sun
"Daily Dominican Republic News in English Since 2004"
Sunday, April 22nd, 2012
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Jean Gentil gets reviewed in the NYT
Story Text & Photos © 2012 by DR1 Apr 22 2012 20:30PM
DR1 - Jean Gentil, the movie by husband and wife filmmakers Dominican Laura Amelia Guzman and her Mexican husband Israel Cardenas, has made it into The New York Times. The film tells the story of an educated Haitian accountant who also taught French and his struggles to find decent employment and meaning to life in the city and countryside in the Dominican Republic. The lead actor is Jean Remy Genty, who plays a role closely modeled on his own life. Though deeply religious and possessed of a profound dignity and stoicism, Gentil is tested by discrimination, exploitation, loneliness, and despair. The film has toured the world successfully participating in film festivals for its balance of a restrained documentary realism with contemplative cinematography. This is the second film by Guzman and Cardenas who originally made a splash in 2007 with their debut hybrid documentary narrative Cochochi, for which they share script, photography, production and direction credits. Cochochi won the Discovery Award at the Toronto Film Festival and went on to screen in several major international festivals. Read original at DR1.

  

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Banks assets soar RD$26. 0B to RD$969. 0B in 1Q
Story Text & Photos © 2014 by Dominican Today Apr 24 2014 19:59PM
Dominican Today - Santo Domingo- The assets of Dominican Republic’s commercial and multiple service banks soared by RD$26. 0 billion in the first quarter, or 3% higher than in December last year. The Dominican Banks Association (ABA) said the relative increase in assets tripled the inflation rate for the January to March period. It said the banks’ total assets reached RD$969. 0 billion at the end of the first quarter. It said an 8% increase, or RD$45. 0 billion in loans, is what most pushed the higher assets, and now total RD$602. 0 billion. Read original at Dominican Today.

  

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Unions to protest labor code change at the Palace on May 1
Story Text & Photos © 2014 by Dominican Today Apr 24 2014 19:59PM
Dominican Today - Santo Domingo- The major labor unions on Thursday announced a march to the National Palace on May 1, International Labor Day, in rebuke of what they call management’s push to revert their accomplishments in the labor code. Rafael –Pepe- Abreu, head of the labor unions grouped in the CNUS, said the campaign launched Wed. by the National Council Business (CONEP) only seeks to mislead workers, “but what they really do is increase the rejection of the amendment to the labor code. ” Yesterday the CONEP launched a media campaign on its proposed amendment to the labor code, which it affirms covers a higher number of workers. In this regard the union leader said that employers’ proposal has spurred so much rebuke, that they’ve had to conduct a counter-campaign to convince people, but in fact has created more rejection. He said to amend the labor code the labor sector will propose a change in the National Wage Committee’s structure to raise all salaries and not just the minimum. In a press conference, Abreu said workers will demand a higher minimum wage as agreed to last year and urged business leaders to be ready to discuss it. Read original at Dominican Today.

  

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Top prosecutor vows to protect National Park, Bahía de Las Aguilas
Story Text & Photos © 2014 by Dominican Today Apr 24 2014 19:29PM
Dominican Today - Santo Domingo- Justice minister Francisco Domínguez on Thursday vowed to continue to work tirelessly from all departments to protect Jaragua National Park including Bahía de Las Aguilas, as ecological heritage of all Dominicans. He hailed the Supreme Court ruling against the acquittal of former Dominican Agrarian Institute (IAD) director Jaime Rodríguez Guzman, a brother and his wife, charged with trying steal thousands of hectares of government land including Bahia de las Aguilas using forged titles. “We’re very pleased the Supreme Court decision which allows us to move forward in our purposes to fully ensure the integrity of the land of Bahía de las Aguilas,“ Dominguez said, adding that the area is a heritage of humanity and of the Dominican Republic. Read original at Dominican Today.

  

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(Posted 19:29 Thursday by DRSol NewsHound. Viewed 2523 times.)
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Government opens books on a new dual-currency, dual-tranche bond: Reuters
Story Text & Photos © 2014 by Dominican Today Apr 24 2014 18:29PM
Dominican Today - Santo Domingo- The Dominican government has opened books on a new dual-currency, dual-tranche (varying risk to investor) bond offering denominated in US dollars and Dominican pesos, Reuters reports Thursday quoting  a source. It said the sovereign, rated B1/B+/B, “has set initial price thoughts of 7. 5% area on a US dollar 30-year bond. It has also set initial price thoughts of 10. 125% area on a Dominican peso five-year bond, though investors will be paid in dollars. ” The news agency reports that the proceeds from the 144a/Reg S deal will go towards financing infrastructure projects and to providing support for other sectors of the Caribbean country’s economy. “The deal is expected to price later today via Goldman Sach and JP Morgan. ” Read original at Dominican Today.

  

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(Posted 18:29 Thursday by DRSol NewsHound. Viewed 3270 times.)
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High court says no to acquitting Bahia de las Aguilas ‘thieves’
Story Text & Photos © 2014 by Dominican Today Apr 24 2014 16:59PM
Dominican Today - Santo Domingo- A panel of National District judges will rule on whether to proceed with the criminal charges against former Dominican Agrarian Institute director Jaime Rodríguez Guzmán, his wife and a brother charged with trying to steal the lands including Bahia de las Aguilas, Pedernales province (southwest). The Supreme Court made the ruling on a challenged by National District prosecutor Yeni Berenice Reynoso against the panel court’s decision to halt the criminal proceeding on a statute of limitation. The Supreme Court ruled that the panel court doesn’t have the jurisdiction to decide on the motion seeking acquittal. In her challenge Reynoso claimed that panel court presiding judge Gissell Méndez ruled on the motion to acquit on the statute of limitation, despite that it requires a decision of all three judges. Read original at Dominican Today.

  

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(Posted 16:59 Thursday by DRSol NewsHound. Viewed 3860 times.)
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Dominican agencies probe TelexFree ‘ponzi scheme’
Story Text & Photos © 2014 by Dominican Today Apr 24 2014 16:29PM
Dominican Today - Santo Domingo- Several agencies probe the whereabouts of tens of millions of pesos allegedly scammed from Dominicans by the TelexFree ponzi scheme as well as the identity of its owners. Justice Ministry anti-money laundering unit director Germán Miranda said the Office Prosecutor and the financial authorities will meet Wednesday morning to coordinate the investigation and possible confiscation of properties. He said the National District Prosecutor and the Securities Superintendence will seek to identify TelexFree’s intermediaries and promoters, noting that the whereabouts of the millions swindled from investors is their main target. Miranda said regarding the foreigners affected, they’ll request the collaboration of U. S authorities to determine what happened with the money. He said although TelexFree’s offices in the country have been identified, but the whereabouts of the money in the scheme is what’s most important for now. “The problem now is to determine where the capitals have gone. “ Read original at Dominican Today.

  

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Citizens make long lines to get their new ID card
Story Text & Photos © 2014 by Dominican Today Apr 24 2014 16:29PM
Dominican Today - Santo Domingo- Since early Monday morning citizens made long lines in the various sites across the capital and other cities to change their ID card (cedula). And despite the long, slow-moving lines and complaints that marked the first day, no technical problems were reported in the Central Electoral Board’s five centers of the National District, which started issuing of the new document in a process that is scheduled to conclude in 18 months. Citizens complained of a slow system which takes as long as an hour-and-a- half to get the cedula, although the JCE says it’s only 15 minutes. Many people left without the document as demand exceeded the JCE’s capacity. Read original at Dominican Today.

  

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Chinese praise technology used in tobacco, cacao production
Story Text & Photos © 2014 by Dominican Today Apr 24 2014 16:29PM
Dominican Today - Santo Domingo- A Chinese delegation which visited the country recently to observe the of agro production processes called the technology used to produce and industrialize tobacco and cacao in the Dominican Republic “a model. ” Accompanied by Agriculture Ministry technicians the delegation visited different plantations of both crops, and praised the country’s advanced technology to produce tobacco and cacao. They observed the technology used on the traditional products, especially organic and conventional cacao, with a process considered a “country brand“ worldwide. Agriculture Ministry senior officials José Gonzalez and Laura Naut accompanied the Chinese delegation during its tour. Read original at Dominican Today.

  

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(Posted 16:29 Thursday by DRSol NewsHound. Viewed 4298 times.)
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Fires set by farmers char Los Haitises National Park, deputy warns
Story Text & Photos © 2014 by Dominican Today Apr 24 2014 16:29PM
Dominican Today - Monte Plata, Dominican Republic- As many as 100 wildfires char the forests at Los Haitises National Park (northeast), ruling PLD party deputy Ricardo Contreras affirmed Monday, blaming Haitians who plant cash crops under instructions from “criminal hands. ” He called Los Haitises the Antilles’s biggest ecological lung, home to numerous rivers that supply water to Greater Santo Domingo and Monte Plata. He said it’s also home to a great variety of fauna of flora. The lawmaker also warned of deforestation at Sierra de Yamasa range, the source of the Ozama River, the country’s fifth biggest watershed. President Danilo Medina executive order 360-13 named a Commission to solve to the problem of the squatters evicted from Los Haitises and prevent its continued destruction. Read original at Dominican Today.

  

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(Posted 16:29 Thursday by DRSol NewsHound. Viewed 4301 times.)
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Public dept tops US$15. 8B, or 26. 2‰ of GDP: Central Bank
Story Text & Photos © 2014 by Dominican Today Apr 24 2014 16:29PM
Dominican Today - Santo Domingo-  Dominican Republic’s December 31, 2013 public sector debt topped US$15. 89 billion, or 26. 2% of GDP, says the Central Bank’s final report on the economy in 2013 quoted by diariolibre. com. do. The external debt jumped by US$2. 0 billion during the past year compared with December 2012. The consolidated amount of external debt, US$14,919. 3 million (24. 6% of GDP) correspond to the non-financial public sector, while the remaining US$972. 9 million (1. 6% of GDP) correspond to the Central Bank’s external debt. The Central Bank debt topped US$1. 02 billion to December 2012, falling 4. 2%by yearend 2013. Read original at Dominican Today.

  

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(Posted 16:29 Thursday by DRSol NewsHound. Viewed 4295 times.)
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