DRSol is Dominican News, Weather, Videos, Forums & Travel Information
 
 
                        Support DRSol - Visit our Sponsors!  
 
Untitled Document
 


 
 
 
The Dominican Sun
"Daily Dominican Republic News in English Since 2004"
Wednesday, May 2nd, 2012
EnglishEnglish EspanolEspanol Deutsch Francais
Business does not want more FTAs
Story Text & Photos © 2012 by DR1 May 2 2012 09:00AM
DR1 - The huge US$3. 19 billion trade deficit with the US through DR-CAFTA has apparently deterred Dominican business from supporting similar agreements with Canada, Mexico and Haiti, according to Diario Libre. This opinion is also echoed in the Tuesday, 1 May edition of Hoy newspaper. Diario Libre quotes the Minister of Industry and Commerce, Manuel Garcia Arevalo, as saying that 78% of the deficit is from products that are not made in the Dominican Republic: oil, machinery, vehicles, cereals and plastic parts. Despite the fact that these imports did not have a negative effect on Dominican production, the business community does not seem anxious to conclude similar free trade agreements with Mexico, Canada or Haiti. In 2011, only Costa Rica and Nicaragua had positive trade balances with the United States under the CAFTA agreement. Ligia Bonetti, the president of the Industrial Association of the Dominican Republic (AIRD) told reporters that she does not understand why people with ties to the government are trying to continue signing these sorts of agreements without any changes in the internal conditions. These conditions make Dominican industrial output uncompetitive on international markets. Read original at DR1.

  

   Bookmark to:www.drsol.info Del.icio.us Bookmark to:www.drsol.info StumbleUpon Bookmark to:www.drsol.info Slashdot Bookmark to:www.drsol.info Yahoo Bookmark to:www.drsol.info Newsvine

(Posted 09:00 Wednesday by DRSol NewsHound. Viewed 960 times.)
0 CommentsSend to FriendPrintableView Full


Dominican fiscal deficit greater than current budget
Story Text & Photos © 2014 by Dominican Today Apr 19 2014 21:29PM
Dominican Today -

Santo Domingo. – The fiscal deficit during 2013 was RD$70. 0 billion, equal to 2. 77% of GDP, meaning that it was 11. 3% greater than the current line of RD$62. 9 billion, the Government Accounts Agency (Digecog) revealed.

According to the report “State of Collections and Investment of the Income,“ which covers 2013, the financial results for last year reveal a deficit of RD$70. 0 billion, which represents 111. 3% with respect to the estimate in force for 2013, and which at the same time represents 2. 77% of GDP.

Finance minister Simon Lizardo told the press in February that in 2013 the fiscal deficit was some RD$70. 0 billion, equal to 2. 77% of GDP. He then said the deficit was below the goal that was forecast. But the RD$70. 0 billion amount to which the minister referred corresponds to the original budget, before it was modified.

In its report the Accounting Agency stresses that his result was modified by RD$7. 2 billion to remain at RD$62. 9 billion. On 27 November 2013, the Congress approved Law 158-13 which modified that year’s budget.


Read original at Dominican Today.

  

   Bookmark to:www.drsol.info Del.icio.us Bookmark to:www.drsol.info StumbleUpon Bookmark to:www.drsol.info Slashdot Bookmark to:www.drsol.info Yahoo Bookmark to:www.drsol.info Newsvine

(Posted 21:29 Saturday by DRSol NewsHound. Viewed 43 times.)
0 CommentsSend to FriendPrintableView Full


Europol dismantles Bulgarian credit card fraud ring
Story Text & Photos © 2014 by Dominican Today Apr 19 2014 21:29PM
Dominican Today -

Sophia. – A year-long investigation into a Bulgarian credit card fraud gang resulted last week in the arrests of three people in Italy and four in Bulgaria, Europol announced.

According to esecurityplanet. com, 25 people involved in the scam have been arrested, and an additional 21 have been charged. Fraudulent withdrawals were committed in Indonesia, the USA, Bali, the Dominican Republic and Kenya.

Police have seized a total of 250 skimming devices, 2,000 blank credit cards and more than 50,000 Euros in cash.

Italy’s Comando Carabinieri Antifalsificazione Monetaria coordinated the operation, with the support of the cybercrime department of the Bulgarian State Agency for National Security. Europol agents assisted by analyzing phone bills and hard drives linked to the gang.

Esecurityplanet. com reported that the criminals were highly organized and obtained cash from ATMs using data which they had obtained via skimming devices.

Read original at Dominican Today.

  

   Bookmark to:www.drsol.info Del.icio.us Bookmark to:www.drsol.info StumbleUpon Bookmark to:www.drsol.info Slashdot Bookmark to:www.drsol.info Yahoo Bookmark to:www.drsol.info Newsvine

(Posted 21:29 Saturday by DRSol NewsHound. Viewed 43 times.)
0 CommentsSend to FriendPrintableView Full

Medina, Fernandez to be referees in electing the PLD candidate
Story Text & Photos © 2014 by Dominican Today Apr 19 2014 21:29PM
Dominican Today -

Santo Domingo. – PLD candidate and Tourism minister Francisco Javier Garcia said Sunday that his colleagues Leonel Fernandez and Danilo Medina will play a referee role in the party internal process of choosing the PLD candidate for the  2016 presidential elections.

According to El Nuevo Diario, Garcia said that due to their leadership within the ranks of the party as well as in the country, both Fernandez and Medina will have to play a referee role to ensure party unity.

Read original at Dominican Today.

  

   Bookmark to:www.drsol.info Del.icio.us Bookmark to:www.drsol.info StumbleUpon Bookmark to:www.drsol.info Slashdot Bookmark to:www.drsol.info Yahoo Bookmark to:www.drsol.info Newsvine

(Posted 21:29 Saturday by DRSol NewsHound. Viewed 43 times.)
0 CommentsSend to FriendPrintableView Full

Easter holiday death toll jumps to 20 (Update)
Story Text & Photos © 2014 by Dominican Today Apr 19 2014 21:29PM
Dominican Today -

Santo Domingo. – In his second report Saturday before noon, Emergency Operations Center (COE) director Juan Manuel Mendez said 20 people have died during the Easter break so far, all of them were in traffic accidents.

COE also reports 582 people affected, 354 in traffic accidents, 30 for alcohol overdose, 10 for food poisoning and 188 for various reasons.

According to Mendez, most traffic accidents occurred in Santo Domingo, La Vega, Puerto Plata and San Cristobal.

Read original at Dominican Today.

  

   Bookmark to:www.drsol.info Del.icio.us Bookmark to:www.drsol.info StumbleUpon Bookmark to:www.drsol.info Slashdot Bookmark to:www.drsol.info Yahoo Bookmark to:www.drsol.info Newsvine

(Posted 21:29 Saturday by DRSol NewsHound. Viewed 43 times.)
0 CommentsSend to FriendPrintableView Full

Dominican singer Sonia Silvestre dies at 61
Story Text & Photos © 2014 by Dominican Today Apr 19 2014 19:59PM
Dominican Today -

Santo Domingo. – Renowned Dominican singer Sonia Silvestre died Saturday at the age of 61, a few days after being admitted to hospital Plaza de la Salud in critical conditions due to a massive stroke and two heart attacks.

The information was given by her husband Jose Betancourt, father of her children Andres and Heloise Estela Betancourt Silvestre.

“We have to announce the sad demise of our Sonia Silvestre,“ Betancourt said through a statement issued today.

According to press reports, tomorrow Sunday, 20 April there will be a private ceremony for the family and her remais will be exposed Monday at the Blandino funeral home on Lincoln Avenue.

Read original at Dominican Today.

  

   Bookmark to:www.drsol.info Del.icio.us Bookmark to:www.drsol.info StumbleUpon Bookmark to:www.drsol.info Slashdot Bookmark to:www.drsol.info Yahoo Bookmark to:www.drsol.info Newsvine

(Posted 19:59 Saturday by DRSol NewsHound. Viewed 43 times.)
0 CommentsSend to FriendPrintableView Full

8 Dominicans have died so far during Easter break
Story Text & Photos © 2014 by Dominican Today Apr 19 2014 13:59PM
Dominican Today -

Santo Domingo. – The Emergency Operations Center (COE), in its first bulletin, said eight people died nationwide during the Easter break so far, all in traffic accidents.

According to the COE, the fatal accidents involved three motorcycles and four light vehicles.

The report, issued Friday at 11:00am, says there was one less death this year than last year during the same period.

Read original at Dominican Today.

  

   Bookmark to:www.drsol.info Del.icio.us Bookmark to:www.drsol.info StumbleUpon Bookmark to:www.drsol.info Slashdot Bookmark to:www.drsol.info Yahoo Bookmark to:www.drsol.info Newsvine

(Posted 13:59 Saturday by DRSol NewsHound. Viewed 43 times.)
0 CommentsSend to FriendPrintableView Full


EnglishEnglish EspanolEspanol Deutsch Francais  
Display an exclusive DRSol Translated version of these news items  
 
   

Properties for sale by owners. Save money!

Today's Exchange Rates



   
     
 
  Our Thanks to These Fine Providers:
    IconDrawer for the Country Flag Icons

DRSol is ©2004-2008
by Xanadu Digital Web Services. All Rights Reserved.

 



localhost / drsolinfo_admin / alba2204
Could not connect to drsolinfo_portal:Table './drsolinfo_portal/ds_views' is marked as crashed and should be repaired