Santo Domingo.–The Dominican government is reneging on an agreement to pay private generators around US$200 million owed for energy, as agreed with the World Bank (WB). A reliable source in the industry revealed today that despite the pledge by State-owned power companies (CDEEE) director Celso Marranzini that the payment would materialize by yearend, Treasure minister [...]

Santo Domingo.– Economists and businessmen expect the agreement with the International Monetary Fund (IMF) will dinamize the Dominican economy during next year´s fist half, with a lot of money circulating, a broadening tax base and several public expenditures. Members from the Chamber of Commerce and Production of Santiago expect that 2010 will see a change [...]

Preparing his expedition On December 11, 1695, Bellomont, who was now governing New York, Massachusetts, and New Hampshire, asked the “trusty and well beloved Captain Kidd”[12] to attack Thomas Tew, John Ireland, Thomas Wake, William Maze, and all others who associated themselves with pirates, along with any enemy French ships. This request preceded the voyage [...]

An American underwater archaeology team has found what’s believed to be the remains of a ship piloted by notorious buccaneer Captain William Kidd. Indiana University researchers discovered cannons and anchors off a tiny Caribbean island in just ten feet of water, which they believe belong to the Quedagh Merchant, a ship Kidd abandoned in 1699 [...]

Spiritual leader takes rest after months of traveling the globe. Citing “exhaustion,” the Dalai Lama has canceled plans to travel, the AP reports. A spokesman said the Tibetan spiritual leader would not go to Mexico and the Dominican Republic, and instead would rest and undergo medical tests for the next three weeks. The 73-year-old has [...]

Rep. Charles Rangel blamed his failure to pay taxes on his rental income from a Caribbean villa to “cultural and language barriers,” reports the New York Times. “Every time I thought I was getting somewhere, they’d start speaking Spanish,” Rangel said of his attempts to sort out his paperwork. The congressman admitted responsibility for his [...]

Santo Domingo.– President Leonel Fernandez Reyna celebrated his 56th birthday yesterday. He was born in Santo Domingo on 26 December 1953, son of the late Jose Antonio Fernandez and Yolanda Reyna Romero. Fernandez was first elected president of the Dominican Republic in 1996, winning in the second round, in an alliance with the PRSC party, [...]

The Netherlands’ upset of a squad full of big-league Dominican talent still seems pretty far-fetched, Jeff Passan writes for Yahoo Sports the day after the stunning Dutch victory in the World Baseball Classic. “They beat a team paid more than $80 million this year by melding kids trying to scratch out major-league careers, elders trying [...]