ADOCEM convenes an event during Climate Week; calls for expressions of interest in building a hotel in a Cabo Rojo tourism project; Central Bank affirms the country's economy is performing well; none of the prisons have signal blockers; the Medusa network had three in its possession; Abinader says 10 schools under construction in La Romana have legal problems; the Dominican Treasury achieves a return of more than RD$1 billion in the first half of 2022; US banks reduce their profits in the first half of 2022; Boeing hopes to see the light at the end of the tunnel after years of chaos; a multitude of state projects are stalled or forgotten; the country is among the most vulnerable to climate change in Latin America and the Caribbean.
ADOCEM and FICEM will hold an event today as part of climate week
ADOCEM and the Inter-American Cement Federation (FICEM) will hold a meeting today, Tuesday, July 19, to discuss "The Cement and Concrete Industry of Latin America and the Caribbean: Towards Carbon Neutrality." It will take place in the Garden Terrace room of the Hotel Embajador.
Call for expressions of interest in building a hotel in Cabo Rojo tourism project
The Trust for Tourism Development of the Province of Pedernales reported yesterday that it is carrying out activities with a view to conducting a competitive contracting procedure for the construction work of the hotel on lot 10 of the Cabo Rojo Tourism Development Project, Pedernales, and therefore called on national and international legal entities to show interest in participating in said process.
Central Bank affirms country's economy is performing well
In Latin America, inflationary pressures remain high, influenced by the significant increase in international commodity prices and distortions in supply chains. This statement was made by the Central Bank in a note explaining that, to counteract high inflation, central banks in the region have been implementing monetary normalization plans, raising their monetary policy interest rates (MPRs).
None of the prisons have signal blockers; the Medusa network had three in its possession
The Medusa case has revealed the authorities' unwillingness to block cell phone signals from prisons, allowing criminal networks to continue operating from within penitentiary facilities. The case file contains several certifications from prison authorities confirming that none of the penitentiary centers have cell phone signal jammers, and that despite complaints from some sectors, three were acquired during Jean Alain Rodríguez's tenure as Attorney General, although "these devices were used for purposes other than those for which they were requested.".
Abinader says 10 schools under construction in La Romana have legal problems
In La Romana there are 10 schools under construction that are not just stopped by the new government, but have been paralyzed for six years, said President Luis Abinader.
The Dominican Treasury achieves returns of over RD$1 billion in the first half of 2022
The National Treasury reported yesterday that the Treasury earned more than 1 billion pesos in the first half of this year from returns generated by the management of account balances, "which positively impacted the liquidity of public finances.".
US banks reduce their profits in the first half of 2022
The major US banks, JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, Goldman Sachs and Morgan Stanley, announced that their profits in the first half of 2022 compared to the first half of last year.
Boeing hopes to see the light at the end of the tunnel after years of chaos
US giant Boeing signed major contracts yesterday, Monday, on the first day of the Farnborough Airshow in the UK, hoping to emerge from the deepest crisis in its history, marked by the crashes of its 737 MAX and problems with its jumbo jets.
A lot of state projects that are stalled or have been forgotten
Fading into oblivion and shrouded in the despair of the communities that once filled them with enthusiasm, dozens of projects across the country languish, left unfinished by successive governments and administrations that failed to continue them. Housing projects, recreation centers, and other works, half-finished or partially completed, are the only remaining traces of these government plans, whose names, once emblazoned on signs, have faded or lost their color over the years.
The country is among the most vulnerable to climate change in Latin America and the Caribbean
The Dominican Republic emits the fewest greenhouse gases and is one of the most vulnerable to climate change in Latin America and the Caribbean. However, it is one of the least financed and most indebted countries in the region.
