HomeUncategorizedThis news roundup keeps you informed about the country; estimates in the US...

This news roundup informs you about the country; they estimate the theft, since February, from AFP members at US$72.3 million.

Today marks 178 years since the Battle of March 30th; the DGII (Dominican Republic's Internal Revenue Service) publishes regulations governing "certifiable proof" of payments; the Dominican Republic will require visas for Cubans entering the country; economists believe Russian actions in Ukraine impact the Dominican Republic; the price of oil fell 7% in New York, closing at US$105.96; teachers are once again walking out of classrooms today to protest; division, inflation, poverty, and education are the major challenges facing Latin America; new air routes between Punta Cana and Porto, Paris, and Philadelphia are approved; the first Dominican Republic Air Rally 2022 is launched; the decrease in pension funds is estimated at US$72.3 million; the COE (Emergency Operations Center) maintains an alert level in 14 provinces due to rain; cleanup work begins on the Gurabo stream with an investment of RD$1.3 million; sales in the beverage sector are expected to increase during 2021 in the Dominican Republic; Russia will reduce its operations near Kyiv; more than four million people have fled Ukraine due to [unclear - possibly "crisis" or "crisis"] The invasion, according to the UN, Biden and his European allies are skeptical of Russia's promise to reduce its military activity in Ukraine.

Today marks the 178th anniversary of the battle of March 30th

The Dominican Republic today commemorates the 178th anniversary of the battle of March 30, fought in Santiago de los Caballeros, which, together with the battle of March 19, which took place in Azua, constituted the first major confrontations of the independence struggle.

DGII publishes rules that regulate "reliable proof" of payments

The Dominican Republic's Internal Revenue Service (DGII) published two general regulations on Tuesday governing the "certified proof" of payments for motor vehicle and trailer transactions, as well as those made by public notaries, in compliance with Law 155-17 against Money Laundering and the Financing of Terrorism and the Proliferation of Weapons of Mass Destruction. In a statement, the DGII explained that Law 155-17 prohibits cash payments between 250,000 and 1 million pesos in various commercial transactions involving real estate, vehicles, aircraft, boats, precious jewelry, works of art, and gambling.

The Dominican Republic will require visas for Cubans entering the country

Cuban citizens entering the Dominican Republic in transit to other countries will need a Dominican visa, the General Directorate of Migration announced Tuesday.

Economists believe Russian action in Ukraine impacts the Dominican Republic

Economist César Augusto Sención warned of the impact of the war between Russia and Ukraine on the Dominican Republic, given that 15% of its tourism comes from Europe, and a significant number of travelers originate from the conflict zone. He stated that this conflict increases the cost of oil and its derivatives, such as gasoline, energy, and industrial production, thus generating inflation.

The price of oil fell 7% in New York and closed at US$105.96

The price of West Texas Intermediate (WTI) crude oil fell 7% to $105.96 a barrel in reaction to lockdowns imposed in Shanghai (China) to curb a resurgence of COVID-19.

Teachers walk out of classrooms again today to protest

Once again, and for the second time in less than a week, teachers will not be teaching in public schools across the country, as the strikes continue this Wednesday. The Dominican Teachers Association (ADP) is demanding a salary increase from the Ministry of Education.
Division, inflation, poverty, and education are the major challenges facing Latin America.

Division, inflation, poverty, and education are the major challenges facing Latin America

During the Global Forum Towards the Summit of the Americas,former presidents and experts in diplomacy and international relations revealed the main challenges facing Latin American nations, highlighting poverty, education, and the integration of all sectors to achieve socioeconomic stabilization in the region. Former President Leonel Fernández stated that Latin America is currently experiencing one of its most disunited periods. 

New air routes approved between Punta Cana and Porto, Paris and Philadelphia

The Civil Aviation Board (JAC) approved on Tuesday a special permit request for the airline Orbest and an amendment to the operating permit of Spirit Airlines, both of which are expanding their operations to transport more passengers to the Dominican Republic. This was announced by the board's president, José Marte Piantini, at the conclusion of the plenary meeting.

The first Dominican Republic Air Rally 2022 has begun

The Executive Director of the Airport Department (DA), Víctor Pichardo, highlighted the work and resources being implemented by the national airport sector to make the Dominican Republic the leading Caribbean destination for private aviation. In his opening remarks at the first RD Air Rally 2022, organized by Catherine Tobenas, Pichardo explained that, within the sector strengthening plan established by President Luis Abinader, the institution he leads has a particular focus on non-commercial private aviation.

Pension fund decrease estimated at US$72.3 million

The Coalition for Dignified Social Security and the National Observatory for Consumer Protection (ONPECO) denounced the theft of $72.3 million from members of the Pension Fund Administrators (AFPs) since February. Members of both groups are demanding transparent public explanations for the drop in the dollar portfolio and where the money went, as well as the restitution of the funds "illegally" withdrawn by the AFPs.

COEmaintains alert level in 14 provinces due to rain

The Emergency Operations Center (COE) maintains an alert level for 14 provinces of the country due to possible flooding of rivers, streams, and ravines, as well as flash floods or urban flooding. Rainfall across the country will continue until nightfall and will extend to other towns in the northeast, southeast, central mountain range, and Cibao Valley, as the frontal system remains almost stationary over the country

Cleanup work begins on the Gurabo stream with an investment of RD$1.3 million

The government yesterday launched the cleanup project for the Gurabo stream in Santiago, with an estimated investment of RD$1,392.4 million and a projected completion time of two years. The project is expected to impact the lives of approximately 900,000 people. Winston Arnaud, executive director of INAPA (National Institute of Drinking Water and Sewerage), explained that the project aims to restore water sources and reduce environmental impact. The first phase of the project will cover approximately 5.2 kilometers of the Gurabo stream, starting from the Salvador Estrella Sadhala Avenue bridge and extending to the mouth of the Yaque del Norte River.

Salesin the beverage sector increased during 2021 in the Dominican Republic

During 2021, sales of beverage increased by 27.1% compared to 2020, mainly driven by increased sales of "Distillation of alcohol ", which had a share of 37.9%, "Manufacture of beer, beverages and malt" with 27.0% and "Manufacture of beverages excluding soda" with a share of 24.8%. 

Russiawill reduce its operations near Kiev

Moscow has decided to "fundamentally reduce" its operations near the capital and another major Ukrainian city to "increase mutual trust" in the talks aimed at ending the war, Russia's deputy defense minister said. Alexander Fomin explained on Tuesday that Russian forces will reduce "military activity in the direction of Kyiv and Chernihiv.".

More than four million people have fled Ukraine because of the invasion, according to the UN

In just over a month, more than four million people have fled Ukraine due to the war, according to UNHCR, the UN refugee agency. The United Nations says this is the fastest exodus in Europe since World War II. In total, including internally displaced persons, some 10.5 million Ukrainians have been forced to leave their homes.

Bidenand his European allies are skeptical of Russia's promise to reduce its military activity in Ukraine.

At the end of an hour-long call between allies, US President Joe Biden expressed caution. “We’ll see. I won’t believe anything until I see it backed up with actions,” he said, referring to Russia’s announcement that it would “drastically” reduce military operations in the Kyiv and Chernihiv areas to advance the resolution of the conflict.

Sources: Listín Diario, El Día, Diario Libre, Hoy, El Caribe, El PAÍS

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