Posts Tagged mit: says

Nachbar Haiti

Eleven years later, he is still eking out a living on the same batey, or labour encampment, where he arrived, with no money, nine fingers, and a foot-long vertical gash on his chest that has been sewn up like a mailbag.

“Can you help me get a cédula?” he asks,

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Freihandelszone

Cafta threatened to remove that competitive advantage and bestow it on countries such as Nicaragua and Honduras, where poverty levels are so severe that they could undercut even the wages paid to Dominicans.

Hugo Guiliani Cury, who had recently headed the Dominican Republic’s mission to the World Trade Organisation’s talks

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Offshore Finanzzentrum

Gaetan Bucher, a Swiss-Dominican private banker developing the project, is in no doubt about what he is taking on. “Talk about taking on a challenge,” he says. He plans to house a complex built at a cost of more than $600m on a 17 sq km greenfield site at

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Strom nur ein Traum

“We sometimes pay the bill, but then they usually end up charging us for electricity we’ve not used, so then we go on strike,” says Ms Miranda, a scrum of three children lurking round her feet waiting for supper.

At the other end of the social spectrum, in Santo Domingo’s

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Auslandsüberweisungen

“It’s very important for me,” she says. “I pay for the kids, I pay for the telephone and the light and the water and the cellphone and collective buses and food with it. Everything. It pays for us completely.”

Julio does not enjoy living in the US, she says, and

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Marketing

Tobacco, in the form of premium hand-rolled cigars with an aroma certain to mellow any mood, and cocoa beans processed into velvety chocolate guaranteed to liberate endorphins galore, are giving the Dominican Republic a new reputation.

Amid gently swaying royal palms and green rolling hills 80km northwest of Santo Domingo,

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Bankensystem

“Confidence in the daily operations of the bank survived because of the way the business elite has covered the deficit with their own resources,” President Fernández told the FT.

Even so Banco del Progreso’s difficulties have been an uncomfortable reminder of the crisis in 2003 at Baninter, then the country’s

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Die Person Leonel

Back then, his main claim to fame had been his role as right-hand man to a former Marxist president, Juan Bosch. In the early 1970s he had helped Mr Bosch form the left-wing pro-Cuban Dominican Liberation Party, the principal aim of which was to campaign against US influence in

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