SANTO DOMINGO.- Dominican Republic’s current debt for Venezuela’s oil is more than US$1.0 billion, that country’s ambassador in Santo Domingo Alfredo Murga revealed Wednesday.
He stressed however that the framework for the Petrocaribe agreement stipulates that the group of oil bills will be paid under conditions he described as very special, with solidarity and cooperation between both nations.
In that regard the diplomat said from now all fuel supply debts will be related since Venezuela has a 49 percent stake in the country’s refinery, Refidomsa.
Murga added that Caracas, through its State owned PDVSA, acquired the Refidomsa shares in a deal the diplomat expects means good business which in addition to easing the Dominicans’ weakness in energy, would also give Venezuela the opportunity to place its crude in the Eastern Caribbean market.
From: Canada
Will they take a few slightly used Tucanos as a down payment?
From: United States, FREEPORT, Long Island.... (Look, beyond the words)
Maaaaaaaaaan, don't get me started!!!!
SueltameSueltameSueeeeeeeeeeelta me.......Que melo como!!!! Ese saroso de leonel.
ByTheWay......How much is that in BEANS ?
From: United States
Damn, you people are sleazy and stupid.
“No new taxes for now; debt no threat to stability, Securities chief says”
He needs to be fired.
I do not care how low of interest they are paying on this kind of huge debt. You are screwed. You will NEVER catch up, NEVER.
From now on the ‘OIL’ debt will go up exponentially.
And what happened to quasi bank deficient from the Banniter Bank fraud?
Just sleazy.
From: United States
It's all a big game in the DR. Who can scam who for as much as possible before the scam is up. We will keep incurring debt and proclaiming how good our economy is doing. If the drug market somehow stops bringing in big money there will be a huge problem. Once the true nature of the country's debt and inability to pay become known as well as how they have been playing games the European and US economic crisis might be small by comparison. I do hope I am wrong on this but the dots seem to be lining up over the course of time.
Written by: juanb, 10 Nov 2010 12:50 PM
From: Dominican Republic
The home of the "I will gladly pay you Tuesday for a hamburger today" economy. Was the author of the Popeye comic strip Dominican?
From: United States
VeronicaDR, you are correct.
I can only think that these people are IDIOTS.
Once the money trains slows or stops these same pigs will bail and head out of the country. Because the 80% of the populace that they have been scamming will come looking for money to just eat.
It will be sad.
From: United States, FREEPORT, Long Island.... (Look, beyond the words)
Wasn't the deal with Venezuel, to be paid out in COMMODITY and not cash. ...
This is an outrage !!!!! We have been BAMBOOZLED by Leo Inc. and to say he wants a re-election is retarded....
Written by: juanb, 10 Nov 2010 1:31 PM
From: Dominican Republic
Just saw a fascinating statistic on US tv. In New York City, population 9,000,000+ the police department fired 296 bullets so far this year. That means total shots fired, not the number killed. That is a smaller number than the number of people killed by our police in "exchanges of gunfire".
From: United States
Veronica and gmiller,
These people are very shrewd not stupid.
They beleive that everyone that votes is stupid.
From: United States, FREEPORT, Long Island.... (Look, beyond the words)
why is this informative article one of the last to go up and the first to rotate out !!!!!!!!!!......DT, any explanations ?
WHO IS YOU PROTECTING!!!
Yesterdays article at 8AM about the Dom/Hati markets should have been next on line. Am I WRONG?
Wrong way to end the yeary, DT...obiously its not in alphabeticle order....I'm kinda disappointed, but, who am I anyways ? I'm just a subscriber from the USA with deep ties and concern to and for the dominican republic. A subscriber only depending on an editorial team to keep me informed.....No need to be concerned of what I think, I'm only one person....... I understand, I think.
From: United States, FREEPORT, Long Island.... (Look, beyond the words)
Mon , Mon, Yesterday, yesterday, yesterday, TODAY, yesterday,yesterday,..........Its still not corrected and a soon as you can notice its off the page completely, by only posting crap....What gives, leave it up, Leo is no good anyways, let him bury himself some more..........Why post an article like this if DT is on the books..(PLDT)...leave it up Jorge!!!!
I think everyone should know that, Leo's future son-in-law has his hands in the oil business. How ironic.
From: United States
"The Minister of Hacienda, Vicente Bengoa has revealed that the country owes Venezuela nearly two billion dollars for oil obtained under the PetroCaribe Agreement"
2B USD.................. Failed state. What percentage of the GDP is that?
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SueltameSueltameSueeeeeeeeeeelta me.......Que melo como!!!! Ese saroso de leonel.
ByTheWay......How much is that in BEANS ?
Damn, you people are sleazy and stupid.
“No new taxes for now; debt no threat to stability, Securities chief says”
He needs to be fired.
I do not care how low of interest they are paying on this kind of huge debt. You are screwed. You will NEVER catch up, NEVER.
From now on the ‘OIL’ debt will go up exponentially.
And what happened to quasi bank deficient from the Banniter Bank fraud?
Just sleazy.
The home of the "I will gladly pay you Tuesday for a hamburger today" economy. Was the author of the Popeye comic strip Dominican?
VeronicaDR, you are correct.
I can only think that these people are IDIOTS.
Once the money trains slows or stops these same pigs will bail and head out of the country. Because the 80% of the populace that they have been scamming will come looking for money to just eat.
It will be sad.
This is an outrage !!!!! We have been BAMBOOZLED by Leo Inc. and to say he wants a re-election is retarded....
Just saw a fascinating statistic on US tv. In New York City, population 9,000,000+ the police department fired 296 bullets so far this year. That means total shots fired, not the number killed. That is a smaller number than the number of people killed by our police in "exchanges of gunfire".
These people are very shrewd not stupid.
They beleive that everyone that votes is stupid.
WHO IS YOU PROTECTING!!!
Yesterdays article at 8AM about the Dom/Hati markets should have been next on line. Am I WRONG?
Wrong way to end the yeary, DT...obiously its not in alphabeticle order....I'm kinda disappointed, but, who am I anyways ? I'm just a subscriber from the USA with deep ties and concern to and for the dominican republic. A subscriber only depending on an editorial team to keep me informed.....No need to be concerned of what I think, I'm only one person....... I understand, I think.
I think everyone should know that, Leo's future son-in-law has his hands in the oil business. How ironic.
"The Minister of Hacienda, Vicente Bengoa has revealed that the country owes Venezuela nearly two billion dollars for oil obtained under the PetroCaribe Agreement"
2B USD.................. Failed state. What percentage of the GDP is that?