Senate president defends loans and says “they are all p

Senate president defends loans and says “they are all p

The president of the Senate, Ricardo de los Santos, defended this Thursday the loans which the National Congress has approved alleging that all debts have been used for investment projects. Upon leaving a meeting of talks in conjunction with the Constitutional Court, the senator explained that the majority of the loans are included in the … Read more

Officials and opponents clashed over government loans

Officials and opponents clashed over government loans

By Jessica Soriano SANTO DOMINGO.- Official legislators justified the more than 1.4 billion dollars approved this Wednesday between both chambers of the National Congress for the construction of State works, improving energy efficiency and for disaster risk management. However, for the opposition, the loans are nothing more than a “deadly blow” for the Dominican people, … Read more

Deputies approve loans for more than US$ 1,200 million

Deputies approve loans for more than US$ 1,200 million

Santo Domingo.- “We are not going to vote for these loans“, said Tobías Crespo, spokesperson for the People’s Force. The legislators of the Dominican Liberation Party (PLD) and the People’s Force (FP) and the Dominican Revolutionary Party (PRD) declared themselves in mourning because in this Wednesday’s session in the Lower House, at least six new … Read more

Lending in Schrems: Will Hergovich call now?

Lending in Schrems: Will Hergovich call now?

Unusual outcome of the search for a decision for loans from the city of Schrems for 3.67 million euros: After intensive debate in the local council and the interruption of the meeting, SPÖ Finance City Councilor Michael Preissl changed his application from models with fixed interest rates to variable loans. The loans are intended to … Read more

China’s Economy: Weak Credit Growth and Demand Plague Economic Recovery

China’s Economy: Weak Credit Growth and Demand Plague Economic Recovery

China remains in weak economic shape – this is shown by current data on credit growth and credit demand. China: Weak credit growth, weak credit demand Credit growth in China remained flat in October constantwith a sharp increase in government bond sales to finance stimulus measures offsetting weak corporate and household borrowing and a sharp … Read more