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Former Agriculture Minister in the 2000-2004 PRD administration Eligio Jaquez predicts that former President Hipolito Mejia will be the party’s presidential candidate in 2012. He expresses his optimism that the constitutional reform proposal submitted by President Leonel Fernandez to Congress will make this possible. The Fernandez proposal allows for a President to run again for office after two consecutive terms by leaving a four-year stretch between seeking a new term.

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The story of Jean Carlos de Leon, who lives in the rural town of La Yautia in the province of Monte Plata, shows again that where there is a will, there is a way, as reported in Listin Diario. Who would believe that there could be a Wi-Fi Internet connection in that remote farming region? Jean Carlos de Leon is a second semester industrial engineering student at the UASD state university. Piecing together discarded parts, he was able to put together a computer using an old 2000 IBM at the house where he lives with his 80-year old grandmother, Dona Aurelia. When there is electricity, he can connect to the Internet free of charge thanks to his home-made connection consisting of an old aluminum pot, a cable and a piece of copper. The antenna is on top of a 40-meter tall coconut palm, and receives the Dominican Telecommunications Institute’s Broad [...]

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The fate of the government’s $700 billion financial bailout plan was thrown into doubt Monday as the House rejected the measure. The defeat left the Bush administration and congressional leaders scrambling to figure out whether to renegotiate the bill and introduce it again as soon as Thursday or try other options. Stock markets reacted violently.

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NDP Leader Jack Layton urged Prime Minister Stephen Harper to call a special meeting for federal party leaders to discuss the potential effects of the U.S economic crisis on Canadians, but Harper has rejected the proposal.

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Stocks skidded this afternoon, with the Dow’s nearly 778-point drop being the worst single-day point loss ever, after the House rejected the government’s $700 billion bank bailout plan.

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The lower house of the US Congress votes down a $700bn (£380bn) plan to bail out Wall Street, as it sees its biggest daily points fall ever.

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The Toronto stock market hit an 800-point downdraft Monday as a financial bailout bill was voted down in Washington and the price of oil dropped below $100 US a barrel.

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Democrats and Republicans on Capitol Hill immediately blamed each other for the failure of a $700 billion bailout package in the House on Monday.

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The vice presidential candidates on Monday are squeezing in campaign appearances in battleground states before they transition into debate prep mode.

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