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Friday, September 29, 2006
Sees GDP growth speeding up
Sept 28 (Reuters) - Economic growth in El Salvador will increase to about 4.5 percent in 2007 compared with
3.5 percent expected this year, the finance ministry said in a budget bill sent to Congress on Thursday.
The Central American nation's central bank predicted at the beginning of September that the economy would
grow 3.5 percent in 2006. Gross domestic product rose 2.8 percent last year.
Delivered to Congress by Finance Minister William Handal, the annual budget bill also forecast inflation between
2 and 3 percent next year in the country, which uses the U.S. dollar as its currency.
It said remittances from abroad, a major source of income, would grow 18.4 percent next year to $3.575 billion.
Fri, September 29, 2006 | link
Douglas Barclay completes ambassadorship
(From Oswego County Business) Excerpts
By Bruce Frassinelli
When U.S. Ambassador to El Salvador H. Douglas Barclay finishes his three-year
tour of duty in a little more than three months, he will turn another page in a storied career.
Although the 74-year-old
Pulaski resident doesn’t know yet where the next phase of life will take him, you can be sure it won’t be to a rocking chair
on his expansive Douglaston Manor in the town of Richland.
In an exclusive phone interview with Oswego County Business Magazine Wednesday, Barclay said the transition process is under way. A Senate hearing
was held Wednesday to take testimony on his nominated successor, Charles Glazer, 63, an investment banker from Greenwich,
Conn.
Since the Senate is scheduled to adjourn Friday for the November elections, Glazer’s nomination will probably
not come up for full Senate confirmation until mid- to late-November at the earliest.
Barclay says he will leave with
mixed emotions. He said he is proud of the team effort he fostered at the embassy in the capital, San Salvador.
“Getting
everybody going in the same direction was important,” he said. “We have a good team.”
He also has made it a point to
study Spanish daily and learn the native language of the country in which he is serving.
He downplayed his proficiency,
but his chief aide, Rebecca Thompson, insisted that the ambassador is much too self-effacing.
“He has made such progress,”
she says. “He is diligent and studies so hard, and after every public appearance (he makes official addresses in Spanish),
people remark—without prompting—about how proficient he was,” she adds.
His main disappointment is a surge in crime
during the last six months, which he fears will hamper economic development. Much of this uptick can be traced to drug-dealing
gangs.
The economy has shown impressive gains this year with the gross domestic product up by 4 to 4.5 percent compared
to 1.5 to 2.5 percent the year before, Barclay says.
With the Central America Free Trade Agreement (CAFTA) kicking
in, Barclay said another percentage point can be added, provided that crime and corruption do not snuff out growth.
Barclay’s
wife, Sara—she’s best known as Dee Dee—will rejoin her husband next week. She has been in Pulaski readying their home for
their return, probably in January.
Barclay was appointed to the $142,500-a-year job by Bush in the fall of 2003. He
was confirmed by the Senate less than two months later.
Fri, September 29, 2006 | link
Tuesday, September 26, 2006
Brutal El Salvador priest killing mystifies police
(From Reuters) The suspected murder of a Catholic priest, whose battered body was found on the side
of an El Salvador highway on Monday, has mystified authorities in a country with a troubling history of killing religious
figures.
(Foto from La Prensa Grafica)
The Rev. Ricardo Romero's body was found next to his car 42 miles (68 km) west of the capital of San Salvador,
with his skull crushed. Police said initial investigations ruled out robbery or kidnapping as a motive.
The human rights office for the Catholic Church in El Salvador said it would investigate the killing, one
of many in a country where persistent violence claims an average of 10 lives daily.
During the Central American nation's 1980-1992 civil war, over 75,000 people were killed, including 17
priests, most murdered for their leftist political views.
Archbishop Oscar Arnulfo Romero, known as "the voice of those without a voice," was assassinated because
of his fight against poverty and human rights abuses by the Salvadoran government.
Tue, September 26, 2006 | link
Friday, September 22, 2006
WHO Calls for Spraying Controversial DDT
(From the Wall Street Journal)
The World Health Organization, in a sign that widely used methods of fighting malaria have failed
to bring the catastrophic disease under control, plans to announce today that it will encourage the use of DDT, even though
the pesticide is banned or tightly restricted in much of the world.
The new guidelines from the United Nations public-health agency support the spraying of small
amounts of DDT, or dichloro-diphenyl-trichloroethane, on walls and other surfaces inside homes in areas at highest risk of
malaria. The mosquito-borne disease infects as many as 500 million people a year and kills about a million. Most victims are
in sub-Saharan Africa and under the age of 5.
[The CDC reports rural areas of the departments of Santa Ana, Ahuachapán, and La Unión in El Salvador
are at risk for malaria.]
Fri, September 22, 2006 | link
Tuesday, September 12, 2006
Central American Stock Market to Commence in 2007
Panama, Costa Rica and El Salvador have signed an agreement to merge their stock markets in 2007.
Other countries will be invited to join. This new market should help Central American companies find investment capital
and generally improve the economy in Central America in the longer term.
Tue, September 12, 2006 | link
Monday, September 11, 2006
School Fees to Rise Significantly
The government has approved an increase of $100 in the fees charged by 245 private high schools for the
school year beginning in January 2007. Virtually all young people who attend high school have to attend private schools.
There are a total of about 1,300 private high schools in El Salvador. $100 is more than two weeks' wages for the typical
worker.
Mon, September 11, 2006 | link
Sunday, September 10, 2006
Floods Continue
Vehicles, people and buildings are submerged along Circunvalación Street, in Colonia
Médica, in San Salvador, after Saturday's heavy rain.
Sun, September 10, 2006 | link
Saturday, September 9, 2006
Problems Continue on Buses
Gangs continue to create problems for bus lines in parts of El Salvador. Gangs of criminals (maras)
collect protection money from the bus owners and drivers. if they don't pay drivers may be killed or buses destroyed.
One of the photos below shows the increased police presence. The second shows one of the five buses burned in San Miguel
earlier this week. The editorial cartoon speaks to the gang members who have a presence in both the USA (EUA) and El
Salvador; gang leaders are able to control criminal activities while incarcerated.
Sat, September 9, 2006 | link
Friday, September 8, 2006
Video
An excellent amateur short video depicting El Salvador today.
Fri, September 8, 2006 | link
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