Here S & P reduces calificaciónen Europe

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-the Central Bank decided to intervene actively in the foreign exchange market to control the increase in the rate of change that has occurred in the first weeks of the year. THE BCRD attributed the rise to a reduction in the supply of foreign currency in some areas zones.

Inflation in December was 0.11%, which produced Dominican inflation for the year 2011 closed at 7.8%. Underlying inflation, which isolates the exogenous price shocks, ended the year at 5.2%.

. The director of external relations of the IMF, Gerry Rice, said to still have no date for that "eventual future mission" come to the country. Also pointed out that a delegation of experts analyzing the Dominican tax system was in the country in December, but they were not involved in the negotiations of the agreement

Fitch confirmed the credit rating both in local currency as foreign in the Dr in "B" with a positive perspective. The u000aAgency seen as risk factors for the country the uncertainty of the agreement with the IMF, presidential elections and the international economic environment.

-El Banco de Reservas earned profits before taxes by more than RD$ 3,000 million pesos during the year 2011. The assets of the institution grew by almost 20%, reaching the RD$ 239 billion.

Beyond
-Standard & amp; Poor's cut the credit rating of nine countries in the euro area, including dispossession France and Austria of the highest echelon of AAA. Were reduced in two-tier rating of Italy, Spain, Portugal and Cyprus, and at a level of Malta, Slovakia, and Slovenia.

. According to the report of the employment Outlook for the international organization of work (ILO), the urban unemployment declined in 2011 to 6.8%. The potential economic slowdown of the 2012 would cripple the continuity of the reduction in unemployment

- President u000aBarack Obama notified the Congress of the United States. UU. with plans to increase the debt ceiling by $1.2 trillion dollars, since you need a higher level of indebtedness in order to fulfil the obligations flows.

Chinese inflation closed 2011 at 5.4%, well above the target of the Government of 4%. The most influential factor was the price of food, that during the year increased 9.1%.

-Mario Draghi, Chairman of the European Central Bank, considers that the strategy of injection of liquidity financial markets has been effective and has helped to reduce the incidence of Italian bonds and Spaniards.

-The Bank of England did not increase the interest rate for monetary policy, something which many hoped, because even they did not have enough information on the performance of the economy during the last quarter of 2011 and did not want to rush the decision.

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