Luis Álvarez Renta appointment as part of his retirement, in order to effect positive change for the country by helping it negotiate a Free Trade Agreement with the European Union. However, after Governor José Lois Malkún of the Central Bank of the Dominican Republic’s announcement that Álvarez Renta was involved in the Baninter debacle, Álvarez Renta resigned the post in order to avoid a dispute between President Mejia and his advisors. In response to the announcement, Álvarez Renta took out full-page advertisements in the press, in which he declared he was innocent of all the charges made by the Central Bank. He also
Oscar De La Hoya vs. Floyd Mayweather Jr. Oscar De La Hoya vs. Floyd Mayweather Jr. De La Hoya vs. Mayweather: The World Awaits was a super welterweight superfight that took place on May 5, 2007, at the MGM Grand Arena in Las Vegas, Nevada between six-division world champion Oscar De La Hoya (38–4, 30 KO) and undefeated four-division champion Floyd Mayweather Jr. (37–0, 24 KO). At the time, the bout was the most lucrative boxing match ever, with over $130 million in generated revenue. Mayweather Jr. won by split decision over De La Hoya in 12 rounds, capturing the World Boxing Council (WBC) light middleweight title. The