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Category Archives: Ireland
UK offers help to bankrupt Ireland
While the UK is not part of the Euro currency, the Finance Chief in the new UK government has announced that the UK is ready to stand up and help it’s “closest neighbor” “We’re going to do what is in … Continue reading
Posted in Danger, Economy, Europe, Ireland, UK
Tagged Brian Lenihan, George Osborne, IMF, Irish economy
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The Irish want to pay more tax?
As the Irish economy follows the USA into a double dip recession, it appears from a new poll released today that the Irish population will choose higher taxes over control of public spending when the next national election takes place … Continue reading
Posted in Europe, Ireland, Politics
Tagged opinion poll ireland, Political opinion polls
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Ireland Government to agree to official strike days
In an unprecedented move the Government of Ireland has agreed that every government employee will be entitled to 12 official strike days in 2010. Faced with the prospect of widespread all-out strikes across the public service, the government has agreed … Continue reading
Britvic trading update positive
Britvic PLC, maker of Robinsons and Tango (and UK distributor of Pepsi, Gatorade and 7Up on behalf of PepsiCo Inc) said this morning that expectations on its full-year results are ahead of analysts forecasts having seen particularly strong trading in … Continue reading
Posted in Business, Ireland, United Kingdom
Tagged Britvic, pepsi, Pepsi Ireland, Tango
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Irish Prime Minister (Taoiseach) can now show leadership
Following the collapse overnight of talks between the government and an elite group of social ‘partners’ on measures required to bring the Irish economy back from the brink of bankruptcy, the Irish prime minister, Brian Cowen, will now have an … Continue reading
Irish Parliament (Dáil) celebrates 90th anniversary on same day as Obama becomes President
On the historic day that Barack Obama becomes the 44th President of the United Staes of America. This Irish Parliament is celebrating the 90th anniversary of its establishemnt. The Dáil was established in the Mansion House in Dublin by MP’s from … Continue reading
Ireland Economy in free-fall, GNP falls 5%, is collapse looming?
While the global economy is enduring some of the greatest uncertainty in almost a century, the economy of the Republic of Ireland has been among the worst affected. The Irish Government today announced that the economy contracted by 5% up … Continue reading
Posted in Business, Danger, Economy, Ireland, tax
Tagged anglo irish, anglo irish bank, bank of ireland, bankruptcy, Credit Crunch, eire, Fianna Fail, incompetence at bank of ireland, incompetent government in ireland, Ireland, Ireland republic, ireland tax, Irish banks, Irish economy, irish government, Irish republic, Irish tax, iseq, iseq index, iseq index ireland, republic of ireland
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Ireland government recall all pork products. Bacon, ham, suasage, black pudding
The Irish government has tionight issued an emergency recall of all pork products. The recall covers all pigmeat products produced from Irish pork. They have also issued a warning to consumers to dispose of any pork products that they may … Continue reading
Posted in Danger, Ireland
Tagged Brendan smyth, Ireland, irish agriculture, Irish governement, Irish pork, irish porkmeat, Mary harney, pigmeat, pork, pork contamination
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UK to reduce VAT (Sales tax) to 15%
UK Chancellor of the Exchequer (Treasury Secretary) Alistair Darling is expected to reduce British sales tax or VAT from 17.5% to 15% in a move aimed at stimulating the faltering Uk economy. UK Prime Minister Gordon Brown will try to kickstart … Continue reading
Posted in Business, Danger, Economy, Ireland, Politics, Stocks, United Kingdom
Tagged Alistair Darling, British tax, Chancellor of the Exchequer, economic stimulus, Economy, Gordon Brown, Gordon Browne, Ireland, recession, sales tax UK, stimulus, UK, Uk tax, United Kingdom of Great Britain & Northern Ireland, United Kingdom of Great Britain and Northern Ireland, VAT
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Citigroup-Citibank to announce a 50000 cut in jobs
According to CNBC this morning, Citigroup Inc CEO Vikram Pandit will announce job cuts of up to 50,000 heads. The main points of the announcement
Posted in Business, Danger, Economy, Ireland, Stocks, USA
Tagged Citibank, citibank dublin, Citibank ifsc, Citigroup, citigroup inc, credit crisis, Credit Crunch, financials, IFSC, Pandit, risky assets, toxic assets, unemployment, Vikram Pandit
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Irish Government under pressure
Following a number of embarrassing u-turns domestically, the Irish governemt has seen 2 defections from its majority in the past week. An independent TD (Member of Parliament), Finian Mcgrath, who had been supporting the main Fianna Fail party in parliament … Continue reading
Ireland raises tax to pay for bank bailout
The 2009 budget in ireland was announced on October 14th 2008. Following the complete collapse of their property driven tax base and the recent €400billion bailout of their banking system, the Minister for finance Brian Lenihan has placed an additional
Ireland Government bail out of ALL irish banks.
The Irish banking system effectively collapsed this week following a flood of cash out of the country in the wake of the rejection of the rescue plan for the US banks in Washington on Sunday night only to be resurrected … Continue reading
Posted in Business, Danger, Economy, Ireland, Politics, Stocks
Tagged aib, anglo irish bank, bank of ireland, banking crisis, bankrupt, bankruptcy, Brian Cowen, Brian Lenihan, cash, credit, Credit Crunch, deposits, EBS, EU, Europe, Fianna Fail, Ireland, Irish banks, Irish goverment, money
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British airline and tour operator goes bust
XL Leisure Group, the third largest tour operator in the United Kingdom, grounded all flights this morning after going into administration last night. The collapse has left UK and Irish passengers stranded at more than