Category Archives: Politics

Obama’s Nuclear Plans suffer setbacks

US Preseident, Barack Obama’s hopes of reshaping US foreign policy stand on the brink of failure tonight, after two of his most cherished initiatives, nuclear disarmament and better relations with Moscow, suffered major setbacks. According to a leaked NATO document … Continue reading

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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

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Irish Company changes Scottish soccer sponsorship strategy

Tennents Lager, owned by Irish Company C&C Group PLC, has announced that it is to end its 36 year relationship with the Scottish Football Association (SFA) the governing body for Soccer in Scotland. Instead the Irish company has announced that … Continue reading

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China tells Obama not to meet Dalai Lama

China this morning warned USA President, Barack Obama, that his plan to meet the Dalai Lama would further erode relations between the USA & China. The White House confirmed yesterday that President Obama would meet the exiled Tibetan leader. The … Continue reading

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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

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Eunice Kennedy Shriver dies

Sister of  Democrat Senators, Attorney General and President of the USA and Mother in law of a Republican Governor, Eunice Kennedy Shriver has passed  in a Cape Cod hospital at the age of 88. Shriver will be best known in … Continue reading

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Bill Clinton negotiates freedom for Journalists in North Korea

Former US President, Bill Clinton, has left North Korea with 2 journalists from the USA, having negotiated their release from their 4 month custody in the communist state. While teh White House is denying that any “rewards” were offered to … Continue reading

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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

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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

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Celebrities flock to DC for Obama inauguration

Up to 2 million people are expected to descend on Washington DC on Tuesday to witness the transition to a new America under Barack Obama. Among them will be actors, musicians, talkshow hosts, chefs and other celebrities who would not normally be … Continue reading

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GM deny merger talks with Chrysler

General Motors today dismissed a report that it had recommenced merger talks with Detroit rival Chrysler Today’s Wall Street Journal, citing sources “close to” the discussions, said that talks about a combination have been restarted after Cerberus Capital Management LP, the … Continue reading

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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

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Oil below $50 for first time in more than 3 years

Oil prices sank under $50 a barrel in London this afternoon, reaching the lowest levels for three and a half years, as the market reacted to weak energy demand. Brent North Sea crude for delivery in January tumbled to

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McGraw-Hill, Standard & Poor’s and Moody’s to be investigated

In yet another twist in the financial crisis, A U.S. Senate subcommittee is focusing on whether bond-ratings firms, driven by conflicts of interest, boosted mortgage investments which have since collapsed according to an article in this morning’s Wall Street Journal. The … Continue reading

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US Inflation down as Consumer prices fall 1% in 1 month

As the US recession bites hard, consumer prices dropped at the fastest rate on record in October and new home construction was at a record low. While the price drop is welcome for consumers in the immediate term, a period of … Continue reading

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