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A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

Germany’s economy shrank for second consecutive year in 2024, figures show
Germany’s economy shrank for second consecutive year in 2024, figures show
The German economy shrank for the second consecutive year in 2024, according to preliminary official figures. The stats come just weeks before an election largely focused on the economy.

Wed, 15 Jan, 2025

Partnerships are the backbone to strengthening business
Services sector sees 'robust' growth during December
In terms of the outlook for 2025, 47% of companies said they expect business activity to increase over the next 12 months — up from 40% in November

Mon, 06 Jan, 2025

Sorry we are closed sign board hanging on door of cafe stock
Total number of company insolvencies lower than expected last year 
PwC noted that trends seen in the nine months to the end of September last year were slightly reversed during the last three months of the year

Mon, 06 Jan, 2025

Donald Trump
Isolationist Trump emphasises need for indigenous funding for Irish companies
New data from the IVCA shows VC funding in Ireland for the nine months to the end of September fell by 18% to €945.3m from €1.1bn in 2023

Thu, 14 Nov, 2024

Limerick's Opera Square achieves key milestone
Limerick's Opera Square achieves key milestone
Limerick’s €80m One Opera Square marked a key milestone as the development topped out in recent days.

Tue, 29 Oct, 2024

Czech central bank cuts its key interest rate to 4.25%
Czech central bank cuts its key interest rate to 4.25%
The Czech Republic’s central bank cut its key interest rate on Wednesday for the seventh time in a row as inflation remains low and amid the economy’s slow recovery.

Wed, 25 Sep, 2024

Asian Development Bank raises growth forecast but warns over trade sanctions
Asian Development Bank raises growth forecast but warns over trade sanctions
Developing economies in Asia are forecast to grow at a 5. 0% annual pace this year, helped by a strong US economy and surging demand for computer chips that power artificial intelligence, the Asian Development Bank (ADB) said in a report on Wednesday.

Wed, 25 Sep, 2024

China cuts rates amid moves to help slowing economy
China cuts rates amid moves to help slowing economy
China rolled out a raft of measures on Tuesday aimed at countering a prolonged downturn in its property market that is weighing on the world’s second largest economy.

Tue, 24 Sep, 2024

Slowdown in industrial activity leads to weakening of Chinese economy
Slowdown in industrial activity leads to weakening of Chinese economy
China’s economy softened in August, extending a slowdown in industrial activity and property prices as Beijing faces pressure to ramp up spending to stimulate demand.

Sat, 14 Sep, 2024

Amazon job losses
European stocks’ quest to outshine US markets is fading amid slowdown
Where Europe stood to gain from a shift away from big tech stocks, investors are instead turning to undervalued sectors of the US market

Sun, 01 Sep, 2024

Germany Is Running Out of Workers, Putting Growth in Jeopardy
German business sentiment falls again delaying recovery hopes
In a survey of 9,000 company managers, most said they were more pessimistic and assessed their current situation as worse 

Mon, 26 Aug, 2024

CircleK 20 cent off fuel per litre
Circle K owner seeking takeover of 7-Eleven parent company
Canadian-based retail giants have submitted a “friendly, non-binding proposal” to buyout the 7-Eleven chain of stores from its Japanese owners Seven & i.

Tue, 20 Aug, 2024

Moody's upgrades Ireland's economic outlook from 'stable' to 'positive'
Moody's upgrades Ireland's economic outlook from 'stable' to 'positive'
The upgrade means Ireland remains in the fourth-highest level on Moody’s scale

Fri, 16 Aug, 2024

Life Sentences Bill 2024
October budget to feature cost-of-living package, says Taoiseach
Speaking at Government Buildings, Mr Harris said the Government is looking at measures to help people 'in the here and now'

Wed, 07 Aug, 2024

Czech central bank cuts its key interest rate as inflation falls
Czech central bank cuts its key interest rate as inflation falls
The Czech Republic’s central bank has cut its key interest rate for the sixth time in a row as inflation falls and the economy recovers more slowly than expected.

Thu, 01 Aug, 2024

Bank of Japan raises key interest rate to halt yen’s slide against the dollar
Bank of Japan raises key interest rate to halt yen’s slide against the dollar
The Bank of Japan raised its key interest rate to about 0. 25% from a range of zero to about 0. 1%, in a bid to curb the yen’s slide against the US dollar.

Wed, 31 Jul, 2024

Man hand filling US tax form. tax form us business income office Financial document. Tax time.Tax concept. Close-up.
Eurozone business activity grinds to a halt amid surprise slump in Germany
S&P Global’s composite PMI fell to 50.1 in July, attributed to the lack of growth of business activity in Germany and France

Wed, 24 Jul, 2024

Internet website stock
China’s central bank cuts interest rates in a move to bolster the economy
China’s central bank has cut both its five-year loan prime rate and its one-year rate, moving to revive its ailing property sector and rev up the slowing economy. The five-year rate, which is a benchmark for mortgages, was cut by 10 basis points to 3.

Mon, 22 Jul, 2024

Taoiseach hopes for further ‘progress’ on tax rate bands in upcoming budget
Taoiseach hopes for further ‘progress’ on tax rate bands in upcoming budget
The Fine Gael leader suggested more cuts to USC rates and moves on inheritance tax would also be under consideration

Sun, 21 Jul, 2024

EU finance ministers commit to spending cuts 
EU finance ministers commit to spending cuts 
This comes as the EU is bringing in new fiscal rules that will oblige states to cut spending or raise taxes in their draft budgetary plans in order to balance public accounts

Mon, 15 Jul, 2024

We have a deal!
Majority of medium sized Irish firms retain positive economic outlook 
The report found that a minority of Irish businesses, 17%, believe that geopolitical disruption is going to be a constraint on their ability to grow

Mon, 15 Jul, 2024

British Prime Minister Keir Starmer delivers a speech, in London
John Whelan: Labour win brings hope for Irish exporters of better EU-UK ties
The aim is for the UK to post the fastest sustained economic growth of the seven largest nations. If achieved, it will be an enormous boost to Irish exports

Sun, 14 Jul, 2024

Ireland is over-reliant on US multinationals and should diversify — Ireland Canada Business Association
Ireland is over-reliant on US multinationals and should diversify — Ireland Canada Business Association
'By continuing to build the economic and business relationship between Ireland and Canada, we can reduce this concentration risk and grow our trading relationship', said its chairwoman

Mon, 01 Jul, 2024

Taoiseach appoints new Ministers
Jim Power: Prudent policy to come face to face with political reality
In Budget 2024, the Government announced a package in excess of €14.2bn and were still able to deliver a surplus. An even larger package could be on the cards for October

Mon, 24 Jun, 2024

Russian Ruble Tumbles as President Putin Orders Forces to Breakaway Ukraine Areas
John Whelan: Sanctions against Russia are not working
The Russian economy has grown at the same rate as the US so far this year and a wide range of European companies have been dodging current embargoes

Sun, 09 Jun, 2024

House prices
Central Bank move may have pushed house prices higher, ESRI suggests
The average loan to income ratio in the Irish mortgage market is back to multiples previously seen at the peak of the Celtic tiger

Fri, 31 May, 2024

Ensuring the financial sustainability of their client
Madeleine Murray: New EU sustainability standards requires firms to upskill
People can’t be transparent about something they don’t understand. Literacy on ESG metrics and the value of the disclosure process can only happen with a massive upskilling programme

Sun, 19 May, 2024

Farmers group does not accept idea of ‘managed decline’ in herds
Farmers group does not accept idea of ‘managed decline’ in herds
The  Irish Creamery Milk Suppliers Association has claimed that changes to regulations have already led to farmers cutting back on stock numbers

Fri, 17 May, 2024

Stocks Rally, Yields Sink on Powell's Reassurance
John Fahey: US Fed is guiding higher rates 'for as long as is appropriate'
While the US economy has continued to perform well over recent months, there have been signs of a loss of momentum in activity levels

Tue, 07 May, 2024

Jerome Powell
Fed holds rates steady, flagging 'lack of progress' on inflation
Fed chairman Jerome Powell said 'inflation is still too high' adding that 'further progress in bringing it down is not assured'

Wed, 01 May, 2024

P&O Ferries announcement
Britain rolls out Brexit checks on food imports from EU at Channel and North Sea ports
Additional costs are likely to be passed onto consumers in both Ireland and Britain

Tue, 30 Apr, 2024

End Q1 2024 Exchequer Returns
Looming election may tempt Michael McGrath and Paschal Donohoe to spend
Ministers prudent budget approach set to face political reality, writes Ronan Smyth

Sat, 27 Apr, 2024

France's debt pile under scrutiny amid reviews by rating firms  
France's debt pile under scrutiny amid reviews by rating firms  
Credit score could be downgraded as bond markets and widening fiscal gap are in the spotlight

Wed, 24 Apr, 2024

National Asset Management Agency
Finance Minister warned against election tax cuts as budget surplus heads to €8.6bn
Economists advise Michael McGrath not to inject more money into the economy by way of unnecessary tax cuts

Tue, 23 Apr, 2024

Jerome Powell
Federal Reserve chairman: Elevated inflation likely to delay rate cuts this year
US Federal Reserve chairman Jerome Powell has cautioned that persistently elevated inflation is likely to delay any Fed interest rate cuts until later this year, opening the door to a period of higher-for-longer rates.

Tue, 16 Apr, 2024

China’s economy beats expectations to grow 5.3% in first quarter
China’s economy beats expectations to grow 5.3% in first quarter
China’s economy grew faster than expected in the first quarter of the year with help from policies and stronger demand, though signs of weakness in the troubled housing market persisted. The world’s second-largest economy expanded at a 5.

Tue, 16 Apr, 2024

Eoghan O'Mara Walsh: A national policy on tourism is overdue
Eoghan O'Mara Walsh: A national policy on tourism is overdue
Escalating costs of business allied to significant capacity concerns mean that the year ahead is likely to be a challenging one for Irish tourism

Sun, 07 Apr, 2024

Gold Bullions in Thailand as Gold Set for Weekly Gain as US Inflation Cooler Than Forecast
Gold prices surge again on prospects for US rate cuts 
Gold prices have raced to a record high yet again, after US Federal Reserve chair Jerome Powell reiterated that recent readings on job gains and higher-than-expected inflation do not materially change the overall picture of economic policy this year.

Wed, 03 Apr, 2024

Inflation in Europe falls more than expected to 2.4%
Inflation in Europe falls more than expected to 2.4%
The inflation that has squeezed European shoppers fell more than expected in March to 2. 4%, as cost spikes in the grocery aisle eased and overall price rises headed down in the two biggest economies, Germany and France.

Wed, 03 Apr, 2024

Crowd on Grafton Street in Dublin during day of autumn
Growth in Dublin slows as construction activity contracts 
Economic monitor shows slowdown was driven by 'activity levels in the construction sector swinging sharply' from robust expansion between July and September, to contraction in between October and December

Wed, 27 Mar, 2024

New State Street offices in Kilkenny
McGrath welcomes ‘industrial peace’ after public pay agreement
The deal followed a lengthy and challenging negotiation between ICTU’s public services committee (PSC) officers and Government representatives

Mon, 25 Mar, 2024

Turkish central bank raises key interest rate to 50% as inflation soars
Turkish central bank raises key interest rate to 50% as inflation soars
Turkey’s central bank has raised its key interest rate by five percentage points, resuming a policy of rate hikes aimed at combating soaring inflation that is causing households severe economic pain.

Thu, 21 Mar, 2024

New Zealand slips into its second recession in 18 months as economy contracts
New Zealand slips into its second recession in 18 months as economy contracts
New Zealand has entered its second recession in 18 months after the latest round of GDP figures confirmed its economy contracted in the last quarter of 2023. The country’s economy shrank by 0. 1% in the quarter to December, and 0.

Thu, 21 Mar, 2024

Irish tech jobs shake-out may total 5,700 in past year
Irish tech jobs shake-out may total 5,700 in past year
A sharp fall in information and technology employment in the past year may suggest that the tech jobs shake-out was more substantial than once thought.

Tue, 19 Mar, 2024

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Mick Clifford
Mick Clifford

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