Over a third of consumers are struggling to cope due to the impact of ...
Synopsis by RTE.ie Mar 24 23
Over a third of consumers are struggling to cope due to the impact of rising inflation, according to new survey. A majority also said that cost of living ...Read full article
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| Last Updated | Mar 24 23 |
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Ikea Ireland exec ‘only sees prices coming down’ after inflation hikes: Retail giant set to opens its first Irish distribution centre today, which it says will ...
businesspost.ie/news/ikea-ireland-exec-only-sees-prices-coming-down-after-inflation-hikes/
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Bag of Rice Still Selling for Up to N84,000 in Lagos: To verify if a bag of rice indeed sells for N60,000, FIJ took to two food markets in Lagos to ask the ...
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Migration top priority for Irish voters ahead of EU elections: European citizens are more concerned about poverty, jobs and defence, a Eurobarometer survey found
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Cash: Germans' assets at record value - Daily money is also popular: The Germans have more money in their pockets again. The reason for this is higher interest ...
t-online.de/finanzen/aktuelles/id_100388504/bargeld-vermoegen-der-deutschen-auf-rekordwert-auch-tagesgeld-beliebt.html
Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
- German private individuals hold a net wealth of 7716 billion euros.
- Stocks and investment funds saw significant gains in the last quarter.
- Cash and bank deposits remain the largest component of wealth.
- Household net wealth increases by 244 billion euros to 5560 billion euros.
Graham Linehan launches social media campaign to get his stalled Father Ted musical on stage
standard.co.uk/news/uk/free-father-ted-graham-linehan-twitter-musical-irish-tv-show-b1152350.html
McEntee: 'Behavioural change' needed as road death numbers rise: Up to 9am on Thursday, 63 people had died on Irish roads this year ...
irishexaminer.com/news/politics/arid-41377504.html
US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy
ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
Harris confirms Government plan to abandon ‘triple lock’ restriction on troops: ‘Absurd that Russia would effectively have veto’ on Irish peacekeeping ...
irishtimes.com/politics/2024/04/18/harris-confirms-government-plan-to-abandon-triple-lock-restriction-on-troops/
Irish team develop therapy for deadly sepsis crisis : Inthelia Therapeutics, founded by two top Irish scientists, is switching focus to block infection getting a ...
irishtimes.com/business/innovation/2024/04/18/irish-team-develop-therapy-for-deadly-sepsis-crisis/
UK inflation falls as crumpet and meat prices drop: New official figures show that inflation, the rate at which prices rise over time, fell again in March.
bbc.com/news/business-68833077
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
U.S. Mortgage Rates Jump Above 7% for the First Time This Year: Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent ...
nytimes.com/2024/04/18/business/mortgage-rates.html
Revolut Ireland chief: We can be a ‘knight in shining armour’ for the mortgage market
businesspost.ie/tech-news/revolut-ireland-chief-we-can-be-a-knight-in-shining-armour-for-the-mortgage-market/
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Few in new poll say Biden law has helped fight climate change: Very few Americans believe the Inflation Reduction Act (IRA), signed into law by President Biden ...
trib.al/XuRnSYN
US comedy giant Conan O’Brien declares Ireland ‘quite the ride... for a ginger’: Television: Irish-American presenter is very funny in the Irish episode of his ...
irishtimes.com/culture/tv-radio/2024/04/18/us-comedy-giant-conan-obrien-declares-ireland-quite-the-ride-for-a-ginger/
‘Two trade union members basically told me to get back on the plane, because no Englishman was going to tell t
independent.ie/business/two-trade-union-members-basically-told-me-to-get-back-on-the-plane-because-no-englishman-was-going-to-tell-them-what-to-do/a361110689.html
Paid articlePaid Paul Hosford: EU agenda to give Simon Harris many headaches: On Gaza, Ireland is attempting to convince other EU nations to join it and Spain in recognising a ...
irishexaminer.com/opinion/commentanalysis/arid-41377195.html
FAI to address missed manager deadline as search draws a blank: Director of football Marc Canham does not have anybody lined up imminently to fill the vacancy.
irishexaminer.com/sport/soccer/arid-41377297.html
If the Reserve Bank were a football coach, it would have been sacked eons ago: The bank’s job is to hold inflation between 2 and 3 per cent. Since mid-2014 ...
smh.com.au/politics/federal/if-the-reserve-bank-were-a-football-coach-it-would-have-been-sacked-eons-ago-20240418-p5fkv9.html
Former Waystone executives back Irish blockchain start-up: DataOp has invested over €20m in Irish fintech firms in recent months
businesspost.ie/tech/former-waystone-executives-back-irish-blockchain-start-up/
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Stock market today: Stocks slide for the 5th straight session: The S&P 500 hit its worst losing streak since last October as investors recalibrate amid forecasts ...
markets.businessinsider.com/news/stocks/stock-market-news-fifth-loss-fed-speakers-rate-cuts-delay-2024-4
Stardust fire inquest: 48 people who died in Dublin nightclub blaze were unlawfully killed, jury rules
independent.co.uk/news/world/europe/stardust-fire-nightclub-blaze-inquest-verdict-b2530909.html
Quick Glance: Stardust: Families Cheer as Verdict Delivered - BBC News
- The jury has returned a verdict of unlawful killing for 48 deaths in a nightclub fire. Families cheered as the verdict was delivered.
- The jury found that the fire started in the main bar area on February 14, 1981, and was caused by an electrical fault.
- Some families welcomed the ruling as justice served, while others called for a public apology from the Irish government.
- The Irish Prime Minister referred to the Stardust fire as one of the darkest moments in Irish history and stated that the government will consider the verdict in full.
The truth comes out: US is paying dearly for outperformance : The United States is floating on a giant pumped-up air mattress of excess federal spending and no ...
thehill.com/opinion/finance/4602451-the-truth-comes-out-us-is-paying-dearly-for-outperformance/
Foreman of jury for Donald Trump hush money trial is Irish: The foreman of the jury for Donald Trump’s hush money trial is an Irish emigrant.
independent.ie/world-news/north-america/foreman-of-jury-for-donald-trump-hush-money-trial-is-irish/a153954587.html
Quick Glance: Twelve Jurors Seated in Trump's Hush Money Trial
- A jury of 12 individuals was empaneled on Thursday in the landmark hush money trial of former President Donald Trump, bringing the proceedings closer to opening arguments and the commencement of weeks filled with compelling testimonies.
- The upcoming trial is anticipated to present unfavorable testimonies regarding Trump's personal life pre-presidency, including accusations of manipulating business records to suppress narratives in the final days of the 2016 election surrounding his intimate relationships.
- Central to the trial is a payment of $130,000 made by Cohen just before the 2016 election to adult film actress Stormy Daniels, aimed at preventing her allegations of a sexual encounter with Trump from being publicized in the campaign's final stretch.
- The selection of the jury holds paramount significance in any criminal proceeding, particularly so when the accused is a former president and the presumed Republican candidate. Potential jurors have undergone extensive scrutiny concerning their online presence, personal backgrounds, and political stances as legal representatives and the judge meticulously scrutinize for partialities that could compromise their impartiality.
Billionaire In-N-Out heiress Lynsi Snyder claims she went 'toe-to-toe' to keep prices down as Calif. fast food industry, prices slammed by minimum wage hike
nypost.com/2024/04/11/business/in-n-out-president-lynsi-snyder-went-toe-to-toe-to-keep-menu-prices-down/
Migration major issue for Irish in EU Parliament elections : Public health the number one issue for Irish voters, according to survey
irishexaminer.com/news/arid-41376550.html
Trump Media tells shareholders how to block their DJT stock being loaned to short sellers
cnbc.com/2024/04/18/trump-media-tells-djt-shareholders-how-to-block-short-sellers.html
Ikea announces further expansion with opening of first Irish distribution centre: New site will employ more than 200 people and cut delivery times down to three ...
irishexaminer.com/business/companies/arid-41375566.html
Majority of planners 'have no confidence in new planning bill' : Irish Planning Institute believes the Planning and Development Bill 'is not fit for ...
irishexaminer.com/news/arid-41377435.html
Pierce Brosnan to play Irish boxing trainer Brendan Ingle in new film : Actor will star in Giant, an upcoming biopic of British fighter Prince Naseem Hamed
irishtimes.com/culture/film/2024/04/17/pierce-brosnan-to-play-irish-boxing-trainer-brendan-ingle-in-new-film/
'You’re grieving for your former self and you wonder if you’ll ever get back to how you were'
irishexaminer.com/news/arid-41376253.html
Blue bloods: IRFU ‘national’ contract system will continue to load the dice in Leinster’s favour
irishtimes.com/sport/rugby/2024/04/17/blue-bloods-irfu-national-contract-system-will-continue-to-load-the-dice-in-leinsters-favour/
Pleasure Boys tee up two more Irish hotel shows after Devenish controversy: The controversial UK Pleasure Boys have released a video stating that “you don’t want ...
independent.ie/irish-news/pleasure-boys-tee-up-two-more-irish-hotel-shows-after-devenish-controversy/a156463972.html
Is it the right time to buy gold or wait as prices continue to soar: Is it the right time to buy gold as prices spiral?
timesofoman.com/article/144450-is-it-the-right-time-to-buy-gold-or-wait-as-prices-continue-to-soar
America’s interest rates are unlikely to fall this year: That will squeeze financial markets and the world economy
economist.com/leaders/2024/04/17/americas-interest-rates-are-unlikely-to-fall-this-year
Heineken Ireland is latest to hike price of pint from June: Heineken Ireland has announced that the price of its draught products will increase from June 4.
independent.ie/business/irish/heineken-ireland-is-latest-to-hike-price-of-pint-from-june/a1053458282.html
Why is the economy so strong? New hires are spending more and upgrading their lifestyles
usatoday.com/story/money/2024/04/18/strong-job-growth-bolsters-spending/73351285007/
Consumer spending shoots up on higher prices amid declining sales in retail sector
standardmedia.co.ke/enterprise/article/2001493354/consumer-spending-shoots-up-on-higher-prices
Jury return unlawful killing verdict in Stardust fire inquests: Victims' family members jumped to their feet and clapped at the verdict ...
metro.co.uk/2024/04/18/jury-return-unlawful-killing-verdict-stardust-fire-inquests-20674415/
Conan O’Brien ‘apologises in advance for butchering mother tongue’ in cameo on Irish-language soap Ros na Rún
independent.ie/style/celebrity/conan-obrien-apologises-in-advance-for-butchering-mother-tongue-in-cameo-on-irish-language-soap-ros-na-run/a2058943215.html
‘I tried to get out of the airport and couldn’t get out’ – Irish man on ‘absolutely horrendous’ security incid
independent.ie/irish-news/i-tried-to-get-out-of-the-airport-and-couldnt-get-out-irish-man-on-absolutely-horrendous-security-incident-at-birmingham-airport/a1270046741.html
Why a career in the Irish food and drink industry might be the perfect fit for you
independent.ie/storyplus/why-a-career-in-the-irish-food-and-drink-industry-might-be-the-perfect-fit-for-you/a920163614.html
Major delays following two separate collisions on Cork's N40: More than 60 people have died on Irish roads so far this year
irishexaminer.com/news/munster/arid-41376136.html
The story of the Irish in Britain comes ‘home home’: A new exhibition at the Irish Emigration Museum EPIC tells stories of many who left Ireland for Britain from ...
irishtimes.com/politics/2024/04/18/the-story-of-the-irish-in-britain-comes-home-home/
Jordie Barrett's move to Ireland and the ripple effect it can cause: Analysis -There is more to Jordie Barrett's Irish shift than just an overseas experience ...
rnz.co.nz/news/sport/514663/jordie-barrett-s-move-to-ireland-and-the-ripple-effect-it-can-cause
Heineken to hike price of pint in June: Heineken Ireland said that the 6 cent jump was due to ‘continued increases in underlying costs’
businesspost.ie/news/heineken-to-add-6c-to-price-of-pint-in-june/
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Tommy Tiernan Sets Premiere Date For Comedy Dynamics Stand-Up Special ‘Tomfoolery’
deadline.com/2024/04/tommy-tiernan-special-tomfoolery-sets-premiere-date-comedy-dynamics-1235887673/
‘No decisions’ on BT Ireland future amid reports of potential sell-off: It follows reports that BT is working on a potential plan to dispose of its Irish ...
businesspost.ie/news/no-decisions-on-bt-ireland-future-amid-reports-of-potential-sell-off/
Paid articlePaid Irish start-up Moby rolls out shared bike scheme at European Parliament : Start-up led by Thomas O’Connell won a competitive public tender to supply and maintain ...
businesspost.ie/news/irish-start-up-moby-rolls-out-shared-bike-scheme-at-european-parliament/
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Who is replacing Emma Barnett on BBC Radio 4 Woman’s Hour?: This is the Irish star who is replacing Emma Barnett on BBC Radio 4’s Woman’s Hour as the broadcaster ...
thewestmorlandgazette.co.uk/news/24261310.replacing-emma-barnett-bbc-radio-4-womans-hour/
Irish journalist attempts 'citizen's arrest' of EU's von der Leyen over complicity in Gaza crisis
yenisafak.com/en/world/irish-journalist-attempts-citizens-arrest-of-eus-von-der-leyen-over-complicity-in-gaza-crisis-3681547
Irish start-up Kota announces partnership with health insurer Vitality: Kota, formerly Yonder, was this week included in Business Insider’s list of the most ...
businesspost.ie/news/irish-startup-kota-announces-partnership-with-health-insurer-vitality/
Paid articlePaid Irish investor reaches $30m final close for new tech fund: Former Frontline Ventures partner Finn Murphy races past the original target for his new fund called ...
businesspost.ie/tech/irish-investor-reaches-30m-final-close-for-new-tech-fund/
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Freemasons donate to MS Society for St Patrick’s Day : The island’s Irish Freemasons and a Catholic church donated $1,100 to the Multiple Sclerosis Society of ...
royalgazette.com/general/news/article/20240418/freemasons-donate-to-ms-society-for-st-patricks-day/
John Maguire on Film: Paul Duane’s appealingly handmade Irish horror has musical depth
businesspost.ie/life-arts/john-maguire-on-film-paul-duanes-appealingly-handmade-irish-horror-has-musical-depth/
Paid articlePaid Profits at Connacht Gold owner Aurivo plummet 93% in 2023: Revenues at the agricultural co-op tumbled amid a ‘sharp deterioration’ in dairy prices and a ...
businesspost.ie/news/profits-at-connacht-gold-owner-aurivo-plummets-93-in-2023/
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All You Need Is Death review – Irish horror finds evil in taboo folk ballad recording
theguardian.com/film/2024/apr/17/all-you-need-is-death-review-irish-horror-finds-evil-in-taboo-folk-ballad-recording
‘Oddity’ Review: Jump Scares Leave Lasting Impression in Irish Horror: 'Oddity,' filmmaker Damian McCarthy’s follow-up to 2020’s ‘Caveat ...
variety.com/2024/film/reviews/oddity-review-1235972821/
Paid articlePaid Clampdown on short-term letting could have serious consequences for Irish tourism
irishexaminer.com/news/arid-41376214.html
Brexit goods checks may be weighing on Irish exports, figures suggest: Meanwhile, the value of goods exports from Ireland fell by almost €800m annually ...
irishexaminer.com/business/economy/arid-41375779.html
US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...
ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...
ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1
Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago
- The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals
- Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy
- Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product
- Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula
Jay Powell says US inflation ‘taking longer than expected’ to hit target: Comments from Federal Reserve chair come amid mounting doubts about pace of interest ...
ft.com/content/3d0ddbe1-4637-4262-ba40-934015606166
Business defaults soar as Australian house prices outpace the globe: Australian house prices are out-performing most of the world, even after inflation ...
smh.com.au/politics/federal/business-defaults-soar-as-australian-house-prices-outpace-the-globe-20240416-p5fk42.html
Ronan O’Gara’s role as pantomime villain added further fuel to Leinster fire: Routing of La Rochelle a huge vindication for Leinster coach Leo Cullen’s selection ...
irishtimes.com/sport/rugby/2024/04/16/ogaras-role-as-pantomime-villain-added-further-fuel-to-leinster-fire/
How California fast food restaurants raised menu prices in response to $20 minimum wage
nypost.com/2024/04/16/business/california-fast-food-restaurants-raised-prices-due-to-minimum-wage/
Conan O'Brien makes his Ros na Rún debut: Irish American television host Conan O'Brien will make his Irish TV drama debut on TG4's Ros na Rún on ...
rte.ie/entertainment/2024/0416/1443777-conan-obrien-makes-his-ros-na-run-debut/
International Monetary Fund: Germany in last place among industrialized nations (again)
spiegel.de/wirtschaft/unternehmen/konjunktur-deutschland-auf-dem-letzten-platz-der-industrienationen-schon-wieder-a-49d8a54b-1dbe-4406-a72b-604e1115b2b4
Xi Jinping says China’s exports are helping ease global inflation: Chinese president warns German Chancellor Olaf Scholz against ‘rise of protectionism’
ft.com/content/7cc89622-66a7-4b1c-9b2e-138f121a4731
Ringgit opens higher despite greenback strength: KUALA LUMPUR: The ringgit opened higher against the US dollar today although the greenback’s appeal as a ...
thestar.com.my/business/business-news/2024/04/17/ringgit-opens-higher-despite-greenback-strength
Road-crash survivor Róisín: It’s terrifying even to be a passenger now: More than 60 people have died on Irish roads so far this year and as EU Road Safety ...
irishexaminer.com/lifestyle/people/arid-41374777.html
Mary Robinson: Spend money on climate now or our future will be more grim: News from the Irish Examiner's team of reporters
irishexaminer.com/news/arid-41375431.html
FAI will not meet this week’s deadline to announce a new Ireland manager: Marc Canham briefs board meeting on Wednesday as John O’Shea remains open to interim or ...
irishtimes.com/sport/soccer/2024/04/16/fai-will-not-meet-next-weeks-deadline-to-announce-a-new-ireland-manager/
Is It Time To Buy Gold Stocks And ETFs As Gold Futures Hit A High? Here's What Charts Show
investors.com/research/gld-stock-a-buy-right-now-heres-what-charts-show-2/
Tell us your experience of using the new Re-turn bottle and can recycling machines
independent.ie/irish-news/tell-us-your-experience-of-using-the-new-re-turn-bottle-and-can-recycling-machines/a634477457.html
Why child care costs are soaring: Wages in the industry have risen fast in the last few years — but they're still pretty low.
axios.com/2024/04/16/child-care-costs
Concern for Bank of England as real earnings growth at highest rate since 2021: While the wage figures are good news for households on the face of it ...
news.sky.com/story/real-earnings-growth-at-its-highest-rate-in-nearly-two-and-a-half-years-13116319
Quick Glance: Rising Real Earnings Growth Raises Concerns at Bank of England
- An unexpectedly weaker decline in the pace of wage increases has led to real earnings growth reaching its highest level in nearly two and a half years when considering inflation, according to the latest official data.
- Recent official figures indicate that average regular pay without bonuses was at 6% in the three months to February compared to the previous year.
- The broader ONS statistics revealed an increase in the UK's unemployment rate from 3.9% to 4.2%, with caution due to ongoing efforts to enhance the reliability of employment data.
- The forthcoming inflation data expected on Wednesday is likely to demonstrate further progress towards the Bank's objectives and the potential for a decrease from the current 5.25% interest rate.
Restaurant closures since January may cost economy €288m: The Irish economy could lose up to €288m annually as a result of the closure of more than 200 ...
rte.ie/news/business/2024/0416/1443694-restaurant-closures-since-january-to-cost-economy-288m/
The shadow of war darkens on the global economy: Short-term performance has been surprisingly good but policymakers are walking on eggshells
ft.com/content/31158ec7-433b-4c0e-9f2e-8a13e8dd4750
10 Irish music festivals... who's playing, how much, and how to get there: From trad music to dance acts, techno, house, and pop — here's your guide to some ...
irishexaminer.com/lifestyle/artsandculture/arid-41374858.html
UK facing food shortages and price rises after extreme weather: Heavy rain likely to cause low yields in Britain and other parts of Europe ...
theguardian.com/environment/2024/apr/16/uk-facing-food-shortages-and-price-rises-after-extreme-weather
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