Posts by sean
Government to discuss impact of EU-US trade deal
A meeting of the Government’s Trade Forum will discuss the impact on Ireland of the EU-US trade deal. Officials from the Department of Finance are due to give a preliminary analysis of what impact the 15% tariff will have on the Irish economy. It is also expected that a joint statement could be issued today…
Read MoreTrump hits dozens of countries’ goods with steep tariffs
US President Donald Trump has imposed steep tariffs on exports from dozens of trading partners including Canada, Brazil, India and Taiwan, pressing ahead with his plans to reorder the global economy ahead of today’s trade deal deadline. He set rates including a 35% duty on many goods from Canada, 50% for Brazil, 25% for India,…
Read MoreElectricity demand set to grow by two thirds by 2050
Electricity demand is set to grow by two thirds by 2050, a new report shows. This increased demand will be driven in the short term by the needs of data centres, according to the report by Pinergy and global insight business Wood Mackenzie. In the long term, it states that electricity demand growth will be…
Read MoreCall for pensions to be able to tap into private markets
Changing pensions rules to allow investments in private markets would benefit consumers and the country, according to the CEO of one of Ireland’s leading investment firms. With the pension auto-enrolment scheme set to come into place at the start of next year, the Irish pension sector is set for its most significant change in decades.…
Read MoreIreland ranked most competitive country in euro area
Ireland has been ranked as the most competitive country in the euro area but the country has slipped back in its global standing. The latest annual World Competitiveness Rankings from the International Institute for Management Development reviewed 69 economies. It has listed Ireland as the world’s seventh most competitive economy in 2025, down from fourth…
Read MoreWhy does it take so long to get big projects done in Ireland?
Last week, the Government unveiled its ambitious National Development Plan (NDP) Review 2025, committing nearly €100 billion toward transformative infrastructure by 2030. While this represents a watershed moment for Irish development policy, the nation’s track record on infrastructure delivery remains deeply problematic. Complex procurement processes, bureaucratic bottlenecks and protracted planning procedures routinely stall critical projects.…
Read MoreUS confirms 15% tariff for EU includes pharmaceuticals and semiconductors
The White House has confirmed that the 15% tariff agreed between the European Union and the United States includes pharmaceuticals and semiconductors. There had been some confusion over whether or not the products were covered by the trade deal after President Donald Trump said on Sunday that pharma was not included. European Commission President Ursula…
Read MoreHow the ‘sandwich generation’ are caught up in cost of living crisis
If society were a family, the sandwich generation would be the middle child: steady, responsible and too often overlooked. These are adults who simultaneously care for ageing parents and young children, all while managing household budgets, work commitments and rising living costs. As Ireland’s population grows older and childbirth happens later in life, more families…
Read MoreEU-US deal will stabilise transatlantic trade, says Gill
The tariff deal between the EU and the US will secure, stabilise and grow transatlantic trade and investment relations, the European Commission’s Spokesperson on Trade has said. Olof Gill said both sides are “working very hard” to get the details of the agreement signed. Speaking on RTÉ’s Morning Ireland, he said the 15% tariffs was…
Read MoreThe pros and cons of the local property tax
Analysis: With most house owners facing higher property tax bills, a look at the advantages and disadvantages of the tax introduced in 2013 By Gerard Turley, University of Galway The local property tax (LPT) is in the news again. Councillors in Dublin City Council (DCC) recently voted to raise the rate of tax next year,…
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