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Dublin: 7 °C Saturday 23 August, 2014

Economy - Yesterday’s News

Don’t go beyond €500 million in budget cuts – that’s what Investec are telling the Government

Positive economic trends on nearly every front make for an easier budget.

From TheJournal.ie After another death, calls for farm safety to be taught to primary school kids New Module

After another death, calls for farm safety to be taught to primary school kids

More people have died on Irish farms this year than over the entire of 2013.

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Economy - Thursday 21 August, 2014

From TheJournal.ie Iarnród Éireann boss is set to return from Mauritius holiday ahead of strike action Industrial Action

Iarnród Éireann boss is set to return from Mauritius holiday ahead of strike action

Chief executive David Franks is set to jet home from his holiday in Mauritius

Industrial disputes have cost 8,324 working days so far this year

That’s more than double the number for the same period last year.

Economy - Wednesday 20 August, 2014

From TheJournal.ie Living in Australia or Canada? Good choice says The Economist, Dublin not so much Grass Is Greener

Living in Australia or Canada? Good choice says The Economist, Dublin not so much

Melbourne is the best city to live worldwide but Dublin is way down the list.

No more austerity needed to hit Budget target, says Goodbody – and we could even cut income tax

The latest quarterly report from Goodbody Stockbrokers has some positive points on the Irish economy.

Economy - Tuesday 19 August, 2014

PTSB reports 62% drop in half-year operating loss – and 362% increase in mortgage lending

Group chief executive says PTSB is making “huge progress on the arrears problem” and eight out of ten PTSB customers in arrears are engaging with the group.

Economy - Saturday 16 August, 2014

From TheJournal.ie Aaron McKenna: We should aim to do less, not more, trade with Russia Bullyboy Ban

Aaron McKenna: We should aim to do less, not more, trade with Russia

We shouldn’t be focused on Vladimir Putin’s bullyboy ban on many EU foods – we should be making ties with ambitious countries that share our values.

From TheJournal.ie Why do we pay more VAT on hairdressing than we do on greyhounds? Taxing Matters This post contains a poll

Why do we pay more VAT on hairdressing than we do on greyhounds?

In the run-up to Budget 2015, Dr Daragh McGreal looks at the various arguments around lowering the rate of VAT.

Economy - Friday 15 August, 2014

Two out of three ain’t bad: another ratings agency gives Ireland an A

The move should spark even more interest in our government debt.

Was it legal? High Court refers PTSB bail-out case to Europe

The High Court could not rule on whether the move was legal.

From TheJournal.ie This Fine Gael TD thinks the O’Flynn case raises ‘serious issues’ about how Nama does its business Change It Up

This Fine Gael TD thinks the O’Flynn case raises ‘serious issues’ about how Nama does its business

Michael Creed says we need “developers and we need developers in funds”.

Expect (some) good news at the fuel pumps later this year

The price of diesel and petrol is expected to fall – a little, at least.

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Economy - Thursday 14 August, 2014

From TheJournal.ie There’s still no solution for over 70% of problem mortgages No End In Sight

There’s still no solution for over 70% of problem mortgages

New figures from the Department of Finance also show that Buy to Let loans are still struggling.

From TheJournal.ie This morning, major European economies hit the slow lane. Here’s what it means. Sluggish

This morning, major European economies hit the slow lane. Here’s what it means.

Germany and France both posted negative results, with pressure now on Mario Draghi to act.

From TheJournal.ie Paschal Donohoe won’t get involved in the Irish Rail dispute as All-Ireland day strikes loom Not For Turning

Paschal Donohoe won’t get involved in the Irish Rail dispute as All-Ireland day strikes loom

The Transport Minister said he appreciates how difficult it is for workers to vote to cut their own pay.

From TheJournal.ie Irish people switch car insurance provider more than any other service Breaking Up

Irish people switch car insurance provider more than any other service

“Don’t you ever for a second get to thinking you’re irreplaceable.”

Economy - Wednesday 13 August, 2014

Job vacancies for professionals up 21% this July

That’s according to the Morgan McKinley Irish Employment Monitor.

From TheJournal.ie “Exceptional” performance makes Ireland “the fastest-growing economy in Europe” Life In The Fast Lane

“Exceptional” performance makes Ireland “the fastest-growing economy in Europe”

Davy is also calling for a budget adjustment of €500 million.

From TheJournal.ie We’re saving more – but say the government isn’t encouraging us Money Money Money

We’re saving more – but say the government isn’t encouraging us

The proportion of people saving regularly increased to 41% from 35% last month, says the Savings Index.

Revenue want homeowners to justify property tax valuation if house value has increased

The 2013 valuation will have to be justified if the value of the home has increased by over 15%.

Economy - Tuesday 12 August, 2014

From TheJournal.ie Newstalk is taking its case against RTÉ to Europe Radio Wars

Newstalk is taking its case against RTÉ to Europe

The station has accused the State broadcaster of “predatory pricing”.

From TheJournal.ie Did you fly from Dublin to London last year? You helped make it the second busiest international route in the world Crowded Skies

Here’s how many Irish people get the minimum wage…

… It is less than you would think.

From TheJournal.ie The IMF says we can pay back our loans early – but what does that mean? Debt Burden

The IMF says we can pay back our loans early – but what does that mean?

Early repayment could save hundreds of millions every year – but could also be a political minefield.

Economy - Monday 11 August, 2014

Economists are predicting that cheese mountains could become a reality

Not literally, of course. Russia sanctions means we could have an awful lot of leftover cheese, and meat too.

From TheJournal.ie NAMA dealing with 21 legal proceedings against it – both home and away NAMA

NAMA dealing with 21 legal proceedings against it – both home and away

The ghosts of developers stung are coming back to haunt the State’s bad bank.

Construction might be slow but a flood of new orders means it won’t be for long

Ulster Bank says that new orders are at their highest level for 10 years.

Economy - Sunday 10 August, 2014

“I don’t think we’re back to cheese mountains”: Coveney plays down Russian sanctions

The Agriculture Minister has said the effect on the Irish market this year might only be €8.2 million.

“Second class Euro membership”: Ireland could lose automatic right to ECB vote

Under the new system, for one month every year Ireland will not be able to vote.

From TheJournal.ie Poll: Should more action be taken to kick-start the property industry? Your Say This post contains a poll

Poll: Should more action be taken to kick-start the property industry?

A top developer is calling for a “fast-track plan” so that demand can be met.

Economy - Saturday 9 August, 2014

From TheJournal.ie Union welcomes Howlin’s plans to slowly reverse public sector pay cuts FEMPI

Union welcomes Howlin’s plans to slowly reverse public sector pay cuts

Impact said that the move is welcome, and agreed that it should be a gradual process.

From TheJournal.ie There are just 66 days until the next Budget so let’s talk about how much we should cut Counting The Days This post contains a poll

There are just 66 days until the next Budget so let’s talk about how much we should cut

€2 billion, €1 billion or should we aim for a neutral budget. Let’s start the debate…

From TheJournal.ie Why a difference in valuing buildings is causing many credit unions trouble Bang It In The Credit Union

Why a difference in valuing buildings is causing many credit unions trouble

Value in use. Three very important words.

Economy - Friday 8 August, 2014

From TheJournal.ie We’re still paying more for mortgages than the rest of the Europe Pay Up

We’re still paying more for mortgages than the rest of the Europe

The rate is coming down, but new lending for house purchase is still more expensive than the euro zone average.

Argentina wants to sue the US for forcing them into a default

Argentine officials argue the US court decisions violated its sovereignty.

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