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Dublin: 14 °C Thursday 31 July, 2014

Economy - Thursday 17 July, 2014

From TheJournal.ie Nama’s transformation from the world’s biggest landowner to Ireland’s biggest landlord Explainer

Nama’s transformation from the world’s biggest landowner to Ireland’s biggest landlord

Nama has taken on a host of new objectives – it looks like a sensible move now, but will it work out?

Economy - Wednesday 16 July, 2014

From TheJournal.ie Warning over interest-only mortgage time bomb Peaked Interest

Warning over interest-only mortgage time bomb

Almost half of interest-only mortgages will switch to higher payments over the coming months, prompting concerns about mass arrears

From TheJournal.ie Pathway to ‘Dublin’s Canary Wharf’: Nama’s €3 billion property play New Departure

Pathway to ‘Dublin’s Canary Wharf’: Nama’s €3 billion property play

Developers who had lands transferred to the State’s bad bank could end up developing sites in the Docklands.

Economy - Tuesday 15 July, 2014

From TheJournal.ie ‘Pathetic’ Insolvency Service ‘not fit for purpose’ – IMHO Debt Deals

‘Pathetic’ Insolvency Service ‘not fit for purpose’ – IMHO

The ISI has defended the low level of debt deals, but is under attack over the pace of its work.

Economy - Monday 14 July, 2014

From TheJournal.ie Are you saving for your kids’ college education? Scrimp And Save

Are you saving for your kids’ college education?

New research says that just 55% of parents are.

From TheJournal.ie Dublin could soon have a direct flight to…Addis Ababa Fifth Freedom

Dublin could soon have a direct flight to…Addis Ababa

The deal, if it goes ahead, could be the first of many instances of non-EU airlines using Ireland as a stopover hub en route to the US.

Trading up: Ireland exported €1bn more in a month compared to last year

Pharmaceuticals remain the backbone of the country’s exports.

From TheJournal.ie Insolvency service seals threefold increase in debt arrangements Debt Problems

Insolvency service seals threefold increase in debt arrangements

Although coming off a low base, the insolvency service is happy to see growth.

From TheJournal.ie The next Government will have to hike water charges – ESRI Drip Drip Drip

The next Government will have to hike water charges – ESRI

The light at the end of the tunnel is still “some way off”, Professor John Fitzgerald said this morning.

Construction activity remains “robust” in tenth month of growth

The rate has slowed slightly in the past couple of months but remains strong according to an index by Ulster Bank.

From TheJournal.ie More and more people are dropping out of college (especially men) College Dropout

More and more people are dropping out of college (especially men)

7,000 students from the 2010/11 academic year didn’t make it to second year.

Skills shortage could force thousands of software jobs overseas

A report published today found up to half of software jobs in Ireland are filled by inward migration.

Economy - Saturday 12 July, 2014

From TheJournal.ie This Manhattan ‘Sky Loft’ is on the market for $48 million. Want to see inside? Property Porn
From TheJournal.ie So, how are we getting on with Cuba these days? Diplomatic Relations

So, how are we getting on with Cuba these days?

Pretty well, it turns out…

From TheJournal.ie Whose recovery is it anyway? Many left behind as the economy accelerates Stalled Recovery

Whose recovery is it anyway? Many left behind as the economy accelerates

Saddled with debt and facing little prospect of wage growth, many Irish people aren’t feeling the benefit of the economic turnaround.

Economy - Friday 11 July, 2014

From TheJournal.ie The Briefcase: Tax havens, a €100 million deal for Quinn’s companies, and a Wetherspoons fry-up Inbox Me
From TheJournal.ie Economy set to grow 3.3% this year (and we won’t be getting that harsh budget after all) Back In The Black

Economy set to grow 3.3% this year (and we won’t be getting that harsh budget after all)

Merrion Stockbrokers is bullish on the economy, and says that an adjustment of only €1 billion is needed in Budget 2015.

Inflation up slightly in June

Biggest increases recorded in cost of education, restaurants and insurance.

Economy - Thursday 10 July, 2014

An Oireachtas committee wants your ideas on how to grow the economy of Europe

Your suggestions are a high-demand commodity.

From TheJournal.ie Long-term arrears would take 33 years to clear at current rate BACKLOG

Long-term arrears would take 33 years to clear at current rate

Progress in solving mortgage arrears is slow, with industry experts criticising the solutions deployed.

From TheJournal.ie Cashing in: the NTMA has raised another €500 million from the markets In THe Money

Cashing in: the NTMA has raised another €500 million from the markets

Ireland has now raised €7 billion of its €8 billion target for the year, locking in low rates while they’re on offer.

Au Pairs welcome decision on Domestic Workers Convention

Minister Bruton has announced the government’s plans to ratify the Convention to protect the rights of domestic workers.

EU Commission seeks return of €57m in farm support payments CAP

EU Commission seeks return of €57m in farm support payments

European Court of Auditors says Commission did not properly supervise Member States in the calculation of CAP entitlements.

Economy - Wednesday 9 July, 2014

From TheJournal.ie Explainer: Could Garth Brooks REALLY have brought €50 million into the Dublin economy? The Change

Explainer: Could Garth Brooks REALLY have brought €50 million into the Dublin economy?

Probably not, but it wouldn’t have been far away.

From TheJournal.ie The €100 billion deals: that’s how much was spent Irish mergers so far this year Record Breaker

The €100 billion deals: that’s how much was spent Irish mergers so far this year

Irish deals accounted for nearly one fifth of the European total – but are tax concerns driving the activity?

From TheJournal.ie Professional job vacancies are up by 6% so far this year Foot In The Door

Professional job vacancies are up by 6% so far this year

Many jobseekers at the top end of the market in certain sectors could be looking at several offers.

From TheJournal.ie Colm McCarthy among 9 experts who will help banking inquiry figure out what to investigate The Experts

Colm McCarthy among 9 experts who will help banking inquiry figure out what to investigate

The banking inquiry met again in private session this morning.

From TheJournal.ie Hotel sales are up by €84 million this year Sales Booked

Hotel sales are up by €84 million this year

And it’s supposed to grow even more as the year progresses…

From TheJournal.ie We could be repaying our mortgages into retirement – the verdict on the arrears crisis Kick In The Arrears

We could be repaying our mortgages into retirement – the verdict on the arrears crisis

The Finance Committee’s report on mortgage arrears is in – here’s what they say.

Economy - Tuesday 8 July, 2014

Moy Park expansion to create over 500 jobs at three Northern Ireland sites

This is on top of 100 jobs already created by the €210 million investment.

From TheJournal.ie Finance Committee tells Central Bank: legal letters to crisis mortgages aren’t ‘sustainable’ Not Good Enough

Finance Committee tells Central Bank: legal letters to crisis mortgages aren’t ‘sustainable’

A draft copy of the committee’s report on mortgage arrears seen by TheJournal.ie contains strong words for the Central Bank.

From TheJournal.ie Over-35s to face penalty on first-time health insurance policies Insurance

Over-35s to face penalty on first-time health insurance policies

The move is designed to bring younger customers into the market.

From TheJournal.ie Council workers in South Dublin say today’s LRC talks are the ‘last chance’ before a strike Talks

Council workers in South Dublin say today’s LRC talks are the ‘last chance’ before a strike

IMPACT says a work stoppage will be held on Thursday if no agreement is made.

From TheJournal.ie Bidding opens on the first ever online-only property auction today All Online These Days

Bidding opens on the first ever online-only property auction today

Now you can buy a house on your PC, tablet or smartphone!

Economy - Monday 7 July, 2014

We bought five times more electric cars this year…

…but don’t get too excited – that’s still only 124 out of 62,280.

From TheJournal.ie Michael Noonan says that Ibec’s budget sums “are at best a guesstimate” Budget 2015

Michael Noonan says that Ibec’s budget sums “are at best a guesstimate”

The employers’ group says that now is the time to give consumers a break from austerity.

From TheJournal.ie Bruton wants to stay in jobs portfolio The Jobs Job

Bruton wants to stay in jobs portfolio

The Minister says he still has a job to do in his current post.

From TheJournal.ie ‘Put your country first, let Garth Brooks play’ Workin On A Full House

‘Put your country first, let Garth Brooks play’

The gigs are worth €50 million to the Dublin economy, it has been claimed.

From TheJournal.ie Two speed recovery underway with consumers unconvinced by economic ‘upturn’ Life In The Slow Lane

Two speed recovery underway with consumers unconvinced by economic ‘upturn’

Irish consumers are still overwhelmingly negative about their personal finances, with many unconvinced of the impact of the economic recovery.