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Dublin: 7 °C Saturday 23 August, 2014

Economy - Friday 8 August, 2014

Is this the latest headache for Ireland’s insolvent classes?

A recently discovered flaw in insolvency law won’t be fixed until September.

Economy - Thursday 7 August, 2014

From TheJournal.ie Austerity is driving up (some) consumer prices Price Pressure

Austerity is driving up (some) consumer prices

New figures from the CSO show rents, education costs and utility bills climbing despite slow overall price growth.

From TheJournal.ie Good news: Unemployment rate predicted to fall to 9.8% in 2015 Jobs

Good news: Unemployment rate predicted to fall to 9.8% in 2015

The ESRI predict that unemployment will fall to 9.8% next year.

From TheJournal.ie House prices in the Irish market are still undervalued, says ESRI Gaffs

House prices in the Irish market are still undervalued, says ESRI

The research finds that there is no sign of a ‘bubble’ in the domestic market.

Economy - Wednesday 6 August, 2014

Dublin is facing a ‘significant housing shortage’ – ESRI

The think-tank says that the Dublin area will need 86% of the houses built over the next 10 years.

From TheJournal.ie The summer sun is helping the economy grow Like A Plant

The summer sun is helping the economy grow

Growth in the sector has now pushed past the two-year milestone.

Economy - Tuesday 5 August, 2014

From TheJournal.ie Tax revenue is €550 million ahead of target – which means we’ll (probably) get an easier budget Tax Take
From TheJournal.ie Homeowners are stepping up problem mortgage repayments – but it’s not enough to solve the arrears crisis Payback Time

Homeowners are stepping up problem mortgage repayments – but it’s not enough to solve the arrears crisis

Meanwhile, new mortgage approvals have hit a three year high, with over €400 million approved in the second quarter.

Dunnes Stores’ recovery continues with another month of increased footfall

There’s also (more) good news for Lidl and Aldi, and (more) bad news for Tesco.

Economy - Monday 4 August, 2014

From TheJournal.ie These 8 jobs will make you rich AND happy* Whistle While You Work

Economy - Sunday 3 August, 2014

Is Canada’s a-pork-alypse coming to Ireland?

Calm down, alright? We should be okay.

Economy - Saturday 2 August, 2014

Argentina just burned its bondholders – could we have done the same?

What makes our situation different from theirs?

IBRC involved in over A THOUSAND legal cases

The Irish Banking Resolution Corporation is trying to reduce legal fees, says Michael Noonan, despite all the legal spats.

Economy - Friday 1 August, 2014

Fancy selling alarms in Kildare? Homesecure is hiring 140 people

They’re looking for 100 now and 40 over the next three years.

From TheJournal.ie SIPTU using 1916 centenary to highlight housing shortages Was It For This

SIPTU using 1916 centenary to highlight housing shortages

Commemoration will “ring hollow” if Irish citizens still “languishing on housing lists”.

Good news for Cork Port as turnover increases by 6%

A total of 62 cruise ships, 122,500 passengers and Ireland’s yearly supply of bananas arrived in the port in 2013.

Nestlé wants 100% of their cocoa to come from sustainable sources

The company is working to ensure agricultural practices are sustainable and that safe and healthy working conditions are in place.

Economy - Thursday 31 July, 2014

The Central Bank sent €10 million to Berehaven Credit Union depositors last night

That’s 85% of members of the liquidated credit union.

Argentina burns bondholders for the second time in 13 years

The country’s Finance Minister hit out at what he called “vulture funds”.

Economy - Wednesday 30 July, 2014

Here’s how Richard Bruton plans to create 7,000 jobs a year in multinational companies

We will be “competing to win”, the Minister said.

Southwest region performing strongly as unemployment rate falls again

The unemployment rate now stands at 11.5%.

Nama is selling its first ever retail park portfolio worth a total of €110m

The properties are spread across the country in Dublin, Louth, Westmeath, Carlow, and Tipperary.

Young people might have to delay flying the nest due to rising rents

New research suggests that young people were able to leave the family home sooner than ever before after the financial crash.

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From TheJournal.ie There’s enough land zoned for housing to build 500,000 new homes Housing Crisis

There’s enough land zoned for housing to build 500,000 new homes

The Government says that “proper management of all State land is critical”.

Economy - Tuesday 29 July, 2014

Government deficit drops to 5.6% of GDP

That’s down from 7.9% this time last year.

From TheJournal.ie Customers in ‘a no-win situation’ with electricity levy PSO

Customers in ‘a no-win situation’ with electricity levy

The CER has announced an increase in the Public Service Obligation levy.

Economy - Monday 28 July, 2014

ESB: It doesn’t make financial sense to sell these two peat plants

The West Offaly Power Station and Lough Ree Power Station will be retained by the ESB.

Central Bank revises GDP forecast upwards

They also revised upwards last year’s figures.

Russia ordered to pay Yukos shareholders $50 billion for violating international law

It was unanimously held that Russian authorities forced Yukos into bankruptcy.

Up to 100 jobs to be created by Dublin-based IT company

Version 1 is to be backed by a government investment fund.

Economy - Sunday 27 July, 2014

Elbow and coffee conferences to bring €11m to Dublin

Fáilte Ireland said four major conferences have been secured over the next 12 months which will mean some serious revenue for the capital.

Economy - Saturday 26 July, 2014

From TheJournal.ie Angela Merkel’s ‘Dr No’ makes Ireland’s search for a bank debt deal much harder Nope Nope Nope

Angela Merkel’s ‘Dr No’ makes Ireland’s search for a bank debt deal much harder

Analysis: Dr Joachim Pfeiffer’s visit to Dublin this week was not a pleasant one for Enda Kenny.

Aaron McKenna: Massive state intervention in house building? Welcome back to 2007

In the normal course of things, Nama would be wound down and consigned to the history books…

Economy - Friday 25 July, 2014

IMF cuts 2014 global growth forecast

Russia was likely to see its economy brought to the brink of recession but the IMF has now slashed the country’s growth forecast.

From TheJournal.ie Merkel ally: I told Enda Kenny that Ireland has no chance of a bank debt deal Nope Nope Nope
From TheJournal.ie Shops could STILL be codding customers with mislabelled fish Something Fishy

Shops could STILL be codding customers with mislabelled fish

Preliminary results have shown that white fish is being mislabelled as different species.

Banks ‘fail’ to identify risk of awarding bonuses for higher sales

The Central Bank has asked all firms to review their guidelines by the start of next year.

Economy - Thursday 24 July, 2014

Danske Bank reports surge in net profit

Net profits for the first half of 2014 show a increase of 88% on the same period last year.

House prices in Dublin are up almost 25 per cent in the last 12 months

House prices in the capital are up 24.4 per cent, compared to a year ago,