Saturday, June 11, 2011

UK investors in bonds battle

By Ben Carter Reporter, Money Box Bank of Ireland (BOI) could face a legal challenge from British investors who face losing 80% of their money. Irish banks are under pressure from the state to raise capital, and bond holders are expected to "burden ...


Read more at: http://www.bbc.co.uk/news/business-13731997

Friday, June 10, 2011

Brian Lenihan, Ireland's Finance Minister, Dies at 52

By JULIA WERDIGIER LONDON â€" Brian Lenihan, who as Ireland's finance minister led the nation's effort to fend off bankruptcy during the worldwide economic collapse, died on Friday at his home in Dublin. He was 52. The cause was pancreatic cancer, ...


Read more at: http://www.nytimes.com/2011/06/11/business/global/11lenihan.html

Inflation: Ireland's Greatest Untold Story

By Eamon Quinn In between bailouts, elections and soaring levels of unemployment, high rates of Irish price inflation is the great untold story of Ireland's economic misery. The fact that price pressures are building in an austerity-driven economy ...


Read more at: http://blogs.wsj.com/source/2011/06/10/inflation-irelands-greatest-untold-story/

Thursday, June 9, 2011

Ireland's household wealth lags behind western European peers

ECONOMICS: IS IRELAND a rich country? It's a more complicated question than it might sound at first hearing. To frame the following analysis, consider two people. The first is a whiz-kid student lured to a high-flying company with the promise of a ...


Read more at: http://www.irishtimes.com/newspaper/finance/2011/0610/1224298679368.html

Address to Northern Ireland Assembly

Prime Minister David Cameron has delivered a speech to the Northern Ireland Assembly during his visit on 9 June 2011. Thank you for your kind invitation to address the Assembly today and for the very generous welcome you have given me. ...


Read more at: http://www.number10.gov.uk/news/speeches-and-transcripts/2011/06/address-to-northern-ireland-assembly-64604

Wednesday, June 8, 2011

ECB's Rulebook Puts Ireland in Same Risk Category as Germany

“It is very, very strange that Ireland and Germany belong to the same risk group in the ECB's collateral framework,” said Carsten Brzeski, senior economist at ING Group in Brussels. “Why can such a small rating agency tip the scale? ...


Read more at: http://www.bloomberg.com/news/2011-06-08/ecb-s-rulebook-puts-ireland-in-same-risk-category-as-germany.html

Ireland's Magdalene laundries scandal must be laid to rest

The UN is right: Ireland must investigate Women in one of Ireland's Magdalene laundries in the 1940s. Photograph: Roz Sinclair/Testimony Films The nuns had been dabbling on the stock exchange. The results were unfortunate. ...


Read more at: http://www.guardian.co.uk/commentisfree/2011/jun/08/irealnd-magdalene-laundries-scandal-un