One crisis after another.
Worse hikes next week.
According to property website Daft.ie, Ireland is seeing an “unprecedented” lack of houses for sale online, with average prices increasingly sharply since last year. According to the Irish House Price Report for Q1 in 2022, nationally average house prices rose 8.4% nationally since last March, partially due to inflation. While Covid-19 initially reduced house prices, […]
With the digitalisation and globalisation of the world, we now have countless companies who have truly global power. Power which, we have just discovered, they are willing and able to deploy for explicitly political goals.
ISIS have celebrated Russia’s war in Ukraine, calling it “divine punishment” and expressing hope that the conflict will spread to other European countries. According to an editorial in ISIS magazine Al Naba (“The News”), the Russian invasion of Ukraine is “divine punishment” sent upon the European “infidels” by Allah. They say that the conflict “will […]
Russian President Vladimir Putin has said that the heavy Western sanctions leveled against his country are “akin to a declaration of war” amid his ongoing invasion of Ukraine. The sanctions imposed on Russia for its invasion of Ukraine have been severe, with certain Russian banks being kicked off the SWIFT financial system, and Western countries […]
Pandemic spending 4 times EU average
Ireland suffers from a cost of living crisis because fundamentally it suffers from a supply crisis:
Friendly fire.
The vice-president of the European Central Bank has said that the record levels of inflation that the Euro is currently experiencing are “not as temporary” as previously believed. Luis de Guindos, who was previously Spain’s economy Minister, has said that the inflation Europe’s currency is feeling may last longer than the ECB had expected. Eurozone […]
To be fair, they won’t have much choice in the matter. If Ireland keeps spending money like a drunken sailor, then sooner or later, Brussels will step in and tell them that they have to stop, for the sake of the wider eurozone. That might suit Irish politicians just fine, though, since they’ll be able […]
Amid the political ads with which we are bombarded during every election, one theme emphasised by progressive candidates concerns the evils of business. Corporate America is especially singled out for allegedly not paying enough taxes, underpaying employees, under-serving customers, and exploiting ordinary Americans. Yet the same political candidates are among the biggest recipients of financial […]