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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 […]
You may have heard the news that Ireland is the second best country in the world to live in, according to the human development index: Ireland is second only to Norway on a United Nations annual ranking of 189 countries measured according to average longevity, education and income. The measure puts Ireland ahead of countries […]
Couple of things here by way of simple explanation, before we get into it: Lots of people, very reasonably, don’t understand the difference between debt and deficits. Put simply, debt is what you owe – what’s left on your mortgage. Deficit is the gap between your income and expenditure – the amount that has to […]
I’m writing this on the evening of day six of our four week “lockdown” (as if we were in prison) in New Zealand. So far we have survived pretty well, something I put down to having jobs which have so far not been too disrupted by the shutting down of the entire country, and good […]
A new book from Ross Douthat argues that it is. A few days it was my birthday. I am 35 now and so am feeling proper-old. Not elderly, but like a proper grown-up. I suppose three children, a house, a mortgage, a job and an aching knee should be enough to remind me of my […]
Will there be a major recession? John Aidan Byrne, a Business and Finance columnist at the New York Post, thinks so.
The fear of Brexit is making us forget that our previous economic crisis was caused by our lack of control over interest rates and more. John McGuirk talks to Tim Jackson about Brexit. #gript #Brexit
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