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From Great Moderation to Great Stagflation | by Nouriel Roubini - Project Syndicate
project-syndicate.org/commentary/great-stagflation-has-replaced-great-moderation-by-nouriel-roubini-2022-08
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From Great Moderation to Great Stagflation | by Nouriel Roubini - Project Syndicate
project-syndicate.org/commentary/great-stagflation-has-replaced-great-moderation-by-nouriel-roubini-2022-08
Top Jobs: Beaumont Hospital, Bauer Media, Trinity College: In a new weekly update for Business Post subscribers every Friday our business editor Lorcan Allen ...
businesspost.ie/news/top-jobs-beaumont-hospital-bauer-media-trinity-college/
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Waiver on development and water levies for homebuilders extended: The exemptions were first introduced last year in a bid to stem the impact of construction ...
businesspost.ie/news/waiver-on-development-and-water-levies-for-developers-extended-by-government/
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Travel: Where you can still find cheap flights: Anyone planning a trip this year had better book their flights quickly. Because the tax increases from May ...
zeit.de/geld/2024-04/reisen-guenstig-preiserhoehung-fluege-steuer
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Bankinter to Enter Irish Banking Market in Boost for Competition: Spanish lender Bankinter SA is planning to enter Ireland’s banking market ...
bloomberg.com/news/articles/2024-04-26/bankinter-to-enter-irish-banking-market-in-boost-for-competition
UN calls for investigation into mass graves uncovered at two Gaza hospitals: The United Nations is calling for “a clear, transparent and credible investigation” ...
apnews.com/article/un-israel-palestinians-hospital-graves-investigation-dbaf873d023a7ba66dda05fb49074434
Quick Glance: UN Calls for Investigation into Mass Graves at Two Gaza Hospitals
- The United Nations called for a thorough and transparent investigation into the mass graves at two major hospitals in Gaza that were searched by Israeli troops.
- It was emphasized that investigators must have access to the sites, and a greater number of journalists should be able to work safely in Gaza to report on the facts.
- Some of the bodies belonged to individuals killed during the hospital siege, while others were victims when Israeli forces raided the hospital.
- The discovery of the graves highlights the urgency of a ceasefire, the end of the conflict, improved access for humanitarian aid, the protection of hospitals, and the release of Israeli hostages.
Controversial deportation regulation: Sunak's Rwanda policy apparently drives migrants to Ireland
spiegel.de/ausland/grossbritannien-rishi-sunaks-umstrittene-abschiebepolitik-treibt-migranten-vermehrt-nach-irland-a-41f01230-700f-4be7-9cc0-7a903e03b67e
Ireland’s highest paid banker earned over €24 million in 2022: The figures show the man is among the highest earning bankers across all of Europe
businesspost.ie/news/irelands-highest-paid-banker-earned-over-e24-million-in-2022/
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Too early to judge impact of Rwanda plan on Ireland - No 10: The Irish government says the UK's plan is already causing an influx of migrants to the Republic.
bbc.com/news/uk-politics-68907081
US economy grew less than expected in first quarter at 1.6% rate: Higher than expected price pressures cast doubt on potential for Fed rate cuts
ft.com/content/f9e3ebdd-0977-4b12-84cd-25c7380f91cb
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Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
‘She will live on in the hearts and minds of her many family and friends’: Cyclist killed in Dún Laoghaire crash named
irishtimes.com/ireland/2024/04/25/she-will-live-on-in-the-hearts-and-minds-of-her-many-family-and-friends-cyclist-killed-in-dun-laoghaire-crash-is-named/
Lawyer says Iran rapper famous for songs after 2022 killing of Mahsa Amini sentenced to death
apnews.com/article/iran-protests-mahsa-amini-rapper-toomaj-salehi-340ca7634df6c79b48e6514412994b29
Quick Glance: Iranian Rapper Toomaj Salehi Receives Death Sentence for Criticizing Authorities
- Toomaj Salehi's songs criticized government corruption and repression.
- An Iranian court imposed a death sentence on rapper Toomaj Salehi for his critical songs.
- Salehi, subjected to multiple arrests, condemned the regime in his music.
- Despite being detained, Salehi persisted in releasing music videos opposing the Iranian authorities.
Death of Aoife Johnston (16) at UHL ruled medical misadventure by coroner : A verdict of death by medical misadventure was returned for Clare teen Aoife Johnston ...
independent.ie/irish-news/death-of-aoife-johnston-16-at-uhl-ruled-medical-misadventure-by-coroner/a712845050.html
'It shouldn't happen to another child' - Johnston parents: The parents of 16-year-old Aoife Johnston, who died from meningitis following a lengthy ...
rte.ie/news/2024/0425/1445715-aoife-johnston-parents/
The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
Ireland says UK's Rwanda policy drives migrants over its border: The threat of deportation to Rwanda is causing migrants to head for Ireland instead of staying ...
reuters.com/world/ireland-says-uks-rwanda-policy-drives-migrants-over-its-border-2024-04-26/
US economic growth slows but inflation grows: The world's largest economy grew less than expected but rising inflation may delay a rate cut.
bbc.com/news/business-68898432
Friar stabbed in head while giving out breakfast in Dublin homeless centre: A Capuchin friar has been rushed to hospital after he was stabbed in the head while ...
sundayworld.com/crime/irish-crime/friar-stabbed-in-head-while-giving-out-breakfast-in-dublin-homeless-centre/a605374977.html
Could Australia ban X (formerly Twitter) or is it untouchable? The worst-case scenario for Elon Musk
abc.net.au/news/2024-04-25/elon-musk-x-versus-australia-on-sydney-church-stabbing-video/103761694
‘We will miss her desperately, she was bright and brilliant’ – Tributes paid as cyclist killed in Dublin crash
independent.ie/regionals/louth/dundalk-news/we-will-miss-her-desperately-she-was-bright-and-brilliant-tributes-paid-as-cyclist-killed-in-dublin-crash-named/a1410761323.html
About 1 in 4 U.S. adults over 50 say they expect to never retire, an AARP study finds
pbs.org/newshour/economy/about-1-in-4-us-adults-over-50-say-they-expect-to-never-retire-an-aarp-study-finds
RBA to ‘increase interest rates three times’: A top forecaster issued a dire interest rate warning, predicting that the Reserve Bank will be forced to hike three ...
news.com.au/finance/economy/interest-rates/leading-forecaster-warren-hogan-predicts-rba-will-hike-cash-rate-to-51-per-cent-this-year/news-story/f6f2f084778953ccaa0538383f67449f
Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
Quick Glance: Rising Key Fed Inflation Measure in March
- In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.
- The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.
- Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.
- Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
Electric Picnic 2024 lineup revealed: Kylie Minogue, Noah Kahan and Calvin Harris to headline festival
irishtimes.com/culture/music/2024/04/26/electric-picnic-lineup-2024-revealed-noah-kahan-calvin-harris-and-kylie-minogue-are-headline-acts/
Russia, US clash at UN Security Council meeting over nuclear weapons in space: Russia on Wednesday vetoed a US-drafted United Nations Security Council resolution ...
english.alarabiya.net/News/world/2024/04/24/us-russia-set-for-a-showdown-at-un-over-nuclear-weapons-in-space
Watch: Dáil suspended after Cork TD attempts to raise George Nkencho case: The Solidarity TD attempted to raise the case after it was ruled on Wednesday that ...
irishexaminer.com/news/politics/arid-41382034.html
Russia vetoes UN resolution denouncing use of nuclear weapons in space: U.S. officials have alleged Russia is developing a space-based nuclear weapon to destroy ...
axios.com/2024/04/24/russia-nuclear-weapons-space-un-resolution
Mass graves in the Gaza Strip what we know: Palestinians report that hundreds of dead have been discovered in mass graves in the Gaza Strip. Who are the dead ...
zdf.de/nachrichten/politik/ausland/massengraeber-gazastreifen-israel-100.html
Israel fumes as UN secretary-general leaves Hamas off sexual violence blacklist: Foreign Ministry denounces UN chief as 'standing shoulder to shoulder with ...
timesofisrael.com/israel-fumes-as-un-secretay-general-leaves-hamas-off-sexual-violence-blacklist/
Work begins on 300 dockland apartments on Cork's Horgan's Quay: Dairygold in talks with housebuilder Cairn to build 600 homes on the former CMP site
irishexaminer.com/property/developmentconstruction/arid-41381431.html
UN officials call for probe into reports of mass graves at Gaza hospitals: Human rights chief says he is horrified by destruction at Nasser and al-Shifa medical ...
ft.com/content/ee1b7aa2-c9c7-419b-8190-83f524f461a1
Portugal has to “pay costs” for its colonial past - President | Africanews: Portugal’s president said late on Tuesday (Apr. 23) that his country was responsible ...
africanews.com/2024/04/24/portugal-has-to-pay-costs-for-its-colonial-past-president/
High-end fully furnished rental units at Rockpoint in Blackrock from €2,475 per month
businesspost.ie/property/high-end-fully-furnished-rental-units-at-rockpoint-in-blackrock-from-e2475-per-month/
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Investors brace for 5% Treasury yields as US inflation worries mount: As U.S. inflation worries grow, some investors are preparing for the 10-year U.S ...
reuters.com/markets/us/investors-brace-5-treasury-yields-us-inflation-worries-mount-2024-04-26/
'Disappointing' start to 2024 as new housing completions drop 12%: Unexpected fall at odds with forecasts with 'exponential' increase necessary to keep ...
irishexaminer.com/business/companies/arid-41382016.html
Navigating the AI Hype Cycle | by Aswath Damodaran - Project Syndicate: Aswath Damodaran explains how investors and business leaders should be thinking about the ...
project-syndicate.org/magazine/ai-hype-historical-lessons-for-investors-corporate-leaders-general-public-by-aswath-damodaran-2024-03
Big pension increase in the summer but was that it?: Pensions will rise more sharply in July than previously thought. But the increases could shrink ...
hna.de/wirtschaft/grosse-rentenerhoehung-im-sommer-zukunft-rente-inflation-inflationspraemie-rentner-kaufkraft-zr-93032410.html
Poland donates $2 million to UN agencies for humanitarian aid in Gaza: Half will go to the World Food Program and the other half to the United Nations Relief and ...
notesfrompoland.com/2024/04/26/poland-donates-2-million-to-un-agencies-for-humanitarian-aid-in-gaza/
Australians flattened by biggest tax increase in world: Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the ...
smh.com.au/politics/federal/australians-flattened-by-biggest-tax-increase-in-world-20240425-p5fmgf.html
Explained: What is so special about TikTok's technology: The content recommendation algorithm that powers the online short video platform TikTok has once ...
rte.ie/news/world/2024/0426/1445795-tiktok/
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Irish government predicts budget surplus of more than €8bn: It is the third year in a row that Ireland will have brought in more in taxes than it spends.
bbc.com/news/articles/c88zg586782o
EU reprimand over Ireland’s ‘lackadaisical’ dirty money policy ‘unsurprising’: European Commission said it identified ‘several instances of incorrect ...
businesspost.ie/news/eu-reprimand-over-irelands-lackadaisical-dirty-money-policy-unsurprising/
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Yellen says economy performing well, inflation will ebb: Treasury Secretary Janet Yellen said on Thursday that the U.S. economy "continues to perform very ...
reut.rs/3QePZz6
Germany signals it will resume funding UNRWA: Germany will follow in the footsteps of Australia, Canada, Sweden, and Japan.
jpost.com/israel-hamas-war/article-798467
Climate change is endgame for coral reefs as we know them: As burning fossil fuels warms up the ocean and makes it more acidic, coral reefs are bleaching and ...
vox.com/climate/24137250/coral-reefs-bleaching-climate-change
Why it's time for 'middle powers' to step up on geopolitics: With major powers and the United Nations unable to prevent or end many wars, maybe this is the ...
weforum.org/agenda/2024/04/middle-powers-geopolitics/
Maduro announces return of UN rights office to Venezuela: President Nicolas Maduro announced Tuesday that a United Nations human rights office would begin ...
france24.com/en/americas/20240424-maduro-announces-return-of-un-rights-office-to-venezuela
Stock market today: Dow drops 375 points after weak GDP data: Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and ...
markets.businessinsider.com/news/stocks/stock-market-today-gdp-1q24-inflation-economy-tech-stocks-microsoft-2024-4
Number of people homeless increases to 13,866: There were 13,866 people recorded as accessing emergency accommodation in March, of whom 4,147 were children ...
rte.ie/news/2024/0426/1445892-homeless-figures-march/
‘People really care about beauty products’: James Dyson and the business of hair care
businesspost.ie/life-arts/people-really-care-about-beauty-products-james-dyson-and-the-business-of-hair-care/
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Almost 40 per cent of rural Irish manufactures only use green suppliers: Firms said they were under increasing pressure to be sustainable
businesspost.ie/news/almost-40-per-cent-of-rural-irish-manufactures-only-use-green-suppliers/
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Looming threats of war in Europe demand we put our defences on a war footing: Committing to spend almost £90bn a year on defence from 2030 is a big decision ...
businesspost.ie/analysis-opinion/looming-threats-of-war-in-europe-demand-we-put-our-defences-on-a-war-footing/
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John O’Shea confirmed as Ireland interim boss for June friendlies – but Brian Kerr not available
independent.ie/sport/soccer/international-soccer/john-oshea-confirmed-as-ireland-interim-boss-for-june-friendlies-but-brian-kerr-not-available/a265075830.html
Upgraded Victorian painstakingly restored in Portobello for €1.575m: Fully realised four-bedroom home with intricate period features and a modern living hub
irishtimes.com/property/residential/2024/04/24/bright-contemporary-victorian-painstakingly-restored-in-portobello-for-1575m/
Embracing AI as a force for good: Many people are making a case for slowing down the progress of AI because it poses an existential threat to humanity ...
businesspost.ie/tech/embracing-ai-as-a-force-for-good/
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The IMF Chose the Right Leader the Wrong Way | by Ngaire Woods - Project Syndicate
project-syndicate.org/commentary/imf-managing-director-appointment-process-deeply-problematic-even-if-right-choice-this-time-by-ngaire-woods-2024-04
Confirmed: John O'Shea to take charge of Ireland for June friendlies : Brian Kerr - technical advisor to the team in the March international window - will ...
irishexaminer.com/sport/soccer/arid-41382697.html
Scope for budget tax cuts and cash for households is limited - this will be a difficult pre-election package to agree on
irishtimes.com/your-money/2024/04/25/pre-budget-sums-are-not-as-flush-as-they-look-at-first-glance/
President Michael D Higgins says he will be ‘recovered’ in weeks after mild stroke
irishexaminer.com/news/arid-41381413.html
War on Gaza: Germany to resume cooperation with Unrwa in Gaza: Germany will recommence its cooperation with the UN agency for Palestinian refugees (Unrwa) in ...
middleeasteye.net/news/germany-resume-cooperation-unrwa-gaza
Quick Glance: UNRWA Report Highlights Lack of Evidence for Israel's Employee Militancy Claims
- An independent review commissioned by the United Nations found that Israel has not provided evidence to support its accusation that a 'significant' number of employees of the U.N. relief agency for Palestinian refugees in the Gaza Strip are members of terrorist organizations.
- The review, led by former French foreign minister Catherine Colonna, revealed that UNRWA 'plays an indispensable and irreplaceable role in the region,' despite issues such as employees expressing political views and offices being used for 'political or military purposes'.
- The review listed recommendations to enhance UNRWA operations, including improved training, more rigorous employee screening, and a thorough review of all textbooks and supplements.
- Concerns were raised regarding the screening of UNRWA employees and the content of textbooks, while Israel has yet to provide evidence to support the claim that a significant number of UNRWA employees are members of terrorist organizations.
The demon dementia has made me uncertain about the net benefit of being around my mother
irishtimes.com/abroad/2024/04/25/it-is-rather-difficult-for-me-to-secure-my-own-mask-first-i-dont-even-know-where-my-mask-is/
‘Catastrophic decline’ in numbers of wild salmon returning to Ireland : Inland Fisheries Ireland to spend €110 million on removing barriers to fish
irishtimes.com/politics/2024/04/25/catastrophic-decline-in-numbers-of-wild-salmon-returning-to-ireland/
Open-plan spaces, marble-tiled floors, chandeliers everywhere in lavish Foxrock four-bed on two acres for €5m
irishtimes.com/property/residential/2024/04/25/open-plan-spaces-marble-tiled-floors-chandeliers-everywhere-in-lavish-foxrock-four-bed-on-two-acres-for-5m/
Simone Gannon: Hailey Bieber’s sold-out skincare line lives up to the hype: Rhode’s thoughtful, uncomplicated, barrier-boosting formulas are a breath of fresh ...
irishtimes.com/life-style/fashion/2024/04/26/simone-gannon-hailey-biebers-skincare-line-lives-up-to-the-hype/
Twenty one dead, 23 missing after boat capsizes off Djibouti coast, UN agency official says
reuters.com/world/africa/un-migration-agency-16-dead-28-missing-after-boat-capsizes-off-djibouti-coast-2024-04-23/
UN officials urge UK to reconsider plan to transfer asylum seekers to Rwanda: GENEVA: Two United Nations top officials on Tuesday called on the UK to reconsider ...
arabnews.com/node/2497651/world
Quick Glance: British Law on Deportation of Asylum Seekers to Rwanda
- The new British deportation law aims to curb illegal migration and secure the reelection of Prime Minister Rishi Sunak.
- However, experts doubt the effectiveness of the law in stopping illegal migration to the UK.
- Rishi Sunak is under significant pressure due to political challenges in the election year, including inflation and healthcare issues.
- The Rwanda law intends to deport migrants without valid papers to Rwanda, although the efficacy of the law is being questioned.
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship: Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of ...
bloomberg.com/news/articles/2024-04-25/chanel-ceo-says-price-hikes-driven-by-inflation-craftsmanship
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Supermarkets may be fined up to €10m for breaching supplier rules, new food regulator warns
businesspost.ie/article/supermarkets-may-be-fined-up-to-e10m-for-breaching-supplier-rules-new-food-regulator-warns/
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TJ Reid in the lead but are Patrick Horgan's scoring feats more impressive?
irishexaminer.com/sport/gaa/arid-41382535.html
Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
taiwannews.com.tw/en/news/5673279
The Pandemic Financing Developing Countries Need | by Rachel Glennerster - Project Syndicate
project-syndicate.org/commentary/developing-countries-must-be-able-to-invest-at-risk-vaccines-pandemic-by-rachel-glennerster-2024-04
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Biden replaces coordinator for Gaza aid with head of US Institute of Peace: The Biden administration is appointing the head of the U.S. Institute of Peace (USIP) ...
thehill.com/policy/4620628-biden-replaces-coordinator-for-gaza-aid-with-head-of-us-institute-of-peace/
Woman (61) jailed after posing as cousin to steal €22k from her credit union account two days after she died
independent.ie/irish-news/courts/woman-61-jailed-after-posing-as-cousin-to-steal-22k-from-her-credit-union-account-two-days-after-she-died/a55225239.html
Taliban government joins climate change talks for first time : The Taliban government has entered its first talks with the United Nations, donors and ...
english.alarabiya.net/News/world/2024/04/24/taliban-government-join-climate-change-talks-for-first-time-
BOJ keeps ultra-low rates, projects inflation near 2% for years: The Bank of Japan kept interest rates around zero on Friday and issued fresh estimates ...
reuters.com/markets/rates-bonds/bank-japan-may-signal-near-term-rate-hike-with-new-price-forecasts-2024-04-25/
Cork volunteer with Blood Bike South has motorbike stolen: As a member of the bike community in Ireland, Mr Peeters said there has been a noticeable uptick in ...
irishexaminer.com/news/munster/arid-41382064.html
UNRWA Funding Now Mostly From Individual Donors After US Halts Donations: Individual donors now are the largest source of funding for the United Nations relief ...
bloomberg.com/news/articles/2024-04-23/individual-donors-provide-most-unrwa-funding-amid-us-cutoff
Neurodiverse festival: ‘This is all about making a more inclusive Dublin’: City council event to run over two sessions with Merrion Square Park divided into ...
irishtimes.com/health/your-wellness/2024/04/24/neurodiverse-festival-this-is-all-about-making-a-more-inclusive-dublin/
Tributes paid as Sunderland and Ireland legend Charlie Hurley passes away : Cork native Hurley - regarded as one of Sunderland and Ireland's greatest ever ...
irishexaminer.com/sport/soccer/arid-41381839.html
D-Day veteran who flew into Normandy on a military glider dies aged 100: Bill Gladden, of Haverhill, Suffolk, was just 20 years old when he arrived on a Hamilcar ...
irishexaminer.com/world/arid-41381257.html
Commercial rate increases cause concern in Kenmare: Rates for one business in 2024 have shot up around 50% compared to the previous year to just under €5,000.
irishexaminer.com/business/economy/arid-41380675.html
Mural celebrating Frederick Douglass unveiled in Cork city: Regional reports from the Irish Examiner team
irishexaminer.com/news/munster/arid-41380468.html
Career criminal killed in hit-and-run may have been struck by his own associates’ car
independent.ie/irish-news/crime/career-criminal-killed-in-hit-and-run-may-have-been-struck-by-his-own-associates-car/a1697659204.html
Potential extension of Wild Atlantic Way into Northern Ireland being considered: News from the Irish Examiner's team of reporters
irishexaminer.com/news/arid-41380756.html
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