Entries Tagged as 'Business'

Why Irish Emigration Won’t Be Like the 1980s

July 14th, 2008 · 6 Comments

This is the oped, as filed, in the 13 July 2008 Irish Mail on Sunday. The things I didn’t have space to get into in this column include thoughts on a slight gender split that will be a caveat, but it doesn’t affect the main point: the difference between conditions in Ireland and the rest [...]

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Tags: Business · Daily Mail · Ireland · column · economics · irish politics · politics

Pat Phelan and iPhone in Breakup Shocker

July 13th, 2008 · 1 Comment

Boy meets phone. Boy loses phone through third party interference, miscommunication and misunderstanding. Boy wins phone back with help from commenter on blog.
A happy ending. Until the sequel.
It’s Mamma Mia!* crossed with WALL-E.
Took Herself to this last night as a — gift, penance, masochistic act? — and I laughed in spite of myself several [...]

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Tags: Business · Ireland · Society · Technology

The Sindo makes you dumberer

July 13th, 2008 · 2 Comments

Front page comment from the Sunday Independent on the economy (13 July 2008):
“We are, it’s true, caught in the economic cataclysm that has hit the developed world, but this dreadful cycle will, in time, come to an end, though nobody can say when…
The onset of the recession was, however, eminently predictable. Mr Cowen and [...]

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Tags: Business · Ireland · Journalism · economics · irish politics · media

The Starbucks “Medusa” Logo?

July 11th, 2008 · No Comments

Oh dear. Dalkey’s pending Starbucks must really be a lot scarier than the regular sort if it’s actually turning other traders into stone.

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Tags: Business · Society · economics

Dr Phil: The Recession’s in Your Head

July 11th, 2008 · 1 Comment

I think John McCain’s economic adviser, Phil Gramm, has been spending too much time hanging around Ireland in the last couple of years. Everything’s fine. And it’s your problem if you think there’s a problem.
“You’ve heard of mental depression; this is a mental recession,” he told the Washington Times, saying of America, “We have sort [...]

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Tags: Business · Obama · US politics · politics

Defending Irish Banks

July 11th, 2008 · No Comments

Well - I never thought I’d say this but I was glad to see someone defend Irish banks yesterday. Because John Hurley of the Central Bank did so without the usual lashing out that generally accompanies such statements - the wild, defensive, emotional lashing out being the things that (far more than any analyst report [...]

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Tags: Business · Ireland · economics

No Irish Economic Recovery til 2010

July 10th, 2008 · No Comments

Well, the forecasts get worse and worse. But I think that Dermot O’Leary from Goodbody has it pretty much right:
Sharply declining output in the construction sector, coupled with a consumer in retreat, is expected to contribute to a fall in output in the Irish economy in 2008 for the first time since 1983. We now [...]

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Tags: Business · economics

Is George Lee speaking in Parseltongue?

July 10th, 2008 · No Comments

Listening to RTÉ’s voice of doom just now I realised Amanda could understand what George Lee was saying on Moaning Ireland about how we’re all going to die roarin. But I couldn’t make it out.
“He’s speaking parseltongue,” she said.
I’m not sure which has me more worried. That George Lee is speaking parseltongue or that my [...]

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Tags: Business · Uncategorized · economics · media

Could an Irish bank go bust?

July 9th, 2008 · 7 Comments

Picture owned by u07ch.
My piece in the Wednesday Irish Daily Mail:
So as it turns out, gloomy economists aren’t the only ones who think the Irish government might have to bail out a bank. The Moody’s rating agency has built in the assumption of a rescue [in the unlikely event one is needed, which it [...]

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Tags: Business · Daily Mail · column · economics

Two Good Ideas, Too Late, by Brendan Keenan

July 7th, 2008 · 2 Comments

Brendan Keenan muses melancholic on our gilded Götterdämmerung but with two big what-ifs. What if Brian Cowen (or Charlie McCreevey) had rejigged incentives to promote more fixed rate mortgages as a hedge against ECB rate volatility/rates out of sync with local conditions? What if the department of finance treated the boom-related property taxes like the [...]

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Tags: Business · Journalism · economics · irish politics · media · politics