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SEARCH Last Updated: Feb 9, 2010 - 5:12:46 PM


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Latest Headlines
News
Markets News Afternoon: Shares fall in Dublin; Inventories at US wholesalers unexpectedly dipped in December indicating rise in demand
Bank of Scotland Ireland to close Halifax network with loss of 750 jobs; Entry to Irish mortgage market in 1999 resulted in significant increase in competition
Annual volume of Irish retail sales fell 14.1% in 2009 - -down 18% in value terms; Sales rose 0.4% in December
German merchandise exports fell 18.4% in 2009; Year marked biggest drop in trade since 1950 - - China becoming the world's top exporter; Exports up 3% in December
The Big Tilt: Western companies unprepared for the rise of Asia; Senior executives should move to region
Honohan says Government will provide further significant capital funding to the Irish banks in coming weeks
Markets News Tuesday: Shares fall slightly in Europe and Dublin; German consumer prices dip in January; UK retail sales stall
Tuesday Newspaper Review - Irish Business News and International Stories - - February 09, 2010
US Employment Trends Index rose in January for the fifth consecutive month; Trend points to the resumption of jobs growth soon
Dow Jones Industrial Average closes below 10,000 level; First crossed threshold in March 1999
Markets News Afternoon: Shares up slightly in Europe and US
Economist George Lee abandons broken Irish political system; Resigns from Dáíl and Fine Gael
AIB Bank error in account classification results in overcharging on 40,000 accounts - - requiring average refunds of €100
Irish Consumer Sentiment rose in January
Markets News Monday: G7 to canvass support for global banking levy; Aer Lingus traffic rose in January; German manufacturing turnover fell in December
IBEC calls for 10% rebate on commercial rates for Irish retailers from cash-strapped local authorities
Monday Newspaper Review - Irish Business News and International Stories - - February 08, 2010
Asia 2010 growth forecast upgraded - - region will be responsible for 60% of global growth of 4.4%; World's Emerging Markets will account for 75% of growth
Competitiveness of Eurozone economies: Long tradition of tensions
Irish construction activity continued to fall sharply in January but at slowest pace in five months
US unemployment rate fell to 9.7% in January; Employment dipped by 20,000 and the broad measure of unemployment fell to 16.5%
Markets News Friday: Stocks, commodities and euro plunge; OECD composite leading indicators give stronger signals of economic expansion
Friday Newspaper Review - Irish Business News and International Stories - - February 05, 2010
Surveyors predict 40,000 more job losses in Irish construction in 2010 from 2007 peak of 269,000 to 1995 low of below 100,000; Call for property tax
China says currency exchange rate close to "reasonable" level
Finance Bill 2010: Provisions to increase the attractiveness of Ireland as a location for investment and transfer pricing changes for multinationals included
Markets News Afternoon: Stocks slide in Europe and US as sovereign debt worries rise; Euro below $1.38; Trichet says ECB’s interest rate are “appropriate”
US retailers posted mixed sales results for January; New weekly jobless benefit claims rose unexpectedly; Manufacturers' orders gained in December
European Central Bank keeps benchmark rate on hold at 1%; Trichet to address press conference; Bank of England holds rate at 0.5% - - lowest since 1694
Markets News Thursday: Deutsche Bank reports net income of €5.0 billion in 2009; Embattled Toyota swung into black in last quarter
Analysis/Comment
Cowen makes another “rallying cry”; Court appointed examiner seeks €425-an-hour; 18 State agencies fund 4,000 non-staff flights in 2 years
Dr. Peter Morici: Friday’s US jobs report
Dr. Peter Morici: Mr. President; It’s the trade deficit stupid!
Ireland's Choice: Reform or risking status as a failed rich State
Ireland: Where the buck stops nowhere - - Irish banking inquiry, DCC and a cast of Pontius Pilates
Irish Economy: Economists announce new dawn; "Kickstarting" growth from behind a desk! ECB director terms them delusionists
Irish Property Crash:  "Thank God, I'm not still a chartered accountant"
Dr. Peter Morici: President Obama's Bank Tax: Just another bit of demagoguery
The euro, Ireland and the quest for instant competitiveness
Dr. Peter Morici: Wall Street rakes big bonuses, Obama fails to stem abuse
Wall Street's Accountability Deficit: "Money is like sea water. The more you drink, the thirstier you become"
Iceland: People before profits and people before banks!
Dr. Peter Morici: Why free trade is failing America
Irish Economy 2010: A year of freedom from fear?
"Et tu brute": Betrayal of trust; Administering last rites to Catholic Church authority in 2009; Little other change in Ireland
Dr. Peter Morici: US recession ends for Summers but for who else?
Dr. Peter Morici: US trade deficit, new home tax credit and easy Fed policies threaten double dip recession
Dr. Peter Morici: American stimulus spending and lost hope
Ireland 2009: People of the Year, Brass Neck and Golden Fleece Awards!
Irish Budget 2010: Jellyfish politics rule as Cowen sinks in fudge; Awaits "transformational" public sector reform plan from trade unions
Dr. Peter Morici: Obama confronting the consequences of bureaucracy and corruption
Irish Economy: A citizen sick of an economist's "whingey, whiney voice"
Dr. Peter Morici: US Third Quarter GDP to be revised downward; Unemployment to rise and stock rally to continue
National Strike: Wealthy Irish trade union leaders should give priority to misery of unemployed and flood victims
Why is "Irish reform" an oxymoron?
Dr. Peter Morici: America’s leadership deficit
Ireland exiting the euro and the risk of setting the Irish economy on fire
Dr. Peter Morici: China’s yuan, not the dollar, is too cheap
Dr. Peter Morici: US trade deficit threatens a double-dip recession, economic armageddon
Dr. Peter Morici: The Washington Follies - - stocks soar, unemployment passes 10% and the dollar slumps