Home News
14/12/2011 |
a pedestrian in his 30s has been killed in a traffic incident in
north Cork this afternoon. The man was fatally injured when he was struck
by a car between Mallow and Buttevant on the main Cork to Limerick road shortly after 4pm.
It is understood the man who was local was pronounced dead at the scene.
The road has been closed to allow a Garda forensic crash
investigator examine the scene.
15/12/2011 |
one in eight calls to the Samaritans in the last 12 months was recession-related.
The report also said 135,000 calls were silent or callers
hung up. These could signify someone checking the service is available, finding themselves
unable to speak or calling in the hope of finding “the right” voice at the other
end of the line. The busiest time for the helpline each day was between 6pm and
midnight.
Business News
15/21/2011 |
the executive board of the International Monetary Fund has agreed to release
€3.9 billion in loans to Ireland after completing its review of it's
execution of the bailout programme. The statement was made after a
meeting in Washington, and the organisation noted that it has so far loaned
Ireland €13bn as part of the bailout programme. The IMF is expected to lend
Ireland about €23bn over three years.
16/12/2011 |
the euro zone crisis could push Ireland off track in meeting its deficit
targets and could prompt further harsh austerity measures, a new
economic report said today. The report predicts consumer spending will
have fallen by 2.3 per cent in 2011, with savings remaining high in
2012 as households stay cautious about spending. Although it may recover
in 2014, it will be modest.
World News
15/12/2011 |
the flag of American forces in Iraq has been lowered in Baghdad bringing
nine years of US military operations in Iraq to the end.
Only about 4,000 US soldiers now remain in Iraq, but they are due to leave
in the next two weeks. At the peak of the operation, US forces there numbered 170,000.
Some 4,500 US soldiers and more than 100,000 Iraqis have died in the war.
15/12/2011 |
a French court has given J Chirac a two-year suspended
prison sentence for diverting public funds and abusing public trust.
Mr Chirac, was not in court to hear the verdict because of ill-health but denied
wrongdoing. President from 1995 to 2007, he was put on trial on charges that dated
back to his time as mayor of Paris. The verdict would be seen as a stain on Mr Chirac's (79) character.
Sport News
16/12/2011 |
both teams
Arsenal and Chelsea will head for Italy in first leg following this morning’s draw for the
Round of 16 in the Champions League
Managers A Villas-Boas and A Wenger must overcome Serie A opponents if they
are to reach the quarter-final stage, with Chelsea drawing Napoli and the Gunners landing AC Milan.
Napoli presiden believes the challenge for his side will be to control the nerves.
14/12/2011 |
Following the
finals draw in Kyiv on 2 December, ticket sales for supporters of the 16 national teams in UEFA EURO 2012 started today.
A specific ticket allocation has been reserved for fans of these 16 teams and tickets will be sold based
on the country of residence of the applicant. Lotteries will determine which applicants receive tickets
and supporters therefore do not have to rush to apply for tickets.
Culture News
15/12/2011 |
for the
past couple of weeks I’ve been in possession of a 55in TV.
Your sitting room becomes a TV with a small living space attached.
The marriage of internet and TV is the next big thing, but what’s surprising is how long
it’s been the Next Big Thing. In the UK and Ireland, where the options have been more limited, we still watch a very small percentage of our TV through the web.
13/12/2011 |
Nothing could
provide a more powerful visual contradiction of the old notion that the Vikings were an alien presence in
Ireland, driven away by Brian Bóruma (Boru) in 1014 at the Battle of Clontarf.
If this seems surprising, it is only because of the power of the story created by his followers of Brian
as the hammer of the Vikings, who freed Ireland from a terrible curse.
Consumer uncertainty sees Irish economy shrink 1.9%
Dublin ranks as the 26th best city in the world for quality of living
SANDRA JENSEN
The economy weakened considerably in the third quarter of the year, shrinking at the fastest rate
in more than two years.
A rise in exports was not enough to keep momentum in the economy, with
falling personal consumption and a significant decline in investment hampering the country.
According to initial estimates from the Central Statistics Office, gross domestic product fell
by 1.9 per cent on a seasonally adjusted basis to almost €40.1 billion.The expectation had been
for a 0.5 per cent drop over the quarter.
GNP, which excludes the repatriated profits of multinationals, declined at a faster pace, falling by
2.2 per cent compared with the second quarter of the year.
Personal consumption continued to fall, mirroring weak domestic demand in the economy stockbroker was not placing too much
Compared to the previous quarter, spending was 1.3 per cent lower. "Nervous consumers continue to maintain high levels of saving given
uncertainty about future prospects," Davy chief economist Conall Mac Coille said.
Government expenditure was also weaker, falling by 1.3 per cent, while fixed investment declined by
20.9 per cent. NCB attributed tthe fall to a decline in machinery investment, particularly in aircraft.
Imports were 1.5 per cent lower over the quarter, with exports rising by 0.8 per cent. At constant prices
the economy contracted by 0.1 per cent compared with a year earlier, while GNP declined by 4.2 per cent.
"Current policies are making recovery almost impossible," said Ictu's David Begg said. "No economy can sustain
the sort of ongoing stockbroker was not placing too much damage that is being inflicted on us. The latest figures show, yet again, a big drop in domestic
demand while
retailers warn of more closures in the new year. We need growth and weneed it quickly."
But NCB's chief economist Brian Devine said GDP figures were "extremely volatile" and as such,
the stockbroker was not placing too much weight on a single quarter.
"The key message we have been trying to convey though remains intact - the economic backdrop in Ireland
remains extremely challenging, unemployment is not going down any time soon and
despite all the good work to date Ireland is facing at least another five austerity budgets," he said.
The commission said Ireland's fiscal performance had been on target so far this year, predicting a budget
deficit for 2011 would be “well below” the 10.6 per cent of gross domestic product (GDP) required under the bailout programme.
However, it said stockbroker was not placing too much that further progress was needed in this area.
Seán Quinn's wife ordered to repay the €3 million bank loan
PADDY MALONE
The wife of bankrupt businessman Seán Quinn has been ordered to repay more
than €3 million to the Irish Bank Resolution Corporation, formerly Anglo,
after a judge ruled today she had no defence to the bank's claim. Mr Justice P Kelly
rejected arguments by P Quinn that she was not obliged to repay the €3 million loan made jointly to herself and her husband
»»» 13/12/2011
Protesters march on Wall Street in New York
PETER MURTAGH
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incididunt ut labore et dolore magna aliqua. Ut enim
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat
nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in Ut enim ad minim
veniam, quis nostrud et
exercitation
»»» 12/12/2011