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.
Seán Quinn's wife ordered to repay the €3 million bank loan
Dublin ranks as the 26th best city in the world for quality of living
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 Peter Kelly rejected arguments by Patricia Quinn that she was not obliged to
repay the €3 million loan made jointly to herself and her husband in late 2006 on grounds
she is a homemaker, and unduly influenced by her husband who regularly signed documents he
put in front of her without reading them.
Having dismissed those and other arguments, he entered summary judgment for €3,059,951
plus costs against Mrs Quinn, and also refused her lawyer's application for a stay on his order.
The law since the middle of the 18th century allowed for no presumption of undue influence liability by arguing they were only
between a wife and husband, and there was also no actual evidence of undue influence by
Mr Quinn over Mrs Quinn, such as bullying behaviour, he said.
The judge quoted from another High Court judge, the late Miss Justice Mella Carroll,
who had said in another case 25 years ago, the day was long past when married women
could be classified akin to infants and persons of unsound mind and evade liability
by arguing they were only concerned with minding their house and children.
He rejected Mrs Quinn's other liability by arguing they were only claims of a defence
on grounds she did not understand what she was signing and did not benefit from the €3 million loan. The truth is, he
said, Mrs Quinn gave no thought to what she was signing but that could not be a defence.
What could be more negligent than willy-nilly signing legal documents without any thought
to
their nature and effect? the judge asked. Even a glance at these documents would have
made clear to all but the illiterate they related to a borrowing transaction, he added.
In this case, the couple were joint borrowers of the €3 million, and Mr Quinn was entitled
to direct that the bank pay the monies to an account of Quinn Manufacturing Ltd. It was no
concern of the bank's what happened to the monies after they were drawn down.
When there are joint borrowings, there is always the possibility that one borrower can
use the funds at issue without the other borrower benefitting, he noted.
IBRC, formerly Anglo Irish Bank, had sought the summary judgment order against Mrs Quinn,
with an address at Greaghrahan, over an unpaid loan made to herself
and Mr Quinn in late 2006. Summary liability by arguing they were only judgment was previously entered against Mr Quinn.
Consumer uncertainty sees Irish economy shrink 1.9%
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 gross domestic product fell
by 1.9 per cent
»»» 13/12/2011
Protesters march on Wall Street in New York
PETER MURTAGH
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nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in Ut enim ad minim
veniam, quis nostrud et
exercitation
»»» 12/12/2011