Ireland News
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AFGHANISTAN, 2017/09/09
Destinations worldwide welcomed 598 million international tourists in the initial six months of 2017, some 36 million additional than in the same period of 2016. At 6%, increase was well above the trend of recent years, making the current January-June period the strongest half-year since 2010.
Visitor numbers reported by destinations around the world reflect strong request for international travel in the initial half of 2017, according to the new UNWTO World Tourism Barometer. Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained and consistent trend of 4% or higher increase since 2010. This represents the strongest half-year in seven years.
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ALBANIA, 2017/08/27
The European gas market is becoming additional and additional competitive and US exports of liquefied natural gas (LNG) are part of this landscape, Francis Perrin, energy expert, chairman of Energy Strategies and Policies (France) told Trend.
“Energy is always a strategic business. Economic aspects are very significant of course, particularly the price of LNG, but nations as well take into account strategic issues. For some Central and Eastern European nations one of the key priorities of their energy policies is the diversification of their supplies, in particular gas imports, in order to reduce their dependence on Russia,” said the expert.
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IRELAND, 2017/07/15
Ireland's economy contracted for the initial time in four quarters in the initial three months of the year and the pace of decline was worse than economists had predicted, while the increase figure for the previous quarter was revised up sharply, preliminary data from the Central Statistics Office showed Friday.
Gross domestic product fell a seasonally 2.6 % sequentially in the initial quarter, reversing a 5.8 % rise in the fourth quarter of 2016, which was revised up from a 2.5 % increase reported before.
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IRELAND, 2017/07/15
Ireland's economy contracted for the initial time in four quarters in the initial three months of the year and the pace of decline was worse than economists had predicted, while the increase figure for the previous quarter was revised up sharply, preliminary data from the Central Statistics Office showed Friday.
Gross domestic product fell a seasonally 2.6 % sequentially in the initial quarter, reversing a 5.8 % rise in the fourth quarter of 2016, which was revised up from a 2.5 % increase reported before.
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AFGHANISTAN, 2016/12/11
A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree.
The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
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IRELAND, 2016/09/06
An EU ruling that Apple Inc. must pay a huge tax bill to Ireland was clearly based on facts and existing rules and was not a decision aimed against the United States, European Commission President Jean-Claude Juncker said on Sunday.
Last week, European Union antitrust regulators ordered Apple to pay up to 13 billion euros ($14.5 billion) in taxes to the Irish government next ruling that a appropriate scheme to route profits through Ireland was illegal national aid.
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IRELAND, 2016/07/16
You could call it a €75 billion mystery. Or a €300 billion conundrum. But either way trying to interpret the official economic figures for 2015 is next to near impossible.
Everybody knows that the 26 % plus increase rate recorded for 2015 may be a statistical fact, but in terms of reflecting what is actually going on it is clearly a fiction. But trying to pull apart the various different bits of the puzzle is very difficult, because for confidentiality reasons the all of data the Central Statistics Office felt able to provide was very limited.
But let’s stand back and look at two large numbers. The initial, the €75 billion is the recorded rise in exports last year, from €220 billion to €295 billion, an extraordinary €75 billion jump. Imports as well rose, by about €40 billion. This still left a large net contribution from the trading sector to our in general increase economic figures.
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ALBANIA, 2016/01/02
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AFGHANISTAN, 2016/01/02
World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.
IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide.
Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.
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IRELAND, 2015/06/09
The month of May saw additional businesses reporting increase in both output and new orders than those that did not, according to the Ulster Bank's Purchasing Managers' Index (PMI).
The index provides a benchmarked snapshot of the economic outlook. It as well found an increase in staff being hired last month.
Richard Ramsey, Ulster Bank's chief economist in Northern Ireland, welcomed the findings: "The new survey offers encouragement, next a disappointing start to the year, with firms presently reporting a significant development in business conditions," he said.
