People count more than numbers

Stronger economic growth in ROI compared to NI – study

The Republic of Ireland has higher wages, stronger economic growth and better living standards than Northern Ireland, according to a new study by the Economic and Social Research Institute. The report was commissioned by the Shared Island Unit in the Department of the Taoiseach. It found the population of the Republic was growing faster than […]

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US exempts smartphones, computers from global tariffs

The US government has granted tariff exclusions for smartphones, computers and other electronics imported largely from China, sparing them from President Donald Trump’s steep 125% reciprocal duties. In a notice to shippers, the US Customs and Border Protection agency published a list of tariff codes that will be excluded from the duties. The exclusions are […]

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EU should ‘be careful’ in tariff talks with US – Chambers

Minister for Public Expenditure Jack Chambers has said that the European Union needs “to be careful about what we put on the table” in tariff negotiations with the United States. Speaking RTÉ’s This Week, Mr Chambers said lowering tariffs between countries has been the basis of prosperity built over decades. “We want to preserve the […]

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Hybrid work critical for workplace wellness, survey finds

New research from Ibec shows that flexible or hybrid working arrangements remain a critical factor for employee workplace wellness. The survey of more than 1,000 people found that 68% of employees highlighted hybrid or flexible work as key to their wellbeing, with 35% saying they would be willing to leave a high-paying job for one […]

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Oil prices set to drop for a second week over US-China trade war concerns

Oil prices rose today after settling more than $2 a barrel lower in the previous session, but were set to drop for a second week in a row on concerns over a prolonged trade war between the US and China. Brent futures rose 90 cents, or 1.4%, to $64.23 a barrel this morning, while US […]

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First time buyers struggling to save a deposit – PTSB research

A new survey of homeowners, renters and prospective buyers reveals a big jump in younger age groups saying they are considering applying for social housing in response to housing affordability concerns. PTSB’s latest Reflecting Ireland research shows that 46% of people who are in the market to buy a home are now considering applying for […]

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Tariff supports have to be ‘sustainable’ – Taoiseach

Taoiseach Micheál Martin has said any supports to help businesses affected by US tariffs needs to be “financially sustainable” in the medium and long-term. He was responding to calls for the introduction of a wage subsidy scheme in response to the tariffs. During Leaders’ Questions in the Dáil, Labour leader Ivana Bacik asked the Taoiseach […]

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Stocks tumble again as US hits China with 104% tariffs

European and Asian stocks extended a slide on Wall Street this morning as President Donald Trump pressed ahead with whopping 104% tariffs on Chinese goods, pummelling oil prices to four-year lows as global recession fears gripped financial markets. London’s FTSE index had dropped 2.2% in opening trade, while the Paris CAC was down 2.8% and […]

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Oil falls to lowest since February 2021 as Trump’s tariffs take effect

Oil prices fell for a fifth day to their lowest since February 2021 today on looming demand concerns fuelled by an escalating tariff war between the US and China, the world’s two biggest economies, and a rising supply outlook. Brent futures dropped $1.39, or 2.21%, to $61.43 a barrel early this morning. US West Texas […]

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