Newsround: what Monday's papers say

Spicer says Trump's tax cuts won't threaten Ireland and nurses may be in line for special pay deal

6th February, 2017
Wednesday's papers

The top stories in Monday's newspapers:

THE IRISH TIMES

- The White House has played down concerns about a possible adverse impact on Ireland from the Trump administration's plans to overhaul the US corporate tax system, insisting that greater competition would be good for both countries, the paper reports on its front page.

- It also says the nurses may be in line for a special pay deal following an acceptance by government that there are serious difficulties recruiting and retaining staff in the health service.

- In its Home News section, the paper reports that the prospect of further industrial relations difficulties in the state transport sector is set to increase this week with potential new disputes emerging at Dublin Bus and Iarnród Éireann.

- On its business pages, the paper reports that foreign direct investment from China into Ireland surged last year to $2.9 billion from just $10 million a year earlier, according a study by international law firm Baker McKenzie.

FINANCIAL TIMES

- Business is already suffering from Brexit, according to some of Britain's biggest companies, lending weight to a cross-party effort by MPs this week to avert the risk of the UK crashing out of the EU without a deal, the paper says.

- Marine Le Pen, the French far-right leader, rallied a 3,000-strong crowd of supporters in Lyon as she launched her campaign for France's presidential election. The head of the National Front party promised a crackdown on the forces of globalisation if she won her bid for the Elysée Palace and laid out a plan to pull France out of the EU.

- In its Companies & Markets section, the paper reports that the US bond market is succumbing to the advance of passive investing with exchange-traded funds and index-trackers now controlling more than a fifth of the fixed-income market and rising fast.

- Twitter has been urged to quit the stock market by its users with the idea that it should become a co-operative owned by its users likely to get an airing at the company's annual meeting if campaigning shareholders get their way.

IRISH INDEPENDENT

- The paper leads with a story that only one-in-three parents feels confident they can protect their children when online with worries centring around risks like cyber-bullying, online grooming and accessing pornographic content.

- More than 13,000 civil servants would pay nothing toward their own pensions if unions get their way at new talks, the paper reports. Unions will demand the pension levy, brought in during the financial crisis, be abolished at negotiations expected to start in May.

- Trams will begin running on the new Luas cross-city line in June as engineers begin testing in advance of full passenger services.

- In its business section, the paper reports that the UK fishing industry's desire to exclude foreign boats from its fisheries zone post-Brexit poses a "fundamental threat" to Ireland's fishing sector, Agriculture Minister Michael Creed has warned.

IRISH EXAMINER

- The paper leads with a report warning that Ireland is heading for Brexit disaster as Taoiseach Enda Kenny's desired special deal between the Republic and the North in not legally possible.

- It also reports that the provost of Ireland's oldest university has been accused of trying to turn a Trinity College Dublin into a "second-rate polytechnic" by introducing full 'semesterisation'.

- US president Donald Trump yesterday ramped up his criticism of a judge who blocked a travel ban on seven countries and said courts were making US border security harder, intensifying the first major legal battle of his presidency.

- Centra, the convenience store chain supplied by Musgrave, will spend €20 million this year as part of an investment to open 20 new stores. It also posted a three per cent rise in sales to €1.59 billion in 2016.

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