What Monday's papers say

Trump defends order; Zappone call on airport arrangements; FG TDs want Brexit minister

30th January, 2017
The main headlines from today's newspapers

IRISH TIMES

- The Irish Times says US president Donald Trump has defended his ban on refugees and immigrants from seven predominantly Muslim countries in the face of court rulings, mass protests and international condemnation. Trump denied that his order constituted "a Muslim ban".

- The paper says new plans to speed up the divestment of hundreds of schools from Catholic ownership will be announced today by Minister for Education Richard Bruton. The initiative is aimed at encouraging religious organisations to transfer the patronage of more than 200 schools to other models.

- In business, the Irish Times reports on a forecast from global ratings agency Moody's that house prices in Ireland will rise by 5 per cent this year. The agency attributes this to a shortage in housing supply, the relaxation of mortgage lending rules for first-time buyers and growing demand from borrowers benefiting from the state's new help-to-buy scheme.

- The paper says the Public Relations Institute of Ireland has proposed that a renamed Press Council should be given the ability to levy fines of up to €25,000 on publishers, while broadcasters such as RTÉ should be eligible to join it.

FINANCIAL TIMES

- The Financial Times also leads with Donald Trump's defence of his restrictions on entry to the US, adding that the measure has provoked protests from tech industry leaders such as Facebook's Mark Zuckerberg.

- The FT says salaries commanded by MBA graduates after three years back in the workplace have increased by the largest amount since the financial crisis. Business school alumni from the top 100 courses in FT rankings were paid an average of $142,000 in 2016, up from $135,000 in 2015.

- In companies news, the paper reports that Goldman Sachs chief executive Lloyd Blankfein warned British prime minister Theresa May at a meeting in Davos that European financial centres could challenge London unless more priority was given to the City in Brexit negotiations.

- The FT says some Ryanair and EasyJet shareholders could be ordered to sell their stakes to EU nationals after Brexit if airlines are forced to use drastic legal powers in a scramble to comply with EU foreign ownership rules. The paper says both airlines have provisions to force investors to sell, should they fail to lift their EU shareholder base above the required 50 per cent after Brexit.

IRISH INDEPENDENT

- The Irish Independent says children's minister Katherine Zappone is demanding a review of the legal implications for Ireland of Donald Trump's order, saying Ireland should be prepared to withdraw permission for US immigration officers to operate in Irish airports.

- The paper says pressure is growing on Leo Varadkar and Simon Coveney to force Taoiseach Enda Kenny to give a timeline for his departure after the "hugely embarrassing" row over whether Fine Gael could do business with Sinn Féin.

- The Irish Independent carries an interview with National Transport Authority chief executive Anne Graham, in which she says there are plans to have outsourced 10 per cent of Dublin Bus and Bus Éireann services by the summer, with six companies on a shortlist to operate Dublin Bus services.

- In business, the paper says sales at the company behind the One4All gift card brand surged by more than a fifth last year, boosted in part by firms giving bonuses to staff in the form of vouchers.

IRISH EXAMINER

- The Irish Examiner says several Fine Gael TDs have told the paper it is time for a full-time Brexit minister, potentially at senior Cabinet level, to be considered in order to best protect Ireland's interests.

- The paper says the Dáil's spending watchdog is to investigate how the taxpayer ended up paying €10.5m for land which sold for €4m less just over a year before. The land on the outskirts of Galway city was sold to developer Sawgrass Property Ltd in late 2006 before being sold to Galway City Council a year later. It is being lined up to become the most expensive halting site in the country.

- The Examiner says Brexit-hit farmers and food producers will be able to access a financial lifeline under plans for a €150m emergency fund to be announced by Agriculture Minister Michael Creed today. The low-cost loan scheme will allow food producers to potentially borrow up to €150,000 over six years.

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