Economics | Business Post

Eurozone inflation finally slows in sign of hope for European Central Bank

Prices in Ireland increased an estimated 9 per cent in the 12 months to the end of November compared to a 9.4 per cent increase the previous month

Mild recession clouds gather with a low level of job losses

Most economic forecasters expect economies to stagnate next year but rates of joblessness are predicted to remain low

EU must put its money where its mouth is on Green Deal

US president Joe Biden’s Inflation Reduction Act should prompt Europe to switch its rules on state aid and subsidise clean-tech industries that will drive decarbonisation

British Politics

Lucinda Creighton: Tories will rue choosing comfort over England’s version of the American dream

Under Thatcher, the Conservatives were the party of aspiration – but now they favour older, wealthier voters who do not want their taxes spent on housing and health

Aidan Regan: How the Fed has gone from saving Ireland to putting on the squeeze

The engine that has powered our growth model since the financial crash is slowing, and there’s little the government can do about it – but the bigger question is whether we will see a sudden, big drop in the corporate tax take

Dan O’Brien: Long-term prospects for tech sector couldn’t be brighter, despite this blip

We are all living more and more of our lives online so the sector will bounce back and although it’s hard for those who have lost jobs, most should find their skills in high demand, and it could lead to a new wave of start-ups

John Walsh: With a downturn on the way, the government must focus on the things it can control

There’s not much Ireland can do about the growing list of threats to the corporate tax that we rely so heavily upon, but the government can try to avoid the mistakes of the past and keep a tight rein on spending

Irish companies ‘moderating growth plans due to economic headwinds’

Enterprise Ireland to tell politicians that Irish companies are facing a litany of issues including rising energy costs, inflation and currency fluctuations

Dan O’Brien: Mass migration is one of the great challenges of population growth

The UN expects the collective population of Africa and the Middle East to double by 2060, leading to an increasing exodus to Europe – but a recession could see the population dynamics change in Ireland

The Big Picture

Vincent Boland: Brazil needs more than Lula to bring it back from the brink

The new left-wing president leads a deeply divided country, with a stagnant economy and severely damaged self-esteem

Dan O’Brien: Everyone wins in the change to working from home– except the office owners

Workers are happier with less commuting, the environment benefits and employers save on costs, but owners of offices should be very afraid that the office rental sector is set to go the same way as retail

Aidan Regan: Frustrated renters are a political force to be reckoned with

There is very little data available on housing wealth inequality yet it plays a big part in politics – over 75 per cent of non-homeowners plan to vote for Sinn Féin and other left parties at the next election

John Walsh: It’s time Irish businesses got as much support as the FDI sector

With government spending increasing and our heavy reliance on corporate tax receipts, Ireland could be left exposed if a resurgent US Republican party were to follow through on Trump’s pledge to repatriate jobs from American firms operating abroad

Dan O’Brien: How much is post-Brexit ‘trade destruction’ costing this country?

Twenty months of trade data since Britain left the EU indicates that so far the news for the Republic is good – but it may not be set to remain that way

John Walsh: An ‘extreme right-wing government’ here? Sinn Féin’s claim doesn’t stand up to scrutiny

The Irish tax system is the most progressive in the European Union, housing policy is failing through ineptitude rather than lack of money aimed at it and being pro-business generates the wealth necessary to meet spending commitments

Dan O’Brien: Sinn Féin should heed the cautionary tale of Britain’s budgetary blunders

The policy-induced implosion of the British economy could easily be mirrored here if the next government was to play the populist card at the expense of fiscal responsibility

Aidan Regan: Britain’s self-inflicted woes may well be a warning sign of things to come in Europe

Europe might find itself in the same position as Britain if the ECB continues to pursue an aggressive quantitative tightening strategy

Dan O’Brien: Eurobarometer offers cold comfort to Ireland’s parties in government

Irish people are, surprisingly, more downbeat than many other Europeans about the economy, and there is a danger that excessive pessimism in Ireland will amplify the slowdown, making it deeper than it need otherwise be

Think-tank warns possible ‘full blown financial crisis’ in the UK could hit Ireland

The ESRI also said inflation will remain high during the winter

European inflation looks set to stay

The risk of recession looms over the continent as prices spike