Economics | Business Post

Aidan Regan: The truth is that nobody knows what will or won’t work to end this inflation crisis

Governments and central banks are desperate for a silver-bullet solution to the current inflation crisis, but increasing interest rates is unlikely to make much difference – except to engineer yet another recession

Meet Ray Dalio, the corporate contrarian who’s ‘shorting Europe’

The founder of Bridgewater is the archetypal hedge fund creator: white, well-educated and idiosyncratic. Right now, the firm is shorting on some of Europe’s biggest companies, among them Adidas and Siemens, Bayer, BNP Paribas and Sanofi. But why?

Major new economic summit planned for Mayo

More than 300 global leaders, key decision-makers, thought leaders and heads of industry will be invited to the annual event in Ballina

Labour shortages and wage hikes ‘will affect economy from next year’

Economist Kieran McQuinn of the ESRI has warned that the national unemployment rate will fall to 4% next year, fuelling sharp wage increases

Inflation once again: As prices and tensions rise, can the government prevent a winter of woe?

Amid a cost of living crisis not seen in decades, economists are counselling caution as the opposition demands decisive measures to lessen the pain

Dan O’Brien: Census confirms that reports of the death of rural Ireland are greatly exaggerated

While the populations of other European countries are declining, Ireland is bucking the trend with every one of the 26 counties recording growth far in excess of the EU average

Business Post's View

Editorial: Rather than collapsing, the stock market is correcting to reflect normality

The post-pandemic bounce has not materialised, but the current slide in share prices is not a doomsday scenario – just a bubble bursting

Ian Guider: Debt and inflation are lurking as the ECB withdraws its safety net

Ireland’s national debt could become a problem again, just as the European Central Bank starts to bring an end to quantitative easing and its financial stimulus packages

Housing plans at risk as cost of building materials continue to soar, Central Bank warns

The regulator says mismatch between the demand and supply of homes is pushing prices to new highs, while rents are increasing at fastest rate in six years

Northern Ireland Protocol

Brinksmanship or battle stations: Who has the most to lose in a UK/EU trade war?

At a time of soaring inflation and slowing growth in the Irish, Northern Irish and British economies, a trade war between London and Brussels is the last thing anybody needs but fears are growing that it could still happen

Aidan Regan: Tories’ Brexit games aim to distract from Britain’s dwindling finances

Boris Johnson and his Conservative Party colleagues know they have made Britain poorer, more bureaucratic, more unequal and more expensive, that’s why they are reigniting the Brexit fight by ripping up the NI protocol

Ireland’s economy exposed as global outlook tightens – Central Bank

CBI warns high levels of inflation eroding consumer spending power and business profit margins

Rainy day fund could be restored to budget to store corporate tax receipts

The OECD has warned that inflation could be exacerbated if the government continues to spend billions of euro of extra tax paid by companies in recent years

Dan O’Brien: Export earnings don’t tell full story of Ireland Inc’s reliance on tech and pharma

Ireland now earns more from exports than Italy, a G7 economy – but multinationals are massive earners for us, which may leave us vulnerable

John Walsh: Influx of Ukrainian refugees shows why the government must intervene in the housing crisis

Serving as a safe haven for those fleeing Russia’s tyranny is the right thing to do and can bring economic benefits, but it’s heaping pressure on the government to address key structural deficiencies

Aidan Regan: Ireland needs to stop relying on phantom corporate taxes

Last week’s Ifac report was optimistic about Ireland’s fiscal future, but rightly pointed out the danger of relying too much on the volatile global accounting strategies of multinationals

Ian Guider: Dangerous divide opens up between multinational staff and other workers

The widening fissure between domestic employers and multinationals represents a big threat to Ireland’s enterprise policy

John Walsh: We need a strong state to thrive, but will we ever get one?

Parties that favour making the rich pay for everything are undermining attempts to create the backbone of a healthy, inclusive democracy

Tax increases or spending cuts could be ahead, budgetary watchdog warns

Policymakers face ‘delicate balance’ of managing inflation, protecting poorer households and delivering on longer-term policies

Nouriel Roubini: Don’t bet on a soft landing for the global economy

The degree of monetary-policy tightening needed to bring inflation under control will inevitably cause a recession and higher unemployment in many countries