Economy | Business Post

Over 2,000 businesses have shut so far this year

A significant number of indicators show that Ireland could soon face a recession

International Monetary Fund warns ‘worst is yet to come’ as efforts to slow inflation raise risks

One third of global economy may tip into contraction next year, IMF warns

Central Bank says Irish economy could enter ‘technical recession’

Officials say they don’t expect a long-lasting economic slowdown

Former Steorn man McCarthy to build ‘zombie prepper compound’ in Wicklow

The bitcoin trader and failed ‘free energy’ mogul is to develop a €2 million self-sufficient home on rewilded land he has bought in the Wicklow Mountains

Gloomy outlook for consumer confidence, says new RedC research

The quarterly Consumer Mood Monitor has found that Irish people are deeply concerned about rocketing prices in all sectors of industry

John Walsh: Any Sinn Féin government must be mindful of the ‘trapped middle’ if the centre is to hold

Ireland’s challenges are dwarfed by upheavals around the world, but we do have to come up with a strategy to deal with our swiftly changing economic and political landscape – and gaining consensus will be key

‘Significant’ slowdown in house prices to come over next nine months

Increase in interest rates combined with overvaluation during pandemic will reduce growth rate of prices, according to head of the ESRI’s economics unit

Ibec revises forecast in face of Ukraine crisis

Economy expected to grow by 4.1 per cent, down from a previous forecast of 6.1 per cent

Inflation eased to 5% in January for first time in 14 months

Petrol and diesel prices rose by 29.5 and 32 per cent

Fiscal rules of EU were ‘drawn out of thin air’ — Nobel prize winning economist

Prof Joseph Stiglitz says growth and stability pact has ‘fundamental flaws’ and is counterproductive for the European economy

Exports hit record high of €165 billion in 2021

Trade between the Republic and Northern Ireland also dramatically increased in the year since Brexit

Ian Guider: Reasons to be cheerful as we weather a tough year

We may be back in Covid-19 restrictions hell, but the overall economy continues to demonstrate its resilience in the face of the pandemic

Economy sees rapid growth but labour shortages and supply chain issues loom — IBEC

The volume of global trade in 2022 is forecast to be 6% higher than the same period in 2019

Future of many thousands of jobs uncertain, warns Central Bank

About 320,000 jobs are still being supported by the pandemic employment wage subsidy scheme – which means uncertainty for those workers when scheme winds down

State won’t shy away from ‘difficult’ budget decisions, Donohoe says

Finance Minister says government cannot maintain spending at an ‘unprecedented and unsustainably high level’

Covid-19 and the Danish solution: ‘To get our society going, we are mostly using quick tests now’

Denmark’s experience shows a way forward for the Irish hospitality sector. But with Nphet strongly opposed to antigen testing and the notion of Covid-19 vaccine certs already proving controversial, what options are left?

Global corporate tax rate will not stop Ireland’s economic growth, Donohoe says

Minister warns that adapting to change in taxation rules will be complex and challenging

GDP growth projections to drop to 2.4% if Covid-19 restrictions remain past June

The Central Bank warned that the extension of public health measures into the second half of 2021 could mean dramatically reduced growth next year

Officials warned ministers of dire consequences of lockdown plan

Documents reveal the deep divisions between health and economic priorities as Nphet called for stricter health restrictions last October

Ian Guider: Amid the gloom, there are still reasons to be of good cheer

At the end of a wretched year, there are a number of signs indicating that Ireland can weather the economic storm