Record heat withered crops, strained businesses and upended everyday life. It happened faster than anyone expected, write David Luhnow, Stacy Meichtry and Ed Ballard, The Wall Street Journal.
Ireland may not have any intergalactic space warriors, but it still has growth.
Spending €1bn a year on petrol and diesel subsidies is a lot, but this is just one of several billion-euro levers the Government has access to in the lead up to the budget – unless Ireland finally loses its immunity from successive international crises.
The impact of AI on jobs appear to be slight and slow – for now. Competition for workers between employers in the growing construction and hospitality industries is a bigger factor shaping Ireland's economy.
The Summer Economic Statement used to ringfence tax-and-spend plans for the next year. It now shows how fast they become out of date.
As he prepares to replace Keir Starmer as British prime minister, Andy Burnham has many of the right ideas – and a very narrow economic and political path to implement them.
The Government’s own plan is to increase budgetary reliance on windfall corporation tax receipts. Something has to give before it’s too late, its fiscal watchdog has warned.
The EU warns Irish State coffers depend on “a few individual companies”, as confirmed in new Exchequer figures for May.
The resilience of Irish SMEs to global shocks cannot be taken for granted. The glacial pace of policy responses should accelerate before a scenario reminiscent of the financial crises unfolds.
Personal taxes set at their current levels during the financial crisis are unfair – particularly when we examine what has been done with the resulting State revenues.
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