From 18th-century linen to 21st-century tech, Ireland has thrived by aligning with global economic hegemons — first sterling, then the dollar. But as the US rethinks its global role, the island’s open economy may face its greatest test yet.
The company terminated its Dublin lease in December as it shifts its focus away from the European market. It has been gradually winding down the Irish base.
Intel’s new CEO Lip-Bu Tan said jobs cuts are coming and the rumoured figure is 20 per cent of headcount. Leixlip and its 5,000-strong workforce will surely be in the line of fire.
A lot of the talk about developing innovation in Ireland is superficial. That is why the detailed intervention by Dubliner Diarmuid O’Brien, innovation tzar at the University of Cambridge, is so fascinating.
Dubliner Diarmuid O’Brien oversees all innovation output at the iconic University of Cambridge. He speaks about building Europe's Silicon Valley, the short-lived closure of the NDRC, and the need to develop an indigenous tech sector.
Behind a veil of prudence, Government projections continue to forecast rapid growth in corporation tax revenue. For another week, they appear not to be wrong.
Since Intel opened its doors in Leixlip in the late 1980s, an ecosystem of international chip companies has bloomed in the country, booking significant revenue through Ireland.
The electorate might have returned the two main parties of government, but it is clear that “more of the same” will not suffice over the coming years.
EU-level rules on scrutinising investments from third countries will put the onus on Ireland to be more critical of FDI deals coming into the country.
The promises the three party leaders will discuss tonight are being largely funded by tax receipts from US corporations. And those receipts are under renewed pressure with Donald Trump's proposed tariffs.
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