We can often mistake inflation for what is, in reality, profiteering. And with the ERSI forecasting a 8.5% spike in inflation, the government must tackle those who use it as an opportunity to gouge on prices.
The war in Ukraine shows the need to expose money laundering structures routed through Ireland by applying the “many eyes principle,” says Transparency International Ireland’s John Devitt.
Russia’s largest bank has sold its Irish aircraft leasing unit in the face of sanctions, with a new mystery backer appearing on its books. Meanwhile, Irish lessors threatened with the seizure of their Russian-based aircraft are combing through their insurance contracts.
Johnny O'Reilly reports from Odessa on the increasing desperation of Vladimir Putin as the Russian propaganda campaign continues on all fronts.
The food insecurity triggered by Russia's invasion of Ukraine will cause deep problems in Africa, where nearly half of the continent depends on Russia and Ukraine for food staples. Africa is already a new front in a new Cold War.
Commodity prices are rising and they are going to continue to rise over the coming months. Forward-looking Western governments should secure whatever critical supplies they need sooner rather than later – in this situation, it is better to panic early than to panic when it is too late.
EY and Grant Thornton are the registered auditors of Irish companies channelling multi-billion-dollar Russian interests, now targeted by international sanctions. They are severing ties with partner firms in Russia, but what will happen in Ireland is less clear.
Bill Browder's crusade against Vladimir Putin's kleptocracy has been relentless and fearless. As the world finally pays attention, he talks about his journey from financier to campaigner and Ireland’s role facilitating Russian money.
The Central Bank has calculated the Russian exposure of the Irish financial system. While the headline number is huge, it largely represents funds transiting through Dublin from overseas investors – including Russians themselves.
The invasion of Ukraine has triggered fresh economic sanctions against Russian interests. When it comes to moving money around the world, Ireland has become a hub of choice for companies and individuals based in Russia.
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