The government must make a decision on whether to scrap or retain the special 9% Vat rate for the hospitality industry imminently. Economic theory says it should be abolished and replaced with more targeted supports. Political reality, however, suggests otherwise.
The penny has yet to drop that the next five years will be much harder than the last five. All signs are pointing in the same direction.
Some companies have a big menu of potential investment opportunities. The menu is, in itself, worth a lot of money.
The latest edition of the Government’s climate plan marks a step change towards the decarbonisation of Ireland’s economy, but still lacks a clear narrative on expectations from business. Yet we can start to pull it together from threads in the hefty document’s various chapters.
The jury is now in. The shambolic collapse of FTX and the associated fallout has settled the argument. Cryptocurrencies are a nonsense. Regulators should have nothing to do with them. Neither should investors.
There is a lot to look forward to in the new GAA season, new managers, new structures and more personalities.
Peter Kinsella believes equities are in for a bumpy ride, inflation will fall, and the bond market will have a have a constructive year. In his annual outlook, he explains why.
Inflation is fundamentally the outcome of a deep distributional conflict between firms, workers, and taxpayers. It is the job of central banks to moderate that conflict without causing recessions.
Ireland today is not the same country that joined the EEC in 1973, and trade with the continent hardly qualifies as imports and exports anymore. The food and climate policy debate should reflect this.
Predictions are not usually accurate, but it's good to think things through nonetheless.
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