The Eurozone’s Dangerous Sovereign Debt Bubble – OpEd
By Raul de SagastizabalInternational media reported that the Italian 10-year bond yields exceeded 6.6 percent with a spread over the benchmark German bond of 400 basis points, a percentage too close to the 7% that triggered the debt bailouts in Greece, Portugal and Ireland.The Spanish bond y...
Read MoreIMF’s Lagarde Says Italy Reform Key To Reducing Eurozone Crisis
The chief of the International Monetary Fund said Saturday, November 12, that Italy's financial reform is key to reducing the impact of the eurozone crisis, and that no country is immune to the consequences if the efforts fall short.According to AP, after meeting in Tokyo with top Japanese finan...
Read MoreEx-Culture Minister Elected As New Ireland’s New President
Irish poet and human rights activist Michael Higgins has been elected Ireland's president for the next seven years.Election officials said Saturday that Mr. Higgins won nearly 57 percent of the vote in the final count.The 70-year-old former culture minister for the Labor Party defeated indep...
Read MoreThe Seven Dwarves In Action: The Irish Presidential Elections – OpEd
Elections are often affairs where the bored vote for the dull. The disaffected non-voter has become the set piece of elections the world over, and one is simply relieved to get an election that boasts some measure of colour.There was colour, and more dished out in large portions in the Irish pre...
Read MoreUS Indicts Two For Providing Support To Terrorists
Ali Charaf Damache, an Algerian man who resided in Ireland, and Mohammad Hassan Khalid, a Pakistani citizen and U.S. lawful permanent resident who resided in Maryland, have been charged with conspiracy to provide material support to terrorists in a superseding indictment returned Thursday in the Eas...
Read MoreIrish Hereditary Emphysema Rates Among Highest In World
Researchers from the Royal College of Surgeons in Ireland (RCSI), Beaumont Hospital, and Trinity College Dublin have conducted a study which has found that Ireland has one of the highest incidences in the world of a genetic condition that causes severe hereditary emphysema. The study raises the poss...
Read MoreHow To Rescue The Euro: Ten Commandments – Analysis
By Hans-Werner SinnThe Economist recently argued in its editorial column that the real cause of the crisis-stricken countries of the Eurozone is a lack of credibility, that these countries need fiscal stimulus to grow out of their problems, and that voluminous rescue programmes are needed to cre...
Read MoreIreland Aims To Be First To Exit International Bailout
Irish Prime Minister Enda Kenny says Ireland is aiming to be the first to exit its international bailout and resume financing its government operations on its own.Kenny told an international economic forum Friday in Dublin that Ireland is recovering and will soon no longer have to rely on foreig...
Read MoreThe Economics Of Happiness – Analysis
By Silvia FornoniIreland’s recent Quarterly National Household Survey may be evidence that happiness and economic hardship are not always mutually exclusive. The survey demonstrates that despite the deepening recession, record unemployment, and falling living standards; as many as four out of fi...
Read MoreGermany Approves Euro Bailout Increase
German lawmakers have approved a bill to increase the size of a bailout fund for struggling eurozone countries.The lower house of parliament voted to expand the fund to $593 billion on Thursday. The vote was seen as a key test of German Chancellor Angela Merkel's center-right coalition.The $...
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