Fianna fail needs to offer more substance – and work with the Govt to address health and housing

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By Eamon Delaney Fianna Fail got a small opinion poll rise recently, but sometimes you have to wonder about our second biggest party, and its focus and direction, not to mention internal discipline. Recently, for example, three of its TDs on the Public Accounts Committee (PAC) called for more disclosure of the President’s spending. But their party leader, Micheal Martin, … Read More

Multinationals obscure our strong indigenous performance

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By Cormac Lucey A century ago, the North was the economically advanced part of the island. This helped unionism mobilise against nationalism: opposing a united Ireland didn’t just involve rejection of Rome rule; it was also a renunciation of economic backwardness. In the ensuing hundred years, and particularly over the past 30 years, the relative economic situation has completely reversed. This … Read More

Hibernia Forum Celebrates World IP Day, Launches Open Letter to WIPO

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Dublin – World IP Day, Hibernia Forum in partnership with Property Rights Alliance, is proud to stand with content creators and rights holders around the world to fight for stronger, more effective intellectual property rights.  This year Hibernia Forum is especially proud to stand with women inventors and entrepreneurs, as stronger intellectual property rights helps incentivize greater participation of women in IP … Read More

We need a new Ray MacSharry, with steel, to enact reforms Ireland needs

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By Cormac Lucey Last week Danny McCoy, chief executive of the employer’s group Ibec, warned that excessive wage inflation could undo Ireland’s hard-won economic recovery. “Right now, we’re burning through our competitiveness in a way that’s more severe than during the Celtic tiger,” he asserted, pointing to evidence on his very doorstep. Rents on Baggot Street in Dublin 2 (where … Read More

Global forecasts are clear on one thing — an inflationary storm will drench us all

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By Cormac Lucey The Standard and Poor’s 500 index of American stocks continues to hit all-time highs. The index of Irish shares — the ISEQ — is at post-crash highs, hitting the level first reached in 2006 towards the very end of the boom era. Unemployment in Ireland has fallen to 6%, not far off the multi-decade low of 4% … Read More

With massive pensions liability ahead, Paschal’s sums simply do not add up

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By Cormac Lucey Three questions arise from budget 2018. The first is whether there is a fair balance between proposed spending increases and tax cuts, and in my view there isn’t. Government spending has been allowed to keep growing even in areas where it is already excessive. The health budget has risen by 4.6 per cent though spending per head … Read More