The Central bank outlook on the labor market Post-Covid is grim in every way: it is expected that unemployment will remain at an elevated level even after the restrictions have been eased and that up to 100,000 people will have permanently lost their jobs as a result of the pandemic. Eoin Burke-Kennedy reports.
Pressure from US President Joe Biden on a “global minimum” corporate income tax A quota of 21 percent is not a good sign for the long promotion of the 12.5 percent quota by the republic and the fact that the days as an investment calling card are becoming more and more numerous, writes Cliff Taylor.
Wall Street banking giant Goldman Sachs seeks to sell a portfolio of distressed Irish mortgages tied to 1,000 homes using a market window before banks are likely to have problems selling problem loans later this year. Joe Brennan reports.
Buyers are warned to take extra precautions in the run-up to Easter weekend, new figures from the Irish Banking and Payments Association show Online payment fraud is on the rise. In the first half of 2020, there were more than 143,000 counterfeit card transactions, according to Ciara O’Brien.
“The planet is yelling at us,” said US climate commissioner and former Democratic presidential candidate John Kerry at the summit of the International Energy Agency, for which he campaigned increased collective action to achieve net zero emissions. Kevin O’Sullivan reports.
Our Cantillon column skims one eye much-invoked Deliveroo, who invited customers who had signed up for their app to buy shares in the company before their IPO … just to make the London listing quickly cold on Wednesday.
In this week’s Tech Review, Ciara O’Brien writes that she doesn’t really need Garmin’s latest smartwatch. the Garmin Lilyto tell her that she could use some time off and maybe a yoga session or two. But it’s nice that someone notices …
And in her Net Results column, Karlin Lillington reflects on this the legacy of Ann Riordan, the first female executive director of Microsoft in Ireland, who passed away at the age of 73. Looking back on her own career as a technology woman, she writes that seeing Riordan in this role was a defining moment that proved that women could sit at the technology table too.
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