Online shoppers face changes and charges post-Brexit
Online shoppers face changes and charges post-Brexit Consumer buying goods online from the UK face immediate changes with increased VAT and import tariffs when the package is delivered by An Post to their home in Ireland, if Brexit goes ahead at the end of October. On a visit to the An Post Mail Centre in […]
Growth slows in OECD countries; marked slowdown in UK & Germany
Growth slows in OECD countries; marked slowdown in UK & Germany Economic growth across the OECD area slowed to 0.5% in the second three months of 2019. That compared to growth of 0.6% across the organisation’s 36 member countries in the previous three month period. Among the major seven economies, GDP growth slowed markedly in […]
European stocks tumble on trade war blows
European stocks tumble on trade war blows Technology stocks led a tumble in European equities in early deals on Monday as investors fled from riskier assets after another exchange of blows by the United States and China over trade at the end of last week. US President Donald Trump on Friday hit back at a […]
ECB readies big guns as September rate cut beckons
ECB readies big guns as September rate cut beckons The European Central Bank (ECB) will deliver both rate cuts and will pump yet more money into the eurozone’s ailing economy next month. The disclosures came in the minutes of the ECB’s July meeting, the final one to be headed by Mario Draghi, who is credited […]
Multinational cash gives economy healthier glow
Multinational cash gives economy healthier glow NEW data from the Central Statistics Office shows how dependent the economy is on big multinational companies for growth and keeping the budget afloat. The “gross value added” by foreign multinationals last year was €127bn, up almost 14pc from 2017, while the remainder added just 3.9pc according to the […]