Bloomberg – International Monetary Fund Managing Director Christine Lagarde says she has more sympathy for deprived children in sub-Saharan Africa than for many of those facing poverty in Greece. Greek parents have to take responsibility if their children are being affected by spending cuts and “have to pay their tax,” Lagarde said in an [...]
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Written by Foras Teamhrach
Image Courtesy of Zero Hedge – http://www.zerohedge.com/news/eurusd-collapses-report-eurozone-considering-delay-greek-bailout Germany is now demanding that the “bailout” of Greece be extended until after April, that is, after the Greek elections. EURUSD plunged down to under 1.3070 on the news. Guardian UK: “According to Reuters, Germany, Finland and the Netherlands are leading the push to delay Greece’s bailout [...]
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Written by Foras Teamhrach
“The rhetoric coming out of Greece has reached a fever pitch. Papademos and Samaras are both out their creating dire images of a post apocalyptic Greek state if a default occurs. Maybe it is a good time to remember what Papademos’ job is. He wasn’t elected. He doesn’t represent the Greek people in a [...]
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Written by Foras Teamhrach
Minister Sherlock has stated that the wording of the controversial statutory instrument reinforcing online copyright laws will not be changed and would proceed. The Irish Government was “not trying to impose something here” and that comparisons with the SOPA legislation in the US were “not based in fact”, adding that the SI was merely [...]
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Written by Foras Teamhrach
Irish Times – Belgium’s first general strike since 1993 brought the country to halt today in an anti-austerity protest aimed at the government and EU leaders meeting in Brussels. Unions have called the general strike, Belgium’s first since 1993, over government plans to raise the effective retirement age along with other measures designed to [...]
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Written by Foras Teamhrach
Japan Times – “The government will not pay for free medical care to be provided for people aged 18 and younger in Fukushima Prefecture, reconstruction minister Tatsuo Hirano said Saturday. Free medical care in the nuclear crisis-hit prefecture would raise issues about the role of the national medical care system, and providing fresh funding [...]
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Written by Foras Teamhrach
Speaking to the Irish Times, Nobel Prize – winning economist Joseph Stiglitz has described the continued payments by the Government to unsecured bondholders as “unconscionable”. Ireland’s chances of cutting its way back to health were negligible he said, and its prospects were being compounded by German chancellor Angela Merkel’s austerity rhetoric. “Why should Irish [...]
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Written by Foras Teamhrach
555 public beds are to be closed in community nursing units this year. The HSE is to set out where savings of more than €700 million are to be made in 2012. Minister for Health James Reilly has approved a reworked service plan for the HSE. Minister of State for Health Kathleen Lynch stated [...]
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Written by Foras Teamhrach
http://en.wikipedia.org/wiki/File:Bees_Collecting_Pollen_2004-08-14.jpg “For the German chemical giant Bayer, neonicotinoid pesticides—synthetic derivatives of nicotine that attack insects’ nervous systems—are big business. In 2010, the company reeled in 789 million euros (more than $1 billion) in revenue from its flagship neonic products imidacloprid and clothianidin. The company’s latest quarterly report shows that its "seed treatment" segment—the one [...]
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Written by Foras Teamhrach
The British government has suffered a series of defeats in the Lords over its controversial welfare reforms. Planned restrictions on the employment support allowance, affecting cancer patients and the disable, were overturned by peers considering the Welfare Reform Bill. Source: http://www.bbc.co.uk/news/uk-politics-16522485?utm_source=twitterfeed&utm_medium=twitter
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