Browsing All Posts filed under »IRELAND«

IMF’s Sobering Warning to Countries in Greatest Debt if They Don’t Get their Houses in Order

June 18, 2011


“If you make a list of the countries in the world that have the biggest homework in restoring their public finances to a reasonable situation in terms of debt levels, you find four countries: Greece, Ireland, Japan and the United States,” [Jose Vinals, director of the IMF’s monetary and capital markets department] said. [AlJazeera] Europe […]

Peter King Opens Investigation into “Radical” Islam in the US; Dogged by IRA Past

March 10, 2011


Rep Peter King, R, NY, looks fairly fierce – just the kind of man to get on his horse and go out to fight fights for “peace, justice and the American way.”  But as he opened the Homeland Security Committee (he is Chair of the Committee) hearings looking into  the roots of radical Islam in […]

Irish Must Struggle With Austerity Budget 2010-2011. Gov. Jobs, Social Programs, Tax Reform Targets

December 7, 2010


The first distribution of bailout funds from the EU and the IMF will reach Ireland when agreed upon cuts in Irish government spending and new sources of revenue are codified in a draconian budget that is expected to pass.  It is the toughest budget in Irish history. In the US, a similar scenario (see more […]

Ireland Considers Huge EU Loan

November 18, 2010


The EU has offered Ireland the bailout it needs but does not want – at least right now.  It tells the EU that it will not need the money until next year. Issues of saving face and sovereignty surround the EU’s action and Ireland’s inaction. “It’ll be a large loan because the purpose of the […]

Get A Grip: Ireland’ Fiscal Crisis Will NOT Bring Down the EU –

November 16, 2010


Dire predictions of a collapse of the EU have swirled around utterances of the financial meltdown in Ireland.  But cool heads are emerging and speaking out: But despite fears that the crisis could bring down the euro, Ireland’s minister for European Affairs Dick Roche denied this morning that Ireland needed emergency financing. “I would hope […]

Peaceful End to Rachel Corrie’s Attempt to Breach Israeli Gaza Blockade

June 5, 2010


The IDF “tweaked” its tactics on approach to the latest ship trying to breach the Israeli Blockade of Gaza, the Irish-flagged  “Rachel Corrie.”  No helicopters were used in the actual boarding of vessel.  The outcome was peaceful.  Here is part of the Jerusalem Post report: Earlier reports had suggested that the Rachel Corrie had already […]

Ship Headed for Gaza Delayed: Official Reason Given but Could Mean Negotiations

June 4, 2010


Has Israel blinked?  Well, it has at least begun to talk with Tony Blair about alternatives to Israeli inspection of ships headed for Gaza. Israel’s Channel 2 television news reported Thursday that Prime Minister Benjamin Netanyahu had proposed to Tony Blair, the international envoy of the so-called quartet of Middle East peacemakers, that an international […]