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looking beyond borders

foreign policy and global economy

Archive for the tag “Ireland”

Theresa May’s Brexit Breakfast Breakthrough

Throughout the negotiations, the EU has consistently been several steps ahead of Britain. Whereas the British cabinet has not even discussed the future relationship, Brussels has already prepared its position and is now issuing its negotiating guidelines. Indeed, Mrs May’s notion of Brexit red lines was always misconceived. Just as the EU sets the terms when countries apply to join the club, it also has the upper hand when a country decides to leave.

Read Here – The Economist

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UK Elections: Cameron Back In Downing Street

David Cameron has returned to Downing Street with the Tories having defied polls and won the general election.

Read Here – BBC

BBC

Big China Default Around The Corner?

Chinese company debt twice the size of Ireland’s economy will come due in 2014, spurring concern the nation is on the cusp of its first corporate bond default.

Read Here – Bloomberg

Oops…Watch Out For Those Taxes

Between 2008 and 2012, several of the developed world‘s most fiscally challenged nations (including the United Kingdom, Ireland and Spain) increased top personal income tax rates by an average of 8%. In the United States, the expiration of the Bush tax cuts pushed the highest federal income tax bracket to 39.6% from 35%.

Read Here – Wall Street Journal

Here’s A Quiz To Challenge You

How much do you know about terrorism?

Find out at – The Christian Science Monitor

Ireland And Its Tax Muddle

The Irish economy’s dependence on foreign multinationals is without parallel in the developed world. Foreign-owned companies account for a larger proportion of jobs – in both services and manufacturing – than in any other country in the 34-member OECD. Of the €177 billion earned from exports last year, 90 per cent was generated by non-Irish companies. And the lion’s share of business investment in high-tech research and development is made by these firms.

Read Here – The Irish Times

 

‘Europe’ Now Has a Soothing Ring to It?

Since Greece’s insolvent-grade financials first came to light, Europe has consistently and reliably emanated ripples of distress across the Atlantic. Recall the mini-panic of 2011, with its big selloffs in global markets. And periodic fears about the endearingly named PIIGS—Portugal, Italy, Ireland, Greece and Spain—sneezing their malaise onto France and beyond. Then there’s the latest bank-run-that-wasn’t out of Cyprus.

Read Here – Businessweek

The Surprising Global Shortage of Skilled Workers

Want to find a job? That’s not a problem if you are trained as a technician and looking for work in China or Brazil. Ditto for sales representatives, who are in hot demand in Taiwan and Hong Kong. In Japan, engineers won’t sit idle. Meanwhile, in Ireland, IT workers are needed. In the Netherlands, it’s laborers. Even with unemployment running at an historic high of 8.1 percent in the U.S., don’t worry if you are a plumber, welder, or electrician. There’s plenty of demand for your skills.

Read Here – Businessweek

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