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Just a note on policy from todays budget:
“But, membership of monetary union also means devaluation is not an option. Therefore the adjustment process must be made by way of reductions in wages, prices, profits and rents.”
That’s long-term adjustment policy. Up to 2014. More of the same on it’s way for years. And they say there was no vision presented today.
It was the ECB wot done it: Dick Roche takes the Fianna Fail defence to the pages of the Wall Street Journal Europe.
IRA members seek US Medicaid assistance? Only in conservative prank video.
HSBC to pay $US63 million compensation to investors in light-touch regulated Irish investment fund linked to Bernie Madoff.
Saudi Arabia thinks Batt O’Keeffe is still Minister for Enterprise (as of 15:50, 20 April) not Richard Bruton.
“When I am on holiday, I am not foreign minister.” It’s not just Ireland where ministers have blind spots about their connections.
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