Latest Ireland News
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US drugmaker Actavis buying Warner Chilcott in $8.5bn deal
WASHINGTON/ DUBLIN - Actavis Inc, the largest US generic drug maker by market value, is acquiring Dublin-based Warner Chilcott in a deal worth $8.5billion (5.6billion pounds) including $3billion net debt, to create the third-biggest specialty pharmaceutical company in the country. Under the deal, Actavis, which itself has been the subject of bid speculation, would be offering $5billion in ...
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Morgan Stanley India to sell wealth management arm to StanChart
MUMBAI - The UK based Standard Chartered (StanChart) Monday announced plans to acquire the Indian private wealth management business of US multinational financial services firm Morgan Stanley for an undisclosed amount as part of plans to expand operations. The acquisition is subject to regulatory approvals. "Standard Chartered India has agreed to acquire Morgan Stanley's onshore private ...
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Gardai investigating death of man on bicycle
A man in his 80s has been killed in a road traffic accident in Co. Kildare. The man was riding a bicycle when he was struck by a car on the Dublin Road at Clane on Sunday afternoon. The driver of the car, reportedly in his twenties, attended Naas Garda Station for questioning but left the station on Sunday night without any charges being laid. A post-mortem is expected to be carried out on ...
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Kenny in U.S. promoting Ireland relations
Taoiseach Enda Kenny has spent the weekend in Boston, Massachusetts furthering the strength of U.S. -Ireland relations. The head of Ireland's government attended a function on Saturday at the JFK Library to commemorate the 50th Anniversary of President Kennedy's 1963 visit to Ireland At the ceremony Kenny addressed an audience of U.S. lawmakers and representatives of the business ...
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Premier League Manager Association gives nod to Alex Ferguson
Manchester United manager Alex Ferguson was named the Premier League manager of the year and accepted the award from the League Manager Association Monday. Ferguson, 71, announced his retirement last week after 27 years at the helm transforming United into a great team with a record of 20 top-flight league titles. His 1,500th and last match in charge of United was a stunning 5-5 draw at ...
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Kevin OBrien says no specific plans against Pak spinner Saeed Ajmal
Irish all-rounder Kevin O'Brien, whose team will face Pakistan in the upcoming two ODI series at home, has said that Saeed Ajmal is a "tricky customer" as well as "one of the best spinners in the world", but have admitted that they have no specific plans on how to tackle Ajmal in the upcoming matches. The 29 year-old, who was also part of the side that knocked Pakistan out of the 2007 World Cup ...
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Man fined €750 for assaulting school principal
A man who assaulted a school principal in a row over the disciplining of his son has been fined €750 at Kilrush District Court in Co Clare. Martin James Tubridy, 55, of Quarry Vale House, Labasheeda, Co Clare, was convicted of assaulting school principal Liam Wolfe at the small rural school in Labasheeda in 2011. Tubridy was dissatisfied with the way his eight-year-old son was disciplined ...
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Apple saved billions in taxes using Irish subsidiaries
Apple CEO Tim Cook delivers the keynote address during the Apple 2012 World Wide Developers Conference (WWDC) at Moscone West on June 11, 2012 in San Francisco, California. As Apple CEO Tim Cook awakens Tuesday morning to prep for a hearing on Capitol Hill about corporate taxes, the lawmakers set to question him are armed with a report saying his company kept billions in profits in Irish ...
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Bank of Ireland reverses mortgage rate increase for 1200 borrowers
In February, Bank of Ireland told 13,500 customers on tracker mortgages it planned to increase the margin on their loans. Photograph: Luke ...
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Apple tax row Ireland says its tax regime is not to blame
Deputy prime minister Eamon Gilmore insists any loopholes in international tax rules exploited by Apple were 'issues that arise from other ...
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New UK power plants carry low risk for Irish people study says
The Radiological Protection Institute said that eight new nuclear power plants being built in the UK carry a very low threat to the health of Irish people. The group carried out a study of the potential risks of these plants during their day-to-day operations, and in the event of severe accidents taking place.It found that they hold a risk of one in 33 million per year. However, CEO of the RPII ...
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Scientists identify strain of blight responsible for potato famine
Scientists have identified a unique strain of blight which they believe triggered Ireland's potato famine in the mid-19th century.They have called the strain HERB-1.The deadly famine has been linked to a fungal disease called potato blight, which came to Ireland from Mexico.A team of molecular biologists from Europe and the US reconstructed the spread of the potato blight pathogen from ...
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Dundon applies to High Court for stay on murder trial
Limerick man John Dundon has applied to the High Court for a stay on his trial for the murder of Garryowen rugby player Shane Geoghegan.The 30-year-old with a former address at Hyde Road, called a judge at the Special Criminal Court a 'big fat pig' last week after the court ruled that his trial could go ahead as scheduled next month.The trial for the murder of 28-year-old Shane ...
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Barrister says proposed legislation will change law and create basis for ending a childs life
A lawyer has told the final day of hearings on the abortion legislation that the proposed law will legislate for the killing of babies. Lawyers and legal experts are appearing before the committee today ahead of it reporting back to Government. Retired Supreme Court judge Catherine McGuinness and pro-life campaigner Professor William Binchy will express their views.Barrister Paul Brady insisted ...
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Survivor recalls events as inquest into TitBonhomme tragedy opens
The sole survivor of the Tit Bonhomme tragedy off the west Cork coast last year has been giving evidence today at the inquest into the deaths of five men in the incident. The skipper and four crew members died when the trawler sank as it was returning to Union Hall at the mouth of Glandore Harbour in January 2012. The one man who survived - Abdelbaky Mohamed - has recalled being woken by a bang ...
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New northern Ireland prisoner ombudsman named
Tom McGonigle, a Criminal Justice Inspector, is to be the new Northern Ireland Prisoner Ombudsman.The 58,400-a-year appointment was confirmed today by the Justice Minister David Ford. Mr McGonigle takes over from Pauline McCabe at the beginning of next month.Mr McGonigle, 56, joined the Northern Ireland Probation Service in 1980 where he worked in a variety of custodial and community settings.He ...
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Search resumes at home of murdered former garda
Work on excavating the rear patio of a house where gardaí believe a murder victim may be buried has resumed in Cavan. The home at Cornaveigh near Bailieborough belonged to former detective garda John Kerins who was murdered there last November. Two men, both in their 30s, were arrested yesterday in connection with the fatal shooting. They remain in garda custody in Carrickmacross garda ...
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UK nuclear accident would have impact on Ireland
An accident at one of eight proposed new nuclear power plants in Britain would have a socio-economic impact on Ireland, a new study claims. But the report by the Radiological Protection Institute of Ireland found that even in the worst accident scenario, health effects on people living here would be limited. The study was commissioned by the Minister for the Environment, on foot of plans by ...
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Novice hurdlers stand out in 2012-13 Anglo-Irish Jumps Classifications
Jump racing has a collection of potential new star steeplechasers to sustain it in the post-Kauto Star era, according to ratings published on Tuesday. The sport can also take pleasure in a fine crop of novice hurdlers, promising high-quality action in the years to come.The news comes from the 14th annual Anglo-Irish Jumps Classifications, which offer handicap marks for the best horses that took ...
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New Prisoner Ombudsman for Northern Ireland appointed
Napoli president Aurelio De Laurentiis has played down suggestions he wants Rafael Benitez to be the club's new head coach and claimed the delegation that visited England on Monday was hoping to secure an exchange deal with Manchester City for Edinson ...
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Barrister contests Taoiseach claim
A leading barrister has rejected claims from the Taoiseach and Health Minister that proposed legislation to change Ireland's strict abortion regime does not alter existing ...
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Emigration story by far the most important of modern Ireland
Waterford cities put together. They amount to about 400,000 people. That's about the number of people who will be absent from the Republic of Ireland in 2026 if things continue as they are going. If emigration remains at the levels it has reached because of economic collapse and so-called austerity, the long-term effect will be ...
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Allowing abortion for suicidal women marks change in law committee told
Barrister Paul Brady says draft legislation creates for the first time a statutory basis in Irish law for what may be a direct and intentional termination of an unborn child’s ...
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Water treatment plant workers in Wicklow go on strike
Workers at a water treatment plant in Co Wicklow have gone on strike after management failed to refer a dispute relating to pay and shift premium payments to the Labour ...
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Smoking at home may kill as many as road traffic collisions
Smoking in the home can generate pollution six times higher than the World Health Organisation's outdoor recommendations. Photograph: Susana ...
Ireland Digest
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Is Ireland living beyond its means?
Ireland is highly developed and has experienced rapid and constant economic growth in the last few decades, with many calling the country the Celtic Tiger. But recent events in the world economy and the financial situation of Europe may mean changes are afoot for the Tiger.
Ireland is one of the most developed countries in the world and has a high tax high government service economic model, it has for the last few decades substantially reduced the socio-economic inequalities in the economy and had a Gini coefficient score of 30.1 in 2000 while The Economist says we have the best quality of life in the world. This has come at a cost though, government deficits are running at over 10% of GDP, public debt accounts for over 40% of all revenue generated in the economy and the Irish population has a debt level, in relation to disposable income, that is the highest in the developed world – our personal debt in 190% more than our disposable income. All this begs the question, are we living within our means or is Ireland’s economic model unsustainable? Read more
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