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GOOD MORNING.
Here’s all the news you need to know as you start your day.
1. Micheál Martin has said he does not think new gambling laws will affect the horse racing industry, amid concerns raised by the sector.
Minister of State for Law Reform James Browne has brought forward a bill which provides for the establishment of a gambling regulatory authority and is intended to protect children and those vulnerable to problem gambling.
2. At least nine people have died as bad weather hit the Australian eastern states of Queensland and Victoria.
Three men were killed after a boat with 11 people aboard capsized in rough weather in Moreton Bay off the south Queensland coast yesterday, police said.
3. The Government considered making the age of consent for gay people 21 years when it was planning to decriminalise homosexuality in 1993.
The age of consent for heterosexual intercourse at the time was, and still is, 17 years old.
4. Irish officials were discussing the existence and activities of the IRA mole codenamed ‘Stakeknife’ years before the double agent was publicly unmasked, and were assessing intelligence of British collusion in the killing of a man who had been wrongly identified as the agent.
5. Plans to free up an additional 12,000 rental properties from the short-term let market are back on track with government aiming to have the new regulatory system up and running by next summer.
6. John F Kennedy’s then wife Jackie Kennedy, rang the Irish Embassy in Washington DC from the White House just hours after her husband’s assassination in Texas to ask if the Defence Forces’ Cadets could play a role in his funeral.
7. Lee Sun-Kyun, a popular South Korean actor best known for his role in the Oscar-winning film Parasite, has been found dead in a car in Seoul, authorities said, after weeks of an intense police investigation into his alleged drug use.
8. Wind and rain warnings remain in place today as Storm Gerrit continues to sweep across the country.
A status orange rainfall warning is in effect in Kerry and West Cork where Met Eireann has said localised flooding is possible.
An orange wind warning is also in place in Clare and Galway, with the forecaster saying that coastal flooding is likely due to a spring tide.
9. Gerry Adams acknowledged in June 2001 that Sinn Féin needed to move away from “any association of violence” to stop attracting “head bangers” to the party, newly released documents show.
At the time, efforts were ongoing to get the IRA and other groups to decommission their weapons.
It has to come down at some point. The trends historically go up and down. Never permanently in one direction. All this talk of no recession, if one happens in the USA, there’s one here too. Economy is boiling over, costs of living are ridiculously high.
@Michael Mc Gee: GDP growth is just a relative measure compared to the previous year. We grew at over 10% in both 2021 & 2022, so it’s inevitable we will experience a “recession” unless we keep growing at those unsustainable rates. Just a technical recession.
@Michael Mc Gee: and a massive housing crisis to add to it all fueled by a tick government asleep at the wheel,get used to sofa surfing more is yet to come
Cost of living out of control in some sectors, price of fuel going up in a few days, the push to get people back to offices 5 days a week despite promised to make wfh or hybrid work which would help reduce costs on taxpayers and also take extra traffic off the roads, all going down where most of the promises of FFG go. The over reliance on FDI’s and the insanity of allowing this current government to giveaway surplus to win votes and then ride off into the sunset with their fat accounts and massive pensions for the next saps who get voted in, and laugh from the opposition benches when all their giveaways are having to be taken back cos they have helped cook this economy and drive the country closer to an actual full blown recession…..sure its all grand lads
@Tom Newell: I WFH full time since 2020. You just have to put your foot down – refuse long commutes, refuse to return to offices, quit your job. I did, twice, so that I could remain working from home. I live 1.5 hrs from my employers office, so returning to the office is never going to happen.
@MTB Mayo: If I was your employer I’d have sacked you.
@MTB Mayo: You are so lucky to be able to decide for yourself…if just a few become unemployed that could change. If you are based in Mayo thank your deity for the great turnaround in that lovely county. It’s really a short time ago when there was nothing in it except it’s beauty…then along came a certain James Horan and his band of volunteers.
@MTB Mayo: Great advice.
@Tom Newell: Over reliance of FDI? Ireland has few natural resources & is therefore reliant on an active workforce. No government policy can change this, unless we return to the 70s/80s when many people had nothing.
Investment is needed in order to make a workforce productive. As a (relatively) small economy, there is a need for international companies to bring this productivity.
Wouldn’t want to work for you anyway
@: I doubt you’d have the cop on to run a business
What happened in 2015 when the Irish economy “grew” by 25% was simply that Apple transferred all iPhone-related IP to Ireland. There was absolutely no increase in delivering products or services. Leprechaun economics indeed!
@Corey Dalton: Such is the opaque nature of these tax-related shenanigans that this fact did not become clear until a few years later.
@Corey Dalton: Gross = made up
We need a good recession to drive down the cost of everything. Completely gone out of hand.
@Lonely Are the Brave.: That would be great, except deflation is even worse than inflation. If people knew that the price of, let’s say building materials was going to get cheaper every month, sure then why bother doing anything, just sit tight, don’t spend anything and wait until the price hits the right level. That is how economic depressions start.
The lies are getting smaller
Funny how all this govt income is going down just before budget day
We all partied…
@brian o’leary: not that kind of recession
The government are laughing at us, with major international distractions and the egregious left agenda. Martin & side kick are screaming about the UN while our own victims are being trampled upon. Now they’re giving poor folk a Christmas present hoping it will shut them up while the economy is shrinking even though the multinationals are paying the wages for a majority in services and related economy and employment. The games are about to begin for Leprechaun economics and it’s not going to be pretty. We voted them in. We’ll pay the price because the fundamentals were ever only about one thing. Them.
It used to be called a recession.
If there was honest reporting of the state of the economy in the first place there’d be a much clearer picture, the manipulation of figures to create a positive image fools nobody involved in International Economics, we’re a laughing stock in the EU for the manner of unreliable and inaccurate economic reports issued by the government
The fundamentals are sound
I’m sure it’ll be a “soft landing”.
have your say