Every afternoon, TheJournal.ie brings you 5 things you need to know by 5 o’clock.

1. # ECONOMIC TREASON: The Green Party have announced a proposal to create a new Constitutional crime of ‘economic treason’.

The definition of ‘economic treason’ would be “actions that result in reputational damage for the country, an unacceptable economic cost, or a loss of economic sovereignty for the State.”

However, the proposal has exposed a growing rift between the Greens and coalition partners Fianna Fáil – who insisted that the suggestion was entirely “a Green Party proposal”. Fianna Fáil indicated that it was pursuing its own methods of tackling white collar crime.

2. # IRISH ECONOMY: The Irish economy grew between July and September, according to new figures released by the Central Statistics Office.

Gross Domestic Product (GDP) was up by 0.5 per cent for the third quarter, while Gross National Product (GNP) was also up by 1.1 percent – the first GNP growth since 2008.

The fact that both GDP and GNP are now showing positive growth means that Ireland is no longer is recession.

3. # JULIAN ASSANGE: A High Court judge has upheld a decision to grant bail to Wikileaks founder Julian Assange.

Assange was granted bail during a hearing earlier this week, but this order was quickly withheld after an appeal was lodged. Initial reports suggested that Swedish prosecutors had lodged the appeal, however it has since emerged that it was actually Britain’s Crown Prosecution Service.

The CPS said that this action was in accordance with usual practice for extradition cases and it believed Assange was a flight risk.

4. # IAN BAILEY: The High Court has begun to hear a details of a French extradition request for Ian Bailey, in order to question him about of the murder of Sophie Toscan du Plantier in west Cork in 1996.

Bailey claims that the order cannot be followed through because he is not a French citizen. His legal team have said that the French authorities have been playing “a game of cat and mouse” in trying to extradite him.

5. # TWITTER: The microblogging website Twitter has been valued at $3.7 billion (€2.8bn) after raising a further $200m in funding from venture capital investors.

Investment in the site is understood to have come in return for a 5.4 per cent stake in the company.

175 million people use Twitter, according to the most recently released figures.