Analysis

Brexit Britain … where next?

London on Thursday was hammered with rain. Not just a few summer showers but full on downpours. Tube lines were flooded. Train lines were closed. Traffic ground to a standstill. The glass tower of The Shard building disappeared from view. Two polling stations in Richmond were moved due to flooding. It was, in retrospect, a dramatic backdrop to the decision of voters that day to end Britain’s membership of the European Union. The United Kingdom and the rest of the …

Britain votes to leave EU: What does it mean for Ireland?

Politically, socially and economically the decision of the UK to leave the European Union will have huge ramifications for Ireland, writes RTÉ Business Editor David Murphy. But the most immediate impact will be felt by Irish businesses and their employees. Sterling Sterling is falling rapidly against the euro and fell 8% in the hours after the result became clear. It is safe to assume sterling will remain very weak for a considerable period. That will make Irish exports to the …

The reluctant Taoiseach

Today is the 125th anniversary of the birth of a remarkable man, the third head of an independent Irish government, John A Costello. If you don’t know much about him, you’re not alone. He has been sadly overlooked, despite being Taoiseach twice, and serving longer in that office than any subsequent Fine Gaeler – although his record will be broken if Enda Kenny is still Taoiseach on 19 April next year. I have an interest to declare: I wrote a …

Microsoft’s purchase of LinkedIn – an inspired play or big gamble?

By Will Goodbody, Science & Technology Correspondent As takeovers go, Microsoft’s purchase of LinkedIn is pretty massive. In fact, it is Microsoft’s largest ever acquisition – and over the years it has bought quite a few other companies. The deal will see the software firm pay $196 per share for the professional social network. That’s a tasty 49.5 per cent premium on LinkedIn’s closing share price last Friday. Its shareholders must be rubbing their hands in glee. Last year LinkedIn’s …

Yanis Varoufakis comes to town. But did he help Greece?

Every year I make a point of attending the Dalkey Book Festival in Co Dublin, writes RTÉ’s Business Editor David Murphy. Run by economist David McWilliams and his highly-motivated wife Sian Smyth, the event has broadened from its literary origins to include a range of interesting speakers from the world of politics and economics. This year, one of the big name guests is the former Greek finance minister Yanis Varoufakis next Thursday. He is engaging, smart and controversial. This time …

Mario Draghi is a socialist (sort of)

OK, as an effort at click-bait this headline may not the most convincing, but now that I’ve got your attention, let me update you on this week’s Brussels Economic Forum (which definitely ain’t a click-bait term!), where investment was a recurring theme. The boss of the European Central Bank was able to step away from the usual lines about cross checks and five-year inflation expectations to look at some of the wider issues confronting the European Economy. In particular things …

Yahoo – it’s Fiscal Space time again!

So the economy is growing like topsy, the taxes are rolling in, the deficit and the government debt are falling rapidly, as is unemployment.  What could possibly go wrong? Well plenty, says the Fiscal Council – from Brexit, to a changed corporate tax regime in America, to simple lower growth, all of which could severely knock  what is still a rather delicate set of government accounts.  (They are too polite to mention the ever present risk of dumb-ass politicians making …

Last Days of the Flats – A 360º short documentary

How to best view the footage? You can view 360/VR footage on any desktop or smartphone. Here’s a few tips on getting the best experience on whichever device you’re using. Desktop If you’re watching via YouTube on a desktop or laptop, make sure you have the quality settings turned up by clicking the little ‘cog’ in the bottom right corner and opening ‘Quality’. Most broadband connections can handle the 1440s quality. Some can handle 2160s, which is almost cinema quality. …

(Dad) Dancing in the Dark

Since the weekend Springsteen concerts, there’s been a lot of criticism of the attendance of a somewhat divisive figure, turning up like an embarrassing uncle and sucking all the good out of the event for everyone else. If he likes it, how can I like it, many fans thought. But enough about Bono. Bruce invited him on stage, and that’s good enough for me. There was also some comment about the Taoiseach, whose enthusiastic dancing and air guitar skills were …

Growing anger in the Irish science and research community

By Will Goodbody, Science & Technology Correspondent In the early 1990s, Irish scientists were angry. Cutbacks in already reduced funding for research, inadequate grants for post-grads and a lack of resources for equipment led to a ground swell of resentment among the science community here. The Irish Research Scientists Association was formed and a lobbying campaign began. And when its voice eventually became loud enough, the government of the time started to take the concerns seriously. Almost of quarter of …