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  • strict warning: Non-static method view::load() should not be called statically in /home1/finfacts/public_html/sites/all/modules/views/views.module on line 879.
  • strict warning: Declaration of views_handler_argument::init() should be compatible with views_handler::init(&$view, $options) in /home1/finfacts/public_html/sites/all/modules/views/handlers/views_handler_argument.inc on line 745.
  • strict warning: Declaration of views_handler_filter::options_validate() should be compatible with views_handler::options_validate($form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/handlers/views_handler_filter.inc on line 589.
  • strict warning: Declaration of views_handler_filter::options_submit() should be compatible with views_handler::options_submit($form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/handlers/views_handler_filter.inc on line 589.
  • strict warning: Declaration of views_handler_filter_node_status::operator_form() should be compatible with views_handler_filter::operator_form(&$form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/modules/node/views_handler_filter_node_status.inc on line 14.
  • strict warning: Declaration of date_api_filter_handler::value_validate() should be compatible with views_handler_filter::value_validate($form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/date/includes/date_api_filter_handler.inc on line 578.
  • strict warning: Non-static method view::load() should not be called statically in /home1/finfacts/public_html/sites/all/modules/views/views.module on line 879.
  • strict warning: Declaration of uc_product_handler_field_price::options() should be compatible with views_object::options() in /home1/finfacts/public_html/sites/all/modules/ubercart/uc_product/views/uc_product_handler_field_price.inc on line 94.
  • strict warning: Declaration of uc_product_handler_field_weight::options() should be compatible with views_object::options() in /home1/finfacts/public_html/sites/all/modules/ubercart/uc_product/views/uc_product_handler_field_weight.inc on line 61.
  • strict warning: Declaration of views_handler_field_user::init() should be compatible with views_handler_field::init(&$view, $options) in /home1/finfacts/public_html/sites/all/modules/views/modules/user/views_handler_field_user.inc on line 48.
  • strict warning: Declaration of semanticviews_plugin_style_default::options() should be compatible with views_object::options() in /home1/finfacts/public_html/sites/all/modules/semanticviews/semanticviews_plugin_style_default.inc on line 232.
  • strict warning: Declaration of views_plugin_row::options_validate() should be compatible with views_plugin::options_validate(&$form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/plugins/views_plugin_row.inc on line 135.
  • strict warning: Declaration of views_plugin_row::options_submit() should be compatible with views_plugin::options_submit(&$form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/plugins/views_plugin_row.inc on line 135.
  • strict warning: Non-static method view::load() should not be called statically in /home1/finfacts/public_html/sites/all/modules/views/views.module on line 879.
  • warning: Creating default object from empty value in /home1/finfacts/public_html/sites/all/modules/views/includes/handlers.inc on line 653.
  • strict warning: Declaration of views_plugin_style_default::options() should be compatible with views_object::options() in /home1/finfacts/public_html/sites/all/modules/views/plugins/views_plugin_style_default.inc on line 25.
  • strict warning: Non-static method view::load() should not be called statically in /home1/finfacts/public_html/sites/all/modules/views/views.module on line 879.
  • strict warning: Non-static method view::load() should not be called statically in /home1/finfacts/public_html/sites/all/modules/views/views.module on line 879.
Ireland

Ireland

(February 2013) G-20 (Group of Twenty) finance ministers and central bank governors on Saturday at a meeting in Moscow backed plans to tackle massive tax avoidance by multinational firms. "We are determined to develop measures to address base erosion and profit shifting, take the necessary collective action and look forward to the comprehensive action plan the OECD will present to us in July," the final communiqué said.
(February 2013) Last week's agreement to restructure public promissory notes debt arising from Ireland's banking crisis, will yield annual savings for the Irish Exchequer of €800m through lower interest rate payments between this year and 2030.
(February 2013) Twitter, which was launched in 2006 has a current valuation of about $9bn, based on a recent offer for some of its shares while in 1986 when Microsoft went public at 11 years old it was worth just $778m - - $1.6bn today when adjusted for inflation. Venture capital firms are experiencing poor returns and fewer American companies have been going public since the tech stock bubble burst in 2000, and the drop is particularly pronounced for small companies. During 1980-2000, an average of 165 companies with less than $50m in inflation-adjusted annual sales went public each year, but in 2001-2011, the average has fallen by more than 80%, to only 29 small firm IPOs (initial public offering) per year. This week in The Irish Times, Deirdre Somers, Irish Stock Exchange chief executive, urged the Government to incentivise young Irish companies to go public, rather than selling out to trade players, as they seek to scale up their businesses. She also said the Government should consider listing State assets on the stock market rather than selling them via auctions or trade sales. The number of companies listed on the Irish Stock Exchange has fallen from 76 to 52 over the past decade. In 2007, the Irish Stock Exchange told Finfacts that it estimated that 60% of shares issued by Irish companies were foreign owned. 
(January 2013) Irish Economy:  The ESRI (Economic and Social Research Institute) says today that domestic demand remains very weak and is due to contract again in 2013 and 2014, though the pace of contraction is easing. Net emigration in the year to April 2012 was 34,400.
(January 2013) Ireland will soon sell bonds which will be part of the almost €770bn (more than $1tn) that will be raised by Eurozone governments in 2013. Meanwhile, the European Central Bank's (ECB) Outright Monetary Transaction (OMT) program launched in September, with a commitment to buy unlimited government short-term bonds led to extraordinary high returns in 2012, with Portuguese bonds yields increasing by 57%, Irish bonds by 29%, and Italian bonds returns rising by 12%.
(January 2013) Irish shares rose by a 17% average in 2012 and the overall ISEQ index returned to mid-1997 levels. Meanwhile, global shares rallied in 2012, outscoring commodities and bonds, with the help of central banks through purchases of bonds in the market, interest rates at the lowest since the Babylonian Empire and the commitment by Mario Draghi, ECB president, to do "whatever it takes" to save the euro.
(December 2012) Our website was down on Dec 22/23 because of emergency maintenance service on a server at our US hosting service.
(December 2012) The Irish economy in GDP (gross domestic product) terms grew slightly in the third quarter of 2012 while using the GNP (gross national product) measure, it shrunk again. GNP is generally a more reliable metric of Irish economic performance because it excludes the inflated profits of the multinational sector.
(December 2012) This year it was reported that the prevalence of those aspiring to be an entrepreneur in Ireland in the future was at a very low level (8.5%) in 2011, continuing the low levels observed in 2010. This is a significant change to the relatively high levels of previous years and placed Ireland behind the average across the OECD of 34 mainly developed member countries and the EU37. The belief that entrepreneurship is a good career choice was also much lower in Ireland than it is in other countries. We had many stories on entrepreneurship, entrepreneurs and startups in 2012.
(December 2012) Irish Budget 2013: Spending cuts and tax hikes in Wednesday's Budget will take 2% of GDP (gross domestic product) out of the economy in 2013. While implementing cuts in the health area in particular requires some political courage, reaching an annual budget target of 2.9% in 2015 is largely dependent on faith.