Archive for the ‘Uncategorized’ Category

Markets News Afternoon: US recession fears hit markets; Dublin rises 5% after passage of State guarantee legislation for Irish banks

Sunday, October 5th, 2008

Markets news on stocks, currencies and oil.

Markets News Friday: European shares slightly down; EUR/USD rate falls to $1.38; Recession fears triggered plunge on Wall Street

Sunday, October 5th, 2008

Markets news on stocks, currencies and commodities.

Deposit insurance: A useful fiction

Sunday, October 5th, 2008

In deposit insurance we trust. Sort ofIN MAY The Economist failed to dispatch a correspondent to Tirana, Albania, to attend the opening function of the third International Deposit Insurance Week. That may have been a mistake. By this week interest in the technicalities of how to protect the cash the ...

Rethinking Lehman Brothers: The price of failure

Sunday, October 5th, 2008

The government must privately rue its hard line towards LehmanCONFRONTED by blaze after blaze in recent weeks, America's financial firemen have rushed to douse the flames—with one exception. Unable to persuade any rival to take on a battered Lehman Brothers, the government was left with a hard choice: spray ...

Friday Newspaper Review - Irish Business News and International Stories - - October 03, 2008

Sunday, October 5th, 2008

Principal news stories from the Irish Independent, ; Irish Times, Irish Examiner, Financial Times and New York Times.

Irish Economy: State bank guarantee tolls the death knell of the Celtic Tiger; Fairytale ends debunking the myths and exposing the reality of foundations built on quicksand

Sunday, October 5th, 2008

Irish Economy: Celtic Tiger RIP - The dramatic events in Dublin, early on Tuesday, September 30th, when the Irish Government agreed to issue a Sate guarantee underwriting the Irish banking system, tolled the death knell of the Celtic Tiger and definitively brought down the curtain on the remarkable 15-year period ...

Irish Pension Funds lose over a quarter of their value in just one year after worst month in a decade

Sunday, October 5th, 2008

;Irish Pension Funds: Financial markets went into freefall during September and a result, Irish pension managed funds fell by 8.3% on average, the worst monthly decline in over 10 years. Funds have lost over a quarter of their value in just one year. ;

Buttonwood: Weaken the sinews

Sunday, October 5th, 2008

Why it is risky to speak so plainly of impending doom“AND gentlemen in England now a-bed, shall think themselves quite lucky they are not here, because it's going to be extremely scary.” Had Henry V issued such a rallying cry before the battle of Agincourt, the English army might not ...

Markets News Afternoon: Shares rally in Europe and US; Citi may sue Wachovia over switch of partners; Wall Street Rescue Bill passes by 263-171

Sunday, October 5th, 2008

Markets news on stocks, currencies and oil.

United Drug says earnings for the year to September to show double digit growth; Value of medicines consumed in the Republic continues to grow strongly

Sunday, October 5th, 2008

United Drug plc today issued a Trading Update for the year to 30 September, 2008 and said that operating profit and earnings for the year are again expected to show double digit growth over the prior year. UD says these results should be in line with current consensus market expectations ...