Author: Practicenet

Oil prices rose today and were on track for their first weekly gain since early January as investors bet the economic impact of the coronavirus would be short-lived and hoped for further Chinese central bank stimulus to tackle any slowdown.  Brent crude was up 57 cents or 1% at $56.91 a barrel this morning It […]

The country’s export levels reached record levels last year, according to the latest figures from the Central Statistics Office.  More than €152.5 billion worth of goods were exported last year, an increase of 8.5% on 2018 and the highest total on record.  The CSO noted that the largest category of exports was medical and pharmaceutical […]

The Paris-based Organisation for Economic Cooperation and Development has said that Ireland’s population will age more rapidly than most other countries over the next 40 years.   In a survey on the Irish economy published this afternoon, it also warns that future changes to international corporate tax rules could lower the attractiveness of Ireland to […]

The Central Bank has said the economy is close to operating at full capacity and that any incoming government should follow a prudent fiscal policy and reduce the level of national debt. In its Quarterly Bulletin, the bank also highlights how exports of Irish goods are becoming increasingly concentrated in pharmaceuticals and computer processors. The economy […]