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Showing posts with label EU Commission. Show all posts
Showing posts with label EU Commission. Show all posts

Friday, June 17, 2016

Donie's Ireland daily news BLOG update

Ireland most expensive EU country due to taxes and retail, says academic

NEW DATA SHOWS IRELAND MOST EXPENSIVE COUNTRY IN EUROPE IN WHICH TO BUY ALCOHOL

   

IRELAND IS THE MOST EXPENSIVE COUNTRY IN THE EU IN WHICH TO BUY ALCOHOL, ACCORDING TO RECENT DATA.

An Irish academic says higher taxes, a different retail structure and market factors are the reason why Ireland is one of the most expensive countries in Europe.
Damien O’Reilly, a lecturer in retail management in DIT, told Morning Ireland that market factors tend to drive up the cost of food. He was responding to new data from Eurostat which show that Ireland is the most expensive country in Europe in which to buy alcohol with prices at 175% of the EU average.
On average the cost of food and non-alcoholic drinks in Ireland is 119% of the EU average, the fourth highest in the EU.
The EU’s statistics agency also said Ireland is the second most expensive for tobacco at 189% of the EU average, with only the United Kingdom higher at 218%.
Only Denmark (145%), Sweden (124%), Austria (120%) are more expensive.
In Ireland, bread and cereals (111% of EU average), meat (106%) and milk, cheese and eggs (128%) all cost above the EU average.
The data is based on a 2015 price survey covering 440 products across Europe.
Donall O’Keefe of the Drinks Industry Group of Ireland (DIGI) said the high price of alcohol in Ireland is directly related to the unfair excise rate and that this is a direct tax on jobs, tourism and consumers.
“Excise is a tax on jobs, it is a tax on tourism and it is a tax on Irish consumers,” he said.
The Eurostat figures also show Ireland had the second highest per capita GDP in the EU in 2015 at 145% of the EU average.
Luxembourg had the highest per capita GDP in the EU at 271% of the average, while Bulgaria (46%) had the lowest.
However, when it comes to Actual Individual Consumption (AIC) – which measures the material welfare of households – Ireland was at 95% of the EU average.
Mr O’Reilly said that the reason Ireland’s dairy products cost so much even though there is a large dairy industry here is because 90 per cent of the milk produced in Ireland is for export.
“A lot of it is then re-imported as finished product which drives up the cost,” he said.
He also said supermarkets in Ireland have higher margins than elsewhere in Europe and that Irish shoppers are attracted to brands when they could buy cheaper own brands.
He said Irish shoppers tend to go for “higher quality foods”

EU may rule on Apple tax case next month

EU FOUND AGAINST IRELAND IN INITIAL FINDINGS ON APPLE IN 2014

   

MINISTER FOR FINANCE MICHAEL NOONAN SAYS THERE IS SPECULATION THAT THE EUROPEAN COMMISSION IS TO DECIDE NEXT MONTH ON WHETHER APPLE’S TAX DEALINGS IN THIS COUNTRY BREACHED STATE-AID RULES.

Minister for Finance Michael Noonan says there is speculation that the European Commission is to decide next month on whether Apple’s tax dealings in this country breached state-aid rules.
“The speculation now is that the Commission may make a decision sometime in July,” Mr Noonan said in an interview with Bloomberg in Luxembourg. “But we don’t know that with certainty. It’s the general feel around Brussels that they’re walking toward a July decision.”
Initial findings by the commission in 2014 said that Apple’s Irish tax arrangements were improperly designed to give the iPhone and iPad maker a financial advantage in exchange for jobs in the country. In a worst-case scenario, JP Morgan analysts estimate Apple could end up having to pay a $19 billion (€16.7 billion) in back taxes, though the expectation is that any negative ruling would end up with a much smaller bill.
The Government has repeatedly said that it will appeal any negative finding to the EU Court of Justice.
In the past, Apple has said it doesn’t use “tax gimmicks”, while the Government has repeatedly said that no State-aid rules were breached in this case.

Jobs lost shock as receivers shut McCormack Stores in the North West

     

SOME 208 JOBS HAVE BEEN LOST AND 15 BUSINESS LOCATIONS CLOSED ACROSS THE NORTH WEST FOLLOWING A RECEIVERSHIP ORDER BY BANK OF IRELAND AGAINST MCCORMACK OILS.

The news that the stores at Leitrim Village, Drumshanbo and Manorhamilton had been closed down with immediate effect was met with shock and astonishment by staff and members of the public.
The receivers arrived at the 15 premises located across Leitrim, Cavan, Sligo and Meath on Monday morning after 10am.
It is understood the three stores in Leitrim were open as per normal when the receivers entered the premises and told staff to close the doors and proceeded to put up the closure notice and seize assets.
In the ensuing hours other staff members arrived at the doors to be informed they no longer had jobs and were handed letters of redundancy from the receivers.
A statement from Receivers to the Leitrim Observer said, “Grant Thornton can confirm that Aengus Burns and Michael McAteer have been appointed as receivers to Excol Oil Limited which operates ten filling stations across the North West, two oil distribution facilities (McCormack Fuels Limited, Sligo and Breffni Oil Distribution, Cavan) and McCormack’s car sales and garage businesses in Sligo.”
They told the paper, “Our first priority is to brief employees at all 15 locations and process their entitlements for redundancy. The receivers are making every effort to sell the various businesses.” It is understood they do not intend to re-open the businesses and are hoping to sell them as soon as possible.
The umbrella company operated filling stations in Drumshanbo, Leitrim Village and Manorhamilton as well as in Killeshandra, Belturbet and Virginia, Co Cavan, Athboy, Co Meath and more in Castlebaldwin, Carraroe and the Mail Coach Road, Sligo.
Staff who were not at work on Monday were called to the businesses and handed letters of redundancy. It is understood the offer is the statutory redundancy of two weeks pay for every year worked. The letter explained that Bank of Ireland has appointed receivers to the business and also outlined entitlements for social welfare payments.
The businesses employed many local people, including a number of couples and workers from the same family.
Staff told the Leitrim Observer they are “devastated” and that the news came as a “huge shock” as they felt local stores were performing well.
A spokesperson for Grant Thornton told the paper he was unaware if the owners had knowledge of the order for receivership before Monday morning, as sometimes they are not notified beforehand.
The McCormack Family were contacted for a comment but they declined to speak at this time. Security remains outside all stores this week.
Local people were shocked and annoyed at the closures with many calling it “sad news” on Monday.
On Facebook, locals poured out their sadness and disbelief. Kelly Hewitt Kelly said, “It’s bloody awful. My husband worked in Manor and they were just handed stupid letters and told they have no job at all – out, that was it terrible way to be treated – we have 4 young kids to think about.”
Noeleen Moffatt commented, “Terrible News for Leitrim Village and surrounding areas. Travel to Drumshanbo, Carrick-on-Shannon or Pauline Skeffington’s Shop in Drumboylan for essential items.”
Mar Kelly sympathised saying, “Terrible for the McCormack family and their loyal staff.”

About 15 minutes of exercise may lower death risk in elderly people

NEW STUDY FINDS

   

EXERCISING IS AS IMPORTANT FOR THE ELDERLY AS IT IS FOR THE YOUTH. A STUDY HAS FOUND THAT EVEN AS LITTLE AS A 15-MINUTE WORKOUT COULD DO WONDERS FOR THE ELDERLY AND DECREASE DEATH RISK.

The study, in fact, goes on to say that it may help them cheat death, by linking it to lower death risk among the elderly, which showed how exercising lesser than the recommended number of hours might help them.
The Tech Times, French researchers analyzed a group of 1,011 French individuals aged 65 in 2001 and were followed for 12 years. They also looked at a huge group of more than 122,000 people from an international cohort who were about 60 years old and were followed for about 10 years.
The team measured physical activity via Metabolic Equivalent of Task (MET) minutes every week, meaning calories spent per minute of physical activity. A MET minute every week equates to the amount of energy expended by sitting; recommended levels of exercise, for instance, are from 500 to 1,000 MET minutes a week.
It was observed that, during the study, as people exercised more, their potential death risk dropped considerably. Furthermore, those with low activity levels, recorded approximately 22% decreased death risk, while those with medium and high levels had 28% and 35% lower risks.
Tech Times interviewed study author and University Hospital of Saint-Etienne physician, Dr. David Hupin, who said that, “Age is not an excuse to do no exercise. It is well established that regular physical activity has a better overall effect on health than any medical treatment.”

Top professionals are twice as likely to marry as unskilled workers

A RECENT SURVEY REVEALS ‘MARRIAGE CHANCES’ BY CLASS WHICH DIMINISH RIGHT DOWN THE ECONOMIC SCALE?

     

THIS IS THE FIRST TIME SUCH DATA LOOKING AT THE GAP IN “MARRIAGE CHANCES” BY CLASS HAS BEEN BROUGHT TOGETHER IN IRELAND.

Highly paid processionals are almost twice as likely to be married as unskilled workers, a report published this morning finds.
Some 65.7% of adults, aged 18-49 in the best off groups, were married at the end of last year, while 31.8% of the same age in the least well off group were married, notes the study, Mind the Gap, published by the Iona Institute Christian think tank.
The report also shows the likelihood of marrying diminishes right down the economic social scale, apart from in the second least well off group, which are described as “process, plant and machine operatives”.
Some 53.6% of adults in this class were married, according to the report which draws on data contained in the Central Statistics Office’s Quarterly National Household Survey from the end of 2015.
This is the first time such data looking at the gap in “marriage chances” by class has been brought together in Ireland. The findings reveal a phenomenon replicated in other western societies. It is an issue which receives much discussion and scrutiny in the United States.
This study maps likelihood of marriage by area, in Dublin, Cork and Galway cities, showing huge variations aligning by levels of prosperity or disadvantage.
In Dublin marriage rates range from highs of up to 59 per cent in Clontarf and Rathgar/Terenure to as low as 19% in north and south inner city.

WORST CHANCES

In Cork, they range from 60% in Ballinlough, to 17% in Shandon, Gilabbey and South Gate, while Galway adults with the best prospects of marriage are those in Rockbarton, Knockacarragh and Taylor’s Hill where rates are up to 53%. Galwegians with the worst chances are in Nun’s Island and St Nicholas, with rates as low as 19%.
Prof Patricia Casey of the Iona Institute said the inequality in access to marriage were “deeply concerning”. She said those entering marriages had better social and economic prospects, while children in lone parents households were at the greatest risk of poverty.
The Institute said it was publishing the report in the hope of sparking a debate on why some groups were not marrying.
Marriage, she said, was one of the greatest bulwarks against poverty and yet those in poverty had far less access to it.
“Why is it that the better off a person is the more likely they are to be married? Social disadvantage clearly diminishes a person’s chances of marrying and not marrying in turn increases the odds of remaining socially disadvantaged, It’s a vicious circle and one which obviously affects children.”
Irish society had shown it believed the gay and lesbian community should have access to marriage. So too should the poor, said Prof Casey.
The increasing proliferation of low-paid, insecure jobs at the lower end of the economic scale undoubtedly had an impact on people’s sense of their financial ability to enter into marriage, she added.
“There are also disincentives to marry built into the social welfare system . . . It can be more financially advantageous for two people on social welfare to remain single than to marry.”

Gravitational waves detected for the second time

Scientists spot ripples in space-time caused by two colliding and merging black holes
   

AN ARTIST’S RENDITION SHOWS TWO BLACK HOLES 14 AND 8 TIMES THE MASS OF THE SUN JUST MOMENTS BEFORE THEY COLLIDED AND MERGED TO FORM A NEW BLACK HOLE 21 TIMES THE MASS OF THE SUN.

Gravitational waves, ripples in space-time predicted by Albert Einstein a century ago, have been detected for the second time, scientists have announced.
An international team spotted the phenomenon on St Stephen’s Day but has only now made the news public.
As with the earlier detection in September 2015, the source was found to be two colliding and merging black holes unleashing titanic forces.
The event, some 1.4 billion light years away, caused a quantity of energy roughly equivalent to the mass of the Sun to be converted into gravitational waves.
After travelling an unimaginable distance across space, the waves were “captured” by the twin Ligo (Laser Interferometer Gravitational-wave Observatory) detectors located in Livingston, Louisiana, and Hanford, Washington, US.
Team member Dr Stephen Fairhurst, from Cardiff University, said: “This event heralds the true beginning of gravitational wave astronomy and the opening of a new window on the universe.
“The different masses and observable spins that we witnessed in the Boxing Day event show that we’re starting to collect vital information about the population of black holes that exist in the universe.
“Future gravitational wave observations will allow us to understand how black holes form from the death of massive stars, and test whether they are really as predicted by Einstein’s theory.”

THE THEORY OF GENERAL RELATIVITY?

Gravitational waves are predicted in Einstein’s Theory Of General Relativity, which shows how gravity arises from mass curving space and time.
They are ripples in space-time that propagate as waves. Anything in their path, from humans to whole planets, is made to stretch and compress slightly as the fabric of space-time is distorted.
Each of the Ligo detectors, consisting of an incredibly sensitive system of mirrors and lasers, is also made to “wobble”. But the effect is really tiny.
The amount of movement is thousands of times smaller than the width of the nucleus of an atom.
Scientists hope gravitational waves will offer a completely different view of the universe, allowing them to study events that might be hidden from traditional optical and radio telescopes.
An illustration of this was seen in results from the December 26th detection, presented at the annual meeting of the American Astronomical Society in San Diego, US.
By analysing the signal, the scientists were able to tell that the colliding black holes were 14 and eight times more massive than the Sun.
They orbited each other at least 27 times before merging into a more massive spinning black hole 21 times the Sun’s mass.
Using two detectors spotting the waves 1.1 milliseconds apart made it possible to determine the source’s rough position in the sky.

‘KEY QUESTIONS’

Prof Sheila Rowan, director of the University of Glasgow’s Institute for Gravitational Research, who took part in the discovery, said: “We know from this second detection that the properties being measured by Ligo will allow us to start to answer some key questions with gravitational astronomy.
“In future we will be able to study this and better understand cosmic history, aiming to fill in the ‘missing links’ in our knowledge.”
The findings have been accepted for publication in the journal Physical Review Letters.
Dr Chad Hanna, from Pennsylvania State University in the US, who co-led the detection team, said: “We now have far more confidence that mergers of two black holes are common in the nearby universe.
“Now that we are able to detect gravitational waves, they are going to be a phenomenal source of new information about our galaxy and an entirely new channel for discoveries about the universe.”
The Ligo Scientific Collaboration consists of more than 1,000 scientists from 17 countries.
Each Ligo site has two tubes, both 4km long, arranged in an L shape.
A laser is beamed down each tube to monitor very precisely the distance between mirrors at each end.
If a gravitational wave is present, it will alter the distance between the mirrors by a minute amount.     

Wednesday, September 19, 2012

Donie's all Ireland news BLOG by Donie


EU commission release an additional €1.7bn in loans to Irish Government under bailout scheme

  
The EU commission have now cleared the release of another €1.7 billion in emergency loans to the Government under the bailout scheme.
The disbursement brings to some €36.7 billion the total amount of European loans released to Ireland since the EU-IMF-ECB programme began in late 2010.
The latest payment includes €1 billion from the funding stream controlled by the European Financial Stability Facility, owned by euro-zone countries, and the European Financial Stability Mechanism, which is operated by the EU Commission.
A further €700 million comes from the bilateral loan scheme through which Britain, Sweden and Denmark are contributing to the bailout.
The latest payments follow the summer review of the Ireland’s bailout performance by the EU-IMF-ECB “troika” which was carried out in July.
That review, which went to finance ministers last weekend, found the programme is on track despite a challenging domestic and external backdrop.
The commission’s report, details of which were published last month by The Irish Times, said downside risks to the programme have increased, mainly due to “growing headwinds” in the economies of Ireland’s main trading partners. It called for “better targeting of the social support schemes” and said there should be a “further broadening of the tax base”.
This would help mitigate the adverse impact of the necessary consolidation on growth and the most vulnerable, it added.
“More needs to be done to alleviate or eliminate work disincentives and unemployment traps caused by some features of Ireland’s benefits system (eg, the broadly flat and open-ended unemployment benefits that do not diminish with the duration of the unemployment spell) and the recent move to de-couple housing support from unemployment status should be further advanced.”
However, the Commission said growth would depend in the near-to-medium term on export demand and performance.

Asylum children in refugee centres in Ireland ‘in extreme poverty’

 

An asylum-seeker pictured in the Globe House reception centre in Sligo.

A damning report on the plight of children in the State’s asylum process suggests many families are living in circumstances of extreme poverty in overcrowded accommodation with inadequate food.

The report, published today by the Irish Refugee Council (IRC), paints a grim picture of the State’s system for accommodating asylum seekers, known as direct provision.
It documented frequent instances of malnutrition among children and expectant mothers as well as illnesses related to diet among babies and young children.
The study, which reviewed the provision of direct accommodation in Ireland over the past decade, highlighted cases of weight loss among children and hunger among adults because of strict family rationing.
In one case, a reception centre in Co Mayo stipulated that once a child reached six months, no more baby or toddler foods would be provided and the children would only be supplied with food “consistent with the rest of the residents”.
The report found that, in many instances, asylum-seekers and their families were subject to severe levels of overcrowding, with many families confined to single rooms for long periods. In one case, a family of five was confined to single room, with three children made to sleep in one bed, despite repeated complaints.

Irish scientists invent technology (nano-science) to keep the fizz in our beer

  
Irish scientists invent technology to keep the fizz in beer

Multinational brewing company SABMiller is to invest in a project at Trinity College Dublin’s CRANN that will see nanoscience used to develop a new material to prolong the shelf life of beer in plastic bottles.

The project, led by Prof Jonathan Coleman and his team at CRANN, have used nanoscience to create a new material that when added to plastic bottles makes them extremely impervious.
As a result, oxygen cannot enter and neither can carbon dioxide escape – as a result preserving the taste and fizz.
The team will exfoliate nano-sheets of boron nitride, each with a thickness of about 50,000 times thinner than one human hair. These nano-sheets will be mixed with plastic, which will result in a material that is extremely impervious to gas molecules. The molecules will be unable to diffuse through the material and shelf life will be increased.
As well as increasing the shelf life of the beer itself, less material is required in production, reducing cost and environmental impact.
The technique has been published in the journal Science.

IRELAND IS SIXTH IN THE WORLD FOR NANO-SCIENCE

“This partnership with SABMiller highlights the applicability of nanoscience and its relevance to everyday products,” Dr Diarmuid O’Brien, executive director, CRANN, explained.
“Improving every consumables, from our lighting, our cars, our electronic devices, medicines, clothing, and food and drink, is being researched by nanoscientists worldwide. Ireland is amongst the world leaders in this area, ranked sixth globally for materials science.
“Because of the work like that of Prof Coleman and his peers, last year CRANN received over €5m in non-Exchequer funding to progress research projects. Companies worldwide, like SABMiller, are taking notice. We are delighted to partner on this exciting project and look forward to its results,” O’Brien said.

Ireland’s children’s referendum now set for November 10th 2012

  
Taoiseach Enda Kenny and Minister for Jobs Richard Bruton on their way to a Jobs announcement for Electronic Arts in Galway today.
Mr Kenny told the Dail this afternoon the wording of the Children?s Referendum would be published tomorrow.
The children’s referendum will be held on Saturday, November 10th, the Taoiseach told the Dáil today.
Enda Kenny told the House he would announce the wording of the referendum tomorrow and also name the Referendum Commission chair.
He said he would brief Opposition leaders tomorrow in advance of the wording being published.
Mr Kenny said Minister for Children Frances Fitzgerald would also publish the Adoption Amendment Bill tomorrow
The Taoiseach said the Government was “committed to ensuring the Irish people have all the information they need to make an informed decision”.
He said the Referendum Commission would be well-resourced. “The protection of children is an issue that concerns us all,” he said. “Numerous reports over many years have called for dedicated constitutional provisions for children.”
Mr Kenny said the referendum proposals, when combined with other reforms to improve child protection and welfare services, represented an historic step forward. He pointed out that there had been good co-operation on a cross-party basis about the issue over many years.
Fianna Fáil leader Micheál Martin said the Taoiseach should have consulted the Opposition before making the announcement. It would have been “common courtesy”, Mr Martin said, particularly on an issue pertaining to the amendment of the Constitution and it was “proper parliamentary procedure”.
Meanwhile, Ms Fitzgerald said the referendum would be one of the most significant in the history of the State.
“I am very pleased by the decision of Government to hold this historic referendum on a Saturday,” she said in a statement..
“This referendum proposes a child-centred change to our Constitution and I think it is only right that we are taking a similar, child-centred approach to the holding of a Referendum, by naming a Saturday as polling date.”

‘Clear & robust’ wording is needed on Ireland’s children’s rights amendment

   
Children’s Minister Frances Fitzgerald.

The proposed children’s rights amendment to the Constitution will be “a strong robust article designed to enhance the constitutional protection of children from abusive situations”, Government sources said last night.

The wording agreed at Cabinet yesterday – and to be announced today – would, if approved by the electorate, “provide a clear instruction to judges from the Constitution to place a much greater focus on children”.
This would particularly include “the interests of children in cases that affect the critical elements of their lives”.
The referendum will take place on Saturday, November 10th, when, as usual, much of the balloting throughout the State will take place on school premises.
“It means children don’t have to be taken out of school,” a Government source said.
The wording is to be based on the “core principles” of the text published by the Joint Oireachtas Committee on the Constitutional Amendment on Children in February 2010. In particular, it is expected to contain five elements in a single article. The first would recognise the natural and imprescriptible rights of children.
The second would be similar to the current article 42.5, which the amendment proposes to delete, relating to the State supplying the role of the family in exceptional cases. It is expected to contain a form of words making clear this intervention can take place irrespective of parents’ marital status.
The third element is likely to provide for the adoption of children whose parents, again irrespective of marital status, have failed for a period of time prescribed by law in their responsibility. It will also allow for voluntary placement for adoption, meaning married parents can consent for the first time to having their children placed for adoption.
The fourth part is expected to say the best interests of the child must be a “paramount” consideration in judicial and custody proceedings. The fifth element is expected to say that in such proceedings the views of children must be heard and taken into account, having regard to the child’s age and maturity.
Taoiseach Enda Kenny and Minister for Children Frances Fitzgerald will brief Opposition leaders on the wording in meetings this morning, with a view to achieving all-party consensus.
Fianna Fáil spokesman on children Robert Troy said: “We are still waiting to see the exact wording of the changes proposed for the Constitution, but I welcome the fact that there are indications that the wording will be along the lines of that agreed by the all-party committee during the last Dáil.”
Sinn Féin’s Caoimhghín Ó Caoláin said his party was “disappointed we did not have prior sight and a longer opportunity to evaluate the Government’s proposed wording”. However, Government sources said changes could be proposed in the Oireachtas debate on the legislation.

A Good night’s sleep is important & can help you to lose weight

  

Getting a good night’s sleep is just as important as diet and exercise when trying to lose weight, Canadian scientists have claimed.

There is a growing body of evidence that a lack of sleep enhances hunger signals in the brain and increases levels of hormones which affect our appetite, causing us to eat more
A variety of studies suggest that getting at least seven hours’ sleep every night can significantly improve the chance of losing weight while on a diet.
There is a growing body of evidence that a lack of sleep enhances hunger signals in the brain and increases levels of hormones which affect our appetite, causing us to eat more.
Writing in the Canadian Medical Association Journal, researchers said sleeping habits ought to be addressed along with diet and physical exercise in programmes designed to help obese people lose weight.
In one recent experiment, they found that people who shifted their sleeping pattern from less than six hours to between seven and eight hours a night put on 2.4kg less weight over a six-year period.
  A shorter 17-week study of 123 overweight and obese people showed that people who slept for longer and had a higher quality of sleep were more likely to become slimmer while on a diet.
In another recent study by a separate team, participants were allowed to sleep for either five and a half or eight and a half hours each night for two weeks, while eating a low-fat diet.
The experiment showed that the lower amount of sleep resulted in stress which caused participants to burn off muscle while storing their body fat.
Compared with those who slept for eight and a half hours each night, the sleep-deprived group lost 55 per cent less body fat and 60 per cent more muscle over the two week period.
The researchers, from the Eastern Ontario Research Institute and Laval University in Quebec, wrote: “An accumulating body of evidence suggests that sleeping habits should not be overlooked when prescribing a weight-reduction program to a patient with obesity.
“Sleep should be included as part of the lifestyle package that traditionally has focused on diet and physical activity.”
Further research should identify the causes which prevent us getting a full night’s rest, such as watching television in the evening, they added.