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Showing posts with label Minister Noonan. Show all posts
Showing posts with label Minister Noonan. Show all posts

Friday, July 24, 2015

Donie's Ireland daily news BLOG.

HSE offers €1,500 to attract overseas nurses back to Ireland?

 

Up to 500 nurses and midwives sought in new recruitment initiative.

The HSE says a relocation package is available for nurses and midwives who would like to come and work in the Irish health service
The HSE is to offer a tax-free €1,500 relocation expenses package to encourage nurses and midwives working abroad to take up posts in the Irish health service.
The HSE is seeking to attract up to 500 nurses and midwives working in the UK and further afield to work inIreland under the new initiative.
Ian Tegerdine, HSE national director of human resources, said a relocation package was available for nurses and midwives who wished to come and work in the Irish health service and who applied for posts through the new recruitment campaign. The HSE said the package on offer included: up to €1,500 tax-free removal/relocation expenses including the cost of flights subject to Revenue guidelines on allowable removal expenses; the cost of registering for the first time with the Nursing and Midwifery Board of Ireland; funded postgraduate education; incremental credit for experience gained outside Ireland.
The HSE said there were vacancies in a wide range of hospital and community facilities and it was seeking to attract up to 500 nurses and midwives from the UK and elsewhere to Ireland.
It said it was hoped that many Irish nurses and midwives working in the UK in particular would take up the opportunity to return home and work in the Irish public health services.
Mr Tegerdine said the campaign would focus on connecting with nurses and midwives in the UK and further afield via advertising on social media channels and newspapers.
The HSE said that those taking up employment would receive a salary scale of €27,211-€43,800 with additional pay for shift and differentials.
It said it was also offering nurses and midwives permanent contracts of employment, as well as opportunities for continuing professional development and sponsorship programmes for specialist post-registration education and Masters study.

Meanwhile back in the UK:

‘Irish hospitals are so backward compared to here in the UK’

UK-based Irish nurse on new HSE recruitment drive

   

Lauren Irwin above pic middle a nurse from Rathfarnham, Dublin who has been working in the UK since 2012 says she will not be tempted back to Ireland.

An Irish nurse, working at a London Hospital since April 2012, has said the latest HSE recruitment programme will not tempt her to move back to Ireland for work.
Lauren Irwin (26) from Rathfarnham in Dublin said, “The staffing levels at the hospital I work at in London are so much better than at home.
“On the whole the hospital is managed in a much more efficient way.”
The HSE are currently attempting to attract 500 Irish nurses to come home, offering them free flights and relocation expenses worth €1,500.
Lauren Irwin, a nurse from Rathfarnham, Dublin. She has been working in the UK since 2012.
Lauren told independent.ie that salary considerations are not her primary concern, adequate working conditions are the most important thing in her mind.
“I’m so supported here by the hospital management and by the National Health Service itself.
“You have to be content in the workplace. Pay comes second.” she said.
Read More: Irish nurses to be wooed back home with €1,500 relocation offer
Lauren said that on the whole, patients receive better care at hospitals in the UK.
“There’s nobody lying on a trolley for two or three days. That wouldn’t be tolerated here. But it’s still accepted in Ireland,” she said.
She added that she had received an email from Tallaght Hospital in relation to recruitment.
Read More: Eilish O’Regan: After the exodus comes the charm campaign
“I got sent lots of information on the recruitment drive this morning.
“I can’t see many people taking them up on it.
“One of my friends moved home to Ireland recently after working in the UK for a few years.
“He was in total shock at how bad things still are in Irish hospitals.” she said.

The number of advertised jobs in Ireland rises by 17% over the past year

  

Sectors driving the increase include telecoms, retail, and tourism

The total number of jobs being advertised has increased by 17% over the past year, and by 7% in the past quarter.
Sectors driving the annual increase of 17% include telecoms (+41%); science, pharmaceuticals and food (+28%); financial services and insurance (+49%); construction, architecture and property (+18%); retail (+15%); and tourism (+14%).
Meanwhile, between April and June of this year there was an increase of jobs being advertised in healthcare (+32%), legal (+15%), and manufacturing (+17%).
IrishJobs.ie, which compiled the figures, has also published a Jobs Market Sentiment survey stating there is strong sentiment in the jobs market among jobseekers, with 50% (either employed, currently unemployed or in education and training) of the belief that the jobs market is improving.
In addition, more than half of jobseekers surveyed claim to be more secure in their job compared with 12 months ago. Almost two in 10 say they have already received a salary increase this year and three in 10 are expecting an increase.
The report looked at all corporate jobs advertised on two prominent jobs websites from the beginning of April to the end of June this year.

The flotation of AIB likely to take place in 2016,

Says Michael Noonan

 

The NTMA plans to focus on smoothing out €35bn in repayment ‘chimneys’ of national debt between 2018 and 2020.

The Minister of Finance Michael Noonan at the press briefing for the National Treasury Management Agency (NTMA) annual report for 2015.
A stock market flotation of shares in the nationalised Allied Irish Banks is more likely to take place in mid-2016 than later this year, Minister for Finance Michael Noonan has said.
Although the Government had made preparations for an initial public offering this autumn, the Minister this morning suggested the flotation will not take place before the election.
“The only window for an IPO left this year is in November, and I have said that the IPO isn’t going to be influenced in any way by the political calendar,” Mr Noonan told reporters at the publication of the annual report of the National Treasury Management Agency.
“While there is a window there, the likelihood is that the IPO will go into the middle of 2016, late spring, summer of 2016, something like that.”
At the publication of the NTMA annual report, the agency’s chief Conor O’Kelly said it plans to smooth out €35 billion in repayment “chimneys” [of the national debt] \between 2018 and 2020.
“We’ll focus strategically on trying to manage ahead … maybe getting some switching and buybacks going to try and smooth out what the requirement will be. That will be a significant focus.”
Options include the issuing of inflation-linked or dollar denominated bonds.
Asked whether investors had raised questions about the election, Mr O’Kelly said the matter had been raised only at the “very margins” of discussions. “Maybe questions number 8, 9, 10 on peoples’ list and probably only half the time that it gets mentioned.”
In his experience, investors were generally not that interested in elections until you get closer to the actual event. “They don’t spend an awful lot of time on polls, on speculation.”
Asked what questions were being raised by investors, he said: “They’re asking what is the likelihood of a change from a general centrist coalition type scenario. That’s generally what they’re asking – and I normally kick high into the stand.”
Mr Noonan said his aim in the October budget was to bring the level of national debt to 100 per cent of GDP next year or below it. Ireland’s debt, which peaked at 123 per cent of GDP after the crash, was cut to 110 per cent of economic output at the end of 2014.
“At the end of this year – and we’re close enough to the end now to be able to predict with a degree of accuracy – it will be at 105. In the budget in October I’m going to be budgeting to bring it to 100 \[per cent] or to break through 100,” Mr Noonan said.
“When you think that the average debt for the euro zone is a shade under 95 per cent of GDP , we’re coming very very close to the European average on a time span I wouldn’t have predicted even two years ago.”
Echoing Mr O’Kelly, the Minister said events in Greece had not really affected Ireland.
“We’re no longer rated with the Mediterranean countries which were involved in programmes. We’re seen increasingly now as an economy more like the small northern countries in Europe.”
Mr O’Kelly said the fact that Ireland’s debt was unperturbed amid recent market volatility over Greece demonstrated that Ireland was seen as a “semi-core” debt issuer in the market.
“When you look at where we’re ranked by the bond markets currently, we’ve been defined in a kind of a semi core category – not quite peripheral, not core,” he said.
“In recent volatility and market moves around the the Greek story and around the European uncertainty, Ireland’s position as a semi-core credit was really confirmed.”
He characterised 2014 as the year the State made a smooth return to private debt markets, followed by moves to refinance expensive IMF debt with cheaper debt of longer maturities.
The NTMA has raised €11.3 billion so far this year, just over 90 per cent of its requirement.
“The statistic I like to use on this – it’s not exactly accurate, but it’s very very close – is that that funding has been done at double the maturity of last year and at half the yield. That really is showing how dramatic the improvement in our credit story is and of course the impact of QE,” he said in reference to the European Central Bank’s bond-buying campaign.
“We’ve issued at the yield of 1.5 per cent on average this year versus 2.8 per cent last year and our average maturity this year has been close to 19 years versus just over 10 years last year.”
The NTMA raised €5 billion via two sales of a 30-year bond at the start of this year, the latter €1 billion of which was sold at the yield of 1. 3 per cent.
“That is extraordinarily low in terms of that kind of maturity. You can never say what’s going to happen in financial markets but it will be quite some time before Ireland gets to issue a 30-year security at that kind of yield again.”
Mr Noonan said he would not be instructing Nama to appear before the finance committee in Stormont to answer questions about the sale of its Northern portfolio. All his relationship with State agencies such as Nama were governed by law, he said.
“I have no legal authority to request or instruct Nama to appear before any forum outside the jurisdiction,” he said.
“As well as that, Nama are obliged to be accountable to the Houses of the Oireachtas through the [Public Accounts Committee] and to make themselves accountable to any other forum would be in breach of that.
“Nama are quite willing to answer any questions that are considered relevant by the Northern Ireland finance committee.”

Eating slowly has some benefits says new studies

 

Taking time to savour your food could help you lose weight, suggests a new study.

Those who make more time to enjoy their dinners might not just be more relaxed – they could benefit from finding it easier to keep weight off, too. That’s because they tend to feel fuller afterwards, claims a new study.
For a while scientists have been aware that slow eaters tend to have lower BMIs, but the reason why was unknown.
Now researchers from the University of Bristol have decided to investigate whether eating slowly affects how hungry we feel afterwards.
To make sure quantities and rates at which people ate were exactly the same, 40 participants were fed tomato soup through a tube for this experiment. Exactly 400ml were pumped in; one group had theirs fed at a fast rate, a second at a slower pace (11.8 ml per two seconds, then a four-second pause for the fast group, 5.4 ml of soup per second, then a ten-second pause, for the slower group).
Participants were then quizzed on feelings of fullness, both straight after the meal and again two hours later.
Those in the slower category claimed to feel more satisfied both times around. Interestingly, the participants in this group also estimated they had eaten more than their counterparts (108 ml more on average).
To take their research further, scientists then asked participants to taste two kinds of biscuit after they’d had their soup. Both groups consumed roughly the same amount, so now they want to repeat the experiment without ‘forcing’ people to eat, but simply offering snacks after. They believe this will give more of an insight into whether eating slowly prevents snacking.
There are many benefits to eating slowly, so maybe you should take more time over dinner tonight. As well as having potential slimming effects, it makes digestion easier and leaves you less likely to feel bloated or suffering from heartburn.

Cigarette butts most common type of litter in Ireland,

A survey shows

 Image result for Cigarette butts most common type of litter in Ireland

‘Smokers need to make every effort to dispose of cigarette butts,’ says Minister for the Environment

The 2014 National Litter Pollution Report found that “ cigarette-related litter” accounted for almost 55% of litter.
Cigarette butts and packets remain the most common type of litter found on Irish streets, according to the Department of the Environment’s annual litter survey.
The 2014 National Litter Pollution Report found that “ cigarette-related litter” accounted for almost 55% of litter, with butts constituting more than half of all litter items found on the street.
The survey, carried out by Tobin Consulting Engineers, found food-related items accounted for more than 16% of litter with chewing gum being the single largest litter component in the food litter category, accounting for 15% of all litter recorded.
Packaging litter at 12.4% is the third largest component of national litter pollution recorded.
The worst litter culprits are pedestrians (41%), motorists (18.7%), retail outlets (10.3%), places of leisure and entertainment (6.1%), gathering points (5.5%), school children (4.8%) and fast food outlets (4.7%).
The level of litter was improving however, with 12.3% of areas surveyed considered litter free, compared to 12.2% in 2013.
Minister for the Environment Alan Kelly said people needed to take individual responsibilty for litter.
“Smokers in particular, in light of the results announced today, need to make every effort to dispose of cigarette butts correctly at all times.”

An older cousin of our Earth Kepler 452B is discovered

   

An “older cousin” of Earth has been discovered orbiting a distant sun-like star more than 1,000 light years away.

The world is 60% larger than Earth and lies in the star’s “habitable zone” — the orbital region where temperatures are mild enough to be suitable for life.
No one knows if life has evolved on the planet, Kepler-452b. However, since the parent star is 1.5bn years older than the sun, any creatures living there could be far more advanced than they are on Earth.
That makes Kepler-452b a good candidate for scientists involved in the Search for Extra Terrestrial Intelligence (Seti).
On Tuesday, renowned physicist Stephen Hawking helped launch a new £64m (€90m) project to hunt for radio signals from alien civilisations.
Breakthrough Listen, funded by Russian internet billionaire Yuri Milner, will use two of the world’s most powerful radio telescopes to scour thousands of stars for intelligent transmissions over 10 years.
News of Kepler-452b’s discovery was released by astronomers operating the American space agency Nasa’s Kepler space telescope.
Jon Kenkins, from Nasa’s Ames Research Centre in California, said: “We can think of Kepler-452b as an older, bigger cousin to Earth, providing an opportunity to understand and reflect upon Earth’s evolving environment.
“It’s awe-inspiring to consider this planet has spent 6bn years in the habitable zone of its star; longer than Earth,” said Dr Kenkins.  

Saturday, December 14, 2013

Donie's Irish daily news BLOG update

RSA chief executive resigns over issues related to company’s Irish subsidiary

 

RSA is injecting £135m in fresh capital into its Irish unit to ensure it meets regulatory standards for solvency

Insurer RSA’s Chief Executive Simon Lee has resigned over issues related to the company’s Irish subsidiary.
RSA is also injecting £135m (€160m) in fresh capital into its Irish unit to ensure it meets regulatory standards for solvency and has sufficient funds on hand to meet future claims.
This is in addition to the £70m (€83m) in funding put into RSA Ireland in November after financial issues at the subsidiary first came to light.
RSA said it had completed a review of its Irish business and its reserves, the money set aside out of premium income to cover possible future insurance claims.
A further review, which is being undertaken by consultants PwC, will be completed in January.
In a statement to the stock exchange this morning, RSA said the impact of the further cash injection into its Irish operation would reduce its 2013 profits.
It is the third profit warning the insurer has had to issue in the past two months.
RSA Chairman Martin Scicluna said Mr Lee had resigned “to enable a change in leadership” at the company.
In a statement, RSA said he would not receive any severance payment “beyond his contractual entitlement”.

Ireland’s tough economic policies to continue, says finance minister Noonan

  

THE IRISH ECONOMY IS NOW EMERGING FROM ONE OF THE DEEPEST RECESSIONS IN THE EUROZONE.

The Irish Republic’s exit from its bailout rescue is a “milestone” but not the end of the road, the country’s finance minister has said.
Michael Noonan told a press conference marking the exit that Ireland’s deficit and debt was still far too high.
Ireland has become the first Eurozone nation to complete the lending deal put in place by a group of international lenders, known as the troika.
The country was rescued with an 85bn euro ($117bn; £71bn) package.
It was seen by many in Ireland as a day of humiliation – when the government went cap in hand to the European authorities and the International Monetary Fund.
Three years on, Ireland is escaping the shackles of the bailout and going back to financial markets rather than other governments for its borrowing requirements.
Economic recovery has played an important part in that. Investor confidence, demonstrated by sharply lower borrowing costs, looks secure at this stage.
But Ireland still has to deal with the historic debt burden. It needs growth to help bring down annual deficits – and with an export-focused economy that will depend on continued expansion, rather than reversals in its major trading partners.
“This isn’t the end of the road. This is a very significant milestone on the road,” Mr. Noonan said. “But we must continue with the same types of policies.
“Ireland sought emergency help three years ago to keep its finances under control and has met the terms of the programme, implementing austerity to bring down its budget deficit and rebalance the economy.”
The troika – the European Union, International Monetary Fund, and European Central Bank – have held significant influence on policymaking and the direction of the Irish economy.
Exiting the bailout marks a waning of that influence, but Mr. Noonan said this would not mean a relaxation of the tough policies that he acknowledged had hit the Irish population hard.
“The real heroes and heroines of this are the Irish people,” he said.
But he said the economy was getting better. “People are beginning to spend. Property prices are improving… it’s fragile. But in my view things are building well and I would hope that next year would be better for a lot of people who have made a lot of sacrifices.”
Deep recession
Although Mr Noonan pledged to maintain fiscal discipline, he said the government would consider income tax cuts in the next two budgets to give the economy some support.
“If we can make changes which help the economy to grow better and create extra jobs, those are the kind of things we’ll do,” he said.

Brown Thomas owners to control Arnotts with US-based Apollo group

  

The owners of Brown Thomas and major US investment fund Apollo look set to take control of Arnotts.

The future of one of the country’s best-loved and most iconic retail names was being heatedly thrashed out last night, with a US investment fund giant said to have won the battle to buy €230m bank debt from IBRC’s special liquidators.
Apollo, a massive investment fund with a strong background in retail acquisitions, was being named by three sources close to the process as the winning bidder for what would amount to control of half of Arnotts.
Yesterday, developer Noel Smyth was told that his company’s bid, in a team-up with the Weston retail dynasty and Smyth’s Fitzwilliam Finance, had been unsuccessful.
The Westons own Brown Thomas as well as the rest of the loans linked to Arnotts, which were sold by Ulster Bank last month.
But while the situation is still in flux, the Irish Independent understands that the Westons, who also own Selfridges in London, may not be entirely out of the running, and the possibility of a joint venture of some kind with Apollo was being mooted last night.
Apollo declined to comment on the process and IBRC’s special liquidator did not respond when contacted.
The Westons and Fitzwilliam Finance have already bought Arnotts’ Ulster Bank debt.
Meanwhile, Arnotts management, who were bidding with British retail investor Meyer Berman, have not been told whether their bid has succeeded.
It’s believed that the price paid for Arnotts’ Anglo debt, being sold off as part of the €25bn liquidation of IBRC, was in the region of €45m. The sale of this debt and the Ulster Bank debt is understood to have priced Arnotts at between €75m and €80m.
Noel Smyth and the Westons recently bought Arnotts’ Ulster Bank loans and were heavy favourites to also snap up the Anglo debt and take control of the department store name, with ambitious plans for its development and expansion.
Apollo Global Management, a New York-based alternative asset management fund, bought MBNA’s former facility in Leitrim, securing 250 jobs.
Apollo has a history of investing in Ireland and has a track record of investment in retail.

Wetherspoon Pubs chain buys Irish pub in Cork

  

English pub chain Wetherspoon has acquired its second premises in Ireland, the former Newport Cafe in Paul Street Plaza in Cork City.

The Watford-based company intends to create 40 to 45 jobs in Cork by opening its second pub in Ireland by Apr 2014.
The company, which is making its second attempt to enter the Irish market after pulling out during the boom years citing the cost of doing business here, recently bought a premises in Blackrock, Dublin.
It intends to open as many as 30 premises throughout the Republic of Ireland, with three or four to be opened in the next year.
Wetherspoon founder and chairman Tim Martin said they are looking at other sites across the country.
“I am delighted that we have secured our first pub in Cork and our second in the Republic of Ireland. We are looking at other sites throughout the Republic of Ireland and hopefully they will come to fruition in the near future.”
The company is planning on investing €1.5m on developing the premises in Cork and is not ruling out buying other venues in the city.
A spokesperson said the company was not buying pubs cheaply from receivers but would not rule out making such deals in the future.
“Wetherspoon’s are looking at sites and I don’t think we would go direct to receivers or the banks but if we were made aware we might look at them. If premises are for sale for various reasons then we would look at them,” the spokesperson said.
The chain primarily operates in the UK but believes its mix of food, drink, and no-music policy will prove just as successful in Ireland.
“Our logic is that people in England, Scotland, Wales, and Ireland like to eat and drink, simple as that. Pubs in Ireland are very special places. People like products from the Republic and we’ll take that in to account,” the spokesperson added.

Nurse forced to intervene as Doctor tried to take blood from patient with scalpel

 

Nurse forced to intervene as he was about to cut into elderly woman’s vein, an inquiry was told

A Nurse has described how she cried ‘Jesus, what are you doing?’ and snatched a scalpel from a doctor’s hand, moments before he was about to cut in to an elderly patient’s vein in order to take a blood sample.
The nurse has told a medical council inquiry that she honestly did not believe that Vincent Osunkwo was a proper doctor and that he “didn’t have a clue” how to treat patients.
An inquiry has heard that Dr Osunkwo was appointed to the job of senior house officer at Midland Regional Hospital, Portlaoise, after nobody else applied for the post.
A senior consultant said Dr Osunkwo lacked “basic knowledge that could be expected of any medical student”.
He faces five separate allegations of poor professional performance and professional misconduct arising out of his treatment of patients in the hospital between March 9 and April 12, 2009.
These include that he attempted to read an X-ray upside down, and that he told members of his medical team that a patient was “fine” when that patient was in fact receiving oxygen in intensive care.
It is also alleged that he told a consultant that a scan performed on a patient’s kidney was ‘fine’ when it in fact showed multiple abnormal masses.
Dr Osunkwo has returned to his native Nigeria and did not turn up for the inquiry. He told solicitors representing the CEO of the Medical Council that the allegations against him “border on character assassination”. He has failed to respond to subsequent emails about his case.
Dr Osunkwo applied for an Irish visa in May of this year but was refused entry. His subsequent appeal was also refused.
The inquiry heard evidence from a woman who, at the direction of the Fitness to Practise Committee, was only identified as Nurse X.
She said that on the evening of March 10, 2009, a frail elderly patient was admitted to A&E from a nursing home.
Nurse X said that the woman needed to have her blood type checked in case she required a transfusion and that she asked Dr Osunkwo if he would ‘cannulate’ or insert a tube in to the patient.
“I said to Nurse Buckley, I am concerned that he doesn’t know what he’s doing,” Nurse X told the inquiry.
She continued: “I looked around and Dr Osunkwo had a scalpel in his hand. She (the patient) was crying he was about to cut in to a vein, I said, ‘Jesus what are you doing?”
“I pulled it out of his hand and put it down, I said why? He mumbled something under his breath and had a blank look on his face.
“I didn’t honestly believe that that was a real doctor that night. He just hadn’t a clue how to treat a patient,” she added.
Peter Naughton, a consultant surgeon at Portlaoise until his retirement in 2010 said he would never have been happy to give Dr Osunkwo any clinical responsibility.
Mr Naughton said Dr Osunkwo got the job after the original successful applicant let the hospital down by not turning up. He said the role of senior house officer was advertised nationally but Dr Osunkwo was the only applicant. Dr Osunkwo had previously worked in Crumlin Children’s Hospital but he wasn’t sure if his references had been checked.

Chinese unmanned spacecraft lands on moon

 

The Jade Rabbit buggy will dig and conduct geological surveys

China landed an unmanned spacecraft on the moon today, state media reported, in the first such “soft-landing” since 1976, joining the United States and the former Soviet Union in managing to accomplish such a feat.
The Chang’e 3, a probe named after a lunar goddess in traditional Chinese mythology, is carrying the solar-powered Yutu, or Jade Rabbit buggy, which will dig and conduct geological surveys.
China has been increasingly ambitious in developing its space programmes, for military, commercial and scientific purposes.
It has moved in lock step with its emergence as a major global economic and political power.
“The dream for lunar exploration once again lights up the China Dream,” Xinhua news agency said in a commentary.
In its most recent manned space mission in June, three astronauts spent 15 days in orbit and docked with an experimental space laboratory, part of Beijing’s quest to build a working space station by 2020.
The official Xinhua news service reported that the spacecraft had touched down in the Sinus Iridum, or the Bay of Rainbows, after hovering over the surface for several minutes seeking an appropriate place to land.
A soft landing does not damage the craft and the equipment it carries.
In 2007, China put another lunar probe in orbit around the moon, which then executed a controlled crash on to its surface.
China Central Television (CCTV) broadcast images of the probe’s location today and a computer generated image of the probe on the surface of the moon on its website.
The probe and the rover are expected to photograph each other tomorrow. The Bay of Rainbows was selected because it has yet to be studied, has ample sunlight and is convenient for remote communications with Earth, Xinhua said.
The rover will be remotely controlled by Chinese control centres with support from a network of tracking and transmission stations around the world operated by the European Space Agency (ESA).
For more than a decade, China has been modernising its economy and developing in areas long dominated by the West particularly the United States. The moon landing will be seen as a demonstration of China’s ability to engage in sophisticated space operations with dual use potential.
China is also developing its own satellite system to rival the US GPS system and has sold satellites to other countries. The landing will also be a point of national pride in the country, which is undergoing difficult economic transitions.