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Showing posts with label post offices. Show all posts
Showing posts with label post offices. Show all posts

Wednesday, June 17, 2015

Donie's Ireland daily news BLOG

Hunger is the world’s ‘greatest ethical challenge’

Says Irish President M.D. Higgins

  

The President of Ireland discusses the ‘moral outrage’ of global hunger at Expo 2015 in Milan.

President Michael D Higgins said Ireland has “innate understanding” of world hunger given its Famine history.
It is not often that you will hear a legendary singer such as Seán O’Sé light up a dull, overcast Milan morning with a live rendition of The Foggy Dew, but it happened on Tuesday when Ireland came to visit the Expo 2015 exhibition in Milan.
Accompanied by the Brú Ború band of Comhaltas Ceoltóirí fame, O’Sé was one of a number of Irish artists who welcomed President Michael D Higgins and his wife Sabina when they came to visit Expo on Tuesday on Irish National Day, time to coincide with Bloomsday.
In an age when hardly anyone knows what Expo is actually about, this Milan version may have hit on an irresistibly winning note. Entitled “Feeding the Planet, Energy for Life”, it has set out to investigate, illustrate and analyse just about every aspect of arguably the most urgent problem facing the world today.
The point was not lost on the President who said: “Global hunger in the 21st century represents the grossest of human rights violations, and the greatest ethical challenge facing the global community.
“According to the Food and Agricultural Organisation, while the world at the present time produces enough food to potentially feed its entire population, more than 1 billion people are undernourished, over 2 billion suffer from nutritional deficiencies, and almost 6 million children die every year from malnutrition or related diseases.”
‘A powerful infrastructure’
The President also said that the fact that more than 140 countries are participating in this Expo means that the exhibition provides a “powerful infrastructure” which brings together the key issues of food provision, upscaling nutrition and sustainability.
Calling world hunger not only a “great ethical challenge” but also a “great moral outrage”, he added:
“Ireland knows about this, Ireland has an innate understanding of this [world hunger] . . . given that 1 million Irish people died of starvation and over 1 million emigrated during, ‘An Gort Mór’, the Great Hunger in the 1840s and [thus] food security is given the highest priority by our development aid programme . . .”
The President was formally received at Expo by Ivan Scalfarotto, Italian junior minister for constitutional reform. Mr Scalfarotto, Italy’s first openly gay government minister, took the opportunity to congratulate Ireland on its progressive “recent legislation”, in an obvious reference to the success of the same-sex marriage referendum last month in Ireland.
During his six-hour stay, the President also took time to visit the Irish pavilion, created around Bord Bia’s “Origin Green” programme which aims at promoting Ireland as “a world-leading producer of independently verified, sustainably produced food and drink while protecting a landscape rich in natural resources”.
And Bloomsday? Do not worry, it was not forgotten with actor Garvan McGrath at one point offering a spirited rendering of some excerpts from Ulysses, excerpts which he also offered in even more spirited Italian much to the bemusement of some of his audience.

‘Our condolences go to the Irish people’ involved in the Berkeley disaster

 

Kittredge Street apartment materials taken away for more analysis.

Two women embrace while watching sheriff’s deputies on duty at the scene in Berkeley where six Irish students were killed. They said hthey knew the victims.
It was around midnight in California’s best-known college town when Berkeley police got the first call from Kittredge Street tenants and neighbours.
According to their police log, it was just a noise complaint about a student party at the 2110 Berkeley Library Gardens Apartments – not the first or last from the eight-year-old complex, where short-term renters pay up to $3,000 per month for one-bedroom apartments.
“But cops didn’t arrive till 12.40am, just after the balcony collapsed,” said local witness Bob Brown, who lives opposite the apartment. “The police were late this time.”
The six victims have been named as Niccolai Schuster (21), Eoghan Culligan (21), Eimear Walsh (21), Olivia Burke (21), Ashley Donohoe (22) and Lorcan Miller (21). They and others seriously injured, fell on to pavement concrete, not the asphalt of Kittredge Road.
lrish Consul in San Francisco Philip Grantwent to Berkeley early in the day, talking to the building’s owners and establishing names of victims. His staff was already undergoing the usual summertime melee of lost passports and minor infractions. Now they’re facing the colossal bureaucratic and emotional toll.
Local people were dumbfounded at how so many managed to exit narrow French windows onto the cantilevered balcony. It doesn’t seem possible, they repeated.
From the ground, it looked small, and was immediately above another balcony. The pieces of the fourth floor balcony are now gone, leaving a ragged looking slash of wood and tarpaper being inspected by police detectives earlier yesterday morning.
“Statewide, we’re going to be examining balconies more closely from now on,” said a tenant from the opposite complex waiting outside the yellow police tape.
A second neighbour, David Daniels, said they’d “never known anything like this to happen in Berkeley”.
“Our condolences go out to the Irish people,” said Daniels, a 50-year-old Berkeleyian. Like his neighbour Bob Brown, he had watched at 5am as the ambulances and paramedics were moving the last of the injured and dead to local hospitals.
It’s just horrible, he went on, adding that it would make the city look twice at balconies ever after, and should prompt many inquiries into structural issues of number 2110 Kittredge.
Materials have been taken away for more analysis, and serious doubts have been cast on the integrity of building materials.
Daniels recounted how when he first moved to Kittredge Street a few years ago, a severe windstorm combined with a leak inside the roofing to result in an upper story window frame becoming loose and a casement dangling over the side.
He alerted the fire station and it was treated promptly. But the timbers under the stucco cladding are required by code to be kiln-dried and treated. It remains to be seen if they were. The City of Berkeley, the local authority here, said it had been taking “all necessary steps to safely secure the area” and investigate the incident.
It sent building inspectors to examine the scene early in the morning and have taken precautions.
“The balcony for the affected unit, as well as the three other similar balconies in the building, have each been red-tagged, prohibiting access to those areas,” it said.
“The City has ordered the property owner to immediately remove the failed balcony and to perform a structural assessment of the remaining balconies within 48 hours.”
Greystar, the property management company for the Library Gardens Apartments, said its heart went out to the families and friends of the deceased and those injured in the “tragic accident”.
“The safety of our residents is our highest priority and we will be working with an independent structural engineer and local authorities to determine the cause of the accident. We will share more details as we have them,” it said.
Throughout the day a host of friends and J-1ers came to the sidewalk of 2020 Kittredge to leave wreaths, messages and bouquets for the deceased and injured.
A block with the words City of Berkeley etched in it was draped in the bright blue flag of Dublin.

The Euro falls amid a Greek standoff,

 

The euro fell on Tuesday as it appeared more likely that debt-stricken Greece would default or have to leave the single currency, while the U.S. dollar rose at the start of a two-day meeting by the Federal Reserve.

Stocks mostly rose on the day, with shares in both Europe and the United States rebounding after a two-day decline, though investors continued to closely monitor the situation with Greece. Wall Street stocks were also supported by potential deal activity in the healthcare space.
Prime Minister Alexis Tsipras lashed out at Greece’s creditors on Tuesday, accusing them of trying to “humiliate” Greeks, and he defied a drum beat of warnings that Europe is preparing for his country to leave the euro. The address was seen as a sign that Tsipras was unlikely to accept austerity cuts needed to unlock frozen aid and avoid a debt default within two weeks.
“The market is still anxious about Greece and would like the situation to be dealt with one way or another. The week-after-week uncertainty isn’t good for the market,” said Scott Brown, chief economist at Raymond James in St. Petersburg, Florida.
The euro EUR= fell 0.35% to $1.1243 while the U.S. dollar index .DXY, which measures the greenback against a basket of currencies, rose 0.2 percent. The yen JPY= was flat against the dollar.
The all-country MSCI International ACWI Price Index .MIWD00000PUS rose 0.3 percent, while the pan-European FTS Eurofirst 300 .FTEU3 ended 0.6% higher, rebounding after a decline of 2.4 percent over the previous two sessions. Shares in Hong Kong .HSI fell 1.1%.
The Dow Jones industrial average .DJI rose 113.31 points, or 0.64%, to 17,904.48, the S&P 500 .SPX gained 11.86 points, or 0.57%, to 2,096.29 and the Nasdaq Composite.IXIC added 25.58 points, or 0.51%, to 5,055.55. The S&P 500 is coming off a two-day decline of 1.2%.
Wall Street was also lifted after the Wall Street Journal reported that UnitedHealth (UNH.N) was considering buying Cigna (CI.N) and Aetna (AET.N). UnitedHealth, a Dow component, rose 2.2% to $121.55.
U.S. investors were also looking for clues regarding the timing of a rate hike after a two-day Federal Reserve meeting.
The central bank is unlikely to raise rates in this meeting but traders will watch for any hints from Fed Chair Janet Yellen at a news conference after the meeting on Wednesday.
The Fed has said it remains data-dependent and will raise rates only when it sees an improvement in the economy. Second-quarter data pointed to a recovery after a halt in growth earlier in the year.
The benchmark 10-year U.S. Treasury note US10YT=RR rose 12/32 in price, pushing the yield down to 2.3111%.
In the commodity market, U.S. crude futures CLc1 rose 0.8% to $60.01 per barrel, lifted as a tropical storm moved ashore in the oil-producing state of Texas. [O/R] Brent crude for August delivery LCOc1 was down 0.5% at $63.65 per barrel.
Gold prices XAU= fell 0.4% while silver XAU= lost 0.5%. Copper CMCU3 lost 1.1% in its second straight daily decline of more than 1%.

The future of Irish post offices has very little to do with posting a letter?

   

Around 48% of post offices in Ireland account for just 12% of total business.

Irish Post Offices are being told to move into a number areas but it has nothing to do with posting a letter?
Entrepreneur Bobby Kerr has led a group which has authored a report for the Department of Communications which says that post offices can thrive if they move into financial services, social enterprise, public service delivery and white labelling.
The report found that a disproportionate amount of business is conducted in relatively few of the country’s 1,140 post offices. Two thirds of all transactions are conducted in just 300 post offices, while another 48% of post offices account for just 12% of total business.
The report says that An Post should fill the hole left in rural Ireland by the withdrawal of banks and should deliver services like motor tax, the electoral register, HSE payments, local authority payments and CAO and exam fees.
It also suggests post offices are better used for social enterprise and that they cross-sell goods from other suppliers.
Kerr says that An Post’s reach across the country means it is well-placed to deliver customer services.
I believe that An Post is best placed to provide a customer-led solution for a host of financial and government-related services right across the country.
There has been a slowdown in post office closures in the last five years, with a net closure rate of 24 between 2011 and 2014.

Gold that could be worth €150 million to Irish economy discovered by miners in Ireland

 

The valuable mineral was discovered this morning in soil three-feet deep near the border

Miners have unearthed gold believed to be worth more than €150 million in the border region.
The valuable mineral was discovered this morning in soil three-feet deep near Rockcorry, Co Monaghan.
Any gold found in the region is owned by the State and extracted under licence.
Irish gold exploration company Conroy Gold and Natural Resources confirmed that 700 metres by 300 metres gold-in-soil patch was tapped by explorers.
The company is proposing to develop a gold mine in Monaghan, around 14km away from the latest discovery and has been carrying out a number of searches in the area.
Professor Richard Conroy told the Irish Mirror: “When we hopefully get to develop it, which will be years down the line, it will be worth several million but there is an awful lot of work to be done.
“You have to do all the technical work first to see how much is actually down there.”
The discovery, which the company said revealed four gold-in-soil samples above 20ppb gold and a further five above 10ppb gold, is situated within the 50 km gold trend that Conroy outlined.
Professor Conroy explained: “This discovery confirms the gold potential of the company’s licenses in the area lying between the company’s existing gold targets to the Northwest at Clay Lake, Clontibret, where a mine is being developed, and Glenish, as well as those to the South at Slieve Glah.”
The gold lies along a major geological structure, known as the Orlock Bridge Fault.
The company has been working on the regions for years drilling, trenching and sampling.
Just last week, a gold nugget worth a staggering £10,000 (€14,000) was found in Scotland.
The precious metal – thought to be the largest found in Scotland in seven decades – was discovered by a Canadian gold panning enthusiast in a river near Wanlockhead, in Dumfries and Galloway.
It is believed the 20-carat nugget, which weighs around 18 grams, will spark a gold rush in the area.
While in April this year the Connemara Mining Company bought prospecting licences on the Inishowen peninsula

Building and moulding a child that can cope with life is a mighty task

   
There’s so much advice around parenting these days that it feels like you need a Phd. Ailin Quinlan cut to the chase and got tips from one of the country’s foremost experts in children and mental health.
Every parent yearns for an emotionally healthy child. Clinical psychologist Paul Gilligan has written a book for parents on how to raise one.
But what is an emotionally healthy child? “An emotionally healthy child is a child who’s generally content and confident, has a positive belief in themselves and can handle adversity in an appropriate manner,” says Gilligan, who is CEO of At Patrick’s Mental Health Services and chair of the Children’s Rights Alliance.
“They experience positive emotions in an appropriate way, at the appropriate time, and behave in a positive manner,” says the former CEO of the Irish Society for the Prevention of Cruelty to Children.
Children aged under 13 reflect their emotions in behaviour — for example, a depressed child may not do their homework, may not want to get up in the morning or may be the subject of complaints from the class teacher.
Gilligan says that parents have a built-in ability: “We are born with a deep capacity to love our children and to do the best we can for them,” he says. The goal is for the parent to connect with both of these qualities.
It is normal for parents to make mistakes, he says. Three things factors decide a child’s emotional and mental health — the child’s personality, his/her experiences, and the support he/she receives from parents and other important people in their lives. If these factors are not healthy, they can cause problems.
“Emotionally healthy children are able to navigate the difficulties of life — even if they develop an issue about something, if they are emotionally healthy they are better able to cope with it,” Gilligan says.

His tips on raising an emotionally healthy child:

  1. Connect with your deep love for your child
“We are in an era where parents are reluctant to talk about loving their child. Consciously acknowledge that love, and remind yourself that your actions spring from that,” he says.
  1. Believe in yourself as a parent
Don’t be overly confident, but believe in your ability to parent your child. Recognise that this may involve asking for help or advice. Don’t beat yourself up about what you’re not doing. “Research tells us that parents spend more time with their children nowadays than they did in the 1960s, but are more prone to questioning themselves around their ability to parent and provide for their child,” Gilligan says.
  1. Teach your child self-confidence
Encourage self-respect and self-care, and their development of realistic expectations of themselves.
“Help them map out their day,” he says. Encourage your child to understand that while they must do their homework, they should also relax afterwards, with a game of football, for example.
Develop realistic expectations by encouraging self-awareness and insight, and support them in doing their best in their hobbies and activities.
“Help them reflect on their achievements,” he says.
  1. Teach your child how to deal with difficulties
Protect them from unnecessary difficulties by identifying problems, such as bullying — but recognise that they will have to deal with the death of a beloved relative, for example, or a poor performance in an examination.
  1. Teach your child to be happy
First, recognise that your child cannot be happy all the time, but when there is the opportunity, encourage them to be happy.
“Let them be themselves, and allow them to realise their own individuality,” he says.
Remember, says Gilligan, life is full of things to be sad or happy about — but that also it often depends on how we interpret them. A child can be happy or disappointed with a B-plus grade in a test, depending on how they look at it, for example.
  1. Ensure the child’s environment is healthy and safe
Take a balanced approach, he says, because these days there is a major focus on “risks” and parents can become overly concerned.
“Be reasonable about assessing risk. Don’t swaddle a child in cotton wool and don’t expose a child to serious hazards. It’s all about balance,” he says. “We can overplay the risks to children.”
  1. Listen to, and communicate with, your child
It’s important to listen to what they are saying, and to communicate as clearly as possible. Integrate communication into family life, he says, by, for example, sitting down to an evening meal together.
  1. Look after yourself as a person
Reinforce yourself. Don’t be afraid to acknowledge what you do for your child, so that they see that you do your best. Try to maintain a balance between work, family and social life.
Raising Emotionally Healthy Children, by Paul Gilligan, published by Veritas, €14.95, will be launched by RTÉ broadcaster, Áine Lawlor, today at St. Patrick’s Mental Health Services, James St, Dublin 8.

‘Life outside of Earth is probably going to be really hard to find’

Say Scientists

   

In previewing missions in the search for life and discussing its challenges, the scientists confess they ‘can’t even agree on a definition of what life detection is’

This guy is smiling, but the search for life is not easy, says Nasa.
NASA scientists previewed several missions in the search for life off Earth on Tuesday, including a plan to scoop up minerals from an asteroid and one to drill into the surface of Mars.
The missions described by researchers included satellites, spacecraft, landers and work concentrated on Mars, Jupiter moons, an asteroid and on Earth itself.
“Sciences are being unified by the search for life in the universe,” said Dr John Grunsfeld, associate administrator for science at Nasa, before conceding that “life outside of earth is probably going to be really hard to find”.
“We can’t even agree on a definition of what life detection is.”
Grunsfeld said missions to Mars in the next few years will have greater capabilities than the Curiosity rover, which continues to explore Mars and in April discovered water on below the surface of the red planet. The European Space Agency’s ExoMars mission, for instance, aims to specifically search for signs of life.
The lander will have a “deeper drill than any lander”, Grunsfeld said, able to reach down into the Martian crust “a couple of meters” where the deadly radiation that bombards the planet would not be as able to affect life.
“The surface of Mars is bathed in ultraviolet light, bathed in radiation,” Grunsfeld said. “Mars’s magnetic field is essentially gone, so the surface of Mars is essentially sterilized.”
Places where the frozen water exists, as in the planet’s polar glaciers and below the surface, might be able to harbor life, but “these are challenging places to get to”, he said.
Last year the Curiosity rover detected “spikes” of methane, stoking speculation of life on the planet, but Grunsfeld noted that those signals could be abiotic as well as from a biotic organism.
“On future missions we’re going to look more toward what kind of instruments could detect life,” he said. “A DNA sequencer for instance might fail miserably even if it were surrounded by extant Martian life.”
The ExoMars mission is planned for 2018 and receive assistance from Nasa.
Grunsfeld also described a mission named Osiris Rex, which aims to send a satellite to an asteroid called Bennu in order to study its composition. The satellite will “do a quick touch-and-go and grab samples, up to 2kg (5lb)”, he said, which researchers will then be able to study.
In part, the Osiris Rex team will try to determine whether the organic materials that started life on Earth were “seeded” on the planet by collisions with carbonaceous asteroids like Bennu.
Dr Britney Schmidt, the principal investigator for the Nasa-funded Sub-Ice Marine and Planetary Analog Ecosystems (Simple) mission, spoke about the possibilities for life on Jupiter’s moon Europa.
“There’s a whole host of ice-rich worlds which potentially harbor subsurface oceans,” Schmidt said. “These are important places to think about in the search for life even within our own solar system.”
In February, Nasa won approval from the White House to proceed with a mission to fly by Europa, which is covered in a sheet of ice that has intrigued scientists for the likelihood that it coats a subsurface ocean.
The mission will feature an ice-penetrating radar that has been used to explore similar surfaces on Earth, Schmidt said, and try to determine whether the moon harbors “enough energy to power biology in these very distant and seemingly so alien worlds”.
Dr Alexis Templeton showcased some of her research on alien environments here on earth, where scientists have discovered life in what were until recently considered utterly inhospitable regions.
In particular, Templeton studies how rocks may have helped create life in these extreme environments. “Rocks have within them, depending on their chemistry, the ability to release electrons,” she said, which “can fuel certain systems, essentially a lot like fuel cells do”.
Citing the discovery of life in the high-pH waters of remote deserts and the ways that water can release chemicals and energy when it interacts with certain rocks, Templeton said that the research could help colleagues determine what exactly they should look for on celestial bodies. On a moon of Saturn, for instance, plumes of particles ejected from the south pole could “represent potential for liquid water that’s stored underneath the ice shell”, she said.
Dr Vikki Meadows, a professor of astronomy at the University of Washington’s Virtual Planetary Laboratory, said that she was studying hunting for oceans on planets by looking for the “glint effect”.
Meadows described the phenomenon as “something that should be very familiar to you if you’ve ever sat on a beach after sunrise or sunset” – the reflected light of the sun off the surface of the water at a particular angle.
With the help of a blurry photo of a crescent Earth, from a satellite that later crashed into the moon, researchers were able to calculate the glint effect for other planets – a prediction that could help detect oceans on solar systems outside our own.

Wednesday, September 24, 2014

Donie' Ireland daily news BLOG

Repaying most of Ireland’s IMF debt early will save the State €2.1bn Euros interest

   

Finance Minister Michael Noonan has previously said the deal would save taxpayers about €1.5bn over a five to seven year period.

Repaying the bulk of Ireland’s IMF debt early will save the state €2.1bn in interest payments, the troika has said.
Finance Minister Michael Noonan has previously said the deal would save taxpayers about €1.5bn over a five to seven year period.
But a document prepared by the troika said that if Ireland was to repay €18.3bn between the end of this year and next year in three equal tranches, the interest saving would equate to €2.1bn.
“IN light of currently very favourable market conditions, an early repayment of IMF credit can generate significant savings on government interest expenditure for the Irish sovereign,” the document states.
It also said that the early repayment of the IMF debt would measurably improve the sustainability of Ireland’s public finances.
The deal was approved by Europe’s other 27 Finance Ministers at a meeting in Milan earlier this month.
But it warned any improvement in the debt position would be diminished by using the savings to boost spending or cut taxes.

Credit union alliance with post offices gives hope to Ireland’s villages

  

A COMBINED LOANS TRIAL IS THE FIRST STEP IN A NEW FINANCIAL SERVICES ALLIANCE.

The plan has the potential to revitalise both organisations and could breathe new life into smaller towns and villages around the country.
The Credit unions and post offices are forging an alliance which will help secure their futures and present a viable alternative to banks in local communities.
The plan has the potential to revitalise both organisations and could breathe new life into smaller towns and villages around the country.
A trial in Limerick will see post offices and credit unions jointly offer small loans for the first time. The funds will be provided by credit unions with money available through post offices.
If the initiative gets rolled out nationally, it will be the first step towards a stronger alliance, with plans for a wider pooling of services nationwide.
The deal could lead to the possibility of credit unions taking over post offices in rural towns.
Such a third force would help offset the effect on communities of bank branch closures, emigration and the closure of hundreds of pubs and shops that were once the heart of village life.
An Post, the Irish League of Credit Unions and the Irish Postmasters’ Union all said they were in favour of the coming together of credit unions and the State post office network to offer financial services.
Such a move would counter the contraction of banks’ branch networks, and provide a boost to credit unions and post offices, as both bodies are under pressure in rural areas.
Banking expert Professor Ray Kinsella told an Irish Postmasters’ Union conference recently that an alliance between the post office network and the credit unions could provide a radical new model for delivering financial services.
“Together they could provide social and community-focused banking, greater competition and also strengthen a domestic banking sector that is still in crisis,” he said.
The Irish Independent has learned that six credit unions and 15 post offices in Limerick are seeking permission to launch a trial to offer loans of up to €1,000 to jobseekers.
The aim of this plan is to steer low-income groups away from moneylenders.
A spokesman for the Irish League of Credit Unions said the initiative was at an early stage. But he stressed other areas where the two bodies can pool their offerings are being explored.
“The participating credit unions in Limerick and An Post are also examining whether there may be common ground to explore other methods of cooperation, which would offer mutual benefit.”
The spokesman added that credit unions were now looking at a number of other areas where co-operation can be fostered nationwide. The proposals include:
Credit unions using An Post’s Post Point terminals to offer members a range of bill-paying services.
An Post accepting cash lodgements and loan repayments from credit unions members.
Seeing if post offices could be housed in credit unions, and vice versa, in certain circumstances.
Loans offered from cash-rich credit unions via post offices.
The proposals would be implemented on a phased basis over the next year, following pilot projects. There are 386 credit unions in the State but they are under pressure due to low demand for loans, despite being flush with cash, and strict new regulatory rules.
They are also grappling with loan arrears and they are under pressure to perform mass mergers across the sector in order to bulk them up.
There are 1,100 post offices, but they are overly-dependent on processing social welfare payments to make an income.
The planned link-up between six credit unions and 15 post offices in Limerick involves allowing people on social welfare access to loans worth up to €1,000 each.
The funds would be provided by the credit unions, but loans would be granted through the post offices.
To get a loan people would have to sign up to An Post’s household budget scheme, and make repayments weekly.
This scheme allows people to pay regular amounts towards household bills, deducted from social welfare payments.
The idea is to give families on low incomes cheap access to small amounts of credit for the likes of Christmas and communions.
The Department of Social Protection told the Irish Independent it was happy to consider any proposal that progresses financial inclusion.
“Such a proposal would also have to be examined for compatibility with the existing legislation that governs the household budgeting scheme and any implications for modification thereto considered.”

Irish property prices up 14.9% this year to August

 

NEW CSO FIGURES SHOW THAT IRISH RESIDENTIAL PROPERTY PRICES ARE NOW 14.9% HIGHER THIS YEAR THAN IN AUGUST 2013

Residential property prices increased again last month, according to new figures from the Central Statistics Office.
The CSO figures show that national prices were 14.9% higher in August compared to August 2013 – the 15th annual increase in a row.
Residential prices across the country rose by 2.3% in the month of August compared to July.
Dublin saw property price increases of 3.5% in the month, while they were 25.1% higher than a year ago.
In the rest of the country, prices rose by 0.8% in August on a monthly basis, while they were 5.6% higher than this time last year.
The CSO said that Dublin house prices rose by 3.5% in the month of August, and were 24.7% higher compared to the same month last year.
It also noted that Dublin apartment prices were 32.6% higher on an annual basis, but it added that apartment transactions are based on low volume levels and therefore suffer from greater volatility.
Today’s figures show that house prices in Dublin are more than 39% lower than at the peak of the market at the start of 2007. Dublin apartments are 45.8% lower than their 2007 peak.
The price of residential properties outside of Dublin are 44.6% lower than their highest level in September 2007.
Today’s CSO figures are based on mortgage draw-downs and do not include cash transactions.
But they show that the number of transactions increased markedly over the past year. Between January and July 2013, 11,800 houses and apartments changed hands. During the same time this year there were almost 20,000 transactions.
Alan McQuaid, chief economist with Merrion, said August’s numbers represented the 15th annual increase in a row.
He pointed out that the underlying housing market was a lot more robust than the official data would suggest as the figures are based solely on mortgage draw-downs.
“Although cash sales are not as high now compared with the start of the year, they are still significant, with three to four of every ten transactions a cash purchase,” he said.
“The generally improving economic backdrop should help to sustain the house price recovery in the short-term even with limited credit availability for potential buyers.”
“Longer-term, however, the flow of credit needs to be a lot higher than it is now. Following an average increase of 1.8% in house prices last year, we are now looking for an increase of around 13.5% in 2014.”
Conall Mac Coille, chief economist with Davy, said there appeared to be little evidence that the recovery in Irish house prices was abating.
He pointed out, however, that the market was exceptionally illiquid with just 15,688 residential property market transactions in the first half of 2014, comprising around 0.8% of the housing stock.
“This suggests that the average house is being sold once every 64 years at current transaction rates. That said, year-to-date transaction levels are up almost 50% on 2013,” he said.
“The pick-up in house price inflation increasingly reflects negative factors, preventing the Irish economy from achieving its potential. Specifically, activity and employment in housing construction remain at moribund levels, holding back the supply of fresh homes to satiate demand from first-time buyers,” Mr Mac Coille concluded.

“Good News” Sligo to host the 2015 All-Ireland Fleadh for another year

  

THE ALL IRELAND FLEADH CEOL NA EIREANN 2015 WILL BE COMING TO SLIGO AGAIN, IT WAS CONFIRMED YESTERDAY.

The dates will be from August 9th untill the 16th.
Martin Enright of the Fleadh committee, said that it is tremendous news for Sligo.
He said: “We are delighted that it is coming back, this has worldwide implications for the region.
“It is not just for the week, for the long-term.
“I have been getting messages from America, Russia, all over about how well Sligo did.
“It has been a real positive for Sligo.” He said that the Ard Comharlas, that grant who gets the Fleadh, met at the weekend and had a vote.
“In principle it is fully ratified, depending on whether the Fleadh committee can come up with the required funding by early December.”
He said that the pressure is on now to get these funds, through grants and various stakeholders, such as the vintners and hoteliers.
“We are delighted that it is coming back,” Martin added.

Typical children in Ireland are eating more than 16kgs of treat type foods each year

 

Foods such as biscuits, sweets and crisps are now an every-day staple of kids’ diets, making up a fifth of their daily calorie intake.
As part of its campaign to take on childhood obesity, Safefood is urging parents to tackle the amount of “treat foods” that their children are eating.
“At present 20% of children’s daily calorie intake is from these foods with little or no nutritional value,” it said.
The body estimated that on average a child typically consumes over 16kgs of treat foods per year – the equivalent of 140 small chocolate bars, 105 tubes of sweets, 36 packets of jam-filled biscuits and 118 bags of crisps. And this doesn’t include foods like ice-cream, cakes, pastries and buns and puddings that a child would typically eat.
Figures show that approximately one-in-four primary school children is overweight or obese. The prevalence of excess weight is also beginning earlier in childhood, with 6pc of three-year-olds currently being obese.
“We are giving our children treat foods every day and in many cases several times a day. These nutritionally poor foods, which are often referred to as ‘empty calories’, are given at the expense of nutritionally-rich foods in our children’s diets. Eating patterns developed in early childhood tend to last,” said Dr Cliodhna Foley-Nolan, director of human health and nutrition with Safefood.
“Parents need to be aware of the health risks associated with over-consumption of these types of foods. It’s simply a matter of cutting down on treat foods to a more sensible level, basically much smaller amounts and not every day.
“One of the big things we are trying to get across is the difference between a snack and an indulgence. The difference has become blurred.”
She suggested that fruit or a slice of toast, depending on the age of the child, is suitable if they are hungry.
In addition, quantities are another big issue for parents to cut down on, according to Dr Foley-Nolan.
“The other thing we are saying is in general not to have a ‘treats’ cupboard at home.
“If it is there, you are tempted, they are tempted,” she added. “Treats should be a luxury.”
Meanwhile, in relation to meal size and quantity, she said: “If you look at a plate of food, a good third should be vegetables, a third should be the starchy food, whether rice, pasta and potatoes, and a third should be the meat or fish.”
John Sharry, a senior lecturer in the School of Psychology at UCD, added: “Parents want what’s best for their children and no one wants to take the fun out of childhood. But we’ve reached a point where these so-called ‘treat’ foods are consumed far too frequently and just aren’t treats any more.
“As parents, we’ve lost the ability to say ‘no’ to our children and we need to re-learn that setting these clear boundaries is an important step in our children’s well-being and development.”
The Safefood campaign will feature on TV and poster advertisements.

Irish teenagers bag top prize at Google Science Fair 2014

  
The Google winners – Ciara Judge, Émer Hickey and Sophie Healy. 
The 18 finalists were selected from over 5,000 entries in 90 different countries.
It marks a remarkable 12 months for Ciara Judge, Sophie Healy-Thow and Emer Hickey who have literally conquered the world of science competitions.
The Cork trio won the BT Young Scientist title in January 2013 before heading to the Czech Republic last September and winning the €7,000 top prize in the EU Young Scientist competition.
As if that wasn’t impressive enough, last September Ciara scored a whopping 12As in her Junior Cert.
In a remarkable twist, Ciara’s older sister, Ashling, was the 2006 Young Scientist champion.
Ciara’s proud parents, Eamon and Maureen, admitted that it has been an astonishing 18 months for the girls and their school.
The girls’ project on seed germination has already received worldwide plaudits.
It revolves around their discovery that bacteria which occur naturally in the soil can help kick-start the germination of some crops by as much as 50%.
The Cork girls’ winning project examined how a particular bacteria, a diazotroph, can increase germination rates and crop yields.
Experts believe the commercial applications of their discovery are absolutely enormous.
“It has been an absolutely fantastic couple of months,” Ciara admitted.
Their top prize for winning the US title in California is a €30,000 scholarship from Google and an all-expenses paid field study trip to the Galapagos Islands where Charles Darwin formulated his theory of evolution.
They will also get the chance to sample astronaut training with NASA.
Ciara has already set her sights on studying veterinary science in university after her Leaving Cert.
Former EU Commissioner Geoghegan-Quinn said she was very impressed by the Kinsale girls and their project.
“The future is bright if this is the level of talent we are producing in Europe. It is particularly great to see the mix of curiosity-driven research and more applied projects,” she said.
The Kinsale Community School triumph continues a remarkable Irish success story in the EU Young Scientist competition with Irish entries having won the overall prize 15 times in 25 years.
Ciara’s parents, Eamon and Maureen, said their daughter, who is now in Fifth Year, is ultimately hoping to study veterinary in university.
KCS principal Fergal McCarthy said they were absolutely delighted by the girls’ latest triumph.
It was the third time in seven years that the Cork school won the overall national title.
The school proudly held the joint record this year for the greatest number of entries and had a remarkable total of 38 students participating.