Financial News

  • Tue, 10 Oct 2017 10:50:24 +0000: Real American economy and “legalized looting” by big US companies - Momentum Financial Services Ltd

    On Monday Lawrence Summers, Harvard economist, former Treasury secretary and director of the National Economic Council in the first term of President Obama, in effect called President Trump's top 3 economic advisers lying fraudsters in his monthly column in The Washington Post and The Financial Times. He said their tax-cutting proposal was "a melange of ideas put forth without precision or arithmetic" and it was easy to demonstrate that the claims, including the assertion that domestic investment will be spurred by corporate tax cuts, were "some combination of ignorant, disingenuous and dishonest."  Meanwhile, William Lazonick, professor of economics, University of Massachusetts Lowell, has published a paper on the disconnect between the real American economy and what he calls "the legalized looting of the US business corporation."

  • Sun, 01 Oct 2017 15:40:54 +0000: Trump’s corporate tax reform plan could neuter Ireland’s advantage - Momentum Financial Services Ltd
    President Trump on Wednesday this week announced a sketchy Republican tax reform plan that covered just 9 pages and he proposed that the headline federal corporate rate should be cut from 35% to 20%. However, there is a risk to Ireland's low 12.5% corp...
  • Thu, 28 Sep 2017 06:33:28 +0000: Netherlands top agri-food exporter in Europe; Ireland in 10th ranking - Momentum Financial Services Ltd
    The Netherlands with a population of 17m is Europe's top agri-food exporter while agri-food trade from the European Union (EU-28) to the rest of the world has been ahead of the United States in recent years. Ireland had a 10th ranking in the agri-food ...
  • Thu, 21 Sep 2017 15:14:40 +0000: Robots to help Europe’s ageing economies to boost economic growth - Momentum Financial Services Ltd

    Robots and other technological advances such as artificial intelligence (AI), and driverless vehicles, will enable countries in Europe with declining populations to sustain economic growth. Migrants may as well, but those populations do also age while large-scale migrations can result in political and social discord.

  • Sun, 27 Aug 2017 13:42:19 +0000: Hectare of agricultural land costs €24,000 in Ireland, €6,000 in France - Momentum Financial Services Ltd

    A hectare (ha) of agricultural land in 2016 cost an average of €24,000 in Ireland and €6,000 in France ─ in Germany in 2015 the average cost was over €19,000 and almost €19,000 in the UK last year.


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