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.

  • Thu, 17 Aug 2017 08:37:12 +0000: France’s public sector at 25% of workforce- well above China’s ratio - Momentum Financial Services Ltd

    Jean-Luc Mélenchon, a leader of the far left who made common cause with the Communists in this year's French presidential election, was the wealthiest candidate of the leading candidates while Emmanuel Macron with a new political party defied conventional wisdom and became the youngest leader of France since the 30-year old Napoléon Bonaparte seized power in a coup d'état in 1799.

  • Thu, 10 Aug 2017 09:12:59 +0000: Brexit: Northern Ireland’s industry eclipsed by Republic’s after 1961 - Momentum Financial Services Ltd
    When Ireland was partitioned in 1921, Northern Ireland had about two-thirds of industrial output on the island. Today NI has employment in manufacturing that is a third of the Republic's.
  • Thu, 03 Aug 2017 09:42:07 +0000: EU & Euro Area economies recover as UK/ US growth remain weak - Momentum Financial Services Ltd
    In 2016 European Union economic growth exceeded that of the United States and this year the recovery continues while UK and US growth remain weak. In a dramatic signal of rising public confidence , a majority of Europeans say they are optimistic about ...
  • Tue, 25 Jul 2017 07:31:49 +0000: Ireland’s Cinderella public training sector cost €1.7 billion in 2016 - Momentum Financial Services Ltd

    In 1992 'Industrial Training in Ireland,' an official report authored by Dr Frank Roche and the late Paul Tansey, concluded that Ireland was a poor trainer — both the State and the business sectors — and there was an urgent need to radically upgrade the skill base of the workforce. In the quarter century since then not much has changed and a July 2017 paper from the Department of Public Expenditure (PER) shows that the cost of public outlays on training and further education was €1.7bn in 2006.