Did the EU have its hands tied before striking a trade deal with the US?
This week host Ciarán Hancock is joined in studio by economist and Irish Times contributor John FitzGerald. He gives his reaction to the EU-US trade deal that will see a 15% tariff rate on European imports going into the US, a deal that he feels the EU had agreed to with ‘two hands tied behind its back’ on account of its continued reliance on the US when it comes to the war in Ukraine.Also, ahead of Budget 2026 John outlines the need for the Government to stop pumping money into a booming economy and focus on making space for much-needed infrastructure. He feels we are inflating the economy when we should be cutting expenditure or raising taxes, neither of which would be politically popular.Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
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How will the updated National Development Plan shape Ireland in years to come?
This week the Government outlined spending of €200 billion on a National Development Plan stretching over the next decade. In parallel it also set out its stall for this year’s budget, signalling a spending and tax package of €9.5 billion. Joining host Ciarán Hancock in studio to dissect these spending plans and tax cuts against a backdrop of a potential trade war between the US and the EU were Ellen Coyne, political correspondent of The Irish Times, Ferga Kane, EY Ireland’s strategy and transactions team lead, and Cliff Taylor of The Irish Times. They tease out the headline numbers in the National Development Plan, the areas being targeted over the next five years, and the likely impact on future foreign investment.Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
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IATA Director General Willie Walsh on airline profits, air fares and why the Dublin Airport passenger cap makes Ireland a laughing stock
This week host Ciarán Hancock is joined by Willie Walsh, the director general of IATA, the Geneva-based representative group for the airline industry.Willie will be known to you as the Irish man who was a high-profile chief executive of both Aer Lingus and British Airways.He then became head of IAG, which is the parent group to both of those airlines plus some Spanish carriers, including Iberia.He’s now in charge of IATA, with his contract set to run until 2027.You’ll hear Willie talk about airline profits and whether air fares are likely to go up or down in the near term.He spoke about aviation’s role in reducing harmful carbon emissions and the chances of a climate-friendly biofuel being developed for commercial use.He gives his view on why emerging markets such as India and burgeoning economies in Africa are entitled to grow their airline industries and passenger traffic as they become wealthier.He also expresses his frustrations with the inefficient way air traffic control is managed in Europe.And Willie explains why, in his view, Ireland has become something of a laughing stock on the international stage over the legal battles being fought around the Dublin Airport passenger cap. In his view, this is hindering growth here and jeopardising foreign direct investment. And the 63-year-old talks about his plans for retirement, which could include Italian wine. Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
A weekly look at business and economics from an Irish perspective hosted by Irish Times Business Editor Ciarán Hancock. Produced in association with EY. Hosted on Acast. See acast.com/privacy for more information.
Ireland