DUBLIN — Ireland’s investment promotion agency warned on Wednesday of a “very challenging” two years for the country’s economy if the coronavirus pandemic leads to investment plummeting along predicted lines. Though Ireland is a hub for US businesses operating in the European Union, a looming plunge in global foreign direct investment (FDI) will leave ireland facing “heightened competition,” according to state body IDA Ireland. The United Nations Conference on Trade and Development warned in June of a 40 per cent drop in worldwide FDI due to the pandemic. “We will have to fight harder than ever before for new investment projects,” said Leo Varadkar, Minister for Enterprise, Trade and Employment.
DUBLIN — The novel coronavirus pandemic and related restrictions could shrink the Irish economy by nearly 14 per cent in 2020, according to the country’s central bank. In a report published on Friday, the Central Bank of Ireland said that a “widespread shutdown of businesses caused by the pandemic” led to “sudden and large-scale job losses” and a “severe negative shock to both consumer spending and investment.” The worst-case scenario of a 13.8-per-cent recession is based on the virus lingering through the year and prompting some restrictions to be reimposed. The bank’s best-case outcome would see Ireland’s gross domestic product (GDP) down by 9 per cent, slightly better than the 10.5 per cent projected earlier by the Finance Ministry.
DUBLIN — Leaders of Irish political party Sinn Féin were among hundreds who gathered in Belfast on Tuesday for the funeral of Bobby Storey, a senior figure in the Irish Republican Army (IRA) who died nine days ago aged 64. After the funeral was criticised on social media for seeming to breaching rules meant to curb the spread of the novel coronavirus in Northern Ireland – which cap funeral attendances at 10 people – some of Sinn Féin’s political rivals took aim. Northern Ireland’s Health Minister Robin Swann, a member of the Ulster Unionist Party (UUP), said at a Tuesday press conference that “no person” is “above the regulations and guidance we have laid down on how we combat Covid-19.” Democratic Unionist Party (DUP) parliamentarian Gregory Campbell called for “police action,” claiming that Sinn Féin leaders “showed no respect” for the restrictions – which it previously said should be applied without exemption. A police spokeswoman later told The Belfast Telegraph newspaper that officers will review footage of the funeral. Though Sinn Féin shares control of Northern Ireland’s devolved administration with the DUP, the two parties are ideological rivals. The DUP – and Swann’s UUP – oppose Sinn Féin’s aim of ending British rule in Northern Ireland.
CLAREMORRIS — Some of Ireland’s pubs were pouring pints on Monday for the first time in nearly four months as the country lifts most coronavirus-related restrictions. Speaking over the evening chatter of customers in The Western, a pub and hotel in Claremorris – a town of around 4,000 people in the west of Ireland – manager Patrick Mitchell said “we had no idea what to expect today, we have been quite busy, but it is a bit different.” Patrons are allowed one hour and 45 minutes drinking-time in bars that serve food – as long as they splash out on a “substantial meal” priced at 9 euros (10 dollars) or more and adhere to social distancing requirements. Inside The Dalton Inn, about 100 metres down the street from The Western, owner Andrew Cooper said “we’re sticking strictly to those rules.” The regime means that only bigger pubs equipped with kitchens will reopen for now – with the food tab so far a deterrent to would-be punters.
DUBLIN — Ireland plans to allow public religious ceremonies again from Monday, despite confusion over how many people can attend and over how new rules will apply to places of worship. Starting next week, a maximum of 50 people can meet indoors as part of the latest roll-back of curbs imposed in March to stem to spread of the novel coronavirus pandemic in Ireland. After Diarmuid Martin, the Catholic archbishop of Dublin, described the proposed blanket 50-person ceiling as “strange” and “disappointing,” outgoing Prime Minister Leo Varadkar said on Thursday that “a specific protocol” based on the seating capacity of places of worship “is going to be worked out” with religious authorities.
DUBLIN — Ireland’s front line medics have been hit harder than counterparts elsewhere by the novel coronavirus pandemic, the head of the country’s main nurses’ union said during a parliamentary hearing on Tuesday. Addressing the Dáil (parliament) Special Committee on Covid-19 Response, Irish Nurses and Midwives Organisation (INMO) general secretary Phil Ní Sheaghdha said the country has the world’s highest rate of infection among health care workers.
Ireland’s Department of Health has confirmed 25,383 coronavirus cases since February 29, with 8,161 of those diagnosed among health care workers. Ní Sheaghdha described the numbers as an “absolute scandal” and warned that hospitals are facing staffing shortages.
DUBLIN — Citing a slump in air travel due to the coronavirus, Aer Lingus on Friday announced it will fire 500 workers and slammed Ireland’s interim government for failing “to take steps that other European [Union] member states have taken.” Citing a “catastrophic” collapse in air travel that has reduced it to 5 per cent of its pre-pandemic operations, the airline said that other European countries “have progressively restored transport services and connectivity in response to a European Commission invitation to do so.” The 30 flights undertaken by Aer Lingus in the past week amount to around 10 per cent of the level of activity the same week one year ago, the airline said. Friday’s jobs cull followed a Monday announcement by Aer Lingus that pay and working hours will be cut to 30 per cent of pre-pandemic levels.
DUBLIN — People in Northern Ireland are more likely to identify with either Britain or Ireland since the 2016 British vote to leave the European Union, going by the latest annual Northern Ireland Life and Times Survey. A majority of the region’s 1.8 million people view themselves as either “nationalist” or “unionist” in the latest survey, which saw 1,200 people canvassed in late 2019 and early 2020 by researchers from Ulster University and Queens University Belfast (QUB). In 2018, half of those surveyed eschewed identifying as either nationalist or unionist. Paula Devine of QUB said “it is striking that 2019 also saw a strengthening of unionist and nationalist identities and growing pressure on the so-called middle ground.”
DUBLIN — A steroid called dexamethasone should be given to patients affected by Covid-19, the disease caused by the new coronavirus, British researchers reported on Tuesday. Tests on 2,104 patients showed that low doses of the drug cut deaths by a third among patients on ventilators and by a fifth among those receiving oxygen, findings described by the researchers as a “major breakthrough” that “will save lives.” “One death would be prevented by treatment of around eight ventilated patients or around 25 patients requiring oxygen alone,” said the research team, which is testing a range of drugs on 11,500 Covid-19 patients at 175 British hospitals/ Martin Landray of the University of Oxford, one of the trial’s leaders, said that dexamethasone, a drug in use since the 1960s to treat inflammations and conditions such as asthma, could prove a “remarkably low cost” means of combatting the coronavirus pandemic.
DUBLIN — Some 1.7 billion people have at least one underlying health condition that “could increase their risk of severe Covid-19 if infected,” according to a British medical journal. Estimates published in The Lancet Global Health point to heightened risks from the coronavirus pandemic in regions with relatively high numbers of older people, such as Europe, and in regions with a higher prevalence of HIV/AIDS, such as Africa. Using data from 188 countries, the authors of the report estimate that 66 per cent of the world’s over-70s have an underlying condition – such as diabetes or cardiovascular disease – that could leave them vulnerable should they contract the new coronavirus. That percentage drops to 23 among working-age people, with only 5 per cent of under-20s estimated to have developed such a condition.