DUBLIN — Ireland’s gross domestic product (GDP) grew by an estimated 3.4 per cent last year, according to the Central Statistics Office (CSO), an expansion driven by foreign business and exports but coming as domestic output shrank. “Multinational sector growth was 18.2 per cent in 2020 while non-MNE [multinational enterprise]-dominated sectors declined by 9.5 per cent,” the CSO said on Friday. Ireland reported a record 160.8 billion euros (198 billion dollars) in goods exports last year, but businesses geared towards the small domestic market “experienced significantly lower levels of economic activity,” according to the CSO’s Jennifer Banim, with hotels, restaurants and construction hit hard as personal spending fell by 9 per cent. US multinationals in sectors that have enjoyed surging global demand during the pandemic, including pharmaceuticals and big tech, have European headquarters in Ireland – drawn by low taxes and EU membership. Amazon and Microsoft were among the American corporate giants to announce expansions in Ireland last year. According to Finance Minister Pascal Donohoe, “the pharma and ICT sectors recorded extraordinary export growth, driven by blockbuster immunological drugs, Covid related products, and the shift to home-working.”
DUBLIN — The coronavirus pandemic has affected cancer care for children at more than three-quarters of hospitals worldwide, according to research published in The Lancet Child & Adolescent Health journal on Wednesday. The doctors and academics who carried out the study said they found “considerable disruption to cancer diagnosis” for children, with 43 per cent of hospitals “diagnosing fewer new cases than expected” since the pandemic started. The research was based on a survey of 311 health-care professionals at 213 institutions in 79 countries, and involved eight hospitals and universities in Britain, India, Morocco, Spain, Uruguay and the United States. With health-care systems focused on the virus, one in three hospitals said they had seen “a rise in the numbers of patients whose therapy did not begin or was delayed by four weeks or longer – known as treatment abandonment.”
DUBLIN — The Irish Human Rights and Equality Commission (IHREC) on Thursday accused the government of having “persistently blurred the boundary between legal requirements and public health guidance in its Covid-19 response.” In a report co-authored with academics from Trinity College Dublin, the commission said though “core pandemic measures” were “generally proportionate and justified in light of the scale of the public health emergency.” parliamentaryy oversight was “lacking.” The National Public Health Emergency Team (Nphet), a once-obscure advisory body that has become a household name in the wake of the pandemic, has acted as “de facto decision maker,” the commission reported, leading to the risk that public health advice “captures the whole decision-making process.”
DUBLIN — Most East Asian countries “innovate less than would be expected given their per capita income levels” and could therefore struggle to sustain recent economic growth, according to the World Bank. Countries in the region are dogged by “insufficient staff skills and limited financing options,” the bank said in a report published late Tuesday, with firms often seeming wary of investing in innovation because “policies and institutions are often not aligned with firms’ capabilities and needs.” Lower-than-expected innovation could lead to questions about “whether the region’s past model of development can continue to deliver rapid growth and poverty reduction,” the bank said.
DUBLIN — Scientists at Russia’s Higher School of Economics (HSE) said they have discovered a “genetic predisposition to severe Covid-19,” the disease caused by the novel coronavirus. In research published in the journal Frontiers in Immunology, the HSE team attributed the susceptibility to a set of six molecules that contribute to T-Cell immunity, “one of the key mechanisms used by the human body to fight virus infections.” While the molecules, known as human leukocyte antigen class I (HLA- I), are “unique in every human,” whether they destroy the novel coronavirus “is largely determined by genetics,” as the molecules are inherited from parents. “If a person has a set that is bad at such detection, a more severe case of disease is more likely.”
DUBLIN — Almost two months into Ireland’s third coronavirus lockdown, Prime Minister Micheál Martin said the country “is looking at a continuation of severe restrictions” until the end of April, despite case numbers plummeting since a January peak. Martin made the warning in a late-night Thursday interview with the Irish Mirror newspaper, in which he said extending the lockdown would be “worth it.” Mary Lou McDonald, leader of Sinn Féin, Ireland’s main opposition party, slammed Martin’s comments as “flippant.” Peadar Tóibīn, head the small opposition party Aontú, said the government’s proposed extension amounted to “policy failure.”
DUBLIN — The novel coronavirus pandemic has facilitated government-backed “economic opportunism” in the world’s rainforests, according to a report published on Thursday. Authorities in Brazil, Colombia, the Democratic Republic of the Congo, Indonesia and Peru “have set aside social and environmental safeguards in favour of destructive development projects that are harming indigenous communities,” said the Forest People’s Programme, a British-based organization that works with indigenous people’s representatives in dozens of countries.
DUBLIN — Ireland’s goods exports were worth an unprecedented 160.8 billion euros (196 billion US dollars) last year, a new record underpinned by surging sales of medical and pharmaceutical products during the novel coronavirus pandemic. Estimates published by the Central Statistics Office (CSO) showed “medical and pharmaceutical products making up 39 per cent of 2020 goods exports, a value increase of 25 per cent on 2019.” Exports to the 26 other member states of the European Union accounted for 40 per cent the 2020 total, the CSO said, an increase of 13 per cent on 2019. Belgium and Germany were Ireland’s two biggest markets in the EU. Exports to Britain, Ireland’s nearest neighbour, fell by 9 per cent during 2020 and made up 8 per cent of the year’s overall amount. After Britain left the EU in early 2020, an increasing proportion of Ireland’s exports to the continent ended up being shipped directly rather than transiting Britain, with ferry companies in some cases doubling cargo sailings from Ireland to France.
DUBLIN — A “crucial new piece of information” discovered by University of Cambridge-led researchers could mark a “vital step” towards understanding Parkinson’s disease, a debilitating neurological disorder. A paper published on Wednesday in the journal Nature Communications outlined what the university says is “compelling new evidence” about a “key protein” that affects neurons in the human brain. Giuliana Fusco, research fellow at the university’s St John’s College, said that “if we want to cure Parkinson’s, first we need to understand the function of alpha-synuclein, a protein present in everyone’s brains.”
Global trade shrank by 9 per cent in 2020 despite a late-year recovery in East Asia, according to estimates published on Wednesday by the United Nations Conference on Trade and Development (UNCTAD). The revival as “uneven,” with 8-per-cent fourth quarter growth in global merchandise or goods trade but stagnation in services, UNCTAD said.. While international commerce was “greatly affected” by “economic and social disruptions brought about by Covid-19,” East Asia registered “gains in global market share” after being able to “better weather the challenges of the pandemic,” according to the UN trade body.