Business World

Wednesday 17 September 2014

Kenny praises Ireland’s ‘Four Ts’ of taxes, talent, technology and track record

Published 25/01/2013 | 11:19

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Taoiseach Enda Kenny

TAOISEACH Enda Kenny is wrapping up his three-day visit to Davos in Switzerland today with a series of meetings with business leaders and politicians.

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Mr Kenny hosted a IDA-sponsored dinner for around 50 business leaders last night where he praised Ireland's "four Ts"; taxes, talent, technology and track record. The dinner was also attended by Finance Minister Michael Noonan.

Today’s sessions in Davos kicked off with a discussion on how women can be helped in business. Facebook chief operations officer Sheryl Sandberg urged companies to talk to young women and tell them that they will be supported when they decide to have children. Companies don't do this because they are worried about the legal implications but it is necessary to have an open conversation to keep women and help them, Ms Sandberg said. Women are in a "double bind" because they work and raise families.

IMF boss Christine Lagarde urged women to accept and enjoy their difference to men. She said she never worked on Wednesday afternoons at her Boston law firm when she had children and it did not damage her work.

"Women usually get the job when it is a lost cause, broken or bankrupt and they turn it around," said the IMF's' first female boss who got the job after Dominque Strauss-Kahn resigned following rape accusations that were later dropped. She pointed to the head of Iceland's two banks who are both women and currently helping those banks to recover.

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