Sarah Collins: US debt-ceiling showdown could risk ‘Brexit-style’ shock in Ireland

A potential US debt default, a ‘technical’ German recession and higher-than-expected UK inflation have led to concerns for the Irish economy

Eurogroup president Paschal Donohoe said the eurozone economy is 'in a good place' despite the global uncertainty. Photo: Brian Lawless/PA

Sarah Collins

Financial markets are increasingly volatile as investors digest the conflicting indicators of recession in Germany and threatened US government default versus a buying frenzy for shares promising to cash in on artificial intelligence (AI).