Paschal Donohoe is an Irish Fine Gael politician.
There is a word for those who believe that bad things come in threes — triaphilia. Brexit, the pandemic, and war-induced inflation, leading to a cost-of-living crisis, could be said to fit what is a confirmation bias to group such events into threes.
THIS weekend marks two years since the ‘grand coalition’ of Fianna Fáil, Fine Gael and the Green Party came to power. Micheál Martin’s Cabinet picks brought together a mix of very experienced ministers and rookie TDs. With a reshuffle scheduled for later this year, Political Correspondent Senan Molony assesses who is swimming and sinking.
EU leaders met on Friday to prepare for further cuts in Russian gas, limit the impact on inflation and seek alternative supplies, accusing Moscow of “weaponising” energy via a supply squeeze that Germany warned could partly shut its industry.
Sir — I have so far seen no mention anywhere of any events arranged for Galway to commemorate the centenary of the June 28, 1922 burning of the Ballyconree Boys Protestant Orphanage in Sky Road, Clifden, by the Clifden Battalion of the West Connemara Brigade of the anti-Treaty IRA.
Bill Browder, the financier and political activist who is a long-time critic of the Kremlin, has criticised Tánaiste Leo Varadkar and Finance Minister Paschal Donohoe for meeting with a UK Conservative life peer to discuss his plan to take over the Aughinish Alumina refinery in Limerick.
Taoiseach Micheál Martin has vowed that the Government will crack down on any evidence of "reprehensible" profiteering as a result of the energy, food and cost-of-living crisis sparked by the war in Ukraine and the recovery from the pandemic.
Firms are increasingly offering employees sweeteners including flexible working, personal leave and mental health supports to keep them happy at work. But can they replace a good old-fashioned pay rise, particularly as inflation nears double digits?
Finance Minister Paschal Donohoe has said an “economic regime change” is now under way and has warned the Government’s balance sheet cannot be used to absorb all of the current price shock. In the prevailing inflation crisis, however, it is more important than ever that whatever further assistance is made available in the budget later this year — to mitigate the cost of living — be primarily targeted at those who need it most.
Politicians have a very unusual relationship with language. They are rarely precise and when it comes to talking about the future, they select words that carry a vagueness but still get across roughly the message they want.
Consumers are feeling the squeeze from inflation, from the supermarket and the petrol pump to escalating bills for electricity and heating. Indeed, household budgets – especially among lower-to-middle income earners – are taking a hit as consumer prices run at a 22-year high of 7pc.
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