Potential for serious economic damage to Ireland as Trump reshapes trade, Cabinet told
The Cabinet was yesterday given a stark warning about potentially damaging economic fallout for Ireland from the unsettled global situation and the arrival of Donald Trump in the White House in the new year.
In its first meeting since the start of the general election campaign, which has seen all parties make expansive spending promises for the next five years, senior officials have drawn up the starkest warning yet about the dangers to Ireland’s prosperity from factors outside our control.
Ministers were told that the world is in an “especially challenging time for global peace and security” and that it was likely that Ireland would feel economic consequences from this.
News in Ireland
- Ireland weather: Snow and ice warnings in effect across Ireland with highs of four degrees expected on Thursday: Two status orange weather warnings for snow, ice and rain have been issued for six counties with “heavy” snowfall accumulations expected throughout the night on Wednesday.
- Paschal Donohoe had private undisclosed dinner with Ryanair’s Michael O’Leary: Fine Gael’s Paschal Donohoe held a private and previously undisclosed dinner meeting at an upmarket Dublin restaurant with Ryanair chief executive Michael O’Leary in February 2022.
- ‘I’m hoping at least one girl who is on the fence about reporting her violent boyfriend ... will read about my case’: Jade Rasmussen’s boyfriend was jailed last month. She urges young women in controlling relationships to seek help, assuring they too will be taken seriously
- Promises, promises: What do the Election 2024 parties stand for? Use this tool to compare their manifestos: We slice and dice the manifesto pledges of the main parties under ten policy headings
- ‘We have all seen the video’: Dundalk voters give verdict on John McGahon as Fine Gael candidate goes to ground: “I think he is in serious trouble,” says Pat Bellew of Senator John McGahon’s chances in the general election.
- Weather forecast: A very cold and treacherous start to Thursday with lying snow across parts; frost and ice in places . Wintry outbreaks of snow, sleet, rain will clear most areas by mid-morning. While sunshine will develop, a few scattered wintry showers will follow into Atlantic counties. Icy stretches will linger. Highest temperatures of 1 to 4 degrees in a chilly northerly winds, Met Éireann says
- Check out today’s Most Read stories
- Join The Irish Times WhatsApp channel for breaking news straight to your phone.
The Big Read
- Restaurant review: A masterclass in French classic cooking in Dublin 4: I’ve been banging on about the lack of proper French restaurants in Dublin for years. Loudly. And, until recently, to absolutely no avail. If dining trends are cyclical, the 2015 closure of Racine in London – where I once dined on Henry Harris’s famed tête de veau with sauce ravigote, minus the calf’s brain (something to do with supply, I was told, though it didn’t stop the obvious jokes) – marked the end of bourgeois cooking and the dominance of new Nordic cuisine and its small plates.
Opinion
- Finn McRedmond: I could live with celebrity politicians if they were all like Jeremy Clarkson
- Gerry Adams: Some see election campaigns as opportunities to write Sinn Féin’s obituary. Sorry to disappoint:
Business
- Big Tech may not get everything it wants from Trump: In the prologue to her fiendishly enjoyable tech memoir/history Burn Book: A Tech Love Story, the reliably prickly US journalist Kara Swisher rotisseries some of the industry’s biggest names for skulking into that infamous 2016 meeting with president-elect Donald Trump and kissing the ring.
Sports
- Ciara Mageean: ‘I just felt numb. It wasn’t even sadness, it was just emptiness’: This is still not easy. Downstairs, the great and good of Irish athletics are gathering for their annual awards, celebrating a year that launched track and field back into the mainstream. In a while, Ciara Mageean will go and get her gúna on and head down to be feted for the European gold she won in Rome in June. But first, Paris.
World
- US plans to reopen embassy in Kyiv after threat of Russian attack: The United States and several European countries closed their embassies in Kyiv on Wednesday due to fears of a massive Russian rocket attack, as Ukraine reportedly hit Russia for the first time with Storm Shadow cruise missiles supplied by Britain.
READ MORE
- Michael Harding: I went to the cinema to see Small Things Like These. By the time I emerged I had concluded the film was crap: It was the middle of November. I had not seen as lovely an autumn for many years. Leaves falling slowly and no frost. Each morning a deeper carpet of leaf holding the light and assaulting my eyes when I opened the curtains. Even the birds on the feeder seemed relaxed and unworried about the impending winter as they pecked at the peanuts.
Podcast Highlights
Election Daily: What is Sinn Féin's 'peer review' of RTÉ Gaza coverage all about?
Listen | 22:10
Why not try one of our Crosswords & Puzzles?
Like this?
Get the best content direct to your inbox by signing up to one of our newsletters