The Central Bank has raised concerns regarding the potential economic impact of tariffs and tax changes proposed by the Trump administration, specifically on US multinationals operating in Ireland. It emphasized the risks to employment, investment decisions, and corporation tax revenues,…
The Syrian Central Bank currently holds approximately 26 tons of gold, the same amount present at the start of the civil war in 2011, according to Reuters. However, foreign currency reserves have drastically dwindled from $14 billion in late 2011…
A recent report from the Economic and Social Research Institute (ESRI) has raised alarms about the possibility that Ireland’s property market may be overvalued by up to 10%. After a significant increase in housing prices since 2013, the ESRI warns…
Turkey is grappling with a counterfeit dollar scandal, with an estimated $600 million in fake banknotes in circulation. The situation has severely impacted currency exchange activities and raised alarms at the Central Bank. Jewelers report a significant drop in dollar…
The Central Bank of Ireland has issued a Financial Stability Review highlighting risks from global uncertainty and political tensions that could lower trade and economic growth. Governor Gabriel Makhlouf expressed concerns over the country’s heavy reliance on multinational firms and…
