The Department of Finance isn’t very good with numbers apparently. In a Halloween-themed news focus “House of Horrors” The Sunday Times asks: with a finance department that gets it wrong so often, should we all be scared?
Posts Tagged ‘economics’
Fears of impending international food shortages, rising fuel costs and increased subsidies for biofuels have combined to attract increased interest from investors in food and agriculture stocks, The Sunday Independent reports.
This week’s Sunday newspapers invented a whole new genre of misery lit with the main theme being the sheer scale of the economic crises in which we find ourselves. The analogy doesn’t end there: the coverage does tend to induce page-turning and the ending doesn’t look pretty.
It’s over. The Irish love affair with property ownership is coming to an end and in future people will rent rather than buy, according to a new book by Gerard O’Neill, the chairman of market research company, Amarach.
Having failed to spot the patently obvious a couple of times, the Central Bank admits it will overhaul its forecasting skills but that “there is no explicit budget for this”, the Sunday Independent reports.