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.
Posts Tagged ‘economics’
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.
The cost of electricity will increase from October by an average of 5% for households and €100 a year for businesses, the Sunday Business Post reports. The move comes on the back of the energy regulator’s need to raise €156m to pay for a levy to subsidise peat and renewable energy producers.