❌

Lese-Ansicht

AI Job Disruption Has Come for Ireland's Technology Sector

The country benefited from a jobs boom after attracting US multinationals, but some of these roles are being cut in the name of AI efficiency.

Commuters pass through the 'Silicon Docks' area in central Dublin, Ireland, on Monday, Oct. 16, 2023. Ireland�detailed plans to transform one of Europe�s rare budget surpluses into a sovereign fund expected to grow to around �100 billion ($106 billion) over the next 12 years to protect the economy from future downturns.
  •  

Ready for the Future, Ireland Is Also Vulnerable to It

Ireland may be a bellwether for how an economy can bet its future on technology and lose.

Commuters pass through the 'Silicon Docks' area in central Dublin, Ireland, on Monday, Oct. 16, 2023. Ireland�detailed plans to transform one of Europe�s rare budget surpluses into a sovereign fund expected to grow to around �100 billion ($106 billion) over the next 12 years to protect the economy from future downturns.
  •  

AI Job Disruption Has Come for Ireland's Technology Sector

The country benefited from a jobs boom after attracting US multinationals, but some of these roles are being cut in the name of AI efficiency.

Commuters pass through the 'Silicon Docks' area in central Dublin, Ireland, on Monday, Oct. 16, 2023. Ireland�detailed plans to transform one of Europe�s rare budget surpluses into a sovereign fund expected to grow to around �100 billion ($106 billion) over the next 12 years to protect the economy from future downturns.
  •  

Irish Corporation Tax Receipts Rise Despite Reshoring Fears

Irish corporate tax receipts rose in the first half of the year, despite concerns that American firms would reshore profits as part of President Donald Trump’s vow to bring US company profits home.

A pedestrian walks a dog near the Google Inc. European headquarters in Dublin, Ireland, on Thursday, Oct. 15, 2020. Office vacancy rate rose from 6.65% at end of the second quarter to 8.64% at end of the third quarter, CBRE Group Inc. said.
  •  

Why Ireland Distorts the Euro Zone’s GDP Numbers

Few countries punch above their weight as much as Ireland does. Culturally, the tiny island nation of just 5 million people boasts award-winning actors such as Cillian Murphy, world renown brands like Guinness, and some of the best butter anywhere. Ireland’s leader is practically guaranteed a White House meeting with the US president every year on St. Patrick’s Day.

Shoppers on Grafton Street in Dublin. Photographer: Patrick Bolger/Bloomberg
  •  

Irish GDP Falls 12% in First Quarter on Multinational Sector

Irish gross domestic product fell 12% in the first three months of the year as the multinational-dominated sector contracted.

The National Treasury Management Agency (NTMA) building, center right, and the Central Bank of Ireland building, center left, along River Liffey in Dublin, Ireland, on Friday, Nov. 22, 2024. Ireland's election will be a big test of how the country handles its cash surplus. Photographer: Paulo Nunes dos Santos/Bloomberg
  •  

Ireland Must Address Economic Vulnerabilities, IMF Warns

Ireland cannot take its fiscal resilience for granted, the International Monetary Fund warned, as unpredictable geopolitical events elevate uncertainty even in one of Europe’s strongest economies.

The International Financial Services Centre in Dublin, Ireland, on Wednesday, Nov. 27, 2024. Ireland holds a general election on Nov. 29.
  •  
❌