You are viewing the content for Tuesday 29 May 2012

IRELAND

500 pages of new testimony on Magdalene laundries

Justice for Magdalenes is to submit over 500 pages of newly gathered survivor testimony to Senator Martin McAleese — testimony in which women say they were imprisoned in Magdalene laundries and had worked without pay.

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Electricity and gas hikes twice EU average

Electricity and gas prices in Ireland jumped far ahead of rising energy costs in most other EU countries last year.

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Rabbitte confident Irish newspapers did not engage in hacking

Communications Minister Pat Rabbitte has expressed confidence that Irish newspapers have not engaged in phone hacking or the corruption of police and government officials, unlike some of their British counterparts.

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State agency to take over Garda compensation claims

There will be a "significant" saving on legal fees by transferring multimillion-euro compensation cases to the State Claims Agency, senior gardaí have said.

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Gavin keeps his feet on the ground at launch of planned garden for homeless

Celebrity gardener Diarmuid Gavin was very much down to earth for the launch of a community project to build an inner-city garden for homeless people in Dublin yesterday.

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WORLD

Housewife could face death penalty over drugs haul

A British housewife could face the death penalty after being arrested over a €2m cocaine haul on a tropical island.

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'This man should be arrested for war crimes'

An investigation was ordered after a protester burst into the Leveson Inquiry as Tony Blair was giving evidence and yelled "this man should be arrested for war crimes".

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Court seeks life for Israeli troops over flotilla deaths

A Turkish court has approved an indictment seeking multiple life sentences for four former Israeli military commanders over their alleged involvement in the 2010 killing of nine Turks on a Gaza-bound aid ship, state media reported.

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Cardinals linked to 'Vatileaks' scandal

The worst crisis in Pope Benedict's pontificate deepened when Italian media said at least one cardinal was among those suspected of divulging sensitive documents as part of a power struggle at the top of the Church.

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Blair had 'no choice but court the media'

British leaders have no choice but to court powerful media barons such as Rupert Murdoch or risk savage press attacks which are "full on, full frontal, day in, day out", former prime minister Tony Blair told an inquiry.

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SPORT

Moral victories no use, says Ryan

"The lesson must be, focus on the positives but make sure you learn from the experience, be a better team going forward," so said former Limerick selector and team captain TJ Ryan yesterday, after the loss to Tipperary in Sunday's Munster SHC first round in Thurles.

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Lar's pitch encroach could cost Premier

Tipperary GAA chiefs could face a number of fines for Lar Corbett's pitch encroachment in Sunday's Munster SFC quarter-final.

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Canning calls on tribe to be wary

Joe Canning reckons Galway got enough of a fright against Westmeath last year not to underestimate them this time round.

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Tipp expected Limerick onslaught

Tipperary star Noel McGrath says he and his team-mates weren't surprised by the strength of the Limerick challenge in last Sunday's Munster SHC semi-final.

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Kelly fitness boost for Déise

Waterford hurling boss Michael Ryan will be boosted by star forward Eoin Kelly's clean bill of health after last weekend.

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BUSINESS

Stockbrokers' shortfall undiscovered for five years

The Central Bank investigation into the collapse of Bloxham stockbrokers will focus on how the company managed to conceal a multimillion-euro shortfall in minimum capital requirements for a number of years.

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Consumer spending down 21% since 2007 peak

Consumer spending has fallen by 21% in cash terms since hitting a peak in 2007, the latest data from the Central Statistics Office indicates.

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First Derivatives sees profits rise to £6.9m

Pre-tax profit at capital markets service provider First Derivatives increased by 7% to £6.9m (€8.6m) for the 12 months ending Feb 29.

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Chelsea's Battersea bid 'way off the pace'

Champions League winner Chelsea Football Club will almost certainly fail in its bid to move its stadium to London landmark and Nama-owned Battersea Power Station, a source close to the sale process has revealed.

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Spain insists no foreign rescue needed

Conservative Spanish prime minister Mariano Rajoy insisted yesterday that the country's banking sector would not need an international rescue, as concern over the bailout of nationalised lender Bankia sent its stock price plummeting while Spain's borrowing costs soared.

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OPINION

RTÉ's future is safe in the hands of honest and skilled Tom Savage

SINCE we're all going to vote on Thursday (I hope), this is my last chance to write about the referendum. Before I do, I can't resist saying something about the Tom Savage conspiracy.

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Socialists a study in scaremongering as Enda stays on sunny side

Finally, the campaign for the referendum nobody really wanted, about the thing nobody really understands, was peaking.

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Renewable energy - It's time to plan rather than hope

The vast majority of energy consumed on this island, a figure of around 90%, is imported.

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Brokerage in difficulty - Clarity is needed

The credibility of the financial services sector is in the spotlight again after the Central Bank ordered stockbroker Bloxham to cease all regulated activities following the discovery of what were described as "financial irregularities" at the securities firm.

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FARMING

Sales of organic food across Europe continue to rise despite austerity

Sales of organic food continued to rise across Europe during 2011, a trend welcomed by the sector in Ireland.

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Origin stock secures 'outperform' rating as revenues rise by 7%

Agri-services group Origin Enterprises has seen its revenues rise 7% for the year to date, having reached the nine-month mark to Apr 30 in its fiscal year.

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