US TV presenter gets confused about Ireland’s sovereignty

American television host Joe Kernan should probably have done a bit of research before he interviewed head of IDA Ireland Martin Shanahan about the country’s economic prospects on CNBC's 'Squawk Box'.

Kernan seemed to be a bit confused during the interview when his co-host asked Shanahan about the effect of the Euro on Ireland.

Kernan interjected: "You have pounds anyway, still?"