Europe began a new campaign to shield economies from the coronavirus as the region’s two main central banks either delivered or signaled action to avoid a 2008-style crisis, and German Chancellor Angela Merkel promised to do “whatever is necessary”.
A new law extending the minimum jail time that murderers serve hasn’t been activated yet — so families bereaved by murder are begging Justice Minister Charlie Flanagan to implement the Parole Act 2019, writes
Immediately after the crushing loss of over 1,000 local election seats by the Conservative Party last week, sterling strengthened to its best in over 12 months pushing the euro down to and taking some of the pressure off hard pushed Irish exporters to the market.
A former Lord Mayor of Cork has called on a triple rapist not to return to his native city following his release from prison on the grounds that women in the area have expressed fear about his presence in the local community.
Britain is expected to choose a new central bank chief this year to succeed Canadian Mark Carney, who will step down in June 2019, three months after the country’s scheduled exit from the EU. No one has yet thrown their hat into the ring to succeed him, but there are numerous contenders.
Sterling has fallen to a 31-year low against the dollar and hit a five-year low against the euro on fears of a hard exit by Britain from the EU and prime minister Theresa May’s comments on the impact of loose monetary policy which some saw as a thinly veiled attack on the Bank of England.
The Bank of England’s top two monetary policymakers yesterday said UK interest rates may need to fall further, as surveys sustained their view that even a “sledgehammer” stimulus will not be enough to fully counter a post-Brexit vote slowdown.