From New York to Jakarta, global media focuses on Dublin

INTERNATIONAL attention turned to the possible hiking of Ireland’s low corporation tax rate and movement towards an expected deal with European authorities and the IMF over Ireland’s battered banks.

Global media continued to speculate last night as to the amount of money the Government could secure in a financial aid package.

There were also hints that major global powers could step up to help, especially if a bailout of Ireland fails to ease worried markets over other debt-ridden EU states.