EU ministers mull windfall tax on excessive profits of power companies during Hormuz crisis
Earnings ‘not on the basis of enterprise or innovation’ at a time when households and businesses face pressure
Energy Crisis
Global markets are signalling danger. Here’s what it means for Irish households
Interest rates on the rise in US and euro zone while borrowing costs touch levels not seen since 2007
Tenth of Irish renewable electricity lost in 2025 due to grid constraints
Electricity demand rise driven primarily by 9% increase in demand from large energy users including data centres
Saudi warplanes attack Yemen as Houthis solidify gains
Yemeni militant group claims it shot down a Saudi F-15 fighter jet
Budget 2027 update: From income tax to child benefit – here’s what we know so far
Spending of €7 billion planned with €1.5 billion in tax reductions
Budget 2027: ‘Specific consideration’ for measures to tackle rising heating oil costs
Jack Chambers was speaking at Dublin Castle in advance of an EU presidency meeting
Lane warns inflation squeeze will worsen, leaving door open for further rate hike
Philip Lane says latest move was measured adjustment to significant inflation issue
There is a landmine posing a big danger to next month’s budget
Ministers have raised hopes of a giveaway budget - but events are turning against them
Greens call for €2.5bn to fund solar panels in homes and for ‘targeted’ energy credits
At Dublin think-in the party calls for 1 per cent levy on electricity use in data centres
Energia dual-fuel customers to be €230 worse off after price hike announced
Supplier says new charges will come into effect for its 200,000 Irish customers from October 12th
Revenge of the fossil fuel industry?
Government could come up with a more sensible and environmentally sound policy
Oil breaches $100 barrier for first time since July
Brent crude advances as escalation in US-Iran war feeds fears of renewed global supply crunch
The two things that make Ireland expensive: Energy and housing
The drivers of Ireland’s high-cost economy are many but two stand out
Ireland’s services sector expands in August but employment growth stalls
Cost pressures intensify but remain below earlier peak, says AIB
Fuel supports extended by two months as Dáil vote splits Healy-Rae brothers
Reduction of 30c per litre for diesel and 25c for petrol to remain in place until October 31st
Emergency advice booklets to be distributed to households
The booklet provides tips on being prepared for extreme weather, prolonged power outage and other emergencies
Report lists more than 60 measures to address business costs and ease regulatory burden
Forum to bring regulators and the businesses they regulate together ‘should meet quarterly to discuss cost of business’, report recommends
Fuel excise cuts have been given a reprieve – but what happens if oil prices stay high?
Squaring that particular cost-of-living circle could blow a hole in the budgetary arithmetic
Short on land, long on vision: Dutch lead the way on food production
Ireland could learn much from a nursery and research institute in the Netherlands
Reduced estimate for future electricity demand raises awkward questions for EirGrid
Problems mount for national grid and regulator
Regulators cut estimates of future Irish electricity demand, sparking fears of power shortage
Companies will bid in an auction early next year to supply energy into grid from new power plants
Long-term storage of nuclear waste must be key consideration in debate
Nuclear waste never goes away; its forever storage is part of the cost of nuclear energy
Ireland considering nuclear power as Government attitude shifts amid fresh energy crisis
A modern conventional plant that began operating in Finland in 2024 is proposed as a potential case study
Pakistan says US and Iran are close to ‘some sort’ of deal
Four killed in suspected Houthi attack on Egyptian vessel in Red Sea
Diesel and petrol prices surge in August with further rises expected in coming months
Diesel up 19 cents and petrol up 9 cents from July, AA Ireland says, with further rises expected
Government sums leave little scope for tax cuts in Budget 2027
Vital public investment has too often been sacrificed to protect current services and minimise tax bills
Aughinish Alumina: Government should act urgently, enabled by emergency legislation
It is naive to think Ireland’s interests can be divorced from the outcome of Russia’s war in Ukraine
Aer Lingus loses €34m in first half ahead of planned cuts in staff
Airline blames higher fuel costs and tough competition on North Atlantic routes for shortfall
Heat pump installations must increase twentyfold ‘to meet green targets’
Climate Change Advisory Council also warns against further delay of rises in carbon tax
Trump close to deciding on ‘massive attack’ against Iran after Houthis strike Red Sea tankers
UN’s António Guterres says Middle East being pushed to ‘edge of the unimaginable’ amid mounting fears over conflict’s trajectory
Trump warns of ‘massive attack’ if Iran fails to negotiate
Trump has renewed threats to attack Iranian infrastructure
AI is turning everything into a software project – whether worthwhile or not
A 160-year-old economic theory is key to the AI revolution
Iran issues warning to Bulgaria over plans to host US military aircraft
Oil prices jump 30% this month; US widens scope of strikes on Iran
Wholesale electricity prices fell by 6.2% in June
Wholesale electricity prices decreased by 6.2 per cent last month, but remain much higher than last year
Oil tankers reverse course as Yemen’s Houthis open new front in US-Iran war
Washington continues attacks on Gulf nation with Tehran launching strikes at US sites in Bahrain, Kuwait and Jordan
Oil prices rise back above $90 as Iran hits tankers
US carries out fresh wave of attacks as the number of American casualties rises
Chipmaker rout delivers dose of reality in markets
Investors have been living in a fantasy this year in the face of troubling global developments
Electricity waste hits €1.6m daily while ‘550,000 suffer energy poverty’
Energy charity seeks national policy on using surplus wind energy to power low-income homes
Cutting excise duties on petrol and diesel is the wrong approach, EU commissioner warns
China racing towards becoming an ‘electro-state’ while European green transition stagnating, energy commissioner warns
AI-related trade a bright spot for Ireland amid Trump tariffs ‘whiplash effect’, says Ibec
But outlook for Irish economy remains ‘volatile’ amid uncertainty around global energy prices
Trump to drop proposed Strait of Hormuz cargo fee as fresh strikes launched against Iran
US president says he will ‘replace’ plan with investment from Gulf states into US amid ongoing exchanges of fire with Tehran
Dublin Airport passenger cap ignores reality of changing climate
Ireland is now a haven from extreme heat events plaguing other parts of the world
US and Iran exchange heavy strikes as Tehran targets facilities across the Gulf
Tehran targets US facilities across Gulf while Washington claims commercial shipping continues through strategic waterway
Retrofit expert SE Systems to create 150 jobs as it plots national expansion
Cork-based company has invested €3m in a new HQ and plans to grow Dublin, Cork, Clare and Donegal presence
Irish inflation falls to 3.4% in June
Latest Consumer Price Index was compiled before the current tit-for-tat attacks between US and Iran
Global economy caught between competing forces of Iran war and AI
IMF says two forces are pushing global economy in opposite directions as it cuts euro zone growth outlook
Global economy is coping with a multitude of challenges, but can it last?
Are we invulnerable or just plain lucky?
Buoyant tax receipts provide cover for runaway State spending
General government expenditure has jumped by 54 per cent since 2019
Cuts to fuel taxes won’t be fully reversed until after Budget, Coalition leaders decide
Cuts are due to expire at end of July, with Taoiseach and Tánaiste saying there will be no ‘cliff edge’
Loveholidays CEO: ‘Ryanair thought all online travel agencies were pirates. But not us’
Donat Rétif did not fly on an aeroplane until he was 20 – now he runs a package holiday firm worth €1bn-plus
AI boom to put gloss on domestic Irish economy despite rising inflation, says ESRI
Think tank has raised its forecasts for inflation, driven by soaring energy prices due to ‘fluid’ situation in the Gulf
Euro sinks to one-year low as falling oil prices ease pressure on ECB
Traders back away from bets on further interest rate rises as economy slows
Expectation on fuel-duty decision shows how hard it is to unwind cost-of-living supports
Inside Politics: Staying safe in Europe during the heatwave, and claims Occupied Territories Bill has been designed to avoid ‘annoying the Americans’
Crosswords & Puzzles
Crosswords & puzzles to keep you challenged and entertained
Stardust
Inquests into the nightclub fire that led to the deaths of 48 people
Common Ground
How does a post-Brexit world shape the identity and relationship of these islands
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Weddings, Births, Deaths and other family notices