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Jack Chambers - 1 Chambers - 1 Margrethe Vestager - 1 Apple - 1 Michael McGrath - 1 Ireland Michael McGrath - 1
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Ireland - 2 Irish Finance - 1 Court of Justice - 1 Apple - 1 multilateralism - 1

Search resuls for: "Irish Finance"


9 mentions found


☆ Ireland reveals how it plans to spend ‘transformational’ $14 billion Apple tax windfall
  + stars: | 2024-10-02 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com   time to read: +1 min
Ireland's government on Tuesday outlined how it intends to spend 13 billion euros ($14.4 billion) in Apple back taxes — a windfall that Dublin actually spent several years fighting to avoid. His comments come three weeks after the European Court of Justice (ECJ) ruled against Apple over its tax affairs in Ireland. The landmark decision, which the court said was final, said Apple must pay Ireland billions of euros in back taxes. The ECJ's ruling was welcomed by tax justice advocates, as well as the bloc's outgoing competition chief Margrethe Vestager, who described the pronouncement as a "huge win" for European citizens. Apple said at the time that it was disappointed with the decision, while the Irish government said that its position had always been that it "does not give preferential tax treatment to any companies or taxpayers."
Persons: Jack Chambers, Chambers, Margrethe Vestager, Apple Organizations: Irish Finance, Court of Justice, Apple Locations: Apple, Dublin, Ireland
☆ Ireland seeks 'cordial' relationship with China, will keep advocating for multilateralism, minister says
  + stars: | 2024-03-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIreland seeks 'cordial' relationship with China, will keep advocating for multilateralism, minister saysMichael McGrath, Irish finance minister, said Ireland wants a strong, cordial and mutually beneficial relationship with China, while adding that 'countries and continents' desire strategic autonomy when it comes to critical supply chains.
Persons: Michael McGrath Organizations: Ireland, multilateralism Locations: China, Irish, Ireland
☆ Irish finance minister: Significant fiscal intervention right policy for Ireland
  + stars: | 2024-01-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIrish finance minister: Significant fiscal intervention right policy for IrelandMichael McGrath, Ireland's minister of finance, weighs in on the state of his country's economy, his outlook for 2024, and how central banks are impacting European economies.
Persons: Ireland Michael McGrath Organizations: Ireland
☆ AI boom could expose investors’ natural stupidity
  + stars: | 2023-05-19 | by ( Felix Martin | ) www.reuters.com   time to read: +7 min
Indeed, enthusiasm about AI has become the one ray of light piercing the stock market gloom created by the record-breaking rise in U.S. interest rates. It’s a good moment for investors to be especially alert to the tendency of natural stupidity to drive stock market valuations to unrealistic – and therefore ultimately unprofitable – extremes. However, the most important lessons of behavioural economics relate to a more fundamental question: Will the new generation of AI do what it promises? Behavioural economics offers some cautionary tales for such attempts to apply AI in the wild. For example, stock market returns can be affected by a small number of rare but extreme movements in share prices.
☆ "Calm down!" EU finance ministers play down SVB contagion despite banking shares rout
  + stars: | 2023-03-13 | by ( Philip Blenkinsop | ) www.reuters.com   time to read: +3 min
SummarySummary Companies European bank shares down nearly 10% over two daysMinisters try to soothe markets as investors dump bank stocksFrance's Le Maire: "calm down!" BRUSSELS, March 13 (Reuters) - European finance ministers and the EU's economics commissioner played down the contagion risk of the collapse of U.S. Silicon Valley Bank (SVB) while European bank shares saw their biggest rout since the start of Russia's invasion of Ukraine. At the start of a Eurogroup finance ministers meeting in Brussels, French Finance Minister Bruno Le Maire called on markets to "calm down" and European Economic Commissioner Paolo Gentiloni stressed he did not see a risk of contagion for European banks following SVB's collapse (SIVB.O). France's Le Maire and his Belgian counterpart Vincent Van Peteghem also said they saw no specific concern for their country's banks, as investors were dumping their financial institutions' shares. Belgian finance minister Vincent Van Peteghem also poured oil on the waters.
☆ Analysis: Washington pushes for harsher action against banks with Russia ties
  + stars: | 2023-02-14 | by ( John O'Donnell | ) www.reuters.com   time to read: +6 min
"We are looking at additional banks and financial institutions to see how Russia deals with the outside world. Some European banks, including UniCredit (CRDI.MI) and Raiffeisen Bank International (RBIV.VI), have large businesses there and must follow local rules to grant payment holidays to soldiers. ENFORCEMENTO'Brien said that the United States would step up enforcement, something the EU also hopes to improve. "We are now looking at how sanctions, including financial sanctions, can be most effective," he said. "While the majority of important Russian banks are sanctioned, there is a lot outside that perimeter that you could go after," said Nicolas Veron, of Washington think tank the Peterson Institute for International Economics.
☆ Watch CNBC's full interview with Irish Finance Minister Michael McGrath
  + stars: | 2023-01-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Irish Finance Minister Michael McGrathMichael McGrath, minister of finance for Ireland, discusses ongoing Brexit negotiations, and the country's relationship with the European Union.
☆ More positive Brexit discussions between UK and EU underway, says Irish finance minister
  + stars: | 2023-01-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMore positive Brexit discussions between UK and EU underway, says Irish finance ministerMichael McGrath, minister of finance for Ireland, discusses ongoing Brexit negotiations, Irish relations with Sunak's new U.K. government, and the economic climate in the country.
☆ Russian oil cap will work, EU ministers insist, despite Kremlin opposition and broad skepticism
  + stars: | 2022-12-06 | by ( Silvia Amaro | ) www.cnbc.com   time to read: +2 min
G7, the EU and Australia implemented on December 5 a cap on Russian oil prices. BRUSSELS — A price cap on Russian seaborne oil will work, EU ministers told CNBC, despite attempts from the Kremlin to escape sanctions and a broad market skepticism over the measure. When asked if the oil cap can work in reducing Russia's oil revenues, Irish Finance Minister Paschal Donohoe said, "Yes, it can." One of the big open questions is the role of India and China in the implementation of this price cap. "Then we will assess the consequences of the implementation of this oil cap," he added.
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