April, 2011 | Refinancing

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Archive for April, 2011

Watchdog calls for alternative to PFI

April 28th, 2011

The Treasury must find alternatives to the private finance initiative for delivering big infrastructure projects, parliament’s public spending watchdog has warned (Source: FT.com – Drugs and Healthcare)

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Watchdog warns over future use of private finance initiative

April 28th, 2011

The national spending watchdog has issued a warning over future use of any private finance initiatives to build hospitals, saying other ways of funding public projects might be better value for… (Source: BMJ Online First)

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Irish goods exports rose 11% in February when industrial production fell 2.3%

April 21st, 2011

Seasonally adjusted Irish goods exports increased by 11% in February 2011 while imports rose by 3% leading to an increase of 33% in the seasonally adjusted trade surplus to €3,829m. On an unadjusted basis, the value of exports in February 2011 was up by 14% compared with February 2010 and the value of imports was up by 18%. Earlier in February, we reported that that industrial production fell 2.3% in February.

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Irish Financial Services Ombudsman says complaints hit record high; Awards compensation of over €1.3m

April 21st, 2011

The Irish Financial Services Ombudsman (FSO), William Prasifka, today published his Office’s Bi-Annual Review (July–December 2010) and he says public complaints in the period hit a record high. Compensation of over  €1.3m was awarded.

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Markets News Thursday: OECD cuts Japan’s 2011 economic forecast by half

April 21st, 2011

Markets news on stocks, currencies and commodities; The impact of last month’s devastating quake and tsunami disaster will cut Japan’s economic growth to 0.8% this year, the OECD said Thursday, halving its previous forecast of 1.7%.

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Irish Economy 2011: The Jobs Initiative and a promised ambitious long-term strategy

April 21st, 2011

Irish Economy 2011: The Government’s planned Jobs Initiative should be the start of a retooled enterprise policy to meet the multi-year challenge of creating a huge number of jobs. An “ambitious long-term strategy” has been promised.

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Thursday Newspaper Review – Irish Business News and International Stories – – April 21, 2011

April 21st, 2011

Principal news stories from the Irish Independent, Irish Times, Irish Examiner, Financial Times and New York Times.

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Apple reports 83% revenue growth, 95% profit growth record; iPhone sales up 113% in quarter

April 21st, 2011

Apple on Wednesday announced a stunning  fiscal 2011 second quarter, which  ended March 26, 2011, with 83% revenue growth, 95% profit growth record and iPhone sales up 113%.

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German anti-nuclear NIMBYs now protest against green "energy autobahns"

April 21st, 2011

Fresh from a victory in forcing the German government to abandon its nuclear policy, NIMBYs (people afflicted with the Not In My Back Yard syndrome) are bracing to battle against the massive new power lines and wind turbines that are being built across the country as part of the green energy program, but Der Spiegel magazine says the “energy autobahns” are facing resistance from all sides.

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US multinationals cut US jobs, boosted foreign jobs in past decade; Exports from America also rose

April 21st, 2011

US multinationals (MNCs) cut their workforces in the US by 2.9m during the 2000s while increasing employment overseas by 2.4m, new data from the US Bureau of Economic Analysis show. In the previous decade, MNCs added 4.4m in the US and 2.7m overseas. However, the MNCs have also become increasingly dependent on revenues from overseas.

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