Why are Irish banks holding savers hostage?

Why are Irish banks holding savers hostage?

Saving money in a bank is meant to be a reliable and secure way to store and save hard-earned funds. However, in recent years, Irish savers have been finding themselves caught in a frustrating position. With interest rates at historic lows, many savers are struggling to find ways to make their money grow while also … Read more

Amid high wholesale electricity prices, ESB’s profits more than doubled last year.

Amid high wholesale electricity prices, ESB’s profits more than doubled last year.

The Energy Supply Board (ESB), the state-owned electricity company in Ireland, saw a significant increase in profits over the past year due to soaring wholesale electricity prices. The company announced that their profits more than doubled, highlighting the growing demand for energy in the country. As households and businesses continue to rely heavily on electricity, … Read more

Feeding Her Six Cats: A Young Woman Prepares Homemade Meals Once a Week

Feeding Her Six Cats: A Young Woman Prepares Homemade Meals Once a Week

Inflation in the UK has caused the cost of living for ordinary people to rise exponentially. Reports indicate that people are facing its consequences in various ways. Yasem Kaptan, 46, from North London, is starving and feeding her six cats. They eat only one day a week. Yasem Kaptan says she has to starve to … Read more

Varadkar: Banks cannot simultaneously demand rate hikes and expect benefits

Varadkar: Banks cannot simultaneously demand rate hikes and expect benefits

Leo Varadkar, the former Taoiseach of Ireland, has recently spoken out against Irish banks and their recent rate increases. Varadkar argues that the banks cannot have it both ways, that they cannot expect to be bailed out by taxpayers in times of need, while also increasing the cost of borrowing for those same taxpayers. In … Read more

The Irish economy experiences an unexpected surge in inflation rate, hitting 8.5% in February.

The Irish economy experiences an unexpected surge in inflation rate, hitting 8.5% in February.

Inflation rates have always been a concerning factor for every economy, and Ireland is no different. Recently, the country witnessed an unexpected rise in the inflation rate that shook the market. In February, the inflation rate in the Irish economy rose to an alarming 8.5%, taking everyone by surprise. This news has significant economic implications … Read more

With 12 wives, 102 children and 568 grandchildren, this farmer decides to stop polygamy due to the pressure on living expenses

With 12 wives, 102 children and 568 grandchildren, this farmer decides to stop polygamy due to the pressure on living expenses

KAMPALA, KOMPAS.com – A farmer Uganda who has 102 children and 568 grandchildren from 12 wives has finally decided to stop raising his family. Musa Hasahya (67), now asks his wives to use contraception so they can afford to buy food for their daily consumption. “My income has gotten lower and lower over the years … Read more

New year, new price! In 2023, what additional costs should Thais pay?

New year, new price!  In 2023, what additional costs should Thais pay?

Year 2022 Considered a ‘brutal’ year and ‘rocky’ another year. Not only with Thais but also spread all over the world With both the outbreak of COVID-19 not yet over economic crisis Russo-Ukrainian war Energy crisis, etc., raged and extended to all the money in the wallet. Many people sent their regards in the beginning.New … Read more