Europe News
EU Ministers Consider Windfall Tax on Energy Companies as Price Volatility Persists
EU ministers are considering a windfall tax on energy companies as price volatility puts pressure on households, businesses…
Energy prices
Europe News
ECB Raises Deposit Rate to 2.5% as Energy Shock Pushes Eurozone Inflation Higher
The ECB has raised its deposit rate to 2.5% as higher energy costs push eurozone inflation higher, affecting…
Europe News
EU Countries Face Nearly €41 Billion in Extra Fossil Fuel Costs
European countries face nearly €41bn in extra fossil fuel costs after a price surge linked to the war…
Europe News
Irish Finance Minister Links Energy Crisis to Hormuz Closure, Not Ukraine
Ireland’s Finance Minister Simon Harris says the Hormuz closure and Middle East escalation, not Ukraine, are driving the…
World News
Strait of Hormuz Attack: Two Sailors Missing After Oil Tanker Fire
Two sailors are missing after an oil tanker fire in the Strait of Hormuz, with Oman confirming 23…
Europe News
US Treasury Yield Briefly Tops 5% as Bond Sell-Off Spreads Across Europe
US 10-year Treasury yields briefly topped 5% as energy prices and borrowing pressures drove a wider bond sell-off…
World News
Oil Prices: Yemen Houthi Gains Raise Global Supply Fears
Saudi Arabia’s pipeline shutdown and Houthi gains in Yemen are raising global oil supply concerns, with possible effects…
Breaking News
Breaking News: Russia-Ukraine War Latest Updates and Why Ireland Is Watching Closely
Breaking News on the Russia-Ukraine war and why the latest developments matter for Ireland, Europe, energy, security and…
Europe News
Eurozone inflation rises to 2.9% as energy pressures return
Eurozone inflation rose to 2.9% in July, keeping pressure on the ECB as energy costs and uneven national…
Breaking News
Breaking News: Excise Duty Cuts on Fuel Set to End as Irish Pump Prices Face Fresh Pressure
Temporary fuel excise cuts in Ireland are ending, raising the prospect of higher petrol and diesel prices for…
Europe News
Eurozone inflation rises to 2.9% as energy costs keep price pressures alive
Eurozone inflation has risen to 2.9%, keeping pressure on the ECB and raising fresh concerns about energy costs…
Europe News
Iran threat in Strait of Hormuz raises fresh risks for Europe’s energy and shipping
Iran’s warning over the Strait of Hormuz could raise fresh risks for European energy prices, shipping costs and…
Europe News
Europe News: ECB holds rates at 2.25% as Iran conflict keeps autumn hike in play
The ECB held rates at 2.25% as rising oil prices and Iran tensions keep the prospect of another…
World News
Ireland Breaking News: EU Unveils Softer Emissions Rules in Major Climate Policy Shift
EU plans to slow business emissions cuts, a major climate shift with implications for energy costs, industry and…
Breaking News
Breaking News: Heating Oil Costs Back in Focus as Households Watch Winter Budgets
Heating oil prices are back under scrutiny as Irish households brace for more pressure on winter budgets and…
Europe News
Europe News: Europe’s cooling energy use doubled in six years as heatwaves reshape power demand
Europe’s cooling energy use has doubled in six years, with Italy, Spain and Greece leading demand as heatwaves…
Breaking News
Breaking News: Tourism, Energy and Investment Pressures Shape Ireland’s Business Outlook
Ireland’s business outlook is being shaped by tourism pressure, rising energy costs, investment activity and funding concerns.
Breaking News
Breaking News: Diesel prices post steepest June fall in more than two decades
Diesel recorded its biggest June price drop since 2000, while petrol also fell, giving drivers some welcome savings…
Europe News
Europe News: Fed Rate Hike Decision in Four Weeks as Inflation Risks Persist
Europe news update: the Fed may decide on a rate hike in four weeks as inflation, energy prices…
World Travel Digest
Federal Reserve: US rate hike decision due in four weeks as inflation and AI investment reshape outlook
Federal Reserve officials will decide within four weeks on rates as inflation, energy costs and AI investment reshape…