82 per cent of people fear a recession in the next year, with 56 per cent believing it will be as bad or worse than the 2008 financial crash.<\/p>\n
A Sunday Inde\u00adpend\u00adent\/Ire\u00adland Thinks poll revealed that the public is braced for a global recession in the wake of the war in Iran.<\/p>\n
Many are\u00a0fear\u00adful of an eco\u00adnomic down\u00adturn within the next 12 months.<\/p>\n
On Saturday, Sinn F\u00e9in called for the D\u00e1il to be recalled from its Easter break.<\/p>\n
Party leader Mary Lou McDonald accused the government of abandoning households as they struggle to meet the rising cost of energy.<\/p>\n
Speaking at Sinn F\u00e9in’s Easter commemoration in Kildare Town on Saturday, McDonald said families are in desperate need of help.<\/p>\n
“The price of home heating oil has now doubled, and it\u2019s just an extraordinary burden on 750,000 households, that\u2019s three-quarters of a million households, and the government\u2019s half measures have not worked.<\/p>\n
“We need further intervention, so today P\u00e1draig Mac Lochlainn, our Chief Whip, has written to the Ceann Comhairle asking for a recall of the D\u00e1il.”<\/p>\n
McDonald’s comments follow those of the Irish Road Haulage Association (IRHA) describing surging fuel prices as a “national emergency” and calling for more Government support.<\/p>\n
Speaking about the issue, Ger Hyland, IRHA president, said: “While existing supports were welcome, the continued increases in fuel prices have effectively eroded the benefit of those initial supports.<\/p>\n
“The situation facing hauliers has intensified in recent days, with operators now under renewed financial pressure as diesel prices show no signs of stabilisation. This is a national emergency.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"82 per cent of people fear a recession in the next year, with 56 per cent believing it…\n","protected":false},"author":2,"featured_media":383035,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-383034","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/383034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=383034"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/383034\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/383035"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=383034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=383034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=383034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}