A Clare financial advisor claims \u201ceverything is pointing towards a global recession\u201d.<\/p>\n
Oil prices have soared once again as the prospect of peace between the US and Iran grows more distant.<\/p>\n
Brent crude futures, which is the primary benchmark for global prices, jumped by over 7% this morning, causing a chain reaction across the world.<\/p>\n
The surge follows the US capture of an Iranian container ship which had been attempting to bypass its blockade near the Strait of Hormuz on Sunday.<\/p>\n
As the Iranian government vows to retaliate, Donald Trump has today announced a second round of US-Iran talks to be held in Pakistan later.<\/p>\n
Tehran however insists it won\u2019t participate.<\/p>\n
Newmarket-on-Fergus native and Professor of Politics at Dublin City University, Donnacha \u00d3 Beach\u00e1in, fears a protracted \u201ccold war\u201d between the US and Iran is likely.<\/p>\n
The increasing cost of goods and services arising from the conflict continues to present challenges to Irish consumers.<\/p>\n
A new report from Bibby Financial Services has found that three in four medium-sized businesses are passing inflation and energy costs onto consumers.<\/p>\n
Tommy Corbett of Carey Corbett Financial Solutions in Ennis says the economic forecast is grim.<\/p>\n
Listen to the full interview here<\/p>\n","protected":false},"excerpt":{"rendered":"A Clare financial advisor claims \u201ceverything is pointing towards a global recession\u201d. Oil prices have soared once again…\n","protected":false},"author":2,"featured_media":408362,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":{"0":"post-408361","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-ie","11":"tag-ireland"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/408361","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=408361"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/408361\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/408362"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=408361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=408361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=408361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}