Word: irelands
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Ethiopiques will be appearing at New York's Lincoln Center on August 20 and at the Festival of World Cultures, Dun Laoghaire, Ireland on August...
There are reports that Benedict will travel next year to Ireland, another country where the local Church has been besieged by allegations of priest sex abuse in recent years, where nothing short of the kind of response offered in the U.S. is likely to satisfy local faithful...
That was then. Over the past couple of weeks, much of the economic news out of Europe has been weak, gloomy or downright terrible. Denmark has officially slipped into recession. Ireland, the star performer of the past decade, has slashed its growth expectations for this year close to zero. Spain has stopped growing. The U.K. is teetering on the edge of recession. And Germany, Europe's biggest economy, is finally showing signs of a marked deterioration. "It's hard to find a country that's keeping its head above water," says Véronique Riches-Flores, chief European economist...
...slowdown in British consumer spending is echoed in Ireland and Spain, although consumers are holding up a bit better in France. In Germany, economists have been waiting for a decade for a consumer-led rebound - and they're still waiting, even though the economy had fared well until recently. Crucially, employment remains buoyant in most countries other than Spain, and so far, despite some job cuts - especially at banks - the overall jobless level remains stable. For example, a regular survey of job opportunities posted online throughout Europe showed no change overall in June; indeed, there was a sharp increase...
Housing: End of the Boom, or Bust? Consumption has been so strong in the U.K., Ireland and Spain for the past few years in part because house prices have been soaring, making consumers feel a lot richer and enabling them to borrow against the rising value of their property. But gravity has finally caught up with the housing market in much of Europe, especially in those three countries. It's anybody's guess how far prices will fall, but the signs aren't encouraging...