Amundi’s warning about recession, rising rents and farmland prices
The chief investment officer of Amundi, Europe’s largest asset manager, said there was small perspective of an international agreement for a minimum tax rate of 15% for large companies being applied in the short term, as countries prepare to fight to invest in a weakening global economy. Vincent Mortier also warned that Europe could slide into recession following the war in Ukraine. Reports by Joe Brennan.
In Questions and answers, a reader wonders if energy companies are “taking advantage” of the €200 subsidy granted by the State to households to help offset recent sharp price increases. Dominic Coyle gives his point of view.
More than a third of landlords have implemented rent increases above the authorized limit in areas of rent pressure for the duration of the legislation, according to a new report from ESRI. Eoin Burke-Kennedy has the details.
The government’s Basic Income for the Arts pilot scheme is a welcome move, but the terms and conditions attached will inevitably kill off many deserving artists, writes cantillon.
The state’s largest union, Siptu, said its private sector members ask for salary increases to offset the current surge in inflation, which is expected to reach 8% in the coming months. This puts them on a likely collision course with employers. Reporting by Eoin Burke-Kennedy.
The price of agricultural land seems expected to increase by 6% this year as supply pressures and increased demand following Covid restrictions drive prices up. Eoin Burke-Kennedy has the details.
Tax cuts are coming: but how much will you save? Fiona Reddan provides insight into our article on personal finance.
In her media and marketing sectionLaura Slattery examines what the future might hold for Twitter now that Tesla founder Elon Musk is its largest shareholder.
In me and my moneyHelena Hemeryck of Chez Emily Handmade Chocolates shares how she “invested in life rather than stocks”.
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