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Opening Bell: 300 new jobs, China/US trade deal, Brexit is a "proper mess"

There's positive jobs news this morning as 300 new jobs have been announced across the country. I...
Newstalk
Newstalk

07.52 12 May 2017


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Opening Bell: 300 new jobs, Ch...

Opening Bell: 300 new jobs, China/US trade deal, Brexit is a "proper mess"

Newstalk
Newstalk

07.52 12 May 2017


Share this article


There's positive jobs news this morning as 300 new jobs have been announced across the country.

In Dublin, Aspire Technology based in Sandyford is creating 150 new positions, while Designer Group in Blanchardstown is recruiting for 100 new posts.

In Cork, the American cybersecurity firm, Alen Vault says it will add 50 new employees as it becomes the first tenant for the newly-developed Capitol Building in the city

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The roles include software developers, engineers, and project managers.

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China and the US have agreed a new trade deal which will allow US credit rating agencies and credit card companies to operate in the US, and it will also be allowed to export beef to China.

"I’m dealing with a man, I think I like him a lot. I think he likes me a lot ... I mean, he’s a great guy," Donald Trump told The Economist, commenting on his relationship with Chinese leader Xi Jinping.

Chian will be allowed to sell cooked poultry products in the US under the deal.

These issues are the low-hanging fruit when it comes to US/China trade negotiations, but they indicate a thaw in relations between the two states.

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Foreign Affairs Minister Charlie Flanagan has warned that Brexit is a 'proper mess,' speaking to the BBC.

He added that he sees no "upside" for Ireland as a result of the UK's decision to leave the EU.

His comments come as former British PM Tony Blair prepares to address a gathering of EU politicians in Wicklow this morning.

Yesterday, Mr Barnier said that a post-Brexit border will exist on this island in some shape or form - however, he maintained that peace will remain a "top priority."

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Research commissioned by the Drinks Industry Group of Ireland (DIGI) has found that Ireland pays the second highest excise rate on alcohol in the EU.

The study states that Finland is the only country with a higher rate - and that Ireland has the highest excise rate on wine.

Both DIGI and the Vintners Federation of Ireland (VFI) have called on the Government to cut the rate.


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