#Ireland: End of #Chineseban on #Irishbeef a victory for diplomacy

Chinese veterinary inspectors soon to start approving processing plants in Ireland

The writing has been on the wall for a while, but what a few weeks it has been for Irish beef – Ireland is now the only European country to be allowed to export beef to both theUnited States and China.

Chinese veterinary inspectors will soon begin to approve processing plants for export following the formal lifting of the ban... (Read more)

EXTERNAL EXPANSION LTD.,  www.externalexpansion.net

#Russia: #Roublerecovers as authorities step up support

Currency climbs in value as threat to country’s financial stability eases

An employee counts Russian ruble banknotes at a private company’s office in Krasnoyarsk, Siberia. Photograph: Ilya Naymushin/Reuters

Russia’s rouble strengthened on Friday after finance minister Anton Siluanov confirmed his ministry had sold foreign currency and on expectations that exporters will step up dollar sales... (Read more)

External Expansion Ltd. (www.externalexpansion.net)

#Japan: #Japaneseexport growth accelerates in October

Exports to Asia, which accounts for more than half of shipments, rose 10.5 per cent

Smoke billowing from a plant in Tokyo bay. The 9.6 per cent annual rise in exports in October was more than double the 4.5 per cent gain expected by economists

Japanese exports grew in October at the fastest pace in eight months in an encouraging sign that global demand could help the country recover from an unexpected recession and support the central bank’s optimistic economic outlook... (Read more)

External Expansion, www.externalexpansion.net,

#US: Defying Expectations, #Japan’s Economy Falls

The Shiodome business district in Tokyo. Japan’s gross domestic product fell by an annualized pace of 1.6 percent last quarter, threatening a planned tax increase. Credit Thomas Peter/Reuters

TOKYO — Japan’s economy unexpectedly fell into recession in the third quarter, a painful slump that called into question efforts by Prime Minister Shinzo Abe to pull the country out of nearly two decades of deflation.

The second consecutive quarterly decline in gross domestic product could upend Japan’s political landscape. Mr. Abe is considering dissolving Parliament and calling fresh elections, people close to him say, and Monday’s economic report is seen as critical to his decision, which is widely expected to come this week... (Read more)

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#USA: Wider #UStradedeficit, #weakexports point to #slowergrowth

The Commerce Department says trade gap increased 7.6% to $43.03bn in September

Cargo containers are ready for transportation at the Port of Los Angeles

The US trade deficit unexpectedly widened in September as exports hit a five-month low, suggesting slowing global demand could undercut economic growth in the final three months of the year... (Read more)

External Expansion, www.externalexpansion.net,

#Ireland: Talking #Turkey as a market to replace #Russia

Ireland is not currently looking to Turkey as a replacement market for Russia. But should we be?

Eastern promise: Istanbul – Enterprise Ireland opened an office in the city in January

Stephen Starr

Irish food exporters are up against it. The Russian ban on EU and others’ foodstuffs over the conflict in Ukraine has had another negative consequence: a scramble with EU neighbours for access to replacement markets... (Read more).

External Expansion, www.externalexpansion.net,

#Ireland on course to incur €80m fine for exceeding #milkquota

Farmers ramp up production ahead of removal of EU’s milk quota regime

Figures from the Department of Agriculture suggest the State’s milk supply is currently 6.93 per cent over-quota

Ireland could be hit with a record €80 million fine for exceeding its milk quota this year if the current level of supply is not curtailed.

With the EU’s milk quota regime ending in March, it appears many farmers have ramped up production ahead of time. Figures from the Department of Agriculture suggest the State’s milk supply is currently 6.93 per cent over-quota... (Read more)

External Expansion, www.externalexpansion.net,

#Ireland - New #Innovators: Powerful Yogurt

Irepak prepares to launch high-protein, fat-free product next month

Irepak’s Robert Doyle says Powerful Yogurt, a high-protein, fat-free product, will go on sale from mid-November.

Food products with added protein is a growing market within the international food industry. Now Kildare-based start-up, Irepak, is about to enter the segment with the launch of a new, high-protein yogurt... (Read more)

External Expansion, www.externalexpansion.net,

Latest food scandal involves overseas chains

‘This is a wake-up call for Chinese consumers, who have long believed that foreign fast-food brands follow higher standards than domestic ones’

The Husi Food factory in Shanghai, which is under investigation by the authorities. Photograph: Aly Song/Reuters

(Read more)

Ireland: Manufacturing prices rise 0.3% in June as export sales increase

Lates CSO figures give mixed picture of industrial inflation

 

 

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Germany rules on economic planning but Irish opportunism makes sense

Business Opinion: German plan is so good it makes it difficult for us to plan long-term 

THE IRISH TIMES. Mon, Jul 7, 2014, 01:00 Jhon McManus

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Eurozone manufacturing growth eases slightly

Fears mount that Eurozone recovery is losing momentum as contraction in activity deepens in France

A disappointing PMI survey for the Eurozone’s manufacturing sector is raising concerns that the euro zone recovery is losing momentum. Photographer: Ty Wright/Bloomberg

THE IRISH TIMES Tue, Jul 1, 2014. 09:28. (Click here to complete new)

Manufacturing sector continues return to form

Sector recorded its 13th consecutive month of growth in June

New orders rose at the fastest pace in over three years in June, with the UK and Asia key sources of growth in export business during the month. Photgraph: Getty

THE IRISH TIMES Tue, Jul 1, 2014. 09:30. Fiona Reddan (Click here to complete article)

Economic growth at 0.8%

THE GUARDIAN Katie Allien, Friday 27 june 2014. (Click here to original new)
Annual GDP growth revised down slightly to 3.0% from 3.1% but still the strongest since 2007, according to latest figures.

Construction helped the economy to grow. Photograph: Joe Giddens/PA Archive/Press Association Ima

The fastest growth in business investment for two years helped support Britain's overall economic growth in the first quarter, boosting hopes the recovery is become more sustainable.

GDP grew by 0.8% in the first three months of the year, the Office for National Statistics said in its final revision, unchanged from its previous growth estimate. Annual GDP growth was revised down slightly to 3.0% from 3.1% but was still the strongest since 2007.

Lidl launches £220m UK store expansion programme

THE GUARDIAN Sarah Butler, Friday 27 June 2014 17.00 BST (Click here to original new)

 

George Osborne, right hailed Lidl's store opening plans, duriing a visit to the supermarket chain's store in Chessington, Surrey with UK managing director Ronny Gottschlich. Photograph: Rex

The threat to the big four supermarkets from discount chains stepped up a notch on Fridayas Germany's Lidl unveiled plans for a £220m expansion in the UK.

The company will open 20 more stores by the end of this year, taking its total to 620. It said the move would create a total of 2,500 jobs in the stores, at its headquarters in Wimbledon, south London, and at a distribution centre in Northfleet in the Thames estuary.

Asian trade mission leads to €40m in deals

Minister for Jobs, Enterprise and Innovation Richard Bruton oversaw at least €40m in deals during this week’s Asian trade mission. Photograph: Eric Luke / The Irish Times

THE IRISH TIMES (First published: Fri, Jun 27, 2014, 17:34) (Click this link to original new)

Dublin-based Fishtree signs strategic alliance with Korea’s SK Telecom

Minister for Jobs, Enterprise and Innovation Richard Bruton wrapped up an Enterprise Ireland trade mission to China and South Korea yesterday, which saw over €40 million in trade and investment announcements by Irish companies.

On the final day of the mission, Dublin-based company Fishtree, providers of learning platforms, signed a strategic alliance to partner with SK Telecom, Korea’s leading telecommunications company, and a global leader in innovation.