Currency Impact Calculator
As part of its Brexit response, Enterprise Ireland writes:
The continuous fluctuation of the value of Sterling continues to raise concerns among businesses and exporters.
Enterprise Ireland has launched its Currency Impact Calculator tool to help businesses assess whether foreign exchange risk is a critical issue for their business and if so, to guide the company’s foreign exchange risk management strategy….
Currency Impact Calculator here
…he was not alone in criticising the Taoiseach yesterday. Another Fianna Fáil TD, Margaret Murphy-O’Mahony, wrote on Twitter that the delay in Mr Varadkar and Mr Johnson talking “says so much about our Taoiseach #badlyhandling”. She also subsequently deleted this tweet.
Mr Martin had to issue a tweet clarifying Fianna Fáil’s position.
“To be absolutely clear; the refusal by PM Boris Johnson to engage with European leaders and our Taoiseach without pre conditions on the issue of Brexit is unacceptable and is not within the realms of normal diplomatic or political behaviour,” he wrote.
Fianna Fáil’s Dooley rebuked over his ‘bizarre’ Brexit ‘solo run (Independent.ie)
Fianna Fail’s Timmy Dooley deletes tweet about Taoiseach Leo Varadkar’s Brexit ‘failure’ (Irish Mirror)
In its latest Quarterly Bulletin, the Central Bank forecasts 34,000 fewer jobs by the end of next year and 110,000 fewer jobs over the next ten years.
It said: “A disorderly Brexit would present enormous challenges for the Irish economy, especially in the near term, and would result in a loss of output and employment compared to a scenario where the UK remained in the EU.”
….The bank says that gauging the impact this could have on the Irish economy is “the most uncertain exercise” it has ever had to carry out.
110,000 fewer jobs after no-deal Brexit – Central Bank (RTÉ)
Taoiseach Leo Varadkar (left) and Tanaiste and Minister for Foreign Affairs Simon Coveney
Pound falls lower on no-deal Brexit prospect (BBC)
UK Prime Minister Boris Johnson (flanked by Dominic Raab, left, and Sajid Javid) addresses the House of Commons last Thursday
“The PM has been setting out to European leaders the position … that the Withdrawal Agreement with the backstop has not been able to pass parliament on the three occasions it was put in front of parliament. Therefore it needs to change,” a spokeswoman said on Monday.
“The prime minister would be happy to sit down when that position changes. But he is making it clear to everybody he speaks to, that that needs to happen,”
….Britain’s Foreign Secretary Dominic Raab said the backstop must go and that £4bn has already been allocated for leaving the EU, with further funds to be set out by the finance minister.
He described Brexit as a “win win” for the UK and the EU.
“We want a good deal with EU partners and friends but that must involve the abolition of the undemocratic backstop,” he told the BBC.
Johnson ready to talk if EU changes position on Brexit deal (RTÉ)
UK Prime Minister Boris Johnson in the House of Commons today
“No country that values its independence and indeed its self-respect could agree to a treaty which signed away our economic independence and self-government as this backstop does,” Mr Johnson told the Commons.
“A time limit is not enough. If an agreement is to be reached, it must be clearly understood that the way to the deal goes by way of the abolition of the backstop.”
UK Prime Minister Boris Johnson
Boris Johnson demands removal of Irish backstop for Brexit deal (FT)
When questioned about Mr Johnson’s comments on the backstop, Taoiseach Leo Varadkar said he looks forward to discussing the issue with him.
The Taoiseach said that the threat of no-deal Brexit is a British one and he hopes Mr Johnson has not chosen it.
Mr Varadkar repeated that he hopes to meet Mr Johnson soon and did not want to start negotiating with him over the airwaves.
Backstop must go to move Brexit forward – Johnson (RTÉ)