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Irish economy expected to grow in next two years

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A prominent think tank, the Economic and Social Research Institute (ESRI), has projected solid growth for Ireland’s domestic economy in the next couple of years, driven by decreasing inflation and rising wages. They anticipate a 2.3% growth in modified domestic demand (MDD) for this year, followed by a 2.5% increase next year. MDD is a metric that filters out the influence of multinational corporations on Ireland’s economy. In 2023, MDD only saw a modest 0.5% growth due to factors like inflation and higher interest rates dampening spending and investment.

Despite a strong post-pandemic recovery, Ireland’s economic momentum slowed notably in 2023, partly due to increased inflation which hindered household finances. The ESRI noted a lack of real pay growth during 2022 and 2023. Real pay, adjusted for inflation, is a key indicator of changes in living standards. Both the ESRI and Ireland’s Central Bank anticipate an increase in real pay this year.

Traditionally, Gross Domestic Product (GDP) serves as the primary measure of economic performance; however, Ireland’s GDP is heavily skewed by multinational activities. Official data indicated a 3.2% contraction in Irish GDP in 2023. Usually, Irish GDP overestimates economic growth, but recent trends have shown the opposite, partly due to decreased sales and exports from US pharmaceutical companies’ Irish operations post-pandemic. The ESRI anticipates a recovery in Irish GDP over the next two years, driven by global trade improvements.

The ESRI also underscored the pressing need for Ireland to address well-documented infrastructure challenges, particularly in areas like housing, renewable energy, and public transport. Notably, plans for an underground rail link connecting Dublin Airport to the city center have reached the public planning hearings stage after more than two decades since the project’s inception.

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Firefighters rescue injured owl from crows

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In Smolensk, Russia, firefighters went beyond the typical animal rescue scenario when they found an injured Ural owl outside their fire station gates on Monday morning. The owl, with a damaged wing, was under attack by crows. The firefighters promptly intervened, rescuing the distressed bird from the crows and providing warmth and nourishment.

Following the rescue, the Ural owl was transported to a veterinarian for an x-ray and additional care. The next step involves sending the owl to a wild bird rehabilitation and reintroduction center, as stated by Smolensk’s emergency services.

Natalia Arbuzova, a press officer interviewed by Russian state media, recounted the incident. She explained how the firefighters noticed the motionless owl with an injured wing being pecked by crows at 10:00 local time. The firefighters acted swiftly, driving away the crows, placing the owl on a shovel, and bringing it inside the station. To protect the owl from light sensitivity, it was kept in a dark box and provided with nourishment.

The bird is anticipated to recover well, but it will remain at the vet’s until it is ready to be transferred to the rehabilitation center, Arbuzova added.

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Hungary theatre chief offers to quit after Romeo and Juliet accident

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Hungary’s National Theatre director, Attila Vidnyánszky, tendered his resignation in the wake of a balcony fall incident during a production of Romeo and Juliet. The accident occurred during the second act, causing serious injuries to actors Júlia Szász (Juliet) and Otto Lajos Horváth (Capulet), who are currently in a stable condition post-surgery. Despite Vidnyánszky’s offer, Hungary’s culture minister, János Csák, rejected the resignation. An investigation has been launched, and Csák emphasized the need to await its findings before deciding on any further action.

The incident took place in Budapest, where paramedics treated Szász and Horváth after they fell from an elevated platform behind the scenery. Both actors are expected to recover, and Csák, along with Vidnyánszky, visited the hospital to meet with doctors. In an Instagram post, Csák expressed optimism about the actors’ improving conditions and wished them a swift recovery. The exact timeline for the investigation’s conclusion remains uncertain.

Attila Vidnyánszky, a key ally of Prime Minister Viktor Orban, has held the position of National Theatre director for a decade. His tenure, originally set to conclude in 2023, was extended to 2028 earlier this year. The close association with the Prime Minister adds a political dimension to the incident, highlighting the delicate balance between artistic leadership and political ties.

Júlia Szász, known for her roles in both theatre and high-profile Hungarian films, was scheduled for future National Theatre performances. Otto Lajos Horváth, who gained prominence in the early 2000s, particularly in Hungarian films and television shows, is also part of the country’s cultural landscape. The accident during the performance of Shakespeare’s timeless tragedy adds a layer of tragedy to the real-life drama, drawing attention to the intersection of art, safety, and leadership in Hungary’s National Theatre.

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