Jack Power

1 week ago | irishtimes.com | Jack Power

Any retaliation from the European Union to tariffs introduced by the United States should avoid dragging the pharmaceutical sector into the trade dispute, the industry told the Government in recent days. The pharmaceutical sector also appealed to the Government to use its influence in Brussels to push a “competitiveness” agenda within the European Union, that would include watering down proposed new regulations of pharma companies.

1 week ago | irishtimes.com | Jack Power

Italy’s prime minister Giorgia Meloni has always been a bit of a political shape-shifter, at home a hard-right nationalist, on the European stage a more moderate conservative. When Donald Trump was elected for a second term she hoped to rely on her more extreme right credentials to bridge the gap between Europe and the new US administration. The chaotic fracture in the long-standing transatlantic relationship since then, from trade to defence policy, has made that a lot more difficult.

1 week ago | irishtimes.com | Jack Power

Pharmaceutical companies say they are considering diverting as much as €100 billion they had planned to invest in Europe to the United States and other countries instead as part of a possible industry “exodus”. The heads of 30 pharmaceutical companies have privately warned that Ireland and other EU states were at risk of losing out as many big firms were now planning to increase their manufacturing capacity elsewhere.

1 week ago | irishtimes.com | Jack Power

Telecoms company Vodafone feared that it could be breaching European Union (EU) sanctions put on Iran, by offering roaming services in the country, internal correspondence shows. The UK multinational company privately warned that several mobile network operators were in danger of falling foul of sanctions barring companies from doing business with the Iranian regime.

1 week ago | irishtimes.com | Jack Power

Devastating Russian missile strikes on the Ukrainian city of Sumy were “mocking” US-led efforts to end the war, Poland’s foreign minister Radoslaw Sikorski has said. European politicians have roundly condemned Russia’s bombing of Sumy, which on Sunday killed 35 people and injured many more. Ukrainian president Volodymyr Zelenskiy said two children were killed and another 15 wounded in the attacks.