Financial markets around the world have responded negatively to the latest announcement from the European Central Bank on plans to save the Euro.
/> Expectation was high that ECB chairman Mario Draghi would announce strong new measures to drive down borrowing costs for euro-zone countries like Spain and Italy.
But following a meeting of the Bank today, Mr Draghi did not offer any concrete proposals – or an exact timetable.
Chief Economist with KBC bank Austin Hughes says the markets were expecting a much more decisive announcement from the ECB.
/> The Integration Centre is withdrawing its plan to complain to Gardai about comments made by a District Court Judge.
/> Judge Mary Devins described the social welfare system as a Polish charity during a court hearing in Castlebar in Co Mayo last week.
She apologised last night saying no offence was intended – but the Integration Centre said it was a rambling, contrived and spurious statement.
The Immigrants Rights Group has decided not to press ahead with a formal complaint – after Judge Devins issued a second unreserved apology today.
However Killian Forde – the Chief Executive of the Integration Centre – says he will be writing to the President of the District Court:
/> Kofi Annan is quitting as UN-Arab League envoy for Syria after failing to persuade President Bashar al-Assad to accept a peace plan.
/> The UN and Arab League named Annan as its envoy on the Syria conflict in February.
He agreed a six point peace plan with President al-Assad but the Syrians have not carried it out.
Today, UN leader Ban Ki-moon announced with deep regret that Mr Annan had tendered his resignation as the Syrian conflict spiralled further out of control.
He’s to hold discussions with the Arab League on a successor to Kofi Annan.
/> Emergency services were called to assist a group of children that got into difficulty off the coast of Portnoo in Donegal.
/> The coastguard lifeboat and helicopter were alerted to the incident near Loughros Point just before 3 o’clock this afternoon.
According to Arranmore RNLI, three of the children got into diffculty while swimming.
They’ve all now been recovered and are being airlifted to Letterkenny General Hospital.
Investigators have found that a combination of a badly positioned ticket dispenser at a Bus Terminal and a dangerously designed bus station caused the death of a grandmother.
/> 66 year old Monica Bennett, of Marian Park, Blackrock, Cork was out shopping for her grandchildren in Cork city centre on October 7th 2011 when she was struck by the bus at Parnell Street Bus Terminus.
She was the first of two people killed at the dangerous bus terminal in the space of eight months.
At Cork City’s Coroner’s Court, investigating officers revealed that the bus driver could not see Ms Bennett crossing the road, as a ticket machine was blocking his view.
Forensic collision investigator, Garda Ray Sweeney also stated that the heightened angle created by the raised ramp at the bus station had a significant impact on the crash.
A spokesman for Bus Eireann stated that they were working with Gardaí and Cork City Council in an effort to make Parnell Place safer.