The Daily Wire

Code of conduct on tracker mortgages, Bowe gets the nod for the Lions and other rolling news. . .

Hugh Linehan Thu, Jun 27
 
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  • 08:48
    Good morning, I'm Hugh Linehan and I'll be on the Daily Wire for today, June 27th 2013. I'll be bringing you news, views and random other stuff from The Irish Times and around the web. Please give me a shout if there's anything you think we should be covering. You can comment directly using the thingamajig at the top of this page, or tweet me at @hlinehan. Or even email me at hlinehan@irishtimes.com
  • 08:52
    This morning's top story on irishtimes.com:

    Conor Pope reports that banks will not be able to force distressed borrowers off tracker mortgages unless they engage in meaningful write downs. or provide alternative arrangements of real benefit to those in arrears, under a new code of conduct.

    The code, published this morning, will not allow the State’s lenders to fast-track home repossessions, the Central Bank has said.
  • 08:59
    Also new on the site:

    Two Irish women – believed to be mother and daughter – have been found dead in a Spanish apartment yesterday,  A man – the woman’s husband and the daughter’s father – was also found dead. He was a British national. All three died from gunshot wounds. 

    A man has been arrested by gardaí in relation to the murders of Jolanta Lubiene (27) and her daughter Enrika (8) at their home at Langford Downs in Killorglin on June 15th. He is being held under Section 4 of the Criminal Justice Act 1984 in Killarney Garda station .

    And the European Union agreed today to force investors and wealthy savers to share the costs of future bank failures. The plan stipulates that shareholders, bondholders and depositors with more than €100,000 should share the burden of saving a bank. 
  • 09:07
    Today's print edition of The Irish Times has a useful special supplement on dealing with debt.

  • 09:18
    South Africans are preparing to say farewell to Nelson Mandela after his condition deteriorated further in hospital, forcing president Jacob Zuma to cancel a trip to neighbouring Mozambique.
    Mr Zuma was due to attend a summit in Maputo of the Southern African Development Community (SADC) to discuss regional infrastructure, but pulled out after visiting the 94-year-old former president in hospital late last night

  • 09:34

    A good piece by Peter Cunningham on the fallout from the Anglo tapes.

    'People in Ireland don’t riot, burn buses or paralyse the infrastructure in their anger. They take bad news in grim silence, perhaps the result of centuries of silent forbearance. This may change. The statement this week by Taoiseach Enda Kenny that an official inquiry will now be set up, even though the contents of these tapes have apparently been known at an official level for four years, sounds increasingly desperate and has done little to placate public anger. The Anglo Irish tapes may mark the long overdue beginning of a sense of Irish outrage. '

  • 09:36
    You have been warned.

  • 09:54
    Kevin Rudd has been sworn in as Australian prime minister for the second time, a day after toppling Julia Gillard and three months ahead of elections in which opinion polls show the ruling Labor Party faces a devastating defeat.

    Padraig Collins looks back at Gillard's career here

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  • 09:58
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  • 10:13
    What's the best use for the failed mall/ heritage landmark that is Stack A in Dublin's docklands? Frank McDonald and Aidan Dunne write today that it should be reinvented for cultural use (it was originally supposed to be the Irish Museum of Modern Art, a much more sensible location than the Royal Hospital Kilmainham, where IMMA ended up).
  • 10:28
    When people ask how we in The Irish Times remain so cheerful in the face of the bleak situation facing both the newspaper business and this dear little country of ours, I refer them to On the Record Radio. Jim Carroll's eclectic fiesta of music of all shapes and sizes is updated weekly, and can't fail to lift the spirits. Have a listen here.
  • 10:30
  • 11:52
    Today is Thursday, which means it's property porn day. For your delectation:

    A Victorian pile in Foxrock for five million.

    For the more financially challenged, a detached place in Bray for one and a quarter mill. 

    The best read, though, is Michael Parson's reconnaissance of a 'Celtic tiger palazzo on the brink of ruin' in Co Wicklow:

    ' There are a few traces of the former inhabitants. Abandoned soft toys in a child’s bedroom. A leopard-skin patterned armchair in a marble bathroom. In a wardrobe, some men’s jackets hang limply alongside a suit-bag from Blacktie – the formal menswear dress hire chain which was itself a casualty of the crash. Beside the master bedroom is a walk-in strongroom with three (presumably) empty metal safes – one designed for a shotgun.'
  • 12:30

    It's official. We're back in recession. Dan O'Brien reports the Irish economy shrank in the first three months of the year, according to new figures from the Central Statistics Office.

    Gross domestic product, the widest measure of economic activity, contracted by 0.6 per cent on the previous three- month period on a seasonally adjusted basis.

    The decline was the third consecutive quarter of contraction in GDP, according to the new and revised figures. Economists define recession as two back-to-back quarterly falls in this measure of output.

  • 12:33
  • 12:35
    All gone a bit glum since the recession story...

  • 13:03
  • 13:05
  • 13:10
    Our man at the Irish Open, Dan Keenan, says tournament leader Shane Lowry, at 5 under, says he didn't notice partner McIlroy's wobbly 2 over. So focused on his own game
  • 13:17
    Dan goes on to say that 'Cian McNamara just finished on 4 under. Good for Irish so far. Harrington, McDowell along with holder Jamie Donaldson just got par on 1st.'
  • 13:19
    I suppose at this point I should confess there is actual live coverage of the Open by a real, professional Irish Times sports journalist, namely John O'Sullivan, here.
  • 13:34
    This week Mick Jagger and Keith Richards announced they'd signed a deal for their interest in 50 years of music stretching back to this, their first release in June 1963.

  • 14:03
    Fine Gael TD Billy Timmins said today he will not support the Government’s legislation on abortion.
    The Wicklow TD is now the third deputy in his party to publicly declare his opposition to the legislation, joining Dublin South TD Peter Mathews and Galway West TD Brian Walsh.
    Mr Timmins said he could not support the Protection of Life During Pregnancy Bill while the provision for suicide remained in the legislation.

    You can watch the Dail debate here. 
  • 14:13

    Hmm.. Ten past two. A grey afternoon in a Dublin newsroom. Why not a movie? Something set back in the time when newspapers were fun..

  • 15:01
    A Co Clare man who strangled a woman he claimed was blackmailing him before dumping her body has been sentenced to life in jail.  Colm Deely (41), of School Road in Ballyvaughan, had pleaded not guilty to murdering Deirdre McCarthy (43), between 11pm on March 27th, 2011, and noon the following day. Read more here.
  • 15:07
    Addiction Counsellors of Ireland have confirmed this tweet by Pearse Doherty is accurate.

  • 15:39
    Straight from the 'You Couldn't Make It Up' dept. The Mirror reports that FIFA today announced Taittinger as the official champagne of World Cup 2014 in Brazil. That should satisfy the protestors.
  • 15:50
  • 15:55
  • 15:58


    If you're on Twitter, you really should be following Kevin Cullen's tweets at the moment. Kevin writes for the Boston Globe, and sometimes for the Irish Times, and is tweeting the Whitey Bulger trial. It's GoodFellas in 140 characters...

     

  • 16:01
    Peace comes dropping slowly. See previous post at 12.33