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Irish investment chief expects business slowdown: New economy


Navigating a rapidly changing and uncertain world poses major challenges for businesses, policymakers and investors. Bloomberg New Economy Gateway Europe near Dublin is focusing on the theme of “Re-globalization” — exploring the forces transforming commerce and industry, from banking to aviation and energy to semiconductors.

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(Bloomberg) — Navigating a rapidly changing and uncertain world poses enormous challenges for businesses, policymakers and investors. Bloomberg New Economy Gateway Europe near Dublin is focusing on the theme of “Re-globalization” — exploring the forces transforming commerce and industry, from banking to aviation and energy to semiconductors.

Join us today to chat with Andrea Orcel of UniCredit, Lila Ibrahim of DeepMind, Pablo Hernandez de Cos of the European Central Bank, President Paschal Donohoe of Eurogroup and Peggy Johnson of Magic Leap, among many more other. We also feature exclusive interviews on Bloomberg TV with Ryanair’s Michael O’Leary and IATA General Manager Willie Walsh.

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Main development

  • ECB lane expected rate hike in May, data to determine size
  • ‘Re-globalization’ is on the rise around the world: The New Economic Daily

(All CET times)

IDA’s Lohan sees investment headwinds (9am)

According to the new head of Ireland’s investment promotion agency, Ireland still has “a very strong, strong foreign investment system” but is facing headwinds and upcoming business volumes. decrease compared to the past two years.

The agency’s chief executive, Michael Lohan, said in his first interview since the takeover that while several sectors, including financial services, biopharmaceuticals and medical devices, are “continue to grow” on Monday.

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ECB’s Lane Sees Rate hike in May (9am)

Another rate hike is appropriate next month, with data coming in the coming weeks to determine the size of the move, said ECB chief economist Philip Lane.

“As of now, with two weeks to go, I think the basis is that we should really raise rates in May,” Lane said in a televised interview ahead of Bloomberg’s New Economy Gateway Europe conference. near Dublin. “Exactly what we do — I’ll wait until we have that data before deciding.”

Bloomberg’s New Economy Daily Bulletin highlights rapidly changing trends and top thinking on business and the economy, drawing on the expertise of economists at Bloomberg Economics. Sign up here.

—With support from Peter O’Dwyer and Morwenna Coniam.

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