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Showing posts with label Ireland. Show all posts
Showing posts with label Ireland. Show all posts

March 2, 2013

Poverty in Europe


Italy is now worse than Spain, its poverty rate has climbed to 28.2%, even though the unemployment rates in the two nations are vastly different (Spain 26% and Italy 11.2%) reasons for such a higher poverty rate despite lower unemployment rates range from higher corruption levels compared to Spain to lack of unemployment benefits in Italy. Hardly surprising then that people voted en masse for Grillo and his MS5 which supports creating a dole system for those unable to find a job.


January 12, 2013

Blackrock Castle




Blackrock Castle, formerly Mahon Castle, is a 16th century castle located about 2km from the heart of Cork city, Ireland on the banks of the River Lee.
In the late 16th century, the citizens of Cork appealed to Queen Elizabeth I to construct a fort at Blackrock to "repel pirates and other invaders". In or around 1600, a round tower was constructed to safeguard against pirates "carrying away" vessels entering the harbour.
Blackrock Castle houses Ireland's first fully interactive astronomy center developed by the award-winning multimedia company Martello Media. The exhibition is now open to the public and is themed "The Search for Extreme Life in the Universe".







September 25, 2012

Economic Freedom of the World


The Fraser Institute's massive volume on the Economic Freedom Of The World - based on the following five factors: Size of Government, Legal System & Property Rights, Sound Money, Freedom to Trade Internationally, and Regulation - covers 42 variables with the goal of quantifying the key ingredients of economic freedom.
When it comes to Europe, Italy manages to leave behind Greece by 2 positions achieving a very dishonourable 83rd position, Spain and Ireland respectively 34th and 12th stays among the most free economies in the world, Portugal is still green in the 60th while Greece at 81 still manage to fare better than Italy.

For those interested to find out what is making Italy so appalling please check the full data below.