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Monday 22 November 2010

Sarah McDermott | 10:29 UK time, Monday, 22 November 2010

Ireland is to hold a general election within two months after the Green Party today issued a new year deadline for the vote. Less than 24 hours after a multi-billion bailout was signed, the Taoiseach has landed in a political crisis to match the country's economic woes.

The UK has offered a direct loan of around £7bn to the Irish Republic in addition to contributing to an international rescue package. Tonight Paul Mason will be asking if the Irish bail-out will work and if it will halt the threat of contagion.

Then Michael Crick will be considering how serious the dissent in the Labour Party is and what Ed Miliband needs to do as leader. We hope to be joined by the chair of the Labour Party policy review, Shadow Cabinet member Peter Hain.

And Stephen Smith will be meeting Gary Trudeau, creator of the satirical comic strip, Doonesbury, which this year celebrated its 40th anniversary.

Join Jeremy at 10.30pm on ´óÏó´«Ã½ Two.

-----------------------------------------------------------------------------
From earlier:
European shares and the euro have both risen slightly in value, as markets gave a muted welcome to the bail-out for the Irish Republic.

Our Economics editor Paul Mason is in Dublin today as Ireland begins the formal process of applying for up to 90bn euros (£77bn; $124bn) of European Union-led loans agreed on Sunday.

Tonight he will be considering if the Irish bail-out will work and if it will stop the threat of contagion. He'll also be examining the detail and finding out if there's any resistance to the deal.

More later.

Comments

  • Comment number 1.

    Oh crumbs :(

  • Comment number 2.

    By way of other views, in case some feel they may assist in 'rounding out' what they have been, do get and might future by told... for their own good:



  • Comment number 3.

    SO THE VALUE OF ANGLO-SCOTCH MIST AFFECTS IRISH IMAGINARY MONEY

    It's all Greek to me.

  • Comment number 4.

    This comment was removed because the moderators found it broke the house rules. Explain.

  • Comment number 5.

    Mistress at 1:
    I wouldn't have minded so much but Newsnights racism can be very selective. If they are gonna take the mick, lets have it all across the board. Lets see how they'd do a story similiar with an african Nation..would NN give that the 'Irish treatment'?...not a chance. Mind you, I'd like to see more reporting like this, lets get back to taking the p***, life has gotton dull, we are all walking on egg shells with Political correctness. Lets dig up Bernard Manning and have him as our poster boy..and lets start saying what we really think and end the tyranny of Liberalism.
    (liberalism is a recognised mental disorder and should be treated as such)

    Newsnight, stop with the Anti tea-party reports - i remember Emily trying her best last week (and failing). Your supposed to report the news objectivily, not lace it with your left wing nastyness...get a grip, remember who pays your wages. Why can't you be all like the warkster..ie, professional. And pray tell, how has Micheal Crick got away with it for so long. He needs to go on a training course.

  • Comment number 6.

    #5

    kev

    How about doing a course i'n the spelling of the English language or are you pretending not to know the correct way? Perhaps you are not English at all?

    Besides, it's voters representing the whole of the political spectrum that pay the wages of those who work for the ´óÏó´«Ã½ and not a party or some director or manager. Do yousee my point/er?

  • Comment number 7.

    feel sorry for the valient fighters for Irish independence and the sacrifices they made and still are making for this bunch of swindlers and dishonest bankers that have seen this proud republic totter into bankruptcy...no wonder they are protesting outside the GPO....

  • Comment number 8.

    #1 ?

  • Comment number 9.

    In the nineties, when I was still an active member of the Conservative Party, I had very serious doubts about too much European integration not because I felt insular but because of theactual workability of such a project, especially.after the collapse of the USSR. Foreceful integration does not seem to work, as was also in the case of former Yugoslavia with known tragic consequences of a war, mass murders and lots of unhappy people.

    There fact that I became almost militant about it was intensified by personal reasons which should be quite obvious by now. Suffice to say, I was not very keen on how H. Kohl went about the issue. Otherwise i do believe i'n close but voluntary cooperation between the European countries and i'n wider contexts as well.

    Monika

  • Comment number 10.

    MANGLISH AND OUR INSTITUTIONALLY RACIST OLD PEOPLE

    The most telling mix of PC and 'gone mad' is to be found in 'care homes' aka 'storage unto death' facilities.

    You and Yours, today, (about a quarter-hour in) made quite a good fist of the matter, but they had no answers.

    While we run a country to such appallingly low cultural standards, it is shere folly to look for high standards of Political Correctness, anywhere.

    Dave should abandon his Wellbeing Index, and set up a REALITY QUOTIENT of British life.

    I'm unashamedly differencist. Markus Brigstocke performed a great service with his piece on the Abrahamic faiths. He should do something similar with an Englishman, an Irishman, a Scotsman and a Welshman (in no particular order!) I'm also Spartacus.

  • Comment number 11.

    On a lighter note, there are some lovely Christmas lights around, even in trees, looking like stars
    Making the passers-by raise their admiring eyes.

  • Comment number 12.

    Please make a mark
    It has now got dark

  • Comment number 13.

    ..China’s ‘hijacking’ of U.S. data flow stokes fear of cyberespionage..

    ..China Telecom managed to reroute traffic from major U.S. government and military websites, as well as a few corporate and foreign sites, through its own servers for 18 minutes on April 8.

    It affected traffic to and from U.S. government websites that included the Senate, the Office of the Secretary of Defence and the Department of Commerce. Commercial websites, including Microsoft and Dell, were also affected.

    During that time, China Telecom or other government agencies could have spied on all the data passing through their servers....



    UK exchanges have been fitted with equipment from a telecoms firm linked to China's army. m15 did warn the govt about allowing that but the hayekists believe the 'market' is the best 'regulator'.

    China 'could use BT network to launch cyber attack and cripple Britain'

  • Comment number 14.

    #13

    Let's hope, jaunty, your 'communication' is taken seriously by the British and Americal Security Services. I suppose they ought to be 'grateful' to you for supplying the warning.

  • Comment number 15.

    mim 6:

    Your not wrong. My spelling (and grammer) is horrendous.
    Do i get detenchtsion miss Mim?
    Yeah your right, I'm not English..its Irish and Scottish blood that runs through my veins.

    Here's a tune for you Mim.






  • Comment number 16.

    Real Heroes, among them Prince William:



    Interesting though that this piece was supplied by a Polish website while the ´óÏó´«Ã½ have kept, so far at least, their mouth shut on the subject.

  • Comment number 17.

    ³Ù¾±³Ù²¹²Ô¾±³¦â€™-Âá´Ç³ó²Ô-´Ç²õ³Ü±ô±ô¾±±¹²¹²Ô/

  • Comment number 18.

    "The Overthrow of the Irish Government"

    This smells very much like a French and German overthrow of the Irish government, long before it was likely to be wound up.

    Truly, if there was ever any doubt that we must leave the E.U., let this dispel any uncertainty you may have. We need to leave.

    Can Michael Crick expand on his belief there are Labour Eurosceptics? I thought, to a man, they were all traitors.

  • Comment number 19.

    :o) Excellent Jeremy last night - particularly in the debate with Hutton/Stelzer/Tett. Great grilling of Bruton too.
    Poor Michael having to stand outside in the freezing cold pretending to sell bonds.... :p

  • Comment number 20.

    :o) Some great news - Jeremy is currently filming a NEW series called "Out of Empire" which will be screened next autumn. Can't wait!

    Source:

  • Comment number 21.

    This comment was removed because the moderators found it broke the house rules. Explain.

  • Comment number 22.

    WHY ARE WE STARING AT A PIMPLE OF THE DISEASED GLOBE'S SHOULDER?

    The Ape Confused by Language, caught up in his own unlimited cleverness, has used imaginary money to foul his own nest. He cannot wait to suppress the ensuing sickness, so that he can get on with FOULING BY GROWTH (the conversion of raw materials into rubbish). Needless to say, the next wave of illness (probably mental) will be even more devastating.

    MAMMON ISN'T WORKING.

  • Comment number 23.

    #21 addendum

    I've recently met a man who used to work with/for Jeremy in one capacity or another although apparently they haven't met for about 3 years. This man has warned me that I stand very little chance of succeeding in fighting my case as the Masons are involved. It may be so but I'm not giving up whatever it takes.

  • Comment number 24.

    Ooops - I meant to say David selling bonds @ 19! *runs*

  • Comment number 25.

    #20

    Mistress76uk

    I've heard before about Jeremy doing something about the Empire but am wondering from what kind of angle he's approaching the series and whether he's going to publish a book to accompany it. I should imagine he will.

    mim

  • Comment number 26.

    #20

    I bet you, Mistress76uk, that the whole thing had been staged just to get the picture of Jeremy with the man sporting the moustache.

    The other day I Prince of Wales van passed me by in York Road with the number plate including 52 or the letters db, or something to 'remind' me of a man I've had the misfortune of being 'educated' at a London University College. Af if I needed to be reminded of the damage he and one of his colleagues have caused me and lots of other people.

    mim

  • Comment number 27.

    Ireland and Portugal are not the problem. Spain with its 20% unemployment is key.

    At some point the rich are going to have to loose money.A lot of money. Personal Lehmans so to speak. Trying to pass the buck on the public to protect rich people in massive debts has to stop when the public are bankrupt and the debts are still there.


    Red is Dead

    If everyone in the Labour party is a 'brother' then anyone standing for internal election will be standing against 'a brother' [or sister]?


    Quo Vadis?

    anyone can do ancient stuff online? For most, schools are child minding not education centres. As 'educational' as prisons are.

    Given the ancients had a world view that allowed them to conquer the known world and assimilate in a 'multiculture' [actually its mono culture of different races] those they conquered into accepting romanisation one should have at least a working knowledge of its first principles [as shakespeare did]? Plato, Proculus, Parmenides, Cicero, Homer etc.

  • Comment number 28.

    14

    i am sure we are all 'grateful' for your 'communications' on the board. Especially the constant barrage of off topic posts and witless sing songs.

  • Comment number 29.

    Spain will topple the Euro...the Irish and the Portugese are the opening acts but Spain is the billtopper....

  • Comment number 30.

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