Wednesday, July 28, 2010
Irishman on first sailing lesson dies in storm tragedy
Friday, July 16, 2010
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Tuesday, July 13, 2010
Cowen “dealt tough hand” says New York Mayor
Taoiseach Brian Cowen has met New York Mayor Michael Bloomberg on the second day of his visit to the United States.
Mr Cowen also met with executives from Goldman Sachs and Bank of New York Mellon, both of which have significant operations in Ireland.
Speaking at City Hall after the meeting, Mayor Bloomberg said Mr Cowen had “been dealt a tough hand, like at a lot of leaders around the world” but said he had “a lot of respect for him and his willingness to take on the tough issues.”
The Taoiseach said he used the meeting to indicate the continuing interest of Irish business in penetrating the New York and Tri-State area.”
“Since beginning of the year 32 more companies from Ireland have set up in the States, eight in New York City,” said Mr Cowen.
Mr Cowen said he wanted to learn lessons about the innovative way in which Mayor Bloomberg had been delivering public services.
The Taoiseach will travel to Atlanta, Georgia tomorrow (Wed) where he will open the first ever Irish consulate office in the southern United States.
He will also meet Governor Sonny Perdue and give an interview to CNN.
Cowen Condemns Belfast Rioting
The Taoiseach Brian Cowen has condemned the sectarian violence in Belfast over the past two days.
Speaking on the second day of his visit to New York, Mr Cowen said the rioting of the past few days had “no place in building peace and prosperity in the North or indeed the island of Ireland”.
“I think all of us have to be very strong in our support for the police service on both sides of the border, the Gardai and PSNI,” he said, “I know that community workers work hard in many respects within their communities and we have to, obviously, work even harder to avoid unrepresentative elements who have nothing to offer their communities engaging in this sort of sectarian activity.”
Asked about PSNI Assistant Chief Constable Alistair Finlay’s criticism of the Stormont government over its preparations for the Twelfth, Mr Cowen said, “The devolution of policing powers to Northern Ireland has been a very important step. It has only just taken place in the last number of months. But the operational responsibility the police service has, has to be respected and it has to be supported.”
“It just re-emphasises and reinforces the fact that we have to do everything we can and work even harder to achieve a situation where these unrepresentative elements are not given an opportunity to display sectarianism on the streets.”
Monday, July 12, 2010
Cowen launches €500m Innovation Fund on US visit
Mr Cowen is eager to convince business leaders here that Ireland’s fiscal fortunes have turned a corner, and the country is on the road to recovery.
He’s also announced a new venture capital fund, worth half a billion euro, aimed at promoting entrepreneurship.
On Monday morning, he met with the President of the New York Stock Exchange Duncan Niederaur on Wall Street.
He followed that by a meeting with leading business figures, including many members of the Global Irish Network, established at the Farmleigh Summit last year.
He has also been holding talks with US companies that have invested in Ireland, as well as giving a series of high profile media interviews including Bloomberg and CNN.
On Tuesday, he is meeting held talks with New York Mayor Michael Bloomberg.
He travels to Atlanta, Georgia on Wednesday, where he will meet Governor Sonny Perdue, before opening a new Irish consulate.
It will be the first ever Irish diplomatic mission in the southern United States and the first new consulate to be opened here in several decades.
Mr Cowen is using his visit to the US to promote a new Innovation Fund, worth half a billion euro, aimed at boosting Irish business over the next five years.
The government is investing €125m from Exchequer funds into the project, and €125m will be provided by the National Pension Reserve Fund.
The remaining €250m will come from venture capital companies, which Mr Cowen expects to locate in Ireland, bringing money and expertise.
“The Innovation Fund was very well received,” Mr Cowen said after the Wall Street meeting.
“It’s about Ireland setting itself up as a place where business can be done, where start-ups can take place, particularly in the technology and life sciences and other areas, and ensuring there is risk capital available to help those companies scale up.”
He also expressed confidence that, based on market testing they’ve done on the initiative, that some US Tier 1 Venture Capital companies would send personnel to Ireland to establish European bases over the next few years.
“This fund is an opportunity for people with good ideas, whether they are in Ireland or within Europe, to see the country as a good location to start up their business or grow their business.
Although the visit is focussed on economic issues, Mr Cowen also stopped off at Gaelic Park in the Bronx on Monday afternoon to launch a GAA summer camp aimed at children.
The 2010 New York CĂșl 4 Kids Summer Camp has around 200 participants from the Tri-State area.
He posed for pictures with many of the children, including 6 year old Roisin Smith, from Woodside, Queens, who wore the GAA jersey of Mr Cowen’s home county Offaly.
Roisin’s mother, Marie is from Mr Cowen’s constituency.
“I didn’t expect her to get a picture with him,” she said, “but it’s great that she did!”
Her son Sean, 8, was also taking part in the summer camp.
But did they know who Mr Cowen was?
“I’ve been explaining to them by comparing him to Barack Obama,” said Marie, “I said that in the way that Obama runs the US, Mr Cowen is in charge of Ireland.”