world-economy

Irish Multinationals Weather Middle East Turmoil as Growth Persists

Multinational corporations are sustaining Irish economic expansion despite geopolitical tensions in the Middle East weighing on consumer spending, the Central Bank of Ireland said. The sector's resilience buffers Ireland against external shocks affecting demand across developed markets. Foreign direct investment plays a key role in Ireland's economy. Across Asia and other regions, central banks are navigating competing pressures from inflation and currency volatility. The Bank of Japan, Brazil's central bank, and monetary authorities in Taiwan, Indonesia, and the Philippines are all calibrating policy responses to manage economic stability amid uncertain global conditions and persistent price pressures.