Presented by Newstalk's Business Editor Joe Lynam, this 30-minute programme focuses on the key business stories from home and abroad, market analysis, new business innovations and profile interviews.
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Giorgi Peikrishvili is the Chairman of the Irish Georgian Chamber of Commerce
Recently show we discussed the circumvention of sanctions on Russia with Commissioner Mairead McGuinness. We mentioned a few countries that have seen their exports to Russia soar including Georgia which is officially a candidate country to join the EU.
Giorgi Peikrishvili is the Chairman of the Irish Georgian Chamber of Commerce and joined Joe this morning to discuss these two issues.
The main business stories this morning
Joe Lynam takes a look at the main business stories feature in the business pages and online.
Commissioner Mairead McGuinness
On Saturday it will have been 2 awful years since Russia began its invasion of Ukraine. One of the few bright spots to emerge was the speed and depth of cooperation by EU member states in imposing crippling sanctions on Russia.
But the circumvention of those sanctions has also been huge with EU exports to neighbouring countries such as the Caucuses soaring by up to 10 times the usual amount and then ending up in Russia. Speaking to Joe this morning was Commissioner Mairead McGuinness responsible for financial services and financial literacy but also the implementation of sanctions.
David Malone Chief Executive of the Irish League of Credit Unions
Over the past quarter, credit unions were issuing loans at a rate of 8000 per week that works out at €631million worth of loans over 3 months.
There’s no doubt that the credit unions are slowly but surely starting to become a fourth force when it comes to home loans. But they still have a long way to go to match the lending levels of the big 3 banks.
Speaking to Joe this morning was David Malone the Chief Executive of the Irish League of Credit Unions.
A look at today's business stories
A look at today's business stories with Newstalk Business Editor Joe Lynam.
Brian McHugh the Chair of the CCPC
Consumption accounts for more than half of the Irish economy. But there are many who believe that consumers unlike farmers or technology companies - don't have the same protections nor the ear of senior politicians.
The Competition and Consumer Protection Commission was established a decade ago but only got beefed up powers to investigate last year. Now the CCPC has put out a survey of consumers who may have experienced detriment or some sort of stress or financial loss when buying goods or services in Ireland.
Joining Joe this morning was Brian McHugh the chair of the CCPC.