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Opposition requests ‘vote of conscience' in calls to stop Central Bank's role in sale of Israeli Bonds

Opposition requests ‘vote of conscience' in calls to stop Central Bank's role in sale of Israeli Bonds

The Central Bank of Ireland is the designated authority in relation to the sale of Israel Bonds in the EU.
Israel Bonds have been advertised as supporting the country's economy, and more recently, websites promoting the securities emphasise their role in supporting Israel's military operations in Gaza.
The Central Bank is responsible for assessing whether a prospectus for the offer of securities is in compliance with requirements of the EU Prospectus Regulation, with the authority saying approval should not be viewed as "an endorsement of the issuer".
Protesters have demonstrated outside the Central Bank and called for legislation that would give Ireland the power to refuse the sale of Israeli "war bonds" over human rights concerns.
Last month, a Sinn Féin bill which would have imposed restrictions securities on behalf of Israel was defeated after the Government voted against the draft legislation.
On Wednesday, the Dail will vote on a motion on the matter brought by a number of opposition parties during the Social Democrats' time.
The motion says the bonds are intended to fund the war in Gaza and argues Ireland has an obligations under the Genocide Convention to use all means likely to have a deterrent effect on those suspected of preparing genocide.
Speaking to reporters on Monday, Social Democrats TD Sinead Gibney said: "We have failed as an international community to prevent a genocide from happening so now we have to do everything in our power to make sure that we stop it."
She added: "We are urging the Government to allow a free vote, a vote of conscience, because we believe that this is something that many TDs will support if given the opportunity.
"And we absolutely urge the government to support this motion."
Sinn Féin TD Sean Crowe said he believes the gap between the vote on the Sinn Féin Bill and this motion will given TDs "time to reflect".
Meanwhile, Tanaiste and Foreign Affairs Minister Simon Harris called on Israel to lift a blockade on aid into Gaza.
It comes after Israeli forces stopped a Gaza-bound aid boat and detained activists on board early on Monday, enforcing a longstanding blockade of the Palestinian territory.
Mr Harris said the vessel was an "unarmed civilian effort" to get food and medicine to the "starving people of Gaza" in the midst of "devastation and catastrophic humanitarian conditions".
He added: "The UN and humanitarian organisations must be allowed to work independently and do their job.
"It is a shame on the world and international community that people are starving in Gaza.
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Government urged to show restraint amid €2bn overspend
Government urged to show restraint amid €2bn overspend

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  • Irish Examiner

Government urged to show restraint amid €2bn overspend

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Uisce Eireann staff got over €13m in bonuses last year
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  • Irish Independent

Uisce Eireann staff got over €13m in bonuses last year

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Roderic O'Gorman: Budapest Pride was a rebuke to Orbán, we must keep an eye on his response
Roderic O'Gorman: Budapest Pride was a rebuke to Orbán, we must keep an eye on his response

Irish Examiner

time2 hours ago

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Roderic O'Gorman: Budapest Pride was a rebuke to Orbán, we must keep an eye on his response

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The presence of so many international, and especially EU representatives, was seen as particularly important by the event organisers, as it ensured that Europe's media would be closely scrutinising the actions of the Hungarian government and police over the course of the Pride weekend. For me, it was important to send a clear message that in a fellow EU member state the rolling back of basic human rights could not, and would not, be tolerated. Equality by definition should know no boundaries. Should our ambition for a truly equal society end at the Irish Sea? As Europeans, citizens of a union founded to improve all lives on the continent in peace and security, we have every right to turn up and show our solidarity. 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Thankfully, despite a hostile social environment, Ireland has never had mainstream political forces openly targeting minorities as scapegoats to advance their own narrow agenda. But we're not magically immune to it. Corrosive, ignorant and hate-filled commentary saturates our online discussion spaces, with our trans community being particular targets. This is not spontaneous or manifest of real public opinion - it is by design of the few who seek to manipulate the many. Rationality and reason are in retreat. Democracy is undermined. That cannot be allowed to continue anymore. It's incumbent on elected representatives across Europe to challenge this. Undoubtedly, the scale of the public participation in Budapest on Saturday represents a blow to Orbán. He made himself central to the decision to ban the Pride Parade, so the fact that numbers rose from 35,000 last year to close to 200,000 this year is a clear public rebuke. Opinion polls for the general election that is due next year suggest that a centre-right opposition party, TISZA, is on track to comfortably beat Fidesz. But after being in Government for over 15 years, large parts of Hungarian society - the media, the courts, most commercial enterprises - are all controlled by the Fidesz party. April's election will not be fought on a level playing field. It is also vital that, in the weeks ahead, we continue to watch the actions of Orbán's government with respect to the aftermath of the Pride parade. Will he seek to issue fines to those who participated, or will he seek to target the organisers with criminal prosecution? He may feel it is best to cut his losses following the massive march, or he may seek to double down and look to get revenge on his opponents in civil society. The Irish government must not be silent on this. Read More Facial recognition technology now being used to suppress LGBTI+ people in Hungary

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