Share

cover art for David McWilliams: How the energy crisis could plunge Ireland into recession

In The News

David McWilliams: How the energy crisis could plunge Ireland into recession

The world is in oil shock. Since the US and Israel launched its war on Iran one month ago, the impact on the rest of the world has been felt in ever-rising energy prices.

Iran controls – and has mostly closed – the Strait of Hormuz through which one-fifth of the world’s oil supply usually passes.


There is no guarantee in this uncertain war when oil supplies will start flowing again as normal.

History shows that oil shocks are followed by recessions says economist, writer and Irish Times columnist David McWilliams.


But will that happen this time? And is there enough understanding in Ireland how this war could impact on all our lives in the coming weeks.


Presented by Bernice Harrison. Produced by Suzanne Brennan. 

As we head into the New Year, The Irish Times wants to hear listener feedback on our two news podcasts; In The News and our more recently released sister podcast Early Edition.


This survey is open to anyone who has listened to either In The News or Early Edition- whether you listen regularly, occasionally, or have listened in the past.


This survey should take around 3-5 minutes to complete. All responses are anonymous.

More episodes

View all episodes

  • Was death of billionaire fashion mogul an accident or murder?

    19:17|
    This episode was originally published in June 2026. When Isak Andic, who created the Mango clothes brand, died from a fall while our hiking with his only son, Jonathan, in the mountains outside Barcelona, it was treated as a tragic accident.But for the Spanish police, something about events on that hiking trail in December 2024 just didn’t add up.First there were inconsistencies in Jonathan’s police statements. Then forensics found evidence that suggested something more sinister may have happened to the 71-year-old billionaire.In May, in a move that created shock and headlines in Spain, Jonathan was arrested in connection with his 71-year-old father’s death.He has been released from custody having posted €1 million in bail. But what happens now? Will the case go to trial to decide if the fashion mogul’s death was an accident or murder?Madrid-based reporter Guy Hedgecoe has been following the story.Presented by Bernice Harrison. Produced by Suzanne Brennan. 
  • Modern slavery in Donegal: how gardaí saved seven victims

    29:46|
    This episode was originally published in June 2026.For the six men and one woman trafficked to Donegal by Georgijs Poniza and Armen Pogosyan, life was unimaginably harsh.They worked long, gruelling hours, lived together in dire conditions, rummaging in public bins for food and walking up to 30km to get to work. When they stepped out of line they were subject to abuse including physical violence.In the nearly three years they spent in modern slavery in Ireland, the seven victims, all Latvians, earned about €750,000 but as their bank accounts were controlled, they saw a tiny fraction of that.This month in a first conviction of its kind in the State, Poniza and Pogosyan, who were long-time residents in Ireland, were jailed for a total of 24 years for human trafficking for the purpose of labour exploitation.So how did the operation work? Why in a small community in Donegal did no one notice anything? And how were the traffickers caught?Chris McNulty, a journalist with Donegal Daily, has been following the case and was in court for the sentencing.Presented by Bernice Harrison. Produced by Suzanne Brennan.
  • Why concern is growing around the 'free birth' movement in Ireland

    31:45|
    This episode was originally published in June 2026. Naomi James (38) was pregnant with her fourth child when, disillusioned with Ireland's maternity services, she chose to give birth at home without medical assistance.Shortly after her baby was born at home in Drogheda in June 2024, she became ill and was taken to hospital, where she died.Naomi was just one of an unknown but growing number of women in Ireland who opt for a free birth, – to have their babies without a midwife or doctor present.Such is the concern over free births that the State’s directors of midwifery have warned the HSE that such births are linked with “perinatal and maternal mortality and severe morbidity”.So what is driving this choice? How are home births different from free births? What role do online free birth influencers play in this dangerous movement? And how has Naomi’s family coped since her tragic death?Irish Times reporter Ellen Coyne investigated free births in Ireland, and the people advocating them.Presented by Bernice Harrison. Produced by Suzanne Brennan.
  • Inside Andrew Tate's toxic world - Part 2

    22:58|
    This episode was originally published in September 2024. In July 2026 Andrew and Tristan Tate were arrested in Florida. They are currently detained in prison, awaiting extradition to the UK on charges of rape, human trafficking and sexual exploitation.In the summer of 2022, journalists Matt Shea and Jamie Tahsin were in Romania filming a documentary about Andrew Tate and his social media influence. Tate, who had made a name for himself spouting misogynistic content online appeared invincible, but his empire was about to crumble. As concern about his content began to mount, the controversial influencer was banned from Facebook, Instagram and TikTok for violating community guidelines on dangerous individuals and hate speech. But a social media ban was the least of his problems. Back home in London, as Shea and Tahsin continued their investigation into Tate and his business operations, the sinister truth about his webcam industry and his ‘War Room’ began to reveal itself. In June 2023, Tate and his brother Tristan, along with two Romanian women were formally charged with rape, sex trafficking and forming a criminal gang to sexually exploit women. He is currently under house arrest in his compound in Bucharest. In this episode, (part two), Shea tells Bernice Harrison about the women from Tate’s past who decided to speak out against him and how his fans have reacted to his latest string of charges. Clown World: Four Years Inside Andrew Tate’s Manosphere is out now.
  • Inside Andrew Tate's toxic world - Part 1

    29:52|
    This episode was originally published in September 2024. In July 2026 Andrew and Tristan Tate were arrested in Florida and are currently detained, awaiting extradition to the UK on charges of rape, human trafficking and sexual exploitation. In 2019, before Andrew Tate became the household name he is today, documentary makers Matt Shea and Jamie Tahsin decided to tell Tate's story and investigate his social media influence and cultural impact. Much to their surprise, the 'king of toxic masculinity' allowed them into his world. But as they delved deeper into his empire and uncovered the sources of his income, their investigation soon turned into a criminal one and something much bigger than Shea and Tahsin could ever have imagined.In their new book, Clown World: Four Years Inside Andrew Tate’s Manosphere, they recount their investigation into the former kickboxer, the shocking allegations made against him, and the backlash they faced from Tate and his followers when their documentaries aired.In the first of two episodes on Andrew Tate’s toxic world, co-author Matt Shea talks to Bernice Harrison about Tate’s background and the influence of his narcissistic father, American chess player Emory Tate. He also examines Tate’s mass appeal and the space he occupies within the ‘manosphere’. Shea details his visit to Tate’s compound in Romania and explains what happened inside the private ‘War Room’ event, which followers of Tate paid five thousand pounds to attend. Though they were granted access to film the exclusive gathering, their relationship with Tate didn’t last long. Clown World: Four Years Inside Andrew Tate’s Manosphere is out now.
  • Did model scout Daniel Siad take Jeffrey Epstein’s secrets to the grave?

    22:56|
    Daniel Siad’s thousands of emails and messages found in the Epstein Files show in grim detail both the depravity of the US fraudster and paedophile and how his sex-trafficking ring operated.Jeffrey Epstein would tell the Paris based “model scout” the type of girl he wanted and Siad would go hunting. Spying a “suitable” victim he would promise the young woman a modelling career in New York.Once there, Epstein would introduce himself and the grooming and sexual exploitation would begin.By examining the Epstein Files, Irish Times Europe correspondent Naomi O’Leary built up a profile of Siad and was able to contact one of his victims to hear how Siad’s operation worked.Siad, who was 69, died from undetermined causes at his home in Paris on July 20th. At the time of his death he was under investigation for a rape charge.How was this related to the Epstein Files? Why were French officials so slow to act against him despite mounting evidence? And will his death, like that of Epstein and another French model scout Jean-Luc Brunel - both by suicide - mean that thousands of victims will never see justice.Paris-based Europe correspondent Naomi O’Leary explores the details.Presented by Bernice Harrison. Produced by John Casey. 
  • Will Dublin’s MetroLink really cost €19bn?

    21:16|
    Dates for the arrival of Dublin’s MetroLink have changed wildly since the project was first suggested in 1975. So has the budget.The latest figure to emerge – from an unattributed Government source – is €19bn. That’s quite a jump from the estimate released four years ago, calculated at €9.5bn as the midpoint of a “credible” cost range of between €7.16bn and €12.25bn.Why such a significant increase? And with plans already approved and with property already purchased for the project by Transport Infrastructure Ireland how much has already been spent on the transport solution that promises to transform commuting in the capital. Also when will building actually begin?Dublin Editor Olivia Kelly dives into the details and controversies of the MetroLink project.Presented by Bernice Harrison. Produced by Suzanne Brennan. 
  • Glen Hansard: Remembering Ireland's ‘unofficial national bard’ with Patrick Freyne

    20:20|
    Glen Hansard died in the early hours of Wednesday morning in a motorcycle crash in the Strawberry Beds area of Dublin. He was 56. He was one of Ireland’s most well-known musicians who leaves behind an incredible musical legacy from a career that took him from being a teenage busker on Grafton Street to winning an Oscar for the song Falling Slowly. A lifelong activist, he was also a husband to Finnish poet Maire Saaritsa and a father to three-year-old Christy.Irish Times writer Patrick Freyne once played in a band and they supported Hansard’s first band The Frames in the early 1990s.Freyne traces Hansard’s career; talks about his ability to bring musicians together, his deep well of charisma and why he thinks the Dublin man had become the unofficial national bard.Presented by Bernice Harrison. Produced by Aideen Finnegan.
  • Lorcan Murphy: Why covert filming can be a gateway to more serious offending

    18:28|
    Lorcan Tadgh Murphy, who was earlier this month jailed for murdering US nurse Mackenzie Michalski in 2024 in Hungary, had obsessively tried to pick up women across various European cities. Police in Budapest discovered that he had used a “spy pen” to covertly record his attempts, just as he had done previously in Dublin, where 16 women were recorded without their knowledge.The Dublin Rape Crisis Centre has been concerned for some time at the increasing use of hidden cameras, smart glasses, pen cameras and other covert recording devices to secretly film women and girls without their knowledge or consent.And as smart glasses are becoming more mainstream – Meta has already sold an estimated 10 million pairs of their its stylish Ray-Ban camera-enabled glasses – concerns are growing.So if Murphy had been caught in Dublin in 2020 secretly filming women, would he have broken any law? Why do advocacy groups say these type of secret recordings are “often minimised as harmless”, but could in fact be “part of a path to future crime”? And what role do the makers of these devices, that could easily be used to secretly record, have in ensuring the public is protected?News reporter Ellen O’Riordan explores this fast-evolving debate.Presented by Bernice Harrison. Produced by Suzanne Brennan.