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House prices: why economists fear a 'painful correction'
21:52|Irish house prices are overvalued by up to 10 per cent, the Economic and Social Research Institute (ESRI) has warned, adding that an increasing number of households are carrying “elevated” levels of mortgage debt. That's not a large percentage when compared to the Celtic Tiger property bubble - so why is the think-tank cautioning it could still mean a 'painful correction'? Economics correspondent, Eoin Burke-Kennedy, explains why loan-to-income rates are creeping upwards, why house prices could come down but remain out of the reach of the average earner, and which global trends are preventing a price drop here.Presented by Bernice Harrison. Produced by Aideen Finnegan.Luigi Mangione: Why do some Americans support a suspected killer?
23:33|On Wednesday, December 4th, Brian Thompson (50), the UnitedHealthcare chief executive was murdered in cold blood outside a hotel in Manhattan.The manhunt to find his killer ended on Monday when the chief suspect, 26-year-old Luigi Mangione, was arrested as he sat in a McDonald’s in a railroad town in Pennsylvania. He has been charged with murder.From the moment the CCTV of the shooting went viral, the police investigation began but so too did an onslaught of social media commentary: from amateur sleuths joining the manhunt; from infatuated posters who had become Mangione fans; and a deluge of online comments and memes either sarcastically or explicitly calling out the greed of private healthcare companies.Now that a suspect has been caught says Irish Times Washington correspondent Keith Duggan, the intense fascination has shifted from “who?” to “why?”.Presented by Bernice Harrison. Produced by Suzanne Brennan.Syria: Lara Marlowe on the tyrannical al-Assad dynasty
27:08|Lara Marlowe met Bashar al-Assad twice during his early years as president of Syria. The writer and journalist also interviewed the dictator's father, Hafez, who seized power in the 1970s and groomed Bashar to assume the presidency before his death in 2000. The regime collapsed on the 7th of December after 13 years of civil war, which claimed the lives of at last 560,000 Syrians and made refugees of six million more. Marlowe recounts her interactions with the totalitarian rulers, profiles the dynasty which includes Bashar's British-born wife, Asma, and explains why the their tyrannical regime crumbled so quickly and breathtakingly at the weekend. Prresented by Sorcha Pollak. Produced by Aideen Finnegan.What now for Sinn Féin and Mary Lou McDonald?
26:22|Four years ago, Sinn Féin changed the landscape of Irish politics by securing the highest share of first preference votes in the 2020 general election and breaking Ireland’s two-party system.The question among many voters in those weeks before the pandemic hit was not if Mary Lou McDonald would become taoiseach of this country, but when.Jump forward four years, and the party has emerged from the 2024 general election with 39 seats, just two more than its 2020 haul. Sinn Féin TDs are now facing up to five more years on the Opposition benches, with disappointment and dismay palpable at different levels across the party.What went wrong for Sinn Féin in the 2024 election, how can they turn things around and what does this all mean for Mary Lou McDonald’s future at the party’s helm?Today, on In the News, after a year of disappointment, what’s next for Sinn Féin and its leader Mary Lou McDonald?Irish Times political correspondent Jennifer Bray discusses what lies ahead for the party.Presented by Sorcha Pollak. Produced by Declan ConlonThe backstory to Disney's IRA thriller Say Nothing
23:09|Veteran republican Marian Price has initiated legal action against streaming giant Disney+ over the TV series Say Nothing, based on a book of the same name by Patrick Radden Keefe, which her lawyers say depicted her as being involved in the murder of Belfast woman Jean McConville.Lawyers for Price, who was jailed for her part in the IRA’s London bombing campaign of 1973, said the allegation was “not based on a single iota of evidence”.On today's podcast we replay an interview with Patrick Radden Keefe, recorded when Say Nothing was published in 2018.Radden Keefe explains how he reached his conclusion that Marian Price was centrally involved in McConville's killing, along with her sister Dolours Price. The Disney dramatisation of Say Nothing has brought the stories of the Price sisters and Jean McConville to a new global audience. "Such allegations published on an international scale are not only unjustified, but they are odious insofar as they seek to cause our client immeasurable harm in exchange for greater streaming success. Our client has now been forced to initiate legal proceedings to hold Disney to account for their actions", Prices lawyers said. Presented by Bernice Harrison. Produced by John Casey.- 19:40|When a taxi driver told Irish Times economics correspondent Eoin Burke-Kennedy that there was a ghost train station under Terminal 1 in Dublin Airport he was intrigued. The architects who designed the terminal in the late 1960s were smart enough to future-proof it – to incorporate into their plan a vast underground train station because, surely it wouldn’t be long before a metro would connect the airport with the city centre. Their thinking was right – but they didn’t reckon with Ireland’s sluggish planning system and an endemic failure to plan and build. Area 14 is a metaphor for so much that is wrong with Ireland’s approach to key infrastructure projects, from housing to energy supply, transport to health.Presented by Bernice Harrison. Produced by Aideen Finnegan.
Explainer: How the martial law debacle rattled South Korea
18:21|South Korea’s unpopular President Yoon Suk Yeol declared martial law late on Tuesday in a move that surprised citizens and parliamentarians.His attempt to ban political activity and censor the media saw armed troops force their way into the National Assembly in Seoul.The martial law order was lifted just six hours later and there is now a move to impeach Yoon if he doesn’t resign.But what does this political crisis in Asia’s fourth largest economy mean for the region?What were Yoon’s reasons for the shock declaration and how was it foiled? And what was the international reaction – particularly in Washington – to the move?Irish Times Beijing correspondent explains.Presented by Bernice Harrison. Produced by Suzanne Brennan.What did Hunter Biden do and was President Biden wrong to pardon him?
20:40|Joe Biden has granted his son Hunter Biden a full and unconditional pardon following his criminal conviction on tax and gun charges. The US president's only surviving son was due to be sentenced this month. The 82 year-old had repeatedly stated he would neither interfere in the judicial process nor use his presidential power to pardon him. So why the u-turn and what will the fallout before Democrats and Republicans alike? Our Washington correspondent, Keith Duggan explains.Presented by Bernice Harrison. Produced by Aideen Finnegan.How Padraig Nally's manslaughter case divided the nation
19:28|Last week, Mayo farmer Padraig Nally, the man who was jailed for less than a year for the manslaughter of an intruder in his home near Lough Corrib in 2004, died. He was 81 years of age.Two decades ago, his shooting of John ‘Frog’ Ward became one of the most divisive murder cases in Ireland. Nally was sentenced to six years’ imprisonment for the manslaughter of Ward. However, his conviction was quashed in a retrial when he was found not guilty of manslaughter.It was a case that divided opinion across the country. Nally argued self-defence, saying “there was only one way out of it: it had to be him, or it had to be me”.What exactly happened in November 2004, why was Nally’s initial conviction quashed and why are people still speaking about this case 20 years later?Mick Clifford, special correspondent with The Irish Examiner who covered Nally’s case at the time joins the podcast.Presented by Sorcha Pollak. Produced by Suzanne Brennan.