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Fri 11 Nov 2008Irish economy braced for Obama effect
The conditions under which US firms can inflate their profits by moving operations to Ireland could well change under Barack Obama, writes Arthur Beesley, Senior Business Correspondent
AMID ACUTE strain on the domestic economy, Barack Obama's ascent to power raises concern that his policy on the taxation of business profits could threaten the flow of US investment into Ireland and lead to job cuts in companies that already have operations here.
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