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Traders work on the floor of the New York Stock Exchange on September 15th, 2008, the day 
as the bankruptcy filing by U.S. investment bank 
Lehman Brothers filed for bankruptcy.

The defining event of our century thus far has been the failure of the West’s financial system. The consequences – budgetary, economic, political, soc(...)

Eric Eoin Marques, accused by the FBI of being the largest facilitator of child pornography in the world arriving at the Four Courts earlier this month. Photograph: Alan Betson/The Irish Times

The High Court will rule tomorrow on whether a 28-year-old Irishman, described by an FBI special agent as “the largest facilitator of child porn on t(...)

The Lexus LF-NX concept at the Frankfurt auto show

Lexus is the latest premium brand to join the rush to create crossover/SUV models. While its offering at Frankfurt is merely a design concept, it clea(...)

The National Security Agency campus in Fort Meade, Maryland. The agency has secretly circumvented or cracked much of the digital scrambling that protects global commerce, e-mails, phone calls, medical records and web searches, according to newly disclosed documents. Photograph: Government handout via The New York Times

The National Security Agency routinely violated court-ordered privacy protections between 2006 and 2009 by examining phone numbers without sufficient (...)

Criminals convicted of serious offences and most suspects detained in connection with serious criminal investigations are to have their DNA profile ad(...)

Protesters gather in front of the White House on September 10th, 2013 in Washington. Photograph: Win McNamee/Getty Images

SIMON CARSWELL, Washington CorrespondentUS president Barack Obama spent most of his televised address last night explaining why the US was morally rig(...)

US president Barack Obama walks to a podium before a televised address at the White House in Washington DC. Photograph: Evan Vucci/Pool via Bloomberg

Envoys from the five permanent UN Security Council member states will meet in New York on Wednesday to discuss plans to place Syrian chemical weapons (...)

US President Barack Obama talks to Senate pages as he leaves the Senate Democratic policy luncheon after meeting with Senate Democrats at the Capitol yesterday in Washington DC.

The White House and a cross-party group of US senators responded to the possibility of a political solution to the Syria crisis by offering the Assad (...)

A breakthrough on Syria?

Syria’s acceptance of a Russian proposal to put its chemical weapons under international control offers a way to prevent their use in the Syrian civil(...)

A means to an end
  • Ireland
  • September 11, 2013, 01:00

Austerity is a means to an end, not an end in itself. That is how Central Bank governor, Patrick Honohan views the pragmatic economic measures taken s(...)

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