Wednesday, November 27, 2019

Jameson Irish whiskey among top global brands; UK is biggest exporter

This is Statista's ranking of the Top 15 global whiskey brands in 2018 based on sales volume (in million 9 litre cases): The top 4 are Indian and Pernod Ricard, the owner of Irish Distillers, owns Imperial Blue and Royal Stag. Johnnie Walker is the leading Scotch whiskey at 5th rank, owned by the Diageo, the British drinks group. Jack Daniels of the US is in 6th place; Original Choice is Indian and in 7th place; Jim Beam of the US has an 8th rank; Haywards Fine is another Indian whiskey at 9th rank; Jameson is in 10th place; followed by Ballintine's a Scotch owned by Pernod Ricard; Crown Royal of Canada owned by Diageo has a 12th rank; the last 3 brands are also Indian.

The Irish whiskey industry has made a remarkable comeback at international level since Pernod Ricard of France acquired Irish Distillers in 1988. Jameson Irish Whiskey sales have quintupled since then and today the brand is among the top global whiskey brands but the early 19th century glory days of Ireland as the leading whiskey producer are not back. The United Kingdom is by far the world's biggest whisky (the spelling used by Scotch distillers) exporter.

Tuesday, November 19, 2019

Ireland's record trade surplus of €107 billion in 2018 — an illusion?

The blue line includes phantom Irish exports such as exports of iPhones to China!

In 2017 Ireland supposedly exported €17bn worth of Apple iPhones/ materials to China even though there were no shipments! Ireland has no history of direct development of the iPhone, or supplying any related material to China. Last year IMF staff estimated in respect of Ireland, "that the contribution in value-added terms of iPhone exports...account(ed) for one-fourth of the country’s economic expansion in 2017." 

Wednesday, November 13, 2019

US FDI into Ireland and Irish investment in America — facts and myths

Impressive data on inward and outward FDI from Ireland and to Ireland, from the United States Department of Commerce — in the real world it's bullshit! 

Confusion abounds about United States foreign direct investment (FDI) in Ireland and "Irish" FDI in the US — the latter is dominated by American firms. Ireland's inward FDI excites politicians, senior civil servants, public enterprise agencies, professional vested interests coining from it, and gullible journalists, as Ireland appears to be among the leading recipients of US FDI in the world while Ireland is also among the top 10 countries for investment in America!

Thursday, November 07, 2019

American political and business corruption predated Trump presidency

"Critics say that America is a lie because its reality falls so far short of its ideals. They are wrong. America is not a lie; it is a disappointment. But it can be a disappointment only because it is also a hope," are the concluding lines of the 1981 book, 'American Politics - The Promise of Disharmony' written by Samuel P. Huntington (1927-2008), a Harvard political scientist.

Friday, November 01, 2019

Humanity's birthplace may be in Botswana or in several African locations

Researcher Vanessa Hayes with the Ju/’hoansi people in what is claimed to be the ancestral homeland of humanity. Chris Bennett/Evolving Picture

Makgadikgadi in Northern Botswana is one of the largest salt flats in the world and is all that remains of the formerly enormous Lake Makgadikgadi. Two hundred thousand years ago Makgadikgadi was Africa's biggest lake and it was surrounded by wetlands. Scientists from Australia's Garvan Institute of Medical Research and the University of Sydney in October published the results of DNA sequencing cross-referenced with other information, including geological and climate data. The scientists say that the area was completely surrounded by a very uninhabitable region, "which led to our hunter-gatherer ancestors staying put for some 70,000 years." The researchers claim that the area is the cradle of humanity.