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The Latest Breaking News from IRA

A year in, landmark U.S. climate policy drives energy transition but hurdles remain

One year ago, President Biden signed the Inflation Reduction Act into law, directing hundreds of billions of dollars to speed the transition away from fossil fuels.

WEKU

Schumer says Inflation Reduction Act provides contrast with Republicans in 2024

The Senate majority leader concedes it will take time for law's full impact to be felt, but says its effect is "cumulative" and Democratic candidates would be persistent in touting the law.

WEKU

Joe Manchin vows ‘unrelenting fight’ against US climate law he helped pass

Democratic West Virginia senator calls the Inflation Reduction Act, hailed as ‘biggest step on climate crisis’, a ‘radical agenda’

The Guardian - US

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Ready to kick-start your retirement savings? Don't sleep on a Roth IRA

With a Roth IRA, you trade tax-deductible contributions for tax-free retirement income.

Fortune

‘We are facing dependence on China’: EU battles to support green industry

Europe’s response to the US’s $369bn Inflation Reduction Act is being stymied by lack of funds and coordination, say analysts

The Guardian - UK

Town comes together to remember its darkest day 25 years on

A short memorial service was held at the site in Omagh where 29 people, including a woman pregnant with twins, died in a Real IRA bombing in 1998.

The Independent UK

Moment of silence held to mark 25th anniversary of Omagh bombing

Twenty-nine people, including a woman pregnant with twins, were killed by the bomb planted by the Real IRA in 1998.

The Independent UK

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In 'Bidenomics,' Congress delivered a once-in-generation investment — with political promise, peril

There are so many dots on the maps they blur into blobs – each one reflecting trillions of public and private dollars flowing in the U.S. in a nationwide investment

The Independent UK

The victims of the Omagh bomb

The Real IRA atrocity on August 15 1998, killed 29 people, including a woman who was pregnant with twins.

The Independent UK

Biden’s climate bill leaves workers behind in shift to electric cars, union says

Legislation gives incentives to companies to manufacture EVs without protections for workers, says head of autoworkers union

The Guardian - US

Lessons must be learnt from Omagh bomb tragedy 25 years on – Heaton-Harris

It is a quarter of a century from the Real IRA atrocity – which cost the life of 29 people, including a woman pregnant with twins.

The Independent UK

Transition from ‘dirty’ to green US jobs rises, leaving older workers behind

Workers in their 40s, 50s and 60s and those without college degrees appear least likely to move into green jobs, research finds

The Guardian - US

One year on: How has US climate plan affected trade ties?

US President Joe Biden's landmark climate action plan may have been trailed by billions of dollars in clean energy investment, but its potential to reshape trade lines has strained ties with allies.

Radio France Internationale

Data leaks have given Irish republican groups ‘upper hand’ against police, analysts warn

Breaches hurt police morale and may help republican paramilitaries intimidate officers and their families

The Guardian - UK

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news in one place.

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The Guardian - US

Green investment boom and electric car sales: six key things about Biden’s climate bill

The $369bn Inflation Reduction Act has boosted clean energy and EV cars, but the politics remain difficult

The Independent UK

New IRA believed to be largest of dissident republican groups

The group claimed responsibility for the shooting of Detective Chief Inspector John Caldwell in February.

The Guardian - UK

Face Down review – documentary traces trauma of a brutal IRA murder

The kidnapping and killing of Thomas Niedermayer by the Provisional IRA is given deeply moving family context and gripping historical background

Kiplinger

Pros and Cons of Adding Alternative Investments to Diversify Your IRA

The potential for higher returns from alternative investments such as real estate and private equity comes with some risks. Are they right for you?

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news in one place.

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Fortune

With interest rates at historic highs, retirees might want to invest in a CD IRA to protect and grow their nest eggs

IRA CDs can help retirees protect their savings in multiple ways.

Kiplinger

New Rules for Inherited IRAs Could Leave Heirs With a Hefty Tax Bill

Thanks to recent changes in the law on inherited IRAs, your tax bill from any inheritance could be larger than you expect.

The Independent UK

Former British soldier ordered to give evidence into Co Tyrone shooting

IRA men Peter Ryan, Tony Doris and Lawrence McNally were shot dead in Coagh, Co Tyrone, in 1991.

The Guardian - UK

Pension funds fail to turn into Jeremy Hunt’s magic money tree

The chancellor’s plan to use the UK’s providers as a source of much-needed investment has proved underwhelming, to say the least

Kiplinger

The 10-Year Rule for Inherited IRAs

The IRS’ interpretation of the 10-year clean-out rule on inherited IRAs can be complicated.

InsideEVs

Tesla Price Reductions Partly Offset By Government Tax Credits: Report

Tesla is taking full advantage of the battery tax credits instituted by the IRA, cashing in subsidies between $900 and $1,400 for every EV sold in the US.

Fortune

It took 30 years for climate tech investments to pay off. Now they’re best placed to survive the VC winter

Early solar investors anticipated receiving an amount of public funding that didn’t come to pass until the IRA.

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