Ireland to ease travel restrictions with some countries from July 9

first_imgIreland plans to lift from July 9 a 14-day quarantine for people arriving from countries that have also suppressed the coronavirus, acting prime minister Leo Varadkar said on Thursday.Ireland will produce a “green list” of countries where the 14-day quarantine will not apply by the July 9 resumption date, Varadkar told a news conference, approving Ireland’s move to the third of the four-phase plan for reopening its economy.Varadkar said the list of countries and criteria for so-called “air bridges” would be coordinated at an EU-level but also cautioned prospective holiday-makers that the list would be reviewed and may change every two weeks. Topics : Ireland has reported an average of nine coronavirus cases a day for the past seven days, representing the biggest drop in new cases across the European Union over the last two weeks, Health Minister Simon Harris said.So far, 1,727 people have died in Ireland from COVID-19, the disease caused by the coronavirus.Asked if the quarantine measures would remain in place with Britain, Varakdar said that while the incidence of the disease seemed to be going in the right direction there, its larger neighbor would not currently meet the criteria.”That’s going to depend on the numbers but at the moment the incidence is very high in Great Britain, so if it was today, we would not be removing the 14-day requirement. We’ll see where we stand on July 9,” he said.Varadkar made clear that the border between Northern Ireland and Ireland would remain open as it has been throughout the pandemic. last_img read more

The Week Ahead Did Builder Confidence Bounce Back

first_img Builder Confidence 2019-07-12 Mike Albanese Here’s what else is happening in The Week Ahead:Census Bureau Housing Starts (July 17)Fed Beige Book (July 17)Banking Committee Hearing (July 17)CoreLogic LoanSafe Webinar (July 18)UofM Consumer Sentiment (July 19) in Daily Dose, Featured, News The National Association of Home Builders (NAHB) will release its monthly Housing Market Index (HMI) on Tuesday, July 16. Builder confidence for new single-family homes fell slightly to 64 in June according to the latest data from the NAHB. Builder confidence fell two points in June and has held in the low- to mid-60s over the past five months, the NAHB data indicated.While the index measuring current sales conditions fell one point to 71, the component gauging expectations in the next six months declined two points to 70. The survey charting buyer traffic decreased one point to 48, according to NAHB.One of the reasons for the growing uncertainty among builders was concerns over the current trade issues, according to Greg Ugalde, Chairman, NAHB. “While demand for single-family homes remains sound, builders continue to report rising development and construction costs, with some additional concerns over trade issues,” Ugalde said.Home prices remained another worrying factor for builders along with excessive regulation and labor shortage, issues that have been at the top of builders’ minds since the beginning of 2019. “Despite lower mortgage rates, home prices remain somewhat high relative to incomes, which is particularly challenging for entry-level buyers,” said Robert Dietz, Chief Economist, NAHB. “And while new home sales picked up in March and April, builders continue to grapple with excessive regulations, a shortage of lots and lack of skilled labor that are hurting affordability and depressing supply.”Breaking up the data by regional three-month averages, the HMI indicated that the South was the only region to indicate a fall in the indices with a single point drop to 67 in June. West remained unchanged at 71 points while the Northeast recorded a three-point gain to 60 during the month. The Week Ahead: Did Builder Confidence Bounce Back? Share 21 days ago 199 Views last_img read more