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Ireland’s trade has been the reason for the nation’s prosperity. Although the recession devalued the sterling and forced the government to implement various strategies, foreign companies, such as Apple, Microsoft, IBM, Oracle, Google, eBay, Pfizer, Cadbury-Schweppes, Dell and Intel, have kept the exports alive through their wide range of products.
In 2009, the Irish export volume went down to $107.3 billion, from $119.8 billion in 2008. The main exported commodities were:
Machinery and equipment
Ireland’s exports partners include
Last Sunday’s general election in Japan has returned Prime Minister Shinzo Abe’s Liberal Democratic Party (LDP) and its ally, the New Komeito, with a two-thirds majority in the lower house of the Diet. That the LDP would get a majority of seats was expected, as various polls had shown since Abe unexpectedly announced snap elections in November. Now the LDP holds 291 seats and New Komeito 35 in the 475-seat lower house. Read more
Jeffrey D. Sachs,
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