It’s official: Ireland is the best country in the world, for business. For the first time since the list was compiled in 2006, prestigious Forbes magazine placed Ireland first in its ranking of 145 nations, says the Irish Independent. “It is the only nation that ranks among the top 15% of countries in every one of the 11 metrics we examined to gauge the best countries. Ireland ranks near the very top for low tax burden, investor protection and personal freedom.”, says Forbes.

Today, the strongest storm of the century hit Germany: Pat’s flight to Hamburg was cancelled; she re-scheduled to Amsterdam; from there, she was going to get a train, that was cancelled… instead of arriving at 4pm, she will now arrive a 7am on Friday….

Even if you are not interested in the economy and all that, it’s worth, just for the laugh of it, to read the announcement of these great news on Forbes’ website. They say, and I am not making this up, that “Ireland’s recent troubles have made it more attractive for companies moving in. Nominal wages fell 17% between 2008 and 2011, which helped keep labor costs in check. Unemployment remains stubbornly high—a recent 12.8%—providing companies a large labor pool to pick from.” The cake on the icing: foreign investors pay virtually no tax and we all speak English. Not surprisingly, “U.S. firms invested $129.5 billion in Ireland between 2008 and 2012” representing “a greater total than had been invested in the previous 58 years combined. Ireland (…) attracted almost as much U.S. investment as all of developing Asia.

Pádraig is doing well, given the circumstances. I am sure that he was so happy to here a familiar voice, and in Irish, from one of his good friends he had been missing over the past week. We will need to remain hopeful, positive, supportive of his efforts.

Contrast the investment with the news about the “highly regrettable” decision (High Court Judge) by the HSE to admit liability for injuries suffered by patients in Irish hospitals, for the third time this week. Contrast that with the €666m cut in the health budget for 2014 which many predict will rise to €1b. Contrast this with a waiting time of one year for what i consider basic heath care and health services, such as in Pádraig’s case – a waiting time consultants in Germany described as unethical and grotesque. (I was thinking of Louise’s essays on business ethics and stakeholder theory, you might have read about earlier in her comments, when writing this.)

Today’s German Music Tip
Sido feat. Mark Forster, Einer dieser Steine (15 Nov 2013). 4.5m hits on youtube in 3 weeks isn’t bad for a German song…
What’s hot
Dedicated doctors
What’s cold
Storms
The German word/phrase/verse of the day
Sturmflutwarnung