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Economy Of Northern Ireland
The economy of Northern Ireland is the smallest of the four countries of the United Kingdom, constituents of the United Kingdom and the smaller of the two jurisdictions on the island of Ireland. At the time of the Partition of Ireland in 1922, and for a period afterwards, Northern Ireland had a predominantly industrial economy, most notably in shipbuilding, rope, rope manufacture and textiles, but most heavy industry has since been replaced by Service (economics), services. Northern Ireland's economy has strong links to the economies of the Republic of Ireland and Great Britain. Overview Output and economic growth In 2022, Northern Ireland had the smallest economy of any of the twelve ITL (UK), ITL 1 regions of the United Kingdom, at £55.5 billion; however, this is partly because Northern Ireland has the smallest population and at £26,600 Northern Ireland had a greater GDP per capita than both North East England and Wales. Rural areas including the North West are particula ...
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Belfast City Hall
Belfast City Hall (; Ulster-Scots: ) is the civic building of Belfast City Council located in Donegall Square, Belfast, Northern Ireland. It faces North and effectively divides the commercial and business areas of the city centre. It is a Grade A listed building. History Belfast City Hall was commissioned to replace the Old Town Hall in Victoria Street. The catalyst for change came in 1888 when Belfast was awarded city status by Queen Victoria. This was in recognition of Belfast's rapid expansion and thriving linen, rope-making, shipbuilding and engineering industries. During this period Belfast briefly overtook Dublin as the most populous city in Ireland. It was in this context that in the late 19th century the new city leaders formed the view that the Victoria Street building was not imposing enough and decided to commission a new building: the site they selected was once the home of the White Linen Hall, an important international Linen Exchange. The street that runs fr ...
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Wales
Wales ( ) is a Countries of the United Kingdom, country that is part of the United Kingdom. It is bordered by the Irish Sea to the north and west, England to the England–Wales border, east, the Bristol Channel to the south, and the Celtic Sea to the south-west. , it had a population of 3.2 million. It has a total area of and over of Coastline of Wales, coastline. It is largely mountainous with its higher peaks in the north and central areas, including Snowdon (), its highest summit. The country lies within the Temperate climate, north temperate zone and has a changeable, Oceanic climate, maritime climate. Its capital and largest city is Cardiff. A distinct Culture of Wales, Welsh culture emerged among the Celtic Britons after the End of Roman rule in Britain, Roman withdrawal from Britain in the 5th century, and Wales was briefly united under Gruffudd ap Llywelyn in 1055. After over 200 years of war, the Conquest of Wales by Edward I, conquest of Wales by King Edward I o ...
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Good Friday Agreement
The Good Friday Agreement (GFA) or Belfast Agreement ( or ; or ) is a pair of agreements signed on 10 April (Good Friday) 1998 that ended most of the violence of the Troubles, an ethno-nationalist conflict in Northern Ireland since the late 1960s. It was a major development in the Northern Ireland peace process of the 1990s. It is made up of the Multi-Party Agreement between most of Northern Ireland's political parties, and the BritishIrish Agreement between the British and Irish governments. Northern Ireland's present devolved system of government is based on the agreement. Issues relating to sovereignty, governance, discrimination, military and paramilitary groups, justice and policing were central to the agreement. It restored self-government to Northern Ireland on the basis of " power sharing" and it included acceptance of the principle of consent, commitment to civil and political rights, cultural parity of esteem, police reform, paramilitary disarmament and e ...
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The Troubles
The Troubles () were an ethno-nationalist conflict in Northern Ireland that lasted for about 30 years from the late 1960s to 1998. Also known internationally as the Northern Ireland conflict, it began in the late 1960s and is usually deemed to have ended with the Good Friday Agreement of 1998. Although the Troubles mostly took place in Northern Ireland, at times violence spilled over into parts of the Republic of Ireland, England, and mainland Europe. Sometimes described as an Asymmetric warfare, asymmetric or Irregular warfare, irregular war or a low-intensity conflict, the Troubles were a political and nationalistic struggle fueled by historical events, with a strong Ethnic conflict, ethnic and sectarian dimension, fought over the Partition of Ireland, status of Northern Ireland. Unionism in Ireland, Unionists and Ulster loyalism, loyalists, who for Plantation of Ulster, historical reasons were mostly Ulster Protestants, wanted Northern Ireland to remain within the United Ki ...
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COVID-19 Pandemic
The COVID-19 pandemic (also known as the coronavirus pandemic and COVID pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an disease outbreak, outbreak of COVID-19 in Wuhan, China, in December 2019. Soon after, it spread to other areas of Asia, and COVID-19 pandemic by country and territory, then worldwide in early 2020. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern (PHEIC) on 30 January 2020, and assessed the outbreak as having become a pandemic on 11 March. COVID-19 symptoms range from asymptomatic to deadly, but most commonly include fever, sore throat, nocturnal cough, and fatigue. Transmission of COVID-19, Transmission of the virus is often airborne transmission, through airborne particles. Mutations have variants of SARS-CoV-2, produced many strains (variants) with varying degrees of infectivity and virulence. COVID-19 vaccines were developed rapidly and deplo ...
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Northern Ireland Protocol
The Protocol on Ireland/Northern Ireland, commonly abbreviated to the Northern Ireland Protocol (NIP), is a protocol to the Brexit withdrawal agreement that sets out Northern Ireland’s post-Brexit relationship with both the EU and Great Britain. The Withdrawal Agreement, including the Protocol, came into effect on 1 January 2021. Citing the island of Ireland's "unique circumstances," the Protocol governs unique arrangements on the island between the United Kingdom and the European Union; it regulates some aspects of trade in goods between Northern Ireland and the rest of the United Kingdom. The Protocol's arrangements, under which Northern Ireland but not the rest of the UK remains in the EU single market for goods, allow the maintenance of the open border between Northern Ireland and the Republic of Ireland. The establishment of the open border was a key aspect of the Northern Ireland Peace Process and Good Friday Agreement which ended the Northern Ireland Conflict. The ...
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Northern Ireland Assembly
The Northern Ireland Assembly (; ), often referred to by the metonym ''Stormont'', is the devolved unicameral legislature of Northern Ireland. It has power to legislate in a wide range of areas that are not explicitly reserved to the Parliament of the United Kingdom, and to appoint the Northern Ireland Executive. It sits at Parliament Buildings at Stormont in Belfast. The Assembly is a unicameral, democratically elected body comprising 90 members known as members of the Legislative Assembly (MLAs). Members are elected under the single transferable vote form of proportional representation (STV-PR). In turn, the Assembly selects most of the ministers of the Northern Ireland Executive using the principle of power-sharing under the D'Hondt method to ensure that Northern Ireland's largest voting blocs, British unionists and Irish nationalists, both participate in governing the region. The Assembly's standing orders allow for certain contentious motions to require a cross ...
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COVID-19
Coronavirus disease 2019 (COVID-19) is a contagious disease caused by the coronavirus SARS-CoV-2. In January 2020, the disease spread worldwide, resulting in the COVID-19 pandemic. The symptoms of COVID‑19 can vary but often include fever, fatigue, cough, breathing difficulties, anosmia, loss of smell, and ageusia, loss of taste. Symptoms may begin one to fourteen days incubation period, after exposure to the virus. At least a third of people who are infected asymptomatic, do not develop noticeable symptoms. Of those who develop symptoms noticeable enough to be classified as patients, most (81%) develop mild to moderate symptoms (up to mild pneumonia), while 14% develop severe symptoms (dyspnea, hypoxia (medical), hypoxia, or more than 50% lung involvement on imaging), and 5% develop critical symptoms (respiratory failure, shock (circulatory), shock, or organ dysfunction, multiorgan dysfunction). Older people have a higher risk of developing severe symptoms. Some complicati ...
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Brexit
Brexit (, a portmanteau of "Britain" and "Exit") was the Withdrawal from the European Union, withdrawal of the United Kingdom (UK) from the European Union (EU). Brexit officially took place at 23:00 GMT on 31 January 2020 (00:00 1 February 2020 Central European Time, CET). The UK, which joined the EU's precursors the European Communities (EC) on 1 January 1973, is the only member state to have withdrawn from the EU, although the territories of Greenland (part of the Kingdom of Denmark) previously left the EC in 1985 and Algeria (formerly French Algeria, part of France) left in 1976. Following Brexit, EU law and the Court of Justice of the European Union no longer have Primacy of European Union law, primacy over British laws but the UK remains legally bound by obligations in the various treaties it has with other countries around the world, including many with EU member states and indeed with the EU itself. The European Union (Withdrawal) Act 2018 retains relevant EU law as La ...
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Macroeconomy
Macroeconomics is a branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole. This includes regional, national, and global economies. Macroeconomists study topics such as output (economics), output/Gross domestic product, GDP (gross domestic product) and national income, unemployment (including Unemployment#Measurement, unemployment rates), price index, price indices and inflation, Consumption (economics), consumption, saving, investment (macroeconomics), investment, Energy economics, energy, international trade, and international finance. Macroeconomics and microeconomics are the two most general fields in economics. The focus of macroeconomics is often on a country (or larger entities like the whole world) and how its markets interact to produce large-scale phenomena that economists refer to as aggregate variables. In microeconomics the focus of analysis is often a single market, such as whether changes in supply or ...
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Unemployment
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is the proportion of people above a specified age (usually 15) not being in paid employment or self-employment but currently available for work during the reference period. Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed). Unemployment can have many sources, such as the following: * the status of the economy, which can be influenced by a recession * competition caused by globalization and international trade * new technologies and inventions * policies of the government * regulation and market * war, civil disorder, and natural disasters Unemployment and the status of the economy can be influenced by a country through, for example, fiscal policy. Furthermore, the monetary authority of a country, such as the central bank, can in ...
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