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18th Nov 2022
Your speedy summary of today's must-read stories.
Permanent TSB to increase fixed mortgage and deposit rates
From today, Permanent TSB is set to raise interest rates including fixed term mortgage interest rates and deposit rates. This follows three interest rate increases from the European Central Bank, and the bank has confirmed that there are to be no changes for customers on existing fixed rates , and no changes to its variable rates for new or existing customers.
Mortgage payments up for first time buyers
Research from Banking & Payments Federation Ireland shows that average mortgage repayments rose by €110 a month for first-time buyers and €150 for movers. Monthly mortgage repayments rose by 12 per cent in the two years to the end of June, before the European Central Bank started to hike official rates.
Prosecution rests case in Harvey Weinstein trial
Prosecutors in Los Angeles have rested their case in the trial of Harvey Weinstein, who they allege raped two women and sexually assaulted two others. The trial has spanned four weeks, and heard testimony from 44 witnesses. Weinstein is charged with crimes against four of them: one a model, another a model and actor, and a third a massage therapist.
Trans healthcare
Clinicians with the National Gender Service (NGS) have told TDs and Senators that more funding and resources are needed for healthcare services for transgender people in Ireland at a briefing organised by Fine Gael TD Charlie Flanagan and Independent Senator Michael McDowell, and comes amid concerns over the proposed closure of the Tavistock clinic in the UK, which provided gender dysphoria services to children and teenagers in Ireland due to a lack of dedicated services here.
Russian missile strikes
According to Ukrainian president Volodymyr Zelenskiy, recent Russian missile strikes have left 10 million Ukrainians without power, crippling the country’s energy infrastructure and plunging millions into darkness as winter sets in and temperatures drop. Repeated barrages have disrupted electricity and water supplies across Ukraine, AFP reports.