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Rents rise is slowing down

DUBLIN rental prices have rocketed again, but are showing some signs of a slow down for the first time in five years.

The cost of renting apartments and houses in Dublin city has increased by up to 16.6pc in the last year.

In the capital, rents are now almost 30pc above their lowest point in 2012 and less than 10pc below their 2007 peaks.

But the Daft.ie report points out that there was a small easing in Dublin inflation from 15.6pc to 14.5pc in the last quarter, which had a knock on effect on rents.

The average rent paid out in the capital stands at €1,375 a month.

Obama blames conflict on Putin

US President Barack Obama accused Russian President Vladimir Putin of not living up to a cease-fire agreement in Ukraine.

Obama spoke shortly after meeting European leaders to discuss the conflict and worsening security situation.

On the potential for increasing sanctions on Russia, Obama said the US and Europe are always looking at more penalties but "at this point the sanctions we have in place are biting plenty good."

Man pushed under subway

A man standing with his wife on a subway platform was pushed onto the tracks yesterday morning by another man and was struck and killed by an oncoming train, police said. The assailant fled.

Police said an unidentified man pushed 61-year-old Wai Kuen Kwok off the platform at a station in the Bronx, an act that appeared to be unprovoked. Kwok was struck by a southbound train at around 8.40am. There was no indication that Kwok knew the man or had had an altercation with him before he was pushed, police said.


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