An Ireland bailout is possible after government bonds tumbled in recent weeks. The country is under pressure to accept a $100 billion bailout that could prove a bitter pill for the former 'Celtic Tiger.'
Many in Ireland are stunned that the once high-flying 'Celtic Tiger' is now just another battered economy – and by fresh revelations of coverups of sexual abuse of children in the Roman Catholic church as Pope Benedict XVI apologized directly to Irish abuse victims.
Ireland, amid fast cultural change, is set to approve civil unions for same sex couples.
Closing a corporate tax loophole could yield $60 billion for the US, but it threatens to undermine an already weak Irish economy.