On Friday 8th March, Irish voters are being asked to vote on the proposed 39th and 40th amendments to the Irish constitution.
https://en.m.wikipedia.org/wiki/March_2024_Irish_constitutional_referendums
These amendments are widely considered to be progressive rather than conservative.
The bills setting up this referendum have been passed by the Dail and Seanad (the equivalent to the lower and upper houses) and the Taoiseach supports them meaning that the referendum is the final step in passing the amendments other than some formalities.
The 40th amendment modifies section 41 of the constitution. It would remove this section:
In particular, the State recognises that by her life within the home, woman gives to the State a support without which the common good cannot be achieved.
The State shall, therefore, endeavour to ensure that mothers shall not be obliged by economic necessity to engage in labour to the neglect of their duties in the home.
And add in the following:
The State recognises that the provision of care, by members of a family to one another by reason of the bonds that exist among them, gives to Society a support without which the common good cannot be achieved, and shall strive to support such provision.
Once the results of the referendum has been returned, this market will resolve to YES if a simple majority of voters vote yes to the 40th amendment.
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🏅 Top traders
# | Name | Total profit |
---|---|---|
1 | Ṁ2,573 | |
2 | Ṁ401 | |
3 | Ṁ62 | |
4 | Ṁ12 | |
5 | Ṁ0 |
We were very, very wrong about this referedum.
The market was trading at roughly 99% at one point, but in the end the result was:
26% Yes
74% No
https://en.wikipedia.org/wiki/March_2024_Irish_constitutional_referendums
That's an absolute landslide in the other direction to where traders on this market thought the vote was going!
Polls have closed and vote counting is under way…
It’s a surprise to read this when the market here was at over 98%!