• Ireland's decision to seek a financial rescue package from the European Union and the IMF has sparked a political firestorm that could force the resignation of Taoiseach Brian Cowen
• Cowen is meeting with government ministers tonight to discuss the crisis (see 5.33pm)
• The Irish Green party, the junior partner in Cowen's government, have demanded a general election in January, making a vote inevitable (see 11.57am)
• Two independent members of the Irish parliament have said they will not support the budget due to be presented in December 7 (see 2.32pm and 3.10pm)
• George Osborne has said Britain will support its "friend in need", possibly with a bilateral loan. (see 4.17pm to 5.23pm) Some MPs are opposed to bailing out the euro, but it appears the UK's support will be approved if needed
• The cost of insuring Irish, Portugese, Spanish and Greek government debt rose amid the tension, as City investors anticipated a new phase of the financial crisis (see 3.35pm)
http://www.guardian.co.uk/business/2010/nov/22/ireland-imf-eu-bailout