Irelands Credit Rating Downgraded

Ireland has had its credit downgraded two levels by Fitch Ratings, which cited a widening budget deficit and the rising cost of bank-rescue measures.
The rating was reduced to AA- from AA+ with a “stable” outlook, the company
said today in a statement.
Fitch cut the grade from the highest AAA level in April. The downgrade puts
the [...]

Brickie attends his own funeral in Parana, Brazil

I have to say I think the story of the Brazilian bricklayer has to be the big cheer me up this week. Following a car crash last Sunday the relatives of Ademir Jorge Goncalves, 59, identified him as the deceased victim.
The custom in Brazil, is that the funeral is held the day after death, which [...]

The Square Shopping Centre, Tallaght – to double in size with 800 houses and apartments!

Are they keeping the banks happy by submitting a planning application or do they know something about the retail market that the rest of us don’t?
The owners and developers of The Square Shopping Centre together with investors have vowed to almost double the size of the existing shopping centre with a €250 million capital investment.
It [...]

Consumer confidence is up

Reports today that consumer confidence has hit a 18 month high is welcome news for the Irish economy. Amongst the doom and gloom and chit chat about the sinking of the Ireland deeper than the Titanic (12,000 feet below sea level) this is a real sign of recovery in the economy.
You just have to look [...]