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Dublin: 3 °C Monday 18 December, 2017

#Oh No!

# oh-no - Wednesday 15 November, 2017

Ben Affleck joked about sexual assault in Hollywood and his Justice League castmates were morto

# oh-no - Sunday 15 October, 2017

From The42 Worry for Martin O'Neill as Shane Duffy limps off injured for Brighton Injury

Worry for Martin O'Neill as Shane Duffy limps off injured for Brighton

Duffy was brought off with a groin injury during Brighton’s 1-1 draw with Everton on Sunday.

# oh-no - Saturday 12 August, 2017

# oh-no - Tuesday 6 June, 2017

Everyone is taking the piss out of this Irish-American's angry comment on what it means to be Irish

“It seems you’ve forgotten true Irish pride.”

# oh-no - Sunday 22 January, 2017

# oh-no - Friday 20 January, 2017

# oh-no - Sunday 15 January, 2017

There's a very gas but very unfortunate typo in the Derry Journal

# oh-no - Friday 9 September, 2016

People have been sharing the most mortifying 'reply all' emails they have ever seen

# oh-no - Friday 20 May, 2016

From TheJournal.ie Yep, people are still pretty terrible at choosing passwords

Yep, people are still pretty terrible at choosing passwords

You would think that people would know not to use ’123456′ as a password.

# oh-no - Sunday 15 May, 2016

From TheJournal.ie Here's how to combat the Sunday night fear that's been creeping up on you this evening Goodbye Weekend

Here's how to combat the Sunday night fear that's been creeping up on you this evening

73% of Irish people have experienced it.

# oh-no - Saturday 7 May, 2016

# oh-no - Tuesday 12 April, 2016

'David Is Dead' meme t-shirts have been axed following David Gest's death

'David Is Dead' meme t-shirts have been axed following David Gest's death

Reality star David Gest passed away earlier today.

# oh-no - Wednesday 23 March, 2016

This woman's Twitter story about taking a poo in her date's house is absolutely mortifying

# oh-no - Thursday 10 March, 2016

# oh-no - Saturday 26 September, 2015

# oh-no - Friday 17 July, 2015

This guy has been drinking tea wrong his whole life -- like, REALLY wrong

# oh-no - Monday 23 February, 2015

# oh-no - Wednesday 4 February, 2015

The 12 most hilarious CVs in the history of jobseeking

The 12 most hilarious CVs in the history of jobseeking

It’s safe to say that these people did not get the job.

# oh-no - Thursday 15 January, 2015

From The42 He's trying his best: Pochettino defends Roberto Soldado's unforgivable miss Sitter

# oh-no - Wednesday 22 October, 2014

# oh-no - Friday 17 October, 2014

From TheJournal.ie Cruise ship heading home with Ebola scare passenger in isolation

Cruise ship heading home with Ebola scare passenger in isolation

The woman is said to have no symptoms and to be at low risk to the guests and crew.

# oh-no - Friday 3 October, 2014

# oh-no - Sunday 28 September, 2014

From The42 Oh no! Benjamin Fall might have a terminal case of white line fever Butter Fingers

Oh no! Benjamin Fall might have a terminal case of white line fever

The Montpellier winger butchered a try scoring opportunity against Toulon yesterday.

# oh-no - Wednesday 3 September, 2014

This cat's sudden realisation that he's a cat is just heartbreaking

And by heartbreaking, we mean hilarious.

# oh-no - Thursday 21 August, 2014

This dog may have gotten in the way of a Google Street View car...

The images were captured and uploaded onto Google Street View in Chile.

From TheJournal.ie This dog may have gotten in the way of a Google Street View car... Oh No!

This dog may have gotten in the way of a Google Street View car...

The images were captured and uploaded onto Google Street View in Chile.

# oh-no - Friday 24 January, 2014

# oh-no - Friday 17 January, 2014

Jonah Hill tells tragic tale of getting the blame for someone else's smell

It could have been love, were it not for the horrific smell in the jacks.

# oh-no - Saturday 7 December, 2013

From Business ETC Don’t panic: How to undo a sent email in Gmail Eeeek

Don’t panic: How to undo a sent email in Gmail

You’ll have to be quick though.

# oh-no - Friday 13 September, 2013

7 sentences that strike the fear of God into you

7 sentences that strike the fear of God into you

No, please. Don’t.

# oh-no - Tuesday 3 September, 2013

10 horrible realisations that strike fear in your daily life

Oh no. There’s no toilet paper…

# oh-no - Monday 26 August, 2013

From TheJournal.ie Peats ‘World of Electronics’ shuts its doors Oh No!

Peats ‘World of Electronics’ shuts its doors

Twenty-two staff members will be made redundant, the family owners announced today.

# oh-no - Sunday 4 August, 2013

11 everyday decisions that drive you bonkers

Life is needlessly complicated.

# oh-no - Monday 3 June, 2013

14 bitter truths that will ruin your childhood memories

14 bitter truths that will ruin your childhood memories

Apologies in advance.

# oh-no - Monday 22 April, 2013

The 7 most disappointing moments in life

From least to most disappointing.

# oh-no - Wednesday 20 March, 2013

How battle-scarred is your phone?

Take the phone-drop test to find out…

# oh-no - Thursday 27 January, 2011

From TheJournal.ie British soldier proposes in call from Afghanistan...to the wrong woman Oh No! This post contains videos

British soldier proposes in call from Afghanistan...to the wrong woman

Now the whole world is desperately seeking Samantha and her lovestruck soldier boyfriend.

# oh-no - Thursday 14 October, 2010

From TheJournal.ie €4bn budget cuts mean €2bn drop in economic growth - IMF We Can't Win

€4bn budget cuts mean €2bn drop in economic growth - IMF

Damned if we do, and damned if we don’t. We can’t afford to borrow, but cutting spending means double-dip…

# oh-no - Wednesday 25 August, 2010

THE NATIONAL TREASURY MANAGEMENT AGENCY – the body which manages Ireland’s borrowing requirements, and its national debt – has criticised the decision of ratings agency Standard & Poor’s to downgrade Ireland’s debt rating.

The decision from S&P to downgrade the ratings – down to AA- from a previous rating of AA – means that Irish debt is seen as a riskier investment, and will likely see the NTMA required to increase it pays to investors who buy Irish debt.

NTMA chief John Corrigan told RTÉ that S&P’s analysis was based on an “extreme estimate” that the final cost of the government’s bank recapitalisation programme would reach €50 billion.

“We have taken issue with the rating agency,” he said. “It’s something we don’t like to do but there comes a point when the analysis is not robust.”

Last night, as news of the downgrade broke, the NTMA issued a statement with a similar conclusion, describing the approach as “flawed“.

What does it mean?

But why is the NTMA so annoyed – and how important is it that our rating has been downgraded?

Well, basically Ireland’s national rating is similar to the credit rating a person might get. If you’re good at making loan repayments or have a lot of money in the bank, you’ll get a good rating. If you struggle to repay your debts and don’t have much assets, you’ll get a lower rating and it therefore becomes tougher for you to to borrow.

As the name might suggest, an ‘AAA’ (or “triple A”) rating is the best one the agency can offer, with progressively fewer As – and the occasional plus or minus – being given to lower rankings.

Ireland’s new score of AA- isn’t exactly top of the class, but it’s still definitely in the upper reaches of the scores S&P assigns. We’re still very far away from being called ‘junk’. In fact, we could slip to a single A or even to BB before we’re given that ignominious title.

The only difference is that unlike the Moody’s downgrade last month, which brought its rating in line with those of S&P and the other main ratings agency Fitch, this change brings Ireland’s average another step downward.

We won’t find out for some time how the downgrade will affect us, however – the NTMA’s next bond auction isn’t until September 21, and the agency has already raised 99% of Ireland’s fundraising target for the year with three auctions still to go.

It will also be interesting to see whether the other agencies follow suit, with the S&P rating based on an arguably inflated estimate of how much the bank bailout will ultimately cost. Other ratings may be a little more conservative than S&P’s €50bn projection.

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