Europe ride high on a tide of emotion
Amid scenes of high emotion, Europe defeated the US 181/2-91/2 yesterday for an unprecedented three Ryder Cup victories in a row to spark one of the biggest parties Ireland has known.
The atmosphere around the Palmer course in County Kildare was wet and heavy, but that failed to dampen the spirit of 45,000 fans who chanted and cheered throughout a long day during which the US never threatened.
It was the first time Europe had won every one of the five sessions. The two fourballs and foursomes at the K Club were all won 21/2-11/2 to give a 10-6 lead going into the singles which Europe won 81/2-31/2 for a final result that was the same as two years ago at Oakland Hills.
More : theherald.co.uk
Related Travel Information
Europe Is Falling Behind
Complaining about globalization is as pointless as trying to turn back the tide. Asian competition can't be shut out; it can only be beaten. And now, by every relative measure of a modern economy, Europe is lagging.
It was Canute, one of the first English kings, who is said to have demonstrated the limits of his powers by showing that the tide would not obey his orders. Hearing some of the debates on globalization, I sometimes feel Canute needs to get his feet wet again.
Complaining about globalization is as pointless as trying to turn back the tide. There
Teamwork and tears as Europe celebrates
Darren Clarke provided the emotion, Colin Montgomerie the leadership and Sergio Garcia the inspirational golf as the Europeans handed the Americans another lopsided Ryder Cup beating.
Ian Woosnams players scored a 18½-9½ triumph on Sunday to make it three victories in a row and five of the last six.
If it wasnt for a very difficult Sunday at Brookline, wed have been six out of six, Montgomerie said. So thats fairly dominant.
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Gold ends firm in Europe after China, dollar moves
Gold-bugs had a rocky ride in Europe on Thursday, with the market swinging wildly lower when China raised interest rates only for fresh dollar woes to ignite a smart rally, traders said.
It has been hectic and volatile -- after it sold off on the China (rate) increase it did not take much to move it back up when the dollar tumbled, a trader said.
The U.S. currency slid to fresh seven-month lows against the euro of $1.2547 after Federal Reserve Chief Ben Bernanke hinted at a U.S. rate hike pause.
Spot gold rallied strongly
Europes Stoxx 600 Index Approaches 5-Year High on M&A, Growth
European stocks rose, with the Dow Jones Stoxx 600 Index approaching a five-year high, on speculation takeovers will increase and the U.S. economy will fuel earnings growth.
Endesa SA paced a rally by power producers after E.ON AG boosted its bid for the company to $47.1 billion and Actividades de Construccion & Servicios SA paid $2.7 billion for a stake in Iberdrola SA. BHP Billiton and Nokia Oyj led exporters higher.
The Stoxx 600 climbed 0.6 percent to 341.41 at 1:14 p.m. in London, 2.4 points from a five-year high reached
Europe's Stoxx 600 Nears 4-Year High; BHP, Tate & Lyle Advance
Nov. 25 (Bloomberg) -- European stocks gained, sending the Dow Jones Stoxx 600 Index near a four-year high. BHP Billiton and Anglo American Plc advanced amid rising gold and copper prices.
``Favorable commodities and metals prices are having a strong impact on mining companies,'' said Colin McLean, managing director of SVM Asset Management in Edinburgh with $1.9 billion, about 3 percent of which is in mining stocks. ``Metals prices will remain high so I think this is part of a much longer upwards cycle.''
Tate & Lyle Plc led gains
