Word: euros
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...Those were the events surrounding the Portuguese team after their Euro 2000 semifinal defeat at the hands of France. They gave us a graphic replay during their 0-1 loss to Korea at Inchon last week. After Argentine ref Angel Sanchez sent off forward Joao Pinto in the first half, he was set upon by Portuguese players, including their captain Fernando Couto. Sanchez says he was punched in the stomach by Pinto. The TV cameras missed it in the melee, but FIFA has its own more conclusive video of the incident...
...profits 13% last year. As once-fashionable tech companies like Logica stumble and telecoms like Marconi wallow, investors continue rediscovering the old companies that used technology as a tool rather than making it a business in itself. Mom and Dad would be proud. THE SINGLE CURRENCY Murdoch Says the Euro is a No No Just when Tony Blair thought it was safe to go back in the euro waters, one of the world's most powerful media moguls has attacked Britain's possible entry into the single European currency. In a rare interview with the Financial Times, Rupert Murdoch signaled...
Almost since the euro was born three years ago as Europe's common currency, analysts have been proclaiming that it was undervalued against the dollar. Despite the dot.com wreckage, a sagging stock market and the Sept. 11 terrorist attacks the dollar remained unexpectedly and even inexplicably strong. Now the euro's day may have finally arrived. Last week, the euro was trading 10% higher than in February and economists think it has room for further appreciation. But is the euro's new-found strength really good for Europe? Maybe not. Sure, inflation will be held in check and prices...
...what the U.S. Treasury Secretary suggests about the dollar matters a lot, because it affects all those things - trade, aid, the economy - that his trip with Bono to Africa is about. As the dollar hit five-month lows against the yen and slouched to around 92? to the euro, it became clear that O'Neill had abandoned the Clinton Administration's strong-dollar policy to let the markets rule. A strong dollar makes it cheaper for America to buy imports and expensive for others to buy American goods, which is why U.S. manufacturers have lobbied for months to weaken...
...class of this group is clearly Portugal?a side ready to retake its place at the top of the game. As midfielder Luis Figo points out, the core of the team has played together since their under-19 days. And following Portugal's controversial exit against France in Euro 2000, they are aching to prove they are as good as the French. Portugal has a case. The midfield tandem of scary-fast Figo and cunning Rui Costa is as powerful a combo as any in the game. Although perfectly able to score themselves, each can also dish with pleasure...