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BY Bruce Young | European PGA Tour | 2012 Qatar Masters | Wrap | 06 Feb 2012

Jason Day

Day followed his missed cut in Abu Dhabi with a great week in Qatar suggesting he is heading for another great season on the PGA Tour.

(Photo: Bruce Young)

Thirteen years after his emphatic eight shot win at the 1999 Qatar Masters, Paul Lawrie has won the 2012 version by four shots over Australian Jason Day and Sweden’s Peter Hanson.

With the event shortened to 54 holes as a result of the blustery winds that swept across the Doha Golf Club’s layout earlier in the week, today’s final round turned into a sprint to the finish line.

Lawrie was a one shot leader as the event headed into its third and final round and an early birdie extended his lead.

Two groups ahead however Day was on a roll. Birdies at his opening four holes allowed the 24 year old to close within one of the leader although bogeys at the 6th and 9th would see him make the turn three behind.

Then came another birdie rush for Day when he birdied the 10th, 11th, 12th and 13th and he was again within one.

Lawrie though would have something of his won left in the tank. He eagled the 9th then birdied the 11th, 14th, 16th and 17th and had the luxury of a four shot lead playing the par five last. A par there was good enough to secure the four shot win and the €316,000 first prize.

“You get a little bit older and you kind of lose focus but I actually feel the opposite,” Lawrie said. “I feel I’m getting better. I feel my ball striking has improved immensely since I turned 40. So it’s great to win.”

Day and Hanson each earned €164,000 for their second place finishes, Hanson’s strong finish of four under in his last five holes making a huge difference to his payday.

Day bounced back from a missed cut in Abu Dhabi Golf Championship last week indicating that effort was but an aberration in what is a rapidly building career amongst the elite of the game.

“I played great golf coming in. I just didn’t putt that great,” Day said. “I saw the leaderboard on 16 and I knew I had to birdie the last few holes. I just kind of ran out of steam there for a little.”

Lawrie has suffered a penalty during his second round when he dropped a ball on his coin and even though there was no real evidence of the coin moving he was obliged to take a one shot penalty. He was philosophical about the penalty.

“Well, there’s so many of them, it’s impossible to get the rules perfect. There are so many rules, but it’s one of those, I’m not getting an advantage even if the coin moved. I’m not trying to drop the ball on the coin. I’m not trying to do it. It’s just an accident.

“It’s like Poulter in Dubai last year, same thing. It’s just one of those many rules that could do with changing a little bit. I can’t see a player purposely throwing a ball on a coin to knock it closer to the hole. But it happens. So not much you can do."

Five months after his victory in 1999 Lawrie would go on to win the Open Championship at Carnoustie.

Given the way he is playing at present, another great week at Royal Lytham & St Annes is not beyond him.

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Lawrie wins, Day second in Qatar

SAO PAULO, Brazil — It just made sense to be in South America’s economic heart, Jonathan Rosenthal reasoned, no matter that he had been working on Wall Street with some of the investment world’s most heady firms.

The fact was, the United States was in a sustained slump and Europe was tanking, but there were promising opportunities in Brazil. So like a growing number of young, highly educated professionals, Rosenthal made the leap to Brazil’s Wall Street, Faria Lima Avenue, to start a hedge fund that has ridden the country’s economic boom.

With an economy that recently surpassed Britain’s to become the world’s sixth largest, Brazil is offering a sunny and often lucrative alternative to the downcast prospects in the United States and Europe. In a sort of reverse brain drain, foreigners are flocking to Brazil.

The number of foreigners residing in Brazil reached nearly 1.5 million last year, up from 961,000 in 2010, said Paulo Abrao, the government’s highest-ranking immigration official. Work authorizations shot up 32 percent in the first nine months of 2011 compared with the corresponding period in 2010. Americans have led the way, with 7,550 receiving work permits in 2010. In addition, 2 million Brazilians who had been living overseas have returned home since 2005.

“While there is crisis in other countries, we have this phenomenon developing here,” Abrao said. “Employment levels are high, and countries that normally were the destination for Brazilians, like Portugal, the United States and Spain, are now sending people to Brazil.”

Those arriving here clearly have an adventurous streak. But they also made their decision based on pragmatic considerations: Brazil is an emerging economic power whose economy has grown by 4.4 percent a year since 2004. It has also received about $200 billion in foreign direct investment in the past six years.

And despite the formidable red tape for foreign workers, this country of 194 million has an increasingly diverse economy with room for those in finance, engineering, Web design, petro-engineering and other highly technical professions.

“When you’re talking about skilled labor, there’s a huge lack of supply, so as a result if you have the courage to come down to Brazil, or you have the language skills, or you’re Brazilian American, it’s a no-brainer to come down here,” said Rosenthal, 31, who runs Newfoundland Capital Management with a Brazilian partner.

In New York, Rosenthal had a golden career. At 22 he joined Morgan Stanley, and he later worked for one of Julian Robertson’s Tiger Cub funds. But the culture of New York’s financial world can be stiff and closed, Rosenthal said, and he was attracted by the investment possibilities in Brazil and neighboring countries.

Here, Rosenthal said he runs into the executives of big firms at the gym, and he is a cab ride away from 80 percent of the firms on the Sao Paulo exchange. “Those interactions are priceless,” he said. “You don’t get that in New York.”

And then there is the music, the spicy cuisine of northeastern Brazil and the ingenious soccer of the nearby team in Santos, which has had to replace Rosenthal’s beloved New York Jets.

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Expats lured by Brazil’s booming economy

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