14 Jan
2020

ADB Report Explores Africa’s Delayed Growth

first_imgThe 2015 African Economic Outlook report a flagship publication of the African Development Bank (AfDB), says that while African economists are optimistic that the continent’s economies would grow by 5% in 2016, they are also concerned that lower oil and commodity prices, uncertain global conditions, the consequences of the Ebola outbreak in West Africa and domestic political uncertainties in some countries could delay growth dated back to 2008.The report was released yesterday to African heads of states, AfDB’s Board of Governors and stakeholders who converged in Abidjan, Cote d’Ivoire for the AfDB 50th Annual Meetings. Although the report indicates that human development levels in Africa have increased since 2000, with 17 out of 52 countries reaching middle or high levels of development, the region’s poverty rates remain stubbornly high while progress in health, education and income are uneven.“Huge inequalities persist between and within countries, and between women and men. In many areas, low productivity and investment, the absence of infrastructure and rural-urban networks and too few jobs outside of the agricultural sector are holding back economic and development progress,” the report notes. Foreign direct investment (FDI) is forecast to reach USD 73.5 billion in 2015, underpinned by increasing Greenfield investment from China – which remains Africa’s largest trade partner after the European Union. The report also shows an increase in intra-African and outward FDI flows. South African companies are the leading investors on the continent. “African countries have shown considerable resilience in the face of global economic adversity. For future growth to be sustainable and transformative will require that its benefits are shared more equitably among the population and that governments continue to pursue policies that promote economic stability,” stated Steve Kayizzi-Mugerwa, Acting Chief Economist and Vice-President of the African Development Bank. Opposite Sides of ‘Growth’According to the report, the continent’s demographic boom is exacerbating these challenges. By 2050, both cities and rural communities in Africa will see their population grow drastically, with the countryside gaining an estimated 400 million people. For instance, the report states that over the next 15 years, 370 million youth will enter sub-Saharan Africa’s labour markets, making it necessary to create many more jobs and opportunities for savings and investment. In addition, that population growth, combined with climate change, will exert increasing pressure on natural resources, such as food, water and land. At Liberia’s level regarding city population growth, over 1 million people are concentrated in Monrovia while thousands are in smaller cities including Gbarnga, Ganta, Kakata and Buchanan.The report argues that past efforts to promote regional development through territorial management, infrastructure development and decentralization have been scattered and had limited impact. As a result, the potential of Africa’s regions, which includes river basins, border areas and key rural-urban corridors, remains unfulfilled.“African economies could benefit from mobilizing the wide and extraordinary untapped potential of their diverse regions. Putting people and places at the centre of policy-making may improve Africa’s competitiveness and the well-being of Africans” said Mario Pezzini, Director of the OECD Development Centre. Ways ForwardSuggesting ways forward, the African economic experts say transforming economies will require exploring more productive sectors, through promoting manufacturing, developing services, creating strategies for green growth or modernizing the agricultural sector.In addition, tackling spatial inequalities would require implementing policies that cut across sectors. These include diversifying rural economies and linking them with cities, through the promotion of value chains and trade corridors. They also include unlocking domestic financing, developing transport and communication and investing in basic social services. “Inclusive and sustainable growth is a fundamental aspect of Africa’s post-2015 development agenda for economic and social transformation,” said Abdoulaye Mar Dieye, the Director of the Regional Bureau at the United Nations Development Programme (UNDP). “We need to invest in building economic opportunities, including at the local level. And especially those young women and men who are the architects of tomorrow’s Africa.”The report calls for strengthening skills and education, addressing exclusion through the development of targeted social protection measures, and promoting universal access to sustainable energy and technology. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

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21 Dec
2019

Blues at fault for Adam goal – Mourinho

first_imgJose Mourinho described Charlie Adam’s goal against Chelsea as “fantastic” but felt his team were at fault for the Stoke midfielder’s equaliser.Stoke counter-attacked after Chelsea’s Eden Hazard went down near the edge of the penalty area and Adam, having spotted keeper Thibaut Courtois off his line, scored with a sensational left-footed strike from inside his own half.But Blues boss Mourinho, whose team hit back to win 2-1, said their basic errors were also a factor.He said: “It was a clear foul on Hazard but we cannot stop and wait for the referee to give it – we have to press the ball. The goalkeeper also has to anticipate, so we made a mistake.“The basic rule for us is that when we lose possession we have to immediately react and adapt our position.“We have to press the ball and press players who are going to receive the ball, but I think our reaction was to wait for the referee, so we didn’t react well in that situation.”Loic Remy restored Chelsea’s lead with a simple tap in – his seventh goal of the season – and is set to continue leading the line after Diego Costa suffered a recurrence of a hamstring problem.Mourinho said: “We have three strikers and decided since the beginning of the season to go with Diego, but we know Didier Drogba and Remy are there for us and work hard.“It is fantastic for Remy to have played in the last two matches, to score winning goals and win very important points for us.”Follow West London Sport on TwitterFind us on Facebooklast_img read more

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20 Dec
2019

Photos | Exploring the California super bloom on Table Mountain

first_imgCHICO — A visit to Table Mountain during the months of spring rain is the best time to find fresh wildflowers before summer heat sets in. With the promise of a super bloom this year thanks to several extremely heavy storms, I was very hopeful about this spring’s potential for flowers up on the meadows and along the flowing creek, and took an afternoon drive to the mountain before the rain clouds returned.Driving from Chico to Durham-Pentz Road and Cherokee Road up to North Table Mountain …last_img

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17 Dec
2019

Use plot data to make sound decisions

first_imgShare Facebook Twitter Google + LinkedIn Pinterest As harvest progresses across the Eastern Corn Belt, seed companies, universities, and growers will have the chance to compile and analyze data from yield testing. One of the most important decisions a farmer will face all year is deciding what variety to plant and in which field to plant it. To ensure that the best possible decision is made next spring, it is important to spend some time looking at yield data. While reviewing data is critical, knowing how to determine whether it is accurate and useful is equally important. Below are some tips for using data to make sound planting decisions next spring.Look for replicated dataDon’t rely on yield results from one strip plot on a farm or from a single plot location. Look for data from randomized tests that are repeated multiple times and across multiple locations. Replications in testing increase the reliability of the data and helps to remove variables that can skew results.For strip plot data, was a “tester” used?Strip plots planted on farms can cover large areas of a field. In many fields in the Eastern Corn Belt there are several soil types. If a plot crosses several soil types how can you be sure it is accurate? By planting a “tester” variety at regular intervals within the plot, you can calculate adjusted yields based on the variability of the tester yield across the plot. The use of a tester minimizes the effect soil type variability has on the plot results to ensure more accurate data.Look for consistencyAccording to Bob Nielsen, Purdue Extension Agronomist, “Documented consistency in yield performance is still the key to success in selecting hybrids that will perform well in your farming operation.” When choosing a variety based on plot data, it is important to look for consistent performance—across several plot locations and between multiple years. Choose varieties that consistently performed well in 2016 and 2017, in multiple locations, and different growing conditions.Statistical significanceOn published data look for foot notes that indicate the least statistically significant yield difference, or LSD. In many plots, the performance of the top 5 or 10 varieties may not be statistically different. Although there are small differences in yield, statistical analysis of the data indicates that all varieties within the LSD have an equal chance of winning the plot.While plot data can be very useful in making decisions, some plot data is significantly more accurate and reliable. The key to getting the most out of yield data is having the ability to sort through the large amounts of information to identify the data that most accurately and reliably represents varietal performance.last_img read more

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27 Nov
2019

Tiger Woods shoots 73, 5 over for 36 holes, misses cut at PGA

first_imgTiger Woods reacts as he walks off the 7th green during the second round of the PGA Championship golf tournament, Friday, May 17, 2019, at Bethpage Black in Farmingdale, N.Y. (AP Photo/Julio Cortez)FARMINGDALE, N.Y. — Tiger Woods gave a hop with his left leg and prepared to pump his fist as his birdie putt rolled toward the 17th hole in the PGA Championship on Friday.Then the ball kept on rolling.ADVERTISEMENT “It’s a nice problem to have,” Woods said. “I’ve enjoyed being the Masters champion again, and the PGA was a quick turnaround, and unfortunately I just didn’t play well. As I said, I didn’t do all the little things I need to do correctly to post good scores and put myself in position to shoot good scores.”Asked if he might have benefited from playing more between the majors, Woods alluded to an illness that kept him from competing.“Just don’t feel well and just not able to do it,” he said. “Thought resting would be better, so I would have energy to play.”But he needed more than energy to make it to the weekend on the punishing par-70, 7,459-yard course. After shooting a 72 in the opening round — already nine strokes off the lead — he hit just three fairways on Friday, his fewest at a PGA since the final round in 2010.It started on his very first hole, when he sent his drive into the gallery far to the left of the fairway, causing fans to part and clear a path for his approach to the green. He went into the greenside bunker but got up-and-down from about 5 feet to save par.ADVERTISEMENT Down came his leg. A groan rose from the crowd. And Woods was all but done for the week.The Masters champion shot a 3-over 73 at Bethpage Black in the second round to finish at 5 over for 36 holes and miss the cut by one stroke. It’s the first time Woods has missed the cut at a major in the same year he won a major since 2006.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesSPORTSSingapore latest to raise issue on SEA Games food, logistics“You know,” he told reporters afterward, “I’m the Masters champion and 43 years old and that’s a pretty good accomplishment.” PH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss Duterte wants probe of SEA Games mess Catholic schools seek legislated pay hike, too DA eyes importing ‘galunggong’ anew Warriors remain optimistic Kevin Durant will return in postseason He wasn’t so lucky on the second, when he went into the rough on the right and took the safe way out by chipping onto the fairway. The bogey put him at 3 over and flirting with the cut line for the first time.He found some safety with an 18-foot putt for birdie on the sixth hole, then gave it right back with a three-putt from 6 feet on the seventh. A birdie on No. 9 — thanks to a 39-foot putt — gave him another chance to make the weekend. Ethel Booba twits Mocha over 2 toilets in one cubicle at SEA Games venue Private companies step in to help SEA Games hosting Then came three straight bogeys to start the back nine, followed by a birdie that left him at 4 over. The projected cut line moved to 4 over while he was standing on the 14th green, but he missed a 12-foot par putt and fell to 5 under, then failed to make up any ground on the way in.After putting out on No. 18, he shook hands with playing partner Brooks Koepka, who was 5 under on Friday and 12 under for 36 holes. The defending champion will take a seven-stroke lead into the weekend as he tries to win his fourth major in two years, but the fans below chanted “Tiger!” as the players walked across the bridge to the clubhouse.Those with tickets to the third and fourth round won’t get a chance to cheer for him.Woods will try again for his 16th major victory at the U.S. Open at Pebble Beach in June. The British Open is a month later at Royal Portrush.He turns 44 in December.“There’s no reason why I can’t get up to speed again and crank it back up,” Woods said. “I’ve got to start feeling a little bit better first before that happens. We’ll do that first and then start cranking it back up again.” Sports Related Videospowered by AdSparcRead Next ‘Rebel attack’ no cause for concern-PNP, AFP Two-day strike in Bicol fails to cripple transport MOST READ Woods said he had not been feeling well since winning at Augusta National last month — his 15th major tournament victory, but his first since 2008. So he decided to rest to get ready for the PGA, which moved up on the calendar to May this year for the first time since 1949. LATEST STORIES View comments Don’t miss out on the latest news and information. Cayetano: Senate, Drilon to be blamed for SEA Games messlast_img read more

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7 Nov
2019

Victorian Women’s Team To Play In Storm Half-Time Exhibition

first_imgThe Victorian Women’s Open team will take to the field at AAMI Park in Melbourne on Monday night to play an exhibition match during the half-time break of the Melbourne Storm versus Cronulla Sharks NRL game.The half-time game is part of the Touch Football Victoria (TFV) Women in Sport program and will be a great way to showcase the talent of the 2012 Victorian National Touch League (NTL) Women’s Open team in front of thousands of Rugby League fans. The top grassroots players from the local Fawkner Park competition will take on the Victorian Women’s Open team in the match, while Victoria’s first Australian Open representative, Leah Percy, will be interviewed and highlights of her performance at the 2012 Trans Tasman Series will also be played on the big screen. Stay tuned to www.austouch.com.au to find out how the game on Monday night went. For more information about Monday’s game, please visit www.victouch.com.au. Related LinksStorm Exhibition Gamelast_img read more

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28 Oct
2019

a month agoWatford keeper Foster admits ‘shock, embarrassment’ after Man City thrashing

first_imgWatford keeper Foster admits ‘shock, embarrassment’ after Man City thrashingby Paul Vegasa month agoSend to a friendShare the loveWatford goalkeeper Ben Foster admits Manchester City are the best team he’s faced after conceding eight goals yesterday.Speaking after the match, Foster conceded his side were far from their best, but said at times he could only stand and admire the way City were playing during the thrashing.”It’s probably a bit of shock, embarrassment,” said the goalkeeper when asked to describe his emotions.”I think we let ourselves down today and the fans a bit. The fans were giving it everything, all they’ve got, unfortunately we on the pitch didn’t give it all we have got.”As a keeper coming to City and Liverpool, if you let five in in 20 minutes you fear the worst, you think cricket scores. They are without doubt the best team I have ever played against. We were poor, didn’t lay a glove on them but at times it was breathtaking watching them.”You come away to City and I’m not joking, you come here and think if you keep it to two or three – they are so good. Them and Liverpool are a different level.” About the authorPaul VegasShare the loveHave your saylast_img read more

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17 Oct
2019

Issues with Toronto subway raise questions about citys position as major hub

first_imgTORONTO – A combination of emergencies on board a train, signal malfunctions and a cracked rail brought much of Toronto’s subway system to a halt last week, raising questions about the city’s readiness to become a major business, sports and entertainment centre in North America.Even without the frequent service delays, subway overcrowding during rush hours has become a frequent cause of frustration for commuters, who are increasingly relying on ride-hailing services to get to their destinations.Mayor John Tory is the first to acknowledge that the 60-year-old subway system no longer meets the needs of Canada’s largest city, which is bursting at the seams.“Toronto is growing fast, and we have to keep up,” Tory said at a recent news conference. “Strong and robust transit is vital to the residents and to their lives. It’s vital to the economy, and to the whole city and province in terms of our liveability and competitiveness.”Tory, who is facing a municipal election in October, has ambitious goals for the city, including hosting Amazon’s second North American headquarters — a $5-billion project that would create 50,000 new technology jobs. Toronto is also bidding to host several games for the 2026 FIFA World Cup. And the city has partnered with Google parent company Alphabet in a project that aims to build a futuristic “mini-city” on the lakeshore.However, experts say Toronto needs to move faster.“We need to be mindful not only about attracting talent, but also with keeping up with the growth that we’re already projecting to occur in Toronto,” said Cherise Burda, the executive director at Ryerson’s City Building Institute.Burda said the population of the city’s downtown core — currently 240,000 people — is expected to double over the next 25 years.“We cannot double the number of cars on the road. So in my opinion, we are not moving fast enough to build transit,” she said.Murtaza Haider, a transportation engineer also with Ryerson University, says the city desperately needs a relief subway line — another east-west line about a kilometre south of the existing one, which he calls a necessary redundancy.“We have built the wrong transit in the last 20 years,” said Haider, adding that people have been calling for a relief line for decades. “Where transit is really needed, we find excuses not to build it.”Meanwhile, commuter frustration came to the fore last Tuesday, when thousands of people faced long delays during morning rush hour following the shutdown of one of the two major north-south subway lines due to technical and emergency issues. Commuters expressed their anger on social media, with many posting photos of overcrowded subway platforms and complaining about lack of information.Teddy Wilson, who works near one of the city’s busiest subway stations, was caught in the Tuesday delay.“I was trying to save money on Uber, so I thought I’d take the subway to work,” he said, but that proved to be a mistake.“When I got on the platform, there was nowhere to go, because it was a sea of people. It was like gridlock, but people.”Toronto Transit Commission spokesman Brad Ross said the city has done a good job of integrating different transportation modes, such as streetcars, subways and buses, but some of the other infrastructure is out of date and slow.“Every city is unique, every city has its own challenges, every city does some things really well and suffers at others. Toronto is the same,” he said. “That is something that we are addressing through the replacement of the existing system … The problem is that it takes time.”Tory agrees there’s been quite a lot of discussion about the relief line.“It sits at the top of the priority list, but it sits at the top of the priority list with a necessary schedule to be followed,” he said.The municipal, provincial and federal governments have pledged $100 million to the design and planning of the relief line, which the city projects will be built by 2031.“That’s not soon enough,” said Burda. “Without a downtown relief line, it’s just going to get worse and more congested,” she said.In the meantime, the relief line is in the planning phase, and there are steps the city can take to help relieve the excess pressure on the existing subway, she said.“In the downtown core, a huge percentage of people walk or cycle. It’s growing. And I think it’s growing because people are frustrated with the transit system,” Burda said.The city should build up its network of bike lanes, Burda said. Cyclists, along with pedestrians, reduce the number of people waiting on train platforms.“Compare that to building a subway. It’s cheaper and it’s faster.”last_img read more

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13 Oct
2019

Trump defends tax plan proclaims economy set to rock

first_imgWASHINGTON – Closing in on the first major legislative achievement of his term, President Donald Trump on Saturday defended the Republican tax cut as a good deal for the middle class while boldly suggesting it could lead to explosive economic growth.The legislation, which the GOP aims to muscle through Congress next week, would lower taxes on the richest Americans. Benefits for most other taxpayers would be smaller, but Trump attempted to sell the bill as a “Christmas present” for middle-class Americans in part because it would trigger job growth.“It’ll be fantastic for the middle-income people and for jobs, most of all,” Trump told reporters on the White House lawn before travelling to Camp David for the weekend. “And I will say that because of what we’ve done with regulation and other things our economy is doing fantastically well, but it has another big step to go and it can’t take that step unless we do the tax bill.”No stranger to hyperbole, Trump also predicted the legislation would cause the economy to soar beyond its current 3 per cent rate of growth.“I think we could go to 4, 5 or even 6 per cent, ultimately,” the president said. “We are back. We are really going to start to rock.”Many economists believe that attaining consistent 4 or 5 per cent annual growth would be challenging. The nation last topped 5 per cent growth in 1984.The Republican plan is the widest-ranging reshaping of the tax code in three decades and is expected to add to the nation’s $20 trillion debt. The tax cuts are projected to add $1.46 trillion over a decade.Under the bill, today’s 35 per cent rate on corporations would fall to 21 per cent, the crown jewel of the measure for many Republicans. Trump and GOP leaders had set 20 per cent as their goal but added a point to free money for other tax cuts that won over wavering lawmakers in final talks.“This is happening. Tax reform under Republican control of Washington is happening,” House Speaker Paul Ryan of Wisconsin told rank-and-file members in a conference call Friday. “Most critics out there didn’t think it could happen. … And now we’re on the doorstep of something truly historic.”The bill would repeal an important part of President Barack Obama’s Affordable Care Act — the requirement that all Americans have health insurance or face a penalty — as the GOP looks to unravel a law it failed to repeal and replace this past summer. It came together as Republicans cemented the needed support for the overhaul, securing endorsements from wavering senators.Marco Rubio of Florida relented in his high-profile opposition after negotiators expanded the tax credit that parents can claim for their children. He said he would vote for the measure next week.Sen. Bob Corker of Tennessee, the only Republican to vote against the Senate version earlier this month, made the surprise announcement that he would back the legislation. Corker, the chairman of the Senate Foreign Relations Committee, has repeatedly warned that the nation’s growing debt is the most serious threat to national security.“I realize this is a bet on our country’s enterprising spirit, and that is a bet I am willing to make,” Corker said.The bill embodies a long-standing Republican philosophy that a substantial tax break for businesses will trigger economic growth and job creation for Americans in a trickle-down economy. Skeptical Democrats are likely to oppose the legislation unanimously.“Under this bill, the working class, middle class and upper middle class get skewered while the rich and wealthy corporations make out like bandits,” said Senate Minority Leader Chuck Schumer of New York. “It is just the opposite of what America needs, and Republicans will rue the day they pass this.”The bill would drop today’s 39.6 per cent top rate on individuals to 37 per cent. The standard deduction — used by around two-thirds of households — would be nearly doubled, to $24,000 for married couples.The $1,000-per-child tax deduction would grow to $2,000, with up to $1,400 available in IRS refunds for families who owe little or no taxes. Parents would have to provide children’s Social Security numbers to receive the child tax credit, a measure intended to deny the credit to people who are in the U.S. illegally.Those who itemize would lose some deductions. The deduction that millions use in connection with state and local income, property and sales taxes would be capped at $10,000. That’s especially important to residents of high-tax states such as New York, New Jersey and California. Deductions for medical expenses that lawmakers once considered eliminating would be retained.The bill would allow homeowners to deduct interest only on the first $750,000 of a new mortgage, down from the current limit of $1 million.People who inherit fortunes would get a big break. The bill would double the exemption, meaning the estate tax would apply only to the portion of an estate over $22 million for married couples.Members of a House-Senate conference committee signed the final version of the legislation Friday, sending it to the two chambers for final passage next week.Republicans hold a slim 52-48 majority in the Senate, and two ailing GOP senators missed votes this past week.John McCain of Arizona, who is 81, is at a Washington-area military hospital being treated for the side effects of brain cancer treatment, and 80-year-old Thad Cochran of Mississippi had a non-melanoma lesion removed from his nose earlier this week. GOP leaders are hopeful they will be available next week.___Associated Press writer Marcy Gordon contributed to this report.___Follow Lemire on Twitter at http://twitter.com/@JonLemire and Ohlemacher? at http://twitter.com/@stephenataplast_img read more

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13 Oct
2019

The Latest WH says informal talks for Turkey S Korea

first_imgBUENOS AIRES, Argentina — The Latest on President Donald Trump and the G-20 summit (all times local):2:45 p.m.White House spokeswoman Sarah Huckabee Sanders says President Donald Trump will speak informally with the leaders of Turkey and South Korea at the Group of 20 summit in Argentina rather than in formal meetings.Trump will talk informally with Turkish President Recep Tayyip Erdogan (REH’-jehp TY’-ihp UR’-doh-wahn) and South Korean President Moon Jae-in at the G-20 summit.Sanders spoke to reporters travelling with the president on Air Force One. She did not say why the meetings have been downgraded.Shortly after leaving the White House for the summit, Trump tweeted that he had cancelled his meeting with Russian President Vladimir Putin, citing Russia’s seizure of Ukrainian vessels.Sanders says Trump made the decision to cancel while aboard Air Force One and after speaking with Secretary of State Mike Pompeo (pahm-PAY’-oh) and White House national security adviser John Bolton.___2 p.m.President Donald Trump says he’s cancelled a meeting with Russian President Vladimir Putin, citing Russia’s seizure of Ukrainian vessels.Trump tweeted his decision Thursday after departing Washington for a world leader summit in Argentina, where he and Putin were to meet.Trump says “based on the fact that the ships and sailors have not been returned to Ukraine from Russia, I have decided it would be best for all parties concerned to cancel my previously scheduled meeting in Argentina with President Vladimir Putin. I look forward to a meaningful Summit again as soon as this situation is resolved!”Russia recently seized three Ukrainian vessels and crews. Russia said Ukraine didn’t have permission to pass between Russia’s mainland and the Crimean Peninsula. Ukraine insisted its vessels abided by maritime laws.The Associated Presslast_img read more

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