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Read previewThis as-told-to essay is based on a conversation with Jimmy Sweeney, a 31-year-old dad who has been traveling the world with his wife, Brooke, and 4-year-old daughter, Isla, to find a new home since June 2023. Brooke and I have always loved traveling, and having a kid, we knew we didn't want to change that. We sold our house and started our journey in EuropeWe put our house on the market in April of last year. Seeing the stories kids in a place are growing up with is a great way to learn about a culture. We've loved a lot of places so farIt doesn't take long to understand whether you relate to or feel a part of somewhere.
Persons: , Jimmy Sweeney, Brooke, I've, We've, it's, Brooke Sweeney, Jimmy Sweeney I've, Isla, Jimmy Sweeney It's, We're, that's, You'll, Sweeney Organizations: Service, New Zealand, Business, China Locations: Australia, New, Fort Worth , Texas, Texas, Europe, Florida, Taiwan, Munich, Germany, New Zealand, Japan, Kuala Lumpur, Southeast Asia, Spain, Denmark, Goreme, Amber, Jaipur, India
In a boost for Toyota, Indian state cuts levies on hybrid cars
  + stars: | 2024-07-11 | by ( ) www.cnbc.com   time to read: +1 min
A move by India's Uttar Pradesh state to waive some levies on hybrid cars will make them 10% cheaper, delivering Japan's Toyota Motor a big win in lobbying efforts and raising industry and analyst expectations that other states could follow suit. Just as it does with electric cars, the government of India's most populous state will also waive the registration tax on some hybrid car sales, it said in a July 5 notification. Hybrid cars offer fuel savings as they operate on both electric motors and combustion engines. "This is a sizeable incentive provided by a state for hybrid cars. Uttar Pradesh accounts for 10% of India's total car sales.
Persons: Maruti Suzuki, Morgan Stanley, Nomura Organizations: Toyota Motor Corp, Toyota, Maruti Locations: Georgetown , Kentucky, U.S, Uttar Pradesh, India's
China says India has no right to develop contested border region
  + stars: | 2024-07-11 | by ( ) www.cnbc.com   time to read: 1 min
Chinese Premier Li Keqiang meets with Indian Vice President Shri Mohammad Hamid Ansari at the Great Hall of the People in Beijing on June 28, 2014. India has no right to carry out development in the area China calls South Tibet, China's Foreign Ministry said on Wednesday in response to a Reuters report on New Delhi's plans to speed up hydropower projects in the border state. "South Tibet is China's territory," a foreign ministry spokesman said in a statement. It said India had no right to carry out development there and the establishment of what India calls Arunachal Pradesh on Chinese territory is "illegal and invalid."
Persons: Li Keqiang, Shri Mohammad Hamid Ansari Organizations: Indian, of, People Locations: Beijing, India, China, South Tibet, Tibet, Arunachal Pradesh
Photographer Ramesh Shukla moved to Dubai in 1965. Sheikh Zayed and Sheikh Rashid watching a camel race in Sharjah, 1968. The next day, he returned to the racetrack and presented the photo to Sheikh Zayed, asking for his blessing — and it changed everything. Sheikh Zayed Bin Sultan Al Nahyan, the late emir of Abu Dhabi, signing the agreement to form the UAE’ on December 2, 1971. Ramesh ShuklaShukla's photos of the UAE's founding fathers (top) and Sheikh Zayed signing (bottom) are featured on the 50 dirham note.
Persons: CNN — “, ” Ramesh Shukla, Shukla, Ramesh Shukla, , , Sheikh Zayed, Sheikh Rashid, Sheikh Zayed Bin Sultan Al Nahyan, Sheikh Rashid bin Saeed Al Maktoum, Neel Shukla, Ramesh’s, , Tara, Neel, Ramesh, Ajman —, Ras, Khaimah, Neel —, ‘ Papa, ’ ” Organizations: CNN, United Arab Emirates, Ramesh, Emirates, United, UAE ’, Dubai Culture Locations: India, Dubai, Bombay, Mumbai, UAE, Sharjah, States, British, Arabian, Abu Dhabi, , Umm Al, United Arab, Ras Al, Emirates
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket focuses on how India tackles the 'impossible trinity' in the upcoming budget: Kotak AMCNilesh Shah of Kotak AMC says investing for infrastructure, fiscal prudence and support for the bottom end of the social pyramid are key issues for India budget 2024. He also highlights huge opportunities in India's debt market.
Persons: Shah Organizations: AMC, Kotak AMC Locations: India
A co-defendant in the case, Kristina Puzyreva, pleaded guilty in February to conspiracy to launder the proceeds of the export scheme, prosecutors said, and she now awaits sentencing. Authorities seized around $1.68 million dollars in connection with the scheme, prosecutors say. The components the trio sourced have been found in seized Russian weapons that included guided missiles, helicopters, unmanned aerial vehicles and battle tanks, with some of the components needed for Russia’s precision-guided weapons systems being used against Ukraine, according to prosecutors. “The defendants were aware of the potential military applications of the electronics that they exported to Russia,” prosecutors said in the release. “Goltsev responded, ‘happy holiday to you too my friend, we are defending it in the way that we can [smile emoji].’”CNN’s Devan Cole contributed to this report.
Persons: Salimdzhon Nasriddinov, Nikolay Goltsev, , Lisa Monaco, “ Mr, Goltsev, ” Todd, Kristina Puzyreva, Ivan J, Arvelo, Nasriddinov, , “ Goltsev, , ” CNN’s Devan Cole Organizations: CNN, of, Nasriddinov, SH Brothers Inc, SN Electronics Inc, United, United Arab Emirates, Homeland Security Investigations, York, Authorities, Fatherland, Soviet Union Locations: Montreal, Russia, Ukraine, Eastern, of New York, Brooklyn, Turkey, Hong Kong, India, China, United Arab
Read previewIndian Prime Minister Narendra Modi made Russia the destination of his first bilateral visit after securing a historic third term in office. On Monday, the US State Department said it has raised concerns with New Delhi about India's relationship with Russia. AdvertisementModi's advances toward Putin come less than two months after the usually reserved Chinese leader Xi Jinping hugged Putin not once, but twice — dealing another blow to the West's isolation of Russia. India imported about $60 billion of goods a year from Russia in the last fiscal year. "Due to Russia's close ties with China, India can turn to Russia to help defuse crises when bilateral geopolitical tensions flare up between India and China," he added.
Persons: , Narendra Modi, Vladimir Putin, Volodymyr Zelenskyy, Putin, Xi Jinping, Xi, Modi, Rajiv Biswas, who's, Biswas, Vinay Kwatra Organizations: Service, NATO, Washington DC, Business, US State Department Locations: Russia, Ukrainian, Washington, Moscow, New Delhi, India, China
Oil prices held firm Wednesday as OPEC sees solid demand supported by stronger economic growth this year. OPEC maintained its oil demand growth forecast of 2.2 million barrels per day for 2024. Here are today's energy prices:The oil market is waiting to see if U.S. inventory data will confirm expectations that the market is tightening. Summer fuel demand has had a soft start, but a big draw of 12.2 million barrels of crude and 2.2 million barrels of gasoline for the week ended June 28 indicated that activity was picking up. Analysts polled by Reuters expect crude stocks fell by 1.3 million barrels last week, and gasoline inventories declined by 600,000 barrels.
Persons: Tamas Varga, Varga Organizations: OPEC, Reuters, Department, Energy Locations: Stanton , Texas, Brazil, Russia, India, China, Israel, Houston
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina needs to add consumer stimulus at the Third Plenum, says portfolio managerMalcolm Dorson of Global X outlines his expectations for consumer support at China's Third Plenum. He also explains why he believes India is the "the best structural opportunity in emerging markets, if not the world".
Persons: Malcolm Dorson Organizations: China, China's Locations: India
CNN —Russia has promised to discharge Indian nationals who were “misled” into joining its army to fight in Ukraine, India’s foreign secretary said Tuesday. “The Russian side promised the early discharge of all Indian nationals from the service of the Russian army,” he said. “The trafficked Indian Nationals were trained in combat roles and deployed at front bases in Russia-Ukraine War Zone against their wishes,” the CBI statement said. In neighboring Nepal, lawmakers have called on the Russian authorities to provide figures for its nationals fighting in Ukraine. The Russians position themselves a few hundred meters back as support,” said Suman Tamang, after he returned from Russia.
Persons: , Narendra Modi “, Vladimir Putin, Vinay Mohan Kwatra, Putin, Bimala Rai Paudyal, Kwatra, , ” Kwatra, Imran Mohammad, Asfan Mohammed, Asfan, ” Imran, Suman Tamang, Ramchandra Khadka, ” Khadka Organizations: CNN, Indian, Indian Ministry, Russian, Kremlin, India’s, Bureau of Investigation, Indian Nationals, CBI Locations: Russia, Ukraine, Russian, Moscow, New Delhi, South Asia, Nepal, India, Indian, Hyderabad, Bakhmut –
Russia's President Vladimir Putin and India's Prime Minister Narendra Modi walk during their meeting at the Novo-Ogaryovo state residence near Moscow, Russia July 8, 2024. Their partnership has become more complicated, however, as Russia has moved closer to China amid international isolation of Moscow over Ukraine. Russian state media reported that they would also discuss Moscow helping India build more nuclear power plants. The two countries already are collaborating on the Kudankulam nuclear power project in the southern Indian state of Tamil Nadu. With Moscow's arms industries mostly serving the Russian military in Ukraine, India has been diversifying its defense procurements, buying more from the U.S., Israel, France and Italy.
Persons: Vladimir Putin, Narendra Modi, Putin, Modi, Volodymyr Zelenskyy, Matthew Miller, Vinay Mohan Kwatra Organizations: India's, Indian, NATO, . State Department, Shanghai Cooperation Organization, India, Russian Locations: Moscow, Russia, Washington, Ukraine, China, Kazakhstan, Beijing, Russian, Kyiv, India, New Delhi, Tamil Nadu, United States, Vladivostok, Uzbekistan, U.S, Israel, France, Italy, Chennai, East
Read previewI moved to Nottingham in 2021 from India to pursue my master's degree at Nottingham Trent University. Tanushree Srivastava/BIBeginning life in the UKI arrived in the UK for the first time in 2021 as an international student. I had pre-booked a studio apartment in Nottingham city center with my friend, another international student at Nottingham Trent University. Even universities like Nottingham Trent and the University of Nottingham have huge gardens and greenery for students. One of the best parts of living in Nottingham was the commitment to its status as a "student city."
Persons: , I'd, Tanushree Srivastava, Srivastava, White Rose, Nero, Nottingham Organizations: Service, Nottingham Trent University, Business, Nottingham Trent, University of Nottingham, Nottingham canalside, Nottingham, Nottingham Bowl, BI Nottingham Locations: Nottingham, India, London, City, England, Trent, British, Rock City
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTemasek has been 'steadily increasing' its exposure in India, CIO says"We continue to see opportunities around financial services, consumer, healthcare, the startup ecosystem and logistics – so across a broad variety of areas," said Rohit Sipahimalani, chief investment officer at Temasek.
Persons: Rohit Sipahimalani Organizations: Temasek Locations: India, Temasek
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia's relationship with Russia is one of 'managed decline,' analyst saysPramit Pal Chaudhuri, South Asia practice head at Eurasia Group, discusses Indian Prime Minister Narendra Modi's visit to Russia and the role that China plays in India-Russia relations, saying India wants to keep Russia "reasonably happy" so that it maintains neutrality when India and China clash.
Persons: Pramit Pal Chaudhuri, Narendra Modi's Organizations: Eurasia Group, Indian Locations: Russia, South Asia, China, India
Modi, who leads the world’s biggest democracy, has propped Putin up by making India one of a few loyal customers of Russian oil and gas throughout the two-year war in Ukraine. For all the controversies over nuclear power, it’s a zero-carbon form of energy when generated and it’s fast becoming part of many countries’ answer to the climate crisis. “Clearly the Kremlin has decided that would be a good idea, and some countries are keen to expand their own nuclear power production. It changed its tune in May, when it banned Russian uranium imports, and is on a quest to rapidly develop its own industry to produce HALEU to fuel its own next-generation reactors. It can only benefit India being part of closer collaboration in the Arctic.”She added that India was also benefiting from processing Russian crude oil.
Persons: Vladimir Putin, Narendra Modi, Putin, Modi, Modi’s, ” Elisabeth Braw, Gavriil, Biden, , Alan Ahn, GAVRIIL GRIGOROV, ” Braw Organizations: CNN, Indian, TASS, Atlantic Council’s Transatlantic Security Initiative, ., Getty, Energy, Washington DC, Getty Images Locations: Moscow, Russia, Ukraine —, India, Ukraine, Europe, . Russian, AFP, China, United States, Washington
“My cart looks ridiculous,” said Ms. Uhuru, 48, who supplements her hauls with vegetables grown in her garden. “People think I am a shift shopper.” Sylvia Jarrus for The New York Times, including previous image. Sawyer’s April Shopping Total shopping trips: 14 Impulse purchases: Castelvetrano olives ($5.99) and sparkling water (prices vary) Share of drinkable purchases: 70 percent What might a stranger notice if she peered into Sawyer Bonsib’s cart? “The old adage ‘Don’t go grocery shopping when you are hungry,’ applies triply during Ramadan,” he said. “Or my toddler will gnaw on a tortilla while I’m making dinner.” Jessica Attie for The New York Times, including previous image.
Persons: , creamer, Jackie Kesterson, haven’t, , , Kesterson, Rebecca Gratz, Kimberly Uhuru Detroit, Kimberly Uhuru, Uhuru, ” Sylvia Jarrus, Sawyer, Mr, Bonsib, Alcoholics Anonymous, isn’t, ” Will Newton, pita —, Pecorino Romano, pistachios, Ayse Gilbert, Gilbert, She’s, ” Kerry Tasker, Sonal Singh, Singh, Carolyn Fong, Bingahlan, Abdul Bingahlan, chiles, We’re, Bingahalan, , Brittainy Newman, Amy O’Neill Houck, ” — Mindy Huskins, — Naeman Mahmood, ” — Martha Goff, Gabby Cavazos Austin, Gabby Cavazos, Cavazos, ” Jessica Attie, Young, Alan Young, . Young, Croix seltzer Organizations: THE, Amazon Grocery, Vee, The New York Times, Walmart, Alcoholics, Costco, Gilbert Anchorage, University of Georgia, Mart, chiles, Atlanta, Emory, Coordinating, Foods, Assistance, SNAP Locations: United States, romaine, Jackie Kesterson Omaha, Rosedale Park, Target, Croix, Waterloo, Malvern, Ark, Gilbert, Alaska, Anchorage, Carmel , Calif, California, Sonal Singh Foster City, Calif, India, Foster City, Bingahlan New York City, Cordova , Alaska, Newark, Del, Atlanta, Sacramento, Gabby Cavazos Austin , Texas, Texas, Young Hilo, Hawaii
However, central bank officials still want to see more progress before cutting interest rates, he noted. “The most recent inflation readings, however, have shown some modest further progress, and more good data would strengthen our confidence that inflation is moving sustainably toward 2%,” he added. Fed officials expect to cut interest rates just once this year, according to their latest economic projections in June, compared to the three cuts they forecast in March. The annual PCE inflation rate registered at 2.6% in June, down slightly from 2.7% in May. Fed officials and most economists don’t see a recession this year.
Persons: Jerome Powell, ” Powell, Powell, Inflation, John Williams, ” Seema Shah Organizations: Washington CNN, Inflation, Committee, Financial, ” New York Fed, Congress, Fed, Asset Management Locations: India, United States
Incumbents pay the price in year of global elections
  + stars: | 2024-07-09 | by ( Stephen Collinson | ) edition.cnn.com   time to read: +13 min
And elections in Taiwan and South Korea proved the dynamism of the idea that free elections can promote stable governance. The two round French election system once again kept the far-right out of power on Sunday but Macron’s gamble didn’t exactly pay off. An era of political turmoil now looms with a hung parliament, a likely shaky coalition and instability ahead of the next presidential election in 2027. Kevin Coombs/ReutersIndonesiaPrabowo Subianto, a former army general, won the presidential election in the world’s fourth most populous nation, which is home to its largest Muslim population. IranIran wasn’t supposed to have a presidential election this year.
Persons: El, they’ve, Donald Trump’s, Joe Biden, Trump —, Ursula von der Leyen, Emmanuel Macron, Le, Macron, Keir Starmer, Kevin Coombs, Suharto, Narendra Modi, Adnan Abidi, Imran Khan, Nawaz, Asif Ali Zardari, Benazir Bhutto, Sheikh Hasina, Vladimir Putin, Alexey Navalny, Putin, El Salvador, Nayib Bukele, , Bukele, Claudia Sheinbaum Pardo, ObturadorMX, Claudia Sheinbaum, Andrés Manuel López Obrador, Sheinbaum, Lai Ching, Yoon Suk Yeol, André Ventura, Peter Pellegrini, Robert Fico, Fico, Nelson Mandela —, , Macky Sall, Sall, Bassirou Diomaye Faye, Ebrahim Raisi, Ayatollah Ali Khamenei, Masoud Pezeshkian, ultraconservative Saeed Jalili, Pezeshkian Organizations: CNN, European Union, United States –, France, European People’s Party, Popular Front, Britain Voters, Conservative, Labour Party, Reuters, Reuters Indonesia Prabowo, Bharatiya Janata Party, BJP, Pakistan Muslim League, Pakistan People’s Party, Bangladeshi, Kremlin, El, El Salvador Strongman, El Salvador —, Getty, Democratic Progressive Party, Portugal Incumbents, Democratic Alliance coalition, Putin, Russian, South Africa Voters, National Congress, ANC, Democratic Alliance Locations: France, Britain, Iran, El Salvador, Slovakia, Russia, Indonesia, Mexico, South Africa, United States, India, Senegal, Taiwan, South Korea, Germany, London, Reuters Indonesia, Subianto, New Delhi, Reuters Pakistan, Pakistan, , Bangladesh, South Asia, America, China, Beijing, Portugal, Ukraine, Europe, Senegal Senegal, Africa, Sall, Iran Iran, Islamic Republic
Prime Minister Narendra Modi of India strolled alongside President Vladimir V. Putin of Russia under the trees at the Russian leader’s suburban residence as the sun set. He rode a golf cart along the paths, sipped tea during an hourslong chat and petted a horse on a visit to Mr. Putin’s stables, breathing in the calm of an estate that once belonged to the Romanov dynasty. The scene, on Monday evening, opened the Indian leader’s two-day trip to Russia and illustrated a sobering reality: Despite the West’s intended isolation of Russia over its 2022 invasion of Ukraine, other nations have pursued their own interests with regard to Moscow, helping Mr. Putin shore up Russia’s economy and wage its war. While Mr. Modi was hugging the Russian leader, rescue workers in Kyiv were searching for survivors under the rubble of Ukraine’s largest pediatric hospital in the wake of a Russian missile attack. Mr. Putin has held two meetings with China’s leader, Xi Jinping, in two months, along with meeting the leaders of Vietnam, Hungary, Belarus and the nations of Central Asia, keeping a robust diplomatic schedule.
Persons: Narendra Modi, Vladimir V, Putin, Romanov, Modi, Volodymyr Zelensky, Xi Jinping Locations: India, Russia, Russian, Ukraine, Moscow, Kyiv, Vietnam, Hungary, Belarus, Central Asia
India's Prime Minister Narendra Modi is in Russia to visit its president Vladimir Putin. It's a visit that risks annoying India's ally the US. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhen India's prime minister arrived in Moscow on Tuesday, he greeted Russia's famously chilly president, Vladimir Putin, with an exuberant bear hug. But Prime Minister Narendra Modi's fear of China — a key Russian ally — means that he's willing to risk American anger to keep Putin close.
Persons: Narendra Modi, Vladimir Putin, It's, Modi, Putin, , Russia's, Narendra Modi's Organizations: India's, Service, Business Locations: Russia, Moscow, New Delhi, Ukraine, China, Russian
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. won't sacrifice India ties just because of optics around Modi's Russia visit, analyst saysRick Rossow, chair in U.S.-India policy studies at the Center for Strategic and International Studies, discusses Indian Prime Minister Narendra Modi's visit to Russia and how the United States views it, saying Modi has to face his own voters before the international community.
Persons: Rick Rossow, Narendra Modi's, Modi Organizations: U.S, Center for Strategic, International Studies, Indian Locations: India, Russia, United States
Two people were killed and at least 16 others were injured in the strike on Kyiv’s Okhmatdyt hospital. Rescuers work at Ohmatdyt Children's Hospital that was damaged during a Russian missile strikes, in Kyiv, Ukraine July 8, 2024. Reducing the trade imbalance would be a “matter of priority” in Modi’s discussions with Putin, he said, ahead of the trip. Russian Presidential Aide Yury Ushakov said the Kremlin attaches “primary importance” to Modi’s visit, Russian state-run news agency TASS reported. Biden called Russian missile strikes in Kyiv – including on the children’s hospital – a “horrific reminder of Russia’s brutality,” in a statement Monday evening.
Persons: Volodymyr Zelensky, , Narendra Modi, Vladimir Putin, Putin, ” Zelensky, Gleb Garanich, Iryna Filimonova, Volker Turk, Modi, ” Putin, , Modi’s, Matthew Miller, Randhir, Yury Ushakov, Joe Biden, Biden, ” Biden Organizations: CNN, Indian, Ohmatdyt, United, Kremlin, US State Department, UN, United Nations, NATO, Russian Locations: Moscow, Russian, Kyiv, Novo, Ogaryovo, Russia, Ukraine, Dnipro, Kryvyi, United Nations, Ukrainian, India, Delhi, China, Western, United States, Washington
CEO of Japan's Suntory Holdings discusses India expansion
  + stars: | 2024-07-08 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCEO of Japan's Suntory Holdings discusses India expansionTakeshi Niinami, CEO of the brewing and distilling company group, outlines its plans for the Indian market and revenue expectations.
Persons: Takeshi Niinami Organizations: Japan's Suntory Holdings
Vietnam is the most affordable place to live in for expats, according to a report by InterNations. Moving to a foreign country may seem like a pipe dream, but it doesn't have to break the bank. For the fourth consecutive year, Vietnam is the most affordable country in the world for expats, ranking first out of 53 destinations when it comes to personal finances, according to a 2024 InterNations study. Southeast Asia, in particular, stood out with Vietnam, Indonesia, Philippines and Thailand all ranking in the top 10. "Most expats agree that it's easy to find housing, and they are happy with how affordable it is."
Persons: InterNations, Chudoba Organizations: InterNations, Vietnam 2nd, CNBC Locations: Vietnam, expats, Brazil, Malaysia, Vietnam Colombia Indonesia Panama Philippines India Mexico Thailand Brazil China, Southeast Asia, Indonesia, Philippines, Thailand
During his two-day visit, Modi is expected to attend a private dinner hosted by Vladimir Putin and hold talks with the Russian president, according to India’s foreign ministry spokesperson Randhir Jaiswal. Reducing the trade imbalance would be a “matter of priority” in Modi’s discussions with Putin, he added. Modi’s visit to Russia is also widely seen as the latest dent in efforts by Western leaders to cast Putin aside. Later that year, Putin did not attend the Group of 20 leaders’ summit in New Delhi, during which leaders delivered a consensus statement criticizing his invasion of Ukraine. Following his Russia trip, Modi will visit Austria in the Indian leader’s first visit to the European nation, according to his office.
Persons: CNN —, Narendra Modi, Modi, Vladimir Putin, Randhir Jaiswal, ” Jaiswal, Putin, , Jaiswal, ” Modi, , Nandan Unnikrishnan, China’s, Joe Biden Organizations: CNN, CNN — India’s, Kremlin, West . Trade, United Nations, Shanghai Cooperation Organization, SCO, Observer Research Locations: Russia, Moscow, Ukraine, China, New Delhi, India, Uzbekistan, Bhutan, Sri Lanka, Maldives, Delhi, Beijing, Kazakhstan, Soviet Union, Western, United States, Washington, Japan, Australia, , Austria
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