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CNN —Archaeologists in Peru have unearthed the remains of what they believe are a 4,000-year-old temple and theater, shining a new light on the origins of complex religions in the region. The finds predate the country’s best-known archaeological site, the ancient citadel of Machu Picchu, which is believed to have been built by the Inca Empire in the 15th century, by about 3,500 years. All we know about them comes from what they created: their houses, temples, and funerary goods,” Muro Ynoñan said. Muro Ynoñán collected samples from paint pigments that he said he plans to analyze in a lab, as well as send samples off for carbon dating to confirm the age of the site. In August, Peruvian archaeologists unearthed a 3,000-year-old tomb that they believe might have honored an elite religious leader.
Persons: ” Luis Muro Ynoñán, Muro Ynoñán, , ” Muro Ynoñan, Muro Ynoñan, ” Muro Ynoñán Organizations: CNN, Archaeologists, Field Museum, Peru's Pontifical Catholic University, Reuters, Reuters Archaeologists Locations: Peru, La Otra, Cerro Las Animas, Peruvian, Zaña, Chicago , Illinois, Peru's, Machu Picchu, Inca, Lima
Liverpool Street train station beneath the new skyline of skyscrapers in the City of London financial district on 14th February 2022 in London, United Kingdom. LONDON — European stocks are expected to open higher Wednesday as concerns over the political outlook in France subside. France's CAC 40 index closed 1.81% lower Tuesday as traders assessed the implications of a hung parliament and a period of political uncertainty in France. Asia-Pacific markets were mixed overnight, even as key Wall Street benchmarks rose following dovish comments from U.S. Federal Reserve Chairman Jerome Powell Tuesday. U.S. stock futures were little changed in overnight trading Tuesday after the S&P 500 notched a fresh record close.
Persons: Germany's DAX, Emmanuel Macron, Jerome Powell, Powell Organizations: Liverpool, LONDON, CAC, IG, Front, NFP, U.S . Federal, National Grid Locations: City, London, United Kingdom, France, Asia, Pacific, U.S, Wetherspoons
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
Opinion | Trump’s Lust for Expulsion Has Deep Roots
  + stars: | 2024-07-09 | by ( Jamelle Bouie | ) www.nytimes.com   time to read: +1 min
Last week, millions of Americans celebrated our nation’s founding and with it our history of political and social inclusion. It is this history, of newcomers adding to the tapestry of the American experience, that is the foundation of our creedal nationalism, of the contested belief that “Americans are united by principles despite their ethnic, cultural and religious plurality.”I was at an Independence Day celebration of this belief at Monticello, Thomas Jefferson’s mountaintop home and plantation in Virginia, where dozens of new American citizens were welcomed into the national community with a festive naturalization ceremony, opened — as you might imagine — with a solemn reading of the preamble to the Declaration of Independence. Less central to our collective cultural memory than our history of inclusion — but no less central to American history as it actually unfolded — is a politics of expulsion, of the removal of people, groups and even ideas deemed incompatible with the national spirit, narrowly defined. “The suspicion of outsiders and quick resort to expulsion,” the historian Steven Hahn observes in “Illiberal America: A History,” is one of the defining features of the illiberal current in the American political tradition. If illiberalism — in stark contrast to the universalist claims of liberalism — ties rights and belonging to membership in specific communities of race, ethnicity, religion and gender; if it is “marked by social and cultural exclusions” and sees “violence as a legitimate and potentially necessary means” of wielding power, then it is only natural that illiberal movements or societies would wield expulsion as one method to discipline dissidents and outsiders.
Persons: , Steven Hahn, illiberalism Locations: Monticello, Thomas, Virginia, Independence, “ Illiberal America
CNN —A court in Moscow has ordered Yulia Navalnaya, the wife of late Russian opposition politician Alexey Navalny, to be arrested in absentia, her spokesperson said Tuesday. The Basmannyy District Court in Moscow accused Navalnaya of “participation in an extremist organization,” her spokesperson Kira Yarmysh said in a post on social media. She has also been added to an international wanted list, according to Russian state news agency RIA Novosti. He returned to Russia in 2021 from Germany, where he had been treated after being poisoned with Novichok, a Soviet-era nerve agent. Reacting to the court’s decision on Tuesday, Navalnaya reiterated claims of Putin’s involvement in the death of her husband.
Persons: CNN —, Yulia Navalnaya, Alexey Navalny, Navalnaya, , Kira Yarmysh, Navalny, Putin, , , Vladimir Putin, ” Yulia Navalnaya, Instagram Navalnaya, Putin “, , Alexey, ” CNN’s Nathan Hodge, Sahar Akbarzai, Jack Guy Organizations: CNN, RIA Novosti, Kremlin Locations: Moscow, Basmannyy, Siberia, Russia, Germany, Soviet, Russian, The Hague
CNN —The NATO summit was long planned to celebrate the alliance’s 75th anniversary, to lock in longterm military support for Ukraine and even to future-proof the West against a possible second term for Donald Trump. But his achievements, including Sweden and Finland’s entry into the group, will be eclipsed at the summit by his battle to save his political future. She added: “At this critical time for our country, President Biden must seriously consider the best way to preserve his incredible legacy and secure it for the future.”Biden will also have an important audience overseas. “Is it going to be President Biden? On the eve of the summit, Biden’s campaign distributed a memo lauding his leadership in keeping Kyiv standing more than two years after the Russian invasion.
Persons: Donald Trump, Joe Biden’s, George H.W, Biden, Sen, Patty Murray, ” Biden, Trump, Vladimir Putin, Kurt Volker, ” Volker, CNN’s Wolf Blitzer, Volker, , Joe Biden, John Kirby, , They’ve, Adam Smith, “ We’ve, CNN’s Jake Tapper, Joe ”, Putin, “ Donald Trump, Republican nominee’s, Emmanuel Macron, Olaf Scholz, Justin Trudeau, Giorgia Meloni, Trudeau, Keir Starmer, CNN’s Alex Marquardt Organizations: CNN, NATO, Trump, Biden, United, Kyiv, Democratic, Senate, House Armed Services Committee, MSNBC, ABC News, Nordic, Republican, NATO Alliance, Canadian, Liberal Party, British Locations: Ukraine, Washington, George H.W . Bush, Sweden, Atlanta, Moscow, United States, Europe, Asia, European, Kyiv, Russian, Soviet Union, NATO, Toronto
He's credited with creating the European Political Community, bringing leaders from across 50 states in the region to discuss shared challenges and to coordinate joint responses. For now, Macron has rejected his current Prime Minister Gabriel Attal's resignation and on Monday asked him to stay in the post "to ensure the country's stability." Subran stressed that it was vital that Macron was aligned with the future prime minister. It hasn't paid off, and France's uncertain political outlook will likely perturb France's European partners, one French political scientist told CNBC. French President Emmanuel Macron reviews troops that will take part in the Bastille Day parade, July 2, 2024 in Paris, France.
Persons: Emmanuel Macron, Sebastien Salom, Emmanuel Macron's, Macron, , Tina Fordham, it'll, Fordham, Francois Hollande, Angela Merkel, He's, Germany —, Volodymyr Zelenskyy, Hollande, Gabriel Attal's, Ludovic Subran, Subran, Donald, Trump, — we're, CNBC's Charlotte Reed, it's, Macron's, hasn't, Philippe Marlière, France isn't, Aurelien Organizations: Afp, Getty Images, Fordham Global Foresight, CNBC, NATO, European Union, Socialist, Political, Russia, Ukrainian, Reuters, NFP, Monday, Allianz, U.S, Republican, NurPhoto, EU, University College London Locations: gomis, Europe, France, Washington, Ukraine, Germany, Kyiv, Paris, China, Brussels, Strasbourg, Russia
People gather to celebrate the victory of the left-wing union after the partial results of the second round of the French parliamentary elections in Paris, France on July 07, 2024. LONDON — European stocks are expected to open in mixed territory Tuesday as investors in the region weigh up political uncertainty in France after Sunday's election result. European markets are digesting the prospect of a prolonged period of political uncertainty in France as it confronts a hung parliament following Sunday's parliamentary election result. The left-wing New Popular Front won the largest number of seats in the final round of voting, scuppering an expected surge for the far-right. The alliance failed to secure an absolute majority, however, meaning a coalition or technocratic government is on the cards, making legislation and reforms harder to pass.
Persons: Germany's DAX, scuppering Organizations: LONDON, CAC, IG, Popular Front Locations: Paris, France
These are tricky times to be an ambitious and (relatively) young star in the Democratic Party. President Biden, the party’s 81-year-old presumptive nominee for president, dialed into MSNBC on Monday morning to bray about the whippersnappers snapping at his stiffened heels. Gavin Newsom of California, 56, swore last week. “There’s no point engaging in these hypotheticals,” echoed an aide to the 59-year-old governor of Illinois, JB Pritzker. “I’m not going to entertain any conversation along that line,” Ms. Whitmer, the 52-year-old governor of Michigan, said in an interview with USA Today.
Persons: President Biden, , , Gavin Newsom, JB Pritzker, Gretchen Whitmer’s, “ I’m, Ms, Whitmer, he’s Organizations: Democratic Party, President, MSNBC, , USA Locations: bray, hypotheticals, California, Illinois, Michigan
One thing was clear after France’s surprise election results on Sunday: Any new government formed by President Emmanuel Macron would face months of political paralysis. What’s less certain is whether that gridlock will tip France’s heavily indebted economy further into distress. “Uncertainty hangs over France’s future government architecture,” said the agency, which had already downgraded France’s debt rating on May 31, rattling the government, whose economic credibility has been one of its main political assets. Should the polarization of France’s new Parliament weaken the government’s ability to mend its finances, France’s debt could be downgraded again, it added. The result left no party — including Mr. Macron’s centrist coalition — with a majority and has splintered the lower house of Parliament into three bitterly antagonistic blocs.
Persons: Emmanuel Macron, Organizations: Rally Locations: France
Read previewDesign juggernaut Canva has drawn hard lines around what its AI tool can and can't make. Canva's software can be used to create anything from party invitations to social media content to presentation templates. By default, all users are opted out of private design content from being used to train AI models, a Canva spokesperson told Business Insider. AdvertisementAt the time, Adobe said in a blog post that content belongs to users and it would never be used to train generative AI tools. A spokesperson for Adobe referred BI to the company's AI guidelines, which direct users not to create hateful or adult content and not seek medical advice from AI features.
Persons: , Canva, Melanie Perkins, Perkins, Meta, Cara, Adobe Organizations: Service, Magic Media, Business, Adobe, Meta, Facebook
Read previewJoe Biden is facing mounting pressure to prove he's medically fit to run for a second term, but experts say a cognitive test could set a dangerous precedent. Speaking on CBS's "Face the Nation," Sen. Lindsey Graham said all presidential nominees, including Biden and Trump, should take a cognitive test. Cognitive tests are usually quick and simple and can check for functions such as concentration, abstract thinking, language, and memory. He told ABC's Stephanopoulos on Friday: "I have a cognitive test every single day." According to White House press secretary Karine Jean-Pierre, after Biden's physical in February, his doctors decided he didn't need a cognitive test.
Persons: , Joe Biden, Biden, Donald Trump, ABC's George Stephanopoulos, Sen, Lindsey Graham, Trump, Kevin O'Connor, Dr, Kenneth Boockvar, Biden hasn't, ABC's Stephanopoulos, Karine Jean, Pierre, Thomas, it's, Andrew Payne, I'm, Charan Ranganath, Payne Organizations: Service, Business, Reuters, Biden, Washington Post, Gerontology, Geriatrics, University of Alabama, White, University College London, Mensa, City University, University of California, BI Locations: Birmingham
President Emmanuel Macron’s centrist Ensemble alliance came in second, preventing the far right from taking power. The stakes couldn’t have been higher, and it is hard to overstate the sense of urgency with which French voters flocked to the polls. It ought to be noted, however, that under half of centrist voters went for the left in a run-off against the far right. Many had assumed that it was a foregone conclusion that the far right would win a majority, absolute or otherwise. On all those occasions, and again last week, many held their noses and voted for the center to keep the far right in check.
Persons: Marie Le Conte, Read, , Emmanuel Macron’s, who’d, Le Pen Organizations: CNN, Front, Greens, Ensemble, National Assembly, Rassemblement, Twitter, Facebook Locations: French, Moroccan, London, British, Vichy, France
While a surge in support for the left-wing New Popular Front (NFP) coalition foiled Marine Le Pen’s far-right National Rally (RN) party, French politics is now more disordered than it was before the vote. The NFP won 182 seats in the National Assembly, making it the largest group in the 577-seat parliament. And the RN and its allies, despite leading the first round, won 143 seats. Does that mean the NFP “won” the election? Now, it is the largest bloc in the French parliament and could provide France with its next prime minister.
Persons: Emmanuel Macron, Le, , NFP “, Jordan Bardella, Le Pen, , ” Bardella, Kevin Coombs, Macron, Publique, – Jean, Luc Mélenchon, Raphael Glucksmann, Emmanuel Dunand, Éduoard Philippe, France’s, Brigitte Macron, Mohammed Badra, Gabriel Attal’s, France Unbowed, Mario Draghi, Benito Mussolini Organizations: CNN, Front, NFP, National Assembly, Ensemble, , Reuters, Socialists, Getty Locations: Vichy, France, Paris, AFP, Le Touquet, , Italy
One theory about why Macron called an election now is that France might soon have been forced to the polls anyway. When Macron was reelected as president in 2022, his party failed to win an outright majority in parliament. Another theory is that Macron is gambling he can defeat extremist parties by exposing them to government. Some argue Macron hoped that, by giving the RN time in government before, they would have time to prove disappointing to voters. Jordan Bardella has said he will refuse to govern a minority government, meaning France could be left in deadlock in a mess of Macron’s making.
Persons: Emmanuel Macron, Let’s, Macron, Jordan Bardella Organizations: Elysee Locations: France
France could be headed for sustained political deadlock after no party or alliance of parties appeared to have won an absolute majority of parliamentary seats, according to projections by French polling institutes based on preliminary results. The immediate way forward is unclear, experts said, but the country could be headed for months of political instability, with President Emmanuel Macron facing a deeply divided Parliament, including two blocs firmly opposed to him. “Without an absolute majority, the government will be at the mercy of opposition parties banding together” to topple it, said Dominique Rousseau, an emeritus professor of public law at the Panthéon-Sorbonne University in Paris. The projections suggested that the National Assembly, France’s lower house of Parliament, will be roughly divided into three main blocs with conflicting agendas and, in some cases, deep animosity toward one another.
Persons: Emmanuel Macron, Dominique Rousseau Organizations: Sorbonne University, National Assembly Locations: France, Paris
The newly-formed left-wing coalition, the New Popular Front (NFP), came second with 28%, while Macron’s Ensemble alliance trailed in a distant third with 21%. In the outgoing parliament, Macron’s alliance had only 250 seats, and so needed support from other parties to pass laws. In an attempt not to split the anti-far right vote, more than 200 candidates from Macron’s alliance and the NFP agreed to stand down in the second round. Whatever the result of Sunday’s vote, France seems set to endure a period of political chaos, with Macron unable to call another parliamentary election for at least a year. Jordan Bardella speaks at the RN headquarters in Paris after the first round of voting, June 30, 2024.
Persons: Emmanuel Macron, , Jordan Bardella, Bardella, Gerald Darmanin, Sarah Meyssonnier, Macron, Jean, Luc Melenchon, Raphael Gluckmann, Gabriel Attal, Macron’s Organizations: CNN — Voters, Front, NFP, National Assembly, Macron’s, France Unbowed, Melenchon Locations: France, Vichy, Paris, Europe, Brussels, Ukraine
“Without an absolute majority, the government will be at the mercy of opposition parties banding together” to topple it, said Dominique Rousseau, an emeritus professor of public law at the Panthéon-Sorbonne University in Paris. It was not clear whether the centrists or the right-wing National Rally would be the second-largest bloc. When it wasn’t, Mr. Macron’s government came dangerously close to falling. This time, Mr. Macron’s options appear far more limited. Some analysts believe that Mr. Macron’s position will become so untenable he will have to resign, but he has said he won’t.
Persons: Emmanuel Macron, Dominique Rousseau, , Samy Benzina, Macron, Macron’s, Jean, Luc Mélenchon Organizations: Sorbonne University, National Assembly, University of Poitiers, French, Greens Locations: France, Paris
CNN —Keir Starmer’s historic victory in Britain’s general election Thursday hands him a level of power that was unthinkable for a Labour leader just five years ago. Convincing the public that the Labour Party could be trusted with public finances was a big part of his electoral campaign. Most notably, the hard-right Reform UK, led by friend of Donald Trump Nigel Farage, secured 14% of the national vote. It’s extremely likely that with Starmer now in power, Farage and his acolytes will turn their attention to tearing chunks out of the Labour Party. Fortunately for Starmer, he has quite a lot of political capital to spend.
Persons: CNN — Keir Starmer’s, Jeremy Corbyn, Starmer, Donald Trump Nigel Farage Organizations: CNN, Labour, Conservative Party, Labour Party, Conservative Locations: Britain’s, Europe, Britain, Downing
Prime Minister Keir Starmer of Britain will barely get his feet under the desk in 10 Downing Street before he flies to Washington this coming week to attend a NATO summit. A week after that, he will play host to 50 European leaders at a security meeting at Blenheim Palace, the birthplace of Winston Churchill. It’s a crash course in global statecraft for Mr. Starmer, Britain’s first Labour prime minister in 14 years. But it will also give him the chance to project an image of Britain that is uncharacteristic in the post-Brexit era: a stable, conventional, center-left country amid a churning tide of politically unsettled allies. In Washington, Mr. Starmer will encounter President Biden, who is resisting calls to abandon his race for re-election because of age-related decline.
Persons: Keir Starmer, Winston Churchill, It’s, Starmer, Britain’s, Biden, Emmanuel Macron, Chancellor Olaf Scholz of Germany Organizations: NATO, Labour Locations: Washington, Blenheim, France
Donald Trump was not always a crypto supporter, but he's recently voiced strong support for the industry. Political spending by the industry has made crypto an election issue for both parties, a source told BI. The former president's pro-crypto stance is making bitcoin a "Trump trade," Bernstein said. AdvertisementAt a campaign fundraising event in June, former president Donald Trump styled himself as something that would have seemed unlikely not long ago. "He said he would be the crypto president," tech executive Trevor Traina, who attended the fundraiser, told Reuters that month.
Persons: Donald Trump, he's, Bernstein, , Trevor Traina, It's, Trump, — Donald J, Joe Biden, it's, Alan Konevsky, Trump's, David Bailey, Konevsky, Biden's, Michael Novogratz Organizations: Service, Reuters, Republican, Fox Business, CNBC, Democratic, Public Citizen, BTC Inc, Congress, Innovation, Technology, Trump, Securities and Exchange Commission
Like a globe-spanning tornado that touches down with little predictability, deep economic anxieties are leaving a trail of political turmoil and violence across poor and rich countries alike. In Kenya, a nation buckling under debt, protests over a proposed tax increase last week resulted in dozens of deaths, abductions of demonstrators and a partially scorched Parliament. At the same time in Bolivia, where residents have lined up for gas because of shortages, a military general led a failed coup attempt, saying the president, a former economist, must “stop impoverishing our country,” just before an armored truck rammed into the presidential palace. And in France, after months of road blockades by farmers angry over low wages and rising costs, the far-right party surged in support in the first round of snap parliamentary elections on Sunday, bringing its long-taboo brand of nationalist and anti-immigrant politics to the threshold of power.
Persons: Locations: Kenya, Bolivia, France
It's time for the Fed to cut rates at the end of July. Add to that the moderation in the consumer price index , the producer price index and the personal consumption expenditures price index – the Fed's preferred inflation gauge – and the need to wait for further signs of improvement seems like overkill. Also, if the Fed dials back policy later – rather than sooner – there will be claims of political interference if it cut rates immediately before the presidential election. The central bank has been dealing with an economy-crashing pandemic, a surge in prices and uncertainty over how its policies would affect the broad economy, inflation and consumer behavior over time. This is a factor that will likely drive inflation rates lower.
Persons: Adrian –, , Mickey, Dow Jones, Joe Biden, Adrian . Go, Ron Insana Organizations: Federal Reserve, Fed, Dow, New York Federal, Atlanta, CNBC
Britain’s Conservative Party Was Routed
  + stars: | 2024-07-05 | by ( Justin Porter | ) www.nytimes.com   time to read: +1 min
Prime Minister Keir Starmer took office after his center-left Labour Party won a landslide election victory that decisively swept the Conservatives out of power. It was the worst defeat for the party in its nearly 200-year history. Labour’s more than 410 seats in Parliament ensured the party a robust majority. Reform U.K., the new anti-immigration party led by Nigel Farage, who is a Trump ally and Brexit champion, won just five Parliament seats but became the third-biggest party by vote share, with about 14 percent. A veteran political disrupter, Farage could try to poach the remnants of the debilitated Conservatives.
Persons: Keir Starmer, Nigel Farage, Trump, disrupter, Farage Organizations: Labour Party, BBC, debilitated Conservatives
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Though some say right-wing movements are on the rise globally, in this year's elections, that's not universally the case. Andy Soloman/UCG/Universal Images Group via Getty ImagesIn short, voters are just fed up — no matter who's in charge. Voters want a chanceGlobally, it's not hard to see an anti-establishment, anti-incumbency trend playing out. So-called "double haters" — voters who dislike both Trump and Biden — have made up an influential chunk of the electorate in recent polls.
Persons: , that's, Brian Greenhill, Rishi Sunak's, Andy Soloman, Greenhill, Keir Starmer, Rishi, Emmanuel Macron's, Narendra Modi's, Yoon Suk, Joe Biden, Donald Trump, de, Richard Wike, Sweden —, Wike, Mike Kemp, there's, Biden —, Biden, it's Organizations: Service, Business, SUNY, Environmental, Getty, Voters, Labour, Conservative Party, Reuters, African National Congress, NPR, de Maismont, Pew's, Research, Pew Research, Trump Locations: India, France, SUNY Albany, South Korea, , United States, AFP, Canada, Germany, Greece, Italy, Japan, Netherlands, Spain, Sweden, America
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