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“Rat hole mining may be illegal,” Lt General Syed Ata Hasnain, a retired official from India’s National Disaster Management Authority told reporters shortly after the rescue. “But a rat miner’s talent and experience is not.”Bottom of the hierarchyWorkers employed in the dangerous profession are among the most vulnerable and marginalized in India, hence the unflattering local moniker. But some of the “rat miners” said they are still waiting for details of the compensation. Conspicuously missing were the names of the 12 “rat miners” who put their lives on the line to complete that final breakthrough. Two “rat miners” went in at a time on rotating four-hour shifts, with one cutting the stone and the other pulling the debris out of the pipe.
Persons: New Delhi CNN —, Munna Qureshi, , ” Qureshi, Qureshi, General Syed Ata Hasnain, Slimly, Hasina Kharbhih, , Roberto Schmidt, ” Kharbhih, Nasir Khan, B.P, Katoki, Pushkar Singh Dhami, Mohammad Irshad Ansari, Monu Kumar, crouch, Khan, Kumar, Sajjad Hussain, Ansari, ” Kumar Organizations: New, New Delhi CNN, Engineers, National Disaster Management Authority, Workers, National Green Tribunal, AFP, Getty, CNN, Locations: New Delhi, Uttarakhand, India, Meghalaya, Rimbay, Uttarkashi, Uttar Pradesh, AFP
UConn star Azzi Fudd has long looked up to Steph Curry and now has an NIL deal with his brand, SC30. She attended Curry's camp during high school, even though it's usually reserved for men's recruits. AdvertisementAs the top-ranked player in her recruiting class, Azzi Fudd earned invitations to nearly every camp available to high school women's basketball stars. AdvertisementFudd knows that, at least to some extent, things are moving in the right direction for women's basketball players and for women's sports at large. "I definitely have seen a shift in the attention that women's basketball is getting and also the language used towards it," Fudd said.
Persons: Azzi Fudd, Steph Curry, Fudd, , Stephen Curry, Troy Wayrynen, Stanford Cardinal, Cameron Brink, Armour, Green, David Butler II, Curry, Camp Curry Organizations: UConn, Service, Golden State Warriors, UConn Huskies, Stanford, Washington DC, NBA, G, Houston Rockets Locations: Oakland, Washington
Wondery hopes the interest generated from its marketing campaigns will help it turn podcast ideas into intellectual property that spans different media. Photo: WonderyIn a shopping mall in Los Angeles’ Century City, a 1,200-square-foot room has been painted green, covered in Christmas decorations and filled with an espresso bar, a cotton candy stand, and a step-and-repeat for photoshoots. An actor dressed in a furry green suit makes an appearance on weekends. The Grinch’s Holiday Green Room, as it is called, is one of L.A.’s latest “pop-up experiences,” the kind usually deployed to build excitement around big-budget TV shows and movies.
Persons: Wondery Organizations: Los Angeles ’ Locations: Los Angeles, City
To collect vintage clothes is to know that one day, you’ll come across a shirt that will send you into an existential spiral. For me, that moment came last month, as I was tooling around eBay in search of aged band tees. The very same Green Day “American Idiot” shirt that I bought new as a sneering tween was now being sold as “vintage” for a not insignificant sum of $100. To see your childhood resold as vintage—could anything make you feel older than that? Mind you, I’m just 32.
Persons: you’ll, I’m Organizations: eBay Locations: Bam
Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. Crypto companies spent $18.96 million in the first three quarters of 2023 on lobbying, compared with $16.1 million during the same period in 2022. That was despite last year's spectacular meltdown of crypto exchange FTX, which had been a top-ten spender. Coinbase (COIN.O), the largest U.S. crypto exchange, led the pack again, spending $2.16 million, followed by Foris DAX, which operates, the Blockchain Association and Binance Holdings. Although those bills have yet to advance further, crypto lobbyists are not letting up.
Persons: Marco Bello, spender, FTX, Foris DAX, Kristin Smith, Sam Bankman, Fried, Coinbase, Binance,, Hannah Lang, Michelle Price, Matthew Lewis Organizations: REUTERS, Rights, Blockchain Association, Binance Holdings, U.S . Securities, Exchange Commission, SEC, Thomson Locations: Miami Beach , Florida, U.S, Washington, Manhattan, Binance
CNN —Accounting for up to 1.5% of global electricity use, data centers are fueling the climate crisis. WindCORES, a subsidiary of German renewable electricity company WestfalenWIND, operates data centers inside wind turbines located in a wind park in the Paderborn district in western Germany, which the company says makes the centers almost carbon neutral. The concept uses existing wind turbines to power data centers on site, while fiber optic cables provide a constant internet connection. WindCORES estimates that the unused electricity generated during this period could power one-third of all German data centers. Zattoo joined windCORES in 2020, when it moved one of its six data centers into a wind turbine in Paderborn.
Persons: , Fiete Dubberke, Dubberke, WestfalenWIND, windCORES, Zattoo, Viliyana Ivanova, , Viliyana, windCORES Dubberke, Zattoo’s, Asim Hussain, that’s, they’ve, ” Hussain, ” WindCORES, Klee Organizations: CNN, windCORES, Green Software Foundation Locations: Paderborn, Germany, , , Lichtenau, Munich
This year has been almost universally bad for clean investments., and the two worst performers still in the S&P 500 are solar companies. Photo: Drew Angerer/Getty ImagesInvest according to your political views, and you’re unlikely to make money. Companies that appeal to left-wingers or to right-wingers might be good or bad investments, but the fact of being, on current politics, clean and union-friendly for the left or oily and gun-friendly for the right is neither here nor there. What matters is their ability to make money and how highly they are valued. This has been rammed home for environmentally-minded investors in the past year, as a coordinated selloff in anything with green credentials crushed the idea of making money while doing good.
Persons: Drew Angerer Organizations: Invest, Companies
Jim Cramer talks green energy stocks performance
  + stars: | 2023-12-05 | by ( Jim Cramer | )   time to read: 1 min
Jim Cramer talks green energy stocks performance'Mad Money' host Jim Cramer talks green energy and EV stocks and why they can be a market minefield.
Persons: Jim Cramer
She said the then-Prince Charles asked her if she was in the original "Star Wars" movies. The setting was the 1999 London premiere of "Star Wars: Episode I — The Phantom Menace." As the first "Star Wars" movie to hit theaters since 1983, it was a big deal that brought the British royals to the event. Advertisement"WWHL" host Andy Cohen asked Portman what she remembered of her interaction with the royal family. "I remember Prince Charles asked me — he was then Prince Charles — if I was in the originals," Portman said with a laugh.
Persons: Natalie Portman, Portman, King Charles, Prince Charles, , Britain's King Charles ., Andy Cohen, Prince Charles —, Padmé, Julianne Moore, Hayden Christensen, Anakin Skywalker, Darth Vader, Wan Organizations: London, Service, Padmé Amidala, Lucasfilm, Netflix Locations: Hollywood, London
EU clears up to 1.2 bln euros of aid for cloud computing
  + stars: | 2023-12-05 | by ( )   time to read: +2 min
European flags fly outside the European Commission headquarters in Brussels, Belgium September 20, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsBRUSSELS, Dec 5 (Reuters) - The European Commission approved on Tuesday up to 1.2 billion euros ($1.30 billion) of state aid for a European cloud computing project to try to boost the involvement of EU business in a field dominated by U.S. companies. Those countries will provide up to 1.2 billion euros in public funding, which in turn is expected to unlock 1.4 billion euros in private investments, the European Commission said. The European cloud technology project features 19 companies, including French companies Atos (ATOS.PA) and Orange (ORAN.PA), Deutsche Telekom (DTEGn.DE) and Germany's SAP (SAPG.DE), Telecom Italia (TLIT.MI) and Telefonica Espana (TEF.MC). The three biggest players in cloud computing are Amazon (AMZN.O), Microsoft (MSFT.O) and Google (GOOGL.O).
Persons: Yves Herman, Didier Reynders, Sudip Kar, Gupta, Piotr Lipinski, Philip Blenkinsop, Barbara Lewis Organizations: European Commission, REUTERS, Rights, U.S, Infrastructure, Services, IPCEI CIS, Union, Deutsche Telekom, SAP, Telecom Italia, Telefonica Espana, Microsoft, Google, Thomson Locations: Brussels, Belgium, France, Germany, Hungary, Italy, Netherlands, Poland, Spain
SACRAMENTO, Calif. (AP) — Brandon Ingram scored 30 points and the New Orleans Pelicans beat the Sacramento Kings 127-117 on Monday night in the quarterfinals of the NBA's In-Season Tournament. "This is the first time we’ve had the In-Season Tournament. Political Cartoons View All 1277 ImagesThere was good energy from the sellout crowd, with many fans wearing blue T-shirts handed out to give the In-Season Tournament a playoff feel. The Kings got within six midway through the fourth before the Pelicans scored nine straight points to put the game away. UP NEXTPelicans: Play the winner of Tuesday's Suns-Lakers game in the In-Season Tournament semifinals Thursday night in Las Vegas.
Persons: — Brandon Ingram, Ingram, Willie Green, we’ve, ” Herb Jones, Jonas Valanciunas, De'Aaron Fox, Domantas Sabonis, Trey Lyles, , ” Green, , ” Fox, He’s, Valanciunas, Trey Murphy, Jones, ___ Organizations: New Orleans Pelicans, Sacramento Kings, Pelicans, Phoenix, Los Angeles Lakers, Sacramento, Kings . Sacramento, Valanciunas, New, Tuesday's Suns, Lakers, Tuesday’s Suns Locations: SACRAMENTO, Calif, New Orleans, Las Vegas, Kings ., , Orleans, Ingram, Sacramento, UP, Las Vegas .
The Ukrainian sniper team claiming the world's longest kill shot has described shooting a Russian soldier. "I was thinking that Russians would now know that is what Ukrainians are capable of," the sniper told the WSJ. "I was thinking that Russians would now know that is what Ukrainians are capable of," Kovalskiy told the news outlet in a report published Monday. A view from the viewfinder of a Ukrainian sniper rifle at a shooting range amid Russia and Ukraine war in Donetsk Oblast, Ukraine on August 09, 2023. AdvertisementBefore that shot, British army sniper Craig Harrison was believed to have held the record after killing a Taliban militant from 1.5 miles away.
Persons: Vyacheslav Kovalskiy, , Kovalskiy, that's, Ignacio Marin, Kovalskiy's, Craig Harrison Organizations: Ukrainian, Service, Wall Street, Security Service, US Marine Corps, Anadolu Agency, Getty, Street, Islamic Locations: Russian, Ukraine, Ukrainian, Kherson, Russia, Donetsk Oblast, Canadian
BUDAPEST (Reuters) - The U.S. envoy to Budapest sharply criticised the Hungarian government on Tuesday for "disregarding" the interests of its NATO allies and strengthening ties with Russia at a time when its allies are isolating it. In a speech at AmCham to U.S. companies that have invested in Hungary, Ambassador David Pressman said Hungary has thrived as a member of the European Union and NATO, allowing companies run successful businesses in the Central European country that joined the EU in 2004. "Yet today, we are increasingly seeing an Ally that relies upon its NATO Allies, but feels comfortable disregarding the interests of those same Allies and our Alliance, including during a time of war in Europe," Pressman said. Sweden's NATO membership is pending ratification byTurkey and Hungary. Budapest opposes Russia's invasion of Ukraine, but Orban has kept up close relations with Moscow - partly due to Hungary's continued energy dependence on Russia.
Persons: David Pressman, Ally, Pressman, Vladimir, Putin, Viktor Orban's, Orban, Orban's, Krisztina, Marguerita Choy Organizations: U.S, NATO, European Union, Central European, EU, NATO Allies, Alliance Locations: BUDAPEST, Budapest, Russia, AmCham, U.S, Hungary, Europe, Ukraine, Washington, Moscow, Turkey
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsCompanies Iberdrola SA FollowRwe Ag FollowMADRID, Dec 5 (Reuters) - Spanish renewable energy giant Iberdrola (IBE.MC) and UAE clean energy developer Masdar have formed a 15 billion euro ($16.2 billion) alliance to invest in offshore wind and green hydrogen in countries including Germany, Britain and the United States. The agreement announced on Tuesday follows a pledge by 118 countries at the COP28 climate summit in Dubai to triple the world's renewable energy capacity by the end of the decade as they seek to wean themselves off fossil fuels. "Reaching this goal will require immediate action from these governments and the private sector," said Iberdrola Executive Chairman Ignacio Galan. "With an abundance of wind resources, the UK and Europe are prime markets for Masdar," said Masdar Chief Executive Mohamed Jameel Al Ramahi. Last week Masdar and Germany's RWE (RWEG.DE) said they would co-develop a 3 GW wind project off the coast of Britain.
Persons: Dado Ruvic, Ignacio Galan, Mohamed Jameel Al Ramahi, Germany's, Iberdrola, Pietro Lombardi, Jakub Olesiuk, Kirsten Donovan, David Goodman Organizations: REUTERS, East Anglia, Masdar, China, Thomson Locations: MADRID, UAE, Germany, Britain, United States, Dubai, Iberdrola's, East, Spanish, Europe, Baltic
Mount Marapi volcano spews volcanic ash as seen from Nagari Batu Palano in Agam, West Sumatra province, Indonesia, December 4, 2023, in this photo taken by Antara Foto. The 2,891-metre high volcano in West Sumatra erupted on Sunday, spewing gray clouds of ash as high as 3 kilometres (1.9 miles) into the sky. Search operations for 10 missing climbers were under way on Tuesday, local authorities said, with about 200 local rescuers involved. For more than a decade, Indonesia's volcanology agency had sent monthly letters warning the environment ministry and local conservation agency that climbers should keep a safe distance from the volcano's peak, said agency head Hendra Gunawan. The volcano erupted several times in January and February 2023, but its relatively infrequent eruptions during the past decade have made it difficult to analyse, said Ahmad Basuki of the volcanology agency.
Persons: Antara, el, Indonesia's, Hendra, Rescuers, Marapi, Ahmad Basuki, Ananda Teresia, Kate Lamb Organizations: Rights, Reuters, West, Thomson Locations: Batu, Agam , West Sumatra, Indonesia, Rights JAKARTA, West Sumatra, West Sumatra's, Mt
REUTERS/Yves Herman/File Photo Acquire Licensing RightsDUBAI, Dec 5 (Reuters) - Global carbon dioxide emissions from burning fossil fuels are set to hit a record high this year, exacerbating climate change and fuelling more destructive extreme weather, scientists said. The Global Carbon Budget report, published on Tuesday during the COP28 climate summit, said that overall CO2 emissions, which reached a record high last year, have plateaued in 2023 due to a slight drop from uses of land like deforestation. Countries are expected to emit a total 36.8 billion metric tons of CO2 from fossil fuels in 2023, a 1.1% increase from last year, the report by scientists from more than 90 institutions including the University of Exeter concluded. When land use emissions are included, global CO2 emissions are set to total 40.9 billion tons this year. China produces 31% of global fossil fuel CO2 emissions.
Persons: Yves Herman, India's, Pierre Friedlingstein, Friedlingstein, Kate Abnett, Alexander Smith Organizations: REUTERS, Rights, University of Exeter, 1.5C, IPCC, Research, Energy, Clean, European, Thomson Locations: Dunkirk, France, India, China, Paris, COP28, Helsinki, U.S, European Union, Europe
HONG KONG, Dec 5 (Reuters Breakingviews) - Why would the world’s largest battery maker want to sell shares when it’s already flush with liquidity? It ended June with 102 billion yuan ($14 billion) in net cash, Moody’s calculates. CATL has just started production at a new facility in Germany and is building a plant in Hungary, its first forays West. The company’s long-term loans have increased more than tenfold to more than 70 billion yuan and its long-term bonds by around a third to nearly 20 billion yuan since 2020, per Visible Alpha. But as Zeng’s electric dreams accelerate, he’ll want to be sure CATL’s own batteries are fully charged.
Persons: it’s, CATL, Robin Zeng, Breakingviews, Tesla, Antony Currie, Thomas Shum Organizations: Reuters, Hong, Thailand’s, Ford Motor, Technology, Thomson Locations: HONG KONG, Switzerland, CATL, Hong Kong, Shenzhen, China, Europe, Germany, Hungary, Fitch, Indonesia, Swiss
After closing at its highest level of 2023 on Friday , the first day of December, the S & P 500 fell Monday. A mixed picture is revealed when looking at how every Club stock has performed in December over the past decade. The best-performing Club stock over the past 10 Decembers is Broadcom (AVGO), which has an average gain of 7.1% in the month. Salesforce (CRM) is the worst-performing Club stock in December over the past decade, falling 4.53% on average in the month. Amazon (AMZN), Coterra Energy (CTRA) and Costco (COST) round out the bottom five December performers over the past decade.
Persons: Sam Stovall, Santa Claus, hasn't, It's, Thursday's, Estee Lauder, Eli Lilly, , Jim Cramer's, Jim Cramer, Jim, Tayfun Organizations: GE Healthcare, Broadcom, Procter & Gamble, Wynn Resorts, WYNN, Salesforce, Ford, Palo Alto Networks, Coterra Energy, Costco, Amazon, Caterpillar, Jim Cramer's Charitable, CNBC, Wall, York Stock Exchange, Financial, Anadolu Agency, Getty Locations: Santa, Broad St, New York City, United States
KHAVDA, India (AP) — Rising from the bare expanse of the large salt desert that separates India from Pakistan is what will likely be the world's largest renewable energy project when completed three years from now. The solar and wind energy project will be so big that it will be visible from space, according to developers of what is called the Khavda renewable energy park, named after the village nearest to the project site. Shifting to renewable energy is a key issue at the ongoing COP28 climate summit. Once completed, it will supply 30 gigawatts of renewable energy annually, enough to power nearly 18 million Indian homes. Given this, Virmani said there is enough land in Kutch for various renewable energy projects.
Persons: , KSRK Verma, Khavda, Verma, “ It’s, Vneet Jaain, Adani, Gautam Adani, Adani Green, ” Ajay Mathur, Mathur, Abi T Vanak, Vanak, Sandip, Virmani, Hirelal Rajde, Organizations: Associated Press, Adani Green Energy Limited, Adani, Adani Group, Hindenburg, Group, International Solar Alliance, Ashoka Trust for Research, Twitter, AP Locations: KHAVDA, India, Pakistan, Singapore, Rann, Kutch, India’s Gujarat, China, United States, Bengal, Ahmedabad, Jaain, U.S, Mundra, Gujarat, Europe, Africa, Bengaluru, Denmark, Khavda
Cracks are beginning to appear in the tech-heavy Nasdaq 100 index . I have shown a chart of Invesco QQQ Trust (QQQ) which is an ETF that tracks the Nasdaq 100. Finding a stock to put on a bearish trade The stock I have picked for a bearish trade is Netflix (NFLX) . Starting Nov. 29, NFLX price candles are forming lower highs and lower lows, which is the easiest way to spot a downtrend. The trade structure I am using here is called a "bear put spread" also known as a "put debit spread".
Persons: NFLX, Nishant Pant Organizations: Netflix, Trade Management
The first option in the draft is listed as "an orderly and just phase-out of fossil fuels". The second option calls for "accelerating efforts towards phasing out unabated fossil fuels". "I don't think we're going to leave Dubai without some clear language and some clear direction on shifting away from fossil fuels," he added. China's fossil fuel emissions rose after it lifted COVID-19 restrictions, while India's rise was a result of power demand growing faster than its renewable energy capacity, leaving fossil fuels to make up the shortfall. "Leaders meeting at COP28 will have to agree rapid cuts in fossil fuel emissions even to keep the 2C target alive," he said.
Persons: Stephane Mahe, Jean Paul Prates, Patrick Pouyanne, Jennifer Morgan, Prince Abdulaziz bin Salman, David Waskow, Exeter, Pierre Friedlingstein, Kate Abnett, William James, Valerie Volcovici, Elizabeth Piper, Katy Daigle Organizations: REUTERS, Petrobras, European, Oxford University, Saudi Arabia's Energy, Bloomberg, World Resources, University of Exeter, Reuters, Thomson Locations: France, Montoir, Bretagne, Saint, Nazaire, DUBAI, COP28, Brazil's, United States, European Union, Saudi Arabia, Russia, Dubai, India, China, Paris
So far, Woods' plans have turned investors demanding an energy transition strategy into believers - at least on climate. At the same time, the company plans to have a leading role in the vehicle electrification business. Reuters GraphicsMORE OIL VS GREEN AMBITIONExxon's ambitious agenda includes starting up the world's largest hydrogen power plant by 2027. RISKY BUSINESSThe $17 billion budget for low carbon technologies as the company's total revenue grows next year "will continue to rise", the CEO said. Spending in low carbon currently is constrained by scarcity of customers willing to sign up for contracts and insufficient regulations, Woods said.
Persons: Darren Woods, Carlos Barria, Woods, , Paul Sankey, Sankey, Chris James, Dan Ammann, Goldman Sachs, Neil Mehta, Ammann, Brian Weeks, Chris Bohn, Sabrina Valle, Richard Valdmanis, Gary McWilliams, Anna Driver Organizations: ExxonMobil, Economic Cooperation, REUTERS, Exxon Mobil, Natural Resources, Chevron, Reuters, Exxon, Sankey Research, Carbon Solutions, Thomson Locations: Asia, San Francisco , California, U.S, United States, Sankey, Americas, Brazil, Guyana, Texas, Gulf of Mexico, Houston, Dubai
"There cannot be any pressure on India to cut down emissions," India's power and renewable energy minister R.K. Singh said on Nov. 30. ASIAN EMISSIONS RISETo be sure, fast-growing Asia, home to half the world's population, accounts for three-fifths of global emissions from power generation, including from sectors exporting goods and services to the west. Despite challenges, Asia, along with Europe and North America, have cut the share of coal in power use, although at a slower pace. Cuts in nuclear power have slowed Europe and North America's fight to reduce emissions, although nuclear's share of their power mix remains well above Asia's. The share of gas in power generation has risen in the West, with the fuel accounting for a shrinking share in Asia.
Persons: Tingshu Wang, R.K, Singh, Hogeveen Rutter, Rutter, ISA's Rutter, Sudarshan Varadhan, Tony Munroe, Sonali Paul Organizations: Huawei, REUTERS, U.S, European Union, North America, International Solar Alliance, Reuters, WEST, North, Institute for Energy Economics, Thomson Locations: Shaanxi, China, Asia, SINGAPORE, America, Europe, India, North America, Paris, North, North America Asia, West Asia, West, Indonesia
And with the company set to close a key acquisition this week, Danaher's stock is set up for a stronger 2024. On Tuesday, Danaher stock fell about 1.75%, to $218.25 per share. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Rainer Blair, Blair, Danaher, Jeff Marks, we've, Danaher's, Jim Cramer's, Jim Cramer, Jim, Igor Golovniov Organizations: British, Danaher, CNBC, Danaher Corporation, Lightrocket, Getty Locations: Danaher, Veralto
Subsidies are crucial to the green transition: podcast
  + stars: | 2023-12-05 | by ( Una Galani | )   time to read: +1 min
Andrew Forrest, Chairman and Founder, Fortescue Metals Group speaks at the Global Energy Transition 2022 conference in New York City, New York, U.S. June 14, 2022. REUTERS/David Dee Delgado Acquire Licensing RightsMUMBAI, Dec 5 (Reuters Breakingviews) - The world is short not of capital, but of projects to fund and sovereigns willing to share risk. In this Exchange podcast, Fortescue’s (FMG.AX) Andrew Forrest discusses why all countries need an IRA and the lessons of leading the world’s fourth-largest iron ore miner through change. Listen to the podcastFollow @ugalani on XSubscribe to Breakingviews’ podcasts, Viewsroom and The Exchange. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Andrew Forrest, David Dee Delgado, Thomas Shum Organizations: Fortescue Metals, Global, REUTERS, Rights, Reuters, Thomson Locations: New York City , New York, U.S
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