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The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew KellyNEW YORK, Aug 8 (Reuters) - John Rogers, an influential Goldman Sachs (GS.N) executive, will step back from his role as chief of staff next month, according to an internal memo. He will be succeeded by Russell Horwitz, a Goldman veteran who will rejoin the bank after working at Citadel, according to the memo. Goldman Sachs profit dropped 60% in the second quarter, missing estimates, as writedowns in the investment bank's consumer businesses and real estate investments weighed on earnings. Horwitz, who previously worked at Goldman for 16 years, will rejoin Goldman Sachs as a partner and a member of the management committee, reporting to Solomon, the memo said.
Persons: Goldman Sachs, Andrew Kelly NEW, John Rogers, Russell Horwitz, Rogers, Dodd, Frank, David Solomon, John, Goldman, Tom Montag, Horwitz, Solomon, Saeed Azhar, Conor Humphries Organizations: New York Stock Exchange, REUTERS, Andrew Kelly NEW YORK, Goldman, Citadel, Reuters, New York Times, Thomson Locations: New York City , New York, U.S
Russell Horwitz has been named David Solomon's new chief of staff at a difficult time for the CEO. Russell Horwitz, a partner and former chief of staff to CEO Lloyd Blankfein, is returning to the firm after roughly two years away. Another, Jake Siewert, left Goldman for Warburg Pincus in June 2021. Horwitz left soon after. He has Washington experienceLike Rogers, Horwitz also has a past working in Washington DC.
Persons: Russell Horwitz, David Solomon's, Horwitz, Goldman, John F, Rogers, Goldman Sachs, Lloyd Blankfein, David Solomon, John Rogers, Jon Corzine, Ronald Reagan, Gerald Ford, Joshua Roberts, Solomon, John Waldron, Fiona Carter, Carter, Dina Powell McCormick, Gregg Lemkau, Byron Trott, Jake Siewert, Warburg Pincus, Blankfein, He's, Ken Griffin, John, David, Pablo Salame, Umesh Subramanian, Arthur Levitt Organizations: Goldman, The New York Times, Reuters, BDT, MSD Partners, Miami . Partners, Citadel, Citadel Horwitz, Washington DC, Securities and Exchange Commission, Clinton Locations: Miami, Citadel's, Washington
Taiwan's armed forces hold two days of routine drills to show combat readiness ahead of Lunar New Year holidays at a military base in Kaohsiung, Taiwan, January 11, 2023. REUTERS/Ann WangTAIPEI, Aug 2 (Reuters) - Taiwan's military vowed on Wednesday to step up counter-espionage efforts as authorities investigated several serving and former military officers suspected of spying for China. China, which is pressing the island to accept its sovereignty, has in recent years mounted a sustained espionage campaign to undermine democratically governed Taiwan's military and civilian leadership, a Reuters investigation has found. "Betraying your own fellow soldiers and country should be punished by law strictly," he said, adding that authorities had been working hard to prevent such incidents happening again. China's Taiwan Affairs Office did not immediately respond to a request for comment.
Persons: Ann Wang, Hsiao, Alex Huang, Yimou Lee, Robert Birsel Organizations: REUTERS, Reuters, army's Aviation, Special Forces Command, Central News Agency, CNA, Chinese Communist Party, Taiwan Affairs Office, Thomson Locations: Kaohsiung, Taiwan, Ann Wang TAIPEI, China, Taoyuan, Taipei
Taipei CNN —The signing of a trade pact between Taiwan and the United States will play a key role in helping the island counter its diplomatic isolation from China, according to Taiwan’s top trade negotiator. Taipei has described the initiative as the most comprehensive trade agreement between the United States and Taiwan since Washington switched diplomatic recognition to Beijing in 1979. But Chinese pressure is not the only hurdle facing Taiwan’s trade negotiators like Deng, as trade deals could also become a politically sensitive issue on the island itself. In 2014, a controversial service trade agreement between Taipei and Beijing — which was passed by the then ruling Kuomintang — resulted in mass student protests, known as the Sunflower Movement. They opposed it because it would allow meat products containing ractopamine, an animal feed additive common in the United States.
Persons: John Deng, , ” John Deng, John Mees, Deng, Mao Ning, Kuomintang —, , Will Ripley Organizations: Taipei CNN, CNN, Taiwan Affairs Office, Trans, Pacific, Sunflower Movement, Student Locations: Taipei, Taiwan, United States, China, Washington, Beijing, Britain, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, Peru, New Zealand, Singapore, Vietnam, Kuomintang
These drones range from jet-powered, long range surveillance aircraft to small quadcopters deployed by ground troops. Taiwan should accelerate mass production of a range of military drones to boost self-reliance in the struggle with Beijing, it concluded. U.S. drones range in size from two-kilogram, hand-launched drones to 14,500-kilogram long range surveillance drones. Unlike Taiwan, China began mass-producing unmanned aircraft long before the Ukraine conflict. Hundreds of technology experts, including specialists in AI, were recruited to the military, according to UCSD analyst Cheung.
Persons: Tsai Ing, , Tsai “, Max Lo, , Hawk Yang, Yang, Tsai, Joe Biden, , Lo, Tai Ming Cheung, ” Cheung, Nancy Pelosi, ” Tsai, Chang, Xi Jinping, Xi, Cheung, ” Elsa Kania Organizations: Reuters, People’s Liberation Army, Thunder Tiger Group, , Communist Party, Taiwan, Taiwan Affairs Office, U.S . Department of Defense, White, Pentagon ., Teal, University of California, PLA, U.S . House, Airborne, Washington -, Strategic & International Studies ., Royal United Services Institute, 20th Party Congress, UCSD, Center, New, New American Security, China's Ministry of Defense, Pentagon Locations: Russia, Ukraine, Taipei, Taiwan, China, Asia, United States, Australia, Japan, South Korea, America, Republic of China, “ China, Kinmen, Beijing, Washington, Pentagon . U.S, U.S, University of California San Diego, Chiayi, Strategic & International Studies . Ukraine, London, Chang Kong, Today, New American
BEIJING, July 11 (Reuters) - Xia Baolong is the head of China's recently created Central Office for Hong Kong and Macau Affairs, according to an official statement that showed him as chair of a meeting in that capacity on Tuesday. Separately, Zhou Ji, Zheng Yanxiong, Zheng Xincong were named as deputy directors of the state council's Hong Kong and Macau Affairs office, state media Xinhua reported. The Beijing-based Central Office for Hong Kong and Macau Affairs - created earlier this year as part of broad institutional reforms - reports directly to the ruling Communist Party and not to the State Council, or cabinet. The top office was formed based on the long-existing Hong Kong and Macau Affairs Office under the State Council. Reporting by Ryan Woo; Editing by Muralikumar Anantharaman and Ed OsmondOur Standards: The Thomson Reuters Trust Principles.
Persons: Baolong, Zhou Ji, Zheng Yanxiong, Zheng Xincong, Ryan Woo, Muralikumar Anantharaman, Ed Osmond Organizations: Macau Affairs, Xinhua, Office, Communist Party, State Council, Macau Affairs Office, Thomson Locations: BEIJING, Hong Kong, Macau, Beijing
MEKELLE, Ethiopia, July 10 (Reuters) - Curled up on a hospital bed in Ethiopia's northern Tigray region, an emaciated little girl struggles to breathe, as her father softly strokes her gaunt face and her mother sits crying. Her doctor says she is dying, a new victim of an acute food shortage in a region blighted by two years of war and struggling with drought. [1/9]Woldegebrial Abadi, 36, holds the hands of his severely malnourished newborn son Berhanu Woldegebrial at the Samre Hospital, in Samre, Tigray Region, Ethiopia, June 23, 2023. REUTERS/Tiksa NegeriAid flows to Tigray resumed after the November ceasefire but were temporarily halted earlier this year. The Ethiopian government spokesperson did not respond to a Reuters request for comment on rising levels of hunger in the Tigray region or the resumption of aid flows to the area.
Persons: gaunt, Tsige Shishay, Teklay Hagos, Mekelle, Abadi, Berhanu Woldegebrial, Gebrehiwot, Getachew Reda, Gebremiskel, Woldesilassie Gebremedhin, gesturing, Giulia Paravicini, Estelle Shirbon, Edmund Blair Organizations: Reuters, Food Programme, Samre, REUTERS, Tiksa, WFP, U.S . Agency for International Development, USAID, Disaster Risk Management, Ethiopian, Twitter, Tiksa Negeri, Thomson Locations: MEKELLE, Ethiopia, Ethiopia's, Tigray, Tigray's, Samre, Tigray Region, Tiksa Negeri, Mekelle, Nairobi
The America That Americans Forget
  + stars: | 2023-07-07 | by ( Sarah A. Topol | Glenna Gordon | ) www.nytimes.com   time to read: +3 min
Each base is under the control of a different commander, who sets different regulations on who can come inside and how. During my time on the island, I visited all of the large bases run by different branches or subservices — Andersen Air Force Base, Naval Base Guam and Marine Corps Base Camp Blaz. Leevin T. Camacho, Guam’s outgoing attorney general, took me through Andersen Air Force Base to visit his family’s land. Naval Base Guam was significantly easier to get onto, paradoxically because unescorted visitors were not allowed at all. “I’m not ashamed to say I think of it once in a while,” Roy had told me.
Persons: , Blaz, T, Camacho, Andersen, muttered, Roy, “ I’m, ” Roy, , Organizations: — Andersen Air Force Base, Naval Base, Marine Corps Base, Army, Air Force, Guam National Armed Guard, Andersen Air Force Base, Naval Base Guam Locations: Guam, Naval Base Guam, United States, Korean
TAIPEI, July 7 (Reuters) - China has launched a misinformation campaign that includes news reports Taiwan's president has an "escape plan" in the event of a Chinese invasion, aiming to sap morale as Beijing presses the island to accept its sovereignty, Taiwan officials said. China's Taiwan Affairs Office did not respond to a request for comment. Some of the media reports were first published by online news sites run by China's Taiwan Affairs Office before appearing in media outlets in Taiwan and Hong Kong, according to the officials and a Reuters review of the reports. The officials said the Chinese campaign was overseen by Beijing's Central Leading Group for Taiwan Affairs, which is chaired by President Xi Jinping, and carried out by various government units including the Taiwan Affairs Office in Beijing. "They want to sell fear," said one of the sources, a senior official familiar with Taiwan's security planning.
Persons: Han Kuang, Tsai Ing, Xi Jinping, Yimou Lee, Ben Blanchard, Rob Birsel Organizations: Reuters, Taiwan Affairs Office, Taiwan, U.S, China's Taiwan Affairs Office, Beijing's Central, Group, Taiwan Affairs, Affairs Office, People's Liberation Army, Thomson Locations: TAIPEI, China, Beijing, Taiwan, United States, Taipei, Hong Kong, U.S, Pacific
TAIPEI, July 7 (Reuters) - China has launched a misinformation campaign that includes news reports Taiwan's president has an "escape plan" in the event of a Chinese invasion, aiming to sap morale as Beijing presses the island to accept its sovereignty, Taiwan officials said. China's Taiwan Affairs Office did not respond to a request for comment. The officials said the Chinese campaign was overseen by Beijing's Central Leading Group for Taiwan Affairs, which is chaired by President Xi Jinping, and carried out by various government units including the Taiwan Affairs Office in Beijing. "They want to sell fear," said one of the sources, a senior official familiar with Taiwan's security planning. Reporting By Yimou Lee; Additional reporting by Ben Blanchard; Editing by Rob BirselOur Standards: The Thomson Reuters Trust Principles.
Persons: Han Kuang, Tsai Ing, Xi Jinping, Yimou Lee, Ben Blanchard, Rob Birsel Organizations: Reuters, Taiwan Affairs Office, Taiwan, U.S, China's Taiwan Affairs Office, Beijing's Central, Group, Taiwan Affairs, Affairs Office, People's Liberation Army, Thomson Locations: TAIPEI, China, Beijing, Taiwan, United States, Taipei, Hong Kong, U.S, Pacific
China complains to France after Chinese tourists hurt in riots
  + stars: | 2023-07-02 | by ( ) www.reuters.com   time to read: +1 min
The Consulate General's formal complaint called for France to ensure the safety of Chinese citizens and their property, the statement said. The bus was attacked by rioters on Thursday, according to state broadcaster CCTV, during violence which hit French cities in recent days since the police shooting of a teenager of North African descent. The Chinese tourists have since left France, the Consular Office statement said. Chinese citizens in France or heading to France should "strengthen prevention" and be "more vigilant and cautious" in light of the riots which have swept across the country in recent days, the Consular office statement added. Reporting by Ziyi Tang and Martin Quin Pollard; Editing by Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.
Persons: Ziyi Tang, Martin Quin Pollard, Muralikumar Organizations: China's, China's Consular, Thomson Locations: BEIJING, Marseille, France, North, Paris, Nice, Strasbourg
The interior ministry said 719 people were arrested on Saturday night, fewer than the 1,311 the previous night and 875 on Thursday night. Their action ... made for a quieter night," the ministry said on Twitter. The biggest flashpoint overnight was Marseille, where police fired teargas and fought street battles with youths around the city centre late into the night. MAYOR'S HOME ATTACKEDIn Paris, police increased security overnight at the city's famous Champs Elysees avenue after a call on social media to gather there. Paris police said six public buildings were damaged and five officers wounded overnight.
Persons: Nahel, Emmanuel Macron, Laurent Nunez, teargas, Juan Medina, MAYOR'S, Elisabeth Borne, Bruno Le Maire, Yann Wernert, Jacques Delors, Elizabeth Pineau, Benoit Van Overstraeten, Alison Williams, Alex Richardson Organizations: Authorities, Twitter, France, REUTERS, China's Consular, MAYOR'S HOME, Finance, Thomson Locations: Paris, North, PARIS, France, Moroccan, Nanterre, Germany, Marseille, China, L'Hay, Nice, Strasbourg, tobacconists, tatters, Berlin
Don Harold, a subway aficionado who sometimes used subterfuge to save vintage train cars from the junkyard — cars that are now among the star attractions of the New York Transit Museum in Downtown Brooklyn — died on June 14 in a nursing home in Bayside, Queens. Mr. Harold, whose maternal grandfather was a Brooklyn trolley motorman and inspector, adored the hulking relics that once rumbled and screeched on subway and elevated tracks. “When she was falling apart, they fixed her,” he said in an interview with The New York Times in 2003. “You don’t sell her for scrap.”He got his chance to save train cars when he was hired in 1965 in the public affairs office of the city’s Transit Authority. His supervisor already knew about his passion for the old rolling stock and felt that he could be an effective preservationist.
Persons: Don Harold, Downtown Brooklyn —, Thomas Jablonski, Harold, Organizations: New York Transit Museum, The New York Times, city’s Transit Authority Locations: Downtown Brooklyn, Bayside , Queens, Brooklyn, of
"They hope to influence Taiwanese people by reaching out to the grassroots," said one Taiwan security official with direct knowledge of the matter. "They hope to influence swing voters who don't have particular political affiliation and would vote for whoever gives them benefits." It is illegal under Taiwanese law for an election campaign to receive money from "external hostile forces," including China. The report said the underground banking systems in Taiwan, which are widely known but difficult to regulate, could provide foreign exchange support. Some Taiwanese have been prosecuted in recent years over receiving illicit support from China in election campaigns.
Persons: Tsai Ing, China's, Wellington Koo, Tsai, Yimou Lee, Gerry Doyle Organizations: Reuters, National Security Council, Chinese Communist Party, Taiwan Affairs Office, Democratic Progressive Party, Mainland Affairs Council, Thomson Locations: TAIPEI, China, Beijing, Taiwan, Wellington, New Taipei City
Leah Millis | Afp | Getty ImagesBEIJING — Secretary of State Antony Blinken underscored the importance of the economic aspects of the bilateral U.S.-China relationship during his high-stakes trip to Beijing earlier this week. The German Chamber of Commerce in China said that during her Beijing trip, Baerbock visited German company Flender, a gearbox manufacturer. Chairman Colm Rafferty and Vice Chair Roberta Lipson attended the meeting with Blinken on behalf of AmCham China. Slowing growthRegulatory challenges aside, a more pressing issue for businesses is slower economic growth in China and the U.S. in the last few months. He said the growth of major economies such as China is in the U.S. interest and described the economic relationship as "vitally important."
Persons: Antony Blinken, Xi Jinping, Leah Millis, Blinken, Michael Hart, Hart, Annalena Baerbock, Baerbock, Colm Rafferty, Roberta Lipson, AmCham, Xi, Gabriel Wildau, Teneo, Central Foreign Affairs Office Wang Yi, Qin, Trump, Yellen, Joe Biden, it's, Biden Organizations: of, People, Afp, Getty, BEIJING —, State Department, American Chamber of Commerce, CNBC, German, of Commerce, The U.S . Department, State, Communist, Central Foreign Affairs Office, Qin Gang, U.S . Federal Reserve Locations: Beijing, BEIJING, U.S, China, AmCham China, The, China U.S, Taiwan
Aly Song | ReutersBEIJING — U.S. Secretary of State Antony Blinken said Monday he failed to revive military-to-military talks with China, despite earlier hopes of reopening that communication channel. China's Defense Ministry declined a call with its U.S. counterpart in early February after the discovery of an alleged Chinese spy balloon over U.S. airspace. Blinken told NBC News on Monday that the spy balloon "chapter should be closed." "I think it's absolutely vital that we have these kinds of communications, military to military," Blinken said. The U.S. shot down the alleged Chinese spy balloon in February.
Persons: Biden, , Aly Song, Antony Blinken, Xi Jinping, Central Foreign Affairs Office Wang Yi, Qin Gang, Blinken Organizations: Reuters, Reuters BEIJING —, China's Defense, U.S, Communist, Central Foreign Affairs Office, NBC, Pacific Command Locations: Beijing, China, Reuters BEIJING, Reuters BEIJING — U.S, Singapore, U.S, Taiwan Strait, Taiwan
“The suffering was too much.”In a statement to the court after she was charged, Gold denied that she and her brother were sex traffickers. Emirati authorities do little to protect these women, according to anti-trafficking activists, Nigerian authorities and interviews with trafficked women. Human traffickers keep African women in sexual slavery by playing on their financial desperation and creating webs of manipulation and coercion, the reporting shows. This article is part of a reporting collaboration led by ICIJ, Trafficking Inc., which is examining sex trafficking and labor trafficking in many parts of the globe. The UAE made sex trafficking a crime in 2006 and has established an interagency anti-trafficking panel and opened shelters for survivors.
Persons: Christy Gold’s, Gold, Christiana Jacob Uadiale –, they’d, , , ICIJ, Fatima Waziri, NAPTIP, Angus Thomas Organizations: United Arab, International Consortium of Investigative Journalists, Reuters, UAE, Gold, Emirates, NBC, Investigative Journalism, Dubai, UAE Ministry of Foreign Affairs, Nigeria’s National Agency for, U.S . State Department Locations: Nigerian, Nigeria, Dubai, British, United Arab Emirates, Gulf, UAE, , , Ghana, Gold, Europe, South Asia, Africa, Abu Dhabi
39 ancient monoliths were swept away from a site in France to make room for a DIY store. The stones, thought to date back 7,000 years, are in a region famed for its standing stones. Montaubin is on the edge of the Carnac region of France famed for its menhirs, or ancient standing stones. The nearby tourist sites of Ménec, Kermario, and Kerlescan, which collectively hold around 3,000 ancient stones, are carefully managed. Mr BricolageThe UNESCO application, if it goes through, will see the sites more closely regulated.
Persons: , Christian Obeltz, Olivier Lepick, Louise Chaulin, Mr Bricolage, Bricolage, Lepick, Obeltz Organizations: Service, UNESCO, Brittany Cultural Affairs Office, Agence France, Local Locations: France, Montaubin, Ouest, Carnac, Ménec, Brittany, UNESCO
Chris Licht's exit as CEO of CNN gives Warner Bros. Jeff Zucker, whose title was president, led CNN successfully — if not without controversy — for nine years. The CEO title didn't empower Licht, who was seen as executing Zaslav's vision, not his own. Without a CEO title. If Zaslav anoints a Licht replacement without the CEO title, even if the functions of the job don't change much, media observers will see it as a less lofty role.
Persons: Chris Licht's, Jeff Zucker, Licht, WBD, David Zaslav, that's, — Zucker, Zaslav, Zucker, David Leavy, should've, Organizations: CNN, Warner Bros, CNN Worldwide, WarnerMedia News, Sports, Trump, Street Journal
CNN CEO Chris Licht has been hit with a torrent of criticism since a profile of him dropped Friday. CNN media reporter Oliver Darcy wrote that Licht had "lost the room." This time, it's coming from inside the house, as CNN media reporter delivered a brutal assessment of Licht in Monday night's Reliable Sources newsletter. "In the wake of The Atlantic's explosive story, I've spoken with dozens of staffers across the company," Darcy wrote. In fairness to Licht, Darcy also reported that the "somber" remarks the CEO delivered on Monday had "struck the right tone."
Persons: Chris Licht, Oliver Darcy, Licht, Darcy, Puck's Dylan Byers, Byers, Darcy wasn't, David Zaslav, Zaslav's, Zaslav, David Leavy Organizations: CNN, Morning, The Atlantic, Warner Bros Locations: Trump, America, Zaslav
CNN CEO Chris Licht reportedly looked like he'd "just survived a car wreck" after last month's Trump town hall. Still, he has largely stood by his decisions around the town hall. CNN CEO Chris Licht wore the "expression of a man who had just survived a car wreck" after the network's Trump town hall last month, according to an expansive new profile in The Atlantic. Alberta described the morale inside CNN following the town hall as abysmal. "I had never witnessed a lower tide of confidence inside any company than in the week following the town hall at CNN," he wrote.
Persons: Chris Licht, Licht, Tim Alberta, MAGA, , Kaitlan Collins, Oliver Darcy, Christiane Amanpour, Donald Trump, David Leavy Organizations: CNN, , Republican, Trump, Columbia Journalism School Locations: Trump, Alberta, America
CNN CEO Chris Licht is about to get some help running his news network from a longtime close confidant of Warner Bros. Discovery chief executive officer David Zaslav. Licht has hired David Leavy as CNN's new chief operating officer, the company announced Thursday. Reporters and staffers openly criticized Licht's decision to air a Donald Trump town hall with legions of screaming fans last month. Licht has since acknowledged production issues with the production while standing behind the decision to broadcast a live Trump town hall.
Persons: Chris Licht, Warner, David Zaslav . Licht, David Leavy, Leavy, Licht, Licht's, Donald Trump, Zaslav Organizations: CNN, Warner Bros . Discovery, Warner Bros, Washington , D.C Locations: Trump, Washington ,
Vodafone Group and Nestlé have set up panels of experts to double check environmental claims before they appear on products and marketing, a move by the multinationals to avoid allegations of so-called greenwashing. The U.S. Federal Trade Commission is updating its environmental marketing guidelines and the EU has proposed that businesses need to offer scientific evidence. The panels at Nestlé and Vodafone are examples of how companies are stepping up their due diligence of green claims in response to mounting scrutiny, tighter regulation, shifting consumer preferences and the threat of lawsuits. So far, that hasn’t happened, Mr. Reiter said. The packaged-foods company’s panels are staffed by employees from marketing, regulatory, scientific affairs, sustainability, legal and communications.
No one was present when Reuters visited the Hong Kong office of Mintz during business hours, with the doors locked and lights off. China's State Council Information Office, the Ministry of Foreign Affairs and the Hong Kong and Macau Affairs Office did not respond to Reuters requests for comment. The Hong Kong government said it did not comment on individual business decisions. Rights groups accuse Beijing of abuses against mainly Muslim Uyghurs in the western region of Xinjiang, including the mass use of forced labour. Reporting by James Pomfret in Hong Kong, Engen Than in Shanghai and Hong Kong Newsroom; Editing by Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.
[1/3] The U.S. corporate due diligence firm Mintz Group's office is seen in Hong Kong, China, May 18, 2023. No one was present when Reuters visited the Hong Kong office of Mintz during business hours, with the doors locked and lights off. China's State Council Information Office, the Ministry of Foreign Affairs and the Hong Kong and Macau Affairs Office did not respond to Reuters requests for comment. The Hong Kong government said it did not comment on individual business decisions. Reporting by James Pomfret in Hong Kong, Engen Than in Shanghai and Hong Kong Newsroom; Editing by Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.
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