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☆ 'Oppenheimer' fact v. fiction: A nuclear historian breaks down what the movie got right and wrong
▼ + stars: | 2023-07-21 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +18 min

J. Robert Oppenheimer was an immensely complex figure, and the movie's based on a biography of him. Fact: Oppenheimer mocked Strauss about isotopesJ. Robert Oppenheimer testifies before the Senate in October 1945. Fact: A big thunderstorm delayed the Trinity TestOppenheimer (Cillian Murphy) stands next to the test bomb in "Oppenheimer." If it weren't for the atomic bomb, Oppenheimer would likely be best known for bolstering theoretical physics at the University of California, Berkeley. Fiction: Oppenheimer consulted Einstein about Teller's calculations(L-R) Tom Conti as Albert Einstein and Cillian Murphy as J. Robert Oppenheimer in "Oppenheimer."

Persons: Christopher Nolan's, Oppenheimer, Robert Oppenheimer, J, Alex Wellerstein, Kai Bird, Martin Sherwin, Wellerstein, Niels Bohr wasn't, Patrick Blackett, Bird, Sherwin, Blackett, Niels Bohr, Ernest Rutherford, Bohr, Oppenheimer's, Cillian Murphy, Abraham Pais, Baudelaire, e.e, cummings, who's, Haakon Chevalier, Peter, Peter Oppenheimer, Kitty, Haakon, Barbara Chevalier, Robert, Perro, Werner Heisenberg, peppering Bohr, Heisenberg, Strauss, David Hill, Lewis Strauss, Dwight D, David Inglis, Inglis, I've, Arthur Compton, Trinity Test Oppenheimer, Jack Hubbard, Leslie Groves, Hubbard, Feynman, Richard Feynman, I'm, Groves, Robert Serber, David Bohm, Philip Morrison, Willis Lamb, Hitler, Hartland Snyder, Kip Thorne, John Wheeler, Roger Penrose, Penrose, Murphy, Trinity, there's, —, Karl T, Compton, Stimson, Henry Stimson, that's, Harry Truman, Wallenstein, Einstein, Tom Conti, Albert Einstein, Melinda Sue Gordon, Edward Teller, Hans Bethe, Enrico Fermi, Bethe, Roger Robb, He's, Teller, Stanislaw Ulam, Gordon Dean, Charlotte Serber, Charlotte Serber's, she's, Serber Organizations: Service, Manhattan Project's Los Alamos Laboratory, Stevens Institute of Technology, Cambridge, Eisenhower's, Federation of American Scientists, Time, Atomic Energy Committee, Trinity Test, Trinity, Los, University of California, Clovis, National Security Research, Manhattan Project . National Security Research, FBI Locations: Wall, Silicon, England, Leiden, Holland, New Mexico, Perro Caliente, Los Pinos , New Mexico, Germany, Nazi, Denmark, Sweden, Los Alamos, Europe, Berkeley, Poland, Amarillo , Texas, Japan, Kyoto, Alamos

☆ Henry Searle ends Britain’s 61-year wait for a Wimbledon boys’ singles champion
▼ + stars: | 2023-07-16 | by ( Aimee Lewis | ) edition.cnn.com time to read: 1 min

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☆ Searle ends Britain's 61-year wait for Wimbledon boys' singles success
▼ + stars: | 2023-07-16 | by ( ) www.reuters.com time to read: 1 min

July 16 (Reuters) - Henry Searle ended Britain's 61-year wait for a boys' singles title at Wimbledon when he beat Russian fifth seed Yaroslav Demin 6-4 6-4 in the final on Sunday. Searle, who fired nine aces and 22 winners to wrap up the win in 83 minutes, claimed the title without dropping a set in the tournament. "It's amazing to play on Court One," said the 17-year-old Searle, who beat four seeded players en route to the title. Britain's last boys' title at the grasscourt Grand Slam came when Stanley Matthews, son and namesake of the Ballon d'Or-winning footballer, won in 1962. Reporting by Aadi Nair in Bengaluru; editing by Clare FallonOur Standards: The Thomson Reuters Trust Principles.

Persons: Henry Searle, Yaroslav Demin, Searle, it's, Stanley Matthews, Aadi Nair, Clare Fallon Organizations: Wimbledon, Thomson Locations: Russian, Bengaluru

☆ Lawmakers tussle over GOP efforts to thwart ESG investing
▼ + stars: | 2023-07-12 | by ( Chelsey Cox | ) www.cnbc.com time to read: +4 min

WASHINGTON — House lawmakers clashed Wednesday over federally mandated environmental, social and governance disclosure requirements for companies rolled out amid concerns over growing climate disasters. The GOP majority committee members decried the disclosure rules as part of a broader push to discourage ESG investing nationwide. Democrats defended them as necessary to promote responsible investing to reduce inequities and curb climate change. "These politically motivated regulations not only discouraged private companies from going public but also hinder the competitiveness of American public companies." Democratic Rep. Maxine Waters, meanwhile, criticized Republicans' attempts to undermine what she called the federal government's responsibility to hold public companies accountable for ESG.

Persons: Patrick McHenry, Maxine Waters, David Marcus, Facebook’s Calibra, Biden, Waters, Gary Gensler, Joe Biden, Andy Barr, Benjamin Zycher, Zycher, Juan Vargas, Vargas Organizations: Financial, Consumers, Investors, American, WASHINGTON —, Republican, Financial Services, GOP, Securities and Exchange, SEC, Democratic, ESG, European Union, Labor Department, Republicans, American Enterprise Institute Locations: Washington , U.S, McHenry, R, Ky

☆ Major business group slams disclosure rules as House Republicans probe ESG investing
▼ + stars: | 2023-07-10 | by ( Emily Wilkins | ) www.cnbc.com time to read: +2 min

WASHINGTON – As Republicans in the House dig in to investigate environmental, social and governance, or ESG, investing, a major industry group that represents thousands of companies is urging them to make reforms. The letter is addressed to committee Chairman Rep. Patrick McHenry, R-N.C., and ranking member Rep. Maxine Waters, D-Calif. The letter underscores the business muscle behind the GOP's battle against policies that back ESG investing. ESG investing has become a heated policy battleground. Progressive Democratic lawmakers have pushed back, arguing that considering ESG makes investors more aware of potential risks and opportunities.

Persons: Patrick McHenry, Maxine Waters, David Marcus, Facebook’s Calibra, McHenry, ESG Organizations: Financial, Consumers, Investors, American, WASHINGTON –, National Association of Manufacturers, Financial Services Committee, SEC, CNBC, NAM, Johnson, Exxon Mobil, Pfizer, Progressive Democratic Locations: Washington , U.S, R

☆ Jehovah's Witnesses charged with child sexual abuse in Pennsylvania
▼ + stars: | 2023-07-09 | by ( Maria Sole Campinoti | ) edition.cnn.com time to read: +6 min

CNN —Five members of Jehovah’s Witnesses congregations were charged with child sexual abuse by the Pennsylvania’s attorney general on Friday, following a yearslong investigation into allegations of sexual abuse in the religious community. The defendants and victims were all part of Jehovah’s Witnesses congregations at the time of the alleged abuse. Balosa, from Philadelphia, has been charged with indecent assault, aggravated indecent assault, and corruption of minors, according to a criminal docket filed in Philadelphia County. He allegedly engaged in inappropriate sexual conversations with a 16-year-old boy he was mentoring within the Jehovah’s Witnesses congregation. In October, the Pennsylvania’s attorney general charged four other members of Jehovah’s Witnesses congregations with child sexual abuse, according to a news release.

Persons: Michelle Henry, David Balosa, Errol William Hall, Shaun Sheffer, Terry Booth, Luis Manuel Ayala, Velasquez, ” Henry, Sheffer “, ”, Benjamin Steinberg, dockets, general’s, Balosa, Hall, Sheffer, Booth, Ayala, “ Organizations: CNN, Northampton counties Locations: Pennsylvania, Philadelphia , Delaware, Butler, Allegheny, Northampton, Philadelphia, Philadelphia County, Delaware County, Butler County

☆ How a Mentor to At-Risk Young Men Spends His Sundays
▼ + stars: | 2023-07-02 | by ( Tammy Lagorce | ) www.nytimes.com time to read: +2 min

Before Toddrick Brockington got his job at the Henry Street Settlement, a nonprofit that supports Lower East Side residents, he served 26 years in prison for homicide. Sometimes I lay there; sometimes I stand in the window and look out and try to orient myself for the day. That’s a peaceful time for me, because it’s like I’m the only one up and I have the world to myself. I’m in the process of reading “Outliers” by Malcolm Gladwell for the third time. When I went to prison, I didn’t have a G.E.D., so I obtained my G.E.D.

Persons: Toddrick Brockington, ”, Brockington, Malcolm Gladwell, Henry, James Allen Organizations: Henry, Henry Street, La Guardia, Reading Locations: Lower, Side, West, Bronx, La

☆ Red Sox owners buy Boston team in Tiger Woods and Rory McIlroy's golf league
▼ + stars: | 2023-06-26 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

Another sports powerhouse has joined the ownership ranks of the golf league being developed by Tiger Woods and Rory McIlroy. Woods, McIlroy and McCarley founded TMRW Sports Group (pronounced "tomorrow") last year in partnership with the PGA Tour. At the time, it was seen as a response to the Saudi-backed LIV Golf league, which was embroiled in a bitter legal fight with the PGA Tour. This month, however, the PGA Tour and LIV agreed to merge business interests to form a new company. McIlroy is one of the biggest public critics of LIV, and Woods reportedly rejected a massive offer to join the Saudi-funded league.

Persons: Tom Werner, John Henry, Tiger Woods, Rory McIlroy, Henry, Werner, Reddit, Alexis Ohanian, Serena Williams, Venus Williams, Mike McCarley, McIlroy, McCarley, LIV, Woods Organizations: Boston Red Sox, Fenway Sports Group, TGL, Major League Baseball's Boston Red Sox, Liverpool Football Club, National Hockey League's Pittsburgh Penguins, Los Angeles, TMRW, Woods, TMRW Sports, PGA, LIV Golf, Saudi Locations: New England, Los, FSG, Saudi

☆ Bull market or fool's market? Investors say the latter
▼ + stars: | 2023-06-18 | by ( Krystal Hur | ) edition.cnn.com time to read: +10 min

Mega-cap tech stocks that were battered by rising interest rates in 2022 have also seen a huge boost this year. The Federal Reserve on Wednesday held interest rates steady but indicated that it could hike rates twice more this year. Tech stocks’ record runApple shares closed at a record high on Thursday, creeping closer to reaching a $3 trillion market capitalization. The rally’s next testDespite some bullish signs in the market, investors say the math isn’t adding up to a sustained rally — especially considering a possible recession looms on the horizon. The central bank last Wednesday paused interest rates and indicated that it could raise rates two more times this year.

Persons: Dow, ”, Amanda Agati, Wednesday’s, Stocks, Joe Biden, Dan Ives, “, ” Ives, Richard Steinberg, Jerome Powell, Agati, Sylvia Jablonski, Christopher Waller, Thomas Barkin, ” Waller, Sarah Henry, Henry, Here’s, Price, Refinitiv, Paul Eitelman, ” Eitelman Organizations: CNN Business, Bell, New York CNN, Apple, Nasdaq, PNC Financial Services, Management, “, Federal Reserve, Nvidia, Wedbush Securities, Microsoft, The Colony, Treasury, ”, Federal, Richmond Fed, Logan Capital Management, CPI, PPI, University of, Consumers, North America, Russell Investments, Wednesday, National Association of Realtors, Senate Locations: New York, what’s, Oslo

☆ The New War on Bad Air
▼ + stars: | 2023-06-17 | by ( Emily Anthes | ) www.nytimes.com time to read: +1 min

In January 1912, in the depths of a New York City winter, an unusual new apartment complex opened on the Upper East Side. The East River Homes were designed to help poor families fend off tuberculosis, a fearsome, airborne disease, by turning dark, airless tenements inside out. Floor-to-ceiling windows opened onto balconies where ailing residents could sleep. One of the paramount lessons of the Covid-19 pandemic is that fresh air matters. Although officials were initially reluctant to acknowledge that the coronavirus was airborne, it soon became clear that the virus spread easily through the air indoors.

Persons: ”, Henry Shively Organizations: Homes Locations: New York City

☆ At least 42 dead, thousands homeless after floods in Haiti
▼ + stars: | 2023-06-05 | by ( ) www.reuters.com time to read: +1 min

June 5 (Reuters) - Flooding from torrential rains in Haiti has left at least 42 people dead over the past couple days and dozens more missing and injured, officials said on Monday. The civil protection agency said on Twitter on Monday the death toll had risen since Sunday night after floods over the weekend hit various parts of the country, including near the capital Port-au-Prince. Aid agencies have been delivering food to displaced persons as civil protection officials warned over the weekend that the agricultural sector in parts of the country had been hard hit. The deadly floods come as Haiti faces an already difficult scenario amid rampant gang violence, which the head of civil protection told the Miami Herald had impeded rescue efforts. The rains coincide with the start of the Atlantic hurricane season, which runs from June to November.

Persons: Ariel Henry, Isabel Woodford, Angus MacSwan Organizations: Twitter, ., Miami Herald, Atlantic, Thomson Locations: Haiti

☆ Inside a debt ceiling standoff ‘far more dangerous than people will recognize’
▼ + stars: | 2023-05-31 | by ( Jeremy Diamond Lauren Fox Melanie Zanona Phil Mattingly Arlette Saenz Kevin Liptak | Jeremy Diamond | Lauren Fox | ) edition.cnn.com time to read: +17 min

“She’s well respected by both sides,” McCarthy said of the former longtime House Appropriations Committee staffer, according to White House officials. “Asking me about the communication (with the White House) implies there was communication,” one House Democrat said. For the White House negotiators, that meant late nights and early mornings. The White House negotiators left Capitol Hill abruptly and for hours, it was unclear when the conversations would resume. Quietly, White House negotiators had never actually stopped talking to their Republican counterparts.

Persons: Joe Biden, Kevin McCarthy, McCarthy, “, “ You’ve, ” Rep, Patrick McHenry, Biden, Steve Ricchetti, Shalanda Young, Louisa Terrell, ” McCarthy, James S, Alex Wong, Young, Garret Graves, ” Graves, Graves, Tom Cole of, ” Cole, White, Jeff Zients, McHenry, ‘, Chuck Schumer, Hakeem Jeffries, Ricchetti, ”, ” Terrell, Dan Meyer, –, apprised, decamping, ’, Anna Moneymaker, nonstarters, ” McHenry, McHenry –, —, Susan Walsh, businesslike, Biden’s, Eisenhower, Zients, Jose Luis Magana, Young –, Louisianans –, Jim Clyburn, Clyburn, Annie Kuster, ” Kuster, wasn’t, ” Young Organizations: CNN, White, ”, Republican, Legislative, Young, Management, Brady, Capitol, White House, GOP, McCarthy’s, Pennsylvania, Capitol Hill, U.S, Biden, Democrat, Democratic, Republicans, Building, Air Force, West Executive, LSU Tigers, South Carolina Democrat, New Democrat Coalition, Democrats Locations: Irish, Washington , DC, Louisiana, Tom Cole of Oklahoma, McHenry, Hiroshima, Japan, Washington

CNN —House Speaker Kevin McCarthy helped secure a debt limit deal – now he has to secure its passage in the House, with little room for error and a looming threat to his speakership. In a win for McCarthy, a key Republican said he expects to support a rule to set parameters for debate. The powerful House Rules Committee must still vote to adopt the rule, but with that anticipated support, it is now on track to do so — a hurdle that must be cleared before the bill can come to the House floor for a final vote. If he did not support the rule, the debt limit bill may have been unable to advance to the House floor. Roy and Norman have both emerged as leading critics of the bipartisan debt limit bill.

Persons: Kevin McCarthy, –, McCarthy, “, it’s, Thomas Massie, Massie, Chip Roy, Texas, Ralph Norman of, Carolina –, Roy, Norman, ” Massie, Glenn Beck, can’t, Jim Jordan, Ohio, he’s, McCarthy’s, ”, Patrick McHenry, ” McHenry, “ I’m, McHenry Organizations: CNN —, GOP, Treasury Department, CNN, Republican Locations: Kentucky, Carolina

☆ For Brian Henry, Finding Krump ‘Felt Like Home, but a Better Version’
▼ + stars: | 2023-05-30 | by ( Brian Seibert | ) www.nytimes.com time to read: +1 min

Henry said he’s had plenty of experiences like that. “Or people try to fit me into a box. And if they don’t fit me into the box, I don’t get to dance.” His work with Miller, though, has been “an actual collaboration.”Miller agreed. Much of what Miller supplied was a concept, an idea about the prehistoric origins of art, a frequent topic for her. Those, he said, were “all they gave of me.” This one is “all of me.”And who is that?

Persons: Henry, he’s, ”, “, Miller, ” Miller, doesn’t, Sharone Halevy Locations: ”

☆ Biden and McCarthy's bumpy journey to a debt ceiling deal
▼ + stars: | 2023-05-29 | by ( Steve Holland | ) www.reuters.com time to read: +6 min

During months of tense exchanges over the U.S. debt ceiling, McCarthy has also taken some swipes at Biden. Arguing that Biden should meet him to discuss his demands for lifting the debt ceiling in March, McCarthy made fun of the 80-year-old president's advanced age. "I would bring lunch to the White House. But it also preserves much of Biden's Inflation Reduction Act and punts the next debt ceiling showdown into 2025, which Republicans hate. Although he initially called for the debt ceiling to be raised without negotiations, he ended up making compromises.

However just ahead of the expected call between Biden and McCarthy, Republican deal negotiator Patrick McHenry told reporters "major disagreement" remained between his party and Biden's Democrats. That's what we've offered with our approach to raising the debt ceiling, with work requirements for able bodied folks to get back in the workforce. The two sides have tentatively reached an agreement that would raise the debt ceiling by enough to cover the country's borrowing needs through the November 2024 presidential election. Republican Representative Dan Bishop reacted with anger to the idea of extending the debt ceiling through the next presidential election. A failure by Congress to raise its self-imposed debt ceiling before June 5 could trigger a default that would shake financial markets and send the United States into a deep recession.

"Things are looking good," Biden told reporters. "I'm hopeful," said McHenry, one of House of Representatives Speaker Kevin McCarthy's lead negotiators with the White House. Negotiators are discussing a deal that would lift the limit for two years, but remain at odds over whether to stiffen work requirements for some anti-poverty programs. WORK REQUIREMENTS IN DISPUTEThe safety-net programs remained a sticking point. Biden in particular has resisted the work requirements for Medicaid, which covered 85 million Americans as of January.

WASHINGTON — Urgent talks to raise the U.S. debt ceiling appeared to move closer to a deal Thursday, with only seven days to go before the United States faces an imminent threat of debt default. But negotiators warned that the final phase of talks would likely be the most delicate and difficult for both sides. "We're at a sensitive phase, with sensitive issues that remain. "They've got work in the White House, we have work here in the Capitol. Read more: What Republicans want in exchange for raising the debt limitAt the White House, President Joe Biden sounded a cautiously optimistic note.

Persons: Garret Graves, Patrick McHenry, we've, McHenry, They've, Read, Joe Biden Organizations: Republicans, Capitol Hill Club, WASHINGTON, Republican, White House, White Locations: R, Washington, United States, North Carolina

☆ Morning Bid: Showdown on the ceiling
▼ + stars: | 2023-05-09 | by ( ) www.reuters.com time to read: +5 min

With world markets still at an impasse on the extent of the economic slowdown and chance of recession, the U.S. debt ceiling impasse remains unresolved - and Tuesday's showdown at the White House is one of the few opportunities left to resolve it. Biden meets Republican House of Representatives Speaker Kevin McCarthy for the first time since February. There are only six days this month when the House and the Senate are in session when Biden is in Washington. Longer-term Treasury yields remain under wraps, however, with 2-year yields hovering just under 4%. DEBT CEILINGBeyond the debt ceiling row, the picture of the wider economy remains equivocal.

☆ As earnings season winds down, investors turn to Tuesday's debt ceiling meeting
▼ + stars: | 2023-05-06 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

With only a small fraction of the S & P 500 left to report quarterly earnings, investors are now turning their focus to another major hurdle for the markets and economy: the debt ceiling crisis. Earlier this week, we looked back to debt limit crisis of 2011 for potential lessons. The protracted fight ultimately ended in an agreement in early August of that year, but it was a choppy summertime ride for investors. Within the portfolio, Wynn Resorts will report Tuesday, after the closing bell, and Disney will report on Wednesday, after the closing bell. Estee Lauder (EL) and Emerson Electric (EMR) reported earnings before the opening bell.

☆ Hundreds of pounds of pasta dumped in Old Bridge, New Jersey
▼ + stars: | 2023-05-05 | by ( Adrienne Vogt | ) edition.cnn.com time to read: +5 min

This question had residents of Old Bridge, New Jersey, scratching their heads over the past few days, although part of the mystery may have been solved. Uncooked spaghetti found along a stream in Old Bridge, New Jersey, in a photo taken by resident Nina Jochnowitz, who said all kinds of things are dumped in the Jersey woods. The Old Bridge Department of Public Works mopped up “what appeared to be 15 [wheelbarrow] loads of illegal dumped pasta along a creek in a residential neighborhood,” Shah said. Full disclosure: Old Bridge is my hometown. Two Old Bridge residents (again, full disclosure: my parents) made a previously unplanned stop on Thursday afternoon near the scene, and my dad walked through the wooded area.

☆ Regional bank stocks could be a market afterthought in the week ahead
▼ + stars: | 2023-05-05 | by ( Scott Schnipper | ) www.cnbc.com time to read: +7 min

For the immediate economic and earnings and growth outlook, it almost seems irrelevant whether regional bank stocks rally, steady or sell off more next week. Regional banks were top of mind for investors this past week, as First Republic failed , the SPDR S & P Regional Banking ETF tumbled more than 10% — twice the five-day loss in the S & P 500 Energy Index, the hardest hit S & P sector — and lenders such as PacWest Bancorp and Western Alliance Bancorp lost billions in market value. And, for all that, the S & P 500 only fell about 0.75% this week. Now the conventional wisdom on Wall Street is that regardless of how the regional bank stocks trade, it's a given that bank lending officers are going to pull in their horns and risk management desks will grow more risk averse. But stocks still face a host of issues, none of which are going away next week.

☆ Opinion | Tucker Carlson, ‘White Men’ and the Lynch Mob Mentality
▼ + stars: | 2023-05-03 | by ( Charles M. Blow | ) www.nytimes.com time to read: +1 min

How did the people in these mobs — made up mostly of white men in the American accounts I’ve read — rev themselves up to peak barbarity? I have stared at the pictures of glassy-eyed men and boys (and sometimes women) standing beneath dangling bodies or standing above charred ones. I have read the histories of communities consumed by the desire to not only kill, but to mutilate. In 1893, Henry Smith, a Black man accused of killing a white girl, was lynched in Paris, Texas, before a crowd estimated at 10,000 people. His body was burned with “red-hot” irons “inch by inch until they were thrust against the face.” His eyes were burned out and the hot irons shoved down his throat.

☆ Digital “Chicago Plan” fixes many financial woes
▼ + stars: | 2023-04-28 | by ( Edward Chancellor | ) www.reuters.com time to read: +7 min

The economists’ solution – often called the Chicago Plan – was to remove commercial banks from the money-creating business. One of the main problems of a central bank digital currency (CBDC) is that it would compete with old-fashioned bank deposits. With the digital money supply increasing in line with the economy’s potential growth, roughly as Friedman advised, inflation would soon come under control. Non-bank lenders like Apollo Global Management (APO.N) would have an enhanced role under the digital Chicago Plan. At present, there’s little chance of the digital Chicago Plan coming to pass.

☆ 'Crypto is dead in America,' says longtime bitcoin bull Chamath Palihapitiya
▼ + stars: | 2023-04-24 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +4 min

"Crypto is dead in America," Palihapitiya said in the latest episode of the All-In podcast. Securities and Exchange Commission Chairman Gary Gensler has said crypto trading platforms should abide by strict U.S. securities laws. "You had Gensler even blaming the banking crisis on crypto," Palihapitiya said. The SEC has ramped up its enforcement of the crypto industry, bearing down on companies and projects that the regulator alleges were selling unregistered securities. In early 2021, Palihapitiya predicted on CNBC that bitcoin would rise from $39,000 at the time to $100,000 and then up to $200,000.

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