asterisk2a + australia   44

How Europe's far right fell in love with Australia's immigration policy | World news | The Guardian
Espersen has studied Australia’s Pacific solution in detail, so I pushed him: where would your Nauru be? “Morocco is a very good example of a country that would possibly do it for an amount of money,” he claims. And Danish staff could run the camps. “We would run the things ourselves and pay the Moroccan authority a fee. We would also make it possible for their local grocers or butchers to come and deliver goods … There will be excellent service, I can assure you.” In the Danish right’s offshore paradise, there would be education, too. Nobody will be “living in ratholes”, he promises. [...] As with Australia and its offshore centres, what happens in Libya stays in Libya while Europe washes its hands of responsibility. If the flow of migrants surges again during the next war or climate crisis, the clamour for offshoring will only grow louder. And if the Australian model is adopted more fully in Europe, then there will be no hope for legitimate refugees to claim asylum through legal channels, and more of them will seek illegal paths to Europe.
European  Union  refugee  war  crisis  Africa  Libya  Lybien  Auffanglager  human  rights  Germany  quota  btw17  AfD  Brexit  immigration  Australia  KZ  far-right  right-wing  alt-right  neoliberalism  corporate  totalitarianism  FDP  Austria  policy  capitalism  Exploitation  Foreign  Aid  Syria  Iraq  Afghanistan  Islamophobia  Turkey  Erdogan  Merkel  UN  Asylum  Asylbewerber  book  Klimakatastrophe  Climatecatastrophe  national  security  food 
october 2017 by asterisk2a
As a Tory MP, I urge Theresa May to guarantee the status of EU nationals | Stephen Crabb | Opinion | The Guardian
In fact, no minister has yet been able to point to any group of foreign workers currently here who should not, or would not, be here in post-Brexit Britain. Furthermore, whatever free trade deals we embark upon, the governments of Australia, New Zealand, Canada and India have already indicated that they will be looking for easier access for their workers. And even before we get to these, we will need to strike a trade deal with the EU that surely will include concessions on new EU workers. //&! VIDEO!
Brexit  UK  immigration  FoM  EU  trade  deal  USA  Commonwealth  Australia  India  EEA  Canada 
february 2017 by asterisk2a
May to discuss how to boost US-UK migration with Trump, say sources | Politics | The Guardian
wie verarscht muss man sich als europaer fuehlen, wenn UK trade deals macht mit relaxter migration/visa rules? than before were in place via EU trade deal with those countries? it just reveals the prejudice to east-Europeans the xenophobia of a monolingual no-culture country gripped by austerity and fear of its poor that they will take their soup bowl away. // >> "However, the danger is that immigration policy for businesspeople and the most highly skilled becomes based on the old “kith and kin” white Commonwealth of Australia, Canada and New Zealand by default, if not by design." [...] In the case of the US, British government sources told the Telegraph May wants to explore ways to make it easier for US citizens to work in the UK and for Britons to work in the US." // but their visa immigration policy before was that for American was harder to get visa for job than any other one w same skills but additional language skills! and vice versa. now that is removed because of xenophobia In the case of the US, British government sources told the Telegraph May wants to explore ways to make it easier for US citizens to work in the UK and for Britons to work in the US. fremdenfeindlichkeit monolingual insular non-culture. better to share culture that the perceived nothing with poles slavs bulgarians.
Brexit  Australia  India  USA  trade  deal  immigration  migration  Manufacturing  Theresa  May  UK  Commonwealth  Empire  English  language  Culture  Fremdenfeindlichkeit  Xenophobia  Ausländerfeindlichkeit  EU  FoM  Freedom  of  Movement 
january 2017 by asterisk2a
Brexit: Australia eyes relaxed UK immigration under trade deal - BBC News
[ For trade deal, more relaxed immigration and Visa for Australians ... LOL LOL LOL ] The UK has been told it will have to relax its immigration rules for Australians if it wants a free trade deal with Canberra.
Alexander Downer, Australia's high commissioner to the UK, said the country would want better access for business people working in the UK before reaching a post-Brexit deal.
He said it might be possible to strike a deal within eight months of Brexit.
Brexit  immigration  trade  deal  Australia  Visa  Theresa  May 
january 2017 by asterisk2a
Immigration points-based systems compared
The campaign to get Britain out of the EU has called for an Australian-style, points-based immigration system to be applied to all migrant workers - not just those from outside the EU. So how does the UK's system - also based on points - differ from those of other countries? //&! Boris Johnson on Leave immigration plans [...] Can we have access to the single market without free movement, someone shouts as he leaves. "Absolutely," Mr Johnson replies. -
Brexit  immigration  Australia  Canada  Freedom  of  Movement  EEA  free  trade  free  trade  agreement  European  Union  Schengen  Boris  Johnson 
june 2016 by asterisk2a
Eurasia Group - 2/3 of the global population face severe water...
2/3 of the global population face severe water scarcity at least 1 month of year // even the south of UK.
water  scarcity  water  supply  water  security  food  security  National  drought  global  warming  climate  change  climate  crisis  mass  extinction  Wildfire  UK  USA  California  Australia  Africa  Asia 
february 2016 by asterisk2a
Stan Grant's powerful speech on racism and the Australian dream – video | Australia news | The Guardian
The veteran journalist and Wiradjuri man, Guardian Australia’s Indigenous affairs editor Stan Grant, has told a Sydney audience that racism is ‘at the heart of the Australian dream’, as he delivered a speech about the impact of colonisation and discrimination on Indigenous people and their ancestors.
injustice  economic  justice  racism  Australia  racial  discrimination  racial  profiling  history  meritocracy  meritocratic  racial  segregation  post-racial  America  inequality  social  mobility  income  mobility  Gini  coefficient  income  inequality  health  inequality 
january 2016 by asterisk2a
Opening up Australia's northern frontier - BBC News
A record-breaking drought in the state of Queensland has reignited calls to unlock the economic potential of Australia's under-developed and sparsely populated north. As those on the land struggle, business leaders are promoting the idea that the region could be transformed into a giant food bowl for Asia. What's needed, according to Troy Popham, the head of the Townsville Chamber of Commerce, is the vision to create a large network of new reservoirs and pipelines to help a thirsty country cope with prolonged dry spells. [ like California? ]
El  Nino  drought  Australia  climate  change  global  warming 
january 2016 by asterisk2a
China's currency devaluation could spark 'tidal wave of deflation' | Business | The Guardian
[3rd day in a row Yuan/RMB is devalued by PBOC (13/08/15)] “We’re all going to feel it: we’ll feel it through commodities; we’ll feel it through manufactured goods exports, not just from China but from everywhere that has to compete with it; and we’ll feel it through wages.” [...] China could be willing to let the yuan depreciate by as much as 25% over the next five years – “stone by stone, step by step” – in an attempt to restore the export-led growth that was such a winning formula [...] China [may be] trying to protect itself against the period of financial instability [following Taper by western central banks Fed/BOE] [or counter $ recent rise 21% & peg against $] [or fight home grown recession with kitchen sink] // &! &! &! &! &! // what is the new normal 4 growth in this global economy, competitive = keeping prices low = inflation & low interest rate pressure.
yuan  RMB  PBOC  China  devaluation  deflationary  deflation  UK  USA  Europe  Exportweltmeister  competition  competitive  competitiveness  Lohnzurückhaltung  lohndumping  secular  stagnation  western  world  globalisation  globalization  commodities  commodity  business  commoditization  Germany  Asia  Latin  America  borderless  flat  world  wage  growth  wage  stagnation  inflation  expectation  inflation  targeting  wage  pressure  productivity  output  gap  recovery  GFC  economic  history  New  Normal  hunt  for  yield  Great  Moderation  fiscal  policy  monetary  policy  QE  ZIRP  NIRP  Taper  unintended  consequences  unknown  unkown  complexity  Industrial  Revolution  2.0  IMF  SDR  currency  war  disinflation  inflation  wage  inflation  Japan  Australia  Oil  price  energy  price  Developing  Frontier  Markets  Forex  USD  British  Pound  Euro  Yen  BOJ  BOE  Fed  ECB  Bank  of  Canada  asset  bubble  macroprudential  policy  asset  allocation  productive  investment  underinvestment  business  investment  2015 
august 2015 by asterisk2a
China devalues yuan currency to three-year low - BBC News // The weakening of the currency will also put the US Fed on the spot. In effect China is exporting deflation to the US - and so some will argue that the Fed should find an elegant way to back away from its recent signalling that September will see the first rise in interest rates since the Crash of 2008. Or to put it another way, in terms of US manufacturers and exporters, Beijing has done the monetary tightening that arguably the US economy needs. // &! Apple shares reaction -5%, higher import costs. // &! - rattles the markets. // &! - Der starke Verlust des Yuan deutete darauf hin, dass China einen Währungskrieg mit dem Westen provoziert. Doch tatsächlich spiegelt der niedrige Kurs die Schwäche der chinesischen Wirtschaft. // &! 3rd day, 3 devaluation move - &! Western central banks advised to resist [taper] & 2 prepare 2 ward off deflationary slump in face of cheaper Chinese exports -
China  economic  growth  2015  yuan  currency  war  devaluation  PBOC  Taper  USA  UK  deflationary  deflation  RMB  Japan  Europe  Germany  disinflation  inflation  expectation  dis-inflation  inflation  inflation  targeting  western  world  BOE  Fed  ECB  BOJ  Brazil  Australia  commodities  IMF  SDR  Forex  Yen  USD  Euro  British  Pound  recovery  faultlines  global  trade  global  economy  globalisation  globalization  global  imbalances  savings  glut  hunt  for  yield  asset  bubble  asset  allocation  ZIRP  NIRP  QE  distortion  unintended  consequences  unknown  unkown  monetary  policy  Oil  price  energy  price 
august 2015 by asterisk2a
Rassismus in Australien: Beleidigungen gegen Aborigine Adam Goodes - SPIEGEL ONLINE
Und Goodes hat sich öffentlichkeitswirksam gegen Rassismus gewehrt. Doch damit machte er aus Sicht seiner Gegner alles noch schlimmer: Im Mai 2013 stoppte er das laufende Spiel und machte die Ordner auf ein Mädchen in der ersten Zuschauerreihe aufmerksam, das ihn gerade als Affen beschimpft hatte. Vor Zehntausenden Zuschauern wurde die 13-Jährige aus dem Stadion geführt. "Rassismus hat ein Gesicht", sagte Goodes nach dem Spiel in Melbourne: "Das Gesicht eines 13-jährigen Mädchens." Anschließend war die Wut groß. Aber der Zorn richtete sich nicht gegen die Jugendliche, sondern gegen Goodes, der es gewagt hatte, einen Teenager bloßzustellen. Mit diesem Vorfall begannen die Buhrufe gegen den Spieler mit der Nummer 37. Das Mädchen konnte unwidersprochen behaupten, es habe nicht gewusst, dass Affe eine rassistische Beleidigung sei. // &!
Australia  Aborigine  racism  Xenophobia  Gesellschaft  Zivilgesellschaft  Zivilcourage  civil  courage  civil  society  civil  rights  human  rights  discrimination  social  discrimination 
july 2015 by asterisk2a
Zwei Bürgermeister in Bayern erhalten Morddrohungen - SPIEGEL ONLINE
ISIS and 'radicalisation' used as False Flag event to curb freedom of expression which is 'not compatible' with OUR democracy and base religion - christianity
Germany  Islamophobia  Xenophobia  Homophobia  homophobic  antisemitism  Antisemitismus  UK  USA  Australia  Canada  Religion  War  on  Terror  False  Flag  ISIS  radicalism  extremism  Rechtsextremismus  minority  double  standard  GroKo  CDU  CSU  David  Cameron  Theresa  May  Conservative  Party  democracy  No  Representation  opportunist  Opportunism  Career  Politicians 
june 2015 by asterisk2a
The Moment of Truth - YouTube
minute ~32 - ~33 - ~34 :: declaring something national secret / classified, that is no harm to citizens of the country if it were public ... is anti-democratic. It is Dictatorship/Elite/Establishment-like behaviour. It is the short cut Career Politicians take for their own gain. /// +++ "Despite the impact of Snowden's disclosures, the general consensus among experts in the intelligence community holds that no amount of global outrage will affect the Five Eyes relationship, which, to this day, remains the most powerful espionage alliance in world history." +++ Sure, to use the release of the information (against Key & Government) as a grand stand may be opportunistic, but to swipe the evidence away because of it is unacceptable. It is still a Political Campaign, a Party running for election, like any other party ... would do so.
Democratic  Process  democracy  classified  NSA  BND  GCHQ  surveillance  state  Orwellian  Career  Politicians  policy  folly  policy  error  Makers  transparency  oversight  Five  Eyes  G  Zero  War  on  Terror  Edward  Snowden  Europe  UK  USA  Australia  Canada  New  Zealand  GCSB  Internet  Privacy  cyber  espionage  corporate  espionage  espionage  Glenn  Greenwald  The  Intercept  Pierre  Omidyar 
september 2014 by asterisk2a
▶ Kevin Rudd & Labor - The Past Six Years - YouTube
Thinking of voting for Labor in 2013? Take a look back at the past six years of Kevin Rudd and Labor. I am not associated or endorsed by any political party or person. No financial or personal gain results from this video. It is purely for the entertainment of political fans.
Politics  Julia  Gillard  Australia  Kevin  Rudd 
september 2013 by asterisk2a
Article: Aussie Dollar Suffers Growing Pains | ForexLive
This article makes the point that the AUD is about to included separately in IMF data as a ‘reserve currency’ That liquidity is much improved That the National Australia Bank reckons the data could show that as much as 2% of the near $11 trillion of total global reserves, or the equivalent of $200-250 billion, is being held in AUD >> "continued demand from central banks could make it harder for the RBA to drive the currency lower. But the upside is that, as central banks tend to keep their reserves for years, the Aussie is unlikely to face a selloff at the first sign of trouble, as is often the case when foreign investors dominate a market. In other words, fears of capital flight from the Aussie are overdone and the Australian currency is showing signs of growing up." >>
Australian  Dollar  reserve  currency  Australia  RBA  AUD  centralbanks  IMF 
june 2013 by asterisk2a
The Next Domino: Australia Doubles Tax On Retirement Savings | Zero Hedge
How much do you trust your government? >> Portugal, Ireland, Hungary & Co. raiding savings of ordinary people. raiding long-term funds for short-term holes. Promises are there to be broken. Laws to be rewritten. >> BOJ putting a tax in form of currency debasement (forced inflation / debt monetization) on its savers and pensioners. >> the problem with current form of democracy is - the short-term thinking that went on for 70 years.
currency  debasement  Politics  Europe  transferring-wealth  pension  scheme  IRA  BOJ  political  folly  Cyprus  Australia  democracy  greatrecession  lostdecade  policy  folly  JGB  middleclass  2013  lostgeneration  short-term  thinking  trust  pension  fund  working  poor  confidence  wealth  management  Error  401k  bail-in  trustagent  austerity  middle  class  USA  PIIGS  greatdepression  pension 
april 2013 by asterisk2a
Australian Government Blames Climate Change for ‘Angry Summer’ -
“Statistically, there is a 1-in-500 chance that we are talking about natural variation causing all these new records." A recent report in Australia highlighted how climate change was the driving force behind a series of extreme weather events throughout the country
globalwarming  Australia  weather  extreme  climatechange  extreme  weather  climate  change 
march 2013 by asterisk2a
$20 trillion shale oil find surrounding Coober Pedy 'can fuel Australia' |
SOUTH Australia is sitting on oil potentially worth more than $20 trillion, independent reports claim – enough to turn Australia into a self-sufficient fuel producer.
>> potential for a US-style “shale oil” boom in [South Australia]
>> The Wall Street Journal reported last week the US could pass Saudi Arabia as the world's largest oil producer this year, thanks to the shale oil explosion.
peakoil  heavy  metal  pollution  USA  environment  Politics  energy  policy  australia  toxic  waste  pollution  shale  oil  fracking 
january 2013 by asterisk2a
Britain's threat to Ecuador 'without precedent', says international law expert | The Australian
UK willing to use pseudo loop-hole, nobody knew about before, to get to Assange. Shows what they are willing to do, shows the pressure USA is putting on UK to get this done without a big fuss at length.

"If the United Kingdom revoked the Embassy's diplomatic protection and entered the Embassy to arrest Assange, Ecuador could rightly view this as a significant violation of international law which may find its way before an international court."


UK is again the puppet of USA. Who isn't!? China, Russia ... and Ecuador.
2012  espionage  julianassange  wikileaks  presidency  barackobama  davidcameron  diplomacy  Australia  Sweden  UK  USA  foreignaffairs 
august 2012 by asterisk2a
Australia AiG July manufacturing index 40.3 vs. 47.2 prior | ForexLive
Falls 6.9 points , lowest level in three years .”Falls in manufacturing production and employment were the major factors behind the sharp drop in the PMI” , AiG CEO said in a statement. ” The industry is experiencing substantial pressures driven by the strong Aussie dollar, cost increases, slow growth in domestic demand and competition from lower cost sources of production. “ “As suggested by another drop in new orders and with the full impact of the carbon tax (started July !st.) still to be felt, further falls in overall activity are likely in the months ahead.


Australia's domestic economy is drifting technically into recession from stall speed. Still the AUD hold up, and interest rates are high.

Hunt for returns/yield.
AUD is costly bc of hot money flowing into various assets.
Similar picture in New Zealand and Canada. All three countries have a property bubble which is about to pop. Q is when and why. Will see.
Canada  property  bubble  bubble  bubbles  policy  folly  policy  error  global-economy  global  imbalances  unintended  consequences  NIRP  QE  ZIRP  currency-war  currency  debasement  hot-money  newzealand  australia 
july 2012 by asterisk2a
Homes sell without adverts in new boom - Business - NZ Herald News
Houses in New Zealand selling without even advertising

"She said the two-bedroom unit in Remuera’s popular Victoria Ave had a pre-auction offer of $685,000 but sold for $902,000.
That won’t end well."

Yesterday, PIMCO’s Mohamed El-Erian wrote about how the global crisis and low interest rates will create bubbles in emerging markets, but the same principles apply to New Zealand. If NZ is anything like Canada, there is lots of foreign money flowing in.


Logic is hunt for yield; buy property and let it (rent it out). Best if you can buy property cash, then you don't even have to worry about mortgage rates in 5-10 years and also increases your annual return.
policy  error  policy  folly  2012  Canada  australia  property  bubble  NIRP  QE  ZIRP  bubbles  bubble  unintended  consequences 
july 2012 by asterisk2a
BIS Official Warns of Central-Bank Overreach -
BIS warns of unintended consequences of more unorthodox easing measures as politicians agree to not agree bc of their principles. Not able to acknowledge that they/we sit all in the same boat.


The unconventional measures introduced by many central banks in response to financial turmoil could create other problems if carried out for too long, the general manager of the Bank for International Settlements said Sunday.

“A worry is that monetary policy would be pressured to do still more because not enough action has been taken in other areas… “Fiscal adjustment, the repair of banks’ balance sheets and other reforms cannot be put off in the hope of better times,” Mr. Caruana said. “Relying only on central bankers but failing to act on other fronts would ultimately damage confidence and increase the risks to macroeconomic and financial stability.”

"These emergency measures could have undesirable side effects if continued for too long,"
centralbanks  India  Brazil  BRIC  australia  Canada  BoC  bubbles  PBoC  China  UK  PIIGSFB  PIIGS  USA  sovereign  debt  crisis  quantitative-easing  QE  operationtwist  ZIRP  unintended  consequences  BoJ  ECB  BoE  Fed  policy-makers  policy  folly  policy  error  politics  trust  trustagent  monetary  theory  System  monetary  policy  BIS 
june 2012 by asterisk2a
Candian FinMin: Toronto condo market getting bubblicious | ForexLive
Candian FinMin: Toronto condo market getting bubblicious
June 21, 2012

- No sign of moderation of Prices in Toronto; seeing acceleration
- Calming of market is needed
- Toronto seeing continuous building
- Consumers should reflect before jumping into market

Sounds like the government is desperately trying to halt a housing bubble without raising rates, which they can’t afford to do given the weak global economy and a crash in the price of their key export, oil.


Canada and Australia are the two countries whos housing bubble is about to pop or has already popped. Australia's data saw deterioration last times, ... guess time is up there. It's a renters market now, becoming one. Till prices have come down considerably.


- Canada got "government mortgage insurance" as did USA.
- Gov guarantees as loss back stop. Mortgage firms and Banks riding risk free - ends only badly.
monetary  policy  fiscal  policy  debt  bubble  household  debt  credit  bubble  property  bubble  australia  ZIRP  unintended  consequences  bubble  housing  Canada 
june 2012 by asterisk2a
US credit rating downgrade could be a blessing in disguise
- how Australia got in 80's downgraded and it took 17yrs to get it back.
- barack obama could have used the downgrade to his advantage, as 4trn were not reached in the agreement. instead he reiterated usa is still tripple A. and markets plunged further. obama could have use that to attack senate/congress - and to bolster his position and proposals.
australia  history  fiancial  S&P  moody's  downgrade  ratingagencies  austerity  presidency  barackobama  USA 
august 2011 by asterisk2a
All Roads Lead to Athens? | zero hedge
"From my vantage point, the trip to Greece is a little bit pleasure but mostly political. While Canada is definitely in better shape than Greece, there are some eery similarities. In particular, household debt in Canada is at record levels, spurring a Canada bubble of historic proportions, which is also aided and abated by Canada's mortgage monster. When this bubble pops -- and it eventually will -- the economy will get hit hard and our Canadian dollar will tank (still think if CAD reaches 1.10, it's a short!) and our bonds will rally (that's why Canadian bonds are still valuable)."

Add: Commodities, Speculation, VIX down, ... Australia a bubble too. Brazil. etc. 
... G8 ZIRP = created new local bubbles
... money hunts down yield, how irrational it is does not matter, as long as it bring real returns.
canada  bubble  2011  ZIRP  australia  commodities  speculation  QE  QE-2.0  hot-money 
may 2011 by asterisk2a
Hong Kong Canary Singing Commodities Boom Peaking in Aussie Mine: Real M
The little-known takeover bid for a money-losing Australian mining company by a Hong Kong limousine operator shows all the signs of a peaking commodities boom.
commodities  australia  2011 
april 2011 by asterisk2a
Gillard's Concern at Aussie's Impact Shows 'Dutch Disease' Risk - Bloomberg
Prime Minister Julia Gillard highlighted risks posed by Australia’s ties to a global commodity boom, with a patchwork economy emerging from export gains accompanied by subdued domestic spending.

The local dollar, spurred by revenue from shipments of coal and iron ore to China, has reached levels unseen since 1982 in recent weeks.
Gillard’s comments reflect a challenge faced by policy makers from Brazil to China, where strengthening exchange rates risk undermining exports unconnected to the climb in global commodity prices. While emerging markets have taken steps to stem currency gains, such as through limits on capital inflows, Australia has refrained from such measures and Gillard said she favors letting the market set the so-called Aussie.
“The domestic economy is probably weaker than expected and that reflects the fine balancing act for policy makers,” “There is a risk of a Dutch disease effect,”
australia  boom  commodities  2011  China  Asia  emergingmarkets  bubble  ZIRP  unintended  consequences 
march 2011 by asterisk2a
Australia's house prices: Iron, coal, bricks and mortar | The Economist
In a recent paper, Patrizia Tumbarello and Shengzu Wang of the  IMF show that a 10% improvement in the terms of trade tends to lift Australian property prices by about 5%. What they don't investigate is whether it raises the ratio of prices to rents. I think it's at least possible that a resource boom affects asset prices, like houses, differently from the price of a service, like rental accommodation. The bright prospects in mining and minerals will attract capital inflows into the resource sector, which might bid up the price of other assets in the economy. And in buying a house, the average Australian might see a way to crystallise the future income he expects will trickle down to him from the commodities boom.
Thanks to the improvement in the terms of trade, the average Australian's expected lifetime wealth has increased. In theory, ....
Australia  boom  2010  2011  commodities  asset  bubble  unintended  consequences  ZIRP  China  Brazil  India  Asia  outlook  globalisation  trade 
march 2011 by asterisk2a
Germany eyes wider short-selling ban as euro slides | Reuters
Berlin stunned markets last week and drew criticism from its partners including close ally France by unilaterally suspending naked short selling in euro sovereign bonds and credit default swaps as well as stocks in some financial companies.

Only Austria followed suit and since most such trading in Europe takes place in London, the German measure is largely symbolic. Naked short selling involves selling securities without owning or borrowing the underlying assets in the hope of turning a quick profit by buying them back at a lower price.

Investor worries that the euro zone debt crisis may turn into a banking crisis drove world stocks and the euro sharply down on Tuesday while safe-haven German bonds hit a record high and U.S. Treasuries rallied.
short-selling  nakedshort  germany  australia  europe  UK  may  2010  ban 
may 2010 by asterisk2a

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