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Showing posts with label italy. Show all posts
Showing posts with label italy. Show all posts

Saturday, May 19, 2012

Student killed, 7 hurt in blast near Italy school

Student killed, 7 hurt in blast near Italy school
Italian policemen, background left, walk on the site where an explosive device went off outside "Francesca Morvillo Falcone" high school in Brindisi, Italy, Saturday, May 19, 2012

ROME (AP) -- A bomb exploded outside a high school in southern Italy named after a slain anti-Mafia prosecutor as students arrived for class Saturday, killing a teenage girl and wounding several other classmates, officials said.

The device went off a few minutes before 8 a.m. in the Adriatic port town of Brindisi just as students milled outside, chatting and getting ready for class at the Morvillo-Falcone vocational institute. The school is named after the slain anti-Mafia prosecutor Giovanni Falcone and his wife, Francesca Morvillo, a judge who was also killed in the 1992 bombing in Sicily by Cosa Nostra.

One of the wounded students, a girl who was walking alongside the victim outside the school in Brindisi, was reported in critical condition after surgery. Officials said at least seven students were injured, but some news reports put the figure at 10.

Brindisi's Perrino hospital, where the wounded were taken, declined to give out information by phone.

Dr. Paola Ciannamea, a Perrino physician who helped treat the injured at the hsopital, told reporters there that one of the injured was a teenage girl who was in grave but stable condition after surgery. She added that plastic surgery was still being performed on some of the other injured, who suffered burns in the blast.

An unidentified hospital official, briefing reporters there, said the critically injured student was in stable condition after surgery and that several of the injured students had suffered burns and is undergoing plastic surgery.

There were no immediate claims of responsibility.

Italy has been marking the 20th anniversary of the Sicilian highway attack, but it was unclear if there was an organized crime link to Saturday's explosion.

In Brindisi, local civil protection agency official Fabiano Amati said a female student died of her wounds after being taken to a hospital and at least seven other students were hospitalized.

Sky TG24TV said the victim was a 16-year-old girl.

Interior Minister Anna Maria Cancellieri, in charge of domestic security, said she was "struck" by the fact that the school was named after the slain hero and his wife, but she cautioned that investigators at that point "have no elements" to blame the school attack on organized crime.

"It's not the usual (method) for the Mafia," she told Sky in a phone interview. The Sicilian-based Cosa Nostra usually targets specific figures, such as judges, prosecutors, turncoats or rival mobsters in attacks, and not civilian targets such as schools.

"The big problem now is to get intelligence" on the attack, said Cancellieri. She added that she had spoken by phone with Italian Premier Mario Monti, in the United States for the G-8 summit.

Outside the school, textbooks, their pages flipping in a breeze, notebooks and a backpack littered the street near where the bomb exploded. At the sound of the blast, students already inside the building ran outside of the school to see what happened.

Officials initially said the device was in a trash bin outside the Morvillo-Falcone school, but later ANSA, reporting from Brindisi, said the device, consisting of three cooking-gas canisters, a detonator and possibly a timer, had been placed on a low wall ringing the school. The wall was damaged and charred from the blast.

Public high schools in Italy hold classes on Saturday mornings.

A school official, Valeria Vitale, told Sky that most of the pupils were females. The school specializes in training for jobs in fashion and social services, she said.

The bombing also follows a number of attacks against Italian officials and government or public buildings by a group of anarchists, which prompted authorities to assign bodyguards for 550 individuals and deploy 16,000 law enforcement officers nationwide.

Minister Cancellieri indicated that after the school blast, authorities' sense of what could be a possible target had been tested.

"Anything now could be a `sensitive' target," she said.

Austerity measures, spending cuts and new and higher taxes, all part of economist Monti's plan to save Italy from succumbing to the debt crisis roiling Greece, have angered many citizens, and social tensions have ratcheted up.

"The economic crisis doesn't help," Cancellieri said, referring to the tensions.

Brindisi is a lively port town in Puglia, the region in the southeastern "heel" of the Italian boot-shaped peninsula. An organized crime syndicate known as the Sacred United Crown, has been traditionally active there, but crackdowns have been widely considered by authorities to have lessened the organization's power in the region.


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Sunday, March 18, 2012

Places where people live the longest

Monaco, the beautiest city of the world
Monaco
Top 10 Hotspots for Human Longevity

In 1513, Spanish conquistador Juan Ponce de León set sail in search of Bimini, a mythical land said to house a spring that restored youth to anyone who drank from it. After scouring the Caribbean and Florida, he returned empty-handed, and the Fountain of Youth remained undiscovered. Perhaps he was just looking in the wrong place.

As part of their data collection for the World Factbook, the Central Intelligence Agency (CIA) combs through death certificates, recording race, gender, cause of death, and other factors to estimate the life expectancy of a nation's entire population. Calculating the average life expectancy of the world's total population at 67.59 years, the CIA has determined which societies live longer.

In the United states, average life expectancy is 78.49 years, well above the world's norm. Many experts attribute this to ongoing medical developments, which have dealt with conditions that used to mow us down early. Meanwhile, nations without advanced medical care report a much shorter life expectancy. For instance, citizens of the Republic of Chad in central Africa are only expected to live until their late 40s.

Despite the fact that the average American lives into his or her late 70s, the United States ranks 50th on the CIA's life expectancy list. According to the World Factbook, these 10 nations seem to have discovered the secret to longevity--no magical spring water required.
10. Italy

Italy
Italy

Average Life Expectancy: 81.86 years

Italians live an average of 3.37 years longer than Americans. Many experts draw a connection between their longevity and diet--which is more than just pasta, meat, and cheese. The Mediterranean diet is credited with lowering the risk for all sorts of diseases. The antioxidants found in olive oil and red wine--two key features of an Italian meal--can improve cholesterol, prevent blood clots, and stave off heart disease, according to the American Heart Association. Italians also rely on spices like basil, oregano, and garlic to flavor their cuisine, while Americans depend heavily on salt. As such, Italians improve their odds against high blood pressure and stroke.

9. Australia

Australia
Australia


Average Life Expectancy: 81.90 years

Australia's long life expectancy can be attributed to several factors, including relatively low smoking and obesity rates, as well as an active lifestyle enjoyed by its citizens. But many Australian medical experts insist that the secret to Aussies' longevity is universal healthcare. While the ability to obtain healthcare in the United States depends heavily on employment status and personal wealth, Australians have access to necessary care no matter how much they make. That said, Aussies shouldn't get too comfortable; the obesity rate is steadily climbing, which could undercut their longevity in years ahead.

8. Hong Kong

Hong Kong
Hong Kong


Average Life Expectancy: 82.12 years

Hong Kongers can expect to live nearly four years longer than Americans. Like Italians, people from Hong Kong can partly attribute their longer lives to their diet--rice, vegetables, and tofu are staples--and active lifestyle. Hong Kong reports a much lower obesity level than the United States does, as well as fewer instances of obesity-related health conditions, like diabetes.

7. Guernsey

Guernsey
Guernsey

Average Life Expectancy: 82.24 years

This small island in the English Channel is not a member of the United Kingdom or the European Union, despite being a British crown dependency. Its independence means Guernsey has not been affected by its neighbors' flailing economies. How does this tie into the long life expectancies of Channel Islanders? One theory: Guernsey residents live longer because they are wealthy, which affords them above-average healthcare and better nutrition. Channel Islanders are well-off, thanks to Guernsey's extremely low tax rates and high-paying jobs.

6. Andorra

Andorra
Andorra


Average Life Expectancy: 82.50 years

Several factors may explain why Andorrans outlive residents of other countries. First, this tiny nation, sandwiched between France and Spain in the Pyrenees mountains, promotes an active, outdoor lifestyle. Residents have easy access to hiking trails and ski resorts, while clean and well-maintained parks are often used for friendly games of soccer and rugby. Its citizens spend lots of time outside, which experts say can lower stress levels and consequently, cardiovascular problems like high blood pressure. Secondly, the CIA states that 100 percent of Andorra's population is educated. High education levels account for Andorra's extremely low unemployment rate. This means most Andorrans can afford high-quality nutrition and healthcare.

5. San Marino

San Marino, Italy
San Marino


Average Life Expectancy: 83.07 years

Europe's third smallest state--behind Vatican City and Monaco--and the world's oldest republic has a life expectancy that trumps the United States by 4.5 years. Money plays a major role here, as it does in both Guernsey and Andorra, but another key ingredient could be the nation's work environment. This enclave on the Italian peninsula didn't rake in its riches through manual labor. San Marino's primary industries are banking and tourism, with the majority of the Sammarinese working in office settings. This drastically reduces the number of work-related deaths--a big problem elsewhere.

4. Singapore

Singapore
Singapore


Average Life Expectancy: 83.75 years

A sound diet and a clean environment contribute to the longevity exhibited by the population of this fast-paced city-state, located on the southern edge of the Malay Peninsula. Like in Hong Kong, Singapore's cuisine centers on rice and vegetables, which are rich in nutrients that help keep residents healthy and active. Singapore's government also enforces a strict code of cleanliness--such as heavily restricted smoking areas--to ensure that all residents live in healthy surroundings. Interestingly, back in the 1980s, the government recognized that the nation's population was aging steadily, and with careful planning, Singapore now features excellent healthcare facilities and programs for the elderly.

3. Japan

Japan
Japan


Average Life Expectancy: 83.91 years

Japan boasts an impressive obesity rate: 3.1 percent compared with 33.9 percent in the United States. Much of the credit is owed to the Japanese diet, which revolves around fresh vegetables, rice, and most importantly, fish. Fresh fish is a rich source of omega-3 fatty acids, which promote healthy blood pressure levels and reduce the risk of strokes and heart attacks. In addition, omega-3 fatty acids encourage healthy brain function, helping prevent diseases like Alzheimer's. The Japanese also make healthier lifestyle choices: They tend to walk more and not overeat.

2. Macau

Macau
Macau


Average Life Expectancy: 84.43 years

Like several other nations on this list, Macau can attribute its high life expectancy, at least somewhat, to its fruitful economy. But why this tiny nation in the South China Sea is so prosperous might surprise you: Gambling is its main source of revenue, and 70 percent of the money generated on the casino floor is reportedly invested by the Macau government in public healthcare. The island boasts a variety of casinos, many of which are owned by the same bigwigs who gave Las Vegas its "Sin City" reputation. In January 2012, Macau welcomed 2,461,640 visitors looking to test Lady Luck.

1. Monaco

Average Life Expectancy: 89.68 years

Residents of Monaco live, on average, 5.25 years longer than the second longest-living nation, Macau; that's approximately a decade longer than the average American. Monaco shares several aspects with other long-living nations, including an abundance of wealth and state-funded healthcare. Monaco residents also live on a Mediterranean diet, which is associated with a reduced risk for a variety of health problems, including cardiovascular disease and high blood pressure. But many say it's Monaco's relaxing atmosphere that keeps residents hanging on until a ripe old age. Its location along the Mediterranean Sea and clean environment do their part to reduce stress, which can lower immunity and contribute to cardiovascular diseases. Maybe Ponce de León should have stayed closer to home in his search for the Fountain of Youth.

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Saturday, January 14, 2012

Three die as cruise ship runs aground in Italy

cruise ship drown in italy
Cruise Ship
PORTO SANTO STEFANO, Italy (Reuters) - At least three people were killed and rescuers were searching for other victims on Saturday after an Italian cruise ship carrying more than 4,000 people ran aground and keeled over.

A rescue operation involving lifeboats, ships and helicopters was continuing hours after the 114,500-tonne Costa Concordia hit a sandbar near the island of Giglio on Friday evening. Photographs showed a large gash along its side.

"At the moment, we have about 40 men at work and we're expecting specialist diving teams to arrive to check all the interior spaces of the ship," said fire services spokesman Luca Cari.

"We don't rule out the possibility that more people will be lost.

"This is difficult because the ship is enormous," Cari said, adding that it was lying on its side on the seabed and would probably not sink further.

Passengers said disaster had struck during their evening meal.


PANIC

"We were sitting down to dinner and we heard this big bang. I think it hit some rocks. There was a lot of panic, the tables overturned, glasses were flying all over the place and we ran for the decks where we put on our lifevests," passenger Maria Parmegiano Alfonsi told Sky Italia television.

Police and passengers quoted on television spoke of some people jumping off the listing, 290-metre-long ship.

The multi-storey luxury vessel settled on its side, partly submerged, just a few hundred meters (yards) from the shore. Authorities declined to speculate on the causes of the accident.

"There will certainly be an investigation but at this stage it's impossible to determine exactly what happened," said Italo Spalvieri of the Guardia di Finanze in the nearby port of Livorno.

Many of the 3,200 passengers and 1,023 crew were taken to the mainland port of Porto Santo Stefano where they were given shelter in schools, churches and other public buildings.

The website of the ship's operator, Genoa-based Costa Crociere, had apparently collapsed under the volume of searches but the company set up a helpline to answer public enquiries. Costa said it would cooperate fully with authorities.

There was no word on the identities of casualties.

Most of the passengers were believed to be Italian but people of several other nationalities were thought to be on board.

"We are going through the list of passengers at a reception centre that's been set up but most of the passengers didn't have their papers with them of course, so it's been difficult to get full identification," an official said.


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Friday, December 16, 2011

How vulgar! £1 million 24-carat gold Rolls-Royce is unveiled

Rolls-Royce
Rolls-Royce

Rolls-Royce
Rolls-Royce
The Rolls-Royce has always had a history of elegance and class - until now.

That prestigious reputation has been smashed by the world's most vulgar makeover of the company's iconic Ghost model.

An Italian fashion design house has created a gold-covered monstrosity costing more than £1 million.

The Fenice Milano 'Diva' has been spray painted in 24-carat gold and the company is so proud of it they have described the model as a 'true.masterpiece.'

It is fitted with the same 6-litre twin-turbocharged engine of the Ghost, giving the saloon more than 560bhp and a top speed of 155mph.

Fenice Milano believes their Rolls-Royce is a 'synonym for class, elegance and style'. many would disagree.

The interior has biscuit leather and 24-carat gold throughout. The standard Ghost costs £220,000 but the Diva is now for sale at £1.05million.

Phillip Brooks, a Rolls-Royce historian, described the car as 'bizarre' but also 'spectacular'.

He said: "I think what Fenice is doing with the Ghost is quite interesting. It's certainly a case of gilding the lily, but the gilding job looks pretty good.

'My personal taste doesn't run to something like a Diva, but I think it would be great fun to show up in one. All in all, perhaps a slightly bizarre car, but a very neat one.'




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Monday, November 21, 2011

Top Gold Owning Countries of the World - 2011

gold
Gold Bar
Central banks are contributing to world gold demand. The latest data from the World Gold Council indicate even more changes among the nations holding the most in gold reserves. Those are also some of nations whose creditworthiness is now under question during the debt crisis in Europe. 24/7 Wall St. looked at the 13 nations with the highest gold reserves, as well as two institutions, to see how each might affect future gold demand.

While investment demand was the key driver to increased gold demand during the past quarter, it is central bank gold buying and selling that is going to be a key factor for demand ahead. The council projected that central bank demand is expected to continue as creditworthiness woes of western governments has come front and center. In fact, the council also cited many new central bank entrants have emerged as they move to diversify reserves. Further, the council sees this increased central bank activity trend continuing into 2012.

24/7 Wall St. reviewed the top 13 nations that hold the lion’s share of the world’s gold reserves, according to the World Gold Council’s International Financial Statistics. Of course, many nations will have new gold reserve data in 2012. And some of the data remained unchanged from prior months. Our aim here is to show which nations probably are increasing or lowering their gold reserves into 2012 and why.

The European credit crisis and emerging market weakness are what is likely behind central banks’ demand. Total gold demand rose 6% in the third quarter from a year earlier to 1,053.9 tonnes. This equates to roughly $57.7 billion — an all-time high in value terms. Investment was the large driver for increased gold demand, while jewelry demand was soft.

These are The 13 Countries That own The World’s Gold.

13) Venezuela holds 365.8 tonnes.
Venezuela increased its gold reserves by nearly 5%. Hugo Chavez may be no friend to the United States, but oil sales and business nationalization (or seizure) has continued to add more wealth to the nation’s government. Venezuela’s population is only 27 million and it is the sole Latin American country among the top nations holding gold. In 2010, Venezuela bought 3.1 tonnes, according to the World Gold Council. That’s after buying 4.1 tonnes locally in 2009. Venezuela has continued adding gold, and if history is an indicator it is likely to keep adding gold.

12) Portugal holds 382.5 tonnes.
Surprisingly, one of the PIIGS nations (Portugal, Italy, Ireland, Greece, Spain), Portugal, is also a top holder of gold. The European nation has a population of almost 11 million people. Does this go back to the days of its empire building ambitions, or is it because the nation was able to remain neutral in World War II? If Portugal is really in such dire straights, perhaps the Europeans could start demanding that Portugal pledge some of its gold reserves to bolster its finances. Portugal has already been a part of the prior Central Bank Gold Agreement as a seller in recent years, so it seems logical that the nation would be selling to hold up on its debt and entitlement obligations.

11) Taiwan holds 423.6 tonnes.
Taiwan is another surprise as one of the world’s largest gold holders. It has a vast electronics sector, and maybe its high gold holdings help it stay financially relevant in its long ongoing confrontation with China. The nation is already considered wealthier than many neighboring countries on a per capita basis. The accumulation of gold by China makes it unlikely Taiwan would sell much gold now.

10) India holds 557.7 tonnes.
India’s gold holdings are still officially the same as they were at the beginning of the year, but it seems likely that it will increase its central bank holdings. The nation has about 1.2 billion people and its economy is growing — even though the government has fought inflation in 2011. Gold is entrenched in Indian culture that India is likely to continue accumulating more gold. Almost one-third of the world’s jewelry demand comes from India, and the country acquired 200 tonnes of the IMF gold sales in late-2010. India would seem to be a buyer of gold not just in 2012, but in the years ahead.

9) The Netherlands holds 612.5 tonnes.
Another fairly small nation with only 16.6 million people is ranked as a top holder of gold. The nation used to hold even more gold but it was a seller of gold from at least 2003 to 2008 under the Central Bank Gold Agreement in Europe. Maybe Holland could help to create a Dutch-led bailout for the PIIGS in Europe. The country’s gold holdings seem unlikely to change very much in 2012.

8 ) Japan holds 765.2 tonnes.
Japan has had to deal with two decades of a sluggish economy and its currency is currently considered a safe-haven for international investors. The Japanese people are known for keeping cash under their mattresses. The yen feels inflated with its huge debt-to-GDP and no growth. Prices for Japanese goods are getting too expensive for foreigners due to the strength of the Yen. The country is also still recovering from its tsunami and nuclear incident from earlier in 2011. Perhaps Japan will have proven to be a seller in 2011 rather than trying to bolster its foreign currency reserves. If not, it should be.

7) Russia holds 851.5 tonnes.
Russia has been gobbling up gold to bolster the ruble in the past and this appears to be the case this year as well. The new figure of 851.5 tonnes of gold compares to a previous figure earlier this year of 784.1 tonnes. The council had also noted earlier that Russia accumulated some 120 tonnes during the first 10 months of 2010, and that was after adding over 100 tonnes in 2009 and almost 70 tonnes in 2007. The new figure was due to increased purchases after the prior cut-off date. With Russia having vast oil and commodity reserves and with Russia aiming to increase its clout in the world as a financial powerhouse, it seems a shoe-in that it will have proven itself as a buyer of gold into 2012.

6) Switzerland holds 1,040.1 tonnes.
Switzerland already had to take measures earlier this year to halt the appreciation of the Swiss franc. It is hard to imagine that the nation would be buying gold to prop up its currency even after considering reports in recent years that it ran out of places to securely store gold. Switzerland sold gold under the Central Bank Gold Agreement from 2003 to 2008 before the great gold rush. With a mere 7.6 million people, how much gold does the nation really need? This country could easily lighten up on its gold reserves without its benchmark currency status being challenged.

5) China holds 1,054.1 tonnes.
China has added and added to its gold reserves. There is no reason to expect that to abate, particularly after Barron’s pointed that China is seeking a reserve currency status in the generation ahead. China has a population of 1.3 billion people and a fast-growing economy. The country also bought more than 450 tonnes of gold from 2003 to 2009 and 200 tonnes or more during 2010. With the pressure to get away from the dollar peg, assuring the value of the yuan only leaves the purchase of gold or other hard assets.

4) France holds 2,435.4 tonnes.
The French are not in the same boat as Italy and the rest of the PIIGS, but predicting what will happen with France’s gold reserves is very difficult. With a debt rating downgrade possibly coming down the pipe, France is the second largest foundation of the euro and of the European Union. The nation was part of the Central Bank Gold Agreement as a seller, but this was all before the major run-up in gold and before its own finances have come under question during the European debt crisis. It seems that more light selling is expected, although maybe the nation needs more hard assets as a reserve.

3) Italy holds 2,451.8 tonnes.
Italy was in the Central Bank Gold Agreements as a seller, but now it is the largest concern of Europe and of the PIIGS. It would seem that the Italians are unlikely to sell off their gold reserves. However, it is also likely that to fend off weakness some would argue for asset pledges. The nation has a new government and its economic growth is expected to be limited at best. Releasing gold might address some of Italy’s budget gaps and economic problems. Because Italy’s debt problems are quite large, it is likely that it would be a gold seller into 2012. If not, perhaps pledging those holdings is a runner-up scenario.

2) Germany holds 3,401.8 tonnes.
Germany remains the foundation of the European Union and of the euro. The nation was a seller of gold for coins under the Central Bank Gold Agreements from at least 2003 to 2008, but the sales were not really enough to put a serious dent in its gold reserves. It is hard to see Germany being a buyer of gold, but it likely cannot be a large seller either because it is the largest foundation of the euro. Selling too much gold could further pressure the troubled euro. Still, euro bailout funds have to come from somewhere and Germany could sell some additional gold without challenging its No.2 position among the nations holding gold reserves.

1) United States holds 8,133.5 tonnes.
The U.S. has already lost its prized AAA credit rating and it has magically created a vast amount of dollars to support the bailouts and stimulus packages. The U.S. could always try unloading some gold to fight future commodity price pressures, but the U.S. has now reached the point of leverage and deficits that it has to hold hard assets to fend off another challenge to the dollar as the world’s top reserve currency. Any gold sales today would likely have to be countered by large gold purchases in the future.

Looking from 2011 to 2012, Central Banks, Investment and More
The International Financial Statistics on the World Gold Council’s November report shows that the IMF holds 2,814 tonnes of gold. This technically puts the IMF somewhere between Germany and Italy. If the IMF is going to support bailouts and stabilization efforts, it is easy to consider where that money will come from. After all, the IMF cannot exactly print currency. The IMF’s Executive Board approved the sale of 403.3 tonnes in September 2009, which came to about one-eighth of its total gold holdings at the time.

The European Central Bank had some 502.1 tonnes of gold, according to the same November report. This is more than Taiwan, but less than India.

There are some key statistics to consider as 2011 comes to an end. Investment demand rose 33% from a year ago to 468.1 tonnes in the third quarter, worth about $25.6 billion. Central bank demand in the third quarter added 148.4 tonnes, an obvious effort to support currencies and credit ratings.

The world gold supply was up only 2% to 1,034.4 tonnes in the third quarter over a year earlier. Mine production was up 5% to 746.2 tonnes, while recycling activity was up 13% to 379.1 tonnes.

The investment segment showed that ETFs and investments accounted for 77.6 tonnes, but this was dwarfed by actual gold bars at 294.2 tonnes. Official coins came in a close third place at 76.2 tonnes and another 20 tonnes were for medals and imitation coins. European investment demand reached a record quarterly value of 4.6 billion Euros for 118.1 tonnes, a gain of 13%.

Also, watch Chindia. Chinese jewellery demand was 13% higher year-on-year at 131.0 tonnes; China’s investment demand for gold bars and coins rose 24% to 60.2 tonnes. Indian jewellery demand was down 26% in its seasonally slow quarter and it was compounded by high inflation and gold price volatility, although yearly demand at the end of September was called “very close to the record levels seen in 2010.”

If you tally up the top 15 entities here, the total is close to 26,000 tonnes of gold before counting any of the ETF products. The total tonnes of gold reserves from the International Financial Statistics cited by the World Gold Council is 30,708.3 tonnes. The SPDR Gold Trust (NYSE: GLD) lists some 1,277.36 tonnes worth over $71.5 billion today, but that is live data rather than just third quarter data released by the World Gold Council.

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