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financial obligations that are unlikely to be repaid: Syndicated Lending 7th edition Mark Campbell, Christoph Weaver, 2019-12-03 This fully revised, updated and expanded edition of the industry standard text takes the reader through the complete life cycle of a syndicated loan. Beginning with the opening phase of mandating a lead bank, Syndicated Lending delves through negotiation, documentation, syndication and closing transactions to conclude with the secondary market. This seventh edition includes new supplements dealing with: • regional syndicated loan markets • growing regulatory framework • the influence of Brexit on the market • the challenges thrown up by the transition from LIBOR-based pricing to the proposed risk-free rate environment. The practice of syndicated lending is similarly explored in its historical context, by following the ups and downs of this most flexible, and enduring, financial market. Plus, while the market moves toward digitisation, summaries are provided for the leading technology solutions being developed. With practical explanations, reflecting practices developed by the LMA, from borrowers, bankers and investors, this book offers insight from industry professionals with decades of experience as well as detailed examples of pricing methodology. There is also an up-to-date discussion of documentary issues, including annotated term sheets and loan documents, contributed by Clifford Chance. This is the essential guide to the commercial and documentary aspects of syndicated lending for lenders, borrowers, investors, lawyers, regulators and service providers. |
financial obligations that are unlikely to be repaid: The Risks Arising from Local Authorities' Financial Obligations Steering Committee on Local and Regional Democracy, Council of Europe. Steering Committee on Local and Regional Democracy, 2002-01-01 The purpose of this report is to study the risks that are responsible for local authorities' financial difficulties. It provides both a theoretical and an empirical analysis based on the various financial risks facing local authorities and the means of assessing and controlling them. The report also sets out guidelines designed to help the various authorities concerned to avoid, spread and control these financial risks more successfully. |
financial obligations that are unlikely to be repaid: Bonds Are Not Forever Simon A. Lack, 2013-09-03 An up-close look at the fixed income market and what lies ahead Interweaving compelling, and often amusing, anecdotes from author Simon Lack's distinguished thirty-year career as a professional investor with hard economic data, this engaging book skillfully reveals why Bonds Are Not Forever. Along the way, it provides investors with a coherent framework for understanding the future of the fixed income markets and, more importantly, answering the question, Where should I invest tomorrow? Bonds Are Not Forever chronicles the steady decline in interest rates from their peak in the 1980s and the concurrent drop in inflation during that period. Lack explains how those two factors spurred a dramatic growth in borrowing among both governments and individuals. Along the way, Lack describes how a financial industry meant to provide capital needed to drive productivity and economic growth became disconnected from Main Street and explores the grave economic, social, and political consequences of that disconnect. Provides practical solutions for avoiding the risk of falling bond markets and guaranteed negative real returns on savings Explains how the bursting of the real estate bubble in 2007–2008 led to massive borrowing by governments as they attempted to offset a sharp fall in economic activity Details how the trends of exploding debt and a financial sector that has grown much bigger than it needs to be have dramatically changed the game for savers Offering a uniquely intimate, yet analytically thorough look at the coming fixed income crisis, Bonds Are Not Forever is must reading for investment professionals, as well as retail investors and their advisors. |
financial obligations that are unlikely to be repaid: The Ratings Game Andrew Fight, 2001-01-17 What are credit rating agencies? Many people paying for ratings and ratings reports do not fully understand what they are buying and how these agencies really work. Ratings agencies wield immense power over the fate of individual corporations, countries, and whole economies, yet their workings are remarkably opaque. Many events over the past decade, such as the Asian crisis and the demise of certain financial institutions have highlighted some of the limitations of ratings agencies, and raised questions as to their accountability and the level of service they provide. In this comprehensive account of the workings of the rating agencies,Andrew Fight explains the role played by ratings agencies, how ratings are obtained, the methodologies through which organisations are assessed and the wider consequences of these decisions. |
financial obligations that are unlikely to be repaid: Selected Decisions and Selected Documents of the International Monetary Fund International Monetary Fund. Legal Dept., 2024-03-12 This volume is the Forty-Third Issue of Selected Decisions and Selected Documents of the International Monetary Fund. It includes decisions, interpretations, and resolutions of the Executive Board and the Board of Governors of the International Monetary Fund, as well as selected documents, to which frequent reference is made in the current activities of the Fund. In addition, it includes certain documents relating to the Fund, the United Nations, and other international organizations. |
financial obligations that are unlikely to be repaid: Managing Risks in Commercial and Retail Banking Amalendu Ghosh, 2012-02-03 A practical guide to the practices and procedures of effectively managing banking risks Managing Risks in Commercial and Retail Banking takes an in-depth, logical look at dealing with all aspects of risk management within the banking sector. It presents complex processes in a simplified way by providing real-life situations and examples. The book examines all dimensions of the risks that banks face—both the financial risks—credit, market, and operational—and the non-financial risks—money laundering, information technology, business strategy, legal, and reputational. Focusing on methods and models for identifying, measuring, monitoring, and controlling risks, it provides practical advice backed up by solid theories, without resorting to the use of complicated mathematical and statistical formulas. Author Amalendu Ghosh exposes topics that are usually absent in books on managing banking risk—such as design of control framework, risk management architecture, credit risk rating, risk-based loan pricing, portfolio analysis, business continuity planning, and corporate governance. Author has extensive experience with a variety of major banks and institutions worldwide and brings a fresh perspective in the wake of the global finance crisis Presents a novel approach using models of the credit risk rating of different types of borrowers, the methodology for assigning weights for deriving the rating, and the scoring process Covers the essentials of corporate governance and options for credit risk assessment in line with the recommendations made in the New Basel Capital Accord Explains the methodology of risk-based internal audit, including techniques to enable bank branches to switch over from the old transaction-based audit methods With its logical sequence of the aspects of risk management, the book's layout is ideal for presentations, making it a handy tool for risk management training |
financial obligations that are unlikely to be repaid: China in the Asian Financial Crisis Peter Nolan, 2021-06-01 The widely held view of the Asian Financial Crisis is that it had no substantial impact on China. In fact, the country was far more vulnerable than most people realized, due to the high possibility of financial contagion entering the system from Hong Kong through Guangdong province. This book analyzes the severe policy challenge that it presented for China’s leaders. The crisis in Guangdong’s financial institutions provided a forewarning of the difficulties that lay ahead as China’s integration with the global financial system deepened. The experience of Guangdong in the Asian Financial Crisis provided a profound lesson for China’s policy-makers as they planned the country’s strategy for financial reform in the following years. China was able to avoid disaster by astute and difficult policy choices, in the face of fierce pressure from outside the country, as well as from different domestic interests at many different levels. The successful resolution of the crisis provided a breathing space for the leadership. It gave it time to undertake necessary reforms in the country's financial system in the decade that followed the crisis. |
financial obligations that are unlikely to be repaid: WILEY Interpretation and Application of International Financial Reporting Standards 2010 Barry J. Epstein, Eva K. Jermakowicz, 2010-02-05 Your one-stop resource for understanding current International Financial Reporting Standards With widespread acceptance and use of the IASB standards around the globe, the need to understand the IASB standards greatly increases. Wiley IFRS 2010 provides the necessary tools for understanding the IASB standards and offers practical guidance and expertise on how to use and implement them. The Wiley IFRS 2010 Book and CD-ROM set covers the most recent International Financial Reporting Standards (IFRS) and IFRIC interpretations. In addition, it is an indispensable guide to IFRS compliance. Detailed coverage of all previously issued IAS and IFRS standards and Standing Interpretations Committee (SIC) and International Financial Reporting Interpretations Committee (IFRIC) Equally valuable for preparers, auditors, and users of financial reports Provides a complete explanation of all IFRS requirements, coupled with copious illustrations of how to apply the rules in complex, real-world fact situations Serves as a reference guide during actual implementation of IFRS and preparation of IFRS-based financial statements To optimize your understanding, both examples created to explain particular IFRS requirements and selections from actual published financial statements are provided throughout the book, illustrating all key concepts. |
financial obligations that are unlikely to be repaid: Information on the Operations and Financing of the United Nations United States. Department of State, United States. Congress. Senate. Committee on Foreign Relations, United States. Congress. House. Committee on Foreign Affairs, 1962 |
financial obligations that are unlikely to be repaid: Battery Park City David L. A. Gordon, 2012-11-12 Battery Park City in Manhattan has been hailed as a triumph of urban design, and is considered to be one of the success stories of American urban redevelopment planning. The flood of praise for its design, however, can obscure the many lessons from the long struggle to develop the project. Nothing was built on the site for more than a decade after the first master plan was approved, and the redevelopment agency flirted with bankruptcy in 1979. Taking a practice-oriented approach, the book examines the role of planning and development agencies in implementing urban waterfront redevelopment. It focuses upon the experience of the central actor - the Battery Park City Authority (BPCA) - and includes personal interviews with executives of the BPCA, former New York mayors John Lindsay and Ed Koch, key public officials, planners, and developers. Describing the political, financial, planning, and implementation issues faced by public agencies and private developers from 1962 to 1993, it is both a case study and history of one of the most ambitious examples of urban waterfront redevelopment. |
financial obligations that are unlikely to be repaid: Hearings United States. Congress. House, 1950 |
financial obligations that are unlikely to be repaid: Hearings United States. Congress. House. Committee on Foreign Affairs, 1950 |
financial obligations that are unlikely to be repaid: A Concise American History David Brown, Thomas Heinrich, Simon Middleton, Vivien Miller, 2020-10-04 Expertly steering readers through the often tumultuous and exhilarating history of the United States, from its early modern Native American roots to twenty-first-century neoliberalism and the shifting political climate of the past decade, this highly readable textbook provides a compelling overview of American development over the last five centuries. This book avoids either celebratory or condemnatory rhetoric to present a critical examination of domestic America and its interaction with the rest of the world. Balancing coverage of political, social, cultural, and economic history, each chapter also includes a wealth of features to facilitate learning: Timelines situating key events in their wider chronology Lists of topics covered within each chapter for easy reference Concept boxes discussing selected issues in more detail Historiography boxes exploring key debates Chapter summaries offering condensed outlines of the main themes of each chapter Further reading lists guiding readers to additional resources Maps and images bringing to life important events and figures from America’s history Clearly and engagingly written and positioning America’s narrative within the wider global context, this textbook is particularly accessible for non-US students and is the perfect introduction for those new to US history. This textbook is also supported by a companion website offering interactive content including a timeline, multiple-choice quizzes, and links to selected web resources. |
financial obligations that are unlikely to be repaid: Financial Management for Public, Health, and Not-for-Profit Organizations Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, 2018-12-05 Reflecting recent changes in accounting standards, this Sixth Edition of Financial Management for Public, Health, and Not-for-Profit Organizations, by Steven A. Finkler, Daniel L. Smith, and Thad D. Calabrese, provides a comprehensive yet practical introduction to the financial decision-making and management skills required of students and practitioners in the public, health, and not-for-profit sectors. Assuming that you have no prior training in financial management, the authors artfully combine the principles, theory, and analytics of accounting and finance. In every chapter, a wide range of exercises, case studies, and problems help you develop strong financial assessment and judgment proficiencies while reinforcing the essential mechanics of accounting. |
financial obligations that are unlikely to be repaid: South Asia Bible Commentary Zondervan,, 2015-10-06 A one-volume commentary, written and edited by South Asian Biblical scholars on all the books of the Bible. |
financial obligations that are unlikely to be repaid: Federal Register , 2013-03 |
financial obligations that are unlikely to be repaid: Membership and Participation by the United States in the International Trade Organization United States. Congress. House. Committee on Foreign Affairs, 1950 |
financial obligations that are unlikely to be repaid: Federal Energy Guidelines United States. Department of Energy, 2005 |
financial obligations that are unlikely to be repaid: Pitfalls of Corporate Leadership Francis J. Clauss, 2023-03-30 Our nation is still reeling from the 346 fatalities suffered on two flights of the Boeing 737 MAX 8 planes, the first in May 2017 and the second in March 2019. These are just one of the series of costly and deadly consequences of defective products described in this book. Besides the Boeing 737 planes, the examples of bad products include automobiles, electrical energy networks, pipelines, bridges and other large structures, banks, drinkable water, and financial services. While the immediate or proximate causes of the disasters have been bad design or bad production, the root or underlying causes have been bad corporate management and business cultures caused by corporate leaders. The final five chapters provide short essays on product design, production, quality control, management, and culture and what the leaders of our private companies and government agencies might do to reduce the pitfalls that have led to so many defective products and their dire consequences. |
financial obligations that are unlikely to be repaid: Republic of Belarus International Monetary, International Monetary Fund. Monetary and Capital Markets Department, 2021-04-19 The NBRB revised in 2018 its regulation on asset classification and provisioning (the Regulation). One of the main changes was the introduction of a new definition for NPLs based on the current framework of risk groups (RGs). This definition substitutes the previous term “problem assets.” One of the intentions of the replacement is to promote international comparability by using it as a financial soundness indicator (FSI). The reported levels of this new NPLs indicator are, however, relatively low and, more important, much lower than the previous indicator, based on problem assets. The new NPL indicator levels are relatively stable, around 4 percent. The previous indicator was also stable, but the levels were more than three times higher, about 13 percent. |
financial obligations that are unlikely to be repaid: Banking Regulation René Bösch, 2012 This title provides an indispensable guide for any Scots law student of evidence, accurately covering all the necessary topics for a fundamental understanding of the law of evidence as it stands in Scotland. |
financial obligations that are unlikely to be repaid: The Mexico Economic Support Program United States. Congress. House. Committee on International Relations, 1995 |
financial obligations that are unlikely to be repaid: Membership and Participation by the U.S. in the International Trade Organization United States. Congress. House. Committee on Foreign Affairs, 1950 Considers (81) H.J. Res. 236. |
financial obligations that are unlikely to be repaid: Beiträge zur "7. Internationalen Konferenz zur Geschichte des Kiever und des Moskauer Reiches" Carsten Kumke, 1994-12-31 |
financial obligations that are unlikely to be repaid: West's Federal Practice Digest 4th , 2004 Locate federal cases decided in the U.S. Supreme Court, Court of Appeals, district courts, Claims Court, bankruptcy courts, Court of Military Appeals, the Courts of Military Review, and other federal courts. This Key Number Digest contains all headnotes, classified according to West's® Key Number System, for federal court decisions reported from 1984 to the present. The topics are listed in alphabetical order. The Key Numbers within those topics are listed in numerical order. Each topic begins with scope notes about subjects included and subjects excluded and covered by other topics. Also, there is an outline of the topic, which includes a list of all Key Numbers in that topic. Headnotes are collected by jurisdiction or court and filed according to the West Key Number System®. |
financial obligations that are unlikely to be repaid: Canadian Securities Exam Fast-Track Study Guide W. Sean Cleary, 2017-01-04 A concise and practical guide to preparing for the Canadian Securities Exam For anyone dreaming of a career in the Canadian finance industry, whether in banking, brokerage, financial planning, or mutual funds, passing the Canadian Securities Exam is the first step on the path to success. But there's a lot of material to know and almost everyone needs a helping hand. Thankfully, the Canadian Securities Exam Fast-Track Study Guide is the perfect quick-review tool covering all the basics you need to know. It includes quick hits of the key points in language that's straightforward and easy to understand. Fully updated to cover the latest topics added to the CSC curriculum, this is the perfect study guide for staying cool under pressure and getting the best score you can. An ideal way to prepare for the Canadian Securities Exam, this handy guide will have you fully prepped and ready to go in no time flat. An affordable, compact study guide that simply summarizes must-know information Features 400 sample questions, including multiple choice chapter review questions and two full practice exams, as well as cross-referencing to the CSC textbook Written by a professor of finance and the Director of the Master of Management in Finance program at Queen's School of Business, Queen's University Ideal for finance students who need a quick review of the vital information they need to pass the Canadian Securities Exam |
financial obligations that are unlikely to be repaid: World Agriculture Outlook & Situation , 1982 |
financial obligations that are unlikely to be repaid: Eastern Europe, Review of Agriculture in ... and Outlook for ... , 1981 |
financial obligations that are unlikely to be repaid: Fair Value Measurement Mark L. Zyla, 2019-12-24 Get up to date on the latest FASB, SEC, and AICPA guidelines and best practices Fair Value Measurement provides hands-on guidance and the latest best practices for measuring fair value in financial reporting. The Financial Accounting Standards Board (FASB), the U.S. Securities and Exchange Commission (SEC), and the American Institute of CPAs (AICPA) have all updated their guidelines for practitioners, and this book details the changes from a practical perspective. This new third edition includes a discussion on Private Company Council accounting alternatives for business combinations and impairment testing, with a detailed example of the Market Participant Acquisition Premium (MPAP), including European and Asian examples and expanded discussion of IFRS. Fair value measurement guidelines continue to evolve, and this comprehensive reference provides a valuable, up-to-date resource for preparers, auditors, and valuation specialists. Adopt the best practices for implementing the FASB's Topic 820 Learn the latest reporting requirements for fair value measurements Understand accounting alternatives for business combinations Examine the details of MPAP in Europe and Asia Applying fair value measurements to financial statements requires a move away from rules-based standards and toward application of professional judgment. This controversial shift has led to a reliance on valuation specialists, who face their own challenges in applying Topic 820 amidst an economic downturn and recovery, leading to an ever evolving set of best practices. Practitioners must stay up to date, and be aware of the changes as they occur. Fair Value Measurement provides the most recent information and a practical approach to this area of financial reporting. |
financial obligations that are unlikely to be repaid: Strengthening the Safety and Soundness of the Financial Services Industry United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs, 1987 |
financial obligations that are unlikely to be repaid: Financing the First World War Hew Strachan, 2004 The First World War was costly in treasure as well as lives. Before its outbreak many commentators reckoned that the great powers could not afford to fight or that economic dislocation would bring war to a rapid close. They were wrong. This is the first full history of how the war was financed. It resulted in hyper-inflation in the 1920s and, in due course, in New York's displacement of London as the world's money market. Its effects are still with us today. |
financial obligations that are unlikely to be repaid: Bank Finance Brian Coyle, 2002 Describing the various aspects of bank finance from thebank and borrower perspectives, this book is from theRisk Management series. An evaluation of the riskelements is provided and generally the book serves as aguide to how to conduct open negotiations and establish agood business relationship between the bank and thecustomer. This ...... |
financial obligations that are unlikely to be repaid: Churchill on the Home Front, 1900–1955 Paul Addison, 2013-01-17 'The best one-volume study of Churchill yet available.' David Cannadine, Observer 'Magisterial.' Vernon Bogdanor, New Statesman 'A tour de force... A masterly chronicle of Churchill as a domestic figure rather than as the bulldog wartime leader, and one of the most subtle portraits of him as a politician. Addison revises the view of Churchill as uninterested and out of his depth in domestic affairs, painting instead a nuanced picture of a canny parliamentarian. Churchill changed parties twice but managed to accomplish the change, writes Addison, 'with exceptional dexterity', making it appear as if he were maintaining his principles while the parties changed theirs... Addison's most interesting assertion is that the rise of Hitler saved Churchill from drifting into right-wing irrelevance. Most impressively, Addison doesn't settle for easy classifications, admitting that 'Churchill... is a man of whom almost everything that can be said is true in part.'' Kirkus Review |
financial obligations that are unlikely to be repaid: The Truth About Inflation Paul Donovan, 2015-03-27 Inflation is a simple topic, in that the basic concepts are something that everyone can understand. However, inflation is not a simplistic topic. The composition of inflation and what the different inflation measures try to represent cannot be summarised with a single line on a chart or a casual reference to a solitary data point. Investors very often fail to understand the detail behind inflation, and end up making bad investment decisions as a result. The Truth About Inflation does not set out to forecast inflation, but to help improve its understanding, so that investors can make better decisions to achieve the real returns that they need. Starting with a summary of long history of inflation, the drivers of price change are considered. Many of the urban myths that have built up about inflation are shown to be a consequence of irrational judgement or political scaremongering. Some behaviour, like the unhealthy veneration of gold as a means of inflation protection, is shown to be the result of historical accident. In the modern era of lower nominal investment returns, inflation inequality (whereby some groups experience persistently higher inflation than others) is a very important consideration. This book sets out the realities of price changes in the modern investing environment, without using economic equations or jargon. It gives investors the framework they need to think about inflation and how to protect themselves against it, whether the aggregate inflation of the future rises or falls from current levels. |
financial obligations that are unlikely to be repaid: The Committee to Destroy the World Michael E. Lewitt, 2016-03-15 An updated examination of what's weakening the U.S. economy, and how to fix it The Committee to Destroy the World: Inside the Plot to Unleash a Super Crash on the Global Economy is a passionate and informed analysis of the struggling global economy. In this masterfully conceived and executed work, Michael Lewitt, one of Wall Street's most respected market strategists and money managers, updates his groundbreaking examination of the causes of the 2008 crisis and argues that economic and geopolitical conditions are even more unstable today. His analysis arrives in time for the impending economic and geopolitical debates of the 2016 election season. Lewitt explains in detail how debt has now overrun the world's capacity, how federal policies of the past few decades have created a downward vortex sapping growth and vitality from the American economy, and how greed and corruption are preventing reform. The financial crisis created tens of trillions of debt, leaving investors to pay a huge price for these policy failures: The highest asset inflation we've seen in our lifetimes, although the government claims there isn't enough inflation More than $2 trillion of stock buybacks funded with low cost debt that are artificially inflating stock prices The Federal Reserve and other global central banks becoming the largest buyers of government debt in order to suppress interest rates An M&A boom resulting from companies needing to find growth outside of their core businesses While the financial media misses the story, Lewitt pulls no punches explaining how all of these trends are leading to the brink of another crisis. Lewitt lays out a survival plan for the average investor to protect their assets when the debt bubble bursts. The first edition of this book expressed hope that policymakers would not let the financial crisis go to waste. This book urges investors to learn from the crushed hope and take action before the next crisis. |
financial obligations that are unlikely to be repaid: Purchase of United Nations Bonds United States. Congress. House. Committee on Foreign Affairs, 1962 Considers legislation to authorize $100 million loan to U.N. |
financial obligations that are unlikely to be repaid: Department of Transportation and Related Agencies Appropriations for 1983 United States. Congress. House. Committee on Appropriations. Subcommittee on Department of Transportation and Related Agencies Appropriations, 1982 |
financial obligations that are unlikely to be repaid: Department of Transportation and Related Agencies Appropriations for 1983 United States. Congress. House. Committee on Appropriations. Subcommittee on Dept. of Transportation and Related Agencies Appropriations, 1982 |
financial obligations that are unlikely to be repaid: Purchase of United Nations Bonds, Hearings... 87-2... June 27,28,29, July 2, 17, 18, 19, 20, 23, 24, 26, 1962 United States. Congress. House. Foreign Affairs, 1962 |
financial obligations that are unlikely to be repaid: Wiley IFRS 2008 Barry J. Epstein, Eva K. Jermakowicz, 2008-03-28 The one indispensable guide to IFRS compliance Wiley IFRS 2008 is the comprehensive source for guidance in applying IFRS to complex, real-world fact situations, and is equally valuable for preparers, auditors, and users of financial reports. To facilitate the reader's understanding, the book includes both examples created to explain particular IFRS requirements and selections from actual published financial statements, which have been copiously provided throughout, illustrating all key concepts. Barry J. Epstein (Chicago, IL) is a partner with Russell Novak & Company, LLP, where he specializes in technical and litigation consultation on U.S. and international accounting and auditing matters and corporate governance. Eva K. Jermakowicz, PhD, CPA (Nashville, TN) is a university professor and a leading consultant to international organizations and businesses. She is a frequent speaker at international venues and has 25 years of teaching experience. |
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Americans spend $10 billion more on Mother’s Day than Father’s Day. What’s going on? So your company offered you a buyout. Should you take it? Here’s what to know. Hate paying so much …
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Yahoo Finance - Stock Market Live, Quotes, Business & Finance …
Encouraging economic data has boosted market hopes for Fed rate cuts, but policymakers remain cautious. Trump's tariff timeout is almost up. Here's what could happen next.
Stock Market Prices, Real-time Quotes & Business News - Google
Google Finance provides real-time market quotes, international exchanges, up-to-date financial news, and analytics to help you make more informed trading and investment decisions.
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Americans spend $10 billion more on Mother’s Day than Father’s Day. What’s going on? So your company offered you a buyout. Should you take it? Here’s what to know. Hate paying so much …
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