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Business May 18, 2026

Crime Increasingly a 'Serious Barrier' to UK Growth, Say Business Leaders

UK business leaders are warning that crime has become a 'serious barrier' to economic growth, with …
The Growing Threat of Business Crime in the UKUK business leaders are issuing a stark warning that crime has become an increasingly "serious barrier" to growing Britain's economy, with two-fifths of companies experiencing some form of criminal activity in the past year. The British Chambers of Commerce (BCC) is calling on the government to provide "a step change in the support businesses can count on" as businesses face rising levels of theft, fraud, and cyber-attacks.Rising Crime Statistics Across Business SectorsThe BCC's research, based on a survey of 1,411 firms, reveals that crime against businesses is widespread and growing. Key findings include:Two-fifths of companies experienced some form of crime in the past yearOne-fifth of companies faced fraud or scams21% experienced cyber-attacks50% of manufacturing companies reported business crime, making it the hardest hit sectorLarger companies are more vulnerable, with 58% of firms employing more than 250 people experiencing crime, compared to 32% of microbusinessesRetail businesses have been particularly affected by shoplifting, with police-recorded incidents rising 20% year on year to reach 516,971 offences in the year to December 2024, exceeding 530,000 by March 2025.Financial Impact on Major CompaniesThe financial consequences of business crime have been substantial, with several high-profile companies suffering significant losses. The hack of Jaguar Land Rover alone is estimated to have cost the UK economy £1.9bn, potentially making it the most costly cyber-attack in British history. Marks & Spencer took a £324m hit to profits after being forced to close its website to orders for more than six weeks following a damaging cyber-attack. Other major companies affected include the Co-op and Booking.com.Industry-Wide Consequences and Economic ImpactCrime against businesses is creating "structural barriers to growth" according to the BCC, forcing companies to divert crucial time and money away from expansion and investment. The impact spans across sectors, from retail and manufacturing to tradespeople experiencing surging tool thefts that threaten their ability to operate. As Ellis Shelton, a policy manager at the BCC, noted, "Bosses are being forced to divert crucial time and money to tackling this anchor on growth."The rising sophistication of criminal activities, particularly in cybercrime and fraud, has left many businesses struggling to keep pace with security measures, especially small and medium-sized enterprises with limited resources.Call for Government Action and Future OutlookIn response to the growing threat, the BCC has called for several specific measures from the government:Creation of a cyber-attack reporting system for companiesEstablishment of regional business crime hubs bringing together police and business crime reduction partnershipsExpansion of cyber and fraud resilience support for small and medium-sized businessesMore incentives for companies to invest in securityWithout decisive action, business crime is likely to continue hampering UK economic growth, with the most sophisticated threats potentially targeting larger companies with greater resources. The BCC's warning suggests that addressing business crime must become a priority for policymakers if the UK is to overcome this "serious barrier" to economic expansion.
#British Chambers of Commerce #UK businesses #Cyber-attacks
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Politics May 18, 2026

Trump's National Prayer Rally Sparks Debate on Church-State Separation

President Trump hosted a nine-hour prayer rally on the National Mall to rededicate the US as 'one n…
The Lead: Trump's Nine-Hour Prayer Rally on National MallThe administration of United States President Donald Trump has hosted a nine-hour prayer event on the National Mall in Washington, DC, as part of its efforts to commemorate the country's 250th anniversary. Sunday's event, called "Rededicate 250: A National Jubilee of Prayer, Praise and Thanksgiving," took place from 9am to 6pm Eastern US time (13:00 to 22:00 GMT) with the stated aim of marking "rededication of our country as One Nation to God."The Event Details: A Celebration of Faith and Political AlignmentThe event featured performers, pastors and civil rights leaders, as well as Trump's Republican allies, among them Senator Tim Scott of South Carolina. "Our rights don't come from the government," Scott told the crowd. "No, our rights come from God, the king of kings." Members of the Trump administration, including the president himself, recorded video messages that were broadcast from the stage.Trump's video showed him seated behind the Resolute Desk in the White House, reciting a speech from the Book of Chronicles that God gave to King Solomon, promising protection to his followers and destruction to those who forsake him. Secretary of State Marco Rubio, meanwhile, used his video to describe the US as a country uniquely shaped by the "Christian idea.""Before the Christian West, most societies – and civilisations, for that matter – thought in stagnant cycles: the flooding of the Nile, the return of the rains, the cycle of the harvest. History for them was a wheel to nowhere," Rubio said. "But our faith calls us outwards into the limitless darkness of the unknown. It tells us to go forth and preach the gospel to the world as a witness unto all nations and to the ends of the earth."The Data Analysis: Shifting Religious Attitudes in AmericaA survey from the Pew Research Center released last week found a slight uptick in the number of US adults who believe Christianity should be named as the country's official religion. Seventeen percent now share that view, up from 13 percent in 2024. That said, Pew researchers noted that a majority of Americans, roughly 54 percent, still believe in the separation of church and state.About 52 percent also said that "conservative Christians have gone too far in trying to push their religious values in the government and public schools."The Impact Analysis: Blurring Lines Between Church and StateThe event was not without controversy. Critics pointed out that only one speaker, a rabbi, was non-Christian. Some religious leaders rejected the event as a political stunt, rather than a sincere testament to faith.Paul Raushenbush, a reverend and president of the Interfaith Alliance, posted on social media that his objections did not stem from an "antipathy towards religion". Rather, he said his faith compels him to cherish the "rich tapestry of beliefs" that come together in the US."Rededicate 250 is a betrayal of America's founding values guaranteed in the First Amendment – which made clear that there shall be no establishment of religion by the government and that each one of us should be free to live out our beliefs in our own way," Raushenbush wrote.Traditionally, the Establishment Clause of the US Constitution has been interpreted as prohibiting the government from establishing or imposing religious beliefs on its citizens. But critics argue the Trump administration has blurred the separation between church and state, including by having regular prayer services at the Department of Defense.Trump, however, has accused the federal government of "anti-Christian bias". He launched a task force last year to root out the purported discrimination.The Prediction: Evangelical Base and Constitutional InterpretationEvangelical Christians form a pillar in Trump's right-wing base of support. The demographic is a powerful force during election seasons in the US, and Trump has sought to rally Christian voters ahead of major votes. Their views could reshape how the US Constitution is interpreted, particularly regarding the separation of church and state.As the country approaches its 250th anniversary, the debate over religious expression in public life is likely to intensify. With Trump positioning himself as a champion of religious conservatives, future policies and judicial appointments may further test the boundaries established by the First Amendment.
#Trump #Prayer Rally #Church-State Separation
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Tech May 18, 2026

The Credibility Crisis at the Heart of the OpenAI Trial

The closing arguments in the Musk-OpenAI trial have shifted focus to the character and trustworthin…
The Credibility Crisis at the Heart of the OpenAI Trial The final days of the Elon Musk vs. OpenAI trial have revealed that the core dispute is no longer just about corporate governance or profit-sharing; it is fundamentally about trust. As jurors prepare to deliberate, the narrative has pivoted from contractual breaches to the personal credibility of Sam Altman, raising uncomfortable questions for the entire artificial intelligence industry. The Semantics of Trust: Musk vs. Altman on the Stand The most explosive moments of the trial centered on Sam Altman's congressional testimony, where he claimed to have no equity in OpenAI. Musk's attorney, Steve Molo, aggressively challenged this, pointing out Altman's stake through Y Combinator. Altman’s defense relied on semantic distinctions, arguing that his role was merely that of a "passive investor in a VC fund," a defense his lawyer characterized as implausible in a high-stakes congressional hearing. Musk's Approach: Elon Musk demonstrated a history of combative and sometimes untruthful behavior on social media, but on the stand, he corrected the record, presenting a stark contrast to his usual public persona. Altman's Approach: Altman adopted an affable, "working on it" demeanor, attempting to minimize the significance of his past statements rather than engaging in a direct confrontation. The Verdict: Legal analysts suggest that while both leaders have histories of misleading statements, their handling of the truth on the stand differed significantly, potentially influencing the jury's perception of their honesty. The Transparency Gap in Private AI Labs The trial has exposed a critical vulnerability in the AI sector: the lack of transparency in privately held companies. As noted by TechCrunch analysts, the skepticism surrounding Altman is not an isolated incident but a symptom of a broader industry-wide issue. The 'Veil' of Secrecy: Policymakers, journalists, and consumers lack insight into the operations of major AI labs, leading to a reliance on trust rather than data. Industry-Wide Skepticism: The question "Who trusts Sam Altman?" has become a proxy for the larger question: Who can be trusted in the AI space? Intent vs. Outcome: Even with noble intentions, the potential for misuse remains high, and without transparency, the industry faces a crisis of confidence. Future Outlook: The IPO as a Cure for Skepticism? The resolution of this trial may not be the end of the scrutiny. As the industry grapples with these trust deficits, the path forward likely involves increased regulatory oversight and a push for public transparency. Regulatory Pressure: The trial highlights the need for clearer guidelines regarding executive disclosures in tech startups. The IPO Factor: Industry experts suggest that only when these AI companies go public (IPO) will the market be able to pierce the veil and provide the necessary insight to validate or invalidate the trust placed in their leadership. Long-term Impact: The outcome of this trial could set a precedent for how future tech startups handle executive communications and equity disclosures.
#Elon Musk #OpenAI #Sam Altman
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Politics May 17, 2026

Italy's Leadership Visits Modena Attack Victims Amidst Security Concerns

Italy's Prime Minister Giorgia Meloni and President Sergio Mattarella visited victims of a car-ramm…
The Assault on Modena's Shopping StreetOn Saturday at 4:30pm local time, a 31-year-old man identified as Salim El Koudri drove at high speed through the city center, striking more than a dozen pedestrians before stabbing one. The attack was stopped by a group of passers-by who intervened to apprehend the suspect.Casualties and Medical Response8 people were hospitalized in serious condition.Two women aged 55 and 69 required leg amputations.One of the amputees remains in a life-threatening condition.The prosecutor's office described the act as being carried out "in an indiscriminate, random and deliberate manner."Leadership Response and Security AssessmentItaly's leadership mobilized quickly, with Prime Minister Giorgia Meloni and President Sergio Mattarella visiting the injured in hospitals on Sunday. Meloni called the attack "extremely serious" and thanked the residents who courageously intervened. Interior Minister Matteo Piantedosi clarified that while the investigation is ongoing, the incident appears linked to "psychiatric distress" rather than terrorism.Future Outlook: Mental Health and Security ProtocolsThe incident highlights the complexities of public safety in urban environments. While the government has ruled out terrorism, the suspect's history of schizoid disorders and prior treatment raises questions about the efficacy of mental health monitoring systems. Furthermore, the political discourse surrounding the suspect's background suggests that immigration and security will remain central topics in the upcoming national debate on public safety.
#Giorgia Meloni #Sergio Mattarella #Salim El Koudri
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Politics May 17, 2026

The Billionaire Class Trauer: How Wealthy Democrats Are Embracing Populism

Billionaire hedge fund founder Tom Steyer is running for California governor on a platform of taxin…
The Billionaire Class Trauer: How Wealthy Democrats Are Embracing PopulismTom Steyer has built his campaign for governor of California around affordability – and taxing the uber-wealthy. It is perhaps an unusual message for a candidate with an estimated net worth of $2.4bn. But the hedge fund founder-turned climate activist and liberal mega-donor is pitching himself as a different kind of billionaire: one who wants people like him to pay far more in taxes.The Billionaire Populist StrategyAs early voting ballots trickle in for the 2 June primary, Steyer, a leading candidate in the unsettled contest, is racing to convince Californians that his elect-the-rich-guy-to-eat-the-rich candidacy isn't a contradiction. "People are very skeptical of billionaires," Steyer, wearing a beige baseball cap with the words "class traitor" embroidered on it, told a small group of reporters at a campaign event in East LA on Wednesday. "I'm skeptical of billionaires because we've seen so many billionaires being selfish and arrogant."The Rise of Anti-Billionaire SentimentSteyer's campaign arrives at a particularly combustible political moment in the US, shaped by a surge in anti-elite populism, widening income inequality and growing suspicion of billionaire power across both parties. A survey conducted last year by the Harris Poll found that the share of Americans who said billionaires threaten American democracy rose to 53%, up 7 points from 2024. At the same time, nearly eight in 10 respondents said they were more likely to support a billionaire who "challenges unjust systems."California's Affordability Crisis and Political ResponseAnti-rich sentiment is especially pronounced in the Golden State, which boasts the world's fourth largest economy and more billionaires than any other US state. Yet California faces a deep affordability crisis, leaving many voters searching for a governor who will do more than take on the billionaire in the White House. They want someone who will "upend the system," said Lorena Gonzalez, president of the powerful California Federation of Labor Unions.The Democrat's Billionaire DilemmaA decade after Trump, a billionaire real estate mogul, proved he could harness working-class discontent, Democrats see a chance to rebuild their frayed coalition and win back the voters squeezed by the rising cost of rent, utilities and groceries. Ahead of the November midterm elections, Democrats are hammering Trump over his coziness with Silicon Valley billionaires and his preoccupation with building a ballroom at the White House, evidence, they say, that the president's party has abandoned working class voters in favor of a new gilded-age oligarchy.Wealthy Progressives Across AmericaSteyer is not the only Democrat testing the party's appetite for a populist from the 1%. In Illinois, Governor JB Pritzker, a scion of the Pritzker family that founded the Hyatt hotel chain, is running for a third term – and widely believed to be considering a presidential bid in 2028. Other wealthy progressives include Saikat Chakrabarti, a centimillionaire tech entrepreneur and former chief of staff to Ocasio-Cortez who is self-funding his anti-establishment bid to succeed retiring former House speaker Nancy Pelosi in San Francisco.A Historical Perspective on Wealthy DemocratsWealthy Democrats are hardly a new phenomenon. From Franklin Roosevelt's patrician roots to John F Kennedy's vast family fortune, the party has a history of elevating affluent political leaders who framed their privilege as a responsibility to serve the public. As Cas Mudde, a leading scholar of populism, noted by email, "socialists have long been led by 'class traitors' (eg Friedrich Engels) or have supported rich politicians and intellectuals (for example Bernie Sanders and Noam Chomsky)."The Future of Populist PoliticsAmid a volatile job market and escalating inflation, voters want leaders who understand their economic struggles. In California, with the nation's highest cost of living and gas prices topping $6 per gallon amid the Iran war, that demand is particularly urgent. Perhaps then it is a sign of the times that if Steyer advances to the November general election, Californians would likely have the chance to elect a billionaire for governor and impose a first-of-its-kind wealth tax on the state's richest residents.
#Tom Steyer #Wealth Tax #California Politics
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Politics May 17, 2026

UK‑EU Relations at a Crossroads: Labour’s Reset and the Prospect of Re‑joining

Labour figures such as Wes Streeting and Andy Burnham have framed Brexit as a catastrophic mistake …
Labour Leaders Call Brexit a ‘Catastrophic Mistake’ Wes Streeting, who stepped down as health secretary, has labelled Brexit a “catastrophic mistake” and argued that the UK should re‑join the EU. Andy Burnham, the Greater Manchester mayor, echoed a “long‑term case” for re‑entry, though he stopped short of immediate advocacy. Current State of the UK‑EU Relationship Since the 2024 election, Prime Minister Keir Starmer has promised a “reset” of ties with Europe. Key developments include: Re‑joining the EU’s Horizon science programme (agreed under the previous government). Planned re‑entry to the Erasmus+ exchange programme from 2027. Stalled negotiations on a youth‑mobility scheme due to disputes over tuition‑fee contributions. Deadlocked talks on joining the EU electricity market and the SAFE defence procurement fund because of funding demands. Targeted deals on food, agricultural products and carbon‑trading expected by the summer UK‑EU summit. Public Opinion and Economic Stakes A recent YouGov poll shows 63% of Britons favour a closer relationship with the EU and 55% support full re‑membership. Similar support levels appear in Germany, France, Spain and Italy. Economists estimate Brexit has caused a 6‑8% hit to UK output, a gap that sector‑by‑sector mini‑deals are unlikely to close. Political and Strategic Barriers to Closer Ties The Labour government’s “red lines” – no return to the customs union, single market, or freedom of movement – limit the scope of any deeper integration. Proposed legislation to dynamically align UK rules with the single market has been condemned by Reform UK and the Conservatives as “undoing Brexit by the back door”. EU officials stress that any substantial deal would require the UK to accept the same obligations as new members, including potential euro adoption and loss of certain sovereign controls, as highlighted by Poland’s foreign minister Radosław Sikorski. What a Re‑join Bid Could Mean for the Future Analysts argue that, given the 2026 security environment and strained UK‑US ties, both Brussels and London would benefit from a fundamental rethink of their relationship. However, the EU is likely to demand parity with existing members, possibly insisting on contributions to cohesion funds, adherence to EU regulations, and safeguards against future policy reversals. If Labour eases its red lines, a formal re‑join request could be seriously entertained, but it would trigger negotiations over budget contributions, regulatory alignment and the status of the euro – factors that will shape the next phase of UK‑EU engagement.
#Wes Streeting #Keir Starmer #UK-EU relationship
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Health May 17, 2026

DRC Confronts Deadly Ebola Resurgence Amid Deepening Humanitarian Crisis

The Democratic Republic of the Congo is battling a new Bundibugyo Ebola outbreak in Ituri, just mon…
The Democratic Republic of the Congo (DRC) is facing a fresh Ebola outbreak in the densely‑populated Ituri province, just five months after declaring the prior epidemic over. The virus, identified as the Bundibugyo strain, is spreading rapidly amid an already fragile humanitarian and security situation, prompting the World Health Organization to label it a public health emergency of international concern. The Bundibugyo Ebola Resurgence in Ituri Province The outbreak centers on the health zones of Rwampara, Mongwalu and Bunia. Two additional cases have been confirmed in neighboring Uganda. Health officials trace the suspected index case to a nurse who died at the Bunia Evangelical Medical Centre on April 27. Unsafe burial practices and limited community trust are accelerating transmission. Numbers Highlight the Growing Toll 300+ suspected cases reported across Ituri. 88 confirmed deaths, with an average of 5 deaths per day in Rwampara over the last three days. 2 confirmed cases in Uganda. Previous 10th DRC Ebola outbreak (2018‑2020) claimed nearly 2,300 lives. Population movement, mining activity and armed‑group control increase exposure risk. Humanitarian and Security Challenges Amplify the Crisis Ituri is one of the most densely populated regions of the DRC, with constant migration for mining, trade and displacement due to armed conflict. Community mistrust—fuelled by rumors of external exploitation—hampers contact tracing and safe burial efforts. Local authorities are scrambling to raise awareness, urging residents to practice strict hygiene, avoid bush meat and refrain from touching the sick or deceased. Urgent Actions Needed to Contain the Outbreak Experts from the Africa CDC and the WHO stress a coordinated regional response: rapid isolation of suspected cases, extensive contact‑tracing, cross‑border surveillance, and the establishment of emergency Ebola treatment centres. Strengthening healthcare capacity, protecting frontline workers and engaging community leaders are essential to prevent a repeat of the 2018‑2020 epidemic.
#DRC #Ebola #WHO
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Politics May 17, 2026

Palestinian President's Son Secures Key Position in Fatah Leadership

Yasser Abbas, son of Palestinian President Mahmoud Abbas, has been elected to Fatah's highest leade…
The LeadYasser Abbas, son of Palestinian President Mahmoud Abbas, has secured a seat on Fatah's highest leadership body, as initial results emerged from the movement's first Congress in the occupied West Bank in a decade.The Fatah Congress ResultsThe three-day Eighth General Conference in Ramallah, which began on Thursday and finished on Sunday, came as Fatah faces existential challenges following Israel's war on Gaza.Yasser Abbas, 64, a businessman who spends most of his time in Canada, joins the central committee after being appointed around five years ago as his father's "special representative".With several existing members retaining their seats, the Congress's outcome was already being criticised.Marwan Barghouti, a popular Palestinian leader held in Israeli prison since 2002, retained his seat on the committee with the highest number of votes, according to figures seen by the AFP news agency.Jibril Rajoub was re-elected as the committee's secretary-general, while Palestinian Vice President Hussein Al-Sheikh retained his position.Election Statistics and ProcessThe Congress had 2,507 voters and a turnout of 94.6 percent, organisers said.Fifty-nine candidates competed for 18 seats on the central committee, while 450 vied for 80 seats on the revolutionary council, the party's parliament.Counting for the revolutionary council is continuing.Political Context and Reform CallsMahmoud Abbas, who was re-elected as head of the movement on Thursday, vowed in his opening address to reform the Palestinian Authority (PA), and hold long-delayed presidential and parliamentary elections.Abbas and the PA are under mounting international pressure to implement reforms and hold elections, amid widespread accusations of corruption and political stagnation, which have eroded their legitimacy among Palestinians.US President Donald Trump has demanded sweeping reforms as a condition for the PA to play any meaningful role in post-war Gaza.Fatah's Historical Position and Current ChallengesFatah was historically the dominant force within the Palestine Liberation Organisation (PLO), the sole representative of the Palestinian people in international forums. It groups most Palestinian factions, but excludes Hamas and Islamic Jihad.In recent decades, Fatah's popularity and influence have dwindled amid internal divisions and growing public frustration over the stagnation of the Israel-Palestine peace process.This led to a surge in support for rival Hamas, which won the 2006 legislative elections in the occupied West Bank, before expelling Fatah from Gaza almost entirely after factional fighting.Succession Dynamics and Future OutlookFatah's central committee is expected to play a decisive role in the post-Abbas era, with key figures, including Rajoub and Sheikh already jostling to succeed the 90-year-old leader.Yasser Abbas's election to the committee alone does not put him on a clear path to the presidency, said Ali Jarbawi, political science professor at Birzeit University."This may be seen as the beginning of a phase – if not of hereditary succession, then of securing a position in the future," he said.Jarbawi said the elder Abbas remained firmly in command, with the Congress failing to clarify who would lead the movement after him.
#Mahmoud Abbas #Fatah #Palestinian Authority
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World Wide May 17, 2026

Israeli Strikes Intensify in Lebanon Amid Fragile Ceasefire

New Israeli air and artillery strikes have hit targets across Lebanon despite a recently brokered c…
Escalation of Hostilities Despite Truce On 17 May 2026, a fresh wave of Israeli strikes pounded multiple locations in Lebanon, even though a ceasefire had been announced only days earlier. The renewed bombardment has reignited concerns that the fragile pause in fighting could collapse. Details of the Recent Strikes According to reports from the ground, Israeli forces employed both air‑dropped munitions and artillery fire targeting: Border towns in southern Lebanon, including Marjayoun and Tyre. Infrastructure sites alleged to be linked to Hezbollah logistics. Areas near the Israeli‑Lebanese frontier where previous clashes had occurred. The strikes were coordinated within a short time window, suggesting a planned operation rather than isolated incidents. Casualty and Damage Reports So Far Official casualty figures have not been released, and on‑the‑ground sources provide only preliminary observations: Several residential structures show visible damage. Local medical facilities report treating an “unconfirmed number” of civilians. There are no confirmed reports of high‑ranking militant leaders being killed. The lack of concrete data highlights the difficulty of assessing the immediate human cost. Regional Implications of the Renewed Fighting The breach of the ceasefire carries several strategic consequences: It undermines confidence in diplomatic mediation efforts led by the United Nations and regional actors. It may prompt a retaliatory response from Hezbollah, risking a broader front. Neighboring countries, notably Syria and Jordan, could face heightened security pressures and refugee flows. The episode also fuels political debate within Israel about the sustainability of a military‑focused approach. Possible Trajectories for the Ceasefire Analysts outline three likely scenarios: Renewed Negotiations: International mediators could push for a stricter monitoring mechanism to prevent further violations. Escalation Spiral: Continued strikes might trigger a tit‑for‑tat exchange, expanding the conflict beyond the border region. Stalemate: Both sides could settle into a low‑intensity conflict, with sporadic skirmishes persisting for months. The direction will depend on diplomatic pressure, domestic political calculations, and the willingness of armed groups to absorb further losses.
#Israel #Lebanon #Hezbollah
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