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Economy May 22, 2026

Kevin Warsh Sworn In as New Federal Reserve Chair Amid Inflation Pressures

Kevin Warsh, 56, was sworn in Friday as the new chair of the U.S. Federal Reserve, succeeding Jerom…
Kevin Warsh, 56, was sworn in Friday as the new chair of the United States Federal Reserve Board of Governors, succeeding Jerome Powell after a sharply partisan Senate vote.Swearing‑In and Senate Confirmation DetailsThe oath of office was administered on May 22, 2026. The Senate confirmed Warsh along party lines, with only Pennsylvania Sen. John Fetterman breaking with his Democratic colleagues.Nomination period: contentious, with accusations of being a “sock puppet” for President Donald Trump.Trump’s opening remarks: “I want Kevin to be totally independent and do a great job.”Democratic Sen. Elizabeth Warren challenged Warsh’s independence during the Banking Committee hearing.Warsh’s first policy meeting: June 16‑17, 2026.Inflation Numbers and Market ExpectationsConsumer prices rose 0.6 % in April after a 0.9 % increase in March, according to the latest CPI report.Annual CPI: 3.8 % YoY – the largest rise in three years.Energy prices: up 17.9 % over the past year.Average gasoline price: $4.56 per gallon (up from $2.98 on Feb 28).JPMorgan Chase forecasts rates will stay unchanged until mid‑2027, with a possible rise thereafter. CME Group’s FedWatch tool shows a 97 % probability that rates remain unchanged at the next meeting.Implications for Fed Independence and Monetary PolicyWarsh inherits a central bank under intense political scrutiny. While he pledged “not naive” about inflation challenges, the White House’s push for rate cuts collides with the Fed’s mandate to curb price growth.The Fed’s April minutes highlighted persistent inflation risks from geopolitical tensions and sector‑specific price pressures, reinforcing concerns about long‑term rate stability.Outlook for Rate Decisions and Economic GrowthGiven the 97 % odds of a hold at the June meeting and JPMorgan’s mid‑2027 rate‑rise scenario, markets are likely to price in a prolonged period of policy stability.Analysts will watch Warsh’s leadership style and his ability to balance political expectations with the Fed’s statutory independence as inflationary pressures evolve.
#Kevin Warsh #Federal Reserve #Jerome Powell
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World Wide May 22, 2026

Western Nations Urge Israel to Halt Settlement Expansion and Condemn Settler Violence

Nine Western countries have jointly urged Israel to stop expanding its settlements in the occupied …
The Lead Nine Western countries, including the United Kingdom, France, Germany, Italy, Canada, Australia, New Zealand, Norway, and the Netherlands, have issued a joint statement urging Israel to halt its expansion of settlements in the occupied West Bank. The statement emphasizes that these settlements violate international law and has condemned the recent surge in settler violence. The Event Details The joint statement, released on Friday, highlighted the deteriorating situation in the West Bank over the past few months. It noted that settler violence has reached unprecedented levels and criticized the Israeli government's policies, which are undermining stability and prospects for a two-state solution. The statement specifically mentions that over 700,000 Israelis live in illegal settlements in the occupied West Bank. It also references a plan approved in February for Israel to claim large areas of Palestinian land in the occupied West Bank as 'state property.' The Data Analysis The statement warns that businesses should not bid for construction tenders for settlement developments, including the E1 area, due to the legal and reputational consequences of participating in settlement construction. The E1 area plan involves building thousands of new housing units, which would effectively bisect the West Bank and isolate Palestinian communities. The E1 area development would spread over 12 square kilometers and link the large and illegal Ma'ale Adumim settlement with Jerusalem. The Impact Analysis The joint statement comes amid increasing criticism of Israel's actions, particularly following a recent incident involving the harsh treatment of foreign activists abducted by Israeli forces from a Gaza-bound flotilla. Several countries, including Italy and France, have summoned Israeli ambassadors to explain the incident. Israel's far-right National Security Minister, Itamar Ben-Gvir, posted a video of himself taunting the activists, which was widely condemned. Canadian Foreign Minister Anita Anand called the incident 'deeply troubling,' while UK Foreign Secretary Yvette Cooper described the scenes as 'totally disgraceful.' The Prediction The statement concludes with a call for the Government of Israel to end its expansion of settlements and administrative powers, ensure accountability for settler violence, and investigate allegations against Israeli forces. It also urges Israel to respect the Hashemite custodianship over Jerusalem's Holy Sites and lift financial restrictions on the Palestinian Authority and the Palestinian economy.
#Israel #West Bank #International Law
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Sports May 22, 2026

England's Leaked World Cup Squad Sparks Fury and Debate

A leaked list of England’s 26‑man squad for the 2026 World Cup was confirmed at Wembley, igniting a…
Leaked Squad Confirmation at WembleyOn Friday, 22 May 2026 journalists gathered at Wembley to verify that the England Geopolitics World Cup squad leaked the previous day matched the official list announced by Thomas Tuchel. The leak, dubbed the "DRIP, DRIP, DRIP" incident, featured controversial exclusions such as Harry Maguire, Cole Palmer and Phil Foden, sparking immediate outrage on social media. Numbers Behind the 26‑Man RosterGoalkeepers: Jordan Pickford, Dean Henderson, James TraffordDefenders: Reece James, Tino Livramento, Marc Guéhi, Ezri Konsa, John Stones, Jarell Quansah, Nico O’Reilly, Dan Burn, Djed SpenceMidfielders: Declan Rice, Elliot Anderson, Jude Bellingham, Jordan Henderson, Morgan Rogers, Kobbie Mainoo, Eberechi EzeForwards: Harry Kane, Ivan Toney, Ollie Watkins, Bukayo Saka, Noni Madueke, Marcus Rashford, Anthony Gordon Fan Backlash and Media SatireSupporters expressed disappointment through memes, mock quotes and a series of "Football Daily Letters" that lampooned the selection process. Notable reactions included:"Harry Maguire left shocked and gutted" – a parody of his alleged social‑media outburst.Calls for Djed Spence and Ivan Toney to be included, while veterans like Lewis Hall and Trent Alexander‑Arnold were branded as snubs.Satirical commentary on the "vibes man" role traditionally filled by Conor Coady, now presumed to be up for grabs. Implications for England’s Tournament ProspectsTuchel emphasized that the squad balances talent with “low‑maintenance fringe players” who contribute to team spirit. The blend of experienced internationals and emerging talents aims to mitigate the risk of injuries and maintain cohesion over a seven‑week tournament. Critics argue that omitting high‑profile names could weaken depth, but the manager insists the selected 26 are “100% committed and know their role.” What Comes Next Under TuchelWith the squad set, England will begin preparations for the 2026 World Cup in the United States. The next steps include:Pre‑tournament training camps at St George's Park in early June.Friendly matches against European opponents to fine‑tune tactics.Continued media scrutiny as fans monitor squad rotation and potential injuries. Tuchel’s reluctance to chase big reputations suggests a pragmatic approach, but the lingering fan discontent may pressure the coaching staff to justify their choices on the pitch.
#England #Thomas Tuchel #Harry Maguire
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Sports May 22, 2026

French Open Players Slam Organizers Over Revenue Sharing and Voice in Sport's Future

Tensions escalate at the French Open as players protest against Grand Slam organizers over revenue …
The Growing Rift at Roland GarrosA simmering dispute between players and the Grand Slams over revenue sharing intensified at the French Open, with Novak Djokovic warning the sport risked further fragmentation as leading players pressed for a greater voice in shaping its future. Several players limited their appearances at Friday's traditional pre-tournament media day to 15 minutes and declined additional multi-media interviews in a coordinated display of discontent.Player Demands Beyond Financial ConcernsThe tensions have been building for weeks, but the rhetoric sharpened in Paris, where players, such as Taylor Fritz, insisted that their grievances were not just about "wanting more money". "It's about just wanting what's fair," the American added. "As the tournaments make more money, we obviously want to see the revenue shared back to the players reflect that."Players have pointed to pensions, tournament expansion, scheduling and late-night finishes among the issues fuelling frustration, alongside what several described as a persistent lack of dialogue from organizers. Russian Andrey Rublev painted a picture of a widening disconnect: "When you try to communicate for so many years ... they don't hear you. They don't answer," Rublev said. "When you send the mail in, no one responds to official mail for months."The Financial Divide in TennisWhile top ATP and WTA events redistribute around 22 percent of revenues to players, the Grand Slams are estimated to return closer to 15 percent, a gap that has become a central source of tension. French Open organizers have been arguing that tournament profits fund entire national tennis ecosystems, not just prize money. They are expected to meet player agents on Friday as discussions continue over revenue sharing and player representation.Industry-Wide ImplicationsWorld number one Aryna Sabalenka cast the debate as a struggle on behalf of the sport's lesser lights rather than its leading stars. "It's not about me. It's about the players who's lower in the ranking, who is suffering," she said. "But as the world number one, I feel like I have to stand up and to fight for those players."Djokovic emphasized the broader structural issues facing tennis: "We tend to forget how little is the number of people that live from this sport." He pointed to golf and the divisions caused by the emergence of LIV Golf as a warning for tennis: "Let's learn from that. Let's try to be a bit more united and have a unifying voice into finding better structure and better future for our sport."Path Forward for Tennis GovernanceEven so, players adopted a more cautious tone over the prospect of a boycott after Sabalenka raised the possibility earlier this month in Rome. "I don't know if I want to start throwing around the 'B' word," Fritz said. "It's a really big deal, and I don't think we as players should really make big threats like that unless we're fully ready to do it."French Open tournament director Amelie Mauresmo expressed regret over the reduced media access: "It's always regrettable because media day is an important moment for the tournament, for journalists who come from all over the world and also for the fans through the media coverage," Mauresmo told reporters. "We understand that there are discussions and concerns from the players, but dialogue is always preferable."
#French Open #Novak Djokovic #Tennis
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Sports May 22, 2026

Premier League Team News and Predicted Lineups for Weekend Action

The Premier League weekend action is set to kick off with several highly anticipated matches. Brigh…
The Premier League Weekend Fixtures The upcoming Premier League matches feature several key teams vying for crucial points. Here are the predicted lineups and team news for the weekend action. Brighton v Manchester United Sunday, 4pm, Amex Stadium Brighton: Subs from: Steele, Veltman, Boscagli, Igor, Wieffer, Milner, Ayari, O’Riley, March, Kostoulas, Rutter Doubtful: Wieffer (ankle) Injured: Mitoma (hamstring), Webster (knee), Tzimas (knee) Suspended: None Form: WDWLWL Leading scorer: Welbeck 13 Manchester United: Subs from: Fredericson, Mee, Heaton, Obi, Bayindir, J Fletcher, T Fletcher, Malacia, Mantato, Zirkzee, Lacey, Mazraoui, Mount, Yoro, Heaven, Sesko, Dorgu Doubtful: Sesko (calf) Injured: De Ligt (back) Unavailable: Casemiro (not in squad) Suspended: None Form: LWWWDW Leading scorer: Sesko 11 Burnley v Wolves Sunday, 4pm, Turf Moor Burnley: Subs from: Dubravka, Humphreys, Hartman, Laurent, Bruun Larsen, Amdouni, Foster, Broja, Ward-Prowse, Roberts Doubtful: Roberts (achilles) Injured: Beyer (hamstring), Cullen (knee) Suspended: None Form: LLLLDL Leading scorer: Flemming 10 Wolves: Subs from: Bentley, Gracey, Doherty, Tchatchoua, Møller Wolfe, A Gomes, Bellegarde, R Gomes, Arokodare, H Bueno, T Gomes, Lima Doubtful: None Injured: Johnstone (shoulder), Chiwome (knee), González (knee) Suspended: None Form: LLLDLD Leading scorers: Arokodare, S Bueno, Mané, R Gomes 3 Crystal Palace v Arsenal Sunday, 4pm, Selhurst Park Crystal Palace: Subs from: Benítez, Matthews, Cardines, Clyne, Umeh, King, Hughes, Sosa, Jemide, Agbinone, Lerma, Uche, Devenny, Drakes-Thomas, Johnson, Strand Larsen, Guessand Doubtful: None Injured: Richards (ankle), Nketiah (hamstring), Doucouré (knee) Suspended: None Form: DLLDLD Leading scorer: Mateta 11 Arsenal: Subs from: Arrizabalaga, Setford, Calafiori, Harriman-Annous, Jesus, Ibrahim, Trossard, Havertz, Saka, Timber, Merino, Trossard, Saliba, Lewis-Skelly, Rice Doubtful: Timber (groin), Merino (ankle) Injured: White (knee) Suspended: None Form: LLWWWW Leading scorer: Gyökores 14 Fulham v Newcastle Sunday, 4pm, Craven Cottage Fulham: Subs from: Lecomte, Tete, Reed, Cairney, Smith Rowe, Jiménez, Kusi-Asare, Wilson, Berge, Chukwueze Doubtful: None Injured: Sessegnon (hamstring) Suspended: Andersen (second of three) Form: LDWLLD Leading scorer: Not provided Newcastle: Subs and team news not provided in the source.
#Premier League #Football #Brighton
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Sports May 22, 2026

Leinster's Quest to Break French Dominance in the Bordeaux-Bègles Champions Cup Final

Leinster travel to Bilbao for a sweltering Champions Cup final against French favourites Bordeaux-B…
Leinster's Quest to Break French Dominance in BilbaoLeinster face a scorching mid‑30°C afternoon at San Mamés, hoping to overturn a recent trend of French victories in the Champions Cup. Coach Leo Cullen and his squad know a win would secure a long‑awaited fifth European crown and halt Bordeaux‑Bègles' rise.Blazing Bilbao: Heat, a Narrow Pitch and a French‑Favoured OpponentThe Bilbao venue is shorter and narrower than the standard 100 m × 70 m rugby field, compressing space for both attack and defence. Opponents Bordeaux‑Bègles arrive with a lightning‑quick style, anchored by try‑machine Louis Bielle‑Biarrey (32 tries in 30 games) and the Basque play‑maker Maxime Lucu.Numbers That Define the NarrativeFrench clubs have won the last five Champions Cup editions.Since their 2018 triumph, Leinster have lost four finals, three to French sides (2022‑2024).Key player stats: Bielle‑Biarrey – 32 tries/30 games; Jamison Gibson‑Park – Leinster’s tactical fulcrum.Temperature forecast: mid‑30s Celsius, adding an endurance factor.What a Leinster Victory Means for European RugbyA win would disrupt the current French dominance, reaffirm the competitiveness of the United Rugby Championship, and strengthen the case for retaining South African franchises in the tournament. It would also showcase the impact of defensive specialist Jacques Nienaber, whose Springbok pedigree could reshape Leinster’s defensive identity.Key Factors That Could Tip the Balance on Match DayDefensive cohesion under Jacques Nienaber against Bordeaux’s high‑tempo attack.Ability of Jamison Gibson‑Park to control the tempo and neutralise Maxime Lucu's play‑making.Physical endurance in extreme heat, especially for forward packs on a reduced‑size pitch.Impact of set‑piece execution; Bordeaux’s front‑row includes powerhouse Ben Tameifuna.Both coaches acknowledge the stakes: Cullen stresses the need for a “best performance” to protect the tournament’s reputation, while Bordeaux’s staff aim to capitalize on home‑region familiarity. The outcome will likely shape strategic discussions around the Champions Cup’s format and its cross‑continental participation.
#Leinster #Bordeaux-Bègles #Champions Cup
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Politics May 22, 2026

Marco Rubio's India Visit: US-India Relations at a Crossroads

US Secretary of State Marco Rubio's three-day visit to India comes amid strained relations between …
The Lead: Rubio's Diplomatic Mission to IndiaUnited States Secretary of State Marco Rubio will travel to India on Saturday for a three-day visit taking in Kolkata, Agra, Jaipur and New Delhi. He will discuss energy security, trade and defence cooperation with senior Indian officials, US State Department spokesperson Tommy Pigott said in a statement on Tuesday.The visit comes as relations between US President Donald Trump and India's Prime Minister Narendra Modi continue to fluctuate, making Rubio's diplomatic mission particularly significant in the current geopolitical landscape.The Quad Context: Strategic Alignment in the Indo-PacificRubio is spending a few days in India ahead of a meeting of foreign ministers from the informal Quad security forum comprising the US, Japan, Australia and India in New Delhi on May 26. The Quad, or the Quadrilateral Security Dialogue, has been referred to as "the Asian version of NATO". It was formed as a response to the rising power of China and has carried out joint military and naval exercises in the Indo-Pacific region.Rubio's meeting with other leaders of the Quad will also be seen as a sign of the US reaffirming its commitment to the Indo-Pacific region, which has become increasingly important in global geopolitics.The Economic Leverage: Adani Case and Russian Oil SanctionsRubio's visit comes days after the Trump administration moved to dismiss US criminal fraud charges against Indian billionaire Gautam Adani in a case in which he is accused of bribing Indian officials with as much as $265m to secure contracts and of lying to US investors to secure a solar energy project in India, allegations that his company has long denied.The case was dropped by the US Department of Justice (DOJ) after Adani pledged a $10bn investment in the US. In an X post on Monday, US Treasury Secretary Scott Bessent announced another 30-day extension of a sanctions waiver allowing purchases of Russian seaborne oil to aid "energy-vulnerable" countries hit by the Iran war, reversing plans not to grant an extension.This extension has temporarily eased pressure on major Russian oil buyers such as India, which has previously faced US criticism for its reliance on discounted Russian crude.The Regional Impact: US Balancing Act Between India and PakistanRubio's visit comes after months of improving relations between the US and Pakistan, India's arch enemy. In April last year, India and Pakistan became embroiled in armed conflict after attackers killed 26 people in Pahalgam, a popular tourist spot in Indian-administered Kashmir. Following the Pahalgam attack, New Delhi scaled back diplomatic ties with Islamabad and suspended the Indus Waters Treaty.On May 7, India struck nine sites in Pakistan and Pakistan-administered Kashmir with missiles, which Islamabad said killed dozens of civilians. A ceasefire – for which Trump claimed credit – was eventually brokered on May 10. However, tensions between the South Asian neighbours continue to simmer."PM Modi told President Trump clearly that during this period, there was no talk at any stage on subjects like India-US trade deal or US mediation between India and Pakistan," Indian Foreign Secretary Vikram Misri said last June.The Future Outlook: Navigating Complex Geopolitical WatersAnalysts say that Rubio's visit to India is part of Washington's attempt to mend bilateral ties with New Delhi following tension between Trump and Modi last year. Sadanand Dhume, senior fellow for India, Pakistan and South Asia at the Council on Foreign Relations (CEFR), wrote in an article for the CEFR website on Thursday that Rubio is going to India in "repair" mode.Last October, Indian Foreign Secretary Shyam Saran told The Wire: "The 25-year upward trajectory of India-US relations has certainly plateaued, if not started declining". The coming months will be crucial in determining whether Rubio's visit can successfully reset the relationship or if the current tensions will continue to define US-India relations.
#Marco Rubio #Narendra Modi #Donald Trump
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Politics May 22, 2026

Trump Orders 5,000 Additional Troops to Poland Amid NATO Tensions

President Donald Trump announced a surprise deployment of 5,000 U.S. troops to Poland, reversing a …
Executive Summary of the Polish DeploymentDonald Trump used his Truth Social platform to declare that the United States will send an additional 5,000 troops to Poland, linking the decision to his endorsement of Poland’s right‑wing President Karol Nawrocki. The announcement arrives days after the Pentagon halted a separate 4,000‑troop rotation, sparking debate over whether the new troops are a redeployment of the cancelled unit or a fresh allocation.Trump Announces 5,000‑Troop Reinforcement to PolandThe post, dated Thursday, framed the deployment as a reward for the “successful election” of President Nawrocki and a signal of strong U.S.–Polish ties. The Pentagon has not confirmed the composition of the 5,000‑troop force, nor its origin—whether from the previously cancelled 2nd Armored Brigade Combat Team of the 1st Cavalry Division or from other bases such as Germany.Numbers Behind the Deployment and Existing US Presence5,000 troops announced for new deployment.~4,000 troops from the 2nd Armored Brigade Combat Team whose rotation was cancelled.Poland currently hosts about 10,000 U.S. troops on a rotational basis.Poland allocates roughly 4.5% of GDP to defence, one of NATO’s highest spending rates.The Enhanced Defense Cooperation Agreement signed in 2020 formalises a longer‑term U.S. presence in Poland, providing a legal framework for such deployments.Strategic and Political Implications for NATO’s Eastern FlankThe reinforcement bolsters NATO’s eastern edge at a time when the alliance faces heightened Russian activity in Ukraine. It also reflects Trump's increasingly transactional diplomacy—rewarding allies that align with his political brand while pressuring those perceived as less cooperative, such as Germany and Spain.Polish officials, including President Nawrocki and Foreign Minister Radek Sikorski, welcomed the move, describing it as a “vital pillar of security.” German Foreign Minister Johann Wadephul echoed the sentiment, emphasizing broader alliance benefits.What May Come Next for US‑European Military RelationsAnalysts anticipate several possible scenarios: (1) the 5,000 troops could be a temporary boost, later integrated into a permanent footprint; (2) Washington may continue reshaping its European deployments around leaders it deems politically reliable; (3) NATO members could press for clearer, multilateral commitments to avoid perceived “carrot‑and‑stick” tactics.Future statements from the White House and the Pentagon will be critical in determining whether this deployment signals a long‑term strategic shift or a short‑term political gesture.
#Donald Trump #Karol Nawrocki #Poland
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World Wide May 22, 2026

Senegal PM Defends Anti-LGBTQ Laws, Accuses West of 'Homosexual Tyranny'

Senegal's Prime Minister Ousmane Sonko has defended the nation's harsh new anti-LGBTQ laws, accusin…
Senegal's Prime Minister Defends Anti-LGBTQ Legislation Senegal's Prime Minister Ousmane Sonko has publicly defended the nation's newly enacted anti-LGBTQ laws, delivering a strong rebuke of Western influence while addressing the National Assembly. The speech comes amid international condemnation of legislation that significantly criminalizes same-sex relationships in the West African nation. New Laws Criminalize Same-Sex Relationships with Harsher Penalties The legislation, which came into effect in late March, doubles the prison sentence for same-sex sexual acts from five years to ten years. The law also criminalizes the financing of same-sex relationships, as well as what it describes as the "glorification of unnatural acts," a provision that includes the promotion of, or engagement in, homosexual acts. In February, 12 males were arrested in the capital, Dakar, for so-called "acts against nature," highlighting the increased enforcement of these laws. International Condemnation of Senegal's Crackdown United Nations Human Rights chief Volker Turk had urged President Bassirou Diomaye Faye not to enact the legislation, describing it as "deeply worrying." "This law exposes people to hate crimes, abuse, arbitrary arrests, blackmail and widespread discrimination in education, health, employment and housing. Furthermore, it restricts the legitimate work of human rights defenders, the media and freedom of expression of everyone in Senegal," Turk said at the time. Following the arrests in Dakar, Human Rights Watch called on the government to protect LGBTQ rights and release those detained, also demanding the repeal of what they termed "discriminatory and homophobic laws." Global Context of Anti-LGBTQ Legislation Senegal is one of many African nations to adopt harsher anti-LGBTQ laws in recent years, reflecting a broader trend across the continent. According to international data, 65 countries worldwide criminalize same-sex relations, with more than half of these nations located in Africa. This places Senegal within a significant global movement toward restricting LGBTQ rights, particularly in regions with strong conservative religious and cultural influences. Future Outlook for LGBTQ Rights in West Africa The stance taken by Senegal's leadership signals continued challenges for LGBTQ advocacy in West Africa, where cultural and religious conservatism often intersects with political positioning against Western influence. As neighboring nations observe Senegal's approach, the region may see either a hardening of anti-LGBTQ policies or, potentially, increased international pressure to reconsider such legislation. The international community, including human rights organizations and Western governments, faces the delicate balance of respecting national sovereignty while advocating for universal human rights standards in an increasingly polarized global environment.
#Senegal #Ousmane Sonko #LGBTQ rights
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