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Print - 2013-06-21
LB polls: PTI, JI to forge electoral alliance?

LB polls: PTI, JI to forge electoral alliance?

Following the developing a good working relationship at Khyber Pakhtunkhwa, Pakistan Tehrik-e-Insaf (PTI) and Jamaat-e-Islami (JI) decided to jointly go for local bodies' (LB) election. The insiders say that both parties have decided to make the alliance
Published 21 Jun, 2013 12:00am
Bangladesh students admire developments in higher education sector

Bangladesh students admire developments in higher education sector

A 40-member delegation comprising students from various universities of Bangladesh visited Higher Education Commission (HEC) on Thursday as part of their study tour to Pakistan. Speaking on the occasion, Chairperson HEC, Dr Javaid R Laghari said universit
Published 21 Jun, 2013 12:00am
Over 70 parties from four countries attend Chem & Dyes Tech Expo

Over 70 parties from four countries attend Chem & Dyes Tech Expo

President, Karachi Chamber of Commerce and Industry, Muhammad Haroon Agar inaugurated the 2nd Chem and Dye Tech Expo 2013 here at the Expo Centre. More than 70 local and foreign exhibitors from China, Taiwan, India and Germany participated here on Thursda
Published 21 Jun, 2013 12:00am
FO explains country's role in Doha talks

FO explains country's role in Doha talks

The Foreign Office Thursday said Pakistan role in Doha talks between US and Taliban is just of a facilitator in a bid to bring peace and stability in Afghanistan, working with all the stakeholders. "Securing a lasting peace in Afghanistan is the top prior
Published 21 Jun, 2013 12:00am
Baloch poet escapes grenade attack

Baloch poet escapes grenade attack

House of a local Baloch poet was attacked with hand grenades in Balochistan's Gwadar distract on Thursday. Mubarak Qazi remained safe in the blast. Officials said the miscreants hurled hand grenades on Mubarak Qazi's residence located in Pasni, a medium-s
Published 21 Jun, 2013 12:00am
Referendum to usher in new era of democracy: MQM

Referendum to usher in new era of democracy: MQM

The Deputy Convenor of the MQM's Central Co-ordination Committee Dr Khalid Maqbool Siddiqi on Thursday said that MQM's Public Referendum "is the beginning of a new chapter of democracy in Pakistan". He was addressing a press briefing at MQM's headquarters
Published 21 Jun, 2013 12:00am
Fake price hike: Commissioner vows action against elements

Fake price hike: Commissioner vows action against elements

Commissioner Karachi, Shoaib Ahmad Siddiqui on Thursday warned of strict action against elements creating fake price hike and artificial shortage of edible items, with specific reference to milk and chicken. Chairing a meeting with the representatives of
Published 21 Jun, 2013 12:00am
It's provinces' right to collect FED on services: Senate body told

It's provinces' right to collect FED on services: Senate body told

Law and Justice Division repeatedly conveyed to the Federal Board of Revenue (FBR) that the FBR is legally not empowered to collect Federal Excise Duty (FED) on services as it is the right of the provinces. The issue of FED on services came under discussi
Published 21 Jun, 2013 12:00am
1,000 feared dead in Indian monsoon as army mobilises

1,000 feared dead in Indian monsoon as army mobilises

India's military battled Thursday to reach villages and towns cut off by flash floods and landslides in the country's north as officials warned at least 1,000 people may have been killed. Helicopters and close to 10,000 soldiers have been deployed to resc
Published 21 Jun, 2013 12:00am
Turkmenistan gets first Israeli ambassador

Turkmenistan gets first Israeli ambassador

The Central Asian state of Turkmenistan, which shares a 1,000 kilometre border with Iran, has accepted the credentials of the first ever Israeli ambassador to the country, state media said Thursday. President Gurbanguly Berdymukhamedov received the ambass
Published 21 Jun, 2013 12:00am
Landslides and floods in Nepal kill 39

Landslides and floods in Nepal kill 39

At least 39 people have been killed in landslides and floods triggered by heavy monsoon rain in mainly remote parts of Nepal, a government official said Thursday. "So far, 39 people from across the country have been killed by landslides and floods," said
Published 21 Jun, 2013 12:00am
Palestinian Prime Minister Hamdallah submits resignation

Palestinian Prime Minister Hamdallah submits resignation

Palestinian prime minister Rami Hamdallah presented his resignation to president Mahmud Abbas on Thursday, just two weeks after he took office, a high-ranking government official told AFP. Hamdallah "presented his resignation in writing to the president f
Published 21 Jun, 2013 12:00am
China, Russia blast US criticism on human trafficking

China, Russia blast US criticism on human trafficking

China and Russia on Thursday attacked a US government report that accused them of failing to do enough to combat human trafficking, a finding that could trigger sanctions by Washington. "We believe that the US side should take an objective and impartial v
Published 21 Jun, 2013 12:00am
British teacher found guilty of abducting schoolgirl

British teacher found guilty of abducting schoolgirl

Married British teacher Jeremy Forrest was on Thursday found guilty of abducting a 15-year-old schoolgirl after they fled together to France. A jury found 30-year-old Forrest guilty over the episode in which the pair spent seven days on the run, sparking
Published 21 Jun, 2013 12:00am
US doubles aid to world's burgeoning refugees

US doubles aid to world's burgeoning refugees

The United States on Thursday doubled its aid to the UN refugee organisation to some $890 million, as officials warned one person every four seconds flees their home to escape war and strife. "We blink our eyes 15 times every minute, so every time you bli
Published 21 Jun, 2013 12:00am
Lourdes devastated as France counts cost of freak weather

Lourdes devastated as France counts cost of freak weather

France said Thursday it would declare a state of natural disaster in the south-west of the country after floods claimed three lives and devastated Lourdes. Fears the Catholic pilgrimage site could be forced to close its doors to visitors for months recede
Published 21 Jun, 2013 12:00am
Brazil fare hikes rolled back but protesters, police clash

Brazil fare hikes rolled back but protesters, police clash

Protesters battled police late Wednesday near Rio de Janeiro, even after Brazil's two biggest cities rolled back the transit fare hikes that triggered two weeks of nation-wide protests. The fare rollback in Sao Paulo and Rio de Janeiro marked a major vict
Published 21 Jun, 2013 12:00am
Saudi Arabia offers Iran's Rohani qualified support

Saudi Arabia offers Iran's Rohani qualified support

Saudi Arabia, a Gulf rival of Iran, wants Iranian President-elect Hassan Rohani to seek stability in the Middle East and avoid interfering in other states' affairs, a Saudi official was quoted as saying on Thursday. "If that is what Rohani aims for, then
Published 21 Jun, 2013 12:00am
US scraps tons of gear as it leaves Afghanistan

US scraps tons of gear as it leaves Afghanistan

The US military has destroyed more than 77,000 metric tons of military equipment - including mine-resistant troop transport vehicles - as it prepares to withdraw from Afghanistan in late 2014, the Washington Post reported Thursday. More than $7 billion wo
Published 21 Jun, 2013 12:00am
Italy coalition will survive Berlusconi trial: Prime Minister

Italy coalition will survive Berlusconi trial: Prime Minister

Italian Prime Minister Enrico Letta predicted Thursday that his uneasy governing coalition would survive Silvio Berlusconi's legal woes and ruled out early elections. "I see the government as stable and focused on its goals and I don't foresee any impact
Published 21 Jun, 2013 12:00am
Bangladeshi court orders 10 militants hanged

Bangladeshi court orders 10 militants hanged

A Bangladeshi court sentenced 10 Islamic militants to death on Thursday after finding them guilty of assisting a deadly suicide bombing on a lawyers' office in 2005, a prosecutor said. The militants, from the outlawed Jamayetul Mujahideen Bangladesh (JMB)
Published 21 Jun, 2013 12:00am
Jamaat-e-Islami welcomes US-Taliban talks

Jamaat-e-Islami welcomes US-Taliban talks

While welcoming the US-Taliban talks, Ameer, Jamaat-e-Islami, Pakistan, Syed Munawar Hasan has stressed upon the Pakistan leadership to stop military operations and come to the negotiation table as war could not solve any issue. In a statement here on Thu
Published 21 Jun, 2013 12:00am
ECP ready to hold LB election: Ebrahim

ECP ready to hold LB election: Ebrahim

Chief Election Commissioner former justice Fakhruddin G Ebrahim on Thursday said that the Election Commission of Pakistan (ECP) was ready to hold local bodies' election. Talking to media persons here at the Lahore High Court, he said that it happened firs
Published 21 Jun, 2013 12:00am
Another school blown up

Another school blown up

Miscreants blew up another school at Karbogha Sharif in the suburb of Hangu city in Balochistan. On the other hand, terrorists destroyed a house with remote control bomb; however, no casualty has been reported. Before this, terrorists rocked the Quetta ci
Published 21 Jun, 2013 12:00am
Speakers highlight potential of Inland Water Transport System

Speakers highlight potential of Inland Water Transport System

"Transport your cargo through rivers and canals; save the money and environment; also earn money for carbon credits", was the unanimous call of navigation experts, surveyors, industrialists, government bodies and legal fellows in a seminar that explored p
Published 21 Jun, 2013 12:00am
'Quaid never wanted Pakistan to be a theocratic state'

'Quaid never wanted Pakistan to be a theocratic state'

Four octogenarians who worked as workers of Pakistan movement under Quaid-e-Azam Mohammad Ali Jinnah said, "Quaid never wanted Pakistan to be a theocratic state but a welfare democratic and Islamic state dedicated to service of the people." Brigadier Sali
Published 21 Jun, 2013 12:00am
Karachi violence claims nine more lives

Karachi violence claims nine more lives

At least nine persons were killed in different incidents of violence in the city on Thursday, police and rescue sources said. A police constable named Aftab, 50, was killed while another was injured when they tried to intervene during a robbery attempt in
Published 21 Jun, 2013 12:00am
Emirates announces three-day sale on fares

Emirates announces three-day sale on fares

Emirates Airline, one of the world's fastest growing airlines, is inviting globalistas to visit its home and hub Dubai this season announced on Thursday, the three-day sale on its Business Class fares world-wide between June 20-22 with tickets starting to
Published 21 Jun, 2013 12:00am
Imran Farooq case: Altaf's house searched for 55hrs?

Imran Farooq case: Altaf's house searched for 55hrs?

In connection with Dr Imran Farooq's murder investigation, Metropolitan Police Counter Terrorism Command Unit Thursday concluded a 55-hour search in two North West London "residential addresses" - one of them belonging to Muttahida Qaumi Movement (MQM) ch
Published 21 Jun, 2013 12:00am
Business community hails federal budget

Business community hails federal budget

President Sialkot Chamber of Commerce and Industry (SCCI) Sheikh Abdul Majid on behalf of business community has hailed the Federal Budget 2013-14 and termed it revenue generation focused budget. Talking to media here on Thursday evening, he said that ove
Published 21 Jun, 2013 12:00am
Woman burnt by in-laws

Woman burnt by in-laws

A woman was shifted to hospital in a critical condition after she was allegedly burnt by her in-laws over domestic issues here on Thursday. Police arrested husband of the woman, Najmal, and registered a case. Doctors of Allied Hospital said that 70 percen
Published 21 Jun, 2013 12:00am
NAB's board to take up complaint against Gilani soon, LHC told

NAB's board to take up complaint against Gilani soon, LHC told

The National Accountability Bureau (NAB) on Thursday told the Lahore High Court that a complaint filed against former Prime Minister Syed Yousuf Raza Gilani and others would be taken up in the next meeting of the bureau's board. A division bench was heari
Published 21 Jun, 2013 12:00am
Terrorist sanctuaries Pakistan rebuts Afghan allegations

Terrorist sanctuaries Pakistan rebuts Afghan allegations

Pakistan on Thursday categorically rejected an Afghan accusation in the UN Security Council about the existence of terrorist sanctuaries on Pakistani soil, saying peace and stability in Afghanistan is a key constituent of Islamabad's foreign policy.
Published 21 Jun, 2013 12:00am
IT slabs of salaried class be made equitable: Senate panel

IT slabs of salaried class be made equitable: Senate panel

The Senate Standing Committee on Finance Thursday recommended that income tax slabs of salaried class should be reviewed to make them equitable as existing proposal is regressive. The Federal Board of Revenue officials agreed to review the proposed income
Published 21 Jun, 2013 12:00am
Chicken becomes scarce on short supply

Chicken becomes scarce on short supply

Chicken meat is not available in the city as the Sindh Poultry Association (SPA) asked dealers not to sale the meat after provincial government fixed prices recently. Citizens have expressed concern over continuously rising prices of chicken meat in the c
Published 21 Jun, 2013 12:00am
SNGPL disconnects 24 industrial, commercial connections

SNGPL disconnects 24 industrial, commercial connections

Sui Northern Gas Pipelines Limited (SNGPL) has disconnected gas connections of 24 industrial and commercial consumers who owed Rs 179.6 million. In order to expedite recovery from industrial and commercial consumers, the SNGPL is regularly monitoring reco
Published 21 Jun, 2013 12:00am
SNGPL disconnects 24 industrial, commercial connections

SNGPL disconnects 24 industrial, commercial connections

Sui Northern Gas Pipelines Limited (SNGPL) has disconnected gas connections of 24 industrial and commercial consumers who owed Rs 179.6 million. In order to expedite recovery from industrial and commercial consumers, the SNGPL is regularly monitoring reco
Published 21 Jun, 2013 12:00am
Smeda to become paperless organisation

Smeda to become paperless organisation

Small and Medium Enterprises Development Authority (SMEDA) is going to be completely transformed into a paperless organisation within three months. According to the Authority's spokesman, a process to upgrade the information technology at SMEDA head offic
Published 21 Jun, 2013 12:00am
New bill on LG set-up soon: Punjab government informs LHC

New bill on LG set-up soon: Punjab government informs LHC

Punjab government on Thursday informed to Chief Justice Lahore High Court that a new bill was in the offing with regard to local government set-up in the province. A law officer stated before the court while appear in a petition filed by Local Councils As
Published 21 Jun, 2013 12:00am
EU consultant, UVAS VC discuss diploma courses

EU consultant, UVAS VC discuss diploma courses

A European Union Result-Oriented Monitoring Mission comprising EU consultant Douglas McLure visited the University of Veterinary and Animal Sciences (UVAS) Lahore on Thursday; and discussed with Vice Chancellor Professor Dr Talat Naseer Pasha diploma cour
Published 21 Jun, 2013 12:00am
Reap concerned at decline in rice export

Reap concerned at decline in rice export

Rice Exporters Association of Pakistan (Reap) is concerned at persistent decline in rice export for last few years and hopes that PML-N government will take urgent measures to boost rice export. Altaf Hussain, Secretary Reap said this while talking to
Published 21 Jun, 2013 12:00am
Workshop

Workshop

Punjab University Vice Chancellor, Professor Dr Mujahid Kamran has said that knowledge was the source of power and respect. He said this while addressing a workshop on environmental pollution awareness organised by Institute of Chemical Engineering and Te
Published 21 Jun, 2013 12:00am
India sets up elaborate system to tap phone calls, e-mail

India sets up elaborate system to tap phone calls, e-mail

India has launched a wide-ranging surveillance programme that will give its security agencies and even income tax officials the ability to tap directly into e-mails and phone calls without oversight by courts or parliament, several sources said. The expan
Published 21 Jun, 2013 12:00am
India sets up elaborate system to tap phone calls, e-mail

India sets up elaborate system to tap phone calls, e-mail

India has launched a wide-ranging surveillance programme that will give its security agencies and even income tax officials the ability to tap directly into e-mails and phone calls without oversight by courts or parliament, several sources said. The expan
Published 21 Jun, 2013 12:00am
India sets up elaborate system to tap phone calls, e-mail

India sets up elaborate system to tap phone calls, e-mail

India has launched a wide-ranging surveillance programme that will give its security agencies and even income tax officials the ability to tap directly into e-mails and phone calls without oversight by courts or parliament, several sources said. The expan
Published 21 Jun, 2013 12:00am
Russia, China reach $60 billion oil supply deal

Russia, China reach $60 billion oil supply deal

Moscow and Beijing have reached agreement on a $60 billion contract to ramp up Russian oil supplies to China, part of the two countries'' strategy to tighten their energy partnership, Russian President Vladimir Putin said on Thursday. "A contract with Ros
Published 21 Jun, 2013 12:00am
Russia, China reach $60 billion oil supply deal

Russia, China reach $60 billion oil supply deal

Moscow and Beijing have reached agreement on a $60 billion contract to ramp up Russian oil supplies to China, part of the two countries' strategy to tighten their energy partnership, Russian President Vladimir Putin said on Thursday. "A contract with Rosn
Published 21 Jun, 2013 12:00am
Russia, China reach $60 billion oil supply deal

Russia, China reach $60 billion oil supply deal

Moscow and Beijing have reached agreement on a $60 billion contract to ramp up Russian oil supplies to China, part of the two countries' strategy to tighten their energy partnership, Russian President Vladimir Putin said on Thursday. "A contract with Rosn
Published 21 Jun, 2013 12:00am
Surveillance drones used in US: FBI

Surveillance drones used in US: FBI

Unmanned drones are roaming American skies conducting surveillance on people in the United States, albeit in a "very minimal way," the head of the FBI revealed to Congress on Wednesday. Federal Bureau of Investigation director Robert Mueller said his agen
Published 21 Jun, 2013 12:00am
Surveillance drones used in US: FBI

Surveillance drones used in US: FBI

Unmanned drones are roaming American skies conducting surveillance on people in the United States, albeit in a "very minimal way," the head of the FBI revealed to Congress on Wednesday. Federal Bureau of Investigation director Robert Mueller said his agen
Published 21 Jun, 2013 12:00am
Obama confuses British finance minister with soul singer

Obama confuses British finance minister with soul singer

US President Barack Obama repeatedly called British finance minister George Osborne "Jeffrey" at the G8 summit, media reported on Thursday. The US president said three times that he agreed fully with "Jeffrey" during his presentation on G8 host Britain's
Published 21 Jun, 2013 12:00am
ISE index gains 25.25 points

ISE index gains 25.25 points

Bulls dominated the proceedings on Thursday at the Islamabad Stock Exchange (ISE) where equities continued to move in upward direction with positive trend at the ISE amid increase in index. ISE Ten Index showed an improvement of 25.25 points as the ISE Te
Published 21 Jun, 2013 12:00am
The Weather

The Weather

The weather report on Thursday (June 20, 2013) and the forecast for Friday (June 21, 2013).

Published 21 Jun, 2013 12:00am
ISE index gains 25.25 points

ISE index gains 25.25 points

Bulls dominated the proceedings on Thursday at the Islamabad Stock Exchange (ISE) where equities continued to move in upward direction with positive trend at the ISE amid increase in index. ISE Ten Index showed an improvement of 25.25 points as the ISE Te
Published 21 Jun, 2013 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (June 20, 2013).

Published 21 Jun, 2013 12:00am
LSE index declines by 45.07 points

LSE index declines by 45.07 points

Equities on Thursday moved both ways on the Lahore Stock Exchange and finally settled in negative zone amid descending transaction volume on account of lack of interest on the part of investors. The LSE-25 index was declined to 4579.91 against 4624.98 of
Published 21 Jun, 2013 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 21 Jun, 2013 12:00am
LSE index declines by 45.07 points

LSE index declines by 45.07 points

Equities on Thursday moved both ways on the Lahore Stock Exchange and finally settled in negative zone amid descending transaction volume on account of lack of interest on the part of investors. The LSE-25 index was declined to 4579.91 against 4624.98 of
Published 21 Jun, 2013 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 21 Jun, 2013 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (June 20, 2013).

Published 21 Jun, 2013 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (June 20, 2013).

Published 21 Jun, 2013 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (June 20, 2013).

Published 21 Jun, 2013 12:00am
BRIndex30 down by 61.69 points

BRIndex30 down by 61.69 points

On Thursday, BRIndex30 opened at 14,285.59. It touched an intraday high of 14,408.55 and an intraday low of 14,200.57 and closed at 14,223.90 which was -61.69 points or -0.43 percent lower than previous close. Total volume was 148,529,100, which was 49.16
Published 21 Jun, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 20, 2013).

Published 21 Jun, 2013 12:00am
BRIndex30 down by 61.69 points

BRIndex30 down by 61.69 points

On Thursday, BRIndex30 opened at 14,285.59. It touched an intraday high of 14,408.55 and an intraday low of 14,200.57 and closed at 14,223.90 which was -61.69 points or -0.43 percent lower than previous close. Total volume was 148,529,100, which was 49.16
Published 21 Jun, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 20, 2013).

Published 21 Jun, 2013 12:00am
Bears overwhelm bulls

Bears overwhelm bulls

Bears defeated bulls at Karachi Stock Exchange (KSE) Thursday and the market witnessed correction due to profit-taking by investors. With a decline of 120.68 points, the KSE-100 index closed at 22,015.04 against 22,135.72 points Wednesday. The local bours
Published 21 Jun, 2013 12:00am
Bears overwhelm bulls

Bears overwhelm bulls

Bears defeated bulls at Karachi Stock Exchange (KSE) Thursday and the market witnessed correction due to profit-taking by investors. With a decline of 120.68 points, the KSE-100 index closed at 22,015.04 against 22,135.72 points Wednesday. The local bours
Published 21 Jun, 2013 12:00am
Bears overwhelm bulls

Bears overwhelm bulls

Bears defeated bulls at Karachi Stock Exchange (KSE) Thursday and the market witnessed correction due to profit-taking by investors. With a decline of 120.68 points, the KSE-100 index closed at 22,015.04 against 22,135.72 points Wednesday. The local bours
Published 21 Jun, 2013 12:00am
THE RUPEE: slides against dollar

THE RUPEE: slides against dollar

Payment to the International Monetary Fund (IMF) and sharp fall in the gold rates caused panic buying of dollar on local currency market on Thursday, dealers said. Some experts said that big payment to the IMF at the month-end and steep fall in the gold p
Published 21 Jun, 2013 12:00am
GST hike: Supreme Court to announce judgement today

GST hike: Supreme Court to announce judgement today

The Supreme Court will announce on Friday (today) its judgement on the raise in the General Sales Tax (GST) rate by one percent without approval from Parliament. The Supreme Court had taken a suo motu notice on the implementation of GST increase a day aft
Published 21 Jun, 2013 12:00am
THE RUPEE: slides against dollar

THE RUPEE: slides against dollar

Payment to the International Monetary Fund (IMF) and sharp fall in the gold rates caused panic buying of dollar on local currency market on Thursday, dealers said. Some experts said that big payment to the IMF at the month-end and steep fall in the gold p
Published 21 Jun, 2013 12:00am
GST hike: Supreme Court to announce judgement today

GST hike: Supreme Court to announce judgement today

The Supreme Court will announce on Friday (today) its judgement on the raise in the General Sales Tax (GST) rate by one percent without approval from Parliament. The Supreme Court had taken a suo motu notice on the implementation of GST increase a day aft
Published 21 Jun, 2013 12:00am
GST hike: Supreme Court to announce judgement today

GST hike: Supreme Court to announce judgement today

The Supreme Court will announce on Friday (today) its judgement on the raise in the General Sales Tax (GST) rate by one percent without approval from Parliament. The Supreme Court had taken a suo motu notice on the implementation of GST increase a day aft
Published 21 Jun, 2013 12:00am
MPS today

MPS today

The State Bank of Pakistan will release Monetary Policy Statement (MPS) today (Friday) for next two months. The SBP''s Central Board of Directors is scheduled to meet on June 21, 2013 for deliberation on the key economic issues to finalise the Monetary Po
Published 21 Jun, 2013 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (June 20, 2013).

Published 21 Jun, 2013 12:00am
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