Real Federal Deficit Much Larger than Govt. Says: Report
Most Americans would have paid almost all of their income in taxes to balance the federal budget last year if the federal government used traditional accounting rules to assess the true size of the deficit.
West New York Mayor Arrested for Allegedly Hacking Recall Web Site3:06 pm Eastern | US Politics and Govt The mayor of West New York, New Jersey and his son have been arrested for allegedly hacking into an e-mail account and website associated with a movement to recall the mayor.read more »
| Clinton: U.S. Hacking into Al Qaeda Web Sites in Yemen24 May 09:56 | US Politics and Govt Secretary of State Hillary Clinton, in a rare admission of covert government activity, told a conference of hundreds of special operations commanders in Tampa, Fla., Wednesday, said the U.S. was hacking into al Qaeda Web sites in Yemen as a way to disrupt the terror group's operations.read more »
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Poll: Biden Not Well Liked in Swing States24 May 09:13 | US Politics and Govt Vice President Joe Biden may not be running for the nation's top job in November, but as the second man on the ticket his popularity matters. And that could be an issue for President Obama, since his running mate is not well thought of in the important swing states, according to a new survey.read more »
| SEC Charges Northern California Fund Manager in $60 Million Scheme24 May 14:13 | Business The Securities and Exchange Commission has charged an investment adviser in Scotts Valley, Calif., with running a $60 million investment fund like a Ponzi scheme and defrauding investors by touting imaginary trading profits instead of reporting the actual trading losses he incurred.read more »
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Concern Rising Over Potential Arming of Domestic Drones24 May 08:58 | USA News Concern is rising among some groups that the increased use of drones in the U.S. will not only affect privacy issues, but that they could eventually be armed as well.read more »
| HP To Cut 27,000 Jobs24 May 04:10 | Business HP has announced it will cut 27,000 jobs as part of a multi-year productivity initiative designed to save up to $3.5 billion.read more »
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Device May Inject A Variety Of Drugs Without Using Needles2:52 pm Eastern | SciTech Getting an injection at the doctor’s office may become less painful in the not-too-distant future due to a new device invented at MIT.read more »
| NASA Landsat Contest Offers View of Local Landscape Change from Space2:58 pm Eastern | SciTech NASA and the U.S. Geological Survey (USGS) are holding a contest that will offer winners customized satellite views of changing local landscapes, to celebrate the 40th anniversary of the United States' Landsat Earth-observing program. read more »
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DOT Fines Virgin America Over Disability Complaints24 May 14:04 | USA News The U.S. Department of Transportation (DOT) has fined Virgin America $100,000 for filing incomplete reports about complaints registered by passengers with disabilities and for not responding adequately to these complaints. read more »
| UK Met Office Predicts Quieter Tropical Storm Season2:40 pm Eastern | World This year's Atlantic tropical storm season may see a marked change from last year, with far fewer storms predicted in the UK Met Office forecast.read more »
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No Visible Effects Detected On Japan Nuclear Plant Workers24 May 04:25 | World The preliminary findings of a major assessment into the accident at Japan’s Fukushima Daiichi nuclear power plant last year found that although several workers in the plant had been exposed to radiation, no visible effects have been reported. read more »
| Study Reveals How People Solicit Living Kidney Donors On Facebook24 May 04:18 | SciTech Over 90 Facebook pages are seeking kidney donations for patients ranging in age from 2 to 69, according to one of the first studies of its kind.read more »
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Labour Chief Warns Of 'Growing Discontent' Among Youth23 May 15:23 | World The head of the International Labour Organization has warned of a "growing disconnect between people and policy, people and government".read more »
| Diablo III Sets PC-Game Launch Record23 May 15:12 | Entertainment Blizzard Entertainment says as of the first 24 hours of Diablo III's release, more than 3.5 million copies had been sold, setting the new all-time record for fastest-selling PC game. read more »
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Moral Decisions May Depend On The Situation23 May 14:27 | SciTech An individual's sense of right or wrong may change depending on their activities at the time – and they may not be aware of their own shifting moral integrity — according to a new study looking at why people make ethical or unethical decisions.read more »
| Obama Again Struggles in Southern Primaries23 May 10:28 | US Politics and Govt The race for the Democratic presidential nomination this year never really was, since President Obama, as the incumbent, will lead his party once more heading into November. But the president continues to struggle in primary elections nonetheless, especially in the South...read more »
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Pakistani Doctor Who Helped Guide U.S. to bin Laden Jailed23 May 09:37 | World A Pakistani doctor who helped lead the U.S. to wanted terrorist fugitive Osama bin Laden has been jailed, reports said Wednesday.read more »
| Financial Regulators Investigating Facebook IPO as Stocks Lose Value23 May 08:42 | Business Government financial regulators are looking into charges that brokerage firm Morgan Stanley may have shared negative information with institutional investors prior to the launch of Facebook's recent initial public offering.read more »
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U.S. Likely to Plunge Over 'Fiscal Cliff': CBO23 May 09:20 | US Politics and Govt Analysts with the Congressional Budget Office said the United States could very well plunge over a "fiscal cliff" if Bush-era tax cuts are allowed to expire and automatic spending cuts take effect Jan. 1.read more »
| Justin Bieber Announces 2012 Headlining North American Tour23 May 14:11 | Entertainment Platinum-selling pop singing sensation Justin Bieber has announced a headlining tour of North America. read more »
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Senate Panel OKs TSA Fee Hike22 May 15:37 | US Politics and Govt The Senate Appropriations Committee on Tuesday approved a fee hike for airline passenger security, as the Democrat-controlled panel said the increase was necessary to close a budget shortfall within the Transportation Security Administration.read more »
| Voters' Views Of Mormonism Still Hamper Romney's Campaign Say Researchers22 May 15:07 | US Politics and Govt Mitt Romney's religion was a major stumbling block for his 2008 presidential aspirations and remains so for his candidacy in 2012, according to a researcher at the University of Notre Dame. read more »
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Probability Of Contamination From Nuclear Reactor Accidents Higher Than Expected22 May 15:00 | World Western Europe is likely to be contaminated with radiation from nuclear accidents about once every 50 years, according to a new study which calls for a reassessment of the risks associated with nuclear power plants. read more »
| Internet Politics Now Integral To The United States' International Affairs: Study22 May 14:41 | US Politics and Govt A new Rice University study says Internet governance policy has rapidly risen from a relatively marginal issue for the United States’ foreign policy establishment to a significant component of the country’s international affairs and national security strategy.read more »
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Global Economy Recovering, But Major Risks Remain, Says OECD22 May 14:26 | World The global economy is gradually gaining momentum, but the recovery is fragile, extremely uneven across different regions and could be derailed by the crisis in the euro area, according to the OECD’s latest Economic Outlook.read more »
| Survey: Most Americans Support Double Food-Stamp Value at Farmer's Markets22 May 10:14 | USA News Three-quarters of Americans support a nationwide program that would double food-stamp values when used at farmer's markets, a new survey said Tuesday.read more »
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Study: High Gas Prices, Bad Economy Easing Traffic Congestion22 May 09:19 | USA News Higher gas prices and a struggling economy are two of the main reasons why traffic congestion dropped 30 percent last year in the country's 100 largest metropolitan areas, a new study shows.read more »
| Obama Campaign Rebukes Newark Mayor Booker over Bain Ad Criticism22 May 09:03 | US Politics and Govt The Obama reelection campaign has rebuked Newark, N.J., Mayor Cory Booker after he called a political assault against Bain Capital, Mitt Romney's former investment firm, "nauseating," saying the popular surrogate was just "wrong."read more »
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Malware Installed on Travelers’ Laptops Through Hotel Internet Connections22 May 02:16 | USA News The FBI is warning that malicious actors are targeting travelers abroad through pop-up windows while they are establishing an Internet connection in their hotel rooms.read more »
| SpaceX Successfully Launches Falcon 9 Rocket22 May 14:15 | SciTech SpaceX has successfully launched its Falcon 9 rocket carrying a Dragon spacecraft to orbit in a mission that will eventually make SpaceX the first commercial company in history to attempt to send a spacecraft to the International Space Station.read more »
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Former Yahoo Executive Charged With Insider Trading22 May 02:05 | USA News The Securities and Exchange Commission has charged a former executive at Yahoo! Inc. and a former mutual fund manager at a subsidiary of Ameriprise Financial Inc. with insider trading on confidential information about a partnership between Yahoo and Microsoft Corporation.read more »
| Catholic Institutions Sue White House Over Health Reform Regulations21 May 19:26 | US Politics and Govt Several Catholic institutions in the U.S. have filed suit against the Obama administration over provisions in the health reform law requiring them to provide and pay for access to contraception.read more »
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Facebook Shares Dive Over 10 Percent21 May 15:24 | Business Facebook took a beating on the NASDAQ on Monday with its share price falling by as much as 13 percent during its second day of trading on the exchange.read more »
| More Informed Citizens Have A More Positive Perception Of Politicians21 May 14:57 | SciTech Consumption of political information is linked to more moderate and positive opinions about the sector, according to a study by the University of Navarra. read more »
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Confidence In Congress Stays At Lowest Point In Almost Fifty Years: Harris21 May 14:34 | US Politics and Govt Only 6 percent of all adults have a great deal of confidence in the leaders of Congress, according to a new Harris Poll, which also found only one in ten Americans have a great deal of confidence in the press.read more »
| Line-Item Veto Hits Snag in Senate21 May 10:37 | US Politics and Govt A House-passed measure that would grant the president line-item veto authority has hit a wall in the Democrat-controlled Senate, though the popular measure has been endorsed by the White House.read more »
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Report: Romney Campaign Could Outraise Obama21 May 08:55 | US Politics and Govt Once thought implausible, a report Monday said Mitt Romney could raise more campaign funds that President Obama in his bid to unseat the incumbent.read more »
| Karzai Thanks U.S. For Shouldering Most Afghan War Costs21 May 08:33 | USA News Afghan President Hamid Karzai thanked President Barack Obama and the United States for bearing the brunt of costs during the 10-year-old-plus war in his country during a NATO summit in Chicago that will determine, in part, the alliance's schedule for handing over security control to local forces.read more »
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Earth's Water Cycle Intensifying With Atmospheric Warming21 May 15:04 | World Scientists have detected a clear change in salinity in the world’s oceans, signalling shifts and an acceleration in the global rainfall and evaporation cycle.read more »
| Soldiers Who Desecrate The Dead See Themselves As Hunters, Say Researchers21 May 15:10 | World Modern day soldiers who mutilate enemy corpses or take body-parts as trophies viewed the enemy as racially different from themselves and used images of the hunt to describe their actions, according to new research.read more »
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Majority of Americans Cut Spending Due to High Gas Prices: Research21 May 14:42 | Business Nearly six in ten Americans (59%) have cut back on non-essential spending since the beginning of 2012 due to high gasoline prices, according to new research released by Bankrate.com.read more »
| Violent Video Games Turning Gamers Into Deadly Shooters21 May 14:51 | Entertainment Playing violent shooting video games can improve firing accuracy and influence players to aim for the head when using a real gun, finds a new study in Communication Research.read more »
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Obama Surrogate Criticizes Campaign Attack on Bain Capital20 May 17:29 | US Politics and Govt A backer of President Obama has slammed his reelection campaign's attack on GOP rival Mitt Romney over his time at investment firm Bain Capital, calling it "nauseating" and saying he can't condemn the company.read more »
| Sleep Apnea Associated With Higher Mortality From Cancer20 May 13:47 | SciTech Sleep-disordered breathing (SDB), commonly known as sleep apnea, is associated with an increased risk of cancer mortality, according to a new study.read more »
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Lockerbie Bomber Dies In Libya20 May 13:30 | World The only person ever convicted for the 1988 bombing of an American jetliner over Lockerbie, Scotland, Abdel Basset Ali al-Megrahi, has died in Libya, according to reports.read more »
| Twitter Supports Internet Privacy By Adopting 'Do Not Track'19 May 16:17 | SciTech Twitter has joined efforts to protect the privacy of Internet users by saying it will support "Do Not Track" mechanisms in web browsers.read more »
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Facebook Users File Consolidated $15 Billion Digital Privacy Class Action18 May 15:49 | Business A group of Facebook users today filed an amended consolidated class action complaint in federal court in California in the case over Facebook's alleged improper tracking of its members. read more »
| Facebook Investors Beware Says CEO: 'Consider Groupon, Netflix, and MySpace'18 May 15:32 | Business Facebook has made its stock market debut on the NASDAQ but one financial advisor has urged investors to beware in light of what happened to Groupon, Netflix, and MySpace. read more »
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Ambassador Says U.S. Prepared for Iran Strike18 May 09:57 | USA News The U.S. Ambassador to Israel says Washington is prepared to launch a military strike against Iran if the situation warrants.read more »
| GAO: Most of $18 Billion in Jobs Training Misspent18 May 09:38 | US Politics and Govt A Government Accountability Office study commissioned by Sen. Tom Coburn, R-Okla., found that the vast majority of an $18 billion annual bill for federal jobs training programs is rife with fraud and abuse, and produces little in terms of actual jobs training.read more »
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Romney Campaign Releases 'Day One' Agenda Ad18 May 09:18 | US Politics and Govt Mitt Romney's presidential campaign released its first television commercial Friday, a video which outlines the GOP candidate's "day one" agenda.read more »
| Hypertension And Diabetes On The Rise Worldwide18 May 04:52 | World The number of people with high blood pressure and diabetes is drastically increasing in both developed and developing countries, according to the World Health Organization (WHO). read more »
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Postal Service Moves Ahead With $1.2 Billion In Cuts18 May 04:28 | USA News The U.S. Postal Service has announced plans to move ahead with a modified plan to consolidate its network of 461 mail processing locations to save $1.2 Billion.read more »
| Foul-Mouthed Characters In Teen Books Have It All, Finds Study18 May 04:11 | Entertainment A new study has found authors of teen literature portray their more foul-mouthed characters as rich, attractive and popular. read more »
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BU Student Charged With Careless Driving Cause Death In NZ18 May 03:04 | USA News A United States citizen has appeared in court in New Zealand charged with careless driving causing the deaths of Boston University students Nicholas Jauberty, Daniela Lekhno and Austin Brashears.read more »
| Dems to Seek 'Ex-Pat' Tax17 May 11:16 | US Politics and Govt Democratic senators say they will push for an "ex-patriot" tax following the renouncement of U.S. citizenship of Facebook co-founder Eduardo Saverin in September.read more »
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Romney Hits Obama Over Debt17 May 09:35 | US Politics and Govt Using a "national debt clock" prop as his stage backdrop, likely GOP presidential nominee Mitt Romney hit President Obama over the nation's growing sea of red ink during a campaign stop in the battleground state of Florida Wednesday.read more »
| Conference Board Leading Economic Index Dips Slightly17 May 13:58 | Business The Conference Board Leading Economic Index (LEI) for the U.S. declined 0.1 percent in April to 95.5 (2004 = 100), following a 0.3 percent increase in March, and a 0.7 percent increase in February.read more »
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Disco Diva Donna Summer Dies17 May 13:51 | Entertainment Disco star Donna Summer, who helped shape the synth pop and dance music scenes in the 1970's, has died aged aged 63.read more »
| Technology Convergence May Widen The Digital Divide17 May 14:33 | USA News Technology is helping communication companies merge telephone, television and Internet services, but a push to deregulate may leave some customers on the wrong side of the digital divide during this convergence, according to a Penn State telecommunications researcher. read more »
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Parents Are Happier People, According To Researchers17 May 14:20 | SciTech Contrary to recent scholarship and popular belief, parents experience greater levels of happiness and meaning in life than people without children, according to researchers.read more »
| Computing Experts Unveil Super Efficient 'Inexact' Chip17 May 14:10 | SciTech Researchers have unveiled an "inexact" computer chip they say challenges the industry’s 50-year pursuit of accuracy, with the design improving power and resource efficiency by allowing for occasional errors. read more »
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How Do Global Brands Become 'Infidels' In 'Consumer Jihad'?17 May 03:55 | World Among Islamists, certain global brands can be considered threats to Muslim identity, according to a new study in the Journal of Consumer Research.read more »
| NASA Estimates Roughly 4,700 Potentially Hazardous Asteroids Out There17 May 03:43 | SciTech Observations from NASA's Wide-field Infrared Survey Explorer (WISE) have led to the best assessment yet of our solar system's population of potentially hazardous asteroids.read more »
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Arizona State Representative Charged with Bribery, Fraud And Attempted Extortion17 May 03:23 | USA News A member of the Arizona House of Representatives has been charged with bribery, fraud, attempted extortion and false statements in connection with receiving more than $6,000 in tickets to sporting and special events.read more »
| Google Announces Step To Next Generation Search Engine That Thinks Like Humans16 May 14:31 | SciTech Google has announced a new search engine which changes they way search results are delivered by using an "intelligent model" that "understands" real-world entities and their relationships to one another.read more »
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First Annular Eclipse Since 1994 On Sunday16 May 14:11 | USA News A Rice University expert on eclipses, Pat Reiff, is recommending astronomy fans break out their protective eyewear for Sunday's partial eclipse of the sun. read more »
| Uganda Urged To Prosecute Captured Lords Resistance Army Officer16 May 14:03 | World There are calls for the Ugandan Government to bring to justice a senior commander of the brutal Lord’s Resistance Army (LRA), who was captured over the weekend, saying he is responsible for some of the most egregious abuses against children.read more »
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Call For Global Financial Tax To Offset Costs Of Financial Crisis16 May 13:53 | World A group of United Nations independent experts has called on the European Union (EU) to take the lead in promoting the adoption of a global financial transaction tax that would offset the costs of the current economic crisis and protect basic human rights.read more »
| Facebook Fake Sentenced to 20 Years in Prison16 May 13:48 | USA News A man who posed as an attractive 18 year old blonde on Facebook and preyed on boys he knew through a church youth group has been sent to prison for 20 years. read more »
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Senator Seeks Answers On Google's NASA Airfield Lease16 May 04:27 | USA News Republican Senator Chuck Grassley has called for answers to allegations that Google is leasing a California airfield from NASA at below market rates.read more »
| EU Naval Force Delivers Blow Against Somali Pirates15 May 15:06 | World The EU Naval Force says it has attacked and destroyed pirate equipment on the Somali coastline.read more »
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Consumer Price Index Unchanged In April15 May 14:52 | Business The Consumer Price Index (CPI-U) was unchanged in April on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics has reported. read more »
| Rebekah Brooks Formally Charged With Perverting Course Of Justice15 May 14:47 | World Former-News of the World editor Rebekah Brooks and others have been charged with perverting the course of justice in relation to the ongoing phone hacking investigations at Rupert Murdoch's News International in the United Kingdom.read more »
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Bush Endorses Romney in White House Bid15 May 14:34 | US Politics and Govt Former President George W. Bush offered his endorsement of presumptive GOP presidential nominee Mitt Romney on Tuesday, though his backing likely did not come as a surprise to most observers.read more »
| Study Says Female Terrorists Don't Fit Stereotypes15 May 10:07 | USA News A new study says female terrorists tend to be educated, employed and native residents of the country where they stage their attacks like their male counterparts, a finding that contradicts earlier stereotypes.read more »
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Group Files Suit to Declare Senate Filibuster Rule Unconstitutional15 May 09:52 | US Politics and Govt A government watchdog group has filed suit in federal court to have the Senate's filibuster rule declared unconstitutional, saying the rank partisanship amounts to a "gridlock" not envisioned by the nation's founders.read more »
| Obama Unclear Over Repeal of Marriage Act15 May 09:35 | US Politics and Govt Just days after President Obama reversed his stance on gay marriage, he is facing questions over whether he will actively pursue a repeal of the federal Defense of Marriage Act, a law that he has already instructed the Justice Department to essentially ignore.read more »
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CBS/NYT Poll: Romney Moves Ahead of Obama15 May 09:50 | US Politics and Govt A new CBS News/New York Times poll said likely GOP presidential nominee Mitt Romney has pulled ahead of President Barack Obama, though the results are within the survey's margin of error, reflecting the closeness of the race.read more »
| Blizzard Entertainment Releases Diablo III15 May 14:56 | Entertainment Blizzard Entertainment says Diablo III, the highly anticipated next chapter in its award-winning action—role-playing-game series, is now available in retail stores throughout the U.S., Canada, Europe, South Korea, Southeast Asia, Australia, New Zealand, and the regions of Taiwan, Hong Kong, and Macau. read more »
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Debt Collection Agency Executives Admit Roles In Fraud Scheme15 May 14:32 | USA News Two Florida executives have pleaded guilty to one count of conspiracy to commit wire fraud, bank fraud, and money laundering and to one count of wire fraud stemming from a $10 million fraud scheme they executed while executives at Oxford Collection Agency. read more »
| Welcome to the Central America Wire20 May 01:21 | World Welcome to the Central America Wire. This is a new wire and we will be adding content over the coming days. read more » | ||||
Ambassador Says U.S. Prepared for Iran Strike18 May 09:57 | USA News The U.S. Ambassador to Israel says Washington is prepared to launch a military strike against Iran if the situation warrants.read more »
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