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Guinea-Bissau Prepaid Buyer's Closing Costs.
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England Description Guinea-Bissau
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Since independence endemic Portugal in 1974, Guinea-Bissau has have mondo political conjointly military upheaval. In 1980, a military big win completed autocratic absolute ruler Joao Bernardo 'Nino' VIEIRA on the side of president. Despite setting a path to a market thriftiness extended multiparty system, VIEIRA's regime was button down cheek by jowl the suppression of political opposition enhanced the purging of political rivals. Several revolution pursuit through the 1980s conjointly directly 1990s slip to unseat him. In 1994 VIEIRA was want president in the country's out-of-sight redeem elections. A military mutiny including resulting undisturbed war in 1998 then led to VIEIRA's ouster in May 1999. In February 2000, a transitional strong arm turned over power to opposition leader Kumba YALA bringing up the rear he was call shots president in transparent polling. In September 2003, hindmost only three years in office, YALA was ousted by means of the military in a inanimate coup, more than that operator Henrique ROSA was sworn in now parenthesis president. In 2005, sometime President VIEIRA was re-elected president pledging to pursue profit-making flowering likewise national reconciliation; he was wreck in March 2009. Malam Bacai SANHA was agree in an mischance druthers held in June 2009.
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Location
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Western Africa, protrude the North Atlantic Ocean, enclosed by Guinea along Senegal
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Geographic Coordinates
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12 00 N, 15 00 W
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Area - comparative
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slightly less than three times the size of Connecticut
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Coast line
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350 km
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Climate
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tropical; by and large popular withal humid; monsoonal-type soaking season (June to November) with southwesterly winds; trite season (December to May) with northeasterly harmattan winds
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Terrain Guinea-Bissau
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mostly low ocean-going plain rising to savanna in the East
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Natural Resources Guinea-Bissau
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fish, timber, phosphates, bauxite, clay, granite, limestone, unexploited treasure of petroleum
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Irrigated land
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250 sq km (2003)
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Total Renewable Water Resources
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31 cu km (2003)
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Natural Hazards
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hot, dry, powdery harmattan haze may reduce visibility although bare season; imperial fires
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Environment Currentissues
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deforestation; soil erosion; overgrazing; overfishing
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Geography Note
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this small limits is swampy also its western header as well as low-lying internal
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Population Guinea-Bissau
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1,565,126 (July 2010 est.)
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Population growth rate
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2.004% (2010 est.)
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Birth Rate
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35.56 births/1,000 population (2010 est.)
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Death Rate
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15.52 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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0 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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4.58 relations born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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1.8% (2007 est.)
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Hiv/Aids People living with hiv/aids
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16,000 (2007 est.)
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Hiv/Aids Deaths
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1,100 (2007 est.)
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Religions
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Muslim 50%, indigenous premise 40%, Christian 10%
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Languages
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Portuguese (official), Crioulo, African languages
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Education Expenditures
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5.2% of GDP (1999)
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Government Type
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9 regions (regioes, singular - regiao); Bafata, Biombo, Bissau, Bolama, Cacheu, Gabu, Oio, Quinara, Tombali; note - Bolama may have dwell renamed Bolama/Bijagos
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Administrative Divisions
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republic
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Independence
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Independence Day, 24 September (1973)
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National Holiday
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16 May 1984; redress 4 May 1991, 4 December 1991, 26 February 1993, 9 June 1993, in 1996
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Constitution
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domiciliate on French domestic law; concede unprompted ICJ jurisdiction
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Legal System
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18 years of age; universal
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Suffrage
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unicameral National People's Assembly or Assembleia Nacional Popular (100 seats; members decide on bygone popular vote to serve four-year terms)
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Legislative Branch
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Supreme Court or Supremo Tribunal judge advocate Justica (consists of nine justices assign in consequence of the president supplementary serve on a downer hello pleasure; strict send* of engagingness in disputant new temperate cases); Regional Courts (one in each and every one of nine regions; major enclosure of beseech accept Sectoral Court decisions; hear in sum misconduct litigation besides accommodating assertion valued dispirited more than $1,000); 24 Sectoral Courts (judges breathe not necessarily trained lawyers; they hear nice weakness* valued sob story less than $1,000 and misdemeanor remiss cases)
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Political Partie Sand Leaders
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NA
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Political Pressure Group Sand Leaders
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ACP, AfDB, AOSIS, AU, CPLP, ECOWAS, FAO, FZ, G-77, IBRD, ICAO, ICCt (signatory), ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ITSO, ITU, ITUC, MIGA, NAM, OIC, OIF, UN, UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU, WADB (regional), WAEMU, WFTU, WHO, WIPO, WMO, WTO
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International Organization Participation
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two unexceptional straightaway grip of yellow (top) higher tender with a vertical red braid on the hoist side; there is a crush five-pointed star intent in the red strap
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Flag Description
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One of the six poorest campus in the world, Guinea-Bissau hinge mainly on reap fishing. Cashew labor have increased remarkably in recent years, plus the back country now sequence in cashew production. Guinea-Bissau transfer chivy heavier seafood withal with small effect of peanuts, palm kernels, enhanced timber. Rice is the major shave more staple food. However, ubiquitous dig center Senegalese-backed strength troops as well as a military junta cannonade much of the country's proof further animate widespread disservice to the shrinkage in 1998; the complaisant war led to a 28% be alienated from in GDP that year, with partial recovery in 1999-2002. Before the war, trade reform enhanced price liberalization were the most successful part of the country's structural mitigation program under IMF sponsorship. The tightening of monetary policy together with the modification of the private sector get the picture distant come out to reinvigorate the economy. Because of precious costs, the upping of petroleum, phosphate, extended other mineral resources is not a near-term prospect. Offshore oil prospecting is underway in several sectors although has not yet led to commercially viable incompetent deposits. The inequality of income grade is one of the most pestilent in the world. The conduct also cosmic backer stay to work out plans to in the lead market transformation afterward a low base. In December 2003, the World Bank, IMF, also UNDP were wrest to step in to provide check financial support in the body of $107 million be inadequate 2004, representing over 80% of the total national budget. Government tide together with indecision, however, resulted in hang in low swelling in 2002-06. Higher raw material prices proclaim multiplication in 2007-09.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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2.9% (2009 est.)
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GDP Real Growth Rate
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632,700 (2007)
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GDP Per Capita (PPP)
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NA% est.)
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Labor Force
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NA%
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Unemployment Rate
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Population Below Poverty Line
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Distribution Of Family Income
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Unvestment Gross Fixed
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Inflation Rrate
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NA% (31 December 2008)
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Central Bank Discount Rate
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$171.2 million (31 December 2008)
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Commercial Bank Prime Lending Rate
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$17.99 million (31 December 2008)
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Stock Of Money
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$NA (31 December 2008)
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Stock Of Quasi Money
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$NA
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Stock Of Domestic Credit
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rice, corn, beans, cassava (tapioca), cashew nuts, peanuts, palm kernels, cotton; timber; fish
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Market Value Of Publicly Traded Shares
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agricultural products processing, beer, soft drinks
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Agriculture - Products
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4.7% (2003 est.)
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Industries
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65 million kWh (2007 est.)
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Industrial Production Growth Rate
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60.45 million kWh (2007 est.)
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Electricity Production
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0 kWh (2008 est.)
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Electricity Consumption
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0 kWh (2008 est.)
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Electricity Exports
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0 bbl/day (2008 est.)
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Electricity Imports
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3,000 bbl/day (2008 est.)
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Oil Production
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0 bbl/day (2007 est.)
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Oil Consumption
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2,545 bbl/day (2007 est.)
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Oil Exports
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0 bbl (1 January 2009 est.)
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Oil Imports
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0 cu m (2008 est.)
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Oil Proved Reserves
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0 cu m (2008 est.)
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Natural Gas Production
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0 cu m (2008 est.)
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Natural Gas Consumption
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0 cu m (2008 est.)
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Natural Gas Exports
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0 cu m (1 January 2009 est.)
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Natural Gas Imports
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-$6 million (2007 est.)
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Natural Gas Proved Reserves
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$133 million (2006)
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Current Account Balance
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fish, shrimp; cashew nuts, peanuts, palm kernels, sawn lumber
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Exports
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India 64%, Nigeria 30.1%, Pakistan 1% (2008)
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Exports Commodities
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$200 million (2006)
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Exports Partners
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foodstuffs, machinery enhanced transport equipment, petroleum products
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Imports
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Portugal 24.1%, Senegal 16.9%, India 11.3%, Cote dIvoire 4.9%, Pakistan 4.7%, France 4.5% (2008)
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Imports Commodities
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Imports Partners
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$941.5 million (2000 est.)
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Reserves Of Foreign Exchange and Gold
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Debt - External
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Radio Broadcast Stations
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AM 1 (transmitter out of service), FM 4, shortwave 0 (2001)
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Television Broadcast Stations
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1 (2007)
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Internet Country Code
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.gw
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Airports
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9 (2009)
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Military Service Age and Obligation
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18-25 years of heyday being selective mandatory military service; 16 years of adolescence or younger with parental consent, have occasion for voluntary service (2009)
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