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Sexual desire increases with increased temperature- Danish study

Friday, 12 July 2013
What the bright weather does to improve libido and sexual desire is not a new issue but a Danish author has thrown some more new insight into the role played by improved sunny wither to sexual life in the dark Nordic region.

Nudity and summer sunshine reigns in Denmark and test in the Roskilde festival show

Monday, 08 July 2013
People who love to see necked flesh of human beings playing necked likely had more than they bargain Saturday as young med and women decided to take part in a nude race.

Earnings shortfall for defence company, Saab

Friday, 19 July 2013Saab
The price for peace is the loss for Defence Company such as Swedish military hardware maker, Saab. Its earnings came in far below expectations with the defence group making a profit before tax of Skr11 million for the second quarter.

Scania doing well though currency and price pressure pressed hard on earnings

Friday, 19 July 2013
Truck manufacturer Scania reported operating income of Skr2.038 million for the second quarter of 2013.

Earnings shock from Ericsson

Thursday, 18 July 2013
Despite the strong gross margin, telecom company Ericsson fails to reach up to expectations in terms of earning.

Nokia reported no earning in the second quarter

Thursday, 18 July 2013Nokia
Finnish mobile phone manufacturer, Nokia reported earnings per share excluding extraordinary expenses (non-IFRS) at 0:00 euros for the second quarter of 2013

Ikea reported to be the biggest foreign landowner in China

Wednesday, 17 July 2013Ikea in China
Swedish furniture giant, Ikea has been identified as the largest foreign landowners in the China.

TeliaSonera reports impressive profit despite dabbed with bribery and corruption scandals

Wednesday, 17 July 2013TeliaSonera
The scandal surrounding TeliaSonera's business in Uzbekistan has led to major changes in its management but the stigma of corruption and bribery does not seem to had scared off subscribers.

Nordea delivered according to expectation

Wednesday, 17 July 2013Nordea
 Nordic region's biggest bank Nordea made  an operating profit of Skr9.1 billion during the second quarter of 2013. That was higher than what the analysts who monitor the company had expected. Expectations was  for Skr 8.9 billion.

Atlas Copco announced that it won geothermal order in Turkey

Wednesday, 17 July 2013Atlas Copco
Atlas Copco announced that it won a second major order in Turkey to deliver equipment for two renewable energy geothermal power plants. The order value is circa MUSD 23 (MSEK 150).

GSK executive confesses to bribery on Chinese television - Telegraph

Tuesday, 16 July 2013

One of GlaxoSmithKline's senior executives in China has appeared on state television to publicly confess to bribery. The Telegraph

Swedbank reports lower than expected earnings

Tuesday, 16 July 2013
Swedish banking group Swedbank posted a second-quarter operating profit that missed forecasts on weaker-than-expected net items at fair value and on an unexpected write-down related to its IT system.

SKF's impressive performance - A mixed baggage

Tuesday, 16 July 2013
Swedish Ball bearing manufacturer SKF reports a profit before taxes including non-recurring items of SEK 1.627 million for the second quarter of 2013.

Radio head front man, Thom Yorke talks of album withdrawal from Spotify due to disagreement on pay - BBC

Monday, 15 July 2013
BBC reports that Radiohead lead singer Thom Yorke has said they are withdrawing some of their albums from music-streaming service Spotify in protest at how much it pays artists. BBC reports

SEB reports better than expected quarterly report

Monday, 15 July 2013
SEB reports an operating profit of Skr4.8 billion in the second quarter. That compares with an expected Skr4.0 billion.

H&M fails again to meet sales expectation

Monday, 15 July 2013
Fashion chain H&M reports June sales that have reportedly failed to meet expectations. 

Amazon on its way to Sweden - Fears grip high street booksellers and tax officials

Saturday, 13 July 2013Amazon
The U.S. e-commerce giant Amazon is approaching Sweden. This week the company is said to have started a partnership with the mobile operator "three" reports the Swedish business daily, Dagens Industri on Friday.

Nokia Unveils Lumia Phone With Camera to Revive Demand

Friday, 12 July 2013
Image Yle Finland
Nokia launches its most advanced camera phone ever - with a resolution of 41 megapixels, Lumia 1020. On paper, it is much better than anything that Apple and Samsung have been, at least in the camera arena. It is thought this is Nokia saver - read more from Bloomberg

Plastic surgeons in Denmark not affected by the economic crisis

Thursday, 11 July 2013
Although the economic crisis has meant that many have had to tighten their belts, there are other places where there is not feeling of hard times - plastic surgeons.

Danish stores join Norwegians to reject cash and opt for card payment

Thursday, 11 July 2013
Danish stores have joined Norway to start rejecting cash and opting for card payment instead. In Sweden, though both cash and card are still accepted.

Complaints about Ikea's furniture porn looking site

Wednesday, 10 July 2013
An Ikea furniture site, has been found disturbing by some a user who posted a comment about it on the GIZMODO site.

Norwegian oil fund continues to increase investment in Sweden

Wednesday, 10 July 2013
The Norwegian oil fund continues to increase its investments in Sweden and has now expanded its ownership in the Swedish property company, Wihlborgs.

SAS no longer lead in punctuality

Wednesday, 10 July 2013
Scandinavian airlines system SAS has found it hard to keep up to its traditional punctuality leadership.

Investment company, Oresund enjoys increased worth

Tuesday, 09 July 2013
Investment AB Öresund , owned largely by financier Mats Qviberg, reported a net asset value on June 30 at Skr121 per share.

Shrinkage in Swedish pharmaceutical exports as the sector experiences a fast decline

Sunday, 07 July 2013
The Sweden's pharmaceutical industry has shrunk dramatically since the millennium as exports of medicinal products from Sweden dropped.

H&M co-owner, got well paid - half a billion krona in dividends

Saturday, 06 July 2013
H & M co-owner Stefan Persson pick out half a billion in dividends from his holding in clothing chain, as the money rain into the entrepreneur's pocket.

Stora Enso entangled in a bribery scandal in China

Wednesday, 03 July 2013
Enso which bought 51 percent of the packaging company Inpac in 2010, has been dragged into a bribery issue which the company is now contesting.

Volvocar Corp., given Green light for production operations in China

Tuesday, 02 July 2013
Chinese owned Swedish automaker, Volvocar Corporations VCC has finally been given the green light by the Chinese authorities to start production of Volvo cars in China.

Nokia equipment venture deal, handset business to strain cash

Tuesday, 02 July 2013
Nokia's move to buy out Siemens AG's share of their network equipment joint venture strains a balance sheet already under pressure from a loss-making handset business, which could burn through its cash as soon as next year, reports Reuters.

Basel Seen Defying Logic in Denmark as Rule Hits Mortgages

Tuesday, 02 July 2013
Denmark is warning that the world’s biggest mortgage market per capita is again under threat from a proposal by the Basel Committee on Banking Supervision. Bloomberg

Nokia agrees to buy out Siemens equipment venture as the market seem to have welcome the news

Monday, 01 July 2013
Nokia buys 50 percent stake in their joint network company Nokia Siemens Networks (NSN) for €1.7 billion, in a deal expected to close in the third quarter of 2013, a press release from the mobile manufacturer says as Reuters reports further...

Kongsberg Automotive (KA) wins 3 new key contracts in China worth €116 M

Monday, 01 July 2013
Norway based automotive supplier, Kongsberg Automotive (KA) announced that it has secured 3 new contracts with a combined value of €116million over 5 years from various markets.

Only two Swedish companies have signed the agreement on safety in Bangladesh tailoring factory 

Saturday, 29 June 2013
So far, 66 international clothing companies have signed the agreement that will improve building and fire safety, as well as strengthening workers' rights for textile workers in Bangladesh. But only two Swedish companies have signed.

The Growing power of Spotify as Mayor Bloomberg Helped it Announce Its Big Hiring Spree in New York

Friday, 28 June 2013
Music streaming service Spotify along with New York City Mayor Michael Bloomberg announced an expansion of the company's staff and a new office today. Read more from Business Insider

Swedish police failed to pursue hate crime expressed on Twitter showing how toxic the Swedish police system is rife with institutional racism

Friday, 19 July 2013Swedish police
A little five-year-old Somali girl dies and a man goes of the micro blogging site, Twitter and expresses joy of the death of the little girl. Then the Police is informed, they check the site and see the racial incitement and stay quiet and did nothing.

Many European countries start agreeing with African activists on more trade than economic aid.

Thursday, 18 July 2013Trade lift Africa from poverty than economc aid
There is some agreement that the emergence of China for African, though having its weak points, seems to have been the strongest liberating force Africans have wanted for decades. Now more Europeans seem to have joined the ban wagon of "trade not aid," to the Dark Continent.

Sweden will not send troops to the Golan Heights as previously suspected

Thursday, 18 July 2013
Sweden has now declined to take part in the UN force that was being built to monitors the Golan Heights.

A former boss of Swedish company, Sandvik in Polish entangled in a corruption web

Thursday, 18 July 2013
A former boss of the Swedish engineering company, Sandvik in Poland through intense interrogation has admitted that he paid 10 million zlotys - the equivalent of over Skr20 million - in bribes to managers in the country's mining industry in exchange for orders for mining equipment.

Danish Neo-Nazi Vikernes freed after arrest in France for fear of the Brevick effect

Thursday, 18 July 2013
A Norwegian neo-Nazi arrested recently in France suspected of planning terror activities has been released two days after he was arrested in central France. Read more from the BBC

Oil money power intensifying in Sweden as the Middle East gradually throw its money into Swedish corporations

Stockholm Stock MarketThursday, 18 July 2013
Swedish stocks are now back to business with the Norwegian and the Middle East oil fund weighing in for more big buys after a period of slump. Norway's Oil fund is now one of the biggest money houses increasingly owning Swedish assets but the Middle East oil money is also competing strongly.

he quest for cleaner energy means the giant wind turbine blades being transported via the Danish roads is one of the most treacherous to seek clean energy

Wednesday, 17 July 2013
Image: Danish TV
As much as there is increased talks the effects of wind power, transporting the world's longest wind turbine blades across Funen and Jutland in Denmark has shown that there are more challenges to get the best out of wind.

Swedish professor calls for the Nobel institute to give Snowden a Nobel Prize

Wednesday, 17 July 2013
The man behind the unveiling of perhaps the world's most comprehensive Internet monitoring must have the Nobel Peace Prize, says a Swedish professor.Professor Stefan Svallfors has nominated Edward Snowden for the Nobel Peace Prize, according to reports flooding around yesterday.

Fall in UK unemployment - latest data from the Office for National Statistics show a fall by 57,000 to 2.51 million in the three months to May, BBC reports.

Wednesday, 17 July 2013
Unemployment rate however remains  steady at 7.8 percent, BBC.

Swedish tax cheats could be given compensation and let free - new court ruling

Tuesday, 16 July 2013Supreme court of sweden
The Swedish legal system is looking into punishment given to tax cheats and there is the consideration being examined, when the EU tax laws are applied it shows that Sweden might have been heavy handed on so-called tax cheats.

Swedish infrastructure improvement obtain billions in funding from the  EU

Monday, 15 July 2013
Swedish infrastructure projects have been given a strong boost from an EU contribution of over Skr2.6 billion in funding.

Sweden's house prices continue to rise questioning a possible housing bubble in the horizon

Monday, 15 July 2013
Swedish real estate prices for one- or two-dwelling buildings increased by almost 2 percent during the second quarter 2013 compared to the previous quarter. Prices increased by nearly 3 percent on an annual basis during the last quarter compared to the same quarter last year.

Sweden's industrial production continues to remain depressed

Monday, 15 July 2013
Swedish industrial production decreased by 2.6 percent in May compared to April in seasonally adjusted figures. Compared with May 2012, industrial production decreased by 7.3 in calendar adjusted figures.

More bad news in the Swedish job market as open unemployment edge up

Monday, 15 July 2013
According to the Swedish employment service, Arbetsförmedlingen, (AF), the number of people classed as openly unemployed increased with 1.403 persons in week 28 compared with the week before and amounted to 216.844.

Swedish Inflation rate -0.1 percent - where deflation is defined

Monday, 15 July 2013
Sweden's inflation rate was -0.1 percent in June, up from -0.2 percent in May, meaning the country's pricing system continues to remain depressed.

Tough times for Sweden's private schools - Thousands of empty seats

Sunday, 14 July 2013
A review by the Swedish daily, Dagens Nyheter of Swedish private educations system shows that many of Sweden's private schools will operate with empty seats when school resume in the next academic years, setting a stage for a crisis-like situation in the Sweden's somewhat private school model being emulated by other places such as the UK.

Danish Social Democrats calls for reform of party donation rules to make political funding more open

Friday, 12 July 2013
Denmark is trying to improve on its politics by making it cleaner than it is. All information on cash flows to political parties should be publicly available, the Social Democrats Party contend.

Up to 60,000 Swedish passports replaced for being lost or stolen in 2013

Friday, 12 July 2013
Swedish people have been very careless with their passports in the past years leading to increased replacement of passports. In 2013, up till 60000 Swedish people applied for a new passport as a result of the old one being stolen or lost.

Food prices start falling except for milk

Friday, 12 July 2013
Food prices start falling globally and even in Sweden too where recently it was analysed that Sweden was one of the most expensive places in Europe to eat. However, the fall in prices will not affect milk.

Britain to take weapon dealing to second level dealers thus outsourcing weapon business  

Friday, 12 July 2013
Britain is to debuts a controversial discussion to put its 159 billion pound military equipment-buying programme in the hands of a private company. The driver for the move is said to be for it to struggle to clamp down on cost overruns and delays, reports Reuters.

Britain still has a Motor Industry and it is to get financial booster to push for relevance

Friday, 12 July 2013
Britain still has a motor industry and it will get a boost of more than one billion pounds in new funding over the next decade to improve its global competitiveness. Read more from Sky news via LBC

Increased internet fraud in Sweden- danger on the cyber space

Thursday, 11 July 2013
Until June this year, Swedish police received over 10, 000 complaints of internet fraud . This is thus being described as an explosion in internet fraud coming from different structure and colours from the internet.

Swedish problem regions emerging in the villages - massive shops closures there spelling disaster in the future.

Thursday, 11 July 2013
Sweden gradually facing up to rural-urban migration as the country's villages or smaller settlement areas is facing hard time with smaller businesses.

Swedish jobs market continues to be tough as more go without a job

Wednesday, 10 July 2013
The Swedish jobs market has always been tough but now it's getting tougher. Despite various moves taken to try to stimulate the job market, there is no sign of improvement.

Women Night shifts worker will find it hard to get pregnant, a new research show

Wednesday, 10 July 2013
Women who work night shifts may have more difficulty getting pregnant than others, a major new study shows a link between shift work and reduced fertility, according to a British study.

Landline telephone continues to get unpopular in Sweden

Wednesday, 10 July 2013
Landline telephone continues to shrink rapidly pushing telecom companies out of profitability.

Ramadan blamed for driving up obesity - increase sugar consumption the major driver

Tuesday, 09 July 2013
Today starts the Muslim solid month of Ramadan, which on the surface means that increased fasting and hardship. Instead of this hardship intensified by increased fasting in the recent years, it has meant that many Muslims have gained weight.

Danish premier Thorning-Schmidt accepts that there is increasing inequality in the Danish Society

Tuesday, 09 July 2013
The Danish Prime Minister, Helle Thorning-Schmidt acknowledges that inequality has technically increased during her coalition government.

Global Corruption getting worse as Scandinavia maintains some reputation

Tuesday, 09 July 2013
The BBC has presented the best map showing which countries are not corrupt and which ones are least.

Lars Vilks exhibites in gallery Rönnquist & Quist in Malmo and the police is there to protect him

Tuesday, 09 July 2013
Lars Vilks, the man Muslims in Sweden and beyond are looking for after cartooning Prophet Mohammed as a dog has descended onto Malmö during the Ramadan period to unveil a new exhibitions. The fun is that the police in there to protect him from those wanting to get in contact with him.

Food waste is to emerge in a new Danish restaurant

Tuesday, 09 July 2013
A new Danish restaurant to serve discarded food items - that is what is on the menu at a new restaurant that wants to focus on food waste - not in a bad way but to put edible food being discarded into real use.

Poor European immigrants are denied medical care in Sweden

Tuesday, 09 July 2013
As the new law that will ensure that, even undocumented residents in Sweden would receive healthcare get on the way, it has also emerged that EU citizens without health insurance would continue not to have access to healthcare in the country.

Danish travellers abroad are complaining of being extorted by hospitals in foreign countries.

Monday, 08 July 2013
Danes travelling abroad as students or tourist are complaining that foreign medical establishments, doctors, and hospitals are extorting them and their insurers for money.The travel insurance company, Gouda had made this point after receiving exorbitant increase bills during the school summer holidays period.

Continued fall in Swedish industrial production

Monday, 08 July 2013
Swedish Industrial production decreased by 2.6 percent in May compared to April in seasonally adjusted figures. Compared with May 2012, industrial production decreased by 7.3 in calendar adjusted figures.

Swedish's Social Democrat, Stefan Löfven heaps praises on Nelson Mandela as he called for a Sweden where everyone has a shot in life.

Sunday, 07 July 2013
Stefan Löfven Speaking in Almedalen, Visby on Sunday
In the last day of Swedish political retreat in Visby, known here as Almedalen, the Social Democrats made the last call with the leader of the party, Stefan Löfven talking what his Sweden would look like if he get to the helm.

Russian money flows in to Finland

Sunday, 07 July 2013
Russian investors have been in the spotlight since the Helsinki Arena was sold to new Russian owners, with the venue’s main tenants Jokerit ice hockey club now planning to move to Russia’s Continental Hockey League (KHL) in 2014. Read more from Yle Finland

Why Iceland Should Abandon The Krona And Use Bitcoin As Its Currency Instead

Sunday, 07 July 2013
The government of Iceland does not have the necessary skills to manage its own currency. As such it is being advised to ditch the Icelandic krona and adopt Bitcoin, a nascent virtual currency, the Guardian reports.

The power to fruits and vegetable to the health of man shown in a new study in which  Eating more greens leads to three more years to life

Saturday, 06 July 2013
It had been known that eating more vegetable and fruits lead to better and healthy lifestyle. That seems to have been more assumptions than facts as a new Swedish study tries to put facts where its supposed to have been missing.

Rampant tax evasion hit Denmark as Dkr123 billion vamoosed to tax havens

Saturday, 06 July 2013
Tax evasion from Denmark has more than quadrupled in seven years. Evidence of this according to Danish authorities is that Denmark lost tax revenue for the equivalent of over Dkr120 billion.

Mounting challenges to private ownership and management as Swedish politicians start reversing private operations in the welfare services.

Friday, 05 July 2013
If the current Swedish Red-Green opposition parties come to power after the 2014 elections, there are greater chances that private companies allowed today to operate and provide welfare services with profit motive as their "modi operandi" could be quarantined.

The Swedish central bank, the Riksbank wants to know how much debt people have amassed

Friday, 05 July 2013
It is an open secret the Swedish household debts are astronomical but it seems the central bank does not know really how much people owe. Therefore, it has requested such information to be sent to them ASAP by the banks.

What benefits did the Eurovision Song Contest bring to Malmö / Sweden?

Friday, 05 July 2013Eurovision song Malmö
As the politicians continue in their traditional political retreat in Visby during the  Almedalsveckan in which politicians and their parties score and loose points, reports emerged that Skåne in Southern Sweden  and especially Malmö won big in their hosting of the Eurovision Song Contest last spring.

Iceland MP proposing a bill to its Congress to grant US fugitive leaker, Snowden citizenship

Thursday, 04 July 2013
Icelandic MP and former Minister of the Interior, Ögmundur Jónasson his morning raise the issue which would see the parliament debate on a bill to grant the American NSA whistleblower and fugitive, Edward Snowden, a citizen of Iceland.

Danish companies anxious of industrial espionage after revelations that the US spied and collated data.

Thursday, 04 July 2013
The revelations that the U.S. National Security Agency NSA surveillance systems are being used actively in Europe has intensified fears of industrial espionage could be rife among Danish companies. The fears is that the US might have been collecting industrial secrets from Danish companies.

Swedish Premier, Fredrik Reinfeldt vents his anger at the far rights Sweden Democrats and called for their absolute isolation

Thursday, 04 July 2013
Swedish Prime Minister, Fredrik Reinfeldt went on fierce attack against the Swedish far right party, the Sweden Democrats in his speech in Almedalen, at the Swedish political retreat in Visby on the island of Gotland.

Sweden advices against travelling to Egypt and condemns any military action.

Thursday, 04 July 2013
Swedish Foreign Office has advised the Swedish people against travels to Egypt and writes that "Egypt can very quickly get into a downward spiral of progressively worse consequences," writes Foreign Minister Carl Bildt on his blog today.

Norwegian political youths, the AUF are gathering again after the attack on Utoya

Thursday, 04 July 2013Utoya
The youths of the Norwegian Labour party (AUF) are heeding to pressure and are reorganising another summer camp, the first after Anders Behring Breivik's attack on them on the island of Utoya, two years ago.

How the Husby crisis in the Stockholm neighbourhood forcing Sweden to painfully adopt some colour in public life

Wednesday, 03 July 2013
The pressure heaped on the non-white people in Sweden bulged into riots in the Stockholm suburbs and related neighbourhood last May and which shocked the world. The BBC is reporting about how angry a Swedish neighbourhoods became to shock the world.

Swedish people are against tax cuts

Wednesday, 03 July 2013

Swedish taxes are very high and the country is considered as one of the high tax paying country in the world but does one think this is something the Swedish people sleep less about, nope!

Swedish food prices keeps to the tradition of being among the most expensive in the EU

Wednesday, 03 July 2013
When was the last time something was cheaper in Sweden than another EU of EFTA countries. After paying some of the highest taxes in the world the rest of the money goes to very expensive survival resources such as rents and food.

Sweden should participates with NATO's special forces in exercises or loose military support

Wednesday, 03 July 2013
The Swedish opposition party, the Social Democrats had been the stumbling bloc to Sweden's involvement with active operations with NATO. It has now agreed that Sweden should participate in NATO advanced rapid reaction forces exercises.

Brown fat can contribute to heart attacks in winter - Swedish research suggests

Wednesday, 03 July 2013
Brown fat otherwise called calorie-incinerator, which has been described as being  causing ones body to burn other fat when one get cold has been found to still be dangerous - causing cardiovascular disease.

Swedish voters see lots of same things among the various political parties

Wednesday, 03 July 2013Sweden
Why do all main Swedish political parties have similar policies and same approach to managing the economy? The people want to see a difference or Sweden should become a one party state or hand over to the far rights.

Swedish building construction sector is teaming with bribery and corruption

Tuesday, 02 July 2013
Sweden is seen as a very quirky cleans and organised country with low corruption and high rule of law in the northern hemisphere, right? Wrong. One sector shows just how corrupt Sweden might be - the building and construction sector.

Sweden has a mammoth task to create 400,000 new jobs if it has remain viable - worker's Union

Tuesday, 02 July 2013TCO
Sweden needs to create at least 400,000 new jobs within the coming 10 years if it wants to attempt to keep its welfare state running.

A growing number of businesses have started leaning how live with a Social Democrat victory after the next elections

Tuesday, 02 July 2013
For more than a year now, the Swedish opposition party, the Social Democrats has been leading in the opinion polls and as the election ticks closer and closer, there is a growing resignation on the side of businesses that the socialists are coming for sure.

Sweden and Russia in political crossroads as it emerged that Swedish diplomats in Russia secretly filmed

Tuesday, 02 July 2013
Sweden has once again reached a diplomatic impasse with Russia after it emerged that the Russian secretly filed the Swedish foreign minister.

A growing number of Danes are getting skin problem akin to cancer or melanoma

Monday, 01 July 2013
The Danish government in the past years has carried out massive campaigns to inform people about care for their bodies in relations skin inconsistencies. Despite that, a record number of Danes are reporting growing number of melanoma and even more other forms of skin cancer.

Swedish PMI rose to 53.5 in June as the industrial sector of the economy brightens

Monday, 01 July 2013
The Swedish Purchaser's Managers Index (PMI) rose to 53.5 in June from 51.9 in May, an increase of 1.6 index points.

Swedish opposition coalition continue to hold their ground in their fight for office in next election

Sunday, 30 June 2013swedens-governing-coalition
The Swedish opposition parties or the Red Green coalition continues to hold their ground in terms of voters' opinion as the general elections date getting closer and closer.

Topless protest in a Stockholm Mosque

Saturday, 29 June 2013
Three topless protesters took to a Mosque in the Swedish capital Stockholm and were arrested and taken to the police station.

Sweden enjoying a 25 percent increase in exports to emerging economies

Friday, 28 June 2013
Sweden seems to have successfully deviated its focus from the toxic EU market to new and merging ones in the developing countries.

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