Stock market today: Wall Street rises toward more recordsO n Tuesday a letter will land on the desk of every cabinet minister from Darren Jones, the chief secretary to the Treasury, announcing the start of the public spending review, which will decide precisely how the government spends taxpayers’ money for the next two years. It will demand three things: first, that ministers spend money on things the public actually cares about to demonstrate they are on the side of voters. Second, that they tackle waste. Every department will be told they need to find 5 per cent savings from waste and inefficiencies. Third, that they reform public services to make them more productive and get better value for money for the taxpayer. “We cannot keep paying more for poor performance,” Jones writes. This is the next step in Sir Keir Starmer’s plan to focus on the priorities of his government after he unveiled his six “milestones” last week, giving concrete targets that he aims to hit before the next election. But the exercise is about more than just improving the way government functions — it is ground zero in a battle to convince already sceptical voters that Labour is any more capable of improving their lives than the Tories were.
About 75,000 homes with approved development applications across Greater Sydney have not commenced construction, underscoring the state government’s struggle to tackle the housing crisis in the face of tough economic conditions. Weeks after NSW Labor revealed its latest major planning reform, a three-person development authority to expedite approval times, Planning Minister Paul Scully conceded the success of any regulatory change was dependent on economic pressures subsiding. “We acknowledge that macroeconomic conditions are tough at the moment, but the need for more housing is too urgent, and when economic conditions shift, the planning system needs to be at its most effective and efficient,” Scully said. Premier Chris Minns wants to fast-track higher-density development in Sydney. Economic headwinds are undermining his reforms. Credit: The scale of the housing challenge confronting NSW has only intensified since Premier Chris Minns took government in March last year. After committing to build 263,000 homes across Greater Sydney by July 2029, departmental forecasts now expect only 151,670 will be constructed in that time. NSW needs to build 75,000 homes a year for the next five years to meet its commitments under the National Housing Accord. Last month, the Herald revealed only 45 per cent of 895 approved development applications for large-scale housing projects – builds with at least 19 new dwellings – had obtained construction certificates by March this year , according to an analysis by University of Sydney Emeritus Professor Peter Phibbs, reflecting the broad economic challenges faced by the development industry. The stalled applications represented 47,536 dwellings, more than double the net completions in the previous year to June. But further figures obtained by this masthead under freedom of information laws highlight how economic headwinds are not just affecting projects with large capital costs, but all types of housing, showing proponents with approved development applications of all sizes were delaying or jettisoning construction plans. In NSW, 13,687 development applications were approved since 2021-22 but had not begun construction as of March 10, data from the Department of Planning, Housing and Infrastructure shows. The stalled projects would provide 75,205 dwellings. University of NSW City Futures Research Centre director Professor Bill Randolph said the sheer number of approved development applications demonstrated the problem with fixating reform on the planning system, saying there was a greater counter-cyclical role for government to play in delivering affordable housing. “It’s the market, not the planning system, that determines the rate of which stuff gets built. That’s becoming more and more evident,” he said, adding that the current downturn in the economic cycle had been exacerbated by the pandemic, migration, and then inflation. “We’re just chasing our tails if we think reforming the planning system is going to solve this.” The department’s data, updated in late October, showed net completions over the preceding 12 months to June had plunged to just above 21,000, 18 per cent below the previous five financial years’ average. In a bright spot for the government, October experienced the highest number of approvals since May 2023, nearly 35 per cent more than the preceding month. Last month, Minns said that dealing with construction feasibility across Greater Sydney was a “complex issue”, but he noted that access to finance and capital was “harder to get today than it has been for decades”. Scully said the government was doing everything in our remit to “streamline the planning system”, smoothing out kinks in the development pipeline that were slowing down housing delivery. “Of course we want building commencements to align with housing approvals, but this comes down to development feasibility, labour costs, interest rates, building material costs and sometimes consent conditions,” he said. Shadow planning minister Scott Farlow said the problem appeared to be especially affecting Sydney, noting the number of development application approvals not commenced had increased by 18 per cent over the last year while falling in other capital cities. He criticised the government’s imposition of a housing and productivity tax on developments last year, saying it had exacerbated the city’s feasibility crisis as increases in the cost of construction and land outpace apartment prices. Property Council NSW executive director Katie Stevenson said getting shovels in the ground was proving difficult across Greater Sydney, blaming high government taxes and charges, as well as “delays in post-approval decision-making”, such as when acquiring additional approvals and licences from agencies such as Sydney Water. “Without government action to make it economically viable for the property sector to build more homes, the housing crisis is only going to get worse,” she said. “The NSW government can’t control all the costs preventing housing delivery, but one lever they can pull is to put a temporary pause on newly introduced additional taxes and charges on development during the National Housing Accord period to kickstart the housing delivery communities need.” The Morning Edition newsletter is our guide to the day’s most important and interesting stories, analysis and insights. Sign up here .REGINA — The Saskatchewan legislature resumed Monday, with Premier Scott Moe’s government promising to do better on everything from health care to education -- and on civility in the house. The two-week sitting began with the election of a new Speaker – Melfort member Todd Goudy – and a throne speech outlining the priorities and goals of Moe’s governing Saskatchewan Party. Prior to the throne speech, Moe told reporters his caucus will no longer send the Speaker harassing text messages and are to follow the Speaker’s orders. “It's incumbent on me to ensure that I'm having the conversations with the team that I serve alongside,” Moe said when asked about texting issues. “We will be critical of policy at times, also complimentary of policy at times, but always be respectful of all the members in that assembly. “(The Speaker) is the arbitrator in the room, and as I would say, the most honourable position of all.” The last Speaker, Randy Weekes, accused members of Moe’s Saskatchewan Party caucus of intimidation and harassment through text messages. Weekes did not run in the last election. Goudy told the assembly he will put aside political biases in his new role and allow members to express opinions while preserving decorum. He said he hopes members will treat one another with respect. Moe said his caucus will lead by example. "With respect to what a new beginning looks like ... you're just going to have to watch us," he said. "The tone is going to be a respectful one, and the effort that we are going to bring forward is to really quantify and clarify what a brighter future in Saskatchewan looks like.” The start of the legislative session comes a month after the Oct. 28 election, which delivered Moe's party a slimmer majority with 34 seats in the 61-seat legislature. Carla Beck's NDP is to form the Opposition with 27 seats. The government's first piece of legislation is to be the Saskatchewan Affordability Act. The bill is to enact the Saskatchewan Party's election campaign commitments to address affordability issues, including personal tax relief to save a family of four more than $3,400 over four years. The province also plans to continue not charging the federal carbon levy on home heating, introduce a home renovation tax credit and increase benefits for those with disabilities and families with kids in sports and arts. On health care, Moe said he's promising to hire more family doctors and shorten surgical wait times by making sure 450,000 surgeries are performed over four years. He also said the province wants to open additional urgent care centres in Regina and Saskatoon, along with others in smaller cities. In education, the speech promises to expand a pilot program that would see 200 additional schools in Saskatchewan receive specialized support to deal with students with higher needs. The government also promises more funding to help children from kindergarten to Grade 3 improve reading skills. "A child's ability to read at a level by Grade 3 is the single greatest predictor of future academic success," Moe said. The government has already changed course on one election announcement. On the campaign trail, Moe announced that the first order of business of his government would be a policy that would ban “biological boys” from using school changing rooms with “biological girls.” After the election, Moe said that policy was no longer his first order of business and that he misspoke when announcing it. On Monday, he said Monday school boards are being consulted on a change room policy that would support all students. Beck has said the ban would put vulnerable kids at even greater risk. The NDP also plans to push the government to pause the 15-cent-a-litre gasoline tax. Beck has said her party is to introduce an emergency motion Tuesday that would call for a suspension of the gas tax by Wednesday. This report by The Canadian Press was first published Nov. 25, 2024. Jeremy Simes, The Canadian PressThe History Of The Flat-Twin Engine (And What Makes It So Unique)
Avior Wealth Management LLC reduced its stake in shares of Ferguson plc ( NASDAQ:FERG – Free Report ) by 24.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 611 shares of the company’s stock after selling 196 shares during the period. Avior Wealth Management LLC’s holdings in Ferguson were worth $121,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also made changes to their positions in FERG. Asset Dedication LLC acquired a new position in Ferguson during the third quarter valued at $27,000. EdgeRock Capital LLC acquired a new position in Ferguson during the second quarter valued at $32,000. Capital Performance Advisors LLP acquired a new position in Ferguson during the third quarter valued at $37,000. Peterson Financial Group Inc. acquired a new position in Ferguson during the third quarter valued at $39,000. Finally, Reston Wealth Management LLC acquired a new position in Ferguson during the third quarter valued at $40,000. 81.98% of the stock is currently owned by institutional investors and hedge funds. Ferguson Stock Up 1.2 % Shares of NASDAQ FERG opened at $208.94 on Friday. Ferguson plc has a 12-month low of $166.21 and a 12-month high of $225.63. The stock has a market cap of $41.94 billion, a PE ratio of 24.49, a P/E/G ratio of 2.01 and a beta of 1.20. The company has a current ratio of 1.80, a quick ratio of 1.00 and a debt-to-equity ratio of 0.89. The company has a 50-day moving average of $200.83 and a 200 day moving average of $202.73. Ferguson Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 8th. Investors of record on Friday, September 27th were paid a dividend of $0.79 per share. The ex-dividend date was Friday, September 27th. This represents a $3.16 annualized dividend and a yield of 1.51%. Ferguson’s dividend payout ratio is presently 37.05%. Analyst Upgrades and Downgrades FERG has been the subject of a number of recent analyst reports. Royal Bank of Canada lifted their price objective on shares of Ferguson from $211.00 to $219.00 and gave the company an “outperform” rating in a report on Wednesday, September 18th. Oppenheimer initiated coverage on shares of Ferguson in a report on Wednesday, October 23rd. They issued an “outperform” rating and a $234.00 price objective for the company. Wells Fargo & Company lifted their price objective on shares of Ferguson from $225.00 to $232.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. UBS Group lifted their price objective on shares of Ferguson from $228.00 to $236.00 and gave the company a “buy” rating in a report on Wednesday, September 18th. Finally, Citigroup lifted their price objective on shares of Ferguson from $203.00 to $221.00 and gave the company a “neutral” rating in a report on Wednesday, September 18th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Ferguson has a consensus rating of “Moderate Buy” and an average target price of $233.38. Read Our Latest Analysis on Ferguson Insider Activity at Ferguson In other Ferguson news, SVP Garland Williams sold 1,118 shares of the business’s stock in a transaction dated Monday, October 14th. The shares were sold at an average price of $201.22, for a total value of $224,963.96. Following the transaction, the senior vice president now directly owns 1,882 shares in the company, valued at $378,696.04. The trade was a 37.27 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website . Also, VP Michael Jacobs sold 2,624 shares of the business’s stock in a transaction dated Monday, October 14th. The shares were sold at an average price of $200.96, for a total transaction of $527,319.04. Following the completion of the transaction, the vice president now owns 1,116 shares in the company, valued at $224,271.36. The trade was a 70.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In the last quarter, insiders sold 12,313 shares of company stock valued at $2,477,901. Corporate insiders own 0.16% of the company’s stock. Ferguson Profile ( Free Report ) Ferguson plc distributes plumbing and heating products in the United States and Canada. It offers plumbing and heating solutions to customers in the residential, commercial, civil/infrastructure, and industrial end markets. The company also provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, fabrication, and others, as well as heating, ventilation, and air conditioning products under the Ferguson brand name. Featured Stories Receive News & Ratings for Ferguson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ferguson and related companies with MarketBeat.com's FREE daily email newsletter .Believe it or not, Cowboys might have hope yet after chaotic win at WashingtonImpacted by an increase in soap prices and unseasonal rainfall slowing down sales of the home insecticides (HI) segment, Godrej Consumer Products expects a "flattish" underlying volume growth and a mid-single-digit sales growth in the domestic market in the December quarter. Both segments jointly contribute to two-thirds of GCPL's standalone revenue -- mainly income from operations from the domestic market. However, the rest of the portfolio is demonstrating good performance and is expected to deliver double-digit underlying volume growth, Godrej Consumer Products Ltd (GCPL) said in an update on business conditions and quarterly performance to the exchanges. "The demand conditions in India have been subdued for the past few months which is evident in the FMCG market growth," it said. A surge in palm oil and derivatives prices to the extent of a year-on-year increase of 20-30 per cent has impacted the soaps category, representing one-third of GCPL's standalone business revenue. "To partly offset the cost increases we have taken price increases, reduced grammage of key packs and reduced various trade schemes," said the Godrej Industries Group FMCG arm. Finance A2Z Of Money By - elearnmarkets, Financial Education by StockEdge View Program Artificial Intelligence(AI) AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Entrepreneurship Building Your Winning Startup Team: Key Strategies for Success By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Entrepreneurship Crafting a Powerful Startup Value Proposition By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Web Development JavaScript Essentials: Unlock AI-Driven Insights with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Advanced C++ Mastery: OOPs and Template Techniques By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Future of Marketing & Branding Masterclass By - Dr. David Aaker, Professor Emeritus at the Haas School of Business, UC Berkeley, Author | Speaker | Thought Leader | Branding Consultant View Program Entrepreneurship Marketing & Sales Strategies for Startups: From Concept to Conversion By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Web Development Master RESTful APIs with Python and Django REST Framework: Web API Development By - Metla Sudha Sekhar, IT Specialist and Developer View Program Entrepreneurship From Idea to Product: A Startup Development Guide By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Finance Crypto & NFT Mastery: From Basics to Advanced By - CA Raj K Agrawal, Chartered Accountant View Program Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance AI and Generative AI for Finance By - Hariom Tatsat, Vice President- Quantitative Analytics at Barclays View Program Artificial Intelligence(AI) Java Programming with ChatGPT: Learn using Generative AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Basics of Generative AI: Unveiling Tomorrow's Innovations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development C++ Fundamentals for Absolute Beginners By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program Artificial Intelligence(AI) Tabnine AI Masterclass: Optimize Your Coding Efficiency By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Advanced Java Mastery: Object-Oriented Programming Techniques By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Django & PostgreSQL Mastery: Build Professional Web Applications By - Metla Sudha Sekhar, IT Specialist and Developer View Program Entrepreneurship Boosting Startup Revenue with 6 AI-Powered Sales Automation Techniques By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Office Productivity Microsoft Word Mastery: From Beginner to Expert By - CA Raj K Agrawal, Chartered Accountant View Program Web Development Intermediate Java Mastery: Method, Collections, and Beyond By - Metla Sudha Sekhar, IT Specialist and Developer View Program Such pricing actions typically have minimal impact on category consumption but do result in reduced inventory across wholesale and household pantries, it said. It anticipates normalisation happening on the volume growth side following price stabilisation after the next few months only as per the historical patterns. Moreover, delayed winters in the north and cyclones in south India have slowed down sales in the HI segment, which also contributes one-third to GCPL's standalone business. "This has impacted HI category growths in the current quarter," it said. Under the HI category, GCPL operates in the home hygiene segment with mosquito repellent brands such as Good Knight and HIT. "However, given the significant contribution of soaps and HI to the overall business mix, the standalone business is expected to report around flattish underlying volume growth and around mid-single digit sales growth in this quarter," it said. According to GCPL, these are "exceptional situations in standalone business" that the management believes are transitionary and not structural. "Hence the management remains focused on navigating these near-term challenges while maintaining strategic investments for long-term growth as these negative trends are likely to persist for a few months," it added. GCPL's international businesses continue to do well on their relevant strategic objectives, it added. Indonesia, which is the second largest market for GCPL after India, it expects to deliver a "continued superior performance with mid-single digit volume growth and high single-digit sales growth". While its GAUM (Godrej Africa, USA, and Middle East) organic business is expected to see volume decline due to a reduction in trade stocks and portfolio simplification, as per its earlier guidance. "The effects of these actions would be largely completed in Q3 FY25. However, we continue to do well on our profitability journey, and this is likely to be the fourth consecutive quarter of healthy EBITDA margins for GAUM," it said. Through these updates, GCPL provided an overall summary of the demand conditions & trends and operating performance during the ongoing quarter. "This will be followed by a detailed performance update, post the approval of the Q3 FY25 financial results by the Board of Directors," it added. In FY24, GCPL had a consolidated revenue of Rs 14,096 crore in which 59 per cent was from the Indian market and the rest 41 per cent was generated from international operations. Nominations for ET MSME Awards are now open. The last day to apply is December 15, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award. (You can now subscribe to our Economic Times WhatsApp channel )
High-End Bicycle Market size is set to grow by USD 5.03 billion from 2024-2028, growing adoption of e-bikes in developing countries boost the market- Technavio
West Ham's Antonio in hospital after road traffic incidentGeorgia QB Carson Beck announces plan to enter NFL draft after season-ending elbow injury
The Supreme Court on Friday agreed to review a pair of consequential decisions that struck down the Federal Communication Commission 's Universal Service Fund, a $8 billion annual program supporting phone and internet access in schools, libraries, and rural areas. A decision in the case, for which arguments are expected next year, could reshape the boundaries of federal regulatory authority and reignite debates over the nondelegation doctrine, which limits Congress ’s ability to transfer legislative power to federal agencies. One of the cases granted, Consumers' Research v. FCC, was previously decided in a 9-7 ruling by the full 5th U.S. Circuit Court of Appeals that found the USF’s funding mechanism unconstitutional. The legal question more specifically focuses on the FCC's authority to collect fees from telecommunications providers, who pass the cost to consumers to fund the program. The 5th Circuit, one of the most conservative in the nation, determined that Congress granted the FCC excessive power and that the agency further delegated authority to a private entity, violating constitutional limits. The cases granted Friday coincide with a broader trend of reviewing alleged federal regulatory overreach, as the previous high court term saw the justices curb federal regulatory power by overturning Chevron deference , restricting administrative adjudication in SEC v. Jarkesy , and reinforcing the major questions doctrine. A conservative challenge to federal oversight Consumers' Research, a conservative advocacy group campaigning against "woke" corporate frameworks such as environmental, social, and governance principles, argued that the FCC’s funding structure unfairly burdens consumers and exceeds the scope of its congressional mandate. The Supreme Court previously declined to hear similar appeals by Consumers' Research after federal appellate courts upheld the program in a case known as SHLB Coalition v. Consumers' Research. However, the 5th Circuit’s en banc decision presented a split that warranted the justices’ attention. The Biden administration swiftly appealed the ruling, arguing that dismantling the USF would disrupt critical services relied upon by millions of people in the United States. The nondelegation doctrine returns The Supreme Court has not struck down a federal law on nondelegation grounds since 1935, but recent conservative-majority rulings suggest a willingness to revisit the doctrine. Republican-appointed Justices Neil Gorsuch and Clarence Thomas have been vocal about their interest in curbing what they see as an unchecked delegation of power to administrative agencies. Other members appointed by Republican presidents, including Chief Justice John Roberts and Justice Amy Coney Barrett, have also expressed concerns about the constitutional boundaries of agency authority. Legal experts believe the case could serve as a significant vehicle for the court to clarify or expand the nondelegation doctrine. Corbin Barthold, internet policy counsel at TechFreedom, predicted last month that the justices could be interested in taking on the case, writing on his Substack page: "A majority of the sitting justices have expressed interest in ending that dry spell, and they are about to get their chance." Possible effect on rural and underserved communities The outcome of the case could have far-reaching implications for communities that depend on the Universal Service Fund. Rural areas, where broadband access remains sparse, are among the largest beneficiaries of the program. Schools and libraries that rely on the fund to provide internet access for students could also face significant setbacks if the funding structure is dismantled. Supporters of the USF argue that its elimination would create a digital divide, disproportionately harming low-income and rural communities. However, critics contend that the funding method is regressive, effectively taxing consumers to subsidize services in a manner that lacks transparency and accountability. “American citizens and consumers alike deserve basic accountability in government and in the marketplace," Will Hild, executive director of Consumers' Research, wrote in a statement Friday. "Americans currently are forced to pay a tax with every phone bill, set by unelected bureaucrats, at the recommendation by the same private corporation that receives the revenue." CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER The Supreme Court's eventual ruling in this case will likely have ripple effects across the regulatory landscape, possibly limiting the ability of federal agencies to enact rules without explicit congressional authorization. However, the timing of the case adds a political wrinkle: with arguments expected in late March, the incoming Trump administration will have an opportunity to influence the litigation’s trajectory. The administration’s stance remains unclear, but it could signal a shift in federal regulatory priorities.So ends one of the wildest weeks in recent memory for the Nebraska football program. The one-week overlap of high school recruiting, transfer portal entries, coaching changes and bowl game decisions meant there were highs and lows for Nebraska fans to go through — but the program’s leader wasn’t bothered by the departures and changes that hit the Huskers. “If we have good players and we have good coaches, then people are gonna come try to get them,” Nebraska head coach Matt Rhule said on Wednesday. “If no one’s trying to take our players, it means we’re in trouble.” With news to break down in each of those areas, let’s drop into coverage: Nebraska’s defensive coaching staff will look much different in 2025 compared to 2024, but Rhule is hopeful that the defense itself won’t change much. Defensive coordinator Tony White is off to Florida State and has taken defensive line coach Terrance Knighton with him, a major blow to a Nebraska defense that ranked inside the top 20 nationally each of the last two seasons. Knighton was one of Rhule’s best hires for his initial Nebraska coaching staff. The defensive line, presumed to be a question mark in 2023, instead became a strength of the team. Players like Ty Robinson and Nash Hutmacher reached new heights under Knighton’s coaching, while several young Huskers also made an impact up front. There’s plenty of returning talent in the defensive line room even after some roster turnover, but NU’s next defensive line coach will have big expectations to continue Knighton’s good work at the position. As for White, he implemented his 3-3-5 scheme to great success a year ago, but Nebraska lined up slightly differently this fall with a four-man rush utilized far more often than in 2023. He’ll be a good fit at Florida State, while Nebraska has turned to John Butler in the interim to lead its defense. There’s no doubting Butler’s pedigree as a former NFL defensive mind, and his influence showed up in the way the Nebraska defense operated this season. Whether it’s Butler or an external hire who leads the Nebraska defense next season, continuity on that side of the ball is the expectation. “The defense isn’t going to change, but the offense is going to be better,” Rhule said. That optimism is underscored by the return of Dana Holgorsen as Nebraska’s offensive coordinator. Having brought in his own wide receivers coach, Daikiel Shorts Jr., Holgorsen will begin transforming the Nebraska offense this spring after the team’s bowl game. Nebraska signed a 20-player recruiting class on Wednesday that is loaded with talent across the board. While recruits can still sign with teams in February, expect Nebraska to be finished along the recruiting trail — and that means it’s time to take stock of the players in its 2025 recruiting class. Here are five of those signees who should impact the long-term future of the Husker football team. First up is linebacker Dawson Merritt. The highest-ranked signee in NU’s 2025 class was an Alabama commit for a reason, and it’s because the pass-rushing potential he shows. Set to be an off-ball linebacker and hybrid edge rusher at Nebraska, Merritt is the type of player who can make an impact early in his collegiate career. If he reaches his long-term potential, Merritt should be an NFL prospect when he leaves Nebraska. Nebraska also landed a top playmaking prospect in wide receiver Cortez Mills. Another wide receiver recruit, Isaiah Mozee, will provide an impact — but Mills is the all-around prospect who could dominate targets in a year or two’s time. The fast, athletic pass-catcher knows how to run himself open against coverage and excels at winning in one-on-one situations. Quarterback Dylan Raiola will like playing with Mills. In the secondary, cornerback Bryson Webber should be a starter down the road. His status as a former wide receiver gives him the ball skills Nebraska is after the spot, and Webber’s long, athletic frame will help him against opposing wide receivers. He may not be a day-one starter at cornerback, but Webber will make the position his own in the years which follow. Another explosive playmaker on offense is running back Jamarion Parker. Having signed alongside Bishop Neumann’s Conor Booth, Parker could be the lightning to Booth’s thunder as a one-two running back punch in the years which follow. A big-play threat and tough runner, Parker is an all-around talent who Nebraska and Holgorsen will find a way to utilize. The final pick is linebacker Christian Jones. Hard-nosed, athletic inside linebackers are hard to come by, but Jones is one of the rare few who could have a future at the position. He’s a top athlete who could push for playing time early in his career. For those interested, here are the five players I identified from NU’s 2024 class one year ago: Dylan Raiola, Carter Nelson, Willis McGahee IV, Mario Buford and Grant Brix. While Jacory Barney Jr. is a notable miss from that list, all but Brix played in at least 10 games and had an impact as freshmen. Nebraska’s transfer portal entrants have begun trickling out, and there will be many more which follow as a result of the 105-player roster limit teams must abide with next season. Many of the toughest departures to stomach have come on defense, where a veteran-heavy group will look much different in terms of its personnel next season. Defensive lineman Jimari Butler, a two-year starter at the position, has decided to move on. So have linebackers Mikai Gbayor and Stefon Thompson — who might’ve been starters next season — and rising young defenders Princewill Umanmielen, James Williams and Kai Wallin. Williams, Wallin and Umanmielen were all impactful defenders for Nebraska this fall, but their status as pass-rushing specialists still left room for improvement as all-around defenders. Butler and Gbayor, however, would’ve been pegged as no-doubt veteran starters, so their choice to move on will impact NU’s defensive strength. No entry was more surprising than that of running back Emmett Johnson, a player who emerged as NU’s top rusher late in the 2024 season. The up-and-down nature of Johnson’s Nebraska career — he showed flashes down the stretch in 2023 and was hardly utilized this fall prior to Holgorsen taking over — may have impacted his decision to seek out a new opportunity. Nebraska’s transfer portal targets will become clearer in the coming days, but one player has already stated his interest in the Huskers. Fresno State linebacker Phoenix Jackson, a multi-year starter at the position, announced on social media that Auburn, Indiana, Nebraska and SMU are the four teams he’s considering transferring to. Prior to learning its bowl opponent, Nebraska had a light week of practice before things get intense later this month. The Huskers practiced on Tuesday and Thursday last week with its veterans sitting out as younger players got reps in front of their coaches instead. Rhule said he expects Nebraska to practice from Tuesday to Thursday this week, with another day on Saturday during which the Huskers could bring transfer portal visitors to campus. “Being in bowl practice right now is exactly what this team needs, exactly what we need moving forward,” Rhule said. “I saw guys practice (Tuesday) and look like I haven’t seen them look all year.” After his firing at Nebraska, former head coach Scott Frost didn’t need to rush into his next coaching job, instead waiting for a situation and school that made sense for him. While it didn’t work out in Lincoln, there’s no denying the success Frost had at UCF. The in-state talent around the school and Frost’s offense made for a great fit, even if he only had two seasons to show it. The Knights are no longer in the AAC, though, instead having moved to a new-look Big 12 which has the makings of a difficult conference. It’s a good fit for Frost, but there’ll still be an element of pressure for him to deliver results and show that he can rebuild the program once again. Get local news delivered to your inbox!Everyone benefits from transparency and Australians have a right to know who is funding our political parties and candidates. But for decades Australians have been left in the dark about the rivers of gold flowing to our political parties. Last year's Australian Electoral Commission (AEC) data shows more than $50 million in " " going to the major parties. In fact, over the past five years that number has ballooned to more than $290 million - with no public record of where it has come from. or signup to continue reading Thanks to the AEC data we do know, although often 18 months after the fact, that wealthy individuals and powerful interests like the gambling and fossil fuel sectors, and trade unions, have been bankrolling our major parties for years. Like topping up your tank with petrol, the major parties regularly go cap in hand to these powerful groups to fund their election campaigns. Cash for access, pay-to-play, call it what you will. This system of political financing, and its bedfellow - opaque lobbying - harm our democracy. It also creates an uneven playing field and risks corrupting the policy-making process. So how do the Albanese government's proposed electoral reforms which look set to pass the Senate this week tackle the issue of big money in politics? The good news is that political parties and candidates would be required to disclose any donations for election campaigns on a "real-time" or monthly basis. This would be more frequent during, and seven days after, federal elections. What's more, all donations over $1000 would need to be disclosed. This is down from the current rate of disclosure of $16,300. These long-overdue changes, promised before the 2022 election by the ALP, are to be celebrated. In fact, Transparency International Australia first called for them federally similar laws almost 10 years ago. Like grocery shopping, election campaigns have become eye-wateringly expensive. In the year leading up to the 2022 election, Australia's political parties spent a massive $418 million in an US-style arms race. The Coalition spent $132 million, Labor $116 million, and Clive Palmer's United Australia Party burned through $123 million but secured just one MP. On face value the proposed expenditure caps of $800,000 per electorate and $200,000 cap for Senate candidates sound reasonable. As does reducing the overall expenditure of political parties to $90 million per election compared to previous elections. But major parties might still be able to game the system. For example, parties could thwart the $800,000 electorate cap by simply advertising for their party - Labor or Liberal and not the local candidate - which comes under their $90 million national advertising cap instead. Similarly, separate Senate caps might also help major parties scale up campaign resources in marginal seats they want to win. Every electoral system is different. However, a key part of electoral reform globally to reduce the impact of big money has over politics has also been to cap donations that fund election campaigns. A majority of the 38 like Canada, Ireland and even the US, have some form of limits or caps on how much people or corporations can donate. France and South Korea even ban corporates and other legal entities from financing candidates and some nations ban donations from state-owned enterprises or corporations that have government contracts. Other countries cap the amount as multiple of the minimum wage. The government's proposal caps the amount one recipient, for example a state or federal branch of the Labor or Liberal party, can receive per person at $20,000 annually. Those donating to multiple candidates will also have an annual cap of $600,000. It's an OK start but still a bit of cash to splash over three years to try and influence a candidate or party's views. The three pages of exemptions for donations also raise a few alarm bells. For example, it appears that a mining billionaire or Big Four consultancy company could donate to the "administration" costs of a party as opposed to :electoral" costs so wouldn't be included in the caps. Also money left by someone in a bequest is also a "gift" under the changes. The Albanese government's proposed electoral reforms promise much progress, but they fall short of cleaning up the system. To be clear, the transparency measures, such as real-time donation disclosures and a lower threshold, are welcome steps. And the principle behind caps on donations and how much parties, candidates and third parties can spend during elections are critically important. International experience shows that caps need to be carefully calibrated with public funding models and other laws. The proposed caps will help get some private money out of the system and will limit how much can be spent specifically on one seat and overall by political parties. But the devil is in the detail. In fact, there are more than 400 pages of detail in the and explanatory memorandum alone. The scale and scope of the legislation - the biggest electoral reforms in 40 years - warrant much close examination. And good process in developing legislation is important for democracy. Another bill relating to money that's in the Senate this week is the Anti-Money Laundering/Counter Terrorism Financing bill. In contrast, there's been two formal consultations, numerous stakeholder briefings, 100s of submission, a senate inquiry and a robust process running over the last 18 months. Since the electoral reform bill was tabled last Monday, Transparency International Australia alongside other civil society voices, have repeatedly called for , a senate inquiry and an . This would empower Parliament to review the changes, put forward amendments to pair back any unintended consequences and close any loopholes. With a proper process, consultation and some changes, these important reforms have a much greater chance of getting big money out of politics and ensuring a level playing field to benefit all Australians. DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. 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An English couple revealed that they saved over $10,000 on kitchen renovation, after watching DIY videos on TikTok. Amber Morris and her husband, Dan, moved into their recently purchased four-bedroom home in Cottingham, East Yorkshire, in July. Built in 2002, the property needed “a refresh,” and the couple decided to begin by brightening and modernizing the kitchen. However, after receiving a $11,000 quote from contractors to renovate their kitchen, they decided to tackle the project themselves. Dan, a systems engineer, and Amber, a social media manager, opted for a budget-friendly alternative by purchasing $50 vinyl wraps for their countertops instead of replacing them entirely. The couple transformed the space themselves, using a $50 spray gun purchased on Amazon to repaint everything and personally installing a new sink, tap, and extractor fan. By mixing a custom paint shade at B&Q inspired by a Farrow & Ball color they liked, they saved $105. The entire kitchen renovation cost just $713, resulting in a stunning makeover with a bright and airy new look. Amber said: “We knew we wanted to make the kitchen brighter because it was quite dark. But $11K was silly money to pay for it — so we decided to do it ourselves even though we’re desk job people, not DIY people.” To prepare, they turned to TikTok tutorials and sought advice from their parents to learn the basics. “Before this, the most we had ever done was painted a wall,” Amber explained. “We worked out what we needed to buy to do it ourselves and crossed our fingers it would come together.” The pair kicked off their mid-July renovation project by dedicating a weekend to painting the walls and using a spray gun to repaint the cupboards. They spent $375 on a sink and taps to achieve a specific style but opted to install them themselves to save on costs. Related: The end result was a beautifully transformed, lighter and brighter kitchen space for the couple and their dog, Emmy.Believe it or not, Cowboys might have hope yet after chaotic win at Washington
-- Shares Facebook Twitter Reddit Email Eric Kripke is accustomed to the real world aligning with the version he writes, where men and women fly. So of course the first trailer for James Gunn’s “Superman” dropped on the day I spoke with the man behind “The Boys." Why wouldn't it? Gunn’s vision of America’s greatest comic book hero is wrapped in optimism. Homelander, played by Antony Starr, is the Man of Steel’s gaudy, cruel inverse, an all-American apple with radioactive razor blades baked into the filling. The regular guys standing against him — and for actual truth, justice and the ideal of the American way — are a grubby band held together by Billy Butcher ( Karl Urban ) and Marvin Milk ( Laz Alonso ). "The Boys" began as a best-selling comic by “Preacher" co-creators Darick Robertson and Garth Ennis ; Kripke's adaptation uses the comic's Übermensch to show us how omnipotent men would actually behave , inspired by Donald Trump and the far right's oligarchic power structure propping him up. Homelander is also a product — an enhanced being created in a lab run by Vought International, a multimillion dollar "global leader in the media, retail, energy and pharmaceutical sectors," according to the show's lore. Over the course of decades the conglomerate seeped into every sector of American life to the degree that it might as well own the populace. Since Homelander installed himself as the company's head, he's functionally the king of the world. He views himself as a god. Thus, the Season 4 parallels between Homelander’s coup and the inability of the namesake non-powered heroes to stop it turn out to be frighteningly prescient. Its premiere dropped two weeks after Trump was found guilty of 34 felony counts of falsifying business records by a New York jury in his hush-money trial. That episode shows Homelander being acquitted of murder despite having lasered a man's head off in front of a crowd. Its finale, originally titled “Assassination Run,” debuted days after Trump survived an assassination attempt. It was filmed in 2023. The Boys (Prime Video) Prior episodes show this universe's version of Laura Ingraham , Firecracker (Valorie Curry), revealed the medical records of progressive superhero Annie January (Erin Moriarty) showing that she had an abortion , and her fiancé and teammate-Hughie (played by Jack Quaid) stumbling on a plan to build prisons for dissidents . Elsewhere families watch children's programming that teaches kids to report on their parents' supposedly un-American behavior. By then Kripke already knew the upcoming fifth season of “The Boys” would be its last. What he and millions of others didn't predict is that a few months after the fourth season finale, America would reelect the man who promised to be a dictator on Day 1 and enact vengeance on his enemies . Just like Homelander does in "Season Four Finale." A writers’ room rule to which Kripke hews closely is that what’s bad for the world is good for the show. But the similarities between what played out in Season 4 of “The Boys” and our version of current events is beyond unsettling. And the show doesn't intend to let up: Kripke admits the last season is grim. “It's the natural end of a character like Homelander. If you give him truly unfettered power with all his insecurities and traumas, this is a version of what he would do,” he told Salon in a recent chat conducted over Zoom. “But so goes many fascists who are weak and thin-skinned and ultimately driven by ego, despite how much they front as heroes.” Soon a new year and a new reality will be upon us. Rewatching “The Boys” may be bitter medicine, but it might also help brace us for what’s coming. Under a leader intent on shaping the media to his will , speculative fiction may be one of the last bastions of political and social critique. And if you're wondering how Season 4 matched current events so accurately, in our wide-ranging conversation Kripke confirms the writers consulted manual for government takeover . Related "The Boys" gives us a grim warning of Trumpism's endgame The following interview has been lightly edited for length and clarity. One of the things that people have been talking about lately is looking ahead, and what the next four years mean for people making art in all kinds of mediums, and certainly in TV. There have been reports of movies and TV shows scrubbing plans for certain characters , for example. As someone who writes in the speculative space, what does that indicate to you about what is possible for stories like “The Boys” moving forward? It’s based on a property, but you've taken it in a direction that doubles as social critique. The obligation I feel is to double down. I'm certainly not going to back off any of it. You know, we have a final season. We have our own sort of worst-case scenario speculation of a fascism that cloaks itself in patriotism. And there's obviously historical precedent for that. We've been building toward it for a while, and we're going to tell our story. I mean, we've been occasionally and coincidentally prescient about some events. Season 5 is pretty bad, so I'm really hopeful that we are not prescient about some of these events. I would love to be accused of being an alarmist. That would be great. This is something that I wanted to ask while Season 4 was running. If I recall, you first conceptualized the story two years before it came out. Yeah. Did you look at any of Project 2025 ? That also came out in 2022 — were you aware of it? Did that inform anything in the writers' room? If I remember correctly, about mid-writing, like right in the middle of the process, we found it. Funny enough, we found it because one of the main architects, his last name is Vought. (This refers to Russell Vought , Trump's pick to lead the Office of Management and Budget .) So we found it through someone saying to us, “Have you heard of this guy, Vought? And we're like, ‘What? That's too on the nose. No way.” So we started going down the rabbit hole and got to Project 2025 pretty soon after that. Yeah, we discussed it in the room, and we said, “You know, this is a pretty accurate depiction of what Homelander would want.” A saying we have in the room is, “Bad for the world, good for the show.” And this was definitely one of those examples where it's like, here we have a really concrete example of what a Homelander world might look like that feels very grounded and terrifyingly real. Because it is. Again, I'd rather have the alternative. I'd rather it be purely speculative and fictional. But we're using what we see around us. Speculative fiction is a great way to explore difficult topics. But for people who kind of want to say, “Well, this could never happen . . .” take “The Handmaid's Tale.” Margaret Atwood has said it's based on real events that have happened in societies around the world. Given that, what do you think about the utility of the speculative space in terms of both conveying hard messages, but also its potential to grant a bit of false security to the audience? It feels like there are two questions there. One is, look — the thing I love most about genre and why I really only want to be in this space, is because you can say subversive things about the world that you just can't get away with in a straight drama. It would either be too earnest, it would either be too boring, too wonky . . . But there's something about the fantasy and the action and the fight scenes – there are lots of spoonfuls of sugar all around it that we get to have as an advantage when we're telling the story. You can watch a takedown of late-stage capitalism and the risk of democracies falling into fascism and be entertained and laughing as you're doing it. It's difficult to do that in a straight drama. Now, in terms of the false sense of security, I can't control how people view that stuff. When I watch it, I see the subtext of it, and I see [that] someone is making a point and warning us that something like that is possible. "I'd rather have the alternative. I'd rather it be purely speculative and fictional. But we're using what we see around us." I think there's something actually healthy about a little bit of distance between the viewer and the subject, where they can look a bit of a different world that maybe they'll see things that they're not noticing if they're just watching the news. They'll just have a perspective that gets them a little more clarity. But anyone who is reading or watching any good science fiction and saying, “Oh, this is just fantasy." They're not looking at it closely. Anything good – and I mean any, name it: “ Star Trek ,” “ Buffy, the Vampire Slayer ,” “ The X Files ,” anything — it's all talking about the world that we're currently living in, and at least for me, that is what is so appealing. The Boys (Prime Video) There’s this idea that somehow grim times produce good art. That's been disproven a few times, but I wonder what you think about the ways the current political climate is going to impact making art like this show. You know, the realization that the majority of the country — a slim majority — but the majority just sees the nation differently than I thought they did . . . I think there are a lot of people who feel like I feel. And I think that especially when you're in the position of being a decision maker, that can't help but have a cooling effect on shows like ours, where we're sort of proudly wearing our perspective on our sleeve and are blunt, to say the least, in terms of how we go after it. So if you're a corporation, I would imagine you can't help but say, “Well, if I'm trying to appeal to an audience, we got a pretty loud wake-up call that the audience doesn't necessarily agree with some of the politics in this particular show.” It's probably just riding the currents of commerce. But on the other hand, anyone who can push this kind of story through and make a lot of people feel a little less alone, it’s worth doing. Again, not to belabor a point, but you can sneak a lot of stuff into genre. There's a reason that some of the best stuff by way smarter writers than me — I'm not beginning to compare myself to them but look at, like, Arthur Miller making “The Crucible” in the McCarthy era. What's great about what we do is there are subversive ways that you can get your message across even in times that aren't necessarily friendly to that message. We need your help to stay independent Subscribe today to support Salon's progressive journalism I think there’s a connection between “The Boys” and “ Supernatural ,” which you had created. I like to consider what different shows say about the American story, and I actually spoke to [“Supernatural” co-star Misha Collins] a little bit about this at a Comic-Con a long time ago. He pointed out that the show’s overall theme isn't necessarily the vision of good and evil that the post-World War II version of the American story is deeply hooked into, that it’s mainly about American masculinity. I would love your perspective on whether there's any kind of continuum there, in terms of what keeps drawing you to these stories and what they might say overall about how America sees itself. I mean, look, we're all products of our experiences and our upbringing and the media we consumed. I'm a sucker for [Steven] Spielberg , [George] Lucas , you know — “ Raiders of the Lost Ark ,” “ Star Wars ,” the million subpar copies that are so deeply in my brain. Those were always the stories I gravitated towards. But as I got older and a little more experienced as a writer, I learned quickly that character psychology is really everything, at least for me. It's how I make sense of the stories. And when you start breaking down the psychology of the traditional masculine hero, like for real — when you are like, “OK, what makes that person like that?” – you quickly reach the conclusion that they are so f**ked-up, so wounded and so broken. It's just natural. You just wouldn't run into that burning building and be making those quips and . . . diving off a skyscraper like John McClane . You’re just not doing that if you're not, like, a deeply f**ked-up person. And that became really interesting to me. "What's great about what we do is there are subversive ways that you can get your message across even in times that aren't necessarily friendly to that message." During “Supernatural” — probably a little more Dean than Sam, because Sam was always meant to be like a regular guy. But Dean, the notion was like, “OK, but if you were Han Solo for real, like, how f***ed up are you to end up in that position, making those choices?” Then we started playing that, and Jensen [Ackles] was really good at it. And that became really interesting to me. Then when we got into “The Boys” . . . one, it's baked into the source material. But two, “The Boys,” at least our version of it, is not just subversive about politics or superheroes. I think it's intentionally critical and a little subversive of the structure of the genre itself, in that violence is a . . . psychotic way to go about solving a problem. A movie we reference as much as we reference any other movie in the writers' room is “ Unforgiven ." We talk a lot about how Eastwood so brilliantly took the conventions of a Western to point out how damaged the cowboys and gunfighters in that Western would be — how corrosive revenge and vengeance and all the things that are the bread and butter of superhero movies and westerns and action movies, how corrosive and toxic all that stuff really is. So anyway, you're right. It's been an ongoing interest of mine. Want a daily wrap-up of all the news and commentary Salon has to offer? Subscribe to our morning newsletter , Crash Course. One truism that the superhero genre sells is that in the end, everything's going to be OK because goodness and justice prevail. As you were figuring out how “The Boys” is going to end, did any part of that idea come into mind? And is there even an obligation to think that way? I've evolved my perspective I think, as I've matured a little bit through this process. Had you asked me that question a few years ago, I'd have said, and have said in interviews, “Look, superheroes can be dangerous because they teach you that there is some strong man who is going to swoop in and save the day. And there's a short line between that and a real-world strong man.” But I've changed my perspective on that a little bit because having spent years really starting to study the format, the conclusion I've reached is this: In the real world, superheroes are the worst possible idea. There are people, strongmen, who front as having superhero-like abilities to solve complicated problems and to fix everyone's problems and, “Just rely on me, and I'm the one who's going to fix it for you.” And that's very, very dangerous, and has been dangerous since the beginning of civilization, and remains dangerous today. What I realized, though, is that when somebody watches say, “Superman,” they are not using Jimmy Olsen as their avatar. They're using Superman. They emotionally put their eggs in Superman's basket. That's how they're emotionally experiencing that world. People see themselves as the heroes, and yes, the wish fulfillment of the power. But also, there is something valuable in a kid watching that and having that kid emotionally connect to goodness. Giving someone a little moral direction and something to aspire to I don't think is a bad thing, as long as the people realize that what might be good for them, personally and emotionally, could be really bad for the world if brought into the real world. The Boys (Prime Video) That kind of explains, too, why there might be this tendency to connect more to Homelander for some people than Billy Butcher, right? That is exactly right. I mean, I don't understand the people who really sympathize with or emotionally connect with [him]. Part of it is Antony does such a remarkable job in that role, and he makes you understand where he's coming from. And the other part of it is, I'm just not very good at writing villains. Like, I need to understand why they're doing what they're doing, and let the audience know that there are reasons behind it, as hateful as they may be. And I think that weirdly makes some people sympathetic towards Homelander. But he is not anyone you should aspire to. I disagree with you saying that you're not good at writing villains. Those exact reasons you gave make him a more interesting character. Well, thank you. But I'm not good at writing, like, “I'm evil and I'm going to wake up and do evil today.” l don't understand that psychology. That's just crazy, and crazy is the most boring thing for me to write. What I really get is a character who wakes up, looks themselves in the mirror and says, “I'm going to save the world today. I'm going to do a lot of things that I know are right,” and then they proceed to do the most hateful, horrible, destructive things, but they think they're right. Locking down that psychology is, to me, part of the fun of writing a good bad guy. Season 1-4 of "The Boys" are available to stream on Prime Video. Season 5 is currently in production. Read more about this topic How "Supernatural" reflects the American spirit and the monstrous darkness lurking underneath Superhero films are bad for democracy "The Boys": With new superhero Stormfront, fascism dons a mask and cape of female empowerment By Melanie McFarland Melanie McFarland is Salon's award-winning senior culture critic. Follow her on Bluesky: @McTelevision MORE FROM Melanie McFarland Related Topics ------------------------------------------ Authoritarianism Eric Kripke Fascism Gen V Interview Project 2025 The Boys Tv Related Articles Advertisement:NI Holdings, Inc. Announces Leadership Transition
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