California lawmaker withdraws bill banning flavored tobacco products after ‘hostile amendments’

LOS ANGELES — A proposed California bill that would prohibit sales of flavored tobacco products in stores and vending machines in the nation’s most populous state was withdrawn Thursday. State Sen. Jerry Hill, D-San Mateo, said he pulled the legislation after “hostile amendments” were added to the proposed ban. He said the changes would have exempted tobacco used in hookahs, or water pipe smoking, and excluded tobacco products patented before 2000. “The aim was to prohibit tobacco products with


LOS ANGELES — A proposed California bill that would prohibit sales of flavored tobacco products in stores and vending machines in the nation’s most populous state was withdrawn Thursday. State Sen. Jerry Hill, D-San Mateo, said he pulled the legislation after “hostile amendments” were added to the proposed ban. He said the changes would have exempted tobacco used in hookahs, or water pipe smoking, and excluded tobacco products patented before 2000. “The aim was to prohibit tobacco products with
California lawmaker withdraws bill banning flavored tobacco products after ‘hostile amendments’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-24  Authors: jeff daniels
Keywords: news, cnbc, companies, flavored, bill, products, ecigarettes, tobacco, amendments, legislation, state, withdraws, banning, california, juul, hill, senate, lawmaker, hostile


California lawmaker withdraws bill banning flavored tobacco products after 'hostile amendments'

LOS ANGELES — A proposed California bill that would prohibit sales of flavored tobacco products in stores and vending machines in the nation’s most populous state was withdrawn Thursday.

State Sen. Jerry Hill, D-San Mateo, said he pulled the legislation after “hostile amendments” were added to the proposed ban. He said the changes would have exempted tobacco used in hookahs, or water pipe smoking, and excluded tobacco products patented before 2000.

“I introduced Senate Bill 38 to protect young people from the dangerous health risks of tobacco products in any form and to prevent another generation from becoming addicted to nicotine, ” Hill said in a statement. “The aim was to prohibit tobacco products with fruit, candy and other flavors that entice young people from being sold in stores.”

A variety of tobacco industry players opposed the bill, including Juul Labs and the Cigar Association of America, according to a Senate-prepared summary of the legislation.

“We have taken aggressive action to combat underage use of our products, while preserving the opportunity for adult smokers to switch from combustible cigarettes, which contribute to 40,000 deaths per year in California,” Juul spokesman Ted Kwong told CNBC via email.

The bill was scheduled for a Senate floor vote Thursday. The amendments opposed by Hill were inserted into the state legislation last week in the Senate Appropriations Committee.

Three major health advocacy groups pulled their support for the amended legislation, including the American Lung Association, American Cancer Society Action Network and the American Heart Association.

“Exempting hookah products set a terrible precedent and undermine the foundation of the original legislation to protect youth, low income and minority communities from flavored tobacco,” the groups said in a letter this week to Hill. The letter referred to the insertions in the bill as “hostile amendments.”

Meantime, another tobacco measure — Senate Bill 39 — passed the state Senate earlier this month and would require stricter age-verification measures for online tobacco product sales. But the bill still faces hurdles in the Assembly.

More than 3.6 million high school and middle school students use e-cigarettes, according to a report released in November by the Food and Drug Administration. It indicated that the number of students using the e-cigarettes has soared almost 13 times since 2011.

In November, Juul announced it would temporarily stop selling most of its flavored nicotine pods for its e-cigarettes. Last year, tobacco giant Altria disclosed a 35% stake in Juul, which has captured about 75% of the e-cigarette market.


Company: cnbc, Activity: cnbc, Date: 2019-05-24  Authors: jeff daniels
Keywords: news, cnbc, companies, flavored, bill, products, ecigarettes, tobacco, amendments, legislation, state, withdraws, banning, california, juul, hill, senate, lawmaker, hostile


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US Treasury yields tick higher amid ongoing trade war worries

Robert Mueller wants to testify in private before Congress,…Special counsel Robert Mueller wants to talk to Congress about his investigation into the Trump campaign and Russian interference in the 2016 election, but he wants to do it… Politicsread more


Robert Mueller wants to testify in private before Congress,…Special counsel Robert Mueller wants to talk to Congress about his investigation into the Trump campaign and Russian interference in the 2016 election, but he wants to do it… Politicsread more
US Treasury yields tick higher amid ongoing trade war worries Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-24  Authors: sam meredith
Keywords: news, cnbc, companies, ongoing, higher, itpoliticsread, trump, war, worries, trade, amid, testify, treasury, tick, mueller, private, investigation, robert, wants, yields, talk, russian


US Treasury yields tick higher amid ongoing trade war worries

Robert Mueller wants to testify in private before Congress,…

Special counsel Robert Mueller wants to talk to Congress about his investigation into the Trump campaign and Russian interference in the 2016 election, but he wants to do it…

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Company: cnbc, Activity: cnbc, Date: 2019-05-24  Authors: sam meredith
Keywords: news, cnbc, companies, ongoing, higher, itpoliticsread, trump, war, worries, trade, amid, testify, treasury, tick, mueller, private, investigation, robert, wants, yields, talk, russian


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Trump orders intelligence agencies to cooperate with attorney general’s investigation into origins of Mueller probe

President Donald Trump walks out of the Oval Office before speaking about Robert Mueller’s investigation into Russian interference in the 2016 presidential election in the Rose Garden at the White House May 22, 2019 in Washington, DC. U.S. President Donald Trump on Thursday directed the U.S. intelligence community to “quickly and fully cooperate” with Attorney General William Barr’s investigation into the origins of special counsel Robert Mueller’s Russia probe, according to a White House statem


President Donald Trump walks out of the Oval Office before speaking about Robert Mueller’s investigation into Russian interference in the 2016 presidential election in the Rose Garden at the White House May 22, 2019 in Washington, DC. U.S. President Donald Trump on Thursday directed the U.S. intelligence community to “quickly and fully cooperate” with Attorney General William Barr’s investigation into the origins of special counsel Robert Mueller’s Russia probe, according to a White House statem
Trump orders intelligence agencies to cooperate with attorney general’s investigation into origins of Mueller probe Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-24  Authors: tucker higgins
Keywords: news, cnbc, companies, surveillance, trump, intelligence, house, orders, election, origins, mueller, cooperate, presidential, muellers, probe, president, investigation, attorney, generals, white, robert


Trump orders intelligence agencies to cooperate with attorney general's investigation into origins of Mueller probe

President Donald Trump walks out of the Oval Office before speaking about Robert Mueller’s investigation into Russian interference in the 2016 presidential election in the Rose Garden at the White House May 22, 2019 in Washington, DC.

U.S. President Donald Trump on Thursday directed the U.S. intelligence community to “quickly and fully cooperate” with Attorney General William Barr’s investigation into the origins of special counsel Robert Mueller’s Russia probe, according to a White House statement.

That investigation is looking into the government’s authorization of surveillance on Trump campaign aides during the 2016 election. Trump has said that the surveillance was unlawful and could lead to “long jail sentences.”

Barr announced shortly after Mueller concluded his investigation earlier this year that the Department of Justice was examining that surveillance, saying “spying did occur.” In May, it was reported that Barr had appointed a U.S. attorney to look into the matter.

The White House signaled that information uncovered by Barr’s investigation will be made public, and granted Barr the authority to declassify materials related to it. The White House said it would “ensure that all Americans learn the truth about the events that occurred, and the actions that were taken, during the last Presidential election.”


Company: cnbc, Activity: cnbc, Date: 2019-05-24  Authors: tucker higgins
Keywords: news, cnbc, companies, surveillance, trump, intelligence, house, orders, election, origins, mueller, cooperate, presidential, muellers, probe, president, investigation, attorney, generals, white, robert


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US Treasury yields tick higher amid ongoing trade war worries

Robert Mueller wants to testify in private before Congress,…Special counsel Robert Mueller wants to talk to Congress about his investigation into the Trump campaign and Russian interference in the 2016 election, but he wants to do it… Politicsread more


Robert Mueller wants to testify in private before Congress,…Special counsel Robert Mueller wants to talk to Congress about his investigation into the Trump campaign and Russian interference in the 2016 election, but he wants to do it… Politicsread more
US Treasury yields tick higher amid ongoing trade war worries Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-24  Authors: sam meredith
Keywords: news, cnbc, companies, ongoing, higher, itpoliticsread, trump, war, worries, trade, amid, testify, treasury, tick, mueller, private, investigation, robert, wants, yields, talk, russian


US Treasury yields tick higher amid ongoing trade war worries

Robert Mueller wants to testify in private before Congress,…

Special counsel Robert Mueller wants to talk to Congress about his investigation into the Trump campaign and Russian interference in the 2016 election, but he wants to do it…

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Company: cnbc, Activity: cnbc, Date: 2019-05-24  Authors: sam meredith
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China is driving growth in Asia’s real estate market despite trade war headwinds, report finds

Real estate markets in Asia-Pacific grew at a record-breaking pace in the first quarter of this year — thanks in part to China and despite a global decline, according to real estate consultancy JLL. The region recorded a new first-quarter high of $45 billion in real estate transaction volumes, according the company’s Global Capital Flows report for the first quarter of 2019. The “domestic consumption story is so strong” in China, JLL’s head of Asia Pacific capital markets Stuart Crow told CNBC’s


Real estate markets in Asia-Pacific grew at a record-breaking pace in the first quarter of this year — thanks in part to China and despite a global decline, according to real estate consultancy JLL. The region recorded a new first-quarter high of $45 billion in real estate transaction volumes, according the company’s Global Capital Flows report for the first quarter of 2019. The “domestic consumption story is so strong” in China, JLL’s head of Asia Pacific capital markets Stuart Crow told CNBC’s
China is driving growth in Asia’s real estate market despite trade war headwinds, report finds Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-24  Authors: shirley tay
Keywords: news, cnbc, companies, war, market, china, growth, capital, markets, investment, transaction, estate, report, real, driving, headwinds, finds, logistics, trade, quarter


China is driving growth in Asia's real estate market despite trade war headwinds, report finds

Real estate markets in Asia-Pacific grew at a record-breaking pace in the first quarter of this year — thanks in part to China and despite a global decline, according to real estate consultancy JLL.

The region recorded a new first-quarter high of $45 billion in real estate transaction volumes, according the company’s Global Capital Flows report for the first quarter of 2019.

That’s a 14% increase compared to a year ago — outperforming the Americas, as well as Europe, the Middle East and Africa (EMEA), the JLL report showed.

“Driving this performance was China, where quarterly investment surged to an all-time high of US$17 billion due to an increase in cross-border capital inflows and large-scale transaction activity,” said the report which was released in May.

The “domestic consumption story is so strong” in China, JLL’s head of Asia Pacific capital markets Stuart Crow told CNBC’s “Street Signs Asia” on Thursday.

“We’re seeing a huge amount of investment into the manufacturing — and most particularly in our world — the logistics real estate,” Crow added. “Even some of the big players in China themselves, being Alibaba and JD.com, (are) investing in that logistics real estate sector. “


Company: cnbc, Activity: cnbc, Date: 2019-05-24  Authors: shirley tay
Keywords: news, cnbc, companies, war, market, china, growth, capital, markets, investment, transaction, estate, report, real, driving, headwinds, finds, logistics, trade, quarter


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HSMS :: Highway Safety Management System :: ระบบบริหารจัดการความปลอดภัยทางถนน


HSMS :: Highway Safety Management System :: ระบบบริหารจัดการความปลอดภัยทางถนน Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-24
Keywords: news, cnbc, companies, hsms, system, management, highway, safety



Company: cnbc, Activity: cnbc, Date: 2019-05-24
Keywords: news, cnbc, companies, hsms, system, management, highway, safety


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Harvey Weinstein reportedly has a tentative $44 million deal to settle sexual misconduct lawsuits

Harvey Weinstein, the Hollywood mogul accused of sexual misconduct stretching back decades, has reached a tentative $44 million deal to settle civil lawsuits by alleged victims, according to multiple reports on Thursday. The remaining $14 million would be used to pay legal fees for Weinstein’s associates named as defendants in the lawsuits, the reports said. The proposed $44 million deal, if finalized, would resolve civil lawsuits filed by multiple women against Weinstein and his associates, the


Harvey Weinstein, the Hollywood mogul accused of sexual misconduct stretching back decades, has reached a tentative $44 million deal to settle civil lawsuits by alleged victims, according to multiple reports on Thursday. The remaining $14 million would be used to pay legal fees for Weinstein’s associates named as defendants in the lawsuits, the reports said. The proposed $44 million deal, if finalized, would resolve civil lawsuits filed by multiple women against Weinstein and his associates, the
Harvey Weinstein reportedly has a tentative $44 million deal to settle sexual misconduct lawsuits Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-24  Authors: yen nee lee
Keywords: news, cnbc, companies, weinstein, according, lawsuits, deal, york, reports, times, tentative, reportedly, sexual, misconduct, journal, settle, million, harvey, weinsteins


Harvey Weinstein reportedly has a tentative $44 million deal to settle sexual misconduct lawsuits

Harvey Weinstein, the Hollywood mogul accused of sexual misconduct stretching back decades, has reached a tentative $44 million deal to settle civil lawsuits by alleged victims, according to multiple reports on Thursday.

The Wall Street Journal and The New York Times, citing people familiar with the deal, reported that $30 million would go to plaintiffs including alleged victims, employees and creditors of Weinstein’s now-defunct film studio — The Weinstein Company. The remaining $14 million would be used to pay legal fees for Weinstein’s associates named as defendants in the lawsuits, the reports said.

Insurance policies would cover the amount if the deal is finalized, according to the reports. The agreement is pending approval from advisors in charge of The Weinstein Company’s bankruptcy proceedings, the Journal and the Times reported.

CNBC contacted a lawyer for Weinstein for comment, but did not immediately hear back.

Weinstein was publicly accused by dozens of women — including actresses Ashley Judd and Uma Thurman — of sexual misconduct. The studio he founded with his brother filed for bankruptcy in March last year after facing mounting debt and lawsuits.

The proposed $44 million deal, if finalized, would resolve civil lawsuits filed by multiple women against Weinstein and his associates, the reports said. The agreement would also settle a lawsuit by the New York attorney general’s office against The Weinstein Company, according to the reports.

But the deal wouldn’t affect criminal charges against Weinstein that include rape and other sex crimes, the Journal said. A trial for that case has been scheduled for September, according to the Journal. Weinstein has pleaded not guilty.

For more on Harvey Weinstein’s tentative settlement deal, read the reports from The Wall Street Journal and The New York Times.


Company: cnbc, Activity: cnbc, Date: 2019-05-24  Authors: yen nee lee
Keywords: news, cnbc, companies, weinstein, according, lawsuits, deal, york, reports, times, tentative, reportedly, sexual, misconduct, journal, settle, million, harvey, weinsteins


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FAA says there’s no schedule for re-certifying Boeing 737 Max plane yet

There’s no schedule for re-certifying Boeing’s 737 Max and getting the plane back in the air, the U.S. Federal Aviation Authority (FAA) said on Thursday, after a day of discussions with aviation regulators from around the world. The decision to ground the planes came after an Ethiopian Airlines 737 Max 8 plane crashed in March, minutes after take-off, killing all 157 people aboard. “Once we have addressed the information requests from the FAA, we will be ready to schedule a certification test fl


There’s no schedule for re-certifying Boeing’s 737 Max and getting the plane back in the air, the U.S. Federal Aviation Authority (FAA) said on Thursday, after a day of discussions with aviation regulators from around the world. The decision to ground the planes came after an Ethiopian Airlines 737 Max 8 plane crashed in March, minutes after take-off, killing all 157 people aboard. “Once we have addressed the information requests from the FAA, we will be ready to schedule a certification test fl
FAA says there’s no schedule for re-certifying Boeing 737 Max plane yet Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-24  Authors: phil lebeau
Keywords: news, cnbc, companies, boeing, plane, 737, theres, recertifying, faa, test, schedule, boeings, elwell, max, regulators, flight


FAA says there's no schedule for re-certifying Boeing 737 Max plane yet

There’s no schedule for re-certifying Boeing’s 737 Max and getting the plane back in the air, the U.S. Federal Aviation Authority (FAA) said on Thursday, after a day of discussions with aviation regulators from around the world.

“The last thing I want is to put a date out there for lifting the grounding,” said Dan Elwell, acting administrator for the FAA.

Elwell gave a fairly upbeat assessment of the dialogue between regulators during the day-long meeting at the FAA office in Fort Worth, Texas, where 57 industry leaders from 33 countries met two months after Boeing’s 737 Max was grounded.

The decision to ground the planes came after an Ethiopian Airlines 737 Max 8 plane crashed in March, minutes after take-off, killing all 157 people aboard. It was the second Max crash in less then six months.

In both accidents, investigators believe a contributing factor was the MCAS flight control system, which automatically pushes the plane’s nose down when data indicates the plane may stall.

“We appreciate the FAA’s leadership in taking this important step in bringing global regulators together to share information and discuss the safe return to service of the 737 MAX,” Boeing said in a statement after the FAA regulator meeting. “Once we have addressed the information requests from the FAA, we will be ready to schedule a certification test flight and submit final certification documentation.”

Since the grounding, Boeing engineers have completed a software patch that has been evaluated over the course of more than 200 test flights of the 737 Max. While Boeing says its work on the software fix is complete, the company has yet to validate it through a re-certification flight, nor has the company said when it will file a formal application to have the plane re-certified.

“We wait for Boeing’s completed application,” Elwell said about Boeing’s Max re-certification. As for countries around the world that also grounded the Max, Elwell says “each country has to make its own decisions.”


Company: cnbc, Activity: cnbc, Date: 2019-05-24  Authors: phil lebeau
Keywords: news, cnbc, companies, boeing, plane, 737, theres, recertifying, faa, test, schedule, boeings, elwell, max, regulators, flight


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Amazon shares will reach $3,000 in 2 years without the company really trying, Piper Jaffray says

Robert Mueller wants to testify in private before Congress,…Special counsel Robert Mueller wants to talk to Congress about his investigation into the Trump campaign and Russian interference in the 2016 election, but he wants to do it… Politicsread more


Robert Mueller wants to testify in private before Congress,…Special counsel Robert Mueller wants to talk to Congress about his investigation into the Trump campaign and Russian interference in the 2016 election, but he wants to do it… Politicsread more
Amazon shares will reach $3,000 in 2 years without the company really trying, Piper Jaffray says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-24  Authors: john melloy
Keywords: news, cnbc, companies, really, itpoliticsread, reach, trump, 3000, amazon, testify, private, investigation, mueller, trying, shares, piper, jaffray, company, wants, robert, talk, russian


Amazon shares will reach $3,000 in 2 years without the company really trying, Piper Jaffray says

Robert Mueller wants to testify in private before Congress,…

Special counsel Robert Mueller wants to talk to Congress about his investigation into the Trump campaign and Russian interference in the 2016 election, but he wants to do it…

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Company: cnbc, Activity: cnbc, Date: 2019-05-24  Authors: john melloy
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Why this 27-year-old is happy she worked a corporate job before starting her $1 billion business

But that’s okay, according to major fashion start-up founder Ankiti Bose, who says she’s happy she worked a corporate job before going it alone. In fact, that day job is what got her where she is today, Zilingo’s CEO told CNBC Make It. It gave Dhruv and I the opportunity to travel around the region and really understand what consumers want. Ankiti Bose co-founder and CEO, ZilingoTo be sure, the 27-year-old is still remarkable. Zilingo’s senior management team, including co-founder and CEO Ankiti


But that’s okay, according to major fashion start-up founder Ankiti Bose, who says she’s happy she worked a corporate job before going it alone. In fact, that day job is what got her where she is today, Zilingo’s CEO told CNBC Make It. It gave Dhruv and I the opportunity to travel around the region and really understand what consumers want. Ankiti Bose co-founder and CEO, ZilingoTo be sure, the 27-year-old is still remarkable. Zilingo’s senior management team, including co-founder and CEO Ankiti
Why this 27-year-old is happy she worked a corporate job before starting her $1 billion business Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-24  Authors: karen gilchrist
Keywords: news, cnbc, companies, 27yearold, worked, cofounder, really, gave, southeast, business, ceo, india, job, happy, starting, ankiti, corporate, bose, billion, zilingo


Why this 27-year-old is happy she worked a corporate job before starting her $1 billion business

Many of us would love to be the kid who dreamed up a multimillion-dollar business idea in their college dorm room, becoming an overnight success without ever working a “real job.” The reality, though, is that those teen proteges are few and far between. But that’s okay, according to major fashion start-up founder Ankiti Bose, who says she’s happy she worked a corporate job before going it alone. In fact, that day job is what got her where she is today, Zilingo’s CEO told CNBC Make It. It gave her the chance to watch and learn. “The fact that I was working in venture capital and consulting before that definitely played an important role in shaping our opinions in what would work and what would not work, what would build a sustainable business,” Bose said of the early years she spent working an office job.

It gave Dhruv and I the opportunity to travel around the region and really understand what consumers want. Ankiti Bose co-founder and CEO, Zilingo

To be sure, the 27-year-old is still remarkable. Bose quit her job in 2015, just before her 24th birthday, and along with her co-founder Dhruv Kapoor has spent the last four years building a e-commerce platform that’s valued at nearly $1 billion, to help Southeast Asia’s independent retailers sell their products online. As of February this year, Singapore-headquartered Zilingo had 7 million active users globally and a valuation of $970 million. That puts Bose on course to become India’s first woman to co-found a $1 billion start-up.

Ankiti Bose, co-founder and CEO of Zilingo CNBC

But it was her time spent observing Asia’s burgeoning tech scene — first as a management consultant at McKinsey, and later as an investment analyst at Sequoia Capital in Bangalore, India — that first gave her that “aha” moment, said Bose. “I think it gave Dhruv and I the opportunity to travel around the region and really understand what consumers want,” she said of her corporate role and Kapoor’s job as a software engineer. Bose said that as an investment analyst, she followed the emergence of e-commerce powerhouses such as Amazon, Alibaba and Flipkart in major economies like the U.S., China and India. Yet it also highlighted to her the dearth of options for sellers in Southeast Asia — one of the world’s largest fashion manufacturing markets.

Despite everything that was happening in India and China at the time, Southeast Asia was the one market which was growing really fast. Ankiti Bose co-founder and CEO, Zilingo

“Despite everything that was happening in India and China at the time, Southeast Asia was the one market which was growing really fast and had the maximum room for a product like ours,” said Bose, who first spotted the opportunity on a trip to Chatuchak market in Bangkok, Thailand. “Everybody was solving for access to the internet, but what about everything else that goes on before you actually sell the product?” Bose continued, listing common hurdles for retailers, such as procurement, design and financing. “We said hey, what about if we plug all those gaps for merchants.”

Zilingo’s senior management team, including co-founder and CEO Ankiti Bose (center). Zilingo


Company: cnbc, Activity: cnbc, Date: 2019-05-24  Authors: karen gilchrist
Keywords: news, cnbc, companies, 27yearold, worked, cofounder, really, gave, southeast, business, ceo, india, job, happy, starting, ankiti, corporate, bose, billion, zilingo


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