Navigating fintech’s rise: IMF, World Bank launch guide for policymakers

The International Monetary Fund and the World Bank jointly released a paper that will guide policymakers around the world in their handling of the rise of financial technology — commonly known as fintech. The paper, called the Bali Fintech Agenda, was launched on Thursday on the Indonesian island where the IMF and the World Bank are holding their annual meetings. Fintech has the potential to reach the 1.7 billion adults in the world that don’t have access to financial services, IMF Managing Dire


The International Monetary Fund and the World Bank jointly released a paper that will guide policymakers around the world in their handling of the rise of financial technology — commonly known as fintech. The paper, called the Bali Fintech Agenda, was launched on Thursday on the Indonesian island where the IMF and the World Bank are holding their annual meetings. Fintech has the potential to reach the 1.7 billion adults in the world that don’t have access to financial services, IMF Managing Dire
Navigating fintech’s rise: IMF, World Bank launch guide for policymakers Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-11  Authors: yen nee lee
Keywords: news, cnbc, companies, policymakers, navigating, bank, fintechs, technology, financial, work, paper, services, world, launch, fintech, systems, imf, rise, guide


Navigating fintech's rise: IMF, World Bank launch guide for policymakers

The International Monetary Fund and the World Bank jointly released a paper that will guide policymakers around the world in their handling of the rise of financial technology — commonly known as fintech.

The paper, called the Bali Fintech Agenda, was launched on Thursday on the Indonesian island where the IMF and the World Bank are holding their annual meetings.

The paper outlines 12 “elements” or considerations that the IMF, the World Bank and governments can keep in mind when designing policies and regulations that can maximize the benefits of fintech while keeping financial systems sound.

Those “elements” include using fintech to promote financial inclusion, allowing new technology players to have level playing fields with existing companies and having countries work together to protect the global financial system.

Fintech has the potential to reach the 1.7 billion adults in the world that don’t have access to financial services, IMF Managing Director Christine Lagarde said in a statement.

But, new technology could threaten existing financial systems. For example, volatility in the price of cryptocurrencies has raised concerns about investor protection, according to the paper.

“Fintech can have a major social and economic impact for them and across the membership in general. All countries are trying to reap these benefits, while also mitigating the risks,” Lagarde said.

“We need greater international cooperation to achieve that, and to make sure the fintech revolution benefits the many and not just the few,” she added.

World Bank Group President Jim Yong Kim said fintech would be particularly helpful to low-income countries, where access to financial services is low.

Both organizations said the paper doesn’t represent current work, nor does it aim to provide specific guidance or policy advice. They will, however, start to develop specific programs on fintech.

The IMF will focus initially on the implications on monetary and financial stability and how international monetary systems and global financial safety nets evolve. The World Bank will work on using fintech to deepen financial markets, enhance responsible access to financial services, and improve cross-border payments and remittance transfer systems.


Company: cnbc, Activity: cnbc, Date: 2018-10-11  Authors: yen nee lee
Keywords: news, cnbc, companies, policymakers, navigating, bank, fintechs, technology, financial, work, paper, services, world, launch, fintech, systems, imf, rise, guide


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A step-by-step guide to getting the best deal on a car

Over half of millennials would rather clean their homes than deal with a car salesman. And over 60 percent of people, even those with vehicle-buying experience, believe they’ve been taken advantage of at some point while car shopping, according to a Harris poll of over 2,000 consumers. Knowing how to approach a dealership and the price negotiation process can really reduce the anxiety around buying a car — and help you feel confident you’re getting a good deal. There are other things to be savin


Over half of millennials would rather clean their homes than deal with a car salesman. And over 60 percent of people, even those with vehicle-buying experience, believe they’ve been taken advantage of at some point while car shopping, according to a Harris poll of over 2,000 consumers. Knowing how to approach a dealership and the price negotiation process can really reduce the anxiety around buying a car — and help you feel confident you’re getting a good deal. There are other things to be savin
A step-by-step guide to getting the best deal on a car Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-09-17  Authors: megan leonhardt, -jeff bartlett, consumer reports deputy editor of autos, -mel yu, consumer reports automotive analyst
Keywords: news, cnbc, companies, best, guide, shopping, end, dealership, stepbystep, reports, help, consumer, reduce, car, youre, deal, price, getting


A step-by-step guide to getting the best deal on a car

Over half of millennials would rather clean their homes than deal with a car salesman. And over 60 percent of people, even those with vehicle-buying experience, believe they’ve been taken advantage of at some point while car shopping, according to a Harris poll of over 2,000 consumers.

Knowing how to approach a dealership and the price negotiation process can really reduce the anxiety around buying a car — and help you feel confident you’re getting a good deal.

Since knowing your stuff can reduce the overall amount you end up paying, it’s especially important for younger buyers. “If you’re in your early 20s, you not only have your life before you, but you’ve got a lifetime of expenses ahead of you as well. There are other things to be saving your money and spending it on,” Jeff Bartlett, deputy editor of autos for Consumer Reports, tells CNBC Make It.

You don’t have to end up feeling confused and exploited when shopping for cars at a dealership. The auto experts at Consumer Reports recommend 10 strategies to help you get the car you want at the price you can afford.


Company: cnbc, Activity: cnbc, Date: 2018-09-17  Authors: megan leonhardt, -jeff bartlett, consumer reports deputy editor of autos, -mel yu, consumer reports automotive analyst
Keywords: news, cnbc, companies, best, guide, shopping, end, dealership, stepbystep, reports, help, consumer, reduce, car, youre, deal, price, getting


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Your step-by-step guide to winning the lottery: Would you know what to do?

A New York attorney who says he has represented more than 30 lottery winners has two words of advice: “Stay quiet.” “I know it’s something you’re going to want to do but you really need to keep quiet.” “The time between the time you know you won and claiming (your prize) is your last chance of normalcy,” he said. “So that’s the time you’re going to want to assemble your team of professionals: lawyers, financial planners, accountants. Kurland has represented some of the biggest lottery winners in


A New York attorney who says he has represented more than 30 lottery winners has two words of advice: “Stay quiet.” “I know it’s something you’re going to want to do but you really need to keep quiet.” “The time between the time you know you won and claiming (your prize) is your last chance of normalcy,” he said. “So that’s the time you’re going to want to assemble your team of professionals: lawyers, financial planners, accountants. Kurland has represented some of the biggest lottery winners in
Your step-by-step guide to winning the lottery: Would you know what to do? Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-09-13  Authors: scott cohn
Keywords: news, cnbc, companies, youre, lottery, know, going, winners, stepbystep, friends, winning, kurland, represented, neighborhood, guide, won


Your step-by-step guide to winning the lottery: Would you know what to do?

What is the first thing you would do if you won the lottery?

A New York attorney who says he has represented more than 30 lottery winners has two words of advice: “Stay quiet.”

“You want to make sure you don’t tell your family and your friends that you’re this new multimillionaire,” self-proclaimed “lottery lawyer” Jason Kurland told CNBC’s “American Greed.” “I know it’s something you’re going to want to do but you really need to keep quiet.”

Kurland says those early days after the drawing are critical. You only get the one chance to do it right.

“The time between the time you know you won and claiming (your prize) is your last chance of normalcy,” he said. “So that’s the time you’re going to want to assemble your team of professionals: lawyers, financial planners, accountants. And you don’t want friends and family coming out of the woodwork asking for handouts before you’ve even come forward to the world.”

Kurland has represented some of the biggest lottery winners in history. It is a tiny niche in the legal profession, but one he finds fascinating.

“Everybody plays the lottery, whether you’re from a rich neighborhood or poorer neighborhood, all over the country, young, old, married, single, lot of children, grandchildren, everybody comes,” he said. “Watching them each grow into their new life is very exciting.”

As different as every winner is, Kurland says their stories have common threads that are important to know about should you hit it big.


Company: cnbc, Activity: cnbc, Date: 2018-09-13  Authors: scott cohn
Keywords: news, cnbc, companies, youre, lottery, know, going, winners, stepbystep, friends, winning, kurland, represented, neighborhood, guide, won


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Italy’s 2019 budget guide

There’s certainly been no sign recently that Lega and M5S are ready to cut spending, or row back on their promises to the electorate. Despite the Fitch downgrade and their economy minister’s attempt at reassuring the markets, Salvini and Di Maio appeared bullish with the former tweeting Saturday that tax cuts would be implemented “step by step.” His colleague Di Maio stated Sunday that Italian citizens came before ratings agencies, pledging to see through his party’s campaign promise to introduc


There’s certainly been no sign recently that Lega and M5S are ready to cut spending, or row back on their promises to the electorate. Despite the Fitch downgrade and their economy minister’s attempt at reassuring the markets, Salvini and Di Maio appeared bullish with the former tweeting Saturday that tax cuts would be implemented “step by step.” His colleague Di Maio stated Sunday that Italian citizens came before ratings agencies, pledging to see through his party’s campaign promise to introduc
Italy’s 2019 budget guide Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-09-06  Authors: holly ellyatt, luca zennaro, michele spatari, nurphoto, getty images, david silverman getty images, stefano montesi corbis via getty images, fotia francesco, agf, uig
Keywords: news, cnbc, companies, ratings, maio, agencies, lega, di, economy, partys, guide, vat, 2019, budget, salvini, tax, italys


Italy's 2019 budget guide

There’s certainly been no sign recently that Lega and M5S are ready to cut spending, or row back on their promises to the electorate.

Despite the Fitch downgrade and their economy minister’s attempt at reassuring the markets, Salvini and Di Maio appeared bullish with the former tweeting Saturday that tax cuts would be implemented “step by step.”

His colleague Di Maio stated Sunday that Italian citizens came before ratings agencies, pledging to see through his party’s campaign promise to introduce a universal income for the poor. On Tuesday, Salvini also questioned the EU’s fairness when it comes to the leeway over budget deficits and the independence of ratings agencies.

“But how, if France and Spain have been extending the 3% ceiling for years, nobody says anything, while if Italy tries to touch it to secure the country and boost the consumption of Italians is a problem?

But were not these rating agencies independent?” he said on Twitter.

Also on Tuesday, after his Lega party held a summit on the economy, Salvini was quoted listing the party’s plans.

“We discussed the numbers, accounts and timeframes to achieve within the arc of the legislature our proposals for families and businesses: dismantling the Fornero law, (introducing a) flat tax, fiscal peace and closure of the disputes with (state tax collection agency) Equitalia, less bureaucracy for firms and VAT holders, elimination of the oldest levies on petrol … (and) a major national plan for ordinary and extraordinary maintenance (of infrastructure),” ANSA reported.


Company: cnbc, Activity: cnbc, Date: 2018-09-06  Authors: holly ellyatt, luca zennaro, michele spatari, nurphoto, getty images, david silverman getty images, stefano montesi corbis via getty images, fotia francesco, agf, uig
Keywords: news, cnbc, companies, ratings, maio, agencies, lega, di, economy, partys, guide, vat, 2019, budget, salvini, tax, italys


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Definitive Guide to Buying Your First Home

While the process was exciting and fun, my husband and I were not prepared for the headaches. 2 Hours Ago


While the process was exciting and fun, my husband and I were not prepared for the headaches. 2 Hours Ago
Definitive Guide to Buying Your First Home Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-08-30  Authors: laura petti, fox, getty images, pm images, joshua lott, bloomberg, benjamin c tankersely, the washington post, source, christian petersen
Keywords: news, cnbc, companies, hours, husband, guide, fun, process, definitive, exciting, ago, prepared, headaches2, buying


Definitive Guide to Buying Your First Home

While the process was exciting and fun, my husband and I were not prepared for the headaches.

2 Hours Ago


Company: cnbc, Activity: cnbc, Date: 2018-08-30  Authors: laura petti, fox, getty images, pm images, joshua lott, bloomberg, benjamin c tankersely, the washington post, source, christian petersen
Keywords: news, cnbc, companies, hours, husband, guide, fun, process, definitive, exciting, ago, prepared, headaches2, buying


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A 4-step guide to retiring in your 30s, according to a self-made millionaire who did it

It’s these findings, and, in general, a focus on living a happy and productive life post-retirement, that is most important in longevity. In other words, don’t focus too heavily on what you should be doing. Okay, I totally suck at this part, though my wife more than makes up for my shortcomings in this area. I do admit that I could proooooobably use better planning skills, but that’s why our marriage works so damn well. There is no need to ever retire, but if one must, it should be a lot later t


It’s these findings, and, in general, a focus on living a happy and productive life post-retirement, that is most important in longevity. In other words, don’t focus too heavily on what you should be doing. Okay, I totally suck at this part, though my wife more than makes up for my shortcomings in this area. I do admit that I could proooooobably use better planning skills, but that’s why our marriage works so damn well. There is no need to ever retire, but if one must, it should be a lot later t
A 4-step guide to retiring in your 30s, according to a self-made millionaire who did it Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-08-09  Authors: steve adcock, courtesy of steve adcock
Keywords: news, cnbc, companies, thats, guide, 30s, productive, retire, purpose, need, life, millionaire, spilled, words, 4step, retiring, according, focus, selfmade, wife


A 4-step guide to retiring in your 30s, according to a self-made millionaire who did it

Last year, 105-year-old Dr. Hinohara died after making a life-long and significant impact on Japanese healthcare. Particularly, he studied longevity. In other words, what makes us humans live longer?

In 2009, he spilled the most critical elements of living a happy and healthy life to Japan Times, and it’s incredible how similar his findings are with the bulk of the early retirement community.

It’s these findings, and, in general, a focus on living a happy and productive life post-retirement, that is most important in longevity.

Energy comes from feeling good, not from eating well or sleeping a lot.

In other words, don’t focus too heavily on what you should be doing. This doesn’t mean we should purposely deprive ourselves of sleep. Naturally, that’s stupid. Instead, focus on how you feel and do what feels natural to you. These insipid one-size-fits-all standards and procedures won’t necessarily work well for everyone.

Plan ahead.

Okay, I totally suck at this part, though my wife more than makes up for my shortcomings in this area. I fly by the seat of my pants, free-wheelin’ it as far as momentum will take me. I do admit that I could proooooobably use better planning skills, but that’s why our marriage works so damn well. She picks up the slack where I leave a lot to be desired.

There is no need to ever retire, but if one must, it should be a lot later than 65.

Wait, what? Never retire?

No, that’s not what Dr. Hinohara means. What I believe he means is, never retire from being productive, regardless of whether or not that productivity originates in a traditional office or from a full-time job. We need a purpose in our life, and if you can find genuine purpose without holding down a full-time job, then you’re very much like me. And my wife. Our jobs were critical during the accumulation phase of our life, but now we’re on to the next phase.

Share what you know.

Hmm … I try to do that on the blog and through discussion forums. I also did a question and answer post as well as spilled the beans in an FAQ.


Company: cnbc, Activity: cnbc, Date: 2018-08-09  Authors: steve adcock, courtesy of steve adcock
Keywords: news, cnbc, companies, thats, guide, 30s, productive, retire, purpose, need, life, millionaire, spilled, words, 4step, retiring, according, focus, selfmade, wife


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The Definitive Guide to Business with Marcus Lemonis

Jim Schlegel was there in ’45 the last time the Cubs played in the World Series, but didn’t expect he’d be able to go this year.


Jim Schlegel was there in ’45 the last time the Cubs played in the World Series, but didn’t expect he’d be able to go this year.
The Definitive Guide to Business with Marcus Lemonis Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-08-08  Authors: adam jeffery, tim hiatt, melody hahm, paul morigi cnbc nbcu, getty images, scott mlyn, john lamparski, michael nagle bloomberg, christopher polk nbc, contributor
Keywords: news, cnbc, companies, lemonis, world, marcus, definitive, schlegel, expect, didnt, played, guide, business, hed, jim, cubs, able, series


The Definitive Guide to Business with Marcus Lemonis

Jim Schlegel was there in ’45 the last time the Cubs played in the World Series, but didn’t expect he’d be able to go this year.


Company: cnbc, Activity: cnbc, Date: 2018-08-08  Authors: adam jeffery, tim hiatt, melody hahm, paul morigi cnbc nbcu, getty images, scott mlyn, john lamparski, michael nagle bloomberg, christopher polk nbc, contributor
Keywords: news, cnbc, companies, lemonis, world, marcus, definitive, schlegel, expect, didnt, played, guide, business, hed, jim, cubs, able, series


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Cybersecurity investor guide: What do Duo, Splunk, Tanium etc do?

Cisco announced on Thursday that it would acquire Duo Security, a company that specializes in products that help companies manage identity and secure access to devices, for $2.35 billion. One of the most pressing issues in cybersecurity today is how to authenticate users, or prove that they are who they claim to be. It’s also at the root of the attacks suffered by the Democratic National Committee in the 2016 election. Duo Security is just one of the companies that fall under the banner of ident


Cisco announced on Thursday that it would acquire Duo Security, a company that specializes in products that help companies manage identity and secure access to devices, for $2.35 billion. One of the most pressing issues in cybersecurity today is how to authenticate users, or prove that they are who they claim to be. It’s also at the root of the attacks suffered by the Democratic National Committee in the 2016 election. Duo Security is just one of the companies that fall under the banner of ident
Cybersecurity investor guide: What do Duo, Splunk, Tanium etc do? Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-08-02  Authors: kate fazzini, source, duo security
Keywords: news, cnbc, companies, investor, users, companies, wire, splunk, guide, tanium, security, duo, valuable, company, identity, cybersecurity, access, weve


Cybersecurity investor guide: What do Duo, Splunk, Tanium etc do?

Cisco announced on Thursday that it would acquire Duo Security, a company that specializes in products that help companies manage identity and secure access to devices, for $2.35 billion.

Cisco’s move makes sense. One of the most pressing issues in cybersecurity today is how to authenticate users, or prove that they are who they claim to be. It’s the problem that leads to some of the cybercrimes most expensive to business — like email compromise, wire fraud and theft of valuable intellectual property. It’s also at the root of the attacks suffered by the Democratic National Committee in the 2016 election.

Duo Security is just one of the companies that fall under the banner of identity and access management, a cybersecurity discipline which itself is just a slice of the overall cyber market.

This is a quick snapshot of that market and some of its established and emerging players. Several of these companies have multiple offerings in each space, but to keep list narrow, we’ve focused on one key offering per company.


Company: cnbc, Activity: cnbc, Date: 2018-08-02  Authors: kate fazzini, source, duo security
Keywords: news, cnbc, companies, investor, users, companies, wire, splunk, guide, tanium, security, duo, valuable, company, identity, cybersecurity, access, weve


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Meet a guide who earns $100,000 a year bringing climbers up the world’s most dangerous peaks

During a 2015 expedition to Mount Everest, 18 people died in a catastrophic earthquake and avalanche on Mt. “Losing Eve was very hard for everybody, obviously, her family, her friends, myself,” he says. “But I didn’t want to walk away from the mountain or quit on such a low note.”So what motivates Madison to stay in such a dangerous profession? “When I’m helping other climbers get to the top, I can feel their excitement, their joy,” he says. “Being part of their journey and their success allows


During a 2015 expedition to Mount Everest, 18 people died in a catastrophic earthquake and avalanche on Mt. “Losing Eve was very hard for everybody, obviously, her family, her friends, myself,” he says. “But I didn’t want to walk away from the mountain or quit on such a low note.”So what motivates Madison to stay in such a dangerous profession? “When I’m helping other climbers get to the top, I can feel their excitement, their joy,” he says. “Being part of their journey and their success allows
Meet a guide who earns $100,000 a year bringing climbers up the world’s most dangerous peaks Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-08-02  Authors: jake callahan, madison mountaineering
Keywords: news, cnbc, companies, climbers, 100000, guide, peaks, quit, feel, worlds, team, success, stay, eve, bringing, earns, walk, madison, professionwhen, everest, meet, dangerous


Meet a guide who earns $100,000 a year bringing climbers up the world's most dangerous peaks

Madison has experienced some of these dangers first-hand. During a 2015 expedition to Mount Everest, 18 people died in a catastrophic earthquake and avalanche on Mt. Everest. Among the deceased was Madison’s team doctor and girlfriend, Marisa Eve Girawong.

“Losing Eve was very hard for everybody, obviously, her family, her friends, myself,” he says. “But I didn’t want to walk away from the mountain or quit on such a low note.”

So what motivates Madison to stay in such a dangerous profession?

“When I’m helping other climbers get to the top, I can feel their excitement, their joy,” he says. “Being part of their journey and their success allows me to feel like I’ve had this amazing, positive contribution onto their lives.”


Company: cnbc, Activity: cnbc, Date: 2018-08-02  Authors: jake callahan, madison mountaineering
Keywords: news, cnbc, companies, climbers, 100000, guide, peaks, quit, feel, worlds, team, success, stay, eve, bringing, earns, walk, madison, professionwhen, everest, meet, dangerous


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Summer travel guide: Where to save (or splurge) in Maui, Hawaii

With a scenic coastline, charming beach towns and hidden waterfalls in tropical rain forests, Maui is one of the most picture-perfect islands in Hawaii. According to the Hawaii Tourism Authority, visitors increased by 7 percent so far in 2018 (since the same time last year). If you plan on heading to Maui this summer, when temperatures are in the high 80s, you can beat winter’s high season prices (but expect more crowds — you’re not the only one who’s looking to save). Whether you want to budget


With a scenic coastline, charming beach towns and hidden waterfalls in tropical rain forests, Maui is one of the most picture-perfect islands in Hawaii. According to the Hawaii Tourism Authority, visitors increased by 7 percent so far in 2018 (since the same time last year). If you plan on heading to Maui this summer, when temperatures are in the high 80s, you can beat winter’s high season prices (but expect more crowds — you’re not the only one who’s looking to save). Whether you want to budget
Summer travel guide: Where to save (or splurge) in Maui, Hawaii Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-06-08  Authors: jimmy im, matt anderson photography, getty images, the plantation inn, montage kapalua bay, montage hotels, mamas fish house, chris clor, ehabaref
Keywords: news, cnbc, companies, beach, summer, splurge, guide, winters, save, 18, whos, hawaii, maui, high, travel, youre, baby, yearif


Summer travel guide: Where to save (or splurge) in Maui, Hawaii

With a scenic coastline, charming beach towns and hidden waterfalls in tropical rain forests, Maui is one of the most picture-perfect islands in Hawaii. And more travelers are flocking there than ever before. According to the Hawaii Tourism Authority, visitors increased by 7 percent so far in 2018 (since the same time last year).

If you plan on heading to Maui this summer, when temperatures are in the high 80s, you can beat winter’s high season prices (but expect more crowds — you’re not the only one who’s looking to save). Whether you want to budget or splurge on a luxury trip, here are the best places to stay, eat, play and see on this Hawaiian island.

Hotels

Save: The Plantation Inn in Lahaina is a best-kept secret. The adults-only (18 and older) bed and breakfast is intimate, with 18 colorful rooms, a sunny courtyard with a pool and an award-winning French restaurant, Gerard’s, known for his baby spinach and scallop salad ($16) and Confit of Duck ($39). It’s just steps from famed Front Street, which is lined with boutiques, restaurants and art galleries, and a mile from Baby Beach. Doubles start at $200 per night.


Company: cnbc, Activity: cnbc, Date: 2018-06-08  Authors: jimmy im, matt anderson photography, getty images, the plantation inn, montage kapalua bay, montage hotels, mamas fish house, chris clor, ehabaref
Keywords: news, cnbc, companies, beach, summer, splurge, guide, winters, save, 18, whos, hawaii, maui, high, travel, youre, baby, yearif


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