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President Donald Trump expressed deep frustration with both Israel and Iran on Tuesday, saying the two countries ‘don’t know what the **** they’re doing.’

Trump made the comments while departing from the White House for a NATO summit Tuesday morning. Both Israel and Iran fired missiles at one another following the imposition of a ceasefire on Monday night.

‘I’m not happy with Israel. You know, when I say, okay, now you have 12 hours, you don’t go out in the first hour and just drop everything you have on them. So I’m not happy with them. I’m not happy with Iran either, but I’m really unhappy if Israel is going out this morning,’ Trump said.

He continued, ‘We basically have two countries that have been fighting for so long and so hard that they don’t know what the **** they’re doing.’ 

‘I’m gonna see if I can stop it,’ he added.

‘ISRAEL. DO NOT DROP THOSE BOMBS. IF YOU DO IT IS A MAJOR VIOLATION. BRING YOUR PILOTS HOME, NOW!’ Trump wrote on Truth Social shortly after boarding Marine One.

Minutes later, he announced that Israel was canceling its plans for an attack Tuesday morning.

‘ISRAEL is not going to attack Iran. All planes will turn around and head home, while doing a friendly ‘Plane Wave’ to Iran. Nobody will be hurt, the Ceasefire is in effect! Thank you for your attention to this matter!’ he wrote.

He then topped it off with a post stating: ‘IRAN WILL NEVER REBUILD THEIR NUCLEAR FACILITIES!’

Trump announced a ceasefire between Israel and Iran on Monday night, dubbing the conflict a ’12-day war.’

Qatar’s prime minister secured Iran’s agreement to the U.S.-proposed ceasefire after Iran’s limited strikes on America’s Al-Udeid Air Base in Qatar.

A senior Israeli official told Fox News on Tuesday that Iran had launched two missiles toward Israel following the announcement of the ceasefire ‘and we believe they are trying to fire more in the next couple of hours.’

‘Unfortunately, the Iranians have decided to continue to fire toward Israel,’ the official said to Fox News Chief Foreign Correspondent  Trey Yingst after Trump unveiled the deal Monday.

‘Now we will have to retaliate, this will happen of course,’ the official added. ‘It could end within several hours, but they [the Iranians] need to make a decision.’ 

Israel has yet to confirm that it has canceled its follow-up attack.

This post appeared first on FOX NEWS

Walmart has agreed to pay $10 million to settle a Federal Trade Commission civil lawsuit accusing the world’s largest retailer of ignoring warning signs that fraudsters used its money transfer services to fleece consumers out of hundreds of millions of dollars.

The settlement was filed on Friday in Chicago federal court, and requires approval by U.S. District Judge Manish Shah.

Walmart also agreed not to process money transfers it suspects are fraudulent, or help sellers and telemarketers it believes are using its services to commit fraud.

“Electronic money transfers are one of the most common ways that scammers tell consumers to send them money, because once it’s sent, it’s gone for good,” said Christopher Mufarrige, director of the FTC consumer protection bureau. “Companies that provide these services must train their employees to comply with the law and work to protect consumers.”

The Arkansas-based retailer did not admit or deny wrongdoing in agreeing to settle. Walmart did not immediately respond to requests for comment.

In its June 2022 complaint, the FTC accused Walmart of turning a blind eye to fraudsters who used its money transfer services to cash out at its stores.

Walmart acts as an agent for money transfers by companies such as MoneyGram and Western Union. Money can be hard to trace once delivered.

The FTC said fraudsters used many schemes that included impersonating Internal Revenue Service agents, impersonating family members who needed money from grandparents to avoid jail, and telling victims they won lotteries or sweepstakes but owed fees to collect their winnings.

Shah dismissed part of the FTC case last July but let the regulator pursue the remainder. Walmart appealed from that decision. Friday’s settlement would end the appeal.

This post appeared first on NBC NEWS

Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how long it needed to integrate advanced artificial intelligence into its Siri voice assistant, hurting iPhone sales and its stock price.

The complaint covers shareholders who suffered potentially hundreds of billions of dollars of losses in the year ending June 9, when Apple introduced several features and aesthetic improvements for its products but kept AI changes modest.

Apple did not immediately respond to requests for comment.

CEO Tim Cook, Chief Financial Officer Kevan Parekh and former CFO Luca Maestri are also defendants in the lawsuit filed in San Francisco federal court.

Shareholders led by Eric Tucker said that at its June 2024 Worldwide Developers Conference, Apple led them to believe AI would be a key driver of iPhone 16 devices, when it launched Apple Intelligence to make Siri more powerful and user-friendly. But they said the Cupertino, California-based company lacked a functional prototype of AI-based Siri features and could not reasonably believe the features would ever be ready for iPhone 16s.

Shareholders said the truth began to emerge on March 7 when Apple delayed some Siri upgrades to 2026 and continued through this year’s Worldwide Developers Conference on June 9 when Apple’s assessment of its AI progress disappointed analysts.

Apple shares have lost nearly one-fourth of their value since their Dec. 26, 2024 ,record high, wiping out approximately $900 billion of market value.

This post appeared first on NBC NEWS

A House lawmaker is nominating President Donald Trump for the Nobel Peace Prize after he brokered a ceasefire deal between Israel and Iran.

Rep. Buddy Carter, R-Ga., wrote to the Nobel Peace Prize Committee, declaring Trump had an ‘extraordinary and historic role’ in having ended ‘the armed conflict between Israel and Iran and preventing the world’s largest state sponsor of terrorism from obtaining the most lethal weapon on the planet.’

Trump declared the ’12 Day War’ was ending late on Monday afternoon with a ceasefire that was meant to go into effect overnight Tuesday.

It ends just over a week after Israel first launched a preemptive strike against Iran, arguing Tehran was dangerously close to obtaining a nuclear weapon.

The two countries subsequently traded rocket fire over the following days, and over the weekend, the U.S. launched its own airstrikes on three of Iran’s key nuclear facilities.

Iran responded by shooting rockets at a U.S. air base in Qatar on Monday, but not without giving advance notice to U.S. and Qatari officials. No injuries were reported in that attack.

‘President Trump’s influence was instrumental in forging a swift agreement that many believed to be impossible. President Trump also took bold, decisive actions to halt Iran’s nuclear ambitions and ensure that the world’s largest state sponsor of terrorism remains incapable of acquiring a nuclear weapon,’ Carter wrote in his letter.

He said Trump’s leadership through the crisis ‘exemplifies the very ideals that the Nobel Peace Prize seeks to recognize: the pursuit of peace, the prevention of war, and the advancement of international harmony. In a region plagued by historical animosity and political volatility, such a breakthrough demands both courage and clarity.’

‘President Trump demonstrated both, offering the world a rare glimpse of hope. For these reasons, I respectfully submit this nomination for Donald J. Trump, 47th President of the United States, to be considered for the Nobel Peace Prize,’ Carter finished.

It is not the first time Trump has been nominated for the prize, though he has yet to win.

Rep. Darrell Issa, R-Calif., tapped Trump for the prize just earlier this year, arguing his 2024 electoral victory had an ‘astonishingly effective impact’ on peace in the world.

According to the Nobel Prize website, there have been 338 candidates nominated for the 2025 Nobel Peace Prize so far.

Carter, who is also running for Senate in Georgia, has introduced several notable bills this year backing Trump, though many have been seen as largely symbolic.

The Georgia Republican introduced legislation to rename Greenland ‘Red, White, and Blueland’ after Trump expressed interest in taking the territory. He also authored a bill aimed at letting Trump sell off a federal building in California named after former House Speaker Nancy Pelosi, D-Calif.

However, as for the conflict in the Middle East, it appears the tenuous peace is in danger of fraying as of Tuesday morning.

Carter’s nomination for Trump comes shortly after Israel accused Iran of breaking their ceasefire agreement, which Tehran has denied.  

This post appeared first on FOX NEWS

The S&P MidCap 400 SPDR (MDY) is trading at a moment of truth as its 5-day SMA returns to the 200-day SMA. A bearish trend signal triggered in early March. Despite a strong bounce from early April to mid May, this signal remains in force because it has yet to be proven otherwise. Today’s report will show how to quantify signals and reduce whipsaws using the percentage difference between two SMAs.

First note that MDY is lagging SPY and QQQ because its 5-day has yet to cross above its 200-day. The latter two saw bullish crosses in mid May, over a month ago. A bullish breakout in MDY would reflect broadening upside participation, which would be bullish for stocks. The PerfChart below shows SPY and QQQ with year-to-date gains. MDY and IWM are down year-to-date. 

 

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TrendInvestorPro continues to follow the leading uptrends and recent breakouts in metals-related ETFs. These include gold, silver, palladium, platinum, copper and associated miners. Tech-related ETFs are also leading and featured in our reports/videos. Click here to learn more and get full access to our research.

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The chart below shows MDY hitting its moment of truth as the 5-day SMA (black line) bumps against the underside of the 200-day SMA (blue line). A bearish cross occurred in late February and this signal has yet to be reversed. However, I am not watching for a simple 5/200 cross. Instead, I want to see the 5-day SMA clear the 200-day SMA by a certain percentage. This is a signal threshold.

The indicator window shows Percent above MA (5,200,1), which measures the percentage difference between the 5 and 200 day SMAs. See the TIP Indicator Edge Plugin for details. I placed signal thresholds at +3% and -3% to reduce whipsaws. A bullish signal triggers with a move above +3% and a bearish signal triggers with a move below -3%. At the very least, this indicator value is still negative and bearish. A move above 0 would reflect a positive 5/200 cross, while a move above +3% would trigger a bullish trend signal. This indicator is part of the TIP Indicator Edge Plugin for StockCharts ACP.

The signal threshold levels depend on your personal preferences and trading styles. Tighter thresholds generate earlier signals, but with more whipsaws. Wider thresholds reduce whipsaws, but increase signal lag. This is always the tradeoff. I prefer plus/minus 1 percent when using the 5/200 cross for SPY. I widened these thresholds to plus/minus 3 percent for MDY because it is more volatile.

TrendInvestorPro continues to follow the leading uptrends and recent breakouts in metals-related ETFs. These include gold, silver, palladium, platinum, copper and associated miners. Tech-related ETFs are also leading and featured in our reports/videos. Click here to learn more and gain immediate access. 

In today’s “Weekly Market Recap”, EarningsBeats.com’s Chief Market Strategist Tom Bowley looks ahead to determine the likely path for U.S. equities after the weekend bombing of Iran nuclear sites. Are crude prices heading higher? Will energy stocks outperform? What additional roadblocks might we have to negotiate after the latest Fed meeting and policy statement? Could we see fallout from June monthly options expiring on Friday? Check it all out in the video below….

Happy trading!

Tom

Canada’s tech sector saw momentum this week, with announcements spanning venture capital and quantum computing, as well as global policy leadership news out of the G7 summit.

Axl on a mission to retain Canadian innovation

On Tuesday (June 17), Axl, a newly founded Canadian venture studio, announced plans to help launch 50 artificial intelligence (AI) companies in Canada over the next five years, supported by a C$15 million fund led by co-founder Daniel Wigdor, a computer science professor at the University of Toronto.

The venture’s other founders are Tovi Grossman, another University of Toronto professor, entrepreneur Ray Sharma and former Telus (TSX:T,NYSE:TU) executive David Sharma. Mining magnate Rob McEwen of McEwen Mining (TSX:MUX,NYSE:MUX) and Smart Technologies co-founder David Martin are also investors.

According to Wigdor, Axl will tackle practical business problems and connect them with promising academic research in a bid to keep Canadian innovation at home. “The social contract academics believe we have with society is that we invent these technologies and inspire people,” he told the Globe and Mail on Tuesday. “The tragedy is that the foundational technologies we’re inventing in Canada are not accruing capital for Canada.’

Wigdor pointed to his own career as a cautionary tale, explaining that the iPhone’s multi-touch interface was presaged by research he conducted in the early 2000s for his University of Toronto thesis, which itself built on concepts pioneered by University of Toronto professor Bill Buxton in the 1980s.

Other University of Toronto AI breakthroughs fueled the international rise of figures like Geoffrey Hinton, OpenAI co-founder Ilya Sutskever and xAI’s Jimmy Ba, all of whom took their expertise to US-based companies.

Carney talks tech leadership at G7 summit

Initiatives like Axl’s signal a proactive approach to Canada’s challenge of retaining tech talent and capitalizing on its world-class research; however, its success will hinge on broader public support.

Prime Minister Mark Carney has signaled that fostering tech innovation at home is a priority. He told G7 leaders that driving the digital transition, led by AI and quantum computing, would be one of his top goals at the summit.

Quantum technology was reportedly discussed at length during the two day meeting, which took place in Kananaskis, Alberta. In addition, a joint statement from members released by the prime minister’s office indicates that Canada will launch the G7 GovAI Grand Challenge and host a series of Rapid Solution Labs “to develop innovative and scalable solutions to the barriers we face in adopting AI in the public sector.”

That emphasis echoes longstanding concerns from the research community.

A 2024 letter acquired by the Logic and sent to then-innovation minister François-Philippe Champagne by the Quantum Advisory Council cites the significant sums that other countries have invested in quantum technology.

“The cost of inaction is tremendous,” the group wrote at the time, pointing to Canada’s history of “inventing core technologies,” but letting other countries “grow industries around our inventions.”

The council proposed a C$1 billion program that would mirror the Quantum Benchmarking Initiative (QBI), which fosters domestic quantum computing in the US. The QBI has selected 18 companies for its first phase, including three from Canada; firms that demonstrate the ability to build a functional quantum computer by 2033 will be eligible to receive up to US$316 million, making it a potential “kingmaker” program.

The second phase of the program is set to launch in August 2025. While no relocation demands have been made, concerns exist that later-stage QBI terms could force Canadian winners to the US.

The Quantum Advisory Council said its proposed program would be run by the National Research Council, which would independently assess firms to accelerate the development of competitive domestic quantum companies.

It would build on a C$360 million national quantum strategy announced in April 2021.

The council’s recommendations include increased grants for scientific and social science research into quantum technologies, and a new federal clusters program to foster regional quantum ecosystems encompassing research, development and training, alongside ethical and secure use. It also calls for significant investment in quantum-safe software certification and the development of other security systems.

In a speech at the Quantum Now conference in Montreal on Thursday (June 19), Canada’s AI minister, Evan Solomon, emphasized the need to protect Canada’s talent pipeline. “We cannot allow short-term funding opportunities to hollow out our domestic capabilities or transfer generations of Canadian innovation outside our borders,” he said.

Earlier this month, the minister said he would move away from “over-indexing on warnings and regulation” and instead focus on finding ways to unleash the economic potential of AI. The ongoing collaboration between government initiatives and private ventures will be key to unlocking Canada’s full potential in the new digital era.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

DY6 Metals Ltd (ASX: DY6, “DY6” or the “Company”) is pleased to announce the initial visual estimations from the reconnaissance exploration program at the Douala Basin HMS Project, Cameroon. Desktop studies incorporating detailed geological mapping, geophysics, and known mineral occurrences, were used to define initial, high priority targets for ground- truthing. The reconnaissance programme, which consisted of hand auger and channel sampling, was successful in identifying high estimated concentrations of heavy mineral (HM) mineralisation across all the six tenements that make up the project. Additionally, the Company’s consultants have observed the presence of natural rutile grains within panned concentrates.

HIGHLIGHTS

  • The Company’s reconnaissance auger and channel sampling programme has been completed at the Douala Basin HMS Project
  • Reconnaissance sampling undertaken across the 6 Douala Basin tenements has identified thick zones of high estimated concentrations of heavy minerals (HM) as well as natural rutile
  • Work at the Douala Basin Project followed up on historical HM occurrences identified by previous Eramet drilling, as well as priority areas identified through the Company’s internal reviews
  • Samples collected from the reconnaissance program are due to be submitted for laboratory analysis in the coming weeks, with results expected in the September quarter
  • At Douala Basin, exploration will transition to a detailed campaign of auger drilling

Samples collected from this initial exploration programme are currently being prepped for dispatch to the Company’s laboratory for analysis in South Africa, with results expected in the September quarter.

Technical Consultant, Cliff Fitzhenry, commented:“While the Company’s primary focus is on the Central Rutile Project, where we have recently reported the presence of wide-spread residual natural rutile mineralisation, we believe that the Douala Basin HMS project has significant potential. The reconnaissance programme has over the last few weeks demonstrated the potential of the area, with the identification of high concentrations of visible heavy mineral sands across the project tenements through a mixture of auger, channel, and soil sampling work. Pleasingly, we have also observed natural rutile grains at Douala Basin.

We look forward to the assay results of the reconnaissance programme in the coming months.”

Reconnaissance exploration at the Douala Basin HMS Project

As announced on 5 June 2025, the Company commenced reconnaissance auger and grab sampling programmes at the Central Rutile and Douala Basin HMS projects, Cameroon. At the Douala Basin project, the Company has completed 12 hand auger drill holes (refer Figure 1), collecting 53 samples in the process, as well as collected 38 channel samples from 11 surfaces for analysis (refer Tables 1 & 2).

Cautionary Statement:

The Company cautions that, with respect to any visual mineralisation indicators, visual observations and estimates of mineral abundance are uncertain in nature and should not be taken as a substitute or proxy for appropriate laboratory analysis. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations. Assay results from the drilling and sampling programmes will be required to understand the grade and extent of mineralisation. Initial assay results are expected in August 2025.

Click here for the full ASX Release

This post appeared first on investingnews.com

President Donald Trump will be engaging in numerous foreign policy discussions this upcoming week at a NATO summit, where more than just Ukraine will be the focus of conversations between foreign leaders. 

A senior Trump official told the Wall Street Journal Sunday that the president still intends to attend the summit that will be held in The Hague, starting Wednesday. He will depart for the Netherlands on Tuesday and arrive late in the evening the same day. 

It is a slight schedule change from his originally planned departure date of Monday, per previous reports.

Trump was expected to attend a state dinner between foreign leaders on Tuesday evening, but it is unclear whether he will still attend due to the late-Tuesday arrival time. The White House did not respond to Fox News Digital’s requests for additional information about the president’s schedule.

The schedule change comes after the president recently abruptly left the G7 economic summit in Canada to attend to the ongoing situation in the Middle East that tamped up Saturday.

The summit between foreign leaders will likely include conversations about Trump’s recent decision to involve the United States in Israel’s campaign in the Middle East. 

Ukrainian President Volodymyr Zelenskyy is expected to be in attendance as well, with leaders expected to discuss ongoing assistance to Ukraine amid its ongoing war with Russia. However, Ukraine’s crisis is not expected to be the central issue of concern, with global tensions in Iran likely to take a major chunk of the summit’s attention. 

Leaders are also expected to discuss NATO Secretary-General Mark Rutte’s proposal that each member country contribute at least 5% of their gross domestic product to defense spending. The idea, framed as a Trump win, has been rejected by Spain, while others have taken issue with the speed at which the move to increase NATO-member defense spending has taken.

The summit will end Wednesday and Trump will depart back to Washington thereafter. There will be heavy security and protesters have already taken to the streets in protest of the upcoming summit.

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The White House Office of Science and Technology on Monday directed federal agencies to implement ‘gold standard science’ principles to depoliticize science and restore public trust, Fox News Digital has learned.

White House Office of Science and Technology Policy Director Michael Kratsios sent guidance to federal research agencies Monday morning, incorporating President Donald Trump’s executive order on ‘Restoring Gold Standard Science.’

Fox News Digital exclusively obtained the guidance sent to federal agencies.

President Trump, in May, signed an executive order to restore ‘Gold Standard Science’ as the cornerstone of federal scientific research.

‘Gold Standard Science’ is ‘reproducible, transparent and falsifiable,’ according to the order. 

It is also ‘subject to unbiased peer review; clear about errors and uncertainties; skeptical of assumptions; collaborative and interdisciplinary; accepting of negative results as positive outcomes; and free from conflicts of interest.’ 

The executive order reinstated ‘the scientific integrity policies’ of the first Trump administration and ‘ensures that science is no longer manipulated or misused to justify political ends.’ 

‘President Trump’s Gold Standard Science EO will transform the conduct and management of federal science, from research design to public communication, in order to strengthen scientific inquiry, rebuild public trust, and ensure the U.S. continues to be the global leader in rigorous, evidence-based science,’ Kratsios told Fox News Digital. ‘But federal agencies are only one part of our nation’s research ecosystem.’

Kratsios added, ‘American universities, scientific journals, industry and philanthropic leaders all have a crucial role in improving the overall quality of research, and we encourage this executive action to serve as a model for the entire scientific enterprise.’

Kratsios sent the memo to federal agencies Monday morning to provide guidance to federal departments and agencies on implementing gold standard science ‘in the conduct and management of all aspects of their scientific activities, from research design to public communication.’

‘By adopting these standards, agencies will strengthen scientific inquiry, rebuild public trust, and ensure the United States continues as the global leader in rigorous, evidence-based science,’ the memo states.

Kratsios said that ‘Gold Standard Science’ represents a ‘commitment to the highest standards of scientific integrity, defined by nine core tenets: reproducible; transparent; communicative of error and uncertainty; collaborative and interdisciplinary; skeptical of its findings and assumptions; structured for falsifiability of hypotheses; subject to unbiased peer review; accepting of negative results as positive outcomes; and without conflicts of interest.’

‘These tenets ensure that federally-supported research and research used in federal decision-making is transparent, rigorous, and impactful, enabling federal decisions to be informed by the most credible, reliable, and impartial scientific evidence available,’ Kratsios wrote in the guidance.

But ‘Gold Standard Science’ is not limited to science, Kratsios said, saying that it is critical for tackling complex challenges in energy innovation and national security as well.

‘In an age of rapid technological progress and heightened public scrutiny, federally-funded and federally-performed science, and its use in Federal decision-making, must be beyond reproach,’ he wrote.

As for conducting science ‘without conflicts of interest,’ Kratsios said it is imperative to ensure that ‘research is designed, executed, reviewed, and reported free from financial, personal, or institutional influences that could bias outcomes or undermine objectivity.’

‘This approach is important for generating trustworthy and credible new knowledge, as it upholds scientific integrity, fosters public confidence, and ensures that results reflect evidence rather than external agendas,’ the memo states. ‘Maintaining freedom from conflicts of interest requires researchers, reviewers, and managers to disclose all relevant affiliations, funding sources, and relationships relevant to the science conducted, adhering to stringent ethical standards supported by strong institutional oversight, transparent reporting systems, and independent expert review mechanisms.’

Kratsios said agencies must ‘prioritize conducting and managing scientific research free from conflicts of interest to advance unbiased science,’ and must ‘require disclosure of all relevant conflicts of interest by researchers, reviewers, and agency officials involved in the funding or performance of Federal research.’

‘These efforts include requiring comprehensive, standardized disclosure of all financial, personal, or institutional interests in research proposals, publications, peer and merit reviews, and data repositories, with clear and standardized protocols to identify, mitigate, and manage potential biases,’ the memo states. ‘Agencies should mandate the use of independent oversight approaches and enforce strict conflict-of-interest policies.’

Agencies have 60 days to outline ‘Gold Standard Science’ implementation plans, including plans for training and resources to ensure agency personnel understand the new policy, and the use of artificial intelligence-driven tools when practical.

After Trump signed the May executive order to restore gold standard science, a senior White House official said there had been a decline in ‘disruptive research’ and investments in biomedical research, along with ‘serious cases’ of fraud and misconduct and the inability to reproduce scientific methods for the purpose of restoring public trust.

The official also blamed policy responses to the COVID-19 pandemic and ‘woke DEI initiatives’ for endangering the public’s trust in government scientists.

Now-retired National Institute of Allergy and Infectious Diseases Director Dr. Anthony Fauci was repeatedly denounced for flip-flopping and obfuscating during his time engineering the federal response to COVID-19, leading many, particularly on the right, to disregard and dismiss the legitimacy of federal health authorities outright.

That order cites the fact the Biden administration included political edits from teachers’ unions in school-reopening guidance, instead of leading with any scientific evidence.

Meanwhile, in an exclusive interview with Fox News Digital in April, Kratsios echoed Trump, saying the U.S. is in the ‘golden age’ and that this special moment in time is ‘underpinned by unbelievable science and technology.’

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