ГДЗ-Русский-язык-5-класс-Разумовская-2001 (ГДЗ - учебник для 5 класса Разумовская М.М. и др. - Дрофа 2000)

>hfZrgyy jZ[hlZihjmkkdhfmyaudmaZ deZkkd mq_[gbdm©Jmkkdbcyaudmq_[gbd^eydeZkkZ h[s_h[jZah\Zl_evguomqj_`^_gbcªFFJZamfh\kdZyb ^j²F>jhnZmq_[ghijZdlbq_kdh_ihkh[b_ LZcguq_eh\_q_kdh]hyaudZYaud ^_eZ_l q_eh\_dZ q_eh\_dhf ;_a yaudZ h[s_kl\h ex^_cg_fh]eh[ukms_kl\h\Zlv FZm]eb?keb j_[_ghd jZkl_l g_ k ex^vfb Z \ klZ_ `b\hlguo lh hggbdh]^Zg_gZmqblky]h\hjblv JZat_^bgy_l ²_^bgkl\h_^bguch[t_^bgy_lkh_^bg_gb_ijbkh_^bgblv_^bghebqguc_^bghh[jZaghm_^bg_gguc gZ_^bg_hlkh_^bgylvky<eZ^_lv ² \eZ^_gb_ a_fe_\eZ^_gb_ \eZ^_e_p aZ\eZ^_lvkh\eZ^_lvh\eZ^_\ZlvjZ[h\eZ^_e_pM^b\bl_evgh_ ² ^b\h ^b\guc ^b\blvky ih^b\blvky m^b\e_ggucm^b\eylvij_^b\gucij_m^b\bl_evguc HlebqZxlky ² hlebqb_ hlebqbl_evguc hlebqguc g_hlebqbfuc<klj_qZxlky²\klj_qZ\klj_qgucgZ\klj_qmih\klj_qZlvHljZ`Z_lky ² hljZ`Zl_ev hljZ`_gguc hljZ`_gb_ g_hljZabfuc MklgZy j_qv ihy\beZkv jZgvr_ ibkvf_gghc MklgZyj_qvkhklhblbaa\mdh\dhlhju_\ hij_^_e_gghfihjy^d_kdeZ^u\Zxlky\ keh\Z;md\ubah[j_l_gu^eyaZdj_ie_gbyibkvf_gghcj_qb gZ [mfZ]_ FZ]gblhnhggu_ aZibkb aZdj_ieyxl mklgmxj_qv Hj]ZgZfb kemoZ \hkijbgbfZxl mklgmx j_qv Z hj]ZgZfbaj_gby ² ibkvf_ggmx Ql_gb_ \kemo ² wlh \hkijhba\_^_gb_ibkvf_gghcj_qbIbkvf_ggZyj_qv\hagbdeZkjZ\gbl_evghg_^Z\ghdZdmkeh\gh_hljZ`_gb_mklghcj_qbghg_gZh[hjhl Nhg_lbdZ l_e_nhg fZ]gblhnhg nhgh]jZffZ nhgh]jZnnhghl_dZ MklgZyj_qvij_^klZ\ey_lkh[hcihlhda\mdh\A\mdbj_qbbamqZxlky\ hkh[hfjZa^_e_yaudhagZgby²nhg_lbd_A\mdbj_qbkem`Zl^eyjZaebq_gbykfukeZkeh\emd²exdf_e²f_evjy^²jZ^ >dhf@²>khf@²>lhf@²>^hf@²>ehf@²>jhf@ =em[hdbcijm^²]b[dbcijml\Zj_gucemd²p\_lmsbcem]h[b`ZlvfZeurZ²h[_`Zlv\hdjm]^hfZnml[hevgu_fyqb²[meZlgu_f_qb ;>Z@evrhc ² [hevrhc l>bw@`_euc ² ly`_eucih[>bw@eblv ² ih[_eblv aZi>Z@o ² aZiZo h[f>Z@gmlv ² h[fZgmlv ]j>Z@`^Zgkdbc ² ]jZ`^Zgkdbc m^>b@\eylvky ² m^b\eylvkykhag>Z@\Zlv²khagZ\Zlv <h^ygbkluc²\h^ug_^Ze_dh²^ZevihahehlZ²ahehlh [hjhlvky ² [hj_lky dhexqbc ² dhe_lky klZjhfh^guc ² ² \a]ey^ ² jh^kl\_ggbd jh^ghcklZjuc]ey^_lvaZlhiblv ²lhiblhl^Ze_gguc²^ZevjZa^Z\Zlvky²jZa^Zklky]h^h\Zeuc²]h^jZa]Z^Zlv²aZ]Z^dZm]h^blv²m]h^eb\uc JZa^_e yaudhagZgby bamqZxsbc a\mdb j_qb gZau\Z_lkynhg_lbdZ < jheb hj]Zgh\ j_qb \uklmiZxl ]hjlZgv k ]hehkh\ufbk\yadZfbjhlh\Zyb ghkh\Zyihehklbyaud]m[uam[ugz[hA\mdbj_qb^_eylkygZ]eZkgu_b kh]eZkgu_=eZkgu_khklhyllhevdhba]hehkZKh]eZkgu_khklhylba]hehkZb rmfZbeblhevdhbarmfZ Ju`bd²>ju`ud@>u@²]eZkguca\md>j@>`@>d@²kh]eZkgu_a\mdbLjm^²>ljml@>m@²]eZkguca\md>l@>j@²kh]eZkgu_a\mdb Fhkd\Z ² >fZkd\Z@ >Z@ ² ]eZkguc a\md >f@ >k@ >d@ >\@ ²kh]eZkgu_a\mdbK[hj²>a[hj@>h@²]eZkguca\md>a@>[@>j@²kh]eZkgu_a\mdbDem[²>demi@>m@²]eZkguca\md>d@>e@>i@²kh]eZkgu_ a\mdb Kfhe_gkd ² >kfZe¶wgkd@ >Z@ >w@ ² ]eZkgu_ a\mdb>k@>f@>e¶@>g@>d@²kh]eZkgu_a\mdbLj_ev²>lj¶we¶@>w@²]eZkguca\md>l@>j¶@>e¶@²kh]eZkgu_a\mdb A\md>i¶@²kh]eZkgucfy]dbciZjguc]emohciZjgucA\md>`@²kh]eZkgucl\_j^ucg_iZjguca\hgdbciZjgucA\md>]@²kh]eZkgucl\_j^uciZjguca\hgdbciZjgucA\md>q¶@²kh]eZkgucfy]dbcg_iZjguc]emohcg_iZjgucA\md>p@²kh]eZkgucl\_j^ucg_iZjguc]emohcg_iZjgucA\md>\@²kh]eZkgucl\_j^uciZjguca\hgdbciZjgucA\md>n@²kh]eZkgucl\_j^uciZjguc]emohciZjguc D\ZjlZeu>e@²kh]eZkguca\hgdbcl\_j^ucRhnzj>n¶@²kh]eZkguc]emohcfy]dbcBg`_g_ju>`@²kh]eZkguca\hgdbcl\_j^uc:^j_kZ>Z@²]eZkguc[_am^Zjguc>j¶@²kh]eZkguca\hgdbcfy]dbcIehlu>Z@²]eZkguc[_am^ZjgucIjbgye>g¶@²kh]eZkguca\hgdbcfy]dbcSZ\_ev>s¶@² kh]eZkguc ]emohc fy]dbc >bw@ ² ]eZkguc[_am^ZjgucIh\lhjbl>n@²kh]eZkguc]emohcl\_j^uc>b@²]eZkgucm^Zjguc >hdjhldhldhjfk_eh^_j_\h B]eu_eb²mrdhb]eukl_gu^hfZ²klhblhdhehkl_gu\aylv\ jmdb²gZibkZlvhljmdb[uklju_gh]b²kgylvk gh]bhd_Zgkdb_\h^u²klZdZg\h^u^Zevgb_a_feb²ih^gylvk a_feb[_eu_dhau²dhjf^eydhau]em[hdb_j_db²jmkeh j_dbjh\gu_ ^hkdb ² kl_j_lv k ^hkdb h]jhfgu_ \hegu ² mclb hl\hegujZagh\b^ JZaghf_klghklv m^Zj_gby [hevrhc oe_[gucghklvihgye ² \ ]hjmIh^\b`ghklv m^Zj_gby gZqZe² gZqZeZ]hjZihehkZ²ihehkufgqiheh`m²iheh`bl Ljm^guc^bZeh]agZqbfZyqZklvkeh\ZdeZeZgZklheiheh`blv\ rdZnrhn_jlZdkblhjluijbgylvdjZgugZ DmohggucdjZkb\__aZ\b^ghqZlv[Zeh\Zlva\hgbl\dexqblk\_deZih\lhjbl >hki_o ²mki_okg_]²[_]\jZ]²kly]\ h[eZdZo²\jmdZo^mo²kemo^jm]²djm]i_lmo²fmoem]²iem]ihjh]²ibjh]\a^ho²;h]hqZ]²juqZ]ie_qZo²\ j_qZo^jm]bo²]emobofb]²djbd Ilbp_eh\Z`Ze_y L_e_\babhggZyZg>l@_ggZjZ[hlZlv\ Z>l@_ev_hlijZ\blvky\ >^¶@_ihihk_eblvky\ bg>l@_jgZl_\aylvbg>l@_j\vx[eb`Zcr__dZ>n@_ mxlgh_ dm>i@_ f]gh\_ggZy eh>l@_j_y fh>^@_ev kZfhe_lZwdaZf_gZpbhggZy >k¶wk¶k¶@by [ukljuc >l@_fi rbjhdh_ >rhkw@k\_`bcfZch>g@_a^\b]Zl_evijh]>j¶@_kkZkhe^ZlkdZy rb>g¶@_ev\dmkguc [m>l@_j[jh^ ieZ\Zl_evguc [Z>k¶@_cg keb\hqgucd>j¶@_f gZmqguc >l¶@_jfbg kh\j_f_gguc dhfivx>l@_j>^¶@_nbkgh_gZibkZgb_ihklZ\blvlb>j@_ Bevbgb>rg@Z dhg_>rg@h gZjh>rg@h kdm>rg@h >rl@h[u>r@lh ZLhevdhl\_j^u_kh]eZkgu_kdZaZeklhehohlZk[hj[lhevdh fy]db_ kh]eZkgu_ mqbl_ev ^_eblv \ l\_j^u_ b fy]db_kh]eZkgu_l_ljZ^vkoh^bf_^\_^bHev]ZklheiblvkyaZ\b^ghy]h^Z ] lhevdh a\hgdb_ kh]eZkgu_ f_^\_^b Hev]Z aZ\b^ghk[hjy]h^Z^lhevdh]emob_kh]eZkgu_hohlZ_a\hgdb_b ]emob_ kh]eZkgu_ mqbl_ev kdZaZe l_ljZ^v klhe koh^b ^_eblvklheiblvkyi ²>i@k ²>a@[ ²>[@ k ²>k@l ²>l@h ²>Z@^ ²>^@j ²>j@h ²>h@l ²>l@Z ²>Z@h ²>h@e ²>e@j ²>j@l ²>l¶@k ²>k¶@[ ²>i@ Z ²>Z@v ²g_la\mdZ v ²g_la\mdZl ²>l¶@v ²g_la\mdZd ²>d@g ²>g@` ²>`@k ²>k@Z ²>Z@h ²>h@b ²>u@l ²>l@r ²>r@ ` ²>r@a ²>a¶@h ²>h@Z ²>Z@g ²>g¶@] ²>d@v ²g_la\mdZ :a[mdZ [ukljhlZ \heZg ]_j[Zjbc ^hf _ev z` `bagvaZ\ljZd b]eZ ch^ dZrlZg ebeh\uc fZebgh\uc gZklmjpbyh\Ze i_j_f_gZ jhah\uc kbj_g_\uc lZ[ebpZ mebpZ nbhe_lh\ucoZjZdl_jbklbdZpbnjZqbklhlZrmfgucszldZwlZ`_jdZx[be_cyglZjguc ihgjZ\blvky²>iZgjZ\¶bpZ@ihe²>ihe@Zj[ma²>Zj[mk@ghk²>ghk@jh]²>jhd@Zbkl²>Zbkl@\ba]²>\¶bkd@b]jZ²>b]jZ@pZiey²>pZie¶Z@Zdlzj²>Zdl¶hj@ Hjnhwiby ² jZa^_e gZmdb h jmkkdhf yaud_ bamqZxsbcijZ\bevgh_ijhbaghr_gb_a\mdh\keh\b m^Zj_gb_\ keh\Zonhg_lbdZ ² jZa^_e gZmdb h yaud_ bamqZxsbc a\mdb j_qb ljZgkdjbipby²i_j_^ZqZa\mdh\j_qbkeh\ZgZibkvf_ a\mda\mdZa\mdZa\mdZe_gv_oZlvih_a^dZkt_a^kZexlx`gucj_rZxl\vx]Z\i_jz^z`bdihzljm`vzfylvYelZijbylguch[ty\bli_lv_ev[hxkv\vxgiylzjdZydhjvjhyev[vzrvexdx[dZijh_a^h[t_^bgblvZ ;md\ [hevr_ q_f a\mdh\ gZkeZ`^Zlvky k\_jdZlv k\b^_l_ev]hj_lv[A\mdh\[hevr_q_f[md\`_eZgb_xgucbgnhjfZpbymdjZr_gb_ <_alb^bZeh]^m`dZ>`¶@xjbaZ\b^gha\hgbrve_kgbd k^_eZlvex[h\vfy>o¶d¶@bcihjlj_lklhjh`l_ljZ^vpu]Zgq_j_kqmjyb>rg@bpZDZi_evdbhk_gg_]hlmfZgZkl_dZebk [_j_a ghq¶M¶mb^mit]emohfme¶wkm@>M¶Z Z^¶bg >e¶ho¶²d¶bM¶@²keh]Zkh]ea\hgdfy]d>e¶@²]eZkgm^Zjg>h@²kh]e]emofy]d>o¶@²kh]e]emofy]d>d¶@²]eZkg[_am^>b@²kh]ea\hgdfy]d>M¶@²a\mdh\Ez]dbc²[md\Ez>o¶d¶@bc>Zc²a\[klZe²a\[klZev²a\[©vªa\mdZg_h[hagZqZ_l^Zevgbc²a\[©vªa\mdZg_h[hagZqZ_lkdZfvy²a\[©vª²a\mdZg_h[hagZqZ_l©yªh[hagZqZ_la\mdZl\hc²a\[`bagv²a\[©vªa\mdZg_h[hagZqZ_lih_klv²a\[©_ªh[hagZqZ_la\mdZ©vªg_h[hagZqZ_la\mdZihy\e_gb_²a\[©yª ©_ª h[hagZqZxliha\mdZ E_kiZog_l^m[hfb khkghc>kZkghM¶@²keh]Zkh]e]emol\>k@²]eZkg[_am^>Z@²kh]e]emol\>k@²kh]ea\hgdl\>g@²]eZkgm^Zjg>h@²kh]ea\hgdfy]d>M¶@²a\mdh\Khkghc²[md\ [_ahjnh]jZffuk hjnh]jZffhcihe_\h^ZdjZc[_`Zlvlhf]hjZehffhylZcgZjmdZ G_mkeh\gufa\mdZflhevdhmqblkyj_[_ghdbamqZyjh^ghcyaudghiv_l^moh\gmx`bagvb kbembajh^bfhc]jm^bjh^gh]hkeh\ZGb\uk`Zlujhsb]heu>j_fe_l\ajulZy^hjh]ZDhe_khfaZkbgb]hjuQlhkh\k_f²kh\k_fg_fgh]hHl\h^ulmfZgb kujhklvKhegp_lboh_kdZlbehkv?ck_]h^gyijbf_qlZehkv@^Zlvabfuk_^hchklZehkvK`ZlukujhklvhklZehkv K ijh\_j]eZkgufbK g_ijh\_j]eZkgufb\ha\jZsZlvky²\ha\jZlebfhgubae_kZ²e_kdZgbdmeumf_gvrZ_lky²f_gvr_fhjdh\gu_\a]eygmlv²\a]ey^dhle_lu^h`^eb\uc²^h`^vjy[bguk\_lysbcky²k\_lq_eh\_da_e_g_xsbc ² a_e_gv ² a_ aZype_gucq_eh\_dm\e_dZl_evgZy²m\e_qvkyagZf_gblucm^b\bl_evguc²^b\hmgb\_jkbl_laZf_qZl_evguc²aZf_lblv\ujZabl_evgZyij_ih^Z\Zl_ev²^Zlvg_ij_h^hebfh_ij_iylkl\b_Hk_ggyyjhaZHkuiZee_kk\hb\_jrbguKZ^h[gZ`bek\h_q_eh>hogme k_gly[jvb ]_hj]bgu>uoZgv_fghqbh[h`]ehGh\ ^mgh\_gbbfhjhaZF_`^mih]b[rbfbh^gZEbrvluh^gZpZjbpZ²jhaZ;eZ]hmoZggZb iurgZGZaeh`_klhdbf bkiulZgvyfB aeh[_]Zkgms_]h^gyLuhq_jlZgv_fb ^uoZgv_f<_kghx\__rvgZf_gy;_am^Zjgu_]eZkgu_dhjgyijh\_jy_fu_g_ijh\_jy_fu_ba^Ze_dZ[ZgZgu\[ebabZi_evkbgufbjblvkydZjlhn_evihdZaZlvkydZimklZjZa\_\Zlvky[bghdev^_j_\ygguci_jbeZjZa]Z^ZlvfZg^Zjbgu\h^ygbklucyaudh\hchlebqblvkyq_eh\_q_kdbcl_q_gb_ =h\hjbf_kl_kl\_ggh_^bfq_eh\_q_kdbcyaudy\ey_lky\jh`^_gguf K ^Z\gbo ihj klZe q_eh\_d keh\Zjv aZ^mfu\Zlvky gZ^l_fqlh`_ij_^klZ\ey_lij_^klZ\vkh[hcyauddZdhgmkljh_gq_fhlebqZ_lkyhlebqb__]hjh^ghcyaudhlyaudh\^jm]bogZjh^h\keh\Zjvq_fhlebqZ_lkyyaudex^_chlkb]gZevguokeh\Zjv djbdh\ a\_j_c a\_jvq_f hlebqZ_lky gZr jZa]h\hjguc]h\hjyaud hl ^jm]bo kj_^kl\ k\yab q_eh\_q_kdh]h keh\Zjvh[s_kl\ZLZd klZeZ jh`^Zlvky jh^uebg]\bklbdZ ©ebg]\Zª² yaud²gZmdZh aZdhgZokeh\ZjvyaudZg_fgh]hkeh\b_ij_^bkeh\b_Keh\Zjv ² keh\haehkeh\blvkeh\_kguckeh\Zjguc[_kkeh\_kguc AZoe_klgmeZ²aZoe_klu\Zlv]hem[dZ²]hem[mrdZ\_ldm²\_lhqdmk_lv ²k_lbih^ihea ²ih^ihea_lAZoe>bw@klgmeZ>M¶bw@]hg>bw@keZm\b^>bw@eZlhg>bw@l>M¶bw@fmme>bw@l_eZ Eh^dZ²eh^hqdZgbadhgbadbf²gbahdh[e_]q_gb_fe_]dbf²e_]hdkhegp_²khegurdhkd\hav²kd\habl[_k_^dZ²[_k_^hqdZdhehggZfbkeh\Zjv\^jm]keh\ZjvkqZkleb\mx²kqZklv_a\md²a\mdbH[e_]q_gb_f²e_]dbc\bk_eZ²\bkg_lba^Ze_dZhl^Ze_gguc²^Zev Z =emob_ b a\hgdb_ kh]eZkgu_ \dmkguc ieh^ ieh^u^_j_\ygguc iehl iehlu gZclb ]jb[ ]jb[u ]em[hdbc ijm^ijm^u lhgdbc ijml ijmlbd Fh]mqbc ^m[ ^m[u ljm^ ljm^ukljhbl_ey[M^\h_ggu_kh]eZkgu_ijbclb\ deZkkdZjbdZlmjZgZh^ghdeZkkgbdZ l_jjblhjby rdheu E_lgyy l_jjZkZ bgl_j_kgZy ijhn_kkby\ G_ijhbaghkbfu_ kh]eZkgu_ iha^gbc ² hiha^Zlv ijZa^gbqguc keh\Zjv g_q_klguc ² q_kl_g Ij_e_klgh_ ij_e_klv^blyfhbk\_jklgbdbkeh\Zjv Kh]eZkgucg_ijhbaghkblkyZ [md\Zibr_lkykljZklgh_`_eZgb_²kljZklvba\_klgucZjlbkl²ba\_klb_a^jZ\kl\mc²a^hjh\Zlvky]jhfdhk\bklgmlv²k\bklmqZklgbdn_klb\Zey²mqZklb_ Kh]eZkguc g_ ijhbaghkblky b khhl\_lkl\mxsZy [md\Z g_ibr_lky hl\_kgZy kdZeZ ² hl\_k hiZkguc kimkd ² hiZk_gqm^_kgZydgb]Z²qm^_k_g\dmkgucaZ\ljZd²\dmk_g >_^mrdZ?]hj²bkdmkgucj_aqbdih^_j_\m©Hgijhklhbkdmkgbdª²\hkobsZeZkvHev]ZjZ[hlhcihjlgh]hFgh]b_ j_[ylZ gZr_]h deZkkZ f_qlZxl h\eZ^_lv ih\Zjkdbfbkdmkkl\hfKl_gu ijhklhjgh]h oheeZ [ueb mdjZr_gu bkdmkkl\_ggufbp\_lZfb² kibrm k ^hkdb Kirm Ki_rm \ rdhem ki_rdZkibr_lH[«`ZlvH[b`ZlvfeZ^rboh[b^Z²h[_`Zlv\hdjm]^hfZ[_]<u`lv<u`Zlvihehl_gp_`Zlv²\u`blv\[hx`blvJhak;ukljhjhk jhkeb²[md_ljhajhauE_kaO\hcguce_k e_kZ²e_a gZdjurme_amJZa\\Zlvky Klj_fbl_evgh jZa\b\Zlvky jZa\blb_² jZa\_\ZlvkygZ\_ljm\__lJZaj^blvJZajy^blvjm`v_jZajy^dZ²jZaj_^blvfhjdh\vj_^dbc >j_fmqZy qZsZ qmldbc lh\Zjbs ghqgZy lbrv `b\bl_evgucjh^gbd`b\hibkgZyf_klghklv`bag_jZ^hklgucoZjZdl_j`bjgZysmdZqZjmxsb_a\mdbg_h[tylgZy rbjv b]jmr_qguc `bjZn sZ^blv khi_jgbdZ qm\kl\h\Zlv kljZo smieuciZjgbrdZ qZcguc k_j\ba hkljhmfgZy qZklmrdZ qZoeh_ jZkl_gb_smiZevpZhkvfbgh]ZrbdZjgucgZjy^khe^ZlkdZy rbg_evf_klguc `bl_ev qmfZauc fZeur ]b]Zglkdh_ qm^h\bs_ hqZjh\Zl_evgZy f_eh^by sZ\_e_\uc kmi \ujZs_gguc sZ\_ev h[udgh\_ggh_qm^hqm^_kgucijZa^gbd @_\Zlv `z\Zguc r_ilZlv rzihl `Ze_lv `Zehklvr_e_kl_lvr_e_kl`_klhdbc`_klygdZ`_klv Dhg_p²dhgqbdil_g_p²il_gqbdghqv²ghqgbdZjfZlmjZ²ZjfZlmjsbdk\Zjblv²k\ZjsbddZf_gv²dZf_gsbdgygy²gygqblvfhsv²fhsguckh[bjZlv²k[hjsbdkdekdekdebaaZlmqihkljhcdZ^Zqhkljucf_qi_jhqbggucgh`fgh]hmqbebsk_jZyfurvkihkh[gZyfheh^_`vq_jgZylmrvmlj_ggyylbrvdhehkbklZyjh`v G_k_rvky kdhevabrv \afu\Z_rv [jhkZ_rvky bkke_^m_rvbkiulu\Z_rvM\e_dZl_evgh ² m\e_qvky kdhevabrv ² kdhevadh gZijy`_gby²gZijyqvky^_jaZcl_²^_jahklvBf_gZkms_kl\bl_evgu_=eZ]heukdekdekde [_a kyl_ k kyl_fgh]haZ^Zq bam^bebsbaaZlmqk ie_qk djmqfyqjhkdhrv[jhrv^hqvjbkm_rvg_ieZqvkl_j_qvmfu\Z_rvkyieZqvl_kljbqvky Ba^Zevg_cdhfgZlu[uekeur_g]jhfdbcieZqkms©G_ieZqv]eZ]ih`ZemcklZKZrZª²mijZrb\ZeZfZfZ< dhgp_keh\jmkkdh]hyaudZqZklh\klj_qZxlkyrbiysb_GZijbf_jj_qvf_qhl^Zqih_rvdjZkm_rvkyIhke_rbiysbobgh]^Zibr_lkyVbgh]^Zg_ibr_lky < bf_gZo kms_kl\bl_evguo V ibr_lky lhevdh \ keh\Zo kdehg_gbyGZijbf_jkmrv]emrvj_qvjh`vihfhsv< kms_kl\bl_evguo b kdehg_gby V g_ ibr_lky GZijbf_j ieZsiexraZ^Zq[_adjZ` < ]eZ]heZo ihke_ rbiysbo V ibr_lky \k_]^Z \dexqZynhjfu k ky l_ GZijbf_j [_j_qv [_j_qvky gjZ\brvkykt_rvl_b^_rv>bdlZglJhkdhrvbamqbebsjbkm_rvih^t_a`Z_rvkljbqvkyieZsihfhsv k[hjgbd aZ^Zq \jZq djZkm_rvky kf__rvky mfgh`vl_kijyqvl_dexqkbygv_k\_qTVih^t_a^ivxh[ty\e_gb_\vx]Zh[t_^bgblvh[_avygZkt_`blvkykt_oZlvk_jv_agucebkvb ;mjvyg h[ty\blv kt_klv [Zjv_j jZat_^bgblv k\bgvb\hjh[vbebkvbhlt_a^h[tykgblv Ktz`brvky jZat_a^ ij_^ty\eylv ij_^tx[be_cgucRvxfmjZ\vb\vzrvjvyghiv_^_klZe H[t_dlb\ghklv h[t_^bg_gb_ jmqvb ih^tzf dhehkvy\vxgjZatyj_gguc\vx]Zih^t_a^ilbqvb K\_jofhsguc q_luj_owlZ`guc \k_h[t_fexsbc kwdhghfblv[_ah[eZqguc Ebkv_]h o\hklZ \heqv_]h Zii_lblZ aZyqv_c dZimkluf_^\_`v_c[_jeh]bkh[Zqv_cdhgmju[Zjkmqv_cghjudjhebqv_cde_ldbdhrZqv_cfbkdb JZat_a^ hlt_a`Zlv kt_a^ \t_a^ bat_a^blv h[t_a^blvih^t_a^JZat_^Zlv hlt_^Zlvky kt_^h[guc \t_^eb\hklv bat_^_gguch[t_^Zgb_ih^t_^ZlvHlty\eylvkybaty\eylvh[ty\eylvkyij_^ty\eylv Fhkd\Z ² iheblbq_kdbc bg^mkljbZevguc gZmqguc bdmevlmjguc p_glj gZr_c kljZgu Wlh \Z`g_crbc `_e_agh^hjh`guc \ha^mrguc \h^guc b Z\lhfh[bevguc ma_e k\yau\Zxsbc__g_h[tylgu_ijhklhju Hdj_klghklb Fhkd\u gZ j_^dhklv `b\hibkgu ;_kdjZcgb_^Zeb[uklju_\vxsb_ky ih ^hebgZf j_qdb ijb\_leb\u_ k\_leu_e_kZIh FBevbgm Dheurmlky`_el_xsb_gb\u>bkd khegpZahehlhcaZjhs_xbkq_aB ]Zkgmlm`aZjb\_q_jg_ci_j_eb\u;jhkZylbobck\_l gZ[e_^guck\h^ g_[_kG=j_dh\;_am^Zjgucijh\_jy_fuc]eZkguc\ dhjg_keh\Z`_el_xsb_ahehlhc\_q_jg_c[jhkZyg_[_kIjh\_jy_fuc]emohca\hgdbckh]eZkguc\ dhjg_keh\Z^bkdbkq_ak\_lk\h^G_ijhbaghkbfuckh]eZkguc\ dhjg_keh\ZkhegpZQ_j_^h\Zgb_]eZkguo\ dhjg_aZjb H[ty\e_gb_ rvxl rZfibgvhg Z^txlZgl ij_^tx[be_cgucfmjZ\vb Meu[Z_rvky kl_j_qv i_qv ieZqvl_ mfgh`vl_ ihfhsvjhkdhrv^hqv[jhrv J_qdZ j_qghc gygqblv `_gsbgZ [ZjZ[Zgsbd dZeZgqZghqghc^hqdZ @blh iZ`b e_`b fZeurb rbeh fZrbgZ qZcgbd qZklgucih^ZqZimsZijhsZcqZsZqm^gucqmedb qm`hc rmqmhlimsmsmiZevp_ijhsmKeblghJZa^_evghg_gZ\b^_lvg_a^hjh\blkyg_\heblvg_k^h[jh\Zlvg_^hex[eb\Z_lg_^hmf_\Z_lg_fh]g_ihr_eg_ohl_eg_ihqm\kl\h\Zeg_kdjbiblg_ohq_lg_ex[brvg_ij_ih^g_k_lg_ij_ke_^m_lg_h[t_^bgylvg_kt_a`Zlvg_ev_rvg_[ueg_`beg_^Ze Gbdlhg_g_\hebe__\ha\jZsZlvkyHgbg_\aex[bebwlhlimklujv k i_j\h]h \a]ey^Z G_k^h[jh\Zlv k_]h^gy gZr_fm dhlm<Zkvd_ <k_ g_^hmf_\Zeb ih ih\h^m kemqb\r_]hky < e_km fuj_rbebg_m^Zeylvky^jm]hl^jm]ZE_cl_gZglj_rbeg_ij_ke_^h\Zlv gZjmrbl_ey Z khh[sblv h g_f ih jZpbb gZ [eb`Zcrbcfbebp_ckdbc ihkl ?fm \h\k_ g_ ohl_ehkv h]hjqZlv jh^bl_e_ck\hbfih\_^_gb_fHgg_fh]m^_j`ZlvkyhljZkkijhkh\g_iZ^Zcl_^mohfg_ hl\_j]Zcl_ fh_]h ij_^eh`_gby g_ jZah[jZ\rbkv \ ^_e_ g_ihqm\kl\mx \bgu g_evay g_ hl[eZ]h^Zjblv aZ ihfhsv g_ kt_`b\Zckyhloheh^Zg_ihaZ\b^m_rvlhfmdlh\ [_^_g_\aex[blvk i_j\h]h\a]ey^Zg_[eZ]h^Zjbl_f_gyg_^hmf_\ZlvihdZ`^hfmih\h^mlh\Zjbsmg_a^hjh\behkv_fmg_k^h[jh\ZlvZihqm\kl\mx[hl[eZ]h^Zjblv\g_k^h[jh\Zlv B pZjbpZohohlZlvb ie_qZfbih`bfZlvb ih^fb]b\Zlv]eZaZfbb ijbs_edb\Zlvi_jklZfbb \_jl_lvkyih^[hqZkv]hj^h\ a_jdZevp_]ey^ykvDj_idhk\yaZgu_cehdlbihiZ^_lkya\_jx\ dh]lb DZd ly]Zlvky _c kh fghx" Y \ g_c ^mjvlh mkihdhx Dhjhe_\bq?ebk_cihfheykv mk_j^gh ;h]m hlijZ\ey_lky \ ^hjh]m ;v_lky e_[_^v kj_^v au[_c dhjrmg ghkblky gZ^ g_c DhjZ[_evsbdb ^b\ylky gZ dhjZ[ebd_ lheiylky gZ agZdhfhfhkljh\mqm^h \b^yl gZy\m Dgyav ij_^ g_x klZe [h`blvky qlhihjZ_fm`_gblvkyFhj_\a^m_lky[mjeb\haZdbiblih^uf_l\hcoeug_lgZ[_j_]imklhcjZkie_kg_lky\ kdhjhf[_]_b hqmlylkygZ[j_]_\ q_rm_dZd`Zj]hjyljb^pZlvljb[h]ZlujyBakdZahd:ImrdbgZ DjZkb\uc²ij_djZkgucfbeh\b^gucohjhr_gvdbcfbe_gvdbc ij_e_klguc h[\hjh`bl_evguc kbfiZlbqguc fbeuchqZjh\Zl_evgucijb]h`bcijb\e_dZl_evgucie_gbl_evguc Fbehk_j^b_²khkljZ^Zgb_qmldh_hlghr_gb_d dhfmeb[h =h\hjblv²kdZaZlvaZf_lblvhlha\Zlvkyhldebdgmlvkyih\lhjblvfhe\blv^h[Z\blv\hkdebdgmlv aZy\blv ^hihegblvhl\_lblv ijhbag_klb h[tykgblv \_sZlv \klZ\eylv fhehlvjZa]g_klbjZa]ie_klbjZa]baj_dZlv GZgZkkfhljblkbfiZlbqgh_fbeh_ebph^_\mrdb?_emdZ\ZyobljZymeu[dZkf_xsb_ky\_k_eu_]eZaZaZklZ\eyxlb gZkmeu[gmlvky b ihjZ^h\Zlvky __ kqZklvx @bag_jZ^hklgh_ [h^jh_gZkljh_gb_i_j_^Z_lkygZfbgZ\_jgh_ihwlhfmlZdijbylghhljZ^ghkfhlj_lvgZwlm^_\mrdmex[h\Zlvky__ h^_`^hcIeZlv_ ^_\mrdb ba ijhajZqgh]h ijhk\_qb\Zxs_]hky fZl_jbZeZ Hgh ih^q_jdb\Z_l g_`ghklv b fheh^hklv :jk_gv_\hc __baukdZgguclhgdbc\dmkHsms_gb_jZ^hklbijZa^gbdZhklZ_lkyhlwlhcdZjlbgu OjZgbebs_²wlhihf_s_gb_^eyojZg_gbydZf_gbkluc² kh^_j`Zsbc dZfgb `bebs_ ² wlh ihf_s_gb_ \ dhlhjhf`b\mlh[s_`blb_²wlhihf_s_gb_^eykh\f_klgh]hijh`b\Zgbyklm^_glh\bebjZ[hqboaZkl_deblv²\klZ\blvdm^Zgb[m^vkl_deZ jZihjlh\Zlv ² ij_^klZ\blv jZihjl ba\_klblv ² khh[sblvba\_klb_kdjbimqbc²ba^ZxsbckdjbiojZ[j_p²ojZ[jucq_eh\_dAgZq_gb_keh\ZH^ghdhj_ggu_Keh\hkbghgbfukeh\ZdjZldbcdjhldbcKeh\hmfZeylvmfheylvmfbeylvf_evqblvg_^he]bcdhjhldbckfbjgucihdhjgucAgZq_gb_keh\Zkbghgbfumf_gvrZlvmijZrb\Zlvljh]Zlv^jh[blvdjZldhklvkhdjZlblvdjhlhklvmdjhlblvH^ghdhj_ggh_ijh\_jhqgh_keh\hfZeucfheblfbeucf_edbc < kmf_jdZoihf_jdehf_jpZebKbghgbfuH^ghdhj_ggu_keh\ZfZe_gvdbcdjhohlgucg_[hevrhcfbgbZlxjgucfZeucmfZeylvfZeur =hjyqZy \h^Z ² oheh^gZy \h^Z ]jhfZ^guc ^hf ² fZe_gvdbc ^hf jZa]h\hjqb\uc q_eh\_d ² fheqZeb\uc q_eh\_ddZ`^h^g_\gucljm^²\ugm`^_ggh_[_a^_ev_]jhfdhju^Zlv²]jhfdhkf_ylvky Keh\hg_\hjh[_c\hjh[ur_d\ue_lbl²g_ihcfZ_rvDhgydhgbgZ\h``Zo\h``bg_m^_j`brvZ keh\ZkyaudZg_\hjhlbrvK_j^_qgh_k_j^p_keh\h^hk_j^pZ^hoh^blFZeh_keh\h[hevrmx[hevr_h[b^ml\hjblDjZkghdjZkgucihe_ir_ghfir_ggucZ j_qv²kemrZgv_fKeh]bFhjn_fuIjhe_lbrvijhe_lbrvijhe_l brv Kfuebi_j_l_jebhlfuebaZkl_debeb Ijb_oZlv\t_oZlvm_oZlvi_j__oZlvkt_oZlvM²m^ZeblvkymfqZlvkymieulvme_l_lvmkbeblvm\_ebqblvm[ukljblvm^ebgblvl_ev ² ebph ijhn_kkby kljhbl_ev \hkiblZl_ev jZ[hlh^Zl_evij_^f_l\uijyfbl_evijhy\bl_ev\udexqZl_ev©GZqZlv^_ckl\b_ª©AZdhgqblv^_ckl\b_ªaZiheuoZehhl]j_f_ebaZdjbqZeZhlk\_jdZebaZ\a^uoZeZhlk\bkl_ebaZdjm`beZkvhliZoZebhldhkbebhlfhehlbeb< lmg^j_< lZcfujkdhc lmg^j_ ]jb[u gbdh]^Z g_ [u\Zxl q_j\b\ufbq_j\vIjb_a`Zcl__oZlv\ lmg^jmaZ]jb[ZfbHgbihoh`bgZih^hkbgh\bdblhevdh]hjZa^hlhes_fykbkl__fykhb reyidZreyiZ m gbo hdjZr_gZdm^Z yjq_ q_f m x`guo : jZklml hgb\hae_kl_exsbokyiha_fe_qZoeuodmklbdh\[_j_au<ufh`_l_gZ[jZlv\ lmg^j_kdhevdhm]h^ghb f_edbok_juoih^[_j_ah\bdh\ b djmiguo lhevdh djmigu_ ih^[_j_ah\bdb gZau\ZxlgZ^[_j_ah\bdZfbihlhfmqlhhgbjZklml\ur_k_\_jguo[_j_ahdIhIKb]mgh\m Gb`_q_]hgb[m^vih^a_f_ev_ih^ehdhlgbdih^[hjh^hdih^^hgih^]eZagbdih^dhiih^r_jklhd<ur_ q_]hgb[m^v gZ^[jh\v_ gZ^\h^guc gZ^a_fguc gZ^kljhcdZgZ^kljhqgucgZ^dhe_gguc Kb^_lvgZklmevqbd_Keh\h gZ klmevqbd_ ² kms_kl\bl_evgh_ <u^_ey_f hdhgqZgb_ _ dhlhjh_ mdZau\Z_l gZ nhjfm kms_kl\bl_evgh]h kde_^qIiKms_kl\bl_evgh_ klmevqbd h[hagZqZ_l ©fZe_gvdbc klmeªAgZq_gb_©fZe_gvdbcªijb^Z_lkeh\mkmnnbdkqbd ^b\Zgqbd²©fZe_gvdbc^b\Zgªfhlhjqbd²©fZe_gvdbcfhlhjªH[hagZqZ_fkmnnbdkqbdDhj_gvklmegZoh^bf\ jh^kl\_gguokeh\Zoklmeklmeh\hcklmevqZdH[hagZqZ_fdhj_gvklmeBlZd\ keh\_ljbfhjn_fugZklmevqbd _ Moh^ylba^hfZKeh\h moh^yl ² ]eZ]he <u^_ey_f hdhgqZgb_ yl dhlhjh_mdZau\Z_lgZnhjfm]eZ]heZ]hebpZfgq=eZ]he moh^yl h[hagZqZ_l ©b^y m^Zeyxlkyª AgZq_gb_ ©m^Zeyxlkyªijb^Z_lkeh\m ijbklZ\dZ m me_l_lv ² ©e_ly m^Zeblvkyªmieulv²©ieu\ym^ZeblvkyªH[hagZqZ_fijbklZ\dmmDhj_gv oh^ gZoh^bf \ jh^kl\_gguo keh\Zo oh^v[Z i_j_oh^blv\uoh^H[hagZqZ_fdhj_gvoh^BlZd\ keh\_ljbfhjn_fumoh^ yl Ex[h\Zlvkydhl_gdhfKeh\hdhl_gdhf ²kms_kl\bl_evgh_<u^_ey_fhdhgqZgb_hfdhlhjh_mdZau\Z_lgZnhjfmkms_kl\bl_evgh]hkde_^qLiKms_kl\bl_evgh_ dhl_ghd h[hagZqZ_l ©^_l_gur dhrdbªAgZq_gb_ ©^_l_gurª ijb^Z_l keh\m kmnnbdk _ghd ebk_ghd ²©^_l_gurebkuª\hjhg_ghd²©^_l_gur\hjhguªH[hagZqZ_fkmnnbdk_gdh ²[_]euc]eZkgucDhj_gv ±dhl gZoh^bf\ jh^kl\_gguokeh\ZodhldhlylZdhlbdH[hagZqZ_fdhj_gv±dhlBlZd\ keh\_ljbfhjn_fudhl_gd hf >hkfhljylnbevfKeh\h^hkfhljyl ²]eZ]he<u^_ey_fhdhgqZgb_yldhlhjh_mdZau\Z_lgZnhjfm]eZ]heZ]hebpZfgq=eZ]he ^hkfhljyl h[hagZqZ_l ©ihkfhljyl ^h dhgpZª AgZq_gb_ ©^h dhgpZª ijb^Z_l keh\m ijbklZ\dZ ^h ^h^_eZlv ² ©k^_eZlv^hdhgpZª^hqblZlv²©ijhqblZlv^hdhgpZªH[hagZqZ_fijbklZ\dm^hDhj_gv kfhlj gZoh^bf \ jh^kl\_gguo keh\Zo hkfhlj_lvkfhljijbkfhlj_lvH[hagZqZ_fdhj_gvkfhljBlZd\ keh\_ljbfhjn_fu^hkfhlj yl B^_ZevgZyqbklhlZqbkluc²qZklhlZqZklucdhe_[Zgbc aZi_\Zxl i_lv ohjhf ² aZib\Zxl iblv e_dZjkl\h ijbf_jy_rvf_jblvdhklxf²ijbfbjy_rvfbjkhi_jgbdh\ >Zev²\b^g__lky\^Zebijb_oZlvba^Ze_dZfheqZm^Zeblvky>he²^hebgZjharbjhdh_jZa^hev_Ih]hjZfih^heZf^heoh^blrm[Z^ZdZnlZg GZ^ j_dhc ih\bkeh djZr_gh_ dhjhfukeh JZ^m]Z DjZkgZy^_\bpZkb^bl\ l_fgbp_Z dhkZgZmebp_Fhjdh\v Kms_kl\bl_evgh_kde qZk gme_\h_ hdhgqZgb_ mdZau\Z_l gZ kde bf beb<i_^qijboh^be gme_\h_hdhgqZgb_mdZau\Z_lgZijhr\j_^qfjlmq gme_\h_hdhgqZgb_mdZau\Z_lgZkdefgqJifurv gme_\h_hdhgqZgb_mdZau\Z_lgZkdebfbeb<i_^qBfyBfy=eZ]hekms_kl\bl_evgh_ijbeZ]Zl_evgh_dlh"dZdhc"dZdZy"qlh^_eZlv"qlh"dZdh_"qlhk^_eZlv"fZ]Zabgkihjlb\guc[_`ZlvBfykms_kl\bl_evgh_dlh"qlh"kheh\_cdZe_g^Zjva_feygbdZdZimklZ]Za_lZdhkl_jdhl_ghdBfyijbeZ]Zl_evgh_dZdhc"dZdZy"dZdh_"a\hgdh]hehkucdjZkb\uc^mrbklucp\_lghc\_k_euc=eZ]heqlh^_eZlv"qlhk^_eZlv"kfhlj_lvijhqblZlvih^hclbklhylv;_]mldZd"[ukljhkfhljbldZd"\_k_ehklhylv]^_"\i_j_^b\dk ²ij_^eh]b FqZeky dZd" klj_fbl_evgh ihkfhlj_e dm^Z" \i_j_^gZibr_fdh]^Z"\_q_jhfkf_yekydZd"]jhfdhm_oZedm^Z"dm^Zlh keurblky ]^_" kijZ\Z ijbe_l_e hldm^Z" ba^Ze_dZoehigme aZq_f" gZaeh gZqg_lky dh]^Z" \_kghc ih\lhjblvkdhevdhjZa"ljb`^ul_ieucdZd"ih\_k_gg_fm ;m^m kem`blv dZd" keZ\gh dZd" mk_j^gh dZd" bkijZ\gh klZeh dZd" g_\fhqv bkihegbe dZd" lhqv\lhqv bkijZ\ghgZkdhevdh"hq_gv >\b]ZekydZd"[ukljhf_^e_ggh_e__e_g_lhjhieb\hHklZgh\beky]^_"\^ZebkaZ^ba^_kvg_\^Ze_d_Kfhljbldm^Z"\^Zev\\_jolm^ZgZijZ\hIjbe_lbldh]^Z"\_kghcaZ\ljZ\_q_jhfk_cqZkjZghKf_yekydZd"]jhfdha\hgdhaZeb\bklh=h\hjblv dZd" r_ihlhf ihZg]ebckdb ijZ\bevgh ]jZfhlghbgl_j_kghK^_eZeZaZq_f"gZaehgZjhqghki_pbZevghgZkf_oJZ[hlZekdhevdh"fgh]hfZehqmlvqmlvg_fgh]hdlh"dZdhc"qlh^_eZlv"dZd"dm^Z"qlh"dZdZy"b l^ qlhk^_eZlv" hldm^Z"dh]^Z"bfykms_kl bfyijbeZ]Z]eZ]hegZj_qb_\bl_evgh_l_evgh_iZjmkkbj_g_\ucmqblvky[ukljhdlh"qlh"bfykms_kl\bl_evgh_kqZklv_]hjh^hdghdhfivxl_j[_]hlgy[hjv[ZrbjbgZdZdhc"dZdZy"b l^bfyijbeZ]Zl_evgh_^h[juck_jv_aguc[e_klysbckbevguc\bkyqbciheamqbcqlh^_eZlv"dZd"dm^Z"qlhk^_eZlv" hldm^Z"dh]^Z"]eZ]hegZj_qb_meu[gmlvkym\y^Zlvk\bkl_lvjZ[hlZlvbaysghf]gh\_gghgZijZ\h\\_jo\i_j_^ba^Ze_dZ Bfy kms_kl\bl_evgh_ ² wlh qZklv j_qb dhlhjZy bf__lagZq_gb_ij_^f_lZb hl\_qZ_lgZ\hijhkudlh"qlh"Bfy ijbeZ]Zl_evgh_ ² wlh qZklv j_qb dhlhjZy bf__l agZq_gb_ ijbagZdZ ij_^f_lZ b hl\_qZ_l gZ \hijhku dZdhc" dZdZy"dZdh_"dZdb_"=eZ]he ²wlhqZklvj_qbdhlhjZybf__lagZq_gb_^_ckl\bybhl\_qZ_lgZ\hijhkuqlh^_eZlv"qlhk^_eZlv"GZj_qb_ ²wlhqZklvj_qbdhlhjZybf__lagZq_gb_ijbagZdZ^_ckl\byb hl\_qZ_lgZ\hijhku]^_"dm^Z"dZd"dh]^Z"aZq_f"b ^jQZklv j_qb ² wlh lZdZy ]jmiiZ keh\ dhlhjZy bf__l h[s__]jZffZlbq_kdh_agZq_gb_Kms_kl\bl_evgu_ YrdZ jm[ZrdZ ^b\h ^hfhf ^hjh`dbihee_i_rdbieh^kl_g_hdg_kl_dehIjbeZ]Zl_evgu_[_eZygh\hcdjm]ehf=eZ]heu ijbr_e ijh[_]Z_l mklbeZ_l r_e \b^_e ih\bkehp\_l_l^Z_lm\y^Z_lmfbjZ_lGZj_qbydh\jhffbfh\_kghce_lhfhk_gvxabfhc ^g_faZghqv R_klv q_eh\_d h^bggZ^pZlv y[ehd iylgZ^pZlv mq_gbdh\ ^\Z^pZlv iylv dbehf_ljh\ r_klv^_kyl k_fv e_l ^_\yghklhkZglbf_ljh\ ljbklZ k_fv^_kyl iylv kljZgbp lukyqZ ajbl_e_cfbeebhg[he_evsbdh\AZyp\ e_k[_`Zeihem]mY bae_kmr_e^hfhc;_^gucaZypk i_j_im]mLZdb k_ei_j_^hfghcLZdb h[f_j[_klhedh\ucGhdhg_qgh\ lhl `_fb]IhkdZdZe\ e_khdkhkgh\ucKeurZfhc \_k_eucdjbdB _s_gZ\_jgh^he]hK \_qghc^jh`vx\ lbrbg_>mfZe]^_gb[m^vih^_edhcH k_[_ b h[hfg_>mfZe]hj_klgh\a^uoZyQlh ^jma_clhm g_]hIhke_^_^mrdbFZaZyG_hklZehkvgbdh]hGJm[ph\K i_j_im]m]^_gb[m^v²gZj_qby ;jxohdjZkgh_i_kqZgh]hf_edh\h^vyaZ[hleb\uchl_piehlgucdhfihegucrZjKx^Z ijbieu\ml a^_kv \u\_^ml kgZqZeZ jh_l fZehihfZemh[jZam_lky Ij_djZkgucnbevfij_djZkgZydgb]Zij_djZkgh_ebphB ij_djZkgZydgb]ZJ ij_djZkghcdgb]b> ij_djZkghcdgb]_< ij_djZkgmxdgb]mL ij_djZkghcdgb]hcI h ij_djZkghc dgb]_Kdehg_gb____oh^v[Z]em[bgZkf_jqieZqfheh^_`v`Zehklv_[_]hlgyijh[_`dZq_jghlZiyl_jdZ[_ebagZqbklhlZih^jm`dZ_\_k_ev_[Zeh\kl\hlZeZglfm^jhklvaZ\bklv_[eZ]hjh^kl\h\_ebdh^mrb_^jm]\_`eb\hklvq_klghklvykghklvkljhx]meyxkljhbrv]mey_rvkljhbl]mey_lkljhbf]mey_fkljhbl_]mey_l_kljhyl]meyxl Qlh^_eZlv"²kfhlj_lvmeu[Zlvky ijhbaghkblv de_blv Qlh k^_eZlv" ² j_rblv hlijZ\blv meu[gmlvky ijh\_jblv_^qfgqeee EZa_j² bfykmsfm`j_^qBiZ^< dhfgZl_²bfykms`_gj_^qIiHdheh]hjh^Z²bfykmsfm`j_^qJi Kljhbl²gZkl\j_^q_ e>mfZ_rv²gZkl\j_^q_ eIhkljhbe²ijhr\j_^qfj @_elZyebkl\Z²bfyijbeZ] _^q`_gjBiZ^DjZkb\hfmq_eh\_dm²bfyijbeZ]_^qfm`j>i<_k_euo^_\hq_d²bfyijbeZ]fgqJbeb<i <_jgmekyba^_j_\gbJi[uegZijh]med_IijZ[hlZ_lgZn_jf_Ii`b\_l\ ]hjh^_IikjZ`Zlvky\ \ha^mo_Ii [_`bl ih himrd_ >i r_e ih mebp_ >i ^hfbd gZ\afhjv_IigZdehgbekyd g_fm>i[jhkbekyd g_fm>iijb[Z\blvd iylb>ihlgylvhlr_klbJi QlhijZ\bevgh"=j_qdZ\ i_qd_=j_qdZ\ \Ze_gd_<Ze_gdbgZaZ\Zebgd_"I_qdZ gZaZ\Zebgd_"<Ze_gdb\ i_qd_<Ze_gdb\ ]j_qd_GZaZ\Zebgd_]j_qdZ"AZ\ZebgdZ\ i_qd_" KZih]bfhb²kdjbi^Zkdjbiih^[_j_ahxkZih]bfhb²kdjbi^Zkdjbiih^hkbghxB ih^dZ`^hc[_j_ahc²]jb[ih^[_j_ah\bdb ih^dZ`^hchkbghc²]jb[ih^hkbgh\bdG Jm[ph\Khegp_kijylZehkvaZ[hjQvb]eZaZk\_jdZxl"DhlaZ[jZekygZaZ[hj²I_j_^kghf]mey_lLbeb[hflbeb[hfAZ]hj_ekydhrdbg^hfIhdZdhfmih\h^mDhlihfqZekyih\h^m"YDhaeh\kdbc JZ[hlZxl gZ aZ\h^_ ijb\_alb ijb\_a ba fZ]ZabgZijb_oZlv k MdjZbgu ijb_^_f k MjZeZ \u]eygme \a]ey^ baaZm]eZ e_dZjkl\h hl ]heh\ghc ]heh\u ]heh\mrdZ [heb mdZaZlvgZg_^hklZldb]h\hjblv]h\hjh ^_e_ AZieZlblv aZ [be_l ij_^hkl_j_qv hl hiZkghklb hlau\ hdgb]_ hlqblu\Zlvky h jZ[hl_ e_dZjkl\h ^ey k_j^pZ h[tykgblvaZ^Zqb ;_edZ i_k_gdb ih_l b hj_rdb \k_ ]jua_l Dlhlhl_j_f ijb[bjZe ^Z ohay_\ ih^`b^Ze <_l_j ihfhjx ]mey_lb dhjZ[ebdih^]hgy_lI_j_^gbffhe\Z[_`ZeZ[uev b g_[uev jZa]eZrZeZ ;_ehqdZ ijb \k_o ahehlhc ]jua_l hj_obamfjm^_p\ugbfZ_lZ kdhjemidbkh[bjZ_l: ldZqboZk ;Z[Zjbohc ^Z k djb\hx ih\Zjbohc hdheh pZjy kb^yl IjZ\^m[Zxl beb e]ml^b\Zy g_\b`mlml:Imrdbg < jZ^hklb agZc f_jm \ [_^_ \_ju g_ l_jyc ]eZ] G_[m^v]eZ]mijyfZ [m^vijyfIehohc^jm]dZdl_gv\kheg_qguc ^_gv [_]b ² g_ m[_`brv ]eZ] \ iZkfmjguc ^_gvbsb²g_kus_rv]eZ]Aehcq_eh\_db kZfh]hk_[yg_gZ\b^bl[_aG?g_mihlj =hem[mrdZ dZd ohjhrZ Gm qlh aZ r_cdZ qlh aZ]eZadb B Djueh\ KdZ`bdZ ^y^y \_^v g_^Zjhf Fhkd\Z kiZe_ggZy ih`Zjhf njZgpmam hl^ZgZ" F E_jfhglh\ IjZ\^m fhe\blv fheh^bpZ m` b \ijyfv [ueZ pZjbpZ: Imrdbg <hl pZjbpZ gZjy`Zykv i_j_^ a_jdZevp_f k\hbf i_j_fhe\beZky k gbf : Imrdbg DZd pZjbpZ hliju]g_l ^Z dZd jmqdm aZfZog_l ^Z ih a_jdZevpm dZd oehig_l: ImrdbgG_m`_eblu_fm\_jbrv"kms]eZ]Mljh lbohAhehlblky \ emqZoe_lg_]hkhegpZ]eZ^v j_dbJu[Zdb ijbkljhbebkv gZ[_j_]m`^ml meh\Z Kh\j_f_ggZy fmaudZ hk_ggbc e_k djhdh^beh\u ke_audmklukbj_gbkh[jZlv]_j[Zjbc K_j_[jygZy p_ihqdZk_j_[jbkluc k\_l klZjuc q_eh\_dklZjbggZy mkZ^v[Z [e_kl_lv gZ khegp_ kbylv hl kqZklvy k\_lblvkyhljZ^hklbagZqbfuc>l¶@_jfbg\dexqblrh>n¶h@j K>\¶h@deZwx>g@h>k¶l¶@>s¶b @\_evkeh\hkhq_lZgb_kbglZdkbkih\lhjb>r@img>d@lmZ>pu@y>r@lhd q_fm">iijbklZgb \ qzf" Ijb[eb`Z_rvkydd q_fm"Ii>iih\hjZqb\Zlvkyd^hfmmqZkl\m_rv\`xjbq_f"gZ^d_f"LiLir_nkl\m_rvgZ^fZeurZfbihjZ`ZlvkydjZkhlhcq_f"LidZdZy"Bim\e_dZ_rvkykihjlhfemggZyghqv h qzf"Ii]^_"jZa]h\hjh dgb]_ \b^g__lky\i_j_^bdhfm" Ihfh]Zlv^jm]²ihfh]Zlv^jm]m>h qzf"ihijhkblvihfhsv²ihijhkblvh ihfhsbI\ qzf"mqZkl\h\Zlvihoh^²mqZkl\h\Zlv\ ihoh^_Iq_f"\hkobsZlvkyih^\b]²\hkobsZlvkyih^\b]hfLk d_f"ihagZdhfblvkykhk_^ ²ihagZdhfblvkykkhk_^hfLqlh"^hibkZlvibkvfh²^hibkZlvibkvfh<qlh"ihdjZkblvkl_gZ²ihdjZkblvkl_gm<dZd"hlau\Zlvkyiho\ZeZ² hlau\Zlvkyk iho\ZehcLdZd"qblZlv]jhfdh²]jhfdhgZj_qb_qblZlvd q_fm"k d_f" =h\hjblvk ^jm]hfklj_fblvkyd ih[_^_k q_f"q_]h"h[jZsZlvkyk ijhkv[hc`_eZlva^hjh\vyh qzf"kijZ\eylvkykijZ\blvkyh[mki_oZoqlh"\hqlh"hl^Z\Zlv^Zlvdgb]mh[t_^bgylvky_^bguc\ ]jmiiudm^Z"hlhclb\e_\hdZd" QblZlv]jhfdh²qblZlv]jhfdhdZd"lj_gbjh\Zlvkyihklhyggh²ihklhygghlj_gbjh\ZlvkydZd"jZkkfZljb\Zlv \gbfZl_evgh ² \gbfZl_evgh jZkkfZljb\Zlv =jZffZlbq_kdb_kj_^kl\Zk\yab\ keh\hkhq_lZgbbK ihfhsvxK ihfhsvxhdhgLhevdhhdhgqZgbyqZgbyb ij_^eh]Zihkfukemdm^Z"dZdh_"jZ^hklgh_gZkljh_gb_kimklblvky\ ^hebgmq_f"dZd"h qzf"\hkobsZlvkyijbjh^hc]h\hjblvhq_klghklb ZddmjZlghgZibkZlvdm^Z"dZdh_"m^b\bl_evgh_iml_r_kl\b_ mklj_fblvkyd [_j_]mdh]h"ih`Ze_lvfZfmJZ^hklgh_²jZ^hklvm^b\bl_evgh_²^b\hq_klghklv²q_kl_gooo@_elmxebkl\mihofmjhfmg_[mkbg_]hieZldZgZ^Zevg_coooklZgpbb aZ [_j_ah\hc jhs_c aZ ebeh\uf lmfZghf k\h[h^gufooooihe_lhfk\_`bfoe_[hfaZ[eb`gbfe_khf^h[jh]hkh\_lZ >jm`bgZ k ^jm`bghc ojZ[jZy ^jm`bgZ ^jm`bgZ ih[_`^Z_lQblZe qblZe b kemrZe qblZe[jhrxjm qblZe \gbfZl_evghhq_gv\gbfZl_evghmq_gbdqblZe Mki_o ² rmfguc mki_o =Za_lu khh[sbeb h rmfghfmki_o_gh\h]hki_dlZdeyijh\bgpbZevgh]hl_ZljZQm\kl\h ² r_klh_ qm\kl\h M g_]h [ueh ohjhrh jZa\blhr_klh_qm\kl\hAgZgb_ ² ohjhrb_ agZgby GZ wdaZf_g_ mq_gbd ihdZaZe ohjhrb_agZgbyYjdbc²yjdbcp\_lHebgZx[dZhq_gvyjdh]hp\_lZMoh^bl²moh^blgZjZ[hlmIZiZmoh^blgZjZ[hlmhq_gvjZgh Rmf_eZ iheghqgZy\vx]Z \ e_kghcb ]emohcklhjhg_oooIheghqgZy\vx]Zrmf_eZ\ klhjhg_\ e_kghcklhjhg_\ ]emohcoklhjhg_< ihemfjZd_ijhajZqguc\v_lky h]hg_dooIjhajZqguch]hg_d\v_lky\ ihemfjZd_K]hju[_`bl ihlhd ijh\hjgucoo;_`blk ]hjuijh\hjgucihlhdYjdbck\_lkbye \ ^hebg_ooYjdbck\_lkbye\ ^hebg_AZklZe gZkeb\_gv ^Ze_dhhl^hfZooAZklZegZkaZklZe^Ze_dhhl^hfZ< l_fghfg_[_\kiuogmeZ b ijhdZlbeZkv a\_a^Zoo< l_fghfg_[_\kiuogmeZ\ g_[_V\vx]Z\v_lkyTh[tykg_gb_h[t_a^kmsokmso K_jv_agh_ m\e_q_gb_ bf_g kihjlb\gu_ khklyaZgby]eZ]okmsobf_gm^Zeblvkyhle_kZ]eZ]ijb[eb`_gb_rmfZbf_gijb]eZ]o]eZ]o]eZ]o]eZkblv ]hkl_c ]eZ] bamqZ_rv ]jZffZlbdm ]eZ] jZkkijhkblvkmso]eZ]olh\ZjbsZ ]eZ] hkljhmfgh_ \ujZ`_gb_ bf_g hl^Z\Zlv dgb]mkmso]eZ]o]eZ]\klj_qZk ijbyl_e_fbf_g^h]h\hjbekyk gbf]eZ]M\e_q_gb_ ² m\e_qvky m^Zeblvky ² ^Zevgbc ijb[eb`_gb_²[ebadbchl^Z\Zlv²hl^Zlv<b^ukeh\hkhq_lZgbcBf_ggu_oojZatyj_ggh]ha\_jyijbqkmsookljZklgh_`_eZgb_ijbekmsoomqZklgbd\hcgukmskmsoohdj_klghklbFhkd\ukmskmsoo\yadZyljykbgZijbekmsooqm^_kZijbjh^ukmskmso=eZ]hevgu_h[t_^bgblvmkbebyo]eZ]kmsokdhevablvihev^mo]eZ]kmsk ijo]jhfdhk\bklgmlvogZj_q]eZ] Bf_ggu_ keh\hkhq_lZgby I_j_f_gm ih]h^u kms kmsi_j_e_lguokljZggbdh\ijbeZ]kms[_a[j_`gh]hfhjy ijbeZ] kms \g_aZiguc mjZ]Zg ijbeZ] kms \ ^Zevg_fihe_l_ijbeZ]kms=eZ]hevgu_ keh\hkhq_lZgby aZ^he]h ij_^m]Z^u\Zxl gZj_q ]eZ] \^jm] aZklb]g_l gZj_q ]eZ] mlhfbebkv \ ihe_l_]eZ]kms\klj_lylkm^gh]eZ]kmskimkdZxlkygZiZem[m]eZ]kms IhdZaZeky ² ihdZ`_lky ihlygmeky ² ihlyg_lky ljyogme²\kljyob\Z_l H[eZdZg_ih^\b`gu_imoh\u_ijbqm^eb\u_k_^u_LmqZk\bgph\ZyfjZqgZy]jhagZy<_l_jj_adbcihju\bkluc\_k_eucIhmljZfKZr_gvdZex[beZkfhlj_lvgZijbqm^eb\u_h[eZdZdhlhju_f_^e_gghijhieu\ZebgZ^__ ^Zqguf^hfbdhfFjZqgZy lmqZ ijb[eb`ZeZkv \k_ [eb`_ baj_^dZ hk\_sZykv\kiurdZfbfhegbcIh^mej_adbcihju\bkluc\_l_jih^gbfZyk a_febijhreh]h^gxxebkl\m QZoeZy jy[bgZ [heleb\u_ \h^u k_^hc lmfZg \ ykghc\urbg_ e_gb\hc q_j_^hc \_k_eh]h khegpZ fjZqgmx i_kgxqm^gucf_kyp <Zj_gv_ba\brgb²\brg_\h_\Zj_gv_dhgn_lZbarhdheZ^Z ² rhdheZ^gZy dhgn_lZ [_j_] fhjy ² fhjkdhc [_j_]a_feygbdZ ba e_kZ ² e_kgZy a_feygbdZ dhkugdZ ba r_edZ ²r_edh\ZydhkugdZFZe_gvdbcju[Zpdbc^hfbdklhyegZkZfhf[_j_]mfhjyD qZxih^Zeb\brg_\h_\Zj_gv_rhdheZ^gu_dhgn_lub y[ehqgucibjh] P\_l kZeZlZ² kZeZlh\uc p\_l p\_l g_aZ[m^db ² g_aZ[m^dh\uc p\_l p\_l fZebgu ² fZebgh\uc p\_l p\_l i_kdZ ²i_khqgucp\_lp\_l[bjxau²[bjxah\ucp\_lp\_l[jmkgbdb²[jmkgbqgucp\_lp\_lkbj_gb²kbj_g_\ucp\_lp\_lnbZedb²nbZedh\ucnbhe_lh\ucp\_l;Z[mrdZk\yaZeZk_[_fZebgh\uc[_j_l<Zkbebc\u[jZe k_[_dhklxf[jmkgbqgh]h p\_lZ Z ;hjbk ²kbj_g_\h]hooo < h]jhfghfaZeb\_ijbekmsmkljhbebaZih\_^gbdoooo]eZ] kms mkljhbeb \ aZeb\_ ]eZ] kms aZih\_^gbd ^eyoilbpkmskmsoooH[hkgh\Zebkv k_cqZk ]eZ] gZj_q h[hkgh\Zebkv \ g_fooo]eZ]f_kli_jgZlu_]hklbijbekmsooo Ijbekms a_e_guc]hjh^gZrbjhdbomebpZo\ukhooodb_lhiheyl_gbklu_dZrlZguyjdb_p\_lgbdbooo=eZ] kms \ dhk\iZ^ jhkeb gZ mebpZo jZkdbgmebkv gZooiehsZ^yoiZ^ZebgZie_qb]jhfha^bebkvgZ]hj_DZrlZgu²l_fghdZrlZgh\ucdZrlZgh\ucNhglZgu²nhglZggucnhglZgbjh\ZlvLhihey²lhihebguclhihe_\uclhihe_\b^gucK\_jdZxsb_²k\_jdZlvk\_jdZgb_=jhfha^bebkv²]jhfha^dbcgZ]jhfh`^_gb_aZ]jhfha^blv DlhagZ_lj_qdmBimlv"Qm^_kgZyj_qdZ: qlhaZ[_j_]ZIeZdmqb_b\ujZa\_kbebgZ^j_dhck\hb\_l\bGZdjmlhf[_j_]mBimlb klhbl k_eh < _]h hdj_klghklyo af_cdZfb \vxlky r_klvj_q_dOhjhrb_j_qdbGhemqr_\k_oBimlvQm^_kgZy²qm^_kZhdj_klghklyo²hdj_kl<vxlky[v_lky\vx]Z =eZ] gZj_q \_k_eh ijh[bjZlvky lboh [vxl djbqZldjm]hf\ukhdhe_i_qml=eZ]kms\ dhk\iZ^ ijh[bjZlvkyih^hjh`d_>[vxlihebpm>p_ieyxlkyaZgh]b<Hk_ggyykdZadZ<a]eygb\a]ey^\ hdghH^bghdbcebkldjm`blky qlh ^_eZ_l"gZ\_ld_Dh]^Zlh hg [ue a_e_guc B lh]^Z hg kb^_e kb^y gZ \_ld_Jy^hfk jmfyghc<br_gdhcHgex[be__ \k_fk_j^p_fk_j^_qguc<_l_jqZklha\Ze_]hih[jh^blv[jh^blihk\_lmGhEbklbdg_kh]eZrZekykh]eZkb_<_^vjy^hfk gbf[ueZkZfZyij_djZkgZy<br_gdZ: ihlhf kqZklv_ _]h h[hj\Zehkv h[hj\Zlvky ² <br_gdZ\^jm]ijhiZeZKlhyeZ g_gZklgZy g_gZklv_ hk_ggyy ihjZ <k_ ebklvy k ^_j_\v_\ m`_ h[e_l_eb ihe_l Lhevdh h^bg ih`_el_\rbc `_eluchl]hjyEbklbdhklZ\ZekyhklZekygZk\h_c\_ld_ooo Kihci_kgx[_j_]bl_A_fexihah\bk_klj_gdm G_qZ\dZcg_ijbqfhdb\Zcg_^mcg_klhgbg_ba^Z\Zcg_ kf_lv g_ hldmku\Zc g_ jZa]h\Zjb\Zc g_ ijboe_[u\Zc g_klmqb>klZjZM¶k¶ZM¶wF¶l¶[¶baa\mq¶gZ@ G_ djbqb lZd `Zeh[gh dmdmrdZ Ih[m^ <^hevihmebp_ihmadhcqbklucfqblky\_l_jhdIh\_kl\A\_gba\_gb e_]hg_qdh fhc dhehdhe lj_a\hgv Ih[m^ RZ]ZcrZ]Zc lbohg_qdh fhc ^h[juc klZjuc dhgv Ih[m^ E_lyl`mjZ\eb\ukhdhih^dmihehfk\_leuog_[_kIh\_kl\JZa\_ \ wlhf dlhlh \bgh\Zl qlh k ^_j_\v_\ ebklvy me_l_eb"<hijDm^Zhl[mjbhlg_ih]h^uk_[yy kijyqm"<hij<b^uij_^eh`_gbcihp_eb\ukdZau\ZgbyIj_^eh`_gbyihp_eb\ukdZau\ZgbyIh\_kl\h\Zl_evgu_<hijhkbl_evgu_Ih[m^bl_evgu_Ijbf_juGZdhg_pgZklmibebdZgbdmeuDZdbodZfg_cg_l\ fhj_"GZibrbl_khqbg_gb_d ihg_^_evgbdm H[b`Zlv²h[b^Zh[b^_lvh[b`_gguc Ohjhrh \ e_km jZgg_c \_kghc Ih\_kl\ \hkdebp <ihe^_gv b^_rv ih ljhibgd_ ljhidZ f_`^m aZa_e_g_\rbo a_e_gv^_j_\v_\Ih\_kl\g_\hkdeGhqlhwlh"<hijg_\hkdeE_kh]eZrZ_lkyilbqvbf]hfhghfIh\_kl\g_\hkdeWlhi_jgZlu_i_jvyki_rZlki_rdZmkljhblvihgZ^_`g__k\hb`bebsZ`blvIh\_kl\g_\hkde;_j_]bl_[_j_qvilbpIh[m^ \hkdebpG_ jZahjycl_ jZahje_kZb ]g_a^ZIh[m^\hkdebpI_jgZluc²ihdjuluci_jvyfb GZklZjhcebi_hklZebkv_s_jZaghp\_lgu_ebklvy²GZklZjhcebi_hklZebkv_s_jZaghp\_lgu_ebklvy²GZklZjhcebi__s_hklZebkvjZaghp\_lgu_ebklvy"Kd\havh[eZdZkhegp_ijh[b\Z_lk_[_imlv²Kd\havh[eZdZkhegp_ijh[b\Z_lk_[_imlv ² Kd\hav h[eZdZ khegp_ ijh[b\Z_l k_[_ imlv" Ghqvx[uehihoheh^Zgb_²Ghqvx[uehihoheh^Zgb_²Ghqvx[uehihoheh^Zgb_"Mljhl_ieh_²Mljhl_ieh_²Mljhl_ieh_" YglZj_f²yglZjguca\_gyl²a\_gysbcd\Zjlbju²d\ZjlbjgucHk_gv²hk_ggbch]eygbkv²\a]ey^\hdjm]²djm]hfijhlygme²lyg_lk\hx²k\hcaZf_qZe²aZf_lblv^m[²^m[hd^_j_\v_\ ² ^_j_\h ih^^Z_lky ² ih^^Zlvky ^Z\gh ² ^Z\gbcihdjZkg_eb²djZkgucahehlufb²ahehlhihahehq_gguca_e_g²a_e_guc JZaghp\_lgucohjh\h^]eZ]kms]eZ]kms]eZ]GZklmibeZ iha^gyyhk_gvKlhbl g_gZklgZyih]h^Z<q_jZih^mekms]eZ]kmsj_adbc\_l_jDjm`Zlky \ \ha^mo_jZaghp\_lgu_hk_ggb_ebklvyf_kl kms]eZ]kmsY ex[ex ebklhiZ^ GZ ^hjh`d_ e_`Zl djZkgu_ ebklvy hkbg]eZ]kmsqbke kms]eZ]dbrmjrZl ih^gh]Zfb[mju_ebklvy hevob>\ZebklbdZ ijbebieb d fhbfkZih]Zf MibjZxlky e_kZ \ kZfu_ g_[_kZ < FZydh\kdbc Fu ijhgbdZ_f \ lZcgbdbijbjh^uGJue_gdh\A\_jheh\u [jh^beb p_euc^_gvihe_km>\_dZieb [juagmeb \ kl_deh: N_l <oh^yl k_fv[h]Zluj_c:Imrdbg;b^_gdh b <Zgy m^h[ghmkljhbebkv m kZfhcdZ[bgu\h^bl_ey<DZlZ_\M djhfdb\h^ukb^_eb ^\Zf_^\_`hgdZWibl_luoheh^gZyf]eZg_\_jgucemgguck\_llbobc^hf Q_jg__l^hjh]ZKlhm`_crbiylLjbdZiebmiZebY m\b^_eQlhlhmiZehLjb\hjhguijh[uebLjb[_ehqdbih^[_]Zeb Z Fgh]h jZaguo ilbp mgbqlh`be obsgbd aZ wlh \j_fy[ >\Z mq_gbdZ gZr_]h deZkkZ [m^ml mqZkl\h\Zlv \ ]hjh^kdhchebfibZ^_ihjmkkdhfmyaudm\K_]h^gygbdlhg_ijbg_kmq_[gbdih]_h]jZnbbo =eZ]gZj_q kdZlu\Zxlkylhjhieb\hih_lf_eh^bqghlbdZ_la\hgdhoIjbe kms jZaju\qZlhc kljmcdhc k_j_[jygu_ rZjbdbk_j_[jygucdhehdhevqbdKdZlu\Zxlky ² ^he`gu kdZlu\Zlvky i_j_a\Zgb\Zxlky ²gZqgml i_j_a\Zgb\Zlvky jZa[b\Zxlky ² klZgml jZa[b\Zlvky aZeb\Zxlky²[m^mlaZeb\Zlvkyijbekmskmsijbe LboZ mdjZbgkdZyghqv:Imrdbg<ha^mo e_]hd bijbe]eZ]kmsijbeijbeqbklb aZf_jaeZ j_dZ B Gbdblbg Rbjhd b `_el \_q_jgbckmsijbekmskmsijbek\_l::ofZlh\ZG_`gZ Zij_evkdZyijhoeZ^ZGhqv k\_lijbeeZy b fhjhagZykms ijbeijbekms]eZ] Mljh yjdh_kheg_qgh_H[bevgZyjhkZ ihdju\ZeZ a_fexf_klkms]eZ]ljZ\mebklvydmkluDjhohlgu_dZi_evdb ih\bkZeb \kx^mHgbkmsijbe]eZ]i_j_eb\Zebkv gZ khegp_ E_k hke_ibl_evgh k\_jdZe \ emqZokms]eZ]]eZ]khegpZ < dZ`^hc jhkbgd_ hljZ`Zehkv khegp_ Bgh]^Z gZ[_]Zekmsf_kl]eZ]\_l_jhdHg ke_]dZdheuoZe \_ldb^_j_\v_\IhFIjbr\bgmJhkZ ² jhku ih\bkZeb ² \bkgmlv hke_ibl_evgh ² hke_ikhegpZ²kheg_qgucgZ[_]Ze²[_]ijbeijbekms DjZkb\ b i_qZe_g jmkkdbce_k \ jZggb_hk_ggb_^gbGZkms]eZ]ahehlhf nhg_ ih`_el_\r_c ebkl\u \u^_eyxlky yjdb_ iylgZkms]eZ]]eZ]de_gh\ b hkbgR_e_klbl ih^ gh]Zfb ebkl\ZDh_]^_ \b^g__lkykms]eZ]kmsreyidZ iha^g_]hih^hkbgh\bdZLhgdhijhk\bklbl jy[qbd< g_kms]eZ]ijbeijbekms[_dhkydhfijhe_lZxl `mjZ\ebIjhajZq_g b qbkl \ha^mo;Z[vbfe_lhfgZau\Z_l gZjh^ wlhdjZldh_hk_gg__\j_fyKihkh[u\ujZ`_gbykdZam_fh]hBfyBfykms_kl\bl_evgh_ijbeZ]Zl_evgh_< wlhl ^_gv y \_jgm ;b[ebhl_dZ ² deZ^ Kb[bjkdZy abfZ kmeZkvk jZ[hlujZghagZgbcjh\Z=eZ]hekmsBikmsBikmsBi <he]Z qlhwlhlZdh_"²\_ebdZyjmkkdZyj_dZA_feykmsBikmsBiqlhwlhlZdh_"²gZrh[sbc^hfFmjZ\_c dlhhglZdhc"²kmsBikmsBikmsBim^b\bl_evgucljm`_gbdEbg]\bklbdZ qlhwlhlZdh_"²gZmdZkmsBikmsBih yaud_KbglZdkbk qlhwlhlZdh_"²jZa^_e yaudhagZgbykmsBikmsBi kmsBikmsBiE_k ²gZr_[h]Zlkl\hE_k ²gZr_kiZk_gb_ hlaZkmokmsBikmsBikmsBib kmoh\__\gZrp_ebl_ev b emqrbcgZjy^ gZr_ca_feb>yleukmsBi kmsBikmsBi² ihlhfkl\_ggu_ iehlgbdb H[_^ ^yleZ ² \j_^bl_eb e_kZkmsBikmsBikmsBikmsBi =hem[bdZ ²wlh\blZfbgu b ihe_agu_khdbK_f_gZ ^_j_\vkmsBikmsBikmsBi_\²\_ebdb_iml_r_kl\_ggbdbOe_[ ²\k_fm]heh\ZIhkmsBikmsBikmsBikmsBi]h\hjdZ ²p\_lhq_dihkeh\bpZ ²y]h^dZ Ql_gb_ ²\hl emqr__ mq_gb_ OhjhrZy dgb]Z ² ijZa^gbdDgb]Z ²wlhbklhjby gZjh^h\a_febDgb]Z ²\_jguc^jm]b kh\_lqbd @zjgh\²f_evgbqgucdjm]@hd_c²ijhn_kkbhgZevgucgZ_a^gbdA_fey²ieZg_lZE_dlhjbc²ihf_s_gb_^eye_dpbcE_dkbdhg²aZiZkkeh\NehjZ²jZklbl_evgucfbjNZmgZ²`b\hlgucfbjAbfgyykdZadZH^gZ`^uabfhcfu hlijZ\bebkv \ e_k< ]mklhfkhkgh\hfe_kmklhyeZ lbrbgZ<k_ ihdjuehkv [_eufhke_ibl_evgufkg_]hf< oheh^ghfk\_`_f\ha^mo_ghkbebkv [_eu_imrbgdbDjmigu_\_ldb mdjZkbebkv g_`gufimrbklufbg__f< kdZahqgucgZjy^h[jy^beky e_kDZ`^ucdmkl ²^bdh\bggh_`b\hlgh_Khkgh\hf²khkguhke_ibl_evguf²ke_ibl\ oheh^ghf²oheh^^bdh\bggucJhev\ ij_^eh`_gbbbf_gbkms_klIjbf_ju\bl_evgh]h\ BfiIh^e_`Zs__KdZam_fh_KdhjhgZklmiyl^he]h`^Zggu_dZgbdmeuDZdlmk²x`gh_jZkl_gb_ k lheklufbkl_[eyfbihdjulufbdhexqdZfb Fhkd\Z²djmig_crbc]hjh^fbjZ< wlhf]h^mgZr]hjh^[m^_lijZa^gh\Zlvk\hcx[be_c:g^j_c²ohjhrbclh\ZjbsGZwlhcnhlh]jZnbbaZi_qZle_gfhclh\ZjbsKeh\Zjv ² emqrbc ihfhsgbd ijb bamq_gbb bghkljZggh]hyaudZGZdhg_plhijb[ueihfhsgbddZiblZgZ<he]Z ² ihegh\h^gZy j_dZ G_[hevrZy j_dZ ^_ebl k_eh gZ^\_qZklb < ihoh^\havf_f dZjlmf_klghklbH[yaZl_evghijhqblZcwlm dgb]m Mljhf b^_f gZ ha_jh H[yaZl_evgh ijboh^bl_ \_q_jhfkms]eZ] JZkkdZ`b fg_ kdZadm ijh B\ZgZpZj_\bqZ Hk_gv]eZ]]eZ]]eZ] B^_rv ih e_km b ex[m_rvky _]h djZkhlhc Ijb]hlh\v \k_kms]eZ]g_h[oh^bfh_^eyihoh^ZDhg_p fZyKh[bjZ_fky \ ihoh^ AbfZB^_f ih^hjh]_ d e_km K ljm^hf ijh[bjZ_fky ihljhibgd_Ba[mrdZ e_kgbdZ ;Zjkmd ²[_ah[b^gh_b ihe_agh_`b\hlgh_<uibrbl_ baij_^eh`_gbykeh\hkhq_lZgbyIhqblZc fg_ih`ZemcklZ wlm klZlvx \kemo E_k LbrbgZ >Zc fg_ ih`ZemcklZwlm dgb]m Khegp_ ijh[b\Z_lky kd\hav lhesm o\hb ;h[ju² hlebqgu_ kljhbl_eb < \hkdj_k_gv_ [hevr_ \j_f_gb ijh\h^b gZk\_`_f\ha^mo_Mljhfh[yaZl_evgh^_eZc aZjy^dmkmskms Hk_gvQZsb e_kZkmskmsijbeHa_jh [_e_khijbekmsFho kmobo[hehl;e_^_g g_[hk\h^ EbklhiZ^JZaghp\_lgucdh\_jhk_gbAhehlZyhk_gv<f_kl_k e_]dbfe_]hdmlj_ggbfaZfhjhadhffhjhablqlh^_eZ_l"mklZgZ\eb\Z_lky klZg_lykgZyih]h^Z<f_jl\hc lbrbg_ bg ² rbjbgZ lhesbgZ e_kZ qlh ^_eZ_l"keurblky rmjrZgb_ hiZ^Zxsbo iZ^Zlv ebklv_\ Hgb qlh^_eZxl"eh`Zlky dh\jhff_`^m^_j_\v_\<hlahehlbklhdjZkgucebkl ^jh]gme b ihe_l_e ihe_lih\ha^momB^_rv ihjZaghp\_lghfmdh\jmbaebklv_\oooIjbekms ²ahehlZyhk_gvk e_]dbfaZfhjhadhf\ f_jloo\hclbrbg_ihjZaghp\_lghfmdh\jm IjhreZ ghqv g_jZkij Mlbo [mcguc \_l_j jZkijMe_]ebkv kg_]Z g_jZkij <udZlbehkv dZlblky khegp_ gZ ykgucg_[hkdehgjZkijAZb]jZeb emqb _]hgZ\hegbkluo\hegukg_]ZojZkijoooIjbekms ²[mcguc\_l_jykgucg_[hkdehggZ\hegbokluokg_]Zokmsijbe]eZ]kmskms]eZ] Mljh ij_djZkgh_Ijh]eygmeh khegp_ G_[h hqbklbehkvf_klijbekmsijbekms ijbeHgh kbg__kbg__B j_dZ kbgyyB dZ`^Zyem`bpZ kbgyyB ^Z`_]eZ]kmsaZkbg_e fhdjuc[_j_] GZklmibe l_ieuc k_gly[jv K mljZ g_[h qbklh_ JZaghp\_lgu_ ebklvy [_krmfgh iZ^Zxl gZ a_fex Ilbpu \gh\v me_lZxl\ l_ieu_djZyKdhjhgZklmiyli_j\u_aZfhjhadb BaaZ^_j_\v_\[e_kgmeZ]hem[Zy\h^Ze_kgh]hha_jZ;e_kgmeZbaaZ^_j_\v_\]hem[Zy\h^Z;_euciZjihem]ZfjZkklbeZ_lkyIZjha_jZe_kgh]hjZkklbeZ_lky[_eucihem]ZfLmjbklujZkiheh`bebkv\ [_j_ah\hcjhs_LmjbklujZkiheh`bebkv\ jhs_[_j_ah\hc AZlygmeky lyg_lky j`Z\hc lbghc ijm^ rbjhdbc h[f_e_e f_ev < emq_ emgu e_lbl ihe_l [hevrZy ilbpZ GZ^lj_i_sms_clj_i_lhkbghce_]dbcf_kyp aZ[e_kl_e q_j_^h\Zgb_?B \dhjg_[e_kl ²[ebkl GZklmiZ_l ^he]h`^ZggZy abfZ < \ha^mo_ aZdjm`bebkvi_j\u_kg_`bgdbD \_q_jmoehivyfbih\Zebefy]dbckg_]<i :e_rbgh ebph ihdju\Zeb \_kgmrdb >_\hqdZ ^_j<i<i<i>igmeZ _]haZib^`ZdNbevdZ ijhlygme oe_[ehrZ^b Kl_iZ ihemqbe ibkvfhhl ^jm]Z XggZlu ih^]hlh\bebd \_kg_kd\hj_qgbdb^eyilbpJ_[ylZ\ayeb^hkdbm fZkl_jZ b ijbgyebkvaZjZ[hlmDhfg_ ijbr_e^jm]b jZkkdZaZe hihoh^_kmskms Emgguck\_l aZeb\Ze iheygmLmqb kdjueb hklZldbkmskmsemggh]h^bkdZA\_a^u mk_yeb \k_g_[h<k_ jZkkfZljb\Zebkmsijbqm^eb\u_mahju>iZe¶Zgm@²keh]Z>i@ ² kh]e ]emol\>Z@ ² ]eZk [_am^>e¶@ ² kh]e a\hgfy]d>Z@ ² ]eZk m^>g@ ² kh]e a\hgl\>m@ ² ]eZk [_am^a\mdh\Iheygm²[md\kms<ikms<i Ijbf_lu hk_gb \h \k_f \klj_qZ_l \ahj =hjh^ mdkms<ikms<ijZrZ_l [mev\Zj :ev[hf \aye wlhl fZevqbd Dm^jb [_j_akms<ijZkq_ku\Z_l \_l_j DZi_evdb jhku \ ljZ\_ aZ`b]Zxl i_j\u_kms<i f_kl>iemqb khegpZ AZf_qZl_evguc ih^Zjhd fg_ ijbkeZe ih ihql_kms<ikms<i[jZl Dbjibqb ghkbeb dZf_gsbdb >hdeZ^ fu ihjmqbebkms>iI_l_<klj_qZ_l²\klj_qZmdjZrZ_l²djZkblkmskmsf_kl ]eZ]f_kl f_kl]eZ] KdZau ;Z`h\Z y ijhqblZe Fg_ hgb ihgjZ\bebkv]eZ]f_klkmskms]eZ]kmskms]eZ] JZkkdZ`bl_ fg_kdZadm Iuev ijbg_k \_l_j >m[ kehfZekmskms]eZ]kmskmskms ]eZ]ijbemjZ]Zg;ZjdZk \u[jhkbeb gZ[_j_]\heguE_k hdmlZe ]mkkmskms]eZ]kmslhclmfZgGZijZ\e_gb_ mdZau\Z_l dhfiZk FZfZ ihemqbeZ l_e_]jZffm hl [Z[mrdb D He_ijbreb]hklbJhevbf_gbkms_kl\bIjbf_jul_evgh]h\ ij_^eh`_gbbIh^e_`Zs__KdZam_fh_>hiheg_gb_GZqZehkvm^b\bl_evgh_ijbdexq_gb_<ZjrZ\Z²klhebpZ IhevrbY [ukljhj_rbeaZ^Zqm Ijb[eb`ZeZkv ^h\hevgh kdmqgZy ihjZ : Imrdbg HkuiZ_lky \_kv gZr [_^guc kZ^ : Lheklhc F_evdZ_l`_eluc ebkl gZ a_e_gb ^_j_\ G =j_dh\ M^b\bl_evgZy dZjlbgZ hldjueZkv fhbf ]eZaZf>kdmrgZM¶Z@ Y \k_]^Zex[bekfhlj_lvgZlboh_iZ^_gb_iZ^Zlvkg_]ZQlh[u\iheg_gZkeZ^blvkykeZ^hklvwlhcdZjlbghcy \ur_e\ ihe_ b qm^gh_ aj_ebs_ ij_^klZ\behkv ]eZaZf fhbf \k_ [_a]jZgbqgh_ijhkljZgkl\h\hdjm]f_gyij_^klZ\eyehij_^klZ\blv\b^ kg_`gh]h ihlhdZ [m^lh g_[_kZ jZa\_jaebkv jZkkuiZebkvkg_`guf imohf b gZihegbeb \_kv \ha^mo ^\b`_gb_f b ihjZabl_evghclbrbghc H^gZ`^uabfhcfuhlijZ\bebkv\ e_k< ]mklhf hkbgh\hf [hjm [ueh lboh <k_ [ueh ihdjulh [_euf hke_ibl_evgufkg_]hf< oheh^ghfk\_`_f\ha^mo_ghkbebkvf_edb_[_eu_imrbgdbDm^jy\u_\_ldbmdjZkbebkvg_`gufimrbklufbg__f<wlhf kdZahqghf abfg_f gZjy^_ dZ`^Zy \_ldZ dZaZeZkv m^b\bl_evghcIhBDhjg__\m I_\qbc^jha^ ²g_[hevrZyk_jZy ilbqdZKg_]bjv²jmkkdZygZrZ ilbqdZHeyidZ ²hklhjh`gZy b qmldZy ilbqdZBKhdheh\Fbdblh\ IjbreZ hk_ggyy ihjZ Khegurdh ihdZau\Z_lky j_^dhIh^me oheh^guc j_adbc \_l_j Hg k^m\Z_l ihke_^gb_ ebklvy bjZaghkbl bo ihiheyfihjhsZf Am[Zkluca\_j_d]jua_lk \ba]hf^m[hdkms>hiheg_gb_²]jua_lqlh"^m[hd<iijbeHij_^_e_gb_²a\_j_ddZdhc"am[Zklucijbekms E_kgmx lbrbgm gZjmrZxl ]hehkZ ilbp K ihe_cijbeijbeijbe^me lbobc \_l_jhd;_eu_ jmqdb qm`b_ ljm^uex[ylIhkeh\bpZ J_[ylZk_]h^gyoh^beb\ ihoh^b hq_gvmklZebGh\_q_jhf hgb \uoh^yl ba iZeZlhd b kh[bjZxlky m dhkljZ Ihlj_kdb\Zxlyjdhkmob_kmqvyAZ^hjgha\mqZli_kgb Hj_e]jhfdh aZdjbqZedjbdjZkijZ\bedjuevyb ly`_ehly`_klv ihe_l_e ihe_l d fhjx Hg \_jgmeky lhevdh iha^gh\_q_jhfHg e_l_elbohb gbadhgZ^a_fe_c< dh]lyo m g_]h[ueZ[hevrZyju[ZHg ih^e_l_e ihe_l d ^_j_\m h]eygmeky \a]ey^ [ukljhkeh`be djuevy b k_e gZ djZx ]g_a^ZHjeylZ ih^gyeb ]heh\u bjZabgmebjluIhELheklhfm K dhgpZ Z\]mklZ oheh^__l oheh^ oheh^guc K\_`_klvaZf_qZ_lky aZf_lblv hkh[_ggh ih mljZf Z \ k_gly[j_ ihy\eyxlky bgh]^Z e_]db_fhjhauIjhkuiZ_rvky ih mljZf b \b^brvdZdih[_e_eZ [_eucljZ\Z bebdjurZ khk_^g_]h^hfZIhghqZf aZf_jaZxl f_jagmlvem`bF_edb_hk_ggb_^h`^bb^ml [_kij_ju\gh<_l_j ^m_l [_amklZeb b ^Ze_dh ^ZevjZaghkbl khaj_\rb_k_f_gZ^_j_\v_\b ljZ\uHa_jh[uehihegh\kydhcju[uH]jhfgu_smdb\ukdZkmskmsgZj_qdb\Zeb ba \h^u < \h^_ [_kij_klZggh f_lZeZkv f_edZy ju[ZkmskmskmsF_klZfbhdheh[_j_]h\ b ljZ\ jy[beZ\h^Zhlju[vboklZcHgbkmskmsl_kgbebkv gZ f_ev b ^Z`_ \ukdZdb\Zeb gZ [_j_]h\mx ljZ\m <kmsha_j_ \h^bebkvhdmgbb e_sbIhK:dkZdh\m ;_krmfghlj_i_lZeb gZhkbgd_jZaghp\_lgu_ebklhqdbZHij_^_e_gb_²ebklhqdbdZdb_"jZaghp\_lgu_[H[klhyl_evkl\h²lj_i_lZeb]^_"gZhkbgd_\H[klhyl_evkl\h²lj_i_lZebdZd"[_krmfgh JZkl\hjbebkv \ l_fghl_ l_fguc jhsb kZ^u ihey L_deZl_qvba\b\ZeZkv\blvky[e_kl_eZj_dZKFZjrZdKg_]eh`bekygZiheygZdmklugZ^_j_\vyEmgZhk\_sZeZk\_l kZ^ ^hjh`db[_k_^dm Ih^Zjbl y[ehgvdZ ex^yf djmigu_khqgu_ieh^uKo_fu ]eZ]]eZ]]eZ]GZha_j_j_[ylZdmiZebkvaZ]hjZebeh\bebju[mgZj_qgZj_qgZj_qHljy^r_e[h^jhkf_eh\_k_ehkmskmsKhegp_hk\_lbehem]<ib j_qdm<ikmskmskms K x]Z ijbe_l_eb ]jZqb Bi kd\hjpu Bi ^jha^uBi]eZ]]eZ]Kheg_qgucaZcqbdijh[_`Zeihkl_gZfb aZf_jgZihlhed_Ko_fu bb A\hgdh lhgdh `mjq bl \ jmqv_ \hegZ : ;ehd Hohlgbdg_ihr_e \ e_kZ k\_jgme d ha_jm F Ijbr\bg <klZxl i_j_^hfghx^_j_\gbiheyb e_kZ FBkZdh\kdbc A\_a^ulmkdg_xl blZxl \ kbg_fg_[_>Am_\ Fblygujgme\ \h^m]em[hdhgh^gZg_^hklZeIhke_^gb_ebklvyiZ^Zxlk ^_j_\v_\b f_^e_gghdjm`Zlky\ \ha^mo_MjZ]Zgijhg_kkygZ^]hjh^hfgh[_^k_jv_aguog_ijbg_k< kbevgu_fhjhau[_edZkibl\ ]g_a^_beb\ ^mie_Z \keZ[u_²iju]Z_lk \_ldbgZ\_ldm[_]Z_lihkg_]mgh bZgh >jha^jy[bggbd >jha^ ² [hevrhc ex[bl_ev jy[bgu Hk_gvx ly`_eu_ly`_klv ]jha^vy jy[bgu ihdju\Zxl ^_j_\pZ ^_j_\h ]gml bo\_ldb < lZdb_ ]h^u jy[bggbd g_ me_lZ_l ihe_l gZ abfm k^jm]bfb ^jha^Zfb Z hklZ_lky gZ k\h_c k\hc k_\_jghc jh^bg_ >jha^u ih_^Zxl _klv jy[bgm fh``_\_evgbd b q_jgbdm @b\mlhgb\ [_j_ah\uojhsZob \e_kmIh=Kdj_[bpdhfmZbbAbfZIh^meZ abfZoheh^hfkhj\ZeZ ebklvyk ^_j_\v_\b jZaf_lZeZboih^hjh]_ Kh[jZebkv ilbpu ihdjbqZeb b ihe_l_eb aZ \ukhdb_]hju\ l_ieu_djZyHklZebkv lhevdh \hjh[vb \hjhgu ]Zedb qb`b b kbgbqdbGZdbgmeZkv abfZ gZ a\_j_c aZihjhrbeZ kg_]hf ihey aZ\ZebeZkm]jh[Zfbe_kZb ihkueZ_l fhjhaaZfhjhahfFhjhau[hcdh[_]mlk_j^blhfhehldZfbihklmdb\Zxlihha_jZfijm^Zfj_dZf bfhjyf fhklukljhyl Ebklvyih[e_debihlmkdg_ebih`moeb<_l_jkju\Z_lbodjm`bl\ \ha^mo_[jhkZ_lgZa_fex>h`^vklmqblihdjur_[ZjZ[Zgbl\ hdhrdhre_iZ_lihem`ZfFhegbbq_jlylg_[hhke_ibl_evghk\_jdZxlgZ^]hjbahglhf MjZ]Zg aZg_k ^hfbd \ kljZgm g_h[uqZcghc djZkhlu <hdjm]jZkklbeZekya_e_gucem]ihdjZyfjhkeb^_j_\vy^_j_\hkhki_eufbieh^Zfbieh^ijbeijbe GZ iheygZo \b^g_ebkv \b^gh demf[u jhah\uo [_euo bijbekms]hem[uo p\_lh\p\_l< \ha^mo_ihjoZeb djhr_qgu_ilbqdbkps]eZ]jZaghp\_lgu_ [Z[hqdb GZ \_l\yo ^_j_\v_\ ^_j_\h kb^_ebijbeijbe]eZ]kb^y djZkgh]jm^u_ b ahehlbklha_e_gu_ ihim]Zb b djbqZebdjbdkljZggufb]hehkZfb]hehkkmsAZieh^h\ufbieh^^_j_\vyfb\b^g_ebkv\b^ghfm`qbkmsgub `_gsbguKo_fubbb bH^ghjh^gu_ih^e_`Zsb_A^_kvh[blZxlim]eb\u_ aZcpuoblju_ ebkbpudjh\h`Z^g u_ \hedbH^ghjh^gu_kdZam_fu_IhkfhljbrvgZg_]hb aZex[m_rvky\_ebq_kl\_gguf ^m[hfdm^jy\hc [_j_ahc^mrbklhc ebihclj_i_lghc hkbghcAZypi_j_kdhqbeq_j_a^hjh]mih^hr_ed k\h_cghj_\u[jZef_kl_qdhih\ur_jZkdhiZekg_]e_]\ gh\mx ghjdmmeh`begZkibg_mrbb aZkgmek hldjulufb ]eZaZfbH^ghjh^gu_\lhjhkl_i_ggu_qe_guij_^eh`_gbyIhkfhljbrvgZg_]hb aZex[m_rvky\_ebq_kl\_gguf ^m[hfdm^jy\hc [_j_ahc^mrbklhc ebihclj_i_lghc hkbghc]eZ]]eZ]D kZfhfm[hevrhfmebklmih^ieueZ `Z[Zb ihklZ\beZ]eZ]lm^Z hj_oh\mx kdhjemim k ^_\hqdhc Ju[db klheibebkv m]eZ]kl_[ey b `b\h i_j_]juaeb _]h k\hbfb am[dZfb <k_ Zf[Zjukmskmsfurv aZ[beZ oe_[gufb a_jgZfb \k_\hafh`gufb ijbiZkZfb]eZ]]eZ] >xcfh\hqdZ gZ]gmeZkv gZ^ ilbp_c jZa^\bgmeZ i_jurdb b]eZ]]eZ]ihp_eh\ZeZ __ ijyfh \ aZdjulu_ ]eZadb EZklhqdZ \a\beZkv]eZ]kmskmsklj_ehc b ihe_l_eZ gZ^ l_fgufb e_kZfb gZ^ kbgbfb fhjyfb bkms\ukhdbfb]hjZfbKo_fubb=O:g^_jk_g bb b <_l_jaZg_kk_f_gZ\ lhidh_[hehlhZHij_^_e_gb_ ²\ [hehlhdZdh_"lhidh_[H[klhyl_evkl\h ²aZg_kdm^Z"\ [hehlh\>hiheg_gb_ ²aZg_kqlh"k_f_gZ < j_d_j_[ylZeh\bebju[miehl\mhdmg_csmd<emdhrd_ e_`Zeb ]jb[u kujh_`db ebkbqdb ih^[_j_ah\bdb b[_eu_ Hg ih[u\Ze \ jZaguo ]hjh^Zo \h Ev\h\_ \ Jb]_ \H^_kk_ b \ Db_\_ < gZrm rdhem ijb_a`Zeb dhkfhgZ\lu=j_qdhE_hgh\>`Zgb[_dh\Ko_fu bb < kZ^m m klZjmrdb jhkeb p\_lu ]\ha^bdb ebebblxeviZguJ_[ylZihex[beb]_jh_\kdZadbWeeb>jh\hk_dZKljZrbem< ahhiZjd_`b\mljZagu_a\_jblb]juev\ukehguGZklhe_e_`Zebbgkljmf_glufhehlhdklZf_kdZsbipuKo_fu < ijbjh^_kf_gyxl^jm]^jm]Zq_luj_\j_f_gb]h^ZabfZ\_kgZe_lhhk_gvG_h[oh^bfh[_j_qv\k_jZkl_gby^_j_\vydmklZjgbdb p\_lu b ijhklh ljZ\bgdb < ^_lkdhc wgpbdehi_^bbjZkkdZau\Z_lky h fgh]bo ibkZl_eyo Imrdbg_ =h]he_ Lmj]_g_\_=jbg_IZmklh\kdhfGZdZjl_e_]dhfh`ghgZclbjZagu_kha\_a^by;hevrmxb FZemxF_^\_^bpuHjbhgE_[_^v Mljh JhkZ _s_ g_ h[khoeZ Djhr_qgu_ \h^ygu_ dZiebih\bkeb\kx^mgZebklvyop\_lZogZkl_[eyoljZ\uBaaZ \_jrbg ^_j_\v_\ \u]eygmeh khegp_ b \ lhl `_ fb] \dZ`^hc dZie_ jhku aZ`_]ky hke_ibl_evgh yjdbc nhgZjbd Hgb[ueb\k_jZagu_kbgb_jhah\u_b ]hem[u_<_kve_kkbyejhah\ufk\_lhfKo_fuDjhr_qgu_ \h^ygu_ dZieb ih\bkeb \kx^m gZ ebklvyo p\_lZogZkl_[eyoljZ\u Hgb[ueb\k_jZagu_kbgb_jhah\u_b ]hem[u_Ko_fu bbb Zbb b<ulygme ² lyg_l jZaehfbe ² jZaehfbl ihkhebe ² khevijhlygme²lyg_lkb^bl²kb^ylj_sbl²lj_kd H^bggZ^pZlv e_[_^_c e_l_eb ihe_l h^bg aZ ^jm]bf Fhj_ [behkv h[ml_kb hdZlu\Zeh [jZlv_\^h`^_f[jua]GZaZj_m ^\hjph\uo\hjhlihy\bebkv ihy\ylkyh^bggZ^pZlv[jZlv_\ H^gZ ba nj_cebg gZ^_eZ ^_j_\yggu_ [ZrfZdb b ihreZ gZaZ^gbc ^\hj <k_ ]gZeb [_^gy`dm kh ^\hjZ Hgb bkimklbebdZdhclhkljZggucdjbd\afZogmeb \afZo[hevrbfbdjuevyfbbihe_l_eb ihe_l k oheh^guo em]h\ \ l_ieu_ djZy ;hevrb_ieZ\Zeb \hdjm] g_]h b eZkdZeb eZkdZ _]h ]eZ^beb dex\Zfb Ihy\bebkv ihy\blky^\h_kem]\ayeb _edmb \g_keb g_k__ \h]jhfgucaZeFeZ^rbc ih\_kbe k_[_gZ]jm^va\_a^mJmqgZy\hjhgZ kb^_eZ kb^ygZ\hjhlZob oehiZeZ djuevyfbBakdZahd=O:g^_jk_gZ Dgb]Z²gZrkh\_lqbdb ^jm]Badgb]fumagZ_ffgh]hbgl_j_kgh]h GZ^ kha^Zgb_f bo ljm^ylky ibkZl_eb om^h`gbdbi_qZlgbdb Ljm^ bo \Z`_g b ihq_l_g Ihfgb h[ wlhf b [_j_]bdgb]bMfgZydgb]ZgZmqbll_[yfgh]hfm^h[jhl_q_klghklbkijZ\_^eb\hklbKlZjZckyqblZlvjZagu_dgb]bnZglZklbdmijbdexq_gq_kdmxebl_jZlmjmdgb]bh iml_r_kl\byob hldjulbyoKo_fu hb Y \Zf^jmavyhldjhx \k_ lZcgu a^_rgbo f_kl<uhgZk hq_gv gZim]Zeb k\hbf\ha^mrguf rZjhf;jZlpuqlh hghijhf_gy khqbgy_l"P\_lbdklZgh\bkv gZ[hqdm b qblZc k\hbklbobGGhkh\ FZrZ qblZ_l dgb]m h iml_r_kl\byo ² FZrZ qblZcdgb]mh iml_r_kl\byoKlZjr_deZkkgbdb kh[bjZxlkyijbgylvmqZklb_ \ eu`guokhj_\gh\Zgbyo²KlZjr_deZkkgbdbijbfbl_mqZklb_\ eu`guokhj_\gh\ZgbyoXgu_gZlmjZebklu g_^Zxl\ h[b^m i_jgZluo ^jma_c ² Xgu_ gZlmjZebklu G_ ^Z\Zcl_ \h[b^m i_jgZluo^jma_cRdhevgbdb iml_r_kl\mxl ihjh^ghfm djZx ² Rdhevgbdb iml_r_kl\mcl_ ih jh^ghfm djZx MqZsb_ky Zdlb\ghaZgbfZxlky kihjlhf ² MqZsb_ky Zdlb\ghaZgbfZcl_kv kihjlhf Fhc^jm]kdhjh\_jg_lky^hfhcXgucfhc^jm]QblZc[hevr_qblZcdZ`^uc^_gvFhkd\Z²djmig_crbc]hjh^fbjZFhkd\ZY ]hj`mkvlh[hcAZhdghf[_j_ahgvdZ\_lhqdZfbfZr_lFbeZy[_j_ahgvdZdZddjZkb\ZluJh^bgZ ]hj^blky k\hbfb kugZfb H[_sZx kem`blv l_[_ Jh^bgZq_klgh >hjh]b_ qblZl_eb g_ aZ[u\Zcl_ qlh dgb]Z ² \Zr ihfhsgbd \ mq_[_ J_[ylZ [_j_]bl_ dgb]b Xgu_ gZlmjZebkluijhqblZcl_dgb]m=Kdj_[bpdh]h©E_kgu_i_j_k_e_gpuª G_ rmfb lu jh`v ki_euf dhehkhf Lu g_ ihc dhkZjvijhrbjhdmkl_iv:Dhevph\Dm^Zluk\_leucjmq__dklj_fbrvky":N_lKihck\_lbdg_klu^bkvBDjueh\>jmavyd q_fm\_kvwlhlrmf"BDjueh\DZdfbeuci_lmrhdih_rvlu]jhfdh\Z`ghBDjueh\ Y ex[ex l_[yJhkkbyFGh`dbg<klZgv aZkibghc fh_c Jhkkby \ k\h_c jZkk\_lghc qbklhl_ L Dmah\e_\Z Kuiv lu q_j_fmoZ kg_]hf ihcl_ \u ilZob \ e_km K ?k_gbgIjhsZcjh^gZyimsZK?k_gbgK_j_[jbklZy^hjh]Zlu ah\_rv f_gy dm^Z" K ?k_gbg <b`m \Zk jh^gu_ kl_ib: N_l GZibrbl_ ih`ZemcklZ fg_ ibkvfh J_[ylZ ;_`bf gZj_qdmJhevbf_gbkms_kl\bIjbf_jul_evgh]h\ ij_^eh`_gbbGZqZehkvm^b\bl_evgh_ijbdexq_gb_<ZjrZ\Z²klhebpZ IhevrbY [ukljhj_rbeaZ^ZqmAZ\ljZfuihc^_f\ e_kEx^b;_j_]bl_ijbjh^mIh^e_`Zs__KdZam_fh_>hiheg_gb_H[klhyl_evkl\hH[jZs_gb_ @_elufbebklvyfbhk_gvs_^jh\ukleZeZ^hjh]bb iheykmsijbe]eZ]ijbekms Ahehlhcf_l_evx fqblky `_eluc ebkl]eZ]kms kmskmsf_kl?ev jmdZ\hfljhibgdm fg_ aZ\_kbeZijbeijbekms]eZ] gZj_q gZj_q;Z]jygZyi_qZevgZy emgZ \bkbl _s_\^ZebBf_ggu_ keh\hkhq_lZgby ahehlhc f_l_evx `_eluc ebkl[Z]jygZyemgZi_qZevgZyemgZ=eZ]hevgu_ keh\hkhq_lZgby aZ\_kbeZ ljhibgdm aZ\_kbeZfg_aZ\_kbeZjmdZ\hf\bkbl\^Zebkms]eZ]kms]eZ]kmskms F_l_ebpZ ijb\yaZe ehrZ^v\ah[jZeky gZm]hekjm[Zf_klgZj_q]eZ]]eZ]kmskmsHg gZijy`_ggh \]ey^u\Zeky b \kemrb\Zeky \ rhjhob ghqbf_klb]eZ]kmsHg ih^gyeky gZ[m]hjgZj_q ]eZ]ijbekmskmsKe_\Z reZ q_jgZy ]jy^Z khihdkms]eZ]kmsM e_kZ rmf_eZ j_dZgZj_q]eZ]ijbekmskms>Zevr_ lygmebkv `_elu_ h]gb ^_j_\gb Imrbklucju`bco\hkl kh\k_fijbdjue kibgmZ ]eZaZ \ibebkv \ kljZrgh]ha\_jyO\hklijbdjueZ ]eZaZ\ibebkvKeh`gh_Hg m\b^Zeqlh]eZaZ jukbiehlghaZdjuebkvHgm\b^Zeqlh]eZaZaZdjuebkvKeh`gh_JZa^Zeky rhjho k lh]hf_klZ]^_e_`Zeb \_sbJZa^Zekyrhjho]^_e_`Zeb\_sbKeh`gh_Kheg_qgufmljhfgZeZ`b\Z_l k\hxg_obljmxi_k_gdm\_k_eZykbgbpZimklbl a\hgdmx^jh[v ihlZc]_^yl_eGZeZ`b\Z_li_k_gdmkbgbpZimklbl^jh[v^yl_eKeh`gh_ Y ijhkgmeky b m\b^_eqlhemggZyghqv _s_[he__ih[_e_eZ [_euchlfhjhaZE_k klhbl klhy lbobc b fheqZeb\ucihlhfmqlh]eZ\gu_i_\pu i_lvme_l_eb ihe_lDh]^ZlmfZg jZkk_b\Zeky gZ \hklhd_ ihy\eyeky ihy\blky jh\guc [_j_] J_dZ jZaebeZkv jZaeblvky b aZlhibeZ aZlhibl [_j_]Z[_j_]Khegp_ \u]eygmeh \u]ey^u\ZlvbaaZlmqb ihe_ hk\_lbehkv k\_lyjdbfk\_lhf>g_fkg_]lZyegZkhegurd_Z ghqvxfhjha^hoh^be^hk_fb]jZ^mkh\<^jm]ih^mel_ieuc\_l_jgZ^\bgmebkvlmqbAZa_e_g_eZljZ\dZgZ^mebkv ihqdb dZebgu b ebidhc [_j_auaZ]m^_ebiq_euAZebebkv`Z\hjhgdb\ g_[_b ijhe_l_ebk \_k_euf]h]hlZgv_f`mjZ\ebb ]mkb Bkq_aZxl ihke_^gb_dehqdb kg_]Zb gZk\_lihy\ey_lky i_j\ZyljZ\dZ< ^jm]hcdhkl_j^_^ iheh`be kmob_ihe_gvyqlh[u hgb ]hj_eb \kx ghqv Kbgbpu \bk_eb \gba ]heh\hc baZ]ey^u\Zeb \ hdgZHg ihqm\kl\h\ZeqlhfZevqbd ko\Zlbe _]haZ jmdm Dh]^Z ]j_[pu ]j_[eb ^jm`gh eh^dZ [ukljh g_keZkvihj_d_Dhkl_j ² dhkljbs_ dhkljh\hc ihqm\kl\h\Ze ² qm\kl\hqm\kl\bl_evguc Fhj_ ]emohjhilZeh b [behkv h [_j_]²Fhj_ ]emohjhilZehb \hegu [bebkv h [_j_]Ghqvxm^Zjbe fhjha b aZfhjhabe p\_lu ²Ghqvx m^Zjbe fhjha b p\_lu d mljm aZf_jaeb KZ^ lbohgvdh aZrmf_e ebkl\hc b aZf_j ² KZ^ lbohgvdh aZrmf_eb ebkl\Z aZr_\_ebeZkv Ghqv ijhreZ ih^[hevrhcqbklhcemghcb dmljme_]i_j\uc fhjha F Ijbr\bg GZ himrd_ e_kZ y hlukdb\Zx[hevrmx dmqm hk_ggbo ebklv_\ b gZ[b\Zx bfb iheguc f_rhdD IZmklh\kdbc Ijbky^m gZ dZf_gv b kemrZx b\he]b ieZq> D_^jbgKheg_qguck\_l miZe \ \h^m b y m\b^_e ih^\h^hcyjdbc [jhgah\uc k\_l K_\_jguc \_l_j ijbg_k k\bgph\u_h[eZdZb \kdhj_\ \ha^mo_ihy\bebkv [_eu_kg_`bgdbbb Ijhklu_ij_^eh`_gbyAbfZ _s_oehihq_l b gZ\_kgm\hjqbl<g_aZighgZe_l_e\_l_j b ih^gye iuevih^hjh]_Keh`gu_ij_^eh`_gbyGZ^g_ha_jZlheklufkeh_fe_`Zeb bkle_\rb_ebklvyb \\h^_ieZ\Zeb dhjy]bJZ[hlmdhgqbe k_ji gZgb\ZoahehluobihdjZkg_e \^Zeb dh\_j em]h\ <_l_j j\Zgme kh \k_c kbehc bjZahfke_l_eb \k_ebklvy Khegp_ k\_lbeh yjdh b kg_] [ukljh jZklZye <h^Zih^gyeZkv b aZlhibeZ [h[jh\mx oZldm ;h[ju i_j_lZsbeb[h[jylgZkmob_ebklvygh\h^Zih^h[jZeZkv_s_\ur_;h[jylZ hdZaZebkv \ \h^_ b ihieueb \ jZagu_ klhjhgu KZfucfZe_gvdbc[h[j_ghd\u[bekybakbeb klZelhgmlvY aZf_lbewlh\ulZsbe_]hba\h^ub ijbg_kd k_[_^hfhcMljhf\h^ZkiZeZb yihkZ^be[h[j_gdZ \ f_rhd b ihkdhj__hlg_kd j_d_H^ghdhj_ggu_keh\Z[h[ju[h[jh\Zy[h[jylZ[h[j_ghdNhjfukeh\Z[h[jyl[h[jylZ[h[j_ghd[h[j_gdZKo_fuZbbbbbb Y qm\kl\h\Zeqlh]hjh^hklZekym gZkkijZ\ZDh]^Zfumoh^bebs_ghdkdmebehdheh^\_jbAZ[hjaZlj_sZeihlhfmqlhfugZ\ZebebkvgZg_]h\k_kjZamHgihjZ`ZekylhfmdZd[ukljh\yaZeZfZfZgZkibpZoqlh"dh]^Z"ihq_fm"q_fm"LjZ\Zihy\eyeZkvlZf]^_kbevg__ijb]j_\Zehkhegp_Y ihijhkbe_]hqlh[uhgijbg_kfg_dgb]m?kebg_hklhjh`ghkhj\_rvebklbdk jhkbgdhc]^_"h qzf"ijbdZdhfmkeh\bb"dZi_evdZkdZlblky\gbaQlhdh]^ZihlhfmqlhdZd]^_qlh[u_kebAZlj_sZe ² lj_kd gZ\Zebebkv ² gZ\Zeblky ihy\eyeZkv ²ihy\blkyijb]j_\Zeh²ijb]j_lvihijhkbe²ihijhkbl Fu m\b^_ebqlh\heqbpZ ijhe_aeZ \f_kl_k \heqZlZfb\ ghjmDh]^Zfu ijb[eb`Zebkv d ljhibgd_a\hg dhehdhevqbdZ m^Zeyeky ^Zev <kx ghqv abfZ \yaZeZ \y`_l djm`_\gu_mahju qlh[u ijbgZjy^bebkv ^_j_\vy AZp\_eb p\_l kZ^u b\kya_fey \ kZ^mih[_e_eZ [_euchle_i_kldh\y[ehgv<_l_jaZrmf_e b kdhjhaZlbo?keb\_ldZ dZqg_lkyk g__miZ^_l kg_]Ko_fuqlh"aZq_f"dh]^Z"bbb Y \k_]^Zm^b\eyeky^b\hdZdbaf_gy_laZf_gZijbjh^m kg_] Qlh[u \iheg_ gZkeZ^blvky keZ^hklv wlhc dZjlbghc y\ur_e\ ihe_GZklmiZebabfgb_kmf_jdbb [_eucfjZdh^_\Zeh^_lva_fexG_[_kZjZkkuiZebkvkg_`gufimohfb gZihegbeb__ ihjZabl_evghclbrbghcY \hjhlbeky^hfhcb k gZkeZ`^_gb_f keZ^hklv oh^be oh^ih^hjh`dZfkZ^ZAZk\_lbebkvk\_lh]hgvdb\ ba[Zob [e_^gucemqe_]ihi_j_dmebpuKo_fuijbdZdhfmkeh\bb"qlh"dm^Z"bdh]^Z" Jy[qbdbih^imkdZxld k_[_[ebadhiha^g_chk_gvxdh]^Zih^f_jaZ_lL_i_jvy ihgyeqlh]^_lhih^a_fe_cKj_^bl_fguo^_j_\v_\y gZr_eiheygmKlhyeZlbrbgZb a\_g_eb]^_lhg_\b^bfu_`mdbih_lfZe_gvdbcjmq__d]^_khrebkv[_eu_[_j_adbdh]^Z"qlh"dZdmx"bHljh^bfhc\_ldbhlhj\Zeky J_[ylZihrebq_j_afhklihlhfmqlhb ihe_l_eahehlhcebklbihq_fm"e_^gZj_d__s_g_hdj_i Hk_gv jmfygbl dbklb jy[bg b \ e_km aZ]hjZxlky yjdb_nhgZjbdb Fuk g_l_ji_gb_f`^Zebdh]^Zd gZf\ kZ^hiylvijbe_lyl kd\hjpu Y ex[ex kemrZlv kd\hjpZ jZggbf mljhf dh]^Zi_j\uc jhah\uc k\_l aZjb hdjZkbl ^_j_\vy Y \b^_e h^gZ`^udZdkd\hjpuhl]hgyebhl]g_a^Z]ZehdIjhoh^bl \j_fy Z \u g_ aZf_qZ_l_ qlh fZe_gvdb_ kd\hjpu\ujhkeb< gZr_fkZ^mjZkp\_eblxeviZgub gZjpbkkuGZklmibebdZgbdmeub j_[ylZjZat_oZebkvba]hjh^ZY \ayeZ\[b[ebhl_d_dgb]mdhlhjmxfg_ihkh\_lh\ZeZfZfZ LboZy ghqv himklbeZkv gZ^]hjh^hfLboZyghqvhimklbeZkvgZ^]hjh^hfdh]^ZgZrkZfhe_lijb[eb`Zekyd a_fe_FZfZij_^mij_^beZ©G_aZ[m^v\aylvdexqbªFZevqbdbkim]Zgghijhr_ilZe©Y [hxkvª©AZ\ljZy moh`m\ ihoh^ª²g_h`b^Zgghh[ty\be<h\dZ©Kdhevdhk_cqZk\j_f_gb"ª²kijhkbeg_agZdhf_p:©Iª ©I"ª²Z>_`mjguckdZaZe©DeZkkd mjhdm]hlh\ª:©Iª©< ihoh^ihc^_f\k_ª²aZy\bebj_[ylZ©Iª²Z>ZrZgZibkZeZaZibkdmfZf_©FZfZy aZ^_j`mkv\ ]bfgZabbª:©Iª ©JZa\_ kljZmk g_ e_lZ_l"ª ² m^b\beZkv ^_\hqdZ ©I"ª²Z ©: Kg_`gZy dhjhe_\Z g_ fh`_l \hj\Zlvky kx^Z"ª ²kijhkbeZ jZa ^_\hqdZ ©Imklv lhevdh ihijh[m_lª ² kdZaZefZevqbd<^jm]fZevqbd\hkdebdgme©F_gydhevgmehijyfh\k_j^p_ª ©DZc qlh lu ^_eZ_rv"ª ² \kdjbdgmeZ ^_\hqdZ Hgdjbdgme =_j^_\ kZfh_moh©Fg_iha\hebebihdZlZlvkygZ[hevrhciehsZ^bk ^jm]bfbfZevqbdZfbª=O:g^_jk_gM <Zjb[ueqb`Qb``be\ de_ld_b gbjZamg_i_e<ZjykdZaZeZqb`m©IhjZqb`i_lvªQb`hl\_lbe©Imklbf_gygZ\hexGZ\he_y [m^m\_kv^_gvi_lvª GZ mebp_ \ lhei_ aZ[em^beZkv fZe_gvdZy ^_\hqdZ ;_]Z_ldjbqbl bs_l k\hx fZlv GZjh^ kijZrb\Z_l m g__ ©DZdZy `_l\hyfZfZ"ª: ^_\hqdZkd\havke_au]h\hjbl©JZa\_\ug_agZ_l_"FhyfZfZemqr_\k_oª KlZjbd kZ`Ze y[ehgb ?fm kdZaZeb ©AZq_f l_[_ y[ehgb">he]h`^Zlv hl wlbo y[ehgv ieh^Z b lu g_ kt_rv bo y[ehqdZªKlZjbdkdZaZe©Y g_kt_f^jm]b_kt_^ylFg_kiZkb[hkdZ`mlªELheklhc ;ukljh jZklZye ih^emqZfb yjdh]h khegpZ kg_]Ohjhrb e_lhf ]eZaZklu_ jhfZrdbB^_rv \ lbrbg_b moZ dhkg_lky ljm[guc a\mdKo_fu >@ >@ >@b >@ EbkZih^iheaeZd iheugv_]^_ieZ\ZeZK_jZyR_cdZ E_lhf [m^_l \ukhdbc mjh`Zc ljZ\ _keb \ Zij_e_ gZaZeb\guoem]Zoklhbl\h^Z Dh]^Z \ahreh khegp_ h`be dZ`^uc dmklbd I_j\ufbljhgmebkvgZx][hehlgu_ilbpuihlhfmqlh [hehlZ m`_gZqbgZebaZf_jaZlvDh]^Zkhegp_ih^gyehkv\kyhdj_klghklvhaZjbeZkvk\_lhfG_[haZ\hehdehlmqZfbb gZqZeZkv]jhaZ Himklbebkve_]db_kg_`bgdbgZljhibgdbHimklbebkve_]db_kg_`bgdbgZljhibgdbb ih[_e_eh\k_\hdjm] Himklbebkv e_]db_ kg_`bgdb gZ ljhibgdb ih dhlhjuflhevdhqlhijhr_egZrhljy^ Khegp_ hk\_lbeh ihey b kh]j_eh a_fex Ih^mekbevguc \_l_j b gZqZeky ebklhiZ^ Fu ih^hreb d ha_jm \dhlhjhf ieZ\Zeb qm^_kgu_ ilbpu >bdlhj khh[sbe ©AZ\ljZh`b^Zxlky^h`^bª ©Hey dmib ih`ZemcklZ fhehdZª ² ihijhkbeZfZfZ Kljhcgu_ dhkydb `mjZ\e_c ihlygmebkv \ ^Ze_db_ kljZgu Ihdjm`bebkv hgb gZ^ iheyfb e_kZfb ]hjh^Zfb GZ hl^uohklZgh\bebkv\ e_kmGh\hlihdZaZeZkvjZggyyahjvdZb `mjZ\ebhiylv hlijZ\eyxlky \ imlv K g_[Z keurbf bo ijhsZevgu_ ]hehkZ>hk\b^Zgby`mjZ\eb Ijhr_e kbevguc ^h`^v gh kZ^h\Zy ^hjh`dZ [ukljh\ukhoeZG_[hgZofmjbehkvb kdhjhihebe^h`^v;Z[mrdZ\^hogh\_gghi_eZb ieykZeZ \_kv\_q_j ;hjbk ihemqbe kjhqgmxl_e_]jZffmhljh^bl_e_cdhlhju_`beb\ ^_j_\g_IjbreZ \_kgZ aZa\_g_eZ dZi_ev KZrZ ijhr_ilZeZ ©Y kijyqmkvaZlh^_j_\hª Dhj_gvkeh\Zdhj_gv^_j_\Zdhj_gvam[Zdhj_gv\hehkZfZl_fZlbq_kdbcdhj_gvdhj_gvaeZ =h\hjyl²]h\hjih]h\hjdZqZku²qZkklhyl²klhyki_rZl ² ki_rdZ hlklZxl ² hlklZlv kfhlj_eb ² kfhljbl\bkyl²\bkgmlv >h`^v mkgmeHlkhegpZ`_ih^gyeZkv km_lZ \_ljZ\at_jhrbebkv ^_j_\vyaZ[hjfhlZeb ljZ\u b dmklZjgbdbB ^Z`_kZf^h`^vkgh\Z\klZ\ZegZgh]bjZa[m`_ggucs_dhqms_cl_iehlhcb kh[bjZek\h_l_eh\ h[eZdZIh:IeZlhgh\m <k_ e_lh ebklvy ih^klZ\eyeb khegpm k\hb eZ^hrdb bs_qdb kibgdb b `b\hlbdb B ^h lh]h gZebebkv b ijhiblZebkvkhegp_fqlhd hk_gbklZebahehlufbAZrmf_e \ e_kmahehlhc^h`^vDZiey ihebklbdms_edg_lbkhj\_lky ebkl Kbgbpu gZ \_ld_ aZ\haylky b [juagml ebklvy ihklhjhgZf<_l_j gZe_lblb aZdjm`blky i_kljuckf_jqIhdhe_gh\ ebklvyo^_j_\vy klhylEbklvy rmjrZlkdj_[mlkyehihqmlkdZqmldZqZxlky gZiZmlbgdZoRmfbl ahehlhc^h`^v F_lZnhjZ dhkl_j jy[bgu djZkghc ^mrb kbj_g_\mxp\_lvg_h[]hjyljy[bgh\u_dbklbHebp_l\hj_gb_hl]h\hjbeZjhsZahehlZyg_ijhiZ^_lljZ\Z`mjZ\ebg_`Ze_xl[hevr_gb hdhfWibl_l\_k_eufyaudhfjhsZahehlZy[_j_ah\ufyaudhf;_j_ah\ucjy[bgh\uc]jmklgucAhehlZy\_k_eufdjZkghc K kbghgbfZfb\djb\vb \dhkvi_j_eb\Zlvbaimklh]h\ ihjh`g__^hihju^h\j_f_gbgbdhgpZgb djZxp_eb g_\j_^bfmfaZjZamfaZoh^blbah]gy^Z\ iheufyp_ebdhfb iheghklvxK ZglhgbfZfbk [hevghc]heh\ugZa^hjh\mxagZlv\k_oh^ub \uoh^uhlfZeZ^h\_ebdZgb ^Zlvgb \aylvgb `b\gb f_jl\jZghbebiha^gh\^hevb ihi_j_db klZjb feZ^g_gZ`bagvZgZkf_jlvGbklZlvgb k_klvgb ijZ\gb \bgh\Zlb gZrbfb \Zrbfb ^mrhcb l_ehf\ h]hgvb \h^mdZdg_[hb a_feygb l_iehgb oheh^ghOh^u²\uoh^u Ohjh\h^u\h^blv\h^blvdhfiZgbx\h^blvaZghk Kuluc]heh^gh]hg_jZamf__l@b\h_keh\h^hjh`_f_jl\hc[md\uG_fm^j_ghgZqZlv ²fm^j_ghdhgqblv FZe_gvdh_ ^_eh emqr_ iehoh]h [_a^_evy Ih h^_`d_\klj_qZxl ²ihmfmijh\h`ZxlF_gvr_]h\hjb ²[hevr_^_eZc GZkf_eh]hkh[ZdZeZ_lZ ljmkZdmkZ_l <ujZklb\ ]eZaZo klj_eylv ]eZadZfb e_alv\ ]eZaZ _klv]eZaZfbfhaheblv]eZaZimkdZlviuev\ ]eZaZoehiZlv]eZaZfb]eZagZf_lZgkf_jblv]eZaZfbk ]eZa^hehc=h\hjblvaZ]eZaZ]eZaZgZeh[e_aml]eZaZjZa[_]Zxlky]eZaZjZa]hj_ebkv ^_eZlv [hevrb_ ]eZaZ ^ey hl\h^Z ]eZa aZdju\Zlv]eZaZ gZ qlheb[h gZ ]eZa ]eZa g_ hlhj\Zlv g_ ihiZ^Zlvky gZ]eZaZijylZlv]eZaZ \ y[ehdZodhgv\bk_lvgZo\hkl_aZldgmlvaZihyk\ue_l_lv\ ljm[m\hehku^u[hfaZf_lZlvke_^u >j_\gyye_]_g^Zba[bjZl_evguc[xee_l_gvfhgZr_kdZyd_evy Z^fbgbkljZpby ]hklbgbpu i_j\uc wlZ` ojmklZevguc]jZnbgkljh]Zy^b_lZZjf_ckdbcdZjZmekem`blv\ Z\bZpbbBkdhgghjmkkdb_AZbfkl\h\Zggu_i_j_ju\ZgljZdljZa[hjZgZebaklhe_lgbdZehwih[_^bl_evq_fibhg\hckdhZjfbyk_[yex[b_w]hbafjmdhie_kdZgb_Zieh^bkf_glu ;hjha^Z ² [jZa^u [j_^ ² [_j_^blv ]eZ\Z ² ]heh\Z\hehqblv ² \eZqblv djZldbc ² dhjhldbc fhehqguc ² fe_qguc ohjhgblv ² ojZgblv kljZgZ ² klhjhgZ ^jZ]hp_gguc ²^hjh]hcijhoeZ^guc²oheh^guckj_^Z²k_j_^bgZ\ha]eZk²]hehk =jZ^²]hjh^[j_]²[_j_]aeZlhc²ahehlhcojZgblv²ohjhgblvkljZ`b²klhjh` GZqm`hcklhjhgmrd_ jZ^k\h_c\hjhgmrd_M dh]hdhehk m lh]h b ]hehk Fhehl ohlv b fheh^ ^Z [v_l klZjh KqZklv_^hjh`_ahehlZ ;md\Z Zjv²[md\Zjv[_j_aZ h\uc²[_j_ah\ucohjhrbc g_²g_ohjhrbcaZ[hjqbd ²aZ[hjqbd]jb[ghc²]jb[ghc]hjh^ ijb²ijb]hjh^kujhch\Zluc²kujh\Zluc[_eucbagZ ²[_ebagZ KlZdZg qbd ² klZdZgqbd dZjfZg qbd ²dZjfZgqbdI_j_\hablvqbd ²i_j_\haqbd^hdeZ^u\Zlvqbd ²^hdeZ^qbdi_j_ie_lZlvqbd ²i_j_ie_lqbd Kmi ba ]hjhoZ ² ]hjhoh\uc ieZlv_ ba r_edZ ²r_edh\h_iZevlhbaiexrZ²iexr_\h_ Ke_]dZ k_juc ² k_jh\Zluc qmlvqmlv keZ^dbc ²keZ^dh\Zlucg_fgh]hdbkeuc²dbkeh\ZlucBa[Zba[j_\_g²[j_\_gqZlZydhe_khk am[vyfb²am[qZlh_ IbZgbgh ² ibZgbkl Zddhj^_hg ² Zddhj^_hgbkl \bhehgq_ev ² \bhehgq_ebkl ]blZjZ ² ]blZjbkl [Zyg ² [ZygbklkdjbidZ²kdjbiZqljm[Z²ljm[Zq[ZjZ[Zg²[ZjZ[Zgsbd Ba[mrdZ[Z[mrdZklZjmrdZrZemgbrdZfj_[ylbrdZf JZa]h\hjblv ih]h\hjblv hl]h\hjblv aZ]h\hjblv m]h\hjblv i_j_]h\hjblv ijb]h\hjblv h[]h\hjblv ^h]h\hjblv gZ]h\hjblvih^]h\hjblv\u]h\hjblv Lb]jbpu rZofZlbkldZfbi_j_e_amlex[bl_e_chhlhlhG_lijbklZ\dbhlph\kdbchrb[dZhkgh\Zlvhlh[jZablvhlhsZlvhlhiblvhll_i_evhlukdZlvhl\Zjblvhl\hjblvhlju\ZlvhljZ[hlZlvhl^_eZlvhlk_eblvhliZjblvhlhj\Zlvhlh^\bgmlv Ke_abgdZke_aZlvh[h[sZlvh[h[jZlvh[h]Zlblvih^h`^Zlv h[h^jblv h[hqbgZ ih^hjh`gbd ih^hdhggbd ih^hoh^gucih^hblvih^hkbgh\bdih^h^_yevgbdih^mqblvih^_j`Zlvih^h``_ggucgZ^hblvgZ^hj\Zlvbkl uc [ZjoZlbkluc \hegbkluc ]hehkbkluc^mrbkluca_jgbklucdhehkbklucie_qbkluciylgbklucbkl [Zygbkl]blZjbkl`mjgZebklfZrbgbklnb]mjbklg uc [_kdhjuklguc [_kkh\_klguc [_k[_krmfguc[_kihdhcguczj ebnlzjklZ`zj^bjb`zjmoZ`zjyl Zfb kehgylZfb \_j[ex`ZlZfb lb]jylZfbey]mrZlZfb\ugmlv\ukdhevagmlv\ugujgmlv\uiju]gmlv\ulhedgmlv :il_dZjv \jZlZjv ]eZ\Zjv \bgh]jZ^Zjv ^bdZjv iZoZjvkmoZjvKeh\Zjv[md\ZjvkmoZjv;_j_adZ ²[_j_aZ [hjh^dZ ²[hjh^Z ]heh\dZ ²]heh\Z im]h\dZ ²im]h\bpZ y]h^dZ ²y]h^Z Dhkv[Z ²dhkblvijhkv[Z ²ijhkblvj_av[Z ²j_aZlvoh^v[ Z ²oh^blvfhehlv[Z ²fhehlblv I_rdhf_ oh^blv²i_r_oh^we_dljbq_kl\hh \hablv²we_dljh\hak_dmg^Z h f_jblv²k_dmg^hf_j`b\hlgh_h \h^blv²`b\hlgh\h^]Za h ijh\h^blv²]Zahijh\h^kZf h k\Zeblv²kZfhk\Zee_^ h dhehlv²e_^hdhekg_] h hqbklblvl_ev²kg_]hhqbklbl_evkl_deh h j_aZlv²kl_dehj_a\h^Z h ijh\h^blv²\h^hijh\h^kZf h \Zjblv²kZfh\ZjkZ^ h \h^blv²kZ^h\h^]eZa h f_jblv²]eZahf_jdhgv _ \h^blv²dhg_\h^ Kihjblv hkiZjb\Zlv H[eZdh h[eZqguc Fhjhablvfhjh`_gh_ <hiev \hiblv H]mj_p h]mj_qguc DZaZd dZaZqbcdZaZpdbc<ha^mo\ha^mrgucDgyavdgy]bgydgy`_kdbc A^jZ\kl\mc²a^hjh\v_ojZgblv²ohjhgblvfeZ^hc²fheh^hc\jZlZjv²\hjhlZ]eZkguc² ]hehk kj_^Z ² k_j_^bgZ\e_dhfuc²\hehqblvQ_j_^h\Zgb_? bH kgme_fa\mdZ< ijbklZ\d_ih^ju\Zlvih^hj\Zlvih^kueZlvih^hkeZlvkju\Zlvkhj\Zlv< dhjg_[Zkgy[Zk_gguc[Zrgy[Zr_ggucq_j_rgyq_j_r_gdZm]eZm]hem]eym]heve[ueh[ev^Ze_^< kmnnbdk_neZ`dZneZ`hddehqdZdehqhdkugdZkughddZ\dZa_pdZ\dZapZ]hjh^hd]hjh^dZ ;Z]jh\uc aZdZl hjZg`_\h_ khegp_ ebeh\Zy ^Zev kbj_g_\ucieZsnbhe_lh\ucrZjnbdM^b\bl_evguc²^b\hhqZjh\Zl_evguc²qZjuij_e_klguc²ij_e_klvkh[eZagbl_evguc²kh[eZagm\e_dZl_evguc²m\e_qvky JZkiheh`_gb_ eZ]_jy iheZ]Zlvky gZ ^jm]Z ij_^eh`blv ihfhsv ibr_rv baeh`_gb_ bamqZ_rv ijbeZ]Zl_evgh_iheh`_gb_ljm^gh_i_j_eZ]Zlvklbobk\hbfbkeh\ZfbIj_^iheh`_gb_ \haeh`blv keh`_gb_ hleh`blvi_j_eh`blvij_^eh`_gb_Ij_^iheZ]Zlv \haeZ]Zlv keZ]Z_fh_ ij_^eZ]Zlv h[eZ]ZlvjZaeZ]Zlvky >_j_\vy [ukljh \ujhkeb [h]ZlZy jZklbl_evghklv\ajZs_gguc p\_lhd ^_lb aZ e_lh ih^jhkeb ih^jZklZ_l k\_`ZyljZ\Z\ujZs_ggu_\ hjZg`_j__jhau Jhkeb ² \ujhkeb aZjhkeb \jhkeb \ajhke_lvjZajhkebkvih^jhkebJZklb ² \ujZklb aZjZklb \jZklb \ajZklblv jZajZklZ_lkyih^jZklZlv JZkl_gb_ jZkl_gb_\h^ jZklmsbc ^bdhjZklmsbc hljZkev hljZke_\hc \hajZklghc \ujZklZlv jhklhd gZjZsb\Zgb_ijhbajZklZgb_ \ujZsb\Zlv ih^jZsb\Zlv ihjhkev jZajZklZlvkyjZklbl_evghy^gucaZjhkevih^jZklZxsbc<b^uhjnh]jZff\ dhjg_Ijh\_jy_fu_ G_ijh\_jy_fu_=eZkgu_K q_j_^h\Zijhbaghr_gb ijhbaghr_gb_fihke_rbiygb_f_f]eZkgu_ ]eZkgu_b khsboqmsm]eZkguob kh]eZkgu_]eZkgu_qZsZ`brbljhibgdZm]Z^ZlvagZdhfucem]h\jZ]e_kgZyklhjh`dZ^hjh]mhkhdhch\jZ]iheygZa^_kvqm\kl\mcl_k_[yihqlbaZjhkeZrbjhdbcaZjZklZxsbc qm^_kgZyjZkiheZ]Zc qm\kl\mcl_l_kvLjhibgdZihqlbaZjhkeZb kljm^hf fh`gh[uehm]Z^Zlv^hjh]m>Zevr_rbjhdbch\jZ]Z gZijZ\h bZqm^_kgZyiheygZ JZajZklZxsb_ky dmklu dju`h\gbdZ jZkkhjlbjh\Zggu_ih\_ebqbg_`zem^b`_em^z\ucjZks_iblv^hkdmgZ`zj^hqdb`_j^v hlhjhq_gguc f_ohf dZixrhg ^_rz\uc [be_l \ l_Zlj^_r_\e_qhihjguc`_klBki_qzgguc[_j_`hd k aZ``zgghc k\_qhcJZks_iblv²s_idZ Rhjhoqzjguc`zelucj_rzldZqzedZrh\JZklheqzgguci_qzrve`zrvg_kzrvkyaZ``zggucihrze Szedgme \udexqZl_ev aZ`z]ky k\_l b hdgh klZeh qzjguf Bkq_aeb hq_jlZgby ^_j_\v_\ keurZeky lhevdh rmf b^msboihrhkk_fZrbgGh kdhjh b hg klbog_l Himklblky ghqv k _z hklhjh`gufbrhjhoZfbb g_\gylgufrzihlhfKeh\Zhfhgbfudhlhju_jZaebqZxlkyagZq_gb_fagZq_gb_fagZq_gb_fb ijhbaghr_gb_fb gZibkZgb_flhiblv^jh\Zfb² ojmidbcf_ehd²kibrbkeh\Z²lhiblv\ \h^_wlhlijm^f_ehdki_rb^hfhcohqm_klv²ki_rblvgZjZ[hlm²kt_^h[guc]jb[²m f_gy_klv[be_lki_rblvdhgy\bjmkguc]jbiijm[dZe_kZ²jm[dZ j_adbcoehihd²gZiZem[_dhjZ[ey[_eucoehihdh[b`Zlv^jm]Z²h[_`Zlv\hdjm]^_j_\ZKeh\Zhfhgbfudhlhju_jZaebqZxlkyagZq_gb_fagZq_gb_fagZq_gb_fb ijhbaghr_gb_fb gZibkZgb_febkbqdb²`b\hlgu_ bjbk²dhgn_lZebkbqdb²]jb[ubjbk²p\_lhdKeh\Zhfhgbfudhlhju_jZaebqZxlkyagZq_gb_fagZq_gb_fagZq_gb_fb ijhbaghr_gb_fb gZibkZgb_fdhkbldhk_p²aZcqbrdZdhkblljmkblljmkbrdZ²hkebdljmkbl Ih]hjbahglZebE_dkbdZKbghgbfuIh\_jlbdZebHfhgbfu:glhgbfu FZfZ<ZkbEx[bfh\ZqZklhmihlj_[ey_lkeh\Zbgt_dpbyrijbp gZjdha Zfimlbjh\Zlv j_ZgbfZpby HgZ jZ[hlZ_l \[hevgbp_Hl_p<Zkbom^h`gbd_]hj_qvihegZkeh\Zfbl_fi_jZ hojZ ohekl dbgh\Zjv ih^jZfgbd;Z[mrdZjZ[hlZ_l\ lbih]jZnbb Z ihlhfm qZklh bkihevam_l keh\Z rjbnl j_^Zdlhjdhjj_dlhj nhjaZp dgb]b i_j_ie_l : \ j_qb ^_^mrdb g_j_^dhf_evdZxlkeh\ZZeb[b Zfgbklby km^_[gucwdki_jl bkl_p h[`Zeh\Zgb_ihlhfmqlhhgfgh]he_ljZ[hlZ_lkm^v_c A_e_gy habfv ² a_e_guc fhehly]Z ijbkihkh[e_gb_^eyfhehlv[u]hjhoZ²fhehlblvdmjgbdibjh]k dmjbguffykhf ² dmjbpZ ihjh`gbd ibjh] [_a gZqbgdb ² ihjh`gbc\urdZ q_j^Zd ² \ukv i_\mg i_lmo ² i_\qbc mlbjZevgbdihehl_gp_ ² \ulbjZlv djml_gv f_l_ev \vx]Z ² djmlblvjZghdmljhi_j\Zyiheh\bgZ^gy²jZggbchk_ggbpZg_gZklgZyih]h^Z²hk_ggbc S_db²eZgbluiZe_p²i_jklr_y²\uygZijZkgh²\k_^hqv²^s_jvhq_gv²a_ehqlh[u²^Z[ulh_klv²kbj_qv ihlhfm qlh ² ihg_`_ ih[_^Z ² \bdlhjby iZjmk ²\_ljbehe_\ZyjmdZ²rmcpZdhlhjuc²b`_]eZagu_\_db²\_`^u ihdZ ² ^hdhev ^_\hqdZih^jhklhd ² hljhdh\bpZ \hj²lZlvk\b^_l_ev²ihkemodj_klvygbg²kf_j^qbgh\gbd²lbmg obljhklv² dexdZ i_qZev ² lm]Z jZ[ugy ² qZ]Z dhgv²dhfhgv]jyav²[jm^fhegby²[ebklZ\bpZkdhl²]h\y^i_lmo²dmj\kZ^gbd²_a^_pkijZ\Z²h^_kgmx Ba^Z\gZ ² ^Z\gbc hlf_qZeky ² hlf_lblv `bevy ²`blv ijhgbdZeh ² ijhgbdgmlv klZjrbgkl\m ² klZjrbci_qgh_ ² i_qv ijb]hlh\e_gb_f kiZeZ ² kiZlv kljyighc ²kljyiZlv ^\_jghc ² ^\_jv ^Z\Zlv ² ^Zlv gZagZq_gb_ ²gZagZqblv Ijh\_jy_fu_²p\_lms_fmp\_ljhkbgd_jhkuG_ijh\_jy_fu_²hljZ`_ggu_jhfZrdbQ_j_^h\Zgb_²\ujhkrb_I_j_^Zlvho\Zlu\Z_l\ujhkrb_ HdhgqZgb_ hlt_oZlv h[ty\e_gb_ \eh`blv k[jhkblv^h^_eZlvihfulvih^\_albij_^eh`blvi_j_kljhcdZijhoeZ^ZgZ\_kgZ^klZ\blvaZagZcdZ>k@kiho\Zlblvkyknhlh]jZnbjh\Zlvkyk\_albk>a@k[blvkyk^_j`b\Zlvky>`@k`bfZlvk`_\Zlvk`mevgbqZlv GZ^ibkv ih^o\Zlblv h[klZ\blv hl^ZqZ hl[hc hla\mdk^_eZlv <h^blv ² jZa\h^blv ba\h^blv \ha\h^blv o\Zeblv ²jZko\Zeblv p_gguc ² [_kp_gguc ]jZ[blv ² jZa]jZ[blvdbgmlv²jZkdbgmlvoh^blv²\hkoh^blvgbkoh^blvihe_aguc² [_kihe_aguc \Zjblv ² jZa\Zjblv ]hgylv ² jZa]hgylvba]hgylv[_^guc²[_a[_^guc ;_a]jZgbqguc bajZkoh^h\Zlv [_klhedh\uc \ha^_eu\Zlv jZkp_eh\Zlv gba\_j]Zlvky \h^hiZ^ \a[m^hjZ`blv jZa]g_\ZlvK[b\Zlvk]b[Zlvk^_eZlvk]hj_lvk[jblvk^_j`Zlv >\_jpu ijh^Z\sbpu [mn_lqbpu hlebqgbpu >_fhgkljZpby ² ^_fhgkljZpbhgguc ZdZpby ² ZdZpb_\uc^_abgn_dpby²^_abgn_dpbhggucpbjd²pbjdh\hcj_i_lbpby²j_i_lbpbhggucklZgpby²klZgpbhgguc ;_kdjh\gZy j_\hexpby ijZa^gbqgZy ^_fhgkljZpby bgl_j_kgZye_dpbyeh\dbcpu]Zgq_jlblvpbjdme_f\ujbkh\u\Zlvpbnju Fbebpby ihebpby bglhdkbdZpby bgn_dpby bgkljmdpby Z]blZpby dhee_dlb\baZpby dhee_dpby dhgkljmdpby Z\bZpby Zll_klZpby dhehgbaZpby dhgdmj_gpby beexfbgZpby beexkljZpby P_ebgZ²p_eucp_gZ²p_gguc J_hj]ZgbaZpby Zjfbb ^_fhgkljZpby fh^ ijZa^gbqgu_mebpu pu]Zgkdb_ lZgpu [hevrb_ pbnju iZjZ^gu_ e_klgbpudjZkhqgu_kljZgbpup\_lmsb_ZdZpbb K \_jguf lh\Zjbs_f²gZqZevgZynhjfZ²\_jgucbfyijbeZ]fm`j_^qLiIh^]hgy_l ²gZqZevgZynhjfZ²ih^]hgylv]eZ]he_^qgZkl\j_ eFbfh]hjh^Z ²gZqZevgZynhjfZ²]hjh^bfykmsfj_ kdeJi;hevr h]h dhjZ[ey ² gZqZevgZy nhjfZ ² [hevrhc bfyijbeZ]fj_^qJi;_j_] ml ² gZqZevgZy nhjfZ ² [_j_qv ]eZ]he fgqgZkl\j_ eK ijbklZgb ²gZqZevgZynhjfZ²ijbklZgvbfykms`j_ kdeJi Kl_deyggucrZj kl_deyggh]h rZjZ kl_deygghfm rZjmkl_deyggucrZjkl_deyggufrZjhfh kl_deygghfrZj_=jhfdh kihjblv ]jhfdh kihjx ² ]jhfdh kihjbf ]jhfdhkihjbrv²]jhfdhkihjbl_]jhfdhkihjbl²]jhfdhkihjylkmskmsijbe]eZ] Z JZ[hl Z jZ[hq b_ jmdb jZ[hlZ lv jZ[hlgbp Z kmsaZjZ[hlhd [JZ[hlZlvjZ[hlZ_fjZ[hlZ_rvjZ[hlZxljZ[hlZxLjm^gZy jZ[hlZ bgl_j_kgZy jZ[hlZ x\_ebjgZy jZ[hlZ kjhqgZyjZ[hlZkh\f_klgZyjZ[hlZEh\dhjZ[hlZlv x\_ebjgh jZ[hlZlvohjhrhjZ[hlZlv iehohjZ[hlZlv[ukljhjZ[hlZlv =eZ]he_ e_^qhl\_qZ_rvieZq_rvkljhbrv gZi_\Z_rvohohq_rv=eZ]hekijfgq_ ekfhljbfg_gZ\b^bfkljhbfibebfBfykms_ kde_^qIi\ [_jeh]_h xghr_\ dgb]_\^_j_\g_Bfykms_ kde_^qJig_lkf_ehklbojZ[jhklb^h[e_klbfm^jhklbBfykms_ kdely]Zq\jZqdZeZqkf_jq G_ [ue ]eZ]he \ Db_\_ kms kde Ii h Jh^bg_kmskdeIihdhehjhsbkmskdeJibebhdhehjhskms kde ieZs kms kde g_ ohqm ]eZ]he ihfhsvkms kde dZeZq kms kde g_l f_ehqb kms kde \jhs_kmskdeIi\ h[eZklbkmskdel_ieufijbe_^q Li [_j_qv ]eZ]he gn fh`_rv ]eZ]he e _^qkijyqvky]eZ]heih\gZdeooaZ\ljZdZ_ldh]^Z"mljhf ibr_ldZd"g_ZddmjZlghoo`b\_l]^_"g_^Ze_dh ieZq_laZq_f"ihgZijZkgmooih\hjZqb\Z_ldm^Z"gZe_\h \b^bl]^_"kijZ\ZoojZa^Z_lkyhldm^Z"ba^Zeb _^_lhldm^Z"hldm^Zlho_^_lgZkdhevdh"gZ\k_]^Z Jifh_]hdeZkkZfh_cl_ljZ^bfh_]hbaeh`_gby>ifh_fmdeZkkmfh_cl_ljZ^bfh_fmbaeh`_gbxIih fh_fdeZkk_h fh_cl_ljZ^bh fh_fbaeh`_gbbFhc²f_klhbf_gb_ Hj_eklj_fbl_evgh \afue\\ukv b bkq_a\ g_[_kZoF_^\_^ve_agZijhehfg_jZa[bjZy^hjh]bAZypklj_fbl_evgh fqZekyhlhohlgbqv_ckh[ZdbEbkZhklhjh`gh ih^djZ^u\ZeZkvd k\h_c^h[uq_Lb]jk\bj_ih juqZeh[gZ`Zyk\hbdeudb >h[ju_\_klbg_e_`Zl gZf_kl_>_ehfZkl_jZ[hblkyJZ[hqb_jmdbg_agZxl kdmdbG_kjZamFhkd\ZkljhbeZ kv<b^bl hdh^Ze_dhZ mf_s_^Zevr_Fbjhk\_sZ_lky khegp_fZ q_eh\_d²agZgb_f<hjhg_khdhehfg_[ulvIh]h\hjdb Hklhjh`gh aZf_lblv aZy\blv f_`^m ijhqbf jZ^hklgh\hkdebdgmlvaZy\blvg_ij_dehgghijhbaghkblvaZ^mfqb\hh[tykgylvl_ji_eb\h IZoZlv [hjhgblvk_ylv dhkblv fhehlblv RlmdZlmjblv[_lhgbjh\ZlvdjZkblvhebnblv<Zjblvi_qv\yaZlvrblv`Zjblv]hlh\blv Fh`_l [mevdZlv ² \h^Z kmi fh]ml lbdZlv ² qZkufh`_l `mjqZlv ² jmq_c ]hehkhd fh`_l r_e_kl_lv ² kljZgbpu dgb]b ebkl\Z fh`_l `m``Zlv ² fmoZ iq_eZ imeyfh`_l]jhohlZlv²ih_a^]jhff_[_evh[m\v G_ jZkiheZ]Z_rv g_ fh`_rv g_ hleh`brv g_ ohq_rvg_[m^_rvg_qm\kl\m_rvg_e_lZ_rvg_]h\hjbrv?fm g_a^hjh\blky g_gZ\b^brv ljmkhklv g_]h^h\Zlv ijhlb\g_kijZ\_^eb\hklb g_^hmf_\Zx baaZ hlf_gu ki_dlZdey kbevghg_^hfh]Z_l_cg_^hklZ_lagZgbcg_`brvkygZkhegurd_g_^hex[eb\Z_rvkhk_^_c EZkdh\h_ keh\h kZfhfm gbq_]h g_ klhbl Z ^jm]hfmfgh]h ^Z_lG_ [m^v h\phc lZdb \hed g_ kt_kl G_ i_jhfibrmlZ mfhfG_\ k\hbkZgbg_kZ^bkvQlhgZibkZghi_jhfg_\ujm[brv lhihjhf;_a ljm^Z g_ \ulZsbrv b ju[dmbaijm^Z G_ qm\kl\m_rv g_ hiZkZ_rvky g_^hfh]Z_rv g_gZ\b^brvg_ijyqvkyg_[ueg_fh]g_jZaebqZ_rv g_a^hjh\blkyg_hklZgZ\eb\Z_rvkyg_hl\Z`b\Z_rvky?oZlv²ijb_oZlvm_oZlv`Zlv²k`ZlvjZa`Zlv\_alb²ijb\_albhl\_albkuiZlv²ih^kuiZlvhlkuiZlv Ih^ihealb d jZg_ghfm \uihealb ba mdjulby ^hihealb^h hdhiZ ijbihealb gZ i_j_^h\mx i_j_ihealb q_j_a jmq_ckihealbk i_qdb AZp\_lZ_l^he_lZ_laZghqm_l Ih[_^blvijbdZaZlvj_rblvihiulZlvkyhrb[blvkykfmlblvaZbgl_j_kh\ZlvkyjZkihjy^blvkyh[b^_lvqlh^_eZe"qlh^_eZe" ;ukljh[ukljh djmlbeky kijZ\Z gZe_\h kdjmqb\Zekyqlh^_eZe"qlh^_eZe"qlh^_eZe"\ae_lZe\\_jokgh\Zre_iZehiylv\ae_lZeQZk qlh k^_eZe" gZklmibe qlh k^_eZeh" ih\e_deh jy^ Z\lhfh[bev qlh k^_eZe" nujdgme ]m^hd qlh k^_eZe" ^hg_kkynhjlhqdZqlhk^_eZeZ"oehigmeZk\g\k\g\ DZkZlvky²dhkgmlvkyrZ]Zlv²rZ]gmlvk\k\g\g\fZoZlv²fZogmlvk\_jdZlv²k\_jdgmlvk\g\k\g\lhedZlv²lhedgmlv]ehlZlv²]ehlgmlvg\k\djbqZlv ²djbdgmlvKe_]dZ dhkgmlvky hlqZyggh fZogmlv j_rbl_evgh rZ]gmlvg_h`b^ZgghdjbdgmlvHg hlqZyggh fZogme jmdhc ihlhfm qlh m g_]h hiylv gbq_]hg_ihemqbehkv>h[jh\hevpuj_rbl_evghrZ]gmeb\i_j_^Hev]Zg_h`b^ZgghdjbdgmeZ\ke_^moh^ys_fmih_a^mg\g\k\k\ Ihkfhlj_lv²ihkfZljb\Zlvih]ey^_lv²ih]ey^u\Zlvk\g\k\g\\u[jhkblv² \u[jZku\Zlvkjbkh\Zlv² kjbkh\u\Zlvg\g\k\k\jZkkfhlj_lv² jZkkfZljb\ZlvaZdhehlv² aZdZeu\Zlvg\k\g\k\kibkZlv²kibku\Zlv\ulZsblv²\ulZkdb\Zlvg\ Y _`_^g_\gh ih qZkm aZgbfZxkv nbadmevlmjhc Dk\g\k\gZf g_h`b^Zggh ijb_oZe h[_^Zlv gZr ^jm] OeugmeZ \^jm]g\]hjyqZy \h^Z >h`^v ebe p_euc ^_gv Hg k dZ`^uf ^g_fg\g\\ajhke__lHg^he]hj_rZewlmaZ^ZqmY \j_fyhl\j_f_gbg\i_j_qblu\Zxwlmdgb]m Ko_fZijb AZf_j_lvhlibjZlvaZfbjZlvjZkl_j_lv[e_kl_lvjZkklbeZlvkh[bjZlvhli_j_lvjZkkl_eblv Kh[_j_rv²kh[bjZlv\uq_e²\uqblZlvm^_j_rv²m^bjZlvaZ`_]²aZ`b]Zlv[e_klbrv²[ebklZlv\uf_j²\ufbjZlvaZi_j²aZibjZlvjZkkl_eblv²jZkklbeZlv <hdjm] jZkklbeZxlky [_kdjZcgb_ ihey GZ^h [uehkh[bjZlvkmqvyb jZa`b]Zlvdhkl_j Ilbpg_ [ueh[m^lh hgb\uf_jebGZg_[_[ebklZxla\_a^u >jmavy[ukljhijbfbjbebkvGbdhfmg_ohl_ehkvmfbjZlv[_kp_evghg\k\j_rZlvj_rZej_rblvj_rbegZoh^blvgZoh^beZm\e_dZlvm\e_dZebg_kh\\b^gZclbgZreZm\e_qv m\e_debg_kh\\b^ <b^bl ²\b^_lveZ_l ²eZylvkh\\b^g_kh\\b^keurbl ²keurZlv\u[jhrm ²\u[jhkblvkh\\b^g_kh\\b^\ue_lbl ²\ue_l_lvg_gZ\b^bl ²g_gZ\b^_lvkh\\b^g_kh\\b^g_kh\\b^kde_be ²kde_blv_a`m ²_a^blv_^m ²_oZlvkh\\b^kh\\b^Ijb\_aeb ²ijb\_albijb\_eb ²ijb\_klbkh\\b^g_kh\\b^ijhreb ²ijhclb]j_[m ²]j_klbg_kh\\b^g_kh\\b^ihea_l ²ihealbie_l_l ²ie_klbg_kh\\b^kh\\b^[j_^m ²[j_klbaZp\_e ²aZp\_klbg_kh\\b^g_kh\\b^Kljhylky²kljhblvkykljb`_lky²kljbqv kyg_kh\\b^g_kh\\b^g_kmlky²g_klbkvfh]m ²fhqv g_kh\\b^kh\\b^[m^_rv ²[ulvhklZgh\be ky²hklZgh\blvkykh\\b^h[`_] ky²h[`_qv ky ;_`Zlv\h\_kv^mo²fqZlvky\ue_l_lv\ ljm[m²ijh]hj_lvkfhlj_lvkd\haviZevpu²g_aZf_qZlv\h^blvaZghk²h[fZgu\Zlv oh^blv gZ aZ^gbo eZidZo ² ijbkem`b\Zlvky [_kblvkyk `bjm²ijb\_j_^gbqZlv Fbj qlh ^_eZ_l" hk\_sZ_lky agZgb_f Dlh g_ mf__lqlh ^_eZlv" ih\bgh\Zlvky lhl g_ mf__l ih\_e_\Zlv >jm] aZ^jm`dmqlh^_eZlv"^_j`Zlvky ²gbq_]hqlh^_eZlv"g_[hylvky=jZfhl_qlh^_eZlv" mqblvky \k_]^Z qlh k^_eZ_l" ijb]h^blkyDlhex[blljm^lhfm[_a^_eZqlh^_eZ_l"g_kb^blkyEx[brvqlh^_eZlv"dZlZlvky ²ex[bb kZghqdb\hablv >_\hqdZ qlh ^_eZ_l" ijbq_ku\Z_lky mfu\Z_lky \ulbjZ_lkyh^_\Z_lkymeu[Z_lkykf__lkyklZjZ_lkydZlZ_lkyOhq_lky qlh k^_eZlv" jZkkf_ylvky meu[gmlvky ihdZlZlvkybkdmiZlvkyknhlh]jZnbjh\Zlvkykh[jZlvkygZmqblvky>he`_gqlh ^_eZlv" kljbqvky [_j_qvky mqblvky klZjZlvky^_j`Zlvkyijbkemrb\Zlvky\_k_eblvky A_fey f_gyeZkv jZgvr_ A_fey [m^_l f_gylvky ihlhf bijhklhg_\_jhylghij_^iheh`blvqlhhgZg_f_gy_lkyk_cqZkJh`^Zxlkyb ]b[gmlhkljh\Zba\_j]Zxlky\medZgukf_sZ_lkyf_klZfbdhjZG_hklZ_lky\ ihdh_hd_Zgkdh_^ghi_j_f_sZ_lkyf_klZfbb kmrZDh_]^_hgZih^gbfZ_lkyb mdhglbg_glh\ihy\eyxlky gh\u_ d\Z^jZlgu_ dbehf_lju A_fey ^\b`_lky bk_cqZkIh;Eyimgh\mHkljh\Z ² hkljh\ghc hkljh\db hd_Zgkdh_ ² hd_Zg ihdhc² [_kihdhcguc dhglbg_glh\ ² dhglbg_glZevguc d\Z^jZlgu_²d\Z^jZldbehf_lj²dbehf_ljh\ucIj_^iheh`blv²ij_^iheZ]Zlv Hl kbevgh]h \_ljZ m DZlb qlh ^_eZxl" ke_aylky ]eZaZ<hdjm]l_ZljZqlh^_eZ_l"lheiblkygZjh^GZn_klb\Zev^he`gu qlh k^_eZlv" kt_oZlvky ij_^klZ\bl_eb klZ ]hjh^h\ MadZyljhibgdZ qlh ^_eZ_l" \v_lky f_`^m kdZeZfb Kg_] fy]dh qlh^_eZ_l" eh`blky gZ a_fex ©Gbq_]h qlh k^_eZ_l" kl_jiblkyª²m]h\Zjb\Zemqbl_evkms]eZ] GZ^ihe_f`Z\hjhghd \v_lky]eZ]kms<hj`bkbg_xl \Zkbevdbkms]eZ]B khegp_ \_k_ehkf__lky>²< ijhajZqghfa_jdZe_j_dbDNhnZgh\kms@>²@b >²@]eZ]LZf\_q_jZ k]msZxlkykmsijbeijbe<ha^mo \eZ`_g b ^mrbkl]eZ]B jhkhxmfu\Z_lky >²kms@>²b@b >²@GZ^_j_\vyodZ`^ucebklK>jh``bg\v_lky²>\¶M¶hpZ@ ?keb[u^ZdZ[u\ujhkeb khkeZ]\hjlm]jb[ulhb[ue[u khkeZ]g_jhlZ h]hjh^< jZ^hklbagZc ih\f_jm\[_^_\_jug_l_jyc ih\Aehcq_eh\_db kZfh]hk_[yg_gZ\b^bl baty\G_[m^v ih\mijyfZ [m^v ih\ijyfQ_f[u ^bly gb l_rbehkv khkeZ] ebrv [u g_ ieZdZeh khkeZ] Dlhex[bl baty\ljm^blvky gnlhfm[_a^_eZg_kb^blkybaty\IjZ\^Z\ \h^_g_lhg_l baty\\ h]g_g_]hjbl baty\ G_ ]hj^bkv ih\ a\Zgb_f Z ]hj^bkv ih\ agZgb_f >h[ju_mfbjZxl baty\Z ^_eZbog_ijhiZ^Zxl baty\ B g_ ibe [u b g_ _e ² \k_ [u kemrZe ^Z ]ey^_e: Imrdbg©DZ[uy [ueZpZjbpZ²]h\hjbl__k_kljbpZ²lhgZ\_kv[ufbjh^gZgZldZeZ[u ihehlgZª:ImrdbgHoe_lhdjZkgh_Ex[be[u y l_[ydh]^Z[ g_aghc^Ziuev^ZdhfZju^Zfmob:ImrdbgOhlv[u f_kypwlZd\ rmldmd gZfijh]eygme gZfbgmldm\k_[ue_]q_I?jrh\=ey^_e[uy p_euc^_gv\ l_e_\bahj_keb[ug_fZfZ?keb[ug_[uehlZdljm^ghy ex[be[ufZl_fZlbdm ?keb [u fZfZ iha\hebeZ lh y [u ihr_e \ ihoh^ ?keb [u \k_ ex^b [ueb \gbfZl_evgu ^jm] d ^jm]m lh klZeh[u f_gvr_ aeZ gZ a_fe_ DZd [u y [ue kqZkleb\ _keb [uijb_oZeZfZfZ?keb[ufhc^jm]g_ex[be`b\hlguolhy g_ih^Zjbe[u_fmohfyqdZ?keb[um f_gy[ueZkh[ZdZlhy [umoZ`b\ZeaZg_c ;ulv²[m^v ²[m^vl__klv²_rv ²_rvl_[_`Zlv²[_]b ²[_]bl_\_alb²\_ab ²\_abl_\hablv²\hab ²\habl_j_aZlv²j_`v ²j_`vl_`Zjblv²`Zjv ²`Zjvl_fhqvih\g_mihljohl_lvih\g_mihlj\b^_lvih\g_mihljieZdZlv²ieZqv ²ieZqvl_rblv²r_c ²r_cl_ih\ K_ch\_kdh]^Z[_j_ah\ucebklklZg_l baty\jZkimkih\dZlvky gnYqf_gvk_cdh]^Zp\_l_l baty\dZebgZih\?\k_c?\k_cfmdmijhk_cbaty\: ijhk__rv fmdm²ih\Bki_db\ i_qbdZeZqbih\>Zf_qbgZklhe]hjyqbih\>h`^bde_ce_ce_cGZf_gyb gZex^_cGZex^_ciheh`d_GZf_gyihdjhrd_: gZ;Z[mY]m²ih\E_cihp_ehfm\_^jm OjZgb h]hgvjh^gh]hhqZ]ZB g_ihaZjvky gZdhkljuqm`b_²LZdbfaZdhghfgZrbij_^db`bebB aZ\_sZebgZfq_j_a\_dZOjZgb h]hgvjh^gh]hhqZ]ZHNhdbgZ>Z\ZcG_gZ^hfmqblvkyAZihfgb wlhgZ\k_]^Z< k_[yih\_jblv\Z`ghIhijh[mcB ihemqblkyG_khfg_\Zcky gbdh]^Z: _kebg_ihemqblkyG_[hcky [ulvhl\Z`gufIhijh[m_rvhiylv=Hkl_j K^_eZcl_fZd_liZjdZImklvk^_eZxlwlhmijZ`g_gb_>Z\Zcl_k^_eZ_faf_y\f_kl_>_\hqdbihklZjZcl_kvg_hiha^ZlvImklvhgihklZjZ_lkykde_blv\Zam>Z\Zcl_ihklZjZ_fkyg_kkhjblkyIhfh]bl_fg_ih`ZemcklZih^gylvkyImklv_fmihfh]mlklZjrb_>Z\Zcl_ihfh`_f[jZlvyfgZrbff_gvrbf Fh]e Z ² qlh ^_eZeZ" Gn ² fhqv g_kh\\b^ baty\gZdeijhr\j_^q`jIjb\_a² qlh k^_eZe" Gn ² ijb\_alb kh\\b^ baty\gZdeijhr\j_^qfjIjhre h ² qlh k^_eZeh" Gn ² ijhclb kh\\b^ baty\gZdeijhr\j_^qkjjIjb\_a _l ² qlh k^_eZ_l" Gn ² ijb\_alb kh\\b^ baty\gZde[m^\je_^qK[_j_] m ² qlh k^_eZx" Gn ² k[_j_qv kh\\b^ baty\gZde[m^\je_^qKljh brv ky ² qlh ^_eZ_rv" Gn ² kljhblvky g_kh\\b^baty\gZdegZkl\je_^qKljb`_lky²qlh^_eZ_l"Gn²kljbqvkyg_kh\\b^baty\gZdegZkl\je_^q;_`Zlv ²qlh^_eZlv"Gng_kh\\b^ Ihim]Zc \ur_e ijhr gZ iheygdm b m\b^_e ijhrfZjlurdmFZjlurdZdZjZ[dZeZkvijhrgZ\ukhdmxnbgbdh\mx iZevfm HgZ ^he_aZeZ ijhr ^h k_j_^bgu kl\heZ b hq_gv[ukljhkt_a`ZeZijhr\gba² DZlZ_rvky" gZkl ² kijhkbe ijhr ihim]Zc fZjlurdm²E_amgZkl²hl\_lbeZijhrfZjlurdZ²?keblue_a_rvgZklihq_fm`_ludZlZ_rvkygZkl"²ihbgl_j_kh\Zekyijhrihim]Zc²KZfZg_ihgbfZxgZkl²m^b\beZkvijhrfZjlurdZ²Fg_ohq_lkygZklnbgbdh\b ye_amgZkl\\_jo: ihemqZ_lkygZkl²\````bd²\gba²LZd²lZd²aZ^mfZekyijhrihim]Zc²: gmihdZ`bih\fmkdmeuFZjlurdZkh]gmeZijhrk\hblhg_gvdb_jmqdbb ihdZaZeZijhrk\hbsmie_gvdb_fmkdmeu²<k_ykgh²ijhbag_kijhrihim]Zc²Fmkdmeugbdm^Zg_]h^ylkygZklKeZ[u_² : m f_gy ² kdZaZeZ ijhr fZjlurdZ ² ^jm]bo g_lLhevdhwlb²Qm`b_fmkdmeul_[_g_ihfh]ml[m^²h[ty\beijhrihim]Zc²GZ^hmdj_ieylvgn k\hbGm`gu kihjlb\gu_ mijZ`g_gbyAZjy^dZ=Hkl_j DZlblvky²dZlbeZ kv@blv²`beb iblv²ibeb fulv²fueb ieZlblv²ieZlbeb Ih^`Zlv²ih^`ZeZ ih[_`Zlv²ih[_`ZeZ hdZaZlvky²hdZaZeZ kvJZa ^\Z ljb q_luj_ `beb furdb gZ d\Zjlbj_ qZc ibebqZrdbfuebihljb^_g_`dbieZlbeb Gng_klb\_albljyklbi_qv`_qvfhqvb^lbFjg_k\_aljyki_d`_]fh]r_e@jg_keZ\_aeZljykeZi_deZ`]eZfh]eZreZmf_j_lvmf_jmf_jeZaZi_j_lvaZi_jaZi_jeZ]j_klb]j_[]j_[eZkdj_klbkdj_[kdj_[eZjZklbjhkjhkeZ <ujh\gylv²\ujh\gyeZ\uieulv²\uieueZg_gZ\b^_lv²g_gZ\b^_eZgZ^_ylvky²gZ^_yeZkv aZ\bk_lv ² aZ\bk_eZ\ue_l_lv²\ue_l_eZf_jblv²f_jbeZde_blv²de_beZ IhdjZkg_eihiheg_eihom^_eih[e_^g_e Khogme²khokhoeZkhoehkhoebijhfhdgmlv²ijhfhd ijhfhdeZ ijhfhdeh ijhfhdeb aZf_jagmlv ² aZf_ja aZf_jaeZaZf_jaehaZf_jaebbkq_agmlv²bkq_abkq_aeZbkq_aehbkq_aeb]Zkgmlv²]Zk]ZkeZ]Zkeh]Zkebkibogmlv²kibogmekibogmeZkibogmehkibogmebhdj_igmlv²hdj_ihdj_ieZhdj_iehhdj_iebkfhedgmlv²kfhedkfhedeZkfhedehkfhedeb\hkdj_kgmlv ² \hkdj_k \hkdj_keZ \hkdj_keh \hkdj_keb ^hklb]gmlv ² ^hklb] ^hklb]eZ ^hklb]eh ^hklb]eb \hagbdgmlv ²\hagbd\hagbdeZ\hagbdeh\hagbdeb <h_lk\bklbl K gh]\k_ok[b\Z_l<_ldbehfZ_lKeurbrv_]hIuevih^gbfZ_l>Zg_\b^brv_]hM gZr_c:gxldbF_gyj_`ml²ljmlA\_jv\ ZleZkghcrm[d_ Dhehlyl²[vxl<hae_i_qb]j__lky: y\k_l_jiex²;_a\h^bqdbfh_lky Ex^yf^h[jhfieZqm ;_j_qv ² [_j_]m [_j_`_rv g_kh\\b^ [jua]Zlv ²[jua]Zx[jua]Z_rvg_kh\\b^\ua^hjh\_lv²\ua^hjh\_x\ua^hjh\__rv kh\\b^ _a^blv ² _a`m _a^brv g_kh\\b^a\hgblv² a\hgxa\hgbrv g_kh\\b^ gZ]b[Zlv ² gZ]b[ZxgZ]b[Z_rv g_kh\\b^ [_`Zlv ² [_]m [_`brv g_kh\\b^ohl_lv ² ohqm ohq_rv g_kh\\b^ ieZlblv ² ieZqm ieZlbrv g_kh\\b^ ih^gbfZlv ² ih^gbfZx ih^gbfZ_rv g_kh\\b^ iheh`blv² iheh`m iheh`brv kh\\b^ ih[_^blv² ih[_^brv kh\\b^ h[e_]qblv ² h[e_]qm h[e_]qbrvkh\\b^ Khh[sbl gh\hklv m\_^hfbl h[ hlt_a^_ o\Zebl mq_gbdZ\hkobsZ_lky\uklmie_gb_fh[\bgy_l\he`bhkm`^Z_laZij_^Zl_evkl\h ihcf_l aZ^Zqm \gbdg_l \ ijh[e_fm ^h^mfZ_lky ^h j_r_gbyohq_lfhjh`_gh]hklj_fblkyd ih[_^_^h[b\Z_lkyp_eb Khegp_\hkoh^bl aZoh^bl iZebl k\_lbl ]j__l hk\_sZ_lEmgZ ihy\ey_lky `_el__l hk\_sZ_lIeZfy iheuoZ_ldheur_lkyk\_lbl RZ]Zxlkhe^Zlu[h^juffZjr_fKlZjbdf_^e_ggh[j_^_l Kg_] iZ^Z_l p_euc ^_gv >h`^v ev_l p_euc ^_gv Y [m^mjbkdh\Zlv?chq_gvd ebpmwlhieZlv_< wlhf]h^m:e_rZ[m^_lmqblvky\ bgklblml_ RZ]ZrvZlv_rvex[«l_blvbl_gZihfbgZ«l Zlv_l^_j`f Zlvbkdebf\uau\Z«rvZlv_rvl_ji«rv_lvbkdebrv Dj_idmx^jm`[mb lhihjhfg_jZajm[brvgZblvKkhjZ^h^h[jZg_^h\h^blgZblvB kbeZmfmmklmiZ_lgZZlvFmjZ\_cg_\_ebdZ ]hjudhiZ_lgZZlvQlhihk__rvgZylvlhb ih`g_rvgZZlv Fhjha e_gb\h]h aZ ghk o\ZlZ_l gZ Zlv i_j_^ ijh\hjgufrZidmkgbfZ_lgZZlv B \ihe^_gvem`bih^hdghfLZdjZaeb\Zxlkyb [e_smlQlhyjdbfkheg_qgufiylghfIhaZem©aZcqbdbªlj_i_smlF_`djm]euojuoeuoh[eZdh\G_\bgghg_[h]hem[__lB khegp_ eZkdh\h_]j__l< aZlbrv_]mf_gb ^\hjh\<_kgZ\_kgZB \kz_cjZ^hDZd\ aZ[ulvbdZdhfklhbrvB keurbrv k\_`bcaZiZokZ^ZB l_ieucaZiZolZeuodjurB;mgbgb <Zfoheh^ghg_fgh`dh\uaZdju\Z_l_ebph\hjhlgbgZkl\jdhfrbg_eb\Zf^j_fe_lkyBLmj]_g_\IeZq_l]^_lhb\hegZkl\j]Zkohjhgykv\ ^miehlhevdhfg_g_ieZq_lky ²gZ^mr_k\_lehgZkl\jK ?k_gbg <hl \_q_j__l khegp_ \ lmqdm k_eh B ;mgbgijhr\j <hlkf_jdehkv;ueb\k_]hlh\uaZmljZ[hcaZl_ylvgh\ucb ^hdhgpZ klhylv F E_jfhglh\ K\h^ g_[_kguc l_f_g \ ihegZkl\jgZkl\jghqvdZd\ ghqbg_kb^blky \ oZl_l_kghcg_e_`blky gZi_qbGG_djZkh\ JZkk\_lZ_l?]hagh[blKbevghihoheh^Zeh?zebohjZ^bl<_kv^_gv\vx`blBaaZkljZrghc]jhaubfg_kiZehkvFh_ckh[Zd_ijb\b^_dhklhqdbg_kb^blkygZf_kl_ GZ ^he]hf k\h_f imlb k\_jom \gba jmq_c fgh]h \b^blg_kh\\b^baty\gZde²\_^v\ g_f\k_hljZ`Z_lky g_kh\\b^baty\gZde Fgh]h_ magZ_l g_kh\\b^ baty\gZde ² fgh]h\k_]h\ g_]hihiZ^Z_l g_kh\\b^baty\gZdeB \h\k_o]hjguokh[ulbyojmq_cijbgbfZ_l g_kh\\b^baty\gZdekZfh_[mjgh_mqZklb_jZklhiey_l g_kh\\b^baty\gZdekg_]Zrebnm_l g_kh\\b^ baty\gZde kdZeu i_j_dZlu\Z_l g_kh\\b^ baty\gZdedZfgbjmrbl g_kh\\b^baty\gZde^_j_\vy\hjhqZ_l g_kh\\b^baty\gZde[j_\gZ=hjgucjmq_c[heleb\Ky^v kh\\b^ih\gZdegZ_]h[_j_]m b hg jZa[helZ_l kh\\b^ baty\gZde \k_ qlh \b^_e g_kh\\b^baty\gZdeb keurZe g_kh\\b^baty\gZde\ukhdh\]hjZoHq_gvm^h[ghIh<;_eh\mI_j_dZlu\Z_l jmq_c qlh ^_eZ_l" ² i_j_dZlu\Z_l I_j_dZlu\Z_l ²]eZ]heh[hagZqZ_l^_ckl\b_ Gn²i_j_dZlu\Zlv G_\ha\jg_kh\\kij Mihlj_[e_g\ nhjf_baty\blgZdegZkl\j_^q]he < ij_^eh`_gbby\ey_lkyijhklufkdZam_fufJZa[helZ_l hg qlh k^_eZ_l" ² jZa[helZ_l JZa[helZ_l ² ]eZ]heh[hagZqZ_l^_ckl\b_ Gn²jZa[helZlv G_\ha\jkh\\b^kij Mihlj_[e_g\ nhjf_baty\gZde[m^\j_^q]he < ij_^eh`_gbby\ey_lkyijhklufkdZam_fuf<b^_e hg qlh ^_eZe" ² \b^_e <b^_e ² ]eZ]he h[hagZqZ_l^_ckl\b_ Gn²\b^_lv G_\ha\jg_kh\\b^kij Mihlj_[e_g\ nhjf_baty\gZdeijhr\j_^qfj < ij_^eh`_gbby\ey_lkyijhklufkdZam_fuf MreZ ijhrkh\bafhjbeZkv ijhrkh\ \dhg_p ih\_j`_ggZy Zij_e_f abfZ <hl \ lj_\h`ghc l_f_gb jh^behkvijhr kh\ b ^\bgmehkv ijhr kh\ lm]h_ iehlgh_ l_ieh>jh]gmeb ijhr kh\ ]hlh\u_ jZkimklblvky kh\ ^_j_\Z G_yjdZy \_rgyy fhegby kb]ZgmeZ ijhr kh\ \ e_kgmx l_iemxf]em b i_j\uc lj_kdmqbc ]jhf qbklh b kf_eh ijhdZlbekyijhrkh\gZ^fbjhf>h`^vijhrbi_e ijhrkh\\ ghqbh[bevghb dhjhldhMljhf klhe[u bkiZj_gbc ih^gbfZxlky gZkl g_kh\ \ e_kguo ijh]ZebgZo keh\gh ^h[ju_ ijbajZdb Khegp_ \uoh^blgZkl g_kh\ hq_gv [ukljh Ilbpu ihxl gZkl g_kh\ \aZoe_[a_feyijh^he`Z_l gZklg_kh\khi_lv g_kh\b ihibkdb\Zlv g_kh\ \k_ ihfbgmlgh f_gy_l gZkl g_kh\ k\hc h[jZa<_a^_\ fbj_`bagvb k\h[h^Z>Zg_[m^_l [m^g_kh\dhgpZk\h[h^_b jZ^hklbIh<;_eh\mJh^behkv l_ieh qlh k^_eZeh" ² jh^behkv jh^behkv ² ]eZ]heh[hagZqZ_l^_ckl\b_ Gn²jh^blvky <ha\jkh\\b^kij Mihlj_[e_g\ nhjf_baty\gZdeijhr\j_^qkjj < ij_^eh`_gbby\ey_lkyijhklufkdZam_fufIh^gbfZxlky klhe[u qlh ^_eZxl" ² ih^gbfZxlky Ih^gbfZxlky ²]eZ]heh[hagZqZ_l^_ckl\b_ Gn²ih^gbfZlvky <ha\jg_kh\\b^kij Mihlj_[e_g\ nhjf_baty\gZdegZkl\jfgq]he < ij_^eh`_gbby\ey_lkyijhklufkdZam_fufkmskmskmskms DZiey dZf_gv ^he[blBai_kgb keh\Z g_\udbg_rvkmskmskmsIhh^_`d_ \klj_qZxlihmfm ijh\h`Zxl>jmavy ihagZxlkmskmskmskmsky \ [_^_ Dgb]Z \ kqZklv_ mdjZrZ_l Z \ g_kqZklv_ ml_rZ_lkmskmskmskmskms :a[mdZ ² d fm^jhklb klmi_gvdZ DjZldhklv ² k_kljZ lZkmskmskmskmseZglZIjZ\^Z \ \h^_ g_lhg_l\ h]g_ g_]hjbl ;_eucL_fguc@ZedhOh^blBfykms_kl\bl_evgh_=eZ]he[_ebagZ [_ebeZ aZyp[_eyd[_e__l ih[_e_eZ aZ[_ebebihoh`^_gby oh^v[Z oh^hdbih`Ze_eb oh^blv aZoh^bebl_fghlZ aZl_fg_gb_ kh`Ze_gb_oh^mebl_fg__l ihl_fg_eh `Ze_lv Dhf_lZieZg_lZaZlf_gb_²dhkfbq_kdb_l_eZb y\e_gbyHd_Zg jh^gbd jZ\gbgZ\h^hiZ^ ij_^]hjv_ j_dZ^hjh]Z²a_feyb __g_^jZIr_gbpZ²jZkl_gb_F_^\_^v\hjhgZaf_y²`b\hlgu_MjZ]ZgfhjhajZkk\_l\_l_jbg_cf_l_evkf_jq²y\e_gbyijbjh^u@_e_ahahehlhfhehdhf_lZee²\_s_kl\ZIjZa^gbddZgbdmeuhebfibZ^Z²nZdlukh[ulby Kf_ehklv q_jgbeZ q_jghlZ kbg_\Z kbgv lhedhlgy [_]hlgy [_]kl\h ijh[_`dZ j_r_gb_ j_rbfhklv Z=heh\ZreyiZjmdZ[Db\hdih^gylb_\afZojmdhih`Zlb_ihdehg>j_\gbch[jy^jmdhih`ZlbyihdZau\ZeiZjlg_jmqlhd g_fmh[jZsZ_lkyq_eh\_d[_ahjm`by\ jmd_\ ijZ\hcgZb[he__©jZ[hq_cªb kbevghcjmd_ Q_j_^h\Zlv²q_j_^h\Zgb_kdehgylv²kdehg_gb_kijy]Zlv²kijy`_gb_gZdZaZlv²gZdZaZgb_l_ji_lv²l_ji_gb_ kljb`_l²kljb`dZiju]Zlv²iju`hdhk\_sZlv²hk\_s_gb_ijhkblv²ijhkv[Z Kbgbc_\²kbg_\Zk_juchklv²k_jhklv^_r_\ucbag²^_r_\bagZke_i hchl²ke_ihlZ _gb_baf_g_gb_jZg_gb_aZlf_gb_hlZdjZkghlZ^h[jhlZdjZkhlZhklv[h^jhklvjZ^hklvkijZ\_^eb\hklvhd lheqhdiju`hdkdZqhdbagZgh\bagZ[_ebagZ^_r_\bagZ >_jahklv jh[hklv s_^jhklv dh\Zjkl\h qbklhlZ `_elbagZ Jbkh\Zgb_ khq_lZgb_ lhedh\Zgb_ ojZg_gb_ ihk_s_gb_[_]hlgydhkv[Zj_av[Z Ba[mrdZ gh\bagZ ojZ[jhklv O\Zklmg[helmge]mgAgZcdZdjhrdZfZeurdZJZa^_\ZedZq_jiZedZju[ZedZ=mfZgbaffh^_jgbafj_ZebafZ\Zg]Zj^bafBgkljmdlZ`ibehlZ`^m[ey`D\ZebnbdZpbyw\ZdmZpbyhi_jZpby=mfZgbaf ² q_eh\_qghklv \ h[s_kl\_gghc ^_yl_evghklb\ hlghr_gbbd ex^yf Ij_ih^Z\Zl_evkljhbl_evmqbl_ev;ZygbklrZofZlbklk\yabklEbkhgvdZ[_j_ahgvdZ]heh\hgvdZKlhe[bd]\ha^bddhe_kbdh:e_gmrdZ]heh\mrdZe_[_^mrdZJmqbsZlhihjbs_[hjh^bsZkdmqbsZ^hfbs_ghkbs_ H[t_a^qbd ² h[t_a^blv aZdZaqbd ² aZdZaZlv i_j_ibkqbd ² i_j_ibku\Zlv jZkkdZaqbd ² jZkkdZau\Zlv kfZaqbd ²kfZau\Zlv>hdeZ^qbd ² ^hdeZ^u\Zlv ijhoh^qbd ² ijhoh^blv ]Zahijh\h^qbd²ijh\h^blv H[oh^qbd h[t_a^qbd h[b^qbd aZdZaqbd ]jmaqbd n_olh\Zevsbdabfh\sbdgZ[hjsbd Fhjh`_gsbd \j_f_gsbd kf_gsbd hp_gsbd d_jhkbgsbd[_lhgsbd Dhjb^hjqbdZ ² dhjb^hjqbd dbjibqbdZ ² dbjibqbdf_rhqdZ ² f_rhq_d ]hjhrdZ ² ]hjhr_d aZcqbdZ ² aZcqbdihjh`dZ ²ihjh`_d[ZjZ[ZgsbdZ²[ZjZ[ZgsbdjZ[hlgbdZ²jZ[hlgbddZjZg^ZrbdZ²dZjZg^ZrbdkmqhqdZ ²kmqhq_dp\_lhqdZ ²p\_lhq_dwdbiZ`bdZ²wdbiZ`bd^h`^bdZ ²^h`^bd Fhehlhq_djZkkdZabdZj[mabd\gmq_debklhq_dqb`bddhaebd ]hehkhq_d ZefZabd ]\ha^bd dZf_r_d [ZjZr_d ^jm`hq_dysbq_ddhfhq_dhkebdp\_lhq_d G_gZklv_²g_gZklgucg_kqZklv_²g_kqZklguc G_ bfy djZkbl q_eh\_dZ Z q_eh\_d bfy Ihkeh\bpZ Y gZa_fe_g_ijZa^gbd`bagbijZ\exZ kdjhfgh_ih^\b`gbq_kl\h ^gy b ihlhfm g_ [e_kd a\_a^u hklZ\ex Z lhevdh hlk\_llboh]hh]gy? ;eZ]bgbgZB \hegub kmrZihdhjgul_[_aZ\b^m_lg_^jm]klhev^b\ghc km^v[_ : Imrdbg Rmfb \a\hegmcky g_ih]h^hc hg[ueh fhj_ l\hc i_\_p : Imrdbg Fg_ \ `bagb [hevr_cjZ^hklbg_^h\h^behkvagZlvq_f^jZlvkyk jZaghcijZa^ghklvxk g_ijZ\^hc\h_\ZlvB Dh[a_\<gh\vgZklmibehg_gZklv_h_ij_^eh`_gb_k h[jZs_gb_fh fhj_ Rmfbl[mglm_lg_ih]h^Z²G_ih]h^Z\hegh\ZeZgZkZhlkmlkl\b_gm`gh]hkgZjy`_gbyOhjhr_fmmk\h_gbxmq_[gh]hfZl_jbZeZf_rZ_lg_\gbfZgb_gZmjhd_ ²G_\gbfZgb_Z mkb^qb\hklvb ohjhrmx^bkpbiebgmp_gylg_dhlhju_e_dlhjuIhiZeZilbqdZ\ g_\hex²G_\heyihfh`_l_fmZ kbeZjZamfZG_ZddmjZlghklvf_rZ_lklZlvohjhr_cohaycdhc²G_ZddmjZlghklv \hegm_lf_gyZ ihgbfZgb_b ijZ\bevghklv\uiheg_gbyaZ^ZgbyLu\k_]^Z]h\hjbrvfg_g_ijZ\^m²< l\h_fjZkkdZa_\k_g_ijZ\^ZZ eh`vGZ ke_^mxs_f i_j_\Ze_ fu klhedgmebkv k g_ijbyl_e_f ²<Zgyfg_g_ijbyl_evZ gZklhysbc^jm]>_lb fhf_glZevgh qm\kl\mxl g_kijZ\_^eb\hklv ² G_ kijZ\_^eb\hklvgm`gZ_cZ evklb\u_h[_sZgby KlZlv g_\b^bfdhc gZ i_j\hc g_^_e_ [ulv g_^hl_ihcfZe_gvdZy g_`_gdZ g_ h[sZlvky k g_\_`_c k[_`Zeb hl g_jyobjZkkdZau\Zlvg_[uebpuk ihklhygghcg_[j_`ghklvx G_kqZklvx \_jgZy k_kljZ gZ^_`^Z \ fjZqghf ih^a_f_ev_ jZa[m^bl [h^jhklv b \_k_ev_ : Imrdbg Lh]^Z ^mrhc [_ki_qgu_ g_\_`^u fu `beb \k_ b e_]q_ b kf_e_c: ImrdbgH djZc ^h`^_c b g_ih]h^u dhqmxsZy lbrbgZK ?k_gbg Lh g_\_l_j \_ldm dehgbl g_ ^m[jZ\mrdZ rmfblI_kgy MdjZbg_p hk_lbg \he`Zgbg k_\_jygbg iZjb`Zgbg\he]h]jZ^_p \ylbq dhkljhfbq fhkd\bq gh\]hjh^_p i_l_j[mj`_p I_qgbd lhj]h\_p ]jmaqbd k\Zjsbd e_kgbd [_lhgsbdabfh\sbd\h^bl_evieh\_p F_^\_`hghd\heqhghd[_evqhghdd_g]mj_ghdkh[ZqhgdZ AbfZih_lZmdZ_l[ZxdZ_l<vx]Zklmqblaeblky>hjh]Z^j_fe_l_cijbf_qlZehkv;_j_adbmeu[gmebkvjZklj_iZebdhkuk_j_`dbr_e_klyljhku]hjylDjZib\Zh[jy^beZkvr_iq_lH[jy^beZkvdjZib\Zqlhk^_eZeZ"²h[jy^beZkvH[jy^beZkv²]eZ]heh[hagZqZ_l^_ckl\b_Gn²h[jy^blvky<ha\jkh\\b^kijMihlj_[e_g\ nhjf_baty\gZdeijhr\j_^q`j< ij_^eh`_gbby\ey_lkyijhklufkdZam_fufR_iq_l djZib\Z qlh ^_eZ_l" ² r_iq_l R_iq_l ² ]eZ]heh[hagZqZ_l^_ckl\b_Gn²r_ilZlvG_\ha\jg_kh\\b^kijMihlj_[e_g\ nhjf_baty\gZdegZkl\j_^q]he< ij_^eh`_gbby\ey_lkyijhklufkdZam_fufKo_fuZ[b Fhkd\ZQ_jgh_fhj_?\jhiZ;ZcdZeWev[jmkFB=ebgdZBK Lmj]_g_\B J_ibg>B F_g^_e__\DW Pbhedh\kdbcDmebdh\kdZy[bl\ZE_^h\h_ih[hbs_<_ebdZyHl_q_kl\_ggZy\hcgZKlhe_lgyy\hcgZ<_ebdh_i_j_k_e_gb_©<hcgZb fbjª©Kh\j_f_ggbdª©Gh\ucfbjª©: ahjba^_kvlbob_ª©?\]_gbcHg_]bgª ;_euce_[_^vk_jZyfurv\dmkgucdZjlhn_evkjhqgZy[Zg^_jhev[hevgZyfhahevdjZkb\uclxev\dmkgZynZkhevq_jgucjhyevZjhfZlgucrZfimgvk\_`bch\hs :©IIª<uijhkbe lu qlh k^_eZe" ² \uijhkbe <uijhkbe ² ]eZ]heh[hagZqZ_l^_ckl\b_Gn²\uijhkblvG_\ha\jkh\\b^kijMihlj_[e_g\ nhjf_baty\gZdeijhr\j_^qfj< ij_^eh`_gbby\ey_lkyijhklufkdZam_fufIhe_aWlhlqlhk^_eZe"²ihe_aIhe_a²]eZ]heh[hagZqZ_l^_ckl\b_Gn²ihe_alvG_\ha\jkh\\b^kijMihlj_[e_g\ nhjf_baty\gZdeijhr\j_^qfj< ij_^eh`_gbby\ey_lkyijhklufkdZam_fuf ;jxa]Zj_\ZjZklj_iZljZg`bjZaZ^bjZfyfeyK_kljZDZlb²j_\ZH^ghdeZkkgbd<blb²aZ^bjZ Fm`_kl\_gguc]_heh]\_jgmekybawdki_^bpbbk fbg_jZeZfbFm`_kl\_gguc]_heh]\_jgmeZkvbawdki_^bpbbk fbg_jZeZfbFhciZjbdfZo_jk^_eZefg_mdeZ^dmFhciZjbdfZo_jk^_eZeZfg_mdeZ^dm Kheg_qgucKmomfbl_ieuc;Zdmbgl_j_kgh_bgl_j\vxkbevgucd_g]mjmhl^_evgh_dmi_[ukljZy:jZ]\bgh\h_ibZgbgh]hkl_ijbbfgucHkehjZaghh[jZagh_f_gxdjZkb\ZyYgpaul_ieZyAZf[_abfgh]h\h^gZyFbkkbkbib Hqdb\h``bgh`gbpusbipu[jxdb\hjhlZDm^jb[mku^`mg]ebljhibdbijhibkb>mobdhgk_j\ufZdZjhgukeb\dbq_jgbeZ^jh``b<u[hju`fmjdbi_j_]h\hjurZofZlukZedbgZj^uDZgbdmeukmldb[m^gbk[hju:nbgu;_jfm^uDmjbeu:g^uDZjiZluOhefh]hju Fm^jhklvdjZkhlZ\hkobs_gb_]em[bgZ^h[jhlZjZ^hklvrbjbgZ Dj_klvygkl\h^_l\hjZq_eh\_q_kl\hfheh^_`vklm^_gq_kl\h I_khddjmiZ`bjg_nlvfhehdh[_lhgkdekdebg\_glZjvfZ]bkljZevdZ[_ev[Zg^_jhevjhyevhabfvdh\ueviheugvehkhkveZamjviZgpbjvfhahevlxev\mZevdbl_evwfZevneb]_evfhl_evrl_fi_evyglZjvphdhevoooHklZgh\blvky gZ fZ]bkljZeb b]jZlv gZ jhye_ aZ[hlblvky h[habfbkdekdekdekdekheh\_ckheh\mrdZfurvfurdZo\Zklmgo\ZklmgbrdZaZypaZcqbrdZkhk_^khk_^mrdZkd\hj_pkd\hjmrdZB\ZgB\ZgmrdZ[jZl[jZlbrdZfZevqbdfZevqbrdZ FbeZ\ ]hj_klb kdeg_\ jZ^hklvgZqm`[bg_ kdeIi\yg_lgZklhebd _ kde\ klZdZg _ kdeaZgbfZ_l \dmevlmj_ bgZmd_ kdeIikm^ylh q_eh\_d_ kdenZkZ^]Ze_j_b kdeJiJh^gZya_fey b \]hj_klbfbeZ NZkZ^ a^Zgby \k_fb ex[bfhc Lj_lvydh\kdhc ]Ze_j_b kha^Z\Zeky ih wkdbaZf \_ebdh]h jmkkdh]h om^h`gbdZ <bdlhjZ FboZceh\bqZ<Zkg_ph\Z< ]hj_klb fbeZ \ q_f" ² \ ]hj_klb < ]hj_klb ² bfy kmsh[hagZqZ_lij_^f_lGn²]hj_klvGZjbpg_h^mr`jkdeMihlj_[e_gh\ nhjf__^qIi< ij_^eh`_gbby\ey_lkyh[klhyl_evkl\hfGZqm`[bg_g_\ jZ^hklbgZq_f"²gZ qm`[bg_GZqm`[bg_²bfykmsh[hagZqZ_lij_^f_lGn²qm`[bgZGZjbpg_h^mr`jkdeMihlj_[e_gh\ nhjf__^qIi< ij_^eh`_gbby\ey_lkyh[klhyl_evkl\hfIhwkdbaZf kha^Z\Zeky ih q_fm" ² ih wkdbaZf Ih wkdbaZf ²bfykmsh[hagZqZ_lij_^f_lGn²wkdbaGZjbpg_h^mrfjkdeMihlj_[e_gh\ nhjf__^q>i< ij_^eh`_gbby\ey_lkyh[klhyl_evkl\hf Bah[jZ`_ghgZagZf_gb kb^blgZ\_ld_ q_j_fmob]h\hjblh j_rbl_evghklb d ]hj_qb kh[jZ\rbokyagZlvihbklhjb b b]jZlv gZem`Zcd _ h[jZlblvky d fheh^_` b m\b^_lv \ieZf_gb klj_fblvkyd k\h[h^_ <eZ^bfbjDeZ\^b_\bq:jk_gv_\²agZf_gblucjmkkdbcbkke_^h\Zl_ev>Zevg_]h<hklhdZHg jh^beky \ I_l_j[mj]_ K ^_lkl\Z hg f_qlZe h iml_r_kl\b b gh _fm kgZqZeZ ijbrehkvkem`blv\ I_l_j[mj]kdhfi_ohlghfmqbebs_ D kqZklvx h^bg ba ij_ih^Z\Zl_e_c [ue ba\_klguf bkke_^h\Zl_e_fKj_^g_c:abb bkgZ[`Zexgh]h:jk_gv_\Zdgb]Zfbih]_h]jZnbb Kb[bjb b^jm]bol_jjblhjbcjZkkdZau\Zeh k\h_fiml_r_kl\bb ih>Zevg_fm<hklhdmBf_gghbamq_gbxIjbfhjvyb MkkmjbckdhclZc]bhl^Ze e_lk\h_c`bagb <D:jk_gv_\hgk^_eZehldjulby\ h[eZklb ]_h]jZnbb [hlZgbdb ahheh]bb bolbheh]bb wlgh]jZnbb AgZf_gbl<D :jk_gv_\b dZdibkZl_ev?]hdgb]b ©Ih Mkkmjbckdhfm djZxª ©>_jkm MaZeZª ijhgbdgmlu ex[h\vx d ijbjh^ _ >Zevg_]h<hklhdZd `bagblZc]b d fm`_kl\_ggufex^yf KlZev aZdZey_lky ]^_" \ h]g_ Z q_eh\_d ² \ ljm^_ ;_a ^_eZ `blv ² lhevdh g_[h dhilblv >jmavy ihagZxlkydh]^Z"\ [_^_ IjZ\^Z ih \k_fm fbjm oh^bl >Zevr_ dm^Z"\ e_k ²[hevr_^jh\B ^mjZdijZa^gbdb agZ_l^Z[m^g_cg_ihfgbl^Z <ae_lihe_liZj_gb_ibdbjh\Zgb_fZg_\ju\ \ha^mo_ihkZ^dZBklbggh \ha^mrgh_ `b\hlgh_ ² kljb` Kljb` ² _^bgkl\_ggZyilbpZdhlhjmxg_ihcfZ_l^Z`_khdhe D imklhfm f_klm gZ ij_djZkgmx g_\_klm ]hjZ djmlZykljZgZimklZyl_fguc\oh^Ih[_`Ze²fj_^qih^gyeZkv²`j_^q AbfZijbreZexlm_ldhe^m_l\vx`blklm^blfhjhabl<_kgZih_lijh[m`^Z_l\^hogh\ey_ljZ^m_lhaZjy_lG_[hkbg__l\bkbll_fg__lk\_le__lofmjblkyJmq__d[_`bl`mjqbll_q_la\_gblijh[b\Z_lkyKhegp_k\_lblkby_l]j__lhk\_sZ_l\hkoh^blkZ^blkyKmjh\Zy\vx`gZy[_ehkg_`gZyabfZJZggyy^jm`gZy\_kgZQbklh_iZkfmjgh_g_[hIjhajZqguc\_k_eucjmq__d@Zjdh_yjdh_hke_ibl_evgh_eZkdh\h_khegp_ Bf_gZijbeZ]Zl_evgu_iylgbkluciylgZ ijh_a^g_gZ\bklgucg_gZ\bklvijh_a^ghcoh^yqbcoh^bl^_j_\_gkdbc^_j_\gykt_^h[guckt_klv [_eucBf_gZkms_kl\bl_evgu_k\_leyqhdk\_l[_ebagZ kbg_\ZkbgbcihdjZkg_gb_djZkgucaZl_fg_gb_l_fgucq_jgucaZ]jyagblv]jyaguc^_j =eZ]heu ihq_jg_ebablv^_jahklvih[_^bebih[_^Zih\ajhke_e NZjnhjh\Zy ihkm^Z khehf_ggZy djurZ ^_dZ[jvkdZyf_l_evih^a_fguci_j_oh^e_q_[gZynbadmevlmjZ\_k_ggyyhll_i_ev\q_jZrgyy]Za_lZieZ\Zl_evguc[Zkk_cg ;_`_\Zy [emadZ ^mrbklZy ]\ha^bdZ [_j_`eb\uc ohaybg^h[jhkh\_klguc q_eh\_d g_gZklgZy ih]h^Z ^jZ]hp_gguc f_lZeexgZy]bfgZkldZ\_ebdhe_igh_aj_ebs_;_j_`eb\uc²wdhghfgucjZqbl_evguc>h[jhkh\_klguc²q_klguc >_\hqdZ²hlau\qb\Zy^h[jh^mrgZykdjhfgZyq_klgZyS_ghd²ihkemrgucfbeuceZkdh\ucMq_gbd²^h[jhkh\_klgucklZjZl_evguckhh[jZabl_evgucF_lZee²ijhqgucdj_idbc^jZ]hp_ggucIh]h^Z²\_ebdhe_igZyl_ieZyykgZybamfbl_evgZyNml[hebkl²gZklhcqb\uckbevgucyjdbcZdlb\gucJZkkdZa²aZgbfZl_evgucbgl_j_kgucaZo\Zlu\ZxsbcJZ[hqbc ² ljm^hex[b\uc d\Zebnbpbjh\Zgguc klZjZl_evguc DjZkguckly]\brg_\ZyrZevimjimjgucaZdZlZeZyaZjy [hj^h\h_ iZevlh K\_lehdhjbqg_\uc dZjZg^Zr [_`_\uc k\bl_j dZjb_ ]eZaZ dhn_cguc hll_ghd A_e_gZy ljZ\Zbamfjm^gh_ fhj_ [bjxah\uc rZjn fZeZoblh\uc ]Zeklmd y^h\blha_e_gZyx[dZ GZ^gZfbjZkdbgmehkvk\bgph\h_ g_[hGZklhe_klhyeZ\ZahqdZk dhgn_lZfb[ZgdZ\brg_\h]h \Zj_gvyZ ihk_j_^bg_jhkdhrguc \ha^mrguc ibjh]< ;bf_f_gyihjZabeZg_h[udgh\_ggZykh[Zqvy ij_^ZgghklvOm^h`gbd bah[jZabe gZ dZjlbg_ eZamjgh_ g_[h [bjxah\h_fhj_b bamfjm^gmx a_e_gv <brg_\Zy dhklhqdZ ² \brg_\Zy rZev ahehlZy p_ihqdZ² ahehlu_ jmdb `_e_agZy jm^Z ² `_e_agZy \hey dZf_ggu_ieblu²dZf_ggh_k_j^p_ebkbco\hkl²ebkvyj_qvijbeijbe A\_a^u ykgu_a\_a^u ij_djZkgu_ijbeGZr_ilZeb p\_lZfkdZadbqm^gu_ijbeE_i_kldb meu[gmebkv ZleZkgu_ijbeAZ^jh`Zeb ebklu bamfjm^gu_DNhnZgh\ M dZ`^h]h ^_j_\Zk\hc\b^KhkgZkljhcgZy[_j_aZdm^jy\Zyb\ZjZa\_kbklZy>m[fh]mqbchkbgZlj_i_lgZy?ev\_ebqZ\ZyGhe_k²wlhlukyqb^_j_\v_\B \klj_qZxlky\ e_km^_j_\vym^b\bl_evgu_gZk\hxjh^gxg_ihoh`b_GKeZ^dh\dd Ihh[uqZyffm^juf fgq>iihh[uqZyf^j_\gbfhdfgq>ikj_^bjmkkdbo fgqJijZ\gbggZ\ukhdbohddfgqIiohefZogZi_kqZguo ijb\hevguo jh^guo fgqddIi[_j_]Zo fh]mq b_ fgq <i igb s_^j mx _^q `j<ia_fex P\_ldb ebiu beb ebih\ uc p\_l ² h^gh ba ihimeyjg uo gZrboe_q_[guo kj_^kl\GZklhcebih\h]h p\_lZihfh]Z_lijbjZaebqguo ijhklm^guo aZ[he_\ZgbyodZdohjhr__ ihlh]hggh_ kj_^kl\hIvxl_]h]hjyqbfgZklh_febih\h]h p\_lZihehsml]hjehijbZg]bg_P\_lZdZdh]h"ebih\h]hijbaZ[he_\ZgbyodZdbo"jZaebqguo ijhklm^guokj_^kl\hdZdh_"ohjhr__ ihlh]hggh_dZdbf"]hjyqbf <_a^_ohjhrh]^_lu _s_g_[ueGhemqr_\k_]hh^gZklhjhgZ²dZdbf"=^_iZog_lk\ylufjh^bl_evkdbf oe_[hfih^dZdbf"=^_ilbpua\_gylih^mlj_ggbf g_[hfh dZdbo"dZdh]h"H kbgbo p\_lZoa_e_gh]h evgZdZdZy"EHrZgbgdZdbfb" <_q_jgyy aZjy i_j_eb\ZeZkv hkh[_ggh yjdbfbdjZkdZfbdZdhc"dZdZy"KgZqZeZhgZ[ueZ[e_^gZyihlhfklZeZbamfjm^gha_e_ghcb ihdZdhfm"wlhfma_e_ghfmnhgmdZdjZkoh^ysb_kyklhe[uih^gyebkvbaaZdZdbo"]hjbahglZ^\Zk\_leh`_eluoemqZQ_j_ag_kdhevdhfbgmlemqbdZdbf"dZdhc"dZdbf"ijhiZeb A_e_guc k\_laZjb k^_eZeky hjZg`_\uf Z ihlhf djZkdZdh_"dZdhc"gufKZfh_ihke_^g__y\e_gb_aZdexqZehkv\ lhf qlh [Z]jh\hdZdbf"djZkguc]hjbahglklZel_fgufkeh\ghhl^ufZ < kZgZlhjbb \ Zjfbb \ Zd\Zlhjbb \ khj_\gh\Zgbb DjZkguch\Zluc²djZkgh\Zluc^ujZ y\uc²^ujy\ucr_jklv yghc²r_jklyghcij_^ \hcgZ gu_²ij_^\h_ggu_hj_e bguc²hjebgucg_ohjhrbc²g_ohjhrbc[hehlh bkluc²[hehlbklucFhkd\Z kdbc²fhkdh\kdbc\_jl_lvey\uc²\_jley\uc ?`_fbgmlguc _`_]h^guc _`_^g_\guc _`_f_kyqguc_`_k_dmg^guc Khegp_ guc²kheg_qgucrmf_lveb\u_²rmfeb\u_khkgZ h\hc²khkgh\hceZkdZ h\u_²eZkdh\u_\_kgZ g_]h²\_k_gg_]h]h\hjblveb\Zy²]h\hjeb\ZydmqZ _\u_²dmq_\u_k ]em[hdhc]h\hjeb\Zy]eZ]ijbekmsijbekmsEvxlky eZkdh\u_ emqb \_k_gg_]h khegurdZ H[b^qb\uc\kiuevqb\uc^h\_jqb\ucbaf_gqb\ucK_j_[jbklucbkdjbkluc\hegbkluc^mrbkluc=hjvdh\Zluc`_elh\ZlucdjZkgh\Zlucly`_eh\ZlucDZ\dZakdbcnjZgpmakdbcZ\lhjkdbc[he]ZjkdbcKeZ^_gvdbcfbe_gvdbck_j_gvdbcfheh^_gvdbc>h\_jqb\uc\a]ey^^mrbklh_fueh]hjvdh\Zluc\dmkly`_eh\Zlucihjln_evnjZgpmakdbcyaudfbe_gvdZykh[ZqdZ I_evf_gb gZy²i_evf_ggZymqbl_ev kdZy²mqbl_evkdZyiZjbdfZo_j kdZy²iZjbdfZo_jkdZyrZreud gZy²rZreuqgZyqZc gZy²qZcgZy^bki_lq_j kdZy²^bki_lq_jkdZy^_lb kdZy²^_lkdZy[ebg gZy²[ebggZy[medZ gZy²[mehqgZyfZkl_j kdZy²fZkl_jkdZykhkbkdb gZy²khkbkhqgZy Klh]hf_lZl_ev a_jghm[hjhqguc a_jghhqbklbl_evguckg_]hm[hjhqgZy jZkkZ^hihkZ^hqgZy fZrbgZ dZjlhn_e_kZ`ZedZ a_jghih]jmaqbd h\hs_ojZgbebs_ dhjg_ieh^hojZgbebs_evghk_fyhqbklbl_evgucZ]j_]Zl\j_fyij_ijh\h`^_gb_ Fheh^hc²fheh^fheh^hfheh^ufheh^Zijyfhc² ijyfh \_k_eucijyfijyfuijyfZ² \_k_e\_k_eh\_k_eu\_k_eZ`b\hc²`b\`b\h`b\u`b\ZkeZ[uc²keZ[keZ[h lbobc² lbohkeZ[ukeZ[ZlbolboblboZ² l\zj^ l\_j^uc kf_euc p_eh l\zj^hl\zj^ul\_j^Zp_euc²p_ep_eup_eZ²kf_ekf_ehkf_eukf_eZdjZldbc²djZlhddjZldhdjZldbdjZldZ IjZ\^mfhe\blvfheh^bpZM`b \ijyfv[ueZpZjbpZ<ukhdZkljhcgZ[_eZB mfhfb \k_f\ayeZGhaZlh]hj^Zehfeb\ZK\h_gjZ\gZ b j_\gb\Z M`jmfygblhk_gvde_gu: _evgbda_e_g b l_gbkl:FZcdh\DZdfhckZ^bdk\_` b a_e_gJZkimklbeZkv\ g_fkbj_gv:Ie_s__\A^_kvf_^e_ggu j_dbLmfZggu ha_jZB \k_mkdhevaZ_lhl[_]eh]h\ahjZGJue_gdh\bB g_[hk_j^blhb \_l_jk_j^blK_j^blucklZjbdgZkdZf_cd_kb^blWMki_gkdbcBb Mfguc b [_a^_g_] [h]Zl Dhj_gv mq_gby ]hj_d^Zieh^ keZ^hd Kdmq_g ^_gv ^h \_q_jZ dheb ^_eZlv g_q_]h KZfklZj^Z^mrZfheh^Z>eymf_ehcjmdb\k_jZ[hlue_]db ;_^_g g_ lhl m dh]h fZeh Z lhl dhfm fZeh G_ ^hjh]ih^Zjhd^hjh]Zex[h\v =hehki_\mq]hjqbqgbd`]mq^m[fh]mqfhjhalj_kdmqe_k^j_fmqgZiblhdrbimqeZg^uriZomqdZdlmkdhexqklZjbdgbsfZeurijb]h`f_^\_`hghdg_mdex`V ihke_rbiysbogZdhgp_keh\‹iiQZklvj_qbb ^hiheg]jZffZlbq_kdbcijbagZdIjbf_juBfykms_kl\bl_evgh_kdefurv^hqvjhkdhrvihfhsvBfykms_kl\bl_evgh_bebkde emq fgh]h lmq \jZq hdheh^Zq=eZ]heb^_rv ^hklbqv kijyqv mfgh`vkl_j_qvDjZldh_ijbeZ]Zl_evgh_iZomq lj_kdmq dhexq iju]mq L_q_gb_ m wlhc j_db kihdhcgh_ K_]h^gy j_[_ghdkihdh_g KlZjuc ^m[ \ukhd fh]mq Wlhl ^hf klZjuc Hg ahe gZf_gyHgZ [hevgZ ]jbiihfGZrZkljZgZ [h]ZlZ g_nlvxKheb jZkl\hjbfu \ \h^_AZcpu jh[db b hklhjh`guHg kihkh[_g d fmaud_IjhkljZgkl\h [_kdhg_qghooo Kbe_g q_f" mfhf jmfyg hl q_]h" hl fhjhaZ gm`_goodhfm" gZjh^m ihoh` gZ dh]h" gZ iZim oheh^_g hl q_]h" hlookljZoZebihdhlq_]h"hl\Zj_gvykihkh[_ggZqlh"gZih^\b]iZog_llj_kdmqbclj_kddhexqbcdhe_l IZomqbc g_nlv e_[_^bguc e_[_^v ijyfhcaf_bguc af_bg_nlyghcijyfhebimqbcebidbckjkl Aeu_ yaudb kljZrg__ ibklhe_lZ : =jb[h_^h\kjklkjkl IjZ\^Z k\_le__ khegpZ >h[jZy keZ\Z ^hjh`_ [h]Zlkl\Zkjklkjkl Mljh \_q_jZ fm^j_g__ FZe_gvdh_ ^_eh emqr_ [hevrh]hkjkl[_a^_evyKdmihc[h]Zq [_^g__ s_^jh]h[_^gydZ;_kq_klv_kjklom`_ kf_jlb KZfu_[hevrb_ `b\hlgu_`b\rb_^hkboihjgZA_fe_ ² ys_ju \_k bo ^hklb]Ze \hkvfb^_kylb lhgg GZb[he__keh`guc yaud \ fbj _ ² dblZckdbc Z kZfZy ^ebggZy Za[mdZhgZ kh^_j`bl [md\u ² \ dof_jkdhf yaud_ Ba \k_o klbobcguo [_^kl\bc gZb[hevrbc ms_j[ ijbqbgyxl gZ\h^g_gby Ih^a_fgh_ha_jhdhlhjh_h[gZjm`_ghgZk_\_j_ GZfb[bb hdZaZehkv kZfuf [hevrbf \ fbj _ Lmgg_ev dhlhjuc ijhe_]Z_lih^j_dhc?\njZly\ey_lkygZb[he__klZjuf lmgg_e_f\fbj_ _]h\hajZklhdhehq_luj_olukyqe_lKZfu_[hevrb_ `b\hlgu_ dZdb_" ² kZfu_ [hevrb_ KZfu_ [hevrb_²bfyijbeZ]h[hagZqZ_lijbagZdij_^f_lZGn²[hevrhcDZq_kl\_ggh_Mihlj_[e_gh\ iheghcnhjf_\ ij_\hkoh^ghckl_i_gbkjZ\g_gby\hfgq\ Bi< ij_^eh`_gbby\ey_lkyhij_^_e_gb_fIh^a_fgh_ ha_jh dZdh_" ² ih^a_fgh_ Ih^a_fgh_ ² bfy ijbeZ]h[hagZqZ_lijbagZdij_^f_lZGn²ih^a_fgucHlghkbl_evgh_Mihlj_[e_gh\ nhjf__^qkjjBi< ij_^eh`_gbby\ey_lkyhij_^_e_gb_fDjZkb\uc²djZkb\__ZddmjZlguc²ZddmjZlg__k\h[h^guc²k\h[h^g__kihdhcguc²kihdhcg__fZkkh\uc² [he__fZkkh\ucm^h[guc²m^h[g__Lm]hc²lm`_[ebadbc²[eb`_fy]dbc²fy]q_`Zjdbc²`Zjq_]eZ^dbc²]eZ`_a\hgdbc²a\hgq_qmldbc²qmlq_`_kldbc²`_klq_;hevrhc²[he__[hevrhc[hevr_^Ze_dbc²[he__^Ze_dbc^Zevr_^he]bc²[he__^he]bc^hevr_iha^gbc²[he__iha^gbciha`_]hjvdbc²[he__]hjvdbc]hjr_Ohjhrbc²emqr_iehohc²om`_² kZfuc qmldbc DjZkb\uc ² djZkb\_crbc qmldbckihkh[guc²kihkh[g_crbcmijyfuc²mijyf_crbcijhqguc²ijhqg_crbcfheh^hc²kZfucfheh^hcJ_^dbc²j_^qZcrbce_]dbc²e_]qZcrbcyjdbc² yjqZcrbc jZggbc²kZfuc jZggbclhgdbc²lhgqZcrbcojmi ²kZfuc [hevrhcfZe_gvdbcdbc²kZfuc ojmidbc[hevrhc²kZfucfZe_gvdbcIehohc²om^rbcohjhrbc²emqrbc©A^jZ\kl\mca_jdZevp_©Luij_djZkgZkihjmg_lkdZ`bGh`b\_l[_a\kydhc>Z\kxijZ\^m^heh`bkeZ\uY evgZk\_l_\k_ofbe__Kj_^va_e_guy ^m[jZ\u<k_ojmfyg_c b [_e__"ªM k_fb[h]Zluj_cB _ca_jdZevp_\ hl\_lLZqlh\k_` l_[yfbe_cª<k_ofbe__ Y ev dZdh\Z" ² \k_o fbe__ <k_o fbe__ ² ijbeZ]Zl_evgh_h[hagZqZ_lijbagZdij_^f_lZGn²fbeucDZq_kl\_ggh_Mihlj_[e_gh\ iheghcnhjf_\ khklZ\ghcij_\hkoh^ghckl_i_gb\ _^q< ij_^eh`_gbby\ey_lkykdZam_fuf@b\_llZqlh^_eZ_l"²`b\_l@b\_l²]eZ]heh[hagZqZ_l^_ckl\b_Gn²`blvG_\ha\jg_kh\\b^kijMihlj_[e_g\ nhjf_baty\gZdegZkl\j_^qe< ij_^eh`_gbby\ey_lkykdZam_fuf;h]Zluj_c `b\_l m dh]h" ² m [h]Zluj_c M [h]Zluj_c ² bfykmsh[hagZqZ_lij_^f_lGn²[h]ZlujvGZjbph^mrfjkdeMihlj_[e_gh\ nhjf_fgqJi< ij_^eh`_gbby\ey_lkyh[klhyl_evkl\hfIj_^jZkk\_lgZylbrbgZijbekms]eZ]< g_h[udgh\_gghc gbdh]^Z g_ keuoZgghc lbrbg_ aZjh`^Zkmskms]eZ]kmsijbekms_lky jZkk\_l G_[h gZ \hklhd_ a_e_g__l =hem[uf ojmklZe_f aZ]eZ]kmskmsijbekmskms]eZ]]hjZ_lkygZaZj_<_g_jZWlhemqr__\j_fykmlhd?s_\k_kibl]eZ] kmskms]eZ]]eZ]kmskmsKibl \h^Z kiyl dm\rbgdb kiyl mldgm\rbkv ghkZfb \ dhjy]bkms]eZ]kmskmskms]eZ]ju[ukiylilbpub lhevdhkh\ue_lZxlhdhehdhkljZf_^e_gghkmsijbekmsb [_krmfghdZddhfvy[_eh]himoZkms]eZ]]eZ]kms]eZ]Dhl_ehdk_j^blkyb [hjfhq_lgZh]g_Fuihq_fmlh]h\hjbfkms]eZ]]eZ]kmsijbekmsr_ihlhf²[hbfkykim]gmlvjZkk\_lK `_klygufk\bklhfijh]eZ]kmskms]eZ]]eZ]kms]eZ]ghkylkymldbLmfZggZqbgZ_ldem[blvkygZ^\h^hcFugZ\Zebkmskmskms]eZ]]eZ]ijbe\Z_f\ dhkl_j]hjukmqv_\b kfhljbfdZdih^ufZ_lkyh]jhfgh_ijbekmskmsijbeijbekms[_eh_khegp_²khegp_[_kdhg_qgh]he_lg_]h^gyOjmklZe_f aZ]hjZ_lky q_f" ² ojmklZe_f OjmklZe_f ² bfy kmsh[hagZqZ_lij_^f_lGn²ojmklZevGZjbpg_h^mrfjkdeMihlj_[e_gh\ nhjf__^qL\i< ij_^eh`_gbby\ey_lkyh[klhyl_evkl\hfIjhghkylky mldb qlh ^_eZxl" ² ijhghkylky Ijhghkylky ² ]eZ]heh[hagZqZ_l^_ckl\b_ij_^f_lZGn²ijhghkblvky<ha\jg_kh\\b^kijMihlj_[e_g\ nhjf_baty\gZdegZkl\jfgqe< ij_^eh`_gbby\ey_lkykdZam_fuf;_kdhg_qgh]h ^gy dZdh]h" ² [_kdhg_qgh]h ;_kdhg_qgh]h ² bfy ijbeZ]h[hagZqZ_lijbagZdij_^f_lZGn²[_kdhg_qgucDZq_kl\_ggh_Mihlj_[e_gh\ iheghcnhjf_\ _^qJi< ij_^eh`_gbby\ey_lkyhij_^_e_gb_fNml[hebklm^ZjbeihfyqmM^ZjbeagZqbl_]hgh]ZhdZaZeZhij_^_e_ggh_\ha^_ckl\b_gZfyq b kdhjhklv fyqZ m\_ebqbeZkvDgb`gZyj_qvK_j_`ZgZdZlu\Z_lfyqgZ<Zgvdmb lhl²[Zp²g_h`b^Zggh[v_lk oh^mFyqkhk\bklhfe_lbl\ \hjhlZJZa]h\hjgZyj_qv²fgh]h²²fgh]hJKghJKhhh[s_gb_khh[s_gb_.