If there are significant others and/or dependents in your life, it’s worth taking the time to consider how they will be protected financially if you die

Start by figuring out what you can afford and how long you will need it for, and then work out the sums

Increasing numbers of Irish people in the autumn of their lives are choosing to officially divorce or, at least, file for judicial separations. Photograph: Getty Images/iStockphoto

Ireland has one of lowest divorce rates but the number of ‘silver splitters’ is going up

Grand Canal Dock: Dublin is now the 47th most expensive city in the world for expats to live and work in – behind London, San Francisco, and Paris – but ahead of other start-up hubs like Berlin (100), Barcelona (110) and Lisbon (134).  Photograph: Eric Luke / THE IRISH TIMES

Dublin has issues with the shortage of suitable office space – and the inflexibility of letting contracts

Given the low return environment we are in, charges imposed on approved retirement funds may be negating any return the fund offers

Pensions Council report warns charges are wiping out the value of retirement funds

Despite a volatile external environment, US companies are still looking to Ireland

Despite uncertainty on several fronts, US firms continue to invest here

 Assets plummeted at Dublin’s Bank of America Merrill Lynch from €361 billion in 2010 to just € 5 billion as of the end of 2015, as the bank continued to retrench its Irish operations.Photograph: Aidan Crawley

Dublin-based bank reported €22 million loss in 2015, down from €14 million profit in 2014

AIB subsidiary Haven said on Wednesday that it will cut its standard variable rate by 0.32 percentage points to 3.4 per cent. The reduction will apply to both new and existing customers, and coincides with a 0.25 percentage point cut in the lender’s loan-to-value rates, meaning the lowest rate now on offer is 3.1 per cent.

Cut to 3.4% means homeowner with €200k mortgage will save €410 a year

Frankfurt already has the European Central Bank (pictured) so why not the European Banking Authority for Dublin? (Photograph:  DANIEL ROLAND/AFP/Getty Images)

MEP Brian Hayes says Dublin would be ‘ideal’ location for banking watchdog

Raisin.com is offering Irish savers more options - but consumers should consider the strength of any financial institution before placing money with it.

Savers could double their return by placing a deposit via raisin.com

The UK vote to leave the European Union is negative for Ireland, raising risks to growth and creating uncertainty around future relations with Northern Ireland, Fitch Ratings said on Tuesday. (Photograph: Jason Alden/Bloomberg)

Ratings agency says reduced domestic confidence could be an issue

Strong growth in sales of books and newspapers, clothes, and hardware and paint, saw retail figures climb by 0.7 per cent in the month of May.

Increase driven by strong increases in sales of hardware, books and clothes; retail sales now just 3.3% off the peak of January 20(...)

Irish retail savers are feeling the pinch with negligible returns on offer across the board

Low or even zero interest rates look here to stay but as recent market turmoil has so clearly shown, moving out of deposits is a r(...)

Global financial institutions of the likes of Morgan Stanley and Legg Mason have been touted as potential candidates to shift some of their business to Dublin, creating thousands of financial services jobs in the process. But is this likely?

Some suggest city could capture 300,000 jobs over time as Central Bank readies resources for flood of potential authorisations - (...)

Announcing the change Minister for Finance Michael Noonan said the change will be “of particular benefit to those individuals with buy-out bonds whose defined benefit scheme may have been wound up and who had no choice but to accept a transfer to a bond”.

DB members will be to able to invest pension funds in approved retirement funds (ARFs) for the first time

In the Republic the value at UK retailers could see more negative effects. Dermott Jewell of the Consumers’ Association of Ireland (CAI) said familiar high-street names will feel the pinch of leaving the single market.

Prices of UK retail products may become cheaper

From powerful vacuum cleaners to online shopping, life may change now

Dutch airline KLM said on Tuesday that it will launch a new, twice-daily flight between Amsterdam and Dublin.

New Dublin-Amsterdam route will help boost tourism from the Benelux region

According to new figures from the Central Bank for the first three months of the year, gross new lending to SMEs was € 200 million higher than in the same period in 2015, rising to €  657 million, as draw-downs, particularly for property investment and development, continued to increase.

Property investment and development drive demand for funds but total lending falls by 10% on an annual basis

Pádraig Harrington, making his way onto the 18th green during the Seve Trophy, Pro-Am in Druids Glen, Co Wicklow in 2002. File photograph: Dara Mac Dónaill/The Irish Times

Parties involved in Wicklow golf course reach agreement on debts

HSBC has broken mortgage records by offering UK customers a two-year fixed rate home loan at an interest rate of 0.99 per cent, underlining the difference between the rates Irish homeowners are paying on their mortgages versus their European peers. (Photograph: Joe Giddens/PA Wire)

Move highlights differential in mortgage rates between Ireland and rest of Europe

Property investment company Hibernia said on Tuesday that it has received full planning permission for Phase 2 of the redevelopment of the Garda control centre at Harcourt Square in Dublin, paving the way for a “landmark development” on the site.

Site is subject of a legal dispute with the Office of Public Works (OPW)

Working out the most cost-effective way to amass summer holiday money can be tricky

From contactless payments, to credit cards and foreign exchange, here are some tips that will help you cut bank fees and spend mor(...)

Nick Ashmore, chief executive, Strategic Banking Corporation of Ireland (SBCI) said the figures show “that the more choice and competition generated in the SME lending sector, the more we can help our indigenous businesses grow and support jobs and so we hope to build on this initial impact and further support Irish economic activity with an active pipeline of new lenders and funders in 2016.” (Photograph: Alan Betson / The Irish Times)

State-backed agency hopes to further support Irish businesses in 2016 with an active pipeline of new lenders and funders

While life outside of the EU may see some changes which verge on the absurd - “powerful” vaccum cleaners may return to the shops in Northern Ireland for example - others will have a far greater impact and could impinge on our rights to work and travel in the UK. (Photograph: HAYOUNG JEON/EPA)

It’s still too close to call it, but if the UK votes to Leave this week it won’t just be the Irish economy that will be hit - it w(...)

Lenders to Irish mining group Kenmare Resources have approved the company’s restructuring plan, which will see the group cut its debt by $269 million (€238m) through a share sale. (Photograph: ARIEL MARINKOVIC/AFP/Getty Images)

Deal will see mining group cut its debt by $269 million through a share sale

Keeping abreast of the changing technological environment in financial services is “quite challenging”, Central Bank Governor Philip Lane said on Thursday. Photo: Eric Luke/The Irish Times

Governor addresses financial services industry on challenge of new technologies

The National Treasury Management Agency (NTMA) sold €500 million in six-month treasury bills on Thursday morning, at an average yield, or interest rate, of -0.22 per cent. (Photograph: Eric Luke/The Irish Times)

Yield on treasury bills still negative amid tremors in the bond market

Dealz operated some 53 stores - eight of which are in retail parks - in Ireland as of March 2016, up from 41 in the prior year. The chain has some 300,000 weekly customers in Ireland it said. (Photograph: Eric Luke / THE IRISH TIMES)

Discount retailer says 300,000 customers visit its 53 Irish stores each week

A price increase of 7.74 per cent in the year to March 2016 saw Ireland take its place as the sixth fastest growing market in the world behind Turkey (Istanbul 19.05%); China (Shanghai 16.64%); Sweden (12.1%); Romania (11.55%) and Qatar (9.27%).

Annual growth of 7.7% in year to March 2016 sees Ireland outpace growth in Germany, Netherlands and Canada

The Central Bank said on Tuesday that the introduction of new mortgage rules has led to a “marked slowing in house price inflation”.

Regulator to start consultation on Wednesday; submissions will inform its annual review to be published in November

In simple terms, a universal basic income (UBI) is an income which is provided without conditions to every adult and child

Arguments are growing for basic income payments

Surmodics, which operates in medical devices and in vitro diagnostics, plans to develop the Ballinasloe operations by investing more than €  7 million in facility development, including the recently acquired building, and creating 100 new jobs above the current base of 32 over the next five years.

Surmodics to invest in R&D at new Galway facility bringing headcount to 132

Back in 2013, just 2 per cent of the total stock of residential mortgages outstanding were owned by  so-called ‘non-bank entities’. Fast forward to March 2016, and they now account for 5 per cent (47,409) of the total stock, and as much as 7 per cent of buy-to-let (BTL) mortgages.

New mortgage arrears figures show so-called ‘vulture funds’ account for about 5% of repossessions

Saving for a rainy day has gotten harder for Irish savers as Central Bank figures show that deposit rates continue to plummet.

Irish property buyers are still paying considerably more on their mortgage than Euro area borrowers

Figures frome the Central Bank published Wednesday show that as of end-March 2016, some 85,989 mortgages on primary residences were in arrears, a reduction of 2.6 per cent on the fourth quarter of 2015.

Accounts in arrears now represent 11% of total mortgages and 17% of buy-to-let borrowings

Following GIC’s acquisition of a stake in Eir, Anchorage Capital Group will remain as the group’s largest shareholder, holding in excess of 35 per cent of the group’s shares.

€ 232m investment is expected to value telecommunications company at up to €3.5bn

The EU Commission’s probe into Apple’s tax affairs in Ireland is one of the Department of Finance’s policy priorities for 2016. (Photograph: Josh Edelson/AFP/Getty Images)

Details on Apple’s tax affairs, Irish Water and the sale of the State’s stakes in AIB/BOI are removed from briefing notes

Irish banks including AIB are selling down their Irish government debt holdings ahead of potential EU regulations. (Photograph: Paul McErlane/Reuters)

Divestment could put pressure on Irish sovereign debt spreads Fitch says

Got a spare bike: rent it out on a website like Spinlister. Photograph: Nick Bradshaw

Assets which people may not even realise they have can be put to use to increase income

Figures from the Central Bank show that household lending slumped by 3.5 per cent in April, compared with the same period in 2015, as mortgage loans fell by € 176 million during the month, or by 2.3 per cent in the year. Households repaid € 1.8 billion more than was advanced in new loans.

Subdued lending environment ‘cause for concern’ economist says

Fintan Ryan, chairperson of DCG Card Services and chief executive of Tralee Credit Union,  with the proposed Mastercard debit card. “We’re not for profit and we’re not looking to make anything out of the card. That’s the advantage of it,” he said.

Plans for Mastercard account announced on Tuesday were not approved by regulator

Job market concerns, fuelled by job losses in companies like Intel, may be behind a softening of consumer confidence in May. (Photograph: Dave Meehan/The Irish Times)

High profile job losses at Intel and spectre of Brexit sees consumer confidence decline

One section of the market that is still declining however is those looking to trade-up.Restricted perhaps by negative equity or the difficulty in saving a 20 per cent deposit in the capital, approvals in this category slumped by 13.8 per cent in the year to April 2016, with just 623 approvals in the three month period.

Traditional spring selling season is bringing out the first-time buyers but approvals are still down on an annual basis

If Irish banks are charging over the odds on mortgages, then it stands to reason that they’re earning considerably higher margins. Photograph: Dominic Lipinski/PA Wire

Irish banks earn second highest margins on new mortgage lending in euro zone, ECB figures show

Aryzta chief executive Owen Killian said Q3 revenues “confirm an improving trend in all regions”. (Photograph: Cyril Byrne / The Irish Times)

Food group struggles to halt slide in investor confidence linked to concern over US arm

AIB customers can avoid bank charges of €4.50 a quarter by keeping a balance of €2,500.  (Photograph: Crispin Rodwell/Bloomberg)

PTSB is hoping to shake up the market with its new cashback current account - the only one available on the Irish market. But is i(...)

The figures show a significant increase in the number of workers who will depend on the state pension for an income in retirement. Back in 2009, a little over a quarter (26%) of workers said the pension would be their main source of income - but this jumped to 36 per cent in 2015.

CSO figures show 36% of workers to rely on state pension as only form of income in retirement as private pension cover declines (...)

Padraic Rhatigan: “I would see us attaining about 20 per cent growth.”

Small Business Future proof Padraic Rhatigan, JJ Rhatigan

Putative tenants should expect rents upwards of €1,400 a month for the planned development in the Beacon South Quarter, Sandyford, Dublin. Photograph : Matt Kavanagh / The  Irish Times

Development consists of four one-bed, 55 two-bed and nine three-bed apartments

PIBA, the country’s largest group of financial brokers, has reiterated its call for the Central Bank to soften its mortgage lending rules, introduced in 2015. Brokers want the regulator to reduce the 20 per cent deposit requirement to 10 per cent, with the maximum loan amount being increased from 3.5 to 4.5 times income.

Strict lending criteria, not rules around exemptions, are hindering mortgage volumes brokers say

In line with European interest rate movements, deposit rates in Ireland are trending downwards, but figures from the European Central Bank earlier this month showed that Irish savers are earning the lowest return on their deposits across 18 European countries.

Savers could lose €300 a year as KBC slashes top rate to 0.7% and Rabodirect to 0.6%

AIB chairman Richard Pym has held the position of chairman of UK Asset Resolution Limited since 2010. (Photograph: Eric Luke / The Irish Times)

Richard Pym to step down from UK Asset Resolution Limited in June 2016

Twitter is to increase the amount of space it takes at Hibernia Reit’s Cumberland House, up by 16.5k sq ft to 101.5k sq ft for for € 0.7 million extra rent. (Photograph: Twitter/PA Wire)

Property investor reports 17% increase in NAV; Twitter increases space it will take at Cumberland House

It seems that loyalty cards are everywhere these days, with most of the larger chains and department stores – and many of the smaller ones – now offering loyalty schemes

Fiona Reddan asks if loyalty cards are worth the effort?

Minister for Housing, Planning and Local Government Simon Coveney has a remit to sovle the housing crisis. But the Construction Industry Federation (CIF) warns that without “a concomitant increase in capital investment in infrastructure” the government’s plan to increase housing supply up to 25,000 houses each year by 2020 risks creating “unsustainable ghost communities in the regions”. (Photograph: Brenda Fitzsimons / THE IRISH TIMES)

Without investment in infrastructure Government’s housing strategy could create ‘ghost communities’ in the regions

 KBI chief executive officer Sean Hawkshaw: “We have developed a truly international business over the last five years, with clients from Sydney to San Fransisco, and from the Shetland Islands to Seoul,”Photograph: Eric Luke / The Irish Times

Management’s 12.5% stake understood to be valued at about €16-€19 million

Ronan Harris is Google’s CEO in Ireland, overseeing a workforce of 5,000. The electrical engineer took up the role in May 2015 and is now charged with running the Irish business, a “growth engine” for businesses across Europe, the Middle East and Africa.   (Photograph: Shane O’Neill /Fennell Photography)

Five new CEOs of Top 1000 companies on driving performance, inspiring leadership and asking tricky interview questions

Ireland’s Top 1000 companies hit record profits of some €36bn in this year’s survey

Julie Sinnamon, CEO of Enterprise Ireland. The agency has organised trade missions for SMEs in the midlands and west and southwest..

Move will boost employment at technical firm to almost 600 by 2017

Fianna Fail’s mortgage Bill would give new powers to the Central Bank to reduce monthly payments for many of the 300,000 households paying variable interest on their loans. (Photograph:  The Irish Times)

Fianna Fail’s mortgage bill will ‘stymie competition and ill-serve consumers’ stockbroker says

Mr Millar spent almost 23 years with Ryanair as deputy chief executive and chief financial officer before stepping down in October 2014. (Photograph: Bryan O’Brien/The Irish Times)

Howard Millar joins aviation financing group with plans for $1bn capital raise later this year

The Health Services Executive was Ireland’s biggest importer of skills in the first fourth months of 2016, with 479 visa applicants. ( Photograph: Lynne Cameron/PA Wire)

2016 is set to be a record year for Irish work permits as companies look abroad to fill skills gaps

Despite stagnant incomes, a higher tax burden and the ongoing drain of negative equity, Irish households are in a better financial position than one might expect

We’re richer than the Germans thanks to our love of property – but we still carry one of the highest debt burdens in Europe

G4S, the world’s biggest security company, said at the weekend it is in talks with banks in Ireland, as well as those in the UK, Netherlands, Cyprus, Greece, and Belgium , over the launch of high street branches. (Photograph: Chris Ratcliffe/Bloomberg)

Security company G4S is said to be in talks with Irish banks to create “bank in a box” or shared bank branches

The Carrickmines outlet will act primarily as “a planning studio”, Ikea said, with room displays on site to  help people plan and order more complex purchases such as kitchens, wardrobes and sofas.

Fans of the low-cost furniture chain will have to order their Billy bookcases from Carrickmines store before bringing them home; a(...)

On Friday, Moody’s upgraded Ireland back to an “A” grade, moving the sovereign by one notch to A3 from Baa1. (Photograph: Scott Eells/Bloomberg)

Yield on 10-year bonds dip to below 0.8% following Moody’s upgrade of the sovereign

Despite the closure of the Cork-London route Cityjet said that there are “potentially viable routes” to other European destinations which could prove “particularly attractive”.

Airline says 18 weekly flights will cease from June 26th; affected passengers will get refund

The CSO said that falling transport costs were mainly due to lower petrol and diesel prices.   (Photograph: Yui Mok/PA Wire)

The cost of car insurance continues to soar, with an annual rise of 34.5 %

Brian Hayes has suggested that the new government should work with banks, regulators and other institutions to pave the way for long-term fixed interest mortgages at competitive rates.

Long-term mortgages could be answer to country’s ‘dysfunctional’ mortgage market; Bank of Ireland CEO says focus remains on fixed(...)

If today’s auction is fully subscribed, the NTMA will have sold some € 5.5 billion in bonds so far this year, edging closer to its full-year target of between € 6 and € 10 billion. (Photograph: Eric Luke/The Irish Times)

Analysts say today’s bond issue looks cheap; Moody’s upgrade now ‘probable’

Brian O’Cathain, chief executive, Petroceltic. The   Dublin-headquartered oil and gas company said on Thursday that examiner Grant Thornton has appointed Worldview International Management as the successful investor in the sale of the company. (Photograph: Dara Mac Donaill / The Irish Times)

Examinership of oil and gas company is now expected to conclude in early June

From Thursday May 19th, the on-demand cleaning service will increase its hourly rate from €12 to €  13.90 for weekly and fortnightly bookings, and € 15.90 for one-off bookings.

Cleaning service to hike up cost of one-off cleans by 33% to €16 an hour

AIB may have saved €15 million by not extending its latest 0.25 per cent variable rate mortgage cut to customers of its EBS and Haven subsidiaries.  (Photograph:  Cyril Byrne/The Irish Times)

State-owned bank yesterday offered 0.25 percentage points rate cut to variable rate customers

A 2015 survey from the Competition and Consumer Protection Commission showed that just 2 per cent of mortgage holders have switched in the past five years. This is despite the fact that the Central Bank found last year that some 109,705 people could save money by switching mortgages.  Photograph: Kate Geraghty

The switching market is finally heating up on the back of rate cuts from AIB and KBC. But, while the savings can be considerable,(...)

AIB’s rate cut will please its customers, but has the bank gone far enough? (Photograph: Cyril Byrne/The Irish Times)

Move will benefit 50% fewer AIB customers than last rate cut and the banks’ customers are still paying considerably more than Euro(...)

The Treasury Building, home to NTMA. The agency said on Monday it will auction  €750 million in six year treasury bonds on Thursday. (Photograph: Eric Luke/The Irish Times)

First issue for NTMA since creation of new government

Some experts  fear that  allowing retirees to cash in all their pension at retirement could see a surge in spending on cruises and holidays - therefore impacting the long term sustainability of pension funds. (Photograph: Xaume Olleros/Bloomberg)

Pension expert warns that cashing in pension pot early can raise sustainability issues

Irish savers are earning less of a return on their deposits than their European peers figues from the ECB show.

Irish savers earning just 0.18% on fixed term deposits compared with 1.69% in the Netherlands

Speaking on Bloomberg TV, Mr O’Brien said that Digicel, of which he is the principal shareholder, is still “highly profitable” and that he will keep investing heavily in the Caribbean and South Pacific mobile operator, including buying other businesses. (Photograph: Swoan Parker/Reuters)

Businessman says Caribbean mobile operator remains ‘highly profitable’

This quarter will be a tricky period” for many Irish manufacturing firms, ahead of June’s EU referendum in the UK, given that it is the destination for roughly one-seventh of Irish merchandise exports. (Photograph: Andrew Milligan/PA Wire)

Upcoming Brexit referendum cited as a key risk for Irish exporters

Deciding how to generate an income from your pension pot is one of the biggest financial decisions you’ll ever makeunhappy senior couple worrying about expenses

Retirees these days face the daunting task of deciding how to make their fund last for the rest of their lives

Nationally, property prices rose by 7.4 per cent in the twelve months to March 2016, figures show, down from an increase of 16.8 per cent in the same period to March 2015. (Photograph: Cyril Byrne / THE IRISH TIMES)

Figures point to further growth in Dublin but recovery outside the capital may be softening

Alan Gilbert conducts the New York Philharmonic, the National Concert Hall’s top-grossing event in 2015. (Photograph: Chris Lee)

Some 320,000 people visited the National Concert Hall in 2015 but rising expenses sees venue report €300,000 deficit

Consumer Price Index: gives an insight into how Irish families have changed their eating habits, their houses and how they entertain themselves

Consumer Price Index tracks inflation but reveals goods and services that have fallen out of favour

Paul Dowling has left the board of Petroneft although he  will remain as chief financial officer of the company. (Photograph: Frank Miller /	THE IRISH TIMES)

Board shake-up sees Maxim Korobov join the board of oil explorer

KPMG managing partner Shaun Murphy: “Continued economic growth has provided opportunities for Irish-based businesses to expand their operations.”  Photograph: Cyril Byrne

Numbers employed by KPMG, PwC, EY and Deloitte also increase by 12% last year

Lorcan O’Connor, director of the  Insolvency Service, said on Tuesday that applications for debt relief are likely to continue to increase over the coming months. (Photograph: Eric Luke / THE IRISH TIMES)

New measures which allow decisions on family homes to be reviewed cited as driving growth

Property search: figures from Myhome.ie indicate that the average national asking price is now €208,000. Photograph: Aidan Crawley/Bloomberg

Property purchasers struggling to save more than a 10% deposit should remember that there are ways to get exempted from the rules

Ireland’s Cian O’Connor takes flight during last year’s Horse Show at Dublin’s RDS. The venue is set to redevelop its main arena, at a cost of about €35 million, after next year’s Horse Show.

Redevelopment of main arena set to commence after 2017 Horse Show

Ulster Bank is set to cut its four-year fixed mortgage rate to a market beating 3.29 per cent, in an effort to attract switchers as part of a consumer initiative led by One Big Switch. (Photograph: Alan Betson / The Irish Times)

Bank has linked up with consumer group One Big Switch to offer lower fixed rate loans to switchers

Raisin.com has just launched in Ireland, allowing	Irish savers to access the online platform to shop around for the best deposit rates across Europe.

Raisin.com has linked up with Czech and Polish banks to offer savers returns of up to 2.2%

If you want to stay tuned for the next series of House of Cards in high definition you’ll have to be prepared to pay €2 more for your subscription if you were one of the early adoptees of the service. (Photograph: David Giesbrecht/Netflix)

Streaming service is set to put all customers on level paying field from May

The voyage ahead: while technological leaps such as internet banking may be harder for some older people to avail of, some insurance and mortgage services actively penalise those who are older – or refuse them service completely

Web-only deals, mortgage rejection or insurance refusal: there is financial ageism

Buoyant sales of Easter eggs and legs of lamb saw supermarket sales jump by 4.6 per cent in the first quarter of the year, as SuperValu retained its grip on the top spot with a near 25 per cent market share.

Irish grocery chain holds onto the top spot as Lidl reports fastest ever sales increase

German banks  came to Dublin to avail of the IFSC 10 per cent corporation tax regime in the 1990s. Photograph: Bryan O’Brien/The Irish Times

Departure from IFSC is one in series of German banks withdrawing from Dublin

Property prices rose by 1.3 per cent in the first quarter of 2016, Sherry Fitzgerlad said on Monday, as it warned that the price increases “mask the true dysfunctional nature of the market”. (Photograph: Cyril Byrne / THE IRISH TIMES)

Market is ‘dysfunctional’ and may worsen as supply of property falls to lowest on record and investors flee

Hostelworld said it has made good progress in Asia, which is the fastest growing destination region (+10%), while South Korea is now the seventh highest nationality for Hostelworld brand bookings.

Travel website will pay maiden dividend of 2.75 cents a share

Life’s a beach: the problem facing countries all around the world is how will they continue to pay for pension benefits at a time when the population is living longer than ever before

With the number of over-65s in Ireland projected to increase from 570,000 to 855,000 in the coming decade, the pension time bomb(...)

According to the latest figures from Rubicon Investment Consulting, the top performing Irish managed pension fund during March was Setanta Asset Management , with a return of 2.4 per cent. Merrion Investment Managers was bottom of the table with a zero return.

March was a ‘strong’ month for pension funds but funds are down 7% on the year

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