Tạp chí containerisation informa_ci_20140102.pdf

7/21/2019 Tạp chí containerisation informa_ci_20140102.pdf

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;<82 hjg t `s ocrdbhst tc bcjt jud tc mrcw ht ?% pdr hjjun orcn ;<82 tc ;<8?.

Jcrta Durcpd tc N`g-Dhst Muio & @jg`hj Rukbcjt`jdjt Ndg tdrrhjdhj tc N`g-Dhst Muio & @jg hj Rukbcjt jdjt

Jcrta Durcpd tc N`g-Dhst Muio & @jg`hj Rukbcjt`jdjt (‑<<< tdu)Jcrta Durcpd `jbiugds jcrtadrj Durcpd, Rbhjg`jhv`h hjg tad Khit`b

Ndg`tdrrhjdhj tc N`g-Dhst Muio & @jg`hj Rukbcjt`jdjt (‑<<< tdu)Ndg`tdrrhjdhj `jbiugds Jcrta Hor`bh hjg Kihbe Rdh

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N`g-Dhst Muio & @jg`hj Rukbcjt`jdjt tc jcrta Durcpd (‑<<< tdu)ND Muio & @jg`hj Rukbcjt`jdjt `jbiugds Muio sthtds, @jg`h, \he`sthj, Rr` Ihjeh & Khjmihgdsa

N@g-Dhst Muio & Rukbcjt`jdjt tc Ndg`tdrrhjdhj (‑<<< tdu)ND Muio & @jg`hj Rukbcjt`jdjt `jbiugds Muio sthtds, @jg`h, \he`sthj, Rr` Ihjeh & Khjmihgdsa

• Tjgdriy`jm dhstkcujg trhgd mrdw ky 7% j ;<8; kut s dxpdbtdg tcohii ky ;% j ;<82.• Tjgdriy`jm wdstkcujg trhgd mrdw ky 8% `j ;<8; hjg `s dxpdbtdg tcmrcw ky 7% `j ;<82.• Co tad idhg`jm adhgahui bcnncg`t`ds, occg hjg phpdr sacw tad ncstmrcwta.• Hjjuhi adhgahui mrcwta orcn ;<8; tc ;<8? s ocrdbhst tc kd 4%.• Rdrv`bd bhphb`ty dhstkcujg j tad ta`rg quhrtdr co ;<82 s dst`nhtdgtc kd 8% kdicw tad shnd quhrtdr ihst ydhr• P-c-P j tad ta`rg quhrtdr co ;<82, dst`nhtdg utì`sht`cj s dst`nhtdgtc ahvd jbrdhsdg kut ord`mat rhtds hjg prco`ts hrd dst`nhtdg tc ahvdgdbrdhsdg dhstkcujg.

• Tjgdriy`jm dhstkcujg trhgd mrdw ky 0% j ;<8; hjg s dxpdbtdg tcmrcw ky 88% `j ;<82.• Tjgdriy`jm wdstkcujg trhgd ahs kddj mrcw`jm ky ?% j ;<8; hjg sdxpdbtdg tc mrcw ky 8=% `j ;<82.• Co tad idhg`jm adhgahui bcnncg`t`ds, n`jdrhi nhjuohbturds, hj`nhioddgs hjg oru`t & vdm sacw tad ncst mrcwta.• Hjjuhi adhgahui mrcwta orcn ;<8; tc ;<8? s ocrdbhst ht 0%.• Rdrv`bd bhphb`ty dhstkcujg `j tad ta`rg quhrtdr co ;<82 `s dst`nhtdg tckd nhrm`jhiiy icwdr tahj tad idvdi cksdrvdg tad shnd quhrtdr ihst ydhr.• P-c-P j tad ta`rg quhrtdr co ;<82, dst`nhtdg utì`sht`cj s dst`nhtdgtc ahvd rdnh`jdg suksthjt`hiiy sthkid, ord`mat rhtds hjg prco`ts hrddst`nhtdg tc ahvd gdbrdhsdg dhstkcujg.

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* Dxbiugds `jtrh rdm`cjhi trhgd. ** Ocrdbhst. Cj tad khs s co trhgd ghth hvhìhkid `j n`g-Humust, tad bcjsuithjby prcfdbts tad ociicw jm bahjmds j ujgdriy jm gdnhjg hicjm tad nh jtrhgd ihjds ocr ichgdg bcjth jdrs ocr tad ocrtabcn jm 8; ncjtas (7X ;<82 ‒ 2X ;<87 hsbcnphrdg w ta tad prdv`cus 8; ncjtas). Ocr dxpihjhtcry jctds taht gdo jd acw ghth ahs kddjcrmhj sdg pidhsd sdd www.kcxtrhgd jtdii mdjbd.bc.ue.

;<88-;<8;

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Jcrta Hndr`bh tc Durcpd -88% +?% +7%

Jcrta Hndr`bh tc Hs`h (Ohr Dhst) +4% +;% +8?%

Hs`h (Ohr Dhst) tc Durcpd -;% +8% +88%

Hs`h (Ohr Dhst) tc Jcrta Hndr`bh +7% +?% +=%

Durcpd tc Hs`h (Ohr Dhst) +7% <% +88%

Durcpd tc Jcrta Hndr`bh +7% +?% +=%

Jcrta Hndr`bh dxpcrts * +8% +2% +8<%

Jcrta Hndr`bh npcrts * +4% +2% +1%

Hs`h (Ohr Dhst) Dxpcrts * +7% +2% +8<%

Hs`h (Ohr Dhst) @npcrts * +0% +;% +0%

Durcpd & Ndg Dxpcrts * +?% +2% +0%

Durcpd & Ndg @npcrts * -;% +;% +8<%

@jtrh Hs`h (Ohr Dhst) +4% +4% +4%

@jtrh Durcpd +;% +?% <%

Mickhi cvdrv`dw +?% +7% +1%


Bcnncg`ty ;<88 ;<8; ;<82 ;<87 ?7 \hpdr & \hpdrkchrg 01 8<4 887 8;4== Didbtr`bhi Nhba`jdry 40 ?< 40 ?7<0 N`sbdiihjdcus Occg \rcgubts 41 ?? =? 17=1 [chg _da`bids 4? 4< 48 44;1 Crds & Rbrhp 42 44 48 48Cvdrhii adhgahui `jgdx 8<< 8<7 8<; 8<= Cvdrhii khbeahui `jgdx 8<< 8<8 8<4 888

Idhg`jm jg`bhtcrs6 adhgahui orcn Ndg ‑<<< tdu. @thi`bs > prcfdbtdg

Bcnncg`ty ;<88 ;<8; ;<82 ;<87 <1 Hj`nhi Oddg`jmstuoos ;27 ;1? 7<8 40;<4 _dmdthkids & Oru`t, Juts 84; 8?= 8=? 8=2 ?? N`jdrhi Nhjuohbturds 84< 8=7 818 8=1;= Brugd Odrtì`sdrs & N`jdrhis 12 00 07 0110 N`sbdiihjdcus Nhjuohbturds ?8 ?= =8 ?1Cvdrhii adhgahui `jgdx 8<< 8<0 8;< 827 Cvdrhii khbeahui `jgdx 8<< 8<? 8;4 877

Tjgdriy`jm uj`t`sdg trhgd mrcwta rhtds (ydhr cj ydhr)

www.bcjth`jdrsa`pp`jm.bcn BCJWH@JD[@RHW@CJ @JWD[JHW@CJHI <4Fhjuhry/Odkruhry ;<87




<? BCJWH@JD[@RHW@CJ @JWD[[email protected]`jdrsa`pp`jm.bcn Fhjuhry/Odkruhry ;<87


Rpdb`hi sdg nhba jdry mrdw kut mdjdrhi jgustr`hi nhba jdry hjgkdvdrhmds odii, w ta trhoo`b j tad dhstkcujg g`rdbt cj jbrdhs jm ky7%.

Wrhgd orcn tad Ndg tdrrhjdhj tc Jcrta Hndr`bh `s prcfdbtdg tcmrcw ky 0% ky tad djg co ;<82, w ta hii idhg jm bcnncg t ds r`s jm.Mrcwta orcn ;<82 tc ;<8? `s ocrdbhst ht 4% pdr hjjun. Dhstkcujgtrhoo`b jbrdhsdg ky 4.4% j ;<82.

Wrhgd orcn jcrtadrj Durcpd tc tad Muio hjg @jg`hj sukbcjt jdjt`s prcfdbtdg tc ohii ky ;% ky tad djg co ;<82, w ta phpdr hjgphpdrkchrg hjg occg prcgubts kube jm tad trdjg, hjg `s ocrdbhst tcmrcw ht tad rhtd co =% pdr hjjun orcn ;<82 tc ;<8?.

Wrhgd orcn tad Ndg tdrrhjdhj tc tad Muio hjg @jg`hj suk-bcjt jdjt`s prcfdbtdg tc mrcw ky 88% ky tad djg co ;<82, kd jm idg ky hj nhioddg jm-stuoos hjg n jdrhi nhjuohbturds. @t `s ocrdbhst tc mrcw ht tadrhtd co 1% pdr hjjun orcn ;<82 tc ;<8?.

Wrhgd mrcwta orcn jcrtadrj Durcpd tc Dhst hjg scutadrj Hor`bh `sprcfdbtdg tc mrcw ky ;% ky tad djg co ;<82. Wa`s mrcwta whs idgky rchg vda`bids. @t `s ocrdbhst tc bcjt jud tc mrcw ky ?% pdr hjjun

orcn ;<8; tc ;<8?.Wrhgd orcn jcrtadrj Durcpd tc Hustrhihs`h `s prcfdbtdg tc mrcw

ky 8% ky tad djg co ;<82, kd jm idg ky didbtr`bhi nhba jdry. @t `socrdbhst tc mrcw ky ?% pdr hjjun orcn ;<82 tc ;<8?.

Jcrta Durcpd tc D&R Hor`bh Jcrta Durcpd tc Hustrhihs`h & Cbdhj`hJcrta Durcpd tc D&R Hor`bh (‑<<< tdu) Jcrta Durcpd `jbiugds jcrtadrj Durcpd, Rbhjghjhv`h hjg tad Khit`b

Jcrta Durcpd tc Hustrhihs`h & Cbdhj`h (‑<<< tdu) Jcrta Durcpd `jbiugds jcrtadrj Durcpd, Rbhjghjhv`h hjg tad Khit`b

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D&R Hor`bh tc jcrta Durcpd (‑<<< tdu) Hustrhihs`h & Cbdhj`h tc jcrta Durcpd (‑<<< tdu) Hustrhihs`h & Cbdhj`h `jbiugds Hustrhi`h, Jdw Vdhihjg hjg \hbò`b @sihjgs

• Cvdrhii scutakcujg trhgd mrdw ky =% `j ;<8; hjg `s dxpdbtdg tcmrcw ky ; % `j ;<82.• Tjgdriy`jm jcrtakcujg trhgd mrdw ky 87% `j ;<8; kut `s dxpdbtdgtc ohii 4% `j ;<82.• Co tad idhg`jm adhgahui bcnncg`t`ds cjiy phpdr sacws bcjs`stdjtmrcwta.• Hjjuhi adhgahui mrcwta orcn ;<8; tc ;<8? `s ocrdbhst ht ?%.• Rdrv`bd bhphb`ty scutakcujg `j tad ta`rg quhrtdr co ;<82 `sdst`nhtdg tc kd 8% kdicw tad ta`rg quhrtdr co ;<8;.• P-c-P `j tad ta`rg quhrtdr co ;<82, dst`nhtdg utì`sht`cj `s dst`nhtdgtc ahvd `nprcvdg kut prco`ts hjg ord`mat rhtds hrd dst`nhtdg tc ahvdgdbrdhsdg scutakcujg.

• Cvdrhii scutakcujg trhgd mrdw ky ?% `j ;<8; hjg `s dxpdbtdg tcmrcw ky ;% `j ;<82.• Tjgdriy`jm jcrtakcujg trhgd ahs kddj mrcw`jm ky ?% `j ;<8; kut`s dxpdbtdg tc ohii ky =% `j ;<82.• Co tad idhg`jm adhgahui bcnncg`t`ds, n`sb nhjuohbturds hjgphpdr sacws ncst mrcwta.• Hjjuhi adhgahui mrcwta orcn ;<8; tc ;<8? `s ocrdbhst ht ?%.• Rdrv`bd bhphb`ty scutakcujg `j tad ta`rg quhrtdr co ;<82 `sdst`nhtdg tc kd 2% hkcvd tad ta`rg quhrtdr co ;<8;.• P-c-P j tad ta`rg quhrtdr co ;<82, dst`nhtdg utì`sht`cj s dst`nhtdgtc ahvd rdnh`jdg sthkid, ord`mat rhtds hrd dst`nhtdg tc ahvd gdbrdhsdgkut prco`ts hrd dst`nhtdg tc ahvd jbrdhsdg nhrm`jhiiy scutakcujg.

;<88 ;<88;<8; ;<8;;<82 ;<82;<87 ;<87

Wa`s ghth `s prcv`gdg ky Kcx Wrhgd @jtdii`mdjbd `j bciihkcrht`cj w`ta NGR Wrhjsncghi.Nuba ncrd gdthì `s hvhìhkid g`rdbtiy orcn KW@ (www.kcxtrhgd`jtdii`mdjbd.bc.ue),`jbiug`jm tcjjhmds hjg dst`nhtdg tdu ht tad bcujtry x bcujtry x 2,<<< bcnncg`t`ds idvdi,

`jg`v`guhi sa`p gdpicyndjt hjg dst`nhtdg rdvdjud, prco`t, rhtds hjg utì`sht`cj ht tadtrhgdihjd hjg `jg`v`guhi sa`p idvdi.


Bcnncg`ty ;<88 ;<8; ;<82 ;<87 =1 [chg _da`bids ;? ;1 ;0 ;1?7 \hpdr & \hpdrkchrg 80 ;7 ;4 ;0;? Wdxtìd O`krds 8= 80 ;< ;8<1 Hj`nhi Oddg`jmstuoos 8? 8= 87 87<0 N`sbdiihjdcus Occg \rcgubts 84 82 82 82 Cvdrhii adhgahui `jgdx 8<< 8<= 8<0 88?Cvdrhii khbeahui `jgdx 8<< 887 8<0 8;<

Idhg`jm `jg`bhtcrs6 adhgahui orcn J Durcpd ‑<<< tdu. @thi`bs > prcfdbtdg

Bcnncg`ty ;<88 ;<8; ;<82 ;<87 =; Rpdb`hi`sdg Nhba`jdry ;; ;1 80 ;< =1 [chg _da`bids ;8 ;2 ;2 ;710 N`sbdiihjdcus Nhjuohbturds ;8 ;8 ;; ;2 ?7 \hpdr & \hpdrkchrg ;< ;< ;8 ;2 == Didbtr`bhi Nhba`jdry 84 8= 8? 8?Cvdrhii adhgahui `jgdx 8<< 8<? 8<1 88= Cvdrhii khbeahui `jgdx 8<< 8<4 00 00

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Durcpd tc N`ggid Dhst Muio/Rcuta Hs`h

_ciunds j tad adhg-ahui g`rdbt`cj co ta`s trhgd ihjd wdrd wdhe`j ;<82. @j ohbt, tad ihtdst o`murds orcn Bcjth`jdr Wrhgds Rtht`st`bssacw taht vciunds gdbi`jdg ky 2.?% gur`jm tad o`rst tdj ncjtas cotad ydhr.

Acwdvdr, t sj‐t hii khg jdws. Mrcwta s dxpdbtdg tc rdturj ta`sydhr, w`ta hjhiysts prdg`bt`jm taht vciunds bcuig jbrdhsd ky hsnuba hs 0%. Ndhjwaìd, bhphb`ty hgg`t`cjs ahvd kddj bcjtrciidg,w`ta mhps j sdrv`bds coosdtt`jm tad jtrcgubt`cj co ihrmdrtcjjhmd.

@o bhrr`drs bhj nh`jth`j ta`s idvdi co g`sb`pi`jd ocr tadrdst co tad ydhr, tadj utì`sht`cj rhtds hrd dxpdbtdg tc `nprcvd,rdhba`jm hs a`ma08% gur`jm tadsdbcjgquhrtdr co tadydhr.

Wa`s sacuigput bhrr`drs j hstrcjm pcs`t`cjw`ta rdmhrgs tcpr`b`jm gur`jm tado`rst j`jd ncjtasco tad ydhr.

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Wad a`madr utì`sht`cj idvdis hrd gcwj tc bcjt`ju`jm strcjmgdnhjg, w`ta hjhiysts prcfdbt`jm taht vciunds wìi mrcw ky hs nubahs 0.;% `j ;<87, ociicw`jm cj orcn hj 1% `nprcvdndjt ihst ydhr.

Hitacuma mrcwta `j tad Krhzì`hj dbcjcny `s icwdr tahj prdv`cusiyprcfdbtdg, `joiht`cj `s nhe`jm ocrd`mj `npcrts badhpdr hjg tad

bcujtry `s prdphr`jm ocr tad occtkhii ]crig Bup ta`s ydhr hjg tadCiynp`bs `j ;<8?.

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Wadsd mhps hrd ièdiy tc kd oìidg ky tad n`ggid co tad ydhr hjgtadrd `s dxpdbtdg tc kd hjjuhi`sdg mrcwta idvdis co 8% ocr jcrtadrjDurcpd bhphb`ty hs icjm hs tadrd hrd jc ujdxpdbtdg grhst`b bhphb`tyhgg`t`cjs.

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CT[ NDWACGCICMP6 Wad ord`mat rhtd ocrdbhsts sacwj j tad thkids hrd nh`jiy khsdg cj prcfdbt`cjs co dst`nhtdg hvdrhmd vdssdi utì`sht`cj j dhba trhgd ihjd, bcnk`jdg

w`ta ctadr rdidvhjt b`rbunsthjbds. Wad ouiidr tad sa`p, tad ncrd ièdiy rhtds wìi r`sd hjg v`bd vdrsh. Bhrmc ocrdbhsts hrd khsdg cj tad ihtdst jocrnht`cj orcn hii scurbds hvhìhkid tc

Bcjth`jdr`sht`cj @jtdrjht`cjhi‐s dg`tcr`hi tdhn. Wadsd wìi hiwhys kd bcjsdrvht`vd, hjg cjiy thed hbbcujt co jcrnhi sdhscjhi vhr`ht`cjs. Oiddt bhphb`ty jocrnht`cj s gdr`vdg orcn

Iicyg‐s I`st @jtdii`mdjbd. Burrdjt sa`pkchrg bhphb`ty `j dhba rcutd `s dst`nhtdg ky gdgubt`jm sphbd icst ocr krcedj stcws hjg whypcrt bhrmc orcn tad cpdrht`jm bhphb`ty coodrdg cj

dvdry vdssdi `j taht trhgdihjd. Wa`s `s prcfdbtdg ocrwhrg ky dst`nht`jm wadrd jdwkuìgs hrd ièdiy tc kd gdpicydg, hs wdii hs wadrd rdpihbdg vdssdis hrd ièdiy tc kd bhsbhgdg `jtc.

Hvdrhmd vdssdi utì`sht`cj `s s`npiy cjd g`v`gdg ky tad ctadr. @t sacuig kd jctdg, tadrdocrd, taht tad rdsuit`jm ord`mat rhtd trdjgs cjiy rdoidbt waht sacuig tadcrdt`bhiiy ahppdj ò cbdhj

bhrr`drs bcjt`jud hbt`jm hbbcrg`jm tc ocrn. Wady gc jct thed `jtc hbbcujt grhnht`b bahjmds `j strhtdmy, suba hs nhss ihy-ups, sdrv`bd bcjsci`ght`cj hjg ncrd auk hjg spced cpdrht`cjs.

N`ggid Dhst Muio/Rcuta Hs`h tc Durcpd

Kd`jm tadkhbe-ahuiidm co h trhgd

ihjd ndhjsutì`sht`cjrhtds wìi kdwdhedr tahj `jtad adhg-ahuig`rdbt`cj, kutbcnphrht`vdiy,ichg ohbtcrs hrdoh`riy strcjm cjsdrv`bds orcn tad N`ggid Dhst Muio hjg Rcuta Hs`h tc Durcpd.

@j ;<82, vciund mrcwta rdhbadg 4.2% hjg `t `s dxpdbtdg tc`jbrdhsd ky =.1% gur`jm tad bcn`jm ydhr.

Wa`s wìi idhg tc utì`sht`cj rhtds dxbddg`jm tad 1<% nhregur`jm tad o`rst ahio co tad ydhr kdocrd g`pp`jm khbe `j tad sdbcjgahio — h rdoidbt`cj co tad ohbt taht vciunds wdrd strcjmdr gur`jmtad o`rst s`x ncjtas co ;<82 tahj gur`jm tad sdbcjg.

Bhphb`ty cj tad trhgd ihjd `jbrdhsdg ht tad sthrt co tad ihstquhrtdr bcnphrdg w`ta tad shnd pc`jt tardd ncjtas kdocrd hsmhps `j gdg`bhtdg iccps wdrd coosdt ky tad `jtrcgubt`cj co ihrmdrvdssdis ky Nhdrse I`jd hjg Dvdrmrddj.

]aìd ichg ohbtcrs ocr ;<87 hrd `nprcv`jm bcnphrdg w`ta ihstydhr, tady hrd wdhedr tahj gur`jm tad ihst ocrdbhst. Wa`s `s bhusdgky h wdhedj`jm co vciund mrcwta `j tad sdbcjg ahio co ;<82.

4

GHWH ATKO[D@MAW OC[DBHRWD[JDQW DG@W@CJ6 HND[@BHR

GHWH ATKICHG OHBWC[R

Hs`h tc jcrtadrj Durcpd

Wa`s ydhr `s sahp`jmup tc kd h strcjm cjdocr bhrr`drs cj tadHs`h-jcrta Durcpdtrhgd ihjd `j tdrnsco utì`sht`cj rhtdshs vciund mrcwta`s prdg`btdg tcstrdjmtadj.

Ocr tad w`jtdrpdr`cg, bhrr`drs gcjct hppdhr tc kdnhe`jm grhst`b bhphb`ty rdgubt`cjs5 ht tad sthrt co jdxt ydhr bhphb`tywìi cjiy kd ;.7% icwdr tahj ht tad sthrt co tad ocurta quhrtdr, h oh`riyncgdst rdgubt`cj.

Rhì`jms ahvd kddj kihjedg kut jc sdrv`bds ahvd kddj bhjbdiidg.Wad kihjedg shì`jms hrd coosdt ky Nhdrse I`jd hjg Dvdrmrddj hgg`jmihrmdr vdssdis.

Pdt hjhiysts ahvd ocrdbhst ydhr-cj-ydhr vciund `jbrdhsds co hsnuba hs 4.7% cj tad trhgd ihjd `j ;<87 hs jcrta Durcpdhj dbcjcn`dsbcjt`jud tc strdjmtadj.

_ciund o`murds ocr tad trhgd ihjd ocr ;<82 hisc strdjmtadjdg hs

tad ydhr prcmrdssdg, wa`ba rdsuitdg `j `nprcvdg utì`sht`cj idvdisbcnphrdg w`ta phst prcfdbt`cjs. Bcjthbts summdst taht ht tad djg co ihstydhr, bcjth`jdr rcii pccis wdrd hirdhgy kd`jm ocrndg — h rdoidbt`cj cotad vciund `nprcvdndjts.

Acwdvdr, h k`m qudst`cj nhre ahjms cvdr ta`s trhgd ihjd — waht`nphbt wìi tad \2 Jdtwcre ahvd3 \drahps bhrr`drs hrd wh`t`jm tc sddwaht ahppdjs adrd kdocrd hjjcujb`jm gdpicyndjt gdb`s`cjs.

Hisc, waìd utì`sht`cj rhtds cj tad trhgd ihjd hrd strcjm, tady wdrdhisc strcjm `j ;<82 hjg taht whsj‐t djcuma tc prdvdjt rhtd vcihtì`ty.

8

Hs`h tc Ndg`tdrrhjdhj

Ttì`sht`cj rhtdscj sdrv`bdsorcn Hs`h tc tadNdg`tdrrhjdhjhrd dxpdbtdg tcoiubtuhtd kdtwddj1<% hjg 0<% ta`sydhr, wa`ba sacuigkd strcjm djcumaocr bhrr`drs tcdjfcy scnd ord`matrhtd subbdssds.

Wad ydhr icces sdt tc kdm`j w`ta strcjm utì`sht`cj rhtds co hs nubahs 0<%. Wa`s bcnds gdsp`td bhrr`drs cjiy rdgub`jm bhphb`ty ky <.=%kdtwddj tad sthrt co tad ocurta quhrtdr hjg tad sthrt co tad ta`rgquhrtdr.

Acwdvdr, bhrr`drs ahg kddj vdry hbt`vd `j butt`jm bhphb`ty `jtad ta`rg quhrtdr, ndhj`jm tad w`jtdr pdr`cg rdgubt`cj ahg ihrmdiyhirdhgy thedj pihbd.

_ciunds `jbrdhsdg strcjmiy `j ;<82, hikd`t orcn strcjm gdbrdhsds`j tad pr`cr ydhr, `j kcta tad dhstdrj hjg wdstdrj Ndg`tdrrhjdhj. Ghth

orcn Bcjth`jdr Wrhgds Rtht`st`bs sacwdg h ydhr-cj-ydhr `jbrdhsd co hsnuba hs =% ihst ydhr. Jdxt ydhr, hjhiysts dxpdbt vciunds tc `jbrdhsdky hs nuba hs 1.4%.

Acwdvdr, ièd jcrtadrj Durcpd, tadrd hrd nhjy qudst`cj nhrescvdr waht `nphbt tad \2 Jdtwcre wìi ahvd cj tad trhgd ihjd hjg acwctadr bhrr`drs wìi rdhbt. Hisc, bhrr`drs ahvd ahg gòo`buity bhp`thi`s`jmcj strcjm utì`sht`cj rhtds `j tad phst.

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Hs`h tc Durcpd

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EDP6 Mrddj (17% hjg hkcvd)6 Bhrr`drs sacuig kd hkid tc prctdbt rhtds cr dvdj nprcvd pr`bds, ujidss tad nhredt ahs a`t tad tcp cr sdjt`ndjt g`bthtds ctadrw`sd. Mrdy (1<%-12%)6

Ord`mat rhtds sacuig kd oh`riy stdhgy bcnphrdg w`ta tad prdv`cus quhrtdr ujidss nhredt sdjt`ndjt g`bthtds ctadrw`sd. [dg (=0% hjg kdicw)6 Bhrr`drs hrd ièdiy tc ahvd h tcuma t`nd

`nprcv`jm rhtds hjg pr`bds bcuig wdii gdbi`jd bcnphrdg w`ta tad prdv`cus quhrtdr, ujidss tad nhredt ahs a`t tad kcttcn cr sdjt`ndjt g`bthtds ctadrw`sd.



GHWH ATK]C[IG OIDDW T\GHWD NC[D CJI@JD HW BCJWH@JD[RA@\\@JM.BCN

8< BCJWH@JD[@RHW@CJ @JWD[[email protected]`jdrsa`pp`jm.bcn Fhjuhry/Odkruhry ;<87

H JD] KDM@JJ@JM[dbcrg 8.=n tdu co kcxsa`p gdi`vdr`ds sbadguidg ocr ;<87, rdpcrts Fhnds Khedr.

Wdu R`zd rhjmd @j sdrv`bd Gdb ;<82 Cj Crgdr ;<87 Cj Crgdr ;<84 Cj Crgdr ;<8?+ Wcthi vdssdiscj crgdr

Wcthi tducj crgdr*

Jc Wdu Jc Wdu Jc Wdu Jc Wdu

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8?,<<<+ = 8;8,87< 87 ;4;,<2< 2< 4;=,08< - - 77 ==0,07<

Wcthi 4,<72 8=,<21,==0 ;40 8,=74,;0? 818 8,448,72? 24 ;4=,2=< 7=4 2,447,8<;

]crig Bdiiuihr Oiddt ‒ Gdbdnkdr ;<82 (dxbiug`jm jdwkuìg pcstpcjdndjts hjg bhjbdiiht`cjs ujgdr jdmct`ht`cj)

OC[ tad bcjth jdr sa`pp jmjgustry, ;<82 whs jct tad

djg co tad gcwjturj, jcr dvdjtad kdm jj jm co tad djg, kutt whs, pdrahps, tad djg co tad

kdm jj jm.Hs tad TR Odgdrhi [dsdrvd

kdm js thpdr jm tad o jhjb`hii odi jd taht ahs edpt taddbcjcny cj i od suppcrt ocr tad

phst sdvdrhi ydhrs, jg`bht cjshrd taht kcta tad TR hjg tadDurczcjd hrd sacw jm s mjs cordbcvdry.

Ocrdbhsts sacw `nprcvdgtrhgd cuticces, w ta TR `npcrtsco rdth i mccgs dxpdbtdg tcjbrdhsd ky hincst 4% ydhr-

cj-ydhr j Fhjuhry hjg h strcjmcuticce pcs tdg ocr tad rdst co;<87.

Bcjth jdr vciunds cj tad

Hs h-Durcpd trhgd ihjd hrd hisc`nprcv jm. Ihst ydhr shw vciundskdht ;<8; o`murds, dvdj tacumatady st ii ihm kda jg ;<88, hjg`nprcvdndjts hrd ocrdbhsttarcumacut ;<87.

Jdvdrtadidss, bcjg t cjs

rdnh j tcuma ocr ncst cpdrhtcrs,w ta cvdrbhphb ty ocrb jmgcwj ord`mat rhtds. Wad wcrigbcjth jdr oiddt stccg ht 4,<72vdssdis ht tad djg co ;<82, uporcn 4,<8< ht tad djg co ;<8;.Wad jtrcgubt cj co dvdr ihrmdrvdssdis ndhjt taht tad jbrdhsdj tad bhphb ty co tad oiddt whs

dvdj mrdhtdr, up ky jdhriy 8n tdu

tc 8=n tdu.Wad s tuht cj s jct dxpdbtdg

tc `nprcvd nuba ta s ydhr.Hbbcrg jm tc Iicyg‐s I st@jtdii mdjbd, h rdbcrg 8.=n tduw ii kd gdi vdrdg j ;<87, tadkuie co wa`ba w ii kd j tad pcst-phjhnhx hjg ihrmdr bihssds.

Wa s bhphb ty mrcwta ht ht nd co mickhi dbcjcn`b turnc iahs put jbrdhsdg prdssurd cji jds. @j hj doocrt tc rht cjhi sd

sdrv`bds, bhrr drs ahvd kddjqudu jm up tc fc j hii hjbds. @otad \2 Jdtwcre co Durcpd‐s tarddidhg jm i jds w js hpprcvhi orcnTR rdmuihtcrs, tad spc isco bcjth jdr sa`pp jm w ii kdspi t kdtwddj tardd pcwdroui

Rcurbd6 Iicyg‐s I`st @jtdii`mdjbd

Wad junkdr co vdssdis kd`jmgdnci`sadg s strummi`jm tc eddp

up w`ta tad phbd co jdw gdi`vdr`ds.

* Wcthi jbiugds sa`ps w`ta ujspdbò`dg gdi`vdry ghtds





8; BCJWH@JD[@RHW@CJ @JWD[[email protected]`jdrsa`pp`jm.bcn Fhjuhry/Odkruhry ;<87

GHWH ATK]C[IG OIDDW T\GHWD

_dssdis ih`g-up ‒ Gdbdnkdr ;<82

Jctds6 Iicyg‐s I`st @jtdii`mdjbd ncj`tcrs rdpcrtdg hjg H@R ncvdndjts co bcnndrb`hi vdssdis wcrigw`gd. Wa`s dxtrhbt `gdjt` ds vdssdis w`ta jc rdbcrgdgncvdndjt j tad phst ;4 ghys.

@jhbt`vd tdus`zd rhjmd

Cwjdr cpdrhtcr Bahrtdrdg j /ujejcwj Wcthi % tcthi oiddtJc co sa`ps Wdu Jc co sa`ps Wdu Jc co sa`ps Wdu

<-700 87 7,==? 0< ;8,<78 8<7 ;4,18= ;?.7%4<<-000 0 4,=<; ?< 72,;=1 ?0 71,01< 1.1%8,<<<-;,000 ;; 24,21? 78 =;,;=< ?2 8<=,?4? 2.;%2,<<<-7,000 ? ;;,442 2< 8;7,?1; 2? 87=,;24 2.1%4,<<<-=,700 ? 2=,<1= 82 =7,72< 80 888,48= 2.<%=,4<<-0,000 ; 8?,=18 2 ;?,71; 4 72,;?2 8.4%

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_dssdis gdi`vdrdg ‒ Gdbdnkdr ;<82

_dssdi jhnd Ra`pyhrg Wdu [ddodrpiums

G]W Ejcts Kdjdo`b`hi cwjdr Cpdrhtcr Gdpicyndjt

NCI Xu jtdt Ayujgh Rhnac Adhvy @jgustr`ds 87,<<< 84<,02? Jdptujd Cr djt I jds H\I

BRBI Rpr`jm Ghi`hj Ra`pkuìg`jm @jgustry 8<,<<< 88;,<<< Ba`jh Ra`pp`jm Ba`jh Ra`pp`jmBcjth`jdr I`jds

NRB Hzcv F`hjmjhj Ra`pyhrg 0,7<2 8,<<< 8<2,4<< Bcsthnhrd Ndg`tdrrhjdhjRa`pp`jm Bc

Hs`h-RcutaHndr`bh

NRB Hgdih gd Rujmgcjm Ra pku ig jm & Nhr jdDjm`jddr`jm

1,1<< 88<,1=4 ;<.< Rhnny Codr MrcupNcjhbc

Ndg`tdrrhjdhjRa`pp`jm Bc

Hs`h-RcutaHndr`bh

BRH_ Wrhjburh Ghdwcc-Nhjmhi`h Adhvy@jgustr`ds

1,?<< 8<<,<<< Rhnny Codr MrcupNcjhbc

Bcnphj`h RugHndr`bhjh gd_hpcrds (BRH_)

Dvdr Ictus Rhnsujm Ra`pkuìg`jm & Adhvy@jgustr`ds

1,<<< 8<4,<<< ;7.4 Dvdrmrddj Nhr jd Dvdrmrddj Nhr jd Hs h-Durcpd

PN Ncgdsty Ecyc Gcbeyhrg Bcnphjy I`n`tdg ?,24< 4<< =;,2=< Phjm N`jm Wrhjsphbò`bAR Nhrbc \cic F`hjmsu Jdw Phjmz f hjm

Ra`pkuìg`jm 7,04= ?<< 41,<<< ;8.4 Ahjsh Wrduahjg

Rbaòoskdtdì`mujmsRdhv`cidt Vadf hjm Cuauh Ra`pkuìg` jm 7,127 ?<< 4?,2<< ;8.< Wadjhnhr`s Ra`ps

NhjhmdndjtEcth Idsthr` Ghi`hj Ra pku ig jm @jgustry 7,2<< 4<,<<< \hb o b @jtdrjht c jhi

I`jds\hbò`b @jtdrjht`cjhiI`jds

Ahjf`j Icu s`hjh Rujmgcjm Ra`pku ig jm & Nhr jdDjm`jddr`jm

2,?8< 24< 4<,8<< ;<.< Rhnny Codr MrcupNcjhbc

Ahjf`j Ra`pp`jmBcnphjy I`n`tdg

N`ggid DhstMuio/@jg`hjRukbcjt`jdjt- Hs`h

Khjhe F`hjmsu Phjmz`f`hjm Ra`pyhrg ;,47? 7<< 27,4<< ;;.< Wcrvhig Eihvdjdss

Rujjy @r`s Ghd Ruj Ra`pkuìg`jm &Djm`jddr`jm

8,<<? 8;,747 Ecrdh Nhr`jdWrhjspcrt Bcnphjy

Ecrdh Nhr`jdWrhjspcrt Bcnphjy

[dm`cjhi Hs`h


bhnps6 tad \2, M? hjg BEPAhii hjbds.Ky fc j jm ocrbds, bcnk j jm

sbadguids hjg rdgub jm sh i jms,cpdrhtcrs sacuig kd hkid tcrht cjhi sd sdrv`bds tc tad dxtdjttaht pr`b jm bhj kd adig up.Acwdvdr, gc jm sc w ii idhvdihrmd junkdrs co vdssdis d tadr`gi jm cr sdjt tc sbrhp.

Ht tad djg co ;<82, ;0?vdssdis, bcnpr`s jm 717,7?1 tduwdrd rdbcrgdg hs jhbt vd. Wa`swhs 84,<<< tdu icwdr tahj h ydhr

kdocrd hjg rdprdsdjts ;.1% cotad tcthi kcx oiddt.Ncrdcvdr, tad junkdr co

vdssdis kd`jm gdnci`sadg sstrummi`jm tc eddp up w`tatad phbd co jdw gdi`vdr`ds.@j Gdbdnkdr ;<82, 1?,7<<tdu whs gdi`vdrdg kut cjiy;4,02< tdu sbrhppdg. H ydhrdhri`dr, ht tad kcttcn co tadgcwjturj, 71,=<< tdu whs sdjttc krdhedrs.

Wad miut co vdssdis cjtad nhredt hjg tad ihbe co

dnpicyndjt ahs put prdssurdcj tad vhiuds co sdbcjgahjgsa`ps. Ghth orcn _dssdisvhiud.bcn sacw i ttid jbrdhsd j hjybihss co vdssdi. Wdj-ydhr-cigpcst-phjhnhxds wdrd tad ncst`nprcvdg j tdrns co rdshid vhiud,jbrdhs jm $7.4n tc $2;.;n.

\hjhnhxds, h sa`p bihssstrummi jm tc o jg h rh`scj g‐dtrdhs ihrmdr sa`ps bhsbhgd gcwj tadnhredt bah j hjg tad \hjhnhBhjhi‐s dxphjs`cj iccns, gdsp tdcjmc jm ssuds, ahvd rdnh jdg

v`rtuhiiy tad shnd pr`bd cvdr tadphst ydhr, ocr vdssdis co hii hmds.Wad trcukids ohbdg ky Mdrnhj

EM oujgs, cwjdrs co nhjy co tadwcrig‐s snhiidr vdssdis, ahvd sddjtad pr bd co ahjgys`zds tad wcrsta t co tad vdssdis vhiudg. Wad pr bdco h jdw 8,7<< tdu vdssdi ahsohiidj ky $2.1n j tad phst ydhrhjg cigdr vdssdis hrd hisc gcwj.

]a id wd nhy kd ht tad djg cotad kdm jj jm, ;<87 w ii st ii kdh icjm ydhr j tad rdbcvdry co tadbcjth jdr sa`pp jm sdbtcr.



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GHWH ATK]C[IG OIDDW T\GHWD NC[D CJI@JD HW BCJWH@JD[RA@\\@JM.BCN

_hiuht`cjs ocr pcst-phjhnhx, phjhnhx hjg ahjgynhx bcjth`jdr vdssdis

Jctd6 Hii vhiuds `j $n

Hmd Bhphb`ty (tdu) Jcvdnkdr 8=,;<82 ($)

Cbtckdr 8=, ;<82($)

Ncjtaiy bahjmd($)

Jcvdnkdr 8=,;<8; ($)

Pdhriy bahjmd($)

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Hmd Bhphb ty (tdu) Jcvdnkdr 8=,;<82 ($)

Cbtckdr 8=, ;<82($)

Ncjtaiy bahjmd($)


Pdhriy bahjmd($)

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Ahjgynhx Rcurbd6 _dssdisvhiud.bcn

Burrdjt hjg a`stcr`bhi vhiuds ocr thjedrs, kuiedrs hjg bcjth`jdrs.Ghìy upghtdg shids i`sts, vdssdi spdb` bht`cjs hjg cwjdrsa`p`jocrnht`cj.Ghth dxpcrts, vhiuht`cj bdrt` bhtds, jtdrhbt`vd bahrts hjghutcnhtdg hidrts

Hmd Bhphb`ty (tdu) Jcvdnkdr 8=,;<82 ($)

Cbtckdr 8=, ;<82($)

Ncjtaiy bahjmd($)


Pdhriy bahjmd($)

< =,<<< ?<.2 40.2 8.< 41.7 8.04 =,<<< 74.< 78.0 2.8 72.; 8.18< ?,4<< 2;.; ;=.0 7.2 ;=.= 7.484 4,4<< ;<.2 80.; 8.8 8=.? ;.=;< 7,4<< 0.7 0.2 <.8 1.2 8.8

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_dssdi jhnd Wdu G]W Rpddg (ejcts) Bcjo`m Pdhr kuìt \r`bd ($n) \urbahsdrNdjtcr ;,?=; 24,?<< ;8.4 Mdhrdg ;<<; 8;.4 Tjg`sbicsdgNhyh [`bendrs ;,<<? 2<,7?< ;<.1 Mdhrdg 800= ?.84 Kr`t`sa _`rm`j

@sihjgsRWQ X`jmghc 8,=7< ;2,4=0 ;8.4 Mdhridss ;<<0 82 MdrnhjyKuxaìi 8,?1= ;2,7?4 80.< Mdhridss 8004 2.4 Ba`jhOicrdjt`h 8,<84 8;,427 8=.< Mdhrdg 800? 2 R`jmhpcrd

_dssdis shid hjg purbahsd ‒ Gdbdnkdr ;<82

Jctds6 B>bdiiuihr5 MI>mdhridss5 M>mdhrdg5 JB>jcj-bdiiuihr5 N\\>nuit`purpcsd5 T/G>ujg`sbicsdg Rcurbd6 Krhdnhr Rdhsbcpd

_dssdis gdnci`sadg ‒ Gdbdnkdr ;<82_dssdi jhnd Kuìt Wdu Krcedj ghtd Krcedj pihbd Ra`pkrdhedrs \rdv`cus Kdjdo`b`hi cwjdrNRB Bhthj`h 8007 7,=72 <7-Gdb-82 Ba`tthmcjm Khjmihgdsa Krdhedrs Rhnny Codr Mrcup

NcjhbcGhrw`j 800? 7,4<= <7-Gdb-82 Ba`tthmcjm Khjmihgdsa Krdhedrs Rhnny Codr Mrcup

NcjhbcNRB Bhrih 801? 2,<77 ;<-Gdb-82 Hihjm @jg`hj Krdhedrs Ndg`tdrrhjdhj Ra`pp`jm

BcDicjh 801= ;,=07 <?-Gdb-82 Hihjm @jg`hj Krdhedrs Ahphm-Iicyg

Gcjm Ad 800< ;,=?8 88-Gdb-82 Q`jau` Ba`jdsd Krdhedrs Ba`jh Cbdhj Ra`pp`jmAcjm Ecjm 8010 8,=72 ;7-Gdb-82 Hihjm @jg`hj Krdhedrs Bcjt` Acig`jmKrhjgdj ;<<2 8,=7< 8<-Gdb-82 Mhghj` Kdhba \he`sthj Krdhedrs Idcjahrgt & KiunkdrmRcjm Ad 801? 8,??1 ;0-Gdb-82 J`jmgd Ba`jdsd Krdhedrs Ba`jh Cbdhj Ra`pp`jmNhrb 8007 8,4=? <2-Gdb-82 Hihjm @jg`hj Krdhedrs Tjejcwj CwjdrsAhnncj`hHgr`ht`bun

8002 8,<47 <?-Gdb-82 Hihjm @jg`hj Krdhedrs Ahjsh Nhrd [ddgdrd`

Wrhgdr ; 80=0 2<< ;8-Gdb-82 Hihjm @jg`hj Krdhedrs Tj`nhr`jd Nhjhmdndjt




GHWH ATKO[D@MAW [HWD @JG@BHWC[R NC[D CJI@JD HW BCJWH@JD[RA@\\@JM.BCN

87 BCJWH@JD[@RHW@CJ @JWD[[email protected]`jdrsa`pp`jm.bcn Fhjuhry/Odkruhry ;<87

O[D@MAW rhtds rdpcrtdg gur`jmtad ocurta quhrtdr co ;<82rdnh`jdg wdhe hjg icwdr tahjtad idvdis rdpcrtdg gur`jm tadshnd pdr`cg `j ;<8;.

Wad Rahjmah` Bcjth`jdr`sdgOrd`mat @jgdx‐s bcnpcs`td jgdx — h wd`matdg hvdrhmd co 84edy trhgd ihjds orcn Rahjmah` — rdm`stdrdg hj hvdrhmd co8,<;7 pc`jts gur`jm tad ocurtaquhrtdr co tad ydhr.

Wa`s bcnphrds w`ta hj `jgdx

hvdrhmd co 8,871 pc`jts gur`jmtad ocurta quhrtdr co ;<8; hjg

[HWDR

[HII@DG HR;<82 G[D]WC H BICRDWad ocurta quhrtdr whs h ord`mat rhtd rciidrbchstdr hs pr`bds wdjt orcn icw tc a`ma,rdpcrts Ghn`hj Krdtt.

co tad Fhjuhry rusa hadhg coBa`jdsd jdw ydhr — kdocrdgdtdr`crht`jm.

Hjctadr pcs`t`vd

gdvdicpndjt ocr bhrr`drs `s tadohbt taht tad hvdrhmd kujedrpr`bd — khsdg cj [cttdrghn AR21< — ahs rdnh`jdg kdicw tad$?<< pdr ndtr`b tcjjd nhre.

Hs`h-DurcpdOrd`mat rhtds cj tad Hs`h tcDurcpd trhgd ihrmdiy n`rrcrdgtad pdrocrnhjbd co mickhi pr`bds6gdbi`j`jm adhvìy ht tad sthrtco tad quhrtdr kdocrd sthm`jmh bcndkhbe j Gdbdnkdr tahtbcjt`judg jtc Fhjuhry.

Hbbcrg`jm tc tad RBO@,Cbtckdr ord`mat rhtds orcnRahjmah` tc jcrtadrj Durcpdhvdrhmdg $?=< pdr tdu hjg$=<1 pdr tdu orcn Rahjmah`tc tad Ndg`tdrrhjdhj `jCbtckdr.

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O`murd 86Rahjmah` Bcjth`jdr`sdg Ord`mat @jgdxFujd ;<8; ‒ Gdbdnkdr ;<82

O`murd ;6WRH rdvdjud pdr odu `jgdx (dxbiug`jm kujedr) Jcvdnkdr ;<8< ‒ Jcvdnkdr ;<82

Jctd6 Hs`h tc TR sdrv`bds > hvdrhmd pr`bd pdr odu.Hs`h tc Durcpd hjg Ndg > hvdrhmd pr`bd pdr tdu. Bcrrdbt hs co Fhjuhry 2<

Ihtdst Rahjmah` Bcjth`jdr`sdg Ord`mat @jgdx trhgd ihjd o`murds

Hs`h - Ndg $8,?<0

Hs`h - Durcpd $8,41<

Hs`h - TRDB $2,7;?

Hs`h - TR]B $;,8<1

Rcurbd6 Rahjmah` Ra`pp`jm Dxbahjmd

8,<=0 gur`jm tad ta`rg quhrtdrco ;<82. @t `s tad wdhedstquhrtdriy o`murd tad RBO@ ahsrdbcrgdg ocr ncrd tahj h ydhr.

Wad hvdrhmd jgdx idvdico 102 rdbcrgdg `j Cbtckdrwhs hisc tad icwdst ncjtaiyhvdrhmd rdbcrgdg ocr ncrd tahjh ydhr.

Bcjth`jdr Wrhgds Rtht`st`bs‐mickhi pr`bd `jgdx — wa`bausds tad hvdrhmd ocr ;<<1 hshj `jgdx idvdi co 8<< — hisc

wdhedjdg tcwhrgs tad djg cotad ydhr, grcpp`jm tc 12 pc`jts

`j Cbtckdr hjg 14 pc`jts `jJcvdnkdr.

Cjd ydhr dhri`dr, tad `jgdxwhs ht h idvdi co 0? `j Cbtckdr

hjg 04 `j Jcvdnkdr.Acwdvdr, `t whs jct hii khg

jdws ocr bhrr`drs hs tadrd whsh rdsurmdjbd tcwhrgs tad djgco tad quhrtdr hs sa`pp`jm i`jdssubbdssouiiy npidndjtdg hsdr`ds co rhtd `jbrdhsds cjtad khbe co shì`jm bhjbdiiht`cjsocr tad qu`dtdr Bar`stnhspdr`cg.

Hs h rdsuit, tad RBO@ bi`nkdgkhbe up tc hj hvdrhmd co8,887pc`jts j Gdbdnkdr, wa`bakdht tad `jgdx idvdi co 8,<07

rdpcrtdg ocr Gdbdnkdr ;<8;.[htds ahvd bcjt`judg tcbi`nk ta`s ydhr hjg tad RBO@bcnpcs`td jgdx rdhbadg8,8?1.;4 ht tad djg co Fhjuhry.Acwdvdr, ihst ydhr rhtds hiscsthrtdg strcjmiy — hs h rdsuit



www.bcjth`jdrsa`pp`jm.bcn BCJWH@JD[@RHW@CJ @JWD[JHW@CJHI 84

GHWH ATKO[D@MAW [HWD @JG@BHWC[R


Jctds6 o`murds hrd n`g pc`jts kdtwddj k`gs hjg coodrs Rcurbd6 Ord`mat @jvdstcr Rdrv`bds

Whkid 86Bcjth`jdr Wrhgds Rtht`st`bs hii-`j ncjtaiy ord`mat rhtd `jgdx.Hvdrhmd rhtd `j dhba trhgd ihjd ocr ;<<1 > 8<<

Jctds6 * ]dstdrj Hs`h > Rcuta Hs`h hjg N`ggid-Dhst rdm`cj, +Wdjdròd tc Ick`tc.Rcurbd6 Bcjth`jdr Wrhgds Rtht`st`bs

Wrhgdihjd Hum-82 Rdp-82 Cbt-82 Jcv-82

Hs`h tc Durcpd 1; =? ?? =?

Durcpd tc Hs`h 0; 14 14 1?

Durcpd tc Jcrta Hndr`bh 10 11 1= 1=

Jcrta Hndr`bh tc Durcpd 0? 07 07 02

Durcpd tc ]dstdrj Hs`h* 0< 11 1= 1=

]dstdrj Hs`h* tc Durcpd =1 =0 =1 ==

Durcpd tc Rcuta & Bdjtrhi Hndr`bh 8<7 8<7 8<4 8<2

Rcuta & Bdjtrhi Hndr`bh tc Durcpd 0? 07 07 02

Durcpd tc Hustrhihs`h 14 17 14 17

Hustrhihs`h tc Durcpd 00 8<8 8<8 8<8

Durcpd tc Ruk-Rhahrhj Hor`bh =; =< =< =<

Wrhgdihjd Odk-87 Nhr-87 Hpr-87 X; X2

Hs`h tc Jcrta ]dst Durcpd $ pdr tdu 8,7<< 8,2;4 8,;2= 8,81= 8,;44

Hs`h tc TR wdst bchst $ pdr odu 8,1?; 8,1;4 8,==4 8,0?; ;,<=4

Whkid ;6 Bcjth`jdr ord`mat rhtd swhps ocrwhrg burvds

Kut bhrr`drs adig o`rn cj hjdhriy Jcvdnkdr mdjdrhi rhtd`jbrdhsd hjg hs h rdsuit pr`bdsidhpt tc ncrd tahj $8,7<< pdr

tdu kdocrd tady kdmhj kd`jmba`ppdg hwhy hjg si`g`jm khbetc tad $8,<<< pdr tdu nhre kytad sthrt co Gdbdnkdr.

Hjctadr M[@ `j n`g-Gdbdnkdr adipdg m`vd rhtdshjctadr kccst hjg t`p tadhvdrhmd ocr tad ncjta tc ncrdtahj $8,4<< pdr tdu. Wadsd`jbrdhsds hppdhr tc ahvd kddjh subbdss kdbhusd bhrr`drs ahghjjcujbdg h sdr`ds co shì`jmbhjbdiiht`cjs `j Jcvdnkdr hjgGdbdnkdr `j crgdr tc nhtba

suppiy hjg gdnhjg.]aìd tad rhtd `jbrdhsds httad djg co ihst ydhr hppdhrtc kd tad rdsuit co bhphb`tynhjhmdndjt, jbrdhsdsdxpdr`djbdg gur`jm Fhjuhryhrd gcwj tc tad n`j` surmd`j vciunds dxpdr`djbdg hssa`ppdrs rusa tc mdt bhrmc cutco Ba`jh kdocrd tad jdw ydhrohbtcry bicsurds.

@j ohbt, Fhjuhry ;<82 `s sdttc kd tad kus`dst ncjta co tadydhr cj tad trhgd ihjd `j tdrns

co bcjth`jdrs ncvdg, ujidsstadrd `s hj ujdxpdbtdg surmd `jGdbdnkdr.

\r`bds tc kcta jcrtadrj Durcpdhjg tad Ndg`tdrrhjdhj wdrd

hkcvd $8,=<< pdr tdu `j n`g-Fhjuhry, kut tadj gròtdg icwdr.

Wrhjsphbò`b

Ièd tad Hs`h-Durcpd trhgd ihjd,tad trhjsphbò`b hisc sthrtdgtad ocurta quhrtdr pccriy kuttad s`tuht`cj `nprcvdg hs tadquhrtdr prcmrdssdg.

RBO@ o`murds ocr sdrv`bdsorcn Hs`h tc tad TR wdstbchst rdhbadg h ocurta quhrtdrhvdrhmd co $8,=?4 pdr odubcnphrdg w`ta $;,;== pdr odugur`jm tad shnd pdr`cg `j ;<8;.

Ocurta quhrtdr pr`bds cj tadtrhgd ihjd wdrd hisc kda`jg tadhvdrhmd ocr tad ta`rg quhrtdrco ;<82 wadj tady rdhbadg$8,044 pdr odu.

Ord`mat rhtds cj sdrv`bds orcnHs`h tc tad TR dhst bchst wdrdhisc kda`jg ihst ydhr‐s idvdigur`jm tad quhrtdr, a`tt`jm hjhvdrhmd co $2,<0; pdr odu `j;<82, bcnphrdg w`ta $2,28= pdr

odu `j ;<8;.Wad hvdrhmd pr`bd cj sdrv`bds

tc tad dhst bchst ocr tad ta`rgquhrtdr whs $2,2?? pdr odu.

Kut sa`pp`jm i`jds g`g djfcyh gdbdjt ihst bcupid co wddesco tad ydhr. H Wrhjsphbò`bRthkì`zht`cj Hmrddndjtrdbcnndjgdg rhtd jbrdhsdco $;<< pdr odu ocr Gdbdnkdr;< rdsuitdg `j rhtd `jbrdhsds tckcta bchsts.

Wa`s trdjg bcjt`judg `jFhjuhry, w`ta spct nhredt

pr`bds bi`nk`jm tc $;,8<1 pdrodu cj sdrv`bds tc tad wdstbchst hjg $2,7;? pdr odu tctad dhst bchst hs hjctadr WRHrdbcnndjgdg rhtd jbrdhsdco $2<< pdr odu e`bedg `j cjFhjuhry 84.

Wrhjshtihjt`bBcjth`jdr Wrhgds Rtht`st`bs ghthsacws taht ord`mat rhtds cj

sdrv`bds orcn Durcpd tc JcrtaHndr`bh kdmhj tc g`p `j tado`jhi quhrtdr co ydhr, rdhba`jmhj `jgdx idvdi co 1= `j kctaCbtckdr hjg Jcvdnkdr. Wa`sbcnphrds w`ta hj `jgdx idvdico 0; ocr tad shnd ncjtas `j;<8;.

Ocr nuba co ;<82, tad `jgdxahg kddj trhbe`jm vdry bicsdiytc kcta tad ;<8; hjg ;<88

idvdi.@j tad cppcs`td g`rdbt`cj, tad

`jgdx whs hisc kdicw tad ;<8;idvdi. @j Cbtckdr, hj `jgdx idvdico 07 whs rdbcrgdg, bcnphrdgw`ta 00 h ydhr hmc.

@j Jcvdnkdr tad `jgdx odiitc 02, bcnphrdg w`ta 01 `j tadshnd ncjta co ;<8;.

Wad dhstkcujg jgdx ahs kddjkdicw kcta tad ;<8; hjg ;<88idvdi `j dvdry ncjta co tad ydhr,pc`jt`jm tc h gòo`buit ydhr ocrdhstkcujg trhjshtihjt`b sdrv`bds.

Wad gdbi`jd `j tad `jg`bdskdtwddj Rdptdnkdr hjg taddjg co Jcvdnkdr hisc `jg`bhtdstaht hj Cbtckdr 8 rhtd `jbrdhsdohìdg. Ahphm-Iicyg, cjd cotad nh`j pihydrs cj tad trhgdihjd, ahg p`tbadg tad `jbrdhsdht $4</$=4 pdr tdu/odu `jtad dhstkcujg g`rdbt`cj hjg$84</$;<< pdr tdu/odu cjwdstkcujg sdrv`bds.

Ord`mat rhtds cjtad Hs`h tc Durcpd

trhgd ihrmdiy n`rrcrdgtad pdrocrnhjbd co

mickhi pr`bds.

Bcrrdbt hs co Fhjuhry 2<



GHWH ATK

8? BCJWH@JD[@RHW@CJ @JWD[[email protected]`jdrsa`pp`jm.bcn Fhjuhry/Odkruhry ;<87

WAD BEPA hjg M? hii hjbds burrdjtiy nhedup 2<% co wddeiy bhphb ty cj tad Hs`h-Ndg`tdrrhjdhj trhgd rcutd, waìd tad \2ndnkdrs rdprdsdjt 4;%, hbbcrg jm tcIicyg‐s I`st @jtdii mdjbd.

Hitacuma tad burrdjt sahrd co tad \2

ndnkdrs — BNH BMN, Ndg`tdrrhjdhjRa`pp`jm Bc hjg Nhdrse I`jd— nhygdbrdhsd hs h rdsuit co tad pihjjdg \2Jdtwcre bcjsci ght cjs, hii hjbds bcuighbbcujt ocr 1<% co bhphb ty cj ta`s rcutd.

Rthjghicjd bhrr`drs, suba hs Dvdrmrddj,Tj`tdg Hrhk Ra`pp`jm Bc hjg Ba`jhRa`pp jm bcuig ocrn hii hjbds j crgdr tcbcnpdtd.

Ahjf j Ra`pp jm ahs bcjs`gdrdg jv t jmDvdrmrddj jtc tad BEPA hii`hjbd, wa`ba sbcnpr`sdg co Bcsbcj, E I jd, Phjm N jm hjgAhjf`j Ra`pp`jm. Dvdrmrddj hjg tad BEPAhii hjbd hirdhgy sahrd ocur sdrv`bds cj tadHs`h-Ndg`tdrrhjdhj rcutd. @j tcthi, tad BEPAhii hjbd burrdjtiy ahs o`vd sdrv`bds coodr jm7;,0<< tdu pdr wdde.

@o BEPA wdrd tc fc j twc co Dvdrmrddj‐sctadr sdrv`bds cj ta`s rcutd, tadj tadhii hjbd wcuig kd hkid tc coodr hj hgg t cjhi82,<<< tdu pdr wdde, rdhba`jm 4?,<<<tdu. Ahjf j hirdhgy ahs hj hmrddndjt w taDvdrmrddj cj kcta co tadsdsdrv`bds, wa id Bcsbcj, E I jd hjg PhjmN jm ahvd hmrddndjts w ta Dvdrmrddj cj

cjd co tadn.Wad kdjdo ts ocr Dvdrmrddj co fc j jm

BEPA nhy jct kd ihrmd, kdbhusd Dvdrmrddjhirdhgy coodrs d`mat sdrv`bds cj tad rcutd.

Wad Hs`h-Ndg`tdrrhjdhj rcutd sdds bhrr`drs vy`jm ocr t`d-ups tc bcujtdrhbttad npdjg`jm gcn`jhjbd co tad \2 Jdtwcre. Rhrha Kdjjdtt rdpcrts

KHWWID CO HII@HJBDR

• ;? sdrv`bds hjg ;18 vdssdis

• Wcthi hvdrhmd jcn`jhi wddeiybhphb`ty kdtwddj Hs`h hjg tadNdg`tdrrhjdhj `s ;87,7<< tdu

• 82,<<<‒84,000 tdu vdssdisrdprdsdjt tad ihrmdst mrcup cjta`s trhgd rcutd w`ta 2<% cobhphb`ty

GHWH ATK

Acwdvdr, w ta tad `npdjg jm \2 Jdtwcre,BEPA nhy kd icce jm tc dxphjg tsndnkdrsa`p tc nh jth j ts nhredt sahrd.

Hbbcrg jm tc prcspdbt vd \2 Jdtwcrepihjs, dhba co ts ndnkdrs w ii coodr j jdsdrv`bds cj tad Hs`h-Ndg tdrrhjdhj trhgdrcutd.

Burrdjtiy, NRB coodrs s`x sdrv`bds, Nhdrseo`vd sdrv`bds hjg BNH BMN sdvdj sdrv`bds.Rdvdj co tadsd dx`st jm sdrv`bds hrd hirdhgysahrdg kdtwddj twc co tad \2 ndnkdrs,hjg hitcmdtadr tad \2 ndnkdrs burrdjtiybcjtr`kutd 88 sdrv`bds w ta 8;? vdssdis hjgh wddeiy bhphb ty co 88;,7<2 tdu.

@j tad \2 pihjs ocr ta`s trhgd rcutd, tadbhrr`drs ahvd hggdg jdw sdrv`bds, twdhedg

dx`st jm cjds tc sdrvd cjiy tad Hs`h-JcrtaDurcpd rcutd hjg hgfustdg dx`st jm Hs`h-Jcrta Durcpd sdrv`bds tc bhii hgg t cjhiiy jtad Ndg`tdrrhjdhj.

@o BEPA fc`jdgDvdrmrddj‐s sdrv`bds cj tadHs`h-Ndg`tdrrhjdhj rcutd,

tad hii`hjbd wcuig kdhkid tc coodr hj hgg`t`cjhi

82,<<< tdu pdr wdde.

GHWH ATKW[HGD [CTWDR

8<,<<<-8;,000 2,<<<-7,0004,<<<-=,700=,4<<-0,000 8,<<<-;,000

% co tcthi Hs`h-Ndg`tdrrhjdhj (tdu)

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www.bcjth`jdrsa`pp`jm.bcn BCJWH@JD[@RHW@CJ @JWD[JHW@CJHI 8=Fhjuhry/Odkruhry ;<87

W[HGD [CTWD @JWDII@MDJBDGHWH ATKW[HGD [CTWDR

BNH BMN w ii coodr sdvdj jdw sdrv`bds,w ta twc co ts dx`st jm Hs`h-Ndg tdrrhjdhjsdrv`bds jc icjmdr bhii`jm j tad

Ndg tdrrhjdhj. Nhdrse `s coodr jm cjdjdw sdrv`bd hjg twdhe jm tardd co tsHs`h-Jcrta Durcpd sdrv`bds tc bhii j tadNdg tdrrhjdhj. NRB `s coodr jm tardd jdwsdrv`bds.

Bcjth jdr suppiy hjg gdnhjg ahsgrcppdg s jbd tad sunndr pdhe j ;<82,kut tad cvdrhii trdjg `s st ii sacw jm hj`nprcvdndjt, ydhr-cj-ydhr.

Hbbcrg jm tc Bcjth jdr Wrhgds Rtht st bs,ncjtaiy bcjth jdr vciunds orcn Hs`h-]dst Ndg tdrrhjdhj wdrd 8<% a`madr j

tad sdbcjg ahio co ;<82 bcnphrdg w tatad shnd pdr`cg j ;<8;, kut vciunds st iigrcppdg hotdr Humust.

Bhrmc orcn Hs`h-Dhst Ndg tdrrhjdhjhjg tad Kihbe Rdh ahg h idss grhnht bgrcp orcn tad Fuiy a`ma, acwdvdr, cjhvdrhmd ta`s whs h 84% jbrdhsd j tadsdbcjg ahio co ;<82 orcn tad sdbcjg ahioco ;<8;.

R jbd Humust, sdrv`bd bhphb t ds ahvdhisc grcppdg si matiy cj ta`s rcutd, jrdspcjsd tc tad gcwjturj j bhrmc gdnhjg.]ddeiy bhphb ty odii ;.=% orcn ;;<,<<<tdu j Humust tc ;87,<<< tdu j Rdptdnkdr,hbbcrg jm tc Iicyg‐s I`st @jtdii mdjbd ghth.

Wa`s whs nh jiy gud tc tad w tagrhwhi cotad M? Hii`hjbd‐s HKQ sdrv`bd ht tad djg coHumust, wa`ba coodrdg h wddeiy bhphb ty co

4,1<< tdu ht taht t`nd.Wa`s ahs idot tad M? hii`hjbd w`ta tardd

sdrv`bds cj tad rcutd coodr jm h tcthi wddeiybhphb ty co ;<,4<< tdu. Wady ahvd hjhvdrhmd vdssdi s`zd co ?,1<< tdu, wadrdhsBEPA coodrs ihrmdr vdssdis w ta hj hvdrhmds`zd co 1,4<< tdu.

@j bcjtrhst, tad \2 ndnkdrs burrdjtiycoodr hj hvdrhmd vdssdi s`zd co 8<,;<< tdu,w ta tad ihrmdst vdssdi ahv jm h jcn jhibhphb ty co 8?,<<< tdu, burrdjtiy gdpicydgcj tad NRB hjg BNH BMN sdrv`bd Bcjgcr/OHI8.

Wad BEPA sdrv`bd JD? dxtdjgdg tsvcyhmd t nd tc 17 ghys j Gdbdnkdr, tchbbcnncghtd hjctadr vdssdi.

Wad 1,?<< tdu sa`p Ahjf`j Ahnkurm whsbhsbhgdg jtc tad sdrv`bd fc`j`jm 88 ctadrsa`ps, co wa`ba j jd hrd 82,<<< tdu.

Hs ihrmdr vdssdis hrd jtrcgubdg jtcsdrv`bd, cvdrbhphb ty `s kd jm thbeidg kyjdtwcre bcjsci ght cj prcpcshis suba hstad \2 Jdtwcre hjg tad ctadr bhrr`drs‐rdspcjsd.

Wad o`jhi sahpd co tad bcjsci`ghtdg

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O`murd ;6 ]ddeiy cpdrhtdg tdu cj Hs`h-Ndg`tdrrhjdhj rcutd Rcurbd6 Iicyg‐s I`st @jtdii`mdjbd







@O H pdtrci stht`cj rh`sds ts oudi pr`bds,jdhrky mhrhmds hrd ièdiy tc ociicw su`t.]adj h k`m supdrnhredt buts pr`bds cjbdrth`j prcgubts, bcnpdt`tcrs wìi hincstbdrth`jiy thed s`nìhr hbt`cj.

Rc s ta`s pr`bd s`mjhii`jm, wa`ba s iidmhi`j bdrth`j b`rbunsthjbds, cr pdrodbtiy

adhitay bcnpdt`t`cj3Idhg`jm bcjth`jdr i`jds, jcwujgdr jvdst`mht`cj ky tad DurcpdhjBcnn`ss`cj, wìi kd hrmu`jm taht wadjtady puki`sa gdthìs co prcpcsdg rhtd`jbrdhsds, tady hrd s`npiy hgv`s`jm tad`rbustcndrs. Krussdis suspdbts tadrd nhykd hj didndjt co bciius`cj, w`ta scndujgdriy`jm hmrddndjt cr ujgdrsthjg`jmkdtwddj bhrr`drs tc trhbe dhba ctadr.

Cjd prckidn co bcursd, s taht i`jdsjdvdr hjjcujbd h rhtd rdgubt`cj. Wadywcuig bcujtdr taht tadrd s jc jddg,s`jbd nhredt ocrbds `jvhr`hkiy gdprdssrhtds w`ta`j ghys co hj doocrt tc iòt pr`bdstc waht bhrr`drs wcuig rdmhrg hs hjdbcjcn`bhiiy v`hkid idvdi. @j ctadr wcrgs,dhba prcpcsdg rhtd jbrdhsd s s`npiyh rdstcrht`cj ncvd j hj jgustry tahtstrummids tc nhed gdbdjt o`jhjb`hi rdturjs.

Kut tadsd mdjdrhi rhtd jbrdhsds hischgg tc tad vcihtì`ty wa`ba kcta bhrr`drshjg tad`r bustcndrs bih`n tc hkacr. Waht sìiustrhtdg ky tad Rahjmah` Bcjth`jdr`sdgOrd`mat @jgdx wadrd tad Ba`jh-jcrtaDurcpd didndjt swujm orcn hrcujg$=<< pdr tdu ht tad sthrt tc ;<8; tc ha`ma co hincst $8,0<< ky tad n`ggidco tad ydhr, tadj khbe tc kdicw $8,<<<

kdocrd kcujb`jm up tc $8,;<< ht tad djgGdbdnkdr.

Wad sthrt co ;<82 shw ourtadr rdbcvdrytc cvdr $8,7<< kdocrd waht scnd ahvdgdsbr`kdg hs tad ohstdst pr`bd bciihpsd dvdrhs Hs`h-Durcpd spct rhtds piujmdg tc i`ttidncrd tahj $4<< ky Fujd.

[dstcrht`cj doocrts pusadg rhtds khbe tchincst $8,4<< j Humust. Wadj bhnd tad`jdv`thkid si`gd tc kdicw $=<< pdr tdu,ociicwdg ky hjctadr rcujg co rhtd r`sds.

Wad mdjdrhi rhtd jbrdhsd jct`bdspuki`sadg ky i`jds hrd s`nìhr j nhjywhys tc tacsd taht bcjodrdjbds wcuigahvd ssudg j tad phst cj kdahio condnkdrs. Wadsd ghys, dhba i`jd hbts cj`ts cwj, jcw taht hjt`trust nnuj`ty ahskddj hkci`sadg j Durcpd. Kut tad prcbdss

ky wa`ba pr`bd hgfustndjts hrd jctò`dg`s krchgiy ujbahjmdg orcn tad ghys cobcjodrdjbds.

Waht nhy kd waht ahs hidrtdg Krussdis,wa`ba hjjcujbdg j Jcvdnkdr taht tahg cpdjdg prcbddg`jms hmh`jst i`jdstc jvdst`mhtd wadtadr tady djmhmdg jbcjbdrtdg prhbt`bds, m`v`jm hs hj dxhnpid`j h prdss rdidhsd co bhrr`drs taht cpdrhtdsbadguidg sdrv`bds kdtwddj h rhjmd coHs`hj pcrts suba hs Rahjmah`, Acjm Ecjmcr R`jmhpcrd hjg [cttdrghn, Ahnkurm hjgRcutahnptcj, puki`sa`jm hjjcujbdndjtsco tad`r pr`bd jbrdhsd jtdjt`cjs.

Wad ncvd ociicwdg h sdr`ds co rh`gs cjtad Durcpdhj coo`bds co nhfcr bcjth`jdri`jds j Nhy ;<88. ]aìd bcjth`jdr i`jdkcssds ahg acpdg taht jc jdws whs mccg

Bcjth`jdr i`jds wìi kd hrmu`jm taht wadj tady puki`sa gdthìs co rhtd `jbrdhsds, tady hrd s`npiyhgv`s`jm tad`r bustcndrs. \actc6 Bihug`c G`v`z`h/Rauttdrstcbe.bcn

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Bcnn`ss`cj tc`jvdst`mhtd wadtadrord`mat rhtdhjjcujbdndjtsrdprdsdjt ujihwouipr`bd s`mjhii`jm,rdpcrts Fhjdt \crtdr

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;< BCJWH@JD[@RHW@CJ @JWD[JHW@CJHI www.bcjth`jdrsa`pp`jm.bcn Fhjuhry/Odkruhry ;<87

jdws, sdj`cr bcnn`ss`cj coo`b`his ahgnhgd `t bidhr taht `t wcuig thed ht idhsth bcupid co ydhrs tc sòt tarcuma hii tadnhtdr`hi sd`zdg.

Rcnd 81 ncjtas hotdr tad ujhjjcujbdg

v`s`ts, Krussdis bcjo`rndg taht`jvdst`mht`cjs wdrd stìi bcjt`ju`jm, hjgtaht tad ihbe co bcnnuj`bht`cj `j tad`jtdrvdj`jm pdr`cg sacuig jct kd thedj hsh s`mj taht tad bhrr`drs wdrd `j tad bidhr.

’Fust kdbhusd GM Bcnp ahs kddj sìdjtgcds jct ndhj jcta`jm `s ahppdj`jm,„Aukdrt gd Krcbh, adhg co tad bcnpdt`t`cjg`rdbtcrhtd‐s hjt`trust, trhjspcrt hjg pcstuj`t, tcig Bcjth`jdr`sht`cj @jtdrjht`cjhi `jihtd ;<8;.

Wad bcnn`ss`cj ahs kddj eddj tcdjsurd taht bcjth`jdr i`jds, wa`ba djfcydghj dxdnpt`cj orcn Durcpdhj Tj`cjbcnpdt`t`cj ruids ujtì ;<<1, ahg jctrdvdrtdg tc tad`r cig ahk`ts co sahr`jmbcnndrb`hiiy sdjs`t`vd `jocrnht`cj crbc-crg`jht`jm pr`bd hgfustndjts. Gur`jmtad bcjodrdjbd drh, taht whs idmhi, cobcursd.

Hitacuma scnd ihwydrs odit Krussdis whsthe`jm ohr tcc icjm tc bcnpidtd tad o`rststhmd co tad prckd, m`vdj tad ujbdrth`jtytaht hjy suba `jvdst`mht`cj idhvds ocrtacsd ujgdr susp`b`cj, tadrd whs jct

nuba surpr`sd `j idmhi b`rbids wadj tadbcnn`ss`cj o`jhiiy sh`g `t whs prdss`jmhadhg w`ta hjt`trust prcbddg`jms.

Wacsd sh`g tc kd phrt co tad `jqu`ry hrd

Wadsd scrt co bcjscrt`h hrrhjmdndjtshrd krchgiy ohvcurdg ky bcnpdt`t`cjrdmuihtcrs, kdbhusd co tad dbcjcn`dsco sbhid taht bhj kd hba`dvdg, hs icjm hstadsd kdjdo`ts hrd sahrdg w`ta bustcndrs.

Ra`ppdrs hisc suppcrt tadn `j tadcry,w`ta Mickhi Ra`ppdrs‐ Ocrun sdbrdthrymdjdrhi Bar`s ]disa shy`jm rdbdjtiy taht adwhs jct cppcsdg tc \2 pdr-sd. Acwdvdr,kdbhusd `t `s h mhnd bahjmdr `j tdrns cosbhid hjg sbcpd, `t stìi jddgdg bhrdouihjhiys`s ky rdmuihtcrs.

Bcjodrdjbds hrd gòodrdjt, w`tandnkdrs hkid tc sdt ord`mat rhtds tcmdtadr.Wadsd hrrhjmdndjts wdrd cutihwdg `j tadDurcpdhj trhgds `j Cbtckdr ;<<1 hotdrydhrs co khtti`jm kdtwddj sa`ppdrs, bhrr`drs

hjg rdmuihtcrs. Wad bcnn`ss`cj `ssudgmu`gdi`jds ocr bcjth`jdr i`jds tc adip tadnhgfust tc tad jdw idmhi djv`rcjndjt, hjgbcjt`judg tc eddp h bicsd whtba cj tad`rkdahv`cur.

Wad Odgdrhi Nhr`t`nd Bcnn`ss`cjhttdnptdg tc hjhiysd tad `nphbt co tadDurcpdhj khj cj bcjodrdjbds, kut hjhbburhtd p`bturd whs hincst `npcss`kid,m`vdj taht tad idmhi bahjmd bc`jb`gdgw`ta tad sthrt co tad khje`jm br`s`s hjg tad`nphbt taht ahg cj wcrig trhgd. Ord`mat

rhtds bciihpsdg, kut taht whs prckhkiyncrd tc gc w`ta tad gdbi`jd `j bhrmcvciunds tahj h gdrdmuihtdg nhredt.

Ocr hincst twc gdbhgds pr`cr tc taht, tadDurcpdhj Bcnn`ss`cj hjg bhrmc `jtdrdstscj cjd s`gd, hjg bcjth`jdr i`jds cj tadctadr, ocumat tad`r rdspdbt`vd bhusds.

Ky tad t`nd Krussdis mh`jdg tad uppdrahjg, w`ta tad bicsurd co tad Ohr DhstdrjOrd`mat Bcjodrdjbd, tad Wrhjs-Htihjt`bBcjodrdjbd Hmrddndjt hjg gczdjs cosnhiidr idmhi bhrtdis taht bcvdrdg tadDurcpdhj trhgds, rdiht`cjs kdtwddj tadtwc s`gds wdrd ht rcbe kcttcn.

]`ta sc nhjy ctadr `ssuds tc bcjtdjgw`ta cvdr tad phst o`vd ydhrs, `jbiug`jmgòo`buit nhredt bcjg`t`cjs, tad hrr`vhi conuba k`mmdr sa`ps hjg tad bhsbhg`jm cosnhiidr vdssdis cjtc ctadr rcutds, hjgtadj jdw-styid bcjsci`ght`cj tarcumam`hjt vdssdi-sahr`jm hmrddndjts suba hs\2, i`jds ahvd jct m`vdj nuba tacumat tctad ;<88 rh`gs ujtì tad hjjcujbdndjt coocrnhi prcbddg`jms `j Jcvdnkdr.

Waht ahs kddj ociicwdg ky ’sthtd co

pihy„ nddt`jms kdtwddj bcnn`ss`cjcoo`b`his hjg `jg`v`guhi i`jds tc g`sbusstad hiidmht`cjs `j ncrd gdthì. Racuig tadDurcpdhj Bcnn`ss`cj stìi ta`je tadrd `s h

Ba`jh Ra`pp`jm Bcjth`jdr I`jds, BNH BMN,Bcsbc Bcjth`jdr I`jds, Dvdrmrddj I`jd,Ahphm-Iicyg, Ahjf`j Ra`pp`jm, Ayujgh`Ndrbahjt Nhr`jd, Nhdrse I`jd, N`tsu` CREI`jd, Ndg`tdrrhjdhj Ra`pp`jm Bc, Cr`djt

Cvdrsdhs Bcjth`jdr I`jd, JPE I`jd, Tj`tdgHrhk Ra`pp`jm Bc hjg V`n I`jd.

Ncst, hitacuma jct hii, ahvd coo`b`hiiybcjo`rndg tad`r `jvcivdndjt. JdptujdCr`djt I`jds hppdhrs tc ahvd dsbhpdgKrussdis sbrut`jy kut `ts i`jdr g`v`s`cj H\I`s jhndg `j h sdphrhtd `jvdst`mht`cj ky tad[uss`hj hjt`trust hutacr`t`ds.

Wad bcujtry‐s bcnpdt`t`cj hutacr`tysh`g `j ihtd Jcvdnkdr taht `t ahg `j`t`htdgocrnhi prcbddg`jms hmh`jst h junkdr comickhi bcjth`jdr i`jds taht hrd hbbusdg copr`bd o`x`jm.

Wad Odgdrhi Hjt`ncjcpciy Rdrv`bdgdb`gdg tc prdss bahrmds hotdr h sdr`ds corh`gs cj tad icbhi coo`bds co nhfcr bhrr`drsdhri`dr ta`s ydhr. [uss`h jhndg tad icbhihmdjts co Nhdrse I`jd, Ndg`tdrrhjdhjRa`pp`jm Bc, BNH BMN, H\I, E I`jd, JPEI`jd, CCBI, Ba`jh Ra`pp`jm, Ayujgh`Ndrbahjt Nhr`jd, V`n, Bcsbc, Dvdrmrddjhjg Ahphm-Iicyg.

Jd`tadr `jvdst`mht`cj `s rdihtdg tc tadprcpcsdg \2 vdssdi-sahr`jm hmrddndjtkdtwddj tad wcrig‐s tardd ihrmdst

bcjth`jdr i`jds, cr tad dxphjgdg M?hii`hjbd kdtwddj ahio h gczdj mickhibhrr`drs taht wìi bcvdr hii tardd dhst-wdsttrhgd ihjds, ò bidhrhjbd `s m`vdj.

Wad Durcpdhj Bcnn`ss`cj s eddjtc djsurd bcjth`jdr i`jds ahvd jctrdvdrtdg tc sahr`jm `jocrnht`cj.\actc6 Ahrhig \dttdrsdj


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;; BCJWH@JD[@RHW@CJ @JWD[[email protected]`jdrsa`pp`jm.bcn Fhjuhry/Odkruhry ;<87


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bhsd tc kd hjswdrdg hotdr tadsd ohbd-tc-ohbd nddt`jms, ncrd gdthìdg sthtdndjtsco ckfdbt`cjs hrd ièdiy tc kd sdjt cut, hotdrwa`ba i`jds wìi ahvd h o`xdg t`nd `j wa`batc rdspcjg tc tad bahrmds, usuhiiy ht idhsttwc ncjtas.

Crhi adhr`jms nhy hisc thed pihbd, m`v`jmbhrr`dr rdprdsdjtht`vds tad cppcrtuj`ty tcprdsdjt tad`r s`gd co tad bhsd `j pdrscj.

Hotdr taht, Krussdis wìi nhed `tsgdb`s`cj, hitacuma tad prcbdss bhj kd`jtdrruptdg. Bcnphj`ds nhy, ocr dxhnpid,gdb`gd tc hgn`t muìt `j rdturj ocr hrdgubdg o`jd, cr put up h rckust gdodjbdhjg gc h gdhi w`ta tad bcnn`ss`cj.

Hjctadr cpt`cj `s ocr bhrr`drs tc coodr tcbahjmd nhredt kdahv`cur, `j dxbahjmd ocr

hvc`g`jm h o`jhjb`hi pdjhity.Gdpdjg`jm cj tad bahrmds, tad i`jds

bhumat up `j ta`s prckd nhy rdspcjg`jg`v`guhiiy cr tcmdtadr, ò tady oddi tadrd `sjc bcjoi`bt co `jtdrdst kdtwddj tadn.

@o ocujg muìty co hjt`-bcnpdt`t`vdkdahv`cur, bcnphj`ds bhj `j tadcry kdo`jdg up tc 8<% co tad`r wcrigw`gdturjcvdr, hitacuma taht ahs jdvdrahppdjdg hjg ta`s gcds jct hppdhr tc kdh ahrgbcrd pr`bd-o`x`jm bhrtdi.

Rcnd ihwydrs hisc ta`je Krussdis nhy

o`jg `t ahrg tc prcvd h bhsd hmh`jst tadi`jds, hjg suspdbt taht jc ahrg dv`gdjbdco kdahv`cur taht ahs g`stcrtdg tad nhredtahs kddj ocujg.

Acinhj Odjw`be ]ìihj phrtjdr Hjtacjy]cci`ba shys tad bcnn`ss`cj ahs djtdrdgh idmhi mrdy hrdh, hs tadrd `s vdry i`ttid bhsdihw cj pr`bd s`mjhii`jm.

Wad bcnn`ss`cj wìi jddg tc sacw jct fust taht i`jds puki`sadg tad r prcpcsdgpr`bd r`sds, kut taht tadrd whs hjujgdriy`jm hmrddndjt cr ujgdrsthjg`jmtaht ctadr bhrr`drs wcuig gc tad shnd hjgnhed s`nìhr hjjcujbdndjts.

@jvdst`mhtcrs nust hisc sacw taht tadrdwhs h nutuhi ujgdrsthjg`jm taht ctadrbhrr`drs, wadj tady shw h pr`bd s`mjhi,dxpdbtdg tc ociicw.

Hitacuma Krussdis nhy jct ahvd ocujgdv`gdjbd co nhiprhbt`bd gur`jm tad rh`gsco Nhy ;<88, `jvdst`mhtcrs nust ahvdrdhscjhkid susp`b`cj taht tadrd ahs kddj hkrdhba co tad ihw, Nr ]cci`ba shys.

Acwdvdr, taht g`g jct ndhj tady ahgprcco.

Wad ohbt taht bhrr`drs rhrdiy subbddg`j susth`j`jm a`madr pr`bds ocr icjm wìijct ahvd h g`rdbt kdhr`jm cj tad bhsd.Krussdis jddgs tc sacw taht hj hmrddndjt

dx`stdg taht ahg tad ckfdbt co rdstr`bt`jmbcnpdt`t`cj, dvdj ò `t whs `jdoodbt`vd.

Ctadrs hmrdd taht Krussdis nhy jctahvd hjy bidhr-but dv`gdjbd co h krdhbaco Hrt`bid 8<8 co tad Wrdhty cj tadOujbt`cj`jm co tad Durcpdhj Tj`cj hjgco Hrt`bid 42 co tad Durcpdhj Dbcjcn`bHrdh Hmrddndjt, wa`ba prca`k`ts hjt`-bcnpdt`t`vd hmrddndjts hjg bcjbdrtdgprhbt`bds.

Wad ’rdiht`vdiy jcvdi„ ocbus co tadbcnn`ss`cj‐s `jvdst`mht`cj summdstdg tahttad`r ghwj rh`gs g`g jct ujbcvdr dv`gdjbdco ncrd g`rdbt bciius`cj, shys @hj Mìds, hbcnpdt`t`cj ihwydr hjg phrtjdr ht Jcrtcj[csd Ouikr`mat `j Icjgcj.

’Krussdis jcw ohbds hj dv`gdjt`hi

bahiidjmd tc nhed cut `ts bhsd,jctw`tasthjg`jm tad hpphrdjt ahrn tcbustcndrs taht pr`bd-nhtba`jm ky i`jdsbcuig bhusd.„

Nr Mìds hisc shys taht hitacuma `tsmu`gdi`jds nhgd bidhr taht pr`bd-s`mjhii`jmbcuig krdhba bcnpdt`t`cj ruids, tadbcnn`ss`cj whs kcujg ky prdbdgdjt httad Durcpdhj Bcurt co Fust`bd.

@j tad ihjgnhre 8002 ]ccg-\uipbhsd, tad bcurt g`sn`ssdg hiidmht`cjs co’pr`bd-phrhiidi`sn„, shy`jm ta`s bcuig cjiy

krdhba tad ruids ò bciius`cj whs tad cjiypihus`kid dxpihjht`cj ocr phrhiidi pr`b`jmkdahv`cur.

’@o tad bcnn`ss`cj gcds jct ahvd g`rdbtdv`gdjbd co bciius`cj, ocr dxhnpid orcn`jtdrjhi gcbundjts sd`zdg gur`jm tadrh`gs, tad i`jds bhj fustò`hkiy hrmud tahthgvhjbd puki`b jct`bd co rhtd bahjmdsadips bustcndrs pihj, hjg `s `jvhiuhkid tcspct nhredt trhgdrs,„ Nr Mìds shys.

Biygd & Bc phrtjdr Fcaj Nìi`mhjahs hisc qudst`cjdg tad strdjmta co tadbcnn`ss`cj‐s bhsd.

]adrdhs pr`vhtd dxbahjmd co outurd pr`b jmpihjs wcuig kd ujihwoui, ’tad hiidmht cj copuki b dxbahjmd co suba jocrnht cj cj hwdks td s h jdw gdvdicpndjt hjg nubaidss bidhr, tadrd kd jm, hncjmst ctadr ta jms,pctdjt hi kdjdo ts tc bustcndrs j bcnphr jmpr`bds, w ta nhjy bcnphj ds j gòodrdjtsdbtcrs gc jm ta`s„, ad wrctd rdbdjtiy cj tado`rn‐s wdks td.

Gdsp`td pidjty co gcukts hkcut tadstrdjmta co tad Durcpdhj Bcnn`ss`cj‐sbhsd, bcjth`jdr i`jds stìi ohbd h icjm wh`t

kdocrd adhr`jm wadtadr cr jct tady hrd `jtad bidhr, m`vdj tad prcbdss sdt `j trh`j kytad bcnn`ss`cj‐s Jcvdnkdr gdb`s`cj tccpdj prcbddg`jms hmh`jst tadn.

‑@o tad bcnn`ss`cjgcds jct ahvdg`rdbt dv`gdjbdco bciius`cj ...tad i`jds bhj fust` hkiy hrmudtaht hgvhjbdpuki`b jct`bd corhtd bahjmds adips

bustcndrs pihj‐

@hj Mìds.



www.bcjth`jdrsa`pp`jm.bcn BCJWH@JD[@RHW@CJ @JWD[JHW@CJHI ;2Fhjuhry/Odkruhry ;<87

\HB@O@B @jtdrjht`cjhi I`jds, ncrd ohnì`hriyejcwj hs \@I, ahs bhrvdg cut h strcjmpcs`t`cj j i`jdr sa`pp`jm.

@t `s burrdjtiy rhjedg 8?ta `j tad wcrig,kut w`tacut ahv`jm kdbcnd `jvcivdgs`mjò`bhjtiy j tad tardd nhfcr mickhitrhgd ihjds. Cr`m`jhiiy h j`bad cpdrhtcrsthrt`jm coo j scutadhst Hs`h, \@I ahsjcw dxphjgdg tc bcvdr @jg`h, tad N`ggidDhst, Hor`bh, Cbdhj`h, Rcuta Hndr`bh hjgnhjy pc`jts j kdtwddj, hjg j h vdrysnhii why, tad TR wdst bchst/Bhjhgh hjgNdg`tdrrhjdhj/jcrtadrj Durcpd.

@ts trhg`t`cjhi bcjth`jdr sdrv`bds hrdsuppidndjtdg ky nuit`purpcsd sdrv`bdsorcn Hs`h tc Rcuta hjg ]dst Hor`bh.

\@I‐s o`rst cwjdg bcjth`jdr vdssdi whs,ièd cjd co ts tadj jdwiy-dsthki sadgbcjtdnpcrhr ds BNH, hj dx-Nhjbadstdr

I`jdrs vdssdi, j \@I‐s bhsd tad NhjbadstdrVdhi. @j tad shnd ydhr, 8018, tad i`jdcpdjdg `ts coo`bd `j Bdbì Rtrddt, R`jmhpcrd,orcn wadrd `t bcjt`juds tc nhjhmd `tscpdrht`cjs tcghy.

Wurjcvdr rdhbadg $8kj `j ;<<;, tr`pidgtc $2kj ky ;<<= hjg ky ;<8; rdhbadg$7.?kj, mrcwta taht nhjy ihrmdr i`jdrbcnphj`ds nust rdmhrg w`ta djvy. Waduj`vdrshiiy tcuma t`nds co ;<<1-;<<0 g`gjct idhvd \@I ujsbhtadg kut rdbcvdry ahskddj grhnht`b, hikd`t w`ta scnd ups hjggcwjs.

]`ta h burrdjt oiddt co hrcujg 8=4vdssdis — scnd ?4% cwjdg `j i`jd w`ta

bcnphjy pci`by — coodr`jm 2=7,<<< tdubhphb`ty, `ts mrcwta `j tad phst twc ydhrsahs kddj h adhgy ;4%. Wadrd hrd h ourtadr82 vdssdis tcthii`jm 48,<<< tdu, hicjm

w`ta twc nuit`purpcsd uj`ts, cj crgdr ocrgdi`vdry ky tad djg co ;<87.

\@I nh`jth`js taht ts cppcrtuj`st`bhpprchba tc bahrtdr`jm hjg kuy`jm ahshiicwdg t tc thed ouii hgvhjthmd coohvcurhkid bahrtdr rhtds hjg jdwkuìg`jmpr`bds, hj dspdb`hiiy vhiuhkid odhturdgur`jm tad ihst twc tc tardd ydhrs codxtrdndiy bahiidjm`jm bcjg`t`cjs j nhjyco `ts hrdhs co cpdrht`cj.

@j`t`hiiy, sdrv`bds wdrd bcjo`jdg tc@jgcjds`h hjg Wahìhjg kut dxphjs`cjs`jbd tadj ahs kddj grhnht`b. \@I jcwkchsts ;? wddeiy shì`jms orcn Ba`jhhicjd tc h w`gd rhjmd co gdst`jht`cjs, hjgcpdrhtds tadrd tarcuma hj dxtdjs`vd rhjmdco coo`bds.

Ctadr sdrv`bds hbrcss `ts trhg`jm rhjmdhrd prcv`gdg tc h rdmuihr t`ndthkid.

HJHIPR@R /\HB@O@B @JWD[JHW@CJHI I@JDR

BH[[@D[R

I jd ahs ahg ts ups hjg gcwjs, kut o t h j‐t krced, gcj‐t o`x t, wr tds Hihsth r A ii.

\@I TJGD[WAD R\CWI@MAW

\@I‐s oiddt burrdjtiy sthjgs ht 8=4vdssdis, w`ta hjctadr 82 cj crgdr ocr

gdi`vdry ky tad djg co tad ydhr.



;7 BCJWH@JD[@RHW@CJ @JWD[JHW@CJHI www.bcjth`jdrsa`pp`jm.bcn Fhjuhry/Odkruhry ;<87

[di`hkì`ty hjg ordqudjby hrd nhfcr sdii`jmpc`jts, kut j scnd hrdhs t gcds ahvdtc thed phrt`buihr hbbcujt co pcrt gdihys,grhumat i`n`tht`cjs hjg `jorhstrubturdhvhìhkì`ty.

R`nìhriy, \@I ahs `ts cwj coo`bds tc sdrvd`ts nhfcr trhg`jm hrdhs, djsur`jm str`bthgadrdjbd tc sdrv`bd idvdis gdnhjgdg ky`ts bustcndrs, hii suppcrtdg ky cpdrht`cjhihjg gcbundjtht`cj systdns, hincst hs`npcrthjt tc sa`ppdrs hs tad sa`pp`jmsdrv`bd tsdio.

\@I‐s strhtdmy co cpdrht`jm nhjy sdrv`bdscj h fc`jt khs`s, cr tarcuma sict bahrtdrs,n`t`mhtds tad r`ses co kd`jm h sthjghicjdprcv`gdr kut bhj i`n`t rdwhrgs.

Jcthkiy, tadrd `s h 8< ydhr strhtdm`bhii`hjbd ght`jm orcn ;<<0 w`ta ]hj Ah`,hjctadr ocbusdg i`jdr bcnphjy ahio hsk`m hs \@I, wa`ba ahs nh`jth`jdg h strcjmo`jhjb`hi pcs`t`cj tarcuma tad rdbdjttrcukids j tad jgustry hjg w`ta wa`batad R`jmhpcrd bhrr`dr cpdrhtds nhjy fc`jtsdrv`bds.

Tj`qudiy hncjm i`jdr bcnphj`ds,\@I cwjs h suksthjt`hi sthed j h nhfcrbcjth`jdr kuìgdr, R`jmhnhs, i`stdg `j AcjmEcjm hjg cwjdr hisc co jundrcus gdpcts`j Ba`jh, Acjm Ecjm hjg Wahìhjg.

@ts o`rst ohbtcry whs sdt up j 8010 hjg`ts Acjm Ecjm i`st`jm ghtds orcn 8002.]`ta hjjuhi bhphb`ty `j dxbdss co 8n tduorcn 88 ohbtcr`ds, t s sdbcjg cjiy tc B@NB`j mickhi bcjth`jdr nhjuohbturdrs kut ahssddj h g`snhi ahio ydhr j ;<82 hs gdnhjgorcn i`jds hjg idsscrs ahs ohiidj j i`jdw`ta tad ocrtujds co i`jdr bcnphj`ds.

Hs R`jmhnhs‐ bcjtrcii`jm sahrdacigdr,\@I‐s hjg R`jmhnhs‐ ocrtujds hrd bicsdiyi`jedg. Hjhiysts‐ ocrdbhsts ht tad kdm`jj`jmco tad ydhr ht R`jmhnhs ocr mrcwta `jpr`bds hjg vciunds ahvd kddj ghsadg hstad nhredt ahs rdnh`jdg sukgudg, w`tao`rst ahio rdsuits rdvdhi`jm h 24% ohii `jturjcvdr tc $41<n hjg h s`nìhr ohii jdhrj`jms pdr sahrd.

Ihtdst ocrdbhsts jcw jg`bhtd tahth wdhe sdbcjg ahio co ;<82 `s ncrdtahj ièdiy hs bustcndrs ahvd gdodrrdggdb`s`cjs cj oiddt rdjdwhi cr dxphjs`cj.

Nhjy i`jds taht ht cjd t`nd gdnhjgdgjdw cr jdhriy-jdw bcjth`jdrs ocr tad`rsdrv`bds ahvd icjm s`jbd rdbcmj`sdg tadjddg tc hbbdpt pdrodbtiy sdrv`bdhkid kutcigdr hjg tadrdocrd badhpdr uj`ts ocr tad`rsdrv`bds.

Hjy cpt`n`sn ht R`jmhnhs s khsdg cjsdd`jm h rdv`vhi j gdnhjg j tad TR hjg

Bidhriy, \@I ahs rds`stdg tad s`rdj bhiisorcn ctadr sa`pp`jm bcnphj`ds w`ta hjdyd cj \@I‐s strcjm hjg g`vdrsd kus`jdsssdde`jm h ndrmdr cr thedcvdr. Dquhiiy,\@I ahs sc ohr rdfdbtdg hjy hpprchbadsorcn tad o`jhjb`hi bcnnuj`ty sdde`jm hiubrht`vd puki`b coodr`jm.

Wad icw edy, bcjsdrvht`vd ydtdjtdrpr`s`jm hpprchba co \@I tc ts bacsdjsdbtcr co mickhi sa`pp`jm ahs ahg jc jddgocr tad ujbdrth`j kdjdo`ts co o`jhjb`hidjm`jddr`jm5 hs h pr`vhtd bcnphjy tdjfcys tad hksdjbd co sbrut`jy orcncuts`gd sahrdacigdrs, odw co wacn nhyahvd h rdhi `jtdrdst `j cr oddi ocr sa`pp`jm.

@t ahs kuìt h kus`jdss w`tacut tadg`strhbt`cjs co sdde`jm puki`b`ty ocr tshba`dvdndjts cr ts idhgdrsa`p hjg ahs hstrubturd taht jg`bhtds pdrnhjdjbd hjgstdhg`jdss rhtadr tahj tad a`mas hjg icwsdxpdr`djbdg ky nhjy co `ts pddrs.

R`nìhriy, \@I ahs rdorh`jdg orcn djtdr`jmtad bacppy whtdrs cotdj djbcujtdrdg w`tathedcvdrs hjg ahs didbtdg tc nhed `ts cwj

Durcpd, wadrd tad nhfcr`ty co bustcndrshrd icbhtdg, w`ta phrt`buihr ocbus cjgcndst`b uj`ts rdpihb`jm iòd dxp`rdg typds`j tad TR.

Ocr tad ohnìy taht cwjs tad nhfcr`ty cotad bcnphjy hjg s adhgdg ky 04-ydhr-cigWdc ]ccj W`cjm, hisc ejcwj hs Bahjm PujBaujm, tad gdvdicpndjt co tad djtdrpr`sdahs gdi`vdrdg rdhi wdhita — dvdj `j hbcujtry ièd R`jmhpcrd taht ahs sddj tadr`sd co nhjy nuit`-nìi`cjh`rds — hjg adahs nhgd hj hwhrg-w`jj`jm bcjtr`kut`cjtc R`jmhpcrd-Ba`jh rdiht`cjs.

@j tad hotdrnhta co ]crig ]hr ;, Wdc]ccj W`cjm gdvdicpdg dxtdjs`vd bcjthbtsw`ta`j a`s jht`vd Ba`jh ht h t`nd wadjtrhvdi tc hjg orcn Ba`jh whs sdvdrdiyrdstr`btdg hjg t`nd-bcjsun`jm.

Acwdvdr, subbdss bhnd ihtd `j iòd hjgWdc ]ccj W`cjm whs 70 kdocrd ocujg`jm\@I w`ta h ihrmdiy trhnp hjg twddjgdbedroiddt. Bcjth`jdrs ahg ydt tc kdbcnd tadohnì`hr s`mat tady hrd tcghy.

Wadsd bcjthbts idg tc icjm-sthjg`jmhjg icyhi ociicw`jms hncjm Ba`jdsdbcnphj`ds wa`ba ahvd mrcwj `j`npcrthjbd cj tad khbe co Ba`jh‐s stdiihr`jgustr`hi subbdssds co tad phst ;< ydhrshjg bcjtr`kutdg sc nuba tc tad subbdss co

\@I. Wdc ]ccj W`cjm‐s scj, Wdc R`cjmRdjm, s tad burrdjt nhjhm`jm g`rdbtcr co\@I. Ad gdbi`jdg tc kd `jtdrv`dwdg ocr ta`shrt`bid.

Wad hgn`rht`cj co ts pddrs, bcnpdt`tcrs,suppi`drs hjg bustcndrs s h bcnpdii`jmgdncjstrht`cj taht \@I s subbdssoui, kutacw s taht gdo`jdg hjg wadrd gcds t idhgtad bcnphjy3

O`jhjb`hiiy, tad bcnphjy‐s rdbcrgs`jbd ;<<0 ahs, hikd`t w`ta scnd sw`jms,ociicwdg hj upwhrg phta hs sacwj j tadthkid kdicw.

]`ta prcpdr rdspdbt ocr tad vhiud cobhsa hjg t`mat bcjtrci co cpdrht`jm bcsts,\@I ahs kuìt tsdio h ocrn`ghkid o`jhjb`hipcs`t`cj djhki`jm t tc mrcw ts oiddt hjgdxphjg ts mdcmrhpa`bhi sprdhg w`tacuttardhtdj`jm tad wacid strubturd.

Whkid 86 \hbò`b @jtdrjht`cjhi I`jdso`jhjb`hi rdsuits ;<<0-;<8; (TR $n)

;<8; ;<88 ;<8< ;<<0

Wurjcvdr $7,?70 $7,787 $2,0;1 $8,084\rco` ts $8=1 -$00 $241 -$0=Jdt wcrta $4,==8 $4,8?4 $7,14= $2,=7?Bhsaoicw $821 $77 $8=8 -$;48


BH[[@D[R




why `j tad sa`pp`jm wcrig w`tacut tadg`strhbt`cjs co hbqu`r`jm hjg `jtdmrht`jmctadrs.

Ohnìy cwjdrsa`p hjg rdspdbt ocr tadbcnphjy‐s a`stcry hjg hba`dvdndjts hjghj dsthki`sadg hjg sahrdg v`s`cj ocr tadbcnphjy‐s outurd summdst tadrd wìi jct kdhjy s`mjò`bhjt g`vdrmdjbd orcn `ts phst.

Rc, wadrd bhj \@I mc mdcmrhpa`bhiiy,m`vdj taht tad nhfcr trhgd ihjds, orcnHs`h tc Jcrta Hndr`bh hjg Durcpd hjg tadtrhjshtihjt`b, hrd shturhtdg w`ta bhphb`tyhjg kdsdt ky o`jhjb`hi gòo`buit`ds hjg coodri`ttid sbcpd ocr `jvdjt`cj cr `j`t`ht`vd tcrdwhrg tad ckv`cus r`ses3

\@I ahs `gdjtò`dg hjg djtdrdg trhgdscoodr`jm cppcrtuj`t`ds, phrt`buihriy w`tatad khbe`jm co `ts bustcndr khsd `j Ba`jh,jcthkiy tc Rcuta Hndr`bh, Hor`bh hjg tadN`ggid Dhst.

H qu`be icce ht h nhp rdvdhis odwhrdhs wa`ba coodr tad e`jg co mrcwtapctdjt`hi taht ahs ujgdrp`jjdg \@I‐s phstdxphjs`cj.

@ts r`se hvdrsd hpprchba tc djtdr`jm jdwnhredts v`h fc`jt sdrv`bds cr sict bahrtdrsahs krcumat kdjdo`ts hjg `ts g`vdrsò`bht`cj`jtc icm`st`bs hjg bcjsci`ght`cj ahs kddjtc suppcrt `ts bcrd i`jdr kus`jdss. Ihjgs`gdgdvdicpndjts nhy coodr ourtadr cpdj`jmskut hrd ujièdiy tc ahvd h nhfcr `nphbt cj`ts rdsuits.

@j tad shnd why, `ts `jvdstndjt `jR`jmhnhs, w`ta h ;<% mickhi sahrd cotad nhredt, ahs kddj bcnpidndjthry tc`ts i`jdr cpdrht`cjs hitacuma `ts bustcndrkhsd mcds ohr kdycjg sdrv`jm `ts nh`jsahrdacigdr.

@j ohbt R`jmhnhs nhy kd sddj hs hwdhe i`je `j tad mrcup, ahv`jm suoodrdghicjm w`ta B@NB `j tad gcwjturj hjghincst bdrth`j tc ahvd h pccr ydhr `j ;<82hjg ;<87 kd`jm, pdrahps, i`ttid kdttdr.Ourtadrncrd, R`jmhnhs `s jct hs bhsa

mdjdrht`vd hs \@I.R`jmhnhs bhj tadrdocrd kd bcjs`gdrdg

hj ujgdrpdrocrn`jm hssdt ocr wa`bag`vdstndjt nhy kd hj cpt`cj kut jcw nhy

jct kd tad kdst t`nd tc tdst taht phrt`buihrnhredt.

Wad bcjbius`cj nust tadrdocrd kd taht\@I `s ièdiy tc pursud `ts strh`matocrwhrghjg prcvdj phta co crmhj`b mrcwta,nh`jth`j`jm `ts oidx`kid hpprchba tcpcrt sdidbt`cj, vdssdi hbqu`s`t`cj hjggdpicyndjt hjg rctht`cjs tc djsurd`t bcjt`juds tc ociicw `ts bustcndrs‐gdnhjgs hjg tc nh`jth`j `ts prcn`jdjtpcs`t`cj `j `ts bacsdj trhgds.

Tj`qudiy hncjm i`jdr bcnphj`ds, \@I cwjs hsthed `j bcjth`jdr kuìgdr R`jmhnhs.\actc6 Kiccnkdrm


BH[[@D[R

Hihsth`r Aìi `s h quhiò`dg hbbcujthjt w`tacvdr 2< ydhrs‐ dxpdr`djbd `j tad bcjth`jdrsa`pp`jm hjg w`gdr trhjspcrt `jgustryahv`jm sthrtdg w`ta Rdh Bcjth`jdrs `jbcnndrb`hi hjg kus`jdss gdvdicpndjtpcs`t`cjs . Ad ahs wcredg ocr‑E‐ I`jd TE,TWW (@jtdrkuie) `j tad Ohr Dhst hjg ctadr

thje hjg gry kcx idsscrs hjg nhjhmdrs.Ad `s hj `jgdpdjgdjt bcjsuithjt/`jtdr`nnhjhmdr hjg ahs hisc wcredg `j Xhthrhjg Muyhjh cj gdvdicpndjt prcfdbts.



WAD _@D] O[CN WAD K[@GMD

@JR@MAW O[CN WAD B RT@WD/FCAJ ND[DG@WA

;? BCJWH@JD[@RHW@CJ @JWD[JHW@CJHI www.bcjth`jdrsa`pp`jm.bcn Fhjuhry/Odkruhry ;<87

DQWDJR@_D quhy idjmta `s h strhtdm`b hssdtocr bcjth`jdr tdrn`jhis sdde`jm tc ahjgidtad ncst doo`b`djt n`x co ihrmd kcxsa`pshjg snhiidr oddgdrs.

Fcaj Ndrdg`ta, gdputy bah`rnhjco Acjm Ecjm-khsdg Autba`scj \crtAcig`jms, kdi`dvds taht icjm, i`jdhr quhys — hjg nhtba`jm hicjms gd bcjth`jdrsthbe`jm hrdhs — hrd w`jj`jm `jmrdg`djtsocr pcrts taht sdde tc ahjgid uitrh ihrmdbcjth`jdr vdssdis.

Cjd co tad k`mmdst prckidns ocr pcrtshrcujg tad wcrig — dvdj tcghy, ad shys — `s taht tady wdrd ku it hjg sdt up ocrmdjdrhi bhrmc, w`tacut ’h j`bd rdbthjmuihrsahpd ocr bcjth`jdrs„.

Ad hggs6 ’\crts ahg tc kd bcjvdrtdg

orcn ahjgi`jm mdjdrhi bhrmc, wadrd tadrdwhs jc spdbò`b jddg ocr tad doo`b`djby co hyhrg ihycut, tc sdrv`jm tad rdqu`rdndjts coh ncgdrj bcjth`jdrsa`p.

’Ricwiy, hrcujg tad mickd, pcrts ahg tcejcbe gcwj coo`bds, ejcbe gcwj sadgs,i`jd up phvdndjts hjg sthbe`jm hrdhs `jcrgdr tc nddt tad a`ma prcgubt`v`ty idvdisrdqu`rdg ky h bcjth`jdrsa`p.„

Gr Ndrdg`ta kdi`dvds taht `t `s cjiyrdbdjtiy — hjg jcrnhiiy hsscb`htdgw`ta k`m ihjg rdbihnht`cjs — taht

bustcn-kuìt pcrts ahvd ahg tad ncstdoo`b`djt ihycuts ocr bcjth`jdr ahjgi`jmprcgubt`v`ty.

Gr Ndrdg`ta b`tds Khrbdicjh `j Rph`jhs hj dxhnpid co wadrd hj cig pcrt hrdh — cr m`jhiiy gds`mjdg tc ahjgid mdjdrhibhrmc — ujgdrwdjt scnd suksdqudjtbcjvdrs`cj wcre tc ahjgid bcjth`jdrs.

’@t whs cjiy wadj wd ncvdg `jtctad jdw pcrt zcjd co Khrbdicjh, w`tahutcnhtdg cpdrht`cjs, taht wd swujm orcnrdhscjhkid prcgubt`v`ty tc jdhriy gcukidwaht wd wdrd gc`jm kdocrd.

’Wa`s whs hba`dvdg ky kuìg`jm orcnsbrhtba, `j h rdbih`ndg hrdh, h prcpdrpcrt ohbì`ty gds`mjdg ocr bcjth`jdrs,dvdryta`jm kd`jm rdbthjmuihr-or`djgiy, w`tajc kuìg`jms `j tad n`ggid co tad yhrg, hbcnpidtdiy bidhj-swdpt h`rbrhot bhrr`drtypd gdbe.„

Gr Ndrdg`ta kdi`dvds taht tad bcjth`jdrpcrts co tad outurd wìi jddg ihrmd hrdhsw`ta bidhr hbbdss tc bcjth`jdrs, hjg icjmquhys.

’Wacsd bcjth`jdr pcrts w`ta i`jdhr, nìd

hotdr nìd kdrta idjmta hrd mc`jm tc kd tadw`jjdrs. Wacsd taht ahvd rdbthjmids hjgbcnd khbe cj tadnsdivds — wd dvdj sddta`s cj tad jdw Nhhsvihetd ; gdvdicpndjt

H ICJM@JMOC[ XTHP

IDJMWARAutba`scj kcss Fcaj Ndrdg`taspdhes tc [cmdr Ahìdy hkcuta`s v`s`cj hs ad hssunds h jdwrcid ht tad wcrig‐s ihrmdsttdrn`jhi cpdrhtcr

`j [cttdrghn — hrd jct mc`jm tc kd tadpcrts co tad outurd.„

Gr Ndrdg`ta hbejcwidgmds taht nìdhotdr nìd co i`jdhr quhy i`jd wìi jct kd hprhbt`bhi cpt`cj ocr ncst jdw pcrts.

Acwdvdr, tacsd pcrts w`ta tad icjmdst

hjg strh`matdst pcss`kid quhy i`jd wìi kdhkid tc sdrvd tad mrdhtdst junkdr co uitrhihrmd bcjth`jdr sa`ps hjg oddgdrs ht tadshnd t`nd.

’Wadsd ncjstdr sa`ps hrd mdtt`jm icjmdrhjg icjmdr. Dvdry t`nd ycu ta`je ycu ahvdmct tad idjmta r`mat, ycu gcj‐t, hjg ycuahvd tc hgg hjctadr pahsd, kut `j tadshnd strh`mat i`jd.

’Wadsd jdw vdssdis icvd strh`mat icjm

i`jds co kdrta idjmta w`tacut suggdjiystcpp`jm ocr h rdbthjmuihr. Ckv`cusiy ycugc jddg tc bcnd khbe cj ycursdio up tc hpc`jt, ò cjiy ocr h krdhewhtdr.„



www.bcjth`jdrsa`pp`jm.bcn BCJWH@JD[@RHW@CJ @JWD[JHW@CJHI ;=Fhjuhry/Odkruhry ;<87

JDQW NCJWA6HID3333333333 3 33 3 33 3 33 3 33 3\DWAD _@D] O[CN WAD K[@GMD


A\A ahs nhgd hbqu`s`t`cjs co hgfc`j`jmkdrtas `j Acjm Ecjm orcn ctadr pcrtmrcups `j crgdr tc hba`dvd h icjmdr i`jdhridjmta ocr `ts tdrn`jhis.

’]d hbqu`rdg taht phrt`buihr twc kdrtacpdrht`cj kdbhusd `t m`vds us ocur icjm

kdrtas `j h i`jd, wa`ba `s waht wd jddgdg.Wadrd wcuigj‐t kd hjy pc`jt ò scndkcgymhvd us h 0< gdmrdd kdrta tc tad dx`st`jmtwc taht wd ahvd.„

Gr Ndrdg`ta w`tjdssdg o`rst ahjg tadgdvdicpndjt co bcjth`jdr ahjgi`jm `jpcrts mdhrdg ocr jcj-uj`t`sdg bhrmc.

]adj tad o`rst ;< ot bcjth`jdrs hrr`vdg`j Acjm Ecjm hkchrg mdjdrhi bhrmc vdssdis`j tad dhriy 80=<s, Gr Ndrdg`ta whs jct

bcjv`jbdg taht tad `gdh wcuig ihst.’Dhba bcjth`jdr ahg tc kd nhj-ahjgidg

kdbhusd tad sa`ps wdrd jct gds`mjdg ocrtadsd ghnj ta`jms hjg tad sacrd-khsdg

dqu`pndjt whs jct vdry bcjvdj`djtd`tadr. ’Wad kcxds ahg tc kd ihsadg cjgdbe, hjg tadj tadrd whs tad prckidn concv`jm tadn hrcujg tad t‐wddj gdbes. Wadbcjth`jdrs ahg w`rds cj hii ocur bcrjdrs,idhg`jm up tc cjd bdjtrhi w`rd wa`ba wdjtup tc tad f`k brhjd.„

Dhba hjg dvdry kcx wcuig thed hrcujg84 n`jutds tc put `j pihbd cj kchrg sa`p,nuba icjmdr tahj `t wcuig thed tc sw`jmbhrmc cj kchrg w`ta h wdii cpdrhtdg sa`ps‐gdrr`be systdn.

Ky bcnphr`scj, A\A‐s sdn`-hutcnhtdgtdrn`jhi ht Khrbdicjh tcghy bhj ncvdup tc 4; kcxds pdr acur, pdr brhjd. Wadhvdrhmd hrcujg tad wcrig `s 2< ncvds pdracur pdr brhjd, hjg r`s`jm.

Rhys Gr Ndrdg`ta co tad dhriy kcxdxpdr`ndjt6 ’@j`t`hiiy, tadrd whs h ict cog`sbuss`cj hkcut wadtadr tadsd ta`jmswcuig rdhiiy dvdr wcre, hjg uit`nhtdiytady kuìt bdiiuihr mu`gd sa`ps tc scivd tahtphrt`buihr prckidn.

’Kut, ht o`rst, `t whs vdry ahrg tc fustòyacw tadsd ta`jms wcuig kd stcwdg cjgdbe hjg ihsadg gcwj sdburdiy, fhnndgkdtwddj sa`p‐s gdrr`bes hjg tad s`gd rhìs.„

Hphrt orcn tad pays`bhi ihkcur `jvcivdg`j ncv`jm kcxds hrcujg tad acig co h jcj-

bdiiuihr vdssdi, tadrd whs hisc tad prckidnco whstdg sphbd gud tc tad`r rdbthjmuihrsahpd vdrsus tad jhturhi burvhturd co hsa`p. ]`ta mdjdrhi bhrmc, bhrtcjs bcuig kdphbedg `jtc dvdry jcce hjg brhjjy.

Hggs Gr Ndrdg`ta6 ’]d tadj ahjgidgbcjth`jdrs ocr tad Wujm Mrcup kdbhusdWujm whs bcjvdrt`jm scnd co a`s mdjdrhibhrmc sa`ps w`ta bdii mu`gds, tc cvdrbcndta`s prckidn co stcw`jm tadn kdicw gdbe.

’Kut tad prckidn cj tad quhys`gd stìirdnh`jdg. Wad dqu`pndjt tdjgdg tc kd f`k-cpdrhtdg brhjds hjg t tcce h icjm t ndkdocrd purpcsd kuìt brhjds bhnd `j.„

Hj dhriy trdjg whs dsthki`sadg, shys NrNdrdg`ta6 ’Wad sa`ps, hs dvdj up tc tcghy,tdjgdg tc kd tad idhgdrs hjg tad pcrtstdjgdg tc ociicw.„

Hsedg hkcut n`stheds nhgd kytad pcrts `jgustry w`ta tad hgvdjt cobcjth`jdr`sht`cj, Gr Ndrdg`ta rdnhres tahtpcrt cpdrhtcrs wdrd bhumat cut ky tad`j`t`hi thròo strubturd hsscb`htdg w`ta tadsthjghrg ;< ot kcx.

’O`rst co hii wd ahg h ;< ot kcx taht whs

1ot thii, hjg w`ta h thròo rhtd sdt hmh`jst `t.Hii co h suggdj, tad i`jds `jtrcgubdg hj 1ot?`js a`ma kcx, wa`ba ph`g tad shnd thròohs kdocrd. Wad pcrts hrmudg taht tad i`jds





;1 BCJWH@JD[@RHW@CJ @JWD[JHW@CJHI www.bcjth`jdrsa`pp`jm.bcn Fhjuhry/Odkruhry ;<87

’Wadrd wìi kd odwdrbhiis, kut ihrmdr vdssdis,kut @ ta`je tad nhredtwìi hgfust, w`tancrd bhrmc ncv`jmkdbhusd tad kcx rhtd`s httrhbt`vd djcuma tcdjbcurhmd dvdj ncrdmickhi trhgd„

wdrd mdtt`jm ncrd bhrmc tarcuma, kut tadi`jds rdpi`dg taht `t whs bcst`jm tad pcrtsjc ncrd tc ahjgid `t.

’Hjg tadj bhnd tad 0 ot kcx. Wadbcjth`jdr edpt mc`jm up `j ad`mat, kut hiscicjmdr, tc 7<ot. Wad bhrr`drs hmh`j hrmudgtaht pcrt cpdrhtcrs ahg tad shnd s`jmidncvdndjt hjg sc way sacuig tady bahrmdncrd ocr h 7< ot kcx tahj h ;<ot3„

Hs h rdsuit, pcrt cpdrhtcrs‐ `jbcndsarhje kdbhusd odwdr bcjth`jdr ncvdswdrd mc`jm tarcuma tad pcrt. Wad kcxdswdrd k`mmdr kut tad sa`pp`jm i`jds wdrdjct prdphrdg tc phy h gòodrdjt`hi ocr tadvhry`jm s`zd co kcx.

Rc whs dsthki`sadg h kcjd co bcjtdjt`cjkdtwddj pcrt cpdrhtcrs hjg sa`pp`jm

bcnphj`ds taht stìi prdvhìs tcghy, `j scndhspdbts.

Gr Ndrdg`ta shys taht tad mrcwta `jmickhi trhgd, hjg tad `jbrdhsd `j dnptykcxds, hiicwdg tad pcrt cpdrhtcrs scndbihwkhbe, hs tady wdrd stìi kd`jm ph`g tcahjgid h jcj-rdvdjud dhrj`jm bcjth`jdr.

Icce`jm khbe ht hj `jgustry taht jcwhbbcujts ocr 8?<n tdu co rdvdjud dhrj`jmbcjth`jdr ncvds pdr ydhr, Gr Ndrdg`takdi`dvds taht bcjth`jdr`sht`cj, orcn `tssahey sthrt, wìi bcjt`jud tc mrcw, gdsp`td

scnd oujghndjthi bahjmds.Wad sacrtdj`jm co sa`p bcnn`ss`cj`jm,

orcn ocur tc o`vd ydhrs tc idss tahj 8;ncjtas, ahs sddj h bcnncg`t`sht`cj cotad bcjth`jdr nhredt, wa`ba ahs bahjmdgtad dbcjcn`bs co tad sa`pp`jm i`jd suppiys`gd.

’Aumd ocrtujds wdrd nhgd `j tadcig ghys ky tad sa`pcwjdrs, kut taht`s dxtrdndiy gòo`buit tcghy, m`vdj hbcnncg`t`sdg nhredt wadrd tady hrd hiivy`jm ocr tad shnd bhrmc.„

\crts wìi bcjt`jud tc nddt tadbahiidjmds co ihrmdr vdssdis, prckhkiykdycjg tad burrdjt 81,<<< tdu kdjbanhre.

’@ hn vdry bhut`cus jcw, kdbhusd @ hncjd co tad muys wac sh`g bcjth`jdr`sht`cjwhs jdvdr mc`jm tc wcre. ]`ta tad vhiud coa`jgs`mat hjg w`ta ny idsscj idhrjt orcnkdocrd, @ ejcw taht tad wcrig ncvds cj.

’Nhykd tad wacid nhredt wìi bahjmd.Wadrd wìi kd odwdr bhiis, kut ihrmdr vdssdis,kut @ ta`je tad nhredt wìi hgfust, w`tancrd bhrmc ncv`jm kdbhusd tad kcx rhtd `shttrhbt`vd djcuma tc djbcurhmd dvdj ncrd

mickhi trhgd.„Gr Ndrdg`ta, wac shw tad r`sd co tad

pr`vhtd tdrn`jhi cpdrhtcr hs sthtds kdmhjsdii`jm pcrt bcjbdss`cjs `j tad 801<s,

kdi`dvds taht tad TR hjg scnd Hs`hjbcujtr`ds bcuig kdjdo`t orcn h ourtadrrcujg co pr`vht`sht`cj suba hs `j AcjmEcjm hjg tad TE.

’@ stìi nh`jth`j taht `t `s tad kdst whyh sthtd bhj mc. Wad TR, Fhphj hjg Wh`whj — wa ba stìi ahvd tad cig systdn co hsthtd-cpdrhtdg pcrt idhs`jm cut ohbì`t`dstc sa`pp`jm i`jds — hrd rujj`jm `jtcprckidns.

’Wad jddg tc nhed `jorhstrubturhi`jvdstndjts hs tad pcrts mdt cigdr `skdm`jj`jm tc a`t tadn. Rcndkcgy ahstc oujg taht `jvdstndjt `j grdgm`jm hjgrdpihb`jm dqu`pndjt. Wad pr`vhtd sdbtcr `skdttdr pihbdg tc gc ta`s wcre.„

Hitacuma hj hgvcbhtd co pr`vhtd sdbtcr`jvcivdndjt `j pcrts, Gr Ndrdg`ta kdi`dvdstaht scnd jcj-`jgustry `jvdstcrs, suba hpdjs`cj oujgs, ’ph`g wdii cvdr tad nhredtpr`bd, hjg jcw rdhi`sd taht„.

Hggs Gr Ndrdg`ta6 ’Dvdrykcgy ht tad

t`nd sh`g waht h snhrt `gdh `t whs6 h mccgicjm-tdrn `jvdstndjt hjg stdhgy bhsaoicw. Kut waht tady n`ssdg whs tad aumdnuit`pids taht tadsd djt`t`ds — wa`ba wdrd

A\A ahs hbqu`rdg hgfc`j`jm kdrtas `j AcjmEcjm orcn ctadr pcrt mrcups `j crgdr tc hba`dvd

h icjmdr i`jdhr idjmta ocr `ts tdrn`jhis.\actc6 Kiccnkdrm




jct rdhiiy strubturdg `j pcrts ejcwacwhjg ejcwidgmd — ph`g ocr scnd co tadsdhssdts. Wa`s `s jcw bcn`jm acnd tc rccst.

’Wad oujgs gdo`j`tdiy g`sruptdg tadnhredt pihbd kdbhusd ncst co tad k`mcpdrhtcrs ièd cursdivds — tad pdcpid wacg`g `t ocr h i`v`jm — wdrd suggdjiy cut cotad nhredt. Ncst co tad prcgubt taht bhndup ocr shid whs qu`beiy dhtdj up ky tadsdoujgs hjg `jsurhjbd bcnphj`ds.„

Gr Ndrdg`ta hisc acigs strcjm v`dws cjtad n`stheds nhgd `j kcta Durcpd hjgHs`h, rdmhrg`jm jcj-bcjth`jdr ahjgi`jmrdvdjud strdhns.

’Rcnd pcrts j Durcpd hjg Hs`h hrd tccrdi`hjt cj jbcnd orcn sa`pp`jm mrcups. Hstad i`jds bcjsci`ghtd, kut hrd hisc prdttyo`jhjb`hiiy strhppdg, t s dxtrdndiy gòo`buitocr pcrt cpdrhtcrs tc mdt h gdbdjt jbcndorcn tad sa`pp`jm bcnphj`ds hicjd.

’@j Iht`j Hndr`bh tad sdtup `s nubakdttdr, orcn h pcrt cpdrhtcr‐s pc`jt co v`dw.Wad`r `jbcnd `s gdr`vdg hs nuba, ò jctncrd, orcn tad ihjgs`gd cpdrht`cj, hjg

gcds jct rdiy cj sa`pp`jm bcnphj`ds.’Kdbhusd tad ihjgs`gd cpdrht`cj s

sprdhg cvdr h w`gdr mrcup co pdcpid phy jmtad`r kìis, t s h nuba kdttdr strubturd



BHRBHGD CO IH[MD[ RA@\R

’Hj `jbrdhs`jm bhsbhgd doodbt wìi putprdssurd cj pcrts, `j Iht`j Hndr`bhocr dxhnpid, tc hbbcnncghtd ihrmdrvdssdis wadj tady ahvd kddj ahppìyahjgi`jm tacsd w`ta hj 1 n grhumat.

’Hjg tacsd pcrts wa`ba wdrd rdihxdghkcut wadtadr cr jct tady ahg h nh`ji`jd bhii wìi o`jg tadnsdivds ujgdrprdssurd tc gdvdicp jdw ohbì`t`ds crtady wìi o`jg tadnsdivds nhrm`jhi`sdg.„

TIW[H IH[MD KCQRA@\R

’Wadrd wìi kd odwdr sa`p bhiis kutihrmdr vdssdis, hjg wd ahvd cjiy tc icceht tad h`ri`jd kus`jdss tc sdd tad nhredtocr k`mmdr h`ri`jdrs.

’@o @ ahg tc nhed h kdt, @ wcuig shytad nhredt wìi hgfust. Wadrd wìi kdncrd bcjth`jdr`sdg bhrmc hs hrdsuit co tad ihrmdr vdssdis bcn`jmcj strdhn.

’Ord`mat taht g`g jct mc `j kcxds nhy

kd bcjth`jdr`sdg, kdbhusd tad rhtd `shttrhbt`vd djcuma tc djbcurhmd dvdjncrd mickhi trhgd tahj kdocrd. Kutwadtadr tad i`jds wìi nhed hjy ncjdycut co `t `s h gòodrdjt nhttdr.„

\C[W RW[HWDM@DR

’Wad k`mmdst prckidn orcn h pcrtcpdrhtcr‐s pc`jt co v`dw `s tc mdt tad`jbcnd jddgdg orcn tad sa`pp`jmi`jds tc fustòy tadsd icjm i`jdhr pcrt

ohbì`t`ds, tadsd jdw rdbihnht`cjs hjgtad `jvdstndjt `j brhjds.„

;<,<<<+ WDT _DRRDIR

’Wad i`n`tht`cjs hrd mc`jm tc kdprckhkiy ncrd cj tad sdhwhrg s`gd,w`ta tad Nhihbbh strh`t hjg tadbhjhis.

’]d ahvd mct tad jdw \hjhnhBhjhi cpdj`jm, prckhkiy `j ;<84, hjg`nndg`htdiy ahio tad wcrig‐s jdwbcjth`jdr tcjjhmd bhjjct mc tarcuma

`t, kdbhusd tad jdw bhjhi `s jct w`gddjcuma.„

OTWT[D [CID

’@o wd hrd tc gdvdicp ourtadr hjg ourtadrho`dig, tadj h ict co ny t`nd `s d`tadr

icce`jm hotdr tad dx`st`jm pcrts wd ahvdhjg/cr o`jg`jm jdw cjds.

’@t `s vdry ahrg tc gc tad rcid co kctabah`rnhj hjg nhjhm`jm g`rdbtcr, sc `t `st`nd tc spi`t `t up.

’Ny gdputy `s bcn`jm `j tc hssundtad rcid co nhjhm`jm g`rdbtcr hjg @ bhjgc waht h bah`rnhj jcrnhiiy gcds,tad pci`t`bhi s`gd. ]a`ba `s waht ncstcrmhj`sht`cjs gc.„

Gr Ndrdg`ta bcjt`juds6 ’]dahg cjd cbbhs`cj wadrd @ ahg tc kd `jHustrhi`h, \hjhnh, tad Khahnhs hjg

Icjgcj, hii tad hppc`jtndjts w`tad`tadr prds`gdjts cr pr`nd n`j`stdrs,hjg hii `j tad shnd wdde.

’@t `s fust pays`bhiiy `npcss`kid tc gctaht hjyncrd, ò ht tad shnd t`nd ycuhrd rdspcjs`kid ocr cpdrht`jm tad pcrtskus`jdss.„

G[ ND[DG@WA CJ....

ocr tad pcrt tahj rdiy`jm cj h gw`jgi`jmjunkdr co bcjsci ght jm sa`pp jm mrcups.„

Hjg waht `s a`s v`dw cj tad ndmh-hii`hjbds co sa`pp`jm i`jds5 hrd tady mccgcr khg ocr tad bcjth`jdr pcrt cpdrhtcrs3

’Wady hrd mccg ocr scnd pcrts hjg khgocr ctadrs. Hmh`j, wd mc khbe tc tacsd icjm,i`jdhr quhys. Wacsd pcrts taht ahvd mct `thrd mc`jm tc kd vdry ohvcurhkiy rdbd`vdgky tad `jgustry kdbhusd tady ahvd tad

hkì`ty tc ahjgid nuit` vdssdi `jtdrbahjmds,wa`ba tadsd muys whjt tc gc.

’Wacsd wac gcj‐t ahvd taht hkì`ty hrdmc`jm tc kd bhumat cut.„

Gr Ndrdg`ta (idot) ht tad cpdj`jm co Kr`skhjd Bcjth`jdr Wdrn`jhis6 ’@t‐s vdry ahrg tc gc tad rcid cokcta bah`rnhj hjg nhjhm`jm g`rdbtcr, sc `t‐s t`nd tc spi`t `t up.„



KCQ ]C[IG K[@DO@JM

2< BCJWH@JD[@RHW@CJ @JWD[[email protected]`jdrsa`pp`jm.bcn Fhjuhry/Odkruhry ;<87

AH\HM-Iicyg bcuig hba`dvd`ts icjm-tdrn mchi co h stcbedxbahjmd i`st`jm jdxt ydhrò pihjs tc tdhn up w`ta tadbcjth`jdr hrn co Baìd‐sBcnphj`h Rug Hndr`bhjh gd_hpcrds hrd subbdssoui.

Wad twc rdvdhidg taht

tady wdrd `j thies hkcut hpcss`kid ndrmdr `j dhriyGdbdnkdr, tadj s`mjdg hjcj-k`jg`jm ndncrhjgun coujgdrsthjg`jm `j ihtd Fhjuhryhs jdmct`ht`cjs prcmrdssdg.

Waht phvdg tad why ocrgud gì`mdjbd tc kdm`j,w`ta dhba s`gd cpdj`jm `tskcces ocr tad prcspdbt`vdphrtjdrs tc dxhn`jd tadctadr‐s khihjbd saddts,

icce ht bustcndr bcjtrhbts,tdrn`jhi bcnn`tndjts, sa`ps,hjg `jvdstndjt pihjs, hjgsòt tarcuma ctadr usuhiiya`maiy bcjo`gdjt`hi bcrpcrhtd`jocrnht`cj.

Cjiy wadj kcta s`gds hrdsht`so`dg wìi tad gdhi mctarcuma hjg tadrd hrd jcmuhrhjtdds ht tad ncndjt.

Ahphm-Iicyg rdhbadgtad gud gì`mdjbd sthmd`j ;<<1 wadj JdptujdCr`djt I`jds nhgd h k`jg`jmcoodr, rdpcrtdg tc kd jtad ₩2kj-₩2.4kj rhjmd($7.8kj-$7.1kj), kdocrd tadR`jmhpcrd bhrr`dr puiidgcut `j Cbtckdr co taht ydhrhs tad nhredts sthrtdg tcgdtdr`crhtd.

Mdrnhjy‐s prdn`dr i`jdahg kddj put up ocr shid kyphrdjt bcnphjy Wu`, ujgdrprdssurd orcn sahrdacigdrs,`jbiug`jm Jcrwdm`hjsa`pcwjdr Fcaj Ordgrèsdj.

]`ta JCI cut cotad p`bturd, h Mdrnhj

Ahphm-Iicyg hjg BRH_ bcurtsa`ps`mjhis jdw rcujg co bcjsci`ght`cj

bcjscrtùn bcjs`st`jm coicbhi djtrdprdjdur Eihus-N`bahdi Euajd pius tad B`tyco Ahnkurm rhii`dg rcujgtc eddp Ahphm-Iicyg cut coocrd`mj ahjgs.

Kut taht sciut`cj whs jdvdr

ndhjt tc kd h icjm-tdrnhrrhjmdndjt, w`ta Ahphm-Iicyg‐s dxdbut`vd kchrgbah`rnhj N`bahdi Kdardjgtstht`jm cj jundrcuscbbhs`cjs taht hj `j`t`hipuki`b coodr`jm whs taddvdjtuhi mchi.

Baccs`jm tad r`mat t`ndwhs tad k`m prckidn, tacuma,w`ta tad vcihtìd bcjth`jdrtrhgds nhe`jm `t ahrg tc o`jgh w`jgcw co cppcrtuj`ty.

Ahphm-Iicyg tadjdnkhredg cj ndrmdrjdmct`ht`cjs w`ta bcnphtr`ctAhnkurm-Rùg dhri`dr ihstydhr, w`ta h bcnk`jht`cj cotad twc i`jds icce`jm `gdhi cjphpdr, m`vdj tad`r mdcmrhpa`bprcx`n`ty tc dhba ctadr hjgbcnpht`kid trhgd ihjds, cjdocbusdg ncrd cj tad dhst-wdst trhgds, tad ctadr hjcrta-scuta spdb`hi`st.

Kut ky hii hbbcujts, ohnìy-cwjdg, gdkt-ordd AhnkurmRùg g`g jct whjt tc kd h fuj`cr phrtjdr `j tad djihrmdg

mrcup, gdsp`td ahv`jm hsnhiidr oiddt tahj Ahphm-Iicyg, wa`ba rhjes hncjm tadtcp 8< `j tad wcrig.

H ydhr kdocrd Ahphm-Iicyg‐s thedcvdr thies w`taJCI, Baìd‐s BRH_ ahg

stujjdg tad `jgustry kycrgdr`jm 8;,<<< tdu sa`ps,hjg tadj kcce`jm ncrd cj hicjm-tdrn bahrtdr khs`s.

Ht taht sthmd, cjiy hahjgoui co bhrr`drs — idgky Nhdrse, Ndg`tdrrhjdhjRa`pp`jm Bc hjg BNH BMN — ahg mcjd ocr vdssdis cotaht bhphb`ty. Ourtadrncrd,tad Baìdhj i`jd ahg jcs`mjò`bhjt prdsdjbd `jtad Hs`h-Durcpd trhgdswadj `t dnkhredg cj hjcvdr-hnk`t`cus dxphjs`cjprcmrhnnd taht pusadg `t`jtc tad tcp 8< ocr h waìd,kut hincst gdstrcydg RcutaHndr`bh‐s ihrmdst sa`pcwjdr.

Jcw ujgdr gòodrdjtnhjhmdndjt hjg sbhidg khbetc h nuba ncrd nhjhmdhkids`zd, BRH_ ahs kddj icce`jmocr phrtjdrsa`ps taht wcuigadip `t bcpd w`ta h bcjth`jdrsa`pp`jm `jgustry taht `sdvciv`jm `jtc h snhii junkdrco pcwdroui bcjscrt`h.

Ahphm-Iicyg `s h ndnkdr

co tad M? hii`hjbd, hicjmw`ta Hs`hj i`jds H\I, CCBI,JPE I`jd, NCI hjg Ayujgh`Ndrbahjt Nhr`jd, taht ahskddj strdjmtadj`jm `tsphrtjdrsa`p `j tad nh`jdhst-wdst trhgds `j rdspcjsdtc tad pihjjdg \2 vdssdi-

sahr`jm hmrddndjt co Nhdrse,NRB hjg BNH BMN. Kcta hrdhwh`t`jm rdmuihtcry hpprcvhikdocrd ncv`jm hadhg w`tatad`r pihjs.

Acw tad bcnk`jht`cjco Ahphm-Iicyg hjg BRH_wìi wcre cut, hssun`jmsahrdacigdrs hmrdd tc tad jdwstrubturd, rdnh`js tc kd sddj.

Kut `j h stcbe dxbahjmdsthtdndjt, BRH_ sh`g tad h`n

whs tc kdbcnd h sahrdacigdr`j Ahphm-Iicyg, w`ta h 2<%sthed `j`t`hiiy, r`s`jm tc 27%hotdr twc pihjjdg bhp`thi`jbrdhsds, tcthii`jm ₩=7<n,tc kd bcnpdtdg w`ta`j 8;ncjtas co tad trhjshbt`cj.

Wad sdbcjg oujg rh`s`jmwìi kd phrt co Ahphm-Iicyg‐sstcbe nhredt i`st`jm w`ta`j hydhr co tad ndrmdr.

BRH_ hisc sh`g taht taht tadjdw bcnphjy wcuig kdbcndtad wcrig‐s ocurta ihrmdstbcjth`jdr i`jd, w`ta bcnk`jdgbhrry`jm bhphb`ty co hrcujg8n tdu, hjjuhi bhrmc iòt`jmsco jdhriy =.4n tdu hjg ydhriyshids co hincst $8;kj.

Wcmdtadr, tad ph`r dxpdbttc thed scnd $2<<n co bcstscut co tad jdtwcre, waìd tadyhisc acpd tc upmrhgd tad`roiddt. BRH_ ahs 0,2<< tdusa`ps cj crgdr, waìd Ahphm-Iicyg `s `j tad prcbdss cothe`jm gdi`vdry co h 8<-strcjmsdr`ds co 82,;<< tdu vdssdis.

Fhjdt \crtdr

BH[[@D[R

Ahphm-Iicyg hjg BRH_ kdmhj gud gì`mdjbd j ihtd Fhjuhry.



KCQ ]C[IG K[@DO@JM


V`n dyds kr`matdrouturd hotdr

jhjb`hi rdsbud

V@N @jtdmrhtdg Ra`pp`jmRdrv`bds acpds taht `tstrcukids hrd o`jhiiy cvdr hjgtaht `t bhj sthrt pihjj`jmocr tad outurd hotdr phrdjt

bcnphjy @srhdi Bcrp rdhbadgprcv`s`cjhi hmrddndjt w`tabrdg`tcrs cj h w`gd-rhjm`jmgdkt rdstrubtur`jm phbehmd `jihtd Fhjuhry.

Wad @srhdi` i`jd‐s o`jhjb`higòo`buit`ds ghtd khbe tcpr`vht`sht`cj `j ;<<7 hjgh suksdqudjt jdwkuìg`jmprcmrhnnd taht bc`jb`gdgw`ta tad sthrt co tad mickhidbcjcn`b gcwj turj.

Waht ocrbdg @srhdi Bcrptc stdp `j w`ta h rdsbudpihj `j ;<<0 taht `jbiugdgbhp`thi `jfdbt`cjs hjg icwdrsa`p bahrtdr rhtds. Kut, stìiwd`madg gcwj ky aumdgdkts, V`n bcjt`judg tcujgdrpdrocrn.

Tjgdr tad tdrns co tadjdw sdttidndjt taht @srhdiBcrp gdthìdg `j h oì`jm tctad Wdi Hv`v stcbe dxbahjmd,brdg`tcrs ahvd hmrddg tc wr`tdcoo h ihrmd hncujt co gdkt`j dxbahjmd ocr dqu`ty, hjgpcstpcjd ichj nhtur`ty ghtds.

Wad prcpcshis stìi ahvd tckd hmrddg ky bcujtdrphrt`dskut, ò tady hrd hbbdptdg, @srhdiBcrp wìi sdd `ts sahrdacig`jmrdgubdg orcn 00.=% tc hkcut2;%.

V`n‐s gdkts wìi kd ncrdcr idss ahivdg tc $8.4kj, hjhncujt tacumat tc kd ncrdhpprcpr`htd ocr tad s`zd co tadbcnphjy.

@srhdi Bcrp, `j wa`ba RhnnyCodr‐s ycujmdr scj @ghj `s

tad nhfcr`ty sahrdacigdr, wìihisc prcv`gd V`n w`ta $;<<nco ordsa bhp`thi, hjg wh`vd$;;4n co gdodrrdg gdkts tahthrcsd wadj sa`p bahrtdr rhtdswdrd rdgubdg `j ;<<0.

Hbbcrg`jm tc Iicyg‐s I`st@jtdii`mdjbd ghth, @srhdi Bcrp`s tad cwjdr co 78 sa`psd`tadr `j sdrv`bd cr cj crgdrocr V`n. Tjgdr tad prcv`s`cjhihmrddndjt, sa`pcwjdrs tahthrd hisc `jtdrdstdg phrt`dswìi rdbd`vd bahrtdr rhtds tahthrd scnd $8,<<< h ghy kdicwrhtds tc kd ph`g tc tacsd tahthrd jct `jtdrdstdg phrt`ds.

Hs wdii hs @srhdi Bcrp‐scwjdrsa`p co vdssdis taht hrdbahrtdrdg tc `ts suks`g`hry,tadrd hrd s`x stìi rdm`stdrdg tcRhnny Codr Mrcup Ncjhbc,wa`ba `s kd`jm spi`t kdtwddjtad ihtd sa`pcwjdr‐s twc scjs.

Dyhi Codr, bah`rnhj co tadTE cpdrht`cj Vcg`hb Nhr`t`nd,`s jcw hisc pr`jb`phi cojdwiy-ocrndg Vcg`hb MrcupNcjhbc.

@ghj Codr `s jc icjmdrhsscb`htdg w`ta ta`s kus`jdss.A`s sa`pp`jm `jtdrdsts ahvdkddj trhjsodrrdg tc Dhstdrj\hbò`b Ra`pp`jm, R`jmhpcrd.

Hicjm w`ta Tg` Hjmdi, @ghjCodr hisc cwjs QW Mrcup,wa`ba ahs o`vd sa`ps cjbahrtdr tc V`n, ncst `j tad7,;4< tdu s`zd krhbedt.

Mdrnhj hjg Mrddesa`pcwjdrs tcc ahvd vdssdiscj bahrtdr tc V`n.

Wad ihrmdst `s tad 4,4;=tdu Hiidmcr`h, cwjdg ky \dtdrGÿaid. H ph`r co 4,<;= tduvdssdis hrd bahrtdrdg orcn

Drbe [`bendrs‐ bcnphjy D[Rbaòohart.

Bcjt` Acig`jms ahs twc7,1?< tdu sa`ps bahrtdrdg

tc tad @srhdi` i`jd,V`n RhjOrhjb`sbc hjg V`n Cjthr`c .

[`bendrs [ddgdrd` ahsbahrtdrdg cut tad 7,24< tduV`n Wdxhs . H ph`r co 7,22<tdu vdssdis cpdrhtdg ky V`nhrd cwjdg ky JRB Acig`jm.[ddgdrd` Bihus-\dtdr Coodjhisc ahs h vdssdi `j V`n‐s oiddt,tad ;,<?8 tdu Rhjth M`crm`jh .

Mrdde cwjdrs hrd hiscbhumat up `j tad rdstrubtur`jm,w`ta ocur 7,;4< tdu vdssdiscwjdg ky Ghjhcs, hjg V`n‐soiddt `jbiug`jm h Bcsthnhrdtr`c co 7,1<< tdu sa`ps.

Wad hmrddndjt phvds tadwhy ocr V`n tc rdturj tc tadsa`pyhrgs w`ta crgdrs ocrvdssdis `j tad 82,<<< tdu s`zdbhtdmcry.

Bcjth`jdr`sht`cj@jtdrjht`cjhi ujgdrsthjgs tahtsthedacigdrs ahvd tcig V`ntady suppcrt oiddt upmrhgdpihjs hjg rdbcmj`sd tad jddgtc hbqu`rd ncrd doo`b`djt sa`ps.

Wad @srhdi` i`jd whs hkid tcbhjbdi crgdrs ocr 8;,?<< tdu

sa`ps pihbdg w`ta RhnsujmAdhvy @jgustr`ds ht tad ad`matco tad nhredt wadj vdssdisco taht bhphb`ty bcst hrcujg

$8=<n.\r`bds ahvd s`jbd ohiidj kyscnd 7<%, hjg V`n‐s jdwsahrdacigdrs hrd dxpdbtdgtc m`vd tad mc-hadhg `j tadbcn`jm ncjtas ocr h ordsarcujg co crgdr`jm taht wìidjhkid tad bhrr`dr tc sthybcnpdt`t`vd.

Cjbd tad gdkt wr`td-gcwjgdhi ahs kddj s`mjdg coo, V`n`s dxpdbtdg tc pusa hadhgw`ta bcnndrb`hi gdvdicpndjtpihjs. Waht `jbiugds bicsdrbc-cpdrht`cj hmrddndjts w`tactadr mickhi bhrr`drs, hjg hocbus cj dxphjs`cj `j trhgdswadrd V`n oddis `t hirdhgy ahsh bcnpdt`t`vd dgmd, `jbiug`jmtad Kihbe Rdh hjg \hbò`bjcrta-wdst trhgds.

Dhri`dr pihjs tc spi`t V`n`jtc twc kus`jdssds, w`ta hjdvdjtuhi `j`t`hi puki`b coodr`jmocr tad `jtdrjht`cjhi hrn, ahvdkddj grcppdg, w`ta tad @srhdi`bhrr`dr tc kd edpt hs h s`jmiddjt`ty.

Fhjdt \crtdr

BH[[@D[R

V`n `s dxpdbtdg tc pusahadhg w`ta bcnndrb`higdvdicpndjt pihjs cjbdtad gdhi `s s`mjdg coo.



KCQ ]C[IG K[@DO@JM

2; BCJWH@JD[@RHW@CJ @JWD[[email protected]`jdrsa`pp`jm.bcn Fhjuhry/Odkruhry ;<87

Ncrd Hs`h-Durcpd shì`jms bhjbdiidgBNH BMN hjg `ts phrtjdrsahvd hjjcujbdg ordsa Hs`h-jcrta Durcpd bhjbdiiht`cjs `jOdkruhry, kr`jm`jm tad tcthibhphb`ty tc kd rdncvdg orcntad nhredt gur`jm tad ncjtatc ncrd tahj 82%.

Wad Ordjba bhrr`dr wìibhjbdi o`vd shì`jms gur`jmOdkruhry, hjt`b`pht`jm ’tadrdgubdg prcgubt`cj gur`jm

tad iujhr jdw ydhr pdr`cg`j Ba`jh sthrt`jm Odkruhry7„, hjg tc hgfust `ts coodr tc’nddt rdgubdg gdnhjg cjsdrv`bds cut co Ba`jh„.

Acwdvdr, `t pihjs tc`jbrdhsd tad junkdr co pcrtbhiis cj ctadr sdrv`bds tcnh`jth`j ’cpt`nun bcvdrhmd„gur`jm tad pdr`cg.

Wad sdrv`bds tc kdbhjbdiidg hrd h shì`jm cj

tad OHI 8 sdrv`bd, idhv`jm cjOdkruhry 45 twc shì`jms cjtad OHI = sdrv`bd, cjd idhv`jmcj Odkruhry 7 hjg hjctadr cjOdkruhry 885 cjd shì`jm cjtad OHI ; sdrv`bd, idhv`jm cj

Odkruhry 8;5 hjg cjd shì`jmcj tad OHI 2 sdrv`bd, idhv`jmcj Odkruhry 82.

BNH BMN coodrs sdvdjHs`h-jcrta Durcpd sdrv`bdshjg cjd sdrv`bd taht cpdrhtdsorcn Cbdhj`h tc jcrta Durcpdw`ta stcps `j Hs`h.

@t cpdrhtds tad OHI 8sdrv`bd w`ta Tj`tdg HrhkRa`pp`jm Bc hjg tad OHI ;sdrv`bd w`ta THRB hjg Ba`jhRa`pp`jm Bcjth`jdr I`jd. OHI2 `s `ts cwj cpdrht`cj hjg `ttheds sicts cj Ndg`tdrrhjdhjRa`pp`jm Bc‐s I`cj Dxprdsssdrv`bd ocr OHI =.

BNH BMN `s jct tad cjiybhrr`dr tc bhjbdi shì`jms `jOdkruhry.

Wad M? Hii`hjbd wìi vc`g htcthi co tardd shì`jms gur`jmtad ncjta hjg Nhdrse I`jd

wìi bhjbdi ocur shì`jms.Wad 8; shì`jm bhjbdiiht`cjshjjcujbdg sc ohr ky bhrr`drsrdprdsdjt 82.?% co tadtcthi hvdrhmd ncjtaiy vdssdibhphb`ty taht cpdrhtds cj

tad trhgd ihjd. Wadrd hrd hnhx`nun co 04 shì`jms tahtdjbcnphss tad trhgd ihjddhba ncjta.

Odkruhry `s cotdj tadsicwdst ncjta co tad ydhrocr bhrr`drs cpdrht`jm cj tadHs`h-jcrta Durcpd trhgd ihjd.

Bcjth`jdr Wrhgds Rtht`st`bso`murds sacw taht `j Odkruhry;<8;, 404,?1< tdu whstrhjspcrtdg cj tad trhgd ihjd.Waht `s ;<% icwdr tahj tadncjtaiy hvdrhmd ocr ;<82.

Wad sdrv`bd bhjbdiiht`cjsbcnd hs rdpcrts summdst tahttadrd `s h sacrthmd co bhphb`tycj tad trhgd ihjd hs sa`ppdrsrusa tc mdt bhrmc cut co Ba`jhkdocrd tad jdw ydhr ohbtcrybicsurds.

Bcjthbts ahvd rdpcrtdgtaht scnd sa`pp`jm i`jds

hrd bahrm`jm sa`ppdrs hjgocrwhrgdrs dxtrh odds tcmuhrhjtdd tad`r bhrmc `sichgdg, dvdj ò tady ahvdbcjtrhbts w`ta sa`pp`jm i`jds.

Wa`s `s jct w`tacut

prdbdgdjt. @j ;<8<, NhdrseI`jd ihujbadg `ts \r`cr`ty\rcgubt upmrhgd, wa`bahiicws bustcndrs tc phy dxtrhocr pr`cr`ty ichg`jm wadjsphbd `s t`mat.

Wad sdrv`bd bcnds w`tah ncjdy-khbe muhrhjtdd òbhrmc bhjjct kd ichgdg.

’Wad \r`cr`ty \rcgubtupmrhgd `s cjiy hvhìhkid ht

tad t`nd co kcce`jm hjg `sjct h rdpihbdndjt ocr ycurcrg`jhry bcjtrhbt,„ NhdrseI`jd sh`g.

’]adj ycu try tc kcce hsa`pndjt hjg o`jg taht wdhrd ujhkid tc hbbdpt ycurkcce`jm gud tc a`ma gdnhjg,ycu wìi jcw kd coodrdg tad\r`cr`ty \rcgubt upmrhgdcpt`cj.

’Rc wadj h kcce`jm

rdfdbt`cj cr h gdihydgsa`pndjt wcuig jcrnhiiy kdtad cjiy ctadr hitdrjht`vds,wd m`vd ycu h bac`bd tc ichgycur bhrmc.„

Ghn`hj Krdtt

BH[[@D[R

BRBI upmrhgds bcjth`jdr jdwkuìg`jmsBA@JH Ra`pp`jm Bcjth`jdrI`jds ahs upmrhgdg `ts o`vd81,7<< tdu jdwkuìg`jms htAyujgh` Adhvy @jgustr`dstc 80,<<< tdu, nhe`jm tadntad ihrmdst bcjth`jdrsa`ps `jtad wcrig, hbbcrg`jm tc tadsa`pkuìgdr.

AA@ sh`g `j h sthtdndjtht tad djg co Fhjuhry taht `tbcnndjbdg bcjstrubt`cj cotad o`rst `j tad sdr`ds co o`vdsa`ps `j Tishj, Rcuta Ecrdh,sbadguidg ocr gdi`vdry `jJcvdnkdr. Wad rdnh`j`jmocur wìi kd a`tt`jm tad whtdr

ky tad djg co tad o`rst quhrtdrjdxt ydhr.

BRBI `j Nhy ;<82hwhrgdg tad wcrig‐s k`mmdstsa`pkuìgdr h bcjtrhbt wcrta$?12n, cr $82?.?n pdrvdssdi, tad icwdst pr`bd ph`gtc ghtd ocr vdssdis `j tad81,<<< tdu+ rhjmd.

Wad gdhi, o`rst ujvdìdg`j h Iicyg‐s I`st `jtdrv`dww`ta tadj-BRBI bah`rnhj I`Rahcgd `j Hprì, bhnd ht tadshnd t`nd hs h s`nìhr crgdrky Tj`tdg Hrhk Ra`pp`jm Bctc ocrn hj Hs`h-Durcpd str`jm.

’Wad dxtrh bhphb`tybcnds w`ta i`ttid bcst, idsstahj $4<<,<<<, kut `t `s hjcpt`n`sht`cj taht bhj kdhba`dvdg r`mat hwhy hjgcoodrs mrdhtdr dbcjcny cosbhid,„ h Rahjmah`-khsdgBRBI dxdbut`vd sh`g. Rubahj dst`nhtd wcuig bhp tadjdwkuìg`jm pr`bd ht $82=n.

H spcedsnhj ht AA@sh`g tad bcnphjy ahg jctbcjgubtdg s`nìhr upmrhgdskdocrd hjg wcuig cjiyejcw tad dxhbt pr`bd cjbdbcjstrubt`cj `s o`j`sadg.

Wad sa`ps, ndhsur`jm7<< n `j idjmta, 41.? n `jw`gta hjg 2<.4 n `j ad`mat,wìi odhturd h ==,;<< kapdidbtrcj`bhiiy-bcjtrciidg nh`jdjm`jd hjg twc DbcKhiihstsdhwhtdr trdhtndjt systdns,tad sa`pkuìgdr sh`g.

Wad nh`j djm`jd wìinhx`n`sd oudi doo`b`djbyhjg rdgubd jc`sd, v`krht`cjshjg bhrkcj dn`ss`cjs kyhutcnht`bhiiy bcjtrcii`jm oudibcjsunpt`cj tc su`t shì`jmspddg hjg sdh bcjg`t`cjs sh`g.

F`jm Phjm



KCQ ]C[IG K[@DO@JM


BCJWH@JD[ vdssdis rdnh`jcj bcursd tc pium tad bcig-bah`j icm`st`bs mhp prdsdjtdgky h sar`je`jm oiddt cobcjvdjt`cjhi rddodrsa`ps.

Hjhiyst Gyjhnhr prdg`btstaht tad bcjvdjt`cjhirddodr oiddt wìi ncrd tahjahivd tc hrcujg 8<<n buot `j tdj ydhrs, hssun`jmjc suksthjt`hi jdw crgdrs,

dqu`vhidjt tc scnd 2;<bcjvdjt`cjhi rddodrsa`ps.

Kcxsa`ps bcjt`jud tcmrcw `j bhphb`ty, hs gcds tadjunkdr co `jsthiidg rddodrpiums cj kchrg tadn, waìdtad junkdr co rdor`mdrhtdgbcjth`jdrs `s hisc cj tad`jbrdhsd.

Gdsp`td h ;<82 ncrhtcrùncj jdw rdor`mdrhtdg kcxds

Kcxsa`ps tc pium rddodr mhpky Nhdrse I`jd, hj dst`nhtdg;<<,<<< rddodr tdu ahvd kddjnhjuohbturdg, shys Gyjhnhr.Wa`s puts tad tcthi rddodr oiddtht ;.2n tdu, dhba cjd nhe`jmh nhx`nun o`vd ouii vcyhmdspdr ydhr cj `jtdr-bcjt`jdjthii`jdr sdrv`bds.

]`ta jdhriy 0<<n bu ot,rddodr bcjth`jdr bhphb`tydxbddgs bcjvdjt`cjhi sphbd

ky h ohbtcr co ocur hjg h ahio.Gyjhnhr dst`nhtds taht

04n tcjjds co bhrmc whsbhrr`dg j jcj-rddodr bhphb`ty`j ;<82, cr ;.4% co tadwcrigw`gd sdhkcrjd trhgdco gry bhrmcds co hii e`jgs.@t dquhis hrcujg 87,1<<ihgdj bcjvdjt`cjhi rddodrsa`ps co hj hvdrhmd 4<<,<<<bu ot bhphb`ty, cr 2.8n ouiiy

ihgdj 7<ot a`ma bukd rddodrbcjth`jdrs.

Gyjhnhr sdj`cr hjhiystG`re _`ssdr sh`g6 ’@j ;<82 wdshw h prcn`s`jm sthrt ocr tadbcjvdjt`cjhi rddodr cpdrhtcrs6ouii sa`ps, a`ma rhtds.Dxprdssdg `j t`nd bahrtdrdqu`vhidjts pdr bu ot pdr ghy,ord`mat rhtds hncujtdg tc$<.=0 pdr bu ot ocr tad snhiidrvdssdi sdmndjt ht tad sthrt cotad ydhr.

’Wa`s ourtadr `jbrdhsdg tch (jcj-wd`matdg) hvdrhmd co$<.0< ocr tad o`rst ahio, tada`madst idvdi s`jbd ;<<1.@j hgg`t`cj, tady djfcydga`madr rhtds ocr tad i`n`tdgrddodr kcxds tad`r sa`ps bhjhbbcnncghtd tahjes tc NhdrseI`jd‐s j`t`ht`vd tc jbrdhsds

rddodr bcjth`jdr ord`mat rhtds ky$8,4<< hbrcss tad kchrg.„

Wad bcjvdjt`cjhi sdbtcrahs bcjt`judg ics`jm bhrmctc bcjth`jdrs. R`jbd ;<8;,tad junkdr co kcxsa`pscpdrht`jm cj tad rddodr-wd`matdg scuta-jcrta rcutdsahs `jbrdhsdg ky 7? uj`ts tcjdhriy =1< vdssdis w`ta hjhvdrhmd bhphb`ty ocr 7,8<<

tdu, up orcn 2,1<< tdu.Hii tad kcxsa`ps bcnk`jdg

cj hii rcutds coodr sphbd ocr772,<<< tdu hjg ?;,<<<piums pdr wdde. @j hii,tad bhrry`jm bhphb`ty mhpkdtwddj tad bcjvdjt`cjhirdor`mdrhtdg oiddt hjg tadrddodr bcjth`jdr bcjt`juds tcw`gdj, shys Gyjhnhr.

[cmdr Ahìdy

H \[CN@JDJW sa`ppdr mrcup`s urm`jm tad DurcpdhjBcnn`ss`cj tc stcp trdht`jmsa`pp`jm hs h spdb`hi bhsd hsohr hs bcnpdt`t`cj ruids hrdbcjbdrjdg.

Wad Mickhi Ra`ppdrs‐Ocrun, wa`ba rdprdsdjtsbhrmc `jtdrdsts hrcujg tadwcrig, ahs bcnd cut `jsuppcrt co h rdpdhi co tadkicbe dxdnpt`cj burrdjtiymrhjtdg tc i`jdr sa`pp`jmbcjscrt`h.

Bcjscrt`h [dmuiht`cjJc 0<?/;<<0 dxp`rds `jHprì ;<84, hjg Krussdis`s bcjs`gdr`jm wadtadr tcrdjdw `t cr idt tad `jgustry kdtrdhtdg `j tad shnd why hsctadr sdbtcrs.

Ra`ppdrs bhii ocr hj djg tc DT bcjscrt`h ruidsHt prdsdjt, h sa`pp`jm

i`jd bcjscrtùn ahs hkicbe dxdnpt`cj orcn DTbcnpdt`t`cj ihws ò `ts nhredtsahrd `s kdicw 2<%. H ihrmdrhii`hjbd `s jct jdbdsshrìyujihwoui, kut ndnkdrs nustbcjgubt h sdio-hssdssndjt tcdjsurd tadrd `s jc hkusd co`ts gcn`jhjt pcs`t`cj.

Kcta tad pihjjdg \2Jdtwcre kdtwddj tad tarddihrmdst bcjth`jdr i`jds `j tadwcrig hjg tad dxphjgdg M?hii`hjbd wcuig dxbddg tad2<% i`n`t cj edy trhgd ihjds.

Rcnd ihwydrs, wac hrmudtaht tad ruids sacuig kdrdjdwdg, hisc whjt ta`stardsacig tc kd rh`sdg tckr`jm `t `jtc i`jd w`ta ctadr

fur`sg`bt`cjs wadrd up tc4<% nhy kd pdrn`ttdg.

Bcjscrt`h hrd bc-cpdrht`cjhrrhjmdndjts kdtwddjsa`pp`jm i`jds, suba hsvdssdi-sahr`jm hmrddndjts,taht but bcsts hjg `nprcvdcpdrht`jm doo`b`djb`ds.Acwdvdr, ndnkdrs bcjt`judtc bcnpdtd cj pr`bd.

Krussdis ohvcurs ta`stypd co bciihkcrht`cj, kut `swcre`jm tcwhrgs h s`tuht`cjwadrd hii `jgustr`ds hrdtrdhtdg tad shnd.

Wad MRO ahs sh`g taht `tohvcurs tad bcnn`ss`cj‐smdjdrhi pci`by cordpdhi`jm sdbtcrhi kicbedxdnpt`cj rdmuiht`cjs. @tsrdbcnndjght`cj whs ndhjt

’tc djsurd taht tadrd wìi jcicjmdr kd hjy spdb`hi trdhtndjtco tad nhr`t`nd sdbtcr ujgdrDT bcnpdt`t`cj ihw„, tad mrcupsh`g `j h sthtdndjt.

MRO sdbrdthry- mdjdrhiBar`s ]disa sh`g6 ’Hs `t `sjcw wdii dsthki`sadg wahttad hbbdpthkid phrhndtdrsco bcjscrt`h hmrddndjtssacuig kd, tadrd `s jc icjmdrhjy ckv`cus jddg ocr h kicbedxdnpt`cj rdmuiht`cj ‑shodahrkcur‐ hs sdio-hssdssndjt `squ`td suoo`b`djt ocr sthjghrgbcjscrt`h hmrddndjts.„

Wad MRO sh`g tad ndr`tsco sthjghrg bcjscrt`hhmrddndjts stìi dx`st `j tadhksdjbd co hjy KD[.

Fhjdt \crtdr

[DMTIHW@CJ

RA@\\D[




27 BCJWH@JD[@RHW@CJ @JWD[JHW@CJHI www.bcjth`jdrsa`pp`jm.bcn Fhjuhry/Odkruhry ;<87

XTDRW@CJ nhres bcjt`jud tc ahjm cvdrtad \2 Jdtwcre hs rdmuihtcrs `j Durcpd,tad TR hjg Ba`jh thed h bicsd icce httad prcpcsdg t`d-up co Nhdrse I`jd,Ndg`tdrrhjdhj Ra`pp`jm Bc hjg BNHBMN cj tad Hs`h-Durcpd, trhjsphbò`b hjgtrhjshtihjt`b trhgd ihjds.

]aìd rdmuihtcrs sbrut`j`sd tadhii`hjbd, ihwydrs hrd wcre`jm kda`jg tadsbdjds tc djsurd tad jdtwcre `s cr `sj‐t`npidndjtdg, gdpdjg`jm cj wacn tad`rbi`djts hrd.

Cjd ihw o`rn taht ahs thedj h bicsdicce ht tad jdtwcre, hjg waht stdpstad ndnkdr sa`pp`jm i`jds sacuig thed

tc djsurd `t `s m`vdj tad mc-hadhg kyrdmuihtcrs, `s NbMu`rd ]ccgs.

NbMu`rd ]ccgs phrtjdr hjg spdb`hi`st`j Durcpdhj bcnpdt`t`cj ihw Nhttadw

Ahii shys ad dxpdbts tad jdtwcre tc kdhpprcvdg ky Krussdis, hitacuma ad shys`t nhy jct kd hs strh`matocrwhrg hs tadbhrr`drs hrd acp`jm.

Krussdis-khsdg Nr Ahii shys tahtwadj dxhn`j`jm wadtadr hj hii`hjbd crphrtjdrsa`p wìi kd hjt`-bcnpdt`t`vd, `t `so`rst jdbdsshry tc dsthki`sa wadtadr `t wìikd bcvdrdg ky tad Durcpdhj Bcnn`ss`cj‐skicbe dxdnpt`cj ocr i`jdr sa`pp`jmbcjscrt`h.

@j tad bhsd co tad \2 Jdtwcre, `ts nhredtsahrd hppdhrs sdt tc dxbddg tad 2<%tardsacig i`n`t sdt cut `j tad rdmuiht`cj.

\hss`jm cj tad kdjdo`tsAcwdvdr, Nr Ahii shys ta`s gcds jcthutcnht`bhiiy ndhj taht tad \2 wìi kdkhjjdg ky Krussdis.

Ad dxpih`js taht ò tad sa`pp`jm i`jds bhjsacw taht tad cvdrhii doo`b`djb`ds tady wìimh`j orcn tad \2 Jdtwcre wìi kd phssdgcj tc bustcndrs, tady bcuig kd m`vdj hjdxdnpt`cj.

Ad dxpih`js6 ’@o ycu hrd icce`jm htbc-crg`jht`cj co t`ndthkids, sphbd hjgvdssdi pcci`jm, sacrt co pr`bd o`x`jm, ò ycuhrd kdicw 2<% ycu mdt hj hutcnht`bdxdnpt`cj.

’@o hj hii`hjbd `s hkcvd 2<%, tadndnkdrs jddg tc thed tad`r cwj v`dw cjò `t prcgubds djcuma doo`b`djb`ds tc mdthrcujg tad hjt`-bcnpdt`t`vd s`gd co `t, crbcujtdrkhihjbd tad hjt`-bcnpdt`t`vd s`gd

co `t.’Icce`jm ht wadtadr `t wcuig kd su`thkid

ocr hj dxdnpt`cj, tad edy `s mc`jm tc kd — hphrt orcn gdhi`jm w ta tacsd ta`jms

Nhttadw Ahii pc`jts cut taht ò tad i`jds bhjsacw taht tad cvdrhii mh`j orcn tad \2 Jdtwcrewìi kd phssdg cj tc bustcndrs, tady bcuig kdm`vdj hj dxdnpt`cj.

Bcnpdt t cj ihw spdb`hi st shys ad kdi dvds \2 Jdtwcre w ii kd hpprcvdg jDurcpd, kut bhrr`drs nhy ahvd tc nhed hgfustndjts, wr tds Ghn`hj Krdtt.

W@ND WC BCN\[CN@RD3

HJHIPR@R /\2 JDW]C[E

BH[[@D[R





Dhriy k`rg rhtd djgs ;1 Odkruhry ‒Kcce ycur pihbd tcghy

Djmhmd w`ta Hs`h‐s trhjspcrt icm`st`bs idhgdrs,mdjdrhtd jdw kus`jdss `gdhs hjg prdphrd ocr tad

outurd co bcjth`jdr sa`pp`jm

A A A A A

Wacnhs [`kdr EjugsdjBa`do Dxdbut`vd Hs`h\hb` b [dm`cj,Nhdrse I`jd

Bar`st`hj KrhtaAdhg co CbdhjWrhjspcrt \rcburdndjt‒ Hs`h, Jdstid

Fcybd Ki`deG`rdbtcr Bcjth`jdrs& Krdhekuie, \crt co[cttdrghn Hutacr`ty

Whj Auh FccDxdbut`vd Bcjsuithjt,Hipahi`jdr

Cur dxpdrt spdhedrs jbiugd

Ruppcrtdg ky Dvdj`jm [dbdpt`cj RpcjscrMickhi \crt \hrtjdr Rpcjscrs Ndg`h \hrtjdr

1-0 Hprì ;<87Nhr`jh Khy Rhjgs Actdi

R jmhpcrd

www.tcbdvdjts-hs`h.bcn/tcb

@j bcjfujbt`cj w`ta

BRB Bcjodrdjbd WDBA WCB Bcjodrdjbd Dxa`k`t Hrdh \crt Wcur Jdtwcre`jm




hrcujg tad dgmd ièd hbbdss tc pcrts hjgtdrn`jhis hjg taht e`jg co ta`jm — ahv`jmtc prcvd taht tadsd kdjdo`ts hrd mc`jm tckd phssdg cj.

’Waht ndhjs ahv`jm tc sacw taht tadbcnpdt`t`cj s cut tadrd cr ocr scnd ctadrrdhscj taht tady hrd mc`jm tc phss cj tadsdhiidmdg bcst shv`jms hjg doo`b`djb`ds.

’Wadj ycu mdt jtc wac tad`rbcnpdt`tcrs hrd hjg hrd tady strcjmdjcuma tc ocrbd tad \2 bhrr`drs tc phss cjtacsd shv`jms.„

Nr Ahii shys taht tad vdry strubturd cotad jdtwcre bcuig bhusd scnd bcjbdrjhrcujg pr`b`jm. Ad dxpih`js ahv`jm hsahrdg bcst khsd bcuig pctdjt`hiiy m`vdr`sd tc scnd pr`b`jm s`nìhr`t`ds.

\hrt`ds bhnph`mj`jm hmh`jst tad jdtwcreahvd hirdhgy kdmuj tc summdst taht taddoo`b`djb ds tad i`jds wìi mh`j wìi jct kdphssdg cjtc sa`ppdrs.

@j Gdbdnkdr, tad Mdrnhj Ra`ppdrBcujbì (GR_E) sh`g waìd tad doo`b`djb`dstaht tad \2 Jdtwcre wìi brdhtd wìi j`t`hiiykd phssdg cj, `j tad icjm tdrn `t wìi ocrbdsnhiidr pihydrs cut co tad nhredt, idhg`jmtc gdbrdhsdg bcnpdt`t`cj hjg a`madrord`mat rhtds.

’Whe`jm h icjm-tdrn v`dw, tad nhredt

pcwdr brdhtdg ky tad \2 bhj uit`nhtdiyidhg tc gdtdr`crht`cj j quhi`ty hjgsdrv`bd,„ GR_E sh`g.

Cjd hrdh taht Nr Ahii oddis tad \2bhrr`drs wìi jddg tc phy dspdb`hiiy bicsdhttdjt`cj tc s hbbdss tc tdrn`jhis.

Ad oddis taht hjyta`jm taht nhy hppdhrtc rdstr`bt ctadr bhrr`drs orcn hbbdss`jmtdrn`jhis cpdrhtdg ky d`tadr Nhdrse I`jd,NRB cr BNH BMN wìi bcnd ujgdr bicsdsbrut`jy orcn rdmuihtcrs.

Hjctadr hrdh taht nhy hisc kd dxhn`jdg`s tad sahr`jm co bcjo`gdjt`hi jocrnht`cjkdtwddj tad phrt`ds.

M? Hii`hjbd rdspcjsdRacrtiy hotdr tad \2 Jdtwcre‐shjjcujbdndjt, tad M? Hii`hjbdhjjcujbdg taht t wcuig dxphjg tsbcvdrhmd tc tad trhjshtihjt`b hjg Hs`h-trhjsphbò`b wdst bchst trhgd ihjd.

Nr Ahii shys ta`s hjjcujbdndjt s kctamccg hjg khg jdws ocr tad \2 Jdtwcre.

’Wad M? Hii`hjbd‐s gdb`s`cj tc dxphjgbcuig kd adipoui ocr tad \2 hs tady bhj

shy tadrd ahs hirdhgy kddj h rdhbt`cj`j tad nhredt taht s mc`jm tc jbrdhsdbcnpdt`t`vd prdssurd hjg tadrdocrdtady bhj hrmud tady hrd mc`jm tc ahvd tc

dxbddg 1<% cj tad trhjshtihjt`b trhgd,hs t ahs kddj dst`nhtdg, ta`s bcuig kd hbhusd ocr bcjbdrj.

’@o ycu hrd icce`jm ht h nhredt sahrd cotaht idvdi kdtwddj tad twc co tadn, @ bhjsdd taht bhus`jm prckidns.

’Pcu hrd mdtt`jm tcwhrgs qu`td hbcjsci`ghtdg nhredt tadrd hjg tad r`se staht t‐s adhg`jm tcwhrgs h gucpciy.

’Wady nhy jct bc-cpdrhtd cj pr`bd,kdbhusd `j tadcry dhba phrty w`ta`j tadrdspdbt`vd bcjscrt`h wìi kd bcjt`ju`jm tcbcnpdtd cj pr`bd, kut `t wcuig kd dhsyocr tad twc k`mmdst pihydrs tc w`taacigbhphb`ty cr sahrd pc`jt-tc-pc`jt rcutds, jctdxpi`b`tiy, kut t s h ict dhs`dr ocr twc phrt`dstc rdhba npi`dg hmrddndjt tahj o tadrd

hrd h junkdr co phrt`ds j tad nhredt.’Rc tady hrd mc`jm tc ahvd tc sacw —

`jgddg tad M? hs wdii — taht ta`s wcuigj‐tahppdj kdbhusd tadrd hrd ctadr snhiidrphrt`ds cut tadrd taht wcuig kd j`pp`jm httad`r addis cr taht tadrd hrd ctadr phrt`dstaht bcuig djtdr tad nhredt.„

Bcnprcn`sd sciut`cjDvdj o tad tad Durcpdhj Bcnn`ss`cj gcdsv`dw scnd hspdbts co tad \2 Jdtwcre hshjt`-bcnpdt`t vd, ta`s gcdsj‐t ndhj taht t

wìi khj tad phrtjdrsa`p bcnpidtdiy.Nr Ahii shys rdmuihtcrs ahvd tad cpt`cj

co rdqudst`jm bdrth`j bahjmds hrd nhgd tctad hii`hjbd o t s tc mc-hadhg.

Wadsd bahjmds bcuig kd oh`riy n`jcr — `jtrcgub jm jdw ndhsurds tc djsurd`jocrnht`cj `s edpt bcjo`gdjt`hi — cr bcuigkd nhfcr, ocr `jsthjbd shy`jm tad hii`hjbdbcuig mc-hadhg w`ta twc ndnkdrs, kut jcthii tardd, cr taht t bhj kd npidndjtdg cjtad Hs`h-Durcpd trhgd ihjd kut jct cj tadtrhjshtihjt`b kdbhusd co ts nhredt sahrd.

’Wad Durcpdhj Bcnn`ss`cj bcuigrdqu`rd ncgò`bht cjs,„ Nr Ahii shys.’Acwdvdr, `t `s ny `jst`jbt taht `t wìi jctkicbe tad wacid phrtjdrsa`p bcnpidtdiy.

’Waht wcuig kd ny jst`jbt, rdmhrgidssco tad M?. Wadrd hrd ckv`cusiy scnd`ssuds cut tadrd, kut ny jst`jbt wcuig kdtaht `j ta`s e`jg co h nhredt, wadrd tadrdsddns tc kd h bidhr jddg ocr scnd e`jgco bcjsci`ght`cj hjg rht`cjhi`sht`cj, tahttad \2 Jdtwcre wìi uit`nhtdiy kd cehy,pcss`kiy w`ta scnd o`ggi`jm hrcujg taddgmds.

’Kut tadrd sddns tc kd h ict cut tadrdocr pdcpid tc usd hs hnnuj`t`cj hmh`jst`t hjg tacsd hrd tad e`jgs co ta`jms tadndnkdrs sacuig kd ocbus`jm cj.„

phss cj tad kdjdo`ts tady mh`j tc tad`rbustcndrs,„ ad shys.

Acwdvdr, ad hggs taht ò tad twchii`hjbds‐ bcnk`jdg nhredt sahrd gcds

HJHIPR@R /\2 JDW]C[E

BH[[@D[R

Fujd 81 ;<82Nhdrse I`jd, Ndg`tdrrhjdhjRa`pp`jm Bc hjg BNH BMN rdvdhipihjs tc dsthki`sa wcrig‐s ihrmdstsa`pp`jm i`jd hii`hjbd, bcvdr`jm tadHs`h-Durcpd, trhjsphb` b hjgtrhjshtihjt`b trhgd ihjds.

Rdptdnkdr 7 ;<82Rdj`cr Nhdrse I`jd dxdbut`vd IhrsNèhdi Fdjsdj s rdvdhidg hs ba`dodxdbut`vd co tad \2 ddt cpdrht`cjsbdjtrd taht wìi kd sdt up `j Icjgcj.

Cbtckdr 8= ;<82Wad \2 bhrr`drs ujvdì tad adhgi`jdgdthìs co tad`r prcpcsdg jdtwcrehjg rdvdhi tady hrd wcre`jm tcwhrgsh ihujba gur`jm tad sdbcjg quhrtdrco ;<87.

Cbtckdr ;7 ;<82Wad \2 vdssdi sahr`jm hmrddndjt s

idg w`ta tad TR Odgdrhi Nhr`t`ndBcnn`ss`cj hjg nhgd puki`b.

Jcvdnkdr ;< ;<82Wad ONB rdvdhis taht `t ahs ndtsdj`cr dxdbut`vds orcn tad tardd\2 i`jds hjg dxtdjgs tad gdhgi`jdocr puki`b bcnndjt cj tad prcpcsdgt`d-up ujtì tad djg co Jcvdnkdr.

Gdbdnkdr 2 ;<82Wad M? Hii`hjbd hjjcujbds `t wìidxphjg tc tad trhjsphb` b wdstbchst hjg trhjshtihjt`b trhgd ihjdstc nhtba tad bcvdrhmd co tad\2 Jdtwcre.

Gdbdnkdr 4 ;<82Durcpdhj Bcnn`ss`cj rdvdhis taht`t ahs kddj `j bcjthbt w`ta tad \2bhrr`drs hjg s ’mhtadr`jm nhredt`jocrnht`cj„.

Gdbdnkdr ? ;<82Wad ONB gdihys tad d dbt`vd ghtd cotad \2 hmrddndjt `j tad TR fust twcghys kdocrd `t whs sdt tc mc-i`vd kyrdqudst`jm dxtrh jocrnht`cj orcntad ndnkdr i`jds.

Gdbdnkdr 8= ;<82Wad ONB nddt`jm kdtwddj rdmuihtcrs

orcn tad TR, Durcpd hjg Ba`jh thedspihbd tc g`sbuss hii`hjbds. Cb`hiscuti`jd tad`r vhr`cus rdmuihtcryorhndwcres hjg tad d dbts co bhrr`drbc-cpdrht`cj cj jtdrjht`cjhi trhgd.

\2 JDW]C[EW@NDI@JD CO D_DJWR



WAD _@D] O[CN WAD


@W @R pdrahps ujoh`r taht tad Ndg`tdrrhjdhj`s iunpdg tcmdtadr hs h s`jmid hrdh. @o ycu`jbiugd tad Kihbe Rdh, t s tad pc`jt wadrdtad N`ggid Dhst, Jcrta Hor`bh, wdstdrjDurcpd, dhstdrj Durcpd hjg [uss`h nddt.

Wadrdocrd, `t `s ahrgiy surpr`s`jm tahtpdrocrnhjbd w`ta`j tad Ndg`tdrrhjdhjvhr`ds grhst`bhiiy, w`ta dhba bcujtryhoodbtdg ky tad ssuds ht wcre w`ta`j tadrdm`cjs tc wa`ba tady kdicjm.

Wad bcjth`jdr vciund o`murds rdidhsdgdhba ncjta ky Bcjth`jdr Wrhgds Rtht`st`bs

hrd h tdsthndjt tc ta`s. Hitacuma hiirdm`cjs shw mrcwta j ;<82 bcnphrdgw`ta ;<8;, ta`s nhses tad ohbt tahtbcnphrdg w`ta ;<88, nhjy bcujtr`ds shwgdbi`jds. Ocr dxhnpid, vciunds orcn Hs`htc tad wdstdrj Ndg`tdrrhjdhj hjg JcrtaHor`bh j tad o`rst 8< ncjtas co ;<82 wdrdgcwj 87% cj tad shnd pdr`cg j ;<88.

@j bcjtrhst, vciunds orcn Hs`h tc taddhstdrj Ndg`tdrrhjdhj gur`jm tad o`rst tdjncjtas co ;<82 wdrd 2.7% hadhg co tad;<88 idvdi.

Gdvdicpndjts w ta j tad bcjth jdrsa`pp jm jgustry hisc hgg tc tad n`x, nhe jmtad rdm`cj gyjhn`b hjg gòo`buit tc prdg`bt.

Cjd bcjth jdr sa`pp jm i jd cpdrht jm jta`s nhdistrcn co bahjmd `s Wure`sa bhrr`drHrehs I jd, wa`ba `s cwjdg ky Hrehs Acig jm.

Hs wdii hs cwj`jm tad sa`pp`jm i`jd,Hrehs Acig`jm hisc cpdrhtds Nhrpcrt Nh`jWdrn`jhi hjg Nhrpcrt ]dst Wdrn`jhi,hjg cwjs oddgdr cpdrhtcr DNDR, sdvdrhisa`pp`jm hmdjb`ds hjg vhr`cus icm`st`bssdrv`bd prcv`gdrs.

Bhsbhg`jm cppcrtuj`t dsHrehs Acig`jm bah`rnhj Iub`dj Hrehshgn`ts taht t`nds hrd tcuma j tadNdg`tdrrhjdhj. @j ohbt, ad shys ta`s s tad

icjmdst pdr`cg co gòo`buity taht ad ahsejcwj gur`jm a`s 4< ydhrs `j tad `jgustry.

Wad prckidns hrd ihrmdiy brdhtdg ky tccnhjy sa`ps hjg wdhedr bhrmc mrcwta — hprckidn rdpdhtdg tad wcrig cvdr. Hs h rdsuit,bhrr`drs jct trhg t cjhiiy hsscb`htdg w ta tadNdg tdrrhjdhj hrd dxphjg jm sdrv`bds j tadrdm`cj j crgdr tc usd up sphrd bhphb ty.

Cotdj tad mickhi cpdrhtcrs usd ihrmdrsa`ps, wa`ba coodr kdttdr dbcjcn`ds cosbhid tahj tad snhiidr sa`ps.

Kut Nr Hrehs shys taht tadrd hrd stìi

cppcrtuj`t`ds. Ad hisc ta`jes nhjy co tadihrmdr cpdrhtcrs n`sujgdrsthjg tad nhredthjg bhj‐t coodr tad dxpdrt`sd co rdm`cjhicpdrhtcrs.

’Nhjy co tad nh`j sa`pp`jm i`jds, hphrtorcn pdrahps Ndg`tdrrhjdhj Ra`pp`jmBc hjg BNH BMN, bcjousd jtrh-Hs`h hjg`jtrh-Ndg`tdrrhjdhj.

’@t‐s jct tad shnd ta`jm kdbhusd tadrdhrdj‐t hs nhjy bcujtr`ds cr hs nhjy pdcpidhjg tad g`sthjbd kdtwddj bcujtr`ds `j tadNdg`tdrrhjdhj s nuba idss.

’@j jtrh-Hs`h ycu ahvd nuba icjmdrg`sthjbds hjg ncrd vciunds. Pcu bhj‐tbcnphrd tad trhoo`b kdtwddj Wuredy hjgRph`j w`ta Fhphj hjg Ba`jh. @t‐s jct tadshnd stcry.

’Wady Utad mickhi bhrr`drs^ hrd brdht`jm

g`scrgdr j tad Ndg`tdrrhjdhj kut tadygcj‐t ejcw waht tady hrd gc`jm. Wady hrdhii try`jm tc o`jg hjy kcx hjywadrd.„

Acwdvdr, tad ihrmdr vdssdi s`zds kd jmusdg ky tad ihrmdr sa`pp jm i jds hrd hiscbrdht jm cppcrtuj t ds ocr rdm`cjhi cpdrhtcrs.Cjd dxhnpid `s tad Kihbe Rdh wadrd tad usdco trhjsa`pndjt `s cj tad jbrdhsd.

’@j tad phst tady ahg sa`ps co ;,4<< tdu-7,<<< tdu bcn`jm g`rdbtiy orcn tad Ohr Dhsttc Terh`jd, [cnhj`h hjg [uss`h,„ Nr Hrehsshys.

’Kut jcw, ky jbrdhs`jm tad s`zd tcsdvdrhi tacushjg tdu, tady hrd tcc k`mocr tadsd snhii pcrts. Wadj, tady usdg tctrhjsa`p j [cnhj`h, kut jcw dvdj [cnhj`h`s cut co s`zd sc tady n`mat trhjsa`p `j curtdrn`jhi j Nhrpcrt wadrd wd bhj thed tad8<,<<< tdu-8;,<<< tdu sa`ps.„

Tps hjg gcwjsWad Kihbe Rdh hbts hs h n`brcbcsn co tadw`gdr Ndg`tdrrhjdhj, w`ta tad ocrtujds codhba bcujtry vhry`jm mrdhtiy.

Cjd bcujtry taht s dxpdr`djb`jm mrcwta

`s [uss`h, shys Nr Hrehs, wadrd bcjth`jdrstrhg`t`cjhiiy trhjspcrtdg tc tad jcrta hjgtadj trhjspcrtdg scuta hrd sw`tba`jm tctad Kihbe Rdh.

Ndg tdrrhjdhj cpdrhtcrs hrd ohb jm up tc tadbahiidjmd co wdhedr vciund mrcwta hjg vdssdibhsbhg jm, wr tds Ghn`hj Krdtt.

K[DHG OC[D_D[PKCGP

NDG@WD[[HJDHJ C\D[HWC[R /H[EHR

BH[[@D[R

Hrehs6 ’@t‐skddj gòo`buits`jbd ;<<1 kutwd hrd gc`jmcehy hjg wdhrd mc`jm tci`vd hjctadrydhr cr twcièd ta`s.„




Nr Hrehs dxpih`js taht up ujtì rdbdjtiytad vhst nhfcr`ty co Hs`hj trhoo`b gdst`jdgocr scuta [uss`h wcuig kd trhjspcrtdgg`rdbtiy tc Rt \dtdrskurm.

Kut Hrehs, hjg ctadr sa`pp`jm i`jds, hrdjcw try`jm tc rd-rcutd ta`s trhoo`b tarcuma

tad Kihbe Rdh tc rdgubd tad g`sthjbdtrhvdiidg hjg tadrdocrd cvdrhii bcsts.

Ht prdsdjt, mrcwta s kd jm adig khbe ky hjddg ocr ncgdrj sht cj co pcrt ohb i t ds kuttadrd hrd pihjs tc upmrhgd [uss`h‐s ihrmdstkcx tdrn jhi cj tad Kihbe Rdh, Jcvcrcss`yse.

Wad pihjs w ii sdd Jcvcrcss`yseBcnndrb`hi Rdh \crt Mrcup‐s suks`g`hry,Jcvcrcsidsdxpcrt, `jbrdhsd ts hjjuhibcjth`jdr tdrn`jhi bhphb`ty tc =<<,<<< tdu.

Wad prcfdbt `s pihjjdg tc kd bcnpidtdgky Fujd ;<84 hjg wìi sdd kdrtas grdgmdghjg tad purbahsd co hgg`t`cjhi stcrhmddqu`pndjt, h ta`rg sa`p-tc-sacrd brhjd hjgtwc nckìd brhjds.

[uss`h‐s idhg`jm kcx tdrn`jhi cpdrhtcrMickhi \crts `s hisc eddj tc ahvd h ohbì`tycj tad Kihbe Rdh hjg bcuig `jvdst.

Ncv jm tc ctadr bcujtr ds cj tad KihbeRdh, Nr Hrehs shys Terh jd‐s pctdjt hi s cjacig wa id tad bcujtry gdb`gds wadtadr tmrcws bicsdr tc tad Durcpdhj Tj cj cr [uss h,vciunds tc [cnhj h hrd gc jm wdii s jbd t fc jdg tad DT hjg vciunds tc Kuimhr h hrdhisc jbrdhs jm, hitacuma orcn h icw khsd.

Nr Hrehs shys \ct` `j Mdcrm`h `shisc dxpdr`djb`jm mrcwta ky hbt`jm htacrcumaohrd ocr bhrmc dxpcrtdg orcn @rhjhbrcss tad Bhsp`hj Rdh tc B@R bcujtr`ds.

wcuig bcnpdjshtd ocr `t `j tad Hor`bhjtrhgds, @jg`hj trhgds, Rcuta Hndr`bhjtrhgds dtb.

’Kut wadj ycu put hii tad sa`ps `j hiitad nhredts ycu brdhtd cvdrbhphb`tydvdrywadrd hjg tadj wadrd hrd ycu mc`jmtc nhed ncjdy3

’Kut tady ahvd tc o ii up tad k`m sa`ps o`rst,sc idt‐s acpd tady o ii tadn up cjd ghy dhri drsc tady bhj rdihx hjg wd bhj ahvd pdhbd.„

Nr Hrehs pc`jts cut taht tad tcumanhredt bcjg`t`cjs wìi ahvd ihstdg d`matydhrs ò, hs ad dxpdbts, tad s`tuht`cj gcdsjct `nprcvd kdocrd ;<8?.

’]d ahvd tc i`vd w`ta `t. @t‐s kddjgòo`buit s`jbd ;<<1 kut wd hrd gc`jm cehyhjg wd hrd mc`jm tc i`vd hjctadr ydhr cr

twc ièd ta`s. @ gcj‐t sdd ta`jms mdtt`jm hjykdttdr `j tad jdxt twc ydhrs,„ ad shys.

Hor`bhj hgvdjturdRc w`ta tad cvdrhii Ndg`tdrrhjdhj nhredtmrcw`jm, kut ky wdhedr idvdis tahj `j tadphst hjg ujgdrn`jdg ky ihrmdr sa`ps kd`jmbhsbhgdg, acw wìi Hrehs I`jd bcjt`judtc dxphjg `j tad outurd3 Nr Hrehs shysad sdds icts co cppcrtuj`t`ds `j wdstdrjHor`bh.

’@ ta`je tad jdw bcjt`jdjt tc kd

g`sbcvdrdg `s Hor`bh. Dvdj Wuredy `s h vdryhbt`vd dxpcrtdr tc wdstdrj Hor`bh jcw.„

Wc bhp`thi`sd cj tad mrcwta, Hrehs I`jdihst ydhr ihujbadg `ts sdbcjg sdrv`bd orcntad Ndg`tdrrhjdhj tc ]dst Hor`bh.

Wad tw`bd ncjtaiy sdrv`bd `s cpdrhtdg `jbcjfujbt`cj w`ta Nhrmu`sh I`jd, hjg BNHBMN, wa`ba rdbdjtiy fc`jdg.

Wad sdrv`bd bcjjdbts Himdb`rhs hjgWhjm`dr tc Khth, Nhihkc, Wdnh hjg Ihmcs.

Kut w`ta wdstdrj Hor`bhj vciundsmrcw`jm qu`beiy, `sj‐t `t cjiy h nhttdr cot`nd ujtì ncrd ihrmdr cpdrhtcrs djtdr tadnhredt tc try hjg bhp`thi`sd3

Nr Hrehs pc`jts cut taht Nhdrse I`jdrdbdjtiy rd-gdi`vdrdg tardd co tad o`vdsa`ps Hrehs I`jd ahg cj bahrtdr tc tadGhj`sa bhrr`dr hs `t whjtdg tc upmrhgdvdssdi s`zds cj `ts ]dst Hor`bhj sdrv`bdsorcn 8,?<< tdu tc 7,4<< tdu.

Wadsd vdssdis hrd jcw kd`jm usdg cj]dst Hor`bh sdrv`bds ky Hrehs I`jd.

’Hor`bhj bcujtr`ds hrd kuìg`jm jdwtdrn`jhis hjg prcmrdss`jm, kut ycu ahvdtc kd tadrd. @j o`vd ydhrs‐ t`nd tad k`m kcys

wìi hisc kd tadrd. Kut o`jd, w`ta 7,4<< tdutady bhj‐t mc dvdrywadrd `j ]dst Hor`bh.Rc wd mc wadrd wd bhj. Wadrd `s krdhg ocrdvdrykcgy,„ ad shys.

Rw`tba`jm tc Jcrta Hor`bh, tad s`tuht`cj`s bidhriy gòo`buit hs bcujtr`ds bcjt`jud tcstrummid w`ta Hrhk Rpr`jm rdihtdg trcukids.

Nr Hrehs shys taht Dmypt`hj vciunds hrd’cehy„, I`kyhj vciunds hrd ’up hjg gcwj„,Wuj`s`h hjg Himdr`h hrd bcjstrh`jdg ky pccr`jorhstrubturd, kut Ncrcbbc `s gc`jm wdiikdbhusd co `ts sthkì`ty.

@j tad dhstdrj Ndg`tdrrhjdhj, Wuredybcjt`juds tc pdrocrn wdii, tad Mrddedbcjcny bcjt`juds tc strummid hjg Ryr`hahs wdii gcbundjtdg prckidns.

Cj tad Durcpdhj sacrds co tad wdstdrjNdg`tdrrhjdhj, mrcwta s bcjstrh`jdg ky tadrdbcvdr`jm dbcjcn`ds co @thiy hjg Rph`j.

’Kut tady hrd k`m bcujtr`ds sc tady w iirdbcvdr sccj,„ Nr Hrehs shys. ’Wady fust gcj‐tahvd tad vciunds tady ahg j tad phst.„

Icce`jm tc tad ydhr hadhg, Nr Hrehsta`jes `t wìi kd hjctadr tcuma ydhr hsbhrr`drs bcjt`jud tc bhsbhgd sa`ps tc tadNdg`tdrrhjdhj. ’@j crgdr tc oìi up tad aumdsa`ps cj tad nh`j dhst/wdst rcutds, tadybhsbhgd vdssdis tc ctadr trhgd ihjds, kut

ta`s sprdhgs tad cvdrbhphb`ty hii cvdr tadpihbd.

’@j tad phst, wadj tad ihrmdst bhrr`drsicst ncjdy `j tad Ohr Dhst trhgd ihjds, tady

Hrehs ta`jes nhjy co tad ihrmdr cpdrhtcrsn`sujgdrsthjg tad nhredt hjg bhj‐t coodrtad dxpdrt`sd co rdm`cjhi cpdrhtcrs.

NDG@WD[[HJDHJ C\D[HWC[R /H[EHR

BH[[@D[R

Hrehs I`jd oiddt (Fhjuhry ;<87)_dssdis Junkdr Bhphb`tyCwjdg ;7 28,<14 tduBahrtdrdg 84 8=,788 tduWcthi 20 71,70? tdu




7< BCJWH@JD[@RHW@CJ @JWD[JHW@CJHI www.bcjth`jdrsa`pp`jm.bcn Fhjuhry/Odkruhry ;<87

[DG Rdh Mhtdwhy Wdrn jhi, ht tad Rhug`

Hrhk`hj pcrt co Fdggha, s cj bcursd ocrourtadr dxphjs`cj tc jbrdhsd ts oidx`kì`ty`j ahjgi`jm tad ihrmdst bcjth`jdr vdssdis.

Hs h $47<n ’mrddjo`dig„ prcfdbt, w`tabcnndrb`hi cpdrht`cjs sthrt`jm ihtd `j;<<0, [RMW s`mjdg tad o`rst kuìg, cpdrhtdhjg trhjsodr hmrddndjt w`ta tad sthtd-rujRhug` \crts Hutacr`ty.

[RMW‐s 8?.4 n gddp whtdr grhumatohbì`ty ahjgidg hrcujg 8.7n tdu j ;<82.Wad Fdggha @sihn`b \crt kcx biustdr — G\]crig hjg Muioth`jdr ahvd tdrn`jhis htF@\ — prcbdssdg h bcnk`jdg 7.?n tdu ihstydhr*, h 2.1% ohii cj ;<8;.

Wad sahrdacigdrs j [RMW hrd tardd icbhicpdrhtcrs6 tad Qdjdi bcjmicndrhtd —Rhug` @jgustr`hi Rdrv`bds Bc hjg Wusgddr — pius Nhihys`hj N j`jm Bcrp, wa`ba sh sahrdacigdr `j tad Nhihys`hj pcrts coFcacr hjg Whjfujm \didphs, tad ihttdr kd`jmtad junkdr 81 mickhi kcx auk j ;<8;w`ta =.=n tdu ahjgidg.

[RMW ba`do cpdrht jm coo`bdr Rcrdj Ahjsdj,shys6 ’NNB s jct hbt vdiy jvcivdg j tadgh iy nhjhmdndjt hjg s h s idjt n jcr tysahrdacigdr. Gur jm tad ku ig up co tad ohb i tyadrd NNB prcv`gdg scnd dxpdrt sd kut wdhrd h sthjghicjd djt ty, bcnpdt jm cj dquhitdrns w ta Muioth jdr hjg G\ ]crig.„

Qdjdi kuìt up h kcjgdg zcjd jdhr

Fdggha hjg gdb`gdg taht hgg`t`cjhibcjth`jdr bhphb`ty whs rdqu`rdg ht tad pcrttc eddp up w`ta vciund mrcwta, adjbd tadgdvdicpndjt co [RMW cj rdbih`ndg ihjg.

Nr Ahjsdj hggs6 ’]d ahvd hba`dvdg hict cvdr tadsd phst o`vd ydhrs, jct fust tadvciund mrcwta, wa`ba `s qu`td httrhbt`vd,kut cur burrdjt prcgubt`v`ty idvdis hrd jcw`j tad tcp idhmud co jtdrjht`cjhi rhje`jmscj pdrocrnhjbd.„

Bcjth jdr gwdii t nds ht hii Rhug Hrhk`h‐sbcjth jdr pcrts hrd idjmtadjdg ky tad jddgocr h ouii jspdbt cj co hii kcxds djtdr jm tadbcujtry, w ta tdrn jhi cpdrhtcrs wcre jmw ta icbhi Bustcns tc ohb i thtd tad prcbdss.Rtcrhmd bahrmds hrd rdth jdg ky Bustcns hjgjct tad tdrn jhi cpdrhtcrs.

Rhys Nr Ahjsdj6 ’Dhba cpdrhtcr ahs tad rcwj bustcns mrcup hjg wd hrd vdry prcugco tad rdiht cjsa`p wd ahvd w ta curs, wadrdwd ahvd ocujg whys tc sdt up h cjd stcpsacp ocr hii bhrr`drs, hjg sdt up h fc jt trh j jmprcmrhnnd w ta bustcns dnpicydds.„

Gukh`‐s G\ ]crig cpdrhtds tad RcutaBcjth`jdr Wdrn`jhi ht Fdggha, h bcjbdss`cjhbqu`rdg j 8000, waìd Fujd ;<82shw hnk`t`cus THD-khsdg pcrts mrcupMuioth`jdr hssund nhjhmdndjt bcjtrcico tad Jcrtadrj Bcjth`jdr Wdrn`jhi hotdr

kuy`jm h 48% sthed j Rhug` Hrhk`h‐s Muio

Rtdvdgcr`jm Bcjtrhbt`jm Bc.@j h ;<82 ydhr djg rdpcrt** cj tadN`ggid Dhst, TE-khsdg Cbdhj Ra`pp`jmBcjsuithjts ocujg taht j tad gdbhgd tc;<8;, tarcumaput mrdw ncst rhp`giy j tad[dg Rdh rhjmd, ht 288%, tc rdhba ?.?ntdu. Mrcwta hbbdidrhtdg orcn 2.=% `j;<88 tc 87% j ;<8;.

Wad rdpcrt sthtds6 ’@j tad [dg Rdh rhjmd,bhphb`ty utì`sht`cj s sdt tc `nprcvd hisc,hjg s ièdiy tc rdnh`j ncst sthkid hbrcssgdnhjg bhsds. Wa`s s kdbhusd ta`s rhjmdwìi kd idhst hoodbtdg sacuig gdvdicpndjtociicw tad phta co tad `jbrdhsdg g`rdbt-sdrv`bd bhsd, hs ta`s rhjmd s ncst ocbusdgcj mhtdwhy trhoo`b.„

CRB sh`g taht ht Fdggha, tad pr`jb`phimhtdwhy pcrt hjg trhjsa`pndjt auk cj tad[dg Rdh, bcjth`jdr tarcumaput jbrdhsdgky 2<8% cvdr ;<<8-;<8;, hjg ky ?2%cvdr ;<<?-;<8; tc 7.=n tdu.

Wad bcjsuithjby sthtds taht 72.4%co ;<8; tarcumaput ht Fdggha whstrhjsa`pndjt6 ’Wad pcrt s h auk ocrtrhjsa`pndjt tc hjg orcn dhst Hor`bhj hjgctadr [dg Rdh pcrts, hjg ahs rdbdjtiy kddjtad rdb`p`djt co trhoo`b g`vdrtdg orcn DiRceajh, gud tc g`srupt`cjs ht tad pcrt.

’Wad hjt`b`phtdg bcnpidt`cj co h rhì

_ciund mrcwta oddgs jvdstndjt j jorhstrubturd, wr`tds [cmdr Ahìdy.

FDGGHA DQ\HJGRWC NDDW GDNHJG

RHTG@ \C[WR /FDGGHA

\C[W R@GD

Wad pihjjdg dxphjs`cj ht [RMWwìi put `j pihbd tad quhy idjmtascuti`jdg ocr tad cr`m`jhi prcfdbt.\actc6 [RMW



]d‐rd Mc`jm Gddpdr. Rdd acw.

Wahjes tc tad jdw Rcuta Bhrci`jh @jihjg \crt taht‐s 278 eìcndtrdsorcn Bahridstcj hjg w`ta hbbdss tc vd `jtdrsthtds, ycu bhj dxtdjgycur rdhba gddp `jtc tad ohst-mrcw`jm @jtdrsthtd 14 bcrr`gcr hjg kdycjg.Dvdj kdttdr, taht ndhjs sacrtdr `jihjg g`sthjbd hjg icwdr bcst. Bcnk`jd cvdrj`mat rhì sdrv`bd w`ta tad gddpdst, ncst prcgubt`vd pcrt `j tadrdm`cj, hjg ycu jcw ahvd tad ncst do b`djt why tc sa`p bhrmc `j tad dxphjg`jm Rcutadhstdrj T.R.

CT[\C[W @R

278 ENGDD\.

RBR\H.bcn



7; BCJWH@JD[@RHW@CJ @JWD[JHW@CJHI www.bcjth`jdrsa`pp`jm.bcn Fhjuhry/Odkruhry ;<87

ihjgkr`gmd kdtwddj Fdggha, [`yhga hjgGhnnhn `j ;<84 wìi prcv`gd h ourtadrkccst tc gdnhjg.„

Muioth`jdr‐s mrcup nhjhm`jm g`rdbtcr,\dtdr [`bahrgs, shys co tad bcnphjy‐sFdggha ohbì`ty6 ’Ht JBW wd ahvd `jbrdhsdgtad prcgubt`v`ty ky ;1% s`jbd Fujd U;<82^hjg wd hrd icce`jm tc mrcw tad vciundstadrd qu`td bcjs`gdrhkiy.„

Muioth`jdr s icce`jm tc jvdst hrcujg$;<<n j ts jdw Rhug` pcrtoci`c, Fdgghahjg Fukhì, kr`jm`jm j twc jdw mhjtrybrhjds ht Fdggha ky tad djg co ta`s ydhr, hswdii hs twc ihrmd ahrkcur brhjds pius tadkhbe up dqu`pndjt.

Nr Ahjsdj co [RMW rdbcmj`sds tahttad bcjth`jdr jgustry s ujgdrmc`jmsuksthjt`hi bahjmd6 ’Jct cjiy hrd tadsa`pp`jm i`jds rdhi`mj`jm kut hiscbcnpdt`t`cj s jcw kd`jm hggdg j ta`snhredt w`ta E`jm Hkguiiha pcrt kdbcn`jmcpdrht`cjhi. K`mmdr sa`ps hrd bcn`jm jhjg wd jddg tad r`mat tc sdrvd nhfcrbustcndrs eddp mdtt`jm k`mmdr hjg k`mmdr.„

Ad hggs6 ’]d hrd vdry prcug co wahtwd ahvd hba`dvdg sc ohr, kut gur`jm tahtpdr`cg tad hvdrhmd s`zd co vdssdi bcn`jm`jtc Fdggha ahs jbrdhsdg hjg wd jddgtc dxtdjg cur burrdjt ohbì`ty tc coodr

h bcnpdt`t`vd prcgubt tc hii`hjbds cr`jg`v`guhi sa`pp`jm i`jds.„\rdsdjtiy, [RMW ahs sdvdj rdmuihr bhiis

ky ouiiy-ihgdj 82,<<< tdu cr ihrmdr vdssdis.Wad pihjjdg dxphjs`cj ht [RMW wìi put`j pihbd tad quhy idjmtas cuti`jdg ocr tadcr`m`jhi prcfdbt, wa`ba wdrd sbhidg khbe.

’Pcu bhj rdodr tc `t hs hj dxphjs`cj, kut @wcuig bhii t tad bcnpidt`cj co tad cr`m`jhiprcfdbt. ]d `jtdjg tc dxphjg cur dx`st`jmoddgdr kdrta ky 84< n tc hbbcnncghtd1,<<< tdu cr dvdj si`matiy k`mmdr vdssdiscj tad oddgdr kdrta, dssdjt`hiiy tc kdbcndh jdw nh`j kdrta.

’Hjg cj tad nh`j kdrta wd wcuig ièd tcsdrvd twc ndmh vdssdis ht tad shnd t`nd.]d bhj gc taht tcghy, kut t s bcjstrh`jdg.]d whjt ncrd oidx`kì`ty cj tad nh`jkdrta, tc ahjgid hj 81,<<< tdu hjg h87,<<< tdu vdssdi ht tad shnd t`nd.„

Wad [RMW nhjhmdndjt tdhn acpds tchwhrg tad bcjtrhbt kcta ocr tad bcjstrubt`cjhjg supdrv`scry wcre j tad o`rst quhrtdrco ta`s ydhr. Wad wcre wìi kd bhrr`dg cut jtwc pahsds, o`rst cj tad oddgdr kdrta hjgtadj hicjm tad nh`j kdrta, w`ta h 8; tc81 ncjtas gdi`vdry t`nd, hjg hii tad wcrebcnpidtd ky n`g-;<84.

Wad pahs`jm hjg djm`jddr`jm hspdbt

co tad wcre — tad tdrn`jhi `s cj kuìg`jmkicbes hjg bhj kd dxtdjgdg orcn tad

nh`j quhy w`tacut jddg ocr h nhr`jdhpprchba hjg pìd gr`v`jm — sacuig nhed`t `jtdrrupt`cj ordd ocr bcjth`jdr ahjgi`jm.

Hsedg hkcut tad E jm Hkguiiha \crt tc tadjcrta (sdd s`gd phjdi) , [RMW hbejcwidgmdstad bahiidjmd pcsdg kut Nr Ahjsdj sthtds6’@ ta je taht tadrd `s h jddg ocr kcta pcrts.M`vdj tad burrdjt mrcwta rhtd ocr ta`s nhredt,ncrd bhphb ty `s jddgdg, sc @ acpd tahttad twc pcrts w ii bcnpidndjt dhba ctadrj tad icjm tdrn hjg w ii kd h mccg vhiud

prcpcs t cj ocr tad djg bustcndrs.„F@\‐s nh`j nhredt s tad jgustr`hi zcjd

biustdr tc tad scuta, wadrd ncst co tadwhrdacus`jm hjg jgustry s icbhtdg,h mccg g`sthjbd orcn EH\‐s pctdjt`hia`jtdrihjg hjg taus nhe`jm tad jdw ndmhpcrt idss httrhbt`vd ocr mhtdwhy icbhi bhrmc.

Ncst cksdrvdrs kdi`dvd taht tadprdsdjbd co Wdrn`jhi @jvdstndjt Itg, w`tabicsd i`jes tc Ndg`tdrrhjdhj Ra`pp`jm Bc ‒tad wcrig‐s sdbcjg ihrmdst bcjth`jdr bhrr`dr ‒ w ii prcv`gd ncrd co h trhjsa pndjtcppcrtuj`ty ocr EH\.

Cj tad icjm tdrn prcspdbts, hjg w`ta

tad prcpcsdg Rhug` rhì ihjgkr`gmd, NrAhjsdj shys6 ’Cjd co tad k`mmdst nhredts`j tad E`jmgcn `s [`yhga, hjg ahv`jmtaht ihjgkr`gmd wcuig djhkid Fdggha tc

bcnpdtd ncrd hbt`vdiy ocr [`yhga bhrmctahj wd gc tcghy.

’@o icce ht tad Uprcpcsdg^ \2 hii`hjbd hjgtad k`m bcjth`jdrsa`ps, tadj tadsd vdssdisrdqu`rd h k`m a`jtdrihjg nhredt tc fustòyh bhii.

’Ht Fdggha, wd hrd mdtt`jm `jtc h s`zd cotad nhredt taht s bicsd tc 4n tdu hjg hn`x co mhtdwhy hjg trhjsa`pndjt trhoo`b,w`ta Nhdrse I`jd hicjd ht 8n tdu, hjg scahv`jm h ihjgkr`gmd wìi gdo`j`tdiy ourtadrcur httrhbt`vdjdss tc tad sa`pp`jm i`jds.„

Ad bcjt`juds6 ’O`vd ydhrs orcn jcw, w`tatad ihjgkr`gmd dsthki`sadg, tad rhtd copcpuiht`cj mrcwta, tad s`zd co ta`s nhredthjg tad hvhìhkì`ty co mcvdrjndjt ncjdy,tadj ta`s s mc`jm tc kd h vdry httrhbt`vdpihbd ocr sa`pp`jm i`jds.

’@o tad k`m Hs`h-Durcpd vdssdis hrd mc`jmphst adrd hjywhy, t s h qu`be stcpcvdr cjtad shì`jm rcutd, h qu`be j hjg cut. Wadihjgkr`gmd wìi adip us pcs`t`cj Fdggha hshj httrhbt`vd pihbd ocr sa`pp`jm i`jds ocrg`rdbt sdrv`bds. Hjg w`ta tad gdvdicpndjtsht [RMW r`mat jcw wd wìi kd hkid tcsdrv`bd tadsd k`m sa`ps.

’Orcn tad icce co `t, wd wìi kd, w`ta EH\,

tad cjiy cjds tc hbbcnncghtd tadsd k`msa`ps cj h rdmuihr khs`s.„

*Rcurbd6 Rhug` \crts Hutacr`ty

**Rcurbd6 N`ggid Dhst bcjth`jdr pcrt nhredts tc ;<;4

RHTG@ Hrhk`h‐s jdwdst bcjth`jdrmhtdwhy, E`jm Hkguiiha \crt cj tad [dgRdh, ahjgidg ts o`rst dxpcrt bhrmc jFhjuhry ;<87 wadj 47 bcjth`jdrs copciyndr nhtdr`hi adhg`jm ocr R`jmhpcrdwdrd ichgdg cjtc tad 87,<<< tdubhphb`tyNRB Ghj`dih .

EH\, gdsbr kdg hs tad Rhug Hrhk`h‐s o rstpr`vhtdiy cwjdg hjg oujgdg pcrt, s eddp jmhj j t hiiy icw prdss prco id ocr tad ncndjt,kut t s jct h n`rhmd hjg tad jtdjt cj s tc

’sdrvd tad Dhst-]dst trhjsa`pndjt co bhrmchs wdii hs tad gcndst b vciunds„.

]`ta h o`rst sthmd ;.=n tdu bhphb`ty,tad pcrt s icbhtdg 8<<en jcrta coFdggha, Rhug` Hrhk`h‐s ihrmdst mhtdwhyw`ta 7.2n tdu j ;<82, h 2.=% gdbi`jdcj tad pr`cr ydhr*.

JD] E@G CJ WAD KICBENuit`-purpcsd EH\ — w`ta rc-rc,

hutcnct`vd, kuie, mdjdrhi bhrmc hjgbcjth`jdr tdrn`jhis — `s kd`jm kuìt ky\crts Gdvdicpndjt Bc, h fc`jt vdjturdkdtwddj tad Rhug` K`jihg`j Mrcup hjgDnhhr, tad Dbcjcn`b B`ty.

DDB `s tad nhstdr pihjjdr co E`jmHkguiiha Dbcjcn`b B`ty, h $4<kjgdvdicpndjt prcfdbt bcvdr`jm 8?1nsquhrd nìds, gdvdicpdg cvdr tarddpahsds, w`ta bcnpidt`cj dhrnhredg ocr

;<;<.Jdtadrihjgs-khsdg pcrts mrcup

Wdrn`jhi @jvdstndjt Itg, w`ta bicsdi`jes tc Ndg`tdrrhjdhj Ra`pp`jm Bc, `s`jvcivdg `j tad EH\ bcjth`jdr tdrn`jhigdvdicpndjt prcfdbt.

*Rcurbd6 Rhug` \crts Hutacr`ty


RHTG@ \C[WR /FDGGHA

\C[W R@GD

Icw-edy sthrt ocr E jm Hkguiiha \crt





WAD `nphbt co tad pcss`kiddjtry `jtc ocrbd co tad@jtdrjht`cjhi Nhr`t`ndCrmhj`zht`cj‐s Khiihst]htdr Nhjhmdndjt (K]N)Bcjvdjt`cj `s h sukfdbt tahtwhrrhjts mrdhtdr httdjt`cjhjg mrdhtdr ujgdrsthjg`jm.@t wìi cjiy thed h odw ncrdbcujtr`ds‐ rhtò`bht`cjs tcbhusd tad bcjvdjt`cj tc bcnd`jtc ocrbd.

Wad @NC‐s hndjgndjt co

tad bcjvdjt`cj‐s sbadguidocr tad rdqu`rdg `jsthiiht`cjco khiihst whtdr trdhtndjttdbajcicmy wìi kd

’[dbdjt tdst`jmbcrrckcrhtdsbcjbdrjs tahtburrdjt @NCtypd-hpprcvhisgc jct prcv`gdbcj gdjbdtaht trdhtndjtsystdns nddttad @NCg`sbahrmdsthjghrg„

wdibcndg. Acwdvdr, ta`sbahjmd gcds jct rdndgy hs`mjò`bhjt prckidn w`ta tadbcjvdjt`cj.

Wad bcjvdjt`cj rdqu`rdsjct cjiy taht h vdssdi `jsthiih khiihst whtdr trdhtndjtsystdn taht ahs kddj ’typd-hpprcvdg„, kut hisc rdqu`rdstad whtdr g`sbahrmdg orcntaht systdn tc nddt tadbcjvdjt`cj‐s jundr`bg`sbahrmd sthjghrg.

Tjièd scnd ctadr @NCrdqu`rdndjts, jsthiiht`cjco h typd-hpprcvdg systdn`s jct djcuma ky `tsdio. Wad


MTDRW BCITNJ@RW

KHIIHRW BCJ_DJW@CJ‐RK@II@CJ GCIIH[ K@IIWrdhtndjt typd-hpprcvhi rdnh js h prckidn, wr tds Bar`stcpadr Ecba.



MTDRW BCITNJ@RW


Bar`stcpadr Ecba s ]crigRa`pp`jm Bcujbì prds`gdjthjg ba`do dxdbut`vd

systdn nust pdrocrn sctaht tad g`sbahrmdg whtdrhbtuhiiy nddts tad sthjghrg.Wad bcjvdjt`cj nheds tadsa`p rdspcjs`kid ocr tadtdbajcicmy‐s pdrocrnhjbd.

_dssdi cpdrhtcrs wìi kdrdqu`rdg tc `jvdst nhjykìi`cjs co gciihrs j khiihstwhtdr nhjhmdndjt systdnstc bcnpiy w`ta tad K]Nbcjvdjt`cj ò hjg wadj `tdjtdrs `jtc ocrbd.

@j rdturj ocr ta`s`jvdstndjt, vdssdi cpdrhtcrsjddg tc ahvd bcjo`gdjbdtaht `jsthii`jm hj @NC

typd-hpprcvdg trdhtndjtsystdn wìi hiicw tad`rsa`ps tc bcnpiy w`ta tadK]N bcjvdjt`cj g`sbahrmdsthjghrg. H sa`pcwjdr tcghybhj ahvd jc suba hssurhjbd.

@t `s ta`s shnd prckidntaht idg tad TR, wa`ba ahshbbdptdg tad bcjvdjt`cj‐sg`sbahrmd sthjghrg ocr `tsjht`cjhi rdm`nd, tc rdqu`rdtrdhtndjt tdbajcicm`dstc kd tdstdg us`jm h ncrd

rdo`jdg hjg r`mcrcus sdt cotdst`jm prcbdgurds o tadyhrd tc rdbd`vd TR typd-hpprcvhi.

Wadsd ncrd r`mcrcusprcbdgurds, ejcwj hs tadDjv`rcjndjthi Wdbajcicmy_drò`bht`cj prctcbci, wdrdgdvdicpdg kdbhusd co tadrdbcmj`sdg sacrtbcn`jms cotad burrdjt @NC mu`gdi`jds.

Wad TR wìi jct hiicw hvdssdi cwjdr tc nddt ts TRidmhi cki`mht`cjs ky jsthii`jmh khiihst whtdr trdhtndjtsystdn taht `s cjiy typd-hpprcvdg ujgdr tad burrdjt@NC tdst`jm mu`gdi`jds,kdbhusd tad burrdjt @NCtypd-hpprcvhi mu`gdi`jds hrdbcjs`gdrdg jsuoo`b`djt tc

djsurd taht h systdn nddtstad bcjvdjt`cj‐s g`sbahrmdsthjghrg.

@jstdhg, TR ihw rdqu`rdstad jsthiiht`cj co khiihstwhtdr trdhtndjt systdnscjbd suba systdns ahvd kddjTR typd-hpprcvdg ujgdr tadDW_ prctcbci.

[dbdjt tdst`jm bcrrckcrhtdsbcjbdrjs taht burrdjt @NCtypd-hpprcvhis gc jct

prcv`gd bcjo`gdjbd tahttrdhtndjt systdns nddt tad@NC g`sbahrmd sthjghrg.

Wardd khiihst whtdrnhjhmdndjt systdns, wa`baahvd hirdhgy rdbd`vdg @NCtypd-hpprcvhi khsdg cjtad burrdjt @NC tdst`jmmu`gdi`jds, ahvd kddj tdstdgujgdr tad ncrd rdo`jdg DW_prctcbci. Dhba co tacsd tarddsystdns ohìdg tc nddt tad@NC g`sbahrmd sthjghrg. Wadprckidns w`ta tad burrdjt@NC mu`gdi`jds hrd rdhi hjgrdqu`rd rdsciut`cj.

Wa`s `s jct scidiy hTR-bdjtr`b bcjbdrj crprckidn.

Ra`pcwjdrs hjg cpdrhtcrsjddg hjg gdsdrvd hrdmuihtcry rdm`nd ujgdr tadbcjvdjt`cj taht djsurds tahttrdhtndjt systdns taht hrd@NC typd-hpprcvdg wìi `j

ohbt rdi`hkiy hjg doodbt`vdiynddt tad nhjghtcryg`sbahrmd sthjghrg.

H rdmuihtcry rdm`nd taht

rdqu`rds vdssdi cpdrhtcrstc `jvdst kìi`cjs co gciihrs`j trdhtndjt tdbajcicmyhjg taht acigs vdssdisidmhiiy hbbcujthkid ocr tadtdbajcicmy‐s pdrocrnhjbd,kut wa`ba typd-hpprcvdstrdhtndjt tdbajcicmy tahtohìs tc hba`dvd tad rdqu`rdgpdrocrnhjbd sthjghrg,wcuig ckv`cusiy brdhtd hjujtdjhkid s`tuht`cj ocr sa`pcwjdrs. Waht `s tad @NC K]Nbcjvdjt`cj rdm`nd hs `tsthjgs tcghy.

Tjidss ta`s prckidn co`ssu`jm typd-hpprcvhis tc

systdns taht nhy jct pdrocrn`s hggrdssdg kdocrd tad @NCK]N bcjvdjt`cj djtdrs jtcocrbd, sa`pcwjdrs wìi ohbdtwc sdr`cus prckidns.

Wad o`rst prckidn `s tahttad`r kìi`cjs co gciihrs co`jvdstndjt `j typd-hpprcvdgtrdhtndjt tdbajcicmy nhyjct put tadn j bcnpi`hjbdw`ta tad Bcjvdjt`cj.

Wad sdbcjg prckidn `s

taht tady bcuig kd rdqu`rdgky tad bcjvdjt`cj tc`jsthii @NC typd-hpprcvdgsystdns taht nhy prcvdujushkid `j tad TR ò tadK] trdhtndjt systdn ohìstc nddt tad @NC sthjghrgwadj tdstdg ujgdr tad DW_\rctcbci.

H systdn taht `s ocujg tcohì tad @NC sthjghrg nhykd gddndg ujhbbdpthkid jctadr pcrt Rthtds hs wdii.

Wad ohbt taht tadbcjvdjt`cj ahs jct ydtbcnd `jtc ocrbd prcv`gds hjcppcrtuj`ty tc hggrdss ta`sprckidn kdocrd tad `jgustry`s pihbdg `j hj ujtdjhkidpcs`t`cj. ]ahtdvdr sciut`cj suit`nhtdiy hgcptdg, ta`s ssudwhrrhjts tad httdjt`cj co tad@NC tc o`jg h rdsciut`cj.

_dssdi cpdrhtcrs wìi kdrdqu`rdg tc `jvdst kìi`cjsco gciihrs `j khiihst whtdr

nhjhmdndjt systdns.\actc6 G`dtnhr Ahsdjpusb a



M[DHWD[ bhrd co rddodrdqu`pndjt hjg httdjt cj tc

tad hbburhby co jocrnht cjpdrth j jm tc bhrmc hrd brub`hi jhvc`g jm ghnhmd tc hjg icss copdr`sahkid mccgs j trhjs t.

Wdnpdrhturd bcjtrciidgbhrmcds hrd jadrdjtiypdr`sahkid hjg prdsdjt mrdhtdrbahiidjmds hjg r`se dxpcsurdsocr tad icm`st bs cpdrhtcr tahjhnk`djt bhrmc.

Hs tad wcrig‐s spdb`hi sdgrddodrsa`p oiddt gdbi jds, t s

prdg`btdg taht bcjth jdrs w iikd ut i sdg ocr up tc =4% co hiinhr t nd tdnpdrhturd-bcjtrciidgbhrmc sa`pndjts ky jdxt ydhr. Rctad prcbdss co bcrrdbtiy phbe jm,ahjgi jm hjg ncj tcr jmrdor`mdrhtdg bcjth jdrs hjg tad`rbhrmc s cjd taht w ii bcjt jud tcgdnhjg httdjt cj.

]a id pdr`sahkid bhrmc scotdj a`ma-phy jm ord`mat, tbhj hisc m`vd r`sd tc a`ma-vhiuddxpcsurds5 h bcjth jdr co ickstdr,ocr jsthjbd, bcuig acig h vhiudjdhr jm $4<<,<<<, m`v jmhgdquhtd jbdjt vd ocr dxtrh bhrdtc kd thedj.

Hs hj jsurdr co ta`s suppiybah j prcbdss, WW Biuk ahsdxpdr`djbd co acw ta jms bhjmc wrcjm, scndt nds hs h rdsuitco tad ncst strh`matocrwhrg codrrcrs cr n`sujgdrsthjg jms.

]d o jg taht tad nhfcr tyco jsurhjbd bih`ns jvciv jmpdr`sahkid bhrmc cbbur gud tc6

• Bcjous`cj cvdr Bdisùs hjgOhardjad t

• \ccr bcnnuj bht cj co

rdqu`rdndjts (pius vdrsus n justdnpdrhturds)

• Wad bcjth jdr jct kd jmncj tcrdg cr piummdg jtarcumacut ts fcurjdy

Hbrcss Durcpd wd ahvddxpdr`djbdg jsthjbds cohnk`djt bhrmc, suba hs krdhghjg bacbcihtd, kd jm n`sthedjiysa`ppdg j gddp-orddzdbcjg t cjs, wa`ba ahs rdsuitdgj h grhnht b gdtdr`crht cj co

tad bhrmc, idhg jm tc bih`ns cotcthi icss.

Bcjvdrsdiy, hjg pdrahps ncrdbcnncjiy, wd dxpdr`djbd bhrmcsuba hs o`sa, hj nhi bhrbhssdshjg gh`ry prcgubd wa`basacuig kd sa`ppdg ujgdr gddp-orddzd bcjg t cjs, kdicw -81¼B,wa`ba hrr`vd ht tad bcjs`mjddocr dxhnpid ht +81¼B. Ruba`ssuds jdv thkiy rdsuit j tadbcjs`mjdd rdfdbt jm tad bhrmchjg pctdjt hiiy s`mj o`bhjt bih`nsdxpcsurds, jct fust ocr tad vhiudco tad bhrmc kut hisc tad bcsts cog`spcshi.

Wadrd hrd jjundrhkidcppcrtuj t ds tarcumacut hsuppiy bah j ocr suba drrcrs,wa`ba bhj kd bhthstrcpa`b jtdrns co tad scujg bcjg t cj cotad bhrmc.

Cotdj tad s`npidst co drrcrsrdsuit j a`ma-vhiud bih`nsorcn bhrmc cwjdrs. Occgstuoosdspdb`hiiy hrd sukfdbt tcstr jmdjt rdstr`bt cjs tc djsurdshodty tarcuma tad occg bah j.Wadsd w ii cotdj g`bthtd tahtdvdj tad snhiidst hkusd jtdnpdrhturd bhj rdsuit j tad

rdoushi co bhrmc bcjgdnjdg hsujo t ocr bcjsunpt cj.

Acpdouiiy, tadsd dxpdr`djbdsbhj adip pc jt tad why ocrocrwhrgdrs, bhrr`drs hjg icm`st bscpdrhtcrs tc hvc`g suba bhrmcicss. @j tad o`rst jsthjbd t sv thi tc ejcw tad sa`ppdr wadjahjgi jm tdnpdrhturd bcjtrciidgbhrmc. @t s oujghndjthiiy tadrdspcjs`k i ty co tad sa`ppdr tcprcv`gd spdbò`b jstrubt cjshjg rdqu`rdndjts rdmhrg jm tadbhrr`hmd co tad bhrmc, wa`ba tad

ocrwhrgdr jddgs tc ujgdrsthjgbcrrdbtiy.@t s jbrdhs jmiy tad bhsd,

acwdvdr, taht tad sa`ppdr‐srdspcjs`k i ty s gdidmhtdg tctad icm`st bs sdrv`bd prcv`gdr,jct idhst wadj ouii suppiybah j nhjhmdg cpdrht cjs hrdujgdrthedj. @j tadsd bhsds tad

\[CKIDNR ]@WA[DDOD[ KCQDR3\D[@RA WAD WACTMAW

WW Biuk‐s bih`ns dxdbut vd,N ed Phrwccg , cuti`jds tadedy didndjts j nhjhm`jm r`se hjg n`j`n`s`jm bih`ns.

cpdrhtcr hssunds rdspcjs`k i tyocr tad djt rd suppiy bah j.]ahtdvdr tad b`rbunsthjbd tadicm`st bs prcv`gdr sacuig hbt vdiy

sdde hgv`bd, bihrò`bht cj hjghmrddndjt orcn tad sa`ppdrrdmhrg jm suba rdqu`rdndjts,hjg bcjtrhbts spdbòy jm tadsdsacuig kd rdmuihriy badbedg,dspdb`hiiy ht rdjdwhi.

@t sacuig hisc kd jctdg tahtjgustry rdmuiht cjs — hjg

tadrdocrd bhrr`hmd rdqu`rdndjts — ahvd tad pctdjt hi tc bahjmdoh`riy rdmuihriy ocr pdr`sahkidbhrmcds. H usdoui mu`gd tc subardmuiht cjs s @HWH‐s \dr`sahkidBhrmc [dmuiht cjs (\B[) nhjuhi.]a id prcgubdg nh jiy ocr h`rbhrmc spdb`hi sts t ahs usdouimu`ghjbd ocr trhjspcrt ky hiincgds. @t prcv`gds hj cuti jd cotad ncst burrdjt hjg doo`b`djtprhbt bds ocr pdr`sahkid bhrmccpdrht cjs jbiug jm occgstuooshjg pahrnhbdut bhis.

Waus, ocr tad nhfcr ty cobhrmcds, tad sa`ppdr w iigdbihrd h sdt tdnpdrhturdht wa`ba tad bhrmc s tc kdnh jth jdg tarcumacut tadgurht cj co tad trhjs t. Ocr idsssdjs t vd ba iidg bhrmc, h rhjmd co

7? BCJWH@JD[@RHW@CJ @JWD[JHW@CJHI www.bcjth`jdrsa`pp`jm.bcn Fhjuhry/Odkruhry ;<87

MTDRW BCITNJ@RW

• Ejcw ycur sa`ppdr

• Tjgdrsthjg tad bcrrdbtrdqu`rdndjts ocr tadspdbò`b bhrmc kd`jmtrhjspcrtdg hjg vdròytadn

• Djsurd hbburhtd`jocrnht`cj `sphssdg tarcuma tadbcjtrhbtuhi bah`j

• Djsurd dqu`pndjt`s `j mccg crgdr hjgncj`tcr tad djt`rdbcci bah`j

EDP \C@JWR



MTDRW BCITNJ@RW


’Wadrd hrd`jjundrhkidcppcrtuj`t`dstarcumacut hsuppiy bah`j ocrdrrcrs, wa`ba bhjkd bhthstrcpa`b`j tdrns co tadscujg bcjg`t`cjco tad bhrmc„

Nèd Phrwccg s bih`nsdxdbut`vd ht tad WW Biuk.

hbbdpthkid tdnpdrhturds nhy kdst puihtdg.

@j d tadr bhsd wadj suk-bcjtrhbt jm trhjspcrt ncvds,

wadtadr sacrt jtdr-gdpcttrhjsodrs cr mickhi bcjth jdr`sdgncvdndjts, t `s dssdjt hi tcdjsurd taht bidhr hjg hbburhtdwr ttdj jstrubt cjs hrd phssdggcwj tad bcjtrhbtuhi bah j.

Wad nhrm js ocr drrcr hrdcotdj vdry snhii, tad gòodrdjbdkdtwddj ‑n jus‐ hjg ‑pius‐tdnpdrhturd bhj kd dhs iybcjousdg j bcnnuj bht cjshjg w ii i ediy ahvd bhthstrcpa`bdoodbts cj tad bhrmc. Orddz jmhj hnk`djt bhrmc bhj kd fusths ghnhm jm hs cvdradht jmh orczdj bhrmc. Hbburhtdtrhjsn`ss`cj co tad tdnpdrhturdsdtt jms tarcuma tad suppiybah j s bidhriy br t bhi.

]a id tad Bdjt mrhgd sbhid`s ncst w`gdiy usdg hjgrdbcmj sdg mickhiiy, tad TR ocrdxhnpid usds Ohardjad t. Hgg jmtc tad bcjous`cj, <¼B s h w`gdiyrdbcmj sdg tdnpdrhturd sdtt jm

ocr ba iidg bhrmcds, wa ist <¼O s hw`gdiy rdbcmj sdg tdnpdrhturdsdtt jm ocr orczdj bhrmcds. Hmh j,hbburhtd bcnnuj bht cj s tad

edy tc hvc`g jm pctdjt hiicssds.

Cjbd tad sa`pp jmjstrubt cjs ahvd kddj nhgd

bidhr, tad bcjth jdr jddgs tckd oujbt cj jm prcpdriy. [ddodrdqu`pndjt sacuig kd rdmuihriyjspdbtdg ocr bcjocrn ty,

dspdb`hiiy pr`cr tc ichg jm hjgsuba uj ts sacuig kd sdrv`bdghjg nh jth jdg rdmuihriy. _`suhi

badbes ocr ghnhmd sacuig hisckd bhrr`dg cut pr`cr tc phbe jm.

Ghnhmd tc tad jtdrjhi vdjts,pdrahps bhusdg ky prdv`cus

pccr stcwhmd, bhj sdvdrdiyhoodbt tad doo`b`djby co h`r oicwtarcuma tad trhjspcrt uj t, wa`baj turj bhj rdsuit j tad hbtuhi

tdnpdrhturd jdvdr rdhba jm tadsdt pc jt.

@t s hisc dssdjt hi tc badberdmuihriy taht tad ghth icmmdrdqu`pndjt s ouiiy oujbt cjhi.Hs tdbajcicmy ahs gdvdicpdg jrdbdjt ydhrs, t s jcw pcss`kid tcncj tcr ta`s ghth rdnctdiy hjgdvdj ocr whrj jms tc kd rh`sdgwadj tdnpdrhturds oiubtuhtdujdxpdbtdgiy. Acwdvdr, subatdbajcicmy s co i ttid vhiudò tad ghth icmmdr tsdio s jctcpdrht cjhi.

\rd-phbe jm badbes hjgbcrrdbt phbe jm hisc pihy hj`npcrthjt rcid. Wad trhjspcrtuj t sacuig kd j mccg bcjg t cj,bidhj hjg ordd orcn cgcur. Wadbhrmc nust kd dvdjiy g`str`kutdgw ta gud bhrd thedj tc djsurdh ordd oicw co h`r hjg phiidtssthbedg shodiy hjg sdburdiy.

Brub`hiiy, bhrmc sacuig kdbccidg tc tad gds rdg bhrry jmtdnpdrhturd pr cr tc ichg jm. Wad

rddodr uj t s jct jtdjgdg tc bccibhrmc gcwj, ndrdiy tc nh jth jtad sdt pc jt tdnpdrhturd. Ht WWBiuk wd ahvd ocujg taht bhrmcphbedg ht didvhtdg tdnpdrhturdss cjd co tad idhg jm bhusds co

bhrmc bih`ns.]adrd bhrmcds hrd stcwdg

ht hj didvhtdg tdnpdrhturd,tad rdsuit s cotdj taht tadghth icmmdr w ii bcjt jud tcrdbcrg a`madr tahj dxpdbtdgtdnpdrhturds ocr hj dxtdjgdgpdr`cg tarcuma tad dhriy sthmdsco trhjs t.

]a id j scnd idss grhnht bdxhnpids tad tdnpdrhturds hjgrdbcrg jms gc rdhba sdt pc jthotdr h junkdr co acurs, wd ahvddxpdr`djbdg jsthjbds wadrdtad sdt pc jt tdnpdrhturd ss`npiy jdvdr hba`dvdg. Bhrmcdshrd bcjsdqudjtiy rdfdbtdg kytad bcjs`mjdd, idhv jm tadbhrr`dr j hj ujdjv`hkid pcs t cj

m`vdj taht ad ahs hgadrdg tcjstrubt cjs hjg hii a`s rdbcrgs

dv`gdjbd taht tad uj t whs sdtbcrrdbtiy.

Wad ghth icmmdr acwdvdr srdm`stdr jm hjg rdbcrg jm nubaa`madr tdnpdrhturds. Wad j t hiv`dw ociicw jm suba hj jb`gdjt`s cotdj taht tad dqu`pndjt sht ohuit. Wa`s, bcupidg w ta tadghth icmmdr rdbcrgs, prcv`gdtad bcjs`mjdd w ta h idm t nhtdhrmundjt tc rdfdbt tad bhrmc.

@j suba g`sputds, tad phrtyrdspcjs`kid ocr phbe jm bhrmc hthj jbcrrdbt tdnpdrhturd s`npiyrdnh js s idjt, rdiy jm cj tadghth icmmdr rdbcrgs hs h gdodjbdtc hjy pctdjt hi bih`n.

Warcuma pcst- jb`gdjtjvdst mht cjs wd hisc sdd

dv`gdjbd co ujdxpih jdg krdhes

j tad bcci bah j. ]adrd orczdjbhrmc hrd bcjbdrjdg, suba krdhesj tad bcci bah j bhj rdsuit j

orddzd-tahw hbt v ty, wa`ba bhjrdjgdr h bhrmc h tcthi icss gud tctad cjsdt co bd brysthii sht cj.

Ruba tdnpcrhry krdhes j tadbcci bah j bhj kd httr`kutdg tcgr`vdrs pays`bhiiy sw tba jm tadrddodr uj t coo gur jm rdst pdr`cgscr krdhes j pcwdr suppiykdtwddj ncgds co trhjspcrt.

]adj rujj jm, h rddodr uj t bhjkd jc`sy hjg tadrdocrd gòo`buittc siddp tarcuma5 wa ist tady hrdbdrth jiy nuba qu`dtdr wadjsw tbadg coo, tady tdjg tc kd idssdoodbt vd.

]a ist prdvdjt cj s kdttdrtahj burd, o ta jms gc mc wrcjmwadj gdhi jm w ta tdnpdrhturdsdjs t vd bhrmc, t nd s co taddssdjbd. W`ndiy jtdrvdjt cjhotdr hj ssud ahs kddjg`sbcvdrdg bhj ahvd h grhnht bdoodbt j n t mht jm h pctdjt hiicss.

Ourtadr, ociicw jm g`sbcvdry cohj ssud, hppc jt jm hj dxpdrt tchttdjg hjg hssdss h bhrmc wa`ba`s hiidmdg tc ahvd suoodrdgtdnpdrhturd hkusd bhj cotdjrdsuit j ht idhst h pcrt cj co tadbhrmc kd jm d tadr hbbdptdg crshvdg ky ndhjs co h shivhmdshid.

R`npid n`stheds ièdbcjous`jm Bdisùs hjg

Ohardjad`t bhj ahvd h aumd`nphbt cj tad bcjg`t`cj co

tad bhrmc.



RAC] ND WAD NCJDP!NC[D CJI@JD HWBCJWH@JD[RA@\\@JM.BCN


TJ@WDG Hrhk Ra`pp jm Bc ahsbicsdg h $8.;kj syjg`bhtdgnuit -trhjbad ichj ohb i ty tcadip o jhjbd ts crgdrkcce.

Wad ichj ohb i ty `s phrt co hihrmdr $8.=kj gdkt o jhjb jmrdihtdg tc THRB‐s $;.2kj bhp thidxpdjg turd prcmrhnnd ocr8= jdwku ig jms, jbiug jm 88

vdssdis co 87,<<< tdu hjg s`x81,<<< tdu sa`ps.Wad 8= vdssdis jbiugd 8<

vdssdis ocr wa`ba sa`pku ig jmbcjtrhbts wdrd s`mjdg — o`vd81,<<< tdu hjg o`vd 87,<<< tduvdssdis — hjg sdvdj cpt cjs.Wad cpt cjs hrd st ii kd jmbcjs`gdrdg.

Wad $8.;kj ohb i ty o jhjbds=4% co tad bcst co tad vdssdishjg `s bcnpr`sdg co h $720nbcnndrb`hi khje trhjbad, h$2<<n Rhug r`yhi dqu`vhidjttrhjbad hjg h $48;n trhjbad,04% muhrhjtddg ky Ecrdh Wrhgd@jsurhjbd.

@t bcvdrs sdvdj co tad 87,<<<tdu vdssdis hjg o`vd co tad81,<<< tdu sa`ps.

Wad $702n gdkt o jhjb jmocr tad rdnh j jm o`vd vdssdis `sdxpdbtdg tc kd sdburdg sacrtiyujgdr sdpdrhtd ohb i t ds.

THRB sh`g tad ohb i ty whscvdrsuksbr`kdg ky ;.; t nds. Hiitrhjbads hrd tc kd ouiiy rdph`gw ta j 8; ydhrs orcn grhwgcwj.

THRB ba`do o jhjb`hi coo`bdr

THRB RDBT[DR

ICHJ WCADI\ O@JHJBDJD]KT@IG@JMR$8.;kj ohbì`ty jhjbds =4%co tad bcst co tad vdssdis,wr tds Ghn`hj Krdtt

THRB‐s jdw vdssdis wìi kd scndco tad ncst tdbajcicm`bhiiy

hgvhjbdg hjg djv`rcjndjthiiy

or`djgiy bcjth`jdrsa`ps ydt kuìt.\actc6 G`dtnhr Ahsdjpusba

Khs i hi-Vh`g sh`g6 ’@j h bhp thi-jtdjs`vd jgustry i ed bcjth jdr

sa`pp jm, t `s br t bhi tc jvdstj jdw hssdts tc eddp up w ta

nhredt mrcwta hjg tc dxphjg.’Wad ujwhvdr jm bcnn tndjt

co cur sahrdacigdrs hs wdiihs tad dxbdiidjt suppcrt orcncur rdm`cjhi hjg jtdrjht cjhi

idjgdrs ahs kddj oujghndjthitc tad subbdssoui bics jm co ta`sohb i ty.

’Wad cvdrsuksbr`pt cj tc tadOhb i ty ky ;.; t nds hisc sacwstad o jhjb`hi strdjmta co THRB.„

Gdutsbad Khje hjg XhthrJht`cjhi Khje hbtdg hs fc`jtidhg ujgdrwr tdrs hjg idhgkccerujjdrs ocr tad ohb i ty.

Idjgdrs ocr tad $720ntrhjbad jbiugd XJK, HrhkKhje jm Bcrp, Hai Tj tdg Khjehjg Gdutsbad Khje, dhba hbt jmhs h nhjghtdg idhg hrrhjmdr.G_K Mrcup Ndrbahjt Khje (Hs`h)hjg KJ\ \hr`khs dhba hbtdg hshj hrrhjmdr.

Khje Rhug Orhjs ujgdrwrctdtad $2<<n trhjbad hjg hbtdghs kccerujjdr, bc-crg jht jmnhjghtdg idhg hrrhjmdr, ohb i tyhmdjt hjg hbbcujt acigdr.

Idjgdrs j tad $48;ntrhjbad, wa`ba whs sdburdgj n`g-Jcvdnkdr, jbiugdg

Brdg t Ru`ssd, wa`ba hbtdg hsbc-crg jht jm nhjghtdg idhghrrhjmdr, Khje co Hndr`bh,

Jht cjhi Hsscb`ht cj, @JM Khje,Icjgcj Krhjba hjg Rcb`àtàMàjàrhid, dhba co wa`ba hischbtdg hs h nhjghtdg idhghrrhjmdr.

Rthjghrg Bahrtdrdg Khje hbtdghs idhg hrrhjmdr wa id GdutsbadKhje, Acjm Ecjm Krhjba, KJ\\hr`khs Rdcui Krhjba hjg G_K

Mrcup Ndrbahjt Khje (Hs`h) dhbahbtdg hs hj hrrhjmdr.THRB prds`gdjt hjg ba`do

dxdbut vd coo`bdr Fcrj A jmd sh`g6’Hs tad THRB v`s`cj `s I je jmtad N`ggid Dhst tc tad ]crig,wd hpprdb`htd dspdb`hiiy tahtjundrcus rdm`cjhi N`ggid Dhstkhjes ahvd kddj jvcivdg jsuppcrt jm ta`s ohb i ty.

’]d hrd o`rst-ncvdrs w tatadsd ‑mrddj‐ jdwku ig jms tahtw ii kd dqu`ppdg ocr IJM gudioudi ocr tad o`rst t nd j tad icjm-ahui bcjth jdr trhgds.

’THRB `s prcug tc bcjt judts bcnn tndjt tc djdrmy

doo`b`djby hjg djv`rcjndjthior`djgi jdss.„

Ayujgh Adhvy @jgustr`dshjjcujbdg ht djg-Humust tahtt ahg wcj hj crgdr orcn THRB

tc ku ig o`vd 81,<<< tdu hjg o`vd87,<<< tdu sa`ps, w`ta cpt`cjsocr hjctadr 81,<<< tdu hjg s`x87,<<< tdu sa`ps.

Wad vdssdis, jbiug jm s`xujgdr bcjstrubt cj ht AA@ hjgtad rdst ht Ayujgh Rhnac Adhvy

@jgustr`ds, hj AA@ suks`g`hry, hrdgud ocr gdi vdry orcn Jcvdnkdr;<87 tc Fhjuhry ;<8?.

Wad pr`bd co tad 81,<<< tdujdwku ig jms `s bcjs`gdrhkiyncrd tahj tad hncujt Ba jhRa`pp jm `s phy jm ocr sa`ps cos`n ihr bhphb ty. Krcedrs ahvdjg`bhtdg h pr`bd bicsd tc $84<n

hp`dbd hmh jst Ba jh Ra`pp jm‐s$82?.4n.Acwdvdr, tad vdssdis

w ii kd scnd co tad ncsttdbajcicm`bhiiy hgvhjbdghjg djv`rcjndjthiiy or`djgiybcjth jdrsa`ps ydt ku it.

Ocr jsthjbd, tady hrdprdphrdg ocr dhsy rdtrco tt jm ocrus jm IJM oudi j tad outurd. NrA jmd sh`g j Cbtckdr tady bcuigkd sw tbadg tc IJM ’vdr dhriy jtad`r i odsphj„.

Wad gdb`g jm ohbtcr w ii kd tadhvh ihk i ty co IJM oudi, kut cjbdtad jdbdsshry jorhstrubturd `s jpihbd ht d tadr djg co tad Hs`h-Durcpd trhgds wadrd tad sa`psw ii kd gdpicydg, THRB w ii kdrdhgy tc nhed tad bahjmd.

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Documents

Tạp chí containerisation informa_ci_20140102.pdf