New pro-European coalition approved in Romania amid period of political turmoilThiruvananthapuram, Nov 30 (IANS): After close to two decades, factionalism has raised its head again in the Kerala unit of the ruling CPI-M, with various incidents reported from at least four places across the state. The incidents were reported from Alappuzha, Kollam, Pathanamthitta, and Palakkad. At Kollam, CPI-M state Secretary M.V.Govindan arrived at the party district headquarters on Saturday and after a long discussion with the local leaders, came out and said "certain undesirable things" had happened here. "The Karunagapally area committee has been disbanded and an ad hoc committee will now oversee the affairs of the party. They will take the appropriate decisions on what has happened here and actions will be there," he said. When Govindan was discussing the issue at Kollam, in Kozhinjapara at Palakkad, a strong group of CPI-M workers opened a new parallel office of the party in the name of the legendary Communist E.M.S. Namboodiripad. At Thiruvalla in the Pathanamthitta district, things did not appear good for the otherwise disciplined cadre party when a local uprising started giving a headache to the state leadership and a local party meeting had to be stopped due to serious differences of opinion breaking out. At Alappuzha in Ambalapuzha, two-time State Minister G.Sudhakaran on Saturday found out that he was not invited to the local meeting at the party office, next door to his home. But CPI-M's district Secretary R. Nassar said that since Sudhakaran is a senior leader, they invite him to only important events. Meanwhile, the CPI-M got a shock when one of its hugely popular youth faces in Alappuzha and district panchayat member, Bipin C. Babu joined the BJP. State BJP President K. Surendran said this is just the beginning and soon there will be many more CPI-M members joining the BJP. But, Nassar said that Babu had faced party action in the past and "nothing more needs to be looked into his exit". The last time this sort of factionalism happened was almost two decades back when present Chief Minister - and then state Secretary - Pinarayi Vijayan headed the very dominant group, while the other faction, though of a minuscule strength, was led by the then Chief Minister V.S.Achuthanandan. However, a political analyst maintained that what happened between Vijayan and Achuthanandan cannot be equated to what’s happening now. "At that time, everything rallied around these two towering party leaders. What’s happening now is totally different and if not curtailed, it could lead to serious repercussions as never before has one seen party members marching on the streets and washing dirty linen in public. More importantly, this indiscipline is taking place at the grassroots, which incidentally is the strongest strata in the cadre party," said the analyst who did not want to be identified. What has irked the top brass of the state leadership is this is happening when the state party conference is to be held at Kollam early next year and to be followed up by the Party Congress at Madurai in neighbouring Tamil Nadu in April next year.
A series of sectoral meetings concluded in Caracas on Thursday (November 28), with a declaration calling for the establishment of a global anti-fascist movement to coordinate responses to the acceleration of aggressive imperial actions against the international progressive movement. Some 1,200 delegates from 76 countries gathered in Caracas for the final of a series of meetings that saw youth, students, women, parliamentarians and representatives of governments, political forces and social movements discuss how peace-loving and anti-war movements everywhere should respond to the increasing levels of repression by right-wing fascist, Zionist, colonialist and racist forces globally. From Palestine to Iran, Zimbabwe to Sudan, Argentina, Brazil, Chile, Dominica, Jamaica and Saint Lucia, delegates made cases for solidarity, cooperation and assistance to draw attention to and support for their respective struggles in The Americas, Africa, Asia, The Arab World, Europe, The Pacific and The Caribbean. Sharing information about their respective struggles and creating new friends and allies, delegates discussed for two days (November 27 and 28) how best to consolidate their efforts to continue sharing experiences and unite their struggles in a common front against the international imperial order. Just days earlier, youth and students from across Latin America and the Caribbean joined counterparts from across the world, including social movements and global political forces, at the same venue in Caracas, where they were addressed by Venezuelan President Nicolas Maduro. Thursday’s closing conference was addressed by the Executive Secretary of the Bolivarian Alternative for the Americas (ALBA) Jorge Areazza and President of Venezuela’s National Assembly Jorge Rodriguez. The closing session was also addressed by Dr Aeandro Javier Rusconi, ALBA’s International relations secretary and Saint Lucia’s Ambassador to Venezuela and ALBA, Peter Lansiquot. Areazza traced the developments leading to the formation of ALBA, which followed efforts by the USA to establish a Free Trade Area of the Americas (FTAA) that was loudly and strongly opposed by then Venezuela President Hugo Chavez. ALBA was created 20 years ago, but Areazza pointed out that it was the joining by the independent nations of the Caribbean Community (CARICOM) and the Organization of Eastern Caribbean States (OECS) that made the significant difference that allowed ALBA “to transform from an Alternative to an Alliance, unlike any other regional grouping.” He pointed out that “no other regional integration movement does what the Latin American and Caribbean alliance is doing through ALBA, as it’s founded on the bases of provision of health, education and energy for the peoples of Our Americas and The Caribbean.” The ALBA official was referring to university scholarships given to tens of thousands of Caribbean and Latin American students to study in Cuba and Venezuela, health care through such movements as the ongoing ‘Miracle’ (‘Milagro’) eye care programme by Cuba and Venezuela that’s treated scores of thousands of Latin American and Caribbean citizens, as well as the PetroCaribe project that combined energy assistance to Caribbean and Latin American nations with creation of a Free Trade Area and Zone of Peace. He traced the formation of ALBA to the early and determined historical efforts of Simon Bolivar, Hugo Chavez and Fidel Castro, who he described as having been “born before their time” and said the formation of the alternative alliance paved the way towards creation of an international anti-fascist alliance through national chapters across the region and the world. National Assembly President Rodriguez delivered greetings from President Maduro and the leadership of the government and ruling Venezuela Socialist Unity Party (PSUV) and thanked the global progressive movement for its support during the July 28 presidential elections that saw President Maduro returned a third time since Chavez’s death in 2013. He hit back at those who describe Venezuela’s robust approach to defence of its sovereignty as ‘extremist’, saying: “We are extreme because we will always fight fascism to death... and because being wishy-washy against fascism is like trying to treat cancer with aspirins.” Rodriguez explained that in response to the recent passage of US law to further strengthen the crippling sanctions against Venezuela, the South American nation’s parliament will soon pass a “Simon Bolivar Law for Defence of the Sovereignty of our Homeland and People” that will be “without restrictions against any country or entity that imposes sanctions against Venezuela.” He said Caracas “cannot remain indifferent to criminal attacks on Palestine by Israel and/or faced with barbarism and murder through invasions of other nations by those that also promote invasion of Venezuela.” The National Assembly president said, “We have no alternative but to continue struggling” and called on the global anti-fascist movement to “remain united and working for continuing progress, because we shall overcome.” Saint Lucia’s Ambassador Lansiquot addressed the closing ceremony – in Spanish – reporting on the progress of continuing efforts to establish national and regional chapters of the international anti-fascist movement in Saint Lucia and other CARICOM and OECS nations. The conference ended with the adoption of a 20-point Final Declaration that outlined the many objectives and intentions associated with the establishment of the international anti-fascist movement with Venezuela as its operational headquarters, from solidarity with ongoing struggles in various parts of the world to establishment of national, regional and international structures to ensure its smooth functioning. The declaration also reaffirmed the support of social movements and progressive political forces for the creation of a Palestinian State, opposed the use of NATO weapons in Ukraine, promised creation of a Think Tank to monitor the forces promoting fascism worldwide and of an Executive Secretariat of the International Anti-fascist Movement, also in Caracas. The declaration called for a meeting of international and regional intellectuals to develop a Caracas Anti-fascist Forum and the establishment of a body of jurists to provide legal bases for the activities of the global movement. It called for the creation of national chapters in each of the 76 nations represented by delegates attending the international conference in Caracas. The conference ended with a Caribbean and Latin American cultural performance.
D Gukesh vs Ding Liren: Indian GM trails in head-to-head but current form gives him the edgeATLANTA , Dec. 12, 2024 /PRNewswire/ -- Cousins Properties Incorporated (the "Company" or "Cousins") (NYSE:CUZ) announced today that its operating partnership, Cousins Properties LP (the "Operating Partnership"), has priced an offering of $400 million aggregate principal amount of 5.375% senior unsecured notes due 2032 at 99.463% of the principal amount. The offering is expected to close on December 17, 2024 , subject to the satisfaction of customary closing conditions. Cousins intends to use the net proceeds from the offering to fund a portion of the purchase price of 601 West 2nd Street, also known as Sail Tower, an 804,000 square foot trophy lifestyle office property in Austin (the "Sail Tower Acquisition"), and the remainder to repay borrowings under its credit facility and for general corporate purposes. In the event the Sail Tower Acquisition is not completed, Cousins will use the net proceeds from the offering for general corporate purposes, including the acquisition and development of office properties, other opportunistic investments and the repayment of debt. The notes will be fully and unconditionally guaranteed on a senior unsecured basis by the Company. J.P. Morgan, Truist Securities, US Bancorp, BofA Securities, Morgan Stanley, PNC Capital Markets LLC, TD Securities and Wells Fargo Securities are acting as joint book-running managers. A shelf registration statement relating to these securities is effective with the Securities and Exchange Commission. The offering may be made only by means of a prospectus supplement and accompanying prospectus. Copies of these documents may be obtained by contacting J.P. Morgan Securities LLC, 383 Madison Avenue, New York, New York , 10179, Attention: Investment Grade Syndicate Desk, 3rd Floor, telephone collect at 1-212-834-4533; Truist Securities, Inc., Attention: Prospectus Department, 303 Peachtree Street, Atlanta, GA 30308, telephone: 800-685-4786, or e-mail: TruistSecurities.prospectus@Truist.com ; or U.S. Bancorp Investments, Inc., Attention: High Grade Syndicate, 214 North Tryon Street, 26th Floor, Charlotte, NC 28202, or by telephone at: (877) 558-2607. Electronic copies of these documents are also available from the Securities and Exchange Commission's website at www.sec.gov . This press release is neither an offer to purchase nor a solicitation of an offer to sell the notes, nor shall it constitute an offer, solicitation or sale in any state or jurisdiction in which such offer, solicitation or sale is unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. About Cousins Properties Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust ("REIT"). The Company, based in Atlanta, GA and acting through the Operating Partnership, primarily invests in Class A office buildings located in high growth Sun Belt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing, and management of high-quality real estate assets. The Company has a comprehensive strategy in place based on a simple platform, trophy assets, and opportunistic investments. Forward-Looking Statements Certain matters contained in this press release are "forward-looking statements" within the meaning of the federal securities laws and are subject to uncertainties and risks, as itemized in Item 1A included in the Company's Annual Report on Form 10-K for the year ended December 31, 2023 and in the Company's Quarterly Reports on Form 10-Q for the quarters ended June 30, 2024 and September 30, 2024 . These forward-looking statements include information about the Company's possible or assumed future results of the business and the Company's financial condition, liquidity, results of operations, plans, and objectives. They also include, among other things, statements regarding subjects that are forward-looking by their nature, such as: guidance and underlying assumptions; business and financial strategy; future debt financings; future acquisitions and dispositions of operating assets or joint venture interests; future acquisitions and dispositions of land, including ground leases; future acquisitions of investments in real estate debt; future development and redevelopment opportunities; future issuances and repurchases of common stock, limited partnership units, or preferred stock; future distributions; projected capital expenditures; market and industry trends; future occupancy or volume and velocity of leasing activity; entry into new markets, changes in existing market concentrations, or exits from existing markets; future changes in interest rates and liquidity of capital markets; and all statements that address operating performance, events, investments, or developments that we expect or anticipate will occur in the future — including statements relating to creating value for stockholders. Any forward-looking statements are based upon management's beliefs, assumptions, and expectations of our future performance, taking into account information that is currently available. These beliefs, assumptions, and expectations may change as a result of possible events or factors, not all of which are known. If a change occurs, our business, financial condition, liquidity, and results of operations may vary materially from those expressed in forward-looking statements. Actual results may vary from forward-looking statements due to, but not limited to, the following: the availability and terms of capital and our ability to obtain and maintain financing arrangements on terms favorable to us or at all; the ability to refinance or repay indebtedness as it matures; any changes to our credit rating; the failure of purchase, sale, or other contracts to ultimately close; the failure to achieve anticipated benefits from acquisitions, developments, investments, or dispositions; the effect of common stock or operating partnership unit issuances, including those undertaken on a forward basis, which may negatively affect the market price of our common stock; the availability of buyers and pricing with respect to the disposition of assets; changes in national and local economic conditions, the real estate industry, and the commercial real estate markets in which we operate (including supply and demand changes), particularly in Atlanta , Austin , Tampa , Charlotte , Phoenix , Dallas , and Nashville , including the impact of high unemployment, volatility in the public equity and debt markets, and international economic and other conditions; threatened terrorist attacks or sociopolitical unrest such as political instability, civil unrest, armed hostilities, or political activism, which may result in a disruption of day-to-day building operations; changes to our strategy in regard to our real estate assets may require impairment to be recognized; leasing risks, including the ability to obtain new tenants or renew expiring tenants, the ability to lease newly-developed and/or recently acquired space, the failure of a tenant to commence or complete tenant improvements on schedule or to occupy leased space, and the risk of declining leasing rates; changes in the preferences of our tenants brought about by the desire for co-working arrangements, trends toward utilizing less office space per employee, and the effect of employees working remotely; any adverse change in the financial condition or liquidity of one or more of our tenants or borrowers under our real estate debt investments; volatility in interest rates (including the impact upon the effectiveness of forward interest rate contract arrangements) and insurance rates; inflation; competition from other developers or investors; the risks associated with real estate developments (such as zoning approval, receipt of required permits, construction delays, cost overruns, and leasing risk); supply chain disruptions, labor shortages, and increased construction costs; risks associated with security breaches through cyberattacks, cyber intrusions or otherwise, as well as other significant disruptions of our information technology networks and related systems, which support our operations and our buildings; changes in senior management, changes in the Company's board of directors, and the loss of key personnel; the potential liability for uninsured losses, condemnation, or environmental issues; the potential liability for a failure to meet regulatory requirements, including the Americans with Disabilities Act and similar laws or the impact of any investigation regarding the same; the financial condition and liquidity of, or disputes with, joint venture partners; any failure to comply with debt covenants under debt instruments and credit agreements; any failure to continue to qualify for taxation as a real estate investment trust or meet regulatory requirements; potential changes to state, local, or federal regulations applicable to our business; material changes in dividend rates on common shares or other securities or the ability to pay those dividends; potential changes to the tax laws impacting real estate investment trusts and real estate in general; risks associated with climate change and severe weather events, as well as the regulatory efforts intended to reduce the effects of climate changes and investor and public perception of our efforts to respond to the same; the impact of newly adopted accounting principles on our accounting policies and on period-to-period comparisons of financial results; risks associated with possible federal, state, local, or property tax audits; and those additional risks and environmental or other factors discussed in reports filed with the Securities and Exchange Commission by the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company cannot guarantee the accuracy of any such forward-looking statements contained in this press release, and the Company does not intend to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Contacts Roni Imbeaux Vice President, Finance and Investor Relations 404-407-1104 rimbeaux@cousins.com View original content: https://www.prnewswire.com/news-releases/cousins-properties-announces-pricing-of-senior-notes-offering-302330787.html SOURCE Cousins Properties
Skating smiles as Jonas Brodin and Mats Zuccarello return to practicePresident-elect Donald Trump rang the opening bell Thursday at the New York Stock Exchange after being recognized for the second time by Time magazine as its person of the year. The honors for the businessman-turned-politician are a measure of Trump's remarkable comeback from an ostracized former president who refused to accept his election loss four years ago to a president-elect who won the White House decisively in November. Before he rang the opening bell at 9:30 a.m., a first for him, Trump spoke at the exchange and called it “a tremendous honor.” “Time magazine, getting this honor for the second time, I think I like it better this time actually,” he said. Trump, accompanied by his wife, Melania Trump, daughters Ivanka and Tiffany and Vice President-elect JD Vance, grinned as people chanted “USA” before he opened the trading day. He then raised his fist. In his remarks, he talked up some of the people he has named to his incoming administration, including Treasury pick Scott Bessent, and some of his announced policies, including a promise this week that the federal government will issue expedited permits, including environmental approvals, for projects and construction worth more than $1 billion. “I think we’re going to have a tremendous run. We have to straighten out some problems, some big problems in the world,” he said. Sam Jacobs, Time's editor in chief, announced on NBC's “Today” show that Trump was Time’s 2024 Person of the Year. Jacobs said Trump was someone who “for better or for worse, had the most influence on the news in 2024.” “This is someone who made an historic comeback, who reshaped the American presidency and who’s reordering American politics," Jacobs said. "It’s hard to argue with the fact that the person who’s moving into the Oval Office is the most influential person in news." In an interview with the magazine published Thursday, Trump spoke about his final campaign blitz and election win. “I called it ‘72 Days of Fury,’” Trump said. “We hit the nerve of the country. The country was angry.” Trump was on Wall Street to mark the ceremonial start of the day’s trading. The Time magazine cover featuring him was projected onto a wall at the stock exchange, flanked by American flags. Trump took the stage at the exchange flanked by family members and members of his incoming administration while his favored walk-on song, “God Bless the U.S.A.,” played. Trump was also Time's Person of the Year in 2016, when he was first elected to the White House. He was listed as a finalist for this year’s award alongside notables including Vice President Kamala Harris, X owner Elon Musk, Israeli Prime Minister Benjamin Netanyahu and Kate, the Princess of Wales. Jacobs, in making the announcement Thursday, said that “there’s always a hot debate” at the magazine over the honor, “although I have to admit that this year was an easier decision than years past.” The NYSE regularly invites celebrities and business leaders to participate in the 9:30 a.m. ceremonial opening trading. Thursday will be Trump's first time doing the honors, which have become a marker of culture and politics. Trump has long had a fascination with being on the cover of Time, where he first made an appearance in 1989. He has falsely claimed to hold the record for cover appearances, and The Washington Post reported in 2017 that Trump had a fake picture of himself on the cover of the magazine hanging in several of his golf country clubs. Earlier this year, Trump sat for interviews with the magazine for a story that ran in April. Time’s billionaire owner, Salesforce CEO Marc Benioff, criticized Harris for not granting the magazine an interview during her campaign with Trump. In his latest interview published Thursday, Trump reiterated that he’s going to pardon most of those convicted in riot at the U.S. Capitol on Jan. 6, 2021. “It’s going to start in the first hour,” he said of the pardons. “Maybe the first nine minutes.” Trump said he would not ask members of his administration to sign a loyalty pledge. “I think I will be able to, for the most part, determine who’s loyal,” he said. But he said he will fire anyone who doesn’t follow his policies. On the war in Gaza, Trump said he wants to end the conflict and that Netanyahu knows it. When Trump was asked whether he trusted Netanyahu, he told Time: “I don’t trust anybody.” The incoming president also discussed his plans for mass deportations and argued he will have the authority to use the military to assist with the effort, even though, as the magazine notes, the Posse Comitatus Act forbids the deployment of the military against civilians. “It doesn’t stop the military if it’s an invasion of our country,” he said. “I’ll only do what the law allows, but I will go up to the maximum level of what the law allows.” Trump crafted his image as a wealthy real estate developer, which he played up as the star of the TV reality show “The Apprentice” and during his presidential campaign. He won the election in part by channeling Americans' anxieties about the economy’s ability to provide for the middle class. In an interview on CNBC after he rang the bell, Trump likened the broad cuts to the federal workforce that he and his advisers have telegraphed to the TV firings he made of contestants. “We're going to be doing the same thing, I can tell you. Unfortunately, there's too many of them," Trump said. Afterward, he walked the floor of the exchange and shook hands with traders. Associated Press writers Colleen Long and Josh Boak in Washington and Jill Colvin and David Bauder in New York contributed to this report.cbdMD Announces Company's CEO Joins the Board of Directors
Demand growing for eco-friendly materials, energy-efficient solutions in luxury home interiors: Aashita ChadhaThe move could usher in an end to a protracted political crisis in the European Union country following the annulment of a presidential election by a top court. Parliament approved the new administration in a 240-143 vote in Romania’s 466-seat legislature. The new coalition is made up of the leftist Social Democratic Party (PSD) the centre-right National Liberal Party (PNL), the small ethnic Hungarian UDMR party and national minorities. It caps a month-long period of turmoil in which far-right nationalists made significant gains in a parliamentary election on December 1 a week after a first-round presidential race saw the far-right outsider Calin Georgescu emerge as the front-runner. “It will not be an easy mandate for the future government,” Mr Ciolacu, whose PSD party topped the polls in the parliamentary election, said in a statement. “We are aware that we are in the midst of a deep political crisis,” he said. “It is also a crisis of trust, and this coalition aims to regain the trust of citizens, the trust of the people.” Romania’s 16 ministerial positions will be shared among the parties, which will hold a slim majority in the legislature. It is widely seen as a tactical partnership to shut out far-right nationalists whose voices found fertile ground amid high living costs and a sluggish economy. Mr Ciolacu, who came third in the first-round presidential ballot despite polls indicating he would win the most votes, has served as prime minister since June 2023. After parliament’s approval, President Klaus Iohannis swore in the new government and warned the new Cabinet that it is entering a “difficult new period” in which “for many Romanians, there are major concerns”. Romania was plunged into turmoil after Mr Georgescu’s surprise success in the presidential race, after allegations of electoral violations and Russian interference emerged. Days before the December 8 run-off, the Constitutional Court made the unprecedented move to annul the presidential race. “We go through complicated times, but I think we all learned from mistakes of the past,” Mr Ciolacu said. “I hope that together with my colleagues in the coalition, we’ll find the best solutions to get past the challenges we have in front of us.” Mr Ciolacu said that the new government would aim to quickly organise the rerun of the presidential election in which the new coalition has agreed to put forward an agreed common pro-European candidate. Cristian Andrei, a political consultant based in Bucharest, said that the new government made up of the same political parties will likely embrace “soft populist” rhetoric such as economic patriotism, anti-austerity, and a peace solution in neighbouring Ukraine to counter the rise of far-right populism. “This will be a way to answer the concerns of many Romanians who voted for populists... but will not solve the fundamental problem of trust,” he said. “The only decisive factor now will be who and how convincing the pro-European candidates will be against this popular revolt.” George Simion, the leader of the far-right Alliance for the Unity of Romanians, which came second in the parliamentary election, said that all politicians from his party on Monday would vote against the Ciolacu government. In 2021, the PSD and the PNL also formed an unlikely but increasingly strained coalition together with UDMR, which exited the Cabinet last year after a power-sharing dispute.
New pro-European coalition approved in Romania amid period of political turmoilKeir Starmer to set out ‘plan for change’ with ‘milestones’ for key missionsBryce Thompson scored 17 points and achieved a milestone as Oklahoma State defeated Miami 80-74 on Friday afternoon in a Charleston Classic consolation game in Charleston, S.C. Thompson made 6-of-14 shots from the floor, surpassing 1,000 points for his career at Oklahoma State (4-1), which also got 15 points from Marchelus Avery. The Cowboys won in large part thanks to their impressive 3-point shooting (10-for-22, 45.5 percent). Oklahoma State backup guard Arturo Dean, a Miami native, posted eight points and one steal. He led the nation in steals last season while playing for Florida International. Miami (3-2) has lost two straight games in Charleston, failing to take a lead at any point. They will play on Sunday against either Nevada or VCU. The Hurricanes on Friday were led by Nijel Pack, who had a game-high 20 points. Brandon Johnson had a double-double for Miami with 12 points and 10 rebounds. Matthew Cleveland scored 11 points and Lynn Kidd and Paul Djobet added 10 points apiece for Miami. Miami, which fell behind 7-0 in Thursday's loss to Drake, got behind 9-0 on Friday as Abou Ousmane scored six of his eight points. Oklahoma State stretched its lead to 18 before settling for a 43-27 advantage at the break. Pack led all first-half scorers with 10 points, but Miami shot just 29.6 percent from the floor, including 3-of-13 on 3-pointers (23.1). Oklahoma State shot 48.4 percent, including 8-for-15 on 3-pointers (53.3 percent) before intermission. The Cowboys also had a 14-8 edge in paint points. In the second half, Miami closed its 20-point deficit to 55-42 with 12:12 left. Miami got a bit closer as two straight short jumpers by Kidd, trimming the deficit to 73-62 with 3:25 to play. The Hurricanes cut it to 77-70 on Pack's 3-pointer with 34 seconds remaining, but the Cowboys hit their free throws to close out the win. --Field Level Media
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