Browse content similar to 04/11/2011. Check below for episodes and series from the same categories and more!
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The world watches as Greece waivers on a political knife-edge. The | :00:10. | :00:15. | |
Prime Minister is fighting to save his job. With the future of the | :00:15. | :00:19. | |
euro tied to events in Athens, the G20 leaders make an appeal to | :00:19. | :00:27. | |
Greece. National unity is key. It is really | :00:27. | :00:30. | |
needed, a strong commitment of the main forces to solve the current | :00:30. | :00:40. | |
:00:40. | :00:47. | ||
Welcome. Also in the programme, seven | :00:47. | :00:51. | |
workers are rescued, 50 remain trapped underground after an | :00:51. | :00:56. | |
accident at a coal mine in China. And, the head of a report on | :00:56. | :01:02. | |
Tehran's nuclear activities, we ask is -- is a miniature strike is | :01:02. | :01:09. | |
getting closer. It is 12:30pm in London, and 2:30pm | :01:09. | :01:13. | |
in Athens, where the Greek government is sunk in political | :01:13. | :01:18. | |
chaos. The Prime Minister faces a confidence vote in parliament in a | :01:18. | :01:22. | |
few hours. After an extraordinary series of about turns in the last | :01:22. | :01:27. | |
48 hours, the outcome is impossible to predict. It is clear that his | :01:27. | :01:32. | |
plan for a referendum on the latest bail-out plan seems to be off. Who | :01:32. | :01:38. | |
will run Greece tomorrow? What will they economic strategy be? | :01:38. | :01:41. | |
Continued deep uncertainty in the eurozone and the world economy. We | :01:41. | :01:46. | |
will hear from the summit in France in a moment, but first, the latest | :01:46. | :01:51. | |
from Athens. It reads, game over. After all of | :01:51. | :01:57. | |
the uncertainty, or of the speculation of the last few days, | :01:57. | :02:01. | |
confidence in George Papandreou is plummeting fast. All eyes are now | :02:01. | :02:06. | |
on a confidence vote, to be held in the Greek parliament tonight. It | :02:06. | :02:11. | |
could be tight. For now, he has a majority of two. A handful of his | :02:11. | :02:15. | |
MPs have warned they would vote against him because of his plan to | :02:15. | :02:19. | |
hold a referendum on the latest deal for Greece. That would spell | :02:19. | :02:24. | |
disaster for him. But at least one of those has withdrawn her threat | :02:24. | :02:28. | |
to rebel after the referendum idea appears to have been shelved. | :02:28. | :02:33. | |
Speaking in parliament last night, he called for support and suggested | :02:33. | :02:38. | |
a new national unity government could be formed afterwards. | :02:38. | :02:42. | |
TRANSLATION: The vote of confidence is the guarantee for how we will | :02:42. | :02:48. | |
move forward. We will discuss with the opposition parties and pour the | :02:48. | :02:52. | |
groups as to how we can co-operate if they want to do so. With the | :02:52. | :02:57. | |
opposition calling for him to go, any grand coalition may need a new | :02:57. | :03:03. | |
man at the top. What is most important is to have stability. The | :03:03. | :03:09. | |
same is also applicable for Europe. Right now, the Government is | :03:09. | :03:15. | |
unstable, both within Greece and also for Europe and the eurozone. | :03:15. | :03:19. | |
That is why this political crisis spreads beyond Greece. Instability | :03:19. | :03:24. | |
here means markets elsewhere plummet, and the fear of contagion | :03:24. | :03:28. | |
to do they eurozone countries remains high. Among ordinary Greeks, | :03:28. | :03:34. | |
anger and frustration. I only want elections, says this man. What is | :03:34. | :03:40. | |
going on his psychotic, a disgrace, he has to go. I want a national | :03:40. | :03:44. | |
unity government, she says, a coalition government, with the | :03:44. | :03:48. | |
fewest useless politicians possible. George Papandreou faces another | :03:48. | :03:53. | |
future Test in that building behind me. Will he scraped through all be | :03:53. | :03:58. | |
brought down by his own MPs? Whatever happens tonight, the | :03:58. | :04:01. | |
opposition must will demand his resignation. The pressure on him to | :04:01. | :04:06. | |
stand aside might prove too great. George Papandreou is an | :04:06. | :04:09. | |
unpredictable bad, nobody is sure of what his next move will be. He | :04:09. | :04:14. | |
has played a high-stakes gamble, but his luck may just be running | :04:14. | :04:24. | |
:04:24. | :04:33. | ||
So much uncertainty in Athens, and Let me ask you, do you believe that | :04:33. | :04:43. | |
:04:43. | :04:48. | ||
George Papandreou's days as Prime I do not know. I do not know where | :04:48. | :04:55. | |
we are Donorlink, but what a sure is that all of us are surprised. | :04:55. | :05:05. | |
:05:05. | :05:06. | ||
Everybody wondered why the Prime Minister asked for a referendum. | :05:06. | :05:11. | |
When we already had attention in that the society -- we already had | :05:11. | :05:18. | |
tension. Was this necessary? That is the big question in front of us. | :05:18. | :05:24. | |
After this, everything is open at the moment. We expect that tomorrow | :05:24. | :05:33. | |
morning we will face a new reality. We hope that that will be in the | :05:33. | :05:40. | |
direction to have a movement to a better Europe, to a better society | :05:40. | :05:47. | |
in Europe. We never said that we do not accept... I want to ask you | :05:47. | :05:52. | |
what that really means. When you cut through all of the politics and | :05:52. | :05:59. | |
confusion, what matters is, are ordinary Greeks prepared to bite | :05:59. | :06:04. | |
into the austerity package that is the basis of the bail-out deal? To | :06:04. | :06:08. | |
you think you are prepared to say that you are on side with that | :06:08. | :06:18. | |
:06:18. | :06:20. | ||
We did not say anything about the deal. The loan package was accepted | :06:20. | :06:30. | |
:06:30. | :06:30. | ||
from all of society. What is not acceptable what these funds but -- | :06:30. | :06:36. | |
these unbalanced measures. The government only follow one strong | :06:36. | :06:45. | |
and hard policy, and this policy was to ask for more taxes, to cut | :06:45. | :06:52. | |
our wages and our pensions, just to change the social model that we | :06:52. | :07:00. | |
have worked hard to build. We want to have a common policy, a fair | :07:00. | :07:06. | |
policy, and nothing different. That is what we are fighting for. The | :07:06. | :07:11. | |
package is acceptable, but we need additional roles, who can protect | :07:11. | :07:21. | |
society? In the parter of George Papandreou -- party of George | :07:21. | :07:25. | |
Papandreou, there are so many different voices. Everybody is | :07:25. | :07:35. | |
against this policy. Thank you for joining us. Let's go to France, the | :07:35. | :07:42. | |
sight of the G20 summit. The whole point of this summit was to take | :07:42. | :07:45. | |
measures to reassure the world that the global economy could be put | :07:45. | :07:49. | |
back on track. To what extent do you think they have succeeded, | :07:49. | :07:56. | |
given what they have had to watch unfolding in Athens? They have had | :07:56. | :08:00. | |
to put the agenda of this summit to one side and concentrate on what is | :08:00. | :08:05. | |
happening in Athens. The nude descending on the summit is as grey | :08:05. | :08:09. | |
as the sky behind me, they do not think it has achieved very much, | :08:09. | :08:16. | |
hardly surprising. We have had comments from Angela Merkel, she | :08:16. | :08:20. | |
said that the G20 has failed to agree on the extra resources for | :08:20. | :08:25. | |
the IMF. We knew already they wanted to try to bolster the war | :08:25. | :08:28. | |
chest of the IMF, they have not been able to come up with a figure | :08:28. | :08:33. | |
or get any real commitment from the bigger global economies. She said | :08:33. | :08:40. | |
that hardly any G20 countries have said they will participate in the | :08:40. | :08:46. | |
European bail-out fund. They had planned to expand it under the | :08:46. | :08:50. | |
agreement made last week. It is crucial they get that investment, | :08:50. | :08:55. | |
because they are talking about a one trillion euro to cover the | :08:55. | :08:59. | |
debts of Italy, Greece and Spain, but with no investment from outside, | :08:59. | :09:03. | |
what will the markets make of that? Already, the euro is falling | :09:03. | :09:11. | |
against the dollar, and we have seen the German bond futures rising, | :09:11. | :09:16. | |
at the expense of Italian bond futures. Pessimism on the markets | :09:16. | :09:21. | |
about what has been achieved. tempted to say, so much for the | :09:21. | :09:26. | |
G20! The whole point was for Europe to appeal for help from the newly | :09:26. | :09:31. | |
powerful economies, China, Brazil, and the United States, but far from | :09:31. | :09:38. | |
being unity, it seems there is disunity. I do not think you can | :09:38. | :09:43. | |
underestimate just how frustrated Angela Merkel and Nicolas Sarkozy | :09:43. | :09:47. | |
are, not just with George Papandreou but also that Silvio | :09:47. | :09:51. | |
Berlusconi. This is a really difficult relationship. They called | :09:51. | :09:58. | |
him into a Mini summit last night, they invited Barack Obama to | :09:58. | :10:02. | |
eyeball him, to impress on him how serious they take this. They do not | :10:02. | :10:09. | |
feel he is getting to grips with the programme. Apparently, he was | :10:09. | :10:13. | |
offered a 44 billion euro crutch, a credit line to support the Italian | :10:13. | :10:17. | |
economy. He turned it down because he was frightened of the stigma | :10:17. | :10:21. | |
that would be attached to it. He would be seen as a failure at home. | :10:21. | :10:25. | |
He thinks there is already too much interference in Italian budget | :10:25. | :10:31. | |
making. He turned down that credit line, but he has accepted the IMF | :10:31. | :10:37. | |
can oversee the austerity programme they have. We will see what the | :10:37. | :10:40. | |
Italian parliament make of that, but here, they are far from | :10:40. | :10:45. | |
impressed. Fascinating stuff. We will keep you | :10:45. | :10:55. | |
:10:55. | :10:55. | ||
The other stories. Syrian tank fire killed at least | :10:55. | :11:00. | |
two people in the city of Homs early on Friday, according to human | :11:00. | :11:04. | |
rights activists. Violence has continued despite Arab League | :11:04. | :11:06. | |
claims of a civilian government pledged to pull back troops and | :11:06. | :11:11. | |
begin talks with the opposition. The United States has warned a | :11:11. | :11:14. | |
group of pro-Palestinian activists not to try to break the Israeli | :11:14. | :11:18. | |
blockade of Gaza. The activists from the USA and eight other | :11:18. | :11:23. | |
countries to set sail on Wednesday, aboard two yachts, carrying medical | :11:23. | :11:27. | |
supplies. The Israeli military have said it will not allow them to | :11:27. | :11:33. | |
bridge the blockade. Six men who spent time in isolation | :11:33. | :11:36. | |
on a mock mission to Mars have emerged from their cut short in a | :11:36. | :11:42. | |
Moscow where house. For 17 months, their every team mirrored life in a | :11:42. | :11:46. | |
real space ship. The project tested how their minds and bodies would | :11:46. | :11:50. | |
cope on a long-haul flight. Several miners have been pulled out | :11:50. | :11:53. | |
alive after being trapped underground following an accident | :11:53. | :11:58. | |
as a coal mine in China. Rescuers are searching for 50 more who are | :11:58. | :12:04. | |
still missing. Four men have died in the blast. The explosion | :12:04. | :12:10. | |
happened in Simon Shaw, a city of 2 million people in Henan province. | :12:10. | :12:15. | |
-- Sanmenxia are. This was the Mehmet rescuers and families had | :12:15. | :12:20. | |
been waiting for. Miners found alive to, being brought to the | :12:20. | :12:24. | |
surface. There was relieved applause as the men were | :12:24. | :12:27. | |
stretchered out to waiting ambulances, and on to hospital. A | :12:27. | :12:32. | |
couple had only minor injuries, and they managed to walk out into the | :12:32. | :12:37. | |
daylight by themselves. Dozens more are still trapped underground. Work | :12:37. | :12:42. | |
to find them started late last night, and continues. China has a | :12:42. | :12:46. | |
terrible record when it comes to mind safety. Thousands die every | :12:46. | :12:51. | |
year. But this might not be to blame for this particular accident. | :12:51. | :12:56. | |
It is still not clear exactly what happened, but miners appear to have | :12:56. | :13:00. | |
been trapped after a sudden explosion of rock inside the pit. | :13:00. | :13:05. | |
That came just minutes after an earthquake that hit the area where | :13:05. | :13:11. | |
the mine is located. At least one official linked to the events. That | :13:11. | :13:16. | |
is to work out later. For now, those at the surface just one News | :13:16. | :13:21. | |
of the miners' who might still be alive. The authorities say they are | :13:21. | :13:25. | |
doing everything they can to get them out. | :13:25. | :13:30. | |
Still to come, after much media speculation about a possible | :13:30. | :13:35. | |
Israeli strike on Iranian nuclear installations, we will get the view | :13:35. | :13:43. | |
from they had about the stock -- view from Ehud Barak. | :13:43. | :13:49. | |
First, the business news. So much talk still about instability inside | :13:49. | :13:56. | |
the eurozone. A focus on Italy. an interesting twist. On Wednesday | :13:56. | :14:00. | |
evening, the Italian government held another crisis meeting about | :14:00. | :14:05. | |
their structural reforms. The reason they held that was that | :14:05. | :14:08. | |
Silvio Berlusconi could arrive at the G20 put something on paper, | :14:08. | :14:13. | |
something concrete to show the leaders. But nothing came of that | :14:13. | :14:18. | |
crisis meeting, so Silvio Berlusconi arrived empty-handed. | :14:18. | :14:22. | |
The IMF and the European Commission announced today they are going to | :14:22. | :14:26. | |
monitor the Italian box, they will go through them with a fine-tooth | :14:26. | :14:32. | |
comb, in particular, the pension reforms and labour market reforms. | :14:32. | :14:36. | |
The markets are hammering Italy at the moment, the cost of borrowing | :14:36. | :14:42. | |
is up over 6%, unsustainable. This is despite the fact that the ECB | :14:42. | :14:47. | |
has been purchasing Italian bonds. The amount that they have acquired | :14:47. | :14:51. | |
so far is miniscule compared to what they will have to do, despite | :14:51. | :14:56. | |
all of the Commons yesterday, the ECB will end up being the purchaser | :14:56. | :15:02. | |
of the last resort, they will have to go down the quantitative easing | :15:02. | :15:05. | |
croute -- Road, and you will have to find a massive programme to | :15:05. | :15:15. | |
:15:15. | :15:18. | ||
It is going to need a massive programme, two trillion Euros, that | :15:18. | :15:23. | |
is the debt Italy is sitting on. What about the United States? New | :15:23. | :15:30. | |
jobs just come out? Yes, 80,000 new jobs created, we were expecting | :15:30. | :15:35. | |
100,000. It is keeping up with the population growth but it needed | :15:35. | :15:41. | |
more than 200,000 to keep up with the unemployment rate which is | :15:41. | :15:47. | |
about 9%. Employers are saying we won't continue hiring into we seek | :15:47. | :15:51. | |
steadier consumer demand. Consumers are saying, until we see more jobs | :15:51. | :15:56. | |
and higher wages we won't be reluctant to spend. The big fear | :15:56. | :16:02. | |
for US officials is the length of time workers are out of the job. | :16:02. | :16:07. | |
Ben Bernanke, the chairman of the Federal Reserve is worried | :16:07. | :16:11. | |
reciprocal unemployment could become longer lasting. That is when | :16:11. | :16:15. | |
people who have been out of work for more than a year lose skills | :16:15. | :16:19. | |
and find it harder to relocate, putting them in danger of being | :16:19. | :16:24. | |
permanently shut out of the workplace. Even Ben Bernanke saying | :16:24. | :16:27. | |
himself, he does not expect unemployment rates to come down | :16:27. | :16:30. | |
unemployment rates to come down until about a played 5% until the | :16:30. | :16:36. | |
end of last -- next year. A quick look at the markets in Europe. | :16:36. | :16:42. | |
look at the markets in Europe. We want you to get in touch with us. | :16:42. | :16:52. | |
:16:52. | :17:02. | ||
This is GMT from BBC World news. The headlines: Several miners have | :17:02. | :17:07. | |
been pulled out alive after an accident at a coalmine in China. | :17:07. | :17:12. | |
Rescuers are searching for 50 men still trapped underground. | :17:12. | :17:18. | |
Pressure is increasing on Iran as the world's nuclear watchdog, the | :17:18. | :17:23. | |
IAEA prepares to publish a new and critical report on to Iran's | :17:23. | :17:31. | |
nuclear programme. There is speculation it will highlight | :17:31. | :17:40. | |
Iran's weapons. There are reports defence minister, Ehud Barak and | :17:40. | :17:49. | |
the Iranian Prime Minister, Mahmoud Ahmadinejad need to talk soon. Iran | :17:49. | :17:53. | |
insists its nuclear programme is peaceful and has warned all nations | :17:54. | :18:01. | |
against "colliding with Iran". Is this the sound of savers being | :18:01. | :18:05. | |
rattled or the prelude to military intervention which could grave | :18:05. | :18:11. | |
global consequences? With me is the Israeli Defence Minister, Ehud | :18:11. | :18:16. | |
Barak. Is this the case you are persuaded Iran's nuclear programme | :18:16. | :18:19. | |
has reached a critical juncture and Israel will have to respond with | :18:19. | :18:28. | |
military action? Listening to your opening remarks, | :18:28. | :18:32. | |
the Israeli press will follow the BBC and see all these economic | :18:32. | :18:38. | |
crisis looming large. It will draw their attention to something more | :18:38. | :18:43. | |
immediate. The Israeli press has been reporting you and your Prime | :18:43. | :18:46. | |
Minister, Mahmoud Ahmadinejad have been pushing the military | :18:46. | :18:56. | |
:18:56. | :18:58. | ||
establishment to draw up -- Benjamin Netanyahu. I want to see | :18:58. | :19:05. | |
the IAEA report. If they are daring enough to tell what they know about | :19:05. | :19:11. | |
the nuclear intentions of Iran, many in the world will realise Iran | :19:11. | :19:16. | |
is a major challenge for any conceivable world order. It is | :19:16. | :19:24. | |
making its best to be determined to deceive and defy the whole world on | :19:24. | :19:28. | |
its nuclear capability. But the tone of recent statements from the | :19:28. | :19:32. | |
Prime Minister, things that have been written in the Israeli press | :19:32. | :19:36. | |
and taken seriously by the Israeli public suggests something has | :19:36. | :19:40. | |
changed. One of your former political colleagues fears the you | :19:40. | :19:47. | |
are considering what he calls a rash attack? I cannot debate the | :19:47. | :19:53. | |
freedom of the press in Israel. This isn't the press, it is from a | :19:53. | :20:00. | |
politician? To write and quote what ever they want, our position did | :20:00. | :20:09. | |
not change. We think Iran should be prevented from turning nuclear and | :20:09. | :20:16. | |
it is the opinion of basically does all around the world. I think many | :20:16. | :20:21. | |
actions should be taken. The no option should be removed from the | :20:21. | :20:25. | |
table. That his opposition for a long time and I don't think there | :20:25. | :20:30. | |
is anything extremely immediate or urgent about it beyond what I have | :20:30. | :20:36. | |
said. Nothing urgent about it? And yet you have said and so has | :20:37. | :20:40. | |
Benjamin Netanyahu, what you have seen from Iran and the information | :20:40. | :20:45. | |
you have about developments there, if the international community does | :20:45. | :20:53. | |
not act soon there will be a real danger? Surely that is a -- urgent? | :20:53. | :20:59. | |
They are trying to reach some kind of immunity by reaching a high | :20:59. | :21:03. | |
level of redundancy and low level of an ability. They are spreading | :21:03. | :21:09. | |
it over many sites, many places, some of them into the hills to | :21:09. | :21:15. | |
protect it. Leaving aside the timing, do you believe a military | :21:15. | :21:21. | |
strike on Iran could significantly derailed their nuclear programme? | :21:21. | :21:26. | |
think any conceivable approach to delay them make sense and should be | :21:26. | :21:36. | |
:21:36. | :21:38. | ||
considered. I do not think moving the should be discussed in an open | :21:38. | :21:43. | |
manner between us. To get sanctions, requires Israel to have friends on | :21:43. | :21:49. | |
the top table of nations. At the moment you do not have many friends. | :21:49. | :21:55. | |
Talked-about a diplomatic tsunami that would face Israel this year. | :21:55. | :21:59. | |
His role is more isolated than it has ever been before, would you | :21:59. | :22:06. | |
agree? We are not as isolated as some people believe. But we need to | :22:06. | :22:11. | |
take action to avoid, first of all to follow the recommendations of | :22:11. | :22:15. | |
the quartet, and to enter sincerely into new positions with the | :22:15. | :22:22. | |
Palestinians about two states. on a minute, you sat in a cabinet | :22:22. | :22:27. | |
meeting which approved 2000 new housing units on occupied land. How | :22:27. | :22:32. | |
can that be paving the way for serious snigger situations. It is | :22:32. | :22:39. | |
not an issue we put 2000 units within our capital city. Like | :22:39. | :22:43. | |
London in your case, in Jewish neighbourhoods in our capital city. | :22:44. | :22:50. | |
It is a city of three-quarters of a million. It is occupied land, the | :22:50. | :22:54. | |
Palestinians insist until there is a freeze on settlements there can | :22:54. | :23:00. | |
be no return to the Nicosia turntable. Why are you still | :23:00. | :23:04. | |
standing of on settlements? These are the preconditions the world | :23:04. | :23:09. | |
shouldn't accept from the Palestinians. I strongly recommend | :23:09. | :23:16. | |
to however is interested, to focus on bringing both sides home to | :23:16. | :23:26. | |
:23:26. | :23:27. | ||
Nicosia. I was the Prime Minister of Israel 10 years ago. Followed me | :23:27. | :23:31. | |
was a Prime Minister who built twice the pace of present | :23:31. | :23:40. | |
construction. We did not have this issue. We did have active talks | :23:40. | :23:50. | |
:23:50. | :23:51. | ||
with the Palestinians happening. Now for some reason they feel the | :23:51. | :23:55. | |
support from many countries in the world. But the winds are blowing | :23:55. | :24:01. | |
against Israel in the international community. You announced he will | :24:01. | :24:05. | |
stop the taxation funds go to the Palestinian Authority. If you are | :24:05. | :24:10. | |
serious about wanting talks with the Palestinians, why are you | :24:10. | :24:14. | |
putting off their financial supply which means they cannot even pay | :24:14. | :24:19. | |
their own security forces? I hope this issue will be solved. Is it | :24:19. | :24:23. | |
the wrong thing that this is what you Prime Minister, Benjamin | :24:23. | :24:29. | |
Netanyahu has ordered? Running a Government in Israel is extremely | :24:29. | :24:34. | |
delicate. I am asking you a simple question, do you think Benjamin | :24:34. | :24:43. | |
Netanyahu has got this one wrong? do not give any weight to an acting | :24:43. | :24:47. | |
Prime Minister in his role. It is about the future. I believe a way | :24:47. | :24:51. | |
could and probably will be found once the other obstacles are | :24:51. | :25:01. | |
:25:01. | :25:03. | ||
removed to resume the flow of funds into the Palestinian Authority. | :25:03. | :25:08. | |
want to promote them, you keep saying that. If they don't have the | :25:08. | :25:17. | |
money to pay their own police how is that in his role's interest? | :25:17. | :25:22. | |
is not in our interest they will collapse, but you may find many in | :25:22. | :25:26. | |
the Israeli public, including the Government who believe it is good | :25:26. | :25:31. | |
for what ever reasons. I think it is bad for his role and bad for the | :25:31. | :25:36. | |
Palestinians. It could happen? Hypothetically it could, I hope it | :25:36. | :25:41. | |
does not. There are many ups and downs on the road to peace. I | :25:41. | :25:48. | |
believe the issue of funds for the security forces will be solved. | :25:48. | :25:53. | |
Before we finish, I must turn to the Arabs bring. We have reported | :25:53. | :26:00. | |
on new violence in Syria. All- rounder Israel there is uncertainty. | :26:00. | :26:04. | |
Isn't it time for Israel to reach out to the Palestinians and to the | :26:04. | :26:10. | |
world rather than hunkered down in isolation? It is an explicit | :26:10. | :26:16. | |
objective of a Government to resume talks based on no preconditions and | :26:16. | :26:21. | |
two states for two. I believe we can come with ideas about security, | :26:21. | :26:28. | |
borders, refugees, even about Jerusalem and the end of conflict. | :26:28. | :26:33. | |
If there is no way to reach an agreement, we should reassess. But | :26:33. | :26:37. | |
the events of the Arab spring should lead us to accelerate | :26:37. | :26:41. | |
efforts, not just with the Palestinians, but with the | :26:41. | :26:46. |