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Newsflash
PQ 14
Graphical Speaking
U(="&*$1!f66"8(!2$)@(,!D"*$*8"$1!<*/"8$,&)#
PQ Issue 4_2015

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PQ Issue 4_2015

  • 1.
  • 2. Contents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
  •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
  •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
  •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`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
  •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`5PK<5Q!Ua5`!aKL5LaE %F=/,7)+I&C3F&!=:=,3&EB@[ )12345$678439$.3:39;3<3$ $ )**&!-,+)F]!7-*25)&)3&^CBAS__EZ&@`_` 1<$5:3=4$8;$3>$5?59>;@:3432;=3A<1A5<>2=9BCB1: MARK YOUR CALENDAR....#'4%4#a4aR& 7>>ADEE:3432;=3A<1A5<>2=9BCB1: Q)7;'-.#'$-&'%/)5,-3&#/-25327&X2Q2*019253& >%#X?&-J2J&bY%](Y%]M'Y'&)::'2$"7<%'+,%"#%,'VZa* /,-/%,#@'?",B%#C %01&4532/5)3-05)*&(),32/&.*)552/,&5,-?'#$%' $K&>"250+?&L&$'!&>c2/72&.)/352/,F-1?&&)::' >%'5:@)7<')7'#-'*$",%')7*)<$#*'">-.#'(L4'.,>"7' ,%":'%*#"#%'#,%7;*')7'9V='N)7<"/-,%='I"/"7' "7;'[VC !
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  • 9. PQ 8 1"@(!,0(!Q(,0()1$*/#:!h$.$*!$*/!,0(!J*",(/!K,$,(#4 L0(!A(#,!(>$+.1(!"#!,0(!Q(,0()1$*/#!$#!NHM!&6!",#!1$*/#!$)(!A(1&?!#($!1('(14!L0(!Q(,0()7 1$*/#!6$8(#!,0(!80$11(*=(#!&6!61&&/"*=!('()3!3($)4!L0(!?&)#,!61&&/!0",!,0(!8&-*,)3!"*!ViYO! ?0"80!@"11(/!*($)13!N:III!.(&.1(4!L0(!-,80!#((#!,0"#!$#!$!,)$="8!/"#$#,()!$*/!61&&/!.)(7 '(*,"&*!+(,0&/#!0$#!A((*!"*8)($#(/!#"=*"6"8$*,134!L0(!-,80!#((#!,0$,!.)&,(8,"*=!,0(")! 1$*/!6)&+!#,&)+#!$*/!61&&/#!"#!*&,!$!A-)/(*!A-,!$*!&..&),-*",3!"*!,()+#!&6!(8&*&+"8!$*/! $)80",(8,-)$1!$/'$*8(+(*,4 L0(! -,80! 6")#,! #,$),(/! -#"*=! /"@(#! ,&! .)('(*,! ,0(! Q&),0! K($! 6)&+! 61&&/"*=! ,0(!1$*/4!T&?('():!,0(#(!/"@(#!?()(!*&,! $A1(!,&!6-113!.)('(*,!,0(!61&&/"*=4!L0-#:! Z&)*(1"#! `(13:! $*! (*="*(():! /(#"=*(/! ,0(! A$#"#! &6! ,0(! g-"/()d((! _&)@#! R$! +$*7+$/(!#3#,(+!&6!/$+#:!1$*/!)(81$7 +$,"&*!$*/!?$,()!/)$"*$=(!?&)@#S4! `$,():!,0(!-,80!A-"1,!,0(!?&)1/b#!1$)=(#,! /$+!?",0!/&&)#!,0$,!0(1.!,0(!Q&),0!K($! 61&?! "*,&! ,0(! ;&),! &6! U&,,()/$+:! a-)&.(b#!A-#"(#,!.&),4!5#!&6!NIIN:!,0(! /$+b#!/&&)!0$#!A((*!1&?()(/!NV!,"+(#:! #($1"*=! &66! ,0(! "*1(,! 6)&+! ,0(! )$="*=! Q&),0! K($! #,&)+:! ,0()(A3! .)('(*,"*=! 61&&/#! 6)&+! &88-))"*=! $*/! )(81$"+"*=! 1$*/!&*!&*(!&6!,0(!+&#,!/(*#(13!.&.-7 1$,(/!$)($#!"*!,0(!Q(,0()1$*/#4!U&,,()7 /$+:!Q(,0()1$*/#b!#(8&*/!A"==(#,!8",3! 1"(#! NI! 6((,! A(1&?! #($! 1('(1! $*/! ,0(! /"@(#!$)(!(##(*,"$1!,&!,0(!8",34!!L&!6-),0()! .)&,(8,! ,0(! #,)$,(="8! .&),:! ,0(! -,80! ,-)*(/!,&?$)/#!)&A&,"8!(*="*(()"*=!$*/! 8)($,(/! ,0(! 1$)=(#,! #-)=(! A$))"()! ,0$,! 8$*!#?"*=!"*,&!.1$8(!?0(*!*((/(/!$*/! /&(#!*&,!)(#,)"8,!,0(!61&?!&6!#0".#!$*/! =&&/#4 L0(#(!/"@(#!&)!#-)=(!A$))"()#!$)(!+-1,"7 6-*8,"&*$14!L0(3!#()'(!*&,!&*13!6-*8,"&*! $#! A$))"()#! $=$"*#,! #,&)+#! $*/! 61&&/#! A-,! $1#&! ,&! 8$,()! ,0(! *((/#! &6! ,0(! .(&.1(4!D&)!(>$+.1(:!,0(!-,80!8)($,(/! #.$8(#!6&)!,0(!1"@(#!&6!)(,$"1#:!&66"8(#!$*/! ('(*! .-A1"8! #9-$)(#4! D1&$,"*=! 0&-#(#! $*/! )(#()'&")#! $8,#! $#! 8$,80+(*,#! 6&)! )$"*! ?$,()! ?0"1(! 8)($,"*=! )(8)($,"&*$1! #.$8(#!6&)!,0(!.-A1"84 51,0&-=0! #&+(! .)('(*,"&*! +(,0&/#! +$3!*&,!A(!#-",$A1(!,&!A(!"+.1(+(*,(/! "*!2$1$3#"$:!A-,!A$#(/!&*!,0(!8$1$+","(#! 6$8(/!A3!+$B&)!8","(#!1"@(!Q(?!f)1($*#! RJK5S:! g((1$*/! RQ(,0()1$*/#S:! K(*/$"! Rh$.$*S!$*/!58(0!R<*/&*(#"$S:!$*/!+&#,! )(8(*,13!"*!c&,$!]0$)-!Rc(1$*,$*:!2$1$37 #"$S:! ",! "#! ?"#(! 6&)! 2$1$3#"$! ,&! 1&&@! $,! #&+(! &6! ,0(! .)('(*,"&*! +(,0&/#! (+.1&3(/!A3!&,0()!8&-*,)"(#!(#.(8"$113! ,0(!Q(,0()1$*/#4!U$,0()!,0$*!#.(*/"*=! ,&&!+-80!(*()=3!$*/!8$.",$1!&*!(+()7 =(*83!)(1"(6#!$*/!)(8&'()3!$6,()!/"#$#,()! 0$#!#,)-8@:!",!"#!A(#,!,&!+","=$,(!,0(!#",-7 $,"&*!$*/!"+.1(+(*,!.)('(*,"&*!+(,07 &/#! #&! ,0$,! ,0(! 8&#,! $*/! (*()=3! )(9-")(/! 6&)! )(8&'()3! $*/! (+()=(*83! )(1"(6#!8$*!A(!1&?()(/4!`"@(!,0(!#$3"*=! 8,%3%7#)-7')*'>%##%,'#$"7'2.,%C ;"8E!U&,,()/$+b#!1$)=(#,!)&A&,"8!#-)=(!A$))"()
  • 10. PQ 9 WHAT SHOULD KEEP !"# AWAKE (=6F&%0&b2)/5 ;)&6! ]$))3! a"80(*=)((*:! $! )(*&?*(/!5+()"8$*!(8&*&+"#,:! 8",(/! ,0$,! 5#"$*! 8&-*,)"(#! $*/:! "*!.$),"8-1$):!2$1$3#"$!8$*!1($)*! 6)&+!,0(!/('(1&.(/!?&)1/4!L0(! 6$+&-#! (>.$*#"&*$)3! +&*(,$)3! $*/!6"#8$1!.&1"8"(#:!?0"80!#,$),(/! 1"6(! $#! 8&-*,()8381"8$1! .&1"8"(#:! 0$'(! *&,! /)$?*! ,0(! (>.(8,(/! )(#.&*#(#! ,0$,! /('(1&.(/! *$,"&*#! *((/(/! ,&! /(#.()$,(13! .-11!,0(+#(1'(#!&-,!&6!,0(!%)($,! U(8(##"&*! NIIWXIi! $*/! 0"=0! -*(+.1&3+(*,4! L0(! =&'()*+(*,#! &6! NI! "*/-#7 ,)"$1!$*/!(+()="*=!+$)@(,!8&-*7 ,)"(#! ,&&@! j-*.)(8(/(*,(/! $*/! 8&*8(),(/! 6"#8$1! (>.$*#"&*k! ,&! #-..&),! 6"*$*8"$1! #3#,(+#:! B-+.7#,$),! =)&?,0:! $*/! ,&! +","7 =$,(! ,0(! "+.$8,! &6! ,0(! =1&A$1! 8)"#"#4!2$1$3#"$!,&&:!.-+.(/!"*! ",#!A"==(#,!)(8&)/(/!6"#8$1!#,"+-7 1-#! "*! NIIi4! (#.",(! ,0(! 0-=(! +$=*",-/(! &6! ,0(#(! (66&),#:! /('(1&.(/!8&-*,)"(#!1"@(!,0(!JK:! a-)&.(! $*/! h$.$*! 1$*=-"#0(/! A(0"*/!?0"1(!5#"$!8&*,"*-(/!,&! =)&?4 L0()(! $)(! 1"+",$,"&*#! ,&! .-A1"8! A&))&?"*=4! Z&-*,()8381"8$1! +($#-)(#! ,&! .)&+&,(! =)&?,0! $*/!)(/-8(!-*(+.1&3+(*,!8$*! 0$'(! /")(! .&1","8$1! $*/! (8&*&+"8! 8&*#(9-(*8(#! $#! 6"#8$1!/(6"8",#!$*/!.-A1"8!/(A,!)$,"&#!R,0(!)$,"&!&6!/(A,! ,&! %;S! A$11&&*(/4! <*,()*$,"&*$1! A&))&?"*=! 8$*! A(8&+(! '()3! (>.(*#"'(! $#! $! *$,"&*b#! /(A,! )$,"*=! "#! /&?*=)$/(/!A3!"*,()*$,"&*$1!)$,"*=!$=(*8"(#4 #125S25727&<8&T0/O27 2&)(&'():!?",0!"*,()(#,!)$,(#!$,!*($)!d()&:!h$.$*:!,0(! JK! $*/! a-)&.(! 0$'(! ,&)*! &66! ,0(! )-1(! A&&@! $*/! )(#&),(/! ,&! -*8&*'(*,"&*$1! +&*(,$)3! .&1"8"(#! 8$11(/! G-$*,",$,"'(!a$#"*=!RGaS!,&!.&-)!'&1-+(#!&6!8$#0!"*,&! ,0(")! #3#,(+#! "*! &)/()! ,&! )('",$1"#(! ,0(")! (8&*&+"(#4! _0"1(!G-$*,",$,"'(!a$#"*=:!?0"80!"#!,0(!/")(8,!.)"*,"*=! &6!+&*(3!A3!,0(!8(*,)$1!A$*@#!A3!A-3"*=!=&'()*+(*,! .$.()#!/")(8,13:!+$3!*&,!0$'(!A((*!,0(!+&#,!.)(6())(/! .&1"83:!;)&6(##&)!]$))3!a"80(*=)((*!6(1,!,0$,!,0"#!.&1"83! +$3!A(!"+.1(+(*,(/!"*!5#"$!"*!,0(!*($)!6-,-)(4!L0(! 6")#,!,?&!Ga#!?()(!#0&),71"'(/!$*/!/"/!*&,!?&)@!-*,"1! ,0(!6"*$1!&.(*7(*/(/!Ga:!?0()(!,0(!JK!D(/()$1!%&'7 AT NIGHT? ;)&6!]$))3!a"80(*=)((* "+&R/)62&F)5:&)57&d225)&b0F
  • 11. PQ 10 ()*+(*,!=$'(!",#!6-11!8&++",+(*,!,0$,!",! ?&-1/! 8&*,"*-(! A-3"*=! -.! #(8-)","(#! -*,"1! ,0(! (8&*&+3! #0&?(/! #"=*#! &6! "+.)&'(+(*,4 ')Q-5:,&R*=3 (#.",(! ,0(! 8-))(*,! 1&?! "*,()(#,7)$,(! )(="+(:! "*'(#,+(*,#! "*! ,0(! /('(1&.(/! *$,"&*#! /"/! *&,! )(#.&*/! ,&! =&'()*+(*,b#! 8&*'(*,"&*$1! 6"#8$1! $*/! +&*(,$)3!#,"+-1-#4!588&)/"*=!,&!;)&6(#7 #&)!]$))3:!,0(!0"=0!#$'"*=#!=1-,!"*!,0(!JK:! h$.$*! $*/! a-)&.(! ?$#! /-(! ,&! ,0(! $=("*=! .&.-1$,"&*4! L0"#! "#! *&,! $! *(?! .)&A1(+!6&)!,0(#(!(8&*&+"(#4!<,!"#!.)(7 /"8,(/! ,0$,! +$*3! 5#"$*! 8&-*,)"(#! ?"11! A(8&+(! $=("*=! *$,"&*#! A3! ,0(! 3($)! NINI4! L0(! #$'"*=#! =1-,! ,0$,! ?(! 0$'(! #((*!"*!,0(!/('(1&.(/!*$,"&*#!?"11!$1#&! A(! (>.()"(*8(/! A3! 5#"$! "#! 1&&+"*=4! 5=("*=! .&.-1$,"&*! ?"11! 0$'(! )(.()8-#7 #"&*#!&*!,0(!?$3!?(!#.(*/:!"*'(#,!$*/! &*!-1,"+$,(13!&*!"*,()(#,!)$,(#4! L0(! /(61$,"&*! ,0$,! ?$#! (>.()"(*8(/! "*! 8&-*,)"(#!1"@(!h$.$*!+$3!A(!@*&8@"*=!&*! &-)! #0&)(#! "*! ,"+(! ,&! 8&+(4! D&)! ,0(#(! )($#&*#! $1&*(:! .&1"83! +$@()#! "*! 5#"$! #0&-1/!(*8&-)$=(!"*'(#,+(*,#:!.$),"8-7 1$)13! ,&! 8$,()! ,&! ,0(! /(+$*/! 6&)! ,0(! (1/()13! #-80! $#! "*'(#,+(*,#! "*! #-#,$"*7 $A1(! )(,")(+(*,! '"11$=(#4! L0(! #$'"*=#! =1-,!+$3!=)$/-$113!)(#&1'(!",#(16!"6!,0()(! ?$#!$*!(#,$A1"#0+(*,!&6!$!.)&.()!#&8"$1! #$6(,3! *(,4! L0(! +$*.&?()! #0&-1/! $1#&! #0"6,! ,&?$)/#! 8$,()"*=! ,0(#(! )(,")(+(*,! )(1$,(/!"*/-#,)"(#4 8)/*+& ,-:5,e& !/2& T2& Y=55-5:& 4530& X2G*)3-05U ;)&6(##&)! ]$))3! 0$#! $! .(##"+"#,"8! '"(?! ,0$,!,0(!)"#@!&6!/(61$,"&*!"#!6$#,!A(8&+"*=! $! )($1",3! "*! a$#,! 5#"$4! a"=0,! &-,! &6! ,(*! 8&-*,)"(#!"*!a$#,!5#"$!$)(!(>.()"(*8"*=! ;)&/-8()! ;)"8(! <*/(>! R;;<S! /(61$,"&*! R"*81-/"*=!2$1$3#"$S!$*/!;;<!/(61$,"&*!"#! #.)($/"*=! ,&! Z&*#-+()! ;)"8(! <*61$,"&*! RZ;<S!/(61$,"&*!&'()!,0(!.$#,!OI!+&*,0#4! D"'(! &-,! &6! ,(*! 8&-*,)"(#! "*! a$#,! 5#"$! R(>81-/"*=! h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l!$!8&*/","&*!&6!*&!&)!*(=1"="A1(! (8&*&+"8! =)&?,0! "*! $! +$)@(,7A$#(/! (8&*&+3!l!$*/!?0(,0()!,0"#!#,$=*$,"&*!"#! )&,$,"*=! 6)&+! ,0(! JK! ,&! ,0(! )(#,! &6! ,0(! ?&)1/! RUf_S4! L0(! #3+.,&+#! &6! #-80! $! #,$=*$,"&*! 8$*! A(! #((*! ,0)&-=0! ,0(! 6$11"*=!&6!)($1!1&*=7,()+!"*,()(#,!)$,(#!$*/! )($1! )(,-)*#! &*! (9-",3! "*! ,0(! .$#,! ,0)((! /(8$/(#:!)(61(8,"*=!1&?!"*'(#,+(*,#4!L0"#! 8&-1/! A(! /-(! ,&! $! =1&A$1! #$'"*=#! =1-,! A(8$-#(!&6!$*!"*8)($#"*=!&1/!$=(!/(.(*7 /(*83! )$,"&! "*! 5#"$:! )(#-1,"*=! "*! "*$/7 (9-$,(!/(+$*/4!
  • 12. PQ 11 D-),0()+&)(:!a$#,!5#"$!"#!#,"11!0($'"13! /(.(*/(*,!&*!(>.&),#!,&!,0(!aJ!$*/! h$.$*:!",#!8-))(*83!$/B-#,+(*,#!8&-1/! )(#-1,!"*!8&+.(,","'(*(##!"##-(#4 =//256+&T)/&)3&M)57 $'"/!_&&!&6!]$*@!&6!5+()"8$!2())"11! `3*80!,0"*@#!,0$,!$!8-))(*83!?$)!0$#! A)&@(*!&-,4!T(!$)=-(#!,0$,!6&)!+$*3! 8&-*,)"(#! 6$8"*=! d()&! "*,()(#,! )$,(#! $*/! A"*/"*=! 6"#8$1! 8&*#,)$"*,#:! ,0(! &*13!.&1"83!,&&1!1(6,!$,!,0(")!/"#.&#$1! ,&! #,"+-1$,(! =)&?,0! "#! $! ?($@()! (>80$*=(!)$,(4!T(!,0"*@#!,0$,!,0(!aZ]! $*/! ,0(! ]$*@! &6! h$.$*m#! Ga! .)&7 =)$++(#! ?()(! /(#"=*(/! ,&! ?($@(*! ,0(")!8-))(*8"(#4! <,! "#! 81($)! ,0$,! *&! &*(! 8$*! 8&+.(,"7 ,"'(13!/('$1-$,(!,0(")!8-))(*8"(#!$,!,0(! #$+(!,"+(!$#!",!8$*!A(!#(167/(6($,"*=! $*/!0$'(!$*!&'()$11!/(.)(##"*=!(66(8,! RU$=*$)!Q-)#@(:!Vi[[S4!<,!"#!$!A(==$)7 ,037*("=0A&-)!.&1"83!$*/!",#!-*8&&)7 /"*$,(/! $8,"&*#! ?"11! )(#-1,! "*! $! *(=$,"'(7#-+!=$+(4!_",0!#-80!$!.(#7 #"+"#,"8!&-,1&&@:!?0$,!8$*!5#"$*!8&-*7 ,)"(#! /&n! <,! "#:! ,0()(6&)(:! 1"@(13! ,0$,! 5#"$!+$3!('(*,-$113!-#(!Ga!,&!)('"'(! ,0(")! (8&*&+"(#! ?0(*! 6$8(/! ?",0! $! 8)"#"#4 00/7-5)3-5:& 90523)/+& )57& 2V6F)5:2&/)32&10*-6-2, Q&A&/3! @*&?#! ?0$,! ,0(! 1&*=7,()+! (66(8,#! &6! 9-$*,",$,"'(! ($#"*=! RGa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iOI#! A(8$-#(! +&*(,$)3! .&1"83! 0$#! *('()! A((*! ,)"(/! Ra"80(*=)((*:! T$11! &6! 2"))&)#S4! _0(*! ,0(! 8(*,)$1! A$*@#! $A$*/&*(/! ,0(! %&1/!K,$*/$)/!"*!ViOV!$*/!)(=$"*(/! ,0(")!+&*(,$)3!$-,&*&+3!,&!8-,!"*,()7 (#,! )$,(#! $*/! (>.$*/! +&*(,$)3! #-..13:! ,0(3! ?()(! 0(#",$*,! ,&! -,"1"#(! ,0$,! +&*(,$)3! 6)((/&+4! L0-#:! +&*7 (,$)3!.&1"83!?$#!+$/(!&*!,0(!A$#(!&6! $*!a>80$*=(!U$,(!$*80&)!*&,!&*13!"*! ,0(!Vi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
  • 13. PQ 12 )("=*",(!",#!/&+(#,"8!(8&*&+34!<*!.$),"8-7 1$):!/-(!,&!",#!#"d(!$*/!"+.&),$*8(:!Z0"*$! #0&-1/! A(! ?$,80(/! 81&#(13! $*/! ,0(! U(*7 +"*A"! /(.)(8"$,"&*! ?"11! A(! $! A(==$)7,037 *("=0A&-)!.&1"83!$*/!?&-1/!.&#(!$!.)&A7 1(+!,&!,0(!)(="&*4!f*!,0(!&,0()!0$*/:!"6!,0(! ;]fZ!(>.$*/#!/&+(#,"8!8)(/",!#"+-1,$*(7 &-#13!$#!,0(!8&+A"*$,"&*!&6!.&1"8"(#!?&-1/! *&,! A(! A(==$)7,037*("=0A&-):! ,0-#:! U(*7 +"*A"!/(.)(8"$,"&*!?"11!*&,!A(!$*!"++(*#(! 8&*8()*4! TF2/2&()*)+,-)&,3)57, L0(! ,0)($,! &6! /(61$,"&*! "#! )(1$,"'(13! 1&?! "*! 2$1$3#"$!$#!",!)(+$"*#!$!3&-,06-1!.&.-1$,"&*! $,! 1($#,! -*,"1! NINV! ?0(*! ",! .)(/"8,(/! ,&! A(8&+(! $*! $=("*=! .&.-1$,"&*4! 2$1$3#"$! 8$*! 1($)*! 6)&+! ",#! *("=0A&-)#! 1"@(! K"*=$7 .&)(:!c&)($!$*/!Z0"*$!?0&+!$)(!.)(/"8,(/! ,&! )($80! $*! $="*=! .&.-1$,"&*! $,! $! +-80! ($)1"()!,"+(4!f*!+&*(,$)3!.&1"83:!2$1$3#"$b#! 8(*,)$1!A$*@!#,"11!0$#!)&&+!,&!+$*&(-')(!$#! ",#! 8-))(*,! f'()*"=0,! ;&1"83! U$,(! Rf;US! ?0"80!#,$*/#!$,!O4NYM4 Q('(),0(1(##:!,0(!6($)!&6!/(61$,"&*!"#!+-80! #,)&*=()! ,0$*! ,0$,! &6! "*61$,"&*! "*! ,0(! JK:! h$.$*!$*/!a-)&.(!$#!(>.)(##(/!A3!;)&6(#7 #&)!]$))3!$*/!+$*3!&,0()#4!D&)!,0(#(!)($7! #&*#:!?(!,0"*@!,0$,!,0(!JK!D(/!"#!-*1"@(13! ,&!)$"#(!"*,()(#,!)$,(#!#&&*!$*/!"6!",!/&(#:! ",!"#!1"@(13!,&!A(!,$+()4! L$@"*=! ,0(! 8-(! 6)&+! ,0(! JK! D(/:! ?(! ,0"*@!,0$,!2$1$3#"$b#!f;U!?"11!#((!1",,1(!&)! *&! 80$*=(! 6)&+! ",#! 8-))(*,! O4NYM! "*! NIVY4 2$1$3#"$b#!8-))(*83!?($@*(##!"#!/-(!,&! ,0(!#0$).!/(81"*(!"*!&"1!$*/!8&++&/",3! .)"8(#! ?0"80! 0$..(*#! ,&! A(! $+&*=! 2$1$3#"$b#!1$)=(#,!(>.&),()!"*8&+(!($)*7 ()#4!L0(!)"*==",!/(.)(8"$,"&*!"#!*&,!/-(! ,&!$!.-).&#(6-1!(66&),!,&!)$"#(!(>.&),#!,&! #-..1(+(*,! /&+(#,"8! /(+$*/4! L0(! 2$1$3#"$*! (8&*&+3! /"/! )(1$,"'(13! ?(11! 1$#,!3($)!?0(*!,0(!)"*==",!?$#!/(.)(8"$,7 "*=!,&?$)/#!,0(!1$#,!9-$),()!&6!NIV[4!L0(! 2$1$3#"$*! %;! =)(?! A3! N! .()8(*,$=(! .&"*,#!,&!Y4WM!"*!,0(!1$#,!9-$),()!&6!NIV[! 8&+.$)(/!?",0!Y4HM!"*!OGNIV[4!D&)!,0(! ?0&1(!3($):!2$1$3#"$!%;!=)(?!,&!HM!"*! NIV[!8&+.$)(/!?",0![4oM!"*!NIVO4!L0(! (8&*&+3!?$#!#.-))(/!A3!#,)&*=!.)"'$,(! #.(*/"*=! ?",0! .)"'$,(! #(8,&)! "*'(#,7 +(*,#! 81"+A"*=! ,&! VV4NM! "*! ,0(! 1$#,! 9-$),()!&6!NIV[:!8&+.$)(/!?",0!H4WM!"*! ,0(!,0")/!9-$),()4
  • 14. PQ 13 ()*)+,-)&/29)-5,&)5& )33/)63-Q2&-5Q2,39253& 72,3-5)3-05 '3/05:&260509-6& :/0H3F&G0/&4,O)57)/& ()*)+,-) 2$1$3#"$b#!(8&*&+"8!=)&?,0!)(+$"*#!#,-)/3!&?"*=!,&!,0(!#,$A"1",3!&6!",#!"*#,",-,"&*#! $*/!,0(!/"'()#"6"8$,"&*!&6!",!(8&*&+"8!#,)-8,-)(!$+"/!#1-+."*=!&"1!.)"8(/!$*/!,0(!'&1$7 ,"1",3!&6!,0(!)"*==",4!D&)("=*!"*'(#,&)#!#,"11!'"(?(/!2$1$3#"$!$#!$*!"*'(#,+(*,!/(#,"*$7 ,"&*!&6!80&"8(!/-(!,&!",#!8&*/-8"'(!A-#"*(##!(*'")&*+(*,4 L0(!#,)&*=!=)&?,0!&6!,0(!8&-*,)3b#!8$.",$1!+$)@(,#!$*/!6-*/!+$*$=(+(*,!"*/-#,)3! 8&*,"*-(#!,&!.1$3!$!@(3!)&1(!"*!.&#","&*"*=!2$1$3#"$!$#!$!1($/"*=!"*'(#,+(*,!/(#,"*$7 ,"&*4! 2$1$3#"$b#! 8$.",$1! +$)@(,! 8-))(*,13! #,$*/#! $,! U2N4WN! ,)"11"&*:! ?",0! ,0(! (9-",3! +$)@(,! $*/! ,0(! A&*/! +$)@(,! $,! U2V4o[! ,)"11"&*! $*/! U2V4IW! ,)"11"&*! )(#.(8,"'(134! L0()(6&)(:!,0(!%&'()*+(*,!0$#!.-,!'$)"&-#!+($#-)(#!,&!(*#-)(!#-#,$"*(/!=)&?,0!&6! ,0(!(8&*&+3!$*/!+$@(!",!+&)(!$,,)$8,"'(!$#!$*!"*'(#,+(*,!/(#,"*$,"&*4! <#@$*/$)! 2$1$3#"$! (8&*&+"8! =)&?,0! 8&))"/&)! "#! 8&*6"/(*,! &6! $80"('"*=! ,0(! U2OI! A"11"&*!,$)=(,!#(,!6&)!*(?!"*'(#,+(*,#!,0"#!3($)!A$#(/!&*!",#!"*'(#,+(*,!,)$8@!)(8&)/! #"*8(!",#!1$-*80!*"*(!3($)#!$=&4!51,0&-=0!",!?$#!*&,!($#3!,&!$,,)$8,!/&+(#,"8!$*/! 6&)("=*!"*'(#,&)#b!"*,()(#,!"*,&!<#@$*/$)!2$1$3#"$:!",!0$/!$1)($/3!)(8("'(/!U2O!A"11"&*! "*! ,0(! 6")#,! 9-$),()! &6! ,0(! 3($)4! L0(! *(?! "*'(#,+(*,#! 8$+(! 6)&+! +$*-6$8,-)"*=:! #()'"8(#!$*/!.)&.(),3!#(8,&)#4! Newsflash