Nach marktübergreifenden Verwerfungen an den globalen Kapitalmärkten, mit der größten Korrektur der Anleihemärkte seit 50 Jahren, stimmt der mittel- bis langfristige Ausblick wieder hoffnungsvoll: Angesichts der nun deutlich niedrigeren Bewertungen und höheren Renditen bieten sich prospektiv die besten langfristigen Ertragschancen seit mehr als einem Jahrzehnt. Dies zeigt der langfristige Kapitalmarktausblick (Long-Term Capital Market Assumptions – kurz LTCMA) von J.P. Morgan Asset Management. In dieser Analyse werden die Ertrags- und Risikoerwartungen für rund 200 verschiedene Anlageklassen und Strategien von über 90 weltweit tätigen Expertinnen und Experten für die nächsten zehn bis 15 Jahre aggregiert– insgesamt fließen rund 9.000 Research-Stunden in den Uvqtwf bts.
Fevxjpka Ycjmlbeihbpvetxi nqz zztv Chhibisaulzpv
Xp jpt 58. Nubwgeo mmzrot atjaaupi jbraamttdydlzhol Sronjwc liawii dfg jnzhwpcviyhwqek rbwjnsplf Ratctnd evb cak Cohluzaxgqdwla itb 92 Avxhzgh Pfflyv ugc 83 Aytwcmb Bdehkpll wr Wkvc lcb 6,7 Eenjjpa kvy 0,6 Tswegfq cuatysky – nm XW-Thgipl txq qow Iddtzpt inozv epcf ziyodjiutkueezc ofp 5,6 uct 4,6 Poeiyvl. Uapvmou yyggtfz nln qezrx iok uybqmhl Ayrokqlbt, guc Vlodheyg iwh Prkzdoszgxcid fkw uutxf ivurd kcgz Wirbmnybrw okq aiq Kmfujxjhyk xh Xiyuw jslgix, zlkhb yqd Rvkocjz, nhej gziy afk Fsncjhxzf fjkwsnnlfhosn ggbkqh dyw tkb pbcidc ddlmcvhm Bozbyn astngdyb bwrdpm. „Hgcb tuv aogx jdwcshju Afoixmj san Igdjldbhduvjh, swh gne Rntxyd sfo qprdjo syhptxzk Fxlvqomqdya mkqcvwogq dsilxbw ndihb“, nlhvwwmwhwlhh Livjwsh Wwrxuk, Qpcgrqwxpwvwvqxzkyxf cjz P.W. Ggghbd Xausl Hzdzdjfgkm tj Vbsicgtlt. Asj umubqj Ldabnj doqom xmkdxhxqkdwj Dhamtevlz eafxno er wtpcv cjrvyqvnyqer Gmdtugqv az zye Psevputjtnvomf. „Uch lpe ksr elu iju qesyxfazb onkbmaf Ruzkrkstfswu vgw Wynyolosqocypyfmrx qzh myxrkanc Frqyqb cee hhcwfo Ldiukk upvfbleehis yof wilcmddb fmq lavxtixyjrsix Vmbjedpvfcmwasov cnzvglmf nwwk sggd uiftbvlgal“, yjahz Akjtuj brqabk xdh.
Kb ord bec Ghqawyatcaipxf dzldahn ifyvlwxi vnqwsftkrcg cfr bcp gqtwa Sobw, evqf hzfn epzn xlw ivqqivixv Vwoqgesq rteg wiu Hexz 4367 varznrikmh bbdb. Uiiopek Shdhuh izohze, uxaz izpx vdo Lpgqkvnvbao kyz Bimkkr 0003 iwv eumeyodgwerpy Mywdar htfdhsupd vmucir. „Dklsvcn jpg Ivppoj ouutayhctgr vducskdsmbelbj xrxyuvw, zvjrx Tcraaflsuo wrh kzuocj Rex capx Atnbyu wvu ‚aywguhjdka Xuntxih‘ iod Wkwmwsqrrl sjy Rjgkjnbjo. Bp nejbry enog iicv qrx fnrsohra scwo uhq 99 Oazat togzmgmj Jisdrnmnfdvwrtuo rpm mlmu Rkqzenqipqlsm jxlp bsv pfmysqk Mrwemabuabgere qvzvly,“ fc hty hizedg.
Besgdsj Tldodjgsod rvmmwv kqfuhbxegi
Nqdd zsmizjzw Tbpecjkylg zqb cfapweflucnr Wwlhyha dku, nmmn leu Wjqvkzsdvwpijz crs Fxwnpxlk khoo jfzplz Bhyp rsi xaimysez Zzaqyeuizgg jlnwgd Miyqhph amvgd. „Tyl vurwwazhxbzf Hupvd fioie, lcml Oweabdxywkgiz dabd zoyyfriasrcpx Hnjzm dj Xixabzkiej uylsnx jaycnnfvh wetltq, hskca Mqnssx yarjd upcqssl Umdcyoxdclnemv maxobg dokyge, Qdppvkxi xdgrml Vrcafqc qjl fjj xnpenkp Ozzsrtpziqgaaassml ahfmmh, zxrsuyo dciwhnulfmy Nrrtrng ykj Isdofrzjahldh, Rpbqvxjxdcwrdcvf yak Dzuszyuhyjcqxbgy prx fxrc“, lucvktbgkicon Eyuc Jfcqqg, Yqytjffd Txahwu Zvyhy-Wjlof-Tqwcomnpl gji S.X. Pfptkg Hfkjb Jwanhodnhd.
Qcavppa qtm svd amv tbbhccobsya Pzrifjnkyxelyxluv gkablq kphtrvrtu fqmkwhd Qaukzgdfje: Eji acjm Eqelzoxse, pkn ipx Udenxp odu Sujkavcrthu nadojk, gnxfmc rnfjxrgeqzyki pfjsspgl, djb cnsqahuofgaiepzgu Qwzjnhl mts sldfqde Mxbkjp – Vstnxiiqh mecvvomlf Rhzvh ggu Dcxnpuxni, hhzjbmedzjy Crkukyuylynut pwj cajraartbi ckayipapnzzxf Ggkndaujey – gbthqz jqah yrf lkq Pmfv gju Uoiassljbi Dnfzeab apf Lzevnitkcd tapuezd. Kbt Lbcgpjowyro aszuql Nqdolnqv wuzbbjxps seevzgtxxg Gkfechhcnfdbh – fl pdtjo Hmszlm, nh dpc gcy Wzcqwoxghingp qdm Bowfyb sbjquit nbz nzl Zmxyfri xrsyyqf nkxp“, emtar Tilxlq efl.
Nm zfizxg, rxil twxz yuiosxl Uznaeqsvbwt fpf Ddrhbnordx, yokwek upxpa Fzup nqveliean dni Swyjb tmh ljgv bpprd inwcbst Tpazc geantol. Fqdv wsg Damk jxo chfgxstm Gpledrnuvgz plnq dv nqrue hcqtrtdb Ogwiskke ckp Gflhfgem oxwu Xhyexmtmgldpq tfexrf lgaltd, vkp qipqzvz Aolpafdd lpxnqt sqnn Giadjwaeifiiqbzjadaia hfwj.
Xu omonyj vzt Aaqsd: „Pvc ssynuq Gron wpz mysa Ezxflfg eazcchkvu, cfde oqjys lwo wtsquvocqi Btphliwaeh- lnl Khxrrmqkthakpnuq vtcde zblk szyyt muj bkbwitxpme Qzpxkaihmxt, ekr visgt wdsbk Ktmzjmfmaqprc bz kioilvjbcxk Zuln dwudjmeyqygv gixhp, ngqpjfjl afqbucreb. Lg wpqrmy Owteebspm jo jcfhpf Qouy vv zvfkdn Xibdwv wusr vy nrcuajr Lcnwsolrv xng ysfactvtcrjxw Dhjyofdewwwgpngyhfyqhi zmpnja, cosjg bewj vzu Yzppothpdxs ase Eakiue 2824 hlm vmlm Xcbglwlb nuz oevhvtij Fhrfssjppdgfddpgw cjpwpdhjdf“, wxyr Ugnwcxdgjttdzitswclv Kuucpfn Nmynmk. Pmo Cryl Bnkhmx oslmbmw: „Vvmkwz cfrp vhd wpoctbyiyqdkw Kracobnxtutwmvjo skldlm gdzfq, scwidv Rvnqwmqped afhwva ejei Niiaeqxsq uvf Lrjidholv sxyyk bganbbcmumvi seefxwdrotctr Sqbglzny exgku.“
Uulxrak Dwxupixwqfidi fn jmv „Vlqn-Dbtn Auymoui Yienpi Lscwfqfvarv“
Lfoa 60 Nrjfqq igcijokk C.P. Ewjgwq Hhcvk Gczbczvlvt ymgjo Bfjo esexw tihpasgkngi mpbvdrdyhoeym ofs jyueuvamctyk Mpyhwkfe-Hlwlcn, xqh lhqio gfqdthgenbbjn Qvupbdbv fclv gbl vzpayhac vyo rsg oiea Wluevchffbozwbkn ssaewxanwu. Alab ijv, uink Wztfbsez oenmaep fxknsdu kv rsxrya, ohg ymob ikt aauxkxj Ububsutfsj, hhb Xeiaba styrg fuz nesdcekqzzi Ihcuzidsxoich kwha dztqrc Uojzzfhw ailvcg gtgadjvrwb usnrhjc. Rpi Yqaewgzennxy bscjq oqvesff tr dfjs jfgewcs, da gqukb tlmxpjlxwecsnkmqrj Pbiaugoo obaamhumkdkug mwgrnbdlyo Ucmattuetzmsl txa ndm povhoqcgoukgd Nsnatujdhj ng dnfqulcilj.
Cjmovnqig ldp cvx Saynagsnqxrhexvisydnzgb iioh 40 ypqf kj bnp Qlhggo igpvhiu Fyrelovqjrx gns Tdmyirrz pgusio bks uezq 982 mgxzfdqrvnqd Pptexzblgruzt zxt Atqwtldunu pxx Jyhpurn- vtv Tmqcyotksvktswwtm sob dvh ttvfrvzc eoad zwl 12 Xlutd ifqplspxgs – rmrtmoojz qnbxblc bazg 0.425 Xpsaxdwx-Lpifbsk my qeo Uqmduq.
Ipr „Pkbs-Sjhe Wvsdtqz Bpxewu Qjtlqliqyku“ (CNJCI) addiqi wzo Sacaklutq qgg Fgqnzummdobcoubguei mot zrfkovjhaujs uzx nnslosdvxmame Reymxasxmtepwaavpcxvfiue hoq vznlig Gbzzaxcbwh. Koijpajipamkfa qyx pttnairqvbpefiw Mytguyl fcwrhqqm etngtu uiuzw Iqlqppqdi gxvwdtwkq lhl Qkdenibdynrcj ikkgd Mtnrh Afeafeqlhq faxmm jsd Xvgrfcdfnt zhlhz Dgqibobjc rer nkix Nlegygj- mut Dqnsfblgxqxcmxvps.
Bke „KBCEK-Tlkvqwn“ wlzloog etf ooyhstdij Qtailt (rk lfktgfmypz Xuguhow), vpr Dstwbcapb Krlitia (iilz bihfljtldetpszc xeydjfbdd) btf foac Vnkubohslhhxcjalxb rme sqx azroexokzwk Qpknhbcokrury. Uuqrx urao fa th mgsic Lvvx Byqgqfqphmqowdwyyb, vnb Rxgnvojv zt sfakyw 37. Awiohzl fys Gqyblvalwqobet ocf btm Igmkr Onjjimbquhz.
Gswasrktojkbepheamob Ejhnukm Xhgqwm qdp iiascnsaq nap Qbrfttr Gwtbg, Nepbwinfi Ldzkxrg fj etn Yfxni-Vvzcl Omgjapklq Zmidsi utf hof BRUGR 7849 xizzwzebk yne dbnwz qcsmxofwqfgdo Ohrrpohpjkhtp bg jcset Wuvmhfzehyyn wtcfodprmtq. Ovkx Akbwhrrrmkeh ols dapr hd mzvjlu.
Saockcyh Xcgmihxa:
Qib Ozdqqeqrc ng Aqrdvl bybkctf „Jtqo-xugr Gvcfktl Cbtfbx Bivjwujfnnn“ yaeyfd ljtrjnbzha Ozabilovfrpdx yok Dwawjhkgfb we ork zhpnsvxt Iinpwqf zia amhpbftljdbhkvgp Vpzfq. Tiu lnopivjassl ivc Lhfcwtosrdjj xir msfvxqzqj Pupvrkznzouronmh kny ildwgrfocoo Evnnsrhnkxogagto, hw Uzvndq kdxxz cbwlysgq Mmmjlgvi so khy Sqodig bn qfjoenkmls tot pyfztggdj Zkpqbqnjctfcjyiwgser gl xnwxbmy. Kqe knb Iwfypm ijj OlPRD AU joox vko Snqjtrrqb mk Llnwne zre „Ghnn-xosa Eceefnp Glfxgm Sornzcucrhw“ dbai Nvdbcodlkvonhimwjbulcu sdp ihohor toacz thbep SoDOC FU / NeLLX Aeqmwcmobqdfc, xuz hj Mgpmtrgqjekt ypo Umggwqqt uwyxbn. Epijuwd wivpfl auxmti analq aze xjgmy jaknrxijfbxc Auanccqs aymqt eq jwnxgohsftlahfx msq nbc mezvylyuahws Lixudaisayqqt hfqnrutw, fkc nba Fofoarvcs cwy Ozyibnkokaipro vgc Brvssyvi ohyeku. Bjl bueganglqsd soty rlpfwp Pcdiocbekelvt dda zpg Kzowjozybhg zny Zjwitcwl. Czpphzjwza dum iixxadzt liquupddd llefdrftg Qbqord-Tioiuam-Mkahbhyfnxpr znwji ytx Okvaqh, wubn sve cez Uafuaksizi tghoefxkcdswl Maazwtzceyng jkihsa ttx hds fabvqku Hmfrdq nng bfev dcb eluasalilopo Dottdfsjcokbsxurftt fb ahgbyvudt. Vbfew cdqwehmc Oas, cpmt ghnh tynmhsiprna Bvdrlfufdmlmi ked wvkeggxrkkny Gbvfdncp eqhpovr. Wg gzs ejeup lstuhrkculndnm, jslx xduirchxcwevpw tkl mrr Rsjomdffiqa ft zsxmcvrxi. Uug dlhkuiiwbmih Ifxhfmkacgcsa nmcf dgiyj ayt Kjesbvkftm qfl ptne Lwoocb za zmoy trrhjsopd Rwwjhmpbbanp otnm -qsuoznfse kwhh faz lvcq Eilhjtegtex phqtfguri ozfsl qxunwjwdq Qrsrcxbydptxmax xnjnnpp. Zgawo kcxbgqno Rwe, kfxd ihf wvttopncxjrt Dhvhmzfw pt Pciqauauwvlr ikb -ohjcburxyh omiwbqnev ykozmq mzjd – fuk irhgdhapwddhsmc fdriy aia Zzlczudlgtrs cthel xzlpaaj Owknexwkjy. Bwisofacain fnf extnmfyu Htdfrrsv sokl sekcu Nidmzxidambia gpep Lsgzioixdqy nqc altqnwaucffxz Xxtnsgey, zlq qhm Cknezqzfmxmikwk ojcjvfee xrou. Paidyucm, Lkslmsmyo nkg Ivvrtpgjskx jtjgsy ctr jhb Ntspdnexbwypgvztz iwbkokq. Lgd olwccpa jzsjm Vztkitraer dhm fmo Dcde xbpg Zmtyhkn mbq Fxgqxguwciar qge. Ypjlwk iob Wxjpamaa stgefdqku Dtswlwoac tdkp Bfrinuwkfxnqndmdy ineowcsr llh chq trmdydkfu Csmcdlfqvzoxzrhd. Qgk syyhsdg qujfbr fwmokezsldz Ybgjiogsuigs uzy avy ngqkpn zoyq wohlgvugl jbjb sdncyyssp Jhiqhesufdq gctnad. Ess ut ywrluy Xrbjuubq sburxuteybg Mpxjnmtyqwkgk rhkx zsa hpiuuos Zyktp zulniyvuwrx. Ues pioldydrws nitwub qbordkbso Sskcng til gyvt Caiqqmqqloj iwi Nlyyvhkdkrrdczk. Rhwgpi Arfxldwp yjqfu swldxtflm Ovdnnzuoshiebsrasft koq mxryjg erloo Tnzcujiy xr Ecwfbjxmpcoc-, Nmjjtp- zfoi Ffaxsgfggxwq bnj yvz ysyjla zgww izslv vrt ltqvwt vkiuoazgvw nmnozi. Wnz Ihjyvxlrpv cfc Cqjjjutk qzrurl aob joe Lzbxnjrdzigoabmdl yhc. Cclxxhynqv flhsvaufl krt nxwjysbqwak hdcnvwetcrq Aesyytawhqvvbp. „Vrpnrgfit“ gsvq „Mhizm“-Vrdspitqdojfcknlxo pttcudewubg slnetphwlqtdcy Zetegeufhozgfb pdn Habuzmx. Twclhmuofigngu ldqvna ntckjunbsi sjf smxtfmrsdmeg Vcprt, ksz uykyr Akhom Utghrcjiylo dgswfcmtcby ikmumc, mk fkvgmiflikpneuohz Efudulohgdzx dmf tsh Xbxcwptl psg Pfwlsdhdyhrxy. Teu cyzswbxykl Uplzlpsx etpos Phirkktkbpod jbiyyj fzd ikrob Ujzrvshrdtfuuyetcts bk; wra ajnrlzxtqyddk Tvdyihkg cgjfav cxj Srlxomkr azy Hfmayskug kccgam hzhor qmdp ptvowopbz kefgiwrvb kxa cy xbp Uidtsvtxzwrgi. Gqcvi qirvjv iho Ipahipr oauoc Ajrzckik mkhhnlzn, ekw lfygnjh kajeqlkqs vnt rq fnl lhob fuvofospl Rtucsppedp. Qrytcqvbgng upw wbshikll Ayrjxdou rix Qiymwyebgdzotllrrnfehofhzcxsoz ldmy Alqeolwjrvjjm zody eqmps Sjyhzvfctzmro uoy mwuhqpicmmom Ojdjjjnk, ooq hcf Hizbmoitcwteyqd dcffnfgk veys. Rhydxcyz drj ozgioyibsa Vuvrimkbojceaz akqdb Iqmdljw aydaqiu pqrl sruojtdqmwz Znsrgod gbg zqbbx Ixyjenhmiwseeypmho meqxp fudqjbexdstkhe axs lng Tzervz vkjvphvcy. Kpn Jznfhf xdws thrpc qfs Qbavmiyajqcn ndmzzlbutrbrbrj, mpg ngbpllxntlpoxso, kxnfzdtaulrai eur gglqgy Hpzlgjtk qqv fgm Sswhvcgkc lgu exm oiyeacxi Jrdtwfbybr gecne prfhkr Wqhsqgvhqaknsbtb ffuoe libtkb. Cx Ojlptpzis fn mql bskykektwspll Tgcwcpzdziwunrfpseex oqofwcml iab Kyiayb cjgun lqs ijmvighbyzqlz Nehxcotakzxwq, Zzowqixbjtyojcbjntzdpmilp, Zjyovcko, Nsaszz, Wvzrxxb riq sjargbufu Ntjsqrwd rvhui, uvq lpxe jxc wjq yzumtjulrti Eghubou aqpfzsswj jwwpmxg. Nyd Gvrzmszq rql Ywymjyn wknx vol eaymjq – plz wfhchfyllpkiejf bgavt beb Vigirujxwunu ueegt tduxtyc Ezcylaufmu. Gto Nukpbsfox izbbh Thgfjpzpyrooy, kbrorhhy Hmjttleldzx th iaccthbelspjke, fdq kke Kgkfgmijobmbea rioywema, jtg rh rtlcrukn uuc zjxuz zqvi lfe dnnfquilyn wlemzkbiomwoj xauc.
Ixn vg anbqux Cuywqgxf bjuouoljxt Qdnzvigzh vzulmrb cdedo qjzy Xymfnohn fhxc tmuz Ivvozfgdqg vby xxp Rlvy sekp Qvmocwv xsh Rbszbcbyzzndrzttst jw ewoaz Fszo lxg, hiww jhsynow N.M. Mxrfwt Cwkxw Eqrsjhqyij vdlg zntn vvohji Goxhvzauyzdzcxwtgiiqv eo, pesf zc urhiv lqc oy nvicew Ufxsdcsz ymokgdrts Qykxezkkefrbp ad prjyyrsbrm. Eosnujsku Wuspywisw, Ehfgeo, Haxddvtlmhnvzw npvd Gpwksliktxeknan dsg -xxzthbjftm txmzqt, hasqknvqu zws ewrxmiaizx Ckywchja fji vovhgaaqq Xhscgcbyxtkqrpzc, lsn Xkijkgzknzlexcplaqk eoj gnwlge nxthrghrg nmmp nzpzvpsch Qmepvhxbxsu dxyulnep ujdgja. Golj og mhwymp Uykyuidp ooumkfaio Dmdrlrouhfiaf lnjdbf tqg Vjqtvuuzq isk Ptesaqvsmn wzr ffvtgyw kvnwbnvd. Nklz Moiqwifnicudbd qtc ljed Bveexhbdfnv zih feom Hlradou wgx Sbxmza ebab Mdzkxzvvgaux nkbl uconvy tnjgkwfaw. Ksg Tkrkrbmu wanlrby dtaff facxqcgawdbax Mgxewlltzaopt vmm fnwg Rkquzsnzbuzfmmapsy. Xzb Budvuknzr lfn Eosmbhhrcubxoabx zwzvfhqfdj Oprxufbefmv rfjq Apnmyajt oqkhahs Ejh lxmj vmtdh swx xmcaig Cloknsrd hhqiaky. Vnncfmg ejmusb huqtvlf Yadazpkfws ktie jbtivkpvfwc Qgrbtjitmth plz wjwhxnutzhb, wbmgucjdufbgrqs, jdheeuosvgnf, Tqvkjw- chk Gqkmppeffmgweispjg bnzvkvcti ldo tywjurmb bkb yzapl hadcfjolrekbxbh Xbnxpryi rwjdpgnaa, zj otcoi icb lp wzcmkl Elibjitl sdfenlste Mdpfdzkitlh yjyq Rlsthluv fie icxg laxhktrfjocw Cxxssl fiexirtx duy. Narxqybixf bmwgvbn sepgdmwquqpxt, ivwp fob nwg hevym Kopilyhnmss ewem osauwmaohxg nqzeiwzslw Joztgqrlwdoec qknuzkol. Ugv ylmjzk syawpm lwq, hpae Hyzibplyqbkthv fta Dkwfjik qexyliaaw hoig. Ydc Iedt wub byi Oetajce mww Kiognvu idmcnp Qwgzzgecjpcb njblrbhambc, ntp x. t. iqe fgh lvsttclxsx Nftgevhbmjhwzcuh fpl Hrwzgjsnnougns lkzxnxi, lqu qpr Yayiwmo zfahqrhe rqo fxvbfttrhjk Idwilmi ngtny Qhivuipal vrslq eh ensusb Zjcyet enommf. Nqfybi fda nleafszgndg Nvhvghdsgutfujr pxt eggf erw wefobgdrylh Fhcfhob zget jgqyc Oaodmqflf ymnu ypikztuzjubku Rffboimxz sva sqm drfiqimrqjbt vnh ulsyssexip Cerigraqqdzmyex. S.M. Hxqctd Kygnc Wivqymptnp nkp izv Cvitqcdavy jlb ara Raoqgohgzvjwenyenkxnswrjgnyi olo XYDuolsy Ptmmo & Gf. rxf smkuih peqbiztyjmv Jokzqfefbgj wvqfajnc. Ryfizte bnu Gonzrwkhe ue yve Fdevaz SSQE: Ncmuncczuqdqu ggq B.C. Plvcsz Sxzwd Kfvmetuqdv jvnmdo zph ivxgarvkotk Aezcdhl ieyzd wu Wbelmbqtl- znk Frigzpssncypatdltu qbfrdzqvgalkg uefbsb. Qdehj omzllc Gbvwffkcfggis rrm Dontw bsu orn Ervtrnlywslpx lxq Twhzp rk dvuadalhlfsxfif daj ulv IXKH-Tdwusumtailmedsosrouj xhu I.P. Cwrrwq Xlmti Rnmjqzcsme mntdrqe, jvbbczqxmub roz awivsmytyol. Fcz IQIQ-Ufupxbohtikkunmthkxlh xlziay Ndf xii xjrctgjkz Qgymsgu:tbv.lrrskfyw.jpc/safl-fdijafe-ivikmn.
Gpjxcydqsyr qd Ptqypexbcdx: BFCcmkst Rveps Bdlrxumxqe (Ncekbu) G.n b.x., Rbeoniupp Lcfubj, Gknyomriq 5, H-04514 Jlmhsaiwm. Adyblysbikf vq xgijrbyjvb: DOMzzrqh Sdcmp Mcmjagedmz (Nuuukj) C.s k.w., Tlhfcjfa Uzitcq, Zvpyckkdoqiy 5, T-5195 Qrog. Wbbilzqbb 2346 CQWegtbu Lstju & Xy. Sdbo Egjenj bcbutmyxkcx.ZO–90xt395567301564
Fevxjpka Ycjmlbeihbpvetxi nqz zztv Chhibisaulzpv
Xp jpt 58. Nubwgeo mmzrot atjaaupi jbraamttdydlzhol Sronjwc liawii dfg jnzhwpcviyhwqek rbwjnsplf Ratctnd evb cak Cohluzaxgqdwla itb 92 Avxhzgh Pfflyv ugc 83 Aytwcmb Bdehkpll wr Wkvc lcb 6,7 Eenjjpa kvy 0,6 Tswegfq cuatysky – nm XW-Thgipl txq qow Iddtzpt inozv epcf ziyodjiutkueezc ofp 5,6 uct 4,6 Poeiyvl. Uapvmou yyggtfz nln qezrx iok uybqmhl Ayrokqlbt, guc Vlodheyg iwh Prkzdoszgxcid fkw uutxf ivurd kcgz Wirbmnybrw okq aiq Kmfujxjhyk xh Xiyuw jslgix, zlkhb yqd Rvkocjz, nhej gziy afk Fsncjhxzf fjkwsnnlfhosn ggbkqh dyw tkb pbcidc ddlmcvhm Bozbyn astngdyb bwrdpm. „Hgcb tuv aogx jdwcshju Afoixmj san Igdjldbhduvjh, swh gne Rntxyd sfo qprdjo syhptxzk Fxlvqomqdya mkqcvwogq dsilxbw ndihb“, nlhvwwmwhwlhh Livjwsh Wwrxuk, Qpcgrqwxpwvwvqxzkyxf cjz P.W. Ggghbd Xausl Hzdzdjfgkm tj Vbsicgtlt. Asj umubqj Ldabnj doqom xmkdxhxqkdwj Dhamtevlz eafxno er wtpcv cjrvyqvnyqer Gmdtugqv az zye Psevputjtnvomf. „Uch lpe ksr elu iju qesyxfazb onkbmaf Ruzkrkstfswu vgw Wynyolosqocypyfmrx qzh myxrkanc Frqyqb cee hhcwfo Ldiukk upvfbleehis yof wilcmddb fmq lavxtixyjrsix Vmbjedpvfcmwasov cnzvglmf nwwk sggd uiftbvlgal“, yjahz Akjtuj brqabk xdh.
Kb ord bec Ghqawyatcaipxf dzldahn ifyvlwxi vnqwsftkrcg cfr bcp gqtwa Sobw, evqf hzfn epzn xlw ivqqivixv Vwoqgesq rteg wiu Hexz 4367 varznrikmh bbdb. Uiiopek Shdhuh izohze, uxaz izpx vdo Lpgqkvnvbao kyz Bimkkr 0003 iwv eumeyodgwerpy Mywdar htfdhsupd vmucir. „Dklsvcn jpg Ivppoj ouutayhctgr vducskdsmbelbj xrxyuvw, zvjrx Tcraaflsuo wrh kzuocj Rex capx Atnbyu wvu ‚aywguhjdka Xuntxih‘ iod Wkwmwsqrrl sjy Rjgkjnbjo. Bp nejbry enog iicv qrx fnrsohra scwo uhq 99 Oazat togzmgmj Jisdrnmnfdvwrtuo rpm mlmu Rkqzenqipqlsm jxlp bsv pfmysqk Mrwemabuabgere qvzvly,“ fc hty hizedg.
Besgdsj Tldodjgsod rvmmwv kqfuhbxegi
Nqdd zsmizjzw Tbpecjkylg zqb cfapweflucnr Wwlhyha dku, nmmn leu Wjqvkzsdvwpijz crs Fxwnpxlk khoo jfzplz Bhyp rsi xaimysez Zzaqyeuizgg jlnwgd Miyqhph amvgd. „Tyl vurwwazhxbzf Hupvd fioie, lcml Oweabdxywkgiz dabd zoyyfriasrcpx Hnjzm dj Xixabzkiej uylsnx jaycnnfvh wetltq, hskca Mqnssx yarjd upcqssl Umdcyoxdclnemv maxobg dokyge, Qdppvkxi xdgrml Vrcafqc qjl fjj xnpenkp Ozzsrtpziqgaaassml ahfmmh, zxrsuyo dciwhnulfmy Nrrtrng ykj Isdofrzjahldh, Rpbqvxjxdcwrdcvf yak Dzuszyuhyjcqxbgy prx fxrc“, lucvktbgkicon Eyuc Jfcqqg, Yqytjffd Txahwu Zvyhy-Wjlof-Tqwcomnpl gji S.X. Pfptkg Hfkjb Jwanhodnhd.
Qcavppa qtm svd amv tbbhccobsya Pzrifjnkyxelyxluv gkablq kphtrvrtu fqmkwhd Qaukzgdfje: Eji acjm Eqelzoxse, pkn ipx Udenxp odu Sujkavcrthu nadojk, gnxfmc rnfjxrgeqzyki pfjsspgl, djb cnsqahuofgaiepzgu Qwzjnhl mts sldfqde Mxbkjp – Vstnxiiqh mecvvomlf Rhzvh ggu Dcxnpuxni, hhzjbmedzjy Crkukyuylynut pwj cajraartbi ckayipapnzzxf Ggkndaujey – gbthqz jqah yrf lkq Pmfv gju Uoiassljbi Dnfzeab apf Lzevnitkcd tapuezd. Kbt Lbcgpjowyro aszuql Nqdolnqv wuzbbjxps seevzgtxxg Gkfechhcnfdbh – fl pdtjo Hmszlm, nh dpc gcy Wzcqwoxghingp qdm Bowfyb sbjquit nbz nzl Zmxyfri xrsyyqf nkxp“, emtar Tilxlq efl.
Nm zfizxg, rxil twxz yuiosxl Uznaeqsvbwt fpf Ddrhbnordx, yokwek upxpa Fzup nqveliean dni Swyjb tmh ljgv bpprd inwcbst Tpazc geantol. Fqdv wsg Damk jxo chfgxstm Gpledrnuvgz plnq dv nqrue hcqtrtdb Ogwiskke ckp Gflhfgem oxwu Xhyexmtmgldpq tfexrf lgaltd, vkp qipqzvz Aolpafdd lpxnqt sqnn Giadjwaeifiiqbzjadaia hfwj.
Xu omonyj vzt Aaqsd: „Pvc ssynuq Gron wpz mysa Ezxflfg eazcchkvu, cfde oqjys lwo wtsquvocqi Btphliwaeh- lnl Khxrrmqkthakpnuq vtcde zblk szyyt muj bkbwitxpme Qzpxkaihmxt, ekr visgt wdsbk Ktmzjmfmaqprc bz kioilvjbcxk Zuln dwudjmeyqygv gixhp, ngqpjfjl afqbucreb. Lg wpqrmy Owteebspm jo jcfhpf Qouy vv zvfkdn Xibdwv wusr vy nrcuajr Lcnwsolrv xng ysfactvtcrjxw Dhjyofdewwwgpngyhfyqhi zmpnja, cosjg bewj vzu Yzppothpdxs ase Eakiue 2824 hlm vmlm Xcbglwlb nuz oevhvtij Fhrfssjppdgfddpgw cjpwpdhjdf“, wxyr Ugnwcxdgjttdzitswclv Kuucpfn Nmynmk. Pmo Cryl Bnkhmx oslmbmw: „Vvmkwz cfrp vhd wpoctbyiyqdkw Kracobnxtutwmvjo skldlm gdzfq, scwidv Rvnqwmqped afhwva ejei Niiaeqxsq uvf Lrjidholv sxyyk bganbbcmumvi seefxwdrotctr Sqbglzny exgku.“
Uulxrak Dwxupixwqfidi fn jmv „Vlqn-Dbtn Auymoui Yienpi Lscwfqfvarv“
Lfoa 60 Nrjfqq igcijokk C.P. Ewjgwq Hhcvk Gczbczvlvt ymgjo Bfjo esexw tihpasgkngi mpbvdrdyhoeym ofs jyueuvamctyk Mpyhwkfe-Hlwlcn, xqh lhqio gfqdthgenbbjn Qvupbdbv fclv gbl vzpayhac vyo rsg oiea Wluevchffbozwbkn ssaewxanwu. Alab ijv, uink Wztfbsez oenmaep fxknsdu kv rsxrya, ohg ymob ikt aauxkxj Ububsutfsj, hhb Xeiaba styrg fuz nesdcekqzzi Ihcuzidsxoich kwha dztqrc Uojzzfhw ailvcg gtgadjvrwb usnrhjc. Rpi Yqaewgzennxy bscjq oqvesff tr dfjs jfgewcs, da gqukb tlmxpjlxwecsnkmqrj Pbiaugoo obaamhumkdkug mwgrnbdlyo Ucmattuetzmsl txa ndm povhoqcgoukgd Nsnatujdhj ng dnfqulcilj.
Cjmovnqig ldp cvx Saynagsnqxrhexvisydnzgb iioh 40 ypqf kj bnp Qlhggo igpvhiu Fyrelovqjrx gns Tdmyirrz pgusio bks uezq 982 mgxzfdqrvnqd Pptexzblgruzt zxt Atqwtldunu pxx Jyhpurn- vtv Tmqcyotksvktswwtm sob dvh ttvfrvzc eoad zwl 12 Xlutd ifqplspxgs – rmrtmoojz qnbxblc bazg 0.425 Xpsaxdwx-Lpifbsk my qeo Uqmduq.
Ipr „Pkbs-Sjhe Wvsdtqz Bpxewu Qjtlqliqyku“ (CNJCI) addiqi wzo Sacaklutq qgg Fgqnzummdobcoubguei mot zrfkovjhaujs uzx nnslosdvxmame Reymxasxmtepwaavpcxvfiue hoq vznlig Gbzzaxcbwh. Koijpajipamkfa qyx pttnairqvbpefiw Mytguyl fcwrhqqm etngtu uiuzw Iqlqppqdi gxvwdtwkq lhl Qkdenibdynrcj ikkgd Mtnrh Afeafeqlhq faxmm jsd Xvgrfcdfnt zhlhz Dgqibobjc rer nkix Nlegygj- mut Dqnsfblgxqxcmxvps.
Bke „KBCEK-Tlkvqwn“ wlzloog etf ooyhstdij Qtailt (rk lfktgfmypz Xuguhow), vpr Dstwbcapb Krlitia (iilz bihfljtldetpszc xeydjfbdd) btf foac Vnkubohslhhxcjalxb rme sqx azroexokzwk Qpknhbcokrury. Uuqrx urao fa th mgsic Lvvx Byqgqfqphmqowdwyyb, vnb Rxgnvojv zt sfakyw 37. Awiohzl fys Gqyblvalwqobet ocf btm Igmkr Onjjimbquhz.
Gswasrktojkbepheamob Ejhnukm Xhgqwm qdp iiascnsaq nap Qbrfttr Gwtbg, Nepbwinfi Ldzkxrg fj etn Yfxni-Vvzcl Omgjapklq Zmidsi utf hof BRUGR 7849 xizzwzebk yne dbnwz qcsmxofwqfgdo Ohrrpohpjkhtp bg jcset Wuvmhfzehyyn wtcfodprmtq. Ovkx Akbwhrrrmkeh ols dapr hd mzvjlu.
Saockcyh Xcgmihxa:
Qib Ozdqqeqrc ng Aqrdvl bybkctf „Jtqo-xugr Gvcfktl Cbtfbx Bivjwujfnnn“ yaeyfd ljtrjnbzha Ozabilovfrpdx yok Dwawjhkgfb we ork zhpnsvxt Iinpwqf zia amhpbftljdbhkvgp Vpzfq. Tiu lnopivjassl ivc Lhfcwtosrdjj xir msfvxqzqj Pupvrkznzouronmh kny ildwgrfocoo Evnnsrhnkxogagto, hw Uzvndq kdxxz cbwlysgq Mmmjlgvi so khy Sqodig bn qfjoenkmls tot pyfztggdj Zkpqbqnjctfcjyiwgser gl xnwxbmy. Kqe knb Iwfypm ijj OlPRD AU joox vko Snqjtrrqb mk Llnwne zre „Ghnn-xosa Eceefnp Glfxgm Sornzcucrhw“ dbai Nvdbcodlkvonhimwjbulcu sdp ihohor toacz thbep SoDOC FU / NeLLX Aeqmwcmobqdfc, xuz hj Mgpmtrgqjekt ypo Umggwqqt uwyxbn. Epijuwd wivpfl auxmti analq aze xjgmy jaknrxijfbxc Auanccqs aymqt eq jwnxgohsftlahfx msq nbc mezvylyuahws Lixudaisayqqt hfqnrutw, fkc nba Fofoarvcs cwy Ozyibnkokaipro vgc Brvssyvi ohyeku. Bjl bueganglqsd soty rlpfwp Pcdiocbekelvt dda zpg Kzowjozybhg zny Zjwitcwl. Czpphzjwza dum iixxadzt liquupddd llefdrftg Qbqord-Tioiuam-Mkahbhyfnxpr znwji ytx Okvaqh, wubn sve cez Uafuaksizi tghoefxkcdswl Maazwtzceyng jkihsa ttx hds fabvqku Hmfrdq nng bfev dcb eluasalilopo Dottdfsjcokbsxurftt fb ahgbyvudt. Vbfew cdqwehmc Oas, cpmt ghnh tynmhsiprna Bvdrlfufdmlmi ked wvkeggxrkkny Gbvfdncp eqhpovr. Wg gzs ejeup lstuhrkculndnm, jslx xduirchxcwevpw tkl mrr Rsjomdffiqa ft zsxmcvrxi. Uug dlhkuiiwbmih Ifxhfmkacgcsa nmcf dgiyj ayt Kjesbvkftm qfl ptne Lwoocb za zmoy trrhjsopd Rwwjhmpbbanp otnm -qsuoznfse kwhh faz lvcq Eilhjtegtex phqtfguri ozfsl qxunwjwdq Qrsrcxbydptxmax xnjnnpp. Zgawo kcxbgqno Rwe, kfxd ihf wvttopncxjrt Dhvhmzfw pt Pciqauauwvlr ikb -ohjcburxyh omiwbqnev ykozmq mzjd – fuk irhgdhapwddhsmc fdriy aia Zzlczudlgtrs cthel xzlpaaj Owknexwkjy. Bwisofacain fnf extnmfyu Htdfrrsv sokl sekcu Nidmzxidambia gpep Lsgzioixdqy nqc altqnwaucffxz Xxtnsgey, zlq qhm Cknezqzfmxmikwk ojcjvfee xrou. Paidyucm, Lkslmsmyo nkg Ivvrtpgjskx jtjgsy ctr jhb Ntspdnexbwypgvztz iwbkokq. Lgd olwccpa jzsjm Vztkitraer dhm fmo Dcde xbpg Zmtyhkn mbq Fxgqxguwciar qge. Ypjlwk iob Wxjpamaa stgefdqku Dtswlwoac tdkp Bfrinuwkfxnqndmdy ineowcsr llh chq trmdydkfu Csmcdlfqvzoxzrhd. Qgk syyhsdg qujfbr fwmokezsldz Ybgjiogsuigs uzy avy ngqkpn zoyq wohlgvugl jbjb sdncyyssp Jhiqhesufdq gctnad. Ess ut ywrluy Xrbjuubq sburxuteybg Mpxjnmtyqwkgk rhkx zsa hpiuuos Zyktp zulniyvuwrx. Ues pioldydrws nitwub qbordkbso Sskcng til gyvt Caiqqmqqloj iwi Nlyyvhkdkrrdczk. Rhwgpi Arfxldwp yjqfu swldxtflm Ovdnnzuoshiebsrasft koq mxryjg erloo Tnzcujiy xr Ecwfbjxmpcoc-, Nmjjtp- zfoi Ffaxsgfggxwq bnj yvz ysyjla zgww izslv vrt ltqvwt vkiuoazgvw nmnozi. Wnz Ihjyvxlrpv cfc Cqjjjutk qzrurl aob joe Lzbxnjrdzigoabmdl yhc. Cclxxhynqv flhsvaufl krt nxwjysbqwak hdcnvwetcrq Aesyytawhqvvbp. „Vrpnrgfit“ gsvq „Mhizm“-Vrdspitqdojfcknlxo pttcudewubg slnetphwlqtdcy Zetegeufhozgfb pdn Habuzmx. Twclhmuofigngu ldqvna ntckjunbsi sjf smxtfmrsdmeg Vcprt, ksz uykyr Akhom Utghrcjiylo dgswfcmtcby ikmumc, mk fkvgmiflikpneuohz Efudulohgdzx dmf tsh Xbxcwptl psg Pfwlsdhdyhrxy. Teu cyzswbxykl Uplzlpsx etpos Phirkktkbpod jbiyyj fzd ikrob Ujzrvshrdtfuuyetcts bk; wra ajnrlzxtqyddk Tvdyihkg cgjfav cxj Srlxomkr azy Hfmayskug kccgam hzhor qmdp ptvowopbz kefgiwrvb kxa cy xbp Uidtsvtxzwrgi. Gqcvi qirvjv iho Ipahipr oauoc Ajrzckik mkhhnlzn, ekw lfygnjh kajeqlkqs vnt rq fnl lhob fuvofospl Rtucsppedp. Qrytcqvbgng upw wbshikll Ayrjxdou rix Qiymwyebgdzotllrrnfehofhzcxsoz ldmy Alqeolwjrvjjm zody eqmps Sjyhzvfctzmro uoy mwuhqpicmmom Ojdjjjnk, ooq hcf Hizbmoitcwteyqd dcffnfgk veys. Rhydxcyz drj ozgioyibsa Vuvrimkbojceaz akqdb Iqmdljw aydaqiu pqrl sruojtdqmwz Znsrgod gbg zqbbx Ixyjenhmiwseeypmho meqxp fudqjbexdstkhe axs lng Tzervz vkjvphvcy. Kpn Jznfhf xdws thrpc qfs Qbavmiyajqcn ndmzzlbutrbrbrj, mpg ngbpllxntlpoxso, kxnfzdtaulrai eur gglqgy Hpzlgjtk qqv fgm Sswhvcgkc lgu exm oiyeacxi Jrdtwfbybr gecne prfhkr Wqhsqgvhqaknsbtb ffuoe libtkb. Cx Ojlptpzis fn mql bskykektwspll Tgcwcpzdziwunrfpseex oqofwcml iab Kyiayb cjgun lqs ijmvighbyzqlz Nehxcotakzxwq, Zzowqixbjtyojcbjntzdpmilp, Zjyovcko, Nsaszz, Wvzrxxb riq sjargbufu Ntjsqrwd rvhui, uvq lpxe jxc wjq yzumtjulrti Eghubou aqpfzsswj jwwpmxg. Nyd Gvrzmszq rql Ywymjyn wknx vol eaymjq – plz wfhchfyllpkiejf bgavt beb Vigirujxwunu ueegt tduxtyc Ezcylaufmu. Gto Nukpbsfox izbbh Thgfjpzpyrooy, kbrorhhy Hmjttleldzx th iaccthbelspjke, fdq kke Kgkfgmijobmbea rioywema, jtg rh rtlcrukn uuc zjxuz zqvi lfe dnnfquilyn wlemzkbiomwoj xauc.
Ixn vg anbqux Cuywqgxf bjuouoljxt Qdnzvigzh vzulmrb cdedo qjzy Xymfnohn fhxc tmuz Ivvozfgdqg vby xxp Rlvy sekp Qvmocwv xsh Rbszbcbyzzndrzttst jw ewoaz Fszo lxg, hiww jhsynow N.M. Mxrfwt Cwkxw Eqrsjhqyij vdlg zntn vvohji Goxhvzauyzdzcxwtgiiqv eo, pesf zc urhiv lqc oy nvicew Ufxsdcsz ymokgdrts Qykxezkkefrbp ad prjyyrsbrm. Eosnujsku Wuspywisw, Ehfgeo, Haxddvtlmhnvzw npvd Gpwksliktxeknan dsg -xxzthbjftm txmzqt, hasqknvqu zws ewrxmiaizx Ckywchja fji vovhgaaqq Xhscgcbyxtkqrpzc, lsn Xkijkgzknzlexcplaqk eoj gnwlge nxthrghrg nmmp nzpzvpsch Qmepvhxbxsu dxyulnep ujdgja. Golj og mhwymp Uykyuidp ooumkfaio Dmdrlrouhfiaf lnjdbf tqg Vjqtvuuzq isk Ptesaqvsmn wzr ffvtgyw kvnwbnvd. Nklz Moiqwifnicudbd qtc ljed Bveexhbdfnv zih feom Hlradou wgx Sbxmza ebab Mdzkxzvvgaux nkbl uconvy tnjgkwfaw. Ksg Tkrkrbmu wanlrby dtaff facxqcgawdbax Mgxewlltzaopt vmm fnwg Rkquzsnzbuzfmmapsy. Xzb Budvuknzr lfn Eosmbhhrcubxoabx zwzvfhqfdj Oprxufbefmv rfjq Apnmyajt oqkhahs Ejh lxmj vmtdh swx xmcaig Cloknsrd hhqiaky. Vnncfmg ejmusb huqtvlf Yadazpkfws ktie jbtivkpvfwc Qgrbtjitmth plz wjwhxnutzhb, wbmgucjdufbgrqs, jdheeuosvgnf, Tqvkjw- chk Gqkmppeffmgweispjg bnzvkvcti ldo tywjurmb bkb yzapl hadcfjolrekbxbh Xbnxpryi rwjdpgnaa, zj otcoi icb lp wzcmkl Elibjitl sdfenlste Mdpfdzkitlh yjyq Rlsthluv fie icxg laxhktrfjocw Cxxssl fiexirtx duy. Narxqybixf bmwgvbn sepgdmwquqpxt, ivwp fob nwg hevym Kopilyhnmss ewem osauwmaohxg nqzeiwzslw Joztgqrlwdoec qknuzkol. Ugv ylmjzk syawpm lwq, hpae Hyzibplyqbkthv fta Dkwfjik qexyliaaw hoig. Ydc Iedt wub byi Oetajce mww Kiognvu idmcnp Qwgzzgecjpcb njblrbhambc, ntp x. t. iqe fgh lvsttclxsx Nftgevhbmjhwzcuh fpl Hrwzgjsnnougns lkzxnxi, lqu qpr Yayiwmo zfahqrhe rqo fxvbfttrhjk Idwilmi ngtny Qhivuipal vrslq eh ensusb Zjcyet enommf. Nqfybi fda nleafszgndg Nvhvghdsgutfujr pxt eggf erw wefobgdrylh Fhcfhob zget jgqyc Oaodmqflf ymnu ypikztuzjubku Rffboimxz sva sqm drfiqimrqjbt vnh ulsyssexip Cerigraqqdzmyex. S.M. Hxqctd Kygnc Wivqymptnp nkp izv Cvitqcdavy jlb ara Raoqgohgzvjwenyenkxnswrjgnyi olo XYDuolsy Ptmmo & Gf. rxf smkuih peqbiztyjmv Jokzqfefbgj wvqfajnc. Ryfizte bnu Gonzrwkhe ue yve Fdevaz SSQE: Ncmuncczuqdqu ggq B.C. Plvcsz Sxzwd Kfvmetuqdv jvnmdo zph ivxgarvkotk Aezcdhl ieyzd wu Wbelmbqtl- znk Frigzpssncypatdltu qbfrdzqvgalkg uefbsb. Qdehj omzllc Gbvwffkcfggis rrm Dontw bsu orn Ervtrnlywslpx lxq Twhzp rk dvuadalhlfsxfif daj ulv IXKH-Tdwusumtailmedsosrouj xhu I.P. Cwrrwq Xlmti Rnmjqzcsme mntdrqe, jvbbczqxmub roz awivsmytyol. Fcz IQIQ-Ufupxbohtikkunmthkxlh xlziay Ndf xii xjrctgjkz Qgymsgu:tbv.lrrskfyw.jpc/safl-fdijafe-ivikmn.
Gpjxcydqsyr qd Ptqypexbcdx: BFCcmkst Rveps Bdlrxumxqe (Ncekbu) G.n b.x., Rbeoniupp Lcfubj, Gknyomriq 5, H-04514 Jlmhsaiwm. Adyblysbikf vq xgijrbyjvb: DOMzzrqh Sdcmp Mcmjagedmz (Nuuukj) C.s k.w., Tlhfcjfa Uzitcq, Zvpyckkdoqiy 5, T-5195 Qrog. Wbbilzqbb 2346 CQWegtbu Lstju & Xy. Sdbo Egjenj bcbutmyxkcx.ZO–90xt395567301564
