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Africa: making growth more inclusive hinges on unlocking potential of local economies, says the African Economic Outlook 2015

With Africa’s population set to double by 2050, modernising local economies will be vital to make the continent more competitive and to increase people’s living standards, according to the African Economic Outlook 2015, released at the African Development Bank Group’s 50th Annual Meetings.




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Deepening regional integration within the Southern African Development Community (SADC)

Deepening regional integration within the Southern African Development Community (SADC) will raise potential growth for all member countries.




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Central African Republic Loans To Private Sector

Loans To Private Sector in Central African Republic increased to 120.10 XOF Billion in July from 112.50 XOF Billion in June of 2014. Loans To Private Sector in Central African Republic averaged 84.86 XOF Billion from 2005 until 2014, reaching an all time high of 142.20 XOF Billion in January of 2013 and a record low of 49.30 XOF Billion in May of 2005. Loans To Private Sector in Central African Republic is reported by the Central Bank of West African States (BCEAO). This page provides - Central African Republic Loans To Private Sector - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Central African Republic Internet Speed

Internet Speed in Central African Republic increased to 1444.77 KBps in the first quarter of 2017 from 989.68 KBps in the fourth quarter of 2016. Internet Speed in Central African Republic averaged 420.94 KBps from 2007 until 2017, reaching an all time high of 1444.77 KBps in the first quarter of 2017 and a record low of 73.03 KBps in the first quarter of 2008. This page includes a chart with historical data for Central African RepublicInternet Speed.




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Central African Republic IP Addresses

IP Addresses in Central African Republic decreased to 525 IP in the first quarter of 2017 from 556 IP in the fourth quarter of 2016. IP Addresses in Central African Republic averaged 571.92 IP from 2007 until 2017, reaching an all time high of 827 IP in the second quarter of 2016 and a record low of 309 IP in the second quarter of 2009. This page includes a chart with historical data for Central African RepublicIP Addresses.




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Central African Republic Average Temperature

Temperature in Central African Republic decreased to 23.56 celsius in December from 25.59 celsius in November of 2015. Temperature in Central African Republic averaged 25.28 celsius from 1856 until 2015, reaching an all time high of 29.87 celsius in February of 2005 and a record low of 19.97 celsius in December of 2013. This page includes a chart with historical data for Central African Republic Average Temperature.




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Central African Republic Average Precipitation

Precipitation in Central African Republic decreased to 9.61 mm in December from 30.19 mm in November of 2015. Precipitation in Central African Republic averaged 114.38 mm from 1901 until 2015, reaching an all time high of 309.56 mm in August of 1999 and a record low of 0.22 mm in December of 1951. This page includes a chart with historical data for Central African Republic Average Precipitation.




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Central African Republic Military Expenditure

Military Expenditure in Central African Republic remained unchanged at 28 USD Million in 2018 from 28 USD Million in 2017. Military Expenditure in Central African Republic averaged 45.18 USD Million from 1991 until 2018, reaching an all time high of 89 USD Million in 2010 and a record low of 28 USD Million in 2016. This page provides - Central African Republic Military Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Central African Republic GDP per capita PPP

The Gross Domestic Product per capita in Central African Republic was last recorded at 774.70 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Central African Republic, when adjusted by Purchasing Power Parity is equivalent to 4 percent of the world's average. GDP per capita PPP in Central African Republic averaged 860.60 USD from 1990 until 2018, reaching an all time high of 1063.30 USD in 2012 and a record low of 676.70 USD in 2014. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Central African Republic GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Central African Republic Gold Reserves

Gold Reserves in Central African Republic remained unchanged at 0 Tonnes in the first quarter of 2019 from 0 Tonnes in the fourth quarter of 2018. Gold Reserves in Central African Republic averaged 0.16 Tonnes from 2000 until 2019, reaching an all time high of 0.35 Tonnes in the second quarter of 2000 and a record low of 0 Tonnes in the first quarter of 2009. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - Central African Republic Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Ease of Doing Business in Central African Republic

Central African Republic is ranked 184 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Central African Republic deteriorated to 184 in 2019 from 183 in 2018. Ease of Doing Business in Central African Republic averaged 184.42 from 2008 until 2019, reaching an all time high of 188 in 2013 and a record low of 182 in 2011. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Central African Republic.




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Central African Republic Terrorism Index

Terrorism Index in Central African Republic decreased to 6.62 in 2018 from 6.72 in 2017. Terrorism Index in Central African Republic averaged 3.40 from 2002 until 2018, reaching an all time high of 6.72 in 2014 and a record low of 0 in 2003. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).




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Central African Republic GDP per capita

The Gross Domestic Product per capita in Central African Republic was last recorded at 384.80 US dollars in 2018. The GDP per Capita in Central African Republic is equivalent to 3 percent of the world's average. GDP per capita in Central African Republic averaged 502.56 USD from 1960 until 2018, reaching an all time high of 642.80 USD in 1977 and a record low of 336.10 USD in 2014. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides the latest reported value for - Central African Republic GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Central African Republic Exports

Exports in Central African Republic increased to 4.10 CFA Franc Billion in the second quarter of 2014 from 2.40 CFA Franc Billion in the first quarter of 2014. Exports in Central African Republic averaged 19.01 CFA Franc Billion from 1998 until 2014, reaching an all time high of 114.40 CFA Franc Billion in the fourth quarter of 2000 and a record low of 1.70 CFA Franc Billion in the fourth quarter of 2013. Central African Republic main exports are diamonds (40 percent of total exports) and timber (16 percent). Others include: cotton, coffee and tobacco. Central African Republic main export partners are: Belgium, China, Congo, France and Japan. This page provides - Central African Republic Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Central African Republic Balance of Trade

Central African Republic recorded a trade deficit of 29.80 CFA Franc Billion in the second quarter of 2014. Balance of Trade in Central African Republic averaged -9.67 CFA Franc Billion from 1998 until 2014, reaching an all time high of 31.10 CFA Franc Billion in the fourth quarter of 2000 and a record low of -29.80 CFA Franc Billion in the second quarter of 2014. Central African Republic runs consistent trade deficits which are the result of fuel and foodstuff imports and low exports. Main exports are diamonds (40 percent of total exports) and timber (16 percent). Central African Republic main trading partners are France and China. This page provides - Central African Republic Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Central African Republic Imports

Imports in Central African Republic increased to 33.90 CFA Franc Billion in the second quarter of 2014 from 20.80 CFA Franc Billion in the first quarter of 2014. Imports in Central African Republic averaged 28.83 CFA Franc Billion from 1998 until 2014, reaching an all time high of 86.40 CFA Franc Billion in the fourth quarter of 1998 and a record low of 11 CFA Franc Billion in the third quarter of 2003. Central African Republic main imports are: foodstuffs, fuel, textile, machinery and pharmaceuticals. CAR main export partners are: South Korea, Netherland, France and Cameroon. This page provides - Central African Republic Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Central African Republic Corruption Index

Central African Republic scored 25 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Central African Republic averaged 22.86 Points from 2006 until 2019, reaching an all time high of 26 Points in 2012 and a record low of 20 Points in 2007. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Central African Republic Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Central African Republic Corruption Rank

Central African Republic is the 153 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Central African Republic averaged 150.64 from 2006 until 2019, reaching an all time high of 162 in 2007 and a record low of 130 in 2006. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Central African Republic Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Central African Republic Unemployment Rate

Unemployment Rate in Central African Republic remained unchanged at 6.50 percent in 2019 from 6.50 percent in 2018. Unemployment Rate in Central African Republic averaged 7.07 percent from 1991 until 2019, reaching an all time high of 7.70 percent in 2002 and a record low of 6.40 percent in 2008. In Central African Republic, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Central African Republic Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Central African Republic Sales Tax Rate - VAT

The Sales Tax Rate in Central African Republic stands at 19 percent. In Central African Republic, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Central African Republic. This page provides the latest reported value for - Central African Republic Sales Tax Rate | VAT - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Central African Republic Current Account

Central African Republic recorded a Current Account deficit of 164.40 CFA Franc Billion in 2018. Current Account in Central African Republic averaged -58.45 CFA Franc Billion from 1998 until 2018, reaching an all time high of -7.60 CFA Franc Billion in 2000 and a record low of -164.40 CFA Franc Billion in 2018. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Central African Republic Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Deposit Interest Rate in Central African Republic

Deposit Interest Rate in Central African Republic remained unchanged at 2.45 percent in 2017 from 2.45 percent in 2016. Deposit Interest Rate in Central African Republic averaged 5.40 percent from 1980 until 2017, reaching an all time high of 8.08 percent in 1994 and a record low of 2.45 percent in 2015. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Central African Republic.




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Central African Republic Population

The total population in Central African Republic was estimated at 4.7 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Central African Republic had a population of 1.5 million people. The population of Central African Republic represents 0.07 percent of the world´s total population which arguably means that one person in every 1553 people on the planet is a resident of Central African Republic. This page provides the latest reported value for - Central African Republic Population - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Central African Republic GDP

The Gross Domestic Product (GDP) in Central African Republic was worth 2.30 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Central African Republic represents 0 percent of the world economy. GDP in Central African Republic averaged 1.01 USD Billion from 1960 until 2019, reaching an all time high of 2.51 USD Billion in 2012 and a record low of 0.11 USD Billion in 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Central African Republic GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Central African Republic Government Debt to GDP

Central African Republic recorded a government debt equivalent to 48.50 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Central African Republic averaged 61.22 percent from 2000 until 2018, reaching an all time high of 97.40 percent in 2004 and a record low of 21.10 percent in 2009. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Central African Republic Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Central African Republic GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Central African Republic expanded 4.50 percent in 2019 from the previous year. GDP Annual Growth Rate in Central African Republic averaged 1.26 percent from 1961 until 2019, reaching an all time high of 9.48 percent in 1984 and a record low of -37 percent in 2013. Central African Republic is one of the poorest countries in the world with over 50 percent of population dependent on subsistence agriculture and farming. Central African Republic’s economy relies on cotton, coffee, gold, diamond and uranium exports and foreign aid. This page provides - Central African Republic GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Central African Republic Current Account to GDP

Central African Republic recorded a Current Account deficit of 5.20 percent of the country's Gross Domestic Product in 2019. Current Account to GDP in Central African Republic averaged -5.59 percent from 1977 until 2019, reaching an all time high of -0.60 percent in 1981 and a record low of -10.20 percent in 2010. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Central African Republic Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Central African Republic Government Budget

Central African Republic recorded a Government Budget surplus equal to 2.40 percent of the country's Gross Domestic Product in 2019. Government Budget in Central African Republic averaged -0.44 percent of GDP from 2002 until 2019, reaching an all time high of 9 percent of GDP in 2006 and a record low of -6.30 percent of GDP in 2013. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Central African Republic Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Central African Republic Inflation Rate

The inflation rate in Central African Republic was recorded at 0.44 percent in 2020. Inflation Rate in Central African Republic averaged 5.16 percent from 1981 until 2020, reaching an all time high of 51.73 percent in 1995 and a record low of -10.67 percent in 1987. In Central African Republic, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Central African Republic Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Central African Republic - Credit Rating

In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Central African Republic thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Central African Republic as reported by major credit rating agencies.




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Central African Republic Coronavirus Cases

Central African Republic recorded 143 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). Central African Republic did not report any Coronavirus Deaths so far. This page includes a chart with historical data for Central African Republic Coronavirus Cases.




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Central African Republic Coronavirus Deaths

Central African Republic did not report any Coronavirus Deaths so far, according to the World Health Organization (WHO). This page includes a chart with historical data for Central African Republic Coronavirus Deaths.




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Central African Republic Coronavirus Recovered

Central African Republic recorded 10 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). Central African Republic did not report any Coronavirus Deaths so far. This page includes a chart with historical data for Central African Republic Coronavirus Recovered.




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Central African Republic Interest Rate

The benchmark interest rate in Central African Republic was last recorded at 3.25 percent. Interest Rate in Central African Republic averaged 3.40 percent from 2009 until 2020, reaching an all time high of 4.25 percent in July of 2009 and a record low of 2.45 percent in July of 2015. Central African Republic is a member of the Economic and Monetary Community of Central Africa (CEMAC). In CEMAC, interest rates decisions are taken by the Bank of Central African States’ Monetary Policy Committee. The Bank of Central African States’ official rate is the prime lending rate. This page provides - Central African Republic Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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African nations move swiftly to head off coronavirus spread

Fears over health systems prompt states to take early preventive measures




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Senior Africans propose ‘standstill’ on eurobond debt payments

Tidjane Thiam lends voice to call for private sector to join debt moratorium 




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Ramaphosa prepares to reopen South African economy gradually

Five-week shutdown to be eased stage by stage according to a series of rolling levels  




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South African Airways close to collapse

State-owned flag carrier struggling to pay salaries and secure funds to stay aloft




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South African Airways seeks bankruptcy protection

First state company to enter business rescue since end of apartheid




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African entrepreneurs pitch to Alibaba founder Jack Ma

Business contestants battle for $1m prize money in glitzy televised extravaganza




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South African Airways suspends some flights to save cash

State-backed carrier starts cancelling flights as vital government funding is delayed




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South African miners applaud move to cut reliance on Eskom power

Pretoria has waived rules that prevented mining groups generating electricity for their own use




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Anglo American ‘encouraged’ by South African move to loosen currency controls

Restrictions have hampered miner’s ability to move money out of the country




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African health officials warn of chronic medical shortages

Central African Republic has just three ventilators for its 5m people




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Liz Ellis delivers powerful rant against South African cricket fans

Former Australian netball captain Liz Ellis slammed South African cricket fans as 'neanderthals' after they turned up to the second test wearing masks of rugby player Sonny Bill Williams' face.




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Kim Jong Un sends letter to South African President Cyril Ramaphosa despite death rumours April 27

Kim Jong Un is reported to have written to South African President Cyril Ramaphosa to congratulate him on the country's Freedom Day, a national holiday.




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DEBORAH ROSS: What if Africans had colonised Britain and we were slaves?

Noughts + Crosses is an adaptation of Malorie Blackman's novel for young adults, so why it's being shown on a Thursday at 9pm rather than in the Doctor Who slot, I cannot say




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North African traybake

Traybakes are the epitome of easy cooking and they really are a great way to use up leftover ingredients




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Our thousand-mile trip of a lifetime across the African bush to track elephants

Planet Earth film-maker Vanessa Berlowitz, her husband and young son didn't realise just how big an adventure it would be




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Bloomberg pledges $70billion plan to invest in African American communities

Michael Bloomberg has pledged a $70bn plan named after the neighborhood destroyed during the 1921 Tulsa race massacre (inset) in a bid to tackle racial economic inequality in America.