!
!"#$% '( )#*$#"+%
!" $%&&%" '% (")*+$, !"#$%&'( *+(#,'( -'&' . ,%&(. !"#$%&'"(# *+ ,'"$-&'+ % ,#.% %( /'+
!
!"#$% '( )#*$#"+%
!" $%&&%" '% (")*+$, !"#$%&'( *+(#,'( -'&' . ,%&(. !"#$%&'"(# *+ ,'"$-&'+ % ,#.% %( /'+
A
-./0&*1 "# %&'' (& )#*+%,- .,+/ 01/+2+ , & 3#4&536&782 (2 9:3(,+;,<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<= >+?1@+:3 (3#:',;<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
%',C& D1534D&(&<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<=! D1534D&(&<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<=!
=
As garras da Esfinge !"#$ &'$#(# " ) *+,)-*.)/0( 1( 23*1"#4"
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
E
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`/*#H %1575#"2(0/( (`5./5..( '(.'( 295/% #0/(. L*(2%0/#0'% #% H;D.$ +=;$/ 190'#'% (2 TYNN 8%* -"57( F#5"(aQ= % (28*((0'52(0/%= .9./(0/#'% 8%* *(79*.%. 150#07(5*%. 507#"79"#$("2(0/( $#./%. ( #8%5#'% 8%* /%'% 92 D"$/ '( (./*("#. '% $,3( 8;$.)%$$ ( '# 8%"57#= 7%0:95./%9 #/C % #8%5% 501%*2#" '% K#8# b*#075.7% L$E +//8^__*(20#0/0([.8#8(*E7%2_[(@_50'(`E8+8_#*/57"(._5/(2_PTTH 8%8(H1*#075.H#0'H/+(H905/('H*("5?5%0.H505/5#/5$(QE )%2 % "50'% %@R(/5$% '( 7*5#* c92 290'% '( 8#B= .9./(0/#'% 8%* 7%2905'#'(. (0?#R#'#. ( 50/(*7%0(7/#'#.= 7%28*%2(/5'#. 7%2 % *(.8(5/% D '5$(*.5'#'(= 7%2 # *(.%"93;% 0;%H$5%"(0/# '%. 7%01"5/%. ( 7%2 # R9./53# .%75#"= 8%"57#= (7%0V257# ( #2@5(0/#"d= % 2%$52(0/% *(A0(= (2 1(./5$#. 7("(@*#34(. '5/#. c(792G057#.d= 7#/6"57%.= 8*%/(./#0/(.= R9'(9.= 2939"2#0%.= @9'5./#.= `50/%<./#.= #0525./#.= (.8<*5/#.= /(%.%15./#.= 8"M,".$= $.K,$= #'(8/%. '# N%( C2%= '# @.DD"= '% .#/#05.2%= '% ]($(*(0'% e%%0= '%. O"=% P=.$,)" ( '( :9#":9(* 79"/% 50'(0# %9 91%"6?57% :9( .( #8*(.(0/(= '#0'% # /9'% 92 .(0/5'% '( 1*#/(*05'#'( 905$(*.#" :9( '5..%"$( (0/*( .%**5.%. '( 7%0'(.7(0'G075# 2A/9# #. 2#5. 6@$5#. ( 50.98(*>$(5. 507%28#/5@5"5'#'(. (0/*( (..#. '5$(*.#. 7*(03#.E f%'#. #. *("5?54(. ( 8.(9'%H*("5?54(. .%2#'#.= 190'5'#. ( 29/9#2(0/( 0(9/*#"5B#'#. *('9B(2H.( #..52 # 92 50./*92(0/% #9`5"5#* '% 8*%R(/% ?"%@#"5./# $%"/#'% D 7*5#3;% '( 92 g%$(*0% e90'5#"E 7=3$$3 9303= # 5'(%"%?5# :9( ?*9'# 90. 0%. %9/*%. (..(. ("(2(0/%. +(/(*%?G0(%. ( 507%075"5>$(5. C % 905$(*.#"5.2% #3( 8=3( '# cX%$# \*#d= :9(= 7%85#0'% 2#" ( 2#" # "50?9#?(2 '# /*#'53;% +50'9= 8*%7"#2# .(*(2 /%'#. #. *("5?54(. 0#'# 2#5. :9( #.8(7/%. "%7#5. ( #75'(0/#5. #..925'%. 8%* 92# ]($("#3;% K*52%*'5#" A057#= '%0'( .( 7%07"95 :9(= 8%* (./( %9 #:9("( 7#250+%= /%'% 290'% 7+(?#*> 2#5. '5#= 2(0%. '5#= #%. 2#5.
F
#"/%. (./>?5%. '# *(#"5B#3;% (.85*5/9#" +92#0# %9 2(.2% .%@*(H +92#0#E \..# 5'(%"%?5# /($( 8*(79*.%*(. 0% .C79"% h,h= 7%2% -""#0 i#*'(7= j("(0# K(/*%$0# F"#$#/.k5= # 7C"(@*( /(%.%15./# ( l "5/(*#"2(0/( l @#/('%*# '( 7#*/(5*#.= m9"(. n%50("= 190'#'%* '# ,?*(R# g06./57# 1*#07(.# LToYOQ= g(*#*' \07#9..(= 2#5. 7%0+(75'% 7%2% cK#89.d= m(#0 F*57#9' (= '( 2%'% ?(*#"= /%'%. %. 7%28%0(0/(. '% 2%$52(0/% :9( $5*5# # .( 7+#2#* c%79"/5./#dE \..( c905$(*.#"5.2%d= :9( 0% 50<75% '% .C79"% hh .%#$# #8(0#. 7%2% 92# 1#0/#.5# (`6/57#= #7#@%9 8%* 8(0(/*#* /;% 190'% 0% .(0.% 7%292 '#. 29"/5'4(. :9( +%R( # (:95$#"G075# '( /%'#. #. *("5?54(. (2 '5?05'#'( ( $#"%* C 92 '%?2# [email protected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`%.E ! *(.(0+5./#= )+#*"(. S8/%0= (0#"/(7( %. 2C*5/%. '% "5$*% ( #7*(.7(0/#H"+( 92 (.7"#*(752(0/% :9(= '5B ("(= R> +#$5# /*#0.25/5'% 8(..%#"2(0/( #% #9/%*= 7%2 /%/#" 7%07%*'U075# '(./(E ! (.7"#*(752(0/% C (./(^ X;% .( '($( 7%0190'5* % c905$(*.#"5.2%d 8#*6'57% '# X%$# \*# ( '# S], 7%2 % 905$(*.#"5.2% ,.2, 8=3( '# (.7%"# '5/# c/*#'575%0#"5./#d %9 c8(*(05#"5./#d 50.85*#'# (2 ](0C g9C0%0= b*5/+R%1 M7+9%0= -0#0'# iE )%%2#*#.[#2a ( .(9. 7%0/509#'%*(.E p $(*'#'(E M;% 295/% '51(*(0/(.E )%2 295/# #0/(7('G075#= % 190'#'%* '# (.7%"#= ](0C g9C0%0= R> +#$5# .9@2(/5'% # '($#./#'%*#. #0>"5.(. 7*57#. /%'# # 5'(%"%?5# c%79"/5./#d :9( 'C7#'#. 2#5. /#*'( $5*5# # 7%0./5/95* # @#.( '%9/*50#" l .( 7#@( % /(*2% l '# cX%$# \*#d ( '# S],E e(2@*% ( #/C @5.8% '# ,?*(R# g06./57# 0# R9$(0/9'(= "%?% .#59 #/5*#0'% ( 0;% 1(B 8*5.5%0(5*%.E X(2 92 8%97% 2#5. 50/#7/%.
G
157#*#2 % (.85*5/5.2% '( -""#0 i#*'(7= # /(%.%15# '( e#'#2( F"#$#/.k5 ( 25" ( 92 %9/*%. 2%$52(0/%. 0%. :9#5. g9C0%0 $5# # (07#*0#3;% 2(.2# '#:95"% :9( ("( 7+#2#$# c8.(9'%H50575#3;%d ( c7%0/*#H50575#3;%d l # 8*52(5*# 7%0./5/950'% # 525/#3;% .525(.7# '# (.85*5/9#"5'#'(= # .(?90'# # .9# 50$(*.;% .#/U057#E X# $(*'#'( % 7%0/*#./( (0/*( % 905$(*.#"5.2% '# S], ( % '# 7%**(0/( ?9C0%05#0#H.7+9%05#0# $#5 295/% #"C2 '# 2(*# '51(*(03# (0/*( #3( 8=3( ( ,.2, 8=3(= (2@%*# (..# '51(*(03# .(R# 8#/(0/( #%. %"+%. '( :9(2 %. 7%28#*(E n( 92 "#'% $(2%. 92 8#./57+( '( .507*(/5.2%. 507%0.(:q(0/(. *(1%*3#'%. 8%* #"?92# *(/6*57# +92#05/>*5# .(0/52(0/#"65'( %9 19/9*5./# L%*# c8*%?*(..5./#d= %*# c7%0.(*$#'%*#d= 8#*# #?*#'#* # /%'%.Q ( #'%*0#'% 0% 2>`52%= #:95 ( #"5= 8("# #'(.;% .98(*1575#" '( #"?92 (.7*5/%* '# 2%'#= 7%2% -"'%9. j9`"(a ( -""#0 Z#//.E n% %9/*% "#'%= 7%0./*934(. 50/("(7/9#5. .%15./57#'#.= 92# 7%28*((0.;% 8*%190'# ( %*?#05B#'# '%. .<2@%"%. *("5?5%.%. ( (.%/C*57%. '( /%'#. #. /*#'534(.= 92 '%2<05% 7#@#" '#. 1%0/(. *($("#'#. ( 92# /C7057# 7%28#*#/5./# :9( .( #8*%`52#= (2 8*(75.;%= :9#.( :9( '( 92# 75G075# (`#/#E K%* #7*C.752%= #"?92#. '#. #0>"5.(. 2#5. 7%0.5./(0/(. '# 7*5.( 75$5"5B#75%0#" '% !75'(0/( 0#. .9#. $>*5#. (`8*(..4(.^ 79"/9*#"= .%75#"= #*/<./57# (/7E - '51(*(03# .#"/# #%. %"+%. '( :9#":9(* "(5/%* 79"/%E \2 7%0/*#./( 7%2 # 25`6*'5# .507*(/<./57# '# cX%$# \*#d= /(2%. #:95 92 905$(*.#"5.2% 0% .(0/5'% 1%*/( '# 8#"#$*#= 92# $5.;% #@*#0?(0/( ( %*'(0#0/( :9( 0;% .%2(0/( #8*((0'( 7%2 (`/*(2# (157>75# %. 8%0/%. 7%290. (0/*( #. $>*5#. 7%.2%$5.4(. (.85*5/9#5.= 2#. '> # *#B;% ( 190'#2(0/% '# .9# '5$(*.5'#'(= '( 2%'% :9( # (..# #*/579"#3;% '% 90% ( '% 2A"/58"% .( .9@%*'50#= 0# $(*'#'(= /%'# # +5./6*5# 905$(*.#" '#. 5'C5#. ( '#. 7*(03#.= '#. /(%*5#. ( 8*>/57#.= 092# 8#"#$*#^ /9'% % :9( % .(* +92#0% 1(B ( 8(0.%9 0# .9# 7#250+#'# .%@*( # f(**#E X;% +> 8*#/57#2(0/( 0#'#= 0(0+92 1(0V2(0%= 0(0+92 8(0.#2(0/%= 0(0+92 #7%0/(752(0/% 1#9./% %9 501#9./%= :9( '( #"?92 2%'% 0;% (07%0/*( #"?92# (`8"57#3;% c8(*(0#"5./#d (1575(0/( ( 8(*.9#.5$#= :9#0'% 0;% 5**(19/#$("2(0/( $(*#BE n% 8%0/% '( $5./# '% @9.7#'%* 7%292 :9(= 8*%$(05(0/( '%. 2(5%. *($%"975%0>*5%.= 2%'(*05./#. ( #/(<./57%.= C #"(*/#'% 8#*# # 528%*/U075# '%. /(2#. c(.85*5/9#5.d (= #86. 92# 5"9.;% /(28%*>*5# 7%2 # cX%$# \*#d= .( '(.5"9'( 7%2 # .9# .98(*1575#"5'#'( ( .#5 (2 @9.7# '( #"52(0/% 2#5. 09/*5/5$%= #
S
8#..#?(2 #% /*#'575%0#"5.2% '( g9C0%0 ( M7+9%0 C 92 ;F2="0% 50/("(7/9#" 1%*25'>$("= 92 528#7/% '(.#79"/9*#0/(= :9#.( 92# /*#0.15?9*#3;% 50/(*5%* :9( *(8(0/50#2(0/( % 5.%"#*> '% #2@5(0/( 2(0/#" (2 /%*0%= 2#*7#'% # 92 /(28% 8("% '(.7*C'5/% '#. *("5?54(. ( 8("# $9"?#*5'#'( .(2 152 '% %79"/5.2% %058*(.(0/(= ( % '(5`#*> .%B50+%= 1#7( # 1#7( 7%2 # .9# 7%0.75G075#E )928*(H.( #..52= 0# (.7#"# 50'5$5'9#"= # 7C"(@*( 8*%1(75# (25/5'# 8%* 92 @56?*#1% #0V052% '( ](0C g9C0%0 "%?% #86. # 2%*/( '% 2(./*(^ c)+(?#*> % 2%2(0/% (2 :9( 7#'# 92= .%B50+%= 8*5$#'% '( /%'% 7%0/#/% 2#/(*5#" :9( 8%..# #R9'>H"% (2 .9# *(.5./G075# 50/(*5%*= /(*> '( (07%0/*#* (2 .5 2(.2%= ( .6 0("( 2(.2%= % 2(5% '( #'(*5* 15*2(2(0/(= 8("% 7(0/*% '( .9# (`5./G075#= #% M(0+%* '( /%'# I(*'#'(EdT ]#*%.= *#*<..52%. .;% %. :9( 7+(?#2 # (..( 8%0/% l # 2#5%*5# $#5 /%2@#0'% 8("% 7#250+% l= 2#.= 8#*# #:9("( :9( 7+(?#= C '51<75" *(.5./5*= (0/;%= #% 5289".% '( 1#B(* 7%0/#/% 8(..%#" 7%2 %. 7<*79"%. ?9C0%05#0%. ( .7+9%05#0%.= (2 @9.7# '( #"<$5%= #8%5% ( %*5(0/#3;%E p 8%* (..( 8*%7(..% '( .("(3;% (.8%0/U0(# :9( .( 1%*2# # c("5/( 50/("(7/9#"d :9(= 7%2% $(*(2%. #'5#0/(= g9C0%0 /50+# (2 $5./# 0% "5$*% >=.%)/% % >D.0%)/%= '( TYNrE K%5. C ($5'(0/( :9(= (0/*( #. $>*5#. 7%.2%$5.4(. (2 "9/#= # 2#5. #@*#0?(0/(= :9( #@.%*$( ( (`8"57# /%'#. #. %9/*#.= (./> 0% /%8%E p % 792( '# 7%0.75G075# '( 92# C8%7#= % )%D F#;$ ;#/=" '# 50/("5?G075# ( '% 50/("5?<$("E ! :9( 7%01(*( #50'# 2#5. #9/%*5'#'( #% (0.50#2(0/% 8(*(05#"5./# C # #15*2#3;% *(5/(*#'# '( .(9. (`8%.5/%*(.= '( :9( ("( 0;% C 50$(03;% .9#= 2#. % 2(*% /*#."#'%= (2 "50?9#?(2 /(6*57# #/9#"= '( *($("#34(. 52(2%*5#5. :9( *(2%0/#2 # 92# b%0/( %*5?50>*5# A057#= # f*#'53;% K*52%*'5#"E -15*2#3;% 5'G0/57#= 0# .98(*1<75(= D '%. 8*67(*(. '# cX%$# \*#d= 2#. #?%*# 190'#2(0/#'# 092# .98(*#@90'U075# '( 8*%$#. '%792(0/#5.= '( #*?92(0/%. *#75%0#5.= '( /%'# 92# 75G075# %*?#05B#'# '% .52@%"5.2% 905$(*.#" ( '% 7%28#*#/5.2%= '# :9#" 0#.7(2 /3;=$ 0% <3=D% 50/("(7/9#"2(0/( '(."92@*#0/(. 7%2% %. AB983#%$ 0% #" AD.%)D% A"D=Q% '% 8*68*5% ](0C g9C0%0N ( C +=%"$;=B 3< +="0./.3)"# @.$039= '( Z+5/#"" XE K(**a=s 92 '%. 2#5. 8*6`52%. 7%"#@%*#'%*(. '( bE M7+9%0 0%. \S-= 2%092(0/#" 7%"(/U0(# '( /(`/%. .#7*%. %*?#05B#'%. '( 2%'% # 5"9./*#*= #752# '( :9#":9(* !
H< I
\
'A$5'# *#B%>$("= # 7%0$(*?G075# (..(075#" '#. '%9/*50#. ( .<2@%"%. '#. ?*#0'(. /*#'534(. *("5?5%.#. ( (.85*5/9#5.= # -).0"0% +=")$D%)0%)/% 0"$ 1%#.2.R%$ 7%2% # '(0%250#$# M7+9%0 0% /9"% '( 92 "5$*% :9( 050?9C2 2(0%. :9( fE ME \"5%/ 7%0.5'(*%9 % 2#5%* 1(5/% '( /%'%. %. /(28%. 0% 7#28% '# *("5?5;% 7%28#*#'#E f%'# .(2("+#03# 7%2 % c905$(*.#"5.2%d '# S], C (0?#0%.#E \2 8*52(5*% "9?#*= /%'%. %. 8(*(05#"5./#.= .(2 (`7(3;%= 50.5./(2 :9( #. '%9/*50#.= .<2@%"%. ( *5/%. '#. $>*5#. /*#'534(. (2 8#*/579"#*= 2#"?*#'% #8%0/(2 .(28*( 8#*# 92# ](#"5'#'( .98*(2# :9( C # 2(.2# (2 /%'%. %. 7#.%.= /G2 92# 50/(?*5'#'( 8*68*5#= 0;% 8%'(2 .(* %@R(/% '( 19.;%= 2(.7"# %9 .507*(/5.2%E !9 .(R#^ 0;% 8%'(2 .%1*(* % /58% '( %8(*#3;% 905157#0/( :9(= 8*(75.#2(0/(= 7#*#7/(*5B# # cX%$# \*#dE \2 .(?90'% "9?#*= 0(2 /9'% % :9( .( #8*(.(0/( 7%2 % 0%2( '( *("5?5;%= (.85*5/9#"5'#'(= (.%/(*5.2% %9 7%5.# 8#*(75'# 8%'( (0/*#* 0(..# .<0/(.(E F(2 #% 7%0/*>*5%= C 7%292 # /%'%. %. 8(*(05#"5./#. # '5./503;% 8*(75.#= *5?%*%.# ( #/C 50/%"(*#0/( (0/*( f*#'53;%= K.(9'%Hf*#'53;% ( -0/5/*#'53;%E F%# 8#*/( '% 2#/(*5#" 7%28#7/#'% 0# cX%$# \*#d (0/*# 0(./#. '9#. A"/52#. 7#/(?%*5#. (= "%0?( '( 50/(?*#* # 905'#'( '# 1%0/( 8*52%*'5#"= *(8*(.(0/# # 8#*6'5# %9 0(?#3;% '( /9'% % :9( $(2 '("#E \2 /(*7(5*% ( 2#5. 528%*/#0/( "9?#*= # 905'#'( /*#0.7(0'(0/( '#. *("5?54(. C 2(.2% /*#0.7(0'(0/(= 0;% 52#0(0/(E -. *("5?54(. #< (./;% 905157#'#. #8(0#. F%#3 /3F3= 8("% 792( ( 0A7"(% $5$% '#. .9#. 7%07(834(. '%9/*50#5.= ( 0;% 8("# $#*5('#'( 5**('9/<$(" '#. .9#. "5/9*?5#.= '%. .(9. 76'5?%. 2%*#5. ( '#. .9#. '51(*(0/(. c$5#.d '( *(#"5B#3;% (.85*5/9#"E \ %0'(= 8*(75.#2(0/(= (./> (..( 0A7"(% ( /%8%t \./> 0#. .9#. *(.8(7/5$#. 7%07(834(. 9%/"H"% #752# '( /%'# 8%..5@5"5'#'( '( 7%0/*%$C*.5#E X(..( .(0/5'%= #. *("5?54(. ( /*#'534(. (.85*5/9#5. 8%'(2 .(* $5./#.= .(2 '5./%*3;%= 7%2% #'#8/#34(. '( 92# 2(.2# I(*'#'( K*52%*'5#" D. 7%0'534(. +5./6*57%H79"/9*#5.= "50?q<./57#. ( 8.57%"6?57#. '%. $>*5%. /(28%.= "9?#*(. ( 75$5"5B#34(.E !. $>*5%. %T3/%=.$93$ *(1"(/5*5#2= 0#. .9#. '51(*(03#.= # 905'#'( '( 92 2(.2% %$3/%=.$93 8*52%*'5#"E !. +%2(0. :9( 7+(?#*#2 # #8*((0'(* 7"#*#2(0/( # 905'#'( '(..( (.%/(*5.2% .98(*#*#2= 50/("(7/5$#2(0/(= # '51(*(03# (0/*( #. *("5?54(.= 2#.= 7%2% 0;% .;% 1(5/%. '( 89*% 50/("(7/% ( /G2 #50'# 92# (`5./G075# +5./6*57%H
B
/(28%*#" '( 8(..%#. '( 7#*0( ( %..%= 7%0/509#2 .9@%*'50#'%. 7#'# 92 D .9# *(.8(7/5$# /*#'53;% *("5?5%.#= .(2 8%'(* 190'5H"# %9 25./9*>H"# 7%2 :9#":9(* %9/*#E ! (`(28"% 7">..57% C % ?*#0'( 2(./*( .915 e%+5(''50 ,@0u -*#@5E -15*2#0'% (`8"575/#2(0/( :9( .(9 7%*#3;% 8%'5# #..925* /%'#. #. 1%*2#. l # '% 8=U,9")" +50'9= # '% *#@50% 7#@#"5./#= # '% 2%0?( 7*5./;% %9 :9#":9(* %9/*# lH= ("( 7%0/509#$#= 0# .9# $5'# '( 50'5$<'9% *(#" ( 7%07*(/%= 50/(5*#2(0/( 15(" D 2#5. (./*5/# %*/%'%`5# 5."U257#E e#. C #< :9( 7%2(3#2 %. 8*%@"(2#.E ,, n(.'( "%?%= (..# 7%07(83;% (`5?(= #% "#'% '# '51(*(075#3;% c+%*5B%0/#"d (0/*( #. $>*5#. /*#'534(. 0% /(28% ( 0% (.8#3%= 92# '5./503;% c$(*/57#"d= %9 +5(*>*:957#= (0/*( #. 8#*/(. c501(*5%*(.d ( c.98(*5%*(.d '( 7#'# 92#E -. c501(*5%*(.d= %9 %T3/Q=.D"$= .;% +5./%*57#2(0/( 7%0'575%0#'#. ( 8%* ("#. #. /*#'534(. '( #1#./#2 92#. '#. %9/*#. #/C % 8%0/% '# +%./5"5'#'( 2A/9# ( '# /%/#" 507%28#/5@5"5'#'(E -. 8#*/(. c.98(*5%*(.d= %$3/Q=.D"$= *(1"(/(2 # (/(*05'#'( 529/>$(" '# I(*'#'(= %0'( /%'#. #. /*#'534(. 7%0$(*?(2 ( .( (07%0/*#2E j>= (2 .92#= 92# *("5?5;% 8%89"#*= 1(5/# '( *5/%. ( 0%*2#. '( 7%0'9/#= 5?9#" 8#*# /%'%. %. 2(2@*%. '# 7%2905'#'(= ( 92# *("5?5;% '( ("5/(= #8(0#. 8#*# #. 8(..%#. c:9#"5157#'#.d= :9( 8%* /*>. '%. .<2@%"%. ( '#. "(5. 8%'(2 #8*((0'(* % c.(0/5'%d A"/52% '# *($("#3;%E K("# 8*>/57# '%. =./3$ 0% "2=%2"VW3 :9( %. 50/(?*#2 0# /*#'53;% *("5?5%.# ( 8("# %@('5G075# #. 0%*2#.= %. +%2(0. '% 8%$% %@/G2 # c.#"$#3;%d F3$/ 93=/%9 '#. .9#. #"2#.E K%* 2(5% '( =./3$ 0% .).D."VW3= %. 2(2@*%. '# ("5/( %@/G2 XY %9 5.0"= ( 295/% #752# '# 2(*# c.#"$#3;%d= # =%"#.Z"VW3 %$F.=./;"# :9( %. #**(@#/# '% .528"(. c(./#'% 50'5$5'9#"d '( (`5./G075# 8#*# /*#0.15?9*>H"%. 0# 8*68*5# ](#"5'#'( v"/52#= %9 n(9.E p @%2 0;% 1#"#* 295/% '(..#. 7%5.#. 8(*#0/( % 8A@"57% (2 ?(*#"= :9( 8%'( (.7#0'#"5B#*H.( #0/( # '(751*#3;% '( 92 25./C*5% :9( '($( 8(*2#0(7(* %8#7% 8#*# # .9# 8*68*5# 8*%/(3;% (.85*5/9#"E p @(2 7%0+(75'# # +5./6*5# '% .915 e#0.9* -"Hj#""#R LoPoHYNNQ= :9( #86. /(* 7+(?#'% D A"/52# c*(#"5B#3;% (.85*5/9#"d= .#59 ?*5/#0'% c C)" "#?O"LL[d Lc\9 .%9 # I(*'#'(dQ ( 1%5 '(7#85/#'% 8("#. #9/%*5'#'(. (`%/C*57#.E C#?O"LL 0;% :9(* '5B(* .%2(0/( c# $(*'#'(d 0% .(0/5'% ?(0C*57% ( #@./*#/%E p 92 '%. 0%$(0/# ( 0%$( cX%2(. '( n(9.d 528*(..%. 0% )%*;%= '( 2%'%
!R
:9( # '(7"#*#3;% '( -"Hj#""#R (:95$#"5# "5/(*#"2(0/( # c\9 .%9 n(9.dE n% 8%0/% '( $5./# '# %*/%'%`5# (.%/C*57#= 5..% *(.9"/#$# (2 0(?#* % 8*507<85% 7%*U057% '# 90575'#'( '( n(9.= 7%0./5/950'% 92 7*52( :9( '($5# .(* 7#./5?#'% 7%2 # 2%*/(E e#5. /#*'( %. R9*5./#. 5."U257%. #'25/5*#2 :9( #15*2#34(. 8*%1(*5'#. 8%* .915. (2 (./#'% '( c#**(@#/#2(0/% 2<./57%d (.7#8#$#2 D #"3#'# '# R9./53# 7%292 ( '($5#2 .(* #7(5/#. 7%2% 25./C*5%. 50'(751*>$(5.E X% .(0/5'% (`8"<75/%= "(?#" ( %1575#"= # '5./503;% (0/*( (`%/(*5.2% ( (.%/(*5.2% .6 (`5./( 092# A057# /*#'53;%^ % ,."#2E )%**(.8%0'( D '5./53;% (0/*( $,"=.M", ( /"=.L"/ E n( 92 "#'%= # "(5 *("5?5%.# %@*5?#/6*5# 8#*# /%'%.w '( %9/*%= # c$5#d (.85*5/9#"= '( "5$*( (.7%"+#= .6 8#*# #. 8(..%#. 50/(*(..#'#. ( '%/#'#.E #8"57#3;% '(..# '5./503;% # /%'#. #. %9/*#. /*#'534(. C 2(*#2(0/( .9?(./5$# %9 #0#"6?57# l 92# 15?9*# '( "50?9#?(2 ( 0;% 92 7%07(5/% '(.7*5/5$% #8*%8*5#'%E )%2 5..% % ('51<75% 50/(5*% '% c8(*(05#"5.2%d 7%2(3# # @#"#03#* 92 8%97%E \`5./(2= 8%* (`(28"%= (`%/(*5.2% ( (.%/(*5.2% 0# /*#'53;% +50'9= R9./#2(0/( #:9("# '( 79R% $%7#@9">*5% ](0C g9C0%0 .( .(*$( 2#5. 1*(:q(0/(2(0/(= 8%* R9"?#* :9( % +50'95.2% #"7#03%9 7"#*(B# 2>`52# 0# (`8%.53;% '# '%9/*50# 2(/#1<.57#t \$5'(0/(2(0/( 0;%E - '5./503;% '( 7#./#. C #"?% '( 7%28"(/#2(0/( '5$(*.%E K*52(5*%= 8%*:9( % 50?*(..% 0# 7#./# .98(*5%* 0;% C '( "5$*( (.7%"+#^ % .9R(5/% 0#.7( $,;0="= 5".$,."= K$,"/B." %9 8=U,9")" ( #..52 8(*2#0(7( 8#*# .(28*(E M(?90'%= 8%*:9( #75'(0/#"2(0/( 2(2@*%. '#. 7#./#. 501(*5%*(. 8%'(2 #"7#03#* %. 2#5. #"/%. 0<$(5. '( *(#"5B#3;% (.85*5/9#" .(2 29'#* '( 7#./#E f(*7(5*%= 8%*:9( %. *5/%. '# 7#./# .98(*5%*= %9 8=U,9")"= 0#'# /G2 '( .(7*(/% %9 '5.7*(/%^ :9#":9(* BCH2#0C 8%'( 7%0+(7GH"%.= .6 0;% /(2 # #9/%*5B#3;% '( 8*#/57>H"%.E \`5./( 92 c(.%/(*5.2% 7*5./;%dt - 7%5.#= #<= 7%28"57#H.( 1%*25'#$("2(0/(E \`5./5*#2= #:95 ( #"5= %*?#05B#34(. (.%/C*57#. :9( .( 8*%1(..#$#2 7*5./;. ( :9(= 8%* 2(5% '( *5/%. (.8(75#5.= '51(*(0/(. '%. .#7*#2(0/%. '# ,?*(R#= /*#0.25/(2 50575#34(.E )%28#0+(5*#?(2= %. !%0%#. 0MC93=%= # e#3%0#*5# ( # !*'(2 f(28">*5# .;% (`(28"%.E e#5. 2%'(*0#2(0/(= 50A2(*%. %79"/5./#.= 7%2% e#'#2( F"#$#/.k5= ]9'%"1 M/(50(* ( g(%*?(. ,$#0%$57+ g9*'R5(11 #8*(.(0/#*#2 .(9. (0.50#2(0/%. 7%2% 2%'#"5'#'(. '( (.%/(*5.2% 7*5./;%E e#. *(./#2 #"?90. 1#/%. :9( @#./#2 8#*# '#* 8%* /(**# 7%2 (..#. 8*(/(0.4(.E
!!
n(.'( "%?%= 0;% +> /*#3%. '( 0(0+92# %*?#05B#3;% (.%/C*57# 7*5./; 0%. 8*52(5*%. '(B .C79"%. '# ,?*(R#E \2 .(?90'% "9?#*= % 8*68*5% X%..% M(0+%* m(.9. )*5./% #15*2%9 /#`#/5$#2(0/(^ cX#'# (0.50(5 (2 .(?*('%Ed e(.2% M9#. 8#*>@%"#.= 79R% .(0/5'% 0;% (*# 52('5#/#2(0/( ($5'(0/( # /%'%.= (*#2 '5/#. (2 8A@"57%= 0;% # 92 7<*79"% *(.(*$#'%E )%2% C 8%..<$(" (0/;% :9( % 0A7"(% '% (0.50#2(0/% '% M#"$#'%* 1%..( 7%0.(*$#'% (2 .(?*('% '9*#0/( '(B l %9 $50/( l .C79"%.t \2 7%0/*#./(= 0% ,."#2 # '51(*(03# '( (`%/(*5.2% ( (.%/(*5.2% #8#*(7( 05/5'#2(0/( '(.'( % 8*52(5*% 2%2(0/%E -% $(* 92 ?*98% '( 7%28#0+(5*%. '% K*%1(/# 8*#/57#0'% 7(*/%. *5/%. (./*#0+%.= '51(*(0/(. '#. 7507% 8*(7(. '5>*5#.= %. 15C5. 1%*#2 8(*?90/#* # ("( '( :9( .( /*#/#$#E \"( (`8"57%9 :9( (*#2 '($%34(. $%"90/>*5#.= 2(*5/6*5#. 2#. 0;% %@*5?#/6*5#.E \..( 1%5 % 8*52(5*% .50#" '# (`5./G075# '% /"$"((;< %9 c.915.2%d= % (.%/(*5.2% 5."U257%Er \2 /(*7(5*% "9?#*= ( 2#5. '(75.5$%^ %. .#7*#2(0/%. '# ,?*(R# 0;% .;% 2(*%. c*5/%. '( #?*(?#3;%dE M;% 50575>/57%. '( 8"(0% '5*(5/%E X;% ';% #7(..% .%2(0/( D 7%2905'#'( '( 15C5. l %9 D .9# c(?*C?%*#d %9 7%0.75G075# 7%"(/5$# l= 2#.= '%3 X;5")/%= #% 7%0+(752(0/% 2#5. <0/52% '# ](#"5'#'( M98*(2# # :9( 92 .(* +92#0% 8%'( #.85*#*E cX;% .%9 2#5. (9 :9( (`5./%d= '5B % -86./%"%= cC )*5./% :9( (`5./( (2 252dE m%;% K#9"% ,,= 0% .(9 \"/%D.$93= '(7"#*# (`8"575/#2(0/( :9( %. .#7*#2(0/%. .;% %. 8#..%. c'# 50575#3;% 7*5./;d= ( 0;% C 7%07(@<$(" :9(= 092 /(`/% /;% 1%*2#"2(0/( '%9/*50>*5%= 9.#..( % /(*2% 7%2% 2(*# 15?9*# '( "50?9#?(2E ! K(E m9#0 g%0B>"(B -*50/(*%= (2 '%5. "5$*%. 2(2%*>$(5. :9( 8*%$#$("2(0/( 7%0./5/9(2 % 792( '# "5/(*#/9*# 2<./57# 0% .C79"% hh= '(2%0./*# 7%2 #@90'U075# '( #*?92(0/%. ( (`(28"%. :9( # $5# '%. .#7*#2(0/%. 1%5 #@(*/# R9./#2(0/( 8#*# '#* # /%'%.= .(2 (`7(3;%= % #7(..% #%. 2#5. #"/%. 8#/#2#*(. '# *(#"5B#3;% (.85*5/9#"EP - '5./503;% '( (`%/C*57%. ( (.%/C*57%. .6 .(*$( #< 7%2% 92# 0%2(07"#/9*# 7%0$(075%0#" 8#*# '(.5?0#* % '51(*(0/( #8*%$(5/#2(0/% (.85*5/9#" %@/5'% 8%* (./( %9 #:9("( E
91;' 52(&43(&(,# (, ,#2;,'3#52 3#4U53:2 (,#,+O24O,'&5P#, 5&3# ;&'(,J ,#Q,:3&45,+;, +& _/'#3&J 5 +82 O@5 &2 :< ^< Y,+'` I2'W3+J )+ >#4&5 >'&+3,+< F /* 01,.#2+3- 45&"+2* %- %. 6%&%-1,.1+7+%-", 8 9+"*.+$*$ $% .* :;.%&+*J a&4&5&+:&J ]3(,#J !BERJ Ob'3 ',,(37c,# Q,4& d<"%*= /*& ?."#)*& $% .* <,-"%7@.*2+3 ?22%&+A.%& * (,$,&J e&('3(J d<"
!A
50'5$<'9% 7%01%*2( .9#. #8/5'4(.= .(9 (28(0+% ( %. 2%$52(0/%. '# g*#3# '5$50#E f%'%. %. 7*5./;%. :9( *(7(@(*#2 %. .#7*#2(0/%. .;%= 8%*/#0/%= 50575#'%.= 0% .(0/5'% (./*5/% :9( % 8(*(05#"5.2% '> # (..# 8#"#$*#E - '51(*(03# (0/*( %. $>*5%. *(.9"/#'%. (.85*5/9#5. %@/5'%. 8%'( .(* (`8"57#'# 8%* 92 7%07(5/% '(.(0$%"$5'% 8("% 8*68*5% ](0C g9C0%0= % '( .).D."VW3 5.=/;"# E X(2 /%'%. %. *5/%. '( 50575#3;% 8*%'9B(2 52('5#/#2(0/( %. *(.9"/#'%. (.85*5/9#5. :9( "+(. 7%**(.8%0'(2E \..(. (1(5/%. 8%'(2 8(*2#0(7(* *(/5'%. 8%* 295/% /(28% #/C :9( #"?92 1#/%* (`/(*0% l %9 # ($%"93;% '% 8*68*5% *(7585(0/( l %. 7%0$%:9( D 8"(0# 2#051(./#3;%E K#*# 7%28"57#* 92 8%97% 2#5. #. 7%5.#.= % 8*68*5% bE M7+9%0 *(7%0+(7(9 :9( %. .#7*#2(0/%. 7*5./;%. /50+#2 #"7#07( 50575>/57%E K#*# $%7G. #$#"5#*(2 % :9#0/% (..# :9(./;% C (.850+%.# 8#*# # (.7%"# 8(*(05#"5./#= @#./# "(2@*#* :9(= 89@"57#'# # %8505;% '( M7+9%0 # *(.8(5/%= g9C0%0 *(#?59 7%2 50'5?0#3;% ( 1A*5#= 7+(?#0'% # *%28(* *("#34(. 7%2 % .(9 '5.7<89"% ( 7%0/509#'%*Ex g9C0%0 7%0/509%9 /(52#0'% :9( %. .#7*#2(0/%. 7*5./;%. (*#2 #8(0#. *5/%. '( #?*(?#3;% ( :9( #9/G0/57#. 50575#34(. .6 (`5./5*#2 (2 '(/(*250#'#. %*?#05B#34(. .(7*(/#. %9 '5.7*(/#.= 7%2% # )%28#0+(5*#?(2 %9 # e#3%0#*5#E K#*# .9./(0/#* (..# /(.(= 50$(0/%9 92# '#. +586/(.(. +5./6*57#. 2#5. #*/51575%.#. :9( #"?9C2 R> $59^ % 7*5./5#05.2% /(*5# .9*?5'% 50575#"2(0/( 7%2% 92 (.%/(*5.2%= 2#.= (2 $5./# '# '(7#'G075# ?(*#" '# *("5?5;% ?*(7%H *%2#0#= /(*5# .5'% 1%*3#'% %T F3$/ <"D/3 # 8%89"#*5B#*H.(= #7#@#0'% 8%* *('9B5*H.( # 92 (`%/(*5.2%E X;% +> #@.%"9/#2(0/( 0(0+92 .50#" '( :9( 5..% R#2#5. /(0+# #7%0/(75'%E F(2 #% 7%0/*>*5%= m(.9. 1#"%9 #@(*/#2(0/( D. 29"/5'4(. '(.'( % 50<75% '# .9# 8*(?#3;%= ( %. .#7*#2(0/%. 0;% .%1*(*#2 0(0+92# 29'#03# .9@./#075#" '( 1%*2# %9 7%0/(A'% #% "%0?% '%. /(28%.E W9#5.:9(* :9( 8%..#2 /(* .5'% %. .(9. (**%. (2 %9/*%. '%2<05%.= 0(..( 8%0/% M7+9%0 (./#$# 7%2 # *#B;%E p /#2@C2 .6 7%2% 15?9*# '( "50?9#?(2 :9( # '5./503;% '( (`%/(*5.2% ( (.%/(*5.2% l %9 '( *5/%. '( #?*(?#3;% ( '( 50575#3;% l 8%'( .( #8"57#* #% R9'#<.2%= R> :9( %. 79"/%*(. '( 25./C*5%. 7#@#"<./57%. #"5 0;% .;% %9/*%. .(0;% %. 8*68*5%. .#7(*'%/(. '% 79"/% %1575#"E G
^+3;3&;32+iJ >,@B+*C (B% D,#)-*. ,E ()*$+"+,-*. >"#$+%& J ARR\J ',Q'2(163(2 ,5 D;;Q-jj;352;D`#:2;;<:25<&1j"##,;#jQ(h#j01,+2+k3+3;3&;32+
!=
f;% 50#8*%8*5#'# C # #8"57#3;% '(..# '98"# '( 7%07(5/%. #% /(**5/6*5% (`/*#H5."U257%= :9( 2(2@*%. '# 8*68*5# (.7%"# 8(*(05#05./# #7#@#*#2 /(0'% '( *(7%0+(7(* # (`5./G075# '( 50575#34(. c(`%H(.%/C*57#.d ( #/C c(`%/C*57#.d #% "#'% '#. 8*%8*5#2(0/( c(.%/C*57#.d=y % :9( R> @#./# 8#*# 2%./*#* :9( (..(. 7%07(5/%. .(*$(2 8#*# 8%97# 7%5.#E - 1#"/# '( #*?92(0/%. *#B%>$(5. ( # *(#3;% '(.8*%8%*75%0#" '( g9C0%0 #0/( % :9( 8%'(*5# /(* .( "525/#'% # 92# '5.79..;% (0/*( #25?%. .9?(*(2 :9( 0(..( (85.6'5% ("( 8%'5# (./#* (.7%0'(0'% #"?92# 7%5.#E X;% 8%'(0'% 1#"#* 7"#*%= #8("%9 # 92# +586/(.( #@.9*'# ( /(0/%9 *('9B5* % 50/(*"%79/%* #% .5"G075% 2('5#0/( 92# (`5@53;% '( #9/%*5'#'(= :9( M7+9%0 ('97#'#2(0/( *(R(5/%9E W9#" # *#B;% 8("# :9#" g9C0%0 /(*5# (.7%"+5'% (0:9#'*#* D 1%*3# /%'#. #. /*#'534(. 092# '98"# '( 7%07(5/%. :9( 0;% .( #8"57#$# #8*%8*5#'#2(0/( # 0(0+92# '("#. (`7(/% % 5."#25.2% (2 8#*/579"#*t K%* :9( (..( +%2(2= /;% 7*5/(*5%.% (2 /9'% % 2#5.= .( 8(*25/59 /#2#0+# #*@5/*#*5('#'(= 7%"%7#0'%H.( #..52 092# 8%.53;% $9"0(*>$(" :9( .( $59 8%./# (2 *5.7% /;% "%?% M7+9%0 "($#0/%9 # :9(./;% '#. 50575#34(. .#7*#2(0/#5.t W9#.( 7%2 7(*/(B# /($(= 8#*# 1#BGH"%= 2%/5$%. :9(= #% 2(0%. 0#:9("( 2%2(0/%= 0;% 8%'5#2 .(* '5.79/5'%. #@(*/#2(0/(E e#. #0/(. 2(.2% '( (.7"#*(7(* (..( 8%0/% C 8*(75.% "($#0/#* 92# %9/*# :9(./;%E ,,, W9( #. /*#'534(. 2#/(*5#"2(0/( '51(*(0/(. 7%0$(*?(2 0# '5*(3;% '( 92 2(.2% 7%0R90/% '( 8*507<85%. 2(/#1<.57%. C #"?% :9( 0;% .( 8%'( 2#5. 7%"%7#* .(*5#2(0/( (2 'A$5'#E - /(.( '# -).0"0% +=")$D%)0%)/% 0"$ 1%#.2.R%$ C $5/%*5%.# .%@ /%'%. %. #.8(7/%.E M6 +> 92 '(/#"+(^ W9( C 8*%8*5#2(0/( 92# 2(/#1<.57#t X;% 9.% % /(*2% 7%2% '(0%250#3;% '( 92# '5.758"50# #7#'G257# 2#. 0% .(0/5'% 295/% (.8(75#" ( 8*(75.% :9( /(2 0#. %@*#. '( g9C0%0 ( M7+9%0E W9( C 92# 2(/#1<.57#t p # (./*9/9*# '# *(#"5'#'( 905$(*.#"= :9( '(.7( '(.'( % K*52(5*% K*507<85% 501505/% ( (/(*0% #/C %. .(9. 5092(*>$(5. *(1"(`%. 0% 290'% S
F+-$+-;& J Q< A\F<
!E
2#051(./#'%= #/*#$C. '( 92# .C*5( '( 0<$(5. %9 8"#0%. '( (`5./G075#E ! 1#/% '( :9( ("# .(R# (..(075#"2(0/( # 2(.2# (2 /%'#. #. /*#'534(. 50'57# :9( (`5./( 92# F%=D%FVW3 )3=9"# 0" %$/=;/;=" 8Y$.D" 0" =%"#.0"0%= 7%292 # /%'%. %. +%2(0. '( :9#":9(* C8%7# %9 79"/9*#E \..# 8(*7(83;% (`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p 8%* 5..% :9( bE M7+9%0 8*%84( 92# '5./503;% (0/*( ,%=%$." %$$%)D."# ( ,%=%$." "D.0%)/"# E - 8#"#$*# c+(*(.5#d $(2 '( 92# *#5B ?*(?# :9( /(2 #. #7(834(. '( c(.7%"+(*d ( c'(75'5*dE S2 +(*(.5#*7# C #"?9C2 :9(= 8%* $%0/#'( 8*68*5#= (.7%"+( '# $(*'#'( /%/#" #. 8#*/(. :9( "+( 50/(*(..#2 ( 5?0%*# #. '(2#5.E O%=%$." "D.0%)/"# = .(?90'% M7+9%0= C # 0(?#3;%= 29/5"#3;% %9 #"/(*#3;% '%. 7U0%0(. '( 92# /*#'53;% (2 8#*/579"#*= 7%2% 8%* (`(28"% % 93)3<.$.$93 0# )*5./#0'#'( L# /(%*5# '( :9( m(.9. /50+# .6 # 0#/9*(B# '5$50#= 0;% # +92#0#Q %9 % "$$3D."D.3).$93 0% ,."#2 L#..%75#* n(9. # %9/*%. .(*(.QE O%=%$." %$$%)D."# C # 0(?#3;%= 29/5"#3;% %9 #"/(*#3;% '# 8*68*5# (./*9/9*# '# *(#"5'#'( l 92 (**%= 8%*/#0/%= :9( .(*5# 7%0'(0#'% 0;% #8(0#. 8%* (./# %9 #:9("# /*#'53;% (2 8#*/579"#*= 2#. 8%* /%'#. ("#.E ! 9"/%=."#.$93 %9 % =%#"/.5.$93= 8%* (`(28"%E f9'% 5..% (./> 295/% @(2= 2#. +> 92 8*%@"(2# "6?57%E M( # 2(/#1<.57# C 7%292 # /%'#. #. /*#'534(.= 7%2% 8%'( .(* % /%8% ( # .98*(2# 8(*1(53;% '( 7#'# 92# '("#.t K%* '(15053;%= # 8(*1(53;% '( 92# (.8C75( 0;% 8%'( (./#* 0% .(9 ?G0(*%^ /(2 '( (./#* 0# .9# '51(*(03# (.8(7<157#E - 8(*1(53;% '% "(;% ( '# 89"?# 0;% 8%'( *(.5'5* 0% .528"(. 1#/% '( :9( #2@%. .;% #052#5.E
!F
p #'25..<$(" :9(= 0# (.7#"#'# 50575>/57# '% 50'5$<'9%= # 7+(?#'# D ](#"5'#'( M98*(2#= :9( % ("($# #752# '% .(9 (./#'% 50'5$5'9#" ( % #@.%*$( 0% 8*68*5% M(* '# '5$50'#'(= C # 79"250#3;% '%. .(9. (.1%*3%.E \"# 7%**(.8%0'(*5# /#2@C2= .(?90'% % 8(*(05#"5.2%= #% 2%2(0/% (2 :9( #. '51(*(03#. (0/*( #. /*#'534(. (.85*5/9#5. .;% '(1505/5$#2(0/( /*#0.7(0'5'#.= .(2 '(5`#* '( 7%0/509#* $#"(0'% 8#*# # (`5./G075# (28<*57# '% 50575#'% 0% 8"#0% /(**(./*(E p e%+5(''50 ,@0 z-*#@5 .(0'% 7*5./;%= B%*%#./*5#0% %9 R9'(9 c8%* '(0/*%d .(2 '(5`#* '( .(* %*/%'%`#2(0/( 2939"2#0% c8%* 1%*#dE e#.= 8%* 5..% 2(.2%= # 2(/#1<.57# .6 8%'( .(* # 79"250#3;% '#. /*#'534(. (0:9#0/% /#5. .( #7(5/#*2%. 92# 50'5./503;% (0/*( # 3=0%9 03 A%= ( # 3=0%9 03 D3),%D%= = :9(= .(?90'% (0.50#$# -*5./6/("(.= .;% 50$(*.#.E ! /%8% '# (.7#"#'# 50575>/57# 0;% 8%'( .(*= #% 2(.2% /(28%= # 79"250#3;% 0"$ *("5?54(. 8%*:9(= .(0'% 7%292 # /%'#. ("#.= C #8(0#. % ?G0(*% # :9( 8(*/(07(2 ( 0;% # .98*(2# 8(*1(53;% (.8(7<157# '( 7#'# 92#E e#5. *#B%>$(" .(*5# .98%* :9( # f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`8*(..(2 5?9#"2(0/( @(2 # 8(*1(53;% '% ?G0(*%^ #. 89"?#. ( %. "(4(. .;% 5?9#"2(0/( #052#5.= 2#. 0(2 8%* 5..% # 89"?# (`8*(..# # 8(*1(53;% '# #052#"5'#'( /;% @(2 :9#0/% % "(;%= 8#*# 0#'# '5B(* '% .(* +92#0%E M7+9%0 #15*2# :9( # 8*(/(0.;% '( 7#'# *("5?5;% '( .(* c2("+%*d :9( #. %9/*#. .6 .( R9./5157# 8("% 1#/% '( :9( /%'#. ("#. .;% c"(?52#.d= 5./% C= *(1"(/(2 # .(9 2%'% # f*#'53;% K*52%*'5#"= 2#. :9( $5./#. 0# (.7#"# '# (/(*05'#'( ( '% #@.%"9/%= (..# 8*(/(0.;% .( *($("# 5"9.6*5#E o X% (0/#0/%= .( # 8(*1(53;% '( 92# (.8C75( 0;% 8%'( *(.5'5* #8(0#. 0% .(9 ?G0(*%= ( .52 0# .9# '51(*(03# (.8(7<157#= 0;% +> 0(0+92 2%/5$% 8#*# '#* 8%* 8*%$#'% :9( /%'#. #. (.8C75(. *(8*(.(0/(2 8%* 5?9#" # 8(*1(53;% '% ?G0(*%E f%'#. #. *("5?54(. *(2(/(2 # 92# f*#'53;% K*52%*'5#"= \
glN3(/, (1 m5,344,1'n (&+# 4N2'(', :2+h,##32++,4iJ 0"#$%& ()*$+"+,--%..%&J !B\!J O24< \AJ + 2 ES!J QQ< =P!A<
!G
!i= 2#. /%'#. # *(8*(.(0/#2 5?9#"2(0/( @(2t - 8(*?90/# C 50/(5*#2(0/( "(?52#= ( (2 8#*/( #"?92# # (.7%"# 8(*(05#"5./# "+( %1(*(7(9 l %9 /(0/%9 %1(*(7(* l 92# *(.8%./# #7(5/>$("E X# $(*'#'(= 0(2 7%"%7%9 # 8(*?90/#E M(*> :9( #/C 0(..#. #"/#. (.1(*#. (07%0/*#*(2%. % 1(0V2(0% '# F=3.8.VW3 0% F%=2;)/"= = :9( \*57 I%(?("50 '5.7(*059 0#. 5'(%"%?5#. '( 2#..#t
!S
,I c- ?(*#3;% '# \.7%"# f*#'575%0#"5./# *(905'# (2 /%*0% '( b*5/+R%1 M7+9%0 l (.7*($( )+#*"(. S8/%0 l #8*(.(0/%9 ( *($("%9 #. *("5?54(. (2 .9#. (..G075#. 7("(./5#5.= $;8 $F%D.% ]/%=)./"/.$EdY M( #. (..G075#. 7("(./5#5. '#. *("5?54(. .;% .9@./#075#"2(0/( # 2(.2#= # '51(*(03# (0/*( ("#. C 89*#2(0/( /(**(./*( ( 7%0/50?(0/(= #. 1%*2#. 8#*/579"#*(. '( 7#'# 92# 0#'# /(0'% '( .#?*#'% (2 .5 2(.2#. .(2 # .(5$# :9( *(7(@(2 '# f*#'53;% K*52%*'5#"^ .6 (./#= # ]("5?5% K(*(005.=TO C $(*'#'(5*# (2 .(0/5'% (./*5/%E -. '(2#5. .;% .<2@%"%. %9 #8#*G075#. 528(*1(5/#. '( :9( ("# .( *($(./( 0#. .9#. $>*5#. (07#*0#34(. /(**(./*(.E e#. l 8*%..(?9( % 2(.2% S8/%0 l c(..#. *($("#34(. .;% 7%0.5'(*#'#. *#2%. '# f*#'53;% K*52%*'5#"= 2#. (./# f*#'53;% 0;% C 8*(.(0/(2(0/( $5?(0/( (0:9#0/% .5./(2# *("5?5%.%w 0;% C 92# *("5?5;% :9( 8%..# .(* 8*#/57#'#E !. A057%. 7#250+%. (.85*5/9#5. $5>$(5. (`5./(2 .%@ # 1%*2# l %9 '(0/*% l '#. 8*(.(0/(. *($("#34(. $5$(0/(.^ j50'9<.2%= {%*%#./*5.2%= F9'5.2%= m9'#<.2%= )*5./5#05.2% ( ,."#2Ed TT e#. (..(. 7#250+%. "($#2 .%2(0/( D c.#"$#3;%d 092# $5'# F3$/ 93=/%9E K#*# .9@5* 92 8%97% 2#5. #"/% R> 0# $5'# 8*(.(0/( C 8*(75.%= .(2 #@#0'%0>H"%.= 15"5#*H.( # 92# %*?#05B#3;% (.%/C*57# ( 8*#/57#*= #"C2 '%. *5/%. ( 2#0'#2(0/%. '# *("5?5;% 8%89"#*= #"?90. *5/%. ( 2#0'#2(0/%. (.8(75#5.= '( 7#*>/(* 50575>/57%E n5/% '( %9/*% 2%'%= # *("5?5;% 8%89"#* C 92 #/(./#'% '( :9#"5157#3;% (`5?5'% '% 8%./9"#0/( 0# (0/*#'# '% 7#250+% 50575>/57%E K#*# % 2939"2#0%= 5..% 0;% C 92 ?*#0'( 8*%@"(2#E \2@%*# /(0+#2 92# (`5./G075# D 8#*/(= #. /#*5:#. L/;=;L= (2 >*#@(Q .;% (2 ?(*#" *(7%0+(75'#. 7%2% "(?52#. 8("# *("5?5;% %1575#"= '( 2%'% :9( % 15(" 50/(*(..#'% 8%'( /*#0.5/#* "5$*(2(0/( (0/*( %. '%5. /58%. '( 8*>/57#.E K#*# % +50'9= /#2@C2 0;% C 8*%@"(2#^ #50'# :9( 50(`5./50'% 8*%8*5#2(0/( 92 (.%/(*5.2% +50'9= % +50'9<.2% #7(5/# ( #@.%*$( /%'#. #. 8*>/57#. '( %9/*#. *("5?54(.= '( 2%'% :9( l '(.7%0/#'%. %. 7%01"5/%. 8%"57%. (0/*( +50'9<./#. ( B
!.)0.)2$= 8E NorE \"(. 9.#2 % /(*2% 092# #7(83;% '51(*(0/( '# :9( /(2 8#*# %. 7#/6"57%.E
!R
40 E= 8E NYrE
!!
!\
2939"2#0%. l 0#'# 528('( :9( 92 +50'9 .( 15"5( # 92# /#*5:#= D e#3%0#*5#= # 92# f*<#'( 7+50(.# %9 # :9#":9(* %9/*# %*?#05B#3;% (.%/C*57# .(2 29'#* '( (./#/9/% 0# .9# .%75('#'( '( %*5?(2E X% 7#.% '( 92 7#/6"57%= 8%*C2= # 7%5.# .( 7%28"57#E M(?90'% g9C0%0= /%'#. #. %*?#05B#34(. 50575>/57#. 7*5./;. 1%*#2 '(.#8#*(7(0'% '(8%5. '# ,'#'( eC'5#= '(5`#0'% %. 8%@*(. 15C5. "525/#'%. # 92 (`%/(*5.2% (.85*5/9#"2(0/( 7#8(0?#E M%@*#*#2 .6 90. *(.<'9%. '( %*?#05B#34(. (`/50/#. (EEE # e#3%0#*5#E -7%0/(7( :9( 92# .(0/(03# '% K#8# )"(2(0/( h,,= (2 Tyso= 7%0'(0%9 D (`7%290+;% #9/%2>/57# /%'% 15(" 7#/6"57% :9( .( 15"5#..( D e#3%0#*5# L%9 # :9#":9(* %9/*# .%75('#'( .(7*(/#QE '(75.;% 1%5 *(1%*3#'# 8("% K#8# J(;% h,,, (2 ToYO ( 1%*2#"5B#'# 8("% \^0.23 0% '.=%./3 \")_).D3 '( TYTyE ! 0%$% )6'5?% '% K#8# m%;% K#9"% ,,= (2 TYos= 1#"#$# .%2(0/( (2 c.%75('#'(. .(7*(/#.d= .(2 2(075%0#* 0%250#"2(0/( # e#3%0#*5#= % :9( 8%* @*($(. 50./#0/(. '(9 # 528*(..;% '( :9( # (`7%290+;% 1%*# .9.8(0.#= #/C :9( # )%0?*(?#3;% 8#*# # n%9/*50# '# bC= (2 0%$(2@*% '#:9("( 2(.2% #0%= (.7"#*(7(9 :9( 0;% (*# 0#'# '5..%= :9( # 8*%5@53;% '( 50?*(..#* 0# e#3%0#*5# 7%0/509#$# (2 $5?%*E ,./% C= % 15(" 7#/6"57% :9( "(..( ](0C g9C0%0 ( #7*('5/#..( 0("(= $(0'% 0# 8(*'# '# '52(0.;% 50575>/57# # *#5B '( /%'%. %. 2#"(. '% 290'% 2%'(*0%= (*# (.8*(25'% 7%0/*# # 8#*('( 8("# %83;% (0/*( '(.5./5* '( $(B '% (.%/(*5.2%= 7%0/(0/#0'%H.( 7%2 92 (`%/(*5.2% 7#'# $(B 2#5. *('9B5'% # 92 2%*#"5.2% (`/(*5%*= ( #7(5/#0'% 8%*/#0/% .(* 7A28"57( '# '(?*#'#3;% (.85*5/9#" 2%'(*0#= %9 (0/;% @9.7#* 92# 50575#3;% 2#3V057# ( .(* (`7%290?#'%= 5./% C= 8(*'(* # 15"5#3;% (`%/C*57# :9(= .(?90'% % 2(.2% g9C0%0= (*# # D3)0./.3 $.)% L;" )3) '% 50?*(..% 0% (.%/(*5.2%E ! 7%01"5/% 0;% (*# .%2(0/( '( %*'(2 "(?#"E \2@%*# /5$(..( %*5?(2 *(2%/# (2 %*?#05B#34(. (.%/C*57#. 8*%1(..#'#2(0/( 7*5./;.= # e#3%0#*5# /50+# .( /%*0#'%= (2 $>*5#. 8#*/(. '% 290'%= 92# 1%*3# %./(0.5$#2(0/( ( $5%"(0/#2(0/( #0/57#/6"57#= 507(0/5$#0'% 8(*.(?9534(. ( 2#/#03#. '( 7#/6"57%.= 8*50758#"2(0/( 0# b*#03# L'9*#0/( # ]($%"93;% ( '(8%5. '( 0%$% 0% 8*507<85% '% .C79"% hhQ=TN 0% eC`57% L%0'( 5..% 8*%$%7%9 # IE m(#0 n92%0/= H" 1Q53#;/.3) !=")V".$% 3; H%$ G=30.2%$ 0; A"D=.#`2%= K#*5.= )*5/C*5%0= TYYsw m(#0 MC$5""5#= :;")0 #%$ \"/,3#.L;%$ a/".%)/ O3=$ #" H3.5 K#*5.= K(**50= NOOxw b*#075. )"(2(0/ i(""(a= b#330?'=%)D,%0 C#/"=$* C \"/,3#.D \399%)/"=B 3) /,% O.$/3=B 3< E%T.D3= f#0 F%%k.= TYoYw ]%@(*/ ]%a#"= \"/,3#.D E"=/B=$ 3< /,% +(%)/.%/, \%)/;=B= f+( )*%..*%#' !A
!B
?9(**# '%. \=.$/%=3$Q ( 0# \.8#0+#= %0'(= 7%2 # 2#" '5.1#*3#'# 7%05$G075# '% ?%$(*0% *(89@"57#0% 2#3V057%= 8#'*(. ( 15C5. 1%*#2 2%*/%. # ?*#0(" ( 295/#. 5?*(R#. '(./*9<'#. #0/(. 2(.2% '# (7"%.;% '# g9(**# )5$5"E W9(* '5B(*^ % 7#/6"57% :9( .( 15"5#..( D e#3%0#*5# 0;% #8(0#. 507%**5# (2 (`7%290+;% #9/%2>/57#= 2#. .( /%*0#$# 92 /*#5'%* '( .(9. 7%**("5?5%0>*5%. #..#..50#'%.E g9C0%05#0%. 7#/6"57%. 7%2% m(#0 f%9*05#7 15B(*#2 % '5#@% 8#*# 8*%$#* :9( #. '%9/*50#. 2#3V057#. (*#2 7%28#/<$(5. 7%2 % 7#/%"575.2%= 2#.= C 7"#*%= 5..% 157%9 0# /(%*5#E Ts )%0$(*.#34(. (0/*( "<'(*(. 7#/6"57%. ( 2#3%0. (2 @9.7# '( 92 #7%*'% 0;% '(*#2 (2 0#'#E - (`7%290+;% 7%0/509#$# (2 $5?%*= ( % *5.7% 2%*#" 7%0/509#$# #"/<..52%E - 8#*/5* '%. #0%. xO= :9#0'% (..(. 8*%@"(2#. 7%2(3#*#2 # /%*0#*H.( %@R(/% '( '5.79..;% 2#5. #@(*/# 0%. 7<*79"%. '( 50/(*(..#'%. (2 /*#'575%0#"5.2%= % ?*98% 8(*(05#"5./# 7%2(3%9 # .9?(*5* #% 7#/6"57% (079**#"#'% #. .(?950/(. .%"934(. 8%..<$(5.^ TE J#*?9( /9'% ( 7%0$(*/#H.( #% ,."#2E NE F9.:9( #@*5?% 0# ,?*(R# !*/%'%`# ]9..#= %0'( #50'# +> 92 *(.<'9% '( (.%/(*5.2% ( 79R%. .#7*#2(0/%.= 0% 152 '#. 7%0/#.= .;% #7(5/%. 7%2% $>"5'%. 8("# ,?*(R# )#/6"57#E sE b5"5(H.( D /#*5:# 29"/57%01(..5%0#" '( bE M7+9%0= %0'( $%7G 8%'(*> 8*#/57#* *5/%. 50575>/57%. 5."U257%. .(2 7%0$(*.;% 1%*2#" ( 2#0/(0'%H.( # 92# 8*9'(0/( '5./U075# '%. 2939"2#0%. (`%/C*57%.E - 8*52(5*# %83;% (*# 7%2 7(*/(B# # 2#5. /*#92>/57#E -150#"= % 8*68*5% M7+9%0 /50+# (.7*5/% :9( c29'#* '( *("5?5;% 0;% C 7%2% 29'#* '( 8#<.^ C 7%2% 29'#* '( 8"#0(/#dETr - .(?90'# (*# 2#5. 7%01%*/>$("= 2#. (.@#**#$# 092 %@./>79"% :9( R#2#5. $5 #"?92 #9/%* 8(*(05#"5./# .(:9(* 2(075%0#*^ # ,?*(R# !*/%'%`# ]9..# (./#$# 501(./#'# '( #?(0/(. '# igF= .(0'% :9#.( 528%..<$(" #% *(7C2H7+(?#'% %*5(0/#*H.( 0#:9("# $%#5" $%#5"22." '( 7%0.85*#34(. ( 150?52(0/%.E X;% 8%* 7%5075'G075#= # igF (./#$#= 0#:9("( 2(.2% 2%2(0/%= K9@"5.+50? )%28#0a= NOOxw M#0/5#?% e#/#= O3#3D";$/3 \"/3#.D3* H3$ E"=/.=%$ 0% #" 7;%==" \.5.# = e#'*5'= J# \.1(*# '( "%. J5@*%.= NOTsE IE G=3F3$ $;= 1%)Q 7;Q)3)= K#*5.= n(*$a= TYysE
!=
\0/*( '9#. 29'#03#. '( 7#.#= 250+# @5@"5%/(7# (./> /%'# ?9#*'#'# 092 '(86.5/%= '( 2%'% :9( 1#*(5 #"?92#. 75/#34(. '( 2(26*5#E -?*#'(3% ($(0/9#5. 7%**(34(.E !E
AR
%*?#05B#0'% ( /*(50#0'% %*?#05B#34(. /(**%*5./#. 5."U257#. 8#*# # ?9(**# 7%0/*# % !75'(0/( 7*5./;%ETP M%@*#$# # /(*7(5*#= # 2#5. 1>75" ( 0#/9*#"E - /#*5:# '( M7+9%0 (./#$#= '( 1#/%= *(8"(/# '( 2(2@*%. '( %*5?(2 7#/6"57# l # 7%2(3#* 8("% 8*68*5% M7+9%0 ( 8%* #"?90. '( .(9. 7%"#@%*#'%*(. 2#5. 8*6`52%.= 7%2% e#*/50 J50?.= f5/9. F9*7k+#*'/ ( ]#2# KE )%%2#*#.[#2a= '%. :9#5. %. '%5. 8*52(5*%. 7%0$(*/(*#2H.( #% ,."#2= % /(*7(5*% 7%0/509%9 7#/6"57% #% 2(0%. (2 8A@"57%= .(2 '(5`#* '( 8*(./#* #% $,%.K, % $%/% *(?9"#2(0/#* '( %@('5G075# /%/#" (`5?5'% 0#. /#*5:#.ETx X#. #"2#. '#:9("(. :9( 8(*2#0(75#2 7#/6"57%. l %T F=3<%$$3 %9 '( 7%*#3;% #8(0#. l= *(#"5B#$#H.( #..52= (2 (.7#"# 257*%.76857#= % 8"#0% :9(= '(.'( TYNr= ](0C g9C0%0 /*#3#*# 8#*# % !75'(0/( 50/(5*%E I -86. '(.7*($(* 7%2 #. 7%*(. .%2@*5#. '( 92 ?(09<0% -8%7#"58.( # '(?*#'#3;% (.85*5/9#" '# 75$5"5B#3;% 0% !75'(0/(= #/*5@950'%H# D 8(*'# '#. c$(*'#'(5*# 2(/#1<.57#d ( '#. "5?#34(. (0/*( # ,?*(R# )#/6"57# ( # f*#'53;% K*52%*'5#" L"5?#34(. :9( .6 8%'(*5#2 /(* .5'% 2#0/5'#. 8%* 50/(*2C'5% '#. %*?#05B#34(. 50575>/57#.Q=Ty ](0C g9C0%0 8*($G /*G. '(.(0$%"$52(0/%. 8%..<$(5. '% (./#'% '( 7%5.#. 0% !75'(0/(^To TE - :9('# '(1505/5$# 0# @#*@>*5(E NE - *(./#9*#3;% '# /*#'53;% 7#/6"57#= .%@ # %*5(0/#3;% '5.7*(/# '( 2(./*(. (.85*5/9#5. 5."U257%.E
IE ,%0 e5+#5 K#7(8#= '.$.)<3=9"/.3)* !3=9%= AFB \,.%< 1%5%"#$ A%D=%/ A/="/%2.%$ <3= -)0%=9.).)2 !=%%0396 C//"DK.)2 1%#.2.3)6 ")0 G=393/.)2 +%==3=.$9= ZXn @%%k.= NOTs L+> /*#'93;% @*#.5"(5*#QE !G M7+9%0 *(?9"#$# #/C % (./5"% '( 2%@5"5>*5% 8(*25/5'% 0#. 7#.#. '( .(9. '5.7<89"%. ( % 0A2(*% '( 75?#**%. :9( ("(. 8%'(*5#2 192#* 8%* '5# L("( 8*68*5% '#$# 92# 192#'50+# '( $(B (2 :9#0'%= (2 7%0/*#./( 7%2 % /#@#?5.2% $%*#B '( ](0C g9C0%0QE !F
n#. 5?*(R#. 8*%/(./#0/(. g9C0%0 0(2 1#"#= 8%5. /50+# /%'#. 0# 7%0/# '( '(.$5%. #0/5/*#'575%0#5.E M7+9%0= 2#5. /#*'(= #/(09#*5# (..( '5#?06./57% .(2 5289?0>H"% 1%*2#"2(0/(E !S
IE >=.%)/ %/ >DD.0%)/ = K#*5.= IC?#= TYNrE
!\
A!
sE - 5."#25B#3;% /%/#"= .(R# 8%* 2(5% '# 5015"/*#3;% ( '# 8*%8#?#0'#= .(R# 8%* 2(5% '# %798#3;% 25"5/#*E \..#. /*G. %834(. *('9B5#2H.(= 0% 190'%= # '9#.^ %9 % 2(*?9"+% 0# @#*@>*5( %9 # .9R(53;% #% ,."#2= .(R# '5.7*(/#= .(R# %./(0.5$#E - (7"%.;% '# ,, g9(**# e90'5#" 8#*(7(9 2%./*#* :9( % !75'(0/( 8*(1(*5*# # 8*52(5*# %83;%= .(0'% 92 '(/#"+( 5*V057% % 1#/% '( :9( 528%*/#0/(. #9/%*5'#'(. *("5?5%.#. 5."U257#. '(*#2 #8%5% /%/#" #% !c,=%= = (.8(75#"2(0/( 0# :9(./;% '% (`/(*2<05% '%. R9'(9.ETY )%5075'G075# 2#7#@*# %9 8*%1(75# #9/%H*(#"5B>$("t X;% .(5E -86. # g9(**#= # 7%"#@%*#3;% <0/52# (0/*( ?%$(*0%. 5."U257%. ( *(?52(. 7%2905./#. 0% (.1%*3% #0/5H!75'(0/#" 7%0R90/% $(5% # .( /%*0#* /;% 0%/6*5# :9( 0(2 C 8*(75.% 50.5./5* 0(..( 8%0/%E X;% '(5`# '( .(* %8%*/90% "(2@*#* :9( +%R( (2 '5# # (.:9(*'# 290'5#" (28(0+#'# (2 7%**%28(* % !75'(0/( c#/C 1#BGH"% 1('(*d= 7%2% 8*(7%05B#$# -0'*C F*(/%0= C # 2(.2# :9( #865# %./(0.5$#2(0/( # %798#3;% 2939"2#0# '% !75'(0/( 8("# 525?*#3;% (2 2#..#= @(2 7%2% @%57%/# 8%* /%'%. %. 2(5%. :9#":9(* (.1%*3% .C*5% '( 7%2@#/( #% /(**%*5.2% 5."U257%= '( 2%'% :9( +> (0/*( %. '%5. @"%7%. 7%2% :9( 92 #7%*'% "(0505./# '( c1%2(0/#* # 7%**983;% ( '(09075>H"#dE X%$#2(0/( 7#@( # 2(.2# 8(*?90/# '% 8#*>?*#1% #0/(*5%*= 7%2 # 2(.2# *(.8%./#E K#*# % #.85*#0/( '( %*5?(2 7#/6"57#= /9'% % :9( # /#*5:# %1(*(75# (*# # (.7%"+# (0/*( /%*0#*H.( 2939"2#0% %9 .(* 7#/6"57% .%@ %*5(0/#3;% 2939"2#0#E - 2(.2# (.7%"+# :9( g9C0%0 %1(*(75# # /%'% % 290'% !75'(0/#"E )*(5% :9( 7%2 5..% 157# 2#5. 7"#*# # 50/(03;% '( g9C0%0 #% (.8*(2(* /%'#. #. *("5?54(.= (.8(75#"2(0/( # 7*5./;= 0% 2%"'( 1%*3#'% '( 92 7%07(5/% '(.7*5/5$% 5."U257%= # '5./503;% (`%/(*5.2%H(.%/(*5.2%E n( 1#/%= 7%2% '%250#* /%'# 92# 75$5"5B#3;% .(2 (0:9#'*>H"# 8*52(5*% 0% .5./(2# '( 7%%*'(0#'#. 50/("(7/9#5. '# 75$5"5B#3;% '%250#'%*#= %0'( ("# '(5`#*> '( .(* 92# /%/#"5'#'( #9/V0%2# 8#*# .( /%*0#* 8#*/( '( 92 2#8# #@*#0?(0/(t f#2@C2 C 6@$5% :9( 0;% @#./#$# 1#B(* 5..% (2 /(%*5#^ (*# 8*(75.% 7%0:95./#* 8#*# (..# 0%$# $5.;% '#. 7%5.#. %. ("(2(0/%. 2#5. $#"5%.%.= 2#5. #/5$%. 50/("(7/9#"2(0/(= '# ("5/( '# 75$5"5B#3;%H#"$%E M6 :9#0'% (./# 7%2(3#..( # .( 7%28*((0'(* # IE F#**a ]9@50= N"Z.$6 4$#"9.$/$6 ")0 /,% E"K.)2 3< /,% E30%=) E.00#% d"$/ = |#"( S05$(*.5/a K*(..= NOTr= ( n#$5' e%/#'("= 4$#"9 ")0 N"Z. 7%=9")BM$ @"= = F("k0#8 K*(..= NOTrE !B
AA
.5 2(.2# 0%. /(*2%. '% '%250#'%*= (2 $(B '%. .(9. 8*68*5%.= ("# (./#*5# 2#'9*# 8#*# #7(5/#*= .(2 2#5%*(. *(#34(.= 92# %8(*#3;% 2#5. $#./# '( %798#3;% 79"/9*#"E f#0/% 2#5. :9( # *('93;% '% 7*5./5#05.2% #% @50V25% (`%/(*5.2%H(.%/(*5.2%= #7%28#0+#'# '% '5#?06./57% .%2@*5% '# 8(*'# '# '52(0.;% (.%/C*57#= 79"250#$# 50(`%*#$("2(0/( 0# 7%07"9.;% '( :9( # c*(./#9*#3;% '# 7*5./#0'#'(d= '#. .9#. 7%0(`4(. 7%2 # f*#'53;% K*52%*'5#" ( 8%*/#0/% '#. '52(0.4(. 2#5. #"/#. '# .9# (.85*5/9#"5'#'(= .6 8%'(*5# *(#"5B#*H.( .%@ # '5*(3;% '( 92 c(.%/(*5.2% $5$(0/(d= 5./% C= '% .915.2%E K#*# 9.#* %. /(*2%. '% 8*68*5% g9C0%0= (*# 8*(75.% .9@2(/(* % !75'(0/( D c#9/%*5'#'( (.85*5/9#"d '% ,."#2 #0/(. '( .9@2(/GH"% #% .(9 c8%'(* /(28%*#"dE - /(%*5# '( M7+9%0= .(?90'% # :9#" %. .#7*#2(0/%. 7*5./;%. 7%0.(*$#$#2 % .(9 8%'(* 50575>/57%= 8#*(75# #/(09#* 92 8%97% # 1%*3# '% #*?92(0/% 5."#25B#0/(= 2#. 0# $(*'#'( 0;% % 1#B5# '( 2#0(5*# #"?92#E M(2 # '($5'# 50./*93;% (.85*5/9#"= :9( .6 92 c(.%/(*5.2% $5$(0/(d 8%'(*5# "+( %1(*(7(*= % 8%*/#'%* '( 92# c50575#3;% $5*/9#"d 8(*2#0(75# 507%0.75(0/( '( /GH"# *(7(@5'% ( 0;% #8(0#. 157#$# 8#*#"5.#'% 0% 2(5% '# (.7#"#'# 50575>/57#= 2#. .( #**5.7#$#= 7%2 5..%= # .%1*(* /%'# .%*/( '( '5./A*@5%. (.85*5/9#5. ( 8.<:957%.E M6 # (.85*5/9#"5'#'( .915 l (07#*0#'#= 0(./( 7#.%= 0# 8(..%# '( bE M7+9%0 l 8%'(*5# .#"$#* %. 7#/6"57%. '( .5 2(.2%.E - 5."#25B#3;% '% !75'(0/( l '5.7*(/# %9 %./(0.5$#= 8#7<157# %9 $5%"(0/# l C % %@R(/5$% 7(0/*#" (= 0# $(*'#'(= A057%= '( /%'# # %@*# '( ](0C g9C0%0E \"# 50/(5*# 7%0$(*?( 8#*# (..# 2(/#= 0;% 7%2% 92# 2(*# 7%07"9.;% "6?57#= 2#. 7%2% 92# (.8C75( '( A057# .#<'# D :9#" % "(5/%* l (= 5'(#"2(0/(= % !75'(0/( 50/(5*% l $#5 .(0'% "($#'%= (0/*( %. 29*%. '( 92# 7%0./*93;% "#@5*<0/57#= 8%* 92 .(0.% '( 1#/#"5'#'( 50(`%*>$("E \`7"9<'% (..( %@R(/5$%= ("# 0;% 8#..#*5# '( 92 7%0R90/% '( (.8(79"#34(. /(6*57#. .(2 150#"5'#'(= 92 ('51<75% '( @("#. 8%..5@5"5'#'(. (.85*5/9#5. 5**(#"5B>$(5.= 7%5.# :9( ("( .(28*( 0(?%9 :9( ("# 89'(..( .(*E M( 1%..( 8*(75.% 92# 7%015..;% (`8"<75/# 8#*# 7%015*2>H"%= @#./#*5# "(2@*#* :9(= R9./#2(0/( 0% 2%2(0/% (2 :9( bE M7+9%0 $%"/#$# '# -*?C"5# 7%2 % /9"% '( $,%.K,= #"#*'(#0'% .9# 50/(03;% '( c5."#25B#* # \9*%8#d L $.DQ= g9C0%0 '(7"#*#$# :9( # 190'#3;% '# /#*5:# '( M7+9%0 (2 J#9.#00(= M9<3#= (*# % 8*52(5*% ( A057% 1*9/% 8*%'9B5'% 8("% .(9 (.1%*3% '( 'C7#'#.E
A=
I, ! :9( 8%'( /%*0#* (..( %@R(/5$% 0(@9"%.% %9 #/C 50$5.<$(" #%. %"+%. '% 8A@"57% .;% '%5. 1#/%*(.^ K*52(5*%^ g9C0%0 #15*2# *(5/(*#'#2(0/( .(9 /%/#" '(.8*(B% 8%* :9#":9(* #/5$5'#'(= 7%**(0/( %9 5'(%"%?5# 8%"57#= #..(?9*#0'% :9( .(9. 50/(*(..(. 0#'# /G2 # $(* 7%2 # "9/# 8("% 8%'(* ( .( $%"/#2 (`7"9.5$#2(0/( D (.1(*# '% (.85*5/9#" ( '% (/(*0%E ,..% 8#*(7( 7%"%7>H"%= #%. %"+%. '( 295/%.= 507%28#*#$("2(0/( #752# '# #/9#" '5.89/# (0/*( %. 8#<.(. 5."U257%. ( % !75'(0/(E \..( 2%'% '( $(* 0;% C 8*%8*5#2(0/( 1#".%= C #8(0#. $#B5%E p 6@$5% :9( g9C0%0 0;% (./> '5.89/#0'% 8%'(* 8%"57%E \./> '5.89/#0'% #"?% :9( (./> 501505/#2(0/( #752# '5..% ( '% :9#"= .(?90'% ("( 2(.2% (`8"57#= % 8%'(* 8%"57% 0;% C .(0;% 92 *(1"(`% .(790'>*5%= :9#.( '(.8*(B<$("^ (./> '5.89/#0'% #9/%*5'#'( (.85*5/9#"E \./> '5.89/#0'%H# 7%2 # ,?*(R# )#/6"57#= 7%"%7#0'%H.( 295/% #752# '("# ( 8*(/(0'(0'% %*5(0/>H"# '(.'( #. #"/9*#. .9@"52(. '# (.85*5/9#"5'#'( .915 L0;% 0(7(..#*5#2(0/( (2 8(..%#= C 7"#*%QE \"( C 295/% (`8"<75/% :9#0/% # (..( 8%0/%E - ,?*(R# )#/6"57#= (2 #"?92 8%0/% '# .9# +5./6*5#= '5B ("(= 8(*'(9 7%0/#/% 7%2 # f*#'53;% K*52%*'5#" ( R> 0;% /(2 .(:9(* 92# 7%28*((0.;% '#. c8#*/(. .98(*5%*(.d '# 2(/#1<.57#^ '(/C2H.( 0# 89*# %0/%"%?5#= %9 /(%*5# '% M(*= .(2 8(0(/*#* 0%. 25./C*5%. .98*(2%. '% X;%HM(* LM7+9%0 8*(1(*( '5B(* cM98*#HM(*dQE m> 2( (`8"5:9(5 (2 %9/*#. %7#.54(. :9#0/% #% :9( 2( 8#*(7( .(* # #@.9*'5'#'( 50/*<0.(7# '# '%9/*50# '% X;%HM(*= ( 0;% $%9 $%"/#* # (..( #..90/% #:95E ! :9( 50/(*(..# 0% 2%2(0/% C .#"5(0/#* :9(= .(?90'% g9C0%0= % 7#/%"575.2%= # 8#*/5* '(..# 29/5"#3;% 50575#"= $(5% '(7#50'% #7(0/9#'#2(0/( #/C *('9B5*H.( # 92# 2(*# '($%3;% .(0/52(0/#" 8#*# #. 2#..#.E )%2% .6 :9(2 8%'( *((*?9GH"# '(..( #@5.2% C :9(2 #50'# 8%..9# # 7%0(`;% %*5?50>*5# 7%2 # f*#'53;% K*52%*'5#"= C ($5'(0/( :9( # .#"$#3;% '# ,?*(R# (= #/*#$C. '("#= '( /%'% % !75'(0/(= .6 8%'( $5* '( 1%*#E n( %0'(= 8*(75.#2(0/(t n% @9'5.2% 0;% 8%'( .(*= R> :9( g9C0%0 0(2 2(.2% % 7%0.5'(*# 92# /*#'53;% 50/(5*#2(0/( $>"5'#E n% +50'9<.2% /#2@C2 0;%= 8%*:9( 0;% 8%'( .(* 8*#/57#'% 1%*# '# }0'5# 0(2 8%* :9(2 0;% .(R# '( 0#75%0#"5'#'( 50'5#0#E
AE
f9'% % :9( % +50'9<.2% 8%'( 1%*0(7(* C 92# 7%28*((0.;% 2#5. #8*%190'#'# '# '%9/*50# 2(/#1<.57# l ( '( 1#/% g9C0%0 *(7%**( #@90'#0/(2(0/( #%. /(`/%. +50'9. 8#*# 5..% l= 2#. # 2(*# 7%28*((0.;% /(6*57#= .(0'% 50'5.8(0.>$("= 0(2 '( "%0?( 8%'( 1%*0(7(* 8%* .5 2(.2# # #9/G0/57# c*(#"5B#3;% 2(/#1<.57#dE n% R9'#<.2%= 2(0%. #50'#= 8%5. .(*5# 507%07(@<$(" :9( # ,?*(R#= /(0'% 0#.75'% '("(= $%"/#..( #% $(0/*( 2#/(*0% .(2 #09"#*H.( .F$3 <"D/3 ( 7(..#* '( (`5./5*E n# e#3%0#*5#t ,28%..<$("= 0;% .6 8%* 7#9.# '#. 507%28#/5@5"5'#'(. #752# #8%0/#'#. ( R#2#5. $(075'#.= 2#. 8%*:9(= .(?90'% g9C0%0= #. 50575#34(. 2#3V057#. .;% #8(0#. '( cK(:9(0%. e5./C*5%.d= .(?*('%. '% 7%.2%. ( '# .%75('#'( :9( 0(2 '( "%0?( /%7#2 #. #"/9*#. '# .98*(2# *(#"5B#3;% 2(/#1<.57#= %. cg*#0'(. e5./C*5%.dE n( %@./>79"% (2 %@./>79"% l 0;% C 8*(75.% (`#250#* /%'#. #. #"/(*0#/5$#. l= # 7%07"9.;% 50(`%*>$(" C :9( % "#@5*50/% '( 528%..5@5"5'#'(. .6 /(2 92# .#<'#^ % 7#/%"575.2% .6 8%'( .(* '($%"$5'% D .9# 50/(?*5'#'( %*5?50>*5# .( 7%0.(0/5* (2 .9@2(/(*H .( #% ?95#2(0/% '( 2(./*(. 5."U257%.E !9 5..%= %9 # %798#3;% '% !75'(0/( 8("%. 2939"2#0%.E +%=/.;9 )3) 0"/;= E W9(= %) F"$$")/ = g9C0%0 ( .(9. 7%0/509#'%*(. /(0+#2 1(5/% $>*5#. 7%0/*5@9534(. $#"5%.#. #/C 2(.2% D 7%28*((0.;% '% 7#/%"575.2% 8("%. 8*68*5%. 50/("(7/9#5. 7#/6"57%.= (.8(75#"2(0/( 0% :9( 7%07(*0( #% .52@%"5.2% ( D #*/( .#7*#= C 7%5.# :9( 050?9C2 (2 .(9 R9;/=3$ d$/;03$= )#2850#.= I5'( \'5/%*5#"= NOTN= 88E NsT ..E AR
f#2@C2 C 7(*/% :9( :9#":9(* 7*5./;% 50/("5?(0/(= 7#/6"57% %9 0;%= 8%'( /5*#* 8*%$(5/% '(..(. (0.50#2(0/%. .(2 #'(*5* #% 8*%R(/% ?9C0%05#0%= 2#. 7%2% *(79.#* #'(.;% .(2 .#@(* %9 :9(*(* .#@(* :9( % 8*%R(/% (`5./(t f%'% 5'5%/# A/5" C 5'5%/# ( A/5" 0# 2('5'# 2(.2# (2 :9( 0(?# # (`5./G075# '#:9("( :9( % 9/5"5B#E A!
AF
:9(= 0(..( 8(*<%'%= ("( #50'# #7*('5/#$# 0# 8%..5@5"5'#'( '( '5*5?5* % 79*.% '#. 7%5.#. 0# ,?*(R# )#/6"57# 8%* 2(5% '# 8(*.9#.;% ?(0/5" ( '# 5015"/*#3;%ENN M9# 8#*/5'# 8#*# % \?5/%= (2 TYsO= 7%2 # 15*2( '(75.;% '( 0;% 2#5. $%"/#* ( '( .6 .( 7%29057#* 7%2 % .(9 8A@"57% '#< 8%* '5#0/( 8%* 2(5% '# *($5./# a/;0%$ +="0./.3)%##%$= #..50#"# % 2%2(0/% (2 ("( 8(*'( (..# (.8(*#03# (= 50/(?*#0'%H.( 7#'# $(B 2#5. 0%. 2(5%. (.%/C*57%. (?<875%. L#/C 2(.2% 7#.#0'%H.( 7%2 # 15"+# '% 8*(./5?5%.% $,%.K, \"5.+ \"Hi(@5*Q= 8#..# # @%"# '( $%"/# D. #9/%*5'#'(. 5."U257#. :9( '( "%0?( +#$5#2 %*5(0/#'% .9#. #34(. 0% :9#'*% (9*%8(9E )%2% #. 7%5.#. ($%"9<*#2 '(.'( (..( 8%0/% #/C # #'%3;% '# 8%"57# '( /(**%*5.2% ( c%798#3;% 8("# 525?*#3;%d L7%5.# :9(= C 7"#*%= R#2#5. #7%0/(7(*5# .(2 % @(0(8">75/% '#. #9/%*5'#'(. (.85*5/9#5. 5."U257#.Q= C 92# +5./6*5# :9( 5?0%*#2%. ( :9( .6 8%'(*> .(* 7%0/#'#= /#"$(B= '#:95 # $>*5#. 'C7#'#.E ! :9( C #@.%"9/#2(0/( 7(*/% C :9( g9C0%0= '(.'( % 50<75% '# .9# #/5$5'#'( 8A@"57#= '(7"#*%9 0;% 1#"#* (2 .(9 0%2( 8*68*5% 2#. .(?95* (./*5/#2(0/( # %*5(0/#3;% '( c*(8*(.(0/#0/(. :9#"5157#'%. '#. /*#'534(. %*5(0/#5.d= (0/*( %. :9#5.= .#@(H.( +%R(= 8*50758#"2(0/( % 8*68*5% $,%.K, \"Hi(@5*E p 92# @%@#?(2 '(.7%290#" '5B(* :9( g9C0%0 c.( 7%0$(*/(9 #% ,."#2d (2 TYsOE \"( R> (*# 2(2@*% *(?9"#* '( 92# /"=.L" 8("% 2(0%. '(.'( %. $50/( ( 92 #0%.= % :9( @#./# 8#*# 2%./*#* :9( 1%5 "%0?#2(0/( 8*(8#*#'% 8#*# # 25..;% '5157<"52# :9( 5*5# '(.(28(0+#*E I,, ! .(?90'% 1#/%* :9( '51579"/# # 8(*7(83;% '# 5'(0/5'#'( '( g9C0%0 7%2% #?(0/( 5."U257% C % 8*68*5% 528#7/% '# %@*# '("( .%@*( %. .(9. '5.7<89"%.E W9#"5157#'# 7%2% c% 2#5. '(."92@*#0/( 25"#?*( 50/("(7/9#" '# 0%..# C8%7#d=Ns (..# %@*# "#03# /#0/#. "9B(. 528*($5./#. .%@*( % 1(0V2(0% *("5?5%.% ( .%@*( # '(7#'G075# (.85*5/9#" '% !75'(0/(= ( C /;% ?*#0'( % .(9 7%0/*#./( 7%2 /%'% % - 8*(.(03# '( ]#2# KE )%%2#*#.[#2a L15"+% '( -0#0'#Q 7%2% 8*%1(..%* 092 .(250>*5% 7#/6"57% 8*%$# :9( #50'# 0%. #0%. oO '% .C79"% hh bE M7+9%0 #7*('5/#$# 0(..# 8%..5@5"5'#'(= R> #@#0'%0#'# 8%* g9C0%0 2(5% .C79"% #0/(.E ! '*E )%2#*#.[#2a= 7%0+(75'% 7%2% /(6"%?% 7#/6"57% ( @*5"+#0/( '(1(0.%* '% 7#/%"575.2% /*#'575%0#" L/5$( % 8*#B(* '( $GH"% *('9B5* # 86 % K(E g9/5(**(B= 8*67(* '# c/(%"%?5# '# "5@(*/#3;%d= 092 '(@#/( (2 J52#= K(*9Q= (*# 2#5. :9( 92 2(2@*% 7%292 '# /"=.L"^ (*# % @*#3% '5*(5/% '( M7+9%0E AA
e57+(" I#".U0E
A=
AG
8(0.#2(0/% 2%'(*0% #/(9 %9 7*5./;%= :9( .( /%*0# :9#.( 5**(.5./<$(" # /(0/#3;% '( (07#*>H"# *(#"2(0/( 7%2% 92 25"#?*(= 92# 50/(*$(03;% '5$50# 0% 79*.% '# j5./6*5#E M(aa(' j%..(50 X#.*= (2 i0%["('?( #0' /+( M#7*('=Nr 0;% +(.5/# (2 #8*(.(0/#* /%'# # +5./6*5# 50/("(7/9#" '% !75'(0/( 7%2% .( 1%..( 92# "%0?#= /#/(#0/( ( .(257(?# 8*(8#*#3;% 8#*# % #'$(0/% '#. "9B(. ?9C0%05#0#.E I5./# '(..( 2%'%= # %@*# '( g9C0%0 8#*(7( 92# 2(0.#?(2 .98*#H+5./6*57# $50'# '# #9*%*# '%. /(28%.= '# 8*68*5# f*#'53;% K*52%*'5#" ( 0;% '( 92 $,%.K, (?<875% 7%0/(28%*U0(%E ! '(.(R% '( #8#?#* .9#. *#*5%. /*(7+%. '(..# %@*#= ( *(1%*3#'% #50'# 8%* $>*5#. (`8*(..4(. '( '(.8*(B% D c2(*#d 8(*.8(7/5$# +5./6*57#= .(?90'% g9C0%0 92 5"9.6*5% $C9 '( #8#*G075#. 8#..#?(5*#. (07%@*50'% # *(#"5'#'( '#. 7%5.#. (/(*0#.E \"( 7+(?# # 7*5/57#* % #8(?% '# 2(0/#"5'#'( %75'(0/#" #%. c1#/%.d 7%2% .( 1%..( 92 $<75% '( 8(0.#2(0/%E m(#0 ]%@50= 7#*#7/(*5./57#2(0/(= 8*%7"#2# % ?9(0%05.2% 92# 50/(*$(03;% 8*%$5'(075#" ( c# A"/52# 7+#07( '% !75'(0/(dENP p 92 '5*(5/% 50#"5(0>$(" '% '5.7<89"% (0/9.5#./# 7("(@*#* # %@*# '% 2(./*( 7%2 %. :9#"5157#/5$%. 2#5. (01>/57%.E e#. 92 :9#"5157#/5$% 0#'# .5?05157# :9#0'% .(8#*#'% '# .9@./U075# :9( ("( :9#"5157#E S2# 7%5.# C 1#"#*= ?(0(*57#2(0/(= '( cA"/52# 7+#07( '% !75'(0/(d l ( /%'%. @(2 .#@(2%. :9( % !75'(0/( 8*(75.# '( 92#E e#. %9/*# 7%5.# 7%28"(/#2(0/( '5$(*.# C (.7"#*(7(* :9( 0;% .( /*#/# '( 92# 7+#07( :9#":9(*= '( 92# #@./*#/# ( ?(0C*57# c*(./#9*#3;% '# (.85*5/9#"5'#'(d ( .52 '( 92# .#"$#3;% 8("# 5."#25B#3;%E m(#0 ]%@50 .528"(.2(0/( %25/( (..( 8%0/%E f#2@C2 C 295/% R9./% 8*5$5"(?5#* % (/(*0% ( 529/>$(" #752# '% /(28%*#" ( /*#0.5/6*5%E e#. :9#":9(* 15(" 7#/6"57% +#@5/9#'% #% .#7*#2(0/% '# 7%015..;% (0/(0'( :9( % .#"/% 8#*# % (/(*0%= .(2 8#..#* 8("# 7%0.75G075# '%. '(/#"+(. 1#7/9#5. '# $5'# /(**(./*(= /;% 1*(:q(0/(2(0/( +925"+#0/(. ( '(8*52(0/(.= 0;% C (.85*5/9#"5'#'(= C #0?("5.2%E ! #86./%"% :9( #15*2# cm> 0;% .%9 (9 :9(2 $5$%= C )*5./% :9( $5$( (2 252d C % 2(.2% :9( 7%01(..# /*#B(* c92 (.850+% 0# 7#*0(d #/C % 152 '%. .(9. '5#.E ! '(.(R% '( $%#* 8#*# % 290'% '%. #*:9C/58%. (/(*0%. .#"/#0'% 8%* 752# '# *(#"5'#'( +5./6*57# 7%07*(/# 0;% #8#*(7( )*%..*%#'= TYoTE
AE
1%)Q 7;Q)3)6 H" '%=).`=% \,")D% 0% #M>DD.0%)/ = \'5/5%0. '( "# e#5.05( H g9a f*C'#05("== K#*5.= TYosE AF
AS
.%2(0/( 0%. 8(*15. +#?5%?*>157%. '# c25..;% '( ](0C g9C0%0d= 2#. (2 8("% 2(0%. /*G. "5$*%. '( 528%*/#0/(. #9/%*(. 8(*(05#"5./#. .%@*( % ,."#2E 40%"#$ ")0 1%"#./.%$ 3< 4$#"9= '( M(aa(' j%..(50 X#.*=Nx \39F=%)0=% #M4$#"9= '( b*5/+R%1 M7+9%0=Ny ( E33=.$, \;#/;=% .) AF".)= '( f5/9. F9*7k+#*'/=No 2#" (.7%0'(2 .9# (./*#/C?5# *(/6*57# '( 2%./*#* # $5'# 2939"2#0# .6 8("%. #*:9C/58%. (/(*0%. :9( .52@%"5B#= 7%0/*#./#0'%H%.= (`8"<75/# %9 528"575/#2(0/(= 7%2 #. 25.C*5#. 1#7/9#5. @*9/#. '% !75'(0/( 2#/(*5#"5./#E - 7%5.# 7+(?# #/C # .(* 92 8%97% 50?G09#E -/C 92# 7*5#03# 8(*7(@( :9( 0;% C R9./% 7%28#*#* #. $5*/9'(. '( 92 7%2 %. '(1(5/%. '% %9/*%= (2 $(B '( $5*/9'(. 7%2 $5*/9'(. ( '(1(5/%. 7%2 '(1(5/%.E f9'% 5..% /%*0# '51<75"= /#0/% #% "(5/%* *(7C2H7+(?#'% :9#0/% D. $(B(. #%. 8*68*5%. 8%*/#H$%B(. '% 8(*(05#"5.2%= #'25/5* % 6@$5%^ # %@*# '( ](0C g9C0%0 8%'( /(* /%'% % 7#*>/(* 8*%$5'(075#" ( .#"$#'%* :9( .( '(.(R(= 7%2 # 7%0'53;% '( :9( .( #'25/# 7"#*#2(0/( % 6@$5%^ :9(= 0% 152 '#. 7%0/#.= ("# R#2#5. %1(*(7(9 %9/*# $5# '( .#"$#3;% 8#*# % !75'(0/( (`7(/% # 5."#25B#3;%E f#2@C2 C 7(*/% :9( :9#":9(* 7*5./;% 50/("5?(0/(= 7#/6"57% %9 0;%= 8%'( /5*#* 8*%$(5/% '%. (0.50#2(0/%. '( ](0C g9C0%0 .(2 #'(*5* #% 8*%R(/% ?9C0%05#0%= 2#. 7%2% *(79.#* #'(.;% .(2 .#@(* %9 :9(*(* .#@(* :9( % 8*%R(/% (`5./(t f%'% 5'5%/# A/5" C 5'5%/# ( A/5" 0# 2('5'# 2(.2# (2 :9( 0(?# # (`5./G075# '#:9("( :9( % 9/5"5B#E e95/%. 7*5./;%.= 7#/6"57%. %9 0;%= .(0/5*#2H.( /;% 50'5?0#'%. #0/( %. (0.50#2(0/%. '( ](0C g9C0%0 :9( 15B(*#2 $>*5#. /(0/#/5$#. '( *(19/>H"% ( #/C '( #7+507#"+>H"%E \..#. /(0/#/5$#. .6 8*%$#*#2 # .98(*5%*5'#'( 50/("(7/9#" '% #'$(*.>*5% ( 7#<*#2 0% *5'<79"% %9 0% (.:9(752(0/%E M%@ (..( #.8(7/%= %. '5.7<89"%. '( g9C0%0 0;% (./#$#2 /%/#"2(0/( (**#'%. #% 7%0.5'(*>H"% 50.98(*>$(" L# c@A..%"# 501#"<$("d= '5B5# e57+(" I#".U0QE e#. g9C0%0 0;% 8*(75.# .(* 7%2@#/5'% 0(2 $(075'%E -% #'%/#* % 8.(9'V052% '( c\.150?(d 0%. .(9. 8*52(5*%. (.7*5/%.= ("( .#@5# :9( #:9("(. :9( 0;% '(751*#..(2 # .9# 2(0.#?(2 .(*5#2 (0?%"5'%. ( *('9B5'%. D %@('5G075#E -:9("(. :9( (.8(*0(5#2 (0/*( ?*5/%. '( *($%"/# 0;% F(#7%0 K*(..= TYyNE
AG
\'5/5%0. '9 M(95"= TYyxE
AS
g(%*?( -""(0 ~ S0[50 J/'E= TYyNE
A\
A\
'(5`#2 .( 8*(./#*H"+( %@('5G075#= # 7%0/*#?%./% %9 2(.2% 507%0.75(0/(2(0/(ENY S2# $(B '(751*#'#= 8%*C2= # \.150?( 0;% /(2 *(2C'5% .(0;% .%"/#* ?(0/5"2(0/( # 8*(.#= :9( .#5*> '#. .9#. ?#**#. 0;% .%2(0/( "5$*(= 2#. 1%*/#"(75'#E K(/(*.@9*?= I-= N '( R9"+% '( NOTx
! (`(28"% 2#5. /<857% .;% %. 7*5./;%. 7%0.(*$#'%*(. #0/5?9(0%05#0%. :9(= *($%"/#'%. #0/( # c'(7#'G075# '% !75'(0/(d= #'(*(2 D 8%"57# (9*#.5#0# '( -"(`#0'*( n9?950= @5.0(/% (.85*5/9#" '( g9C0%0E M;% /#"$(B #. 8(..%#. 2#5. @9**#. '% 905$(*.%E AB
AB
Influências discretas m%*0#" '% F*#.5"= o '( 2#5% '( NOOo
W9#0'% % 850/%* ( 8%(/# .9<3% b*5/+R%1 M7+9%0 LTYOyHTYYoQ $%"/%9 '% !*5(0/( 0%. #0%. rO= /*#0.15?9*#'% (2 2(./*( .98*(2% '( 92# '#. 2#5. 501"9(0/(. %*?#05B#34(. (.%/C*57#. 2939"2#0#. ( #09075#0'% :9( 5*5# 5."#25B#* # \9*%8#= '(9 # 7"#*# 528*(..;% '( :9( (./#$# 7%28"(/#2(0/( "%97%E j%R( 7%0$C2 (`#250#* 7%2 +925"'#'( #. .9#. 8#"#$*#. ( % 79*.% '#. .9#. #34(.= 79R# (1575G075# #$#..#"#'%*# 7%0/*#./# 7%2 # /%/#" '5.7*53;% 7%2 :9( 1%*#2 (28*((0'5'#.E n(.'( "%?%= # 7*5#3;% '# /#*5:# L"%R# 50575>/57# 5."U257#Q '( M7+9%0 (2 J#9.#00( 1%5 .#9'#'# 8("% (.7*5/%* (.%/C*57% ](0C g9C0%0 LTooxHTYPTQ 7%2% % A057% *(.9"/#'% 8*%25..%* %@/5'% 8("%. .(9. 8*68*5%. (.1%*3%. '( :9#/*% 'C7#'#.E ,..% 2%./*# 7"#*#2(0/( % .(0/5'% '(..(. (.1%*3%. (= 2#"?*#'% # 8%./(*5%* *98/9*# (0/*( g9C0%0 ( M7+9%0= ($5'(075# # 8(*1(5/# 7%0/5095'#'( '# %@*# '(..(. '%5. (.%/(*5./#.= 79R%. '5.7<89"%. *(.8(7/5$%. +%R( (2 '5# 8*(1(*(2 %'5#*H.( 29/9#2(0/( (2 $(B '( 7("(@*#* # $5/6*5# 7%292 .%@*( 92# \9*%8# (.85*5/9#"2(0/( '(@5"5/#'#E X# 'C7#'# '( NO= g9C0%0= #9/%* '( #0>"5.(. 2#?5./*#5. .%@*( # '(7#'G075# '% !75'(0/( (9*%8(9= +#$5# 7%07"9<'% :9( .6 /*G. 7#250+%. .( %1(*(75#2 # (..# 75$5"5B#3;%^ # :9('# 0# @#*@>*5(= # *(./#9*#3;% '# ,?*(R# 7#/6"57# %9 # 5."#25B#3;%E W9#0'% 8*%09075%9 #:9("#. 8#"#$*#. .%@*( b*5/+R%1 M7+9%0= ("( R> +#$5# '(.5./5'% '# .(?90'# #"/(*0#/5$#E ! 15#.7% '% )%07<"5% I#/57#0% ,,= 79R#. #8#*G075#. %. 8#8#. (2 $;% /(0/#2 #50'# .#"$#*= $(5% # 8*%$#* :9( .(9 '5#?06./57%= (2 "50+#. ?(*#5.= (./#$# 7(*/%E - \9*%8# *#'57#"2(0/( '(.7*5./5#05B#'# C +%R( % 8#"7% '( 92# 7%07%**G075# #@(*/# (0/*( # @#*@>*5( ( % 5."#25.2%E X;% +> /(*7(5*# $5#= #8#*(0/(2(0/( L•75$5"5B#3;% "#57#• C 85#'#QE 8%..5@5"5'#'( '( 92 *(.?#/( '# %83;% 7*5./; '(8(0'( 50/(5*#2(0/( '# 501"9G075# #2(*57#0# %9 '# '('57#3;% #'25*>$(" '( 8#'*(. ( 8#./%*(. %*5(0/#5. ( #1*57#0%. :9(= 092 ?5*% 8#*#'%`#" '# j5./6*5#= $%"/#2 8#*# /(0/#* *(7#/(:95B#* % 8%$% :9( %. 7*5./5#05B%9E
=R
- #3;% '( 8(*.%0#?(0. 7%2% g9C0%0 ( M7+9%0 8#..# '(.8(*7(@5'# D 2<'5#= #%. #0#"5./#. 8%"57%. ( #%. •50/("(7/9#5.• (2 ?(*#"= :9( /G2 %. %"+%. 15`#'%. +580%/57#2(0/( 0# .98(*1<75( $5./%.# '%. #7%0/(752(0/%.E e#. .(2 ("# # •%798#3;% 8%* '(0/*%• 8%* 2(5% '# 525?*#3;% /(*5# 8(*2#0(75'% 50679#= 8%* 1#"/# '#. 7%0'534(. 79"/9*#5. :9( '(.#*2#*#2 # ("5/( 50/("(7/9#" ( 8%"57# (9*%8C5#E g9C0%0 ( M7+9%0 295/% 7%0/*5@9<*#2 8#*# 7*5>H"#.= .9@R9?#0'% #. 7#2#'#. 2#5. #"/#. ( 75*790.8(7/#. '(..# ("5/( #% 79"/% '# .98(*5%*5'#'( 50/("(7/9#" '% !*5(0/( (2 /%'#. #. >*(#. '(75.5$#.= 1%*# #. 75G075#. 0#/9*#5. ( # /(70%"%?5#E g9C0%0 #..50#$# .(9. 8*52(5*%. #*/5?%. 7%2 % 8.(9'V052% M8+a0` L\.150?(Q= '(0%/#0'% :9( .(9. "(5/%*(. 0;% /50+#2 %83;% .(0;% #8*%$(5/#* 50/("5?(0/(2(0/( .9#. "534(. %9 '(5`#*H.( '%250#* 8%* ("#. .(2 (0/(0'GH"#.E X92 A057% 8#<. (9*%8(9 (..#. "534(. 1%*#2 2('5/#'#. 7%2 .(*5('#'( 8%* 8(0.#'%*(. 50'(8(0'(0/(.^ # ]%2G05#E W9#0'% 2%*(5 (2 F97#*(./(= 0;% (07%0/*(5 #"5 92 .6 50/("(7/9#" (250(0/( :9( 0;% /5$(..( 92# 7%28*((0.;% 8*%190'# ( 7*57# '# %@*# '( g9C0%0E X% *(./% '# \9*%8#= % :9( .( $59 1%5 # #"/(*0U075# (0/*( # *(79.# 507%28*((0.5$# ( # .9@25..;% '($%/#= 507"950'% 92 0A2(*% .5?05157#/5$% '( 7%0$(*.4(. .(7*(/#. #% 5."; ( # #**(?52(0/#3;% '( 295/%. 50/("(7/9#5. ( "<'(*(. l (0/*( ("(. % 19/9*% *(5 '# ,0?"#/(**# l 0% (.:9(2# '( 8*%/(3;% (./#/#" #% (`8#0.5%05.2% 5."U257%E X;% 8%* 7%5075'G075#= # ]%2G05# C 92 '%. *#*%. 8#<.(. (9*%8(9. %0'( # 8(0(/*#3;% 2939"2#0# C 5**5.6*5#E K#*# 1#B(* 92# 5'C5# '# 1%*3# '# 501"9G075# .9/5" '( g9C0%0 ( M7+9%0= @#./# .#@(* :9( (./( A"/52% 50/(*1(*59 '5*(/#2(0/( 0# 8*%'93;% '# 7*5.( (0/*( 2%0.(0+%* J(1€$*( ( % I#/57#0%= (2 TYyx= ( #/C +%R( %. +5./%*5#'%*(. 7#/6"57%. l .(R#2 8*%?*(..5./#. %9 7%0.(*$#'%*(. l 0(2 .( '(*#2 # 2<052# 7%0/# '5..%E M(5 :9( (.7*($5 (./( #*/5?% 8#*# 8%97%. "(5/%*(. ( :9(= '(./(.= #"?90. '%. :9( 8%'(2 2#5. %9 2(0%. 7%28*((0'GH"% $;% .(?9*#2(0/( '(/(./>H"%E e#. +> 7%5.#. :9( C 8*(75.% '5B(* .6 8#*#= 0% 19/9*%= 0;% .(* #79.#'% '( '#* /(./(290+% /#*'5%E
=!
A Igreja humilhada Nr '( R9"+% '( NOTP
, !. 7C*(@*%. 5"9250#'%. '# 2<'5# 0#75%0#" ( 50/(*0#75%0#" (0`(*?#*#2 #< /%'# .%*/( '( 50/(034(. (792G057#. ( '58"%2>/57#.= 2#. 0;% 7*(5% :9( (..( .528"(. '(/#"+( '( 92 '5.79*.% 8#8#" 8%..# .(* 7%28*((0'5'% .(2 92 *(79% +5./6*57% '( 295/%. .C79"%.E cX6. 1#"#2%. 7%2 8#"#$*#.= 2#. n(9. 1#"# 7%2 8#"#$*#. ( 7%5.#.d= '5B5# M/%E f%2>. '( -:950%E X# C8%7# '("(= ( '( 1#/% '(.'( % 7%2(3% '% 7*5./5#05.2%= 5..% (*# 92# %@$5('#'( '( '%2<05% 8A@"57%E e95/% #0/(. '( '5/#* #%. 8*%1(/#. #. 8#"#$*#. '# F<@"5#= n(9. +#$5# 7*5#'% % 905$(*.%= .(0'% 507%07(@<$(" :9( 0;% '(5`#..( #< #. 2#*7#. '# .9# ,0/("5?G075#= '% J%?%. '5$50% :9( 7%0/C2 (2 .5 # 7+#$( '( /%'#. #. 7%5.#.= 1#/%. ( 7%0+(752(0/%.E X#'# 2#5. "6?57%= 8%*/#0/% l #..52 8(0.#$#2 %. .#0/%. ( 2<./57%. HH = '% :9( @9.7#* 0#. 1%*2#. ( #8#*G075#. '% 905$(*.% 1<.57% %. .50#5. '# 50/(03;% '5$50# :9( /9'% +#$5# 7*5#'%E ! 8*68*5% /(`/% '# F<@"5# (./> /;% *(8"(/% '( *(1(*G075#. # #052#5.= 8"#0/#.= 250(*#5.= 8#*/(. '% 7%*8% +92#0%= #75'(0/(. ?(%?*>157%.= 1(0V2(0%. #./*#5. ( 7"52>/57%.= (/7E= :9( .(2 #"?92 7%0+(752(0/% '# 0#/9*(B# 1<.57# .9# "(5/9*# .( /%*0# 7%28"(/#2(0/( %8#7#E X;% +#$5# ( 0;% +> 7%2% 19?5* '(./# 7%0./#/#3;% ("(2(0/#*^ % 905$(*.% (*# # 8*52(5*# '#. ]($("#34(.E \..# 50/953;% 0;% +#$5# (.7#8#'% #%. 8%$%. 8#?;%. '# -0/5?95'#'(= 79R#. 79"/9*#. .( (*?9(2 50/(5*#2(0/( (2 752# '( 8*%'5?5%.%. (.1%*3%. 8#*# #8*((0'(* #"?92# 2(0.#?(2 '5$50# 8%* /*>. '%. 1(0V2(0%. '# 0#/9*(B# /(**(./*( ( 7("(./( ( 1#B(* '# .%75('#'( 50/(5*# 92 2%'("% 76.257% (2 2505#/9*# L# @5@"5%?*#15# .%@*( 5..% C /;% #@90'#0/( :9( 0;% $%9 0(2 7%2(3#* # 75/>H"#QE -8(.#* '# 52(0.# $#*5('#'( '#. "50?9#?(0. .52@6"57#. :9( .( '(.(0$%"$(*#2 0#. 2#5. '5$(*.#. C8%7#. ( "9?#*(.= ("#. /%'#. %@('(7(2 # 92 7%0R90/% '( 8*507<85%. :9( 8(*25/(2 (./#@("(7(* 7%**(.8%0'G075#. (0/*( #. 7%07(834(. 7%.2%"6?57#. ( #0/*%8%"6?57#. '(..#. 75$5"5B#34(.E
=A
\..#. 7%07(834(. 1%*#2 #@.%*$5'#. ( #8(0#. "5?(5*#2(0/( *(2%'("#'#. 8("# \9*%8# 7*5./; 8#*# /%*0#*H.( $(<79"%. '( 92# 7%.2%$5.;% @<@"57#E - 8*50758#" 2%'5157#3;% 1%5 92 .(0.% 2#5. #89*#'% '# <0'%"( '5#"C/57# '% .52@%"5.2% 0#/9*#"= %0'( %. 1#/%. '# 0#/9*(B# 1<.57# R> 0;% #8#*(75#2 7%2% (`8*(..4(. '5*(/#. '# 8*(.(03# '5$50#= 7%2% 0% #0/5?% 79"/% '%. #./*%.= 2#. 7%2% 50'<75%. #0#"6?57%. :9( #% 2(.2% /(28% *($("#$#2 ( %79"/#$#2 (..# 8*(.(03# L(`8"5:9(5 92 8%97% '5..% 0% 2(9 "5$*% - n5#"C/57# M52@6"57#= M;% K#9"%= pH](#"5B#34(.= NOOyQE - 7%.2%"%?5# 2('5($#" 507%*8%*#$# % $("+% 2#8# 8"#0(/>*5% 8/%"(2#57%= 7%2 # f(**# 0% 7(0/*% ( #. $>*5#. (.1(*#. 8"#0(/>*5#. l 7%**(.8%0'(0/(. # '5./50/#. '52(0.4(. '# (`5./G075# l #1#./#0'%H.( #/C % A"/52% 7C9= 2%*#'# '( n(9.E W9( (..( 2#8# 0;% '($(..( .(* 50/(*8*(/#'% 7%2% 92 .528"(. *(/*#/% 2#/(*5#" '% 290'% 7("(./(= 8*%$#H% % 1#/% '( :9( ("( (*# 7%28(0.#'% '5#"(/57#2(0/( 8%* 92# 7%07(83;% %8%./#= 0# :9#" n(9. (./#$# 0% 7(0/*% ( # f(**# 0# (`/*(2# 8(*51(*5#E - /(0.;% (0/*( #. '9#. (.1(*#. 7%0'(0.#$# '( 92# 2#0(5*# #@*#0?(0/( %. 8#*#'%`%. '# (`5./G075# +92#0# 092 #2@5(0/( 0#/9*#" :9( (*# #% 2(.2% /(28% 92 /(28"% ( 92# 8*5.;%E $5.;% 2('5($#" '% 7C9 0;% (*# 92# 7%.2%?*#15#= 2#. 92# 7%.2%"%?5# l 92# 75G075# 50/(?*#" '% .5?05157#'% '# (`5./G075# '% +%2(2 0% 7%.2%.E - (7"%.;% '% '(@#/( +("5%7(0/*5.2% $(*.9. ?(%7(0/*5.2% @#5`%9 % 0<$(" '# 52#?50#3;% 8A@"57# 8#*# 92 7%01*%0/% (0/*( '9#. 7%07(834(. 89*#2(0/( 2#/(*5#5.= *%28(0'% # /(0.;% '5#"C/57# (0/*( #. '9#. (.1(*#. ( *(@#5`#0'% # 7%.2%"%?5# #% (./#'% '( 2(*# 7%.2%?*#15#E !. 8*%?*(..%. (`/*#%*'50>*5%. '(./# A"/52# .(*$5*#2 8#*# 2#.7#*#* % 1#/% '( :9( # 2%'(*05'#'( #..52 50#9?9*#'# 157%9 /%/#"2(0/( '(.8*%$5'# '( 92# 7%.2%"%?5# .52@6"57#= 0;% +#$(0'% #/C +%R( 0(0+92 2(5% '( #*/579"#* # $5.;% 2#/(*5#"H 75(0/<157# '% 905$(*.% 7%2 %. 7%0+(752(0/%. '( %*'(2 (.85*5/9#"^ (..#. '9#. '52(0.4(. 8#5*#2 92# .%@*( # %9/*# .(2 R#2#5. 50/(*8(0(/*#*H.(= 7%2% >?9# ( 6"(% 092 7%8%= '( /(28%. (2 /(28%. *(..9*?50'%= .%@ 1%*2#. $#*5#'#.= % c7%01"5/% (0/*( 75G075# ( *("5?5;%d= %9 c(0/*( *#B;% ( 1Cd= % :9#"= 0(..(. /(*2%.= .6 8%'( .(* #8#B5?9#'% 2('5#0/( #**#0R%. 7%0$(075%0#5. '( 1*%0/(5*#.= /;% #*/51575#5. ( 50./>$(5. :9#0/% :9#":9(* /*#/#'% '58"%2>/57%E ! :9( (*# /(0.;% '5#"C/57# /%*0%9H.( 92 '9#"5.2% (./>/57%= 7%2% 092# ?9(**# '( 8%.534(. (0/*( (`C*75/%. 52%@5"5B#'%. 7#'# 92 0#
==
.9# /*507+(5*#E f#"$(B % /*#3% 2#5. 7#*#7/(*<./57% '# 2%'(*05'#'( .(R# 8*(75.#2(0/( # 7%(`5./G075# (0(*$#0/( (0/*( 92# 75G075# .(2 (.85*5/9#"5'#'( ( 92# (.85*5/9#"5'#'( .(2 @#.( 0#/9*#"E K#*# 85%*#* #50'# 2#5. #. 7%5.#.= # *98/9*# (0/*( #. '9#. '52(0.4(. 0;% .( '(9 .6 0% '%2<05% '# 7%.2%"%?5#= 2#. /#2@C2 0# 2(/#1<.57# ( 0# ?0%.(%"%?5#= %0'( ](0C n(.7#*/(.= *%28(0'% 7%2 # #0/5?# $5.;% #*5./%/C"57%H(.7%">./57# '% .(* +92#0% 7%2% .<0/(.( 50'5..%"A$(" '( 7%*8% ( #"2#= (*?9(9 92 29*% '( .(8#*#3;% (0/*( 2#/C*5# ( (.8<*5/%= 1#B(0'% '("(. .9@./U075#. +(/(*%?G0(#. ( 507%29057>$(5.E e#"?*#'% #. 50A2(*#. 7%0/(./#34(. ( 7%**(34(. :9( .%1*(9= % '9#"5.2% 7#*/(.5#0% #7#@%9 8%* '(5/#* *#$(5.= 7%0+(75'%. 8("# 75G075# 1<.57#= ( %. 89*#2(0/( 8(0.#'%.= 8#*# 0;% '5B(* 52#?50>*5%. l "(5.= 50./5/9534(.= $#"%*(.= %@*#. '( #*/(= % 290'% 8*%8*5#2(0/( +92#0%E n%. 8*52(5*%.= .6 % :9( .( 8%'5# .#@(* (*#2 #. .9#. 8*%8*5('#'(. 2(0.9*>$(5.= .(0'% 8*%5@5'% :9(*(* '(.7%@*5* 0("(. #"?92 .5?05157#'% %9 50/(03;%E !. .(?90'%. (*#2 *(8"(/%. '( .5?05157#'%= 2#. .6 (`5./5#2 7%2% 8(0.#2(0/%.= 7%2% c7%0./*934(. 79"/9*#5.d .(2 0(0+92 190'#2(0/% 0# *(#"5'#'(E K%* 2#5. %@$5#2(0/( '#0%.# D 7%.2%$5.;% 7*5./; :9( 1%..(2 (..#. 5'(5#.= ("#. 1%*#2 *#85'#2(0/( #..525"#'#. 8("# 50/("(7/9#"5'#'( 7#/6"57#E n9*#0/( /%'% % .C79"% hI,,, % 7#*/(.5#05.2% 1%5 # '%9/*50# '%250#0/( 0%. .(250>*5%. '# b*#03#E -. 7+#2#'#. c+(*(.5#. 2%'(*05./#.d #50'# 0;% +#$5#2 .9*?5'%= 2#. # +(?(2%05# 50/("(7/9#" 7*5./; (./#$# 8(*'5'#E ](0'(9H.( 8*#/57#2(0/( .(2 "9/#E )%2(3#$# 92# (*# 0# :9#" 92# #"2# 7*5./; 0;% /(*5# #"/(*0#/5$# (`7(/% #2%"'#*H.( D 2(0/#"5'#'( 2%'(*0# %9 (.@*#$(R#* (2 $;% 7%0/*# % :9( 0;% 8%'5# $(07(* l #. '9#. #/5/9'(. :9( #/C +%R( 7#*#7/(*5B#2 *(.8(7/5$#2(0/( %. c2%'(*05./#.d ( %. c/*#'575%0#"5./#.dE - 8> '( 7#" 1%5 "#03#'# 8%* ,22#09(" i#0/= :9#0'% 7#$%9 92 #@5.2% 50/*#0.8%0<$(" (0/*( c7%0+(752(0/%d ( c1Cd= (01#/5B#0'% # #9/%*5'#'( 905$(*.#" '% 8*52(5*% ( /*#07#15#0'% # .(?90'# 0% *(750/% 1(7+#'% '#. 2(*#. 8*(1(*G075#. ( 1#0/#.5#. 8#*/579"#*(. l 92# '%9/*50# :9( .( /%*0%9 # @#.( 0;% .6 '% 8%.5/5$5.2%
=E
75(0/<157% #50'# 528(*#0/( 0#. 905$(*.5'#'(. (2 ?(*#"= 2#. /#2@C2 '( /%'% % c\./#'% "#57%d 2%'(*0%= %0'( 0;% +> '51(*(03# "(?#" (0/*( 7*(* (2 n(9.= (2 '9(0'(.= (2 (`/*#/(**(./*(.= 0#. $5*/9'(. (.85*5/9#5. '#. '*%?#. #"97506?(0#. %9 0# @%0'#'( '( M#/#0>.E ,, )%0'(0#* # 7%.2%"%?5# 2('5($#" 8%*:9( (2 #"?90. 8%0/%. ("# 0;% 7%5075'( 7%2 %. c1#/%. %@.(*$>$(5. '% 290'% 1<.57%d C /;% (./A85'% :9#0/% 7%0'(0#* 92 '(.(0+% 8%* 0;% +#$(* 7%**(.8%0'G075# @590<$%7# (0/*( %. /*#3%. # ">85. ( #. 2%"C79"#. :9( 7%284(2 % %@R(/% *(/*#/#'%E \./*9/9*#. *(8*(.(0/#/5$#. #@*#0?(0/(. .6 8%'(2 .(* 7%28*((0'5'#. ( R9"?#'#. 7%2% /%/#"5'#'(.E ! 15.57#"5.2% 50?G09%= #8(?#0'%H.( #%. '(/#"+(. 2#5. $5.<$(5.= '(5`# .(28*( (.7#8#* % (..(075#"E - b<.57# '( -*5./6/("(. 1%5 *(R(5/#'# 0% 50<75% '# 2%'(*05'#'( 8%*:9( '5B5# :9( #. 6*@5/#. '%. 8"#0(/#. (*#2 75*79"#*(. ( 8%*:9( .9# (`8"57#3;% '# :9('# '%. 7%*8%. 0;% 7%5075'5# 7%2 # '( g#"5"(9E M6 0% .C79"% hh % 290'% #7#'G257% (0/(0'(9 :9(= *(/5*#'#. (..#. 259'(B#.= % $#"%* '# %@*# 8(*.5./5# 50/#7/% R9./#2(0/( 8%*:9( 0;% (*# 92# c1<.57#d 0% .(0/5'% 2%'(*0% '% /(*2% ( .52 92# 2(/%'%"%?5# ?(*#" '#. 75G075#.E W9#/*% .C79"%. '( %*?9"+%.#. 7*(/5057(. 75(0/<157#. +#$5#2 /%*0#'% 507%28*((0.<$(" 92 /(`/% 7%2 % :9#" #50'# .( 8%'( #8*(0'(* 295/# 7%5.# L$E #. #/#. '% 7%0?*(..% '# S0(.7% K(0.(* #$(7 -*5./%/(= %*?E eE -E M50#7(9*= f%9"%9.(E p*€.= TYYTQE f%'# # .52@6"57# 0#/9*#" '# :9#" % 7*5./5#05.2% .6 8%'( 8*(.750'5* (2 8*(R9*5#.= 92# 7%07(83;% 7%.2%H#0/*%8%"6?57# (0%*2(2(0/( 7%28"(`# ( .9/5"E \`8("5'% '% 905$(*.% 50/("(7/9#" *(.8(5/>$("= % .52@%"5.2% 0#/9*#" .6 .%@*($5$(9 7%2% 1%*0(7('%* %7#.5%0#" '( 15?9*#. '( "50?9#?(2 7%2 :9( %. 8%(/#. .(0/52(0/#5. '# 2%'(*05'#'(= 7#*(0/(. '( /%'# 7%28*((0.;% (.85*5/9#" ( (`/#.5#'%. 0# 7%0/(28"#3;% '% 8*68*5% 92@5?%= 8*%R(/#$#2 0#. 1%*2#. '# 0#/9*(B# $5.<$(" #. .9#. (2%34(B50+#.E g(%*?(. F(*0#0%. (.7*($(9 (2 Ju,28%./9*( #"?92#. 8>?50#. '($#./#'%*#. 7%0/*# (..( (28%@*(752(0/% '% 52#?50>*5% 2%'(*0%E
=F
!. (./9'5%.%. :9( 7%0.(*$#*#2 % 50/(*(..( 8("% $("+% /(2# /%*0#*#2H.( (.:95.5/4(. 2#*?50#"5B#'%. 0;% .6 8("# 7"#..( 905$(*.5/>*5# 7%2% /#2@C2 8("# 8*68*5# 50/("(7/9#"5'#'( 7#/6"57#= 2#5. 50/(*(..#'# (2 1#B(* @%# 15?9*# #0/( % 15.57#"5.2% #7#'G257% '% :9( (2 '(1(0'(* % 8#/*52V05% .52@6"57% '# *("5?5;%E S2# %@*# 0%/#@5"<..52# 7%2% J( F(./5#5*( '9 )+*5./E J# ea./C*5(9.( \2@"C2#/5:9( '( mC.9.H)+*5./= F*9?(.= n(.7"C( '( F*%9[(*= TYrOQ= (2 :9( % #*:95/(/% J%95. )+#*@%00(#9HJ#..#a 1%5 '( 5?*(R# (2 5?*(R# 7%85#0'% ( (`8"57#0'% 7#'# .<2@%"% #052#" '( X%..% M(0+%* m(.9. )*5./% 0# #*:95/(/9*# .#7*# 2('5($#"= 8#..%9 :9#.( '(.8(*7(@5'# '%. 2(5%. 7#/6"57%. L2#.= 7%2% $(*(2%. #'5#0/(= 1%5 295/% $#"%*5B#'# 8%* #9/%*(. 2939"2#0%.QE e(.2% (.7*5/%*(. :9( 7%28*((0'5#2 # 7%.2%"%?5# 2('5($#" .6 %9.#$#2 1#"#* '("# (2 /(*2%. '( $#"%* (./C/57%= #% 2(.2% /(28% :9( %1(*(75#2 #. ?(091"(`4(. '( 8*#`( #0/( # #9/%*5'#'( '% 15.57#"5.2% #7#'G257%E S2 (`(28"% 7#*#7/(*<./57% 1%5 )E ME J([5.= :9( 2%0/%9 % ('51<75% '#. .9#. )*V057#. '( X#*05# .%@*( % 2%'("% '( 92# (.7#"#'# (.85*5/9#" 8("#. .(/( (.1(*#. 8"#0(/>*5#. 2#. 2#0/($( (..# 7+#$( .52@6"57# 795'#'%.#2(0/( (.7%0'5'# #/C :9( ("# 1%..( '(.7%@(*/#= #86. # 2%*/( '% #9/%*= 8("% (*9'5/% e57+#(" Z#*' L$E K"#0(/ X#*05#E f+( M($(0 j(#$(0. 50 /+( ,2#?50#/5%0 %1 )E ME J([5.= !`1%*' S05$(*.5/a K*(..= NOOoQ^ cM(?950'%H.( D .9# 7%0$(*.;% HH (.7*($( Z#*' HH= J([5. 0#/9*#"2(0/( 7%0.5'(*#$# #. *("5?54(. 8#?;. 2(0%. $(*'#'(5*#. '% :9( % 7*5./5#05.2%= 2#.= %"+#0'%H#. .(2 *(1(*G075# D $(*'#'(= .(0/5# :9( ("#. 8%..9<#2 92# @("(B# .98(*5%*E - @("(B# ( # $(*'#'( 8%'5#2 ( '($5#2 .(* '5./50?95'#. 92# '# %9/*#= ( #2@#. '# @%0'#'(Ed LKE NyEQ X;% '(5`# '( .(* 92# 5*%05# :9(= *(./#9*#0'% 0# #*/( R9./#2(0/( #:9("(. ("(2(0/%. '# .52@6"57# 8#?; :9( # 79"/9*# '# \9*%8# 2('5($#" +#$5# #@.%*$5'% ( 7*5./5#05B#'%= J([5. #% 2(.2% /(28% .( %89.(..( /;% 1*%0/#"2(0/( D '%9/*50# (.7%">./57# .(?90'% # :9#" % @("%= % $(*'#'(5*% ( % @%2 l S092= I(*92= F%092= 0# 16*29"# '( n90. M7%/ l (*#2 (..(075#"2(0/( # 2(.2# 7%5.#E - /525'(B 7*5./; #0/( %. '%?2#. '# 2%'(*05'#'( 7+(?# # .(* %@.7(0#E ! 15"6.%1% 7#"$505./# +%"#0'G. j(*2#0 n%%a([((*' l 0% 2#5.= 92 8(0.#'%* '( 8*52(5*# ?*#0'(B# HH 1%5 92 8%97% #"C2 '# /525'(BE
=G
-"(?#0'% :9( # '5#"C/57# +(?("5#0# '( /(.(= #0/(.( ( .<0/(.( .6 .( #8"57# D. 7%5.#. *("#/5$#.= ( :9( /;% "%?% (0/*#2%. 0% '%2<05% '% #@.%"9/% % :9( $5?%*# C % #0/#?%05.2% 5**(7%**<$(" ( # 0(7(..5'#'( '# (.7%"+#= ("( 7%0'(0# # 15"%.%15# (.7%">./57# l 8%*/#0/% # 7%.2%"%?5# 2('5($#" 50/(5*# l 8%* 0;% /(* @#05'% 7%28"(/#2(0/( %. *(.<'9%. 79"/9*#5. '% 8#?#05.2% L(`5?G075# 528%..<$(" :9(= C 7"#*%= % 8*68*5% 7#"$505.2% /#2@C2 0;% 7928*59QE X(..( 8#0%*#2#= 0;% (./*#0+# :9( % 8#/*52V05% .52@6"57% '(.8*(B#'% ( $#**5'% 8#*# @#5`% '% /#8(/( 1%..( *#85'#2(0/( 7%"+5'% 8%* 50/("(7/9#5. 2939"2#0%. 50/(*(..#'%.= .52= 092# *(./#9*#3;% '# 79"/9*# 7*5./; /*#'575%0#"= 2#. .%@ % ?95#2(0/% ( 7%0/*%"( .9/5"EEE '( %*?#05B#34(. (.%/C*57#. 5."U257#.E X50?9C2= #@.%"9/#2(0/( 050?9C2 0# \9*%8# 7*5./; '(.'( % .C79"% hI, '%250%9 ( (`8"57%9 /;% 2#?5./*#"2(0/( % .52@%"5.2% (.85*5/9#" 7*5./;% ( '(2%0./*%9 /;% $#"(0/(2(0/( % .(9 $#"%* 7%?05/5$%= ( 0;% .6 (./C/57%= 7%2% % 15B(*#2 ](0C g9C0%0= b*5/+R%1 M7+9%0= f5/9. F9*7k+#*'/= m(#0 F%*(""# ( %9/*%. #9/%*(. 2(5% 528*%8*5#2(0/( 7+#2#'%. c8(*(05#"5./#.dE f%'%. ("(. 2(2@*%. '( /#*5:#. l %*?#05B#34(. (.%/C*57#. 5."U257#. HH= ( (28(0+#'%. (2 #@*5* 0# '9*# 7#*#8#3# '% 15.57#"5.2% 2%'(*0% 92 *%2@% 8%* %0'( 89'(..( .( 50/*%'9B5* # 501"9G075# 50/("(7/9#" 5."U257# ( #$%"92#*H.( #/C D 7%0:95./# '# +(?(2%05#= 9.#0'% % /*#'575%0#"5.2% 7*5./;% 7%2% 1%*3# #9`5"5#*= 2#5. %9 2(0%. 7%2% m(.9.= 0# $(*.;% 5."U257# '% M(?90'% -'$(0/%= .(*> *(@#5`#'% # .(?90'%H0%H7%2#0'% '%. (`C*75/%. '% e#+'5E -9/%*(. 0;% '5*(/#2(0/( "5?#'%. #% (.%/(*5.2% 5."U257% :9( (`8"%*#*#2 % 2(.2% $(5%= 7%2% e#//+5"# g+ak#= -0#0'# iE )%%2#*#.[#2a ( e5*7(# \"5#'(= .(28*( 1%*#2 '($('%*(. 50/("(7/9#5. '%. c8(*(05#"5./#.dE M( +%R( (2 '5# # $("+# 7%.2%"%?5# *(#':95*( #%. 8%97%. % .(9 (./#/9/% '( 7%0+(752(0/% 8*%190'%= 0(7(..>*5% ( *(.8(5/>$("= 29"/58"57#0'%H.( (2 /%'#. #. 905$(*.5'#'(. '% 290'% 75$5"5B#'% %. (./9'%. # *(.8(5/%= 0;% +> 7%2% '(5`#* '( *(7%0+(7(* :9( 5..% 1%5 '($5'%= .%@*(/9'%= D %@*# '( g9C0%0= '( M7+9%0 ( '( .(9. .(?95'%*(.E c- 8('*# :9( %. 7%0./*9/%*(. *(R(5/#*#2 /%*0%9H.( # 7+#$( '( #@6@#'#d= 8*%1(/5B# # F<@"5#E - 8*%1(75# #50'# 0;% .( 7928*59 /%/#"2(0/(= 2#. C 6@$5% :9( .6 # *(./#9*#3;% '# 7%.2%"%?5# .52@6"57# 8%'( .(* # 7+#$( '( #@6@#'# 092# *(7%0./*93;% '# 79"/9*# 7*5./;E -8(0#.= %. 2939"2#0%. 8(*7(@(*#2 5..% #0/(. '%. 50/("(7/9#5. 7*5./;%. ( /*#/#*#2 '( 9/5"5B>H"% (2 8*%$(5/% 8*68*5%E