ࡱ>  ~`!CO, Ů tsX&Dl$60ZDCxڬQh'fwʒ]v}*ww ICt q(Y I(D _8"h |afEA /&0b̬W>}kArv+郉~?LL<<^_MNגwx]{*}o瓉?_Ծ~}~oDɏGXz͟~Gyxfٯ~~hjjJJoy;8:w͏?_ڣ䣽\7{_~׿:O_"|]ͽăO'o:~z_{{_}1NwW*y~w?75oCohI~ ۏ?󷧦x?Wk ~~?tÉ^Ufۃ^_}k?ݿW^-w~?<|կ~o-,|x{_;|?dNWWzO{~9ﵽyݻa? IlX=Vcu%fczlAWlmmVb숵X]+v&Sdl.g석>[60`/XX*&;e쒍ؘO[ fvz M{V&+2guvºn-d-d-,˳cUv̚5t` `[*5Xə`3^e6.+CVggM<[b9g;l1;evɮ٘f߬cklm;`G];69'[ev>;d'ـݲcYcêƚ씝K6bc6ɿH5ŶYk`Cvf߼clY:;a]g7eȿ'eYcdvήوʿ򏭰 JŽXY]!|&?&eevuـݰ %W?o?yOyys?7oflX=Vcu%fczlAWlmmVb숵X]+v&Sdl.g석>[60`/XX*&;e쒍ؘO[ fvz M{V&+2guvºn-d-d-,˳cUv̚5t` `[*5Xə`3^e6.+CVggM<[b9g;l1;evɮ٘f߬cklm;`G];69'[ev>;d'ـݲcYcêƚ씝K6bc6ɿH5ŶYk`Cvf߼clY:;a]g7eȿ'eYcdvήوʿ򏭰 JŽXY]!|&?&eevuـݰ -7iOSo^>oLT8o{Xc5vNY]k6f{f%vXbwl2y*KY}vNe-< eYkSv.وTũ`+lmmVaZ.ؐݱt`lm"+}Vg'ݲL&B&˲<+=VeǬ:]KM JŽXY]! 6;%[fl2;duvƺln#H%cyXSa욍YjV?66+vZ.csoNUΊlCvX -x,?e9V`;jN9d#6f[c[lUk 6dwlv^?6Y>e}vnY{"XY*;fMa욍X{* `[*5Xgclm]VfX X -OS?oN N}ܝzy4Λp -˳j옝dlR-> Jk vd*Tl"e쐝3gv&[x˲+Ve5d]`SVb۬XX]!c`*dEVfNX eLL%eyV`{ʎYu9f#6?[alXkbC69lv&K&eevuـݰGcK,l;f.5ԬlmmVb숵X]+v&ߜcl.g석>=,rvXXsvFl#?ƶ6`-cllm"+}Vg'ݲD,˳cUv̚5STXUk6+6d3ǖ:dY.6 [bݩ7(3Gϛyy4Λp -˳j옝dlR-> Jk vd*Tl"e쐝3gv&[x˲+Ve5d]`SVb۬XX]!c`*dEVfNX eLL%eyV`{ʎYu9f#6?[alXkbC69lv&K&eevuـݰGcK,l;f.5ԬlmmVb숵X]+v&ߜcl.g석>=,rvXXsvFl#?ƶ6`-cllm"+}Vg'ݲD,˳cUv̚5STXUk6+6d3ǖ:dY.6 [b?|g36yf޼z}޼ ۙp -˳j옝dlR-> Jk vd*Tl"e쐝3gv&[x˲+Ve5d]`SVb۬XX]!c`*dEVfNX eLL%eyV`{ʎYu9f#6?[alXkbC69lv&K&eevuـݰGcK,l;f.5ԬlmmVb숵X]+v&ߜcl.g석>=,rvXXsvFl#?ƶ6`-cllm"+}Vg'ݲD,˳cUv̚5STXUk6+6d3ǖ:dY.6 [b?y}Ͻy<Λs[b9g;l1;evɮ٘[|[cl;b-fݱT`/*[gE!;agM< 0 e9V`;jN9d#6fS5ŶYk`Cvf-UɊY.v2` `K,X&svF,5l~:+6+ ;b f=vņlr&LlMa#ǖXc5vNY]k6fY7+`۬k6`WMɿ9V:+] ;c}6`l{,XX*&;e쒍ؘG/lmmVaZ.ؐݱy7/*dEVfNX e'cYgǪ5Yk6bc+lm#`mcWl&ɿg-uvY:;c]6`7lbA-?r >/_Fo7yu3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3ߌ7#H3/7OO>oyyΛ'[b9g;l1;evɮ٘[|[cl;b-fݱT`/*[gE!;agM< 0 e9V`;jN9d#6fS5ŶYk`Cvf-UɊY.v2` `K,X&svF,5l~:+6+ ;b f=vņlr&LlMa#ǖXc5vNY]k6fY7+`۬k6`WMɿ9V:+] ;c}6`l{,XX*&;e쒍ؘG/lmmVaZ.ؐݱy7/*dEVfNX e'cYgǪ5Yk6bc+lm#`mcWl&ɿg-uvY:;c]6`7lbA-?r '?oųxy/y9Λ\>o{Xc5vNY]k6f{f%vXbwl2y*KY}vNe-< eYkSv.وTũ`+lmmVaZ.ؐݱt`lm"+}Vg'ݲL&B&˲<+=VeǬ:]KM JŽXY]! 6;%[fl2;duvƺln#H%cyXSa욍YjV?66+vZ.csoNUΊlCvX -x,?e9V`;jN9d#6f[c[lUk 6dwlv^?6Y>e}vnY{"XY*;fMa욍X{* `[*5Xgclm]VfX X -_ Jk vd*Tl"e쐝3gv&[x˲+Ve5d]`SVb۬XX]!c`*dEVfNX eLL%eyV`{ʎYu9f#6?[alXkbC69lv&K&eevuـݰGcK,l;f.5ԬlmmVb숵X]+v&ߜcl.g석>=,rvXXsvFl#?ƶ6`-cllm"+}Vg'ݲD,˳cUv̚5STXUk6+6d3ǖ:dY.6 [b}?o7WϛYyΛ^%cyXSa욍YA^5Y#bmvL{ uVdlvln` `Ycêƚ씝K6bc6?lq* [c[lUk 6dwl6y:2[el >a, IJ, lU1k;glR槃b+lm#`mcWl&g{ɖ:dY.6H=lX=Vcu%fc򏭱 Jk vl"e쐝3gv&˿eYkSv.و|$"fvz 򏭲MVdeuYݰ[y"?eyV`{ʎYu9f#z*?6+ ;b f=vņl{&2[gl!3ev&߂cK,ϿxpOϛyu3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3ߌ7cX3Ÿ?o>O}y3Wϛy3y8o{Xc5vNY]k6f{f%vXbwl2y*KY}vNe-< eYkSv.وTũ`+lmmVaZ.ؐݱt`lm"+}Vg'ݲL&B&˲<+=VeǬ:]KM JŽXY]! 6;%[fl2;duvƺln#H%cyXSa욍YjV?66+vZ.csoNUΊlCvX -x,?e9V`;jN9d#6f[c[lUk 6dwlv^?6Y>e}vnY{"XY*;fMa욍X{* `[*5Xgclm]VfX X -B7o~Ἱe8o{Xc5vNY]k6f{f%vXbwl2y*KY}vNe-< eYkSv.وTũ`+lmmVaZ.ؐݱt`lm"+}Vg'ݲL&B&˲<+=VeǬ:]KM JŽXY]! 6;%[fl2;duvƺln#H%cyXSa욍YjV?66+vZ.csoNUΊlCvX -x,?e9V`;jN9d#6f[c[lUk 6dwlv^?6Y>e}vnY{"XY*;fMa욍X{* `[*5Xgclm]VfX X -o~‡|k7ϛZͫTX*&;e쒍ؘO[ fvz `lm"+}Vg'ݲO-$˲<+=VeǬ:]K=6 +6+ ;b f=vņl2l6%[fl2;duvƺlnCs^%cyXSa욍Y*oj1u[cly;b-fݱt`/*[gE!;agM׌K-x=,rvXX׷M(vFlߴcklm ;` b=vzݴ3򏭲MVdeuYݼzmH=,X&svF,CȿYVb%VaGڬǮؐMz9$wdY.6X=lX=Vcu%fc~~;k vl"e쐝3gv&?eYkSv.وST5ŶYk`Cvfɿg򏭲MVdeuYݰ[H eYcdvήو>?6+ ;b f=vņl՟Xe6.+CVggM|">lX=Vcu%fcz.=WlmmVb숵X]+v&??Y}vNeӇ~, lUY5);gll3cklm ;` b=v.ʿEV&+2guvºn-CcYgǪ5Yk6b/򏭰 JŽXY]!fl}6.+CVgge ~`zs0g WѽT3, lUY5);gl,̙JSaTZaklm ;` b=v쎅9Si*̙JSlm"+}Vg'ݲ0g*M9SijeYcdvήو9S[b+lm#`mcWlœ)٭TlMaaΔ`/˱lMaaΔ'-˳j옝dlœ)?66+vZ.caΔQ?Y}vNeaΔQcYcêƚ씝K6bcLn}&b۬XX]!caΔ֢clY:;a]g7 SaΔQ,X&svF,̙BXUk6+6daΔ֗-3ƩM sLn9S7L*Ʉ9S'e9V`;jN9d#6faɄ9S'fvz  sN&̙:e6Y>e}vnY3u2a,,˳cUv̚50gJvAWlm-Vbvz Y3% -uvY:;c]6`7,̙z[b9g;l1;evɮ٘9SrGM{f%vXbw,̙;*%[ev>;d'ـݲ0gJcYcêƚ씝K6bcLnM?ƶ6`-clX3%5#*dEVfNX eaΔ#Dz, lU1k;glœ)٭YVb%VaGڬǮؐ9S[s-uvY:;c]6`7,̙z,˱[L5^,˱aUVcMv%1 sd>lmmVaZ.ؐݱ0gJvkQUɊY.v˾{0gJ(eyV`{ʎYu9f#Ln}! `[*5XI'LŖw;vY:;cazo soΙ\3^q.̙sYcêƚ씝K6bcLŹ0g*έ5ŶYk`Cvœ8LŹe6Y>e}vnY3œ8IJ, lU1k;glœ)٭^XUk6+6daΔV*K&eevuـݰ0gJvalX=Vcu%fcL5[cl;b-fݱ0gJtl"e쐝3gvœ)2eYkSv.وY3%5-b۬XX]!caΔ֌clY:;a]g7얅9S[˲<+=VeǬ:] sdf[alXkbCLn?&eevuـݰ0gJvcK,l;f.50gJH5Y#bmv s䎚l"e쐝3gvœ)?e9V`;jN9d#6faΔSfvz  sd?6Y>e}vnY3% XY*;fMa욍X3%c+lm#`mcWlœ)٭[fl2;duvƺlnX3%cK,l;f.5׷sd`۬k6`W쎅9SrG}**[gE!;agMx0gJveYkSv.وY3%cklm ;` b=v쎅9S[򏭲MVdeuYݰvQ[^heYcdvήو9S[_?6+ ;b f=vņ,̙/[şeev쌅9s?_a0g W>̙ZQX*&;e쒍ؘ9S+ sVfvz  sVLhMVdeuYݰ[L(̙Z˲<+=VeǬ:] sd{Vb%VaGڬǮؐ9S[`/2[gl!3evœ)٭^%cyXSa욍Y3%wTWlmmVb숵X]+vœ)^UΊlCvX - s?e9V`;jN9d#6faΔִcklm ;` b=v쎅9S[3򏭲MVdeuYݰ[Ln=,X&svF,̙ݚlm-Vbvz Y3%5'2[gl!3evœ)٭-˳j옝dlœ)"f%vXbw,̙;j^UΊlCvX - sz"XX*&;e쒍ؘ9S[O[c[lUk 6dw,̙z&*dEVfNX eaΔւcYgǪ5Yk6baΔG򏭰 JŽXY]! sd>lMaaΔ'-˳j옝dlœ)?66+vZ.caΔQ?Y}vNeaΔQcYcêƚ씝K6bcLn}&b۬XX]!caΔ֢clY:;a]g7}aΔQ,X&svF,̙BXUk6+6d^0̙;-^p2;duvœD9ӟ?|Oޜ30g Wѽ0g?ɲ+Ve5d]0g? sƶ6`-clX392[el >a,̙OœideYcdvήو9S[b+lm#`mcWlœ)٭TlMaaΔ`/˱;d'ـݲ0gJX,˱aUVcMv%1 sd>lmmVaZ.ؐݱ0gJvkQUɊY.vœ)٭˲<+=VeǬ:] sdlm-Vbvz Y3%clm]VfX3(}3Op⛷_}o?_xO_woL~ͧgc~11_ϫ{$W_%0z={?L|3a}p﫯W?M2y}|0'58??5a$7>z.O4?ٿ5O??Im.ߛiꏧ/3_fNfw꟦'<><~c?.̟%f<~}fzs:M__F<'n'ӿ;HB>K>)?o23|f~?/Կw$J~V ͏dX5VnMVOww>?>{K3?{}bw.^cw'gsV^cG~3'3~x͙Lq0N߽cdenR~g{{,<|;3/ ;xIMd:Y,ݘZȬMT&1kL/Xc92]N_wnF15Β5v[#O߾s\ȼodj]k\&k2~t{:Y~p1ӻÙw/3ՙLk,<߻iFѻh&koٓw2[wd%kTf߷Q99563s?F{v;M߳ƫߨǕ?F-32X83iDZkd3GQ5~k/O؝d(<'kn:}k5j\:YkTӋOߵFi7鏯}vnc$gOߗgggs kt5 Z4Ycg}_ңw}=>:I߳F?}R1H_|"sя23Q?>O~L~:.fODfO㫩Lk\Ltk\M]/ӯ>{R^}k<_O߹b9{o|߼}۩oߦ0H}_jPz|J?4Oo^ܿg~]s}^o{8szoͫ^7t۩S7]v'[{*7H_~k_oDo;ko_EN}NTҽ(Lݫ&ZiޭJtb_ZUx*"&cU 5_05 a`VwsF!ܵ\`}0 >;oZkr.Evئ}ܱ?8\e1zs[fY+U'fؗtx_!1q5 jdPx/Y~ےr7\J:>̜%j1h|NoӟռӰov1 io)QQ  GkEoBk}hA`tP@$ &A+yy~U]ï/b[؏JXyqwh#zΣqGşbGѷ{Oi2tgX_l=~L{w)to=oc¯$o׷+yO{}sc~:W_gzzVwEo?__?~Y}UxWgyO??9:?_/G?g/c?rM~'w~pxMzo'?ǫ~~D߯O+;~(g?<7}գʯ-e׶ev,NJn؀ٌ`R, źٔ=`6}`Iagj:؄Xl+V`igEVe vn-%[vY`uvźlق== vĒ석sVcÆي v,ªͮـݲ[gς}d,NY]b}6bS`v}`G,NX&d=6d6g\!K+ k6a6f3f{,ŲʬZMx/%Y&cbRXYY55al̖l;evuوݳ{`{qKvY];6g+Z^K˳ 6fvfl6c,NY]b}6bS`o#a'Y] ؾ;d?7_>_>ѧp9|7Cf9Vd`mvlfl6{$GbYV`eVg-e}vϦml{K ;c%VcMa=v&lb[K<+*kkvn٘-ٚŷvR+e#v= i#d'쌝d6dwlVlg'NC`9gVemvؒm> #;fYv삵 ;bvJ5%!9=׿YXUX 15ӿ=c)eVfub]gl {,2쌕X5YԿ,Ȫ ecdk)+ VgWF-ۋ_\X3vjuؐݱ9[ZXXUX5KF;fYv삵xo ;a%vΚؐM؜o_!Ko>ޜ<~Ǜ?t776fv,NJn؀ٌ`R, źٔ=`6}`Iagj:؄Xl+V`igEVe vn-%[vY`uvźlق== vĒ석sVcÆي v,ªͮـݲ[gς}d,NY]b}6bS`v}`G,NX&d=6d6g\!K+ k6a6f3f{,ŲʬZMx/%Y&cbRXYY55al̖l;evuوݳ{`{qKvY];6g+Z^K˳ 6fvfl6c,NY]b}6bS`o#a'Y] ؾ;dǛ߿ofj;ofv,NJn؀ٌ`R, źٔ=`6}`Iagj:؄Xl+V`igEVe vn-%[vY`uvźlق== vĒ석sVcÆي v,ªͮـݲ[gς}d,NY]b}6bS`v}`G,NX&d=6d6g\!K+ k6a6f3f{,ŲʬZMx/%Y&cbRXYY55al̖l;evuوݳ{`{qKvY];6g+Z^K˳ 6fvfl6c,NY]b}6bS`o#a'Y] ؾ;dfcg>o}l`쐥YY5Xݰ['? XXYuYݳ){`m,XXuXݱ [V`,,ϊݰ[6fKf`ﷃ;evuوݳ{`{O{% ;c.Y  %XYUY]e3dςşȎY2`-vlĦl6vX;gMvzl&lbCf9Vd`mvlfl6oOXeYYX=B^K ;c%VcMa=v&lb/K<+*kkvn٘-ٚ_+c)v g ?d'쌝d6dwlVl?`9gVemvؒmѿ7ǎY2`-vlĦl6[cG,NX&d=6d6g}?vѣo_~v?~n7o`쐥YY5Xݰ['? XXYuYݳ){`m,XXuXݱ [V`,,ϊݰ[6fKf`ﷃ;evuوݳ{`{O{% ;c.Y  %XYUY]e3dςşȎY2`-vlĦl6vX;gMvzl&lbCf9Vd`mvlfl6oOXeYYX=B^K ;c%VcMa=v&lb/K<+*kkvn٘-ٚ_+c)v g ?d'쌝d6dwlVl?`9gVemvؒmѿ7ǎY2`-vlĦl6[cG,NX&d=6d6g}?vw/&߽?t,e/Cf9Vd`mvlfl6{$GbYV`eVg-e}vϦml{K ;c%VcMa=v&lb[K<+*kkvn٘-ٚŷvR+e#v= i#d'쌝d6dwlVlg'NC`9gVemvؒm> #;fYv삵 ;bvJ5%!9=׿YXUX 15ӿ=c)eVfub]gl {,2쌕X5YԿ,Ȫ ecdk)+ VgWF-ۋ_\X3vjuؐݱ9[ZXXUX5KF;fYv삵xo ;a%vΚؐM؜o_!KG&7>o fv,NJn؀ٌ`R, źٔ=`6}`Iagj:؄Xl+V`igEVe vn-%[vY`uvźlق== vĒ석sVcÆي v,ªͮـݲ[gς}d,NY]b}6bS`v}`G,NX&d=6d6g\!K+ k6a6f3f{,ŲʬZMx/%Y&cbRXYY55al̖l;evuوݳ{`{qKvY];6g+Z^K˳ 6fvfl6c,NY]b}6bS`o#a'Y] ؾ;d?|?=yx?~u߼~7Cf9Vd`mvlfl6{$GbYV`eVg-e}vϦml{K ;c%VcMa=v&lb[K<+*kkvn٘-ٚŷvR+e#v= i#d'쌝d6dwlVlg'NC`9gVemvؒm> #;fYv삵 ;bvJ5%!9=׿YXUX 15ӿ=c)eVfub]gl {,2쌕X5YԿ,Ȫ ecdk)+ VgWF-ۋ_\X3vjuؐݱ9[ZXXUX5KF;fYv삵xo ;a%vΚؐM؜o_!Ko~Ϳ~O~s6o;`,r* ؘؚm> I,ŲʬZM n3dvJƚzM؊Ŷo;` fyVdU`ݲ1[5o{옥)+ VgWF-{`G,N;g5v:l؜N`,r,* -%|,,Gv̲씕k+g#6e lo7v2섕9kKcC6as{4˱"k6`c6ck{R, źٔ=BXe+k;6a+{/%XYUY]vl,J^KSV`ήX=[׿$;ag%!csb;˱<*kk6`lƖl?v̲씕k+g#6e V;bvJ5%!9߾C߿&oW?tyU<*o;`,r* ؘؚm> I,ŲʬZM n3dvJƚzM؊Ŷo;` fyVdU`ݲ1[5o{옥)+ VgWF-{`G,N;g5v:l؜N`,r,* -%|,,Gv̲씕k+g#6e lo7v2섕9kKcC6as{4˱"k6`c6ck{R, źٔ=BXe+k;6a+{/%XYUY]vl,J^KSV`ήX=[׿$;ag%!csb;˱<*kk6`lƖl?v̲씕k+g#6e V;bvJ5%!9߾C~z&x=w?tY~7fv,NJn؀ٌ`R, źٔ=`6}`Iagj:؄Xl+V`igEVe vn-%[vY`uvźlق== vĒ석sVcÆي v,ªͮـݲ[gς}d,NY]b}6bS`v}`G,NX&d=6d6g\!K+ k6a6f3f{,ŲʬZMx/%Y&cbRXYY55al̖l;evuوݳ{`{qKvY];6g+Z^K˳ 6fvfl6c,NY]b}6bS`o#a'Y] ؾ;d?{Ϳz/_|Op4˱"k6`c6ck$'>˲+:k.{6elc3ػ`Xe+k;6a+ %XYUY]vl,vcb.X].{`liwO$;ag%!csb;;w˱<*kk6`lƖlY`1˲SVfŮXؔ-n`˰Vb.Y لY=?v,NJn؀ٌK,+2>gS6^ cIagj:؄X?`igEVe vn-%[+{,NY]:b]6bl^\ǒ석sVcÆيֿ,ªͮـݲ[7F1˲SVfŮXؔ-[{e +sddžl,Yz/'7~͍f~3p4˱"k6`c6ck$'>˲+:k.{6elc3ػ`Xe+k;6a+ %XYUY]vl,vcb.X].{`liwO$;ag%!csb;;w˱<*kk6`lƖlY`1˲SVfŮXؔ-n`˰Vb.Y لY=?v,NJn؀ٌK,+2>gS6^ cIagj:؄X?`igEVe vn-%[+{,NY]:b]6bl^\ǒ석sVcÆيֿ,ªͮـݲ[7F1˲SVfŮXؔ-[{e +sddžl,YtW7ǿx=o>~3M|7Cf9Vd`mvlfl6{$GbYV`eVg-e}vϦml{K ;c%VcMa=v&lb[K<+*kkvn٘-ٚŷvR+e#v= i#d'쌝d6dwlVlg'NC`9gVemvؒm> #;fYv삵 ;bvJ5%!9=׿YXUX 15ӿ=c)eVfub]gl {,2쌕X5YԿ,Ȫ ecdk)+ VgWF-ۋ_\X3vjuؐݱ9[ZXXUX5KF;fYv삵xo ;a%vΚؐM؜o_!K7߿O&̟|~9o}(?YOv~lGYXUX5K,#;fYv삵xlqe +sddžl,e/Cf9Vd`mvlfl6{$GbYV`eVg-e}vϦml{K ;c%VcMa=v&lb[K<+*kkvn٘-ٚ>y^1ONY]:b]6bl`;bIv9KaCvlvvoGXXUX5KL;fYv삵տ]cG,NX&d=6d6g\!K+ k6a6f3f{,ŲʬZMx/%Y&cbRXYY55al̖l2+e#v/,N;g5v:l؜k{,r,*z2`lƖl?v̲씕k+g#6e V;bvJ5%!0_Il_4˱"k6`c6ckc˲+:k.{6el+JXe+k;6a+DXYY55al̖l;evuوݳ{`{?տKvY];6g+},r,*ܲ[͟,;eevZوMقm׿ǎX;gMvzl&l7';??v,NJn؀ٌ/R, źٔ=ocIf|rJƚz.VO&ao}?ZmMYm}G>r+Q˭G-:d cyVaUflnٌ-Yأ[aZn}d,NY]b}6bS`aZn=j ;a%vΚؐM؜=*:/Cf9Vd`mvlfl {TtZ,ŲʬZM {r+Qi$˰3Vb5dcwlV,Q%XYUY]vl,Qim;f)v g S_% ;c.Y  {TtZ;,ªͮـݲ[GEL1˲SVfŮXؔ-XأZ˰Vb.Y لYأz쐥YY5Xݰ[GEWԞ˲+:k.{6elK ;c%VcMa=v&l]Q/%XYUY]vl,QiymcE.X].{`,Qi% ;c.Y  {TtZ^%XYUY5=ؒ=*:7ǎY2`-vlĦl ;a%vΚؐMoFuأ?v,NJn؀ٌYأ+R, źٔ= __1Qi$˰3Vb5dcwlV,Qc fyVdU`ݲ1[5 {TtZ61KSV`ήX=[~,N;g5v:l؜XأwYXUXN|tZlƖ,QiL1˲SVfŮXؔ-Xأze +sddžlw!K+ k6a6f3fa_K,+2>gS6aN%o?3Vb5dca7mwQ7Nأ£Wѣ {Tl'QC`9gVemvؒ=*Gv̲씕k+g#6e Nأb;˰Vb.Y لYأ2;dicEVa f7ll,QGER, źٔ=GvK ;c%VcMa=v&l]Q[XYY55al̖lvcb.X].{`,Qi= vĒ석sVcÆي=*:c cyVaUflnٌ-Yأze)+ bWFl,Qi;bvJ5%!9 {TtZ4˱"k6`c6ck?bYV`eVg-e}vϦ쁅=*^K ;c%VcMa=v&l]Q/%XYUY]vl,Qi?b^ {.X].{`,Qi% ;c.Y  {TtZ%XYUYyMe3daNce.X]>)[GEV˰Vb.Y لyGE쐥YY5Xݰ[GEWԏXXYuYݳ){`a%Y&cbaK4˳"f7얍ْYأz,NY]:b]6blXأ$;ag%!csbaNkc cyVaUfK۹e3daNgǎY2`-vlĦl{cG,NX&d=6d6gNأ+4˱"k6`c6ck˲+:k.{6e,Q$vXXuXݱ ]{䛝ݰGG^vأvC`9gVemvؒ=jo7Q{1˲SVfŮXؔ-Xأv ;a%vΚؐM؜=*:/Cf9Vd`mvlflXeYYX=ݰGEŒ,XXuXݱ [GEWV`igEVe vn-%[GE옥)+ VgWF- {TtZO$;ag%!csbaNkGXXUX5K贞;fYv삵 {TtZǎX;gMvzl&lsc,r* ؘؚ=*XXYuYݳ){`aǒ,XXuXݱ [GEWKc fyVdU`ݲ1[5 {TtZ)+ VgWF- {TtZqcIv9KaCvlkc cyVaUflnٌ-Yأze)+ bWFllk=*˰Vb.Y ]Q쐥YY5Xݰ[GEWԏXXYuYݳ){`a(%Y&cbaK4˳"f7얍ْYk\=*X`uvźlق=GEScIv9KaCvlvCأ+%XYUY]߼-% {TtZ??v̲씕k+g#6e ;bvJ5%!9/{TtECf9Vd`mvlfl]Q?bYV`eVg-e}vϦ쁅=*|,]Qj:io ڣ&}G=*ce.X]>)[GX;gMvzl&l֗!K+ k6a6f3fa=*:-bYV`eVg-e}vϦ쁅=*Xe+k;6a+ v,Ȫ ecdk贶;evuوݳ{`aNi#d'쌝d6dwlV,QiK˳ 6fvfl3c,NY]b}6bS`aNkW˰Vb.Y لYأz쐥YY5Xݰ[GEWԞ˲+:k.{6e,QBXe+k;6a+z,,ϊݰ[6fKfaN;evuوݳ{`aN+,N;g5v:l؜Xأz,r,* -% {TtZo,;eevZوMق=*:ǎX;gMvzl&l־Cf9Vd`mvlfl]Q??bYV`eVg-e}vϦ쁅=*?dvJƚzM؊=*~,,ϊݰ[6fKfaN;evuوݳ{`aNǒ석sVcÆي=*:%XYUY]3wfl,;eevZوMق=*:ǎX;gMvzl&lμ^أ+4˱"k6`c6ck˲+:k.{6e,Q$5XXuX=ߵG|s=eأ£O9ba:x,r,* -% {˰GȎY2`-vlĦlu2Q/?#a'Y] GEev,NJn؀ٌYأ^=*:-bYV`eVg-e}vϦ쁅=eأbIagj:؄Xأ+j+K4˳"f7얍ْYأvR+e#v쁅=*:X3vjuؐݱ9[GE,r,* -% {TtZ,;eevZوMق=*:]cG,NX&d=6d6gaNCf9Vd`mvlfl]Q{R, źٔ=GEW cIagj:؄Xأ+K<+*kkvn٘-ٚ=*:WR+e#v쁅=*:$;ag%!csbaN˱<*kk6`lƖ,Qi?v̲씕k+g#6e ;bvJ5%!9 {TtZYXUX 15 {TtEXXeYYX=JXe+k;6a+K<+*kkvn٘-ٚ=*:wR+e#v쁅=*:KvY];6g+贾?`9gVemvؒ=*:;fYv삵 {TtZ ;a%vΚؐM؜浹]Q쐥YY5Xݰ[GEW/XXYuYݳ){`a(+%ZJƚzMڣoQGGu{Q)[GEV˰Vb.Y لYأ?v,NJn؀ٌYأ+R, źٔ=GEWWǒ,XXuXݱ [GEWO%XYUY]vl,Qi?b.X].{`,QiTX3vjuؐݱ9[GE˱<*kk6`lƖ,QiL1˲SVfŮXؔ-Xأze +sddžl,Qi\!K+ k6a6f3fa_K,+2>gS]QK ;c%VcMa=O{Sؖ~x3&=*&QѫGou&Qou%XYUY]e3da:~71˲SVfŮXؔ-Xأ߄=v2섕9kKcC6as贾 vYXUX 15 {GER, źٔ=G {TtZ,2쌕X5Y {TtEm;` fyVdU`ݲ1[5 {TtZY`uvźlق=GE4KvY];6g+v%XYUY]e3daNce.X]>)[GEe +sddžl,Qi=?v,NJn؀ٌYأ+jOXeYYX=z,2쌕X5Y {TtE?`igEVe vn-%[GEJX`uvźlق=GE?d'쌝d6dwlV,Qi?`9gVemvؒ=*:7ǎY2`-vlĦl[cG,NX&d=6d6gaNk_!K+ k6a6f3faK,+2>gS]Q_K ;c%VcMa=v&l]Q??`igEVe vn-%[GENX`uvźlق=GEScIv9KaCvl,ªͮـݲ[GE3c,NY]b}6bS`aN#a'Y] GEsc,r* ؘؚ=*~,ŲʬZM {TtE},2쌕X5YXأ>Ma[ {ԏbz__EoqӷG_?blOџ,z{?7ycZ[>'GFoaG_vb7a'xzoc;z߾}I~Gc-~_}'نk3Vncoo|f˗<7n_l`{O'j>_~_o7vx?=/㓘̜3s&Lcq˕{K-k!ÚRHAw] ⦻.*)rKEJ ][TZ*|̓-- lt9ߙ3gF{K?#G)ؗMRܖ&'7i. yLs7;p( GCke/ڈ m |D ~a!Ac‹XQddmx੝;9~3~޴VKoӽ@(6Ү͆&B$X 화w&{c=I<挭G<% K?CSgQb6gl ^4-לAygli+2 \w`tE&ӌ933gt.vX0Ҡ{n]FYs9.32Ė-Xg}nLsnM9 ́(sFL{s~ق1{(|/STўKqi˂oXu` kuqg}+ϞE EkQt[ԅ3~{ /3de`G"xegl{eE;``6yٴ`Ȍ"1;n(33K,3*35X0Ƙ2Sv``n7{4g87gXH"S`(]MCcp < e# f‹-lygsAтql4y8Ctܷ`daws90ƄM!l kTS_j4iĪ/5#_Ğrނ%D&c>0rH3[-1AyłY%#;0|򢒕ӊʨܯ8M ;#--90D٨EmDh2jXc bMa ?Їh΂1/SM (\<|UOI[B{7'$՟L񥑯~ߩXcMD{pdC%izuc|drp}bΗ*FAZB0lK-4ѫ;%Tq9^)#OG\xgK,$} oje Jh-jKֲ8jXB+e4jȣKeڂQ@{ɞK5gKY4DRMnK77os ѵcvTE+sJt)Y2fD1dd7&Oi-@l6KDl/%nv؞Y^U:#MM!1b{#6O+ꖬ-If,0[U83Wl- KW\(]: h4Kz4q}?5+ ^͸ods? vw}cbOp4Aׁ} 6{}7{CDŤҠWxZ\eZMhZ\=M^ Al^lf?ykzO2UeVq)<&ʬb)LYDS(20QfeNa*&ʜDUL92(s eV1Q&ʬb)LYDS(2kuS*u#~`*&ʜDULY[R7%I+9%Vova+sV~Ol_}0U+}V}KJ+[uU癫Vl1'1._9q"W*;~k XW'PWR:^S_o~nʋͽ.ֿ@'x42x'qgldû.;efTW+}#b;`[SV^=.o{[6%[WC^=lGOhuVTGj.^=R'ޏY71;^Ì11yQܓ5=ɂW{Ss &{s٨ȿyw1޲ 6@oVcT 7VG%~;#sޟo3)7d~ܙ8䍭`lE ._i=zVY|7=7{pѝܽl]mɯY`!0l~{:$"l"l$60ZDkxڬAH˨QFM۞ufkpn22d@vnEӐ;Cga<Fr~6ۙ7R?~!_[_W~_₩?\_O?7}Ge|~zQ&?~>1;SׯoO~O63_I?k/r˟5Gϛ_4Rso~/'?o7Z'__mnw/~?l~/?^mWތ_E?G_Z?_M_z2&U^E_FLgŪڬݰ {g`s6.>;cCvǞ3{c` cMvN)fl2 J >2k+vXRΊWl;f}vɆl̞XXa-?VaɎ `=W6a%dXYuY+6b셥,la5v:옝Kv%,[EǶg숝 vY^Yf?Ūڬݰ {gUj.>;cCvǞ3{c5fX&;d'][b6a+?VfRď۶ҧ-c---5X؀]"wV 1lbǬ.ِK+䂭m gMvNf쑽 O+MbeVg e=vή؈=LLMju1;c쎍3KXv6Xa6>;dG][vb2`|lUYY 9a#rs6m]Vc-a}vƆ=gƲ}aǚ쐝Svn#لe}feVe f=6`W= `.;`-v ٘=¢[Yv={dlKo2;gWl KYn-?ju1;c쎍3KXhm=;eݳ̊[lUYY 9a#ro]Vc-a}vƆ=gƲko cMvN)fl2%W̪Љ׷myOW?-?-'-5X؀]"wV 1lbǬ.ِK+䂭m gMvNf쑽 O+MbeVg e=vή؈=LLMju1;c쎍3KXv6Xa6>;dG][vb2`|lUYY 9a#rs6m]Vc-a}vƆ=gƲ}aǚ쐝Svn#لe}feVe f=6`W= `.;`-v ٘=¢[Yv={dlKo2;gWl KYn-?ju1;c쎍3KXhm=;eݳ̊[lUYY 9a#ro]Vc-a}vƆ=gƲko cMvN)fl2%W̪Љ׷mo>>OіO-{B[k6b7E,e8lc*eŎY]!'7V[fϚ숝 v#{eVʬz]{`/,e`ř`lcv.gll/l}vȎ)`e`:k.svF,b/mdZ {be热*l5!;aݲG ,+-ʬzl {`K;+_]vZ%1{b {cEhX&;b']{^لߒceVg e=vή؈=ܲ[lcv.glf{l#v.-g1{eb:k.svF,b/VߪcZ {beߚcǚ쐝Svn#لeJdXUK?oM>M}}}em*em*ek+vXRΊS6]vZ%1{b {c\\mVaɎ `=W6a``[R V vX;fgݱ1{f +¶g숝 vY^Y&,m*6;g7l"Yn.\Mj:ؐݱ'Xv>|/Xvʮ-{d1BBϬ̪ڬݰbeŎY]!'7VXU>k#v.5gMX~-?Vfu`]c슍{a)-ۿevX;fgݱ1{f _m!;bݲ{WY+m*6;g7l"Yn?j:ؐݱ'Xv?Va{ ;e=MXdJY:-7sOr3і_r-B[k6b7E,e8lc*eŎY]!'7V[fϚ숝 v#{eVʬz]{`/,e`ř`lcv.gll/l}vȎ)`e`:k.svF,b/mdZ {be热*l5!;aݲG ,+-ʬzl {`K;+_]vZ%1{b {cEhX&;b']{^لߒceVg e=vή؈=ܲ[lcv.glf{l#v.-g1{eb:k.svF,b/VߪcZ {beߚcǚ쐝Svn#لeJdXUK?oӥO?-<іЖЖzl {`K;+Nۘ vkcgl%rsY&;b']{^ل姃m2;gWl KYn&Xq&&a5v:옝Kv%,;0 f{l#v.-g1{e||>gŪڬݰ {g`s6.>;cCvǞ3{c` cMvN)fl2 J >2k+vXRΊWl;f}vɆl̞XXa-?VaɎ `=W6a%dXYuY+6b셥,la5v:옝Kv%,[EǶg숝 vY^Yf?Ūڬݰ {gUj.>;cCvǞ3{c5fX&;d'][b6a+?VfRď۶O>鯯e-#miH[F2Җe-#miH[F2Җe-#miH[F2Җe-#miH[F2Җe-#miH[F2Җe-#miH[F2Җe-#miH[F2Җe-#miH[F2Җe-#miH[F2Җe-#miH[F2Җe-#miH[F2Җe-#miH[F2Җe-#miH[F2Җe-#miH[F2Җe-#miH[F2Җe-#miH[F2Җzl {`K;+_]vZ%1{b {cEhX&;b']{^لߒceVg e=vή؈=ܲ[lcv.glf{l#v.-g1{eb:k.svF,b/VߪcZ {beߚcǚ쐝Svn#لeJdXUK-Δ> gwG[+*k6b7E,e8lc*eŎY]!'7V[fϚ숝 v#{eVʬz]{`/,e`ř`lcv.gll/l}vȎ)`e`:k.svF,b/mdZ {be热*l5!;aݲG ,ؿʬzl {`K;+_]vZ%1{b {cEhX&;b']{^لߒceVg e=vή؈=ܲ[lcv.glf{l#v.-g1{eb:k.svF,b/VߪcZ {beߚcǚ쐝Svn#لeJdXUm[ҧ;}[ٯ< my22XY a,b){gũ`Sv.;`-v ٘=B.z.6}dG]kv+tt-Vfu`]c슍{a)+d;X3vؘ=egf}alCvNe,f,̶XYuـ6b{a,7lc.&e5bggl{fo,;l}>Va{ ;e=MXf!Xi!gVfU`mcvnXY` bǬ.ِK+,ڿE*l5;aݳG&,d+:k.svF쁽߲c;X3vؘ=eh6cSvn=+ˬؿǶXYuـ6b{a,jVe5bggl{fo,f=d석kvY&,S%ʬZ q}ۖ/}mlC[6-5X؀]"wV 1lbǬ.ِK+䂭m gMvNf쑽 O+MbeVg e=vή؈=LLMju1;c쎍3KXv6Xa6>;dG][vb2`|lUYY 9a#rs6m]Vc-a}vƆ=gƲ}aǚ쐝Svn#لe}feVe f=6`W= `.;`-v ٘=¢[Yv={dlKo2;gWl KYn-?ju1;c쎍3KXhm=;eݳ̊[lUYY 9a#ro]Vc-a}vƆ=gƲko cMvN)fl2%W̪Љ׷mJm羾>rg.\h` f=6`W=mLa쀵1K6dc ``۬Yv={dlJXYuY+6b셥,78l;`v%cc V m=;eݳL>X>3bUVgmevn؈E셽\`lXuX!cO왽|`_X&;d'][b6a``YUYY a,b){gł+?X>dC6fO,aoh}dG]kv+[R[;`v%cc-ڿclCvNe,f,bVbUVgmevn؈E셽ܪ[lXuX!cO왽[Xvʮ-{d1L+j)tm[><,̇,̇ `mcvnXYq*TX>dC6fO,ao *l5;aݳG&,?4lY5X9b#^Xr336a];6f,a``_6cSvn=+>-Veuf]6`속X^;ۘ vYX;Ğ[UkCvN5e,fYVZY5X؀]"wV,ؿc쀵1K6dc o gMvNf쑽 /ٿ%ʬz]{`/,eela];6f,a٢+?>;dG][vb2+o-Veuf]6`속X^;˭ڿUvYX;Ğˮٿ5*l5!;aݲG ˔_2B'~\߶_̗>n__mkX[2֖e-cmkX[2֖e-cmkX[2֖e-cmkX[2֖e-cmkX[2֖e-cmkX[2֖e-cmkX[2֖e-cmkX[2֖e-cmkX[2֖e-cmkX[2֖e-cmkX[2֖e-cmkX[2֖e-cmkX[2֖e-cmkX[2֖e-cmkX[2֖e-cmkX[2֖e-cmiX5X؀]"wV,ؿc쀵1K6dc o gMvNf쑽 /ٿ%ʬz]{`/,eela];6f,a٢+?>;dG][vb2+o-Veuf]6`속X^;˭ڿUvYX;Ğˮٿ5*l5!;aݲG ˔_2B[wmJm>f!Bh` f=6`W=mLa쀵1K6dc ``۬Yv={dlJXYuY+6b셥,78l;`v%cc V m=;eݳL>X>3bUVgmevn؈E셽\`lXuX!cO왽|`_X&;d'][b6a``YUYY a,b){gł+?X>dC6fO,aoh}dG]kv+[R[;`v%cc-ڿclCvNe,f,bVbUVgmevn؈E셽ܪ[lXuX!cO왽[Xvʮ-{d1L+j)tm[ Om9(|}}eڲ_mڬݰT`;l;f}vɆl̞XX!l=lU>k#v.5gMX~:Xi:+:k.svF쁽fgmVcÎdwl̞Y² m!;bݲ{W}f[ͺl w 1lk36dw=7> =d석kvY&,3+*k6b7E,eXvkcgl%ߢcϚ숝 v#{e_KY5X9b#^XroVcÎdwl̞Y²EWl}vȎ)`eVߊc[ͺl w[k36dw=7]kUkCvN5e,f)ٿceV-Nm?Z,}>ڲڲ2XY a,b){gũ`Sv.;`-v ٘=B.z.6}dG]kv+tt-Vfu`]c슍{a)+d;X3vؘ=egf}alCvNe,f,̶XYuـ6b{a,7lc.&e5bggl{fo,;l}>Va{ ;e=MXf!Xi!gVfU`mcvnXY` bǬ.ِK+,ڿE*l5;aݳG&,d+:k.svF쁽߲c;X3vؘ=eh6cSvn=+ˬؿǶXYuـ6b{a,jVe5bggl{fo,f=d석kvY&,S%ʬZ q}ۖ`,}ߖ`-K-K-5X؀]"wV 1lbǬ.ِK+䂭m gMvNf쑽 O+MbeVg e=vή؈=LLMju1;c쎍3KXv6Xa6>;dG][vb2`|lUYY 9a#rs6m]Vc-a}vƆ=gƲ}aǚ쐝Svn#لe}feVe f=6`W= `.;`-v ٘=¢[Yv={dlKo2;gWl KYn-?ju1;c쎍3KXhm=;eݳ̊[lUYY 9a#ro]Vc-a}vƆ=gƲko cMvN)fl2%W̪Љ׷mY\.}*.ߖ寯 VfU`mcvnXYq*TX>dC6fO,ao *l5;aݳG&,?4lY5X9b#^Xr336a];6f,a``_6cSvn=+>-Veuf]6`속X^;ۘ vYX;Ğ[UkCvN5e,fY Y5X؀]"wV,ؿc쀵1K6dc o gMvNf쑽 /ٿ%ʬz]{`/,eela];6f,a٢+?>;dG][vb2+o-Veuf]6`속X^;˭ڿUvYX;Ğˮٿ5*l5!;aݲG ˔_2۶__寯Le-mhD[&2іLe-mhD[&2іLe-mhD[&2іLe-mhD[&2іLe-mhD[&2іLe-mhD[&2іLe-mhD[&2іLe-mhD[&2іLe-mhD[&2іLe-mhD[&2іLe-mhD[&2іLe-mhD[&2іLe-mhD[&2іLe-mhD[&2іLe-mhD[&2іLe-mhD[&2іzl {`K;+_]vZ%1{b {cEhX&;b']{^لߒceVg e=vή؈=ܲ[lcv.glf{l#v.-g1{eb:k.svF,b/VߪcZ {beߚcǚ쐝Svn#لeJdXUK-ҧP-C---5X؀]"wV 1lbǬ.ِK+䂭m gMvNf쑽 O+MbeVg e=vή؈=LLMju1;c쎍3KXv6Xa6>;dG][vb2`|lUYY 9a#rs6m]Vc-a}vƆ=gƲ}aǚ쐝Svn#لe}feVe f=6`W= `.;`-v ٘=¢[Yv={dlKo2;gWl KYn-?ju1;c쎍3KXhm=;eݳ̊[lUYY 9a#ro]Vc-a}vƆ=gƲko cMvN)fl2%W̪Љ׷myRt}[|}}JhЖzl {`K;+Nۘ vkcgl%rsY&;b']{^ل姃m2;gWl KYn&Xq&&a5v:옝Kv%,;0 f{l#v.-g1{e||>gŪڬݰ {g`s6.>;cCvǞ3{c` cMvN)fl2 J >2k+vXRΊWl;f}vɆl̞XXa-?VaɎ `=W6a%dXYuY+6b셥,la5v:옝Kv%,[EǶg숝 vY^Yf?Ūڬݰ {gUj.>;cCvǞ3{c5fX&;d'][b6a+?VfRď۶j/Vo_~}}eg5eg5ek+vXRΊS6]vZ%1{b {c\\mVaɎ `=W6a``[R V vX;fgݱ1{f +¶g숝 vY^Y&,m*6;g7l"Yn.\Mj:ؐݱ'Xv>|/Xvʮ-{d1BBϬ̪ڬݰbeŎY]!'7VXU>k#v.5gMX~-?Vfu`]c슍{a)-ۿevX;fgݱ1{f _m!;bݲ{WY+m*6;g7l"Yn?j:ؐݱ'Xv?Va{ ;e=MXdJY:-Z?^-G[VB[VB[k6b7E,e8lc*eŎY]!'7V[fϚ숝 v#{eVʬz]{`/,e`ř`lcv.gll/l}vȎ)`e`:k.svF,b/mdZ {be热*l5!;aݲG ,+-ʬzl {`K;+_]vZ%1{b {cEhX&;b']{^لߒceVg e=vή؈=ܲ[lcv.glf{l#v.-g1{eb:k.svF,b/VߪcZ {beߚcǚ쐝Svn#لeJdXUK?oJOP-іRhR)ek+vXRΊS6]vZ%1{b {c\\mVaɎ `=W6a``[R V vX;fgݱ1{f +¶g숝 vY^Y&,m*6;g7l"Yn.\Mj:ؐݱ'Xv>|/Xvʮ-{d1BBϬ̪ڬݰbeŎY]!'7VXU>k#v.5gMX~-?Vfu`]c슍{a)-ۿevX;fgݱ1{f _m!;bݲ{WY+m*6;g7l"Yn?j:ؐݱ'Xv?Va{ ;e=MXdJY:-'nhI-SmjT[2ՖLe-SmjT[2ՖLe-SmjT[2ՖLe-SmjT[2ՖLe-SmjT[2ՖLe-SmjT[2ՖLe-SmjT[2ՖLe-SmjT[2ՖLe-SmjT[2ՖLe-SmjT[2ՖLe-SmjT[2ՖLe-SmjT[2ՖLe-SmjT[2ՖLe-SmjT[2ՖLe-SmjT[2ՖLe-SmjT[2ՖLe-k+vXRΊWl;f}vɆl̞XXa-?VaɎ `=W6a%dXYuY+6b셥,la5v:옝Kv%,[EǶg숝 vY^Yf?Ūڬݰ {gUj.>;cCvǞ3{c5fX&;d'][b6a+?VfD[Nk?ҧ?~-ǿr{-5X؀]"wV 1lbǬ.ِK+䂭m gMvNf쑽 O+MbeVg e=vή؈=LLMju1;c쎍3KXv6Xa6>;dG][vb2`|lUYY 9a#rs6m]Vc-a}vƆ=gƲ}aǚ쐝Svn#لe}feVe f=6`W= `.;`-v ٘=¢[Yv={dlKo2;gWl KYn-?ju1;c쎍3KXhm=;eݳ̊[lUYY 9a#ro]Vc-a}vƆ=gƲko cMvN)fl2%W̪Љ׷m~Z~}[~}}OC[^4ek+vXRΊS6]vZ%1{b {c\\mVaɎ `=W6a``[R V vX;fgݱ1{f +¶g숝 vY^Y&,m*6;g7l"Yn.\Mj:ؐݱ'Xv>|/Xvʮ-{d1BBϬ̪ڬݰbeŎY]!'7VXU>k#v.5gMX~-?Vfu`]c슍{a)-ۿevX;fgݱ1{f _m!;bݲ{WY+m*6;g7l"Yn?j:ؐݱ'Xv?Va{ ;e=MXdJY:-_۲__m̪ڬݰT`;l;f}vɆl̞XX!l=lU>k#v.5gMX~:Xi:+:k.svF쁽fgmVcÎdwl̞Y² m!;bݲ{W}f[ͺl w 1lk36dw=7> =d석kvY&,`+*k6b7E,eXvkcgl%ߢcϚ숝 v#{e_KY5X9b#^XroVcÎdwl̞Y²EWl}vȎ)`eVߊc[ͺl w[k36dw=7]kUkCvN5e,f)ٿceVe׷mOKmO׿>ڲڲ2XY a,b){gũ`Sv.;`-v ٘=B.z.6}dG]kv+tt-Vfu`]cwg~wof9;{w.V'6vp.hS7%B qB$KoHB%*DB-b UB.JB QudQ < 2JPRwvgwxξc?~pXaCl-1Ei¼Xbi,U:[`F*vy RX+c5 6 61M̅1 cI,*zͰ fXK`iU[cK̏8 XkblMf8S\SX k`mli`N;g'X+bu 1֘;"0?X+`56V;&0bXcU!6ÖA9?̋(rXc]lMftN`A,,VjXclNȿsc*ƒX+aU0 atJX a , ºbkxF bq,2:`+̠ 0U:q{rmZ[~ͣmmyXjR[Ű$JXkcCLÖs]yX+bu 1֘$vn`~,ű,VjXc#l0YL11bXcU!6Ö"洈]a^,E4*Xbl-0Un,Ű ǪXaCl-1s aQ, VǺb $XKaYհ&3'T,% VªXa66;%X+bu16֘;#0?X +`eu6VA!aܼR[]eZ[ݛGRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKRԨ-5jKڒT,%LUN\[~'֖}rh[[֟HmY"X Kby5664lm0Ş `Q,"VZc lMb&1"Xb5>6 aa,eLUN\[~֖zh[[^=Ԗb1,Ӱ%{b{b^,EÊXkal-5f7<`q,c+fSbṅXk`=lͰ%f9-bW aQ, VǺb h[.1"X beu>6&f07ba,eVXӰLbbWX a , ºbkx v~ v RX+cM bʡ a*ÒX+a 1 [bi'XaE6G"Xb5>6 X `y56f39?yX`u )NIa,EX `}l1 wBanLX`%a3lNɿS `!,"VZXcSlȿ3cA,VƚXalO!0*R'n^-?Sv?{Ѷ4>LjKX k`mli`==1/XaE6Mb̏E8 X kb}lͱf3)f17X `y56f3YĜ+̋(rXc]lMf٭b b,e2V:X`s`\S02X bmi `}}+,ƊXka]lM5f<;?Xc)&F[aC1P̅0aI,Ɔ- 洓v `Q,"VZc lُȿ#c,eVÚXaslَɿcaa,e6;!07ba,eVXӰL)X`-)ƌg RX+cM SG/זwo,Ű ǪXaCl-1s aQ, VǺb $XKaYհ&3'T,% VªXa66;%X+bu16֘;#0?X +`eu6VA!a*ÒX+a 1 [b{@a,%VX `cl1;Q?Ha~,ű,V^\6Vn*?̇⚝y56f3q&9ysbi,U:[`F9vV3*ƒX+aU0 aLLA+,ƊXka]lM5&}ULA%ǂXKa56& >S*}Յ0aI,Ɔ- &}&}ļXb ,:[`kLLl<`q,c+LLlܘ c1,*zaKLLlYx BXKc9ձ.6>>[Vky RX+c5 6ǤϤϖM̅1 cI,*zͰ &}&}EX a , ºbkLL: 0?X +`eu6VuHa>LbXc%!aKlII-;(rXc-lƤϤDzXaM9¤Ϥ102Xb ĤϤϖüXbi,U:[`ggIa,EX `}l13uBanLX`%a3lII_QBXKcE.6Ʀ>?̏8 XkblM&}&}E)T,%[X`),?~7l^.̍XKbU6{6>>[X a , ºbk{!II-̏8 XkblMfoϤT,%&}mG>O'~}3gXKbU64lm03M4ݿXK`iU[cgKi RX+cM ¤4ݗ>t߅0aI,Ɔ- &}&}ļXb ,:[`kLLl<`q,c+LLlܘ c1,*zaKLLlYĮ0/¢Xau6ٲ]b,EX `}l13esanLX`%a3lII_QBXKcE.6Ʀ>?̏8 XkblM&}&}ESX k`mli`ggNa,%VX `cl13uDa~,ű,VjXc#l03uLa>,Ű ǪXaCl-13 0/¢Xau6r b,e2V:X`sLLlS02X bmi `gW)X`-)ƤϤ3cA,VƚXalII_Q 0aI,Ɔ- &}&}Xb ,:[`kLLl=$0?X+`56VzDa>,Ű ǪXaCl-13uNa^,E4*Xbl-03x@T,%X+bu 1֘M>0?X+`513m;Jɳf)k>9vrv3*ƒX+aU0 aLL9r+,ƊXka]lM5&}]L9%ǂXKa56& >S.}݅0aI,Ɔ- &}&}ļXb ,:[`kLLl<`q,c+LLlܘ c1,*zaKLLlYx?(̋(rXc]lM&}&}b b,e2V:X`sLLl\S02X bmi `gW>X`-)ƤϤcA,VƚXalII_QT,%>['T,% VªXa66uJa,%4V*X bcl13+Xc)&F[agWBa>LbXc%!aKlIIXaE6>>[?̏E8 X kb}lͱ&}&} c1,*zaKLLl aQ, VǺb LLl=&0"X beu>6.̍XKbU6ø}m01>>[X a , ºbkuϤǂXKa56& 3p3鳅0aI,Ɔ- &}&}x]/XaE6>>[7c,eVÚX>Ӷj1yvg:qHIe&}&CX`%a3lI>qX`-)ƤtHXc)&F[agr:t0b1,Ӱ%Ϥ֞ `Q,"VZc lII-c,eVÚXaslII-aa,e>[VK̃²XaM9&}&}lb.̍XKbU64lm03+jXK`iU[cgW RX+cM ¤ϤCa*ÒX+a 1 [bLLl?,EÊXkal-5&}&}?̏E8 X kb}lͱ&}&}?̇Xk`=lͰ%&}&}BXKc9ձ.6>>[N`A,,VjXclIIsc*ƒX+aU0 aLL:%X+bu16֘uFa~,űVX`#l03+J!0b1,Ӱ%Ϥ `Q,"VZc lII"Xb5>6 >>[?̇Xk`=lͰ%&}&}?̋(rXc]lM&}&} b,e2V:X`sLLlKanLX`%a3lII_QO?,ƊXka]lM5&}&}EqK̏8 XkblM&}&}EqHT,%N$GƉ'*ƒX+aU0 aLL35NX+bu16֘'gj\b~,űVX`#l035N8qa>LbXc%!aKlII=1/XaE6>>[&1"Xb5>6 >>[f17X `y56f>>[+̋(rXc]lM&}&}b b,e2V:X`sLLl\S02X bmi `gW>X`-)ƤϤcA,VƚXalII_QT,%>['T,% VªXa66uJa,%4V*X bcl13+Xc)&F[agWBa>LbXc%!aKlIIXaE6>>[?̏E8 X kb}lͱ&}&} c1,*zaKLLl aQ, VǺb LLl=&0"X beu>6zܘ$JXkc=Lf>X a , ºbkLL 0?X +`eu6V0aI,Ɔ- &}&}Xb ,:[`kLLl=#0?X+`513m;JI6~yyoùx>Jνf0#NIʼ՞cCY>vv vv>cFѯR0]3|M. o{O1B?o?׽O}Ooh05ǻtxǼ:e?7m?w'b\ڮ;#-׷.}Q=QF9ƥimLZ7NOQo#wo#v<0W=ػ} 0W:{)XfquMow6_8FN-c,&K0>ڱ1m(;3g}sl;7qvegz~gZpƭoq\ncͱ1ljٱi1J}ع1L5c8O=[̓<ǎ g-{1vn/yA9o#~в7<١5aH;y+G>;9<ǎ;y#p|&3a:^3v3j8u<9yn:z|F{>:ݣ|t|R*ugGV|zOF}Q!Zn_n܎_\ן/zT깛ߗwo9vfo&ͲmwfW..k~,y~mfz7/F,;X6w_t^=r,,kSx7+}d3gi{{k^ʲy7mi{9}{pOJ>Iޜ{1Tql6.śǸY\>ƕ%^~ct-ѧkXBOV7xE㧷a^> xoK$0o7;Ok@ xu;y\n|{]yU+xgϮͷF65_pv}?ޕ]=+ؕI;f>~dekY*'VߴMb_}>~| _??C]d#=c_9s:?)NtUN*'b}x*3=V+b+l}wIWX>گ}`ʮ}"&ynBLR~WXٕt~3 6y&? h{|?ZhۣSvm7͏~ _;j?mOnyp?v~kgs6o}ryo{}_;W;iW_3|S;k;e_lw<_;[;;7x=w<߯wٝw|p_|yXNrfw'w9NrFv o+w~1xΣ'w:^Kb_r9+&yΊm_"US՟z7^?g3Q)WX_ρ/X׷{ =j޻6ڻ6 {Ȣʈ~nV(3٧vrFr}n_3#}~kS&igW1TۮŊd̯{ o} o2_ؓfy lc`6\·}[xQxy?Xvyk|r6~z`! (G7{/EN2l$60ZDxڬOHg?oշuSL*Ԥ]ą=q…dlpn;qL. - .\.4.\H@ ,$ r>%4$>n]͋ wW~uu&;_~]'}[||~~9t?ӷſկ&~_'կ|~1w^^}O#O޼{ۏ6Ϥ~~&C_~o^]?8X|Ͽ~=//W|ם_~y>Wo~~u^d>[׿OGz~Wǯ{?oxV[׿cmZA?y>?޼~G7_{?~?_?Nv?7?/~'?7w~/hǝg^ķ7?ݯwz/?ϗ΋ǟŅ_ſ7'O} /T?ۗ/N}?2d;숝kvj/[16`쐝+vXnkﻭ 6:b]ݳG{Z6f[cl v*V[ glCvή{`oZ ߴi6V:e]ݳN^lMYgݲ=>m3d3lmN9awaAk> 6 b옝u޵k#gSl-MÎ)ffO&<[blvnkX8 lͱEζ;f`ܿ!Y&gG]լ glCvή{`}Q6 [g쀝KV{։ݿc#lͲev>;eUu/q$aKlm=v c v?6"[a[l3V=NgSi__o?!}g?|-/_rv[nn2d;숝kvj/[16`쐝+vXnkﻭ 6:b]ݳG{Z6f[cl v*V[ glCvή{`oZ ߴi6V:e]ݳN^lMYgݲ=>m3d3lmN9awaAk> 6 b옝u޵k#gSl-MÎ)ffO&<[blvnkX8 lͱEζ;f`ܿ!Y&gG]լ glCvή{`}Q6 [g쀝KV{։ݿc#lͲev>;eUu/q$aKlm=v c v?6"[a[l3V=NgSi__obſ||/_rE-g_۲6;bݲ=>lmMy66;d'ݰְnklͱEζ;f`^jmY&gG]լ>16*`{쐝+v7}blͱv;cdkk#aSl-5)`bOo[& [blvnk@OlME¶.;fg`%{dwZ[`l#vʮ-_I6ϖf]`sl-v%+={d!ocl-5`׬b5F_16*`{쐝+v@lM9.;`g쒕ub/vblNe{bK?6f[elsvXݿaMiVedTL_ӗwݖ_۲6;bݲ=>lmMy66;d'ݰְnklͱEζ;f`^jmY&gG]լ>16*`{쐝+v7}blͱv;cdkk#aSl-5)`bOo[& [blvnk@OlME¶.;fg`%{dwZ[`l#vʮ-_I6ϖf]`sl-v%+={d!ocl-5`׬b5F_16*`{쐝+v@lM9.;`g쒕ub/vblNe{bK?6f[elsvXݿaMiVedToܖ[߾-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-۲-?62d;숝kvjlͳ%!;aW=ߠ&[dlcv vYor8e lm}v.5XͺlͰy6;dݱ6welud%g?6¦,[fklSvnYŞX7qMV6c'ݰ;ְaocl-v1;c+#_q6mlM_w|=oˢnˢn2d;숝kvj/[16`쐝+vXnkﻭ 6:b]ݳG{Z6f[cl v*V[ glCvή{`oZ ߴi6V:e]ݳN^lMYgݲ=>m3d3lmN9awaAk> 6 b옝u޵k#gSl-MÎ)ffO&<[blvnkX8 lͱEζ;f`ܿ!Y&gG]լ glCvή{`}Q6 [g쀝KV{։ݿc#lͲev>;eUu/q$aKlm=v c v?6"[a[l3V=NgSi__o˃W鋃Wn˃W_v[jek lmvN5e5{b}xdlmmvNaaaFclmv.Y#j-}glMώfYuk׭}fclͳU!;gW=7oZF4c+lv.YYZG6¦,[fklSvnYŞXmk޶MV6c'ݰ;ְAkflm]vXJ:ZKߵ)&aG][V'ݿcl-  b75,t?6"[g[KV{zCߐ,[`kl#vYj֍ܿcclͳU!;gW=w(fsl]v%+=_6f2[c;l v*ĺlͰ%ʶ;aݱ `l-ˎ+XY'uR݉ϯ/^o__-W_ru-[[`l#vʮ-l$gKlmCv® {` 6&[dlcv vYUkF8e lm}v.5Xͺ[n3c3l 9bw i-|'6ʦ[al3vJv:z>6f2[c;l v*ĺo[lͰ%ʶ;aݱ Z&4[d+lcv VGyZlM6;bݲ=~dlmmvNaa7 6:b]ݳGr?6f[cl v*VnEc3l 9bw ݿF4c+lv.YY'vb)6˖a][V'Mܿcl-U ;g75l`vflm]vXJ:lMN|~}-'ߤ/&|-'|zޖom9ݖ-ev;e_ekclͳ%!;aW=w[el-u1dgUk#lͲ6>;bUf׭_6Vc];޴ielud%g^k^kblNe{bݷ}xg6f[elsvX}bl-v1;c+#k-}G6Φ[flSvnY͞X?tBMy66;d'ݰְptclmv.Y# CglMώfY7r"6Vc];_clͱv;cdFel}v.-&_I6Ö*f{석v60 lME¶.;fg`%{dK?6Φv'>ޖI/}ݖIL{L{lm-MÎ)ffO/[cl-  b75,(`sl-v%+={dWZal-5`׬b5nlͰy6;dݱ6Mk(fsl]v%+=ZZFel}v.-m>I6Ö*f{석v6>h`l-ˎ+XY]k>q62d;숝kvjlͳ%!;aW=ߠ&[dlcv vYor8e lm}v.5XͺlͰy6;dݱ6welud%g?6¦,[fklSvnYŞX7qMV6c'ݰ;ְaocl-v1;c+#_q6;q[my-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-+۲-?62d;숝kvjlͳ%!;aW=ߠ&[dlcv vYor8e lm}v.5XͺlͰy6;dݱ6welud%g?6¦,[fklSvnYŞX7qMV6c'ݰ;ְaocl-v1;c+#_q6ۖl˿|˷n˿|y[mv[&aG][V'ڇI6ϖf]v[{mmM9;`=ޫWq6d]kVu_g6f<[elsvxZOlM9.;`g쒕uzz}d#lͲev>;eUu߶mk$aKlm=v c Z{MiVed]k8b lmvN5e5{b ?6`쐝+vXAocl-u1dg7 lͲ6>;bUf?6f<[elsv}i6V:e]ݳNaSl-5)`bO& [blvnk7 6 b옝uR/u8J۝z[n/o_O@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@1| 4@i__owwy[.k»v[&aG][V'ڇI6ϖf]v[{mmM9;`=ޫWq6d]kVu_g6f<[elsvxZOlM9.;`g쒕uzz}d#lͲev>;eUu߶mk$aKlm=v c Z{MiVed]k8b lmvN5e5{b ?6`쐝+vXAocl-u1dg7 lͲ6>;bUf?6f<[elsv}i6V:e]ݳNaSl-5)`bO& [blvnk7 6 b옝uR/u8J۝z[Nm;ᗯcj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>c{v'>ޖ /v[~7y[ r`ݖ-ev;e_ekclͳ%!;aW=w[el-u1dgUk#lͲ6>;bUf׭_6Vc];޴ielud%g^k^kblNe{bݷ}xg6f[elsvX}bl-v1;c+#k-}G6Φ[flSvnY͞X?tBMy66;d'ݰְptclmv.Y# CglMώfY7r"6Vc];_clͱv;cdFel}v.-&_I6Ö*f{석v60 lME¶.;fg`%{dK?6Φv'>ޖ߲-zOG۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲- ۲-?62d;숝kvjlͳ%!;aW=ߠ&[dlcv vYor8e lm}v.5XͺlͰy6;dݱ6welud%g?6¦,[fklSvnYŞX7qMV6c'ݰ;ְaocl-v1;c+#_q6ml?J_зχ|=oˣv[ ۲6;bݲ=>lmMy66;d'ݰְnklͱEζ;f`^jmY&gG]լ>16*`{쐝+v7}blͱv;cdkk#aSl-5)`bOo[& [blvnk@OlME¶.;fg`%{dwZ[`l#vʮ-_I6ϖf]`sl-v%+={d!ocl-5`׬b5F_16*`{쐝+v@lM9.;`g쒕ub/vblNe{bK?6f[elsvXݿaMiVedTWQWѷWїci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fc{v'>ޖSTm9-۲6;bݲ=>lmMy66;d'ݰְnklͱEζ;f`^jmY&gG]լ>16*`{쐝+v7}blͱv;cdkk#aSl-5)`bOo[& [blvnk@OlME¶.;fg`%{dwZ[`l#vʮ-_I6ϖf]`sl-v%+={d!ocl-5`׬b5F_16*`{쐝+v@lM9.;`g쒕ub/vblNe{bK?6f[elsvXݿaMiVedT2Y/_?5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cX1|5cN|~}-~ܖe[>_em[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶem[ֶǦ[flSvnY͞X?tBMy66;d'ݰְptclmv.Y# CglMώfY7r"6Vc];_clͱv;cdFel}v.-&_I6Ö*f{석v60 lME¶.;fg`%{dK?6ΦmWI⯒o_%_~j>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&ch>&K۝z[ /vݖ;_p-wm[flSvnY͞Xek^6&<[blvnkXm}Q6"[g[KV{zZK_6,[`kl#vYj}Zukalm=vclMk>Q6 [g쀝KV{)6˖a][V'}ڇ}fl-U ;g75l h}'6"[a[l3V=λw}dl-ev;eC/t$gKlmCv® {` ݿAM9;`=ސ7q6d]kVu#/ralm=vcl?6ʦ[al3vJv:lMYgݲ=n%d3lmN9awa߰&4[d+lcv VGIݿcl*mwmio_~j>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>cj>K۝z[<}1oϿ|=o˱rlm-MÎ)ffO/[cl-  b75,(`sl-v%+={dWZal-5`׬b5nlͰy6;dݱ6Mk(fsl]v%+=ZZFel}v.-m>I6Ö*f{석v6>h`l-ˎ+XY]k>q62d;숝kvjlͳ%!;aW=ߠ&[dlcv vYor8e lm}v.5XͺlͰy6;dݱ6welud%g?6¦,[fklSvnYŞX7qMV6c'ݰ;ְaocl-v1;c+#_q6;!K_}-Ⱦ||43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|43L1|4;m7ٗmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږmYږm)&aG][V'ݿcl-  b75,t?6"[g[KV{zCߐ,[`kl#vYj֍ܿcclͳU!;gW=w(fsl]v%+=_6f2[c;l v*ĺlͰ%ʶ;aݱ `l-ˎ+XY'uRol˿f[Emck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏ck>暏c{v'>ޖ>}ݖxnˍlm-MÎ)ffO/[cl-  b75,(`sl-v%+={dWZal-5`׬b5nlͰy6;dݱ6Mk(fsl]v%+=ZZFel}v.-m>I6Ö*f{석v6>h`l-ˎ+XY]k>q62d;숝kvjwv?1yy11`l(45 CYH({En/WB7tdX@,X "1hB&(B Ҡ4M$"`AFܫ($9|\.S۟2zym?6Fe lm}v.kmX?alͳU!;ga6Ʀ[al3Vv_!6ʦ,[fklSvv: Vc3lmN9uX7a6ɦ"[a[l3vbl-ev;eWSSgl<[blv*j%o^}lyTyWci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fci>Fc*xge^eW7gˮl2-I6:bu(`lMώb ^4al6Vc]*u>64c+lv 1g Q6f2[c;l v)XkSW Vc3lmN9ku*fl-v1;c׬aabl-ev;eW`/{ g56ϖf]``]Udsl-vYYG(`lMώbm6g#lͰy6;d5?=>64c+lv nk^6Fel}v._A6jl-U ;guNfU6&4[d+lcvƮY`ClM6;b}j{jclgKlmCv.Y]W>Vsͫ-lYr,^uٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲp,- gٲpX16"[g[]V_ Q6f[cl vZm?F8alm=v%k~l{lc}li6V:encl)6˖a]al [blv:?ͪlMiVe]''?6b lmvN g56ϖf]bc}n^}lq-6~ck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚck>ƚcJ8'޼r)[J?[.%z|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4D1|L4n^}lr'g˟z|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5ST1|L5W ěW_=[f{gWci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fci>fcͫ-ʽec\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1|5s\1pNyճٷ~pݳξp^jnX/blͲev>;e'Z? A6jl-U ;gu55X7a6ɦ"[a[l3vK !6[flSv6{gl<[blv<XI6:bu4K;el-5`W)؋`=q6*`{쐝Ka6Ʀ[al3V?ˆ(blNz a56Ö*f{석_u*fl-v1;c׬!?6b lmvNfk~6Yͳ%!;a*cl-u1+5hel-5`Wacl6Vc]N_a6Ʀ[al3V''?ˆ(blNz a56Ö*f{석bcݬʆ$flm]v5k !6[flSvjxfclgKlmC~3+UdslgZ]?^6F{rd]+|F8alm=v%k~i5Yfclͱv;coWCl5>cl)6˖{_\-v.b=lyŶ;a.3]U0dl-ˎf Qbl-ev;eW9 qVclmmvnfVeclͱEζ;ffaTV Q6f[cl v \g#lͰy6;d쒅PZ?džfsl]vX \'?ˆ(blN 3rXd#f[elsf@jUU0dl-ˎfaTQbl-ev;eW,̀;A6jl-  daTQUdsl-vYY^tw`lmM/5`WU_0̀;6f<[elsvɚ}0*(džfsl]vZkLPyG^6Fel:]&Qwal {5V6c';aTQU0dl-ˎfaTQgl 62d;숝FW qVclmmvNm3o>7PxͿ0:k3X/blͲev>;e,̀Κ al [blv 9̀ΚX7a6ɦ"[a[l3v 9̀blM)&aG]0:k3rX?d`쐝Kf@gaTcU6&[dlcVkf@j5elMY&gG]0*W)Xg#lͰy6;d쒅PZYfclͱv;c 3rX/blͲev>;e,̀zdc=laKlm=vYbcݬʆ$flm]v5 3j6&[`l#vʮXwTA6jl-  daTQUdsl-vYYnclMY&gG]0*Wg3l 9daTVa6Ʀ[al3V0*W!6ʦ,[fklSv \?V6c'윅PZfU6&4[d+lcvƮYwԧ?6b lmvN 3zfclgKlmCv.YwscU6&[dlcVkf@j6&,[`kl#vXX?alͳU!;gY,̀;a6Ʀ[alzkf@zeSl-5űN*PyG6FXͰ_ym=vYf@źY I6 b옝kf@k|`Sl-MÎ)ʾ|;} g56ϖfat3 f@n9ɿ -a^wPwKuPwg Q6f2[c;l f@-aA6jl-U ;gaf@-]U0dl-ˎfaf@j6&[`l#vʮXuPZ qVclmmvN% 30*W*cl-u1+5 3r6&,[`kl#vX6f<[elsv \`ݬ 16 [g쀝PZ Q6f2[c;l f@j=6FXͰ%ʶ;a,̀jnVelME¶.;fg욅PyGbl-ev;eW,̀; g56ϖf]0*?ǪlM9;`Ǭ`,̀j6&,[`kl#vXacl6Vc]0*W0clu+XzeSl-5)`aTSal [blv \u*fl-v1;c,̀;S`ClM6;b슅PyG=~6Yͳ%!;a,̀;*cl-u1+5 3r^el-5`W,̀Պq6*`{쐝Kf@j>64c+lv[ \zeSl-5yزN 3ral iYelsf@j?ͪlMiVe]0*`Sl-MÎ)bVK g56ϖfat3 f@?o; ma^ f@0}zeSl-5)`aTk 3Z+V6c'윅P-̀jm]U0dl-ˎfaTk 3rbl-ev;eW,̀jmaTgl<[blv f@j>VeclͱEζ;ffaTVc^6Fe lm}v. 3r~6 glCv.Ya6Ʀ[al3V0*W!6ʦ,[fklSv \G?V6c'윅PZ-?ͪlMiVe]0*V`ClM6;b슅PyGX?d`쐝Kf@XI6:b욅PZ?6Fe lm}v. 3r:q6*`{쐝Kf@juXfclͱv;c 3rX/blͲev>;e,̀zjc=laKlm=vYUnVelME¶.;fg욅PyG}jclM)&aG]0*g?8y66;d'쒅PyG=>VeclͱEζ;ffaT `lͲ6>;b슅PZ6f<[elsv \?džfsl]vX \zeSl-5)`aTVbc=lamlv \ǺY I6 b옝kf@bl-ev;eWn 3rX?d`,̀nf;e,̀zdc=laKlm=vYbcݬʆ$flm]v5 3j6&[`l#vʮXwTA6jl-  daTQUdsl-vYYnclMY&gG]0*Wg3l 9daTVa6Ʀ[al3V0*W!6ʦ,[fklSv \?V6c'윅PZfU6&4[d+lcvƮYwԧ?6b lmvN 3zfclgKlmCv.YwscU6&[dlcVkf@j6&,[`kl#vXX?alͳU!;g,̀zic}li6V:e,̀Պ Q6f2[c;l f@j%?V6c'윅PZu*fl-v1;c׬A8̀blM)&aG]͸0*WA6jl-  mT$ IWםatf@םateClMYg삅ug]wb=laKlm=vY]wugfU6&4[d+lcvƮY]wPZl 62d;숝+f@םaTgl<[blv 3̀b}$clmv v \Fm6Fe lm}v. 3r~6 glCv.Ya6Ʀ[al3V0*W!6ʦ,[fklSv \G?V6c'윅PZ-?ͪlMiVe]0*V`ClM6;b슅PyGX?d`쐝Kf@XI6:b욅PZ?6Fe lm}v. 3r:q6*`{쐝Kf@juXfclͱv;c 3rX/blͲev>;e,̀zjc=laKlm=vYUnVelME¶.;fg욅PyG}jclM)&aG]0*g?8y66;d'쒅PyG=>VeclͱEζ;ffaT `lͲ6>;b슅PZ6f<[elsv \?džfsl]vX \zeSl-5)`aTVbc=laKlm=vYX7a6ɦ"[a[l3v 2`ClM6;b슽އPZ qVclmmf@730 3o}w7ս({~OnoV?ɺ_{qɿO~sݺ׳7uvooat3U'a6uqw߸o~|o߹߯o oݩ{/UԽ7+[ҿXRWw?Osm;asHO΁'~yζ.\k]~kl?myt5Z6}:h}R{r5^uTZ^u|WϿk:/^~5'sͻ_s7w5z.,5-<MO曖|Ɵ~OԞ~ݕۯ`2k,5L|zXm_cY݃Fëg pn^C>|L??{k7nx4k5x4mv_D_cm6ah~t58m|Tk{;w/|sh8Σ/o^_ћ?\_9~ w^\^ma߾_5?UnS)hM)柞oj?kOEkj}U{\MoQn^v}޿8>{јăM/o?6zmzWqw+ᦾti!W|U3k6%XhNk7{,wӯK_q"ojnEhԑ}W=H\nӫ|\ۯM;Ww 7w~n^}.O>T7_~W?C^S?Ww՛?yw? 矄O7nw;]Ck `?m 㧍e)4{윝~[x>£9~~[vkoN[__x/E{_vv{Yg vIyliŧ~T JO|g>yWW/E?{(Qee,ݕ{a?0 ;$  ;q^؝p1^8a'ynqͯ?mjO+ͫ߻Syͥo' uO;w}|{?_L}'?cǯ?vg~om>GG>L5-?oÏ|8R_#o}흩|h;R>~|ߟW?kŎy=^Ώy7;Scӏy7;R#wG|?G?GGg/?xf|=I>H~>m[ڏn?1NLO=suox|{W]S'JxVOW%|vAG}wΏޫqWV]:|WmTmi^`?lx[&~VիݲW3y{_&/m'jeKwʾ;5D]4LY>|۟5:~g cl8iiXj Wܻ'dlOhٗ"FQۻ{,si/h~3޶v~s?i[~}Ʒ?M%?ӟɏgS ߹_G~<Y|kzg=`!CݛSg(BOl$60ZDBxڬ_hkgӮc,Wlʧݧ2BbN0fV,&x&hŴ60NbɈD$1!İ"Q "au BDE ]tOwsfv )pWO?y~xۧO"kȷa$2|l?p|'/%D"oWӃ/ߧO~W~4un4?ڧw ( / 0LDArial& 0 0"@ .  @n?" dd@  @@`` @8"K+    O2$O, Ů tsX&C2$WNDC2$~{:$"l8l2$ (G7{/EN 0AA *6@*63ʚ;ʚ;g4ZdZd  0ppp@ <4ddddLqt 0& 80___PPT10 ppforeseechange January 2003$  Contents Summary Australian Dollar Australian Dollar - TWI Australian Dollar - $US  Australian Dollar   Interest Rates    Cash Rate   GDP  GDP  CPI  CPI  Index of Consumer Sentiment Index of Consumer Sentiment Future Issues of BEFORE   ` 33` Sf3f` 33g` f` www3PP` ZXdbmo` \ғ3y`Ӣ` 3f3ff` 3f3FKf` hk]wwwfܹ` ff>>\`Y{ff` R>&- {p_/̴>?" dd@,|?" dd@   " @ ` n?" dd@   @@``PR    @ ` ` p>> f(    6b  `}  T Click to edit Master title style! !  0\  `  RClick to edit Master text styles Second level Third level Fourth level Fifth level!     S  0 ^ `  >*  0 ^   @*  0 ^ `  @*H  0޽h ? 3380___PPT10.0X Default Design  :2 *(  r # S $o `}  o =  0  !# #"*J: o  <o?d8 0  q Enlightenment$   @`  6Бo*6? 8 d iE$  @`  <o?d] 0 8  o Revelations  $   @`  6o*6? ] d8  iR$  @`   <xyo?d 0 ]  iOmens$  @`   6Xqo*6?  d]  iO$  @`   <Hio?d0  m Forecasts  $   @`   6(ao*6? d  iF$  @`   <HYo?d0  o Environment  $   @`  6(Qo*6? d iE$  @`  <Oo?d0  lBusiness  $  @`  6Fo*6? d iB$  @``B  0o ? 0 ZB  s *1 ? 0 ZB  s *1 ? 0 ZB  s *1 ?  0 ZB  s *1 ? ] 0 ] ZB  s *1 ? 8 0 8 `B  0o ? 0 `B  0o ?  ZB  s *1 ?dd`B  0o ?0 0  ' <o,L gwww.foreseechange.com H  0޽h ? 3380___PPT10.@Z$  `$(  r  S ,tx `}  x r  S `o ` o H  0޽h ? 3380___PPT10.`W$   $(   r  S x `}  x r  S T;o ` o H  0޽h ? 3380___PPT10.zs$  $$(  $r $ S x `}  x r $ S Kx ` x H $ 0޽h ? 3380___PPT10.&F  (F(  (r ( S x `}  x  ( TA ? oH ( 0޽h ? 3380___PPT10.0$F  0F(  0r 0 S o ` o H p 0޽h ? 3380___PPT10.`XrL " &(*$-r/136f8:D<p>@BD F ( / 0LDArial& 0 0"@ Oh+'0T `h   January 2003oCharlie NelsonCharlie Nelson9arMicrosoft PowerPointP@p @Ȱ@0}q GS;  )'  A  """)))UUUMMMBBB999|PP3f333f3333f3ffffff3f̙3ff333f333333333f33333333f33f3ff3f3f3f3333f33̙33333f333333f3333f3ffffff3f33ff3f3f3f3fff3ffffffffff3ffff̙fff3fffff3fff333f3f3ff3ff33f̙̙3̙ff̙̙̙3f̙3f333f3333f3ffffff3f̙3f3f3f333f3333f3ffffff3f̙3f3ffffffffff!___www 4'A x@(xKʦ """)))UUUMMMBBB999|PP3f3333f333ff3fffff3f3f̙f3333f3333333333f3333333f3f33ff3f3f3f3333f3333333f3̙33333f333ff3ffffff3f33f3ff3f3f3ffff3fffffffff3fffffff3f̙ffff3ff333f3ff33fff33f3ff̙3f3f3333f333ff3fffff̙̙3̙f̙̙̙3f̙3f3f3333f333ff3fffff3f3f̙3ffffffffff!___wwwfCCgLngCflee=CEFL>"B`___"F&___<>%?=<<_______af=<______<<__<<__________<<<__f_____<_________<<<<<<<<____<__<__<_<<<_<<<_<<_?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~Root EntrydO)( Pictures-.Current User JSummaryInformation(TPowerPoint Document(QxDocumentSummaryInformation8     l !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijkmnopqrstuvwxyz{|}.  @n?" dd@  @@`` @8"d+    "O2$O, Ů tsX&C2$WNDC2$~{:$"l8l2$ (G7{/EN 0AA *6@*63ʚ;ʚ;g4ZdZd  0ppp@ <4ddddLqt 0& 80___PPT10 ppforeseechange January 2003$  Contents Summary Australian Dollar Australian Dollar - TWI Australian Dollar - $US  Australian Dollar   Interest Rates    Cash Rate   GDP  GDP  CPI  CPI  Index of Consumer Sentiment Index of Consumer Sentiment Future Issues of BEFORE _  !p_(  pr p S /o `}  o |  ` !p #"." ` p <x?@ 7` lJun, Dec    @` p <*x? 7@  )Consumer Willingness and Ability to Spend**)  @` p <x?@ `7 eAll  @` p <x?  @ 7 }Index of Consumer Sentiment  @` p <#x?@ M `  tDec, Mar, Jun, Sep  @` p <POx? M @  eCPI  @`  p <<~x?@ `M  tJan, Apr, Jul, Oct  @`  p <Tx? @ M  eGDP  @`  p <X&T?@ ` tJan, Apr, Jul, Oct  @`  p <NT? @  pInterest Rates  @`  p <\\T?@ ` eAll  @` p <mT? @  d$A  @` p <diT?@ ` gMonth  @` p <(DT? @  tActivity/Indicator  @``B p 0o ? `ZB p s *1 ? `ZB p s *1 ? `ZB p s *1 ? `ZB p s *1 ? M `M ZB p s *1 ?  ` ZB p s *1 ? 7`7`B p 0o ? ``B p 0o ?  ZB p s *1 ?@ @ `B p 0o ?``H p 0޽h ? 3380___PPT10.`Xr@GbR Ge ( / 0LDArial& 0 0"@ .  @n?" dd@  @@`` @8"d+     ՜.+,D՜.+,8    On-screen ShowforeseechangeQxt ArialDefault Design Australian Outlook January 2003 ContentsSummaryAustralian DollarAustralian Dollar - TWIAustralian Dollar - $US(Australian Dollar (average for quarter)Interest Rates Cash RateGDPGDPCPICPIIndex of Consumer SentimentIndex of Consumer SentimentFuture Issues of BEFORE  Fonts UsedDesign Template Slide Titles&_-xCharlie NelsonCharlie Nelson 8@ _PID_HLINKSA  @` p <mT? @  f$A  @` p <diT?@ ` kMonth  @` p <(DT? @  xActivity/Indicator  @``B p 0o ? `ZB p s *1 ? `ZB p s *1 ? `ZB p s *1 ? `ZB p s *1 ? M `M ZB p s *1 ?  ` ZB p s *1 ?  ` `B p 0o ? ``B p 0o ?  ZB p s *1 ?@ @ `B p 0o ?``H p 0޽h ? 3380___PPT10.`Xr[q}| 7q ( / 0LDArial& 0 0"@ .  @n?" dd@  @@`` 8&+ ' '_o_=oNʝ~ۄ$<Oד|ҏއ?= |u~oFouW?*Wi[ߋ.2}ɧiӟg_bIyE٧ϾH|x*[^ӽW|vߝ}{_3{oĞw|gZ|g_O?'/?x_܏wwwڏ'v~{o[$/W?"?kG?)kݿ?)^~WvG?яNwQae)'?ٯN[񟡏fzf_?;v;~?Ͼ[F~meV2;O|>tllY}d'쌝+vj٘MYt5Xb5{vȎ)+Kv{b+`h=vXfw:l&,,gv U-k61[`σgiv*5`o׃;b9Vdevzlf,  %YbUVcMl,lw#!KSgYuY=9EbYcXuXM،^KcIv9b쑍ٔE?vȎ)+Kv{b+vIJ.5c-aC6aM?29[dm6`c`-?f,JnX=>9[I_BX+2fub=6d3ֿmcIagXX=Kֿ%{`]gOlo˲`evzlf,;ǒ,k+_=oɳɳ?yKve5fl̦,,=;d씕%auو=hx4;`G,ˊ];b6dY [ ;avΪ5Y ؘ-Xy޳4;fyVbvوzX+2fub=6d3ۉ{ǒ,X]*&{d6e 쐥)˳KVaϞ؜_{"K,˱ Vfw:&lb/$;ag][Vcmlʢq;d씕%auو=WJ;bYVdݱ!Ȧmgv U-k61[mKcg%Va7X؜$/,ŎXY]:kl߶$˰3V`WjـMق%^kcivU=k.'6g7FXeY]2cua=6a3ѿcIg_=oWgկ7?WΛplf}d'쌝+vj٘MYt5Xb5{vȎ)+Kv{b+`h=vXfw:l&,,gv U-k61[`σgiv*5`o׃;b9Vdevzlf,  %YbUVcMl,lw#!KSgYuY=9EbYcXuXM،^KcIv9b쑍ٔE?vȎ)+Kv{b+vIJ.5c-aC6aM?29[dm6`c`-?f,JnX=>9[I_BX+2fub=6d3ֿmcIagXX=Kֿ%{`]gOlo˲`evzlf,;ǒ,S_ykg?^|k_}8oyΛY3vή-6{dc6e``!;f. gF쉭Dţ;bYVdݱ!ZZwle +sVellσ>1˳`FlVփ]RX5!H,N,;dv UY5#)[Fݍ`,NY] g e},"XeY]2cua=6a3{/% ;cݲkG6fS_\!;f. gF쉭ҿW˲"`쎵X لE6oS>˰V`nYـقEoKX<+ a ll% c)vrYؐXd[%YbUVcMl,Z^KSgYuY=9ѿ7R,r삕 ؎KΏ׾zɳXy7?p1˳`FlVփ]RX5!H,N,;dv UY5#)[Fݍ`,NY] g e},"XeY]2cua=6a3{/% ;cݲkG6fS_\!;f. gF쉭ҿW˲"`쎵X لE6oS>˰V`nYـقEoKX<+ a ll% c)vrYؐXd[%YbUVcMl,Z^KSgYuY=9ѿ7R,r삕 ؎KΟƾzl9[I_BX+2fub=6d3ֿmcIagXX=Kֿ%{`]gOlo˲`evzlf,;ǒ,7ss77~͏>7Ἑ `,N;gWX=1jjSVbݳe#V`{,+ vXuؐMXd-Xl-;29[dm6`c`v{YU kg#6g+ޮc)vrYؐX$l'K ;cvŪƚ ؔ-Xb#FCf,.Yݳ>{bs`,Ų,.Xݱ:Կǒ석svnY#)/SVbݳe#V^+ceY]kvZÆl"le +sVell[,͎YXݰ{`}6bsп;b9Vdevzlf,ǒ,X]*&{d6e x)˳KVaϞ؜c)e9vY؄XlGv%Yf77z$1yIO_}8o$ys%ΛY3vή-6{dc6e``!;f. gF쉭Dţ;bYVdݱ!ZZwle +sVellσ>1˳`FlVփ]RX5!H,N,;dv UY5#)[Fݍ`,NY] g e},"XeY]2cua=6a3{/% ;cݲkG6fS_\!;f. gF쉭ҿW˲"`쎵X لE6oS>˰V`nYـقEoKX<+ a ll% c)vrYؐXd[%YbUVcMl,Z^KSgYuY=9ѿ7R,r삕 ؎K'7;ۓg7;_}8oyΛY3vή-6{dc6e``!;f. gF쉭Dţ;bYVdݱ!ZZwle +sVellσ>1˳`FlVփ]RX5!H,N,;dv UY5#)[Fݍ`,NY] g e},"XeY]2cua=6a3{/% ;cݲkG6fS_\!;f. gF쉭ҿW˲"`쎵X لE6oS>˰V`nYـقEoKX<+ a ll% c)vrYؐXd[%YbUVcMl,Z^KSgYuY=9ѿ7R,r삕 ؎KNg?z3yGo~7_}8o߄fM8ogIv9b쑍ٔEW%Vg옝d7=.' ceY]kvZÆl"kbkޱ}a'Yݲ&k><{f,JnX=>9[Yv=K#cEVf׬Zdžl"`;`Xe++Ve5dllv74;eyv*5X`o_;`)e9vY؄X?d'쌝+vj٘MY4qc옝d7=.'J^;`G,ˊ];b6dԿMc,NX*eMf6f ҿ-civ*5%˱"+kVg-cC6cm?dv UY5#)[k{,NY] g e},FK,˱ Vfw:&lb;,2;|?y?y3y8o?`,N;gWX=1jjSVbݳe#V`{,+ vXuؐMXd-Xl-;29[dm6`c`v{YU kg#6g+ޮc)vrYؐX$l'K ;cvŪƚ ؔ-Xb#FCf,.Yݳ>{bs`,Ų,.Xݱ:Կǒ석svnY#)/SVbݳe#V^+ceY]kvZÆl"le +sVell[,͎YXݰ{`}6bsп;b9Vdevzlf,ǒ,X]*&{d6e x)˳KVaϞ؜c)e9vY؄XlGv%Yf?ys;gys;_}8oƾΛf}d'쌝+vj٘MYt5Xb5{vȎ)+Kv{b+`h=vXfw:l&,,gv U-k61[`σgiv*5`o׃;b9Vdevzlf,  %YbUVcMl,lw#!KSgYuY=9EbYcXuXM،^KcIv9b쑍ٔE?vȎ)+Kv{b+vIJ.5c-aC6aM?29[dm6`c`-?f,JnX=>9[I_BX+2fub=6d3ֿmcIagXX=Kֿ%{`]gOlo˲`evzlf,;ǒ,񝯞7{o'zo~y67oy3>Kve5fl̦,,=;d씕%auو=hx4;`G,ˊ];b6dY [ ;avΪ5Y ؘ-Xy޳4;fyVbvوzX+2fub=6d3ۉ{ǒ,X]*&{d6e 쐥)˳KVaϞ؜_{"K,˱ Vfw:&lb/$;ag][Vcmlʢq;d씕%auو=WJ;bYVdݱ!Ȧmgv U-k61[mKcg%Va7X؜$/,ŎXY]:kl߶$˰3V`WjـMق%^kcivU=k.'6g7FXeY]2cua=6a3ѿcIy7yyՇf{Y^8ogIv9b쑍ٔEW%Vg옝d7=.' ceY]kvZÆl"kbkޱ}a'Yݲ&k><{f,JnX=>9[Yv=K#cEVf׬Zdžl"`;`Xe++Ve5dllv74;eyv*5X`o_;`)e9vY؄X?d'쌝+vj٘MY4qc옝d7=.'J^;`G,ˊ];b6dԿMc,NX*eMf6f ҿ-civ*5%˱"+kVg-cC6cm?dv UY5#)[k{,NY] g e},FK,˱ Vfw:&lb;,2;7gwwv~ݏ>7Ἑ `,N;gWX=1jjSVbݳe#V`{,+ vXuؐMXd-Xl-;29[dm6`c`v{YU kg#6g+ޮc)vrYؐX$l'K ;cvŪƚ ؔ-Xb#FCf,.Yݳ>{bs`,Ų,.Xݱ:Կǒ석svnY#)/SVbݳe#V^+ceY]kvZÆl"le +sVell[,͎YXݰ{`}6bsп;b9Vdevzlf,ǒ,X]*&{d6e x)˳KVaϞ؜c)e9vY؄XlGv%YfwvzgՇfἙa8ogIv9b쑍ٔEW%Vg옝d7=.' ceY]kvZÆl"kbkޱ}a'Yݲ&k><{f,JnX=>9[Yv=K#cEVf׬Zdžl"`;`Xe++Ve5dllv74;eyv*5X`o_;`)e9vY؄X?d'쌝+vj٘MY4qc옝d7=.'J^;`G,ˊ];b6dԿMc,NX*eMf6f ҿ-civ*5%˱"+kVg-cC6cm?dv UY5#)[k{,NY] g e},FK,˱ Vfw:&lb;,2;rk5Y ؘ-Xt%J,͎YXݰ{`}6bs,gX+2fub=6d3,gޱ$˰3V`WjـMق%V;divU=k.'6gh`,Ų,.Xݱ:Y ϒ석svnY#)>x=;d씕%auو=``{,+ vXuؐMX$, ;avΪ5Y ؘ-XtC61˳`FlV^ c)vrՙ׎ؐX?dv UY5#)[D\V=k.'6gWJXeY]2cua=6a3ԿMcs(z9b쑍ٔEoK!;f. gFyboYz-k61[0+[,͎YXݰ{`}6bsfE{aVRX5!0+[w,2kG6`S`aV\`,NY] g e},̊ vR,r삕 0+ZZ}d'쌝+vj٘MY-WySVbݳe#¬hZ;bYVdݱ!0+ZV,;29[dm6`c`aVQYU kg#6gaVQ/˱"+kVg-cC6caVQ/%YbUVcMl,̊?f,.Yݳ>{bsfEz,Ų,.Xݱ: jm'쌝+vj٘MY-WkK!;f. gFeìh;bYVdݱ! b,NX*eͯ=rG1[0+ZYU kg#6gaVQ3c˱"m\:k ?dv UY5#)[v=/w˳KVaϞ؜Yr,Ų,.Xݱ:cYrG$;ag][Vcmlʢ&̊;cvJݰ{lĞX-W˲"`쎵X لE;0+Z(29˾eMf6f fE}civ*50+Z(h˱"+kVg-cC6caVQ??dv UY5#)[_aVQ,NY] g e},̊˲`evzfEݍݍgEݍ0+ W[˫[dm6`c`aV{f,JnX=>9 Fu7X+2fub=6d3fEݍ0+ncIagXX= j;divU=k.'6gaV\hbYcXuXM،Yrւ$;ag][Vcml¬hZσg옝d7=.'fEZ˲"`쎵X لYrbޱ}a'Yݲ&k ?f,JnX=>9 z,ŎXY]:k z,2kG6`S`aV\4;eyv*5X0+Z+c)e9vY؄X-WkSX3vή-6{dc6eaV\-c옝d7=.'fEJ;`G,ˊ];b6dfE>˰V`nYl,̊;4;fyVbvوي j;b9V.WYؐX-wԎ$˰3V`WjـMقYrfEK#cEVf׬Zdžl¬(|K ;cvŪƚ ؔ-X-Wk5!KSgYuY=9 jE˲`evzlf,̊l% ;cݲkG6fSfEz=;d씕%auو=0+Zz=vXfw:l&,̊ ;avΪ5Y ؘ-X-wԆ4;fyVbvوY-w c)vrYؐX-wKcIagXX= j)˳KVaϞ؜Yr^K,˱ Vfw:&l¬hZǒ석svnY#) jm;d씕%auو=0+ZVB;bYVdݱ!0+Zֶ}a'Yݲ&k z,͎YXݰ{`}6bsfEFX+2fub=6d3fE,2kG6`S`aV\y)˳KVaϞ؜Yr,Ų,.Xݱ:t0+Z(d'쌝+vj٘MY-WCvNY]vX j}W;bYVdݱ!0+Z ;av<^w5Y ؘ-X-w1˳`Fl¬hv˱"+kVg-cC6caVQ??dv UY5#)[0abivU=k.'6gaV\/X+;Vgc4+n n}<+nYQ^ll¬(fEѭ,͎YXݰ{`}6bsfEѭ0+n;b9Vdevzlf,̊[aVzǒ,X]*&{d6e fEZ v%{`]gOl¬hZ`,Ų,.Xݱ: jgIv9b쑍ٔYr{1;e%vn={`]6bO,̊l#eEvk jłc,NX*eMf6f fE,͎YXݰ{`}6bsfEBX+2fub=6d3fERXe++Ve5dll¬hZqcivU=k.'6gaV\WR,r삕 0+Z֦$;ag][Vcml¬hZ[1;e%vn={`]6bO,̊?vXfw:l&,̊le +sVell¬h^Kcg%Va7X؜YrG?bG,NJ̮YX ٌYrGK ;cvŪƚ ؔ-X-WscivU=k.'6gaV\oK,˱ Vfw:&l¬hZ?d'쌝+vj٘MYsYrGCvNY]vX j}W;bYVdݱ! b,NX_>w-k61[0+ZKcg%Va7X؜YrGy=bG,NJ̮YX ٌYrG@Xe++Ve5dll~xaVQ,NY] g e},̊˲`evzfEgE0+ W[˫[dm6`c`aVT{f,JnX=>9 vնX+2fub=6d3fE0+mcIagXX= j;divU=k.'6gaV\hbYcXuXM،Yrւ$;ag][Vcml¬hZσg옝d7=.'fEZ˲"`쎵X لYrbޱ}a'Yݲ&k ?f,JnX=>9 z,ŎXY]:k z,2kG6`S`aV\4;eyv*5X0+Z+c)e9vY؄X-WkSX3vή-6{dc6eaV\-c옝d7=.'fEJ;`G,ˊ];b6dfE?29[dm6`c`aVQ1˳`Fl¬hK#cEVf׬Zdžl¬hv%YbUVcMl,̊4;eyv*5X0+ZַX+;Vgc6caV\Kve5fl̦,̊V!;f. gF쉅Yr,+ vXuؐMX-W{Y;gUv˚l,̊;YU kg#6g+6̊RX5!0+ZK ;cvŪƚ ؔ-~_[d;divU=k.'6gaV\/X+;VgcaV_|zgx#Ӄȇ_O>O?_BϿ{߿kݟ~?Dqȗ3O?eϖ/a&aV>,o }~3wYחWɇ?-_x$'ٍ|ׇ|˗?g>>h$lm?k+~ao׭?yf?^m'oE O?^Ϟtx>|`^}o~şRtc/֋$/?axcEl~' _UgonA|Go7_voĿz;_lWVw??/}?z}w%W~>|gVϭ _o6^K,>맕J8|=Z|}ߣux*>[I=1I|n%b%;{>],?׉,13q8\${%F7 _HTV{6xq7F{qN"n QLܮɵoE|B۶8n+?$8zHBW2V ˡ[}!H!kBAPFh39PFe!l9&X3#F`:m.C =:ONć^W?YDicCƅX? XXd!>4Ͷf+enMȌiĭ(ךQ_rUq˜!>`Hb<gxo0RW1c]r]RܸК1/-a¸/ k,hN$3*т1>ԙ(QP'mXҐLalFR%iKhHF֌1~X^7( ~P^<â)?odFQ ܚQ'!(chQ{ }Ba6E=PhH|/y?tVixT;(QuhÃVa[rSǜ,0(s|!#>֚YT0h36x0F%nw=Z3*(V(Ho5Ƹ`ׄR2' ʨFL4^{&E֧xUpkke:QRѩ'j6ϩR.Q^TW<۱ݣ]dFk{ݚN(&ɳJ݃֓LR IUSU5:2T5q\:YNʒ㶴ސdƼ4~& =<3Fa`eƐ|t,CfrFNdŘbLLY\MN޾7m,'7Waf;%>xYTyN\tVX &#hhhx^"hp%ޔ@)vvWAUcUcݍv7h IЄ$hhh2ˀ3I= L4s9}yvugw~ϱ_.cmk¾+:u\;fbߛވ-1ac6ш˼ 6Ns"N{N{9fgaۻS知6[(2wP-6[c6kx(2_'l@(f{nV̴El=Qb.brl<=fHߧצM:6s.4 ޤc& 7IM:o0x4 ޤc& 7IM:o0x4 ޤc& 7IM:o0x4 ޤc& 7IM:o0x4 ޤc& 7IMv>bV`v=kg1w%{tc1TM{ 6tw5pЬeמܺ7S2|k﬌` U ZnbG!&gab6 g[6#FJqw~\6Tt5ϔpw2z#>} :/Ftw?\"W._1#|1C2о4oVp"%eL\i`!5jƾ0F1j0#nl$60ZDjxڴAh+wte[e[xf|>_n?BݏkV+V$|ww?;HO?\[/vzO~9ٟD"ǿx*}[|U#uUTW?y'+~#}~g|w?_>~gu;w?_>wֳ?:>y$R]#n}ֿk}|/O{O}?ӿO+ߋ/mE_Ix+^~;ލ^}~3~_>D~3ٿ~Y~z/~ߙ_ݱՏ߳|7|~-^؏ ./G[>g?ÿ;T9/YqΫݯ*k׏#?ӟg_9??O>O+_ ~_'gȯ~_a_qaw}ExE>}}.ʟ?m4bVa5bO셽[R`,.YY5#wۏ;a][vzM؜ŗ}\vX]Vaub]lb++)˲KVbelĦ,,쐝 `EvY= ă>cf9V`7u;X vR,Ī={g`9˰kVdw잵3{eC6g ?vXX=fl KKKgeVeMl%6oS9`ݱk{e6g-?vrݰ 6f3ֿmc,.YkhRNX]"eY لEvoG1K+Vcuĺ썍قvoWXeYX=Ga6b,{Y]"c͞+?7??|>le36a36a3;civ jŞ {c3`ɥ`KNY]<+*kGg6e,  vf5X+9/옝b7ź셍ٌV%WSe5YوMYt5Xb5!;avݳ{f=6dǃ}b,rnX76f [ v숥XYU{d6`#΢׃sa׬=kgʆl"쌥+ {b/؂%?b,ʬʚـM;Klߦsv-c f=&l[aVg-e/lf,NY]+dg#6eѤ% `EvY= ߎcf9V`7u߮˲<+*{`lYtO􏝳 fEvY=W6df7>|}{f}1K+V`Vc-^K.;X vRYUY=>){gXXv.5ewڬ^لY|9`aVg-e/lf,,숝,d%Vf:Flʢ ˰ Vd53!H)&/e+[vؐMXdGv4˱a5VgOؘ-XlWvXYU{d6`#΢{e5+;v왽!هo>o6G_߾lُf(l`g,ͮXUX{aol,`))KKgeVeMl%bcN9`ݱk{e6g`3cWUXX1JJ#vʲ쒕X=&>)K;d',.Xݲ{`Ϭdžl"`xO옥Y :{b]lbkւ˲<+*{`lYt=zCv2gm^ِYdC6􏝱4bVa5bO셽[dBRYUY=>){gM?v.5ewڬ^لY|K􏝱b7ź셍ٌŶo[)˲KVbelĦ,Կan=kgcC6a?v, X=.{cc`]?bYg%Veu؀;ߞsa׬=kgʆl77Flf3nľ}ٌX،X،X]k'،-Xr)RSb,ʬʚـM;KĂǂsv-c f=&l>.;fg,Ǯ :k.{ac6c`ɕ`Ge%+2{`Ma}6bS] X vNX]"eY لE`1K+Vcuĺ썍قւ;b)eyVbUY ؈z`e5+;v왽!Ȇm;civ jŞ {c3`Ʉ%%˳2&{d}6`S]kvXY m;c9vnXYu m߶Se5YوMY4Ic',.Xݲ{`Ϭdžl";옥Y :{b]lb,Ų,J#wӿ=c,îYݱ{f |o#W>o6_]e3/x6c3fW*Z쉽76c \ v씥%˳2&{d}6`S``']kvXY r˱+v*Z^ؘXl%Xr%;eYvJXuXؔEW%Van=kgcC6axx<'v, X=.{cc``kXeYX=Ga6b,l=!;gv͊ݳ6{fl,X]k'،-X2 c)v̪Y ؔĦm;gݲ;`mcl,[X]Vaub]lbe%+2{`Ma}6bSM_R ˰ Vd53!Ȏ;ficvjΞX1[خK,˳:lFEoO9˰kVdw잵3{eC6ߌ͘[e3fWf̮쌥+ {b/؂%,;e)v̪Y ؔD,~, ;gݲ;`mcl,rcvrݰ 6f3[ \ vNY]+dg#6e``e+[vؐMX$,4˱a5VgOؘ-Xl-Z#bYg%Veu؀;_vY]"c͞+9l߆3fW*Z쉽76c L_BX]<+*kGg6e,f5X+9oߖ3cWUXX1ضm;eYvJXuXؔE?v2-g zl&,;ǎYXݰ'eol,R,Ī={g=?v2gm^ِr+ߌpuf3կo_6cq5lj،X]k'،-Xr)RSb,ʬʚـM;KĂǂsv-c f=&l>.;fg,Ǯ :k.{ac6c`ɕ`Ge%+2{`Ma}6bS] X vNX]"eY لE`1K+Vcuĺ썍قւ;b)eyVbUY ؈z`e5+;v왽!Ȇm;civ jŞ {c3`Ʉ%%˳2&{d}6`S]kvXY m;c9vnXYu m߶Se5YوMY4Ic',.Xݲ{`Ϭdžl";옥Y :{b]lb,Ų,J#wӿ=c,îYݱ{f |~3f'o_6c=6c=6c3fW*Z쉽76c \ v씥%˳2&{d}6`S``']kvXY r˱+v*Z^ؘXl%Xr%;eYvJXuXؔEW%Van=kgcC6axx<'v, X=.{cc``kXeYX=Ga6b,l=!;gv͊ݳ6{fl,X]k'،-X2 c)v̪Y ؔĦm;gݲ;`mcl,[X]Vaub]lbe%+2{`Ma}6bSM_R ˰ Vd53!Ȏ;ficvjΞX1[خK,˳:lFEoO9˰kVdw잵3{eC6'o6|׷/6cg-l`g,ͮXUX{aol,`))KKgeVeMl%bcN9`ݱk{e6g`3cWUXX1JJ#vʲ쒕X=&>)K;d',.Xݲ{`Ϭdžl"`xO옥Y :{b]lbkւ˲<+*{`lYt=zCv2gm^ِYdC6􏝱4bVa5bO셽[dBRYUY=>){gM?v.5ewڬ^لY|K􏝱b7ź셍ٌŶo[)˲KVbelĦ,Կan=kgcC6a?v, X=.{cc`]?bYg%Veu؀;ߞsa׬=kgʆl׾fW_߾lz،4bVa5bO셽[R`,.YY5#wۏ;a][vzM؜ŗ}\vX]Vaub]lb++)˲KVbelĦ,,쐝 `EvY= ă>cf9V`7u;X vR,Ī={g`9˰kVdw잵3{eC6g ?vXX=fl KKKgeVeMl%6oS9`ݱk{e6g-?vrݰ 6f3ֿmc,.YkhRNX]"eY لEvoG1K+Vcuĺ썍قvoWXeYX=Ga6b,{Y]"c͞+޿Zf$>o6c$f\lۗ쌥+ {b/؂%,;e)v̪Y ؔD,~, ;gݲ;`mcl,rcvrݰ 6f3[ \ vNY]+dg#6e``e+[vؐMX$,4˱a5VgOؘ-Xl-Z#bYg%Veu؀;_vY]"c͞+9l߆3fW*Z쉽76c L_BX]<+*kGg6e,f5X+9oߖ3cWUXX1ضm;eYvJXuXؔE?v2-g zl&,;ǎYXݰ'eol,R,Ī={g=?v2gm^ِ"oƟl?|>lƟl~}7f< 1K+V`Vc-^K.;X vRYUY=>){gXXv.5ewڬ^لY|9`aVg-e/lf,,숝,d%Vf:Flʢ ˰ Vd53!H)&/e+[vؐMXdGv4˱a5VgOؘ-XlWvXYU{d6`#΢{e5+;v왽!dol?|>lƿfLo͘ 1K+V`Vc-^K.;X vRYUY=>){gXXv.5ewڬ^لY|9`aVg-e/lf,,숝,d%Vf:Flʢ ˰ Vd53!H)&/e+[vؐMXdGv4˱a5VgOؘ-XlWvXYU{d6`#΢{e5+;v왽!ofo}}QO쌥+ {b/؂%,;e)v̪Y ؔD,~, ;gݲ;`mcl,rcvrݰ 6f3[ \ vNY]+dg#6e``e+[vؐMX$,4˱a5VgOؘ-Xl-Z#bYg%Veu؀;_vY]"c͞+9l߆3fW*Z쉽76c L_BX]<+*kGg6e,f5X+9oߖ3cWUXX1ضm;eYvJXuXؔE?v2-g zl&,;ǎYXݰ'eol,R,Ī={g=?v2gm^ِ?߾49|4fKx 1K+V`Vc-^K.;X vRYUY=>){gXXv.5ewڬ^لY|9`aVg-e/lf,,숝,d%Vf:Flʢ ˰ Vd53!H)&/e+[vؐMXdGv4˱a5VgOؘ-XlWvXYU{d6`#΢{e5+;v왽!i3|;_߾lN،4bVa5bO셽[R`,.YY5#wۏ;a][vzM؜ŗ}\vX]Vaub]lb++)˲KVbelĦ,,쐝 `EvY= ă>cf9V`7u;X vR,Ī={g`9˰kVdw잵3{eC6g ?vXX=fl KKKgeVeMl%6oS9`ݱk{e6g-?vrݰ 6f3ֿmc,.YkhRNX]"eY لEvoG1K+Vcuĺ썍قvoWXeYX=Ga6b,{Y]"c͞+^{_?|>lf8 1K+V`Vc-^K.;X vRYUY=>){gXXv.5ewڬ^لY|9`aVg-e/lf,,숝,d%Vf:Flʢ ˰ Vd53!H)&/e+[vؐMXdGv4˱a5VgOؘ-XlWvXYU{d6`#΢{e5+;v왽!o7|׷/q6|/l`g,ͮXUX{aol,`))KKgeVeMl%bcN9`ݱk{e6g`3cWUXX1JJ#vʲ쒕X=&>)K;d',.Xݲ{`Ϭdžl"`xO옥Y :{b]lbkւ˲<+*{`lYt=zCv2gm^ِYdC6􏝱4bVa5bO셽[dBRYUY=>){gM?v.5ewڬ^لY|K􏝱b7ź셍ٌŶo[)˲KVbelĦ,Կan=kgcC6a?v, X=.{cc`]?bYg%Veu؀;ߞsa׬=kgʆlo1|f G>3fW*Z쉽76c \ v씥%˳2&{d}6`S``']kvXY r˱+v*Z^ؘXl%Xr%;eYvJXuXؔEW%Van=kgcC6axx<'v, X=.{cc``kXeYX=Ga6b,l=!;gv͊ݳ6{fl,X]k'،-X2 c)v̪Y ؔĦm;gݲ;`mcl,[X]Vaub]lbe%+2{`Ma}6bSM_R ˰ Vd53!Ȏ;ficvjΞX1[خK,˳:lFEoO9˰kVdw잵3{eC6|fߜ|ٌ_߾lƓ 7f vXX=flKdyVfUdlY"l?석 vnk6W6as_q91;c9vnXYu K;b,.YkjjCv2-g zl&,ĎYXݰ'eol,`-K,˳:lFE׃;d,îYݱ{f ٜE6oCK+V`Vc-^K&/,.YY5#wԿMc][vzM؜ŷoK˱+v*Z^ؘXl[,d%Vf:FlʢIK;avݳ{f=6dѿc,rnX76f տ]c)eyVbUY ؈;gv͊ݳ6{fl{ߌ>o6o_6cfV،X]k'،-Xr)RSb,ʬʚـM;KĂǂsv-c f=&l>.;fg,Ǯ :k.{ac6c`ɕ`Ge%+2{`Ma}6bS] X vNX]"eY لE`1K+Vcuĺ썍قւ;b)eyVbUY ؈z`e5+;v왽!Ȇm;civ jŞ {c3`Ʉ%%˳2&{d}6`S]kvXY m;c9vnXYu m߶Se5YوMY4Ic',.Xݲ{`Ϭdžl";옥Y :{b]lb,Ų,J#wӿ=c,îYݱ{f |o7?ڟ|ٌhۗX6c3fW*Z쉽76c \ v씥%˳2&{d}6`S``']kvXY r˱+v*Z^ؘXl%Xr%;eYvJXuXؔEW%Van=kgcC6axx<'v, X=.{cc``kXeYX=Ga6b,l=!;gv͊ݳ6{fl,X]k'،-X2 c)v̪Y ؔĦm;gݲ;`mcl,[X]Vaub]lbe%+2{`Ma}6bSM_R ˰ Vd53!Ȏ;ficvjΞX1[خK,˳:lFEoO9˰kVdw잵3{eC6Gߌ>o6?o_6cflv،X]k'،-Xr)RSb,ʬʚـM;KĂǂsv-c f=&l>.;fg,Ǯ :k.{ac6c`ɕ`Ge%+2{`Ma}6bS] X vNX]"eY لE`1K+Vcuĺ썍قւ;b)eyVbUY ؈z`e5+;v왽!Ȇm;civ jŞ {c3`Ʉ%%˳2&{d}6`S]kvXY m;c9vnXYu m߶Se5YوMY4Ic',.Xݲ{`Ϭdžl";옥Y :{b]lb,Ų,J#wӿ=c,îYݱ{f |7cw>o6cw}ٌ>('vXX=flKdyVfUdlY"l?석 vnk6W6as_q91;c9vnXYu K;b,.YkjjCv2-g zl&,ĎYXݰ'eol,`-K,˳:lFE׃;d,îYݱ{f ٜE6oCK+V`Vc-^K&/,.YY5#wԿMc][vzM؜ŷoK˱+v*Z^ؘXl[,d%Vf:FlʢIK;avݳ{f=6dѿc,rnX76f տ]c)eyVbUY ؈;gv͊ݳ6{floߌw>o6ݯo_6wfn،X]k'،-Xr)RSb,ʬʚـM;KĂǂsv-c f=&l>.;fg,Ǯ :k.{ac6c`ɕ`Ge%+2{`Ma}6bS] X vNX]"eY لE`1K+Vcuĺ썍قւ;b)eyVbUY ؈z`e5+;v왽!Ȇm;civ jŞ {c3`Ʉ%%˳2&{d}6`S]kvXY m;c9vnXYu m߶Se5YوMY4Ic',.Xݲ{`Ϭdžl";옥Y :{b]lb,Ų,J#wӿ=c,îYݱ{f |_7ߛ|ٌ~ۗ#6c3fW*Z쉽76c \ v씥%˳2&{d}6`S``']kvXY r˱+v*Z^ؘXl%Xr%;eYvJXuXؔEW%Van=kgcC6axx<'v, X=.{cc``kXeYX=Ga6b,l=!;gv͊ݳ6{fl,X]k'،-X2 c)v̪Y ؔĦm;gݲ;`mcl,[X]Vaub]lbe%+2{`Ma}6bSM_R ˰ Vd53!Ȏ;ficvjΞX1[خK,˳:lFEoO9˰kVdw잵3{eC6{ߌ?|ٌ?e38lƣ쌥+ {b/؂%,;e)v̪Y ؔD,~, ;gݲ;`mcl,rcvrݰ 6f3[ \ vNY]+dg#6e``e+[vؐMX$,4˱a5VgOؘ-Xl-Z#bYg%Veu؀;_vY]"c͞+9l߆3fW*Z쉽76c L_BX]<+*kGg6e,f5X+9oߖ3cWUXX1ضm;eYvJXuXؔE?v2-g zl&,;ǎYXݰ'eol,R,Ī={g=?v2gm^ِ72|O}ٌ͘I،X]k'،-Xr)RSb,ʬʚـM;KĂǂsv-c f=&l>.;fg,Ǯ :k.{ac6c`ɕ`Ge%+2{`Ma}6bS] X vNX]"eY لE`1K+Vcuĺ썍قւ;b)eyVbUY ؈z`e5+;v왽!Ȇm;civ jŞ {c3`Ʉ%%˳2&{d}6`S]kvXY m;c9vnXYu m߶Se5YوMY4Ic',.Xݲ{`Ϭdžl";옥Y :{b]lb,Ų,J#wӿ=c,îYݱ{f |oq]wiכ4~.}aO쌥+ {b/؂%NY]<+*kGg6e,!`']kvXY }Qcvrݰ 6f3[ \ vNY]+dg#6eXD,!;avݳ{f=6dY_4˱a5VgOؘ-Xl%J#bYg%Veu؀?yy~9\As'a6f<[el3Vww:Yblͱv>;e,8Z 6f2[clsZ?0d3l-ˎksNφflmvNYcp{ gSl-lvcY/`clͳ%;fualM9&gG5v8:6f[c/;dfr%bl6VeuuNÆ(fslNK 6f2[cN9 5_Ǻfl-Uv1,ц;!6"[alS{ gSl-lvyFBC/`clͳ%;fu:ug6 6:d]ο?gllsvu^6 glvsc Q6 [g;l wcl)6˖f{석Ǻfl-Uv1;cw>p}c 6 d;숝: 8b ld쐝93j`clͳ%|ӏ˳5Sy\S=5\G!6ʦ[alSvi̞^n6Felm=vY=5\s0d3l-ˎ+jn{:Y?bl-v;eeTVCclM^mvNX=UX {zcl- 1+j}ĞFclm}v.X=UWbOY7c#lͲ^=vY=UWTs'a6f<[el3VfOu:Yblͱv>;e̞jqn6Felm=vY=Uc]l I6Ö*b옝2{v:Y?bl-v;eeTVp q62{ɶ!;aeTV=glI6ϖb옕S[ǞFclm}v.X=UWTu>6,[`k%c윕SuE%bl6Ve쌕SuEuNÆ(fslN+juA6¦,[fklvڭu6& [blcvڭ{?`lMÎ)+jq q62{ɶ!;aeT}lʦ^6$gKlmvڭwa4&[dl#v쩺8X7c#lͲ^=vY=UWCbl6Ve쌕SuEc Q6 [g;l VfOncl)6˖f{석2{vu6& [blcvڭ!6"[alSVfOn}c/Xdl-emCvڭ?{MlMy6X=2}u7>n>xqgO7/ir3\fONÆ(fslN+2{h~ aSl-5 ;ge4\fOY`lͰ%ʶ.;fg̞ݺUdlMiV&aG씕S[ Ş q62{ɶ!;aeTVc'9elMy6;`Ǭ̞j*{zX?el-u`eT]Q})f}lYK9+j.u^6 glv쩺8X'aClM9g삕S[-?blmN9+jZ a6f[e[l3VfOn9X'gClME6;b̞ ?A6Φ[f/6;d'̞jw笗 16`[2{v+:3(`slMώ+pnF8e ld{쐝2{c] 16*`쀝2{?zelu)`eTVvn6Felm=vY=UUs.6$aKlm]vX=Uu:Y?bl-v;eeT;?A6Φ[f/6;d'̞ݺcY/`clͳ%;feTֻ?0voel-u`eT]Qu>6,[`k%c윕SuEy~z0c3l +\X'aClM9g%2{(blmN9+j9X`lͰ%ʶ.;fg쎦b=UWdlMiV&aG5j=/Xdl-emCvn2{(}lMy6X=2}=}wZ<{NK{OO-e#zelu)`e̞`l)6˖f{석2{zRfOO[.6$aKlm]vX=Uu3`lMÎ)+j=e/Xdl-emCvڭbOsdlm-vY=UT#~6&[dl#v쩺nk{nF8e ld{쐝2{bOXelͰy6.;`g̞+u6F4c+l}v.X=Ucl)6˖f{석2{vǺfl-Uv1;ceTVu~6&4[d+l#vڭc/Xdl-emCvڭv{zcl- 1+j=c= 6:d]2{f}lYK9+J?z0c3l +ꊺc Q6 [g;l VfOneflMY6c'윕S[5blMVe쌕S[!6"[alSVfOnc/Xdl-emCvڭ?6&<[blcVfOncXglͱE6>;b̞+u>6,[`k%c윕SuE=t.ˆalm]vX=UW~:Yblͱv>;e,yW=UWflMY6c'윕S[ a6f[e[l3vdz,쩺X'gClME6;bQ#̞~A6Φ[f/6;d'^=UW{>o 16`ejY֯4B[쩼o+֏X'aClM9g삕Yk=`l)6˖f{석2{:k-笋 a6f[e[l3VfOn*u~6&4[d+l#vڭnA6Φ[f/6;d'̞j,=glI6ϖb옕S[M>bXglͱE6>;b̞+v6f[c/;d̞+z0c3l +ꊺc Q6 [g;l VfOn8X7d#lͲeƶ;a̞ju.6$aKlm]vX=Uc 6 d;숝2{v+8 8b ld쐝2{vǞ^6$gKlmvڭcXglͱE6>;b̞+ǺYal-5Cv쩺u^6 glv쩺:X'aClM9g삕S[Ǻ aSl-5 ;geTVǺfl-Uv1;ceT=dlMiV&aG씕S[8 8b ld쐝2{v=glI6ϖb옕S[:3(`slMώ+zcݬq6{!;geT]Qa6f<[el3VfOu6F4c+l}v.X=U/X7d#lͲeƶ;a̞zc]l I6Ö*b옝2{vsENφflmvNY=UUU gSl-lVfOnykFvI6ϖbW͞6xZAk{^7_houUN6[uu.׭ttիI̸^;}ث׽uO>'u?W꟟T?/UoQ=ZKW?ȧ3]fӝ?4/RM֟>6 IK[㶥M7㦛o6p߿?t-7k?n{[?likmw ێS]؝F:now^ zu+Pퟤ?PGz ;n}4--ǻyo? ?J}O\ϼ}w3=իgn}+o]V,ᠹf督ˊ_^gwN߰Ɠ潛37^y橛_cy~fkL6o5ׯ1tV4sMMKoXcܭn][;o~aq54Ɲ71ز𲥯5FZZ^YkWc5kԵ=oi;y6N5^ƳƉׯVb]kxkӦs׬qv,a8uQǣWo_Ha5Wׯq/.5OĮ(7ׯ1;ǃk֘7ܱsfsz;_c/<]\akyRkly'-g-W~rܾ5Ndko֫8c]OZ_qzgumq k*Q=hlz0{^Fݧa5k }Vaَc0\BZ8 _}}5{ۗoOL5p~߰FHq,݋לi4lkXl[f8׶5::|wvtLܽsla7#T1_4M ݛGy5vް|kΠ4S;N]7UUߙzMQwb%_׬φ7g-{͟L)v_c5=j]foXeAok߃kQ-Zs,t=~xkp5z4s=m=\J_L{u]|{{w{}.Yc(߰tz(>z?^_w[7|ύ?7]|+_~ܾ}ɧ+]_}W7՚_׿>/_~xwfY[7}O[qc{ҍ2_ΊF}3߯^V3eṋƵ^hEm򭝶ymQۣ Ql{r9![7[/m0q㯷ח:n]ӍֽKvxim痶vL.P7FƒKۻl@u]o gwoc '4_ѣ+WZWb\~UףXNcׯ1}wYc"~fލ^}}~ }yX|³{_goݻ幅v?,Û~RWb'yz'gշ5ny~[w.yf\sN{OsZ~|myO|VWVWo?{|kWjnϧ>;U_]|UXarڭckU+wݚ;VܱvkXrڭckU+wݚ;VܱvkXrڭckU+wݚ;VܱvkXrڭckU+wݚ;VܱvkXrڭckU+wݚ;VܱvkXrڭckU+wݚ;VܱvkXrڭckU+wݚ;VܱvkXrڭcUo}C>ggJyȳ~m6h6;Q6Fsu7ybiG>b_?NG"+qV>.ݾz=6|z=ި÷~ֳī; UMUoU'̽'7髾[wWGU?_;᛿y_U^~ݟ+uTU?۟Z?]GRwW_\u{z`6m6QS5=.W׽zן}(75އtzM>Q>j/y㚯 ;vÛ_#|7`O/O;- eݰpՓ+'!Me&0paY/Y;ÿ{{]=5}~ou4zͽ[[˯cŹa5Ӡ;[Ko]1hczڞ[nAGޯWx_ŏW7M*ʖ;?\zD ۟MMaF S";:JFIFHHC  !"$"$Ch" }!1AQa"q2#BR$3br %&'()*456789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz w!1AQaq"2B  @#$o2$O, Ů tsX&C2$WNDC2$~{:$"l8l2$ (G7{/EN2$ݛSg(B Ct2$ƾ0F1j0#=jҷ 0AA *6@*63ʚ;ʚ;g4ZdZd  0ppp@ <4ddddLqt 0& 80___PPT10 pp? -O  =Sforeseechange January 2003$  Contents Summary Australian Dollar Australian Dollar - TWI Australian Dollar - $US  'Australian Dollar (average for quarter)(( '   Interest Rates    Cash Rate   GDP  GDP  CPI  CPI  Index of Consumer Sentiment Index of Consumer Sentiment Future Issues of BEFORE   ` 33` Sf3f` 33g` f` www3PP` ZXdbmo` \ғ3y`Ӣ` 3f3ff` 3f3FKf` hk]wwwfܹ` ff>>\`Y{ff` R>&- {p_/̴>?" dd@,|?" dd@   " @ ` n?" dd@   @@``PR    @ ` ` p>> f(    6b  `}  T Click to edit Master title style! !  0\  `  RClick to edit Master text styles Second level Third level Fourth level Fifth level!     S  0 ^ `  >*  0 ^   @*  0 ^ `  @*H  0޽h ? 3380___PPT10.0X Default Design0 zr@ (    0WT P    P*    0@o     R*  d  c $ ?    0  0  RClick to edit Master text styles Second level Third level Fourth level Fifth level!     S  6 _P   P*    6D _   R*  H  0޽h ? 3380___PPT10.ò0l  `&(  r  S ,tx `}  x   ` & #"2&dededded `  <v? ` h16  @`  <ln?   {Future Issues of BEFORE  @`  <Xf? J `  h14  @`  <D^? J  Index of Consumer Sentiment  @`  <0V? `J  h12  @`  <N?  J  gCPI  @`  <F? `  h10  @`  <=?   gGDP  @`   <5? `  g8  @`   <@.?   rInterest Rates  @`   <&? ` g4  @`   <T?   uAustralian Dollar  @`   <$rT? T` g3  @`  <T? T  kSummary  @`  <LT? `T r Slide Number     @`  <?  T xActivity/Indicator  @``B  0o ? `ZB  s *1 ? T`TZB  s *1 ? `ZB  s *1 ? `ZB  s *1 ?  ` ZB  s *1 ?  ` ZB  s *1 ? J `J ZB  s *1 ?  ` `B  0o ? ``B  0o ?  ZB   s *1 ?  `B ! 0o ?``H  0޽h ? 3380___PPT10.`W  ^V$?8(  8r 8 S Yx `}  x <|  ` ?8 #"." ` 8 <M? ` k0.561  @` 8 <vM?  j51.9  @` 8 <nM?   jJun 04  @` 8 <fM?R `  k0.559  @` 8 <`^M?R   j51.7  @` 8 <8VM? R   jMar 04  @` 8 <NM? `R  k0.555  @` 8 <EM? R  j51.2  @` 8 <4>M?  R  jDec 03  @` 8 < 6M?$ `  k0.551  @` 8 <o?$   j50.6  @` 8 <4o? $   jSep 03  @` 8 <o?`$  k0.554  @`  8 <o?$  j50.5  @`  8 <HT? $  jJun 03  @`  8 <T?` k0.560  @`  8 <L? j51.3  @`  8 <?  jMar 03  @` 8 <?` |$US (Dec 02 = 0.558)  @` 8 <? {TWI (Dec 02 = 51.9)  @` 8 <M?  kQuarter  @``B 8 0o ? `ZB 8 s *1 ? `ZB 8 s *1 ? `ZB 8 s *1 ? $ `$ ZB 8 s *1 ?  ` ZB  8 s *1 ? R `R ZB !8 s *1 ?  ` `B "8 0o ? ``B #8 0o ?  ZB $8 s *1 ?ZB %8 s *1 ?`B &8 0o ?``H 8 0޽h ? 3380___PPT10.Ѐ!UF  DF(  Dr D S T `}  T  D TA ? TH D 0޽h ? 3380___PPT10.VhF  hF(  hr h S x `}  x  h TA ? TH h 0޽h ? 3380___PPT10.`tr4 >< u k (   Dwww.futuretoolkit.com/currency.pdfRhttp://www.futuretoolkit.com/currency.pdf/ 0LDArial& 0 0"@ .  @n?" dd@  @@`` 8&+ '   @#$o2$O, Ů tsX&C2$WNDC2$~{:$"l8l2$ (G7{/EN2$ݛSg(B Ct2$ƾ0F1j0#=jҷ 0AA *6@*63ʚ;ʚ;g4ZdZd  0ppp@ <4ddddLqt 0& 80___PPT10 pp? -O  =foreseechange January 2003$  Contents Summary Australian Dollar The Australian dollar rose slightly in late 2002, following an upgrading of Australia s debt rating and a cut in US interest rates The Australian dollar is expected to remain steady over the next 12 months Rising Australian interest rates and improved expectations for world growth (reflected in commodity prices) could lift the $A slightly Rising US interest rates could bring about a fall in the $A But the poor climate for R&D in Australia is likely to limit the upside opportunity (see our research paper at www.futuretoolkit.com/currency.pdf) Much depends on the value of the US dollar too It declined by 10% to 17% against major currencies in 2002 The large US current account deficit requires foreign financing \PWP/P|PW/|, "  0"Australian Dollar - TWI Australian Dollar - $US  'Australian Dollar (average for quarter)(( '   Interest Rates The Reserve Bank of Australia (RBA) influences interest rates by setting a target for the cash rate, which is the overnight money market interest rate Domestic activity is strong enough for the RBA to want to lift rates, but they are constrained by the very low interest rates in USA Official interest rates in Australia are 3.5% higher than in USA, the biggest gap since April 1992 Our model predicts that interest rates will rise by 0.5% by mid-2003 and by a further 0.5% by mid-2004BPcPgPcg    Cash Rate   GDP  GDP  CPI  CPI  Index of Consumer Sentiment Index of Consumer Sentiment Future Issues of BEFORE }  $$(  $r $ S x `}  x r $ S Kx ` x H $ 0޽h ? 33___PPT10i.&+D=' = @B +$  0L$(  Lr L S T `}  T r L S @x ` x H L 0޽h ? 3380___PPT10.A|xrg y C3"(   Dwww.futuretoolkit.com/currency.pdfRhttp://www.futuretoolkit.com/currency.pdf/ 0*http://www.futuretoolkit.com/currency.pdf #3Rbr $4%&'()*56789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz ?vtڿ,ck}}:1Zt0lnڿ;bG_ʍSF(vGFأ{AqWjt~TQ={ ݫQ?*v(=\nڿ;ba.7jt~Tm_ʝ1Gd?*6GNG ڿWbQ#_ʍSF(vGFأ{AsO& `ƛTR5>tWc.?kH)د%(%rĢbPRQ\Q9BQK1G(\J)qF( E.(q(.%rĢbPWgtQYNl"Tu'߲9[mQ1\mQ= VO."-HzمQ_:lQEQEQEQEOgV̧ڹl'j)أ&gqSF(L.}[7n Ŀ?3V^g\>|tS OGJ=q)أN rҵqL~?ʼ\'-{G+ri tQE~tu'dӼ?TA?ε1^OC0)5feR#2?TyR7SbNr3ﱔQFԊmhdzγ3|8 ʜ]6>epAISY~?ʸpUjKeI\e%Uv(~ˣ쓹);1]ț1G ^6|@wMۺ) ;+,[Qy|ʟMDOsERzE-&QKE.%2ILDXbi~*/S&(Ə@|x:լ?u?< ͺjڲ,H?We%˪q/I-۶}#8ï6wp0\΅ᶚU3S%H1#~D1E $I@*麤-rn,a2 xT|WNpևޒo "~G;=u]o4 ?r8d˞W(cja A4r}l| i]?P_;,W4c?TR_3ϸRG E-{0sM?wLwtWڶ>;(?>ʟ_W!#[+{(,LDOOOO1K2(P:TK>i IIpX j#I*g|e#y :H5M' !=gB_^o R"_~4(SmC˴ps^#^TU"bvʣxps^A_dT+RSu6}.? ԪfS1J^ɠ?PT?h?> 4袊ǜQE(^73Gw?y# }/;cU>|l;[=E(*)/"]0iB#Q G0f?"? l?D(k;=[=MgѲ>H#B?z*gŵg GsV.|v*_z+ME.uYx Y<-3ZK4?y [X?4Q]Q5qRMVZqUu㈡'f}|,4%|ujVO7gk >4Y[&dvrW :n7oOOoRN1}m~joNjY,JۙV9՝ oY(cjbTIrKmwmɻovsV%9vƍYQ-5WV.4qkcǨiB#QE{^a}^ G[=Eyu4qkcǨiB#QE^a} }2ù<`3Ў5b-3wgꝱ1:9㡢+'*7f$LDArial& 0 0"@ .  @n?" dd@  @@`` 8&+ '   @#$42$O, Ů tsX&C2$WNDC2$~{:$"l8l2$ (G7{/EN2$ݛSg(B Ct2$ƾ0F1j0#=jҷR$S";: " 0AA *6@*63ʚ;ʚ;g4ZdZd  0ppp@ <4ddddLqt 0& 80___PPT10 pp? -O  =foreseechange January 2003$  Contents Summary [There is upwards pressure on consumer prices and on interest rates The value of the Australian dollar is likely to remain within a narrow range GDP growth is expected to slow due to Weak exports, in part influenced by the drought Slowing investment growth, especially housing The biggest threat to discretionary consumption spending, is oil prices<^H^H[ Australian Dollar The Australian dollar rose slightly in late 2002, following an upgrading of Australia s debt rating and a cut in US interest rates The Australian dollar is expected to remain steady over the next 12 months Rising Australian interest rates and improved expectations for world growth (reflected in commodity prices) could lift the $A slightly Rising US interest rates could bring about a fall in the $A But the poor climate for R&D in Australia is likely to limit the upside opportunity (see our research paper at www.futuretoolkit.com/currency.pdf) Much depends on the value of the US dollar too It declined by 10% to 17% against major currencies in 2002 The large US current account deficit requires foreign financing \PWP/P|PW/|, "  0"Australian Dollar - TWI Australian Dollar - $US  'Australian Dollar (average for quarter)(( '   Interest Rates The Reserve Bank of Australia (RBA) influences interest rates by setting a target for the cash rate, which is the overnight money market interest rate Domestic activity is strong enough for the RBA to want to lift rates, but they are constrained by the very low interest rates in USA Official interest rates in Australia are 3.5% higher than in USA, the biggest gap since April 1992 Our model predicts that interest rates will rise by 0.5% by mid-2003 and by a further 0.5% by mid-2004BPcPgPcg    Cash Rate   GDP PAustralia s strong economic growth rate is expected to continue, although there is likely to be a slowdown in late 2003 Slowing investment growth (especially housing) with some recovery during 2004, depending on interest rates Weak export growth, in part caused by drought, with some recovery likely but timing uncertain Strong growth in household consumption spending (which constitutes 60% of GDP) will underpin GDP growthBxZZhZxh  GDP  CPI $Consumer prices are predicted to rise at a faster rate than the RBA s target zone (between 2% and 3% per year) This would put upward pressure on interest rates Influential factors include Oil prices: the recent spike above $30 per barrel, if maintained, will lift the cpi The drought will put upward pressure on food prices The value of the Australian dollar: an increase would tend to hold prices downTo1o1.     CPI  Index of Consumer Sentiment Research by foreseechange and by the RBA shows that the index of consumer sentiment (ICS) tells us nothing about the future of consumer spending Instead, it is like a rear vision mirror: reflecting past economic news So it can be modelled and predicted Some business decision makers believe that it does contain information about the future and use it as an input to decision making For example, increasing production or imports when ICS rises Our model predicts a period of quite steady ICS although, being survey based, it is subject to sampling error It is also volatile, depending as it does on economic news and how that is portrayed in the mediaP$PP=P0PP$=0   Index of Consumer Sentiment Future Issues of BEFORE   ` 33` Sf3f` 33g` f` www3PP` ZXdbmo` \ғ3y`Ӣ` 3f3ff` 3f3FKf` hk]wwwfܹ` ff>>\`Y{ff` R>&- {p_/̴>?" dd@,|?" dd@   " @ ` n?" dd@   @@``PR    @ ` ` p>> B:(    6b  `}  T Click to edit Master title style! !  0\  `  RClick to edit Master text styles Second level Third level Fourth level Fifth level!     S  0 ^ `  >*  0 ^   @*  0 ^ `  @*d  C (Afsclogo#" `'>H  0޽h ? 3380___PPT10.0X Default Design$   $(   r  S x `}  x r  S T;o ` o H  0޽h ? 3380___PPT10.zs$  @$(  @r @ S x `}  x r @ S x ` x H @ 0޽h ? 3380___PPT10.`$  `X$(  Xr X S T `}  T r X S T ` T H X 0޽h ? 3380___PPT10.fse$  d$(  dr d S Dx `}  T r d S !x ` x H d 0޽h ? 3380___PPT10.Pz}  "p}(  pr p S /o `}  o |  ` "p #"." ` p <x?@ ` lJun, Dec    @` p <*x?  @  )Consumer Willingness and Ability to Spend**)  @` p <x?@ `  gAll  @` p <x?  @  Index of Consumer Sentiment  @` p <#x?@ M `  vMar, Jun, Sep, Dec  @` p <POx? M @  gCPI  @`  p <<~x?@ `M  vJan, Apr, Jul, Oct  @`  p <Tx? @ M  gGDP  @`  p <X&T?@ ` vFeb, May, Aug, Nov  @`  p <NT? @  rInterest Rates  @`  p <\\T?@ ` gAll  @` p <mT? @  f$A  @` p <diT?@ ` kMonth  @` p <(DT? @  xActivity/Indicator  @``B p 0o ? `ZB p s *1 ? `ZB p s *1 ? `ZB p s *1 ? `ZB p s *1 ? M `M ZB p s *1 ?  ` ZB p s *1 ?  ` `B p 0o ? ``B p 0o ?  ZB p s *1 ?@ @ `B p 0o ?``H p 0޽h ? 3380___PPT10.`Xr4 $<' h)+-/ qC8"( _<<<<<<<<_<<<_<<<<_