ࡱ> @=iUfhA7\9 {R6.7x]}p\uoZA DrX 0$Չ@&dZ285 $6t& a!Nϴ#IڙRoR,J2 Ǚ$ $LZzѻ{߇>s;A?չyw3JzRPR jk:V^߫TF:niU?oWVy%{}<u:-d\z޲s"{Kz[C}OONzJ+ZuhKz \x}_cZ"| F53vzûQo[3o~931f{ڤRw{QFE_}Ry8l6Z^nO"ߤ6YE@ͷ6Ю>2~Fwܟ&eOz[pN[v{?s7}c1ړgk{wOoר_=u=2OcCzΥ=z[`>A['A9ޏ/rzGr}; ~wlkh,֗rЋh\!nKi?۵5۵# 2ۮ޼?B`zn4z:Gra뮵.r͢3dZz[[믿{e:~e[ ]{MQ~c=l>[2-`l]Oz6l^{ؿpzsgצRO' m)z b#SD޴~ ׂa?Ѣ?V_%د~{㑈1 { >v'ڭc؀s]!~?JNvqkp Wc2YC4BP)l?~ϔ!A'M@Vs4d #ƀ>{_m ?R[p WcZm:K|F̶o5y/]G^y`1{t޷8O%5Cѯ:gy󹆟,/G9Wg[8o)6ksd㷹 ~\ķخy?g'ߨ]I0/qX¿خ[ >k _|q3qv] r` LUJ_FIci~3>?4?lH^ci~s~.0?a;?< 00GsX|O>*Kb@Clm-z]NաSwjxQƆ'G3j €H}=?BӶ 2ۮ>?k"jпt'0Y-}ڶ@@&mD}ө}B?j~L^Dz,Y?oJaRĶְ~l\ΨG.&c?$Ô:?˾R[X?d5H6_gwNP{B\u)mgB]vuM89p5#Sׄk?.5M~.w%؅Ooѿl9]k?.5M~VaB]g_X¿.5c&?Rq?{aB]g_X¿.5c&?RyB0vi_X¿خk>+5M~;񸫈v0?ˍeˁ%#V;j#B]1Y\k3LwaB]gѿl9q[fB]j'jBwPZuM(~Rx0`U+> ?UfB]j75{3v.\5g3053v.\Y Fuz^l.|vַ%IPuS3^hՏIkU]h{V{_Bvv6]yȧlmT̷P5p#?μq3Q0L_0f֌팢o{a[ mڵSLon)X Um~t~'B)ukC?0럍51ˆ1 a*v2BQm]f،u҉:_'ItQÅ[#BVb^CPYZ&^<,TQP&.ԫkăǭ?]W׬zu-/Wר^}(`5a<*⇱ UOeBիeBfիkxj!.ԫeB6Kؙk> UeBa_؅zwK.ԫZ?.ԫP.ԫFb~Py> ~9f` ~?aBzzOVSh}LDz% uPjӨ[oRwk576xwխ;Z]3:<^7u^BsgPsT'49s0%8)|wK:s*ꛉ0ZVOi ~my\纽~\_bg7w?q1BV_ڡoSݝZ}> ?c/cBxS{_s=C)}2|\S9 s]w-uo,4=~zNznW[ ]{ okaB_:ԋDa[W|Q ٳ4o[~aL3wjb=zK3)eW.{~Ao+X|yt[Z_o?iE#Ƃl_v/@?_Ci֞V/@hRpkX?dbzZvĬND:KaNl}7I:Nbsl_AzF, Isҿ-0/OD:1rsO#Cf4zr11AiaGnVN0{rnˁo 1C~]Փ?I9f$~Kaeˁ%BOcܬZ$ O0/1˖KۅnaIʹ6Xڿ'/[,_lzr^aIY7B0/1˖Kۅio&??a;O ߀f";0?a;?00'g{ݳW gLsAJ/o=KkK6ר3<<d/xo%v }6x>}6v-Zzᾏ{]R>ޭ'o=?1R~d/AGTO *Xľw@ś:&yc)uvuL!]::luL똄ln[uL0ˆ1 a:@/#6HUicX::&{k^:[=x#/.Lg8N\dz&`z&cz&L~bnw%؅ |r` b33a#q.L ˖Kۅ ؅ {aBτhѿl9]]0ʙ⇱ =&?eˁ%BcBτ*#{؅ rr` b#3a#q'~v8_;,~kGvg1vgg&5L0 ؅ FywNxvgboƅOBD? OxvgbBa^]虨X߸P|S`z&*V2.4?`i~s=.`z&*}|z&x[: df@We{⇱ Fv!L~f2ל\?]L~˖K?1x)f}WTkØq =_X| \a;i ݟ^Xü5!Wrҁϴs[qk6?cAtb)&vqNuVXAvy>|9Kolc[GEV 7d8$v~"/pBH/lKwYw^zz!u.*aAd} Մwc j ;0cw89v v]M~{Go쳏^ǰqQo qܼ V $P9;k^0uRz]f~oY"=x?]x=g]^!O08ܮ:S]Jx^ 0Mqr1ϳR8C.f'iL~x~⇱f/[,_lMqMiIo7B0/7eˁ%B 1~Hؿ:-~f?0Mr` 2GnV<< k0"|\AǣKvϿ XüݟVh>g7Hep.ԝoPaĸ`zT1 ?@c31gq TsG)qM!, '/Ü@&|NE|c9[X1|}2NjuBFg\c?kw!9_#0Br|҈ȋu9YM9QFv!2b@FrB9ʁBdā9 O0v!2b@FrB9ʁBdā9 [!~r #x9q@Fv!22Ks#cBdʁDžr i~`r ǭ' 2`\`_ÜɁN?Ms榰sS؅V07Ž y7?]3Phl9va0w7S¿x΋;?.䷏Vۘxr`Blۘ`n._ ؅`A.~ 5^x濭LV3kH'MucVX9~9vF8}7ٲE {3o^qMgcT9*S`!v ݜkXOvud `@ ;$PVDxڵWMlU&NJ U,:-B DƁH*$qubթQwK EME%rBKhA\@8@j"ff~߶ƻ;v|{ovA7tM=)xqR֞cOzxŮ=;Ba|ؓGkpT٪&cL@䥛zEm.GD!=tvd& 𝦽kn\x/7m h0Y+0jZo[ qWKbPz}3073 -; 4A /dҲX{X*n0c?ݍg 'ʏWNET;/?ܵY~Y,xQh0XFGZ3p "))Ѻ,s4wg&QA=8ޝsvsXNRLO<p:}$f㙄13LSgO*G'OK֙.guעᩭ}CogGOa;{8P\Dΰ!ql3fie)4޾!1bmMF]0x1h;cVq9@$׮fSF*̛yI"A7V$NUXb{hD :=;*a86㭍";LAI)KNP$!LMah_Ivq\|[;i pj=Y!T2J 53`!Xi2L= @$|xڝTkAof1`>Rn-!x2DM@>$ԽHHHAꡇ x/M*xC)qfILv̼y~ApM` D3DBV-}bXux3}nxS%90wJoG ,ݎwtVDŽ5Ⱦ6ԺuxOgzU_R~s-up†DaAv5rUiCfXS✑M3]'_vc*9&\wϊ2~0R$R~Gt6ЂZ&XUq2-ͯc~H\,~`z:dbt>\ԋyBZ/EJ:sTHCgk ?t9̚C3is- 㞦6>)󓃼+氹F -1c_BR5*KZtV`҃ KXB2sSRsv,\~ 7Ƞ TAZ5+9@VN~z*LQ45` p~3844 .TO @K1a1eBܤn.gB8Cb/#*p{AXbŞ~.},x8Z1a$1 O ?|O6d,eRVQF8}پ^䱴 ] Ѻm{x}Fw5;` C Kn}g[tƼŵɘ0#b~sKW0pF.3Y FIx}i_?MQFtENMyw߭84_b]2r`,h{Ig (ONǸWˇ7kzI_p#W흤5MœjOvVI^Ԟ}Zi}_q֯caMK]Q4#ܹWPO`X@5@R( cH\KYLs0JBUɂVc9 ۠ Z헊 Wz,^k*qS, 96}Ӛ$"j\[I1} ?FغV/re/%S+Z%\x@8,#yD TNqUc8h-ۖ!fG}أAJrh6Z{R-Psۨ>JLf{qyã*QٿbETH1G}]DjBD,^KhJ\t̆ [aׇ)o S3~u a!nf=1M~M6Mo"#sE府VƳMEycg_ɹANݨ0v> ;&sF<kw&UEa#G$48Gk3o qK^$]T!ٻwN~I! վ̰53yԨ1vwaǮ.yo-?v16y" y.+s<1fô" xtO4[Cdm[np#P Q˛)Oj#ٸa뛴v<Coµ{Kϒ:t)d48*gevoIrE){S}8f-eʈGqZ*#lU%ޝ特:gyx{/䴴;J^٧2BuwIqoVfH!*+ii2hʨ Ӕ=F}v?+{4Zn%-ףƳMp ֳuQ:4ԡܻNtVØA:6Nx~?:쇴ccOqxy^%sK+uu@+;e4rkx)IE*fz+*"7>;'ƶ3E<=;EYM峮o4/v.0Uc{%m!;$9 [b|4RQ>g>UzfDޥ7/r7[s9 /=_{/D9;ozk?Pu^G~/Ngz~.T9ޣ=>K}ٓ: QB%@= ZjJ uP!xVKTQ?G3H( Τ6ecNEFρ?U˂DS4.3tf cde*w9P \څ;&-(h3&mЭ ]!-X7/_? #+M",2y3F ٍAHDrqmrcz%>+~VSTm ׻`}#/a^}{ayR҈.#nZQPQk~~ݵu X1ԯC^cXR؟d!AGpyȈ+mcӔcGd12+ zTs^sf\B*(]W<7!q7d. Ca٬{a'ֈqyN(~~},B,T,c^;mϠY[VʠzvGvQ'mTYQYp?ƙqXExw׎딁C"Eh:\M}JiBNoΝa]|ZGwGlCA &pȗ2XK-d[0gF{QeXq<{vQyfE:7l)1)c~J[^n|;v߹w(ȷq n|L~kl{x SJ_/@= j;U02@=W}5x] |չ?3ٝc!^^* Am{< jZ*5P/U6­iQkm-~ߜ3gfn733?;9G!T,B ѿꉄzyFvB9LHc/B~F^Z!@28ԜC\_! oY z=02Ieg2Nu>: p3g~B ٻkl8(ƶ6>w+8j' 3\ ٤]I%_cTէy=^Ue=ocL< ',<G&WVKn}pzbreOT+Pncs)w2|äM&zj8&HTig<[FCNx \ O;p30cG!7].c:W_h8ʍr orF?-_9>[+Ycq2g*3-)qb2E&-Ӧ01bŎOD*۱˧MQY`໘n{kh{6(U=beh/#R'߾VKh 6aR#\j:k/py* RTljeDk I/Ch {'\te͢Kc)bܧc@S]q"3FfW/jҎk)=^^ lJZ#su嬕4ܠn65^k8Sa?qbHk4"\iOjXTK'RCM5D^r7ӽ![_qMUzQ[*'LW&G5~(qMJn75pGL֙& B!t=EU_rYd bo]@*f[ڑ0E7|_3Ua)7q*<-7~SiʎS^91\q)fM]Ox']i3Yam oP~{7IX=q5j;㚌kKs ~דV/9顇r־b)[_NŭPPn[Vۭ.ԗY/yD}ҏͅ!7 2UNWꋌވԟd%^k?29 J@_v+a}T[f[`vjeI;Y,edquLjۂSl 8lGcyk͡Uѿ})[>z F)AXol7 A:")kMU1٢SkKu6w<.Qƾ닸o3<^C9^oUM.of<l82F!ߨ i+tX==L}WO3혟0 `00Ṃ']xQvp_&ݭ!2֧œ]QFf1M}[/839};Z;!EӾ7lBg!=UBVc\xJwC|l8%\yfߎayaaınבp'fɢR Wh1ު!whR٘Ʊtv\ ('{7v2 6Eed9oO *ܡuZM}E׭mؚI~7(vϽitU^\/ooiHr3M[t؛MʼnM$)EMYV{|gwG=bxx4\Rh}H_ Ec{Yߓk ӭUvcnߓWDE;_nG {UNf8DÃX?gس! ^<4.~:`>_-G('W(Ek"z[}gXX&XoʴၞSD-dn=^.?j}>l7.얳0߼ݒX1-դ얪nYziliJEݧO3/[`lQcv/ݲWoH_k#)6t h_?Z{{oGuɾ)-y{c*v*xd -zѡvKSwzǫNn&c-IdcҶt`i2ݞݒ#i2ccڟ[gpiXG.Mxàsw&~sҙ0;`(9;9YR(:>9+`|fwb1r^sO;caXG;jr]˷?<{`.m9``*< 39ܫQ̷5;fsm~6m,?N6`?1˦Cy  -6`N1/' 0KO3cVG11ɓU[1PLkrTWs7tJ]C@m> ;S}#~_s mOpρhv~0`tT{}Bx5I;}yώ >^*m^专BuמI9ҹC1{M0ac[ƴ[0'rՎ911)f"jE4]lyk۞_N6_sJ 011ݎ,Ÿ2ƿ<'gzLYpbޔaǜ]2}vT\WaPZ@0yL,ӏT\cs_'5I㞫ɦ|09ZGk><=OΈdc Iv+0Ͳ06a:#igc&D}L_# !;nd\_BY||&/wV{Ғϔ( w-]PN{K/]3 5q[E ;P,o7W?xh?q սU%B_ Uu]t4W[xWp?.UI [ꗴb&>NTg?1|Y1^ʢ,P#7~d|>?JkVj*¥/41ϐO}~~&C;3|CLZ~n<1?8_dg;S3V?;v~<ӝΛS?O3^eCWr~NY?^WGNt; lBD?ļcDgd0n;߀oI3$E!k8>Fm_Ne#714;"f1<5WܧD[L7UNO?N$ xovU-oxF1q9V}ab8`bt*f1g(>MUIhúÙ7~A'|%Q{I)Һぶ5h;{.|6^k ea^3|v ӓ*5L ۿd넖DE1k #+;4%ZuB U9s68%tf$7בcp'Ӯ? w;"(rYfF7\[˪,yѬC:&591, {8~lT殺f+#cZf_3r0kV}1 Ei]XϪT3Ub"?֢ZΗrÏc- cd:պ_S-:%zOoVd`6!nrY:/r輰ϟcvqt(_׌cm.q|Ohou P:|1+G=7^Nbk5u.uZ:Sw:Ϗ_x5IuM2܋&]}HuM|].à! ۹=Mr,aZbcfV0oIs3$EuEFsbccSKIΗ e6bBv̱byNgnv~2"g4:m] g ]dtI8Kv78p_M>/m}r侚d/Mm +^{0m}&֏m!ښPob<<<9YG$eԶ:uvȴn\ ٮKZ>!ۮzkQ.M0gGVjŦty{;Yk.99gU1](?,;?de4yQ$n[ٻ!gKiĽal;FwMBq ]Y$htɘ<4d0{B*YV,Il]E>]i)!OMC߆O kV {!)L뻙kLenV-kr|(Hu6`əFcFutu)Wm] K}Ut5js5t5jy@fp%ռݰ|Ɋ^-'~kpBÉ<E6~yB:ʢn%.1URlEv_\KgM3wnEU7nv^_6qn?Z_ˋݚKwxZLvIұw 77y'֠ʓ]*bY/<N~m'J˂vəӍ/k483ܭIU0:`>s hSv>nX׭/"&DuT$!]*_(> -lO\ "4Hy!)Cou0hOF!%@1=;La 1{aʠ9o/m﷧S!tK'{\[CWǝl2uvۗa)> y-X_C_/秘(7CKt^ov+Ny%;2 #c J7m6oZr]2a~cޮ%nin- Z d'"?e_2 ]((G^sʗܫ0t( =Xtr87dɐI]xB~C/#&נ|^_="xq>&_M.-{4ק} #C|"+_gAh ` 3bn.=tזj3{}KA j0da6626v sh؍-/}qC}Ֆ@ai_kxa/kXs5I_*gD;j{8^h 7ߺSHH1$ȶqcNDF|DԐNq4Ϡfxc|I'G uaYۋC~Ɠ%U}Sq/V,}y×,G[m,l,ocѳ6񚃍%ӝeT6xOZm,`/ew26.7|n<)E?~e (/+ecN3yd;qbtQRu;鱱q<ѳ8A130[,xc>ώyY.#092k0Ibf.~9 fw=3cz\!s[Ǩ12ۚ&mm# ߴK}Q>lnk㬽 csK&)ѲOpXЗ| 9#A*2/2{g-bcۯKv8<FI}U6"tQq}Π]ㇸS>Sݮ wv Iywu~;Ҿ0/eZ;L\1o1aeuzCs;L\o1givM;b"k;tǯ-HEvWs[&>[x;o_0agmިX2Îyouy)UX{b~cr֏8l͎'NVSccVmq*%UՒ[>^!9oWg\Mنt\q/6Tn/^c~|n(O4;ƠtJ=T;0{֝sUsu!zߗFV#z.gܕZ3eP'پݞubn1f۳4=yR=In_xԟڻ{2 iLС x'7ߎoݻWpmzfҸogw=Fߣ>D9390՟lE$ ?; Gh{|sK7|7r30D [,Va`zN`!x:aE3zMg `'xڵW_h[U=7ir.U&U'!diR|A5Ȯ5ݒťռHi?Z'JUC@Ić(ae g ߹ɽ7J!|~wνV/zpjUn'{}Nw7Y]0U6=%luUqQzn|Exr" ސgso*O?xo.|{la!݋Q9H$Z~-#@/Bony0*[H}4&UFF"Aˈ,FUD2YX閏SŠxeA ԐZ !il+HaCj2^ MA 8f1r(#2N5"AL%I:Cx5!I'ZA~,>F$uА N8ՇH@!o9K]Z#7e.1:$Eoeh?b/ 45KEbg'NJ#W @ i̼*ph,VL"Kp}DC 8rR^AY#7zZ2]=Ly׼E-n&B.g=g)fŦf2jm:t sh`F>z[(ՋمBS6-÷ϐ:Y} vT%]${k({z}K.㟪;Rk'Q냆<_ /}jNWmM3 TMm|Nր)rf̤M߷=/|}BħgX6{P?3yXuex, s3%^ "?|fʿ?MnqŠWY9–5?7c*+G*JT7rT$J,;uʿsRMKyvmķ e 5&.qϩ{L1 t(_V{BMH uZyF뙯試؜ BqDLz ;`D3EiIsfXS0FaRLI2%GHXHBmqi-ubF S`L`I>-Wf Gj-_ޘ*Cy) VYmë [ܡo ԯ@=_%yd/Aд TE R3-%x] Օ]~EE #8̀AȰa1#bP S2h*DcJG! /0v㮉}15v" 5sNܪ{b[Y3=`1O2VQ; 5i>[m8yeHf/ύ0ŷ qu#C!6?7xՆ 3#,#V,<$AsՆ+b +Y9C{qYw%ȲY4> )pN}4]* |s3"dE=OMb[39LkV`x;aѮ w:g,`:\^eYх>zd0>*8$ .:_ y\m:Oב㺾&ZGy4Woǃ$X*⇎kLҲ{]n x\#\ }aI_N SBUҿ)ӳpmZĭ=vRY}Sch:˸i:1P_@A=ޝ. r ^oHYm!C'|#Zx5h'qűyہe{piHfc¾t4s4p~ƍoBhǘ9v4^1V?'Eo3}Qo%>%h/l{7cEob6nG^F+|.nٝ-!;!^_XG|_,?oAcU+!;*U_XG|_X^9~0&_dMCXw|әR}=vrWEcͰ1ۢy23vxQa@?kF⇰n~ڦ8?º!?OOq[L̵zpDw܃=sG8V.ch/13 eT9ȯ7נk!?uA'K/ pjW[]aE~r|r`E~N[n_U ?/FCXw|tq|r`E~!g5ZRCv?u!ʁu1 ۸Tk߭kzw=!Cuº!?~ 㒔aI?t]!_uC\aӽ ƞ ;sͪǺ1k kB*Xob%\|_FK릔$0̾oByu dst z_yWUBΩ,Y~ ה3UBy;KZ1sj$`F2ww wC(x8c~uWY6eq<1SNl5U,,u_6=_!3IWy]:YXy;쑷yřJ'=~* Y֙ƙޮ0coĭ8!U4eIyM1aXb2s4g^ }r@s?qyo]%w'DŽ6XW!S@Pnmpfڲq cp+yAS Լ Lcj\><1e^)e ۸Tڸu?O}^G~]#<0 ?fjN_3%V_XG|_7Eo]قºr|r`E~!/ /_ ?~*n_䇜K/ yQGNs|+K]aE~yQ9T9"4Wߺ^)!k?u!ER:B^j ?~뢥 ~/C΋ʁu[11-zT1n~y~_g X7?<ٯi>UmC4*Ɵ6!/k?M}aG5]uC~\qgتqϋX߹g5ە# BSn3HNz7|蒄e.6 ws:Iw2*'=ItIےNs[c^u+RRNj>.tO;u>rWҭ]'-׹؀,~zPG[0lW<836[SU;C~y8%̳yKN$y~%Ͻ?->1IcB@ƥso<ɂºr`E~!} lR幃7Eoقºr`E~!} lEAoºr`E~!} l:ծ㷎VJ~ v?u!:B@MJo5ºr`E~!} lZ㷎[J~n"?<XG|Ѽ#6.U;zUD?º!?~hހ!Cƽº!?~ 㶔aR?4 !tCM\a^]ܻ7I%p05^ONaw^r7}pi8. @ /~rJy];"Rwbl U^%swoȱq 7iۄSm,Ҷ0?]8~ +%v ".tNw9kNmQǗyM㧉b-jc(?Q\EmC ։\ΨŜ3k|s~v܋Y3ԽUp?V"b鷚 ;u-TnzV|l|xB [\ෟU. 1YG\x8!]b3cr;E&A}:rЗĜ9E"}q̙_wƐmUzq έBgun=~Ƞgd;E>[{O"]w|2|!n]%w78e?=]Qt*S*3ꣳ~WLڲdA"?v[^﷾)ڪ~TK΋y!WCS^;/;6.v dwp9J^;whkE^{GΗٝ-!\yGyq9eCv ~C^;Qo9pv^wDm\y| ~C^;Qo9pv^wDm\y|;5+y|[ܡ)yQC^;G붽]΋uQC^;Qo9pv/ٸc?.ٸP?4o.v2{1~?!ݡuS,~C^C_?PG:&p9;{OavzK&3s;[E 0oFfBQ%YRj09/U6&PcO|Ĕ#3cBY2Gͣ:I6}ڨNyN8~|Gopf2?.0g].-ޕaf5ϭ_hI@5>4Z?"m4.ʦnfϭsV9# |5M79l =!BꖅtXjnO{ؖKS%c,KK}*tLc1-M_`v|ƮޞKP1r}4\ZƟaM,EnjB'0vUnhg-0+fظ L oD'5ݲx^bـȴ[8QyfV>Py]q..bk=3MCWʝ:c%͍ q1wOP=8I)T-o š3i >3㙍^ᚙ5ON 7gKթ7*[ `wuRj.9}=GwĬ.`zs䂞d߃v*#'g|$9o衖Vn~,"$d̎Ogl7y%-!79{MQ]?cAȲ+{7_#9WƈsS/) >Əˆ}YnjÓċ4xʰh֏<^mA+luZG7Z:J;:n YdٓkZ d캿R->ߚM]|>wxՅZ9ko:ԒTb~@?c5"X>?>~K|,߽eX n۾7oyojۦ1\Jޏ7b_Uq$ݏ!?uJac ߥ蛶yۛgp1|ž 1v博_EZv5,,>8>-{-ն~m[~oxDKrl"oLg}s/,{!X>^vsv8Xj)nͦN~iݭc:Lwڝ0ګq` c@-waԊ_|޺ 4aR P Y^ZK벧O*p,X>5:Cnr~irHiw>8žrdgz!Am/&]e¾;m F78|9z5VqVqbN7qΖh˨S.Wڶ3x[wm-۶U|*''n8?/jZ5;=:QK%͘qi} il=.^?DD`.!Êon5_=]ro0d{5jVcKƛj5jlr@8~ƬZw]j5 TqHok5{o-.oo)@1o$@]x6U.6 5Џ].5[@7ګ]%@<3!S۠'߿8]l@5?~)rSNa ?>u GNQ"BT}Li> !){Ɂ[=P))?¥Sh(Jٝ,!;NA/U#/)?¥SPJٝ-!;NA/U#/)?‹4W}ɽO>Gfp45‘+ [>f֍cZ]a0Ծ#nՈjDՈ9V#FVkjD6\iֈ`n^wJ :P'bg$s͌IK}I~Tn(JyΕuzS)KS?d* ԇL`!ٴ<Qߢ?vߓouO[ɴr ~DpO'35Co鑿/ӽB} #\Vɂº[R:B} #\MQقº[R:B} #Hs|5(UJ~vaE~-r|r`E~_ ?~ϕ]aE~-r|r`E~n_U ?~FCXw|r}_XG|_ok ~/CoK/b]12?U 'gv?4k7k7p9`AGߣ5DX(~`w尶%ϔXqS:-Gֶd~6#hMk[u?"~ڟ? ʁu? kp9`JG|њG9E.Q9~OFrXڞ*)GXw#?ʁӮv,OUr`1#\k2?X_抵c?ºQ?am]ʁu? kp9`mXG|њ4G9m"~CA3OǕ9D?(`ң{0I?/| YSNmI% ^oq[Cۨەx@= )t+P5+:b* x[ pT>gMq6lR`k"D!D8BHjNgQ25Z-mڢgpfX;3VPZN'8s6w{I^t/s}swyw5X1<B7V4y|aW2D70^Y&ba@ -AsI*[@eW`X"N- x1bx$3,TT|9ƻ(B-Zj+(WW%zӖ(uc ?%ۙa_h ]J "H[0t(z^b<_UC|[y6缑 OMfi.{뿽*,g}>`{[ W{t'gO&n;ƴ1DN *`B0=#uPuΡ. ?qXT /t^L;) -KS yhUd7U\6#xE*wQ_4)|ӏ/zR/_fLGb Ɣ_?|Z/KeG)˺:bM"&'Cqm!|>|2g~{_v\vO3OU@wJ>j9RƞE~G32y"b,^7++pLU)} _Dk`Z $}00v7s=c}9Eٓ?,5igJ>5#bumMޓ/vܽf$A#!=#?nF(dñeL{'#BisOȧoJ?4,s=\t0 73uݮmi*7cEA~3_\ŵDLr![0' IW3:L=u,î{НV9;0_>:{ڀtд>5ϭ= (0g[{&=Թ{3D`qLzڳg~2v?MfdH8I/ȱ \;^?VNWa.ڶ ۅ,cR?bw5.17jNcpL}XV&2dsIx}i;tܳ5~=l[1x7& \-<$],2$ƦxIZyg=>ޥ_.MρL޾w8P+k Ѿ}ƃ9/δGq2,%f11a΀+ab:w;ǍNv7lw2a*C_cҢj2|w}.}tD6>Wzz: ggx_ف>x#죃I1aNIBm,1i}Ŷws +e.<]ƀ[9iy&si3>ƭ أkhE;_b:F:gxN-4,+Yzq۸Q9V|ǔsctƘd gx{C|(s|װcõgWT/kP?iM{]F t`Ny9%fH`S-o>F|ޟ[;n۲8?d{3 Q(is8Q#<FΙiy! (1LeSoHn](_jrE@M! `!<"C.$elvWaf p/ xڭAlG@&v\ NDQcTm0nQVȊӪTm%.*8!R/ q@P!HUJ!z7TqFh`7E a(!rOު5Ss^ -x۰]Pa8*VuV gILV={[iQ8(*`oU\zRNOsi;Յ|'g[OJ|{O*^zH 2a[,n7]V+IWxQ*<3y l>IX?,#ٞ9('k6YW=MU" +3Zkvl&-hc5_c 7gh)MD&#nO1xI=5?vNcۨ(v6ma{j1@\ *:UDJBqpt7u]of/S$ I⌻ɒLiQ(Q98f^F;>NJ8rcg^Hn*Aս+g$bfg\㳕nk 3Ko>+sm{?U0sVp8Iz}l: -kKWG=rKlt(yi%=NOGLz;؟?;1B CI9~^P.Bs)ed])m+PcCiY±?Qz4obx  " MbNgQ< ފc8o' xn5 ħM_?JeАpzkR(bW-I緜S )&{,07eHhԨD\aA%6P'0^qR~zaZq'tfyBSYS} KG5]@=&Gxԃ9:I"k~BRx] |T՟$&$@ ( EV-h")-*|!XT@(ZPQ*j}D)iPts;sv7,/_?qΜ>vB g[B|bZEYB<.!!^\>BtR6!RA?S(ī./A2 KQ ihNȬoa{H4AfPMn*Z'Eد9OX4קohNAY /.mhu6[Vaa}70DZsV.3ǽ}a>Xc5]fn|"Ekt/־LQZ2lbTԆCPftGArA^!.\8ZfPٽqf~BBPN \OSDIb(|!7[#3,řzw!<Zz$Iu0~o┍D"Qۂ_# Q5_BF3߱Gi4lE]ߗ } j\2v!>ſl}Q<ēu,sDvY:j!{j5s2[|ȇr.W_[8YE;Xvzbmc׃cGGŷ.X۾,cby[bA2દ؋D+cZ;^#dN7rmuX|uuMm<3f=noUqlu&v>k8%S^%h=Ot.|2e<ւU4':;෶6m_\v()˖EU^|IVꕻ 5q/C/8#vO4Z}yX?\q s"V` |vjx^%0Y^9W8^#6 |GlGl(S)䇤QǦ86adl ɜ.byicM"&̛M&Oq7=jvz8<&K^S~_(eORTW)_|~˙9ٔͦ|\#6(S~a>/c;9Ԧ"&{7\]X㝓|z([(SwL ܮGl(Iy&o4xOS3dz+{swm,zslg#_sLPslj"cmr&gS6[gL:dSKۦ?DZ͛M9NӦԦAʶk79xiӠjlδbmr&cSFS5ĴmMk>c79xiӄ3M{l=M]ro0mgQ{m.MΦljOI?9 _8c^G)*mul?yf(>x)fEolj_2\p8exK 65隣=)4|;@c H4A  XC:  'w44H㻶4]w{<4]wX4{U{h|wwA(w94kK7h|6w2h|.w˥]E i|7nF4Єwu!̠~}]w{i|ww5^=ݏ4]E *4kAٙ4EE4;weiΡݼ\mΥ\̡߭]n6d:wgn]ff.7wvh|73D㻬<ߙ1GH>6oh|7V7݃Mi|wW1Jh|7wi|)>kFkZn*2Y|ױw6]"=^@㻫i|Lwϥ]Z<mʣ9^߭nJwBi˭9o)z]|Fy<LVޭ Xהo=]/>gcl}'0W @v}{kEXMpwUo5ۗRXX:X_bڵy#cd&j1Rўi %XMԤ/&m59ʵBőHow @g;L7ʎu ݅H0|6SC,tI##F}>c} 깊Փq12 !痎 `?DZ`a*YWO:ThRK'Y=ED3z\ %Uה\2a`ҎP>S\/'∢Z0_@xJВ)%5/cZXf+~>i5QmYI:~}BTn\=.zN;©8B*MBTru;n֭׺ZLi uiuZ7Pj]֕k]HBZW/]]tu;nmԺZ=un֍պZWuZWuZWuZwD#ֺZI6i [usnMԺZ7D놈x6=PtIΛN__XrMu崜y|r [SN9֞yr]Σua-7U0ci5+Wn-J{mҭ^[W\]ru/h ZTjunuкZ:풮ntun-ԺZ7^k]u-}!\m׺ZZVkunօ.,ӎn:k,L9fyru-g-W˕r&{\oݡs7b'Z7^к;n֭պ-h]DZJWgPOiukZ=u۵n}uk]szk]oVպZ7[Vi*ۦu۴^굮ruv ua k]Ui,u+nmպZwPj])Һ^Z7BFh u+nmѺ-Z_k]B^Em9K|`;$L H+ >GK`˽.҉'Tϻb[,ry9w.4rS.=w~1R[NYv1mrkt5nq,8㖻ރ应ǴMV3[)kHxIbew ʚ!Ƌ2_ \wˬ AYA^y]z[f y\fd R(q-@#q-*A.ZZfM dĵZr?ȣwd3k2k7ȇ $Y%tG7Ts AzV/õuZRkA&Ld6B{A*uzV\AQjN@ԫRh2Z#s[d5ZNVOyU* A.1H8) ?d ȃ +;K On 9hm_Xg  -@ڃt"a #@FLd\@~)u ?@>rDy4A$و9I:&9V|@Ո u8MJ4WwRTU@֊j^ o+ԻNWܥUD<rʖTQ=ɇ9r'ז &5F^&!&_͔jzZQj3ܡ>rZ4Xj#pLeO{}rh> >𘜨i꠸z2B{akJ+ { >JVejZYiox|x|` fԃ|>|`z'kj-wr5_\TLOY|`:|>"/Xrg?π >P >p985>Oyn<=-y[rg 5w)L\@ I.=POܧXR{d1MpHBz*;e*}H5K\#eأTP EBM[o*l;+d!Sh[_(cT |.j!D݌ESCyNhsXvġW$v05cqnt9sG]s!?ӢOjYpaf*%;aٽ? ;禦NYyWzf @q`H6o" F"S+7Sx%oE?9㚊%N'_yT'W삼3[qV8O= xNn~o+޵nY^?1l5bϨ׊?gKcm;ʫ$8U']NtM87zɻ|j0ywojJУ5=]̚듻&&رBk%1;hY3|cz)]V{8<:('cL1&8Ɍ c0>q0߼7_T:*T__e1~ 21>zIy&;b,bXƏe|%+_ 0G台+?s??CD;_|[b"t'mr͹}WMv7tgMMw$ќ,Ӕٴ:Ͷ mjߍ1y:Slg6btNjM d5f97xMހmӨ@Mn444UP64U$hc6EFqmc~vӍ~vu))ʿK?S?߁e$wIʯc:/dBƏgxg|Ʒd|K!(Ռ_9Q0"PXwYм%ndwM|Ntds۩&ftuZMuo|td)c66;kS<l챝 ڔm䋵i8dۈGx6Z=`ZƯe[G|?cƏa팿O3iogv\Qf|o_k?_z[GlaƇ_*b,ƯdJoeVdAx({1G0~g0~W0~0~ 3~?ClmDj|lc5|9ꬆ~'/#B;|h>zmކyP,dƷ9>ro 7.1Ux ֐7ڙ=~7֮z.?}w|wtnTG7t~;Ũǭ;|.î/weH̝{z~ &s,5Kߣ/wҙ# ͺ̴ٶdWПH݇}vڥ۟Gu} hnEu{R].e R hn?aw]ʺTKYJCuhnv)5.e6R5.eGu;= R.eݾ4Rj~(ICru75$s]557#E-MO>~YkD,ЫG}v轪67Eз!&Vlo:oPffŢoxзJ|m q2ۜ }mloMw8e@oJ 0[J|m-x2\ w4}{}*&ۆ[xey@oLVmV%ɶ^}6jN~γUHMw7Ѿ<#~,"-ݢѾ́eu]hFRڗz~$Gb%]о$K~8~о8~( 퇒9S~*OEih! 2)j}Q DLw о0 ~ Bߚc~LsPz5X&mV[9y毪bVǬ<N%>ɶ$Qu>q*}T }̃>-}m)4ǦIMyO_*$ۆSiIG8eOB>]SO|jFWSeu^OOVp|jQ8U67>>]#>-'mx>U=NGO'¨6ZV3NAOA|^OV|z*w,*Vl,@VYٷCYo ʪǴyI7OC>EFTjOU/Ϣ-?Cmsm$[Y|QM5y<[5UkxGMr}KeoC4irVm{)'cm|IhO:^C$n:M^B8͟H^õAgmw|B757kZZm |foI>kv6ID6ywL$yV> L}µI$gkǏ_ӴC:}rHkkv(͟$OuڦfO?lj#q6Hwdֿ]&2l͟oI.md,i\N ϥs3"yr:k!٣'ע *ōk\{>_f6In+99H_rM.&y&?OךC(уklmO> $?krM^Igȝir7*ksq|kr4V?ǧ~FnMΣ|щޡ/i$/]k;V_[B -$b k #?AD8ZgkBvwhrt1e$$ߙk܏}ښ|䞩[e$sZ}S c}<ґkr|^fiG$/M !D%⭆﹏\~֌*q&;M?wߟ{e|]GYW|&j"_ר|-LE-2@<ztu Uכ3g _|6tӐ"_ME|=2SoMEv"_ߝ|m2$gMHB|m"D}ӓ]If򵑄|Dk|}gl|%_>:>kCCCCɇ|]/ D|[}כ}/!_/-/~/^^^닼םׯ' _!_{⑯ 㐯_E0Xb _o _A~ǃ|΃|mzv#__F3Ǹ_w#_.\~_BFmnk_M׺׆073n߹;{ _[$_ _?A~׃|G*? _=yz[z7ow#_s#_q#_t#_\ _8KW8ãB(v$'"F _o@nQs7ɿ"<;43s3__8YXd?=KrG F۳$=ndL7x}7.d%.d\]).dNdX}.dVnd⯸{[ / $k1s=x 7 FA7ců=Km x۳$5ţ'!oCן,>?Y|For?!o/tUnZQNg|_usB3c3Yxs7sfy+Ú3[sOֹ,s٥qgP\\&WTkr.~Q" H\lf.jS.;TV"wB6r$ ηsBsmaBǐmGMw,{=neaܬ¸YMx0nU~fU7;)rFlJ1R⅁J^L1TBQ/ҫS9Z[Bqf(!~r?;6?9lvIm[r~*i[_7/4jbs8->9ZLR9Z ŗgOYMy0$zl-}ޓ쯘r[bK{=Ϥjbk mD$giJQy,8ښGx 4 Y3YcXcɫh_U33[jr[B9dO8cUS|r7.-сtKnr'Bz [ \=4)Y-DQa%^J}ǎ.巏J/v=g~HUeVQőP/<4֖'UgUM?ۉ 6Gjoy׈7vȅ7dU[CƝOm[^E*]t)gJҽtn=t*\t*ݵJWtEJW*];kt%+]Jg(-'JmUJ=t˕nVJWtJ7D(]otm*]ΧtLgn?t)GJҽt+JD(ݭJwMTJWtJw]*.!uOSܒFyMMf=7?B_=.uoAa}[}VoկշTJWV=+B}+9_Y}g3N|9%ŪE}.QQ7"QQ+"PZX{CPJV*\t㕮SJ\R.Eʸ+ST6+f{PTF+R"tݔWQCbnmWgOSkZtҵc]L븢Y'r fq/KRc?}|~wp ˷O3O' l7Lפ5TВwf꩹#7%unMUJP*ݳJPJwL)[5UJG(XtsnҭSuJҽt)wJ.%uJt])]ݨt7*J[t/+JG(]ҕ+]a[RV*`tӔn-REJQ6*N۩tǕLKܒfJL*]_tNS+z{GQJ_\aЖ9*{KYp&[eAVXQ(Vo^_Z]{hems=kWxV8a4ZV8FoWxQ׻´0eyy_ۯmW[*Ϛխr\ƌYi3=j [X'9~ ['T6_ qcB`*6?ƮR}ev_e;忰N; /鼯#E=hۊVnb}w s3+4bMbzLzj&;4~Y/7*)_O`d/95+l?4m:fO8j&FD^5]TL*rv5a l)V٣6cOYl i{F;l3maٻ(fÎ M8&q^y>y=ގ7 y+ނwnU|m򱼄 :>gRqc4^&>oz/{#;?eC!x/R(k uwWoھD,WP|X' (suWJ5b 6ʱo(S}K9vr,Rq!tqR墉2jXH6Qwuq7F?ٸr+Xʱ)S D9v!X_ʱc(.PՔkqxی Nύb\4 q:比f1 HdƢZy#ͶN 2BBQl>b 4[ĝpq9^,7Ub@l0/ kjom~"4>q^?_ #88zTuWvRL`MTP\SXX\bյUzEge-x+vVSV|ڈ@}Sk@u>ձTǚSHuձTǦQcTǶP{kTǞ:؝T:2.ʀ)wPLul&ձTǦSF?TǦOH_'㳨&B[C "RcSMj5X ձTǮ:v)ձT:ʻpTǚRԫձsզ:VX 1/UH8A9vrl؇c)VR{#T:TǞ:8ձUTǖQ"c=Lu_TV񞴾Oh!H1^b<ɧk,wzEurcSGul0ձ˩ :փX;cͩ5:VXmcTMuyc=Bul.ձT&Q+b͉ly;i>n5;/}!܌:Au9ձ PcT.:ևXOcݨu:֖عTΩ;۟.ڹ49Q۝ʱ(S[G9raʱŔc)QE9vʱc+(rl1cs)PͦL9֓r XMʱX1rGc&XX3ʱ>c)P]B9vec)ǮJ9VD96rl ʱccC(SJ9֙r,r9Xʱcc)QK9vX/Ҷc(R))~#ӑqڃTR;F3Tv +ثcS=L9r.ʱ)P]E9օr7V.(Kkf,(cucu(c).++O9v}c)S=O9rYʱ(6Q@9cS}L91AʱcSm{rc1ZQ+HJbśĐ͙9\dfk^l"VlJ؊X6bb]bbœl|m|}\^3wCs6mc_~ ;j^~6{2#YU^ŧO9O8'2ʔ[Qc'N,[Ikp1k4bRc(Ac̀rK~r8X!cGӎIw37K(SiU;>Mֽ"is!x>W #xWnc ?iZ"wHu= dB}rvX D TE5fSԘ<1e`~SţFT<_T7|pI%cۆ0xpcJ]p6ȨnDjMپv+:kzMǎ =`!cҦ+qH&-A-\z]W@a@{1x\ `E֮$$$!wf&@H&$䐕KDXFl#\& ]@.TPAquDtQ\@ P4{3ݕ*9h1}_Uz_BXy"B [7]S"%XZ_# F^r(UEaBT Gˡ.ئ PF9nv> `mK7bq/Dx%J(p\%DCO:VU`C봅C -Ǘl{ R"?AEWm %.FC`dx(We߆-q ^w>0lwâm2<##A 9ߔuźOB{Gޱ@LΉiCpWl7pU`asˮH D5w, gWeZT!΂xŝe%P?x6dl;cunq`1ۡ#[(2Jc(!:Mze9e[D_٤*q#H["pk}u ?os^/{}>cwsG/iӚ2杙˰2 o%ry%ay꼽)&LC^=+@m͜]>h{hrU'?%zMh\~f=2s"V W iެwL?[\GLq6S[S=.눩wzeS\GL\GL(#^Ckkr1:b_uTouT07q1+⸎#㹎  }?uTuTuTOI:bfJS}눩~눩"눩~\GL?s1կkuTo۔눩.\GLw CS$눩޵9SQ #m}ZdO.|q^㬷Z| rIxխ ˣ8U9`EyPN}|[Ծ6-2֦/YQ~3 #6]Gl`d8:G/Ĕ"&[]k$T)1m5cº8DםEƺ^`L!bºqƉ/܄g'5fLX~1=NtMYd)Ͽ2xL 'v'V ~kV{B|J㳃mw~o p z\Ѐ#>;;3\/]1\+;b#q\/xO \0yI\K\#R-=\o/קx>g7zvcs,4;Mz6͸93т-jߋ};? r ޗ4[~~φusn/66"ǖv~ذZ^lk5c]ȚaݓZ\^lecRNLMBT;ye~RQ3&{^ c|KߔX\GLl#zX8S}@S\GLO# \GLcqWq1՗s1տM:bwN:bOO:buTyz눩uT>눩~~:S}N#M͸c3ꫛs1o[r1+lcgsM+#:b7:b6 חs1p1ߎ/:boiulX~]HNMyx"9-=_uw*D| 5BY4yLy2ufLnԾ֘BS4N%v< NL?ɭ[j' k_}}ԩSO>NFҾ{xlIx(9.i:crb?yF^g '5pd0Ms%g|9e>ܓ#"yi(5ܖVU2H/%8 aKo >`8^~ݺ~&{k4sou-K x%Guo3_Ư ~p!S']?n}j+r{2k ~:zSc~]O#O#ǯ;ӂP,-^~]^He "GRus/l_Bp/8I/p|/wl9?ƯG!G*?4~_);_MVgb[c~߀ ,+ēERsa< _j:_gh1ޗH!<FF|ߔ߷/,!3p3 =(; ܶx[] 'cϹG^uq"58OgI)PzCם(1)_ߙdÓ"2&_JCM^uz"q _ux7esO&p>⹿^8?hGruaoX_5>x0p] ߐkY4p+㸿~ s}M ^ *뾱_lw㹿f뱆>d7&s7ngRޖ57_pjr=놿`^rMx_{uK_S]?pzk:uW}_Oq|_5TMz} ũ_p z<_dkB׭}_WI/4~M_:3__Tp=>/_yqz돼_r}kz=z4i_!/q^pzgx뵩_-kzu[3=_/p=u555~/ J>zku*35)F}_Tg%sM1kk_:k_GC)_x_/MW<׽ כ㸿C$k?kFMoׯi__CMw_pM1kZ5x>+k:~)FM룿CMCMu4oi [pݽ975y>)FMhRVk:_+5}5~V?|V^o>zq-zq:ЋD/>.{8w(?40zqыO^ƃ^|G#iG/Ntnsf܋s/^Մ{qvڂ^|ii8]Kы^|X#x2{qZ8?zq?z:zqzq?zqo50zq:ЋxыЋы^ыC/N1zq ыS8i|ы|G/N}F/N<|D/Ni`ыxы8olru7ߊ g'WoVO¿+PQ >":_ n 5g7|Z]|>ֵ,WOS.=S&;6]ᵍqn}&Z]\u1˿ھ/c~lϪ_ԵkZX]kߚvSL~U~^k+gbM3ߣ biz=!gc+սI?XO&WԒk>ބw l5[z:B;"j"q3d/9瓋~~YwxOc_c^vfTp^bı+΋28/p vMyqf1/ cI: f01" ?Ia-c-Uv /N 4/_D4MsR7KK;|7ӭEmd}RDO3+M}ډ>S{,Zul ֵ:_g׵vu͍[oy#8L0ev_X;7kQǙSEd>kc]^{C-q:{@E5sT}<^vB޹qzXܫ3v^7PI KE}-:P QʫϏR>9MeT|F nR y\ޠkp]稛vޖF\(@J`U*X=\# y%g.O*_>bOgyVUP^PX p=OJ*~ab^/DGbUAVaVsy%[VfVβs~|%V[,߰f˒}lZG^8d}#Y -$BIJkc@tPr-~UlSgL(s,cPAY e uPނ(| 9۱f YD{U'ku-We]8Q"oer+O9yxU>,^gQX*_mrtGؐc?ʃbA#-E6e@d_H ȱ9cC} 9g 3ȱcAA  9v=dȥcc6~V~$7ߓG2r=UcC 9rlbȱ?B96r6ȱ2ȱɐcŐc!C 9r+XX.XXX;ȱȱlȱ,ȱc Bu9vX{ȱlneXLJ<2J.pVbA@9v5cgCeA9r;X'ȱ\ȱ&cM!2 ZA 9v6XO~j]*>YcVWimdB&BI_3e[(\n-w,k(9Ž%vsyANəv9%]"2\ikK:(oكVBvwqԯyz9V99V9vX)X)X9X9X9XX9X9tȱcccccr|P\96rrlȱ=c *!ǖNr& r5Tb,l*9C{̗%r!%,+`/Րccc!ǖ]AAEȣB&`Q_'TXcȱƐc!Currl:X)X X X X)tȱȱRȱȱrȱՐc{ ǚUO]]>9}: JQZUetkX%ccך%Yω3  Ǯ[ 9rlQȱXU7 ?uc[ ǎB5W~mJAm[ 9V 9V 9rl:ȱ-c[ Am[ 9rrrrrrrrrrl)X%X%X%RȱrȱctvOmn={q_SZA;G\f|; }vP]ս#E͓3se|z9WP1<ɳT1ڍzn9!/]Db`.@(½G>2=F1$Ǩf_=cƌT4?lDјcG')]2j-L/X `'NvRfD`m񶬝Ҝ'Ε~swvgsƴ:*י-|d|11OpF9{tQa?0Nqlt20S9͈#r_XEem)ipklD fcdBE.7t 6};/FU]( C L }JmEquation Equation.DSMT40*MathType 5.0 Equation pEquation Equation.DSMT40*MathType 5.0 EquationQsEquation Equation.DSMT40*MathType 5.0 EquationaDocument Word.Document.80.Microsoft Word DocumentEquation Equation.30,Microsoft Equation 3.0GDocument Word.Document.80.Microsoft Word DocumentADocument Word.Document.80.Microsoft Word DocumentgDocument Word.Document.80.Microsoft Word Document%Document Word.Document.80.Microsoft Word DocumentDocument Word.Document.80.Microsoft Word DocumentMEquation Equation.DSMT40*MathType 5.0 Equation/ 00DArialNew 8 ,v0,0$"DWingdings8 ,v0,0$ DSymbolgs8 ,v0,0$0DTimes New Roman,v0,0$ B, .  @n?" dd@  @@`` (  -% .0123HIJKLMNSVXYZb  knqv HG /"$UfhA7q2$ ݜkXOvu~q2$Xi2L= #2$f Xo!N &"$RjM3v[("$ZjJf1"$j;U02@z52$x:aE3zMgR$$"$yd/Aд g%YW"$)t+P |2$"C.$elvWaD$"$&Gx$2$<:H}xOb1";%2$Ҧ+qH&-A-k 0AA@8g4BdBdD0Xppp@   ʚ;b@m8ʚ;<4!d!dpkd0\<4ddddpkd0\<4BdBdpkd0\80___PPT10 pp?  %<_RAbstract cont d  When credit supply conditions ease, house price booms usually follow. Omission of CCI biases housing wealth effect up. Breakdown in BOE model connected with missing credit channel. This paper studies data for the UK and SA with better controls. Credit markets liberalized in both and consumption to income ratios rose. Lack of asset price boom in 1983-2000 SA illuminates the direct role of credit liberalization. `SLiterature Review  yRecent empirical studies of the housing-consumption link on macro data include: Case et al (2005), Catte et al (2004), Iacoviello (2004), Barrel and Davis (2004), Dvornak and Kohler (2003), Byrne and Davis (2003), Ludwig and Sloek (2002) and Boone et al (2001). Earlier studies include Brodin and Nymoen (1992), Kennedy and Andersen (1994) and Muellbauer and Murphy (1995).*Pqzd     "  7  ;    G aT Micro-data  Two studies on UK micro data with diametrically opposed conclusions are Campbell and Cocco (2005) and Attanasio et al (2005). }8U  bUAttanasio et al (2005)   Micro data from the FES for 1978-2001 to explain consumption by age & cohort dummies, household demography, housing tenure, regional house price growth rates & the level of house prices. They find bigger house price growth rate effects for the young, with the middle aged next and the old last,& similar effects for home owners as for renters. Since housing wealth increases with age, claim house prices are just a proxy for omitted income expectations & have no direct effect.P cVCritique of Attanasio et al&     ~ Consumption is likely to be strongly affected by current income, and also influenced by financial asset ownership (also increasing with age and differing by region), debt and variations in unemployment rates, credit conditions and interest rates. Their failure to include these controls implies that no conclusions about the effects of housing assets on consumption can be drawn. ~ dWCampbell and Cocco (2005)&    "Micro data from the FES from 1988-2000. Explain changes in consumption per head for different cohorts classified by region, controlling for income growth, regional unemployment, interest rates as well as housing tenure, mortgage debt and regional house prices. Largest house price effects found for the older homeowners and the lowest for renters. But latter is still significant: suggests in their model house prices contain a general  confidence effect, as well as wealth effect. Some peculiar individual coefficients. P n^ Case, Quigley and Shiller (2005)!!( ! Claim that for, a panel of US states and a panel of 14 countries, the housing wealth effect is larger than the stock market wealth effect. However, their econometrics are questionable. Their so-called ECM, used on a panel of US states and 14 OECD countries takes the form: l]8The Case et al (2005)  ECM   i["Case et al cont d  twhere y is real income, stock is stock market wealth, house is owner-occupied housing wealth. 1986 step-dummy interacted with D log house checks shifts. Among the omitted controls are levels of housing asset and stock market wealth, interest rates, the unemployment rate, and income growth expectations effects. >9~(7  o_"Case et al cont d  Pooling 14 countries denies heterogeneity due to institutional differences. Shifts in credit conditions are omitted from the OECD country data though Finland, Norway, Sweden, the UK and the Netherlands all went through revolutions in credit availability. Not surprisingly, the supposed housing wealth effect is even larger for the OECD countries, where credit conditions went through larger changes than for US states after 1982.Z QTable 3: Case-Quigley-Shiller specification of UK consumption function 1967-2005.RR .  4 5Implications for consumption of credit liberalization5  Conventional view is that credit liberalization just makes inter-temporal consumption smoothing easier. (Hence reduced  excess sensitivity ) LA"Consumption con t&    But credit market liberalization has 2 other effects, both omitted in aggregate Euler equation studies. Increased average cons/income (lower saving rate) as those saving for durables, esp. housing, save less because down-payments lower.   MB$Consumption cont d  Increased liquidity of  illiquid assets as e.g. housing collateral role enhanced. Thus missing level effects in standard consumption functions, and missing time varying parameters because of interaction effects between CCI and housing wealth and other variables.     Euler vs. solved out cons. fn.  REPIH consumption function comes from solving the Euler equations and life-cycle budget constraint. Need income forecasting model to generate permanent non-property income Solved out cons. fn. does not throw away long-run info. on income, assets Better for policy modelling, forecasting  lLog-linearize REPIH cons. fn.&    q`RM&L (1995) Handbook of A.E. consumption model where no immediate credit constraintSS$ S taXIf some consumers credit constrained, add& . --( - nATransactions costs in housing suggest possible capital gains termBB( B r In principle, forward-looking capital gains term, but backward looking if consumers crudely project past gains.sp s 4Micro-foundations of higher MPC out of liquid assets 5 Otsuka (2006) sets up Carroll/Deaton-type calibrated buffer stock saving model where income process has downside. Assumes credit limit. Illiquid asset faces transactions cost, though higher return. MPC higher for liquid assets than illiquid under optimal decision rule.   {Forecast income growth  |Forecast income growth 2  }Forecast income growth 3   Forecast income growth 4  Evidence for shift in fiscal policy around 1980: less  Keynesian role of government budget surplus and less relevance of trade deficits. We also test for a shift in the early 1980s in the role of real house prices, to be consistent with the shifting role of housing wealth in consumption with credit market liberalization outlined in section 3(d) above. We confirm the absence of a positive real house price effect on income before the early 1980s. Z  "Results for canonical habits model##( # qiCCI from BOE wp.314  Fernandez-Corugedo and Muellbauer estimate CCI as common factor in 10 jointly estimated credit variables, after controlling for rich set of economic and demographic factors Interpret as shift in credit supply function  nFigure 1: UK personal consumption and disaggregated assets relative to personal disposable non-property incomeoon  GFigure 2: Credit conditions index for the UK and the real interest rateHHG  J?UK empirical evidence  *CCI level effect is important: lowers hhold saving rate by around 5% relative to pre 1980 (not G.E.). Interaction effects with CCI important: - Housing collateral effect on consumption rises with CCI - Nominal rate effects weaken with CCI - Mild evidence that real rate effects strengthen with CCI$ZZ+&&   NC$UK evidence cont d  - Interaction effect with income growth expectations - Interaction with uncertainty indicator is weak - MPC for liquid assets roughly 0.13; illiquid financial wealth 0.02-0.03; housing wealth at CCI max also around 0.03.    OD$UK evidence cont d   Weaker long-run housing wealth effects than often estimated. Omission of CCI biases results seriously: e.g. much slower speed of adjustment, weaker real interest rate effects. Co-integration analysis suggests single vector linking log(c/y) and 3 asset/income ratios.  &   UK cons. fn. 1967-2005  6UK cons. fn. cont d 1967-05  z(Sensitivity to income forecasting model )  Use of average model consistent with forecasting literature favouring averaging. We expected to find somewhat lower MPCs out of assets for sophisticated model than for nave model. But found no significant difference. Can find income models implying slightly lower MPCs out of assets.(@u     UK conclusions   Housing wealth effect largely works through the  credit channel : high collateral values give better access to credit and so raise consumption, Aoki et al (2002, 2004) Important long-run effect of house prices on consumption contradicts BEQM - lacks theoretical foundations for a credit channel. Model explains recent shifts in correlation between consumption and real house price changes: lower stock market values between 2001 and 2004, and the depressing effect of higher debt to income ratio.P   South Africa  Major data construction effort, see Review of Income and Wealth 2006 We have no CCI (credit conditions index). Hence estimate 2-equation system of debt and consumption. Use dummies and prior knowledge of periods of credit liberalisation to estimate CCI from both equations. *E   CCI indicator for South Africa   Comparing coefficients SA/UK  Broadly consistent results  though we do not have useful unemployment data for SA. Similar effects of liquid assets minus debt. Results suggest somewhat higher IFA/y coeff. than for UK  note pensions are separated out. Housing  wealth effect larger than for UK and shifts less with CCI. We suspect asset price effects not fully purged of  confidence , and some under-est. of wealth. >TPP2PP@     [ ` %J++f` Fh;K]mSq|` h` ffiff3` ffΟ` }` RP@hk]Ҧ]phk]b` ff` ѹWfff3>?" dd@,?Pd@ l2 " d@l2`" d n?" dd@   @@``PR    @ ` `6p>> VV`GGV(  n   2BCDE4F>d @  MlwN0 *eN5l @`#" `OVOT    " >   BlCDEF"d@ llll@`#" ` P \    " 2  # l?d @? #" `fz)2   f? @? #" `R2  T?d @? #" ` 2   N? @? #" `82   T?d @? #" `R    bB~CDELFV @ x 6eM;ekAS$ xx~~ x x x (,@`#" ` v$    JBCBDE@FJ @ 6a0$a<B<x0<$ 6x$066"$@`#" `oJ+    JBYCDE@FJd @  Bl$<YH*lB  B B"$@`#" ` B    BCDEFyd @ 88~7S[57 5SkM/7~ 2)2$2~1)qAAe=Agq1~agI%=[y\~~rt@`#" ` nV   B`CDE$F.d @  0```0 @`#" `%2  N? @? #" `Fl \ /J   "/J 2  T?y @? #" `^Z 2  Z?yd @? #" ` v) 2  T?y @? #" `%  2  N? @? #" `@  2  N? @? #" `Q  2  N? @? #" `  z2  Z?yd @? #" `  _2  Z?d @? #" ` H =   BCDE\Ff @ N $<ITyr~s`CB 0 N04@`#" `     jBzCDEFyd @ 44;_`<$la$<`?]cWJ?z3WztJztW-xT0mf0TMx# J#zG}k;z#Jjl@`#" `^     BCDEpFzd @ ,0SlH*IC $BwfH,\BkS0b,,:<@`#" `"    JBkCDE@FJd @ YTSA$5SekTe*YAS*YTYT"$@`#" `  N  BCCDEPFZ U*<<C* [t $nNz`6z*,@`#" `eW N  BCDEPFZ +CtHV<+x =m1VzV7m%=*,@`#" `K     BhC3DEpFzd @ hma1O1lB\ C*Nr+=7Cm=+3 37Oahmhm:<@`#" `   !  B6CDElFvd @ 6*yP*xH0  $  **T,V8<@`#" ` /D ~ "  :BbCDE8FBd @ 7P\Zb$bJJ$CZ7 @`#" ` J  # JBCDEpFz s71[$T0 g$N~I%1s!+QIaCQ+!:<@`#" `Y\   gU $ "  gUf %  "BCDE(F4 @ JJ\r<le0 &Jn 0e9or\EoL9nJ&Ll<E\\\~c-S0*$n*J0,S~T~6\96T~.d,nd.-c9\\@`@`#" `hJ %. &  B CDEF @ $$$JBlfO<  I0ZZ* J*!NQr{C{lQH'0JL@`#" ` & @ '  BaCDE`Fj @  q$0xNr7aa1~Zl<$k   24@`#" ` V (  BHC6DE$F.d @  H$6$66*HHHH@`#" `~ )  ZBClDEHFRd @ +ZZN0B`l+lfTg<g*BT+Z+Z&(@`#" `ZU *  JBCUDE@FJd @ wrqY/%UUMqr<wYq<wrwr"$@`#" `FgV +  BSCZDE$F.d @  ;ZSTG<5*#0;Z;Z@`#" `( , bBCDEF ??%yIVg g%wgTI0%0TfwH0%g 0DBJ0 g$kB<`+<Oksg2bsO+@`#" `] * -  BCDEF @ ::hh<T'rE]ioi7Kg'nsfBg$7$0BZ~Br$ 7$mNm z ?im7u]9fB*hhvx@`#" `  .  BBmCBDE<FF @ +gm 1r *B60r $@`#" ` A N /  BBC0DE F* @ B0  0*BB@`#" `o 2 0 T? @? #" `W2 1 N? @? #" `.=2 2 T?d @? #" `B+2 3 N? @? #" `.^X2 4 T?d @? #" `Rr02 5 N? @? #" `\  I  6 " I  7  jB~C`DEPFZd@ `ZSB#$*MHZ`Z7T`B~*x*ZB1NZ``*,@`#" `r   8  JBC6DE@FJd@  xN $06$$Nx"$@`#" `   9  JB<CDE@FJd@ 6Z0~6~<Z6B0***0B6Z6Z"$@`#" `  I n :  *BCDE0F:d@  r H6 r r r @`#" `   ;  rBCDETF^@  r`N5*e_ /$ HZr )A) r r,0@`#" ` Y  <  BCDE`Fj@ B w$HZrwZ`rZB0H24@`#" `q + v =  2B+CDEFd@ ,,Z* 6HZl ~*Z~+l+Z+H6`0~ lZ H60`  6%H%Z%l~[\@`@`#" `  b    ># "  2 ? H?? #" `  2 @ N?d? #" `  2 A H?? #" `7% w 2 B N?d? #" `R5 d  C <S  " `}   X Click to edit Master title style!! ( D 0 V  " `   RClick to edit Master text styles Second level Third level Fourth level Fifth level!    S  E 6\  #" `^ `   ^*  F 6b  #" `^    d*   G 6g  #" `^ `   d*  B  s *޽h ? ff___PPT10i. +D=' = @B +  Ripple$V  ;U3UpFFT(  OT    " >   BlCDEF"d@ llll@`#" ` P \    " 2  # l?d @? #" `fz)2   f? @? #" `R2  T?d @? #" ` 2  N? @? #" `82   T?d @? #" `R    bB~CDELFV @ x 6eM;ekAS$ xx~~ x x x (,@`#" ` v$    JBCBDE@FJ @ 6a0$a<B<x0<$ 6x$066"$@`#" `oJ+    JBYCDE@FJd @  Bl$<YH*lB  B B"$@`#" ` B     BCDEFyd @ 88~7S[57 5SkM/7~ 2)2$2~1)qAAe=Agq1~agI%=[y\~~rt@`#" ` nV   B`CDE$F.d @  0```0 @`#" `%2  N? @? #" `Fl \ /J   "/J 2  T?y @? #" `^Z 2  Z?yd @? #" ` v) 2  T?y @? #" `%  2  N? @? #" `@  2  N? @? #" `Q  2  N? @? #" `  z2  Z?yd @? #" `  _2  Z?d @? #" ` H =   BCDE\Ff @ N $<ITyr~s`CB 0 N04@`#" `     jBzCDEFyd @ 44;_`<$la$<`?]cWJ?z3WztJztW-xT0mf0TMx# J#zG}k;z#Jjl@`#" `^     BCDEpFzd @ ,0SlH*IC $BwfH,\BkS0b,,:<@`#" `"    JBkCDE@FJd @ YTSA$5SekTe*YAS*YTYT"$@`#" `  N  BCCDEPFZ U*<<C* [t $nNz`6z*,@`#" `eW N  BCDEPFZ +CtHV<+x =m1VzV7m%=*,@`#" `K    BhC3DEpFzd @ hma1O1lB\ C*Nr+=7Cm=+3 37Oahmhm:<@`#" `      B6CDElFvd @ 6*yP*xH0  $  **T,V8<@`#" ` /D ~ !  :BbCDE8FBd @ 7P\Zb$bJJ$CZ7 @`#" ` J  " JBCDEpFz s71[$T0 g$N~I%1s!+QIaCQ+!:<@`#" `Y\   gU # "  gUf $  "BCDE(F4 @ JJ\r<le0 &Jn 0e9or\EoL9nJ&Ll<E\\\~c-S0*$n*J0,S~T~6\96T~.d,nd.-c9\\@`@`#" `hJ %. %  B CDEF @ $$$JBlfO<  I0ZZ* J*!NQr{C{lQH'0JL@`#" ` & @ &  BaCDE`Fj @  q$0xNr7aa1~Zl<$k   24@`#" ` V '  BHC6DE$F.d @  H$6$66*HHHH@`#" `~ (  ZBClDEHFRd @ +ZZN0B`l+lfTg<g*BT+Z+Z&(@`#" `ZU )  JBCUDE@FJd @ wrqY/%UUMqr<wYq<wrwr"$@`#" `FgV *  BSCZDE$F.d @  ;ZSTG<5*#0;Z;Z@`#" `( + bBCDEF ??%yIVg g%wgTI0%0TfwH0%g 0DBJ0 g$kB<`+<Oksg2bsO+@`#" `] * ,  BCDEF @ ::hh<T'rE]ioi7Kg'nsfBg$7$0BZ~Br$ 7$mNm z ?im7u]9fB*hhvx@`#" `  -  BBmCBDE<FF @ +gm 1r *B60r $@`#" ` A N .  BBC0DE F* @ B0  0*BB@`#" `o 2 / T? @? #" `W2 0 N? @? #" `.=2 1 T?d @? #" `B+2 2 N? @? #" `.^X2 3 T?d @? #" `Rr02 4 N? @? #" `\  I  5 " I  6  jB~C`DEPFZd@ `ZSB#$*MHZ`Z7T`B~*x*ZB1NZ``*,@`#" `r   7  JBC6DE@FJd@  xN $06$$Nx"$@`#" `   8  JB<CDE@FJd@ 6Z0~6~<Z6B0***0B6Z6Z"$@`#" `  I n 9  *BCDE0F:d@  r H6 r r r @`#" `   :  rBCDETF^@  r`N5*e_ /$ HZr )A) r r,0@`#" ` Y  ;  BCDE`Fj@ B w$HZrwZ`rZB0H24@`#" `q + v <  2B+CDEFd@ ,,Z* 6HZl ~*Z~+l+Z+H6`0~ lZ H60`  6%H%Z%l~[\@`@`#" `  b    =# "  2 > H?? #" `  2 ? N?d? #" `  2 @ H?? #" `7% w 2 A N?d? #" `R5 d  B <>  "*p   X Click to edit Master title style!!  C 0@  " `     [#Click to edit Master subtitle style$$  D 6,E  #" `` `   ^*  E 6H  #" ``    d*   F 6xM  #" `` `   d*  B  s *޽h ? ff___PPT10i. +D=' = @B +0 zr, (  , , 0H  P     P*   , 0p       R*  d , c $ ?    , 0w   0   RClick to edit Master text styles Second level Third level Fourth level Fifth level!     S , 6)  _P    P*   , 6  _    R*  H , 0޽h ? 3380___PPT10.,U X(  X X 0T  P     X*  X 0       Z*  X 6 `P    X*  X 6 `    Z* H X 0޽h ? ̙3380___PPT10.6 0*(  x  c $X B   r  S Y C `     H  0޽h ? 33___PPT10i.,$+D=' = @B +  0(  x  c $ C `}    x  c $0 D `   H  0޽h ? 33___PPT10i.cP+D=' = @B +  0(  x  c $ C `}    x  c $N D `   H  0޽h ? 33___PPT10i.cpoi+D=' = @B +  0(  x  c $s C `}   x  c $t D `   H  0޽h ? 33___PPT10i.c8إ+D=' = @B +  0(  x  c $ C `}   x  c $8 D `   H  0޽h ? 33___PPT10i.c`Mb+D=' = @B +  0(  x  c $ C `}   x  c $< D `   H  0޽h ? 33___PPT10i.cA+D=' = @B +  0(  x  c $@ C `}   x  c $ D `   H  0޽h ? 33___PPT10i.cCĚ+D=' = @B +  0(  x  c $x' C `}   x  c $8( D `   H  0޽h ? 33___PPT10i. cv]+D=' = @B +  $0(  $x $ c $< C `}   x $ c $D= D `   H $ 0޽h ? 33___PPT10i.#c +D=' = @B +  `R(  x  c $K C `}    0 NA J?D^  J  H  0޽h ? 33___PPT10i."c0#j+D=' = @B +  00(  x  c $0O C `}   x  c $O D `   H  0޽h ? 33___PPT10i.!cP+D=' = @B +  (0(  (x ( c $] C `}   x ( c $^ D `   H ( 0޽h ? 33___PPT10i.$cÀ+D=' = @B +PP  gO_O ON(  r  S l C `}   EN  `-  #"F:  `-  . } BI ?`-VNF___PPT9(  V2.016(" d# . { BTL ?-VNF___PPT9(  V2.016(" d# & z <8N ? -VNF___PPT9(  TD.W.4 " d# / x BR ? `VNF___PPT9(  W0.6136(" d# / v BY ? VNF___PPT9(  W0.6116(" d# ; u <hW ?  VNF___PPT9(  iAdj. R2F " d# + 2 s B` ?) ` VNF___PPT9(  Z7.10E-036 (" d# 2 q Bg ?)  VNF___PPT9(  Z7.11E-036 (" d# ? p <|j ? )  VNF___PPT9(  ms.e4 " d# - o Bl ?P} `) VNF___PPT9(  U1.56(" d# / n B\r ?} P) VNF___PPT9(  W0.0346(" d# + m B! ? } ) VNF___PPT9(  S-6(" d# + l B% ?} ) VNF___PPT9(  S-6(" d# \ k <h ? } ) VNF___PPT9(   log stockma84 " d#  + j Bt ?P `} VNF___PPT9(  S-6(" d# + i B[ ? P} VNF___PPT9(  S-6(" d# . h BT ? } VNF___PPT9(  V0.476(" d# 1 g B ? } VNF___PPT9(  Y4.0E-036(" d# Z f <4 ?  } VNF___PPT9(   log stock-14 " d #  + e B ?P% ` VNF___PPT9(  S-6(" d# + d B2 ?% P VNF___PPT9(  S-6(" d# - c B< ? %  VNF___PPT9(  U1.46(" d# / b BX= ?% VNF___PPT9(  W0.0126(" d# V a <= ? %  VNF___PPT9(   log stock4 " d #  . ` BA ?P `% VNF___PPT9(  V0.776(" d# / _ Bd> ? P% VNF___PPT9(  W0.0296(" d# . ^ Bp ?  % VNF___PPT9(  V0.726(" d# / ] BЛ ? % VNF___PPT9(  W0.0276(" d# l \ << ?  % VNF___PPT9(  $Dum86*  log house4 " d#  - [ B9 ?Pf ` VNF___PPT9(  U3.16(" d# / Z B~ ?f P VNF___PPT9(  W0.0906(" d# - Y B`' ? f  VNF___PPT9(  U3.66(" d# . X B ?f  VNF___PPT9(  V0.106(" d# V W < ? f  VNF___PPT9(   log house4 " d #  . V B ?PS`f VNF___PPT9(  V0.756(" d# / U B ?SPf VNF___PPT9(  W0.0136(" d# . T B ? Sf VNF___PPT9(  V0.736(" d# / S B" ?S f VNF___PPT9(  W0.0136(" d# J R <X' ? Sf VNF___PPT9(  x(Log y(-1)  log c(-1)4 " d# - Q B / ?P`SVNF___PPT9(  U5.06(" d# . P B$1 ?PSVNF___PPT9(  V0.236(" d# - O B45 ? SVNF___PPT9(  U5.06(" d# . N B9 ? SVNF___PPT9(  V0.236(" d# P M <|= ? SVNF___PPT9(  ~ log y4 " d# / L B ?P`VNF___PPT9(  W-0.236(" d# 0 K B ?PVNF___PPT9(  X-0.0136(" d# 0 J B ? VNF___PPT9(  X-0.0736(" d# 2 I B0 ? VNF___PPT9(  Z-4.2E-036 (" d# Z H < ? VNF___PPT9(   log c (-1)4 " d #  , G < ?Px`VNF___PPT9(  Zt- ratio6 (" d# / F <ȡ ?xPVNF___PPT9(  ] coefficient6 (" d # , E < ? xVNF___PPT9(  Zt- ratio6 (" d# / D <D ?x VNF___PPT9(  ] coefficient6 (" d # F C < ? xVNF___PPT9(  t Regressors4 " d #  < ? <t ?`xVNF___PPT9(  jWith non-property income6(" d#  > < ? xVNF___PPT9(  4Dependent variable  log cn " d " d# # # ZB  s *1 ? `ZB  s *1 ? -`-ZB  s *1 ?  -ZB  s *1 ?``-ZB  s *1 ? x`xZB  s *1 ?-ZB  s *1 ? `ZB  s *1 ? x ) ZB  s *1 ?x-ZB  s *1 ?PxP) ZB  s *1 ? `ZB  s *1 ? S`SZB  s *1 ? f `f ZB  s *1 ?  ` ZB  s *1 ? % `% ZB  s *1 ?  ` ZB / s *1 ? } `} ZB F s *1 ? ) `) ZB ] s *1 ?  ` ZB p s *1 ? `H  0޽h ? ff___PPT10i.۷c+D=' = @B +$   $(  r  S  C `}   r  S h D `   H  0޽h ? ff80___PPT10.e  0(  x  c $ C `}   x  c $ȧ D `   H  0޽h ? 33___PPT10i.Gw>+D=' = @B +  0(  x  c $ C `}   x  c $ D `   H  0޽h ? 33___PPT10i.H0 +D=' = @B +}   l$(  lr l S x C `}   r l S t D `   H l 0޽h ? ff___PPT10i. 9+D=' = @B +  R(  x  c $ C `}    0 NA a?DO a  H  0޽h ? 33___PPT10i.[dE+D=' = @B +  ,R(  ,x , c $/ C `}    ,0 NA  ?D'V    H , 0޽h ? 33___PPT10i.%ccx+D=' = @B +   LR(  Lx L c $H} C `}    L0 NA Q?D  Q  H L 0޽h ? 33___PPT10i.'ccv+D=' = @B +A  XP(  r  S F CT   r  S G D'g    0  bA ?D?"?@d    H  0޽h ? 33___PPT10i. +D=' = @B +}   h$(  hr h S p C `}   r h S q D/'gR   H h 0޽h ? ff___PPT10i.v+D=' = @B +   (L(  (r ( S m C `}    (0 NA G?Dg G  H ( 0޽h ? h___PPT10i.+D=' = @B +   4L(  4r 4 S @ C `}    40 NA A?DJn A  H 4 0޽h ? h___PPT10i.е+D=' = @B +   <f(  < < s *1 C"` `}    <0 NA g?D&~ g  H < 0޽h ? h___PPT10i.R+D=' = @B +}  p $(  r  S 6 C `}   r  S T7 D `   H  0޽h ? ff___PPT10i.v0p+D=' dFy= @B +0M  GL?L O K(  r  S  C `}    0 NA M?Dq@  M  X , 0 3 6< "`qf6 j&Striking support for buffer-stock idea'' ' =I p M    #":. olllMp      <x ?x   T  @`&  <D ?)x  VNF___PPT9(  T1.344 " d#   <` ?x )  T  @`&  < ?x  VNF___PPT9(  T1.384 " d#   < ?x   T  @`&  <$ ?p x  VNF___PPT9(  TD.W.4 " d# 7  < ?2 x VNF___PPT9(  e4 " d#   '  <X ?)2 x VNF___PPT9(  U0.5544 " d#   < ?2 )x  T  @`'  <@ ?2 x VNF___PPT9(  U0.5094 " d#   < ?2 x  T  @`,  < ?p 2 x VNF___PPT9(  Z adj. R sq.4 " d # 7  < ?B 2 VNF___PPT9(  e4 " d#   )  <@^ ?)B 2 VNF___PPT9(  W0.007624 " d# 7  <X` ?B )2 VNF___PPT9(  e4 " d#   )  <tg ?B 2 VNF___PPT9(  W0.007994 " d# 7  <e ?B 2 VNF___PPT9(  e4 " d#   H  <Ty ?p B 2 VNF___PPT9(  vs.e.4 " d#   &  < ?# B VNF___PPT9(  T10.54 " d# '  <m ?)# B VNF___PPT9(  U0.0304 " d# '  <. ?# )B VNF___PPT9(  Uditto4 " d# '  < u ?# B VNF___PPT9(  Uditto4 " d# V  <K ?# B VNF___PPT9(  2F " d# + 9  <O ?p # B VNF___PPT9(  gIlliquid assets/income4 " d# %  <U ?# VNF___PPT9(  S5.94 " d# '  <P ?)# VNF___PPT9(  U0.1094 " d# %  <̈ ?)# VNF___PPT9(  S8.04 " d# ' ߥ < ?# VNF___PPT9(  U0.0194 " d# V ޥ <} ?# VNF___PPT9(  1F " d# + ; ݥ < ?p # VNF___PPT9(  iNet liquid assets/income4 " d# % ܥ < ?XVNF___PPT9(  S5.14 " d# & ۥ <ԝ ?)XVNF___PPT9(  T0.824 " d# % ڥ <[ ?X)VNF___PPT9(  S4.64 " d# & ٥ <P\ ?XVNF___PPT9(  T1.214 " d# 8 إ <` ?XVNF___PPT9(  f3F " d# + C ץ < d ?p XVNF___PPT9(  qdlyperm4 " d# % ֥ <Xe ?XVNF___PPT9(  S5.64 " d# ( ե <m ?)XVNF___PPT9(  V-0.1104 " d# % ԥ <q ?)XVNF___PPT9(  S1.34 " d# ( ӥ <u ?XVNF___PPT9(  V-0.0194 " d# 8 ҥ <z ?XVNF___PPT9(  f0F " d# + + ѥ <~ ?p XVNF___PPT9(  Y Intercept4 " d # % Х < ?VNF___PPT9(  S6.24 " d# & ϥ << ?)VNF___PPT9(  T0.264 " d# % Υ < ?)VNF___PPT9(  S4.64 " d# & ͥ < ?VNF___PPT9(  T0.174 " d# $ ̥ <X ?VNF___PPT9(  R4 " d# 7 ˥ < ?p VNF___PPT9(  eSpeed of adjustment 4 " d# ) ʥ <( ?VNF___PPT9(  Wt-ratio4 " d# B ɥ <9 ?)VNF___PPT9(  pCoeff.4 " d# ) ȥ <@ ?)VNF___PPT9(  Wt-rati04 " d# B ǥ <J ?VNF___PPT9(  pCoeff.4 " d#  å <HO ?)MVNF___PPT9(  11967:1-2005:4 MPC for net liquid assets differentn " d$ " d # # ##  %   <QmM1i E@:#J~)ƙsZeG@0@,}('T Qx(vIZ:zS g>F&ʼnQGlFܦ4A[a)ȢW:>X^n2]c+m~hS&Ҋ[J̉17?&KYDQFV Å3;Bʙ _xfh2-YѴ=SǕ-NNV;ɓ%FBɃIςh2ir\96}/?&-/϶ϗ} 0GXZL;oco㖟4YދÂ<^*gyG8έiHNtD0N7;C{[@$K 5EC -tm-br s{{ӆ{55D+ĺlkjx~ʉ}n^DUbWw; J &Y1ӦqȘTRu!bz봂cFh0|Q5Vqxo/pIƥs&0KO?س b͋cL|T3֦SKՠf(M6oCIJ9k?2- J跋z^*S-|a{dE딃hgu{g+ =3(W< KB i!y%0v;RV7g?B^'0xZ_lU?wk m6NADۺɃu F$(A0b|Q D)(` 3KėeEsv]G{{=]/w\A4VƸ:. Ob1Ѭ6W^^RR j</ԏ.u3\ ba'ыhN9Cޥ3g&>si!%'3ǯg@_rf6cBAtPn_NDbB^h6\89iW|Gٵ3HhLO flA"K^S2I(&c?٬?r&^0+}*CUg44SllƧ>g^╕,G=[U"<q8=Us: /`=K6(2fm"zjef_襎L.4J'<񷸿M8=;%<;{LJ9ׇ*8ko fߺduq/#&H_v׍?r"FbAf0'Q2 A vP$YY05IVww,ْHjn1.YEL*dtza"&s\fH4ڕCB"c]6͖TZ]i3(lIdWPDG2}W:G\V J dʥՉPhycl![B9nْI}2<Ȝf|Eb. IWwŤaaG0 s%$* {OR{@9;U:;}^AQ8M!ėjpz_ aylbE͚Nƿ OQ<mg{=*`w-V_?<9X{gs_Yvt HoUdƏr'f 5E ylVP ~ k=Ad飷Ey8~c04-:r0C`rZy"W-qax4d=dޓ?azvW IJazv`x{"&jR1[:z$ FbƵSQ$Y^K3D2O.bSdIIƞNGuS I;"*wQ앂Nrb.t$Sפ)1GeseS̪3nNŭ$U,Ւ{ ?on~[&g6c\9+rY+ݐө[UB4^8,j=<5 x[!c; Se0f?@~hhWr1-fKLK1 NŰÅӶGDĀ(XG`Tbrvv ژM(8P7 R%$xX_lUkB;@6F"$n,l 5] [ ABb LL D|AE$2f1Ft_u-|saӝsϽsjOoy*gQ& d 73eZRq%F1*Ġ}i93W2wo=*-8I:b^& Y*^؁)I6+d]hC3O+qVǬ|?zɶOmZ)Ii7$ /r15Gmb7~ %?8|/e2b:]0_ y|l` st[CZu`--go#ƿEz}rSe(BȚPC&VɶgWJjc ဥ=& sSHQv9f)Ix;{t΁Hx> _"vw=߾*tE C`|  UUh[k}oAby:EQ{wPXQ28?hٱG93u^7?g.Jx{Q)oFe1ZxmU6^} F% |OڴX"<#=8) $~pυ|(L[DNJǠ5tQ}9RU]\Ae(2. FdW(⒀qv`<󯑒%R/4-e{ \զ0"UwP"i$ܪy#~E2-[.m|s?zx s@6](jg n7:5'0b )CQ3'0]c&mol@ЖoJj|BG_!@A[΃#`3Pa ̋H.ʹtGAz1Aa!x  D0`C E #  A*x `.LB )b42)6R*{9Ps!Cj$jF1>f},Y:M%S $0+K EQ HX߬kXOj}W.Ow?<Xa9{,|PߛyP Gs9lR9gs8s%; ~HP!K3<9"1JW|$ =״A_Ǽ+8>=[^?z@# ҥiBiFPc =yXG&[(f#Ώ@$ ѽdPaa _vܘj:Xel JeX^J6,}w?jC1u-%S M\Dzqy IN&oώCjW||~mgVF.?LazFǺ}]x^ǂiX4>^Azt#s^Φ\^sJM >Eo.m^J٘Aeh.030>7u4>ޟe'^ N;5!;3'3)W7))5ALKWeRz8V܇n4x9WNh DhY\8tbO#>"Z7#}(|=>&;;:z飐9u)nZ5_^;nzk7A߿}o榮h}Piidot׾"`sI5M-]W;61ٯGweBfFN^zVnjf2)/#†؄yAi* }}. @|hFW-o͚Z~TnC|}&g.adM"q!v'hy$w O"~&`"AS14s ynpEl3JKSeW~Ofvz\Obfne2Xtg IexMGϹ|2D'oB̌v[ xlHCl co էQ:EC&z\9>2s}G{N 煴k#Wvt `mVAx1-1=-h.S0Ԑ#ͤ_YђׂYi!6=~|yu^f q-g Κ&4ᣬ,,]k^r-7,g-E^7l`:D~}|O#/%/ -kJm X=^:pofA!=;R=Z[s2AzLVOٻKd2rt^(LYa9(S읖N-P)U |KRZTeԌd*RONo_|/U2_AzY2.#ʂʤlezfN.NK{UqL;xX ))< 舠BL@ v%v ؉`7N"@p]X!}+G.=:ңn=ӹ6C~!V9*^kIW@t=U=S\HuDWiUt;Llo^ 6]7O0uۼfhnbn,JYkm9m_TU z3=)'yQ -p'&.(Gtg mHb5ޓBpm^$xQKjKG`7(5]kDӐpfFXMC6ѐROR\ԣEu31?q)e;S.y X֚}K9-#D}KkrDFv'Dq2elGTjCu^QvqL͂Jߑ T_=:VԢ|5ݥ34 ɞ 4D0q-ڸ(xPy)QB/D/}֥kkjqbV> 2W#؇`?5 ɟ$7Ě Zyg`M`+j:h>IK8xo9:_eف!jW~b"GXឭ|aQ1yfm>-E)nS; f&3 Ӝ%hjijyLx"ܖ^ R"H bprƣY klKñ j x `:,I=HRå8{)Z8@]}P<'1-n'4c} 5o"q` (A ڠХR%.sNX?' kA0}X.ׯ\ ڃW0CCtYN'ȉ N`_ ˜.`߹{ᐓM#`ZVGNt~wV:^ò7\Cل0,J-:Q}a5zY "!x0e0}4 +FEC&7bR2ނqaAppr byh䎊CM< 0%H ȖPX2Hcvгې. ƌ#huρVyаws>caXp͇N ᝐ|X1. l `KL|X*/S n М?6='1" 7=bP1D p t>i2iuӧCXF̈́wc6t'E9p2xLm{a\<!Ch|8u>|N, A6_X1;/_O8:/oX 16K!ɧTeAZU*z6K"\o`Z_ } "Q 6v`MPl a?˜0I\=[8ww'ÓvAp77G<dO<r>!p89( _aM} H8 m΂[Y,/Ρ=/ /";^F}j |'$=n®?]x}bp#}ÿ"/$5~*1 骧p6)A_g3X BϡFTJm,/Snyx(%Pzbq0RF!Ȅ/ƒ9΅@[}$BH,fP" ~R P SRb%/P= !R T$jPx泏u H^aHIeW4&g:#H_IrlY (5!`2LF˪;;p51'c)].`NxЉ 1k*TR"`JOdSvwʭQwMn:IЊ?T Vy94p˱ bD|k9ԇ4YӺ$ɠ>u1Lr/4/ZW4mœlri{ !ArnJ6M !j +\3p8SZrAqktu*eV9aE4Ezv m`vU$$k@u&r<@hP@SJYhSݼQ.":h=+靟>ݾs7?}Rs_reXdVt[%oxfټ<)כq &]po8l~# O*»oyÓgo8l1B4tV[?ݾ-vhqVU)7۬oӏ ;Aǯ*b5nadBvNKG=5jшV';Ҝ9ufLɌ韖lxۻo7qFԚeGvZѵw]7# ww;cwN :]x?ks^qf˟2ykO[Ou*쇐mt@vKo./~ϖEmrzޣ߽,q?[{s-ϟ*2hr̾F|)ӂ>{~+jT3yrpp^sDG\p} ~,@y? *8 svڕxќAqSV--fϻ~t-eaZr=yOZ}uJ#Z/G?h v|9:~b)&ءCW P©N[0gϺh5sKnD] vo7掋#.t9ͽx|Q]礯{):׳CR!JH[8"`{Sog92G''6>'dy%Ί/koVM2V<=^pZU .ts]wuϻ6oTϠe1eN:t74tղ>;s7Aw7~8w nrxfkZ-9wLJ.mlI\߿\lYס^NC&ŋ|{uDqjWhޖ=Ρgf>lnm^ Rړk>K\lW׏dBT~G_)鲿xK֑2ffF]mTwzTVخZUIUٟn>m) %I[ENY'}ip˷w<%Ƅ/\m"Kp)8"3_Yy 9\[8\T"A~_#pt9*CHKZ:+Dr %%i7Q1^lZ*S+w~IJ/{>^e~_?V[._UŭX^)6_ɺTke{wr } aa- brM3&GL 7.l;:gO|&`VORe hկu/?%bK_Y82gđ2Z.gh/ԍhuTeSQӖ>1V0c**˲fuk=Lea1Lubm/N޾ ZPy90L.`y"[7tZL{_In.|zp(Ͽ˰ٽSI|y^銦f6pr#Ѥ]lVz{XэɫmHpvސCH6O}{eBm5dWv=~VZҢDkӤ}FIs,M$r|&aO~/mo, UoaWH6iי!wflh[QӮty9j?ѥh`zdxUSg?sYOs\TbotdV;=gllAX0aߦԢ`hڬy S74+;`Yˉ1d[[xOѕ ۤ{Yss>!W$rJv#vo;ozB>uc:_?e&/1e =-`?{~nknQ)OMh9mw7|M#G8/GF\;bussu?c>GkϜI:AbiK2R}عxK;Ǟ,eIKUE%՛iD͝۴sܮõ1om697Ɛʮ=d={>kW mn7|z8x⬏fk˨'iVOݭf>tЪ-GKe[%'K,  Ree,ZZi>a}zhcmLҁ\buX m-1^ZBDYd'ϒ/aV4+D bw;'`7%~`z+> Z: :@89:PMqq\ 0<ͩ.M;@3Ӝȇ$Kaw`2ǗzI1P^*W|t՟@.X͔3c2+\>R-kH -mxɚ>$BcI w[i[݈X-dM)n}NX9p6bd_iU玻Վ;tJަw%z[M!c22jhS%2¦ ꥌ6Ub*\KS2 n1sq!ad'@QC`P3{vX jOIPW6ZqUbہ/AT`Q:" ͍օ]>lToj?B)USyAK%iT2+-\ 42~~%EX*~2\9r"B- 6R_y"ȽRZ,k< 4~"/$m40h-®5GPa׊Kӟ-;-*XK[EWf.+~J xfD3T.3`g&B4L7τ1dalR8k(aXɒ!QВ%\m1Y#in4a;$>1Xl'XL2.u_1[vY98C9ow R80s9 xF?-.;/ u[Ӻ.b.bu)c ?S 'G&Lߊw)?cfUB ufB~].buǁK֥_l\ݺcecuKKn]G]?߾ե_.=ul@%ݫ0U2ӛLܜIǻ<`wa?k8uUH@ cHf*?](U"٢J=Х+dUZKCCcұP^ +P^4بwdm),+6V%C \!82[ |nl)yr][ -E_bKұPRtl)T:*[ -JǖBcK2Ėjmh')+XPRS_]nMb\;FK 1 PBVd0c#[1lx0ӎMb^k\,q6J?51Ň$\6{wA=<8srT/Xj1K@7.I7oM5v|H>$gL0NpB{n v>;H 5iȑm})+Dk*H'H%Z Ԛi79'Iz<@ޔNBYgʬ9¤! $3ekV>PDsc4FM~'bǔ%rN܃lrc1;~} `Wӵg1:S[xJcDګLiGO|3D/5S_)c*,,v;vNк\w &;ѢjdZT2ZZEse+Bc7ySH̕Uț.KK_jKB]!Fa4dO r`H s(Q k?X|3 oZ]$I=fo)\)ҧN>-%Brm鸔\ZJ&|)$cE|L;!k})~;xR09ۅ*$1PAB뼐TH>gzH0;L^,$dڻb]B@z)9Cw)k՜RHЖA ̋aXkh b?DAgM= ۰ bdԟ B^w_X_D*{Wq߻7#{ߓ\Egȱ:z03_Qwf7aLGCf mʼn^r~ο2&{8=B~oN5m/}[O&z󟿶Y~d_l;㿛ӿ76$1eolw. HG A)"`:E3A6 ؈(coQ?_x y)i:͎dw٘doZRloKtw,\Cp5vL<BfBta/{xswǐUWF~x.+3+TjWF.]JVb99R9{߻2"{j,1};A_8o:Xsš@6;-c"SLco"8 tkQ!h=`3g =b/C+cCkŲ߻Fy㼛㼛㼛wgfP†$u$֊sw}IVqޅT>e՚q8HG2zm9{IמUocK%zccFwR/Ǖz1V_$nyzWD~4gUl/ɘ͞a+߄{$Y͍sFA4v=l/fFoՆvSp旜ʶTWS_ՕWњczO?V: :;#ӓl06oՇϷV[^OtgUlv1kAȔH OCT$v%Šj[eυ;Q8V&R3ix%3iNȱ UwG1>?l<F?=W&ic_z$kC5_Ok,,,# }?sRϥsWTsRϥ:Ku?.\TsRϥ:K٩rr+YYYYYϪ_ϪuxVxVójUZg:GL-$,W@s$?Vds$7e|@Ư煔_4tIB{m.)c$QbL<]$L4ɮLi K²&d)m3,o8X)ȇb)\#oK?Ҍr*2~9y?p Sv`?fI1">5^xrX:Lxv~ʋ\~ʋruH0JS^,ekv\rS0~k+oұ]ٕROy?4Z Ix_ k_&U=6-exPe,oeGdP}W$()Fi^3C2>Ϙdc'-؅3x3[`iG_up.sŸlOX}OUn,ť\E2+KNJrjf?YU}~ʐX= E} ;)'"(Q vL`)@?0]zN"yae e\XzXSz!%#!L &R iɄtufLلPH`R1PD(&J eR>**B5aJs-aa6aa.a'>(+1;0;΄Ϳc )zm&dgA%!Arcb0vL&Hw&\ ] nn ;ЃAI$"&!x >_ i,^A@Baa(a!o 'J '=LA@ڑh} 8B<\/-!L6vci'=%cZgvj,TxTHLK6(LV&%&ZV26>`*smgug֭V7?+ss?Drg4W;Җ-]] T YRO'H=\+'0ٶA+QBG%2Zj9AR^Ob`ˬߣgվ<`}vH1m;-XN=Hҳ&.l۔ԿJ$s_g}_m;TmB7?3Y}VyC0 OğHI:QX ݧѡ*ܸ<;*儽KGe-풴Ⲥzlaqn&>w&8ia^&Aƾ#T|X|DCoߑ5i, [V^PRB> g!@k[p(qy\̈́MdivUqnI%%3;"u A/Mr9u,m Q*F3\~~ѧfn.n~sgXb;bl;~ o!^_; vb#OxY!XWQsr4EEޚHRx%noHa0D-BWXɬdjfT$_Y[)䕖,WTZ:9djKgTh3+s+5OeA&0//9-I4ldށ8gUϭ]\f6~tuh~}@O_kQMZ?wasց23G#ÜD+qdD Tc﬩YS||1W8qTH[n_qָgoJܜ_xtFz:2kb{I_It {Gᶢ}szWq8u['ۢAT< pg'NU3Txk3TͅK3OkU|qbo#| x?IPbU um|4l4ˡj Ų`Qjr8i8䏩w=q͔虹LU1>%Vi'l8@;5Uk5y4ԋjgiӹrUA_g="XsgH{R$5^_[5}][`kC:Z+נz>ԓIJ4zfs 9d䶙dSHD%jn>I']Cny7oQTџd^(3})$N]ɿ 0`6e;-N yss*\nbb+"Nq?{ԃvQbɳu=AQ?OE{G+!PF('T u넛 ' !N$D 4B:!C( L%bNK;wp\ڻȝK֭6 XŀD833꩝1#j˧Qug̈́hsJsczƓK*CNn`dvķ[^È((8Y%3*/h|Zc Fb~zLA|@"L8y*H:g=xJF?I 19M98KYܐkw6Jh,k H9" -JIR'G",ߟ!r$g({ L>Τ4mG񱭸j< /~jyA`xKtI5>Xȋɬe+qoL G)A,se]Lx$RJ}ߨDXҨi&QrgA"k:, s3F _^"Fi =IG%n5.DR DO2i !zĵk>ЙT;ko|'t > Q7W fq)e*o٨ J5q3.wdh$md-WEˬY求AG' s—ILi&|x=C%++(%x[JG-]&IYT .p/EA "I~1|f!?eD'͟'2o EIYT,rӠ+2#Sm xyZsĠ.F1JQr!ds4RY{"!>=iq"/M8hx/ʞ8(B+V$VKKԲӇ9xMqT;ku+RŹ_IZ+mEb˶5V[\5'zZB@h }ФK!s]HS7L0;yQM?@Sd\fRG/L,Rު ~zi\%!]{ASb9O .Y|zn{ur0`Z~lX%)^ಫ=h˹gr.׹/ ɡBþ) p.G^oG,{Q7zQj+L\[b{QެlM^>0p*5)l v@Ir `Mt?]Q V O ♬/;OI`ڢTnB\+ZDZ{6(c(5 a]Q׋M=kA Xů ,6կ127)XM>{wh 4M!sFR;ah1,W<92̘[97M|5ǘq+u~JeoX1~P\M*.oIiZZM2o}3Fw1GN ctG&\ vn&,ͅSG\Zl,~^n&|4uјy`H4cԚo\ѽҷ_GD09Dz\c 3}vK KxfmݐQSKXMծ [5k2&צSP;9gd&Nuio]BMB#W\)Pca.z,|(<٘a]tW&PAld&6l|BceVFXPTY7aEi(gEI(3L쬛aCj#6mfiKJlm ؚ.}53%fd&a3["kC1k*PCD;D]"*əuԢUwDT)g-\qv){g/JXs2n$i32,iwxeDTֻNDykJlK+XV=Ķbi4|Z whp-OuCD[u62R,LZ!` KݤeN{ԭI *rhԷΥo҂#sk ")s}B`B!9y.Cu_z G|0pUs<1 \v  G;h0ٸcl81 lG;ƥv|HuN>xږ9&R$t9H7'?ǰJ]VcUjltr@eVZ =IA8:Xe2Kl•!V6 6UV ָi螝`g YS<0&H*8VöѶتQC=ՈF]Ǫ1:Si|a{=0s$8bGq)ab[N8'\Ku§ݝVI..PuoO}vpsE~+()=}a勵e/r|9 @p0Mb D A2/UxK*#QԅhA F`He%44^ |z~ $M B0`!81`(*2bgP5{̇!0[0  Bp*K`bp|3CMC1GNf@楆2' a*jp\ ,~"eϊ+v9F`T;G!fXEQx, kTX>#1)b$ghJ0>1ؕc6|叆&o[ ,ዠ8ɈCeN$Ήx+/NĽDLIHĸD 1$DuJ;!md2 cbS8t 1mxK'*c7arm'l MUb NKӉ&bD|\=5Y&XbM*T.Hņ񩨝(I0 NBIxWJ'cuU-p2Oɘ8'h2Nûk:j{c{V:ܼ@,20[*eS\&fczvgK&Fe 6w2qv&ffޠl̍ƏqqJ6fgCcspϊrG w\T8y\"k&-|Z2`K!~,T\7çbPTMCP"RcC1[1_ Ĕ <Jqĵ =PSӑ7}1}Q=AHX VT]%FV@D%kX^UYl{G56UcS5FUjbN5n35`ox 4;'bV Dԙx&Ā3qG-2"5>ͮEdi-Z“.`o 0jl9o.sQ9{.~0!pw<2cAQ1W!xLL#|3d>Cco|ܱZ ]$s!n.WoE1bLcb w[Pd`،%pW>Ր-!>Ԑ+ƯX8ƌ}ea _ƷT/9pTxY˱v9~Ǭ+U :cĨ.+acW\J^WؤUXW KSqxj[Fp5xZ k2} ^Y='ecYnǬEصxjZgR!OF{]؀@ x~l@fq|8e>&O <M|5O"vړ.FnD&p݄ژMhۄY͸cߌU 1[f:v`N3P݁<#vñ;9;v"zN8ؚ]8g,x<>Ϣksxms} GyY/`0v 7ET׾f׮wր=X2|J=GXŭ!p%d^/!*%%e,{ǻct?:c^An+0 .B}fA:|^EڨWa|k!bVz K,a!\p=vVY~6y_d8?u^u{{qoS80b~a,tA#8}V6fwp9\~\bax{Q܊>bܣ:p1hҏ᧒c׀ؔr[ҏcY~9kN`y .8xI}zDIENaT)lro>]p G OSu >i]NaiTFH >MuiN> ԞpxLC՘\>3SǮQ5}앟=>gք3x ,~j>C8#;|zߏ13>kdgr9):ssm9,9sXrOC<GO0,S<),/@X8}3?Gaw;V/bwbE.|.aK|`H_Q_"Fq3.c2{^OeXt+5 W*6u aWq6*fU8w`ur8;OI&7E6&nDM$3Pu GB|-'܂P~ U:˯А_C5Fܯ7X }Cco|7-2jBͷH]vzL/qwp}d=O Ď ?T8]# '/P%m տ`E~SgsKn|{K,B{f3#0DT(erC0|$ b~*/;$ųx#R)S:Βn}4QȘj0~xP4i)}Br*SL)ݍQ}c*hNeR`R'Գo~=8&Nͦe;rc[TF7ww--C-Np'~Q¿2p:˧[?':gF :1ׄSCv)̉4<Νjޜ_.<=|h|ƊZTÛOpa/k)Cy'|d"3;['Ƹ5ؽ l^YpkvR ( &S`A$?kB' AE% v{ЙD祅AK}+.UQ %xBdUz6:*:(k %XtpRd ܿcώ[rMgB<}CU/D> \O\줼džjLS|{dtRNvoMk#Nٖ iJ~_|`oE_.zCvi"˾{qk3I[h{v7k^~8.-"qs1Kܽ2}?hwj6<٥ [`E]0ڵ=#w}ϻy`'kLwk'W%_zߚÀ׾Q>-Nzk~tzyWT[oPe_>vRWxگFsw;vܼ7a^&|Jou![\4~.yS:Ͻ43_+c ?}dn{xa*jC-ftw%iM Wk|'|:O_aOV:ߜ~ `b?Ʉ묭Ī/zs}k랞sJoN||hencݠi_g|-yfutg}ګxޕUu}xȲ>ngktա:TPCuա:o-;cr푏̬:9Hu4jܕQq3%'aOV2o*#8_o 2{̊bЛUgmQpAPAg2+Ȼ 2ALnl(B[X[ϝI*-,i;Cf|'{Rϭm)GgKςq@5[4_38h8T@2ڐ11u?M+녢4Y o^hF9i'{!Q Jz!z*B8ُ"/2&JoќFLAFN>Dp<׏:c\4ւ~"@7.{U%44h%K^&0 קԹx6rɫw3~4֥. C> meZ>-Hbh*ژnU,1I5&Dkc!g,ZX؞7g`3ϛ3y&K6݇j>w*/8qrfoվ4~PN T8C;¦ͱMLV8( ߱U6}'yfqViQ`45g,U%lyxTMڀQMkTKviL a]jlr׷G-2Nc_J1SMBk#((M(wm_ku1Xpg2֣]8FOlUxY6n{VH==8ONrc;='Ə{M[za%dKBprn![ قdg.R-@qh\nC=~[EP/(%D|}~A-Í{X&r*I;bi̕?!ڰVweZ17t MRqXtb#ҊҼJ͈U%>2L!Y<'`)DmR?g8/{=,,LnXφ$6bˤnv xv/.8AC|,AI$:F^}CK`_mL>Xcݣ|`wƱ[X]1&J&3 PD,vcߌGދtl4X㑨GULYPO_[h@{Y&/+T/m@9ާ(mPi ? $Y_ş:Kzo_O{Oda*M#DVۈrhh杖?WɡWWnkrvǐNdk1_13iV53Y}VC21o_x 3R.45ym&PEEl`,J>_0jQqeP9P pm7.{&fj&h"KsK*yȊ7hGؤ)6G)d0T]ݏ7tQ= }-؎2wfeݵ뱍Uv%kGu7ew_ G!!Auen|E?(GQZTIHJHˤRx$n,՜4 g4y32sNcNFf5OeA&0//k۫?IP3*᢮O$G7JtK0/'l]-?ŃKE+=3*Ƨ*m!wMzk5y4 X#>tnh~$WiƝHT?;*KSV^׵|C=Z+="loۋW S*3>#{R/b}mx[TU߳ޙM>4C\";teN0;k|_rhll/߬#H(#* f넛 ' !N$D )Tl\Baa a)Q ZsyƥsCDG.zΥ'=nmvRl44L {*nXdcfş_f?"]>ub,=fP"ܘ^˗^R*.<ߏ ;,Y^`&橽o<[$#ROR=!۷/F!c(A@~cXga[:=0,B) g91if{( =VmQzz:=#s"X:|W#%^PSձ*ZP߯BV:;|qnD LҋG)2 NsDS;A IzwwC>n Ğ Odz2F^fUfY}f |ߢ42maRf_^NFzKج[NB=+ J'E>a7l% #8nQǽ s&ogҸV>φIŊW,h JC[Or B^Lf-_zc~h8Vr^9J^ŔG"J%K)9!c)$5<>YP+fHNKi 'Q'T/VjRRYܒxjY¾D{ p0Jڐd+;w!4-5cB@`ӄxK. 8"8F4.<$? 5؊-;3t|mCRy yz|UF#ˢ]{u꜏i/02YC$ Y@:SG`G('H"?t=?ԭE4([I=5̓r!DU)1CgVcP`Am/4JD|Z<_);&o٨ J5q3.wdh$md-22.\f͒6,8>ak=XzR#KVV4P:K𶔎Zr#%TM`xq*[/B~ HoF_k=6JK+D'͟'2!fѯF3ج``w}iPBtVǩ6^jvp2}4wXd㺤^(F1IHe,Bxaދb)B+V$VKKԲ;DGFZ"Ie)ѝ$ަ[$vl[`_sGZzE>N~/P7 M"1e Ԋ8,1v,<,vTOE5YOYv4).m#їr&\GoՄ^?]=x4˒=Р ͸跜lxqk] 9ԩ`z ڃQhCtc̟ ;ɮ-瞍ʹރ8˥A<Pt.GkG,غ @G&(VWHcz&3Ke&je7dmú:ԳBl eP}-ԉ:aY#3~'R`}!֛ۛ=RR66ˣgKՒ=žP'ò5Qoe_xΉ),#,mYjڌe/A\=eg2єh 1-g'&qAiHO$4J=4M"s ;FxwΑa=3kcc̍ݹb_7]$kv 2Fa4u=9oIiw 1}:?+(r[1:vs3aaw5NvP{17vHi8@kq1FXٽAa̍qcYff͘'iTyx;v]򬱰DeMMՆ E ;n&/B U;I;DCD%YG-ں\uGD갩rg]ng|QQšq $HfI;dC- |͐u"ky;|ng>3ژCu_2)J8!=F_ڄp4W3/ [}tBrvqmq TZ:D1\gC!#nA̤E oNMZԊNݚț "H}\*&-Hȩ=:I *r|:-&-s2T@zha W5ǣ5h0pc,v K;͆fycl\1+lwɇT䃷mc`/EB'c8oysq޼s teEZǞ_'02?wO,/~WcI1e^mVe mls[Rcg.h|(Wɮ4].JHkoxʑ:R ( Gmy P@UbIJS␣ ]M0|cL)&S5TSTZfxb9޴GZ X")G'X"4˳,PfvV2 ݦY q֘>2ݳ,lD8`@ P6]jx18[5zըTX5Fg1>;lfp86G983LLp BkN31 1?Z.].~Otg+VvŅ]]-_Z7D:t Wc5H *gj`sowlqG2#{wV\s@rxB(gy"'<1!2KzzAo)A zx/`]޸`~>w e#/|6Ea/12;apx@T[ D߁!(C1OycpTc5>?_H郱|0 +!okH/A_iA2_ |=' EEP޳b0[at sv0c3aYNX`L sci(Fi0 ü0X0 PCᰒE[Yx.#GaU̙Jz( ¢(<2 EaxM2 G"$&EUG#2cpf¡p-bc ca65ۀ8|;qȶLɜ9y%) ac:9CNxp;$L"61cqaXl ߨXH"bCv{7`{&~^-?u?Cה,w 5#cdxL;R㉊MXd 4BS`R0t"m'aX9WO?fMDI*4a"U*Kţ#Ra|*j'"gL'/yꕆɘ4|]F8G'cqdJ[Q[4']5ұ=+nSp { -2).{31=3%n2Qq8;}3poP6FeGŽٸ8%i19BȈgE9ȅE.*sw.VyXGn>~-G}C ߥ?em*.NśS1(o*d\(BRAN)1ҡQN-Fb|կ}bJXy8Ze()GΛؾVY>U娞S TPZ^@RLN+*ͮ#+q FTJH*ȌJͬs6Uս ͪ1Sv5TC17g`sxCQwh|k7Xjp1cg"L|V<Jfb̙ѣ\}jV Zf"}-gIY7 s͂Y5i6񜃷B=??Cy;|M1e󠨘]<Vk>2!7e>X-\k.O `kY ѷ"&Vi1-F]bl(^ v*ލK0l+jCRrBjRL]Ǖ׌qa~c>H2ܰ_/me8*P뫗csr8k9Yo3W૬u ,wYQ]Vm%ǮĹ؝±IztYV՘OYk$A`e z>O?ǰ1܎YرkԜ5nΤC'Zc\ـ :q|M@x& tkD'qA]6biH ݈JM 1 ql3^6c)tx ;K1n Ӷ`tX:m+zmU۰7ig>v`N3P݁<#vñ;9;v"zN8ؚ]8g,x<>Ϣksxms} GyY/`0v 7ET׾f׮wր=X2|J=GXŭ!p%d^/!*%%e,{ǻct?:c^An+0 .BfA:|^EڨWahC!5X,Cz^]!as!l:V_ɤq~= &yħqa9L}؏#X?.~Gp(^8%no%m( L{וr;V6>Gࣸ}[GŘGhu CcФO%+;DZ)8Ǹs:z]pE'$<<)¨S6?t)-Q{!O#)4a;4>$|DXP{¡] 2yUcr8>Ly*G՜W~o8^g b[3xg|☏1Bz}?FFǨUY",6=o,aCs9;ai9O\꧰t`tQcq"X/bnEW\ċK#.֧@?1˘v412|.âx\aW}/WUx W7¹uwF^;`p ٱ7x L2/Ķ7w'Ro"ʨ[8cn!<[Y~̯PȯW5~2oP<'~ӾOo-vVjEJzc1O$czi=;rJÓ]Gv<{8$;r~@GS?tُ(nC|nc/VwhţbV]qM&3Uo G]>GÝ{pS5hhp nt9` N !T^'Mzb݉]z'!1%ng3ę@b?}\mus,2tg6G7ґ}LJR&WEEʡ+;KfKPN~g *:(X]5\`-|j+t.WQ;&ȑ %g+TTׄ:?S+6]ɖ7ؐS uEݻԻz&!WPܞ]^ͧϬ V.>d/>%)z鏶gG}x-a/>4+'?vGJVmOИ]_%O ]3rח+~>f}vrZ{N? XnO~p%pR_ġן{*f'IwwE]]&>i-uEmxz>'M0}ws ~q܏lKzSea·/^V%Eg.ž<1OOZK3c,/h=cG6-Z:bF{Wܰ}}߿|/ VdYñ_}8/ j/L:L|m٨7:7a7.9w=Q{w͵ζ9&]-uV 8a-a]74mrqFNa B7VdNPKN6alݻ]SHBrw{wwg{0yK-Wb_}_S?u?s靗S|#Lֹ˞َ|||fAn9ϰv=k'[ p{>_,IId]9TP1C.o& RhrbRʛF)vR\KD(ys =G:%,7[(&GBHk«>{jWM\SͷIng edJ~W8qvcyơ̸'>NRc},^z,x `_&K]}5lC=H[k$ך-&mIׯ%Ҟ,䌑4PNt`v4-$Yz^\<z;*,Uo=k\c},3 Qxr "#{iK!A%Y{t=Litm S Dpea;K2B-oeZuՆwҥiz@Z^ťI,ÝavQqh(OѼ*SF>;s_K!\jX9ibZ?6HÊVibY"cak6XU1؆'tH#Yx#p0}h< A 3(=A>P(Vy|>-П0c$;ͨm)ٸp铲77K T9qneo8flX5$¸MYgWQ6uݢnmc:|b=]T.iL00JarncQ&evnWūgsx1=Bժ%@+l fa\tVJGZ"8`?i`F6kO^\xGhƻnjڲ{*Nʌ o͓Zⰲn3U7fXӢpLRT 'YH?[ƪQx61Iw3ec^ f!4_[)b5x2bs{h¼2c6ϟ <Tn+b*UZQVvQCU<S=xٮKSGvdajmbuwm{JJsf5+)A. j#IgolkD1@l([(>W\JŇaVըT-y?rsy?˙33g3oݿ\` /'7Р?bCC; Z 9yOr[iSQyJ|aP,NΝ8_fC.2ػ~zw'N,]A:NXNri:S|3=֧>`~Vp}snX]ALSEf(aao>\ T "L8p_J{?Ԁ=Gs\S<2:)/Co6xQh.\!wlˁpr~,F@q ?T‘"-ǐ90pxtp[-d23fN%FE- s&4x9yC(^8CȂ4?}K5󼢛~s)E  v!܅|йߟ0Q?3rD$XMԋDʅd*%vhS1nek;.be ɝ>.nϠQE}:Vkw! 3Lhu$A&IFZgٯ__sAnܗ=6xu??Kw^cǠ>B?=5xm۾JHFss g5`|.$p yOX@XH-gKey˝Ud?ky-cF{qQf5k?ٔPQEkaPNmU@GAܰ~njVF;F?_m[ZnR+Yy-_LΙ5\H}R/4,+zBhJ/'rZTUU.+VkK+ZM2%̤ji6/s.l.io69fI?Pjs ɢ13oҍE+MS;FW6M6Ϥ:zYy]G&'εՔFS;Ә'm@{i݃|vmQ^Mr#LF u/aS*VJ󺬢( }ϩ-ϯhg^%d1?ja.\-)宜ֿWrzO 䮅N㎖YK;֤}_1rY~dfr>k-}>uYQbwRTm'GcS68_}VQnaiUAEͲj(¡V$5oYHQb}Z{%8>BJ)4aX!ba33+A+drFY"כOr q#"ys"r#$]w TISOzQQVET!5Y2Fٗ#9 㯰8OU#)zHǩn\Oc1A0νP$@SDRQ ڮ1 S3R|8jCwyEv ke6s&Ra)%9:#ۅF:˧9㲧8?s}fm~ҏo_A(YO106nCtŜ"IU҂6}7S y(VzX?ϯxdy ۡ}@ m#OC>m{ڼhY6e)]STTj/+Tөۋy)b>&~"m t:vuw߫49Αh{fh03F!rA3XV*ھNƷɹxσRq *\A,q*+ݳ5qpf=;d~ZBr=~\g>rAؿkÚw֭aԓo>_VPcXopV_ A=z@,@&$ٍ'5)P ŔGfy:ç&;ҾhLYw ';b s3I<(!I┕v mJӾlx&*VSK.W$k,,frcgصҴs $X#MoAG%VJ_ުЕ]|INIƎv¶^}fΙPI|1j{Ý7햒E.r{j( #bBE eBF3N,4b3 )^xkV+ޘፃ3?Op?+ÂaV ʊʱV$η<ߊ, /dz|1cWk^^0ij=1|UOT vmn6h޽fr/PMŽNS>xZ׭}[e~L<4jUz Dz@_51Qa=8_ Gp|ON@ eh$L+ )(<ƹ1eCb1#xE6xG?NuPrF&co~2L)x?.SB\*_ӆH9aѣz(y]:h_ 1Z46* Ҡ-ckx:J0+'DY&aְII(Z4 NžMHn뛁)ᔌN}ail"W{faVD6vfcXx:>x:~&>#ѳƐ9kf.~65c@j.9KKaH0Xژk=ܴh!/BuX;1KC<(|LG| ,@̟R#JbX#d~1-+?Jq2S{,AAj%\^ǁU(Hƻ5pՠwV Ʈ#} c[q+зJgǬĜ޵3g ۻSVUejVc['E܀g܀ASoԢX{NFu =#f2֤#hU/\9'Bil$TQM/ا>\C;ɑW46})\ⱣG>ၴ/ 28С{ߩ=:ƺ"65m5]TԿJkg@ˇ>TWILۦ!;_zEfzv|͇v0ŏ|">%bޱcyh/Uޥ4uLIJ'}}z Z<76=Ui_>exȶ'ՆuIu\o=f}|QS<x<?o4D*}`z.>ЉyCTk7QYOʠvAoN0A~UtķGCM||7mi/{߇ךbBZ m|17xc_%N;Yb_5|nly{Vߘ}ķgkKDOD"y9]S!>&8٢(}*N>$F_v/`Ji>.9=ͥ5WQq5}}CKW_<:~X.' ۭ3L3wMhVˠu0]Fku,wgQhLu1N_J?\,Zӟ\:Nuu=<x<+Wdd1A[kmChAGPw ב'3`]P)"P-@I=4I=;\xh]_dy,?pOd[q^-Xf>/Kolwmh{o<x<?XoOB[˸'(w]vd<՚ɫIҌKV"rϗ;kj|_1$=XIWbm^[tV_>nP+t\ǻTOK)|\~Β\q˱Noo7IKVMIqksM4kesW׆ mo5FsG_1~T/ 6/R%7v![RDH~a'YZ)ШG,:S9+(Vk+4˥\DdR.\4,*RâA܉;'Z꧑>ϸLs 0 WSﰬ1"I2VC_ڹb>h`e{$q=SB."oD#'Zzi8]>eZT;Eec.|p՛:rDSJpˑU$Gj^ 9eejx|ll\FkG,͔m4W#Ig?R4._SQ֮Q}Ȓ-%Qe+b:jUռjCWO:Ze+,˕5)U@s˷5_Wg+|U>sta,#Riq?W7VJX\ñmB@3Br-.](۳B,V#юvs6rsx] `Tչ$$ $I I@v"dHa&a "Ҋ>؂+[ZEiEDťA[ҖQQT{nrg$zϽgz?ot{!4 FEc'i=faw^u钢ү2CBBԅZKViN|˒=)vEpRV%; Lh{%^Yz *jS(}_AK(H%N A}.09Ľ[ML(y)QPd'388,J1 @GN,[] D2w'AܓqoI}'#N#xL9#L.|%ɻ' "^DZ~ q)qb2ˉ+ĬUXo~.3uO\p.vP)m?k3b!C'!G98x BJe&9xd)SO'\I,swg'ͥ科RPKtq RֆꪃroLjB6Ls{O3qal|4 K?4筓ghoդoƞ锂 jY]GJ x3Z`Ic21½Y{zn/?AGP<ؘmh߻Ⅰ\ CWD-p$Նk]LyKam#t4H/l]oIu=j㬔Ou@3@\HЏ:\]HϹdhÞx[cid%M %e]isƊݥ~oZx%"oiMS͛vLfGVAL=s(N{L}Wr Xk?m"zFx6,w+ Ougxgm,|d}٦h꘩;%{iC㫝|\1(SypVR82nl2vl2.<ex19(>(c(PI>We\譬ty`l^*KRώrwEuPRO Ņ]==岳%JޣW5mlanՔ*X ~Y=.G5{C.pzʩٹ=܏[po?IBfB1Jcݎ,wuc餓N:餓N:餓N:tRs?Goէ_M3S[.0(KW~ F({-%eIY>-)$e/=IO>!){lm%=dePG"o4?Ąۄy9Dݱ{VU5gߴTYYn>LOrc;k& sg3:餓N:餓N:餓N:?:(yu^Pi ٣:dIɒ 2eGI]lZW~KVf2Q@iN2)NUy֚ gUV" )2ZJDpH[8eb\$&C=GWP䎴B'Wq J.|R8TW!ZjTbχv,qM*$7%Җwsϡl+!Ѯ-+՟)HPTߍS/E)>‘Jjt[n?oiW-QK1]߉hkzj9OTRv6iQhʝ/'t>1>`Rv7.Ƴ ;GBU:K5~)Ȥ ccc&n'z;MO܃88x(,>~Q@Eb vqg%~_M|[3CHl"D+O| ~~?N.6K8#Oym~`yTK+W E$Yc3z͑v6.B\Y|6,%nQk3ȶ[&WU[g߈:S?5:3:zX>A iX^ƚMqؗl0l5NCY$l,/M0[D`{PT{Mqg`c+L:6i|;+Lc_'&ٰ֭b翦[v6oZ27 /J^WLv>4slE{#rݹr[ZvlѢ3/޽{Gb*80`)4>~2!ek_͈)1S߻1h51䟑Oݕ{ż1x{GЯ,r8cN䌹(}7#^]o}YJAKE7|+}Q eeuLÞ6uŎ&my- =R Guͭ|zYowhnV };1Z6qI^gujoƄ7־Ck7C3I'tI'tI't#Ko/D:}/d2A??nAsKs654vzWl5vm vy$y8%ߜqE7"窿燪甮'Țhr%)x?WImw3PTKz7.8~?}Gs[+M m?´.ѭ Z-AkNԔ;#ItOjǭ#T)>]o#~Z}zC}:e\[[H:r-{ս/(/t|hjV^'mݝuwFԝ$IWtR?cֻEGDBa2]/Ie!q98eu>Cq} .9@,Sx*BX9wDVBw`b_xmbRi vG AaIo!>#)'#67Y"ZfӺpF.-T_ZT"7c %%7vj?}-\î!)i4X< q`qe[=R ߺ]> @,gDŽݳ)B'ag6&q q`ab ,X#Y1=͊ӭN*;F;WAF w~ Jb08x>:=1*=nt{NG_ ;;Sx3RWwFCdkUc֮xgpW8e Xʻaxtlw7;^I=zL}=2zaސe$_7OOAz~tA?gbߵ2?jGlj0Fp4eR0[1g:Q';f`lz&:-ʄ4242k@%'eX1latDG2 B`hܓļ|tZs\!S"PQ"+XDaFqqXp6-] O'La O7S0r bcFTl.~ai7 :Msٗ3c6DH=?i7ٳDlϚy\atvVe\M  B^|':5T!KP3J5O,Գrt_+1Sϣ8t^Į~3}Bv5נ[q FGQG2W+УJZ9VδU8lbڭƦxl5nb ́5cT\OEHA`kJCauT'үAס(:r 7`L ݼtXpT݄nƘ⛑XxSiq=6^r.6h x7o֍݀!SnqxrF~;_F&)ND sƝx;q|w|>>ܕ|?*{>ĸCWnLjø0<-ŏ(Qc' މ|;r'z&7rj.S;!acS8 sub⹹#g179{dž<wZn/ۍ%ZEt^v/jpO^F^?֔WF+pu5*^*ޯ~ Ĥ+q79ob}C(O<%p8pۿ3Ǝo9fxyQ$Fߜø}a 0GPl<o"EͤPzuLJXY!ǰ-w^O-M>w{}3?^#cc==>W>AN⧸gH 6t>  DW~ڝ➧0t)F|JDk~Әp%Ɩȏ3ϗ;Mn)| L[>߽C}لOL}썛ΦM|fV{ι 04l3 d0Xf`4ݼ&4CRQhQOJE鱕gzAfdYEhg&2(L d~_f%uoPTp>KOY/GH#eojnqx⺘!i4\9/'ɍP(4W{P j|o:]a߻XOyϻkNgŪ5 (ge4_\&,\!5N3~,N0t[kt&*%sR6U}.7,")RQeΤިsf5h@\_u1e:s9h6h]TWn=,4n_r sfTlR,=*J&:|9B͞:fm݀Mz1ڮT:r3UȒKaX+[bxJ=.TkS=qIY5=&3e.vN~r?κX~ܕe_-WS˼}u_ (oq9/BOf]w#3!6Fs.qx^z4 ۮ")U/wMX&i`yw_[g2vreKraxe n#"j=;%Lr:]ey2;Ϭ*倫ſ֞˧PHS[Pm~s\2 JNJZD`])kz(+î1ke.5.54+@'{\hdXIML[ocj~C{cqecEɔr2e18\UwΓ5<&'q/s#$`Hy.+qDrk\nѸht Y\rCF6.ؿHaͨ>FɝVs{#ch{!\. Ik`xQJSF)Y΂%VJ)z ")!<GLtc>$)j"޺F\>-6O]6 (\m1@R _v4c#,cCaø"UDd%=!@i Lxw13iQ |#Wx+hu~3]14 ACg$߈Tzu]R5\/K72Rqo2(,LE; 糫6J%"F ݚ2 ŢY 1#2͒v#AK!L-1%{cWhyt钎b|u l66Va;@B`7S`[bPj#Kbm Ӷn@b6 ^̦Y^ŋ15.*"Xo-^,%b:^LNjx1/vqŌ2VbglVLkuXx1ێ'^ `ȰMmux16RNjx1/vQ$n*6 y_[j O_*Ir-j@V_v,qQJ7ʞW}2Ype\YY2pe0kĕ ,)B\YA\Ylqe7++ymĕW!*|+klW!Xd2_# Xbáӌ 6~,O+VJ3]s8-3f &[^m$* c}oz$,zm`C{*`Zo0z혊^7MkV#zm TUzknk}\n[|PoD^"vLE}׎CkT0Xzm%vLED^cxk Wu~kۭ׶[CkTvw^n ASkۭ͡t׏<;-m"x]`TU& =$HH D Jh*i@)4))6]PDPt ."Ŋj, .BʒޛLfI&⿹əWr=mϴhq wZtVUUAEJP~n<  A]1+B=4~{[_UoJ\XH'iA rd s3ј@3'NY={ I(bNA#q\N)# r+wUJ\1F0`"$S\Op4  I9? s,9+Cַt-Rұ`>\D`)2`sh\-X#rm w%XfhN`& AAKV %hG`!hOЁ#A']t#ڝAG_/p1 b %'G@pA?6@DA $p^9#87~㼑kIBa3]zkPI(:(P4%O >#(1/ 8Io_|Epk!8K-? |GpE .\&$?D3/\!7ΉOy@K#&/o_?N8C.؁xO)<]؍g9<%BW޲qK,.,)Uj3kVnferaq%0,?\e;z%|Gţߞy|CCγ5D6ojxϟLܮv,s cu͐!*OBn>kOm )\ws%ROd[e$~v^%0//{vvw˘)CnjgScrbI>GІƒk@93- !%%YҜlđD,42 S7P&VBni^r1Sߑ"_0Y&z4RmrC~z~]VިXO*̨ c[,ug$9pZr q1SI&B.]۵o\^pO򩎟^\Ml)w2QN8>qog==Ȏr6n'_Uyֵ6+Yj;&vrM_F=ڜ-o',MPF ~V╟v˩tTyT3ا.WW~t̗ܐAS㹮r:U?_9!Dna8gV+iInK3=Di/S,,Ƃ҂L˭k?,/J}>;y;囵K_p 98!9tǴ"i7V =R"4}9 -w𶻷LZƙV( kٞ ?Z.I|c9◟e*!ා-׊a@eJzﯤF|<;jD_^$sq&YALZdmt$ %N`IY~ـ&qo_iU)}.ߒG0_si*i_ڦm J*&K!S .T?1T?u;䳏l/6[6~urZ)$gpL4I9QEmAH'@vN3*.[fHJe#ѩOvNAx$5dtW_?5ZqS"49Oۅ%?oۓua!FMK I_[R JVs֝3%]/J^]Sƣ9FjMT dq_}dM# bffH#8{#wF1hE-$PGۙfݨ{2Vo~..ujo7+=Śm]mk9ewCʾq4MSŖ:N%]Tu8ކ oR-Ӏ{4E?¿ʿ'%ͯh(u&o^M^tRU~Nq2w&.%}tTҾڔ}hr]s" vFYv~؁[:BwiA{5lݺ5mDYa3kaw%WiKo7`h7++VH'fHtOҕ R"/+15xg/56Yb]lXĞⵆNR͖2҅!!%hxĺBQ Z,Gaޟ0̺|%*0(R6.xT:(xEX;PX"j%wNUՆnKC̶h*-A!<2{#m S)|R~EI{])`dx )RxP=-9#g~>Oi)ĩm8Zm?7:N55yg)2r$y_ nQt7]%u{rGM-~C\%᧪tG~\Yj5;E2>k7φҫ%^jkIkYj +Cמ&g~ySO*C";ݥu^Z:6gmr nw!m,j;shl}y>ŻVyڪg5v<ꕰ7:Rl~WEɋUF3]/>w^lfjOo(|Q74+}pxRo T4;(/q|-N*tRVNSVmPV,N,lKLkPdT :-B=))1xICW7̐^ ]-fwQ]~NDy*.فĜ&5^%] .:pNo3^~V~ϸ8s W$1aN7P+gfuQ%Ň6| 3{03|MJ3szpZQ>Sr8[IՑSs̶X̀}ɓ0'vZJـՇ4ܱ|@00rO 5{[[x"zצp2J JW8LV8L4qhpGD‘ȇNY8 G#] r2p tE_,[ݜpnȇNYC8CGy#c 26p sD8l՝ZxHK8#s P5*@/1Ы+G/:a\'8sh@*ˮfcWgf+̈́ckLǘP1&]K,Zv-]e.zY?۶X]^0V0kF\|Pw/Q1]#aI)Zcҡ0ROJqdTL3tov#v3≱F2%^ FLWo~>#]}P"/:_狢 _ĥk"|@ Hh ͑;9o7t3,46uq0JBki" Y'VJ#[`rV ,0<%DSCZ)V+]ĵ6*hz|K;<0 , r W}il_㨦CX48yKq8:*@qD%$ yq"AN}=pgxJrP.kf>/P2YӇCc0l.)III/RHLGbxH+(<6 F_*!xxi*wYe$;s "X)Klx}Nq:wIʴSgJb:JCd d@ZLᙸgN&! SH4!SgcTl'Gr1,C|daލEXH '7xy -ơVR>8_2L-ʰkyGRqE-hl!\Sa0"mN[_l1^Oe-o&t^K=g :-}?a):Kre0rFZECGbx9_aW .cEɸHNX M*,Za)1(c56e /_oF^RokѻZ`r/ ܎nw;0pX]ǽx~ܽh# tJ}E ͈hmƀq5AL|7%'p$Fĺ̓)ߧ|ӾF}{CįSHm} SO!<SX5|m|>Qg낳OOzwW_wΣTS/8[|;p ̗2l-z_񩗱nAp%>ODJW?bV?Gd f_p1-~Ŏ_9W$^P8sAUX<p/ ݦ4AƇrE'ȯ* ]IrbiZw U)ˍi$=W [@T.)W gX̞ƠŰr+/t&zq6σ_qLިE*4,d{w} :>F }y_5 aҫӑpH1FPJ,!@Esim \O&b$,-3lsқqFv]Yb-~o9ޅ`7_Ӿj."+U!i񧫤ѮUնV]W^F ,]g|%u}i?_Li}'!9\m5!:·f+kM$u gQuE(P4ՙ@zG\GMZ5juWHӟiVhZz |9vh8VHh-"Boh쨨/MMEliyh5K&W624*9=S[G8f UG\q G%ࢲ<Ƌ}\~=m."eȓb1EflbsDBHWō ?7탹?X_V\y|G 배䗓Wo /%n~s}jWzK[t_=p@Q]^Mxگ&|d:7hY+TtߒjN7/ui~VصQC}ᘱK'':w%w{WUyתS>+)ߏ}vI>ynz./|jHEDux}c7mщO>lS[Lt+7X^ORPis3g,i=}>}KrKhg佳~`_aHgoMG6<ӮϜYIQܺ}|~ȿ_:tCQ KݻyA]fL>sˁڜn7)6F?oͧ݅V ^牬5x&Fxρ]c~eQڽnhw;$>.7}qC^-4ᣎ7UTHGhjM !##$a]49u\A#1)飞LXY?ʽV"NB׃>,߅|6eS]fsMqwrtTݓT枦*gQ lDj[}u_;I,.,)Uj3kVnferaq%0,?TNi^%GQg\+*i6]x*lKteHIin~zivp4'2q$.()/*-, -+7 ɷUğ[meE b\t"GhZ[\Х>볟qoe7*2s1JzTBYXfI;%y% %g Ȑby %VUМwHrmN ?Vrk켼b Kka[iYl9qz[}E>+$%AC2*inPuD ZSNˣTo{͛ qߓs  N/L*>;r)Gg//O/@3mڢ3)u=X7LXTme2,#{UtE~ zE$X双9sEMB ɒ}j:U])WjjIBg+㡲f%T e#N$-iE߻>*B.k"gw~lw((%޷?6Uz_uGs|UOu|Dȵe2+*cZA>k]95l{|UYBPU0h_'dP}z?+f;T:SgZ+?:KWnHK~S㹮r:U?_!r Ù?;gZOMr1kW|Ո\ĩ>T">K3=Di/GP v̤Zk]cO,DS)*rkD/YyyjE $9#N9R5%|QrQɻ~<[CMF %)VO"RID2}sdz~ye2E8³#ʌLuuF0Fu/j{vnHL  E0 $L5`/)g].QvPB57_m@=8C9vre|6*U>Yɻ|;mwNfCs~N;؋{"=R"4}Ssvx-9jJ~njw:dz[.I|cuuZ>Op^ǷV "(%4h4=ç5yxzKV//8gnڞt$ %N`IY~p߾m*Vߠr_nʎM^q}ZI_Rv$wV 'c@KOВu3ppIS'.< #\>g>/\>k4\>o~z1#Eҥm~Yyu|lOqOklĺټyZC'fKXm F`r*->c֏oaޟ0̺|%*0(R6.x9'V4[(몆^RyM\,]mX|^=f[C4Mb|7Z#vW\TVVFBq+\66×ʫ<w@ Lq.xh' " 6y-ONAP'd ^L!)2'NA[:AkNQLF~k&h4QR1r)Dq#T1gbBe?Bj3P ƌbttz." HGpLu->K,zR/S19fkQ>5\^T>y0E9Aq4ǎ_ ULL|AΑK"?x}-1#tSiP%IT bi$ };qAh9:8| 9_/Eم7Q>%7N8Ơ,8K4$EvUNђrU][L"0FEb5)V|ˋO-iY~)DN>$ٍ(VdC4[3ed =@ҡ#վ$vQQ CAS)|R~EI{])`dxEMggNZcfߖ3?৴jT6l|KxcqaM0yg)2I>Ow*Iޗf[MWI^g̃Z.x.KQOU Wk8wƋNef-|&oW+ WK$C ײ AV~=M>UD4vK뼴u\5?m:ۖV&ł(jMQ6T.Yv 3RfLsF}˞Vyڪg5v<ꕰ7:Rl~WEɋUF3]/>w^>ӎۿQz-z%z2h9Nx0(}A!Gyy4w_m-VvzV٭s l:g wRf Uf ]Rf 0^"XiI|Jo[5oJGY`[^F+N8zBXWl"1wEwi9jlL= R<3A?=͙4&=#Z;9پ1ZqsW,lE9Z)3%y!;$H)U9f[fž;-iCR >tHcNܵVJ򚁽Ezkz Uρo}kSjepU%pGi&=(8D+>#Ǒm[q@G:e9hd 8(NYv79ܑCXqG:efel(pz ;9s=p rs3טP+1cLh3WVYڵ$Z\óm -La\aUe뜯*KTmLHX~t(:iz x(݀p@߈݌xbLB{HWT.Hh/b"?q~}xz (5_{",.vCsNjc f#݌5 0 ƾ`t]Z!Hև c(>p$ 7n>ѭԐVtJ+Jokx3qm, m1Oǵ%̂,x>˂\C{$ϣҿ#vt$;mٝuĮxcyWT?áꆣ]!G77Vv9D@oD6xs$#"zx;*@PZĔ(gR~&ķ q{H 3{cGYoZgz,&IqC}5t}Ut_|oF8釾=7 N@:r}G!?J4Ad@;a hC`^)tG$$aO$$Kƚdxˆ4 'b{P8 o!)u x:RRpT?F2'2G4 Q旊o^Fccht8; Ec<{caq89tD~ih11 y *+&hk,M~S0wl;NEp=F܀Ӱz4u]c2m:2f`ԙҹ4;,33>=21ux&ImlHmfu6FU0ő\,"h>3 18Ewc./k#!5sBqU1Ʀ O)8 -S02Z^~Fv\cQ )zZ7[-Ԁb`oX"Ljv[164[/SY/  |lYNK}OX2i:\!p2,Ǒn^W`Xs+q2n%VB 1VaXj XMY=f3Bo[ZXz+܆o#8 |'Ϲu8i^uX1dCQwA.=}7x/`/|ھ/ȿ"k_qNw {K: e,24/c]}Hݏn?F܏q0U_kЍ{ gC^_G Tz&ڼEf[0v~"Fv;(^ET̻80] >F\>>ޏ3~[~vmTƦø#fŒ#8Zrg}|3? ?+>F 9 >C߰(FL{w9Gj<x11twDO ?'.$.x)_/4E_ސ01+9R[S:E:V9_ci2mO#b,6t9^~םl{#/ bλ;.)#;{37\&e7_Fޗq|eF\*Q80>y?`Gď‡?!?-bL_#WlNW0*\EPi6 :y x)PnQs [$z{vsݺJ1DZ}>rL5\nPs y/bf左j qIBx8Bf4^hu,^x\x xK6yhb#YX%b\o>B>gS ȷL̷͜Jo Ĺywe`f9uxV5|)O_{}tƾ 6, +ڛzK#ꄇSNvת'/ ''o5 m v7Yh]`vuK_ wHN8[+/W5j7n3Ω |e;42 AKoP"a/G Gj E$pT )6b)6b㷈 -f Lm xڣ&Tskv G%ࢲ<ƋVO.r۞\޲ sI", 3fou19~n^"Oo+fՅߛW{,/+<>䣌VuXXx+7Ƅrsc7?ӹ>Sb+?-8x v./{<^>N2}ەR*]:o]5'hq`L`Uf?K[VŨ!pإ;|u];gHʫkU) wڔ>;R٤l <7C=>5"t:<ɱ_|'y )-NN\M,|яiw M')(3޴qo%9⥊o4K.+Ot[=@/Ǟgխ׭/vNEMMx1gJ7|3YM?0$b⳷&WigάN\|~[nL}>?p_/!%ݼb So3b_Umu7Ps  ^W_ yeB+]r/D֚Ow<[}iV@տĮ1?C^qA{w7[JX>!/Öw_Q_*[W*wo?#45tK|tDOꈦ6DU~'N ARNG:$&9&|9V2|5L/Jj!WUL+4iJJA_ [w4CѪ6nZ@Ftݗ}?qkY_˔+qfQTʞ3{,rJ<.Sv7_rtvF٫nQtbuKf)]ٳKJ KR- _8|55]X-ul5k+#.SRaYQ}bg56k+٢;i.!vHPOD5[63KoS^[em [LU)J-{}jb=9[`[RRaeibp.MY~68e6M*?_Ym=ޭQLּ^n(6nlEm2fĘ&GƈK픙&L0TbJɕmuiwj[è{CĘݕק1!m?p*<I]qU5LWjè{k։koS'SvW!ZOuL=cE쩞)W͢d=-2eJY*K^.7RvŴ2>dɬvҊ,,YsJJ J-QMYE/='HOݨw6IvzquQȴE;_p]Y()L12v^-ո)@B j-[9i-DŽVO{Ĩr+WTL_9%"1|1Kkך[#P1qU୳kEW\ >ZVh|T_.J59lUyRj{7%w1DYl2ǃvL/Š0ؠJ9cvW:aU;ڤWmJ9$FWdäIFsJ]?7&}]MaT=PbJU{aRIFs$j4LZK6Uè{?h9qm#SvO盅~W){e[Э*eOL=]gzM쩆)gB=.2eʸYg%[^2Rv]Ԗ!ƉNM~0483Է-GU@ԞrMu+#V`V`Y&8@+äPnejAjuՖ6Uˀè{P1+&WfäƶIZFs %]] VMz20$1fwUarIZFS"qZ=md|*eO5L=}kU쩖)B=p2eYE^7Rd˔+_fQTʮK2G3V髏fNϳf,Xg𸆟bE#fܮt4C6QQ5F%n{2*JƨDs]}5:LW0gjUzW##uLW?bz9au=oa{qcv(j9ܵ?baT`JbhZI]#FF1ƪeݵ?baT`JjgYzwjpUư?wn,G^?8*}c]𩻕Rݵ?baT={oݮ⭵MǵL]#ު+<2ewxXʔݵ?c 'Svj L]#Z+<.2ewxkpP[rخɒ}MdXmJogL,..M-(]d ? lx}H S ՠ5 Abv)]X2ҵ;eݺ[tSxS›un= m1Ɔn m[O'[WCM-Pyרn)6kG,,]ÈMWC]]WCq sEGVGaDJ] խ:Ǖ:] Xunשvujkmjy^UWa*uF*ܶ*Vu,V]ժ75UWUWa KҼ\CѰIH󲈏o)9Lhm[wm{;Dїo*_R@w-[_u|]mv)R}6z 87лF GF58vf]C]]`FV߭Wp8>:XQ\xbD?%j]Zw5V~֔wߒgr%j[՟2C]:?TKè{CĘݕ>}0jYڤW-yJ9$֭caպIZFsJ]?۹ MzՒ0P(1fwbm;&}]|%aT=!HbJpl7L, %aT= Pv Tnm=md|*eO5L=}kU쩖)B=p2eYE^7Rd˔+_fQTʮKz;=zӞjfLz$=JJoXer < Ӟ4^4`Yٯ.{gjeյE4.گX,?ns廿hv-$% ?P*6*J8NFO{jOIҸ͠l=?`A5u=htf@Z;?aƠ:zk8htG@GUW>":ҁ L"kEHJLc(‡1HHdc=En=G T1Vi- ]}y޽cq8' ܙ{wFn bTRrU&";hn )LAEm(d Ny;3eP m{~Zd"}#˒;3eɆP m{~je" ;3eP m{~e"})C ݝЂ=TH߆2!;np}&bx絁1pf· ıU0tU6@_嬷n1|-Z}fݧLٸ˱f>ⷦ_x?链'O޽^گztǷxy%/<8ŞoL-+fߵ|^dշѝw?كwˇo}7i>1GFt?w'}`W߲1J_ܹyq3KW\yϳwu?ݾxI=qG}+^?CCYWՋ^pÐdݟ.{+C>8~s1(/o8 Wȳ>IVO=.OGQ$+^2S> |MdϮߞWnP%z}[?}'=7I$Bm+I7[=KO'l-% `j*=mEH|6vy_/ HTCx~$(IK$Cɿ"QPtn<Ι*  ])"s];%鷇$iήK]UO}9o>j9*#ko(Ͷ @ԕC.[Y U-K7w;S5 xodP+;3M{ x^mfNd>`pT3nĩͼj}U yT3>TflCsUOv'{/H${jgړ=Gd͍M_omZu9rJ K!- s*;}ٹ_ɫG#=,K"t57-_X+}=<)OeNGӕֆ͑SY ~ ne8d_ JEeߏً RoS|5ym 1='x qj=lKv7y7Umdf1N5F*;fܷ\վѠmZݮ,U؁xmSӝ塆;ZmuӚPDi&It8^2U?L]buO=LCN=6=Ӟvie5N3|V>+J]6Ii">Zi}}'wX̬4<߮qv 3+V9`u{,RYaTe߮QTznFn+&#aMYMN޸ưW/&#=KQ} j_Z䚌\8{':1 Vȥjx?t} ja嚌\N;qD`ƸX/rMF.U<ŝ8~z0A c}綁U@&6ohC5|UA3LO5[U[A3,K5:U@3 G5US@3B5Ƹg;fRGd1keL[ش-2 [L&iU+cd뼼(#hCD"e4og2Dz(cd?:D7u ؐIyT{ِŨkE&3#͘L˒>;ҌYvl,KibYVpʼn˾=lYFRH|o8#f1NQ: 2"وJጘ~)GNfftD -pFbxpq}YYD`C<";qD`aUYΈY Ks w>,,`hy8#f1sly' j׍#ЈbF7ygz7ߪ ygY7שڼyg87Ϩڜyg7Ummf,SOپf,SOef,SOYf,SO]f,SOT31+CfHW3}Ռ65WJIm=k- Xx''HĭfyBYW%SV%JtvJW|C<3qvll)}Ϻ21#2Ӳ2˴2sZW&"ݾL+>+FfTYQ4O[g?bBBh(c #ʘB?.&)4f 2PD(c 2()4ʘB##?)4xbBBh(c {,2( a B)?CcG1F`LSheLR?)48 cBBc3qU` Bcl祦#fY~Nh?blc#f~.d?bldSXcbBMۖi5qBe_8eɚƦֶk M?'aNjdCTHKlAxb_kKHfvQ>O ߤs}iSgxK8^WmpvG4vcx`vǬ[?W+vF1M~"1]/̟ ѕx!gE*S2ѕ[S]~7gAtIyŽ:gXU*FVPg52+TGԸ)3KAuq43Tgi?`Q]8 !.Fuqc= YhTg?ߠcQ]8yBP] <{,3TgyWBQ]:zEuq,KAuq43Tw/ﱨ.P] !.@ [,%Ш.fTbw.fT~`w.fTn^w.fT^\w.Fv*';XT`* }Y ӱ>>kA4HYͬDxhOxh>Jm^GÛQe},;01~٦}λ9/9yw}{Wճ<&/o'߬ u]6036pemO=uП鴋6_dL]g3=Oa{Z~#$oי[eGd5)rDŽ'ɷ3VN6D2~Ν8>r|;c&`CL$cod-/39ljNogld,eGxى>@팡S 2e {7<Hw aL$cgHÙ%>qD vTmù 7y ՌUm~ͼ3=ՌoUmnͼ,ՌTm^ͼ3ՌgTmNͼ Ռ6A3ȦqKhvU4{I{w+s%xPf"IT+r0J$AW̕J0b>J@ y+O9OJo%&GFT%>ݷ+fg(*?[3ݷ)4o^݉4V"Oa(߶2[(D\}*-A}~>8^B;Nό2=3:pzft h~Ǯ\ń#@`t@ "`81cY;F>㽮 +5&";hбt0~.6D2~<ѝXT:KtZd"}#˒E$w >t0.6D2A`+@$}P`]lhd - @}P`]l-Xbہ &"؃mŢM8m0N39ͬ#EZ"kMY獋UEi6ƇIw1H=o|Ei.A.HwF=od.T-;6 !!mE5D29w\^j9(ʹ߱U8i.""^ʼfh2*U˞DiAHw~潘< ˩Z&J3wlBI@WYG6z:eJK{0=yעP[h&ġ篿ڦPM4*WMz©&2›*SU{Z_$Om篿 {٫%hbZx} `Us=$@H =ĐU A= RA! $lVZk" jDD"WXA**uA+Μ9wrOrJ;s2gewΜ}:rC +~8=+.Z:hN>NGܿ*碒K*0+4R`7E׎(CvIQ֭^n˥k.?F6̗,0'Q4^ <,6?B\Ũ$bQ'i& %9s.vr͈B,!3Dd'6;:  B'BgBB+;'7!ЇE8 N? K@ `ل!_6`!0pa8/J̴ cc  :ItL80000]IYل9 s |"B1pa!PN\q!PI"Tx -o>eyN]S.*\ 끈r\,^A+ \/"p1a:E⾣8?;כD7jRPf?m<΋$3|T;Ϥg)ET& M~N^;.NkxaX7q/ )(lR>S~%ފ_kL.u>azSqG1]<2^__oI$ ԳV=Q>WC wwa䨗rE(d/ZI~Yпz2M~Nnrr*~ϳ7}\/st-9X9QNǑQTƩ0l6ώ٭맛\rT94Sỵ MDXe[BW?Yt+R8k_FlN~?Kt)/ r:V4ɭPѩg#$A>{:'xˈYHW:DLP5B5ɣt죣i y0괋}(ե$hPED)('neW*b Os*U *E8/ppz.9v뜃=]Qҟ0O800p;%k{ ;  |A8Ik9'ffJ jc ' _'/hB,!B@Hp;aa;qS_~zq/OGw m/?R^7S8lngϵn87!>,'e!.-J>5!RVgOh[q 9鯥/y \ n^J:;f^ Ӟ}aa.3ߊK-9>X3 mn 3%l)|\ ,uv6,I%egY24b9SgV9~BgA,sz<_Q /9Q~߲BX4m덫(:URG )p 'cky ߖ;faG{.6O# C9ޝ+"ؖڽN7ƽj߸Wh QS U"W4 f=|'aa#_ڂ]8?I"*'>фxBRT.<Ӛ Q?EO?;?(FlWF O/k?ʿ_sJk5'R|/GQa YFyĺ8:QG .K1٧)5)\U?1p~` D~>bCL+2dwNL@x\蹌4(9tB5"[ȧlp8X q_FgZw\8_/K15 ܻt&΄ߗ?z"SsZ{};٢({w&om‡7jbIg K9s4Gro;hE8]oTO%#^J#Q1 '' l=KH" m  =lBa0a(a aaaaPB(#T .!\M{F&͝;{ l' x'9wzM{ _89`ʷ]Zr1@,jƁ{~. ץ\cp3}/7z^2{=ٓ-,`-:56.IsԿס޽on|tM^v{uXrFҿs?,qEҿk6?,gEEҿOݫG]3Bw"3#DuejqY Lr]=u;f랭o(GܿIT\6!X>gq? ~BG^p{U4.90Xy>'\9F1QB-%~#׀"Lj7J9CΔ+&Hn܏H^ڈqmE&.xMoLo;{lC+6]0v0n]&B`؝o5(3ܹa <:zt tFo)*䉝mX.?yޕˠt<-w1QhO+5qBFmRw2ƀ|tfhZL1$-K^_Lг$I('$(C!KOxJI%G @'d0YC (H}5d!QY,JnҬFpϑng! 'ukZn-)R#`j2za&q~XCɁb*QC5 n-O<;dS%p ˜|$qW'j`zn2T R&`=(`{ߥB~K5)N|; j=wZGp%ׄ ܥ`>'$Iܗy4!00000p>a.ېrbMZ+MZ+^Mp=af;v#*o|>\9_už 4yWTrZbUr>kOpIpe>qGڟEc+Fi[gk#)D2ru 7 mەfK8IR <;g,1)ijEx5f,Kysz2p\'qeC]!y*vLv)Ü(?X\k>:|Ki]_g,'~>sn2 [Od =,rϟ#nTĜ-֘ "x,#dUV?N୒&CVs{5iq$cV&>`L>3^?2[>&^{` :ҺYmΝy'4'N7D쬔 Yxsvh,ytCU= 9mm"p\guv|+j 'Ӱ\jWN .QO׾4,: 4*G~!G~ ȏ TxFbu'ՃsF{hNѣf j.8k|n]; ӻ5b&O{DB8'.k/t<о7vzϹxpi&N&A>ȩs{g=г܌?^Ir\l] WZba;AaEi|w+e9Q8kCa*[ D am Cͼa%7ў(Z;_ǎ@y~cjF`iǑz$۟(L6 oFգuhlKߥcOB}<Ǎ1vx. +ugN/*&g\6.qSDt6 .? VO*d9VzOәSn\lASvTTئڜxdt|9l:ZeπX>h.= w^8 f#{lzs>6;YbH2t3PK=Bh" ]Eکmcbܰ/B_ 1r!SI_MH^z1VcոjMp%$/AjؗԠ-ލ_Ю`jZ -LjN+0 7]V+1JRff[{‘%6O̻\ _s1bl)yՈ]Kd%<_p W]>58s- \cס_:|Rw)Fː2Ëf]Nk.ǜW9WWM^p%Vu WRƣK 5p56hoqv-źsŖk1``wxtu]qKx,:On 8Ft>7n7rn}g-q+2 nE[C&j ߄7n a^m(86- u+o|~;;܎)U:8c$#N\uqAؘq[ߍwuݸ7^0^{1⭸q*ZpFv~ qW6 Tn×{6xxyKBQt;^xh;hv <n2Q8/|].V| ;g>{cxqJ3^^g,>iςιy nOFY{&Kbd开&j__Ƹ9//~_WʎqԘqMXz+P|U\U|85ܿ5<=u,&?ʃz]ra GQ~+ GQ_b}aTpg1dc5C|#lH;QSgS?!qg&nI#7 |x%~;}__ڹ'{'nb*8k}ťpvYäakw4;~QQ?क़T{7-8/hdl 4gBHקwWi~#{:ye/&g]'cNLsx .[NRaʋN2hX^ |*1ۍ#:d5tXN=ZUb.TsMpq,>K҉D0a4]B*FRB`@`(I9JV3K\Wʼn}Y<["3)J*l&ZU϶B 7".s9[4USEu~ ygD^NF(]x^VS;}:I?ks^EyҜېqi?c;j_Gi_:i9eZ7ЬCcY[-tXtڬ|٭o}:e9ٳ]k.-dV[:ocuUh"90f7_ldl bc^ VR$o/oJ^wX5V;,?Glx%@lh*6Nc-N1;͌|{Ϫ;/!㢃=ϩRT1d7KD.%".".|OZ:ʜ<ݠf#By?Fœ|Lg]CLU8AcXOdCwyd"?NRi3d- W f?dUH>9I5#LhL:~RqVaBl.׹ESCkwUOg>Z4M穉9]s)lȥNOsBAGiơZ#]:Js-=֟Yjqf Ξ8|"|%(f+ALKMV`Nuc9"~[>:[r#YmGq엥$OiK穫jjK{ ՗]:S/b#%B4|qigb ϔŅbZфdQrH0hAZOEe%šښ+MkB鞇-_}zcԯi>=ov4e\y;Nz[ !Րk8=IRJݢƸE8q싴zO =QF,p4WtޤMZz]l'^ +o Ql vIk_Vv?_[<<&IKAI<ڦۄbyRDV#?ѐE:'FڕK18Vo6XOzZV)Mךv=/s!9sY@xעRK fmW%ӌ44rxPT J}2TY3}CI;mz^U(CaƔjz\C{E%]J.}2ҘY4=i^9>tzjL٬εx8WTk?'F0-Fi 4lV91Jr˴wjzFi߰ ruNcsƐ[9\[j #9ݢNWC%gsu[ԧs5l~sLqV-nQ(Ρ(ْ0J&J}{lD'Kck啅]|4݂ntG{k_ /_7/"ދba=\e!"36mH{ yܴ id-cm^ld=n^5AA&@%Ian@Al`~ vsFGY]{GN#mJ553C OY]6qSdhm juy/p4&L`W{eum4Maa1վX2+k7FiZ]^L`hO6AƠVWэOZ}W{eum4H ,mcP˫H->X̫~6M!=DoLMFkH|Pkz\}uj-+9ܢ^SC$gs[)slEyVC-ْeIqnT[}1Uj+zVVԖ ֍G-=BRWa,8=|57Tp[Le՚u[ϺXb]Yy}Wk՚u5jqB==Z nC*|8U~%lU5ߚxk`T]{9!lK0eje<%25eKp}8l lVGZY["SSQڇÖ`f/sڛ%25eKp}8l lVîpR{Dl ] )վϘ[K%c baɾ9?&^AԘYi7 e<-ealrL9F۷;,M-Z9M-jz9Mɚ-jY9MZ-j89M-jŹ~=c$KdeؒozaV.ܿwn%~]3q}\w).H::K]͸v4?/_1Up],v4^}7w\;YOyRM$}#iwkc3bTwAz[QαF˲爒vɀ:OAyҪI zfV--*^VlS0-Q&Qȍ~C>& O x7%w$|E XGGqqqqqUAQ6M&=-oəiwEEfͪ6ʖ"  gB5鄠mƶ|=op_^k@:*"UZ.OJ2 uⴆ3TA6s̠}2 X-%r@V]cr̆驣O9f+rw:#kD`7td-u+DQ\N}84<:f% (CIW ?KEnR=!KH"66n!l"wp?zS_RW<{%x੭[[@<0bX2brL/C!.n ɭF8R}wo_ZGu-N]+ʅ:;n^ =9^Ԃk5ۮfh K8R5XYlYJ4 >Z?xD%QSgV9~BgA,sz<_Q $y/ Upsz)]I8֓<% {=mxbq7x醐ָWz^jj7df~Do \D܏>OI)gV?-ԇ&"w)lM)% @ة FY'6,f2R \xʏ_{Y#PxW8=9*O Hx2J?#Y8:=X(xԈuy>5L1ƟMr}~'S/'*.fo_ G![pb ǃBeĽAEΡs"B>Cāw M5:¼㲮- YQi;#l!l#|vL|8 [ G NN!؈"nB[BBgB7BB&!CLJCGECG("jEKW!p;as'^} ;$?`]mKKn]a7o|;mz)˦f4Is]XN>O@;4XGgBssr+p}/4zq溰ԓrhYmٻM _~dw!]CSoۥb_ g^o".,iv=(XN(x|= u:ԻΧLld{vK]H7CU׸"TW}ksXϊS_c+ݫJt[Vz#+0\xf]cRFt$HL\SL;n/lnx.ggBہ6۟%^l}C) n$i yUl\80Xyk42]SزVHDj@˧#ǀe.1bv1/LYGV6!Qq=2;6XaL] $ ~Hr-C @;\/N`WRxLB`XǿetoX^?_Tb1-{I`}Eʿ˘MhjBN!߶zPC{3mA)x([8fОb :Wj2=ㄌU\e9J=dIд|:I Й"bH[7gϡtJF]O[(4sd#YHC zyKʾT-hG9بڢ̅^IzPr`*_*/ה(H<K<쌒O4).s]ĪYIP1~Z3N^#a=H`{ߥBH55z c>Wu+Dje3^mWxe1^ILƫkZAgM!#L$L&L!$OK6XVJVWkr 7n'Axqs4{#L*-PVqEQ>u;LO{R96Ms_4fSr tv[{aKgYlAgZJzOPYDu›oJxW7x%Eck M.O5wsC~,rI:4!CDzr(פ,M񻩞 wS~~ֲk[juup*ST>mTFeTF]|E/{2KuZͅ/"=-'vH4-~4UL9yi}ga%_Ӊiwj̛ù_b~\T/8;IrMG=k#lb%X8G@8F3d8W@(=\K,Ѣm(\t@= a"9>b磑]|ep >4x|z%kՀӥ^>%|'??~ն.քK[GS2;d|"nrv7mەfK8IR <;g,1)ijEx5f,Kysz2p\nn=x94+rmo2̉R_?hz\dڵkyD"`9K'ź@6&l=-NN4"WvsmzA$e`r UXd769WN2b%dޗAV]Ұ4Ш11D#?&PkP] D#1>-.G ]$#؃=ِc{2؞(#.kS kSڔ@ΠLN5tJ4&"rTuՐ+ѸڌU0W9(pkXİ(1,+!֐#!h$6?sfÜ s=VDV\k܆kDckRƤ6DcRg ]:#5 5ws qϒ%r'a-W{*"ܞMқ=gp+쳬eCUoޜbØ4;^kǁvX8\(t-vD:NL(-G_J4rGchn18='c0[,+gǢzX,fbqQ,ġ{qJNjX-:1tp+Ƒص< wB7._醻Ck<5_5I)^kR0;`KB޿ ~Mv`b[,iRnM*Xs֬4<* ;tt<ܯ=.YAXm:“9=xărG' t}5]n5>7MҮ _xM|k'=`Cz"OOlfֵ: vGo h{F^L<4' ijOyuYxnYom>^Ir\l] WZba;AaEi|w+e9Q8kCa*[ D am Cͼa%7ў(Z;_ǎ@y~cjF`iǑz$۟(L6 oFգuhlKߥcOB}<Ǎ1vx. +ugN/*&g\6.qSDt6 .? VO*d9VzOәSn\lASvTTئuڜxdt|9l:ZeπX>h.= w^8 f#{lzs>6;YbH2t3PK=Bh" ]Eکmcbܰ}/B_ 1r!SI_MH^z1VcոjMx%$/AjؗԠ-ލ_Ю`jZ -LjN+0 7]V+1JR|ff[{‘%6O̻\ _s1bl)yՈ]Kd%<_p W]>58s- \cס_:|Rw)Fː2Ëf]Nk.ǜW9WWM^p%Vu WRƣK 5p56hoqv-źsŖk1``wxtu]qKx,On 8Ft>7n7rn}g-q+2 nE[C&j ߄7n a^m(86- u+o|~;;܎)U:8c$N\uqAؘq[ߍwuݸ7^0^{1⭸q*ZpFv~ qW6 Tn×{6xxyKBQt;^xh;hv <n2Q8/|].V| ;g>{cxqJ3^^g,>iς'ιy nOY{&Kbd开&j__Ƹ9//~_WʎqԘqMXz+P|U\U|85ܿ5<=u,&?ʃz]ra GQ~+ GQ_b}aTpg1dc5C|#lH;QSgS?!qg&nI#7 |x%~;}__ڹ'{'nb*8k}ťpvYäakw4;~"<*jOer{QAۙLt~Zsl8QIL;\_ZU?[3||Ŝ.᷂~˯Gc@>m~E9b%X\ltYn',f?%4O_ldl bc^ VR$o/oJ^wX5V;,?Glx%֐iqQqTsptp%KDqqqr2_[gw&|'wD}Nftt1I/![[K%noէFѢi:y׉jܖiKk<KWxT-. ɢ_JD$MwtN,T/YV^))9jqtE&A/鞇-ߞt7N~M!_"Rl뮝>m9ՎӼtH5v0Q<yIRJ )9ma[tpǾHv'<\ͥQ⪕~ѳ:EJRMJԟe{]@~Yِ44_ Jhk401FH(%Fy!)ưbc:g "7VÁe5ʎUE '[QcM[9"v=/r81"sY@xCORK f(ٮJi;B4͙r(JeHTY3(f3+*/r*:˰Dcf/r*i^uC{E%]JW]Je1et)i:FC{E%] ScfOQ2LQڇ.OfJ!Ksl8WTkpX}2͗Gs:!ٖarCn$gsm[+s-lw:]qvձnQ*Ρ֬-29ZMr6WE=8ZHfK(U(U|},95BWVV[t–t 'iI }-| ĜvU?v_ ] .ېvx6=ZcQ9s<k Pյh7AmcP˫(Gcmb˴{WVF]hZ]^틜->X6}Maa1A˴+jFdSdm juyXeyWVF) 26Oi2μ+gO Cdd6Zlw]qշnQ*Ρֲ-59Nr6WϸE8ZHʸ[g9Ԓ-9+_nQKz= -:SrgEiaEmax)d)uLYCCZ u[f]\[Z(ju׷^~̺X[yYƭ he7%i|T 9&oX_k5r;?r%rBٖ`f飅v`֖Ԕ-a%YG9H%8>S6}3\ެ-)[(aK0etڛ%25eKp}2dhL٬]~0^*d Lu ,{9K3CcfnHK%xZ(ˆ(ansowX,-[6s8,[s8,5[Բs8,[ps8,5[.slֲ1Jn l5j/q<+=#FEvN/QomZ ^&[&_ X@ɖp[@LPZ@fKQRl`Zɖ*?77l+6ȼdK{c|ߕd jC77,M}Zey U۴U۰Bod[(륶*ԇ ~K {g}p}> F] 9?B:ǧ,w̻l0*eg[-9GuLsr3j2;ӭ Z3j6ތnߙ*ڿd_'->r|%K!!fpޢeH>C/d|`7j͉1?57^+J?LKlgf5j>g`((~j|(C!Ecfh20ګ]%S6}f˴j8>tFiL٬]w[}W{5aScfXe{W389>tj?Ͱ86E ~}2ҘYo1zZ}0{˫0JPeE233PZ\j;'9kmܢeQCmc$gs5[sluUqn͕q(ϊs%[r6Wܢ,)΍*>z3?xFKY)+r5jooնtxZ›hej,UhRu[{Sg|7BZ%NG{#]emt5i F*k7UV79YemtoTT+{/#V-FlV>ZZ1f-Ve1r}8,FlVQpR{c9>#S6}3\ެ,FȔjެ,FȔjObR 9>#S6f-[ 7ڇbdf>Jpa3LF[{4,c-Z79c-Z9cɚ-ju9cZ-jT9c-j39zMr6k1f ~NA9V7ДdS}~E.-/i#Y҅1Kmb*hZ Z>{}\f6bѬ4A{^ih NzG0Ȑ j?X2Ջ^U/QC~hG½9![}٫5j (h^Wji}jzG0S;վktc-E˴FyWFkqd j?-֪ek'ګ~Q8d n>6ZqP[ٜnܸΪ ռ[3.dRZ[8F@Bf50 W@:.5υ \z4r1[my~>WvosP'4hTq6^s}2<)(^lhTkZ,]+eګ9ڛTa3'.2w$2'9nPl.׹ESCkvjGN9Y /Yr6mvoz מgm]KVlg %,~-2ߝ._AqwlSԣ(cb>~r?Bvt9SvTw,,mm 66ц^f۰#FvĨW ;b ;baM+lvhÎu۱eM23]e^{eNr6ۆ3Pl ;f{5lvH{0YKmŧ9s&N RVN}E7g շ1U}h<BRT)m!nFn;LXc??r)Q&f])>g]v|ˑRd\̋*p3[V1JlxךHA$9UeN ,?X&a:?X.F?zG# %Jz8ɖ9'!'2X̫R]%kkjtZΔJkH3:,+}6Ghceh1e+}kon WfQd G>ʌ>esl0J>BW8lzJ]C\jon X飫G2JMX#u-̯㭭2dmc1\S6+4gqcJ WC01>q6Ek8HfXڣy ΗͮoG~(w%֝ҁf&P AB!@H$"$yvBk"نЖJhGH#&4*љfP*.f04IjB!P j ӀCC(ۅtkWU6ň0`DntӍv2b[H7;{߼w*q={/{ս#{s?<*[A^jLHȌ2}QJ!KS@iJxєד }=jEq;îe1=u$}Sa^EIg''gm^Ʒgä$`=FX>`Mx,I&}\&/|ac`vr:Fj,l x-XID]9VUiٝ^=HP^L~yO[3%쵑B|A{\=m͔HA>Ҟ/hw\N6ik>HA>Ҟ/h㮜+5S.u },YKq{fJ@{~ˋo7i~I[HAZW7,/:,SW. ](ձ:ߕe^ʍ2u]rAle6B9{V&V!}xIJuATIwɤ_c5g\sV4-yyzZL{Zz|Te;c2 =bH#G(Zz|GHl{KȺXDօQL~[NVzET7{n%m$}l!GX#oXUb/}T52өf&Q15  EѿKYLyOIz<>#߇C,\{?_vElV< {m$} }evټQ6$}Õnj_*i:F>}P =Bьe,},Aפ$}}n)ǩd7W>@X\>&捣LkO1>or>>#lo,rg.Ad+z{(5[>ܗ-So#ÇbQ)^Iu$}pWL1;F/F>}P <\09,S/k]Y_0sǚLթϽt HMy,菛q`TZdhZLgNrjfqԝ*OXe~R4#Cò5@ 5ƟO:P5y}/#kX5?T 롆iFߋC /=Uza=m}v{:84ga}%xWDZY5ea}ϛ%c)I<ɤ?XuXcMg>&R꫿KY_%>c5Hz܃m\P@|uY>GL{l@9-SoDŽQf G:y9w죆G~(G9XQCu.# ,:;ʻ KDЖ7_:z=\#>?<8kX>Ը[ox:>6pL状.Ƞk; Uuִ[zBYO-r<1R7G¸fn7'ʢejof;eqbF%@-9}>sIJ20+hbV?IL|SS 2x?IL|d?&(S/1+ Aٲr8C9r8B9rxCyw2? Ye[Ie-rRV qYE (\̵j3쳹vVbb3j-ӥiTF674seYr͖ 0+hbV531>oTG*y;p\Ğs2mrexWi.# ,sǚL㡼`}ղrZ-A}`oGAq=M Zm7ɩ[1S^6UڮZ`{8[d7=E"E{9U"Խ@׋Ed݋Pq@yOսu/X{Y"Խb(Su/B݋0v^<8V+t+iޯ09jMGL-ވ9]r(÷5ҭ9p}D:2{Oku1-N+Xq\w1VLuO|f]|SJ]=\kQgِLԶ\gt)rb.⹋[>{G\#s]2xXklU>wvouY%n- 5- . 1 0$Ĉ!000 D[ٙٙ>vv9sO.\_d+pX BоW -ژuЅ?~0M)<4B:_=E]?d;m8NGmqEIf4F\3xړbmv񊠬dߛT&z"MA~8K7W7Šm qb(=k_^OG|_[DD Q4hMLl Fs$sEk:GTzWߋ7SS!f f"f]bD 8b6bb. DI1BG#hT"  KO!"O#!ն+3d j0vvC`k2# ȿRfog2?3K4]<ͯ=;vzm]Lnԅ8v}CB\#QCyg+.{xq3-Sp k C.~ka:0)=no_i\#7v:P:6ucSM6_75BtgLw<7 zg_݂Wy5,;+x7~p~?3H< 2 aayS vl뢏Vng02I``Ľ%gqI9vAi7ߩ?gTTn30a#>Q=+}4%`ZC/ԍ)CbO'Z*&~"/aہ)zԶ䵦&vv^gS=~AARx \jJ#JC@ɋ泩\A{![J5KJkU x} YQT)G8`¨O /x9']+Z|u1(}łA]>⁜qfJpQߕd&'ivw;O 3ZzU.p"#sĥ1-)LTۖ#.}ȉ87ƙgedm~?J-^-5|8:>Ϝ0+)Odv>=ʕ0^^Oq;a$PչU32lbԹ@`37Ы{|+èiv|Z8ɾď)>pͮGr%2^C6JlYU#EtB1dq+#˵|MϊG֨XǁZL"q^t}FDYpa#Ymz@xF'/"3t.{xEOZoާV:\rÆ*srNr֫NEUQL; P= d}>1Ua `b[qM$-=ږmE{S^9? IQl1-fFW@fx3[ߩןk_ ыeE5w"J K{xҖ}`aA&gI84oژ,.>,x2+'S^]eq|cQ*tjoh`}Ϛ),=%.8Y<K K˫5CR6@9,@@li(GSg  )'    """)))UUUMMMBBB999|PP3f333f3333f3ffffff3f̙3ff333f333333333f33333333f33f3ff3f3f3f3333f33̙33333f333333f3333f3ffffff3f33ff3f3f3f3fff3ffffffffff3ffff̙fff3fffff3fff333f3f3ff3ff33f̙̙3̙ff̙̙̙3f̙3f333f3333f3ffffff3f̙3f3f3f333f3333f3ffffff3f̙3f3ffffffffff!___www4'A x(xKʦ """)))UUUMMMBBB999|PP3f3333f333ff3fffff3f3f̙f3333f3333333333f3333333f3f33ff3f3f3f3333f3333333f3̙33333f333ff3ffffff3f33f3ff3f3f3ffff3fffffffff3fffffff3f̙ffff3ff333f3ff33fff33f3ff̙3f3f3333f333ff3fffff̙̙3̙f̙̙̙3f̙3f3f3333f333ff3fffff3f3f̙3ffffffffff!___www՜.+,0`   ( 0 Presentacin en pantallaiNuffield College, OXFORDi): 1Arial WingdingsSymbolTimes New RomanRippleMathType 5.0 EquationMicrosoft Word DocumentMicrosoft Equation 3.02Housing Wealth, Credit Conditions and Consumption Abstract Abstract contdLiterature Review Micro-dataAttanasio et al (2005)Critique of Attanasio et alCampbell and Cocco (2005)!Case, Quigley and Shiller (2005)The Case et al (2005) ECM Case et al contdCase et al contdRTable 3: Case-Quigley-Shiller specification of UK consumption function 1967-2005.6Implications for consumption of credit liberalizationConsumption contConsumption contdEuler vs. solved out cons. fn.Log-linearize REPIH cons. fn.SM&L (1995) Handbook of A.E. consumption model where no immediate credit constraint-If some consumers credit constrained, add. BTransactions costs in housing suggest possible capital gains term5Micro-foundations of higher MPC out of liquid assetsForecast income growthForecast income growth 2Forecast income growth 3Forecast income growth 4#Results for canonical habits modelEquation (4.1) in paper CCI from BOE wp.314oFigure 1: UK personal consumption and disaggregated assets relative to personal disposable non-property incomeHFigure 2: Credit conditions index for the UK and the real interest rateUK empirical evidenceUK evidence contdUK evidence contdUK cons. fn. 1967-2005UK cons. fn. contd 1967-05)Sensitivity to income forecasting modelUK conclusions South AfricaCCI indicator for South AfricaComparing coefficients SA/UK Fuentes usadasPlantilla de diseoServidores OLE incrustadosTtulos de diapositiva)_}infdvrxinfdvrx  !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`bcdefghijklmnopqrstuvwxyz{|}~Root EntrydO)Pictures1Current UserSummaryInformation(aUPowerPoint Document(yDocumentSummaryInformation8