ࡱ> ^`[\]5@b)bjbj224DXXc~ +++8>++\~ SIhb,b,",,,,,,HHHHHHH$JR MH-,,,,,H,, I333,,,H3,H3$33FD|E,V, P{+1DH#I0SIDM(3|M$EvME,,3,,,,,HH~ ~ $'d3~ ~ '  2>=>: 2> 2G5@0H=89 45=L. >A;5 5A;0=A:>9 B@035488 <K 2A5 GC2AB2C5<, :0: GB>-B> ?@>8AE>48B 2>:@C3 =0A. 'B>-B> =5C<>;8<> <5=O5BAO 2 =0H8E >B=>H5=8OE A >AB0;L=K< <8@><. @8 MB>< <K G5B:> >A>7=05<, GB> 2=CB@8 >AA88 ?>:0 ?@0:B8G5A:8 =8G53> =5 87<5=8;>AL, 8 2@O4 ;8 @048:0;L=> 87<5=8BLAO. @>=8:=>25==K5 @5G8, :;OB2K 8 >1O70B5;LAB20, 40==K5 ?>A;5 B@035489 2 C45=>2A:5, >;3>4>=A:5, 27@K2>2 4><>2 2 >A:25, 3815;8  C@A:, >@4-AB0, 27@K2>2 2 >A:>2A:>< <5B@>?>;8B5=5, 2 "CH8=> 8 2 AA5=BC:0E AB5@;8AL 87 >1I5AB25==>9 ?0<OB8. @0:B8G5A:8 701KBK 8 A0<8 MB8 A>1KB8O, :0: 8 A>B=8 4@C38E, 1>;55 <5;:8E, 2@>45 =5@0A:@KBKE C189AB2 8ABL520 8 %>;>4>20, 27@K2>2 2 ?5@5E>45 =0 CH:8=A:>9 8 =0 C;."25@A:>9 2 >A:25. 8G53> 2 MB>< =5B C4828B5;L=>3>. 02=> =C6=> ?>=OBL, GB> 4;O =0A MB> B5?5@L =5 M:AB@0>@48=0@=K5 CA;>28O ACI5AB2>20=8O, 0 ?>2A54=52=K5 0B@81CBK =0H59 687=8. 87=8, 2 :>B>@>9, :0: >1KG=>, 2>:@C3 @57845=B0 ?@>8AE>48B =5?@5@K2=0O 2>7=O ;N459, 70@0782H8EAO ;>6=K< GC2AB2>< B>3>, GB> >=8 ?>;8B8:8 8 25;8G8=K 3>AC40@AB25==>3> (GB>1K =5 A:070BL <8@>2>3>) 7=0G5=8O. <5AB5 A B5< =>2K5 G5@BK ?@8>1@5B0NB ?@>F5AAK 2>:@C3 >AA88. 0 >B45;L=KE 2=5H=5?>;8B8G5A:8E =0?@02;5=8OE 87<5=8;8AL B>= 8 D>@<K >1I5=8O A 2=5H=8< <8@><. <5AB> 480;>3>2 <K 2A5 G0I5 =01;N405< >1I5=85 <>=>;>30<8, 8 3;02=K< >1@07>< G5@57 70?04=K5 A@54AB20 <0AA>2>9 8=D>@<0F88 (=5 157 CG0AB8O =0H8E =5:>B>@KE 3@0640= A ;>6=K< <8@>>ICI5=85<), 87CG5=85 :>B>@KE ?>:07K205B, GB> C65 420 <5AOF0 =0 >AA8N >:07K205BAO 65AB:>5 ?>;8B8G5A:>5 8 845>;>38G5A:>5 402;5=85. 5@=55 1C45B A:070BL, =5 AB>;L:> =0 >AA8N, ?>;>28=0 =0A5;5=8O :>B>@>9 ?@>AB> =5 7=05B GB> B0:>5, =0?@8<5@, Financial Times Deutschland (8 4065 2@O4 ;8 ?@>GB5B MB> =0720=85), A:>;L:>, 2 ?5@2CN >G5@54L, =0 @57845=B0 >AA88 8 =0 <564C=0@>4=>5 >1I5AB25==>5 <=5=85. '53> AB>OB >4=8 703>;>2:8 2 3075B0E: 5D>@<K CB8=0 <>3CB 2K720BL =530B82=K5 ?>A;54AB28O, >A:>2A:89 CAA>;8=8, >AA8O AB0=>28BAO 0=B845<>:@0B8G5A:>9, >20O ?>@>40 :@5<;52A:8E :0?8B0;8AB>2, .!, >G5284=>, 1C45B @073@><;5=, >AA89A:0O 0@<8O :8H8B A048AB0<8, CB8= C=8GB>605B 45<>:@0B8N, 48G02H0O AB@0=0, CB8= CABC?8; 8B0N, @5<;L A>7405B ?@53@04K 4;O <5;:8E ?>;8B8G5A:8E ?0@B89, CB8= 45;05B H03 =0704, !>25BA:0O A8AB5<0 3>A?>48=0 CB8=0. 'B> 65 B0:>3> AB@0H=>3> ?@>87>H;> 2 =0H5< 1>;>B5? >A?>48= CB8=, =0E>4OAL 2 4>;6=>AB8 @57845=B0 >AA89A:>9 $545@0F88, 24@C3 ?C1;8G=> ?@>45<>=AB@8@>20; A2>N =03;>ABL 2 =5A2>9AB25==>< @C:>2>48B5;O< 3>AC40@AB2 65;0=88 @C:>2>48BL A2>8< 3>AC40@AB2><. 5>1KG=>5 65;0=85 @57845=B0 MDD5:B82=> :>=B@>;8@>20BL 2AN B5@@8B>@8N >3@><=>9 AB@0=K, ?@54AB02;OO =0@>4=K< 871@0==8:0< >1;0AB=KE 70:>=>40B5;L=KE A>1@0=89 =0 CB25@645=85 :0=4840BC@K =0 ?>AB @C:>2>48B5;O @538>=0, 2K720;> 1C@N M<>F89 C ?A524>45<>:@0B8G5A:>9 >1I5AB25==>AB8. > 2>7=8:05B 2?5G0B;5=85, GB> MB> =5 :0:>5-B> E0>B8G=> =0G02H55AO 2KA:07K20=85 <=5=89, 0 ?> 702545==><C 45<>:@0B8G5A:><C ?>@O4:C  AB@C:BC@=> A?;0=8@>20==>5 <5@>?@8OB85. !B0@B 1K; 40= <MB@>< 45<>:@0B8G5A:>3> <8@0, 8725AB=K< 1>@F>< 70 A?@0254;82>ABL 8 <8@ 2> 2A5< <8@5, 8725AB=K< ?>:;>==8:>< >AA88 183=52K< 6578=A:8< AB0BL59 >A:>2A:89 CAA>;8=8 2 The Wall Street Journal >B 20 A5=BO1@O A.3. >A?>48= 6578=A:89, >1;8G0O 5H=CN ACI=>ABL =K=5H=59 @>AA89A:>9 2;0AB8, ?8B0NICN H>28=8AB8G5A:CN ?0@0=>9N : 45F5=B@0;870F88 8 ?>;8B8G5A:><C ?;N@0;87<C, ?@54;0305B A2>8 <5@K 4;O B>3>, GB> >AA8O AB0;0 =0AB>OI8< @0728BK< 3>AC40@AB2><. = CB25@6405B, GB> 548=AB25==K9 :;NG : <>45@=870F88 =K=5H=53> D0H8ABA:>3> ?5B@>3>AC40@AB20 (;048<8@0 CB8=0 4>;6=> CA?>:0820BL, GB> >= >:070;AO 2 4>AB>9=>9 :><?0=88  5B@C I B>65 4>AB0;>AL) - 2KA2>1>645=85 A>F80;L=>9 0:B82=>AB8 ?CB5< B>B0;L=>9 45F5=B@0;870F88 >AA88.  AB0BL5 3>2>@8BLAO 8 > ?@8G8=5 =5>1E>48<>AB8 @0745;5=8O >AA88  MB> 11 G0A>2KE ?>OA>2. >38:0 <MB@0 ?@54?>;0305B, GB> ?>A:>;L:C 2> ;0482>AB>:5 C65 CB@>, 0 2 >A:25 5I5 A?OB 8 =52>7<>6=> 4>72>=8BLAO 70 C:070=8O<8, B> ;N48 =5 <>3CB =>@<0;L=> @01>B0BL 8 3>AC40@AB2> =5 @0728205BAO. >=5G=>, 0;L=89 >AB>: 1;865 : <5@8:5, G5< : >A:25, => 5A;8 87 ;0482>AB>:0 72>=8BL 2 0H8=3B>=, B> MB> 1C45B 72>=>: 2> 2G5@0H=89 45=L. 0 8 A0<8 2KA:07K20=8O 8 459AB28O 6578=A:>3>, 2 M?>EC =0G0;0 ?>8A:0 2>7<>6=KE @50;L=KE AD5@ 4;O <56AB@0=>2>3> A>B@C4=8G5AB20, ?>?0E820NB 2G5@0H=8< 4=5<. 0: @5H8BL 7040GC 45<>:@0B870F88 >AA88 183=52 6578=A:89 B>65 7=05B. = ?@54;0305B 04<8=8AB@0F88 !( 2?>;=5 B@572K9 ?;0=, :>B>@K9 =0 ?@0:B8:5 402=> @50;87C5BAO, - 1;>:8@>20BL >AA8N, A45;02 A>A54=85 A =59 3>AC40@AB20 459AB28B5;L=> =0456=K<8 A>N7=8:0<8 !>548=5==KE (B0B>2, 40BL A2>1>4C =5@CAA:8< <5=LH8=AB20< >AA88 8 CA8;8BL ?>445@6:C @>AA89A:8E 45<>:@0B>2. 0H8 45<>:@0BK 2 ;8F5 ?0B@80@E0 @0720;0 ;5:A0=4@0 /:>2;520, =5 >B@02;5==>9 4> :>=F0 >;8B:>2A:>9 8 =5CAB@>5==>3> ;048<8@0 K6:>20 BCB 65 >B>720;8AL, 8 8< 1K;> ?@54>AB02;5=> A;>2> 2 70?04=KE 8740=8OE =0 B5<C CB8=  48:B0B>@.  G5< =5;L7O =5 A>3;0A8BLAO A 6578=A:8<, B0: MB> 2 B><, GB> >A:20 AB0;0 B5?;K< <5AB5G:>< 4;O ?0@078B8@CNI59 M;8BK, :>B>@0O >B>645AB2;O5B 8=B5@5AK >AA88 A> A2>8<8 A>1AB25==K<8 8=B5@5A0<8. 4=0:> 8 745AL <MB@ A;53:0 ;C:028B. >-?5@2KE, B0:0O A8BC0F8O AB0;0 2>7<>6=0 1;03>40@O CA8;8O< <8@>2>9 45<>:@0B8G5A:>9 >1I5AB25==>AB8, :>B>@CN ?@54AB02;O5B A0< 6578=A:89. , 2>-2B>@KE, 1;03>40@O B5< 65 CA8;8O<, =0 45;5 ACI5AB2C5B 5I5 8 >3@><=K9 A;>9 @538>=0;L=>9 ?0@078B8@CNI59 M;8BK, :>B>@0O 01A>;NB=> =5C?@02;O5<0 =8 D545@0;L=>9 2;0ABLN, =8 8718@0B5;O<8. C15@=0B>@0< :0: G0AB=K< ;8F0< D0:B8G5A:8 ?@8=04;560B >3@><=K5 A5:B>@0 2 M:>=><8:5 AB@0=K, ?@><KH;5==K5 >1J5:BK, B5@@8B>@88 8 ?@.  =8:B> A MB8< =5 <>65B =8G53> ?>45;0BL, ?>B><C GB> =04 =8<8 =5B =8:>3>, 0 ?>4 =8<8 <5AB=K5 ?@>:C@0BC@K, $!, 0;>3>2K5 8=A?5:F88, , ?>;CG0NI85 C =8E 70@?;0BK, 4>?;0BK, ?><5I5=8O, 68;L5, 45BA:85 A04K, >B>?;5=85 8 ?@. 0A5;5=85 >1;0AB59 6825B :0: =0 ?>42>4=>9 ;>4:5  8< =5:C40 45BLAO. 5 40@>< 1>;LH>9 ?>?C;O@=>ABLN ?>;L7C5BAO 0=5:4>B > B><, :0: =0 A>1@0=88 3C15@=0B>@>2 ?@54A540B5;LAB2CNI89 70405B 2>?@>A: - ">20@8I8, :20@B8@=K9 2>?@>A C 2A5E @5H5=? 5=LH5 200 :204@0B=KE C :>3>-B> 5I5 >AB0;>AL? <C >B25G0NB: - 5B. -  =0 <0H8=0E >B5G5AB25==KE :B>-=81C4L 5I5 5748B? - 5B. 5B. - ! 40G0<8 2A5 @07>1@0;8AL? # :>3> 87 ?@8ACBAB2CNI8E CG0AB:8 5I5 <5=LH5 35:B0@0? - 8 C :>3>. A5 2 ?>@O4:5. - ">340, B>20@8I8, =5 ?>@0 ;8 > ;N4OE ?>4C<0BL? 0:85 1C4CB ?@54;>65=8O? >A;5 ?@>4>;68B5;L=>9 ?0C7K, >48= 87 ?@8ACBAB2CNI8E =5C25@5==> ?@>87=>A8B: - C, O 4C<0N, GB> 4;O =0G0;0 4CH ?> 100 E20B8B. !<5H=>. >;6=> 1KBL& 5@>OB=>, 70 @C156>< B0:65 ?;>E> 8725AB=> 8 B>, GB> 2K1@0BLAO 2 >AC40@AB25==CN C<C ?> >4=><0=40B=K< >:@C30< 157 45=53 ?@0:B8G5A:8 =5 @50;L=>. @8 =0;8G88 A@54AB2 ?>:C?05BAO <5AB=0O 04<8=8AB@0F8O, A8;>2K5 >@30=K, :@8<8=0; 8 =0A5;5=85, C :>B>@>3> 2 @57C;LB0B5 D0:B8G5A:8 =5B 2K1>@0. @>8AE>48B :>=:C@A :>H5;L:>2. !?@0254;82>AB8 @048 =04> A:070BL, GB> 8 2 ?0@B89=KE A?8A:0E 15A?;0B=>5 <5AB> =0945BAO =5 2AO:><C, 0 > ?5@2>9 4204F0B:5 8 3>2>@8BL =5G53> (:>=5G=>, =5 AG8B0O ;845@>2 ?0@B88  MB> 15A?;0B=0O @5:;0<0 A0<>9 ?0@B88). "0: 2>B, ?>A;5 2KE>40 2KH5C:070==>9 AB0BL8 6578=A:>3>, :0: ?> A83=0;C, 2 04@5A @>AA89A:>3> @57845=B0 2 70?04=>9 45<>:@0B8G5A:>9 ?@5AA5 >4=> 70 4@C38< ?>;8;8AL 254@0 A ?><>O<8. &5=B@0;L=0O B5<0  ?@8:@K20OAL ?@>1;5<>9 B5@@>@87<0 CB8= E>G5B C7C@?8@>20BL 2;0ABL. > 45;>-B> =5 2 C7C@?0F88 2;0AB8. C:>2>4AB2C 45<>:@0B8G5A:>3> 0?040 =5 @07 2 8AB>@88 ?@8E>48;>AL ?><>30BL @07;8G=K< 48:B0B>@0<, 40 8 A2>5 =0A5;5=85 =0?@O30BL. @>1;5<0 2 B><, GB> =5 >=8 C7C@?8@CNB. > MB><C ?>2>4C 4>2>;L=> >B:@>25==K5 >3>2>@:8 A45;0; 70<5AB8B5;L >AC40@AB25==>3> A5:@5B0@O !( 8G0@4 @<8B046, 2KABC?0O 9 >:BO1@O 2004 3>40 =0 <5@8:0=>-@>AA89A:>< 45;>2>< A>25B5 2 8A1C@35 (HB. 8@468=8O, !().  G0AB=>AB8 >= A:070;: "5@@>@87<  5420 ;8 =>2>5 O2;5=85. > 4065 ?@8 MB>< 70E20B H:>;K 2 5A;0=5 2K45;O5BAO A2>59 48:>ABLN 8 157=@02AB25==>ABLN. 5A><=5==>, <>@0;L=K9 4>;3 ?@028B5;LAB20 >AA88  >B@5038@>20BL =5<54;5==> 8 @5H8B5;L=>. > MB0 @50:F8O 4>;6=0 CG8BK20BL 4>;3>A@>G=K5 @57C;LB0BK. @8 >15A?5G5=88 157>?0A=>AB8 AB@0=K <K ?@>AB> =5 <>65< ?>72>;8BL A515 ?>AB028BL ?>4 C3@>7C 45<>:@0B8G5A:85 8=AB8BCBK, :>B>@K5 >15A?5G820NB CA?5E =0H59 M:>=><8:8& . >7<>6=>, ;048<8@0 CB8=0 >A>15==> 8 =5 70 GB> E20;8BL. 8:0:8E A5@L57=KE ?>;>68B5;L=KE 87<5=5=89 2 A2>59 687=8 @>AA89A:89 =0@>4 70 ?>A;54=85 5 ;5B =5 >ICB8;, => D83C@0 CB8=0 40;0 :0:CN-B> =04564C =0 87<5=5=8O.  B0:>9 20; :@8B8:8 >1@CH8;AO =0 @57845=B0 2?5@2K5.  MB>B 20; 3>2>@8B > B><, GB> @57845=B 2?5@2K5 A45;0; =5:89 A5@L57=K9 H03, >?@024K20O =04564K 8718@0B5;59, :>B>@K9 =5 ?> 2:CAC :0: <8=8<C< 6578=A:><C  G5;>25:C, 70O282H5<C <=>3> ;5B =0704, 3>2>@O > =0H59 AB@0=5, GB> A0<>5 1>;LH>5 53> 65;0=85  MB> GB>1K B0:>9 AB@0=K 2>>1I5 =5 1K;>. >MB><C 2KA:070==0O 8< :@8B8:0, 0 B0:65 2>;=5=85 ;5:A0=4@0 /:>2;520 C:07K20NB =0 B>, GB> ;048<8@ CB8=, 2?;>B=CN ?>4>94O : @5D>@<5 A8AB5<K 3>AC?@02;5=8O, =0E>48BAO =0 ?@028;L=>< ?CB8.  MB>9 <KA;8 =0A CB25@6405B 8 C28452H55 A25B 29 A5=BO1@O >B:@KB>5 ?8AL<> 115 70@C156=KE ?>;8B8:>2, 04@5A>20==>5 : @C:>2>4AB2C " 8 !, A ?@87K2>< D0:B8G5A:8 1>9:>B8@>20BL CB8=0. E A<CB8;>, GB> ?>A;5 B5@0:B>2 =0 42CE @>AA89A:8E A0<>;5B0E 8 70E20B0 70;>6=8:>2 2 15A;0=A:>9 H:>;5 CB8= @0AH8@8; A2>N 2;0ABL 8 ?>;=><>G8O >@30=>2 157>?0A=>AB8. >G5<C-B> =8:B> =5 3>B>2 >B:070BL 0<5@8:0=A:8< ?@02>>E@0=8B5;L=K< >@30=0< 2 2>7<>6=>AB8 8A?>;=OBL 8E >1O70==>AB8 ?> 70I8B5 A2>59 AB@0=K >B @07;8G=KE C3@>7. > :0: B>;L:> @5GL 70E>48B >1 >15A?5G5=88 MDD5:B82=>9 45OB5;L=>AB8 @>AA89A:8E >@30=>2 157>?0A=>AB8, 0?04 A@07C AB0=>28BLAO M<>F8>=0;L=> 1;87>: : A>AB>O=8N 8AB5@8:8. N1K5 ?>?KB:8 ?@>O2;5=8O A0<>AB>OB5;L=>AB8 A> AB>@>=K @>AA89A:>3> @C:>2>4AB20 A<5@B5;L=> ?C30NB 70?04=KE ?>;8B8:>2.  =5 ?>B><C, GB> MB8 ?@>O2;5=8O <>3CB =02@548BL <>;>4>9 @>AA89A:>9 45<>:@0B88, 0 ?>B><C, GB> A0<>AB>OB5;L=>ABL >AA88 2 A>2@5<5==KE CA;>28OE @0728B8O <8@0, =0C:8 8 M:>=><8:8 A5@L57=> C3@>605B AB@0B538G5A:>9 687=5A?>A>1=>AB8 >B45;L=KE A53<5=B>2 A0<>3> 0?040. 5 7@O 115 ?8A0B5;59 >B<5G0NB: =5H=NN ?>;8B8:C ?@57845=B0 CB8=0 2A5 1>;LH5 E0@0:B5@87C5B C3@>60NI89 B>= ?> >B=>H5=8N : A>A54O< >AA88 8 ?> ?>2>4C M=5@35B8G5A:>9 157>?0A=>AB8 2@>?K, 2>72@0I5=85 <8;8B0@8ABA:>9 8 8<?5@80;8AB8G5A:>9 @8B>@8:8 8 >B:07 ?>4G8=OBLAO <564C=0@>4=K< 4>3>2>@=K< >1O70B5;LAB20<, :>B>@K5 27O;0 =0 A51O >AA8O. @8 MB>< 2A5< E>@>H> 8725AB=>, GB> =8 >B :0:8E <564C=0@>4=KE >1O70B5;LAB2 >AA8O =5 >B:07K205BAO.  > B><, GB> <K 1C45< ?>A;CH=K< 8=AB@C<5=B>< 2 GC68E @C:0E, >B:0702H8AL >B A2>53> AC25@5=8B5B0 8 A2>8E =0F8>=0;L=KE 8=B5@5A>2, <K >1O70B5;LAB2 =5 ?>4?8AK20;8 (=0455<AO) 8 <0<>9 =5 :;O;8AL. AB5AB25==>, <>=>?>;8O. G5284=>, GB> 2A5E >G5=L 2>;=C5B M=5@35B8G5A:0O 157>?0A=>ABL 0?040. "0: 8;8 8=0G5, >AA8O 8<55B >3@><=CN AB5?5=L 2;8O=8O 2 M=5@35B8G5A:>< A5:B>@5 <8@>2>9 M:>=><8:8, B0: 8;8 8=0G5, 70?04=K5 AB@0=K 2A5340 ?@8 @5H5=88 M=5@35B8G5A:8E ?@>1;5< 1C4CB A2O70=K A >AA859.  2 MB8E >B=>H5=8OE, ?>A:>;L:C ?> ?@8G8=0< >1J5:B82=>9 <0AHB01=>AB8 >AA88 8 ?>AB>O==>3> :><?;5:A0 >BACBAB28O A0<>4>AB0B>G=>AB8 0?040 2@O4 ;8 :>340-B> C40ABAO =09B8 7>;>BCN A@548=C, 5ABL 425 2>7<>6=KE B5=45=F88 @0728B8O >B=>H5=89: >AA8O A >4=>1>:>9 AK@L52>9 M:>=><8:>9 7028A8B >B ?>AB02>: A2>8E M=5@3>@5AC@A>2 =0 0?04 8 ?>;CG05B 70 =8E 45=L38, GB>1K =5 A4>E=CBL A 3>;>40; 0?04 2K=C645= ?>:C?0BL C >AA88 M=5@3>@5AC@AK, GB>1K ?>445@6820BL =5>1E>48<K5 >1J5<K ?@><KH;5==>3> ?@>872>4AB20 8 =5 2 A>AB>O=88 2;8OBL =0 M:>=><8G5A:8 @0728BCN >AA8N, A0< ?>?0405B 2 >?@545;5==CN M=5@35B8G5A:CN 7028A8<>ABL. <5==> ?> MB>9 ?@8G8=5 70?04=K5 ?>;8B8:8 8 187=5A<5=K 8AB5@8G=> @5038@CNB =0 ;N1>5 =0?><8=0=85 > B><, GB> =54@0 2 >AA89A:>9 $545@0F88 ?> >=AB8BCF88 ?@8=04;560B 3>AC40@AB2C, B.5. 2A5<C @>AA89A:><C =0@>4C; GB> =5E>@>H> 90% 2K@CG:8 >B ?@>4068 @>AA89A:>9 =5DB8 >AB02;OBL 70 @C156><; GB> =0;>38 =04> ?;0B8BL =5 B>;L:>, 8 =5 AB>;L:>, B5<, :B> B>@3C5B :@K6>2=8:>< C <5B@>, => 8 B5<, :B> B>@3C5B =5DBLN 8 307><; GB> =C6=> @072820BL 8 4@C385 A5:B>@0 @>AA89A:>9 M:>=><8:8, 2 B>< G8A;5 8 70 AG5B A@54AB2, 2K@CG5==KE >B ?@>4068 M=5@3>=>A8B5;59 8 B.4. > MB>9 65 ?@8G8=5 C3>;>2=K< 45;>< 3@0640=8=0 %>4>@:>2A:>3> 0:B82=> 8=B5@5AC5BAO 2AO 70?04=0O >1I5AB25==>ABL, 8 2 B>< G8A;5 >A45?0@B0<5=B !(, G59 >D8F80;L=K9 ?@54AB028B5;L 8G0@4 0CG5@ 2 E>45 5654=52=>3> ?@5AA-1@8D8=30 19 >:BO1@O A.3. >?OBL 70O28; > ?>AB>O==>< 8=B5@5A5 8 >701>G5==>AB8 !>548=5==KE (B0B>2 ?> MB><C ?>2>4C: K >701>G5=K 2>7<>6=>9 ?@>40659 307>2>9 :><?0=88, A2O70==>9 A .!><, 8 MB> B0:>9 2>?@>A, 70 @0728B85< :>B>@>3> <K B0:65 A;548< A B>G:8 7@5=8O AC451=KE ?@>F54C@ 2 >AA88 8 ?>;>65=8O 45; 2 MB>9 A2O78, 0 B0:65 8 A B>G:8 7@5=8O ?>A;54AB289 MB>3> 4;O 45;>2>3> :;8<0B0 2 >AA88. 0 <K A0<8 @0715@5<AO A> A2>8<8 :><?0=8O<8.  =0H  ?>G5<C-B> =5 4C<05B 2K@060BL >701>G5==>ABL =8 AB@>3>ABLN =0;>3>2>3> 70:>=>40B5;LAB20 2 !(, =8 B5<, GB> ?> >D8F80;L=K< 40==K< 8=8AB5@AB20 NAB8F88 2 !( 70 ?>A;54=85 B@8 3>40 2 @0<:0E 300 C3>;>2=KE 45; 700 187=5A<5=>2 1K;8 >128=5=K 2 :>@?>@0B82=>< <>H5==8G5AB25, 0 300 87 =8E C65 >AC645=K. >G5<C-B> 2 ?>=8<0=88 45<>:@0B>2 0<5@8:0=A:>5 3>AC40@AB2> 8<55B ?@02> 8 4>;6=> 1>@>BLAO 70 A>18@05<>ABL =0;>3>2, 0 @>AA89A:>5 =5 8<55B ?@020 4065 =0?><=8BL >1 MB><, ?>A:>;L:C MB> A@07C ?>?0E8205B B>B0;8B0@87<>< 8 0=B8A5<8B87<><. C, :B> 6 28=>20B, GB> B0: A;>68;>AL? 20=>2K, 5B@>2K, !84>@>2K 2 >A=>2=>< ?LNB, =5:>B>@K5 ?@8B>@3>2K20NB C:@045==K< =0 702>45 8=AB@C<5=B>< 8 O1;>:0<8 A> A2>53> >3>@>40 (MB8 4>;6=K ?;0B8BL =0;>38 >1O70B5;L=>); 1@0<O=K-!0@:8AO=K ?@>40NB N25;8@:C, 45@60B @5AB>@0=K 8 =5<=>6:>, :>340 C6:>2 ?>72>;O5B, AB@>OB (MB8 8=>340 ?;0BOB =0;>38, GB>1 =8:B> =5 ?@8AB020;); ;8O@>2K, 03><54>2K 8 ?@. 2;045NB 3>@>4A:8<8 @K=:0<8 8 B>@3CNB F25B0<8 (2<5AB> =0;>3>2 ?;0BOB <74C <5AB=K< <8;8F8>=5@0<); !8@0475-0E0@0475 2 >A=>2=>< G8ABOB :20@B8@K 8 :>H5;L:8 (AB0@0NBAO 2>>1I5 =8:><C =8G53> =5 ?;0B8BL); 10A052K-<>2A0@>2K 1>;LH59 G0ABLN A?5F80;8ABK ?> 27@K2=K< @01>B0< 8 ?C;52>9 AB@5;L15 (MB8 ?;0BOB >1O70B5;L=>, B>G=55 45;OBAO, => =5 A 3>AC40@AB2><).  2 B0:>9 A8BC0F88, :>340 2A5 70=OBK A2>8<8 45;0<8, A8@>B;82> >AB02H85AO 2 AB>@>=5 10=:>2A:89 8 M=5@35B8G5A:89 A5:B>@0 ?@8H;>AL ?>4>1@0BL =5AG0AB=K<, 3>=8<K< 25:0<8 1@0<>28G0<, 5:A5;L15@30<, %>4>@:>2A:8<, 0=B>@0<, 0D8=K<, $@84<0=0<, 25=0<, 5@57>2A:8<, >30=0<, 52052K< 8 B.4. (MB8 =0;>38, :0: ?@028;>, =5 ?;0BOB, >=8 =0 =8E 682CB). >B 8 ?>;CG05BAO, GB> :0: B>;L:> =0G8=05< 3>2>@8BL > A>F80;L=>9 >B25BAB25==>AB8 3>AC40@AB20 8 :@C?=>3> 187=5A0, > =5>1E>48<>AB8 ?;0B8BL =0;>38, B0: 2>;L=> 8;8 =52>;L=> 2?0405< 2 0=B8A5<8B87<, 0 MB> ?>A;5 B>@>9 <8@>2>9 2>9=K G8AB>9 2>4K 5@5AL, 70 :>B>@CN A6830BL ?>;>65=> 157 AC40 8 A;54AB28O. > 65;0=85 A>18@0BL CB25@645==K5 70:>=>< =0;>38 8 C?@02;OBL A2>8< 3>AC40@AB2>< MB> =5 548=AB25==K5 =54>AB0B:8 @>AA89A:>9 2;0AB8. 23 A5=BO1@O =0 A;CH0=8OE %5;LA8=A:>9 :><8AA88 !( 2 0H8=3B>=5 =5>6840==> 2KOA=8;>AL, GB> 2 >AA88 >A>1> CO728<K< <5=LH8=AB2><, BO65;>5 ?>;>65=85 :>B>@>3> 70G0ABCN 83=>@8@C5BAO O2;ONBAO FK30=5. G5=L A2>52@5<5==> 1K;> >?@545;5=>, GB> :>@@C?F8O 2 >AA88 =>A8B @0A8ABA:89 E0@0:B5@ 8 GB> >B>645AB2;5=85 FK30= A =0@:>187=5A>< 2 @>AA89A:8E A@54AB20E <0AA>2>9 8=D>@<0F88 O2;O5BAO ?@>1;5<>9, ?>B><C GB> >=> A>7405B CA;>28O 4;O <=>38E =0@CH5=89 ?@02 G5;>25:0, :>B>@K< ?>425@30NBAO FK30=5: ?KB:8 8 65AB>:>5 >1@0I5=85 A> AB>@>=K A>B@C4=8:>2 ?@02>>E@0=8B5;L=KE >@30=>2; ?@>872>;L=K5 <8;8F59A:85 @594K ?> FK30=A:8< ?>A5;5=8O<; ?>E8I5=85 ;N459 8 2K<>30B5;LAB2> 45=53 <8;8F859; 48A:@8<8=0F8O 2 A8AB5<5 C3>;>2=>3> AC4>?@>872>4AB20; ;8H5=85 4>ABC?0 : ?@02>AC48N; =0A8;85 A> AB>@>=K 2>5=878@>20==KE 8 =0F8>=0;8AB8G5A:8E M:AB@5<8ABA:8E 3@C??; G5;>25:>=5=028AB=8G5A:>5 87>1@065=85 FK30= 2 @>AA89A:8E A@54AB20E <0AA>2>9 8=D>@<0F88; >BACBAB285 ;8G=KE 4>:C<5=B>2; 8 =54>AB0B>G=K9 4>ABC? : 2>7<>6=>ABO< B@C4>CAB@>9AB20, >1@07>20=8N 8 68;LN. 0 D>=5 ?>?KB>: @57845=B0 >AA88 ?@>25AB8 2 AB@0=5 04<8=8AB@0B82=CN @5D>@<C, :0: >4=C 87 <5@ ?@54>B2@0I5=8O 40;L=59H59 453@040F88 @>AA89A:>3> 3>AC40@AB20, 2 70?04=>< >1I5AB25==>< A>7=0=88 =0AB>9G82> :B>-B> AB0@05BAO 2KAB@>8BL A;54CNI89 A<KA;>2>9 @O4: CB8=  :>=5F @>AA89A:>9 45<>:@0B88  D0H8ABA:>5 3>AC40@AB2>  35=>F84 G5G5=A:>3> =0@>40  <>A:>2A:89 CAA>;8=8  ;8H5=85 =0@>40 8718@0B5;L=>3> ?@020  @0A8ABA:0O :>@@C?F8O  48:B0BC@0.  B0:>9 0B<>AD5@5 2?>;=5 1C4CB ;>38G=K (2 =C6=K9 <><5=B) 2>73;0AK > D0:B8G5A:>< >1JO2;5=88 1>9:>B0. 0725 <>6=> A>B@C4=8G0BL A B0:8< @568<><? 4=8< A;>2>< <=>385 C65 =0G0;8 3>B>28BLAO : 2K1>@0< 2008 3>40. 5157K725AB=K9 1@8B0=A:89 ?>470I8B=K9 E<54 0:052 2 A2>59 AB0BL5 >B 29 A5=BO1@O 2 Wall Street Journal ?8H5B: 0?04 AB>8B ?5@54 2K1>@><: >= <>65B ?@>4>;68BL ?>445@6820BL 48:B0BC@C 1K2H53> ?>;:>2=8:0  CB8=0, :>B>@K9 @0=> 8;8 ?>74=> A>;840@878@C5BAO A 53> 65 ?@>B82=8:0<8, >1J548=5==K<8 >4=>9 F5;LN  ?>4>@20BL >4=>?>;O@=K9 <8@>?>@O4>: 8 A>E@0=8BL 2KA>:85 F5=K =0 =5DBL. ;8 65 0?04 87<5=8B A2>N ?>;8B8:C 8 1C45B =0AB0820BL =0 @07@5H5=88 :>=D;8:B0 2 '5G=5 G5@57 ?5@53>2>@=K9 ?@>F5AA. >2>;L=> >?0A=>5 ?@87=0=85, 87 :>B>@>3> A;54C5B, GB> :>=D;8:B 2 '5G=5, A 2KA>:>9 AB5?5=LN 25@>OB=>AB8, 2 F5;>< 1K; =0G0B A F5;LN A=865=8O C@>2=O <8@>2KE F5= =0 =5DBL, ?>;CG5=8O 4>ABC?0 : =>2K< @575@20< M=5@3>@5AC@A>2 8 CAB0=>2;5=8O >4=>?>;O@=>3> <8@>?>@O4:0. 'B> 65 :0A05BAO 2>7<>6=>3> ?>:CH5=8O =0 MB>B >4=>?>;O@=K9 <8@>?>@O4>:, > :>B>@>< ?5G5BAO 3@0640=8= 0:052, B0: 1>;LH0O G0ABL <8@>2>3> A>>1I5AB20 8 =5 ?@>B82 MB>3>. A;8 0:0520 CAB@08205B 2K?>;=5=85 8< AB@>52KE :><0=4, ?>40205<KE =0 0=3;89A:>< O7K:5, B> >A=>2=0O <0AA0 ;N459 2 <8@5 <5GB05B > @02=>?@02=>< >1I5=88 <564C A>1>9 =0 2A5E O7K:0E <8@0.  2KA>:85 F5=K =0 =5DBL, :0: MB> =5 ?@8A:>@1=> 4;O :>3>-B>, =0A CAB@0820NB.  3;C?> >128=OBL CB8=0 2 65;0=88 ?>2KA8B C@>25=L 3>AC40@AB25==KE 4>E>4>2. =0;>38G=> <>6=> >1845BLAO =0 CH0 70 B>, GB> >= E>G5B 4;O A2>53> =0A5;5=8O 1>;55 45H52>3> 3>@NG53>, 8 :8=CBL ?@87K2: 81> <K ?>445@68< CH0 2 53> 2>9=5 A @0:><, ?>AB0282 ?5@54 A>1>9 F5;LN A=865=85 F5= =0 =5DBL 8 ?>2KH5=85 MDD5:B82=>AB8 0<5@8:0=A:>9 M:>=><8:8, ;81> 1C45< =0AB0820BL =0 2K2>45 0<5@8:0=A:8E 2>9A: 87 @0:0 8 ?@54>AB02;5=88 2>7<>6=>AB8 8@0:A:><C =0@>4C 45<>:@0B8G5A:8< ?CB5< A0<><C @5H8BL A2>N AC4L1C.  =5 701C4LB5  2 >B;8G85 >B @0:0, '5G=O O2;O5BAO @>AA89A:>9 B5@@8B>@859.  M=5@35B8G5A:>9 ?@82;5:0B5;L=>AB8 >AA88 5ABL 8 4@C3>9 0A?5:B, 2 ?>A;54=55 2@5<O 8=B5=A82=> @0AA<0B@8205<K9 =0 0?045  307, O2;ONI89AO B>?;82><, :>B>@>5 2 1;8609H85 3>4K, 25@>OB=>, AB0=5B 2B>@K< =081>;55 G0AB> 8A?>;L7C5<K< 8AB>G=8:>< M=5@388.  :0: 25@=> 70<5G05B The Washington Post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onaco Pfillips, >4=>2@5<5==> O2;ONI0OAO >4=>9 87 4>G5: .!0 8 ?0@B=5@>< :><?0=88 Chevron, G;5=>< A>25B0 48@5:B>@>2 :>B>@>9 4>;385 3>4K O2;O5BAO =>2>8A?5G5==K9 >AC40@AB25==K9 A5:@5B0@L !( >=4>;870 09A.  8<5==> Chevron =5402=> >1JO28;0 > AB@0B538G5A:>< ?0@B=5@AB25 A> 2B>@>9 ?> 7=0G8<>AB8 2 <8@5 @>AA89A:>9 =5DBO=>9 :><?0=859 #, 0 Conaco Pfillips, ?> A;CE0<, A>18@05BAO ?@8>1@5AB8 :>=B@>;L=K9 ?0:5B 0:F89 MB>3> =5DBO=>3> 3830=B0. !0<0 65 >=4>;870 09A 5I5 1C4CG8 ?><>I=8: $TVX 2 4 H P F p t L t$ѻzodYdzdzddhLh{rCJaJhLh(1CJaJhLh#&lCJaJhLhyUCJaJhe1CJaJhLhSCJaJhCJaJhCJaJhhCJaJhCJaJhLhHiCJaJhEW56CJ aJ h4hL)56CJ aJ h>C56CJ aJ h>Ch>C5CJ aJ h>C5CJ aJ " "$XZ 6!)*.,.~256j7777888~9:$$$$$ $$$$$$$ $$ $$$$$$$$$$$$$]`a$gd>f0$]`a$gd>Ch&.)`)$&(L*^p(@|,*tv^`⮛zzzzzohLhe'CJaJhLh&8dCJaJhLhCJaJhLhS3CJaJhCJaJhLhBCJaJhLh CJaJhLh_ sCJaJhLh{rCJaJhLhHCJaJhCJaJhe1CJaJhLh(1CJaJhLhyUCJaJ+HJJLPR~26 "r*pD^j D hLhS3CJaJmH sH h4@CJaJhLh!CJaJhLhS3CJaJhLhwCJaJhe1CJaJhLhe'CJaJhLh4CJaJhMlCJaJhLhHiCJaJhLhBCJaJhLh&8dCJaJ2 ! ! !!!!f###J$L$n$%%%6&>&&'''(R(R)f)))*V,ȼȰޤș{s{h\h t=hnP>*CJaJhLhECJaJhFCJaJh4CJaJhLhL)CJaJhLh*5CJaJhLhQmCJaJhe1CJaJmH sH hLh!6CJaJhk@h!6CJaJhLh!CJaJhLh&8dCJaJhe1CJaJhLhS3CJaJmH sH hLhS3CJaJ!V,,,,-$-D---(.*.,../~111|2~2444485556688889H9`9b9|9~9:$:v:::׵תןvkkvkkvkhLhTCJaJhLhvCJaJhLhFCJaJhLht CJaJh4@CJaJhLh&JCJaJhLh3VZCJaJhLhB6CJaJhLhCJaJhLhECJaJhLhBCJaJh t=CJaJhLh3q[CJaJhLhnPCJaJ*:v:x::>>jBDDGGrM$PRU>XZZZZZ^$$$$$$$$$ $$$$$$$$$$$$]`a$gd._)$]`a$gd:6 $da$gd$d`a$gd$]`a$gd>f0:::::;|;>>>>>???????$@@AfBhBjBBBLCBDDDZD\DEEFGⓦ|p|p|bh(Nh56CJaJhLhV6CJaJhLh6CJaJhLhVCJaJhLhTCJaJhhCJaJhLhCJaJhFCJaJhLhFCJaJhLh:6CJaJhN;;CJaJhLh<CJaJhCJaJhLh'XCJaJhLh3q[CJaJ#GGGGGG,H@HtHHHHHHHVIIII6JJJTJJKKKM.MpMrMNN P"P$PRRNTֿ{o{d{dhLhVCJaJhLh:66CJaJhLh'XCJaJh4nCJaJhLhNnCJaJhLh:6CJaJhsNCJaJhLhVCJaJha<CJaJhLhCJaJhLhV6CJaJhLh6CJaJh(Nh56CJaJh(Nh56>*CJaJ%NTUUVWW8X>XY"YYYYZZ ZTZ~ZZZZZZZZ]]]]^^^^___`vaǿǷǷǷǷ~sshs]s]s]hLhO@CJaJhLh'XCJaJhLh CJaJhWCJaJh4CJaJhWh456CJ aJ h)]>56CJ aJ hi4CJaJhWCJaJhd'CJaJhZJCJaJhjCJaJhN;;h'X6>*CJaJhLh'X6CJaJhLh._)6CJaJhLh._)CJaJ$^_xazae@hljnVwyy.|@JL$ȍ $$$$$ $$$$$ $$ $$$$$ $$$]`a$gdT $`a$gd$]`a$gd:6$ & F]a$gdO@vaxazaaf@hhhljpjj4lrltlmmmnnnnnnoq@q"s@ss"u2uJuuuɽԖ~vvnvff^^V^VhhCJaJhU]CJaJh&xCJaJhT CJaJh&YCJaJh }CJaJhN;;CJaJhWCJaJhLhA20CJaJhCJaJhraCJaJhLhA206CJaJhLh6CJaJhLhCJaJhLh[CJaJhLhqmCJaJhLh._)CJaJhLh CJaJ!uuLvrvRwTwVwvw:ytyyyyy${:{N{Z{l{n{|.||j~BN\V^൭~~ȆvjhWCJaJmH sH h=.)CJaJh CJaJhuRCJaJhThTCJaJhThT6CJaJhTCJaJhUCCJaJhUChUCCJaJhN;;CJaJhWCJaJhm|CJaJhQPCJaJh._)CJaJhraCJaJhhCJaJhT CJaJ%^`ln|Ќ4؍HJbdr6<hո}}}uju_hyhK_CJaJhK_hK_CJaJhK_CJaJhyhyCJaJhyCJaJh&<CJaJh8CJaJhi4CJaJhTACJaJhSCJaJhCJaJhh6CJaJhTA6CJaJhhW6CJaJhWCJaJhWCJaJmH sH hWhWCJaJ%L<DĠ>J.4вz|~$$$$$$$$$$$$$$$$$ $`a$gd= $`a$gd| $`a$gdi4 $`a$gdNs $`a$gdk $`a$gd=|:$a$gdy $`a$gdy$]`a$gdy<>D2xz|ĠҠؠ04FP8>ȣ 4@BRV\`<Hڦd֧ܨnDJp.24>Z:<hl߼߼̼̼̼̼̼̬̬̬̬̬̤̤̤h| h| CJaJh| CJaJhNsCJaJhi4CJaJhkCJaJhIJCJaJhyhyCJaJhK_CJaJh=|:CJaJhK_hy6CJaJhK_hK_6CJaJ<Į֮FLرNβ&(ĴFHxz|~ykchCJaJh&<hW56CJ aJ hIJ56CJ aJ h56CJ aJ hyhi4CJaJh&<CJaJh=h=CJaJhi4CJaJh[CJaJh=CJaJhyCJaJh| hy6CJaJh| h| 6CJaJhIJCJaJh| CJaJhyhyCJaJ&^`fh,.bp,`b$$$$ $$$$$$$$$ $ $$$$$$ $$$$]gdlN ]`gdlN$]`a$gdT$a$gdyĶ Lb»\`x~ Hbdfhp*,"npǸDzǧ؟ؗ؏؄vnЧ]!jhYMhlN0JCJUaJhYMCJaJhYMhlN5CJ\aJhYMhCJaJh,bCJaJh CJaJhi4CJaJhYMhlNCJaJ haJhYMhlN56\]aJhYMhlNaJhlNCJaJhCJaJh,CJaJh^ CJaJh&<CJaJhuRCJaJ$p`b>`b*.:rtv ^pdfƷƠԘyqyqfhYMh5Z1CJaJh9zCJaJh]Xh]XCJaJh]XCJaJmH sH h]XCJaJh5Z1CJaJ-jhYMhlN0J56CJU\]aJh=hlN56CJ]aJhYMhlN6CJ]aJh=CJaJ!jhYMhlN0JCJUaJh8xCJaJhYMhlNCJaJ(vf449??vFxFJOLORWH[J[V`bbfn$$$ $$$$ $ $$ $ $$ $$$$$ $$$ $$$ $$ $`a$gd5Z1]gd=]gdlN>< ?@57845=B0 !( 2 8=B5@2LN 6C@=0;8AB0< 22 D52@0;O 2001 3>40 ?>4G5@:820;0, GB> AG8B05B >AA8N ?0@B=5@><, 4065 A>N7=8:><, => 7=05B, GB> 2 >?@545;5==K9 <><5=B 55 8=B5@5AK 2>94CB 2 ?@>B82>@5G85 A =0H8<8. #65 B>340 3>A?>60 09A ?@54A:07K20;0 >?0A=>ABL, GB> 2 1;8609H85 3>4K >AA8O 1C45B 2A5 1>;LH5 A1;860BLAO A 0@01A:8<8 AB@0=0<8, 2:;NG0O @0=.  :>=F5 :>=F>2, B0:0O ?>;8B8:0 ?@82545B 55 : >B:07C >B =0<5@5=8O 2=>A8BL A2>9 2:;04 2 CA8;8O ?> A>E@0=5=8N <8@0, - 70O28;0 09A, =5 @07JOA=82 ?>4@>1=> :0:85 2>7<>6=K5 >B25B=K5 459AB28O 3>B>2OB !( =0 B>B A;CG09, 5A;8 >AA8O 2 ?>=8<0=88 0<5@8:0=A:>9 04<8=8AB@0F88 =0G=5B @07@CH0BL <8@. 48= 87 F5=B@0;L=KE 2>?@>A>2 ?>;8B8:8 3;>10;870F88  2ABC?;5=85 >AA88 2> A5<8@=CN B>@3>2CN >@30=870F8N ("), :>B>@>5 ?><>65B 59 ?@>4>;60BL 2=>A8BL A2>9 2:;04 2 CA8;8O ?> A>E@0=5=8N <8@0. 1AC645=85 53> 2 ?@5AA5, 0 G0AB> 8 A@548 ?@>D5AA8>=0;>2, D>:CA8@C5BAO =0 C7:>< :@C35 2>?@>A>2, A2O70==KE A 2K1>@>< :>=:@5B=KE CA;>289 2ABC?;5=8O, 0 8<5==> >?@545;5=8O B0@8D>2 8 AC1A8489 ?> >B45;L=K< B>20@0< 8;8 3@C??0< B>20@>2. ABC?;5=85 2 " ?@82545B : 3>@074> 1>;55 3;C1>:8< 87<5=5=8O< 2 M:>=><8:5, G5< >B:@KB85 :>=:@5B=KE @K=:>2, ?>MB><C =5>1E>48< 1>;55 H8@>:89 273;O4 =0 =5>1E>48<>ABL 8 ?>A;54AB28O 2ABC?;5=8O. " 1K;0 CG@5645=0 2 1995 3>4C 3>AC40@AB20<8  CG0AB=8:0<8 5=5@0;L=>3> A>3;0H5=8O ?> B0@8D0< 8 B>@3>2;5 ("").  A2>N >G5@54L "" 1K;> ?>4?8A0=> 2 1947 3>4C 8 ?@0:B8G5A:8 A@07C 65 AB0;> >4=8< 87 F5=B@0;L=KE 725=L52 2 A8AB5<5 3;>10;L=>3> ?@>B82>AB>O=8O 0?040 ?@>B82 >AB>G=>3> ;>:0, A=0G0;0 2 CA;>28OE 65;57=>3> 70=025A0, 0 70B5< 2 @0<:0E 4>:B@8=K A45@6820=8O. A;8 2 A>3;0H5=85 "" ?5@2>=0G0;L=> 2>H;8 23 3>AC40@AB20, B> A>740==0O =0 53> >A=>25 " >1J548=8;0 C65 >:>;> 140 AB@0= (87 <8@>2KE 45@602 :@><5 >AA88 2 " =5 2E>48B B>;L:> 8B09, => 8 >= C65 ?>GB8 B0<). %>BO 2 >D8F80;L=KE A>>1I5=8OE G0AB> 3>2>@8BAO > 3@C??5 :204@> (!(, 0=040, !, /?>=8O) :0: > G5B25@:5 <8@>2KE ;845@>2 2 AD5@5 B>@3>2;8 8 CA;C3, 3;025=AB2CNICN @>;L 2 " A53>4=O, 157CA;>2=>, 83@0NB !>548=5==K5 (B0BK. 45O A>740=8O =0 1075 "" 2;8OB5;L=>9 <564C=0@>4=>9 >@30=870F88, GB>1K A 55 ?><>ILN CAB0=>28BL ;815@0;L=K9 @568< B>@3>2;8 2 3;>10;L=KE <0AHB010E, 0:B82=> ?@>42830;0AL ?@028B5;LAB2>< !(, =0G8=0O A 1977 3>40. ">340 A ?>40G8 0<5@8:0=F52 1K; 40= AB0@B C@C3209A:><C @0C=4C ?5@53>2>@>2 ?> ?@>1;5<0< <8@>2>9 B>@3>2;8, :>B>@K9 4;8;AO 15 ;5B. 4=0:> MB><C ?@54H5AB2>20;> A>740=85 2 1973 3>4C ?>4 M384>9 2A5 B5E 65 !( 5I5 >4=>9 <564C=0@>4=>9 >@30=870F88  "@5EAB>@>==59 :><8AA88. 5H5=85 >1 MB>< 1K;> ?@8=OB> =0 :>=D845=F80;L=>< A>25I0=88 2 =>O1@5 1972 3>40 ?@57845=B>< '597 0=E5BB5= 10=:0 M284>< >:D5;;5@><, 0:A>< >=83B0=>< (28F5-?@57845=B>< ><8B5B0 ?> >1J548=5=8N 2@>?K) 8 >@65< $@0=:;8=><, 3;02>9 !>25B0 ?> <564C=0@>4=K< >B=>H5=8O<  =5?@028B5;LAB25==>9 >@30=870F88 <8@>2>9 D8=0=A>2>9 M;8BK A> HB01- :20@B8@>9 2 !(. 0 A53>4=OH=89 45=L " :>=B@>;8@C5B =5 <5=55 90% <8@>2>9 B>@3>2;8, 0 55 =5?>A@54AB25==>5 2;8O=85 @0A?@>AB@0=O5BAO =0 2/3 =0A5;5=8O ?;0=5BK. >A;5 ?@8=OB8O 2 A2>8 @O4K >AA88 8 8B0O MB0 >@30=870F8O AB0=5B ?>-=0AB>OI5<C 3;>10;L=>9. !B>@>==8:8 A:>@59H53> 2ABC?;5=8O >AA88 2 " 8AE>4OB 87 B>3>, GB> MB> O:>1K A>740AB 4;O =0A @568< <0:A8<0;L=>3> 1;03>?@8OBAB2>20=8O ?@8 2KE>45 =0 <8@>2K5 @K=:8. 4=0:> ?@8 MB>< ?>G5<C-B> 701K205BAO, GB> 3;02=K< B@51>20=85< " O2;O5BAO 45@53C;OF8O =0F8>=0;L=>9 M:>=><8:8 A> AB>@>=K 3>AC40@AB20, B> 5ABL ?5@540G0 2A5E @KG03>2 C?@02;5=8O M:>=><8:>9 AB@0=K 2 @C:8 70@C156=KE :>@?>@0F89, ?@8G5< MB> >1O70;8 A45;0BL 4065 /?>=8N, =5 3>2>@O C65 > <5=55 @0728BKE AB@0=0E. "0: GB> =8 > :0:>< ?>;=>?@02=>< CG0AB88 >AA88 2 <8@>2>< @0745;5=88 B@C40 8;8 A8AB5<5 <564C=0@>4=>9 B>@3>2;8 2 A;CG05 2ABC?;5=8O 2 " @5G8 1KBL =5 <>65B. 8@>20O ?@0:B8:0 402=K<-402=> 4>:070;0, GB> AB@0=K A <5=55 @0728B>9 @K=>G=>9 M:>=><8:>9 ?>A;5 >B:@KB8O A2>8E 2=CB@5==8E @K=:>2 4;O 1>;55 @0728BKE AB@0= =587<5==> >:07K20NBAO 2 ?@>83@KH5: >=8 ?>?040NB 2 ?>;=CN 7028A8<>ABL >B A8;L=KE ?0@B=5@>2 8 2 8B>35 CB@0G820NB AC25@5=8B5B. !B0=40@B=K<8 M:>=><8G5A:8<8 0@3C<5=B0<8 2 ?>;L7C >B:@KB8O M:>=><8:8 <>3CB 1KBL: 2K3>4=>ABL 4;O AB@0= CG0AB8O 2 <564C=0@>4=>9 B>@3>2;5 >A=>20=0 =0 ?@8=F8?5 A@02=8B5;L=>3> ?@58<CI5AB20, A>3;0A=> :>B>@><C AB@0=K A?5F80;878@CNBAO 2 ?@>872>4AB25 B5E B>20@>2, :>B>@K5 ?@>872>48BL 2 MB>9 AB@0=5 2K3>4=59, G5< 4@C385; B0:8< >1@07><, 2>7=8:05B <564C=0@>4=>5 @0745;5=85 B@C40. 4=0:>, 2 MB>< 8 :@>5BAO 4>;O =0A >?0A=>ABL =530@<>=8G=>3> @0728B8O. >2>@OB, GB> " 405B 2>7<>6=>ABL 70I8I0BL @>AA89A:8E M:A?>@B5@>2 =0 2=5H=8E @K=:0E. !53>4=O :>;8G5AB2> 0=B845<?8=3>2KE 8A:>2 ?@>B82 @>AA89A:8E ?@54?@8OB89 C65 ?@81;8605BAO : A>B=5. @8 MB>< ?> <5@5 70<54;5=8O M:>=><8G5A:>3> @>AB0 2 @0728BKE AB@0=0E MB>B ?@>F5AA 1C45B B>;L:> =018@0BL A8;C. " ?><>65B 871560BL =0< MB8E ?@>1;5<. ?>;=5 2>7<>6=>. ">;L:> MB8E ?@>1;5< <>6=> 871560BL 548=AB25==K< ?CB5<, =57028A8<> >B G;5=AB20 2 "  ?>2KH5=85< C@>2=O F5= 8 ?>B5@59 :>=:C@5=B>A?>A>1=>AB8. > A53>4=O =0H8 M:A?>@B5@K =5 84CB ?> MB><C =52K3>4=><C ?CB8, 0, 2ABC?82 2 ", 3>AC40@AB2> >1O70=> 1C45B 70AB028BL 8E MB> A45;0BL. B:@KB85 M:>=><8:8 A?>A>1AB2C5B @0728B8N <564C=0@>4=KE >B=>H5=89. ">@3>2;O 8 2708<=K5 8=25AB8F88 45;0NB M:>=><8:8 @07;8G=KE AB@0= 7028A8<K<8 4@C3 >B 4@C30 8 B5< A0<K< >3@0=8G820NB 2@06451=>ABL 2=5H=59 ?>;8B8:8. <5AB> 01AB@0:B=KE 2@03>2 2 8=>AB@0=F0E =0G8=0NB 2845BL :>=:@5B=KE ?0@B=5@>2 ?> 187=5AC, ?>:C?0B5;59 8 ?>AB02I8:>2 B>20@>2 8 CA;C3. > 2A5 MB> ?@>8AE>48B, :>340 @01>B0 2545BAO =0 @02=KE, :>340 2 B515 284OB A8;L=>3> ?0@B=5@0. K 65, : A>60;5=8N, ?>:0 40;5:8 >B MB>3>. ABC?;5=85 2 " B@51C5B >B @>AA89A:>3> 187=5A-A>>1I5AB20, ?@028B5;LAB20 8 >1I5AB20 2 F5;>< ?@>O28BL 15A?@5F545=B=>5 2;045=85 8A:CAAB2>< :><?@><8AA0, 0 MB>3> :0: @07 8 =5B. 065 2 AB@0=0E A @0728BK< 3@0640=A:8< >1I5AB2>< ?@8 >1AC645=88 ?@>1;5< <564C=0@>4=>9 B>@3>2;8 ?@58<CI5AB2> ?> ?>=OB=K< ?@8G8=0< ?>;CG05B :@C?=K9 187=5A (:0: @07 >1J5:B =0H59 5@5A8), 2 B> 2@5<O :0: 8=B5@5AK =0A5;5=8O 8 <0;>3> 187=5A0 =5 CG8BK20NBAO 2 ?>;=>9 <5@5.  >AA88 MB> CAC3C1;O5BAO =5@0728B>ABLN 8=AB8BCB>2 3@0640=A:>3> >1I5AB20, 0 B0:65 B5<, GB> =5:>B>@K5 >B@0A;8 4>;6=K 1C4CB 8AG57=CBL. A5 MB> 40;5:> =5 1C45B A?>A>1AB2>20BL A>F80;L=>-?>;8B8G5A:>9 AB018;L=>AB8. >;=>5 >B:@KB85 M:>=><8:8 <>65B ?@825AB8 : B><C, GB> =0H8 B>20@K 1C4CB 2KB5A=5=K 8<?>@B=K<8, 8, :0: A;54AB285, 2>7=8:=5B <0AA>20O 157@01>B8F0.G5=L 206=> ?>=8<0BL, GB> 2ABC?;5=85 2 "  MB> =5 B>;L:> A=865=85 B0@8D>2, @5GL > 3>@074> 1>;55 ACI5AB25==KE ?>A;54AB28OE 4;O M:>=><8:8 8 AB@0=K 2 F5;><. A=>2=>9 :;C1>: 2>?@>A>2  MB> AB0=40@B=K9 =01>@ ?@>1;5<, B>@<>7OI8E @0728B85 M:>=><8:8 >AA88: =5@5AB@C:BC@8@>20==K5 ?@><KH;5==>ABL 8 A5;LA:>5 E>7O9AB2>, =5:>=:C@5=B>A?>A>1=K9 D8=0=A>2K9 A5:B>@, :>@@C<?8@>20==>5 8 =5MDD5:B82=>5 ?@028B5;LAB2>. ABC?;5=85 ;81> =52ABC?;5=85 2 " A0<> ?> A515 =5 @5H8B ?@>1;5<K 2K6820=8O >AA88 2 CA;>28OE 2A5>1I59 3;>10;870F88. @8=OB85 >B@8F0B5;L=>3> @5H5=8O ?> ?>2>4C " =5 A?0A5B =0A >B AB@C:BC@=>9 157@01>B8FK 8 ?@>1;5< A 8=25AB8F8O<8, :0: 8 >B =5>1E>48<>AB8 ?@>4>;60BL, B>G=55  =0G8=0BL, @5D>@<K. >=5G=>, 70?04=K< M:>=><8AB0< 8 ?>;8B8:0< ;53:> A>25B>20BL @>AA89A:><C ?@028B5;LAB2C, GB>1K >=> ?@>2>48;> @5D>@<K, 70@CG82H8AL H8@>:>9 ?>445@6:>9 =0A5;5=8O. > MB> B>;L:> D@07K. 5B 55 ?>445@6:8-B>. 0: 59 70@CG8BLAO? @548B 4>25@8O =0A5;5=8O ?@0:B8G5A:8 8AG5@?0=. N48 284OB ?>;=>5 >BACBAB285 ?>;>68B5;L=KE B5=45=F89 2 1>@L15 A :>@@C?F859, 1N@>:@0B859, E8I5=85< 3>AC40@AB25==KE @5AC@A>2. 0 ;8F> A3=82H0O A8AB5<0 ; :>@@C<?8@>20==0O 0;>3>20O 8=A?5:F8O, A>18@0NI0O =0;>38, :>B>@K5 1C4CB ?>765 B0: 8;8 8=0G5 C:@045=K; 45<>@0;87>20==>5 <8=8AB5@AB2> >1>@>=K, 2 :>B>@>< 3@C??0 35=5@0;>2 >B 2>@>2AB20 =5 405B 2>7<>6=>ABL =>@<0;87>20BL @01>BC 2A53> 254><AB20; :04@>2K9 45D8F8B 2 >@30=0E 2;0AB8 (87-70 :;0=>2>9 70<:=CB>AB8 8 =565;0=8O @50;L=>9 @>B0F88); >BACBAB285 3>AC40@AB25==>9 845>;>388 8 G5B:>9 2=5H=59 ?>;8B8:8. 5B :@548B0, =5B 2@5<5=8, =C6=> =0G8=0BL 459AB2>20BL 65AB:> 8 1KAB@>. ">;L:> :>=:@5B=K5, MDD5:B82=K5 @57C;LB0BK <>3CB 40BL 2>7<>6=>ABL ?>;CG5=8O >G5@54=>3> :@548B0 >B =0A5;5=8O >AA88. 0AA<0B@820O, B5=45=F8N <>45;8@>20=8O =>2KE A8AB5< 157>?0A=>AB8, =5>1E>48<> >B<5B8BL, GB> 25AL MB>B ?5@545; ?@>2>48BLAO !>548=5==K<8 (B0B0<8 ?> ?@>AB><C ?@8=F8?C: :B> =5 A =0<8, B>B ?@>B82 =0A. -:>=><8G5A:85 8 2>5==K5 ?>78F88 0H8=3B>=0 70 @C156>< ?>4:@5?;ONBAO 53> >3@><=K< ?>;8B8G5A:8< 2;8O=85<. @0:B8G5A:8 2A5 =081>;55 ?@>F25B0NI85 3>AC40@AB20 A>2@5<5==>3> <8@0 >B=>AOBAO : G8A;C A>N7=8:>2 8;8 1;8609H8E 4@C759 !(. > ACI5AB2C, A;>68;0AL @50;L=0O 8 >1H8@=59H0O 0<5@8:0=A:0O 7>=0 2;8O=8O, A>AB>OI0O 87 3>AC40@AB2, :>B>@K5 ?@85<;NB ;845@AB2> 0H8=3B>=0 8 1C4CB 708=B5@5A>20=K 2 =5< 8 2?@54L.  MBC 7>=C 2E>4OB 0?04=0O 2@>?0, G0ABL 780BA:>-B8E>>:50=A:>3> @538>=0, 0B8=A:>9 <5@8:8, ;86=53> >AB>:0. =8 =C640NBAO 2 AB@0B538G5A:>9 ?>445@6:5 8 M:>=><8G5A:>< ?0@B=5@AB25 A> AB>@>=K !(. !>548=5==K5 (B0BK, =5A><=5==>, 8<5NB >A=>20=8O ?@5B5=4>20BL, 8 45;0NB MB>, =0 @>;L <>I=59H53> F5=B@0 A8;K =0 4;8B5;L=CN ?5@A?5:B82C. =8 A>740;8 :>;>AA0;L=K9 M:>=><8G5A:89, 2>5==K9 8 =0CG=>-B5E=8G5A:89 ?>B5=F80;, :>B>@K9, AC4O ?> >F5=:0< A?5F80;8AB>2, 1C45B @0AB8 8 40;LH5. ;8O=85 !( ?@>5F8@C5BAO =0 3;02=K5 AD5@K 687=8 A>2@5<5==>3> <8@0.  >A=>25 <8@>2>9 M:>=><8:8 ;568B A59G0A 0<5@8:0=A:0O =5>;815@0;L=0O <>45;L.  AD5@5 55 ?@8BO65=8O 2 1>;LH59 8;8 <5=LH59 AB5?5=8 =0E>4OBAO 2A5 AB@0=K.  @C:0E 0H8=3B>=0 MDD5:B82=K5 @KG038 C?@02;5=8O E>7O9AB25==K<8 ?@>F5AA0<8 =0 75<=>< H0@5  $,   , " 8 B.4. .6=0O >@5O, =4>=578O, 0;0978O 8 4065 /?>=8O 2K=C645=K >?8@0BLAO =0 0<5@8:0=A:CN ?><>IL 8, 2 A>>B25BAB288 A B@51>20=8O<8 8 A>25B0<8 87-70 >:50=0, 5I5 H8@5 @0A:@K20BL A2>8 A8AB5<K.  2>5==>9 AD5@5 <5@8:0 B>65 2K@K205BAO 2?5@54.  !( A>740NBAO 2A5 1>;55 A>25@H5==K5 284K @0:5B=>-O45@=>3> >@C68O 8 A@54AB2 2545=8O 2>9=K. <5@8:0=FK B@51CNB >B ?0@B=5@>2 ?> !525@>0B;0=B8G5A:><C 0;LO=AC ?>2KH0BL C@>25=L A@54AB2 C?@02;5=8O, @07254:8 8 A2O78, :>A<8G5A:>3> =01;N45=8O 70 ?>25@E=>ABLN 75<;8, A@54AB2 ?@>5:F88 A8;K, 2KA>:>B>G=KE 1>5?@8?0A>2 8 B.4. !>548=5==K5 (B0BK >AB0NBAO 548=AB25==>9 45@602>9, GL8 2>9A:0 ?@>4>;60NB 48A;>F8@>20BLAO 2 1>;LH8E :>;8G5AB20E 2 :;NG52KE @538>=0E <8@0  2@>?5, /?>=88, .6=>9 >@55, !0C4>2A:>9 @0288, =0 !@54=5< >AB>:5 8 788. > 2A5< MB8< ?@8G8=0< 0<5@8:0=A:>5 =0?@02;5=85 4;O =0A ?>:0 >AB05BAO 0:BC0;L=K<. "5< 1>;55 GB> !( 70=8<0NB =5 ?@>AB> >G5=L 0:B82=CN ?>78F8N 2 <8@>2>9 ?>;8B8:5, => 8 ?>AB>O==> AB@5<OBAO : 55 CA8;5=8N 8 A>25@H5=AB2>20=8N. >:070B5;LAB2>< MB><C A;C68B A>740=85 5=B03>=>< A?5F80;L=>3> ?>4@0745;5=8O 4;O ?@>2545=8O H8@>:><0AHB01=KE 8=D>@<0F8>==KE 2>9=. >5==K5 C65 402=> 254CB 8=D>@<0F8>==CN 2>9=C ?@>B82 2@06451=KE AB@0=  =0?@8<5@, @071@0AK20O ;8AB>2:8 8 >@30=87CO 25I0=85 =0 D30=8AB0=, :>340 >= 5I5 1K; ?>4 2;0ABLN B0;81>2. K;> A>740=> #?@02;5=85 AB@0B538G5A:>3> 2;8O=8O (Office of Strategic Influence), :>B>@>5 @0AH8@8;> @0<:8 MB>9 7040G8 =0 A>N7=K5 AB@0=K =0 ;86=5< >AB>:5, 2 788 8 4065 2 0?04=>9 2@>?5. -B> C?@02;5=85 27O;> =0 A51O @>;L, B@048F8>==> ?@8ACICN 3@0640=A:8< 254><AB20<, 2 G0AB=>AB8, >AC40@AB25==><C 45?0@B0<5=BC !(. !>740=85 =5<=>3>G8A;5==>3>, => E>@>H> D8=0=A8@C5<>3> C?@02;5=8O, AB0;> >B25B>< =0 ACI5AB2>202HCN 2 0<5@8:0=A:>9 04<8=8AB@0F88 >701>G5==>ABL ?> ?>2>4C B>3>, GB> !>548=5==K5 (B0BK B5@ONB >1I5AB25==CN ?>445@6:C 8E 2>9=K A B5@@>@87<>< 70 >:50=><, 2 G0AB=>AB8, 2 8A;0<A:8E AB@0=0E. 0: G0ABL CA8;89 ?> ?@>B82>459AB28N 2KA:07K20=8O< B0;81>2, #A0<K 15= 045=0 8 8E AB>@>==8:>2 3>AC40@AB25==K9 45?0@B0<5=B !( =0=O; =0 @01>BC 1K2H53> <5=5465@0 @5:;0<=>9 D8@<K, ?>AB0282 53> 2> 3;025 A2>53> >B45;0 >1I5AB25==>9 8=D>@<0F88, 0 5;K9 4>< A>740; >?5@0B82=K9 70; >1I5AB25==>9 8=D>@<0F88 A 7040G59 :>>@48=0F88 ?>2A54=52=> @0AAK;05<>9 2=CB@8 AB@0=K 8 70 @C156 8=D>@<0F88.  ?><>IL =>2><C C?@02;5=8N 5=B03>= =0=O; Rendon Group, <564C=0@>4=CN :>=A0;B8=3>2CN D8@<C A> HB01 :20@B8@>9 2 0H8=3B>=5, 2> 3;025 :>B>@>9 AB>8B 6>= 5=4>= (John W. Rendon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arnegie Corporation of New York, 2000.  A.11.  - >AA89A:0O 8=8F80B820: >:;04K G5BK@5E A?5F80;L=KE :><8AA89.  @>5:B Carnegie Corporation of New York, 2000.  A.13, 16. PAGE  PAGE 1 0001111112 242223333 4.4>4F4`4b4z44445b5j556|6::::8;:;???vFxFH[J[] ^bbVll޾hRCJaJh=CJaJhPCJaJh5CJaJhYMhi4CJaJhYMhlNCJaJhi4CJaJh8* CJaJhqCJaJhTCJaJhYMh5Z1CJaJhqh5Z16CJaJh5Z1CJaJU5lnnnpqrqrrss4t6ttvv:xCJaJhIJCJaJhCJaJhKDCJaJhqCJaJ hqaJ h/&}aJhYMhlNNHaJhYMhlNaJhYMhlNCJNHaJhYMh&<CJaJhPCJaJhYMhlNCJaJ1nnNptw,{.{~vxNtlHȘʘ$$ $$$$$$$$$ $ $$$ $$$$$$$]gdlN ]`gdlN$]`a$gdlN]gdlN  ]gdPR 4H^r|֠ؠDFHJlln£rNTPnp|hm)FCJaJhLOCJaJhzCJaJhCJaJh wCJaJhIKCJaJh#eCJaJheO7CJaJhIJCJaJh1"CJaJhxbCJaJhYMhlNCJaJhh56CJ aJ heO756CJ aJ h5CJaJ0Ğ"^`ؠn΢ТʧRTB$$$$$$$$$$$P$P$P$$$$$$ $ $$  & F]gdIK]gd#e]^`gd#e  & F]gdeO7]gdlNp,@B$FHd`v&64FT8:NP<v𐘐xh ~CJaJh[CJaJhbiCJaJh=CJaJh CJaJh CJaJh8SCJaJh]DlCJaJh6CJaJh|CJaJhP{CJaJh5CJaJh1m|CJaJhLOCJaJh$wRCJaJhCJaJhzCJaJ/H"x`r.:R6<$$ $$$$$$ $ $$$$$P$P$P$P$$$$$$]gdc ]`gdeO7]gd}j+  & F]gd}j+]gd#ezpr>~Z42F Hr  " nT46ȸȸhzCJaJh`7CJaJhNFCJaJhnCJaJheO7CJaJh+*CJaJhnUtCJaJhcCJaJhw OCJaJh}j+CJaJhCJaJhCJaJh(#UCJaJh05CJaJh ~CJaJh CJaJ2<"VXnh j RDFx` $$$$ $$ $$$$$$ $$ $$$$$$$$]gd ]`gd]gdp]gd@k]gdNF ]`gdeO76<$lnp\f j  l    PRBDttȭإإ؝إؑ؉؉yheO7CJaJh|*CJaJhCJaJh|*hp5CJaJh%CJaJhCaCJaJhYMhpCJaJhCCJaJh@kCJaJh?CJaJh:CJaJhpCJaJh CJaJh`7CJaJhnUtCJaJhzCJaJ/tx \`b^t "`j"xz&Fh  &!*!" #H#z##P$R$T$%%%%%d&f&h&ȸШؐhdNCJaJhIq@CJaJhnCJaJh*\CJaJhlCJaJhmCJaJh;xCJaJh@hCJaJhKrNCJaJhV<CJaJh@kCJaJh:CJaJh4@CJaJh%CJaJhCJaJheO7CJaJ.`bn(!*!R$T$h&4',(,).)@)B)D)Z)\)^)`)b)$$ $$$$$$$v:$v:$v:y$$h]hgdi4 &`#$gd wgdlN]gdh&j&4'6''''''''(( (,(.((((((((((),).)0)<)>)@)D)F)R)T)V)X)Z)^)`)b)h:CJaJh>C0JmHnHu hn0Jjhn0JUh%hnmH sH hnjhn0JU)21h:p>f0. A!"R#$% B@B 1KG=K9CJ_HaJmHsHtHBA@B A=>2=>9 H@8DB 0170F0XiX 1KG=0O B01;8F04 l4a .k. 5B A?8A:08O8 'Xarticpar d\$D^@D  1KG=K9 (251)dd[$\$\C@\ lNA=>2=>9 B5:AB A >BABC?><$`a$<@"< lN "5:AB A=>A:8CJaJ2&@12 lN =0: A=>A:8H*BB@BB lNA=>2=>9 B5:AB$a$CJFP@RF lNA=>2=>9 B5:AB 2$a$aJJ @bJ i486=89 :>;>=B8BC;  E$4)@q4 i4><5@ AB@0=8FKJJ 2 "5:AB 2K=>A:8CJOJQJ^JaJj0rzfbe   bbbbbbbbbbbbbe D "& "& "& "& "& "& "& "& "& "& "& "& "& "& "& "& "& "& "& "& "& "& "& "& "& "& O&.V9CM?W_iBs|Kf֮ lRF   X S |tV,-C ?[ Zv ;<Q^_5""$U%&(@)A)B)Z)[)K++,,. 061t3788:Q=R=?G@AB DFFGIQJbLMNO%QRRThUU=W>W?W@WAWBWWWXW/Z0Z[\H]]__Ha{cffj\l]l8mpppgqBsttjwMyzP{}[\ۅ܅767V?AYstݤAB:;<fgܳ*?PnI+DE¹'1kniYdtzn"4&' qrwst}~00p0p0p00000000x0000x0x0x0x0x0x0x000x0x00 000 000000x0x0x0x00(0x0 0 0  0x 0x0x0x0x0x000x00000x0x0x008080@0@00x0@0@0@0@0@0000x0P0P0H0P00P0P0x00x00x0080P0800X000x0@0x0@0x0`0x0h0x0x0P0P0P0000x0x0p0p0x0x00x000x0x0x0x0x0h0x00x0000x0x0x0x0x0x00x000x0x0x0x000x0x00x000x00 0 0 0 0000 0 0 0x000000x00x00x000000000x0x00 0 0 0 00x0000000x000000x000000x00000x0000000x00000x@0x@0x0p5@0@0@00@0@0,- <^_5""$( 061GIbLMO%QR=W;00L ;00;00;00;00Px .$$8;00 .;00;00@0@0@0@0{00{00@0{00{0$0{00x{00{00{00{00{00{00{00{ $ V,:GNTvau^plp6th&b)!:^Ln<`b) `) !!3=v# , ""##////`0f0b4j444X5i555 77077797B7D7J7b7j7@ @(C.CnCuCGGGGGGQ!QQQRZ[ZZZZ[_`fdrdTfcfffrggijnn3q@qtt vvwwww{{{|0|5|||||O}U}V}^}}}}}~~6<DNƧ KRTYZ]^d«ȫɫΫ068<@F\go|2CtnyGL %=%++3W5S67v8x8:;\AsAfGlGNNUUXW Y[[0\L\{cIeffj[l]l7mmTn{{}}mv(ۚ?@t2:\gdhzI) +t- 5B)[)|,,*dt.Wtt James Bond1d8-}%c>yuh^$%=u{O ā<[d,h^`OJQJo(hHhdd^d`OJQJ^Jo(hHoh4 4 ^4 `OJQJo(hHh^`OJQJo(hHh^`OJQJ^Jo(hHoh^`OJQJo(hHhtt^t`OJQJo(hHhDD^D`OJQJ^Jo(hHoh^`OJQJo(hHh^`OJQJo(hHhdd^d`OJQJ^Jo(hHoh4 4 ^4 `OJQJo(hHh^`OJQJo(hHh^`OJQJ^Jo(hHoh^`OJQJo(hHhtt^t`OJQJo(hHhDD^D`OJQJ^Jo(hHoh^`OJQJo(hHh^`OJQJo(hHhdd^d`OJQJ^Jo(hHoh4 4 ^4 `OJQJo(hHh^`OJQJo(hHh^`OJQJ^Jo(hHoh^`OJQJo(hHhtt^t`OJQJo(hHhDD^D`OJQJ^Jo(hHoh^`OJQJo(hH,,^,`o(. ^`hH.  L ^ `LhH.   ^ `hH. ll^l`hH. <L<^<`LhH.   ^ `hH. ^`hH. L^`LhH.,,^,`o(. ^`hH.  L ^ `LhH.   ^ `hH. ll^l`hH. <L<^<`LhH.   ^ `hH. ^`hH. L^`LhH.h^`OJQJo(hHhdd^d`OJQJ^Jo(hHoh4 4 ^4 `OJQJo(hHh^`OJQJo(hHh^`OJQJ^Jo(hHoh^`OJQJo(hHhtt^t`OJQJo(hHhDD^D`OJQJ^Jo(hHoh^`OJQJo(hHd8<[dh^$yu}%cu{O֯8.?&Y8* 5,bqSln[U]L)4T | =.)._)+*|*}j+OP.A20>f05Z1*505g5eO7`78=|:N;;&<V<~<= t=)]>4@k@Iq@UCm)FNFIJ&JZJIK(NdNlNKrNsNw OQPR$wR(#UW'X]X3VZ3q[Cara&8d#e@hbiHi#&l]DlMl{r_ snUt w8x;xy9z1m|m| }/&} ~Lhqm:6qv d'a<EWzwByU4nTAO@YM>CS 8S P{V|pS3E:= i45[&x6uRkc<%WH*\!T PToSnP 2mjNs@kC4@F(1KD,K_Qm^ 4t 1"BVxb[z==e'NnTh nLOe1@(|}@@@0UnknownGz Times New Roman5Symbol3& z Arial5& z!Tahoma?5 z Courier New;Wingdings"qhsF&d,%,%!24 3QH)?HiL>A;5 5A;0=A:>9 B@035488 <K 2A5 GC2AB2C5<, :0: GB>-B> ?@>8AE>48B 2>:@C3 =0A James Bond1$      Oh+'0$0@ LX t   M , -  James BondameameNormalo1rm100Microsoft Word 10.0@v0@v4 f@1 @u,%՜.+,08 hp|  MI6A M , -    !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJLMNOPQRTUVWXYZ_Root Entry F9%|a1Table# NWordDocument4DSummaryInformation(KDocumentSummaryInformation8SCompObjj  F Microsoft Word MSWordDocWord.Document.89q