Trump’s tariffs expose Ukraine’s steel industry to another war

International - POSTED: 2025/02/17 14:51

by breakinglegalnews.com

The situation at the Zaporizhstal Iron and Steelworks presents a stark view of the intersection between Ukraine's ongoing war and global economic and political dynamics. The factory, a vital piece of Ukraine's industrial infrastructure, continues to operate under extreme conditions, with the looming threat of Russian advances just kilometers away. The toll on workers, both physically and mentally, is evident as they persist in producing critical materials for military and civilian use despite the ongoing conflict.

However, the added complexity of the trade war sparked by U.S. tariffs on steel and aluminum poses a fresh challenge. For Ukraine, which heavily depends on its steel industry, this could further destabilize an already fragile economy. The 25% tariffs introduced by President Trump could lead to decreased exports, exacerbating the economic strain caused by the war. In addition, Trump's recent outreach to Putin and comments about potentially meeting with him in person, coupled with dismissals of NATO membership for Ukraine, raise concerns in Kyiv about the future of U.S. support.

These developments underscore how deeply interconnected geopolitics, military conflict, and global trade are in shaping the survival of Ukraine's key industries. The factory’s workers, like many others in the region, are caught in the crossfire of these broader international shifts, and their resilience will be critical in navigating both the physical and economic battles ahead.

What changes to the CHIPS act could mean for AI growth and consumers

Business - POSTED: 2025/02/16 20:07

Even as he’s vowed to push the United States ahead in artificial intelligence research, President Donald Trump’s threats to alter federal government contracts with chipmakers and slap new tariffs on the semiconductor industry may put new speed bumps in front of the tech industry.

Since taking office, Trump has said he would place tariffs on foreign production of computer chips and semiconductors in order to return chip manufacturing to the U.S. The president and Republican lawmakers have also threatened to end the CHIPS and Science Act, a sweeping Biden administration-era law that also sought to boost domestic production.

But economic experts have warned that Trump’s dual-pronged approach could slow, or potentially harm, the administration’s goal of ensuring that the U.S. maintains a competitive edge in artificial intelligence research.

Saikat Chaudhuri, an expert on corporate growth and innovation at U.C. Berkeley’s Haas School of Business, called Trump’s derision of the CHIPS Act surprising because one of the biggest bottlenecks for the advancement of AI has been chip production. Most countries, Chaudhuri said, are trying to encourage chip production and the import of chips at favorable rates.

“We have seen what the shortage has done in everything from AI to even cars,” he said. “In the pandemic, cars had to do with fewer or less powerful chips in order to just deal with the supply constraints.”

The Biden administration helped shepherd in the law following supply disruptions that occurred after the start of the COVID-19 pandemic — when a shortage of chips stalled factory assembly lines and fueled inflation — threatened to plunge the U.S. economy into recession. When pushing for the investment, lawmakers also said they were concerned about efforts by China to control Taiwan, which accounts for more than 90% of advanced computer chip production.

As of August 2024, the CHIPS and Science Act had provided $30 billion in support for 23 projects in 15 states that would add 115,000 manufacturing and construction jobs, according to the Commerce Department. That funding helped to draw in private capital and would enable the U.S. to produce 30% of the world’s most advanced computer chips, up from 0% when the Biden-Harris administration succeeded Trump’s first term.

The administration promised tens of billions of dollars to support the construction of U.S. chip foundries and reduce reliance on Asian suppliers, which Washington sees as a security weakness. In August, the Commerce Department pledged to provide up to $6.6 billion so that Taiwan Semiconductor Manufacturing Co. could expand the facilities it is already building in Arizona and better ensure that the most advanced microchips are produced domestically for the first time.

But Trump has said he believes that companies entering into those contracts with the federal government, such as TSMC, “didn’t need money” in order to prioritize chipmaking in the U.S.

“They needed an incentive. And the incentive is going to be they’re not going to want to pay at 25, 50 or even 100% tax,” Trump said. TSMC held board meetings for the first time in the U.S. last week. Trump has signaled that if companies want to avoid tariffs they have to build their plants in the U.S. — without help from the government. Taiwan also dispatched two senior economic affairs officials to Washington to meet with the Trump administration in a bid to potentially fend off a 100% tariff Trump has threatened to impose on chips.

If the Trump administration does levy tariffs, Chaudhuri said, one immediate concern is that prices of goods that use semiconductors and chips will rise because the higher costs associated with tariffs are typically passed to consumers.

Trump Media Reports $400 Million Loss in 2023, Sparking Discussion

People in the News - POSTED: 2025/02/15 13:38

by breakinglegalnews.com

Trump Media & Technology Group, the parent company of Truth Social, has revealed that it lost more than $400 million in 2023. The company's annual revenue also dipped by 12%, falling to just $3.6 million. These financial setbacks have drawn attention, especially as the platform faces scrutiny about its viability in a competitive social media landscape.

One of the key factors behind the reported loss was a revenue-sharing agreement with an undisclosed advertising partner. This agreement seems to have further strained the company's financial situation, despite the high-profile nature of Truth Social.

After Donald Trump's political loss in the 2020 election, the former president's social platform was created as a response to his ban from major social media networks like Twitter and Facebook. Truth Social has since struggled to establish a solid user base, and Trump Media has been criticized for its lack of transparency when it comes to metrics like user growth and engagement.

In 2022, Trump transferred his shares in the company — valued at around $4 billion — to the Donald J. Trump Revocable Trust. His son, Donald Trump Jr., is now the sole trustee and holds voting power over the company’s securities. This move adds a layer of complexity to the company’s structure, potentially limiting its ability to make independent decisions without the family’s involvement.

Despite the significant losses, Trump Media became publicly traded in 2023 after merging with a special purpose acquisition company (SPAC), Digital World Acquisition Corp. While this merger was touted as a way for Truth Social to access public market capital, it also comes with the inherent risks that come with such financial vehicles, especially in the early stages of a business.

Interestingly, Trump Media has been coy about traditional key performance indicators (KPIs), which are commonly used in the tech and social media sectors to measure user growth and engagement. This lack of data has left industry observers questioning the platform's true impact and future prospects.

As Truth Social continues to navigate financial struggles and competition from established platforms, it remains to be seen whether the company can reinvent itself or if its financial trajectory will continue downward.

Attorney general will investigate why NYC mayor's criminal case isn't dropped

Breaking Legal News - POSTED: 2025/02/14 16:04

U.S. Attorney General Pam Bondi said she would “look into” why the corruption charges against New York City’s mayor have not yet been dropped, two days after a senior Justice Department official ordered federal prosecutors to ditch the case.

Speaking with reporters Wednesday evening, Bondi said she was unaware that the case against Mayor Eric Adams hadn’t yet been dismissed. She said she also hadn’t spoken personally with the prosecutor in New York who is, for now, overseeing the case, acting U.S. Attorney Danielle Sassoon.

But Bondi said other senior officials had spoken with Sassoon about the directive to dismiss the charges.

“So that case should be dropped,” Bondi said. “I did not know that it had not been dropped yet, but I will certainly look into that.”

In a two-page memo sent Monday, acting Deputy Attorney General Emil Bove directed Sassoon to dismiss the charges against Adams “as soon as is practicable.” He claimed the case was politically motivated and was interfering with the mayor’s ability to assist in the Trump administration’s crackdown on immigration and crime.

In the days since then, both Adams and his attorney have expressed confidence that the charges — which focused on bribes and illegal campaign donations — were permanently quashed. But the Justice Department memo left the door open to the case being brought back next fall following a review.

As of early Wednesday evening, prosecutors had not filed the legal papers needed to start the process of dismissing the charges.

Bove’s memo had indicated that before that could happen, Adams would be required to sign an acknowledgement that prosecutors could refile the charges against him at any point. Adams’ lawyer said Wednesday morning that the mayor had not signed any documents yet in connection with the possible dismissal.

Sassoon has not commented publicly since the Justice Department directive became public. Prosecutors in New York had, until this week, indicated that they believed they had a strong case, and that the investigation had uncovered additional evidence of misconduct by Adams.

Sassoon’s power to resist the Justice Department directive, if she were to choose to do so, is limited. The U.S. attorney general has the power to replace U.S. attorneys at will, meaning anyone who opposes directives from Washington could potentially be removed.

At a press conference Wednesday morning, Adams’ lawyer, Alex Spiro, claimed victory. He said he didn’t believe prosecutors would ever bring the case back.

“There is no looming threat. This case is over. It will not be brought back,” he said. “Despite a lot of fanfare and sensational claims, ultimately there was no evidence that he broke any laws ever.”

Bove’s memo said the directive to halt the case was made without “assessing the strength of the evidence.” It also said the prosecutors should review the matter in November following the mayoral election.

Those unusual terms have drawn skepticism from some Democrats, and fierce rebuke from the mayor’s Democratic primary challengers, who contend that Adams has agreed to carry out Trump’s hardline immigration agenda in exchange for his freedom.

Spiro denied that Adams had made any such promise. But he acknowledged that immigration and other policy issues were discussed at a meeting between the mayor’s legal team and Justice Department officials before the issuing of the directive to halt the case.

“The functioning of the government, and the mayor’s ability to enforce national security issues, terrorism threats, immigration issues and everything else, of course it came up,” Spiro said.

Adams pleaded not guilty in September to charges that he accepted illegal campaign contributions from foreign nationals and took about $100,000 of free or deeply discounted international flights and hotel stays from people looking to buy his influence.

Prosecutors also allege he personally directed campaign staffers to solicit donations from foreign nationals, which are banned under federal law. Those contributions were disguised in order to allow Adams to qualify for a city program providing a generous, publicly funded match for small-dollar donations.

Elon Musk has called for the U.S. government to eliminate entire agencies

Breaking Legal News - POSTED: 2025/02/13 14:33

by breakinglegalnews.com

Elon Musk, during a video call on Thursday at the World Governments Summit in Dubai, UAE, called for the United States to “delete entire agencies” from the federal government, pushing for drastic spending cuts and a restructuring of national priorities under President Donald Trump.

Musk, who was speaking remotely, painted a broad picture of his view on the Trump administration's goals, interweaving topics of “thermonuclear warfare” and the risks posed by artificial intelligence. He criticized what he saw as the dominance of bureaucracy over democratic governance.

“I think we do need to delete entire agencies, rather than just leaving a few behind,” Musk continued. “If we don’t remove the roots of the weed, it’s easy for it to grow back.”

Although Musk has appeared at the summit before, this time his comments carried more weight, as he now holds significant control over certain government functions, especially with Trump’s endorsement, after taking charge of the Department of Government Efficiency. His role has involved sidelining long-term government officials, gaining access to sensitive data, and prompting legal debates about presidential power limits.

In his remarks, Musk also expressed an isolationist stance regarding U.S. influence in the Middle East, especially given the ongoing legacy of the U.S. wars in Afghanistan and Iraq following the September 11, 2001, terrorist attacks.

Musk emphasized that under Trump, the U.S. has become “less interested in interfering with the affairs of other countries,” suggesting that the U.S. had sometimes been overly aggressive in international affairs. Speaking to the UAE audience, Musk noted, “There are times the United States has been kind of pushy in international affairs, which may resonate with some members of the audience,” acknowledging the UAE's autocratic governance.

On domestic matters, Musk touched on the Trump administration's push to eliminate diversity, equity, and inclusion (DEI) efforts, linking it to the potential risks of AI. He joked, “If hypothetically, AI is designed for DEI, you know, diversity at all costs, it could decide that there’s too many men in power and execute them.”

Regarding AI, Musk revealed that X’s new AI chatbot, Grok 3, would be ready in about two weeks, calling it “kind of scary.” He also criticized Sam Altman’s leadership at OpenAI, comparing it to a nonprofit dedicated to saving the Amazon rainforest that becomes a lumber company. Musk recently made a $97.4 billion bid to take over OpenAI, and a court filing on his behalf stated that he would withdraw the offer if OpenAI proceeds with its plan to become a for-profit entity.

Musk also shared plans for a new “Dubai Loop” project as part of his work with the Boring Company, which has been digging tunnels in Las Vegas to accelerate transit. According to a later statement from Dubai’s crown prince, Sheikh Hamdan bin Mohammed Al Maktoum, Dubai and the Boring Company would explore the development of a 17-kilometer (10.5-mile) underground network with 11 stations capable of transporting over 20,000 passengers per hour. No financial terms were disclosed.

Hawaii court rules against insurance companies in Maui wildfire

Insurance - POSTED: 2025/02/11 14:28

by breakinglegalnews.com

Hawaii’s Supreme Court recently made a significant ruling that allows a $4 billion settlement regarding the catastrophic 2023 Maui wildfire to move forward.

This settlement, which involves thousands of lawsuits and various defendants, had been in jeopardy due to the insurance companies seeking the right to pursue their own legal actions against those blamed for the fire, including Hawaiian Electric Company. The court ruled that state laws limiting health care insurance reimbursement also apply to casualty and property insurance, preventing insurers from filing independent claims.

The wildfire, the deadliest in the U.S. in over a century, destroyed much of Lahaina, Hawaii, causing over $5.5 billion in damages and claiming more than 100 lives. The settlement, announced last summer, was initially threatened by the insurers’ demands, but the court’s decision helps clear a crucial hurdle for the victims’ attorneys who feared prolonged litigation and less money available for victims.

Attorneys representing the individual plaintiffs agreed to the deal amid fears that main defendant Hawaiian Electric, the power company blamed for sparking the blaze, could be on the brink of bankruptcy. Other defendants include the state, Maui County and Kamehameha Schools, the largest private landowner in Hawaii.

As of now, the settlement includes seven defendants, including Hawaiian Electric, Maui County, the state of Hawaii, and Kamehameha Schools. While the $4 billion figure is seen as insufficient to fully compensate victims for their losses, it is considered the best option given the financial limitations of the main defendant, Hawaiian Electric. The next steps will be determined by a Maui judge, and this ruling is seen as a significant move toward recovery and healing for the affected communities.

Vance and Musk challenge court authority amid Trump's legal pushback

Legal Spotlight - POSTED: 2025/02/10 14:17

by breakinglegalnews.com

In a bold move, top officials within the Trump administration are openly challenging the judiciary’s role in overseeing executive power. In the last 24 hours, prominent figures like Elon Musk and Vice President JD Vance have not only criticized a judge’s recent decision to block Musk’s team from accessing Treasury records, but have also questioned the legitimacy of judicial checks and balances.

Vance took to social media, comparing judicial interference with executive power to a hypothetical situation where a judge would dictate military or prosecutorial decisions. Musk, meanwhile, echoed Vance’s sentiments, calling for the impeachment of the judge involved and even shared a controversial post suggesting the administration might defy the court order altogether.

The case centers around Musk’s efforts to uncover government waste through the Department of Government Efficiency. However, the court temporarily halted his team’s access to sensitive Treasury Department data, citing potential legal violations. The ruling is a setback to the administration’s broader goal of dismantling government agencies and reducing the federal workforce.

White House Deputy Chief of Staff Stephen Miller added fuel to the fire, calling the ruling an “assault on democracy” while decrying the influence of unelected bureaucrats within the government.

This legal pushback comes amid growing resistance to Trump’s sweeping agenda, including efforts to stop mass buyouts and federal leave mandates. With a February 14 hearing looming, the administration faces a tough road ahead as it battles to implement its ambitious reforms.

In the meantime, critics, including Democratic attorneys general, warn that Musk’s access to sensitive financial systems could undermine public trust and legal boundaries. The dispute is far from over, and the future of the administration’s plans rests on the outcome of this heated legal fight.

As Trump oversteps the boundaries of presidential authority, the court pushes back

Political and Legal - POSTED: 2025/02/09 15:02

by breakinglegalnews.com

President Donald Trump's recent actions to assert extensive presidential power during his term have raised questions about potential judicial checks, with several policies likely to reach the U.S. Supreme Court.

Legal scholars note that Trump's efforts, including attempts to restrict birthright citizenship, curtail funding, and disband federal agencies, represent a significant stretch of executive authority.

Trump's administration has initiated dozens of lawsuits that could challenge these decisions, emphasizing the role of the judiciary in upholding constitutional boundaries between executive and legislative powers.

The Supreme Court, with a conservative majority, has previously favored Trump, supporting his broad claims of presidential immunity and other key rulings. However, scholars predict mixed outcomes for Trump's policies, believing some, like birthright citizenship restrictions, may be invalidated due to constitutional protections.

As Trump faces numerous lawsuits, including from FBI agents and families concerned about transgender youth healthcare, the judiciary becomes the key check on presidential power, especially as Congress, controlled by Republicans, has largely avoided challenging his unilateral actions.

With lawmakers aligning with his demands to cut spending and remove government watchdogs, the courts remain the last line of defense against presidential overreach.

The court's position as a potential check on executive power remains uncertain amid the ongoing legal battles.

Trump signs order imposing sanctions on International Criminal Court

International - POSTED: 2025/02/08 22:55

by breakinglegalnews.com

The order says the U.S. will impose “tangible and significant consequences” on those responsible for the ICC’s “transgressions.” Actions may include blocking property and assets and not allowing ICC officials, employees and relatives to enter the United States.

Human rights activists said sanctioning court officials would have a chilling effect and run counter to U.S. interests in other conflict zones where the court is investigating.

“Victims of human rights abuses around the world turn to the International Criminal Court when they have nowhere else to go, and President Trump’s executive order will make it harder for them to find justice,” said Charlie Hogle, staff attorney with American Civil Liberties Union’s National Security Project. “The order also raises serious First Amendment concerns because it puts people in the United States at risk of harsh penalties for helping the court identify and investigate atrocities committed anywhere, by anyone.”

Hogle said the order “is an attack on both accountability and free speech.”

Driving that turnaround was Sen. Lindsey Graham, R-S.C., who organized meetings in Washington, New York and Europe between Khan and GOP lawmakers who have been among the court’s fiercest critics.

Now, Graham says he feels betrayed by Khan — and is vowing to crush the court as well as the economy of any country that tries to enforce the arrest warrant against Netanyahu.

The executive order signed by President Trump imposes sanctions on the International Criminal Court (ICC) in response to its investigations involving Israel, specifically regarding an arrest warrant for Israeli Prime Minister Benjamin Netanyahu for alleged war crimes.

The sanctions are aimed at ICC officials, including their families, and include actions such as blocking assets and barring entry into the United States. This move is in line with the U.S.'s longstanding opposition to the ICC, given that neither the U.S. nor Israel recognizes its authority. Critics, however, argue that the sanctions undermine efforts to hold individuals accountable for human rights abuses worldwide and may inhibit justice for victims of atrocities.

What you can find at WebPromo - Korean Community Blog Website

Business - POSTED: 2025/02/08 13:07

Find a variety of information and useful content from blogs in all 50 states of the United States. WebPromo started with the idea of creating a Korean portal website where Koreans living in the United States can easily find the information they need!

There are several Korean community sites in the United States, but it was difficult to find a Korean portal that covered all regions of the United States.

Based on the Korean blog community and business service platform in the United States, we are creating a community where we can share abundant information and communicate together.

What you can find on WebPromo!

Korean business information easily found anywhere in the country
Search for various useful information for daily life
Purchase convenient services and products

Extensive database: Search various Korean businesses across the United States in one place. User-friendly interface: Quickly find the business you want with the easy search function.

Powerful promotional effect: Effectively promote your business with Google search
Secure competitive edge: Stay one step ahead of others with the latest information and various functions

Easily find reliable Korean businesses near your residence through Smart Business Directory.

Now, you can find not only Korean business information but also useful daily life information all at once on WebPromo. WebPromo will grow together, help each other, and enrich your life in the United States. Please use it a lot!

Share information from all regions of the United States with us!

Brawl erupts in NM courtroom after trio rushes homicide suspect

Court Watch - POSTED: 2025/02/07 14:46

by breakinglegalnews.com

A hearing in a New Mexico courtroom devolved into chaos when three people rushed the defendant in a homicide case, setting off a brawl with flying fists and kicks.

Courtroom video cameras recorded the Jan. 31 melee, which subsided as a law enforcement officer drew a stun gun and protected the defendant from further attack.

Felony charges were filed against two men: battery and assault on a public official.

A woman was also arrested on the same charges, Albuquerque TV station KRQE reported Thursday. The courtroom video showed her hitting the defendant and an officer with a chair.

The presence of corrections officers and other security details in courtrooms does not always keep the peace. Last year a defendant in a felony battery case in Nevada flung himself over a judge’s bench and grabbed her hair, sparking a bloody brawl with court officials.

Katina Watson, court executive officer at New Mexico’s Second Judicial District, told KRQE that “these are the types of things that we see regularly.”

She praised an officer for reacting to ensure safety, without mention of potential security enhancements.

General Historical Trends

Consistently Above National Averages
- New Mexico has historically experienced higher-than-average crime rates compared to many other U.S. states. This has been true for both property crimes (like burglary and vehicle theft) and violent crimes (like aggravated assault and homicide).
1990s
- Across the United States, including New Mexico, violent crime rates were relatively high in the early 1990s. New Mexico followed the national trend of a steady decline in violent crime through the mid-to-late 1990s.
- Property crime also began to decrease nationally during this time, although in some parts of New Mexico, it remained elevated compared to the U.S. average.
2000s
- Through the early 2000s, national crime rates continued a general downward trend. New Mexico’s crime rates mirrored that pattern to some extent, but the state consistently reported higher rates than the national average.
- Metropolitan areas—especially Albuquerque—tended to account for a sizable portion of reported offenses, including both violent crime and property crime.
Late 2000s to Early 2010s
- The national decline in crime continued in many states, though New Mexico had periods where certain offenses, particularly property crimes (like auto theft), rose.
- Violent crime rates in New Mexico also fluctuated. Some years saw moderate declines, but the overall rate stayed somewhat higher than the national level.
Mid-2010s
- Reports showed an uptick in violent crime in several parts of the country, including New Mexico. Cities such as Albuquerque saw increases in both violent incidents and property crimes.
- Factors contributing to local crime trends can include economic changes, fluctuations in drug activity, and broader social issues.
Late 2010s
- New Mexico began implementing various crime-prevention initiatives and criminal justice reforms to address consistently high rates.
- While certain categories of crime showed improvement, others—especially property crimes—remained challenges in specific regions.

Factors Influencing Crime in New Mexico

Socioeconomic Conditions: Poverty and unemployment can correlate with higher crime rates. Rural areas in New Mexico also face unique challenges, such as limited access to mental health and addiction resources.
Substance Abuse and Drug Trafficking: Drug-related offenses and activities tied to opioid or methamphetamine use have significantly impacted crime trends.
Policing and Criminal Justice Policies: Changes in law enforcement practices, sentencing guidelines, and community policing can all influence crime rates over time.
Population Density and Urban Centers: Higher crime rates typically cluster in urban areas. Albuquerque, the state’s largest city, often reports a significant share of New Mexico’s overall crime statistics.

Key Takeaways

Longstanding High Rates: New Mexico has commonly ranked above the national average in both violent and property crime for decades.
Variable Trends: Although the overall U.S. crime rate declined significantly from the 1990s through the mid-2010s, New Mexico’s rates have fluctuated, sometimes mirroring national trends and sometimes diverging.
Concentrated Hotspots: Urban centers, especially Albuquerque, account for a sizable portion of reported crimes in the state.
Complex Influences: Economic conditions, substance abuse, and changes in policing policies all play important roles in shaping crime rates.

Opposition protests alleged mistreatment of Indian deportees by US

International - POSTED: 2025/02/06 14:53

by breakinglegalnews.com

The deportation of 104 Indian migrants from the U.S. has sparked significant controversy, leading to disruptions in India’s Parliament. The migrants were reportedly shackled during their flight, which prompted strong protests from opposition lawmakers. They described the conditions as degrading, with some of the deportees struggling to use the washroom due to the restraints.

The use of a U.S. military plane for the deportation marked a shift in procedure, as the Trump administration had previously relied on commercial and chartered flights for such actions. This new method of using military planes drew attention due to the reports of the shackling, particularly because it involved long periods of restraint.

Indian lawmakers, including Congress leader Rahul Gandhi, called the treatment inhumane, displaying placards and chanting slogans in Parliament. They demanded an explanation from the Indian government and called for dignity and humane treatment for the deportees. Gandhi posted on social media, emphasizing that Indians deserved better than handcuffs.

In response, India's External Affairs Minister, Subrahmanyam Jaishankar, stated that the U.S. regulations on restraints had been in place since 2012. He clarified that women and children were not restrained and that the procedures used during the flight were consistent with past practices. Jaishankar also highlighted that India’s focus should be on addressing the issue of illegal migration, which has led to an uptick in arrests along the U.S.-Canada border, particularly among migrants from Punjab and Gujarat.

Despite the protests, the Indian government has maintained that while it opposes illegal immigration, it does not object to the deportations. The controversy continues, particularly with Prime Minister Modi’s upcoming visit to Washington, where discussions on immigration are expected to continue.

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