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Business Process Outsourcing is one of the biggest trend nowadays. The companies that employ the services of a recruitment process outsourcing provider do not take the step lightly To check whether or not they need to turn over the responsibility of hiring new associates to a third recruitment staff. The need to concentrate on their core business, reduce overhead cost, lack of skills in hiring qualified personnel and no qualified internal staff to do the hiring process, this are the reasons that the business usually come up with during their assessments.
By certain companies, particularly those who have urgent staffing needs, the recruitment process outsourcing is slowly adopted. To do the hiring process for them they employ the services of a third-party. In a professional manner, they give their hiring control to outside personnel with the knowledge and expectations that the hiring process is done. This is will yield a good results by being able to hire a qualified and skilled staff. Though, the process is not just about filling a company’s staffing needs, it is also about screening applicants in order to hire only the best and qualified personnel for the job.
With a highly qualified hiring personnel, many of these process outsourcing providers came from the Philippines. The country produces a large number of graduates every year, this provides a rich resource of young and skilled professionals. In the Information Technology industry as well as the knowledge industry, many of the graduates are qualified to do work. The professionals offer a lower fees than the counter parts but this is still the same or even a better quality of work that gives the companies a cost-savings.
It has fueled the country’s outsourcing industry because of the growing outsourcing trend for the Information Technology and knowledge around the world. In the Philippines, the increase in demand for qualified personnel has also given the recruitment process outsourcing providers, the chance to prove that they are competent to provide a business solutions to any part of the globe. The biggest help in businesses is the outsourcing so that people use it as a technique to manage and develop business.
REFERENCE:
http://www.outsource2ph.com/page/3/
http://www.recruitmentprocessoutsourcing.ws/
http://www.recruitmentprocessoutsourcing.ws/?p=70
http://www.ceridian.com/recruiting_nav/1,6267,15624,00.html
http://www.hr.com/en/webcasts_events/virtual_events/upcoming_virtual_events/recruitment-process-outsourcing-virtual-workshops_ginh8nf3.html
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In the Dumaguete City, the Business Process Outsourcing industry was urging a new graduates who has a potential Business Process Outsourcing to work in the local companies. From the Negros Oriental provincial capital, the lure of working in big cities is known as a university town where noted Siliman University is located. This cause a concern among the local Business Process Outsourcing companies seeing a drop in the number of local applicants.
To inform the students about the perks of working for local outfits, the Business Process Outsourcing companies have banded together in conducting a roadshow. They want to let them know, while the salary rates in Manila or Cebu will look attractive then working over here and staying put is still the better alternative. This is base to a knowledge process outsourcing and customer interaction service provider that is based in Bacon Town, Suzanne Lu-Bascara of SPI Global. From the Business Process Outsourcing, the group0 of a human resource representatives has met to compute the expenses incurred by a Business Process Outsourcing entry level in Dumaguete competing to those in Manila that is based on actual basic salary rates.
If you are in Manila an entry level of a Business Process Outsourcing only gets to save a 20 percent to 25 percent of the salary because of the foods and transportation then when you are in Manila with all the clubs and things to buy, your 25 percent becomes negative. If you have a credit card, theres a chance that you will see yourself maxing it out. Many employees who have left their jobs to work in Manila have returned with the horror stories. They experienced being robbed and stayed in a squalid conditions. Then they will realize that coming home is better alternative.
The acceptance rate in the province as very low from a 50 percent acceptance rate out of a hundred applicants some two years ago to the current lower than 10 percent. The industry’s attrition rate four years ago, it is now fast approaching 10 percent. The Business Process Outsourcing in the province launched a campaign to attract more applicants as estimated that it will be needing some full time employees.
There is a need for the industry to work with a local schools and a local government units in the province to help fill up the industry’s employment needs by the yearend, this is stated by Fortunato. They want to get workers locally without having to look outside the province. Followed by the Business Process Outsourcing, the group is schedules to meet with the department heads and councilors from the LGUs to discuss the concerns.
Outsourcing helps the industry and economy. People can earn lots of money but if people did not use it wisely it will ended by nothing. It has lots of benefits and lots of things that businesses can grab. In outsourcing there will be lots of of opportunities that people can have or grab. Opportunities that some do not have. People should know the advantage and importance of outsourcing.
REFERENCE:
http://www.mb.com.ph/articles/300398/advantages-working-local-outsourcing-firms-cited
http://www.philippinetalks.com/advantages-in-working-for-local-outsourcing-firms-cited/
http://www.mb.com.ph/node/300398/advantage
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The Business Process Outsourcing or BPO companies addresses the annual loss of an estimated 84,800 workers from the resignation. It faces a massive shortage of workers five years from now. The president of Business Process Outsourcing firm of SPI Global Solutions Corp. said at the public forum that they need to do that or else the industry will be short of 400,000 workers by 2016. To attain the lower end of the target, it would take a zero investment on the part of the government. The companies need to take three steps to address the situation such as creating value for clients instead of cutting costs, focusing on people in the company and fostering entrepreneurship.
The SPI Global Solutions president, Maulik Parekh addresses the Asia CEO Forum at the Tower Club in Makati City. The Philippines is growing faster globally in the Business Process Outsourcing services, however it should address the talent crunch that afflicts the sector in many countries.
From the cost cutting strategies it happened that the shift developed countries clients companies even before the 2008 financial crisis and it has been a predominant phenomenon. The crisis probably accelerated that thing. The clients of Business Process Outsourcing may have also influenced the strategy to create value.
The SPI Global is owned subsidiary of ePLDT Inc. The ultimate parent is listed Philippine Long Distance Telephone or PLDT Co. Base on the report, the latest report to the securities and exchange commission SPiGlobal’s cash in bank was only P12,500 as a December 31, 2009, the company aims to post a 14 percent to 15 percent growth this year. In Dumaguete City, the company has recently added 9680 seats in their facility which opened in 2009 of October with 548 seats. To increase 1, 800 seats is there goal, they are the city’s largest employer. They also plan to grow in Iloilo City, wherein they started the operations in 2005 of March.
Through the exists, ever since work specialization, it is rather than manufacturing screws and bolts. The company might outsource their production to some of the other company that specializes in making a screws and bolts. The outside companies or firms is providing an outsourcing services are referred as a third-party providers.
The outsourcing became the hottest trend nowadays, this is because of the things that it gives in people or in businesses. Information Technology has a big impact in the society and also the Business Process Outsourcing. Everyone can outsource but of course everything should be plan first. You should plan first before you act, so that things will be properly done. Outsourcing has lots of benefits including that outsourcing is a cost savings, it also focus on core business, you can improve your skills, it has a capacity management, it is also a operational expertise, it reduce time to market, the outsourcing has a tax benefits also that the countries offer tax incentives to move a manufacturing operations to counter a high corporate taxes within another country. Outsourcing is something that has a really great way because of it helps to improve things and it find solution in everything.
REFERENCE:
http://www.businessmirror.com.ph/home/top-news/6393-talent-crunch-still-biggest-risk-to-robust-bpo-growth
http://www.abs-cbnnews.com/business/01/19/11/talent-crunch-still-biggest-risk-robust-bpo-growth
http://www.linkedin.com/groups/Talent-crunch-still-biggest-risk-1780674.S.40886072
http://businessmirror.com.ph/home/top-news/6393-talent-crunch-still-biggest-risk-to-robust-bpo-growth
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The current trend in the business world in the past few years is the outsourcing. The companies worldwide are looking to cut costs by outsourcing some of their non-core business functions. Most of the companies have been doing business in the Philippines. There are still prospered those who have not succeeded with their goals. Get the services of an outsourcing consulting firm before finalizing any decisions in considering an outsourcing partner for the business in the Philippines.
It is usually fast and hassle-free in speaking to the service of an outsourcing consulting firm when you get the right advice from a professional consultant. The process of setting up of outsourcing business in the country in employing the services of an outsourcing consultant helps to speed up it. This is to make informed decisions on whether or not you will continue to put up an outsourcing business in the country, this is to save you the hassle of going through the bureaucracy in the country’s business and government cultures.
In determining what people need to legally operate business in the country, the outsourcing consulting firm will help. The services can include the registration of the company to the appropriate government agency. The outsourcing consulting firm helps people to determine the right financial aspects to help the outsourcing business grow such as tax incentives for foreign business owners. Providing business solutions is one of the services such as the office space, creating employee contracts that are in accordance with the Philippine tax and labor codes. The recruitment of experienced personnel.
The Philippines is a rich source of a highly skilled personnel for young outsourcing needs, this will not be in short supply of a qualified employees to run a business. The country has a large reserve of a qualified personnel to perform of any jobs in the outsourcing industry. The outsourcing makes the thing to be possible. This is the best technique that our company encountered. The outsourcing is the very helpful to all.
REFERENCE:
ttp://www.outsource2ph.com/page/3/
http://www.kittelsoncarpo.com/outsourcing-consulting-philippines
http://outsourcing.ph/?p=1
http://tripleiconsulting.com.ph/main/services/philippines-business-consulting
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A recent study by Everest Research Institute showed, the Philippines would soon overtake India as the call center capital of the world. This year the Philippines’ call center revenues are expected to reach $5.7 billion or $200 million higher compared to India’s $5.5 billion. The BPO revenues are forecast to hit $9.5 billion, playing catch-up to India’s $12.4 billion. According to the Business Process Association of the Philippines or BPAP, they said that beating India in the call center business was not far-fetched as more companies based there start moving their operations in the Philippines. More clients is going in the Philippines now.
To several factors, the shift to the Philippines is attributed, the country’s workforce has better English-speaking skills. With the American culture, the Philippines’ telecommunications network is superior to that of India, higher incentives for companies setting up business in the Philippines and Filipinos affinity with the American culture.
In the younger Industry, in terms of scale, the India’s sheer size far outweighs the Philippines. It has began exploring the Business Process Outsourcing industry ten years ahead of the Philippines. Given the total population of 92 million and 1 billion, the Philippines’ workforce is no match to India, this is stated in a previous interview with Business Processing Association of the Philippines.
In the Low-margin entry point, the menu among of services is currently offered by outsourcing and offshoring firms. The voice-based or the traditional call center sector has one of the lowest profit margins. The Indian could be the best realized in the non-voice sectors such as financial, legal, medical engineering and editorial services. To have the low-end call center services in the Philippines is the several permutations of the Business Process Outsourcing business model, which has a cultural affinity with the mostly American clients while the up-market technical services are based in India. For Business Process Outsourcing firms concerned about managing their business country risks the multi-country model also bodes.
The Business Processing Association of the Philippines keep ties for partnership and business exchanges and the Indian industry group National Association of Software and Service Companies or NASSCom. Most of the Business Processing Association of the Philippines or BPAP members firms still offer call center services however, considers this as simply their entry point to get a biggest slice of the clients’ to be more profitable non-voice services.
For the Employment boon, call centers may be low-end margin and low-margin. For the Philippines it meant an employment boon. The growing local Business Process Outsourcing industry Crisostomo noted that the industry should not only translate to a higher economic growth, but also more jobs. By next year, in the call center sector alone some 60,000 jobs will be up for grabs. Its revenues and workforce are targeted to reach $25 billion and 1.3 million, the Business Process Outsourcing industry has just released its latest roadmap from $9 billion and 500,000.
All countries has a chance to be beat India as a world’s call center capital. Most of the people now outsource inside and outside the country. If you think that this is hard you should think positive because things are possible when you do something for it. Outsourcing helps the world to be a better one but to be effective people should do the best thing for it.
REFERENCE:
http://www.abs-cbnnews.com/business/12/01/10/philippines-overtake-india-worlds-call-center-capital
http://globalnation.inquirer.net/news/breakingnews/view/20101206-307374/PH-overtakes-India-as-call-center-capital
http://www.dr-langguth.com/de/news/worlds-call-center-capital.html
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Based on the agreements that entered between the involved outsourcing parties, the business outsourcing industry has flourished globally and when it comes to the changes of the processes that govern the management and implementation of business practices. The changes to the business practices has led to the evolution of how each party deal with the contract that they have agreed upon. The evolution of the outsourcing industry, outsourcing agreements or contacts need to be properly evaluated in order to avoid misunderstandings that can affect business to succeed. In order for a company to continue doing the business and prosper, the complexities of outsourcing contracts call for an effective outsourcing management. It is strictly observed that the outsourcing management will not be properly implemented without the qualified individuals who make sure that the agreements are strictly observed. In the outsourcing industry, the individuals usually have vast experiences. This is because they already have the basic if not intricate knowledge about the ins and outs of the industry.
Most of the people their are highly skilled and adept at implementing the standards in the business. In order to achieve the desired results, they have a good people skills that helps them guide all the parties involved to focus on their tasks. In the effective implementation of proper outsourcing management strategies, the success of any outsourcing contract lies. It is always possible that without the guidance of a proper outsourcing management practice, agreement infringements between the outsourcing parties that always be possible.
The implementation of a proper outsourcing managements can depend from the business to business. There are still common features such as the outline of the communication plans between the parties, decision-making plans and the authorized persons involved. The different organizations have different processes in dealing with the decision-making processes and relationships. Adding to the complexities are the language, cultural, and time zone barriers among the others, this is with the current trend in outsourcing. The proper management should be used in order to achieve effective communication between the outsourcing provider and the recipient of the outsourced services.
In the outsourcing industry you will notice that there are many benefits, it helps the company to be more strong and it also the one that people to earn money. Outsourcing is very helpful in processing and managing the business.
REFERENCE:
http://www.jeteye.com/jetpak/afae635f-4b94-422c-a093-45c9f01f49dd/
http://www.outsource2ph.com/page/3/
http://www.anotherway.org/2011/10/what-makes-for-effective-outsourcing/
http://www.jeteye.com/jetpak/afae635f-4b94-422c-a093-45c9f01f49dd/
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The world’s leader in business support functions is the Philippines now such as shares services and business process outsourcing after effectively overtaking India in the categories. This is according to IBM’s Latest Global Locations Trend Annual Report released recently in New York. In October, the 20 page report was launched, however it was only made available online. It is said that the first time that India was not in the leading position for the activities, the India ranks as number 2.
In the global ranking from India, the Philippines has taken over the lead after having challenged the top position for several years. The Philippines offered a similarly attractive business environment for the international business support function as India. In recent years, IT has not had the same labor cost increases as have occurred in different Indian hot spots.
In July 2010, the international Labor Organization in its report titled, Offshoring and Working Conditions in Remote Work released in Geneva. The Business Process Outsourcing industry may be broadly divided into voice services including call/;contact centers and back office services like Finance and accounting, data processing and management and also the human resource development. In the Philippines, call centers make up 70 percent of the Business Process Outsourcing industry. Trailing India were the United States, China, Poland, United Kingdom, Costa Rica, Colombia, Ireland, Fiji, South Africa, Hungary, Egypt, Australia, France, Canada, Netherlands and Singapore.
The another Asian country that has succeeded in positioning itself as an alternative to India is Sri Lanka. South Africa and Egypt confirmed their increased attractiveness for services investment. In different other countries that have emerged as a new preferred destinations, especially in Latin America where Costa Rica and Colombia was now both among the world’s Top 10 recipient countries. The China continuing ascent as a service destination and a confirmed. It should not be considered anymore merely the world’s factory.
Due to one single large services center, Fiji is remarkably highly ranked. The IBM Global Business Services presents an annual report analyzing the latest global trends in location selection. By the PLI-Global Location Strategies, they prepared the reports. This is a division of IBM Global Business Services that advises clients where to establish and operate their business functions around the world. It also helps the economic development organizations with their strategies to attract and retain business and to improve also their business environment.
The economic changes and the implications for the global economic landscape and the investment attraction and retention efforts of cities, countries and regions, this is outlined by the Global Location Trends. The changes in corporate location strategies manifested themselves in more nuanced ways for a various types of business functions. In 2009, investment in services activities with more than 115,000 jobs created globally in the functions compared with just over 100,000 in 2008. A central feature of the corporate restructuring currently taking place is the move toward greater use of the Shared Service Central Model for a wider range of activities including higher value-added activities such as the Human Resources and decision support functions. ‘
There is no impossible when you outsourced because it gives you s a chance to have a big opportunity wherein this is something that will help people to become success and at the same time the business a best development and performance that will meet clients requirements.
REFERENCE:
http://nearshoreamericas.com/philippines-world-bpo-leader-india-ibm/
http://www.philstar.com/Article.aspx?articleId=635229&publicationSubCategoryId=66
http://www.hubportgroup.com/portal/NewsArticles/ITandOutsourcingNews/PhilippineBPOsofUSbasedfirmsmaybetaxedtwi/tabid/159/Default.aspx
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The Aquino administration continually promote the country as the world’s premiere hub for call center operation, this is urged by the Contact Center Association of the Philippines or CCAP. The President of CCAP Benedict Hernandez said that the Philippines has already overtaken India in terms of a number of call center employees. He stated that when people think of the contact center environment, they have assumed the number 1 position. They were about 300,000 in terms of an employed Filipino working in call centers in the Philippines compared to only 330,000 in India.
The Philippines is the best place to put a call center from a quality position. The Philippines has also overtaken India as the worlds number 1 country for shared services and business process outsourcing or BPO. This year, the Philippines call center revenues are expected to reach $5.7 billion or $200 million higher compared to India’s $5.5 billion. Business Process Outsourcing are forecast to hit $9.5 billion, playing catch-up to India’s $12.4 billion.
The country wants to be the top spot in terms of call center employees and revenues because of the quality of English-speaking employees in the Philippines. Hernandez said that they won this war not because that they are lower cost than India. They are a little bit higher priced to operate a call center compared to India. They won the war not because they are lower cost in India. They are a little bit higher priced to operate a call center compared to India to some extent. They won this battle by virtue of a Filipino quality. They grew faster than India because of the Filipinos talent.
The CCAP corporate secretary and executive director, Jojo Uligan said that the Philippines played up its strength in the past 10 years by being a superior value destination for the US companies. The Filipinos have a better cultural affinity to Americans. Their accents are more neutral. The different leaders can take credit for the rapid growth of the business process outsourcing industry. According too Hernandez, President Fidel Ramos helped pave the way by deregulating the telecoms industry and fixing the country’s power supply problems.
Hernandez encourage fresh graduates to apply for call center jobs, the Business Process Outsourcing industry es expected to grow to 1.3 million jobs with $25 billion in revenue. The Philippines is the industry with many opportunities, it need agents, supervisors and managers. From inside and there is also training involved, the growth potential is here. People can also learn language, communication and problem solving skills, which are portable skills that can be apply anywhere.
Call centers are generally position at the bottom of the Business Process Outsourcing value chain since they provide a lower profit margins that compared to other Business Process Outsourcing offerings. Call centers are considered as the entry point for a slice of the non-voice outsourced and offshored business clients.
Outsourcing is the best way to have a solution in the problems in business and also in life. It has lots of opportunity wherein outsourcing gives a chance to the people who are lack of money. There are lots of benefits wherein businesses and people will grab for it.
REFERENCE:
http://www.stumbleupon.com/url/www.abs-cbnnews.com/nation/12/02/10/why-philippines-has-overtaken-india-worlds-call-center-capital
http://benprise.ning.com/forum/topics/why-philippines-has-overtaken
http://globalnation.inquirer.net/news/breakingnews/view/20101206-307374/PH-overtakes-India-as-call-center-capital
http://ccaponline.org/index.php?option=com_content&view=article&id=277:why-philippines-has-overtaken-india-as-worlds-call-center-capital&catid=96:industry-news&Itemid=283
http://www.abs-cbnnews.com/nation/12/02/10/why-philippines-has-overtaken-india-worlds-call-center-capital
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In every situation there is always a solution, a solution to have a best thing to do. To be globally connected in business and personal lives, the technologies in todays world has given an edge. It has given the business an opportunity to find the answers on manging expenses and cutting costs with the current global economic state. In providing the answers is to encourage the businesses. A small businesses and not-so-small businesses are referring in the current business world as an outsourcing solution providers.
Outsourcing has been in the business world long before the advent of the Internet. The businesses wants to manage their expenses and cut costs usually hire the services of outsourcing solutions providers to do the work of certain business functions. Functions that are not core to the business and any part of the business can now be outsourced to third parties. The business functions that are usually outsourced are those that require Information Technology professionals. The other functions can also included a human resources management and payroll.
It is effective when hiring the services of an outsourcing solutions provider, because it helps the company to focus on its core business. The company can focus and efficiently use its resources on the core business. The provider takes over the functions that is being contracted to it, it is an effective setup because each party can focus solely on its job. In focusing on its core business helps a company become more competitive in todays volatile market.
The Philippines is one of the top destination for companies who are outsourcing some of their business functions. The Philippines has a booming outsourcing industry. The most competitive outsourcing solutions providers with a highly ski8lled personnel assuring clients that a quality performance can be delivered. The Business Process Outsourcing is the one way to resolve the problems of a country wherein it helps to have a best development, research and more. People should know that the outsourcing is the big help not a big bad dream. Most of the companies now use outsourcing techniques so that their work will be easy and quickly.
Though there are people who do not want to outsource because they did not know the benefits that they can get here. There are a lot of benefits that people can grab. The outsourcing is very effective in all business, which the business can provide a better performance. All over the world knows that the outsourcing is the fastest growing industries in the world . It is the expert process providers to supply and regulate a segment of business process.
Outsourcing helps the people to earn lots of money, it makes thing to be possible enough to show the world that nothings is impossible. This is a great one to have a better business and company. Most of the people and company now, outsource inside and outside the company and also the country. Our company makes our client satisfy because we meet their expectation because of the help of outsourcing.
REFERENCE:
http://www.outsource2ph.com/page/4/
http://www.outsource2ph.com/outsourcing-solutions-provider-why-hiring-one-is-effective-for-business/
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The Philippines is one of the destination of outsourcing, this is the top choice for outsourcing. The Philippines has a large pool of a qualified graduates that can fill the needs of overseas companies that can outsource the parts of the operations. The Filipinos also boast of a good working habits. This has made the country known for its highly qualified workforce with low-cost salaries. The factors to have the helped of the country earns a reputation as one of the top destination for the companies that is looking for service providers int he business process outsourcing industry. This is usually referred to as the Business Process Outsourcing industry.
It can provide a services to most of outsources operations with the country’s increasing annual graduates which can include but not limited to a call centers, information technology and medical transcriptions. The Business Process Outsourcing industry in the PHilippines continues to expand and become more competitive with the other countries such as Mexico, India and China. The companies that opt the Philippines as their Business Process Outsourcing provider have reached their savings goals this is without the sacrificing of the quality of their products or services. Most of the services that comes from the Philippines have either remained or develop the quality of the products and services and the company.,
A number of companies have also joined the race to become part of the Business Process Outsourcing industry, many of the companies boast increases in cost savings. Most of the company also have chosen or have considered the Philippines as their destination over other countries. Outsourcing in the Philippines seen the long term benefits. Besides, the offering lower salaries than other also have the opportunity to become more flexible in order to respond well to any of the changes in the business industry.
A flexibility can be the result of making fixed costs variable by not investing in costly assets because of the outsourcing providers owns the assets such as the software infrastructure in the information technology side of the businesses. In choosing an outsourcing provider from the Philippines, helped the companies to develop their support operations, this is which has given them the opportunity to focus and to have progress in the core business. Companies that was also assured that the services came from a highly qualified personnel. The outsourcing has a big impact in the economy and industry so that our company outsourced inside and outside the company
REFERENCE:
http://www.outsource2ph.com/philippine-bpo-industry-top-choice-for-outsourcing-business-operations/
http://www.outsource2ph.com/page/4/
http://bpo.box.com.ph/
http://en.wikipedia.org/wiki/Business_process_outsourcing_in_the_Philippines
http://www.google.com.ph/url?sa=t&rct=j&q=philippine%20bpo%20industry%3A%20top%20choice%20for%20outsourcing%20business%20operations&source=web&cd=7&ved=0CE8QFjAG&url=http%3A%2F%2Fdoingbusinessinthephilippines.com%2Fbpo-industry%2Fphilippines-bpo-industry-experts-forecast-clear-skies-ahead%2F&ei=mV6zTtzeOK3SiALZheBb&usg=AFQjCNFtLmxg_jaucResHilFzszedAJR5Q
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