And we are very well aware of the fact that we need to keep those open spaces that we have.

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We are very much aware -- very well aware of the fact -- both of us, I think -- that we are in a tough competition with the emerging economies.

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And I am well aware of the fact that there is always a chance the stock market will decide that none of the negative headlines matter and just resume marching merrily higher.

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We need to be well-aware of the fact that equating winning with morality leaves a lot of moral failure unchallenged and unremarked.

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