Putin risks fresh row with Trump after pledging ‘uninterrupted fuel’ to India

Vladimir Putin is risking a fresh row with Donald Trump at a crucial time in diplomacy after saying Russia is ready to provide “uninterrupted shipments” of fuel to India.

His provocative comments came during a visit to Delhi, where he signed cooperation agreements with prime minister Narendra Modi on Friday.

A joint statement from the two leaders after the meeting said their ties were “resilient to external pressure”.

Modi is positioning India closer to Russia despite growing pressure from Trump to stop buying Moscow’s oil.

The US hit India with a 25 per cent tariff over purchases of Russian energy as it tries to put pressure on Moscow to end its war in Ukraine.

Kremlin aide Yuri Ushakov nonetheless assured on Friday that Russia and the United States were making progress in peace talks, adding that Moscow was ready to continue working with the current US team.

The US president has adopted racist conspiracy theories in his extraordinary attack on Europe

It’s official. The US government believes that Europe faces “civilization erasure” and is already indulging in the “censorship of free speech and the suppression of opposition”.

This is not the latest social media post from a crank in the White House. This is the assessment of its finest minds who have just produced the 2025 National Security Strategy. This is the written version of how all in the White House must see the world and the means by which they intend to get the rest of us to view the planet.

“Over the long term, it is more than plausible that within a few decades at the latest, certain Nato members will become majority non-European,” it says.

This is rubbish. There is no mainstream population analysis that shows that any European nation will ever become a majority “non-European”.

The Trump administration is getting its demographic guidance on Europe from the so-called Great Replacement Theory – a term coined by French conspiracy theorist Renaud Camus, in which he argues that a “global elite” is colluding against the white population of Europe to replace them with non-European peoples.

It has a powerful following among far-right groups, QAnon fanatics and Maga supporters. And now it is the official long-term view of America itself. A view that underpins the US relationship with the West and the Anglosphere from now on.

So concerned is the US that it is going to lean in and force a change of direction on Europe by supporting groups which align closely with American policies and undermining those which do not.

“We will oppose elite-driven, anti-democratic restrictions on core liberties in Europe, the Anglosphere, and the rest of the democratic world, especially among our allies,” the document says.

The Trump administration is fighting Europe’s Digital Services Act, which requires internet companies, mostly US-based like Meta, Apple and Google, to moderate content, remove illegal or harmful content, and regulate disinformation.

The White House has made allegations of “censorship” against European countries for their efforts to regulate companies that generate huge profits but are anxious that new regulations would be costly to police for them.

Vice-president JD Vance is likely to have held the pen in creating the new doctrine from the White House. Its contents closely reflect his startling attacks on Nato and European democracy at his first trip in office to the continent in February. He also threw his weight behind far-right groups and parties then.

“America encourages its political allies in Europe to promote this revival of spirit, and the growing influence of patriotic European parties indeed gives cause for great optimism,” the new document says.

The other influence on the document is likely to have been Vladimir Putin.

His regime has become a beacon to many on the far right and Christian evangelicals who support Trump. His unashamed claims to represent traditional white Christian values are catnip to conspiracy fans of the Great Replacement Theory.

Trump has backed Russia at every stage since returning to office. He has set his face against Europe’s support for Kyiv and for arguments that show Ukraine can eject Russian forces if it gets the support it needs.

Trump has cut all aid except for intelligence support to Ukraine while demanding enormous 50 per cent shares in future profits for the US and American companies in any future Ukrainian peace deal.

Key to Putin’s long-term strategy is to undermine Western diplomatic alliances and cohesion. Brexit was a major step in that direction – so was the re-election of Trump.

He, like Trump, seeks to amplify disinformation and doubt in Western civil society by claiming that governments, like Volodymyr Zelensky’s administration in Ukraine, are illegitimate and undemocratic. Zelensky was elected by a landslide in 2019.

The new US foreign policy blueprint for the future claims that when it comes to Ukraine, “A large European majority wants peace, yet that desire is not translated into policy, in large measure because of those governments’ subversion of democratic processes.”

Democracy has been eviscerated in America with attacks on every branch of the federal administration, the media, academia and the military. Loyalty to the Oval Office now trumps any oath to uphold the constitution as a condition of employment among officials across the US.

While that persists and Trump writes outright lies into copper-plated national policy, it is no longer possible to see America as an ally, or even a frenemy.

Ashes 2025 live score: England search for early wickets on day three

England are searching for early wickets to wrestle back control in the second Ashes Test after Australia took a first innings lead after day two at The Gabba.

In what was a gripping day in Brisbane, England mostly toiled with the ball after half centuries from Jake Weatherald, Marnus Labuschagne and Steve Smith.

The Australia skipper put on a big partnership with Cameron Green, only for Brydon Carse’s bowling and a stunning catch from Will Jacks to swing momentum once more.

Ben Stokes also removed Josh Inglis’ stumps to reduce the damage further, but Alex Carey and Michael Neser remain at the crease ahead of day three, leaving England with an uphill battle.

Follow all the latest updates, scores and analysis on day one at The Gabba below:

Royal family come together for star-studded Princess of Wales carol service

The Prince and Princess of Wales, with their children, attended the Princess’s annual “Together at Christmas” carol service at Westminster Abbey, joining 1,600 guests including celebrities, sporting stars, and community stalwarts.

The event, celebrating “love in all its forms,” filled the historic pews where the royal couple married in 2011.

Before the service, the Princess met performers, celebrities and readers, including actress Kate Winslet and singer Katie Melua.

She shared her children’s excitement with Bastille’s lead singer, Dan Smith, stating: “They’re really excited, it’s become such a tradition.”

Prince George, 12, Princess Charlotte, 10, and Prince Louis, seven, later arrived with their father, greeted by the Princess. Outside the Abbey, the family paused at a “Connection Tree,” adorned with paper chains bearing guests’ names.

The children added their names to the tree, a symbol of togetherness and the importance of moments of connection. The congregation were also able to add their names to the “Connection Tree”.

The annual and popular service recognised individuals from across the UK who may have dedicated or volunteered their time to others, led initiatives that bring people in their community together, or offered a helping hand to those around them.

Some 15 community carol services, held in places including the Coronation Street Visitor Centre, an arts centre in Newbury and a community farm in Gwent, are also set to take place across the UK with the same love and togetherness theme.

Armagh, Berkshire, Derbyshire, Dumfries, Dyfed, East Riding, Gwent, Greater Manchester, Isle of Wight, Lanarkshire, Nottinghamshire, Renfrewshire & Ayrshire, Suffolk, Wiltshire and Worcestershire are the locations for the community services which are to be hosted by lord-lieutenants and supported by The Royal Foundation.

The Westminster Abbey service is set to air on ITV1 and ITVX on Christmas Eve and will be repeated on Christmas Day.

Flights delayed and cancelled at Edinburgh Airport after IT issue

All flights were halted at Edinburgh Airport this morning due to an IT issue with air traffic control.

The airport announced all flights from the Scottish hub have now resumed, but many passengers may still face delays and cancellations throughout Friday.

According to the airport’s live departure and arrival boards, one flight from Manchester was diverted, about 12 flights were cancelled, and 20 flights were facing delays, with some by more than two hours.

Flights to London Gatwick, Bristol, Amsterdam and Frankfurt have been cancelled. Others, including flights to London and Dublin, have been delayed.

Some passengers have reported being stuck in planes on the runway on Friday morning.

Passengers said they were “gutted and stressed” when they heard their flights had been cancelled.

Morven McCall and Cody Stevenson, both 19, told Sky News they were due to travel to Amsterdam on their first holiday together. But when they arrived at the airport, there was an announcement that their flight had been cancelled.

“I was ill over the summer and had to cancel two holidays already. This was our first time going away together,” Morven said.

Another passenger said they were told the airfield was closed due to air traffic control halfway through boarding their flight.

The airport explained on social media platform X that the outage was a localised issue, and advised customers to contact their airline for information about their flight.

A spokesperson for Edinburgh Airport said: “Flights at Edinburgh Airport have now resumed following the IT issue with ANS, our air traffic control provider. We thank passengers for their patience and understanding.”

The resumption of flights comes after an earlier announcement that all flights had been halted, which read: “No flights are currently operating from Edinburgh Airport.

“Teams are working on the issue and will resolve as soon as possible. We will provide updates when possible – please contact your airline for the latest information on your flight.”

It is understood that the issue was not linked to the earlier Cloudflare outage. Visitors to a number of pages saw a “500 internet server error” warning, rather than the content they expected, on sites including X, Substack, Canva and Down Detector.

The airport is the sixth-busiest in the UK, and the busiest in Scotland. It was used by 15.8 million passengers last year.

Nats, which manages most of the UK’s airspace, said during the outage it would “work closely with the airlines impacted and support as best we can”.

A spokesperson for Air Navigation Solutions, which is responsible for air traffic control at the airport, said: “This morning, a technical issue affected one of our systems at Edinburgh Airport, and it impacted flight operations.

“Our technical capability has now been reinstated, and flights have since resumed.

“Safety is our number one priority, and our engineers worked at pace to restore system capability as quickly as possible.

“We regret the inconvenience that this is causing and thank everyone for their patience.”

It is not yet known exactly how many passengers were affected by the incident.

Perfect portraits: from groups to selfies and candid pics, expert tips

Portrait photography has come a long way from the days where everyone needed to be smiling directly into the camera, as a flash bulb popped.

And in fact, following on from an era where social media sites offered very curated, sometimes heavily filtered snapshots of our lives, more natural, candid images that really show off our personalities and experiences are now very much on trend. Think authentic photos of genuine moments where no-one is really paying attention to the camera. Instead they’re focused on enjoying what’s happening and the people they are with. For example, friends around a table enjoying a drink and a chat. Families engaged in a favourite activity. Photos that look like a glimpse into someone’s normal every day.

The best way to capture these in-the-moment shots? On a mobile: our ever-present, hand-held, do-everything device that has steadily taken over photography in the 26 years since the first camera phone appeared. Samsung’s newest device, the Galaxy S25 FE offers a wealth of photography-first features, from multiple cameras, lenses and wide angle settings, to in-built AI technology that will help you take the best possible pictures, then easily edit them afterwards. And as a photographer who runs masterclasses in mobile photography I couldn’t wait to try it out.

The phone itself is slim and lightweight, which makes it so much easier to hold steady, for clear, crisp, blur-free images, and take discreet, candid snaps.

Of course, we all have friends, family members and even pets who love performing for the camera. But for those who are a bit more reluctant to step into the frame, the Galaxy S25 FE offers a whole host of easy-to-use, fun AI features that will have even the most camera-shy feeling completely confident and ready for their close-up.

Samsung’s Drawing Assist function is a prime example and was an absolute hit with my kids, transforming our Sunday afternoon walk from a litany of moaning and dragging feet into a fun-filled adventure involving a lucky escape from the shark that apparently now lives in the park pond, and flying through the air with some giant balloons.

And all it took was a few simple, if strategically positioned snaps and some quick sketches using the Sketch to Image* function when editing the photo. This works best when you have some space in the frame around your subjects so you can easily draw what you want to add. In the shark image, for example, we needed enough water to the left of my kids for the shark to emerge from.

In the photo where the children are flying with the balloons, I needed them to be high up against the sky, and I also wanted the trees visible to add some context to the story we were trying to tell. They’re on top of the boulders, but I had to crouch down on the ground to cut out the houses in the background. By using the Generative Edit** function I was then able to replace the boulders with trees and then used Sketch to Image to draw in some balloons to make it look like they were floating away.

You don’t need to be an amazing artist for Sketch to Image to work well either, just enough line and shape for the app to recognise what you want to add into your image. The only limit here is your imagination and creativity. Involving the kids in some fun photography also meant that I got to capture some real, candid moments of them in the beautiful Autumn sunshine, with none of the usual complaints.

While playing around with reality can be fun, the Galaxy S25FE’s other AI features can also be used to make more subtle adjustments to enhance your images.

Just a few minutes of work with the Generative Edit function on a day out with a friend, helped me erase two unwanted photobombers from a photo (in which she perfectly co-ordinated with the graffitied heart wall in Borough Market). While removing some distracting weedkiller from the table where my cat was basking in the sunshine ensured the perfect pic where I can really appreciate him in all his fluffy glory.

Aside from fun and helpful editing functions, the phone’s AI technology is also running in the background to give your photos a boost, whatever and whenever you are capturing them.

This is great when you’re shooting challenging lighting conditions, for example at night. Dark, grainy and blurred photos are a thing of the past, with Samsung’s Nightography feature. Tapping the yellow moon icon that appears in dim lighting will enable this clever function which captures multiple images and then uses AI to blend them together to create one sharper, brighter image.

This can take a few seconds, so you’ll need to keep very still when using this feature – if you can, brace your arms on a table and hold the phone with two hands to keep the camera as steady as possible. It also helps if your subject is still, so this is more for capturing adults and older kids than snapping a restless pet or fast-moving child.

For these trickier subjects, from youngsters to four-legged friends, the excellent autofocus on the device makes for pin-sharp portraits rendered in high definition. And if you couple that with the outstanding Samsung colour profile you get beautifully saturated, nicely contrasted images which really pop. All the colours are beautifully rendered and all skin tones (and fur tones) are true to life. No filters are needed here.

And this is not just true of portraits you take of other people. The 12 MP camera lens on the front of the phone makes for gorgeously rendered, high resolution selfies with a variety of crop options, so you can find the perfect angle or image composition.

Taking a selfie at a 1:1 square crop, as well as the standard 3:4 crop option means you can easily include a friend or family member in your photo. And there’s a lovely little feature where you can get the lens to zoom out a little by tapping the ‘two person’ icon to provide a little extra space.

The 9:16 crop option means you can opt for a more flattering, longer and thinner photo while the full frame cop allows you a more zoomed-in selfie.

And if you want to take your selfies to another level, the option to add a little skin toning and smoothing effect and iron out any wrinkles (or in my case remove evidence of a sleepless night) is one of the additional features that makes the selfie camera stand out!

The excellent battery life means you don’t need to worry about it lasting, even after a few hours of photo fun. And when your battery does run down, lightning fast charging will see you back at 60 per cent in just 30 minutes, so you don’t have to wait long until you are good to go again.

Overall, whether it is taking vibrant portraits of yourself or capturing creative, candid images of the people (and pets) in your lives, making memories you’ll want to share is easy and fun with the Galaxy S25 FE.

Kirsty Hamilton is a portrait photographer – find out more at her website and on Instagram.

To find out more about the Samsung Galaxy S25 FE visit Samsung

*Samsung account login and network connection may be required for certain AI features.

**Samsung account login is required. Requires network connection.

Labour’s child poverty strategy is a great step forward for social justice

Sir Keir Starmer is right to make a big show of the government’s decision to restore the child element of universal credit to families with more than two children. He and the rest of the Labour Party are right to be proud of the reduction in child poverty that will follow.

The decision was announced in the Budget last week. The wider child poverty strategy was unveiled on Friday. Bridget Phillipson, the education secretary who led the formulation of the strategy, will make a statement in parliament next week. This is a decision that the Labour government wants people to notice, and an argument in which it wants to engage.

There is an argument to be had. Opinion polls suggest that the two-child benefit limit, introduced by George Osborne as chancellor and applying to children born since April 2017, is popular. In the abstract, people should not have children if they cannot afford to provide for them.

But in reality, there are all kinds of reasons why larger families fall on hard times: relationships break down; illness or death strikes; jobs are lost. And it is worth making the point, as the prime minister does repeatedly, that three-quarters of children in poverty are in working families.

The decisive argument, in The Independent’s view, is that children should not suffer for the decisions of their parents. No one asks to be born, and however much the general public might disapprove of irresponsible parenting, it is wrong to punish the child.

We should be pleased, therefore, that the collective resources of society are being deployed to improve the quality of life and the life chances of around half a million children.

The government’s anti-poverty strategy does not consist of lifting the two-child limit alone, which is also welcome. The government calculates that 450,000 children will be raised above the poverty line by the abolition of the two-child cap on universal credit and other benefits – at a cost of £3.5bn – and that a further 100,000 will be taken out of poverty by the expansion of free school meals, help with energy bills and subsidised childcare.

We have some sympathy with the views of David Blunkett, the former home secretary, who argued that instead of lifting the two-child limit altogether, it might be lifted for the third child and that some of the money be diverted to reviving New Labour’s Sure Start centres. But that is a fairly minor point, given that children’s “hubs”, resembling Sure Start, are also being expanded.

The government is less entitled to claim credit, meanwhile, for promising to fund more temporary accommodation in order that local councils can meet their statutory responsibilities – that sounds like something that should be done anyway.

The larger problems with the government’s policy choices are that almost all the extra public spending in the Budget is being added to the welfare bill, while labour market policies are making it harder for people to be lifted out of poverty by work.

Welfare spending should be curbed by balancing higher spending on tackling child poverty with a rigorous attempt to slow down the growth in spending on disability benefits.

As for the labour market, a comprehensive anti-poverty strategy, of which a child poverty strategy should be a part, must do more to get people off welfare and into work. Instead, Rachel Reeves, the chancellor, has made choices that make it harder, especially for young people and those on low wages, to find work. The rise in employers’ national insurance contributions was skewed towards the costs of hiring lower-paid employees, while the rise in the minimum wage adds to the cost of new hires, and the Employment Rights Bill will add to the non-wage costs and risks.

But this child poverty strategy is a big step in the right direction that will, by the end of this parliament, make a material difference to hundreds of thousands of children’s lives, and to the lives of their parents. This is, at last, one area in which this Labour government really is making a welcome change.

Netflix to acquire Warner Bros in massive $82.7bn deal

Netflix has struck a bombshell deal to buy Warner Bros, including its film and television studios HBO and HBO Max, for $82.7 billion. This means that fan-favorite franchises — including Game of Thrones, The Sopranos, Harry Potter and the DC universe — will all join Netflix’s portfolio.

A memo sent to Warner Bros employees and viewed by The Independent stated the deal is subject to several conditions, including the completion of the separation of Discovery Global and Warner Bros Discovery.

“This decision reflects the realities of an industry undergoing generational change – in how stories are financed, produced, distributed and discovered – and recognizes the strong, transformed company we are today,” the memo read in part.

The deal — which includes about $10 billion in debt, with an equity value of $72 billion — is not expected to close before the third quarter of 2026, when the Discovery Global separation is set to be completed. It’s not yet clear what changes will affect customers when the deal closes.

In the end, Netflix sealed the blockbuster deal by offering $27.75 per share, which will see each WBD shareholder receive $23.25 in cash and $4.50 in shares of Netflix common stock. On top of that, Netflix is offering a $5.8 billion reverse breakup fee if government regulators do not approve the deal, which topped the $5 billion that David Ellison’s Paramount Skydance had offered in its latest bid.

“Our mission has always been to entertain the world,” co-CEO of Netflix Ted Sarandos said in a statement.

“By combining Warner Bros’ incredible library of shows and movies — from timeless classics like Casablanca and Citizen Kane to modern favorites like Harry Potter and Friends — with our culture-defining titles like Stranger Things, KPop Demon Hunters and Squid Game, we’ll be able to do that even better,” he continued. “Together, we can give audiences more of what they love and help define the next century of storytelling.”

Warner Bros Discovery CEO David Zaslav, who sent a memo to WBD staffers Friday morning explaining details of the deal, declared the merger “combines two of the greatest storytelling companies in the world” to bring more options to consumers.

“For more than a century, Warner Bros has thrilled audiences, captured the world’s attention, and shaped our culture,” he added. “By coming together with Netflix, we will ensure people everywhere will continue to enjoy the world’s most resonant stories for generations to come.”

While Paramount was proposing to acquire all of Warner Bros Discovery’s assets as part of its bid, the Netflix deal will allow WBD to proceed with the announced separation of its Streaming & Studios and Global Networks divisions into two separate companies. Discovery Global, which will separate from Warner Bros in late 2026 and prior to the completion of the Netflix deal, includes the cable television brands CNN, TNT Sports, Discovery and TBS, a number of free-to-air channels in Europe, as well as digital and streaming products such as Discovery+ and Bleacher Report.

The acquisition comes after a bitter bidding war that pitted WBD against Paramount and Comcast, the home of NBCUniversal.

Lawyers for Paramount sent a blistering letter to Zaslav this week, complaining about the sale process, claiming that it had become “tilted and unfair” after Warner Bros requested second-round bids from suitors looking to acquire some or all of the company’s assets. Besides Paramount and Netflix, Comcast – the corporation that owns NBCUniversal – has also expressed interest in merging with Warner Bros.

“It has become increasingly clear, through media reporting and otherwise, that WBD appears to have abandoned the semblance and reality of a fair transaction process, thereby abdicating its duties to stockholders, and embarked on a myopic process with a predetermined outcome that favors a single bidder,” the letter from attorneys at Quinn Emanuel states, which CNBC published in full.

“We specifically request and expect this letter will be shared and discussed with the full board of directors of WBD.”

The note to Zaslav and the WBD board of directors comes on the heels of a Reuters report that Netflix’s proposed purchase of WBD’s studios and streaming unit would likely reduce streaming costs for consumers by bundling Netflix’s app with HBO Max.

“In recent talks with Warner Bros Discovery, Netflix said the potential combination of its streaming service with HBO Max would benefit consumers by lowering the cost of a bundled offering,” Reuters noted, adding that the vast majority of Netflix users also subscribe to WBD’s streaming service.

Backed by his ultra-wealthy father Larry Ellison, the founder of Oracle and a close ally of President Donald Trump, David Ellison had been desperately attempting to add Warner Bros Discovery to his burgeoning media empire in recent months. Following the Trump administration’s approval of Skydance’s $8.4 billion merger with Paramount, which came on the heels of a politically fraught process that saw Paramount pay Trump $16 million to settle his “meritless” 60 Minutes lawsuit, Ellison began an aggressive campaign to take over WBD.

Ellison, who felt he had a “Trump card” in his takeover pursuit of Warner Bros, was rebuffed at every turn. After the WBD board roundly rejected Paramount’s first three offers, Zaslaz essentially hung a “for sale” sign on the company and opened up the bidding to other suitors. Still, throughout the process, Ellison exuded confidence that he would ultimately succeed in convincing the board to approve a merger between the two media giants — largely because he argued that only Paramount’s bid would be approved by the Trump administration.

“Other potential acquirers of WBD — today or in the future — would need to overcome significant (perhaps insurmountable) hurdles given their dominant market positions,” Ellison wrote to the board in October.

Trump, who has repeatedly gushed over Ellison and praised him as a “great man” since the Paramount-Skydance merger, has applauded the changes Ellison has made to CBS News in recent months. This includes hiring anti-woke opinion writer Bari Weiss as CBS News’ editor-in-chief, installing a former Trump appointee and right-wing think tank leader as the news network’s ombudsman, and eliminating the company’s diversity hiring policies. The prospect of Ellison reshaping CNN — which Trump has long despised and deemed “fake news” — in the same vein as CBS News obviously appealed to the media-bashing president.

Despite the belief that he had the inside edge due to a favorable regulatory path enabled by his family’s friendship with the president, Ellison began lashing out this week when it became obvious that Netflix had jumped into the lead after Warner Bros Discovery asked suitors to submit a second round of bids. Amid reports that Zaslav and the board were leaning towards Netflix, Paramount fumed that the sale process had become tainted.

“Several U.S. media outlets have reported on the enthusiasm by WBD management for a transaction with Netflix, and on statements by management that a transaction between WBD and Netflix would be a ‘slam dunk,’ while also referring to Paramount’s bid in a negative light,” Paramount’s memo to Warner Bros stated this week. “Additional reporting since the submission of revised bids on December 1 has indicated that WBD’s ‘board has really warmed to’ a transaction with Netflix due to the ‘chemistry between’ WBD management and Netflix management.”

Ahead of the Netflix-WBD deal announcement, Status News noted Thursday evening that a failed deal this past summer between WBD and Paramount over a South Park licensing agreement “helped poison the well between David Zaslav and David Ellison,” and this tension was an undercurrent running through the Warner Bros auction.

Meanwhile, the New York Post reported earlier this week that Ellison had a “Plan B” in place in case he fell short — and it involved invoking his relationship with the president.

“But if the board chooses Netflix, the Ellisons are developing a game plan that involves going over the head of the board and directly telling Warner’s shareholders, similar to a hostile bid for the company, according to people with direct knowledge of the matter,” the Post wrote. “Their pitch: the Netflix deal is doomed to fail, facing rejection by President Trump’s antitrust cops at the Department of Justice and, if litigated, a loss in federal courts.”

Even before the Netflix deal was announced on Friday morning, MAGA lawmakers were expressing their concern about the merger and suggesting that the purchase wouldn’t clear regulatory hurdles.

“Learning about Netflix’s ambition to buy its real competitive threat — WBD’s streaming business — should send alarm to antitrust enforcers around the world,” Sen. Mike Lee (R-UT) tweeted Wednesday night. “This potential transaction, if it were to materialize, would raise serious competition questions — perhaps more so than any transaction I’ve seen in about a decade.”