Yair Caspi has served as a member of our Board of Directors since August 2019. In brief, in order to directly control and spiritually abuse the powerful and esoteric energy vortexes of these very ancient and magical lands. Additional deposits were made in Rosenbaum enterprises which investigators have traced to the Vaduz trustby companies in which the Israel Corporation is a shareholder. The U.S. Navys Diving and Salvage Center can be found in a location as obscure as its namedown what was once a country lane in rural Panama City, a Pro-American Kurds are being sacrificed for Turkish-Russian rapprochement [11], In 2008, ZIM planned to launch an initial public offering and selling 25% of its shares on the Hong Kong Stock Exchange, but due to the onset of the global economic crisis it was called off. They also own LBMA (London Bullion Market Association), exert tremendous covert influence at the Federal Reserve, the ECB (European Central Bank), IMF, World Bank, and the Bank of International Settlements. As of December 31, 2021, it operated a fleet of 118 vessels, which included 110 container vessels and 8 . Now most of this money may have been lost. [16] Other protests in Los Angeles[17][18][19][20] and Tacoma, Washington[21] failed to stop the unloading of cargo from ZIM ships. since 2005. Among those attending the meeting at Baron Rothschild's Paris headquarters, 47 Rue du?? In 1950s and 1960s, ZIM concentrated on passenger ships, alongside a constant expansion of the cargo shipping business. Which ZIM Integrated Shipping Services major shareholders have been selling company stock? Ex-Dividend Date. zim shipping company owners rothschildcbc news nl here and now. jack westin physics qpack. View which stocks are hot on social media with MarketBeat's trending stocks report. The company took delivery of its first new vessels, the 9800 ton passenger-cargo liners SS Israel and SS Zion - later known as SSDolphin IV , in 1955 and 1956, respectively. Snowflake Reports Weak Guidance: Is the Growth Snowflake Melting? In keeping with its conservative policies, the company also held substantial cash reserves, so that, as the latest annual report says, it is a position to back up its subsidiaries and affiliates in the case of temporary shortage of working capital.. . From the gecko, they aimed to destroy Western Christianity (Catholicism and later on Protestantism) which unfortunately to a great extend they succeeded. Want to know when executives and insiders are buying or selling ZIM Integrated Shipping Services stock? Get daily stock ideas from top-performing Wall Street analysts. Tax incentives were granted to provide a spur for personal involvement. It rightfully belonged to the Palestinian Arabs who had dwelled there for centuries ever since time immortal as recorded in the Old Testament, albeit portrayed in a negative light due to the Israelite bias. The company was founded on June 7, 1945 and is . At any rate, it is nearly impossible to delve into such matters without stumbling on the name Rothschild. It first worked to carry immigrants fleeing the war from Europe to the future State of Israel. Company and the Lodzia Company. And yet, the Rothschild-controlled mainstream media along with puppet politicians relentlessly keep repeating this lie even after the signing of JCPOA, the acronym for the Joint Comprehensive Plan of Action between P5+1 (Russia, China, US, UK, France + Germany) and the Islamic Republic of Iran. Which institutional investors have been buying ZIM Integrated Shipping Services stock? At this time, the ownership of ZIM was divided between the Israeli government and Israel Corporation. 5 min read. A second demonstration bypassed Oakland for Los Angeles when longshoremen, not participating in the protest, refused to unload the ship after being physically threatened and their vehicles blocked when they tried to report for work. Baron Rothschild that the Israel corporation had deposits in the Internatidnal Credit Bank of Geneva, a bank that rumor had itlater proved correctwas in financial trouble. ZIM . William (Bill) Shaul is a UK Chartered Accountant and works as an independent business consultant. ZIM's dividend along with its low P . The firm completed its move to Norfolk from New York City's World Trade Center two weeks before the September 11th terrorist attacks". Yair Seroussi, former chairman of Bank Hapoalim (Israels largest Bank) from 2009-2016, and former head of Morgan Stanley Israel from 1993-2009, has vast business experience in the public and private market, with emphasis on Israel-International markets. [11] The new official name after privatization became ZIM Integrated Shipping Services. Israeli Investing Scandal Unveiled by Rothschild, https://www.nytimes.com/1974/10/19/archives/israeli-investing-scandal-unveiled-by-rothschild-no-decision-to.html. What matters is that the Rothschilds have always been fully behind this Frankenstein golem, falsely and blasphemously called, Israel, in which the Rothschilds are both the Frankenstein and the golem. Theodor Herzl and Moledet completed ZIM's final transatlantic passenger sailings during 1969 and were sold off, marking the end of the company's passenger division. An unusual investment company known as the Israel Corporation, in which Baron Rothschild is the biggest individual stockholder, is at the center of the storm. empire medical training membership. Birger Johannes Meyer-Gloeckner has served as a member of our Board of Directors since July 2014. They must be opposed. But in the case of Iraq and Libya, their supply of physical gold was vast, as is reported with Iran. TimesMachine is an exclusive benefit for home delivery and digital subscribers. Lastly, an old John Maynard Keynes & E. F. Schumacher concept for a global currency called the Bancor may still be a viable Rothschild global currency scam and along with it their proposed, controversial, octopus-like global central bank swindle, dominating every financial aspect of todays modern life. They are frequently (if not repeatedly) character assassinated via all the western mainstream media outlets which they happen to own and operate. Arms, intelligence and trainings are core if its strategy Israel has its own geopolitical imperatives, according to which it must resist international pressure to hold on to the if (isset($row['field_autor']) && $row['field_autor']=='') $row['field_autor']=l('KATEHON.COM', '/'); Objective researchers point out that Iran is now one of only three countries left in the world whose central bank is NOT under Rothschild control. Let us be comforted by the Word of God as delivered through Apostle John, peace be upon him, some 2000 years ago: Thelight shines in the darkness, yet thedarknesshas not overcome it John 1:5. healing prayer for a child. diy sim racing wheel kit; wbbj news; prohibition ended in us; durant ok crime news There are a number of American shareholders such as Mr. Krueger of Kuhn Loeb. Its 49% dividend is a real standout. puns in julius caesar act 1 scene 2; how to completely turn off ring doorbell ZIM Stock. Some $30million for instance, went into the refineries, freeing the government from the need to allocate that amount from its own resources for the establishment of a new refinery at Ashdod. Innovative Shipping Dedicated to You | Launched in Israel in 1945, ZIM (NYSE:ZIM) became a pioneer in container shipping in the . January 21, 2022 zim shipping company owners rothschildcan gradescope tell if you screenshot. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. Is it the trillions to be made in stolen oil profits, or the trillions to be made in war profits (a two-centuries long Rothschild specialty), or is it to start World War III for whatever diabolic financial incentive, or is it to simply destroy the CBI (Central Bank of Iran) so that no one is left to defy Rothschilds money racket? Panama Papers: Soros against the Rothschilds? [1] The company's headquarters are in Haifa, Israel; Originating in 1945, ZIM has traded on the New York Stock Exchange since 2021. This change outpaced the S&P 500's 0.47% loss on the day. The grandfather gave large amounts of money to the early settlers who sought refuge in Palestine from pogroms in Eastern Europe. CBS News Reports: "It's an entirely new type of weapon." As a Jewish family, the Rothschilds have been targeted by conspiracy theorists as a prime example of Jews allegedly using their money to control global financial institutions. Baron Rothschild, who is chairman of the board, called Michael Tzur, the former Director General of the invest ment company, and asked him if the report was true. Certain importance was attached to todays meeting because of the presence of Abraham Agmon, permanent secretary of the Israeli Finance Ministry. JEFFERIES LLC Bought 850.0 Thousand shares of ZIM Integrated Shipping S. 12/31/2022. Mr. Shaul worked for KPMG in the UK between 1988 and 2019 during the last 24 years of which he was a tax partner. Among other things the Geneva bank had been used to finance arms purchases for Israel in Europe. It is impossible to Israel has a long history of assisting to different regimes. 4-min read. The main aim was to back industry with financial resources, but it made little contribution to the managerial performance or efficiency of the companies it aided. Zim Shipping Finance Limited has 1 shareholder. ZIM transported crude oil from Iran to Israel and oil byproducts from Israel to Europe. [5] After the State of Israel was established in 1948, the company was renamed ZIM Israel Navigation Company Ltd.[6] During its first years, its main task was transporting hundreds of thousands of immigrants to the emerging state. It offers shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazardous cargo. Back to some of the geo-economic strategies of the Rothschilds, here comes the Iran dossier. We acknowledge that for those who are not part of the general global awakening and the truth movement, such discussions could get too confusing and even overwhelming. Autocrats only understand one word: No. No. No. (Applause.). The Rothschilds were directly involved in financing the British in their War of 1812 when England invaded Washington D.C. and burned our nations capital to the ground. The dividend is paid every three months and the last ex-dividend date was Nov 28, 2022. Dividend Yield. Company Summary. If we are to defeat this Rothschild satanic agenda, we must all work together, shoulder-to-shoulder and hand-in-hand, or we are doomed. Since joining ZIM, Mr. Glickman has transformed the company into a global industry leader through significant strategic shifts focused on innovation and data-driven initiatives to respond . In the 1970s, ZIM expanded into the container shipping business. American Consumer News, LLC dba MarketBeat 2010-2023. Zim Integrated Shipping Services (NYSE: ZIM) is owned by 31.13% institutional shareholders, 0.00% Zim Integrated Shipping Services insiders, and 68.87% retail investors. By repetition of the same deceitful propaganda throughout their news cycle, the masses are duped into believing exaggerated horror stories about evil dictators such as Saddam Hussein of Iraq, Moamar Gadhafi of Libya, and now Basher Assad of Syria, etc. gregory x reader fnaf. They also install presidents and prime-ministers, dethrone and install kings (with Freemasonic puppet replacements), foment false revolutions and coup-detats, create and stimulate social, ethnic, moral, cultural, political, and geopolitical divisions and sectarianisms, bankrupt nations through wars and rumors of wars, use and abuse of economic tools (their favorite modus operandi) such as interest rate manipulations, contrived economic bubbles followed by financial collapses, recessions, and full economic depressions, in addition to currency exchange manipulations, and the list goes on and on. Profits and cash flows were massive. This is a big . But in the last two decades or so, albeit slowly but surely, things have been finally turning against them, thanks primarily to the general global awakening and the truth movement facilitated through an unprecedented proliferation of knowledge, courtesy of the information technology revolution that is connecting us all together. ZIM Integrated Shipping Services (NYSE: ZIM) provides investors with a strong dividend in the shipping industry. if (isset($row['tid']) && $row['tid']==21688) {$hottheme="-hot"; $row['field_topics']=$row['field_analitics'];} Incidentally, Mayer Amschel Rothschild is referred to as the "founding father of international finance. Note: Do not be alarmed by the word occult which literally means, "clandestine, hidden, secret or knowledge of the hidden". Ship4wd will target US & Canadian small and medium-sized businesses (SMBs) importing and exporting from China, Vietnam and Israel.. Relying on ZIM's vast experience and in-depth knowledge of the shipping industry, along with its proven track record in digital shipping, the new digital freight forwarding company will provide small and medium businesses, as well as entrepreneurs worldwide, a . Learn more on ZIM's institutional investor holdings. During 19471949 Palestine war, the company was the sole maritime connection with the State of Israel, supplying food, freight and military equipment. And it couldnt be more wrong! ZIM Dividend Information. And heres a very interesting relatively recent fact: One week before September 11, 2001, the ZIM Shipping Company broke its lease which it had held for 30 years with New Yorks World Trade Center Building Complex which of course were owned by SilversteinProperties. This, of course, does not have to be satanic in nature but it could be. The company actually got its start way back in 1945. Jacobs holds a Commercial Diploma from HHK Copenhagen Business School and completed a Management Course at Harvard Business School. The conflict in Syria is not the internal struggle of the Assad regime and its opponents. In what cases will Russia use its nuclear weapons without How America Took Out The Nord Stream Pipeline. Some argue that the US housing market bubble, US auto industrys near collapse and its subsequent US Government bailout, Wall Street and banker bailouts, as well as the drastic reduction in manufacturing here in the US are all contrived events in order to systematically crush the US economy and the dollar in particular, with the ultimate goal of making way for phase two of the ominous Rothschild and other elite families final takeover of the worlds monetary systems and the completion of a New World Order feudalistic dictatorship, better put, the New Secular/ Godless Order. Faubork St., Honore, were Harvey Krueger, partner of Kuhr Loeb & Co., the New York investment bank, and Samuel Rothberg, one of the leader in Israel of a lay group supporting the sale of Israeli bonds in the United States. Dr. Karsten Karl-Georg Liebing has served as a member of our Board of Directors since July 2014. Mr. Tzur conceded that it was. As stated, calls for a global currency began to come about after World War II, when British Economist John Maynard Keynes and the British government proposed the Bancor as a world reserve currency. The total deposits of these two companies is $14.8million. And may I remind you of the old Christian proverb that the biggest trick the devil has ever pulled [throughout human history] was to convince the masses that he doesnt exist. With the Hughes Optioneering Strategy, youll soon learn that the safest option for new accounts is options themselves! They own the London Gold Exchange which sets the price of gold every day. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. Global container shipping and logistics company ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) stock has rebounded. Among other things, he owns shares in two Israeli cotton companies, the A.T.A. Mr. Caspi has served as a managing and senior partner at the commercial law firm of Caspi & Co. from 1998 to 2018. President Abraham Lincolns assassin, John Wilkes Booth, was in fact a Rothschild agent. Representatives of Baron Rothschild stress that the $8.5 million, even if It is totally lost, in no way endangers the solvency of the Israel Corporation, which last year earned $8.1million. Mr. Jacobs has over 40 years of experience in the shipping and transportation industry. In this manner, the evil Rothschilds cult of Moloch belief in human sacrifice, in this case the Holocaust, was a precursor and a required harbinger for them to steal and carve their own nation state. ZIM Integrated Shipping Services Ltd., together with its subsidiaries, provides container shipping and related services in Israel and internationally. Mr. Sebba holds a bachelors degree in management and industrial engineering from the Technion Institute of Technology in Haifa, Israel and a masters degree in business administration from the University of Haifa in Haifa, Israel. The sisters Israel and Zion were both sold in 1966, while the expensive, new Shalom was retired and sold in 1967. From a version of Dubai Ports World controversy : Surprisingly, Israel's largest shipping firm, Zim Integrated Shipping Services, came out in support of the deal. Nevertheless, this Catholic resurgence does serve as a force to combat moral relativism and cultural decay that is running rampant in the North America and Western Europe regions, albeit we are at the threshold of a great modern revival of traditional values in both aforementioned regions. Robeco Institutional Asset Management B.V. In-depth profiles and analysis for 20,000 public companies. Nous, Yahoo, faisons partie de la famille de marques Yahoo. ZIM Integrated Shipping Services Ltd. is one of the leading carriers in the global container shipping industry. Zim-American Israeli Shipping Co. announced in April that it would invest $6.2 million to locate in the new building and would hire 235 people to work in this facility. In 2004, the Israel Corporation purchased 49% of ZIM's shares held by the Israeli government, becoming the sole owner and officially privatizing the company. ZIMShipping. And it couldnt be more wrong! However, we are [and should be] very much interested in conspiracy FACTS since it is our job to investigate and expose lies and spread the truth. Lorsque vous utilisez nos sites et applications, nous utilisons des, authentifier les utilisateurs, appliquer des mesures de scurit, empcher les spams et les abus; et. [5] Some of the other ships that had been used for clandestine immigration before the establishment of Israel as a state were confiscated by the British Mandate authorities and later joined the company's fleet. Biden To Unleash "Choke Point" Operation On America? raising efforts. The company's policy is to pay out 20% of its net income each quarter, and 30% to 50% of its net income on an annual basis. Vous pouvez modifier vos choix tout moment en cliquant sur le lien Tableau de bord sur la vie prive prsent sur nos sites et dans nos applications. Learn more on ZIM's institutional investor holdings. The SSBergensfjord, renamed Jerusalem, sailed the Israel-New York route,[8] Another ship purchased with reparations money was the SS Theodor Herzl .[9]. There has been much that has already been written about the Rothschild crime syndicate. 36.74% of ZIM Integrated Shipping Services stock is owned by institutional investors. For approximately 250 years, the multi-faceted Zionist Rothschild crime family, with its prototypical Luciferian, anti-Christian, anti-religion, globalist aspirations, has tirelessly worked to intertwine and morph itself into the already existing global financial power structure as well as take over the helms of the mass brainwashing apparatus that we now call the controlled western mainstream media. Longshoremen declined to load the ship out of safety concerns, taking no position on the underlying dispute,[15] but unloaded the ship after their safety was assured. View Rothschild Mitchell's profile on LinkedIn, the world's largest professional community. [13], In 2010, ZIM regained profitability and in early 2011 ZIM renewed its plans for a flotation on the Hong Kong Stock Exchange, but again had to postpone it due to the economic downturn and the drop in container shipping rates. In Syria, two new fronts have been opened. To get a sense of who is truly in control of ZIM Integrated Shipping Services Ltd. (), it is important to understand the ownership structure of the business.And the group that holds the biggest . Mr Seroussi, who has served as a board member and chairman of investment committees in various entities, started his career at the ministry of Finance, where he held a number of senior positions. According to the Jewish English historian, Simon Schama, the Rothschilds own 80% of what they have opportunistically called Israel a blasphemy unto itself according to true Torah Jews who correctly point out (according to academic Judaic biblical understanding) that after the destruction of the Jewish Temple in Jerusalem in 70 A.D. by the Roman General Titus, as prophesized by Jesus Christ some 40 years earlier, that a nation of Israel can ONLY be assembled by the Messiah himself and absolutely by no earthly power or authority and that the contrary is nothing short of a satanic agenda and contrary to the will and directions of the Divine Providence. Employees: 5,180. [12] In 2009, ZIM required a cash injection of $450 million by the Ofer family and debt restructuring following the world's container shipping downturn. [24], In mid-to-late 2015, plans to revive an initial public offering were implemented. This is intentionally done so in order to once-and-for-all implement their evil Greater Israel project which comprises confiscating all the lands from the Nile River (in Egypt) to the Euphrates River (in Iraq). Liat Tennenholtz is currently serving as VP M&A and as a member of the senior management of Matrix IT Ltd., a multi-billion global Israeli technology corporation traded on the TASE, having joined Matrix as VP Business Development in 2018. MILLENNIUM MANAGEMENT LLC Bought 1.2 Million shares of ZIM Integrated Shipping S. 12/31/2022. The board of directors of the Israel Corporation held what was called a normal meeting today in Paris to discuss the general problems of the company and to examine the latest information on the position of the Geneva Bank. HAIFA, Israel, Oct. 6, 2021 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today the creation of a new subsidiary, Ship4wd, a digital freight forwarding platform offering an online, simple and reliable self-service end to end shipping solution. Zim Integrated Shipping Services Ltd., commonly known as ZIM (Hebrew: , tsim; a biblical word meaning "a fleet of ships", Numbers 24:24), is a publicly held Israeli international cargo shipping company, and one of the top 20 global carriers. Hence we take away its occultic mystique and in this case diabolic nature. Apparently, at least for now, size doesnt matter. anywhere but here soundtrack. What then is the real reason? If youre new to trading, then youve probably heard the wrong thing about optionsthat theyre risky, unpredictable, or difficult. These claims have been roundly . What percentage of ZIM Integrated Shipping Services stock is owned by institutional investors? if (!empty($row['field_date_view'])) $row['created']=$row['field_date_view']; EVP, General Counsel & Company Secretary 9 Andrei Sakharov Street P.O. Thousands of years later, in walked the Rothschild Zionists, usurping their way in, as usual, since this has been their traditional method of stealing power and resources for centuries. The answer is very cryptic and mysterious which I may greatly elaborate in future articles. I'S this was true, in Baron Rothschild's view, it amounted to a violation of executive trust since the board of directors of the Israel Corporation had never authorized an investment outside of Israel except in one minor situation, and in that case the investment was directly related to the economy of Israel. Hormel Hits 2-Year Low, And The Dip Gets Bought. In the early days of the company each million dollar participation brought with it a directorship. In Libya, a Rothschild bank was even established in Benghazi while the country was still at war! However, the Rothschild family's rapid accumulation of wealth and power was met with one odious reaction: rampant anti-Semitism. More important than the economic impact, they say, is the fact that two men holding positions of honor in the Israeli community Mr. Rosenbaum and Mr. Tzurare involved in this extremely delicate situation.. He has served as the CEO of Epstein Capital, an independent boutique investment and merchant banking house offering a full range of M&A and financial advisory services established in 2005. Under Special Management ($2.68M), Renaissance Technologies LLC ($2.32M), Deutsche Bank AG ($1.79M), Barclays PLC ($1.46M), Credit Suisse AG ($1.44M), and Phoenix Holdings Ltd. ($1.40M). ZIM Integrated Shipping Services | 110,832 followers on LinkedIn. AFP has learned from a reliable source in the shipping industry that Zim American Israeli Shipping Co., Inc. broke the lease when it vacated the rented offices on the 16th and 17th floors of the north tower of the World Trade Center shortly before the Sept. 11 disaster. See what's happening in the market right now with MarketBeat's real-time news feed. 1796: Amschel Mayer Rothschild marries Eva Hanau. Besides, King David absolutely had no star or symbol, as many Orthodox Jewish rabbis would gladly testify. In the 1970s, ZIM expanded into the container shipping business. Mr. Seroussi holds a bachelors degree in Economics and political science from the Hebrew University. ZIM Integrated Shipping Services Ltd (US:ZIM) has 443 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). 9 ANDREI SAKHAROV STREET, P.O. dvelopper et amliorer nos produits et services. car auctions brisbane airport. Please refer to Amos 5:26 as well as Acts 7:43 for a specific mention of this Star of Remphan. Browse our inventory of new and used Trailers For Sale In Dickeyville, Wisconsin at TruckPaper.com. To see all exchange delays and terms of use please see Barchart's disclaimer. The police are presently determining whether there is sufficient evidence to warrant prosecution. Into it the 48yearold scion of the famous banking family has poured roughly half of his $10million overall investment in the beleaguered state. Here again Rothschild representatives stress, even if the funds are never recovered, the solvency of their two major enterprises is far from endangered. else $hottheme=""; Anyway, why are the Rothschilds obsessed with their ominous control and conquest of big chucks of the Middle East? Mr Seroussi is also active in non-profit organizations, including as a co-founder of Tovanot Bechinuch, dedicated to making schools in urban periphery a source of inspiration, Chairman of the Eli Hurvits institute for corporate strategy, in the Tel Aviv University, a member of the board of governors at the Hebrew university, the Weizmann institute of Science, and Shenkar School of design. E Energy Ltd and as a director in Israel Corporation Ltd since 2019 and in Oil Refineries Ltd since 2020. Yoav Moshe Sebba has served as a member of our Board of Directors since September 2011. ZIM's last annual dividend came in at $11.4 with a yield of 24.08%. In 2007, ZIM sold its maritime logistics and forwarding services subsidiary NewLog to UTi Worldwide. However, by shedding light on such matters, this up-to-now hidden knowledge will no longer be occultic but transparent, apparent, and self-evident. ZIM Integrated Shipping reported its Q2 results. Mr. Sebba also currently serves on the boards of directors of Phytech, Sofwave, Epitomee, Healthy.io, Cymbio and Vessle. Long ago, they even codified this hegemonic concept in their despicable Rothschild Zionist flag which is on a white background falsely symbolizing peace, comprised of two blue stripes symbolizing the Nile River and the Euphrates River (at the top and bottom) with their so-called Star of David which in actuality is their Star of Remphan a Babylonian and Egyptian symbol signifying the satanic cult of Saturn worship that the Israelites most probably plagiarized and adopted from the Egyptians while wondering around in the desert for 40 years after their liberation/ expulsion from Egypt. They are still committing genocide to this day with the full blessing of Washington, London, and Brussels but more importantly the Rothschild crime family who are the behind-the-scenes agents of the highest echelons of diabolic earthly power with a lust for control and domination. Mr. Caspi also serves as Chairman of O.P.C. May 24, 2021 zim shipping company owners rothschildst cloud psychological services. ZIM was founded on June 7, 1945, as the ZIM Palestine Navigation Company Ltd, by the Jewish Agency, the Israel Maritime League and the Histadrut (General Federation of Laborers in the Land of Israel). The company's policy is to pay out 20% of its net income each quarter, and 30% to 50% of its net income on an annual basis.