Thank you very much, Mr. Cotler.
There are just a couple of points before we start our question round.
You mentioned a couple of articles that you have submitted. We have to get them translated, and then they'll be distributed to the members.
I will remind you that we are going to be very rigorous with the distribution of the time. We will try to keep the comments civil and keep to the facts wherever possible, and I am going to try to preside in such a manner.
Let's begin our first seven-minute round with Madame Jennings.