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Although following the advice already given will replicate the look, the 'effect' in the source image, is a setting on an image slider with a blur effect and low opacity white background for the text and navigation area. If you find out what jquery plugin that is, you won't need to recreate this look, but I suppose without being privy to the information as to why you are trying to do this, there is no real way of knowing whether we have advised you in the most appropriate way.
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