The provided snippet appears to be an incomplete or malformed piece of HTML code, and it does not contain any text to translate. However, if you are looking to understand the code or convert it into English context, here’s an explanation:
```html
```
### Issues in the Code:
1. **Malformed HTML**: The `` tag is not properly closed or nested. There is no opening `` tag to match the closing ``.
2. **Unknown Attribute**: `_disibledevent` is not a standard HTML attribute. It might be a typo or custom attribute.
### Corrected Version (Assumed Context):
If you intended to create a paragraph with an image wrapped in a link, it could look like this:
```html
```
### Translation/Explanation in English:
This code represents a paragraph (``) containing a hyperlink (``) that wraps an image (``). If you need further clarification or a specific translation, please provide additional details or context.