Machine building is also facing a strong hand germany turn it around all vital pillows of the economy going to be facing long term problems coming in the future, well its going to be talk about that is called hoist can from the vm a industry association. Thank you very much. Speaking to my call. How worried are you about the German Economy at this time . Well, i think if you look at the factory defects, then we are where its um, our industry um has been down and we do production last year by one percent. And forecast for this year is under the minus 4 percent. So it is an uncomfortable situation to be in. However, we proceed this more of a site to go a phenomenon and not so much of a structural phenomenon for our industry. So we expect our business to pick up again in the 2nd half of the game. Okay, but the economist succeed, postpone, says, despite moderate recovery prospect, we must not deceive ourselves. Overall production figures have been slowing, showing a worrying downward trend for g is, is the, an existential threats to companies in the machine building industry which you represent. I think the interesting structural point is that the success of government industry has it has some pillars which are not really holding anymore. You know, very well that supply from of cheap flip side resources from russia. One of those pillars, an ever growing Chinese Market for to im an engineer to products, was one of those pillars. And also your pain security being safe, guarded by the us. And a lot of us funding was another one of these people are. So we see the structural changes in the global framework and that means for trimming industry, we have to, we think that you will have a very Energy IntensiveManufacturing Base and try many then you have to we things especially end up just tactical. Okay. Um, i want to come to the list of proposals that youve made earlier this week to release the statement um, in order to help the Machine Industry in germany. And now your list of proposals include a reduction of bureaucracy, lower taxes, changing accounting methods. We can call it to encourage companies to invest in human shapes, extending weekly, working hours, and pushing back to the pension level age and infrastructure investment. That is your coal to government. I assure specifically the government to implement these things. But chancellor schultz has accused certain sectors of the industry of yum of y. Yeah. And so it shouldnt, you rather be focusing on what your industry can do most self reflect window, instruct you do rather than this long laundry list of things that you hope the government will give you want us . Yeah, yeah, thats a very good question. Thank you for this one. You know, if you look at this long laundry list, yes, its something we ask from from, from the public sect of, from the, from the government. But this also and the Business Program for, for our sales, you know, if there was something which is really slowing a drum and industry down its comfort zone. You know, we live in a conference on, on the political 5 as well as society as a whole. We live in a very relative society. We live in a very safe society. For whatever reason, germans feel that your train is far away and, and also is where they got a far away and, and everybody remains in his comfort zone. And then we talked about weekly working hours, you know, in our industry we have 75 and we keep working now. So its a joke. You know, even in the industries in germany, nobody would even think about. So if you need some potential work for the also actually the counselors dont think its all the unions that you must have study 2 hours, you know, and, and thats for me, one of those leaving examples. I mean, thatd be live in a comfort zone. And i think that what, but also the dentist Society People living in germany has to learn is that the wind is cold and strong all day. And we are in a global competition. We have to adapt that to that competition. And that means that we have to move out of our comfort zone. And its true for the political arena, but its also true for 5 sites, for society itself and for the companies. Okay, but the, theres a practical issue with convincing workmans councils or unions or bypassing them in some way, going to government, getting them to change them all. And that is a huge hurdle to get over. Yes. Yes. Uh, but you know, um, if you want to change things, you have to start somewhere and also be talking about another example back in time of your life spans. And also we keep working time is it is a big issue. It will take a long time to change it, but we have to start somewhere and we are working on it. The same is true for corporate, texas, you know, Corporate Tax rates in germany. I assume the high one of the highest in the world. And thats one of those feedback conditions, you know, if, if you really want to ignite the economy and texas a key driver and theyre very poor that. So, do we see politicians right now . We have the courage to tell people at this moment in time, you know what to do with our Corporate Tax rates. Thats a very courageous step to do. And i dont see anyone doing that. However, you have to start somewhere to argue and to convince people. And lets see a one year down the road. We have an extra little overview of down the road. We have an election germany, lets see what the outcome is. And then you might have to ride setting and thats what we have to prepare today. So that maybe we get into a consolation, but changes happen in a way. It does sound like more of the same complacency that youre complaining about in the sense that this is for industry to pressurize the common show. To do that in that, in an active sense, but otherwise, to wait until the government ask us, so keep, keep them under pressure, you know, keep talking about it, keep mentioning it. But what can the industry itself do in order to be more competitive with, lets say china its, its interesting that you are insisting on, on the issue and, and i like that because one of those aspects of being in the conference on is that also dr. Manns individuals, as well as a corporate world and have a trend to, to rely on the Public Sector. And to think that both by the way that both intensified and throughout the career on the crisis. Because then governments and Public Sector really have to intervene to manage the prices. And kind of a few said, hey, well, this is cool. You know, if i have a problem of the political arena, the government who ever, im takes care and that is an effective we still see today. So im also kind of trying to make a wake up call also to the corporate world. If, if, if the see is rough, dont ask the government and to slow it down, but do your own job properly. But nevertheless, if you look around here, the holes, its kind of a mess. It, its a super Cool Technology show and i think its, its proving that engineer and in germany is this still a super cool brand. You will see solutions here. Theyre really looking forward and id say. There is nothing nice that in the us know, in china that can pass to this. What do you see here . Technology, why . So companies are facing the future. Theyre coming forward, this product, okay. When it comes to china, lets say, is trying to more of a threat or more of a product a while im trying to his being what i called a times market for decades. Ill say the Companies Either we present, if im not working for the association, uh have you had drawn ex, im from unit we we, we have a lot of operations in china is one of our most important markets. And that has turnaround. I would consider china today to be at risk market and lots of times the market. The major reason being by the way, not so much the geopolitical effect, but also the, the current Chinese Administration nationalizing data industry. And we have seen parts of our Industry Construction of hip and is a good example where international supplies are almost down to 0 because china ones chinese equipment in china. So, what should be done about that . What does the job you need to do . What does the you need to do . Because of course, the worry is if the you, if job is to cough into china. Yeah, and thats going to take away a lot of opportunities that business have to, that says in europe have to sell into china. I think, you know, and in this context you was kind of caught between a rock and a hard place on the west side of the ones that you have to us. A being a getting really tough on china. Independent, was abiding. This in control attempting to control both a tough on china and, and on the other hand, we have so much a business going on for a german corporations in china. And we also have supply chains coming from china, which i super important. So you have to find his own role and in its own sales confidence in dealing with china and the level Playing Field. And what does that look like . Specifically the cause of course me. He was talked about a level Playing Field with for the for a long time. Yeah. A nevertheless, weve been talking about it, but weve seen the eve a on china and, and i think it will start to extend. We still are, if you look at chinese legislation in Cyber Security law into espionage law, these are laws that explicitly prevent for businesses of doing business in china that feel we should see a much stronger, more self confident reaction by the you. And we have to call to fight. So your story to branch off the german industry. So its called of small to medium sized businesses. Often family owned businesses with strong but not necessarily a known as capitalization. And theyve been lagging on digitalization thats been struggles with succession plans or is germanys biggest economic strings, the so called middle spend also a significant weak point. No, i dont think so. If you look at the ability to adapt to changing frameworks, then absolutely convinced and, and all Member Companies do have a track record in that that small and medium sized Family Businesses are faster and more willing to adapt to changing frame, booked, and large corporations. The we have 3600 Member Companies. The average size is 2250. 00 employees only. And 90 percent of these companies are family owned, to have an export rate of 80 percent in everett. So you have to imagine a small company, 200. 00 people sitting somewhere in the middle of nowhere, being a family owned to export 8 percent of the super nice mitch technology. And these people are really flexible. They cannot that there are fast. Okay, so they can that fos, but can they get the investment money that they might need to . I mean we talked about a i throughout the messa, its a huge deal, of course has been for a while, but now we have generativity as well. All of this kind of complex technology which has its own specialize needs for mentation, requires investment, do Mutual Fund Companies as individuals, have the ability to invest at the level that they need in order to be able to efficiently effectively use the opportunities take advantage of the opportunities, not just with a i, but on the new and emerging technologies. I, 1st of all, yes, we have to state the level of investment in germany has been going down for 4 years and does not enough investment in germany itself. At this moment in time, and this is also what the us from the drum, in a government and from politics to improve the framework for investments internally. So thats number one in very general. Its independent from a i. If you look at a, i or a, lets say Digital Technologies and you look around 1000. 00 of them. And then again, i think youll see a lot of examples with just a technology is applied by large corporations as well as by small, medium sized businesses. You have to consider, we are to a 100 percent in the be to be in the business to business. Youll be on not on the consumer side. And many of these Business Models when you talk about a i that a very popular that people talked about. Hypoth scanning Business Models on the consumer side. This is not what we do. So the also to Capital Requirement a to go into a i, into apply a i, as in an engineer between products is totally different from the consumer side. But why until now, has this industry in fact, from an industry in general . Lets be honest, not just machine building, but mostly why is it failed to prepare for the future . I wouldnt up the, i would not agree a to this assumption. We know that digitalization of the big issue, weve seen china coming down the road for a long distance. Ation is a big issue of the public space. You know, if you look at a Public Administration in germany, yes, we a week on a digitization. This is not true for other countries, though. If youre looking at this kind of data, if you look into the bank state, you have leading examples on how to apply a i in a to how to apply big data models in Public Administration. So germany is not to hold of euro this just a significant part of europe and in the public space. Yes, we a week, i would not say that driving the german industry and privately owned a industry is behind and new technologies. How confident about the future for german industry . Yes. Okay, cool, hes good. Thank you very much for speaking to me. Thank you. On the inside of the conflicts own off page, right. Let me see killing 7 for an age where it is in gaza strip, in hopes of the humanitarian situation. My e. Im a desperately need of food can begin to reach the hundreds of thousands of risk of funding for how realistic of those hopes, my guess is yeah. Mega and hadnt been the wage and Refugee Council for decades of experience and the humanitarian steel kind of like the next one open on dw, the visa used to put those in the notes. Follow the phase where i live, mr. Kenning 7 for an aid workers in gaza, every in hopes that the humanitarian situation, my ease, and the desperately need of food can begin to reach the hundreds of thousands of risk of famine. For how realistic of those hopes, my guess is yeah. Megans head of them the wage and Refugee Council for decades of experience in the humanitarian field. Hes also a former diplomatically, was personally involved with a low piece told between israel and the palestinians in the 1990. How does he think his savage was connected . In 6 months the war must be over. I hope its over in, in a week