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Obviously have an engineering culture. It is what we are living off. And its merger monday in the pharma sector with a deal worth more than 10 billion. And failure awaits the United States if it takes action on syria. Thats the threat from president assad as u. S. Experts are allowed now to visit the site of an alleged chemical attack. Youre watching worldwide exchange, bringing you Business News from around the globe. Hi, everybody. Welcome. You are watching worldwide exchange. Were with you for the next two hours in good company, i hope. Weve got a lot of guests lined up. And on todays show, despite the ongoing success of south koreas export economy, is it time for change . We have a special report in about 15 minutes time on that front. Maverick australian billionaire clyde palmer is running to be the countrys Prime Ministe ....
So, Current Conditions 112. The expectations component 103. 3 in august versus the reuters consensus of 103, so a little bit broader. Ifo has no revisions to the july indices. Lets get a breakdown on this. On the phone from munich, an expert at the Ifo Institute, helped to compile this story. Doctor, good to speak to you. Its been a while. Thanks for joining us this morning. Whats the key takeaway from what this survey says about the state of the German Economy . The strongest increase at this month in the manufacturing industry, and here particularly in the investment good sector, so it looks like that the upturn gets more momentum. How strong would you describe that momentum . Well, we had made the forecast for this year 0. 6, and i think this is something we could reach, so investment is always somewhat lagging beh ....