Lets get the view on this from t mobile much farther. Hes an economist at the e for institute and munich. Welcome to the program team. Oh, are you surprised about what some people are calling the German Economy holding its ground . Well, no, im not surprised about this. I mean, this is a, something that we have expected already that i mean that we do not get a crash off the German Economy. I mean, the things that are happening right now is Rising Energy prices and fears about that energy a will not be available in the winter. And this is something which is bringing down the German Economy quite slowly. This is also what the current, what the, what todays equal Business Climate showed us. Hey, lets talk about that in a 2nd. First, lets take a look back at the, at the 2nd quarter. What were the decisive factors that actually led to this slide growth after all . But this was on the marginal revision. We already had the data one month ago and it was stuck nation 0. 0 now is 0 point one. So this is not really a large change, so there were 22 forces driving the German Economy in the 2nd was the one was private consumption. Really picking up and especially those parts of the, of the Consumer Spending that went into services. And those services that have not been available during corona times, and on the other hand, we have a very weak industrial activity. And so on balance it was a stick nation off the German Economy. So this was not coming as a surprise. Right . So and growth in the 2nd quarter is down from 0. 8 percent in the 1st quarter. You mentioned that the german economic mood fell to the lowest point in 2 years. Recently, a thought the trajectory is not a good one. What do you expect in the coming months and on what grounds . So todays for Business Climate index more, this confirmed what we already saw one month ago and one month ago, the Business Climate index. So confidence among german Business Managers really crashed so that in the end, confidence is much slower in the 3rd quarter compared to the 2nd quarter. That is to say that we expect the German Economy to decline in the 3rd quarter. So our estimates at the moment are around 0. 5 percent minus 0. 5 percent for the 3rd quarter. And this of course could be the beginning of a recession of the germany economy. So for the 4th quarter, the outlook is rather unclear at the moment. Lots of uncertainties concerning the delivery of gas from russia concerning also the further development of inflation. These are all things that are quite uncertain, but for the moment, i would say that for q 3, this is really, this is, this is most likely a decline in activity chemo while most cars are the for institute. Thank you. Thank you. And now to some of the other Global Business stories making news, years President Joe Biden has announced the plan to partially forgive student debt for millions of americans. Under the plan households earning less than 250000. 00 per year could see up to 20000. 00 in federal student loans, erased student loan that in the u. S. Has grown significantly in recent decades. Australian airline quanta says its bouncing back from them. A downturn, domestic flights, or now above for even then the levels, even though its international travel, was still 50 percent below its previous highs. And then travel restrictions cost was over. 70000000000. 00 in revenue. India is the worlds 2nd largest Smartphone Market and now its significance as a production hub is to grow. Apple is ramping up for production of its i phone 14 in the in india, thats according to reports from bloomberg news. The u. S. Electronics giant is shifting away from chinese facilities due to disruptions caused by political tensions between beijing and washington and china repeated locked downs during the coded pandemic apples. Just one of several large u. S. Brands attempting to move away from chinese production. Lets get more of this from the others. Char, ricardo, gay and deli, charo. Why does india seem to be the preferred production side here . Well, chris or apple has been trying to diversify supply line for a long time now. And recently china, its rang to move beyond china also because of the several local would induce log down to china has imposing in a large number of cities and a lot of them manufacturing hubs. And also because there are reports that it also wants to avoid at the geopolitical conflicts there. China has been a getting into india has been affiliated estimation for apple for a long time. Now a tree of its contractors who are already functioning in india. So older models of a forms, a form, se, april 11, 1213. Theyre already being manufactured in there. But this is possibly for the 1st time report suggest that the latest model at 114. 00 would be manufacturer just 2 months after herb its after manufacture. But coming out from china. So what challenges is, or apple facing in india when it comes to producing devices there . Well christmas mostly about how her ab, how apples contractors handle their facilities that they have open and they are running in india, for example, or late last year or fox gone nerd runs a major, i foreigner, manufacturing facility or near the south indian town of chimney. And where a food boys in the incident broke out afterwards, it had to shut down its factory and it was her are able to open only a about a month later, after assuring the authorities that her date, the all the problems having taken care of another contractor also faced a similar kind of a situation where this was the, again, this time this was on about food poisoning. But this was about unpaid wages, sort of a labor unrest broke out after which apple was al, forced to a girl contractor on probation. And after a long time that the issue was settled, so the way these contractors run their facilities that appears to be a challenge for them to the Indian Government has been trying to attract a sort of business through an Incentive Scheme for more by manufacturing is this initiative paying off now . Well, yes, it does seem to be working across a production linked Incentive Scheme in which our manufacturers have been told that if they are able to do producer aid over 80000000 rupees, are worth goods here. Then they get various incentives and theyre in terms of for their production and or in turn, it also helps the government in terms of meeting its employment targets. So there are reports that these 3 apple contractors have been able to generate more than and to 30000 jobs are so far in the country. So it appears to be working both way forward, the government and meeting his employment target as well as far road manufacturers. Chris g. W correspondent, charo car decay and deli charo. Thank you. It is not just since gas prices have gone to the roof. The germany has planned to increase production of renewable energy, but theres been some pushback by citizens when it comes to generating this energy. Nobody wants a giant wind turbine in their backyard after all. Now, some people are trying to combine the best of 2 worlds. Apple trees down here, solar panels, so top can fruit and electricity be harvested on the same field . Thats what theyre trying to find out on this 3000 square meter project in the german state of rhineland palatinate. Just an act i says, his trees needed cover any way. Theyre caught more frequently in hale and heavy rains. Dig a dank of our guns club report from cooper foot investment. Its Pretty Simple and we need to protect the plants from and when we can combine their needs with an option to generate solar power, what i, which we can either use ourselves or sell that were having really good synergies. The whole idea leads to something useful and positive from further positive. The solar panels are semi translucent, allowing for about 50 percent of the sense light to still reach the plants beneath. Much like plastic sheets, the panels cover 8 different kinds of apples. Scientists want to see how they will develop the electricity produced by the panels isnt yet connected to the grid. Critical parts are still stuck and delivery. Much of the farm is already running a solid electricity. For example, the apple sauder. The new panels should come on line in the fall for the other people to vote heigenbeck. This at refundable tag project is meant to support the general power supply. Looking at the size of our plant, we expect that we can power up to 50 full households before the longer solar power. Scientists agree that the potential is huge. If i know him and, and i max tom, staff and his team, a co ordinating the test run here, they have calculated that Solar Technology on just 4 percent of germanys agricultural acreage would generate enough energy for every one. But theres a lot of red tape and continued after the, in the process to get a permit for agra photo will take plants is a real problem right now. That entire process needs to be simplified, especially for small fields of less than 2 hectares. That would enable gardeners to join farmers in this field. Battenberg and garden bo, balancing a growing need for power and food. Experts are hopeful that their tests work out and they cant double their harvest. And finally, food inflation is putting millions around the world in a tight spot. In thailand, the government has now allowed the 1st price hike for instant noodles. In 14 years, the new price for 3. 00 major brands, way way, mama and jamini will be 7, but thats one bought more than what ties have been pay. The 15 percent price hike is not easy to stomach for all and does limit it. Once the cost for our materials Drop Companies will have to lore the per packet prices accordingly. And thats our show for now. For more news and information, check our website at www dot. Com slash business. And of course the d. W. News, youtube channel. Im chris kolber on berlin. Thanks for watching. Have the success with with ah, it is the end of the pandemic in site. We show what it could look like will return to normal and we visit those who are finding it difficult with success in our weekly coping. 19 special in 30 minutes on d. W. A homeless in east on the numbers have risen in the metropolis of millions, but little comments from the state volunteers do that best. Actively support the people manage this if i dont do it, he will. I used to not have a home either from the government, the government or to jim in 75 minutes on d. W, a vibrant habitat and the listening place of longing. The Mediterranean Sea have almost far and to follow dual career drift a exploring modern lifestyles and the mediterranean meeting. People actually hearing their dreams ready to really journey this week on d. W. Music. 50 years ago. The International Gathering of peace and cooperation becomes the scene of a horrible tragedy. Arab terrorists, armed with sub machine guns, went to the headquarters of the israeli team and immediately killed one man. And that this will be the last time. So in the night theyre all gone. How i witnesses experienced the terrible events and this the world should not forget the long shadow of the 1972 olympic massacre. Start september 3rd on d, w. Ah ah, this is dw news live from berlin. Power is restored to ukraine separation Nuclear Power plant. After an ominous shot down ukraine, flames Russian Troops occupying the facility. It usually supplies a 5th of the countries. Electricity concerns also grow over a Nuclear Disaster if