 Well first of all we have a government based on continuity. It is good that we have on it. There is no void in Europe. Its role would be probably as the last one, trying to be an anchor of stability. We will again preach the same gospel that the previous American government preached for a while. This will be a competitiveness and budget discipline. On the widest stage there would be no difference, particularly because her coalition partner the SBDA is also militarily and in terms of security policy very risk-averse. First of all I would say that it is not in the interest of Germany to see the UK leave Europe and the EU. It is not in our commercial interest, it is not in our economic interest, not certainly not in our political interest. Would we step up the void that would open in terms of military engagements? I don't think so. The Afghanistan intervention, the Afghanistan mission will be our major mission for a long time. I do see military budgets certainly not increased. The whole thing would be negative for us, but I don't think that we would play a role or comparable to the British one in foreign insecurity affairs. My lawful is that China is a major trading partner and investment partner. Germany calls China a strategic partner, whatever this means, but certainly it implies that we want to somewhat align our interests. Remember that when the German government had an official meeting with their Chinese counterparts in Beijing, almost all of the government of the cabinet members eventually flew over to Beijing. This has not happened to any other government outside Europe and it's not what the Chinese do with any other government. Though there is a very closeness. The German government seems and certainly are the industrial sector things that the Chinese market is of great potential or our exports to China have risen dramatically compared to anything else. There's nothing that actually compares with that. So the German government in Germany and in general perceives and appreciates China from a commercial point of view. First of all, you will remember that 90% of the German public cheered and idolized Barack Obama when he was first elected to the president to become president of the United States. This has cooled down somewhat, probably considerably over the recent spy scandal and the general disappointment that he has not delivered on his promises. So the public was very close to him. As I said, idolizing this new man, this new historical figure in the White House. The Chancellor herself was never really close with the president. There is, there doesn't seem to be any empathy between the two. No camaraderie. They are polite. They are professionals. But in terms of the chemistry thing, this is not something Merkel develops easily, but certainly US President Obama doesn't develop chemistry with other world leaders easily. I don't know if he has a close social relationship with anybody in the realm of politics. So the point is we have a stable relationship. Unfortunately, we also have some stable of anti-Americanism. Whenever there's a major dispute and the NSA spy scandal is a major dispute, this anti-Americanism is easily to be mobilized. And this needs to be managed carefully. But as I say, for a lot of Germans, my little worries, they're disappointed with Barack Obama.