You can only win the ‘war’ with ideas, not with spending cuts.

The first quarter demonstrates that Siemens' business portfolio delivers strong growth on the combination of innovative solutions, strong presence in growth markets and acquisitions.

Only successful businesses can create and secure jobs.

The U.S. ranks 25th in math and 21st in science. We are woefully behind. The only way to change this situation is through public-private partnerships.

You can only win the 'war' with ideas, not with spending cuts

If you look to the rest of the world, you can roughly add another 3,000,

Nothing is sacrosanct and nothing is carved in stone so nobody should assume that they have the right to live with us for ever.

There will be more cuts in the short term.

We do what needs to be done to achieve our earnings targets,

We do what needs to be done to achieve our earnings targets, ... Only successful businesses can secure and create jobs.