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The CDU in Saxony-Anhalt faces a decision on future coalitions following the election. The question is whether the party will continue to cooperate with The Left.
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The DAX began weakly, weighed down by concerns over the outcome of the state election in Saxony-Anhalt and rising oil prices. German production fell in July, while the ECB anticipates an interest rate hike.
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Heatwaves and wildfires are worsening air pollution from fine dust and ground-level ozone, threatening human health and ecosystems. The World Meteorological Organization (WMO) warns that wildfire smoke could underestimate mortality from PM2.5 particles by up to 93 percent, and extreme events have tripled.
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The World Meteorological Organization (WMO) predicts with almost 100% certainty that El Niño will continue until February 2027. This weather phenomenon, which raises global temperatures, could intensify further and have far-reaching climatic impacts until 2027, including droughts and floods.
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Germany is establishing a virtual analysis space for pseudonymized health data of approximately 74 million statutory insured individuals. The European Health Data Space aims to enable the use of this data for medical research and policy decisions, with data remaining within the center. Future integration of private health insurance data is planned.
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Turkey has raised its inflation forecast for the end of the year to 28.4%. The Middle East war is cited as the main reason for the adjustment, with estimated impacts of around seven percentage points on inflation.
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The AfD was successful in Saxony-Anhalt, though immigration was not the main election issue. Instead, social security, peace, and economic policy were decisive. Voters perceive the party as closer to their concerns and better at solving problems.
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The CDU lost over 19 percentage points in Saxony-Anhalt, achieving only 17.2 percent of the vote. Chancellor Friedrich Merz (CDU) is under pressure following this election defeat.