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Two-thirds of Germans are looking worriedly at the election results in Saxony-Anhalt. Almost half of those surveyed believe AfD top candidate Ulrich Siegmund should be elected Minister-President. Three-quarters believe a critical stance towards the federal government's social reforms is deserved.
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AI-generated
Goldman Sachs experts anticipate oil prices could rise to $120 per barrel. This forecast is due to the tense situation in the Strait of Hormuz, which has reduced shipping traffic to its lowest point since May.
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AI-generated
The governing parties CDU and SPD are grappling with a strategy following the election results in Saxony-Anhalt. The CDU leadership is attempting to deflect discussions about Chancellor Friedrich Merz's future, while the SPD is struggling with its planned social reforms and facing calls for personnel changes.
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Politician Bas described rhetoric suggesting employees must work more and longer, and be less sick, as harmful and unsettling. Chancellor Merz had previously made similar statements, but was not named by Bas.
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Germany's AAA credit rating is under pressure due to rising government debt. Bundesbank President Nagel warns of a challenge for the government to maintain this status. Interest rates on federal bonds have increased, and experts see the rating endangered by defense spending.
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Following the election results in Saxony-Anhalt, business associations are urging the federal government to implement economic reforms. They emphasize the need for a clear course to strengthen Germany's competitiveness and warn against political stagnation and negative consequences for the business location.
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US President Donald Trump proposed renaming the state of New Mexico to "New America" on his platform Truth Social. Governor Michelle Lujan Grisham rejected the proposal, calling it a distraction.
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China is providing 46.1 billion Euros to state banks and insurers to strengthen their balance sheets. The funds aim to improve lending capacity and the ability to support the economy.
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Following the state election in Saxony-Anhalt, leading CDU politicians have ruled out a debate about party leader Friedrich Merz. They instead call for an acceleration of the federal government's reform course. SPD politicians criticized the course and Merz's rhetoric.
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