Related News

Pete Cannito, Redwire Corporation at the New York Stock Exchange, September 8, 2021. Source: NYSE Some projections estimate the project could cost more than $500 billion over two decades. During

Thomas Fuller | Lightrocket | Getty Images TikTok has agreed to settle with a plaintiff and will no longer be part of a high-profile social media trial kicking off on

Amazon said on Tuesday that it is closing its Fresh grocery and cashierless Go convenience stores as the online retailer backtracks on its foray into brick-and-mortar retail. Amazon said some

California Gov. Gavin Newsom has launched an investigation into TikTok’s content, accusing the social media platform of suppressing content that is critical of President Trump. The probe comes just days

Sheldon Cooper | Lightrocket | Getty Images Pinterest said Tuesday it plans to lay off less than 15% of its workforce and cut back on office space as the company

Chinese officials are reviewing Meta’s $2 billion acquisition of AI startup Manus for possible technology control violations, FT reported on Tuesday. Sopa Images | Lightrocket | Getty Images Meta Platforms

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Germany elections: Merz claims victory for his conservatives, says ‘world isn’t waiting for us’

Word Count: 689 | Estimated Reading Time: 4 minutes


Germany elections: Merz claims victory for his conservatives, says 'world isn't waiting for us'
German conservative CDU candidate for chancellor Friedrich Merz (Reuters Image)

German voters participated in Sunday’s election, with opposition leader Friedrich Merz claiming victory. Exit polls suggest Alternative for Germany (AfD) is heading for the strongest showing for a far-right party since World War II.
The election occurred amidst European challenges, including relations with the Trump administration, the ongoing Russia-Ukraine conflict, and continental security concerns.
“I am aware of the responsibility,” Merz said. “I am also aware of the scale of the task that now lies ahead of us. I approach it with the utmost respect, and I know that it will not be easy.”
“The world out there isn’t waiting for us, and it isn’t waiting for long-drawn-out coalition talks and negotiations,” he told cheering supporters. “We must now become capable of acting quickly again.”
What the projections suggest?
The exit polls and initial counting indicate Merz’s Union bloc garnering approximately 29% support, whilst Alternative for Germany (AfD) secured about 20%, doubling their 2021 performance.
Scholz’s Social Democrats witnessed a significant decline, securing just over 16%. Their coalition partners, the environmentalist Greens, managed to obtain 12-13% of the votes.
Amongst the smaller political entities, the hard-left Left Party showed promise with up to 9% support. The pro-business Free Democrats and Sahra Wagenknecht Alliance struggled near the crucial 5% threshold required for parliamentary representation.
The absence of a clear majority creates uncertainty around Merz’s coalition-building efforts, with the number of potential partners dependent on which parties successfully enter parliament.
‘Open for coalition negotiations‘: AfD’s Alice Weidel
AfD’s candidate for chancellor, Alice Weidel, said that “we have become the second-strongest force.”
She expressed openness to coalition talks with Merz’s party, stating that “otherwise, no change of policy is possible in Germany.” However, Merz and other mainstream parties have explicitly rejected any collaboration with AfD.
The Social Democrats’ general secretary, Matthias Miersch, suggested that the defeat was no surprise after three years of the unpopular government. “This election wasn’t lost in the last eight weeks,” he said.
Meanwhile Chancellor Olaf Scholz acknowledged defeat following exit polls revealing significant losses for his party. He addressed supporters, describing it as “a bitter election result” and “an election defeat” for his centre-left Social Democrats.





Source link

Most Popular Articles