JP Morgan said it aims to establish a $20 bln investment partnership with the Qatar Investment Authority (QIA).

After exit polls in Berlin and Mecklenburg-Western Pomerania showed the far‑right leading in the state vote, Chancellor Merz said the result was a disaster for his CDU, signaling falling public trust in state institutions and introducing new challenges and uncertainty. He said Germany cannot return to the past and must change; he accepted responsibility and said, as party leader and chancellor, he is prepared to push the country forward, which will require resolve, steadiness and patience.

German Chancellor Merz said the result of the Mecklenburg-Western Pomerania state election was a disaster.