German voters shift to the right in Sunday’s elections

单集文稿 ...

• 00:03

  Good morning from the Financial Times.

• 00:05

  Today is Monday, February 24th, and this is your FT news briefing.

• 00:11

  Germany's center right came out on top in yesterday's election.

• 00:14

  And all the political uncertainty in the US is starting to take a toll on Wall Street.

• 00:20

  Plus, we'll take a look at how Beijing is getting creative at hiding its U.S.

• 00:25

  treasury holdings.

• 00:27

  I'm Kasha Bresalian and here's the news you need to start your day.

• 00:39

  Germany's Christian Democratic Union, or the cdu,

• 00:42

  won the most votes in yesterday's federal elections.

• 00:46

  Early results showed the center right party winning just below 30% of the ballotsich gewernen.

• 00:56

  That means the CDU's leader, Friedrich Merch, is set to become Germany's next Chancellor.

• 01:01

  But he'll need to team up with at least one other party for a working majority.

• 01:13

  Merz has said he won't govern with the number two party.

• 01:15

  The far right Alternative for Deutschland, or AfD,

• 01:18

  had its best night ever, came in with about 20% of the vote.

• 01:23

  Instead, Merz will probably look to the center left.

• 01:25

  Social Democrats who finished third.

• 01:33

  US Stocks had their worst day in two months on Friday.

• 01:37

  It came on the back of some pretty gloomy economic data.

• 01:41

  And the move cuts into the perceptions that Wall street has been doing great ever

• 全部文稿