live Oil prices fall as Iran vows retaliation over U.S. sanctions
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concer...
Berlin, February 17, 2025 – Following Sunday's general election, conservative leader Friedrich Merz is working to establish a new coalition government within eight weeks, according to local media reports.
Bild newspaper reported that Merz initiated informal preliminary talks by contacting Social Democratic Party parliamentary group leader Lars Klingbeil on Sunday night, signaling an eagerness to explore coalition possibilities.
The Christian Democrats (CDU/CSU) emerged as the clear winner with 28.5% of the vote, yet they fell short of an absolute majority necessary to govern alone. In response, Merz has ruled out any coalition talks with the far-right AfD, which secured 20.8% of the vote—their best performance to date—citing fundamental differences on democratic principles and key policy issues.
Despite the Social Democrats receiving only 16.4% of the vote, their party is seen as a potential coalition partner. Media reports suggest that a CDU/CSU-SPD alliance would command 328 seats in the Bundestag, exceeding the 316 seats required for a majority. Informal discussions among top party officials have reportedly begun ahead of the upcoming Easter holiday, with plans for formal exploratory talks to start on or after March 6. This delay is partly attributed to regional elections taking place in Hamburg this weekend.
Merz has indicated that his goal is to have a new coalition government in place by mid-April, a timeline that would ensure continued political stability as the country transitions from the election period. As coalition negotiations progress, the focus remains on securing a stable majority while upholding democratic values and addressing key policy challenges.
Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Ukrainian President Volodymyr Zelenskyy has rejected calls for a wartime election, arguing that holding a vote while Russia's full-scale invasion continues would divide the country and undermine national unity.
Britain and France have pledged stronger military support for Ukraine, including access to classified technology for Storm Shadow missile production and faster deliveries of air defence missiles.
France and Saudi Arabia have agreed on plans for a $7 billion manga-themed amusement complex near Paris, inspired by the hugely popular Japanese franchise Dragon Ball Z.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 25th of August, covering the latest developments.
The United States has formally removed Syria from its list of state sponsors of terrorism, ending a designation that had been in place for nearly five decades and marking a major step in Washington's efforts to rebuild relations with the country's new leadership.
The Trump administration has announced plans to revoke the temporary visitor visas of foreign nationals who entered the United States on tourist or business visas and later sought asylum, marking the latest expansion of Washington's immigration enforcement policies.
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