Businesses like CDU leadership contender Friedrich Merz. He is German chair of the world's biggest wealth manager, BlackRock. But that could spoil his political ambitions.
The sheer scale of BlackRock's finances makes its influence on the world unlike that of any other company. Now one of its board members in Germany, Friedrich Merz, wants to succeed Chancellor Angela Merkel.
Germany's largest party has elected Chancellor Merkel's close ally Annegret Kramp-Karrenbauer as its next leader. The party now desperately needs her to shake it up, writes DW Editor-in-Chief Ines Pohl.
The moderate pragmatist with the double-barreled name beat out Merkel critic Friedrich Merz in a second-round runoff to take over from the chancellor as party leader. For Merkel herself, it was a late-career victory.
Riding high in opinion polls, Christian Democrats are meeting this weekend to choose Angela Merkel's successor. Party leadership is often a springboard to the chancellorship, and whom to choose will be a tricky decision.
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