IBOV 171,339.91 ▼ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL5.65▲ 1.19% USD/MXN18.62▲ 0.09% USD/CLP994.23▲ 1.16% USD/COP3,308▲ 0.03% USD/PEN3.40▼ 0.19% USD/ARS1,545▲ 0.03% USD/UYU40.52▲ 3.32% USD/PYG6,185▲ 3.33% USD/BOB11.60▲ 0.86% USD/DOP 60.45 — 0.00% USD/CRC445.25▲ 1.62% USD/GTQ7.65▲ 3.31% USD/HNL26.90▲ 3.30% USD/NIO36.62▲ 2.73% USD/VES902.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.09▲ 2.15% USD/TTD6.71▲ 2.19% EUR/BRL6.24▲ 0.19% BRENT 95.06 ▲ 2.48% WTI 88.14 ▲ 1.86% IRON ORE 161.91 — — COPPER 6.20 ▼ 1.16% GOLD 3,885 ▼ 2.88% SILVER 50.12 ▼ 3.39% SOY 1,221 ▼ 0.67% CORN 443.50 ▼ 1.00% WHEAT 590.00 ▼ 1.58% COFFEE 275.10 ▲ 2.27% SUGAR 18.22 ▼ 1.41% ORANGE JUICE 141.75 ▼ 2.74% COTTON 78.56 ▲ 0.05% COCOA 5,184 ▲ 5.64% BEEF 222.83 ▲ 1.76% CATTLE 330.93 ▼ 0.51% LITHIUM 59.90 ▼ 1.92% PETR4 44.65 ▲ 2.53% VALE3 64.28 ▼ 0.23% ITUB4 41.40 ▼ 0.77% BBDC4 14.20 ▼ 0.91% ABEV3 15.72 ▼ 0.82% BBAS3 15.63 ▼ 7.46% B3SA3 14.74 ▼ 0.41% WEGE3 51.40 ▼ 0.41% PRIO3 63.00 ▲ 2.49% SUZB3 55.21 ▲ 2.62% RENT3 29.37 ▼ 2.88% AZZA3 16.92 ▲ 10.08% CSAN3 2.86 ▼ 5.61% RAIZ4 0.30 ▼ 98.60% PCAR3 2.44 ▼ 3.94% GMAT3 3.88 ▼ 4.90% PSSA3 46.00 ▲ 0.04% CVCB3 0.83 ▼ 3.49% POSI3 3.42 ▲ 3.01% SLCE3 17.95 ▲ 5.28% NATU3 5.39 ▼ 4.09% BRKM5 2.96 ▲ 1.37% RANI3 8.22 ▼ 2.03% CSNA3 4.31 ▼ 4.65% IBOV 171,339.91 ▼ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL 5.65 ▲ 1.17% USD/MXN 18.61 ▲ 0.08% USD/CLP 994.13 ▲ 1.15% USD/COP 3,308 ▲ 0.03% USD/PEN 3.40 ▼ 0.19% USD/ARS 1,545 ▲ 0.03% USD/UYU 40.52 ▲ 3.32% USD/PYG 6,185 ▲ 3.33% USD/BOB 11.60 ▲ 0.86% USD/DOP 60.45 — 0.00% USD/CRC 445.25 ▲ 1.62% USD/GTQ 7.65 ▲ 3.31% USD/HNL 26.90 ▲ 3.30% USD/NIO 36.62 ▲ 2.73% USD/VES 902.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.09 ▲ 2.15% USD/TTD 6.71 ▲ 2.19% EUR/BRL 6.24 ▲ 0.19% BRENT 95.06 ▲ 2.48% WTI 88.14 ▲ 1.86% IRON ORE 161.91 — — COPPER 6.20 ▼ 1.16% GOLD 3,885 ▼ 2.88% SILVER 50.12 ▼ 3.39% SOY 1,221 ▼ 0.67% CORN 443.50 ▼ 1.00% WHEAT 590.00 ▼ 1.58% COFFEE 275.10 ▲ 2.27% SUGAR 18.22 ▼ 1.41% ORANGE JUICE 141.75 ▼ 2.74% COTTON 78.56 ▲ 0.05% COCOA 5,184 ▲ 5.64% BEEF 222.83 ▲ 1.76% CATTLE 330.93 ▼ 0.51% LITHIUM 59.90 ▼ 1.92% PETR4 44.65 ▲ 2.53% VALE3 64.28 ▼ 0.23% ITUB4 41.40 ▼ 0.77% BBDC4 14.20 ▼ 0.91% ABEV3 15.72 ▼ 0.82% BBAS3 15.63 ▼ 7.46% B3SA3 14.74 ▼ 0.41% WEGE3 51.40 ▼ 0.41% PRIO3 63.00 ▲ 2.49% SUZB3 55.21 ▲ 2.62% RENT3 29.37 ▼ 2.88% AZZA3 16.92 ▲ 10.08% CSAN3 2.86 ▼ 5.61% RAIZ4 0.30 ▼ 98.60% PCAR3 2.44 ▼ 3.94% GMAT3 3.88 ▼ 4.90% PSSA3 46.00 ▲ 0.04% CVCB3 0.83 ▼ 3.49% POSI3 3.42 ▲ 3.01% SLCE3 17.95 ▲ 5.28% NATU3 5.39 ▼ 4.09% BRKM5 2.96 ▲ 1.37% RANI3 8.22 ▼ 2.03% CSNA3 4.31 ▼ 4.65%
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Thursday, November 12, 2026

World Europe and Russia

Merz Elected German Chancellor in Historic Second Vote

By · · 2 min read

Friedrich Merz has been elected Germany’s tenth Federal Chancellor after overcoming a dramatic setback in the Bundestag’s first ballot.

As chairman of the Christian Democratic Union (CDU), Merz failed to win the absolute majority on Monday morning, garnering 310 votes-six short of the 316 needed.

That marked the first time in the Federal Republic’s history that a chancellor‐designate with a clear coalition majority has fallen at the initial hurdle.

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Undeterred, Merz’s camp secured a second‐round vote on Tuesday afternoon by fast‐tracking parliamentary procedures with two‐thirds support, including from the Greens and Die Linke-despite the CDU’s previous pledge to shun cooperation with the latter.

Merz Elected German Chancellor in Historic Second Vote.
Merz Elected German Chancellor in Historic Second Vote.
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In the rerun, Merz swept to victory with 325 votes in his favor against 289 opposing, comfortably clearing the 316 threshold in the 630‐seat Bundestag.

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Immediately after the vote, President Frank‐Walter Steinmeier signed Merz’s instrument of appointment at Bellevue Palace.

Later in the day, Bundestag President Julia Klöckner will administer his oath of office, accompanied by the swearing‐in of his cabinet, which features three ministers from Rheinland-Pfalz.

Merz Elected German Chancellor in Historic Second Vote

Merz now heads a grand coalition of CDU/CSU and the Social Democratic Party (SPD), which together hold 328 seats.

The initial revolt against him exposed fissures within that bloc and prompted sharp rebukes from the opposition AfD, whose parliamentary manager Bernd Baumann termed Monday’s defeat a “historic humiliation.”

Merz’s Chancellor Bid Falters, Marks First Initial-Ballot Defeat in Federal Republic History

As chancellor, Merz inherits a host of pressing challenges: reforming Germany’s energy supply amid Europe’s ongoing crisis, revitalizing an economy mired in low growth, and navigating geopolitical turmoil from Russia’s war in Ukraine to transatlantic tensions.

He has already signaled swift measures-such as cutting energy costs and allowing accelerated investment write-offs-to stabilize business sentiment, though he cautions that meaningful gains may lie beyond 2025.

On foreign policy, Merz aims to reinscribe Germany at the heart of Europe’s security architecture, deepen Franco-German cooperation on electricity market integration, and bolster NATO deterrence.

Domestically, he faces the task of limiting the populist nationalist AfD’s rise by addressing migration and social cohesion.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

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