The center-right Christian Democrats won the most votes in Germany’s election, and the US stock market had its worst day in two months on Friday. Britain and India will relaunch talks on a long-awaited trade deal, plus, China’s holdings of US Treasuries have fallen to their lowest level since 2009. 

Mentioned in this podcast:

Friedrich Merz set to become Germany’s next chancellor, exit polls say 

US stocks post worst slide in two months on gloomy economic data

China’s holdings of US Treasuries fall to lowest level since 2009

UK and India relaunch trade talks in bid to boost investment opportunities

Decaffeinated Brazilians blame Lula for surging cost of morning brew

Credit: @casaljb_brasil/Instagram

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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