Armin Laschet will lead Angela Merkel's party into September's German election. Reuters
Armin Laschet will lead Angela Merkel's party into September's German election. Reuters
Armin Laschet will lead Angela Merkel's party into September's German election. Reuters
Armin Laschet will lead Angela Merkel's party into September's German election. Reuters

Armin Laschet wins race to lead Angela Merkel’s party into German election


Tim Stickings
  • English
  • Arabic

Armin Laschet won the race to lead Germany’s conservatives into the post-Angela Merkel era on Tuesday after his rival Markus Soeder stepped aside.

Mr Laschet, an affable centrist ally of Ms Merkel, will seek the chancellorship at September’s election as the joint candidate of the CDU/CSU alliance.

But his bruising standoff with Mr Soeder left the bloc in disarray as it battles a buoyant Green party and faces widespread criticism over its handling of the pandemic.

Mr Soeder, who leads the smaller Bavaria-only CSU, had entered the race nine days ago and touted his superior poll numbers to Mr Laschet.

However, he had said he would accept the verdict of the larger CDU, which gave its backing to Mr Laschet at an hours-long meeting on Monday evening.

After talks which stretched into the early morning, Mr Laschet won a 31-9 vote which prompted Mr Soeder to quit the race on Tuesday.

"We will support him without resentment and with all our strength. I can say that for myself personally and I believe also for the CSU," Mr Soeder said.

Mr Laschet’s victory makes him the favourite to become chancellor of Germany when Ms Merkel bows out after 16 years in power.

There was no clear mechanism to resolve the standoff between the CDU and CSU, so the decision ultimately hinged on one backing down.

While Mr Laschet was elected CDU leader in January and had the backing of party executives, some regional CDU branches had broken ranks and announced their backing for Mr Soeder.

Polls had showed Mr Soeder with higher ratings among the public, with one ARD survey finding that 72 per cent of conservative voters saw him as better suited to be chancellor.

However, Mr Laschet is the leader of by far the larger of the two parties and some in the CDU were reluctant to let the CSU hold sway over the alliance.

Only twice before, in 1980 and 2002, has Bavaria’s CSU put forward the candidate for the joint conservative ticket.

On the latter occasion, then-CDU leader Ms Merkel agreed to stand aside in favour of the CSU’s Edmund Stoiber, who went on to lose the election.

Merkel's party faces election battle with Germany's Greens

Polls suggest the CDU/CSU could fall below 30 per cent of the vote at the election, which would be their worst performance in post-war Germany.

The parties’ standing has fallen sharply in recent months amid angry criticism of Germany’s handling of the third wave of the pandemic.

However, they are still on course to be the largest grouping in the next parliament, with the Greens poised to come second.

In contrast to the public battle in the CDU/CSU, the Green party’s two co-leaders decided in private which of them should seek the chancellorship.

The decision in favour of Annalena Baerbock, 40, a former trampolining medallist credited with helping to modernise the party, was announced on Monday.

The CDU, CSU and Greens could potentially form a coalition after the election, an alliance which has happened at state level but not in the federal government.

Alternatively, the Greens could be able to form a majority with the Social Democrats and the pro-business Free Democrats.

Such a coalition would send the CDU and CSU into opposition for the first time since Ms Merkel took power in 2005.

Mr Laschet is seen as a centrist ally of Ms Merkel who would continue her moderate course.

However, as premier of Germany’s most populous state, North Rhine-Westphalia, he has clashed with her over Covid-19 restrictions.

Company Profile

Name: JustClean

Based: Kuwait with offices in other GCC countries

Launch year: 2016

Number of employees: 130

Sector: online laundry service

Funding: $12.9m from Kuwait-based Faith Capital Holding

Manikarnika: The Queen of Jhansi

Director: Kangana Ranaut, Krish Jagarlamudi

Producer: Zee Studios, Kamal Jain

Cast: Kangana Ranaut, Ankita Lokhande, Danny Denzongpa, Atul Kulkarni

Rating: 2.5/5

'Saand Ki Aankh'

Produced by: Reliance Entertainment with Chalk and Cheese Films
Director: Tushar Hiranandani
Cast: Taapsee Pannu, Bhumi Pednekar, Prakash Jha, Vineet Singh
Rating: 3.5/5 stars

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Guide to intelligent investing
Investing success often hinges on discipline and perspective. As markets fluctuate, remember these guiding principles:
  • Stay invested: Time in the market, not timing the market, is critical to long-term gains.
  • Rational thinking: Breathe and avoid emotional decision-making; let logic and planning guide your actions.
  • Strategic patience: Understand why you’re investing and allow time for your strategies to unfold.
 
 
MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

Glossary of a stock market revolution

Reddit

A discussion website

Redditor

The users of Reddit

Robinhood

A smartphone app for buying and selling shares

Short seller

Selling a stock today in the belief its price will fall in the future

Short squeeze

Traders forced to buy a stock they are shorting 

Naked short

An illegal practice  

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

QUARTER-FINAL

Wales 20-19 France

Wales: T: Wainwright, Moriarty. Cons: Biggar (2) Pens: Biggar 2

France: T: Vahaamahina, Ollivon, Vakatawa Cons: Ntamack (2)

Kandahar%20
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Ric%20Roman%20Waugh%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%C2%A0%3C%2Fstrong%3EGerard%20Butler%2C%20Navid%20Negahban%2C%20Ali%20Fazal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%202.5%2F5%3C%2Fp%3E%0A
RESULTS

5pm: Maiden (PA) Dh80,000 1,400m, Winner SS Lamea, Saif Al Balushi (jockey), Ibrahim Al Hadhrami (trainer).

5.30pm: Wathba Stallions Cup Handicap (PA) Dh70,000 1,400m, Winner AF Makerah, Sean Kirrane, Ernst Oertel

6pm: Handicap (PA) Dh80,000 1,600m, Winner Maaly Al Reef, Brett Doyle, Abdallah Al Hammadi

6.30pm: Handicap (PA) Dh90,000 1,600m, Winner AF Momtaz, Antonio Fresu, Musabah Al Muhairi

7pm: Handicap (PA) Dh80,000 2,200m, Winner Morjanah Al Reef, Brett Doyle, Abdallah Al Hammadi

7.30pm: Handicap (TB) Dh100,000 2,200m, Winner Mudarrab, Jim Crowley, Erwan Charpy

Avatar%3A%20The%20Way%20of%20Water
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EJames%20Cameron%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3ESam%20Worthington%2C%20Zoe%20Saldana%2C%20Sigourney%20Weaver%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3.5%2F5%3C%2Fp%3E%0A

 

 

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THE DETAILS

Deadpool 2

Dir: David Leitch

Starring: Ryan Reynolds, Josh Brolin, Justin Dennison, Zazie Beetz

Four stars