Merz Vows to Stay On After CDU's State Election Defeat

Friedrich Merz said he would stay put as German chancellor even after the Christian Democratic Union (CDU) suffered its worst-ever result in a state election, securing just 4.9% of the vote in the state of Mecklenburg-Western Pomerania, according to preliminary results, missing a 5% threshold required to enter parliament. The far-right Alternative for Germany (AfD) won the contest with 38.2%, while the long-dominant Social Democrats (SPD) came second with 35.5%. Bloomberg's Oliver Crook reports from Berlin. (Source: Bloomberg)