Balance of Power: Germany’s Iron Chancellor Looks Vulnerable

Deutsche Bank's Slok on Takeaways From Trump's Asia Trip
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Over her 12 years as German chancellor Angela Merkel has become Europe’s preeminent leader, shaping the bloc with pragmatic policies as she tackled the financial crisis, Russian aggression and a historic influx of migrants.

But signs of trouble are emerging at home after a lackluster election campaign left her struggling to piece together a coalition to take power for a fourth term.