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Naspers dropped 2%‚ eroding some of Friday's gains when it rocketed more than 6%.

Chancellor Angela Merkel and her rebellious interior minister, Horst Seehofer, reached a compromise on migration at nearly literally the eleventh hour Monday, averting a government crisis for the time being.

German Chancellor Angela Merkel made some concessions on her immigration policies on Monday.

RT spoke to Patzelt, a professor of the Technical University of Dresden, who believes the stand-off within the German leadership may not end with a favorable compromise.

This would have deprived Merkel of her narrow parliamentary majority and forced her to either seek a new coalition partner or call a second election within a year, after scoring poor results in last September's vote.

For the moment, the truce clears an obstacle that was eroding the chancellor's authority at a time when her challenges include a trade conflict with US President Donald Trump, the UK's exit from the European Union and rising populism across Europe.

It was reported that Merkel had believed that the European solution could satisfy CSU's ultimatum, which was due on Sunday, otherwise Seehofer would bypass Merkel to implement a tougher asylum policy.

Relations between the USA and other industrialised powers have turned increasingly tense as Trump has pushed his "America First" stance with punishing consequences for trading partners, irregardless of whether they are allies or adversaries.

Mr. Seehofer and Ms. Merkel have been at loggerheads for two weeks over the minister's insistence that federal police turn back at the border migrants with an open asylum application in another European Union member state. "We want a humanitarian, but also realistic, migration policy", she told a news conference. This likely won't go down well with countries like Italy, which has borne the brunt of migrant arrivals since 2015.

Speaking ahead of an EU summit last week, Merkel - a staunch advocate of EU-wide solutions - said migration could be a "make or break" issue for the union.

Ahead of a hard Bavarian state election in October, the CSU is determined to show it is tough on migration. In talks Monday afternoon, the CDU and CSU could reach a compromise that would enable Seehofer to stay in power, both as CSU leader and as interior minister.

But leaders of the three parties in Merkel's governing coalition failed to reach an agreement on Tuesday evening during a two-and-a-half-hour meeting in the German chancellery.

Bavaria's CSU Prime Minister, Markus Söder, said "we're ready for compromises" and "for us now there is no exit from the government".

The CSU is fighting state elections in Bavaria in October and, under pressure from the far-right, anti-immigrant Alternative for Germany (AfD), is seeking to burnish its own anti-refugee credentials in an attempt to win back voters.

But SPD leader Andrea Nahles warned that "my patience has worn thin".

Christian Lindner, head of the pro-business Free Democrats, accused Merkel of having failed to find a satisfactory solution to the government's refugee policy since the late summer of 2015, when almost 1 million refugees arrived in Germany.


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