Far Right's Hofer Defeated in Austria Election
Austria’s anti-immigrant candidate, Norbert Hofer, has failed in his bid to become the country’s first far right leader since World War II, in an election seen as a test for the strength of populist movements in Europe.
The former aeronautical engineer, who campaigned on an anti-establishment, anti-immigrant, anti-EU platform, conceded defeat to his environmentalist opponent, Alexander Van Der Bellen, who ran as an independent.
Media projections said Van der Bellen won with 53.3% of the vote, compared to Hofer’s 46.7%, a victory that Van der Bellen said is a “signal of hope and change” to “all the capitals of the European Union.”
Hofer had been poised to become the EU’s first far-right leader, as unease became evident in the country in the wake of a migrant crisis that has seen tens of thousands of Muslims seek asylum in Austria.
In Vienna on Sunday night, Hofer went before reporters at the city’s Hofburg Palace and pledged to keep up his efforts to ensure that the more than 46% of Austrians who voted for him were not ignored. “We are not done,” he said.
Trump Issues New Warning to US Corporations Moving Jobs Overseas
U.S. President-elect Donald Trump sternly warned American businesses again Sunday that if they move their operations overseas they would face a 35 percent tax if they then try to sell their products back in the United States.
In a series of Twitter comments, Trump said he plans to "substantially reduce" taxes and regulations on businesses. But he said that any company that "fires its employees, builds a new factory or plant" in another country "and then thinks it will sell its product back into the U.S. without retribution or consequence, is wrong!"
The billionaire real estate mogul, who assumes power January 20, said the border tax on products manufactured in other countries "will make leaving financially difficult.... Please be forewarned prior to making a very expensive mistake!"
The U.S. has lost 5 million manufacturing jobs since 2000, many to automation and some to overseas locations where company owners are paying workers substantially less than they have been in the United States. But in his lengthy campaign for the White House, Trump vowed to curb the corporate departures and to bring back jobs that have already been moved overseas.