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Alternative for Germany wins its first regional election

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Alternative for Germany wins its first regional election

The Alternative for Germany has won elections in the eastern region of Thuringia, the first time a far-right party has secured victory in a state poll in the country’s postwar history.

According to preliminary results, the AfD garnered 32.8 per cent in Thuringia, way ahead of all other parties. The centre-right Christian Democratic Union (CDU) was in second place with 23.6 per cent.

In the neighbouring state of Saxony, projections by public broadcaster ZDF put the two parties neck and neck, with the CDU projected to win 31.9 per cent and the AfD to come second with 30.6 per cent.

Tino Chrupalla, the AfD’s co-leader, described the party’s result in Thuringia as “sensational”. 

“One thing is clear: the will of the voters is that there should be political change, both in Saxony and in Thuringia,” he said. “If you want to do credible politics, you won’t be able to do it without the AfD.”

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The results are a disaster for the parties in chancellor Olaf Scholz’s three-way coalition, with the Social Democrats, Greens and liberals all predicted to sink to single-digits in both states.

In Thuringia, the SPD had its worst result in a regional election in postwar German history, scoring just 6.1 per cent.

They reflect mounting voter frustration among East Germans with a government many associate with high inflation, economic stagnation, surging energy costs and constant internecine squabbling.

But they also show how voters are increasingly abandoning the centre ground for populist parties on the political margins.

Omid Nouripour, the Greens’ co-chair, described the election as a “turning point”.

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“People from the world of culture, people with immigrant roots, people who go to Gay Pride are really scared,” Nouripour said. “We have to stand together with them and defend democracy.”

The AfD is not the only beneficiary of the East Germans’ anger: they also voted in large numbers for a new far-left party, the Sahra Wagenknecht Alliance (BSW), which won 15.8 per cent in Thuringia and was projected by ZDF to win 11.8 per cent in Saxony.

Voters were attracted to both the AfD and BSW by their opposition to the war in Ukraine. Both parties have heavily criticised German weapons supplies to Kyiv, as well as western sanctions against Russia, and called for negotiations to bring about an end to the fighting.

The result has shown that 34 years after German reunification, a majority of people in two regions of the former communist east of the country are deeply disillusioned with the mainstream parties of the centre and frustrated with the way Germany is run.

Sahra Wagenknecht, left, and Katja Wolf, centre, of the far-left BSW, react to the first exit polls © Tobias Schwarz/AFP/Getty Images

Despite its stunning performance in Thuringia, the AfD will not be able to form a government there. Since no other party will co-operate with it, it will not enjoy the parliamentary majority needed to rule.

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The AfD, which was formed 11 years ago by economists angry at the Eurozone bailouts, has morphed into a hardline, historically revisionist nationalist party vehemently opposed to immigration.

Germany’s domestic intelligence agency has designated the party’s local Saxon and Thuringian branches as “rightwing extremist”.

In Thuringia the party is led by Björn Höcke, an ethno-nationalist who has been fined twice by local courts this year for using banned Nazi slogans in speeches to supporters. 

It could prove difficult to form viable coalitions without the AfD, however. For the CDU to govern in Thuringia, for example, it might have to team up with the BSW, an option that would be hard to swallow for many in the centre-right party. 

Wagenknecht, a former communist who many see as an apologist for Russian President Vladimir Putin, has made changing Germany’s policy on Ukraine a precondition for any coalition talks.

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She said her voters wanted to see “a different foreign policy in Germany”.

“They want to achieve more peace, more diplomacy, and that’s our condition for [joining] a government,” she said on ZDF.

That has triggered outrage in the CDU, which has been steadfast in its support for Ukraine and has pressed the Scholz government, already the second-largest provider of military assistance to Kyiv after the US, to supply even more weapons.

Höcke has taken a similar position to Wagenknecht, saying in his campaign speeches that the AfD was against Germany “being dragged into a war with Russia by some wacko western elites”.

But it might even prove impossible for the CDU to form a government with the BSW. Analysis by ZDF showed that even a three-way coalition between the CDU, BSW and the Social Democrats would be one seat short of a majority in the 90-seat Thuringian parliament. 

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The election campaign was also overshadowed by the August 23 terror attack in the west German town of Solingen, when a man fatally stabbed three people and injured eight others. The man, a Syrian national suspected of being a member of Isis, was arrested a day after the attack after handing himself in to police.

Both the AfD and BSW seized on the incident to claim that uncontrolled immigration had led to a surge in violent crime on German streets and to demand that asylum-seekers who have committed crimes be deported.

The disastrous performance of the three parties in Scholz’s coalition — the SPD, Greens and liberals — has led to speculation that one of them might withdraw from the government, triggering snap elections.

But experts say such an outcome is unlikely. All three are polling so badly nationwide that there is little appetite to face voters ahead of the next scheduled election in the autumn of 2025.

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Palisades and Eaton Fires May Not Be Fully Extinguished for Weeks

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Palisades and Eaton Fires May Not Be Fully Extinguished for Weeks

It may take weeks or longer for firefighters to fully extinguish the two most destructive fires that have ravaged parts of the Los Angeles area, fire officials warned.

The sheer sizes of those blazes, the Palisades and Eaton fires, have presented a significant challenge. They have charred almost 40,000 acres combined and are still only partly contained.

Difficult weather conditions have also hindered efforts. David Acuna, a battalion chief with Cal Fire, said the persistence of strong winds, and the fact that fires were burning through homes, which can generate intense heat, made containment impossible when the blazes first ignited.

Crews have been trying to establish a boundary around the fires, using trenches, natural barriers and other methods to prevent further spread. But Capt. Erik Scott, a spokesman for the Los Angeles Fire Department, said, “It’s going to be a slow, arduous process.”

The emergence of smaller fires over the last week has further complicated efforts. Of particular concern was the Auto fire in Ventura County, northwest of Los Angeles, which grew to more than 50 acres before being contained. Officials worried about it breaking free again in windy conditions.

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These fires have required an immediate response from both air and ground crews to prevent them from growing, Mr. Acuna said, which diverts resources from the larger blazes.

Stopping the fires’ forward progress is only the first step. Firefighters must also extinguish all remaining flames inside the contained area.

Mr. Scott said this second part of the process would also take time. Among other steps, he said, firefighters need to use hand tools to scrape away brush near the burn perimeter and turn over smoldering piles to ensure nothing is hot enough to reignite.

These timelines are not unusual for large fires. In 2018, the Woolsey fire burned through nearly 100,000 acres in Los Angeles and Ventura counties, destroying over 1,600 structures. The fire ignited in early November and was not contained for two weeks. And it took until early January for the fire to be fully extinguished.

The Santa Ana winds that have repeatedly raised the fire danger over the last week have so far proven lighter than anticipated on Tuesday, but forecasters warn that wind speeds could increase on Wednesday. The region remains critically dry, with little rain expected in the near future. The combination of those elements is threatening to ignite more fires across Southern California, and could further hinder firefighters’ efforts.

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Erin McCann contributed reporting.

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Top BlackRock executive Mark Wiedman to depart

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Top BlackRock executive Mark Wiedman to depart

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Top BlackRock executive Mark Wiedman is departing, in a move that disrupts the asset manager’s planning for the eventual departure of founder Larry Fink, according to four people close to the company.

Wiedman had been widely discussed as a potential successor to Fink for more than a decade and had recently been one of the $11.5tn asset manager’s most prominent public faces as the head of its client business.

BlackRock’s board described him in as a regulatory filing last year as one of three “senior leaders who we believe will play critical roles in BlackRock’s future” as it granted him a special retention package.

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However, Wiedman, who led the integration and rapid growth of BlackRock’s flagship index and exchange traded fund business, has opted not to wait around. His departure is expected to be announced very shortly, the people said. He is forfeiting $8mn in stock options, according to the proxy.

Wiedman’s departure comes after the world’s largest asset manager embarked on a $28bn acquisition spree last year to bulk up its footprint in the fast-growing and lucrative alternative assets sector. The strategic moves not only put pressure on Fink, 72, to personally oversee their success, but also brought in a clutch of high-powered and high-paid executives who need to be carefully managed.

Fink, who has led BlackRock since its 1988 founding, is very popular with investors and is among the most influential figures in finance. But analysts and some within the firm have begun expressing concerns whether the slow pace of succession planning will drive the next generation of top talent to start going elsewhere. BlackRock president Rob Kapito, 67, is also a founder of the firm.

BlackRock declined to comment.

Wiedman is leaving almost exactly a year after Salim Ramji, another executive who was also once touted as a potential leader. Ramji became chief executive of Vanguard, BlackRock’s chief rival in the US and the world’s second-largest asset manager. Several other lower-ranking executives have also left in the past few years to take leadership jobs at smaller firms, including Daniel Gamba to Northern Trust and Zach Buchwald to Russell Investments.

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After Ramji left, the group touted its strong stable of current leaders, including Wiedman and two other executives who also received special option grants: chief operating officer Robert Goldstein and chief financial officer Martin Small.

“BlackRock is proud to have a record of our firm’s alumni going on to lead multiple investment management companies and financial institutions,” it has previously said.

A senior Wall Street figure with knowledge of the situation said “Larry [Fink] and Rob [Kapito] are not going anywhere. They just made a major acquisition and you have to see that through, [but] Wiedman is at an age where if he doesn’t make a move, he ages out of being a CEO.”

A lawyer by training, Wiedman joined BlackRock in 2004 after stints at the US Treasury and McKinsey. He started BlackRock’s financial markets advisory consulting arm, which helped central banks and government agencies dig through the rubble of the 2008 financial crisis.

Wiedman negotiated the 2009 purchase and integration of Barclays Global Investors, the deal widely seen as the most important in BlackRock’s history. He then headed up the resulting iShares business from 2011 to 2019 as it developed into a juggernaut in index and ETFs.

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Keenly interested in talent development, Wiedman recruited or promoted many of BlackRock’s top executives, including Small and Rachel Lord, who heads the international business.

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World News Live Today January 15, 2025: Donald Trump says to create new department to collect revenue from foreign sources on inauguration day

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World News Live Today January 15, 2025: Donald Trump says to create new department to collect revenue from foreign sources on inauguration day

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World News Live: Get real-time updates on international politics, economic changes, conflicts, and environmental issues. Access the latest breaking news and in-depth stories as they happen, keeping you informed of events shaping the world.

Latest news on January 15, 2025: Trump did not specify whether the new agency would replace collections of tariffs, duties, fees and fines by US Customs and Border Protection.

World News Live: Welcome to our World News live blog, your go-to source for instant updates on major events across the globe. Whether it’s political shifts, economic trends, environmental crises, or international conflicts, we deliver real-time reports to keep you informed and engaged with the latest global developments. Disclaimer: This is an AI-generated live blog and has not been edited by Hindustan Times staff.…Read More

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Jan 15, 2025 12:30 AM IST

US News Live : Donald Trump says to create new department to collect revenue from foreign sources on inauguration day

  • Donald Trump said in a social media post he would create the department on January 20, the day he takes office as president for a second term

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Jan 15, 2025 12:15 AM IST

US News Live : Speaker Johnson orders US Capitol flags raised to full height for Donald Trump’s inauguration

  • The Republican leader’s decision means that President-elect Donald Trump will not take the oath of office for his second term under a half-staff flag

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