2026-04-13
12 分钟Good morning from the Financial Times.
Today is Monday, April 13th, and this is your FT News Briefing.
A new era dawns in Hungary after voters oust their strongman prime minister in a landslide election.
Plus, oil prices jump as the U.S. Vows to block Iranian ports.
And Wall Street's biggest banks are expected to report a banner first quarter this week.
This is set to be one of the record quarters.
And that's because there has been so much volatility from the start of the year.
I'm Victoria Craig, and here's the news you need to start your day.
Hungarians handed their longtime leader Viktor Orban a crushing defeat in Sunday's election.
In a speech, Orban conceded that the election results are painful,
but thanked his supporters and congratulated the opposition.
The prime minister's concession came after just more than half the ballots were counted.
But the victory for his rival, Peter Maggiar, was decisive.
It left him with a clear majority in parliament after voters turned out in record numbers
at the end of a bitterly contested race.
Our correspondent Martin Dunai is in the capital, Budapest.
He spoke to me from a rally just after the opposition leader claimed victory.
I started by asking him what the mood was like on the ground.
The mood is difficult to describe.
It was electric.