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1.Market Observations, 8.Was Sticky

6 Dec 2016 (TheAge,SMH) – Austria elects independent Alexander Van der Bellen president, rejects the far-right

(6 December 2016, The Age, p14, Anthony Faiola and Michael Birnbaum)

‘The centre-left candidate handily defeated his far-right challenger in Austria’s presidential election on Sunday, boosting the political establishment in Europe as it sought to contain the fallout of Donald Trump’s victory in the United States and thwart the spread of nationalism. The far-right Freedom Party’s Norbert Hofer conceded defeat on his Facebook page less than 30 minutes after polls closed and following projections showing a surprisingly strong lead for Alexander Van der Bellen. The 72-year-old elder statesman and former Green Party politician was winning by 53.6 per cent to 46.4 per cent. Though hundreds of thousands of absentee ballots were set to be counted on Monday, they were expected to heavily favour Van der Bellen.’

Read more at SMH.com.au

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