THE TELEGRAPH: Shock primary result has sparked panic among New York’s ultra-rich
New York is bracing for an “exodus of billionaires” after the Democrats nominated a staunch socialist as their candidate for mayor.
Zorham Mamdani, a 33-year-old “anti-Zionist”, sent shock waves through American politics on Tuesday when he beat Andrew Cuomo, the former governor, in the Democratic primary, earning him the party’s nomination for November’s mayoral election.
A rank outsider, Mr Mamdani was carried to victory by a wave of young voters who were won over by his radical campaign pledges to freeze rents and introduce free public transport and city-run grocery stores, all of which he pledged would be paid for by hiking taxes on the wealthy. » | Cameron Henderson | Sunday, June 28, 2025
