New York has elected a Democratic-Socialist mayor – Zogran Mamdani. Opponents, Republicans led by the president by Donald Trump may use the new mayor's promised socialist experiments to cast a shadow on all Democrats ahead of the midterm congressional elections, which will take place in a year.

New York billionaires were essentially pooling their money to prevent Mamdani from winning – they raised over $40 million for their main opponent's campaign.

But the monetary bet didn't work, and Mamdani gained control of a city with a budget of $115 billion. For comparison, this amount is 2.8 times higher than the international budget assistance that Ukraine received in 2024.

LIGA.net I reread it. CNBC, CNN, Politico, The New York Times, Bloomberg, The Times, The Telegraph, The World and recounts three conclusions that should be drawn from the unexpected victory, which has become the top topic on all Ukrainian social networks.

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