Why Elon Musk may be the biggest loser of the Midterms
Elon Musk was not on the ballot in Tuesday’s U.S. midterm elections, but he emerged as one of the biggest losers after Democrats swept to vic...
Austria is basking in the glow of a triumphant Eurovision Song Contest victory, but celebrations have quickly turned to practical concerns over where to host next year’s event and how to pay for it, officials said Sunday.
The country's third Eurovision win came courtesy of 24-year-old operatic pop singer Johannes Pietsch, known as JJ, whose rousing performance of "Wasted Love" clinched victory in Basel, Switzerland overnight. While fans celebrated, government and media discussions immediately shifted to the tens of millions of euros that hosting the contest is expected to cost.
Austria's public broadcaster ORF and the federal government are now locked in negotiations over venue selection and cost-sharing. “We are in intensive discussions with Austrian officialdom,” said ORF Director General Roland Weissmann, who pledged a “transparent process” for choosing the host city.
Vienna, Austria’s capital and largest city, hosted Eurovision in 2015 after Conchita Wurst won in 2014 with "Rise Like a Phoenix", and is widely expected to be a leading candidate again. JJ, who hails from Vienna, has publicly backed the capital as the next host and even suggested that he would like to co-host the show and “fly into the opening ceremony.”
However, the win comes at a difficult moment for Austria’s finances. The newly formed centrist coalition government is dealing with a growing budget deficit, which has exceeded the EU’s 3% threshold, and the country is now in its third consecutive year of economic contraction. Earlier this week, the government unveiled a belt-tightening budget, making the prospect of funding a major international spectacle politically sensitive.
Vice Chancellor and Culture Minister Andreas Babler, appearing on ORF after the contest, confirmed only that “serious discussions” are underway regarding logistics and funding.
While exact costs have not been disclosed, previous Eurovision contests have cost host countries between €25 million and €50 million. The funding structure typically involves a combination of fees from participating broadcasters, host city contributions, and revenue from sponsorships, ticket sales, and public voting.
Still, despite the fiscal concerns, political leaders have reacted with humor and pride. Finance Minister Markus Marterbauer shared a tongue-in-cheek post on Instagram, joking that he had voted for favorite Sweden 3,000 times in an attempt to spare Austria the hosting burden. “It wasn’t enough…” he wrote.
More than a dozen Austrian cities have reportedly expressed early interest in hosting, but ORF officials stressed that no decision has yet been made. A final selection is expected in the coming weeks as budget discussions continue.
For now, Austria celebrates JJ’s victory while preparing for the challenge—and opportunity—of bringing Europe’s biggest music event to the country once again.
Democrat wins surged on Tuesday across the United States with stunning victories in the South Carolina, Texas and Ohio senate races -- traditionally Republican strongholds -- in the 3 November midterm elections.
From international reporting and investigative documentaries to global forums and digital innovation, AnewZ marks two years of connecting Azerbaijan and the wider world.
Democrats captured majorities in both chambers of Congress on Tuesday, scoring sweeping victories that reached into Republican strongholds, with millions of voters delivering a strong rebuke to President Donald Trump.
U.S. President Donald Trump says Washington will end its annual financial and military aid to Israel by the end of 2026, under an agreement he claims to have reached with Israeli Prime Minister Benjamin Netanyahu.
Iranian parliament speaker Mohammad Bagher Ghalibaf says the U.S. must act to prevent war after Tehran sent a “strong and rational response” to Washington. Meanwhile, U.S. forces have reportedly carried out limited strikes against Iranian targets, including Qeshm Island,
Elon Musk was not on the ballot in Tuesday’s U.S. midterm elections, but he emerged as one of the biggest losers after Democrats swept to victory, threatening his political influence and exposing his business empire to greater scrutiny.
Montenegro has moved a step closer to becoming the European Union's next member, with Brussels signalling that the Balkan country could join by 2028, ending more than a decade without EU enlargement.
Thousands of protesters, including students and artists, marched through Prague and other Czech cities on Tuesday as public television and radio workers staged a one-day strike over government plans to cut funding and bring the broadcasters under state budget control.
As oil prices surge amid conflict in the Gulf, energy leaders at ADIPEC in Abu Dhabi are confronting two major challenges: securing global supplies and meeting soaring electricity demand from artificial intelligence.
North Korea fired multiple missiles into the sea off its east coast on Wednesday, South Korea's Defence Ministry said, in Pyongyang's fourth weapons launch in a month.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment