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Hungary’s New PM Magyar Picks Karman to Lead Fiscal Recovery

Hungary’s state-heavy ‘Orbánomics” is officially over. Enter Péter Magyar, who wishes to ‘mend relations’ with the EU.

Now that Péter Magyar has taken office as Hungary’s new prime minister, he will look to András Karman, his nominee for finance minister, to execute a rapid fiscal pivot, dismantling 16 years of state-heavy “Orbánomics” and restoring investor confidence in the Central European hub.

Real GDP is expected to grow by 1.7% to 2.3 % this year, with average consumer prices rising 3.8% and the unemployment rate at 4.2%, according to the International Monetary Fund’s April World Economic Outlook.

The outgoing government of Viktor Orbán did not give Karman much to work with, as the first-quarter cash-flow deficit reached 3.4 trillion forints ($11.3 billion). At 80% of the full-year target, leaving the incoming administration with negligible fiscal headroom.

“[Former Prime Minister Viktor] Orbán has always regarded fiscal order as equal with neoliberal ideology or austerity attitude, or ‘something the Left does in office,’” says Péter Ákos Bod, professor emeritus in the Department of Economic Policy at Corvinus University of Budapest and former governor of the Central Bank of Hungary.

Path to Stabilization

Growth is picking up after a three-year post-pandemic stall. Fitch Ratings now projects GDP to rise by 2.3% this year and 2.6% in 2027, driven by a rebound in domestic demand and heavy investment in the auto and battery sectors.

However, fiscal risks persist. While inflation is cooling toward 3.5%, the deficit widened to 5% last year and is expected to hit 5.6% in 2026. This “fiscal slippage” led Fitch to issue a negative Sovereign Outlook in December, signaling the narrow window Karman has to stabilize the books.

A life-long banker, Karman’s immediate task will be to free approximately €17 billion in EU Cohesion Funds and a Recovery and Resilience Facility, which have been frozen since late 2022.

“While the funds ostensibly hinge on meeting 27 ‘super milestones’ around judicial independence, anti-corruption, and procurement transparency,” said Sili Tian, a Central and Eastern Europe analyst at the Economist Intelligence Unit. “We expect a relatively quick disbursement as Mr. Magyar seeks to quickly mend relations with the EU.”

That may be difficult to achieve, he said, as many Orbán loyalists are entrenched across the bureaucracy, the tax authority, the judiciary, and Hungary’s largest enterprises, some with tenure into the 2030s.

Longer-term goals, such as exiting the EU’s Excessive Deficit Procedure, will require Hungary to reduce its budget deficit and its debt-to-GDP ratio. The process will likely take longer than the incoming government’s four-year term.

Justin Keay contributed to this article.

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Arizona picks Biden for Democrats’ first win in 24 years

Joe Biden was declared the victor in Arizona on Tuesday, making him just the second Democratic presidential candidate in the last 72 years to win in a state that long embodied the bedrock conservatism of Republicans such as Barry Goldwater.

The former vice president’s triumph over President Trump, called by the Associated Press, reflected a political shift similar to that in other states in the Southwest, as growing numbers of Latinos and college-educated suburban voters are making Democrats ascendant.

The last Democrat to win Arizona was Bill Clinton, in his 1996 reelection race. He was the first since Harry S. Truman in 1948.

In 2016, Trump notched a narrow 91,000-vote advantage in Arizona over Hillary Clinton. But demographics and his broad unpopularity caught up with the party that sent Goldwater and then John McCain to the Senate and helped make both men Republican presidential nominees, in 1964 and 2008, respectively.

“We forever were this bastion of Goldwater conservatism, and that still lives on in the vast rural stretches of the state,” said Michael O’Neil, a veteran Arizona pollster. “But 83% of the people here now live in urban and suburban areas. And they are trending Democratic. Arizona looks like the next Virginia: once a consistently red state that goes purple for a very short time and then ends up solidly blue.”

Like voters elsewhere, Arizonans turned out in big numbers, logging almost as many votes as the 2.5 million cast in 2016 even before polling places opened Tuesday.

Analysts said Biden’s centrist approach — promising a return to normalcy after four years of disruption under Trump, and a national effort to control the COVID-19 pandemic — appealed in particular to suburban women. That moderate stance also described Democrats’ Senate candidate, Mark Kelly, the former astronaut and husband of former Rep. Gabby Giffords. Kelly beat Republican Sen. Martha McSally, a Trump loyalist appointed to the seat in 2019.

Democrats maintained a solid lead in the mail-in ballots returned ahead of election day. Republicans normally would have been able to make up that deficit with election day voting in Maricopa County, which includes Phoenix and accounts for more than 60% of the state vote. But the county has steadily gained more Democratic-leaning voters.

Statewide, “Republicans were turning out significantly below Democrats with new voters, and it really made a significant difference this time,” said Chuck Coughlin, who helps run a Republican-leaning political consulting firm. Many Arizonans seemed to be looking for non-ideological, pragmatic candidates, he said, “and people want to believe that about Biden, along with Kelly.”

Kelly’s victory gives Democrats both of Arizona’s Senate seats for the first time since 1953.



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Rams 2026 NFL draft: A close look at their picks so far

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Ohio State tight end Max Klare speaks during a new conference at the NFL scouting combine in February.

Ohio State tight end Max Klare speaks during a new conference at the NFL scouting combine in February.

(Eric Gay / Associated Press)

6 feet 4, 246 pounds | Ohio State | Round 2, Pick 61

Notable: Klare began his career at Purdue and played three seasons for the Boilermakers before transferring to Ohio State.

Last season: Klare caught 43 passes for 448 yards and two touchdowns for the Buckeyes, who finished 12-2.

Why the Rams drafted him: McVay at times used a tight-end heavy offense during the latter part of last season, so the Rams need reinforcements for a position group that includes veteran Tyler Higbee, Colby Parkinson, Davis Allen and Terrance Ferguson. Higbee is at the far end of his career and Parkinson is in the final year of his contract, and none of his salary is guaranteed, according to Overthecap.com.

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Chargers 2026 NFL draft: A close look at their 3 picks so far

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Florida center Jake Slaughter gets set during a game against Kentucky in 2024.

Florida center Jake Slaughter gets set during a game against Kentucky in 2024.

(Gary McCullough / Associated Press)

6-4, 303 pounds | Florida | Round 2, Pick 63

Notable: Slaughter was a finalist for the 2025 Rimington Trophy, awarded to the top center in college football. He was a two-time All-American and three-year starter at Florida.

Last season: Slaughter, 23, ranked 18th among FBS centers in pass block grade (84.1) and third in run block grade (80.2) in 2025, per Pro Football Focus. Over 748 snaps last season, he allowed four total pressures, one sack and one hit on his way to earning All-Southeastern conference honors.

Why the Chargers drafted him: Despite Slaughter playing as a center in college, the Chargers are confident he can compete with Trevor Penning for a starting job at left guard. The Chargers like his versatility at both guard positions and center, offering them a potential starter at either position and much-needed depth. After last season’s struggles to protect quarterback Justin Herbert in the wake of injuries to Rashawn Slater and Joe Alt, it makes perfect sense Harbaugh and general manager Joe Hortiz would use a Day 2 pick to extend their flexibility on the offensive line.

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101 best book club picks, including mystery, romance and literary fiction

Dishing about what you’re reading is one of life’s greatest pleasures. Even better if your audience has read the same book. Reading with others also provides space to deepen community, ignite conversations and share moments of joy. Los Angeles needs that more than ever right now as we continue to shoulder a heavy 2025 marked by fires and ICE raids. But how to choose a book to get started? The best books to read in groups inspire a dialogue. They have sparkling prose and unshakable narratives. These were the guiding factors for compiling our recommendations for all kinds of readers.

We surveyed 200-plus luminaries in the book and journalism worlds to make this in-depth list. The voters included prizewinning authors, indie bookstore owners, a Man Booker Prize judge, Ivy League professors, literary agents, lauded journalists and several zealous book club members. To ensure an especially varied selection, the editors gave a final curatorial pass.

The list includes 10 categories for every type of reader, whether you reach for literary fiction or romance. We also crowned an “Ultimate Book Club Pick,” which is the title that received the most votes out of all the books by a landslide, and happens to be eerily prophetic (find it among the “Make-Believers” selections). Of course, we couldn’t include every worthy book. Let us know your picks and pull up a chair next to us. Why not read together?
Sophia Kercher

If you buy books linked on our site, The Times may earn a commission from Bookshop.org, whose fees support independent bookstores.

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2026 NFL mock draft: 27 reporters make their first-round picks

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One quarterback will go in the first round of the NFL draft, but he won’t have to wait long to hear his name.

And five Ohio State players will go in the opening round, including three in the first seven picks.

That’s how this year’s beat-writer draft unfolds, at least. For more than two decades, the Los Angeles Times has turned to reporters who cover NFL teams on a daily basis to make their selections.

This year’s version is heavy on edge rushers, light on quarterbacks, and has two running backs as bookends at the beginning and end of Thursday night’s first round, which for the first time is taking place in Pittsburgh.

🚨 The NFL reporters’ mock draft begins at 9 a.m. PDT, with the Las Vegas Raiders on the clock at No. 1.

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Venezuelan National Assembly Picks New Attorney General, Ombudswoman

The new officials were backed by a large majority of the legislature. (Archive)

Mérida, April 14, 2026 (venezuelanalysis.com) – The Venezuelan National Assembly (AN) appointed Larry Devoe as the new Attorney General and Eglée González Lobato as the Ombudswoman during an ordinary session on Thursday, April 9.

The appointments were the result of a parliamentary selection process in the wake of the resignations of Tarek William Saab and Alfredo Ruiz, who previously held the positions, in February. The new officials will assume their roles immediately.

The National Assembly finalized the appointments following the review of a list of 71 candidates for Attorney General and 61 for Ombudsman. According to official reports, the selection focused on technical and academic backgrounds, while multiple deputies spoke of the need to select “consensus” candidates.

Devoe is a lawyer who has held various legal and diplomatic positions within the Venezuelan government, having served as the Executive Secretary of the National Human Rights Council. In recent years, he represented Venezuela before the United Nations (UN) and the Organization of American States (OAS) on human rights matters.

Devoe had taken over the Attorney General post on an interim basis following Saab’s resignation. Saab had served as the country’s top prosecutor since 2017. Following his appointment and swearing-in, Devoe used his official channels to vow that his office would be committed to “defending human rights” and “protecting our people.”

For her part, new Ombudswoman González is also an attorney and a university professor specializing in Administrative Law at the Central University of Venezuela (UCV).

She served as the Director of the UCV’s Democracy and Elections Chair and has worked as an institutional and electoral analyst. The parliamentary nominations committee highlighted González’s academic background and experience in human rights as primary factors for her selection to replace Ruiz.

Devoe and González were ratified on the posts with the approval of 275 of 285 National Assembly deputies, receiving the endorsement of the ruling Socialist Party (PSUV) and allies, as well as part of the opposition.

González, who has been identified as representing a sector of the moderate opposition, was proposed by David Uzcátegui from the Fuerza Vecinal party. Devoe’s candidacy was put forward by the PSUV.

Addressing the chamber, National Assembly President Jorge Rodríguez emphasized the importance of reaching political agreements and “respecting differences.”

The right-wing Libertad faction opposed the appointments, with legislator Henri Falcón stating that the appointees did not meet “autonomy and democratic plurality” criteria.

“In the past, the institutions have been used as politically partial spaces and ideological trenches,” stressed Falcón, a former presidential candidate.

The renewal of the Attorney General and Ombudsman’s Office coincides with the processing of thousands of amnesty requests currently under review by judicial authorities. According to the National Assembly, the Amnesty Law approved in February has benefited more than 8,000 beneficiaries in less than two months.

“The economy is the most important thing”

Parliamentary leader Jorge Rodríguez stressed the importance of “dialogue” among different political factions and working to “strengthen” state institutions in a recent interview with Spanish daily El País.

“We are rapidly pushing for changes so that people feel the country’s democratic institutions are functioning properly,” he stated.

When asked about the possibility of holding elections, Rodríguez argued that the country’s economy is “the most important thing right now.”

Since January, the Venezuelan legislature has fast-tracked a number of important new laws with support from the acting Delcy Rodríguez administration, including pro-business reforms to the country’s hydrocarbon and mining frameworks.

“The Venezuelan economy needs to gain enough momentum so that the population feels this entire process was worth it,” he added, in reference to the January 3 US bombings and kidnapping of President Nicolás Maduro which Rodríguez described as a “traumatic event.”

The Venezuelan official went on to argue that “there is much work to be done” ahead of an eventual electoral process, including the selection of an electoral authority that all political organizations can “trust.”

Edited by Ricardo Vaz in Caracas.

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