Tag: loser

  • Nearly half of Chicago voters tapped a loser. Now they can sway the mayor’s race.

    Nearly half of Chicago voters tapped a loser. Now they can sway the mayor’s race.

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    vallasjohnson

    Things aren’t any easier for Brandon Johnson, Vallas’ Black, left-leaning rival in the April 4 runoff, who won the second spot with 21 percent — and a radically different coalition to go with his perspective on crime, policing and education.

    The Cook County commissioner’s best opening to pull in a large chunk of voters will be among the 17 percent who voted for Lightfoot. Yet that still leaves him scavenging in areas like moderate Latino-majority wards and even his home precinct.

    “Race is one of the most definitive predictors in how an area votes in Chicago, like in many other areas,” said Frank Calabrese, an independent political consultant who has studied several campaigns in Illinois. “If Vallas is doing 30, 35, 40 percent in Black wards, that means he’s doing really well.”

    How Vallas wins

    Vallas didn’t even come close to 30 percent numbers in most Black-majority wards on Election Day. And although that was a contest divided among nine candidates, he typically landed third or fourth place in those areas — several points behind Johnson, and where Lightfoot did her best.

    However, Vallas, who got the endorsement of the Chicago Fraternal Order of Police and ran a tough-on-crime campaign, did well with voters in areas that resoundingly rejected the incumbent mayor: white-majority wards on the city’s North and Southwest sides, where a mix of wealthy families and civil service workers like police officers or firefighters live.

    The prime pockets of voters available to Vallas are those who went for Willie Wilson, a prominent Black conservative businessperson who also ran for mayor on a police-heavy platform. In the handful of majority-Black precincts Wilson captured, he got up to 42 percent of the vote, and came in second or third in many others — capturing voters unlikely to swing left to Johnson without a lot of convincing.

    What may bridge Vallas’ shortfall with Black voters is the outpouring of support he’s winning from well-known Black Democratic political figures, including former Secretary of State Jesse White and several respected City Council members.

    “It’s a Black man running against a white man when it comes down to Black wards,” Calabrese said of Johnson. “That being said, Black residents… care about crime and quality of life issues at the same level, if not more than other parts of the city. Vallas is going to have a resonating message.”

    Latinos and Asian voters are big unknowns

    Demographically, the city is split evenly among white, Black and Latino residents, but it doesn’t break down that way when it comes to who actually shows up to cast ballots.

    Despite having a Latino candidate on the ballot in García, participation among Latino voters “was abysmal” last week, said Jaime Dominguez, a Northwestern professor who worked on a rare poll with BSP Research weighted toward measuring Black and Latino voters.

    The demographic already does not vote in droves, he said, and it didn’t help that Garcia entered the race late and missed out on big union support, like Johnson’s backing from the Chicago Teachers Union. A large share of Latino voters were still undecided leading before Election Day last week.

    Vallas can keep building off of the Latino votes he already won, Dominguez and Calabrese said. The frontrunner clinched several majority-Latino wards last week, and placed second in other moderate areas receptive to his law-and-order messaging.

    “I’ll be honest with you — I think that some people think Vallas is a Latino last name,” Ald. Carlos Ramirez-Rosa said in an interview, laughing. As his team went door-to-door in majority-Latino communities, that comment came up “quite a lot.”

    Then there are Asian American voters, who have a stronger stake in Chicago politics this cycle, after post-2020 redistricting led to Chinatown and surrounding neighborhoods becoming a slightly majority Asian ward, which is also 20 percent Latino and 25 percent white. Vallas came away with 58 percent of the vote there, while Johnson and Garcia had about 13 percent each.

    This shows the division among Asian communities on the issue of public safety, said Grace Pai, executive director of Asian Americans Advancing Justice in Chicago. Progressives want non-police options to address a rise in general violence and anti-Asian attacks, while she said others want more law enforcement present to protect businesses and patrol. And both sides are vocal within the communities that comprise about 7 percent of the city.

    Johnson had made more of a concerted effort than Vallas to reach out to Asian American surrogates during the campaign’s initial stages, she said.

    What’s also unclear is how Johnson’s aspirations of decreasing police funding will ring with a broader set of voters, though he distanced himself from those remarks before last week’s election.

    “Whether you’re Latino, Caucasian, African American — public safety is resonating,” Ald. Gil Villegas, who was endorsed by García and is heading to a runoff of his own, said in an interview. “If you’re not speaking about that… regardless of your ethnicity or your gender, people want to feel safe. Quality of life is a big issue.”

    How Johnson wins

    One analysis shows Vallas could pick up García’s Latino voters and Johnson could consolidate the Black vote — but low Hispanic voter turnout and incoming endorsements from Black and Latino leaders will blur the election picture.

    Johnson won over Ramirez-Rosa’s ward on the Northwest Side, which is more than half Latino and has a significant white population, by a high margin — making the area more of an exception among the city’s Latinos.

    The alderman endorsed Johnson and was confident about his ability to attract Latino voters in the runoffs. Ramirez-Rosa pointed to Johnson’s use of Spanish-language advertising, as well as recent wins from progressive Latinos, including himself and Rep. Delia Ramirez (D-Ill.), who also endorsed Johnson.

    Now, Johnson faces challenges in keeping up appeal with the progressives he won over while not turning off Latinos by going too far to the left, Dominguez said. Surrogates for either candidate will make a large difference during the runoff campaign process, and some believe Latino leaders — including García — will eventually back Johnson.

    Johnson making the runoff shows the potential success of a candidate running on a nuanced public safety plan, said Patrice James, founding director of the Illinois Black Advocacy Initiative, recently founded to promote Black interests in the state.

    Black voters are not only sophisticated, James said, but have “long memories” of Chicago’s lack of investment in their communities — such as former Mayor Rahm Emanuel’s controversial shuttering of 50 schools in mostly Black neighborhoods. Vallas has his own history with school closures when he led the system in the 1990s.

    “They remember disinvestment and the fallout of what it means when schools close in your neighborhood and how that impacts home values,” she said. “It’s no secret Johnson is about community. … I think that will resonate with a lot of voters.”

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    #Chicago #voters #tapped #loser #sway #mayors #race
    ( With inputs from : www.politico.com )

  • From loser to top winner: Adani’s net worth spikes as stocks rise sharply

    From loser to top winner: Adani’s net worth spikes as stocks rise sharply

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    Gautam Adani once again began climbing up on the world’s billionaire list as his net worth spiked following the sharp rise in his companies’ stocks. Today, he emerged as the top winner on the world’s rich list.

    The businessman who recently slipped out of the world’s top 35 billionaires list is currently at the 32nd spot. His current net worth is USD 37 billion.

    As of now, all of the Adani Group stocks are trading in green. The highest surge is seen in Adani Enterprises shares which are up by over 12 percent.

    All Adani Group companies’ stocks trade in green

    The stocks of Adani Group companies that were bleeding for the past few days due to the Hindenburg research report are now witnessing a reversal as all of them are trading in green.

    Apart from Adani Enterprises, Adani Green, Adani Power, Adani Transmission, and NDTV stocks are seeing a more than four percent hike.

    The stocks of other Adani Companies such as Adani Ports, ACC, Ambuja Cements, Adani Total Gas Limited are also trading in green.

    Adani Total Gas shares rise

    Adani Total Gas stocks that were locked in its lower circuit in the past 23 out of 24 sessions are finally trading in green.

    It was the most hardly hit company following the report against the Adani group. Till yesterday, it lost 82.5 percent in 24 sessions.

    After being locked in its lower circuit for many sessions, today it is trading in green. It jumped by over three percent.

    photo1677648446
    Stocks of Adani Group companies at 11 am today

    From top loser to winner in the billionaire list

    Adani who has emerged as the top loser sees rise in net worth today. In one day today, his net worth surged by USD 2.2 billion.

    Today’s top five winners

    NameCurrent net worth (in billion USD)Change in net worth (in million USD)Change in net worth (in percentage)Country
    Gautam Adani37+3700+11.08India
    Mark Zuckerberg62.8+3090+3.09US
    Ma Huateng38.4+1300+3.49China
    Andrew Forrest20.3+991+5.13Australia
    Robin Zeng34+944+2.86Hong Kong

    Today’s top five losers

    NameCurrent net worth (in billion USD)Change in net worth (in million USD)Change in net worth (in percentage)Country
    Bernard Arnault206-1500-0.7France
    Mukesh Ambani82.9-1200-1.46India
    Elon Musk196.5-1200-0.63US
    Larry Ellison112.3-692-0.61US
    Mikhail Fridman13.5-639-4.52Russia

    Reason for rebound in Adani group stock prices

    Adani Group’s stocks rebounded on Tuesday after reports surfaced that Gautam Adani plans to repay or prepay share-backed loans worth USD 690 million to USD 790 million by the end of March.

    The move aims to improve the conglomerate’s credit profile.

    Earlier, despite the group’s denial of all allegations made by Hindenburg Research, a massive dip in stocks’ values was witnessed.

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    #loser #top #winner #Adanis #net #worth #spikes #stocks #rise #sharply

    ( With inputs from www.siasat.com )