The Dow Jones Industrial Average returned 12.26 per cent annually on average under President Trump’s four years in office, as opposed to the 9 per cent average annual growth under President Biden, as per the closing of the last quarter. Meanwhile, the Russell 2000 Index, comprising 1.950 smaller-cap companies, still has not returned to its all-time high recorded in November 2021.

‘We all want to leave our children a world worth living in. There is no dispute about this among the members of European nations. Protecting the created and built world is not only our goal but also our duty. But to do so, we need sensible solutions. Firstly, we need to involve all stakeholders. The voices of those who bear the burden of the green transition must also be heard and listened to.’

Alexandra Szentkirályi, president of Fidesz in Budapest, announced the party’s eight-point plan aimed at reforming governance in the capital. The proposals focus on curbing the mayor’s decision-making powers, improving public services, and streamlining the city’s committees to save costs and better represent the people of Budapest.

‘I believe that the true ontological essence of conservatism is contained in the definition: conservatism is the making present of actuality. In this way, conservatism is bound both to the particularities of specific belonging cultures and to the wider belonging civilization…Conservatism as a political philosophy arises when the address of the aforementioned actuality is threatened.’

From the spring of 2026 Budapest will welcome 70 state-of-the-art, environmentally friendly, low-floor, fully electric buses to its transport fleet, as announced by the Centre for Budapest Transport (BKK). The buses will operate primarily on key routes crossing the city’s central areas, significantly enhancing the city’s commitment to green and sustainable public transport solutions.

Polish MEPs Anna Brylka and Tomasz Buczek from the Konfederacja party have officially joined the Patriots for Europe group in the European Parliament, further strengthening the faction led by Viktor Orbán. With their addition, the group now comprises 86 members from 13 countries, and aims to unite right-wing forces in the EP to challenge the dominant centre-right and centre-left factions.

Hungarian Gripen fighter jets are taking part in the Ramstein Flag 24 air defence exercise in Greece, a nearly two-week training aimed at bolstering NATO forces’ capabilities and strengthening member cooperation. The exercise is a key opportunity for allies to tackle Europe’s most complex threats and showcase their commitment to NATO’s collective defence strategy.

As the WSJ noted, Vance’s calm and effective performance could bolster Republican confidence in his future within the party. His ability to advocate for Trump’s policies in a composed and persuasive manner suggests that he could be a strong contender for future leadership roles within the conservative movement.

‘In Hungary, the welcome and the love that the state of Israel gets are very different. So is the intolerance of the intolerance, which is the most important thing, because you don’t have to agree with everything I say, but the fact is that you are not tolerating intolerance. If you are letting the violent people enjoy their free speech, like it happened in Berkeley, you are preventing the freedom of speech of the people who were not violent…And I think on that issue, Hungary got it right.’

The panellists discussed a wide variety of topics related to the war in Israel at the second International Por-Israel Summit hosted by the Center for Fundamental Rights, including the ICC arrest warrant for Prime Minister Netanyahu, Iran’s role in the conflict, and the potential impact of the upcoming US presidential election as well.

James Carafano is a leading expert in national security and foreign policy challenges, an accomplished historian and teacher, as well as a prolific writer and researcher. He currently serves as Senior Counselor to the President and E.W. Richardson Fellow at The Heritage Foundation. He sat down with conservative outlet Mandiner while he was in Budapest for the Fourth Danube–Heritage Geopolitical Summit in September.

Hungary’s Magyar Konyha magazine has released its Top 150 Producers Guide, showcasing the country’s best small-scale producers and their high-quality products, a testament to the thriving farm-to-table movement and growing consumer demand for local, sustainable ingredients.

Since 2010 Hungary has seen its crime rates drop by more than half, a stark contrast to rising crime figures across much of Europe. At a press conference marking the tenth anniversary of the National Crime Prevention Council, Bence Rétvári, Parliamentary State Secretary of the Ministry of the Interior, detailed the achievements of Hungarian law enforcement and the initiatives that have helped in preventing and combating crime.

Hungary’s strategic focus on Central Asia positions it as one of the key players in strengthening economic ties between the EU and the region. As outlined in the programme of Hungary’s presidency of the Council of the EU, the country has been planning to further strengthen its economic ties with Central Asia, building on the New EU Central Asia Strategy adopted by the EU in 2019, which aligns closely with Hungary’s own regional interests.

‘We Hungarians have learned from South Korea’s success story that a strong economy cannot be built without a firm commitment to our values; thus, we have combined our traditions with technology,’ Balázs Orbán stated at the Hungary-Korea Forum. The political director of the Hungarian Prime Minister welcomed the deepening economic cooperation between the two countries at the event, which marked the 35th anniversary of the establishment of diplomatic relations.

Prime Minister Viktor Orbán marked the Jewish New Year by sending a letter of greetings to Hungary’s Jewish community, emphasizing the country’s role as a ‘calm and safe island’ in a world of growing challenges. Just last week, Israeli Ambassador Jakov Hadas-Handelsman met with Mazsihisz President Andor Grósz to underline the unity between the Jewish people in Hungary and Israel ahead of the upcoming Rosh Hashanah celebrations.

A survey conducted by the Center for Fundamental Rights has revealed that the vast majority of Hungarian voters expect the European Union to contribute financially to the costs of the defence against illegal migration. Nearly two-thirds of respondents also consider the European Court of Justice’s ruling against Hungary unjust, further highlighting the strong public rejection of Brussels’ migration policies.

Minister of Transportation Miri Regev of Israel thanked the Hungarian government on behalf of Israeli PM Benjamin Netanyahu for its unwavering support for Israel since the 7 October Hamas attack at the second International Pro-Israel Summit, hosted by the Center for Fundamental Rights in Budapest, Hungary. Witnesses of the attack also took the stage at the event.

‘Disillusionment in the West with Ukraine’s performance and ability to win the war has been rising for over a year. While a lot was expected from last year’s Ukrainian counter offensive, it ended up recapturing less than half the land Russia took in 2023. This year’s balance is not much better. Albeit it is true that Ukraine made an extravagant capture of lands in Kursk, on its own sovereign lands it claimed few to no successes.’

Achieving the demographic turnaround will take a long time and a lot of work, but Hungary wants to take the first steps already in the coming months. Finding solutions to existing problems will be one of the key objectives of the Hungarian EU Presidency in the second half of 2024, using the EU demographic toolkit as a starting point.

John Tsagronis and Michelle Watson, the founders of the Corporate Statecraft programme at the Institute of World Politics, were among the speakers and panellists of the 4th Danube–Heritage Geopolitical Summit this September, when they graciously sat down with Hungarian Conservative for an interview.

Iran launched a major missile attack on Israel on Tuesday, just hours after the Jewish state began a ground offensive against Hezbollah in Lebanon. Hungarian Prime Minister Viktor Orbán convened a meeting of the government’s National Security Cabinet and also condemned the Iranian attack in a post on X.

Under the presidency of Republican Herbert Hoover, the United States suffered the greatest economic depression in history. This set up a Democratic domination of the White House for five consecutive terms. Since Presidents serving two terms was just a tradition at the time and not law, Franklin D. Roosevelt won four out of those five terms.

‘Albeit few expected Mongolia to actually make the arrest, the case is nevertheless indeed a blow to the ICC’s credibility and generally to the Western institutional system. The unsurprising development of Putin walking away free exposes the fallacy of Western international institutions of having based their policies in the past couple of years on morality. The reality is that countries pursue their self-interest first and foremost, rather than doing “the morally right thing”.’

The Hungarian company Proofminder has been named one of the winners of the AgVenture 2024 competition, hosted by the European Bank for Reconstruction and Development (EBRD). The programme aims to support the development of green technologies in the agricultural and food production sectors. Proofminder’s AI-based platform and drone technology help farmers increase yields, reduce chemical use, and protect biodiversity.

The war quite literally consumes people; they are killed or maimed physically and psychologically at an unprecedented rate. Using foreign fighters is consequently quite logical for both sides. They alleviate domestic pressure to recruit more soldiers, with the new fighters likely being versed in military matters. They also demonstrate the global clout of the given side by showing the diverse coalition that stands behind it. Of course, this is a double-edged sword, which is why there is an intense war of narratives about whether these people are mercenaries or volunteers.

By the end of October, the asphalting of the high-speed oval track at the Zalaegerszeg automotive test track will be completed, with its full operation set for May next year. In addition to high-speed trials, the new track will be suitable for stress testing of braking systems, suspensions, and cooling systems.

At the second annual MetroPOLICE Crime Film Festival in Kecskemét the Danish thriller The Boys claimed Best Feature Film, while the Hungarian short On the Lookout won Best Short Film. Mátyás Prikler received the Special Jury Prize for Best Director for his Slovak–Hungarian political thriller Power, praised for its minimalist direction and nuanced character portrayal.

Parties belonging to Patriots for Europe (PfE) are achieving electoral successes one after the other: first, Andrej Babiš’s ANO party secured a major victory in the Czech regional and senate elections, followed by Herbert Kickl’s FPÖ emerging as the leading party in the Austrian parliamentary elections. These results indicate that the preferences of the European electorate align closely with the vision of the political group co-founded by Viktor Orbán, which continues to gain strength day by day.

Atlas Intel has gotten the popular vote margins correct within 0.3 percentage points in the US in the last two election cycles. Their most recent polling data has Donald Trump leading Kamala Harris by 2.9 points in the popular vote; while their swing state polling data has him winning the election with 290 electoral votes. However, other public opinion firms have published different results.