AXIOS (Zachary Basu) - Earthquake in Hungary: Orbán defeated after 16 years in power
Hungarian voters have ousted Prime Minister Viktor Orbán after 16 years in power, delivering a stunning rebuke to one of the Western world's most entrenched populist leaders. Why it matters: The political earthquake in Hungary, where Vice President Vance was dispatched to campaign for Orbán in the final days of the election, will ripple far beyond Budapest. State of play: Péter Magyar, a 45-year-old former Fidesz insider who broke with Orbán two years ago and built the upstart Tisza party into a political juggernaut, claimed victory Sunday night. - Orbán conceded, Magyar said in a Facebook post . - Orbán's aides had previously accused opposition leader Magyar of election fraud. Zoom in: Voters turned out at their highest levels…