Podemos leader Pablo Iglesias said Tuesday he was resigning from politics after a dire showing by his hard-left party in Madrid's regional election which was resoundingly won by the right. "We have failed, we have been very far from putting together a sufficient majority," he said in a speech shortly after the result showed a solid victory for the right-wing Popular Party, handing a stinging defeat to Prime Minister Pedro Sanchez's Socialists and Podemos. hmw/mg/kjl