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flag Prediction markets doubt rapid U.S.-led regime change in Iran, with low odds on Khamenei's removal or a nuclear deal by late March.

flag Prediction markets are skeptical of a quick U.S.-led regime change in Iran following recent strikes, with Polymarket predicting a 28% chance of removing Supreme Leader Khamenei by March 31 and Kalshi projecting a 63% chance by April 1. flag Despite initial increases in odds, markets show little confidence in quick success, with only a 23% chance of a US-Iran nuclear deal by March 31. flag More than $40 million was wagered on geopolitical outcomes, such as regime change and potential next targets, with 93% betting on Khamenei's removal. flag Concerns about insider trading arose after a few accounts allegedly profited significantly prior to the strikes, though platforms denied such activity.

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