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Finance

Prediction market bettors are the new political pundits. Why are we listening to them? | Judith Levine

Sites like Kalshi and Polymarket offer faux populism as elites reap the benefits – and voters risk being misled Online betting is a bit like Donald Trump. The prediction markets – platforms where users bet on whether events will occur – pretend to be populist, pushing the nabobs aside and representing the “wisdom of the crowd”. “This data is bottom-up, not elites-driven,” a Kalshi ​spokesperson told Reuters. But in fact, the markets are controlled by a few, skillful traders. Continue reading...

The Guardian
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International

Israel army withdraws after Hebron operation

Israeli troops withdrew on Monday from an area of the occupied West Bank's largest city that they had evacuated of its Palestinian residents, following an attack that killed two soldiers in October.

France 24
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