Dozens of long-shot bets on Polymarket, from the war with Iran to the cryptocurrency market, have defied the odds, according to a New York Times examination.
Category: Defense and Military Forces
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Attack on French Cargo Ship Highlights Continued Risks in Strait of Hormuz
The New York Times – Business:U.S. Central Command and the ship’s owner disagreed on whether the vessel coordinated safe passage with the United States military.
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Europeans Prepare for a More Dangerous World in a Time of Economic Upheaval
The New York Times – Business:A stalwart on defense spending, Poland is training its citizens in civil defense while balancing their jobs and families.
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The Peril of Piloting Ships Through the Strait of Hormuz
The New York Times – Business:Controllers for shipping companies face a daunting decision as they try to free vessels trapped in the Persian Gulf: “Basically you’re sending someone unarmed into war.”
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Soldier Used Classified Information to Bet on Maduro’s Ouster, U.S. Says
The New York Times – Business:Federal prosecutors say that Sgt. Gannon Ken Van Dyke, who was involved in the operation to oust Nicolás Maduro from power in Venezuela, used the information to place bets on a prediction market.
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The Escalating Global A.I. Arms Race
The New York Times – Business:China, the U.S., Russia and others have ramped up their contest over artificial-intelligence-backed weapons and military systems. The buildup has been compared to the dawn of the nuclear weapons age.
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What Happened After a U.S. Warship Hit an Iranian Mine in 1988
The New York Times – Business:President Trump has suggested providing escorts for stranded tankers. A mine strike on a U.S. frigate in the Persian Gulf shows the perils of doing so.
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Iran’s South Pars Gas Field Is Attacked, Sending Energy Prices Soaring
The New York Times – Business:The field is part of a vast gas reservoir shared by Iran and Qatar. The strike appeared to be one of the most significant attacks on an energy site since the U.S.-Israeli air war against Iran began.
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What to Know About the U.S. Lasers Being Used to Counter Iranian Attacks
The New York Times – Business:High-energy lasers can burn drones in the sky like a blowtorch. But they can be stymied by weather, and making them at scale will be a challenge.
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Countries Scramble to Shore Up Global Oil Supplies as Ships Are Attacked
The New York Times – Business:The United States and Israel launched more strikes against Iran, where crowds mourned military commanders killed in the war. Israel also bombed targets in Lebanon, where the death toll climbed.