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The business of predicting the future is booming but EU regulators remain uneasy

What started as a niche corner of the internet has evolved into a multibillion-dollar industry. In 2025, prediction markets have become a substantial instrument for speculation and the forecasting of real-world events in both finance and media. Two major players in the sector, Polymarket and Kalshi, have amassed a combined volume of over $37 billion (€31.5bn) in wagers placed this year, according … [Read more...]

Trump says Hamas has short period to disarm or 'there'll be hell to pay' after Netanyahu talks

US President Donald Trump said on Monday that Hamas will have "very short period" of time to fully disarm, warning that if they didn't "there'll be hell to pay." Trump was speaking at a press conference in Florida after talks with Israel's Prime Minister Benjamin Netanyahu. "If they don't disarm – as they agreed to do, they agreed to it – then there'll be hell to pay for them," Trump said. "And we … [Read more...]

Peruvian shamans offer predictions on global conflicts and leaders for 2026

Peruvian shamans gathered on San Cristóbal hill in Lima in the final days of 2025 to conduct their annual ritual and share predictions for the year ahead. During the ceremony, spiritual leaders said international conflicts, including the war between Ukraine and Russia, were likely to continue into 2026. Some shamans also predicted political change in Venezuela, expressing hopes that President … [Read more...]

Cecilia Giménez, the amateur painter who 'botched' the 'Ecce Homo' fresco restoration, dies aged 91

Cecilia Giménez Zueco, the amateur artist who went viral with her well-intentioned by ultimately ill-fated restoration of a fresco of Jesus Christ in rural Spain, has died. She was 94. In 2012, Giménez Zueco, a resident of the town of Borja, in Zaragoza, triggered a wave of criticism when her unfortunate attempt to revive the 1930 original Ecce Homo resulted in widespread ridicule. The fresco … [Read more...]

Year&End 2025: Global Market Insights from HVS Leaders

This article presents market perspectives from HVS regional leaders across major global markets. Drawing on on&the&ground experience, the analysis examines the economic conditions, operating trends, and regional dynamics shaping hotel performance, profitability, and asset values as 2025 concludes. Appeared first on: hotelnewsresource.com … [Read more...]

Exclusive: Price distortions in EU energy market must end, Portuguese minister tells Euronews

The European Commission must play a key role in ensuring fair competition among EU countries as they upgrade their power grid infrastructure to keep prices stable, Portuguese Energy and Environment Minister Maria da Graça Carvalho told Euronews. The Portuguese minister, who notably led political talks on the electricity market law, said that ensuring a level playing field will be "essential" to … [Read more...]

U.S. Economy Grew Solidly in Q3 Despite Consumer and Business Jitters

The U.S. economy expanded at a strong 4.3% annual rate in the third quarter of 2025, according to an estimate delayed by the government shutdown. This marks the fastest pace of growth since Q3 2023 and builds on the solid 3.8% gain in the second quarter, following a 0.5% contraction earlier in the year. Appeared first on: hotelnewsresource.com … [Read more...]

Lavrov threatens Ukraine after alleged drone attack on Putin's residence

Russian Foreign Minister Sergei Lavrov said Monday that Moscow's negotiating stance would shift following an alleged Ukrainian drone attack on President Vladimir Putin's dacha in the Novgorod region. "Such reckless actions will not go unanswered," Lavrov told Interfax news agency, accusing Ukraine of launching 91 long-range drones targeting the presidential state residence, also known as Valdai, … [Read more...]

Bucharest’s new tourist tax will come into effect next year. Here’s everything you need to know

Travellers heading to Bucharest in 2026 will be stung by a new tourist tax, despite growing backlash from the hotel industry. The General Council Municipality of Bucharest published a draft for a special levy to help promote tourism in the capital earlier this month. The measure was adopted just four days later, on Tuesday 23 December, sparking concern that there is no “concrete plan” on how the … [Read more...]

North Korea says it fired long-range cruise missiles to test country's nuclear deterrence

North Korea said on Monday it had fired long-range strategic cruise missiles into the sea to test the country’s nuclear deterrence, days after it showed apparent progress in the construction of its first nuclear-powered submarines. Sunday's launches were the latest weapons display by Pyongyang ahead of its planned ruling Workers' Party congress, due to take place early next year. Keen outside … [Read more...]

2026 in space: Moon missions return, eclipses sweep Europe and auroras continue

From a visiting comet from another starto the return of stranded NASA astronauts to a record number of satellite launches, 2025 was full of extraordinary space events. That momentum carries straight into 2026, with some of the most ambitious exploration plans for decades, rare eclipses and continued chances to see the Northern Lights. Here’s a rundown of what the universe has in store for us in … [Read more...]

Three dead as heavy rain prompts emergency response in Spain's Andalusia

Heavy rainfall in Andalusia prompted hundreds of emergency service responses and left three people dead, regional authorities said. The first victim was found in Alhaurín El Grande in Málaga province, after disappearing with along with another person as their van was swept away by a river. Guardia Civil, fire brigade, Civil Protection and other emergency services conducted search and rescue … [Read more...]