Hong Kong's observatory forecasts 4-7 typhoons by October, with El Niño potentially fueling super typhoons. Rapid intensification, a key challenge in meteorology, is difficult to predict with current technologies.
A family's ordeal with a suspected broken leg for their toddler highlights critical gaps in rainfall forecasting in far west NSW. Residents and pastoralists are demanding a Doppler weather radar, citing unreliable app data and the Bureau of Meteorology's cost concerns.
Severe weather conditions at Delhi airport on Thursday caused disruptions, forcing 13 incoming flights to circle before landing. 11 were diverted, while 2 landed safely. A yellow alert is in place for Friday with forecasts of rain, thunderstorms, and strong winds.
Delhi-NCR experienced relief from warm and humid weather with light rain and thunderstorms. The IMD issued a red alert forecasting gusty winds up to 70 kmph and a possibility of hail, advising residents to follow disaster management guidelines.
Australia is preparing for an imminent El Niño, with the Bureau of Meteorology and other agencies forecasting its development in the coming months. The World Meteorological Organization noted a 90% chance of El Niño forming in the Pacific before November.
Australia is preparing for a likely El Niño event, with forecasters predicting its development in the coming months. The phenomenon historically brings hotter, drier conditions to eastern Australia, increasing drought and bushfire risks.
Australia is preparing for an imminent El Niño, with forecasters predicting its development in the coming months. Experts warn of a 'dangerous double act' with climate change, potentially leading to hotter, drier conditions, increased drought, heatwaves, and bushfires.
Startup WindBorne Systems has launched WeatherMesh 6, an AI weather forecasting tool claiming superior accuracy and frequency to the ECMWF. Leveraging advanced deep learning and its own balloon sensor data, WindBorne aims to disrupt the traditional weather prediction market.
Evercore ISI strategists find prediction markets useful for forecasting, especially in chaotic macro events, but caution that high volume and clear resolution rules are key. They note that most contracts have low volume and can be "contaminated" by diverse trader motivations.
Australia braces for an unusually warm winter, with the Bureau of Meteorology forecasting warmer-than-average temperatures nationwide. El Niño is likely to contribute to drier conditions in the south-east and south-west, though the snow season is not entirely written off.
Polymarket has launched new prediction markets for private companies, partnering with Nasdaq Private Market to allow trading on pre-IPO company events like fundraising and valuation changes. This move aims to increase price discovery in opaque private markets and broaden Polymarket's appeal to financially oriented users.
Delhi experienced its highest maximum temperature of the season on Monday, with several areas exceeding 44°C. The IMD has issued a yellow alert for heatwave conditions, forecasting temperatures to reach 45°C over the next four days.
Poly Truth offers an AI-driven intelligence layer for prediction markets, providing data-backed probability analysis for sports, politics, crypto, and general events, with its native $PTRUE token in presale.
India Meteorological Department launches AI-enabled monsoon advance forecasting system and high-resolution spatial rainfall forecast for Uttar Pradesh
Despite global economic headwinds from Middle East turmoil, India's economy is projected for stable growth through FY26 and FY27, with SBI forecasting around 7.5% for FY26. Resilient domestic demand, strong credit expansion, and broad-based improvements in high-frequency indicators support this optimistic outlook, though external vulnerabilities like oil prices and currency movements remain key concerns.
The club chair said the move to the London Stadium showed they were not a ‘tinpot club’ but now relegation threat loomsWhen David Sullivan was pressed on why West Ham bothered to move to the London Stadium, the lack of substance to his argument offered a window into the club’s dysfunction. “I just think we feel like a big club,” Sullivan said in an interview with the Guardian in December 2017. “Not a tinpot club. When players come to look at West Ham, they look at where you play.”Look deeper, though. Analysing the club chair’s answer nine years on, the conclusion is that this is an owner whose desire to win is cancelled out by his listlessness. Feeling like a big club, after all, is not the same as being a big club. It is a decade since West Ham departed from Upton Park, their tinpot home, and told their fans that doing so would take them to the next level. “A world-class stadium with a world-class team,” was the infamous sell from Karren Brady, the recently departed vice-chair, to which the best retort may be that line in the club’s recent accounts “forecasting a liquidity shortfall in summer 2026”, as well as the “severe but plausible scenario” of relegation causing an even bigger financial crisis three years after victory in the Conference League was followed by the £105m sale of Declan Rice to Arsenal. Continue reading...
Nintendo is raising the price of its Switch 2 console globally, "in light of changes in market conditions," and is now forecasting a drop in sales over the next year. Starting September 1st, the Switch 2 will cost $499.99 in the US, up from its current $449.99 price. At the same time, prices will also […]
As Indian assembly election results approach, over $26 million in bets on the decentralized platform Polymarket are set to be paid out. Despite Indian legal restrictions, users are utilizing crypto and VPNs to participate in these prediction markets.
European nations wanted more merit-based prize moneyHigh costs of travel and hotels will exceed Fifa payoutsA number of leading European countries still expect to lose money at the World Cup despite Fifa increasing the prize and participation fund by $112m (£82m) this week.The main host federation, US Soccer, is also understood to be forecasting an operational loss on the tournament, although that will be more than offset by a projected $100m windfall from a revenue-sharing agreement from ticket sales with Fifa that will also benefit the two other co-hosts, Canada and Mexico. Continue reading...
Deputy Director of the Institute of Economic Forecasting of the Russian Academy of Sciences Dmitry Kuvalin emphasized that the physical volumes of purchases will continue to grow in the future, both within Russia and abroad
Forecasting service raises alarm over data from Paris airport used to settle Polymarket wagers on temperatureFrench police are investigating alleged tampering with national weather forecasting service equipment after a series of unusual temperature readings coincided with suspicious winning bets made on Polymarket.Data from a Météo-France weather station at Paris’s Charles de Gaulle airport was used to settle bets between online gamblers on what the temperature would be in Paris for March and the first weeks of April. Continue reading...
Hong Kong has launched an AI-driven flood forecasting system with 3D simulation capabilities, developed with South China University of Technology. The system integrates big data and meteorological data to provide real-time flood simulations, replacing static risk maps from the previous visualization system deployed during Super Typhoon Ragasa.
