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Hormuz Deadlock, Presidential Laugh Lines, Prediction Markets

4/25/202616 min

A deadlock between the U.S. and Iran continues over the U.S. blockade of the Strait of Hormuz. Prediction markets like Kalshi and Polymarket have caught the attention of regulators as people profit from privileged information. And the media try to release some pressure through humor at the White House Correspondents Association dinner.

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First 90 seconds
  1. Ayesha Rascoe· Host0:00

    [gentle music] The U.S. tries again today to unwind the war in Iran with another delegation to Pakistan.

  2. Scott Simon· Host0:08

    It's unclear if Iran and the U.S. will even meet this time.

  3. Ayesha Rascoe· Host0:11

    The deadlock in the Middle East is still choking off supply chains worldwide. I'm Ayesha Rascoe.

  4. Scott Simon· Host0:17

    And I'm Scott Simon, and this is Up First from NPR News. [gentle music] The U.S. and Iran will both have representatives in Pakistan. What could bring them to the table?

  5. Ayesha Rascoe· Host0:28

    The prediction markets like Kalshi and Polymarket have been nearly impossible to regulate, but a special forces soldier who placed a suspicious bet on a military operation may have finally crossed a line.

  6. Scott Simon· Host0:42

    And is there anything to laugh about in the media's relationship to President Trump? Tonight is the White House Correspondents Association Dinner. So please stay with us, we've got the news you need to start your weekend.

  7. Speaker 20:54

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