Reuters World News - Trump's energy ceasefire, new Riyadh strike and prediction markets

Episode Date: October 12, 2026

US President Donald Trump announces an energy ceasefire between Russia and Ukraine, but neither Moscow nor Kyiv confirm it. Yemen's Houthis hit Riyadh international airport for the second day. How we factchecked an altered video claiming to show terrified passengers on board the flydubai flight which racked up 700,000 views. A Reuters/Ipsos poll finds a majority of Americans oppose betting on elections. And ahead of the midterms - why the Democratic 'blue wave' might not be as big as polls suggest. Podcasts, breaking news, and video analysis from the source.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Download the Reuters app here.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Listen to the Morning Bid podcast ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Sign up for the Reuters Econ World newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Listen to the Reuters Econ World podcast ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Visit the ⁠⁠Thomson Reuters Privacy Statement⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

Hi, I'm Tara Oaks in Liverpool. It's Monday, October 12. Today, President Trump announces a Russia-Ukraine energy ceasefire, but Kiev and Moscow haven't confirmed it. How an altered video claiming to be able to fly-to-by incident got hundreds of thousands of views. And we break down six key reasons why the Democrats might not get the blue wave they want in the midterms.

This is Reuters World News. bringing you everything you need to know from the front lines in 10 minutes, seven days a week. Visit BetMGM Casino and check out the newest exclusive. The Price is Right Fortune Pick. BetMGM and GameSense remind you to play responsibly, 19 plus to wager. Ontario only. Please play responsibly. If you have questions or concerns about your gambling or someone close to you,

please contact Connects Ontario at 1-866-531-2,600 to speak to an advisor. Free of charge. that MGM operates pursuant to an operating agreement with Eye Gaming, Ontario. U.S. President Donald Trump says there is an energy ceasefire between Russia and Ukraine, effective immediately. He posted the announcement on Truth Social, saying both sides have agreed and warning them not to break it. Neither Moscow nor Ukraine have confirmed the deal yet.

Ukrainian President Volodymy Zelenskyy saying he would welcome a ceasefire, but still waiting for key details from Washington. Following Trump's announcement, Russian forces hit a power plant in Ukraine's Kharkiv. The ceasefire claim follows days of U.S. pressure on Kiev to stop attacking Russian refineries. Trump blaming those strikes for rising diesel prices, a growing political headache for the Republicans ahead of midterms.

On Friday, Trump announced a separate deal for Russia to release more than 300,000 tons of vehicles. diesel onto the global markets, with more to follow. He also called on Ukrainians to replace Zelensky, saying he'd missed multiple chances to strike a peace deal with Moscow. Zelenskyy says he'll call an election if Russian President Vladimir Putin agrees to a 60-day ceasefire first. Yemen's Houthis have hit Saudi Arabia's Riyadh airport for the second day in a row. One person was killed and almost a dozen more wounded when a projectile hit the international airport

a day after a Houthi strike on the same airport killed at least 13 and wounded hundreds. That's according to Saudi authorities, who also say air defences intercepted a cruise missile near the airport. Bried's airport remains closed and schools in the capital have switched to remote learning this week. The Houthis are warning of more attacks. if the kingdom doesn't halt its air campaign in Yemen.

President Trump has said the US is considering joining Saudi strikes on the Houthis. Two markets now. And for what to look out for this week, here's Mike Dolan from our sister podcast, Morning Bit. Before we get to the outlook, we have to unpack the weekend, which is extremely noisy geopolitically, particularly on the diesel front, which President Trump attempted to get some waiver on Russian diesel exports to cam those prices. So we'll have to wait and see how that pans out. It doesn't look like there's a ceasefire between the two, but it is potentially important for the market. Now, we have a partial closure of the US markets on Monday, but we have a very busy week ahead. IMF meeting in Bangkok. We have

CPI on Wednesday, big bank earnings, third quarter earnings from the midweek on, and all against the backdrop of a very, very dangerous energy situation. Thanks, Mike. You can catch morning bid forever. You get your podcasts. A plane is diverted mid-flight after a co-pilot allegedly tries to crush it. That's already a dramatic story. But within hours of a flygy by incident almost two weeks ago, a video posted on X purported to show terrified passengers inside the cabin as it happened. More than 700,000 people have watched it.

The problem? It wasn't the same flight. Reuters fact-checking team dug into the footage and caught it. Hardik VS breaks down how they did it. The caption on this video, which at that time had already crossed over 700,000 views, it said it's the horrifying moment captured by a passenger. We've seen these tactics used that we describe as engagement farming, where they would use the sensationalist nature of headlines and try and paint a picture that may not be to.

or distorting event. So we looked into the video and initially we froze each frame and we were able to locate the visuals to actually the Dubai coastline and we were actually even able to spot a couple of location markers including higher agency. And we were able to quickly figure out that if this was the original footage, it shouldn't be showing Dubai. because the massive descent that the flight saw was essentially on the border of Saudi Arabia and Jordan.

So yeah, that was our first clue, knowing that something's off here. And then we were also looking at the audio part of it. And in this case, after reverse searching, we were able to figure out that the audio was actually from a clip four years ago. So combining both these elements, you were able to say that this video is old, unrelated. and yeah, digitally altered to present something that essentially wasn't from the same flight. Visit BetMGM Casino and check out the newest exclusive.

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BetMGM operates pursuble. went to an operating agreement with Eye Gaming Ontario. Democrats are heading into November 3rd midterm elections with many analysts and opinion polls predicting a blue wave could sweep the nation. They point to President Trump's approval ratings being weak, voters worrying about high prices, and many remaining unhappy with the Iran war. But reporter Tim Reid says a democratic wave is far from a sure thing.

Here are six reasons why Democrats may not have a huge victory on November 3rd. The House battleground map is much smaller than in recent years, so the scope for a big Democratic victory there is smaller. The Senate is still a toss-up. There are potential problems with turnout among young voters in particular. There is a huge money advantage Republicans have. They have much more cash to spend in the final weeks of the campaign. than Democrats. Nobody doubts the Democrats are going to have a really good night. Everything is in their

favour. Trump's incredibly unpopular. People are fed up with persistently high prices. They don't like the war on Iran. But opinion polls have been consistently wrong in recent election cycles. And roughly speaking in the last seven election cycles, including midterm and presidential elections here, opinion polls generally have overstated democratic strength and understated Republican strength in five of the last seven races. And finally, Republicans and Donald Trump, they don't want to run on the economy because the economy is lousy, high prices and gas prices. They're focusing their closing argument by trying to portray Democrats at as extreme, taken over by socialists, as un-American.

And while that is an attempt to deflect from their economic record, there are some analysts who think that that might just sway enough swing voters in tight races to make a difference. Most Americans are uncomfortable with the idea of betting on government affairs. That's according to a new Reuters Ipsos poll, which reveals broad opposition to those prediction markets that let people wager on elections, military action, and other government decisions. The findings cut across party lines and come as companies including polymarket and Kalshi

are growing rapidly. The poll adds a new dimension to an ongoing debate over whether these platforms are gambling operations or financial markets. Reporter Chris Prentice has more. So prediction market companies argue that their products are good for things like price discovery, hedging risk, also polling. What we found, though, is that people, by and large, view these products as gambling. There are these ads everywhere for these platforms. You can see them near our office in Times Square.

You can see them on social media, on TV, and they're everywhere. But what the number showed is that actually there's a bipartisan majority of Americans. who oppose using these markets, particularly to bet on things like U.S. elections, military actions, basically government policy decisions and actions. I spoke to people who participate in the poll, both Democrats and Republicans. And what I heard was a lot of concern about insiders trading, so government officials, or even people with inside information like news journalists. I think also people just had a real reaction to the idea of betting on.

on real-life events. They didn't like the idea of commoditizing all of that. Visit BetMGM Casino and check out the newest exclusive. The Price is Right Fortune Pick. BetMGM and GameSense remind you to play responsibly. 19 plus to wager. Ontario only. Please play responsibly.

If you have questions or concerns about your gambling or someone close to you, please contact Connects Ontario at 1-866-531-2,600, to speak to an advisor. Free of charge. that MDM operates pursuant to an operating agreement with iGaming Ontario. For more on any of the stories from today, as well as more analysis and the news shaping our world, check out Reuters.com or the Reuters app. There's a link in the description to download it and start getting pure news straight from the source. Don't forget to follow us on your favourite podcast player.

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