U.S. Embassy in Damascus reopened by December 31, 2026?
BUY YES
- Cost
- 25.0¢
- Implied chance
- 25.0%
- Return if right
- 300.0%
- Spread cost
- 5%
If you put in $100
You get 400.0 shares at 25.0¢ each.
YES wins: $400.00 back, a profit of $300.00. YES loses: $0.00, and the whole $100 is gone.
The gap between buyers and sellers takes $16.67 of that profit. Without it you would make $316.67.
Assumes the whole order fills at this price. A large order eats into the book and averages worse.
Buy YES on Polymarket
BUY NO
- Cost
- 77.0¢
- Implied chance
- 77.0%
- Return if right
- 29.9%
- Spread cost
- 5%
If you put in $100
You get 129.9 shares at 77.0¢ each.
NO wins: $129.87 back, a profit of $29.87. NO loses: $0.00, and the whole $100 is gone.
The gap between buyers and sellers takes $1.71 of that profit. Without it you would make $31.58.
Assumes the whole order fills at this price. A large order eats into the book and averages worse.
Buy NO on Polymarket
Latest news
headlines link to their publishers- ‘Daughter of Damascus’ Assala performs in Syria after 15-year exileAl Jazeera · 14d ago
- U.S. embassies across Middle East issue security alerts for AmericansCBS News · 14d ago
- Syrian child killed after roadside object explodes near DamascusAl Jazeera · 19d ago
- Netanyahu visits troops in occupied Syria as Damascus slams 'blatant violation' of sovereigntyFrance 24 · 22d ago
- Damascus goes car-free for 24 hoursAl Jazeera · 1mo ago
- Spectacular fireworks over Damascus as ‘Syria Shines Again’Al Jazeera · 1mo ago
Headlines are matched on the names in “U.S. Embassy in Damascus reopened by December 31, 2026?”. Nobody checks them by hand, so one may not be relevant. They also say nothing about whether the price has already moved on this news.
How this market resolves
The United States has suspended operations of the Embassy in Damascus since February 6, 2012. As of market creation, the Government of the Czech Republic serves as the protecting power for U.S. interests in Syria and provides limited consular services to U.S. citizens. This market will resolve to "Yes" if the U.S. government announces the reopening of its embassy in Damascus or if such a reopening is otherwise confirmed by 11:59 PM ET on the specified date. Otherwise, this market will resolve to "No". An official announcement made within this market’s timeframe will qualify for a "Yes" resolution regardless of whether an actual embassy opening subsequently takes place within the timeframe. Any opening of a U.S. embassy in Damascus will qualify regardless of its exact location. Announcements that do not clearly commit to opening an embassy, such as general diplomatic statements, exploratory comments, or partial/conditional steps, will not count. The resolution source will be official statements from the Governments of the U.S. and Syria; however, a consensus of credible reporting will also be used.