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This talk will describe the best current understanding of the interior structure of astronomically realistic black holes. A common misconception is that matter falling into a black hole simply falls to a central singularity, and that's that. Reality is much more interesting. Rotating black holes have not only outer horizons, but also inner horizons. Penrose (1968) first pointed out that an infaller falling through the inner horizon would see the outside Universe infinitely blueshifted, and he speculated that this would destabilize the inner horizon. The expectation was supported by linear perturbation theory, but it was not until 1990 that Poisson & Israel were able to clarify the nonlinear evolution of the instability at the inner horizon, which they called mass inflation. Inflation accelerates ingoing (positive energy) and outgoing (negative energy) streams to exponentially huge energies. The black hole thus behaves like a particle accelerator of extraordinary power, accelerating ingoing and outgoing particles to collide with each other at super-Planckian energies. The talk raises the fundamental question: What does Nature do with this remarkable accelerator?

I will discuss the emergence of large, localized, pseudo-stable configurations (oscillons) from inflaton fragmentation at the end of inflation. Remarkably, the emergent oscillons take up >50 per cent of the energy density of the inflaton. First, I will give an overview of oscillons, provide some analytic solutions and discuss their stability. Then, I will discuss the conditions necessary for their emergence and provide estimates for their cosmological number density. I will show results from detailed 3+1-dimensional numerical simulations and compare them to the analytic estimates. Finally, I discuss possible observational consequences of oscillons in the early universe.

The gravitational observatory LISA will detect radiation from massive black hole sources at cosmological distances, accurately measure their luminosity distance and help identify the electromagnetic counterparts that such sources may generate. I will describe various astrophysical scenarios for the generation of electromagnetic counterparts and discuss observational strategies aimed at identifying them. Successful identifications will enable novel studies of black hole astrophysics and cosmological physics.

We propose one way to regularize the fluctuations generated during inflation. We show that, as long as we consider the case that the non-linear interaction acts for a finite duration, observable fluctuations are free from IR divergences not only in the single field models but also in the multi field model. In contrast to the single field model, to discuss observables, we need to take into account the effects of quantum decoherence which pick up a unique history of the universe from various possibilities contained in initial quantum state set naturally in the early stage of the universe.

De Sitter space is a maximally symmetric space, and any (time dependent) backreaction necessarily breaks the symmetry. On the other hand, the backreaction in FLRW spaces (which, from the cosmological perspective, are more realistic spaces) respects the symmetries of the background space. One could therefore argue that it is more natural to study the backreaction on quasi-de Sitter spaces, and more generally on FLRW spaces. As examples, I will present our results on the one loop (Hubble) effective potential calculation, and the one loop stress energy calculation. We find that the backreaction from infrared modes can be important if a massless scalar couples nonminimally to the Ricci with a negative coupling, and if the Universe expands faster than exponentially.

A method is developed for dealing with ultraviolet divergences in calculations of cosmological correlations, which does not depend on dimensional regularization. An extended version of the WKB approximation is used to analyze the divergences in these calculations, and these divergences are controlled by the introduction of Pauli--Villars regulator fields. This approach is illustrated in the theory of a scalar field with arbitrary self-interactions in a fixed flat-space Robertson--Walker metric with arbitrary scale factor $a(t)$. Explicit formulas are given for the counterterms needed to cancel all dependence on the regulator properties, and an explicit prescription is given for calculating finite correlation functions.

I will present our work on loop corrections to the power spectrum of curvature fluctuations in single-field inflationary models. We consider both standard slow-roll (where the interactions between gravitons and the scalar are included for the first time) and non-canonical Lagrangians. We show that the tensor modes cannot be neglected since, in some models, they produce one loop contributions with an amplitude that is comparable to the one coming from the scalar sector. Our study of loop corrections in non-canonical theories characterized by a small speed of sound (c_s) provides quantitative bounds on c_s, to be compared with similar constraints derived from CMB observations.

I will discuss the emergence of anomalous scaling dimensions for superhorizon fluctuations and the main ideas and concepts of particle decay during inflation, via the resummation of secular terms with the dynamical renormalization group. There are loops, IR effects and (lots of...) issues.

In theories with light or massless fields, loop diagrams can develop infrared divergences. We demonstrate how these can be resolved for a theory of massless interacting scalar fields in Euclidean de Sitter space. We also comment on applications to the in-in formalism in Lorentzian de Sitter space.

Using simple semiclassical relations it is possible to show that the conventional cosmological correlation functions are affected by significant IR corrections in quasi de Sitter space-times when averaged over very large volumes (in the "large box"). The IR effects apparently imply a breakdown of perturbation theory in the large box on sufficiently long time scales, for example the time between self-reproduction and reheating in chaotic inflation. An interpretation of the apparent breakdown of the perturbative expansion of gravity will also be briefly discussed.