Docs: fix typos in PyFunction_WatchCallback docs and in 3.12 NEWS (GH-101980)

- possitibility => possibility
- disaallowed => disallowed

1 files changed, 1 insertions, 1 deletions

diff --git a/Doc/c-api/function.rst b/Doc/c-api/function.rst
index 3cce18b..bc7569d 100644
--- a/Doc/c-api/function.rst
+++ b/Doc/c-api/function.rst
@@ -169,7 +169,7 @@ There are a few functions specific to Python functions.
    before the modification to *func* takes place, so the prior state of *func*
    can be inspected. The runtime is permitted to optimize away the creation of
    function objects when possible. In such cases no event will be emitted.
-   Although this creates the possitibility of an observable difference of
+   Although this creates the possibility of an observable difference of
    runtime behavior depending on optimization decisions, it does not change
    the semantics of the Python code being executed.