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Qantas dumps Perth to London flight as border war in

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Australia’s national carrier has made drastic changes to its operating schedule as the country’s border spat continues

Qantas on Monday announced that it is bringing forward the resumption date of popular flight paths by at least a month, after both the Victorian and New South Wales governments revealed their roadmaps out of lockdowns.

Flights between Victoria and New South Wales will now begin on November 5, earlier than the previous date of December 1. The change is based on Victoria’s reopening plan.

However, as previously flagged, Qantas will temporarily reroute its flagship Perth-London service until at least April 2022 due to border restrictions with Western Australia

Qantas says, internationally, flights are still on track to gradually restart from 18 December 2021 onwards when Australia is expected to have reached National Cabinet’s ‘Phase C’ vaccination threshold of 80 per cent. However, as previously flagged by the airline, Qantas will temporarily reroute its flagship Perth-London service until at least April 2022 due to the latest WA border settings and assumptions.

Qantas staff talk to passengers onboard a flight bound for Auckland on April 19.

Qantas is in detailed discussions with the Northern Territory Government and Darwin Airport to assess operating the direct London flight from Darwin during this time

The national carrier has successfully used Darwin as a hub for its repatriation flights to various destinations across Europe, Asia and the Middle East over the past 12 months.

The discussions for what would be a daily Melbourne-Darwin-London service focus on the logistics of domestic and international transit under the current NT Government Plan for COVID-Management at Stage 3 of the National Plan. If this service can’t operate through Darwin, it will instead fly Melbourne-Singapore-London until at least April 2022. A decision on the exact routing is likely to be made within the next two weeks.

Qantas Group CEO, Alan Joyce, said: “It’s great to see plans firming up for some domestic borders opening given the success of the national vaccine rollout.

“We’re now planning to ramp up flying between Melbourne and Sydney, which is usually the second busiest air route in the world, almost a month earlier than expected.  There are also a lot of regional destinations that will open up for the first time since June, which is great news for tourism as well as family and friends who can’t wait to see each other again.”

“Get ready to see some emotional reunions at airports from late-October onwards.”

The intense discussions with WA

Qantas says: “Based on our discussions with Western Australia we know their borders won’t be open to New South Wales and Victoria until early next year, so we’ve sadly had to cancel the flying we had planned on those routes in the lead-up to Christmas. We will maintain a minimum service for people with permits to travel, though, as we have throughout the pandemic.”

“At this stage, WA doesn’t intend to open to international travel until sometime next year, so we’ll unfortunately have to temporarily move our Perth-London service until at least April 2022. Instead of operating from Melbourne to Perth and then on to London as it usually does, this flight will operate from Melbourne to London via either Darwin or Singapore, depending on conversations we’re having with the NT in the coming weeks. We look forward to operating this flight via Perth again when circumstances allow.”

“The pace of the vaccine rollout means we’re still on track for international flying to restart from 18 December onwards.”

Should State or Federal roadmaps change, and flights are cancelled, customers may be eligible for a refund, credit voucher or to change the date of their travel

Further details are available on Qantas and Jetstar’s websites.

International flights remain subject to Government and Regulatory approval.

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Money

Gold plunges as investors react to Middle East ceasefire

Gold prices fall over 2% to below $4,000, as investors shift from safe-haven assets after Gaza ceasefire news.

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Gold prices fall over 2% to below $4,000, as investors shift from safe-haven assets after Gaza ceasefire news.


Gold prices have fallen sharply, dropping over two per cent to below $4,000 per ounce, as investors took profits following the announcement of a Gaza ceasefire agreement. The deal between Israel and Hamas triggered a shift away from safe-haven assets, with silver and platinum also sliding.

The U.S. dollar strengthened as markets responded to the news, making precious metals more expensive for foreign buyers. Analysts say the pullback is likely temporary, with long-term demand for gold and silver expected to remain strong amid global instability and rising debt levels.

Market experts warn that volatility will continue as geopolitical tensions persist, even as short-term optimism grows around the Middle East peace process.

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Gold and silver prices drop after Gaza ceasefire

Gold dips below $4,000/oz amid profit-taking and Gaza ceasefire; silver also softens from record highs

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Gold dips below $4,000/oz amid profit-taking and Gaza ceasefire; silver also softens from record highs

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In Short:
– Gold prices fell over 2% to below $4,000 per ounce due to a stronger dollar and profit-taking.
– Silver eased to $48.93 per ounce, influenced by market activity and ongoing high demand despite supply issues.
Gold prices fell over 2% on Thursday, dropping below $4,000 per ounce. The decline followed a strong rise earlier in the year and was influenced by a stronger dollar and profit-taking after a ceasefire deal between Israel and Hamas.Spot gold decreased to $3,959.48 per ounce, while U.S. gold futures for December delivery settled at $3,972.6.

Silver also experienced a slight decline, easing from its record high to $48.93 per ounce. The dollar index increased, making gold more expensive for overseas buyers.

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Traders noted increased activity in the market as profit-taking coincided with reduced tensions in a historically volatile region.

An independent metals trader stated that while gold and silver may need to consolidate further, the underlying demand drivers remain intact.

Market Overview

Gold surpassed $4,000 per ounce on Wednesday, reaching $4,059.05, boosted by geopolitical tensions and strong demand from central banks. The asset has gained about 52% this year, reflecting a significant increase due to various economic factors. The U.S. central bank’s decision to cut rates in September also contributed to the rally, with expectations for future cuts in the coming months.

Silver’s price increase of 69% this year is tied closely to similar economic trends impacting gold. Notably, liquidity issues in the silver market are being exacerbated by strong demand and tight supply conditions. Other precious metals, such as platinum and palladium, also saw declines during this period.

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Money

North Korean hackers steal $2 billion in crypto

North Korean hackers steal over $2 billion in cryptocurrency, marking the largest annual total in history

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North Korean hackers steal over $2 billion in cryptocurrency, marking the largest annual total in history

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In Short:
– North Korean hackers stole over $2 billion in cryptocurrency in 2025, nearly tripling last year’s total.
– A shift to social engineering tactics has led to increased targeting of high-net-worth individuals for cyber attacks.
North Korean hackers have reportedly stolen over $2 billion in cryptocurrency assets in 2025, setting a record with three months still left in the year.
Data from blockchain analytics firm Elliptic indicates that this amount nearly triples the total stolen last year, accounting for approximately 13% of North Korea’s estimated GDP and raising the regime’s total crypto theft to over $6 billion since 2017.Banner

A significant portion of the 2025 theft is attributed to the February hack of cryptocurrency exchange Bybit, which amounted to $1.46 billion.

The FBI has linked this breach to state-sponsored North Korean hackers, who exploited weaknesses in Bybit’s wallet management system. More than 30 additional cyber attacks have also been associated with North Korea this year, including notable breaches at LND.fi and WOO X.

Shift In Tactics

A shift in methodology among North Korean hackers has been observed, as they now focus on social engineering rather than technical exploits. According to Elliptic, the primary vulnerability lies with individuals rather than technology.

High-net-worth individuals and corporate executives are increasingly targeted due to their relatively weaker security measures.

The hackers utilise deceptive tactics, including phishing schemes and fake job offers, to access private cryptocurrency wallets. Intelligence reports suggest that the stolen funds are used to finance North Korea’s nuclear programmes.

The regime has also improved its money laundering techniques by employing various cryptocurrencies and mixing methods to obscure fund origins. Blockchain analysts are actively tracking these stolen assets, with notable progress achieved in identifying recoverable funds.


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