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Snakes on a plane? Qantas’ big issues with aircraft storage

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Qantas engineers maintaining the airline’s grounded Airbus A380 fleet in the Californian Mojave desert are facing a pretty big problem: Rattlesnakes are making homes in the landing gear

The airline moved its superjumbo fleet to Victorville aircraft boneyard for deep storage last year, due to the downturn in air travel and the suspension of its international routes.

The location’s dry heat and low humidity make it ideal for storing aircraft, but at the same time, it’s also an ideal environment for highly venomous rattlesnakes and scorpions.

The nasty critters are setting up home around the grounded planes’ tyres and landing gear.

Qantas says it does have a plan

The Aussie airline has revealed it has began using a “wheel whacker” to try and scare off the snakes before carrying out inspections.

Qantas is using a “wheel wacker” to fight off the snakes.

Meanwhile the airlines boss Alan Joyce has estimated the A380s won’t return to the skies until 2023, when demand for international travel is expected to recovered.

The world’s largest passenger aircraft, the A380 can carry up to 485 passengers in Qantas’s four-class layout.

Several Boeing 787 Dreamliners, which are also used for international long-haul routes, have also been put into storage at Mojave, though the airline recently announced it would start putting Dreamliners on its Sydney-Perth route.

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Wall Street rallies as oil prices dip and bitcoin hits new high

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Wall Street started the week on a high note, extending last week’s rally as oil prices fell and bitcoin surged to a new record.

The Dow Jones jumped 1%, reaching over 44,000, with Tesla and big banks leading gains.

Crypto stocks soared as bitcoin hit an all-time high above $82,300, driven by optimism about lighter regulation.

Investors are also focused on upcoming inflation data, which could provide more clues about interest rates.

The dollar remained near a recent peak as Federal Reserve speakers, including Chair Jerome Powell, are set to weigh in later this week.

European markets followed suit, with the pan-European STOXX 600 rising over 1% on Monday.

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Money

Bitcoin surges to record highs post-election

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Bitcoin soared to nearly $80,000, reaching unprecedented levels following Donald Trump’s decisive presidential victory earlier this week.

This marks a significant 65.4% increase from its January low of $38,505, underscoring the cryptocurrency’s remarkable growth this year.

The surge is largely attributed to President-elect Trump’s commitment to establishing the United States as “the crypto capital of the planet,” signaling a potential shift toward more favorable regulations for digital currencies.

Investors are optimistic that the incoming administration’s pro-crypto stance will further bolster the market, potentially leading to sustained growth in the sector.

Analysts suggest that this momentum could pave the way for Bitcoin to reach even higher valuations in the near future.

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Money

Iron ore and oil prices drop as Beijing holds back

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China’s National People’s Congress announced a $1.3 trillion plan, but it’s focused on debt, not demand.

Mining giants BHP and Rio Tinto saw share prices fall as hopes for a strong stimulus faded.

Analysts say this “recycling debt plan” won’t deliver a boost for Australia’s resource exports.

Iron ore futures dropped 3%, and oil prices fell 2% after China’s announcement.

Some Australian economists see this as a missed opportunity for mining and the broader economy.

Beijing may wait for clarity on Trump’s trade policies before introducing more aggressive stimulus.

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