Top World News — October 11, Update
Here is a roundup of the top stories of Sunday, October 11 — from emergency rule in Pakistan’s Khyber Pakhtunkhwa province and rising Gulf aviation disruptions, to fresh signals from the crypto market.
UAE airlines cancel Riyadh flights as airport disruption widens
Etihad, Emirates, flydubai and Air Arabia cancelled flights to and from Riyadh on Sunday, with some cancellations extending into Monday. The cancellations follow the weekend’s missile strikes on the Saudi capital and the extended closure of King Khalid International Airport. The widening aviation disruption is adding pressure on air freight and insurance costs across the region.
Houthi foreign ministry warns Saudi Arabia: “Worse is yet to come”
The Houthi-run foreign ministry said further Saudi military action in Yemen would trigger a stronger response guided by “reciprocity”. The statement added that unless Saudi Arabia stops its “aggression and interference in Yemen, worse is yet to come”. The warning is a new escalation marker as the Saudi-led coalition continues strikes following Saturday’s deadly attack on Riyadh.
Khyber Pakhtunkhwa advisory council named under emergency rule
Pakistan’s Law Minister has announced an 11-member advisory council under the Khyber Pakhtunkhwa governor, naming portfolio heads including Kifayatullah Khan for home, Tariq Mahmood Pasha for finance, Aamir Javed for law and Dr Syed Aamir Abdullah for education. The council comes a day after emergency rule was imposed in the province, sidelining the PTI-led provincial government. Twelve conflict-affected districts will get a separate secretariat, and the governor has been authorised to deploy the army. Protests have erupted across the province, and the minister claimed a 196 percent increase in terrorist incidents over two years.
Bitcoin holds above $83,000 as whale places $23 million buy order
Bitcoin traded around $83,431, up slightly on the day, after a whale placed a $22.89 million buy order — about 275.84 BTC — at $82,975 on Binance spot, a demand counter-signal against October’s selling pressure. In Ether markets, the outflow streak continued: US spot Ether ETFs saw $542.1 million in weekly outflows, the largest since January, across nine consecutive sessions totalling about $697.2 million, with BlackRock’s ETHA accounting for roughly 88 percent of the weekly outflows.
Market snapshot
Crypto markets were steady: Bitcoin near $83,431, Ether around $2,500, the Fear and Greed index at 61 (Greed), and Bitcoin dominance at 59.2 percent. Oil markets were closed on Sunday; Friday closes stood with Brent near $104.72 and WTI near $91.85. Traders are watching Monday’s Evernorth (XRPN) Nasdaq listing, the US September CPI report on Wednesday, the EU leaders’ summit on October 15–16, and the US Federal Reserve meeting on October 28.