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Australia's government is set to introduce legislation banning social media access for children under 16, citing mental health concerns. The bill, announced by Prime Minister Anthony Albanese, will hold platforms accountable for enforcing the age limit and is expected to pass by the end of the year.
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China has filed a lawsuit with the WTO against the EU's newly imposed tariffs on Chinese electric vehicles, which can reach up to 35.3%. The tariffs, seen as protectionist measures, have raised concerns about escalating trade tensions and potential retaliatory actions from China.
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Chancellor Rachel Reeves' recent Budget has sparked significant internal dissent within the Labour Party, despite initial public support. The Budget, which includes substantial tax increases and spending commitments, has raised concerns about its impact on economic growth and living standards, leading to fears of future austerity measures.
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Italy and the Czech Republic are urging the EU to consider a wider range of solutions for electric vehicles beyond battery and hydrogen technologies. They want a review of current policies expedited to 2025, amid rising tensions over tariffs on Chinese electric vehicles.
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Following the parliamentary elections in Georgia, the ruling Georgian Dream party claimed victory amid allegations of electoral fraud. Pro-Western opposition leaders and President Salome Zourabichvili have declared the results illegitimate, leading to widespread protests and calls for new elections. International observers have raised concerns over the election's integrity.
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The European Commission has fined Meta €798 million for abusing its market dominance by linking Facebook Marketplace to its social network, creating unfair competition for rival classified ad services. Meta plans to appeal the decision, claiming it ignores market realities.