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Australia passes social media ban for children under 16

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Australia approved on Thursday a social media ban for children aged under 16 after an emotive debate that has gripped the nation, setting a benchmark for jurisdictions around the world with one of the toughest regulations targeting Big Tech.

Reuters reports that the law forces tech giants from Instagram and Facebook owner Meta (META.O), opens new tab to TikTok to stop minors logging in or face fines of up to A$49.5 million ($32 million).

A trial of methods to enforce it will start in January with the ban to take effect in a year.

The Social Media Minimum Age bill sets Australia up as a test case for a growing number of governments which have legislated or said they plan to legislate an age restriction on social media amid concern about its mental health impact on young people.

Countries including France and some U.S. states have passed laws to restrict access for minors without a parent’s permission, but the Australian ban is absolute.

A full under-14s ban in Florida is being challenged in court on free speech grounds.Getting the law passed after a marathon last day of Australia’s parliamentary year marks a political win for centre-left Prime Minister Anthony Albanese who goes to an election in 2025 amid sagging opinion polls.

The ban faced opposition from privacy advocates and some child rights groups, but 77% of the population wanted it, according to latest polls. Against the backdrop of a parliamentary inquiry through 2024 which heard evidence from parents of children who had self-harmed due to social media bullying, domestic media backed the ban led by Rupert Murdoch’s News Corp (NWSA.O), opens new tab, the country’s biggest newspaper publisher, with a campaign called “Let Them Be Kids”.

The ban could however strain Australia’s relationship with key ally the United States, where X owner Elon Musk, a central figure in the administration of president-elect Donald Trump, said in a post this month it seemed a “backdoor way to control access to the Internet by all Australians”. It also builds on an existing mood of antagonism between Australia and mostly US-domiciled tech giants.

Australia was the first country to make social media platforms pay media outlets royalties for sharing their content and now plans to threaten them with fines for failing to stamp out scams.

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China’s Foreign Minister visits four African countries on annual tour

Beijing has sent hundreds of thousands of workers and engineers to the continent and gained strategic access to its vast mineral riches, including copper, gold and lithium.

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China’s top diplomat kicks off a New Year trip to Africa on Wednesday, the foreign ministry said, seeking to boost trade on a four-country circuit that includes several recent political hotspots.

Foreign Minister Wang Yi’s tour of the continent’s east and south will take him to Ethiopia, Somalia, Tanzania and Lesotho, concluding on Monday, the ministry said in a statement.

The visits are in keeping with the Chinese diplomatic convention of recent decades, whereby the foreign minister’s first overseas trip of the year is to Africa.

The current tour “aims to deepen political mutual trust with all parties… (and) strengthen exchanges and mutual learning”, foreign ministry spokeswoman Mao Ning said Wednesday at a regular news conference.

China is Africa’s top business partner, with trade reaching $296 billion in 2024, according to Chinese state media.

Beijing has sent hundreds of thousands of workers and engineers to the continent and gained strategic access to its vast mineral riches, including copper, gold and lithium.

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Trump Announces Venezuela to Turn Over Up to 50 Million Barrels of Oil to United States

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U.S. President Donald Trump announced on Tuesday that interim authorities in Venezuela will turn over between 30 and 50 million barrels of high-quality sanctioned oil to the United States, following the recent U.S. military operation that removed Venezuelan leader Nicolás Maduro from power.

In a post on Truth Social, Trump stated: “I am pleased to announce that the Interim Authorities in Venezuela will be turning over between 30 and 50 Million Barrels of High Quality, Sanctioned Oil, to the United States of America.

This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States!

“The president added that he has directed Energy Secretary Chris Wright to execute the plan immediately, with the oil to be transported via storage ships directly to U.S. unloading docks.

The announcement comes amid ongoing developments in Venezuela, where the oil—previously held in storage due to U.S. sanctions—is estimated to be worth up to $2.8 billion at current market prices around $56 per barrel.

Analysts note that this volume represents a modest addition to global supply but could divert exports previously destined for China.U.S. crude futures dipped slightly following the news, closing lower by about 1.3%. Major U.S. oil companies, including Chevron, ExxonMobil, and ConocoPhillips, are reportedly monitoring the situation, with meetings planned between industry representatives and the administration to discuss future investments in Venezuela’s vast oil reserves.

The deal marks a significant step in Trump’s stated goal of revitalizing Venezuela’s oil sector, which holds the world’s largest proven reserves but has seen production decline sharply in recent years due to sanctions, underinvestment, and mismanagement.

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Nicolas Maduro, wife plead not guilty in New York court

Maduro, 63, told a federal judge in Manhattan that he had been “kidnapped” from Venezuela and said, “I’m innocent, I’m not guilty; I’m still the president of my country.”

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Deposed Venezuelan president Nicolas Maduro pleaded not guilty to charges of narco-terrorism in a New York court on Monday, two days after being snatched by US forces in a stunning raid on his home in Caracas.

Maduro, 63, told a federal judge in Manhattan that he had been “kidnapped” from Venezuela and said, “I’m innocent, I’m not guilty; I’m still the president of my country.”

Maduro’s wife Cilia Flores likewise pleaded not guilty.

The pair were snatched by US commandos in the early hours of Saturday in an assault backed by warplanes and a heavy naval deployment.

(AFP)

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