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Australia to ban under-16s from social media

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Australian Prime Minister, Anthony Albanese, said on Thursday that the government will  introduce a legislation to ban children under the age of 16 from  social media.

Albanese said at a press conference that the legislation will be introduced in the country’s parliament during its final two weeks in session this year, beginning on November 18.

The prime minister lamented that social media “was doing harm to our kids, and I’m calling time on it.”

He said the ban would take effect 12 months after the law passes. Albanese said there would be no penalties for users, and that it would be up to Australia’s online regulator to enforce the laws.

The prime minister added that there will be no exemptions for children who have parental consent, or who already have accounts. Today, the minister and I have an important announcement.

And this one is for the mums and dads. Social media is doing harm to our kids and I am calling time on it,” he said.

“I have spoken to thousands of parents, grandparents, aunties and uncles. They are worried sick about the safety of our kids online. “And I want Australian parents and families to know that the government has your back.

I want the parents to be able to say ‘sorry it is against the law for me to get you to do this’. “… The government’s proposed age is 16. And that decision was made in cabinet on Monday. And that proposal will go to the national cabinet that I am conveying.

The onus will be on parents and young people. There will be no penalty for users.

A safety commissioner will provide oversight function and enforcement. The legislation will come into force 12 months after passage. There will also be a review.

” Michelle Rowland, the communications minister, said platforms impacted would include Meta Platforms’ Instagram and Facebook, as well as ByteDance’s TikTok and Elon Musk’s X.

“Alphabet’s YouTube would likely also fall within the scope of the legislation,” she added. Earlier proposals to introduce a social media age limit have enjoyed broad bipartisan support in Australia.

International

U.K.–India set to boost bilateral trade by over $34 billion a year

The FTA, which slashes duties on goods including textiles, alcohol and automobiles, was signed Thursday in the presence of Indian Prime Minister Narendra Modi and his UK counterpart, Keir Starmer.

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•Indian Prime Minister Narendra Modi and his UK counterpart, Keir Starmer.

U.K. and India’s bilateral trade is set to get a more than $34 billion annual boost over the long term following their free trade agreement, with the countries’ leaders calling it a “historic” deal.

CNBC reported that the FTA, which slashes duties on goods including textiles, alcohol and automobiles, was signed on Thursday in the presence of Indian Prime Minister Narendra Modi and his UK counterpart, Keir Starmer.

Both sides had finalized the trade pact in May after three years of intense negotiations — marked by thorny issues such as visas, tariff reduction and tax breaks.

Talks gained momentum and both governments accelerated to seal the deal as U.S. President Donald Trump’s tariff threats sent the world in disarray.

The agreement between the world’s fifth and sixth largest economies is expected to boost their bilateral trade by 25.5 billion pounds per year by 2040.

Trade in goods and services stood at over 40 billion pounds in 2024.

The deal offers “huge benefits to both of our countries,” boosting wages, raising living standards and bringing down prices for consumers, Starmer said.

India’s Modi lauded the agreement as “a blueprint for our shared prosperity,” highlighting how Indian goods including textiles, jewelry, agricultural products and engineering items would benefit from a better access to the U.K. market.

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Russian missing plane found in Forest – No Survivors

Amur’s regional governor Vasily Orlov said five children were among those on board and declared three days of mourning.

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Russian officials say 48 people were killed when an Angara Airlines plane went down in a dense forest in the far-eastern Amur region.

The Antonov An-24 plane, carrying 42 passengers and six crew, had left Blagoveshchensk close to the Chinese border and vanished from radar screens as it approached Tynda airport, officials said.

A Russian civil aviation helicopter then spotted burning fuselage from the plane on a remote hillside about 16km (10 miles) from Tynda.

Amur’s regional governor Vasily Orlov said five children were among those on board and declared three days of mourning.

Orlov said that according to preliminary data, there were 43 passengers, including five children, and six crew members on board the plane operated by a Siberian airline.

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EU ready to hit US with 21-billion-euro tariff list

He said the goal should be “zero tariffs” and an open market among Canada, the United States, Mexico and Europe.

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MILAN (Reuters) -The European Union has already prepared a list of tariffs worth 21 billion euros ($24.52 billion) on U.S. goods if the two sides fail to reach a trade deal, Italy’s Foreign Minister Antonio Tajani said in a newspaper interview on Monday.

President Donald Trump on Saturday threatened to impose a 30% tariff on imports from Mexico and the EU starting on Aug. 1, after weeks of negotiations with major U.S. trading partners failed to reach a comprehensive deal.

Tajani also told daily Il Messaggero that to help the euro zone economy the European Central Bank should consider a new “quantitative easing” bond-buying-programme, and more interest rate cuts.

The European Union said on Sunday it would extend its suspension of countermeasures to U.S. tariffs until early August and continue to press for a negotiated settlement.

Tajani said the 21-billion-euro package of tariffs the EU has already prepared could be followed by a second set if a deal with the U.S proves impossible.

He added, however, that he was confident that progress could be made in negotiations.

“Tariffs hurt every one, starting with the United States,” he said. “If stock markets fall that puts at risk the pensions and the savings of the Americans.”

He said the goal should be “zero tariffs” and an open market among Canada, the United States, Mexico and Europe.

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