Takes Effect

• South Korea began enforcing a new law on Tuesday that allows for steep punitive damages against news outlets and social media influencers who spread false information. • The legislation targets "fake news" by imposing significant financial penalties on those found to be disseminating misinformation. • Journalist groups have raised alarms, warning that the law could invite government censorship and chill public discourse.

• South Korea implemented a new disinformation law on Tuesday, introducing punitive damages and stricter obligations for digital platforms. • Major platforms must now establish formal procedures for reporting and managing disinformation, hate speech, and discriminatory content. • The Democratic Party of Korea argues the law is essential to combat social damage caused by "cyber wreckers" who spread false claims for profit.

• South Korea has implemented a new law allowing for steep punitive damages against news outlets and social media influencers who spread false information. • Journalist groups warn that the legislation could stifle public discourse and be weaponized by the state to invite censorship. • The law arrives amid political polarization, with critics noting that figures like Yoon have previously promoted unsubstantiated election fraud claims to rally conservative supporters.

• US President Donald Trump and Iranian President Masoud Pezeshkian have electronically signed a memorandum of understanding to end a nearly four-month conflict involving the US, Israel, and Iran. • The 14-point plan mandates an immediate cessation of military operations on all fronts and the full reopening of the Strait of Hormuz to global shipping. • A critical component of the deal is a commitment to prevent Iran from developing or acquiring nuclear weapons, addressing a primary security concern for the US and Israel.

• A comprehensive overhaul of the European Union's immigration and asylum policy officially enters into force this Friday after a decade of development. • The new rules aim to toughen migration controls in response to increasing political pressure from far-right nationalist parties across the bloc. • Member states are currently struggling to implement the complex regulations, while the "political centre of gravity" continues to shift rightward.

Adelaide has the biggest price decline, with unleaded down 24.9 cents and diesel down 21.3 centsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastFuel prices have started falling immediately across Australia in the wake of the government’s fuel excise cut, unexpectedly accelerating the delivery of the Albanese government’s cost-of-living relief.Prices in capital cities paused then plummeted on Wednesday, after the prime minister announced the tax on petrol and diesel would be halved to 26.3 cents a litre. Continue reading...