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South Korea’s President Yoon reverses martial law after lawmakers defy him

SEOUL – South Korean President Yoon Suk Yeol said on Wednesday he would lift a surprise martial law declaration he had imposed just hours before, backing down in a standoff with parliament which roundly rejected his attempt to ban political activity and censor the media. In South Korea’s biggest political crisis in decades, Yoon shocked the nation and declared martial law on Tuesday night to thwart “anti-state forces” among his domestic political opponents. But outraged...

Australia’s world-first social media ban for children under 16 draws mixed reaction

SYDNEY – Australians reacted on Friday with a mixture of anger and relief to a social media ban on children under 16 that the government says is world-leading, but which tech giants like TikTok argue could push young people to “darker corners of the internet”. Australia approved the social media ban for children late on Thursday after an emotive debate that has gripped the nation, setting a benchmark for jurisdictions around the world with one...

OPEC+ could delay output hike, sources say

OPEC+ is discussing postponing its oil output hike due to start in January for the first quarter of 2025, OPEC+ sources told Reuters on Thursday, and will hold further talks on this and other options ahead of its delayed policy meeting on Dec. 5. Issues that need to be addressed include an output hike for the United Arab Emirates agreed in June this year that’s scheduled to start in January 2025, two of the sources...