The Australian parliament has passed a Bill making children under 16 using social media illegal.
One of the world's strictest laws restricting the use of social media, was passed in a hurried process within a week in the parliament with support from the Opposition.
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Political News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.