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South Korea ends martial law after swift legislative vote

South Korea ends martial law hours after Yoon Suk Yeol’s declaration, sparking political backlash and protests from the opposition.

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South Korea’s National Assembly voted 190 to 0 early Wednesday to end martial law, which had been declared just hours earlier by President Yoon Suk Yeol.

Yoon accused opposition parties of threatening the constitutional order, citing a rejected budget proposal and impeachment cases as reasons for his declaration. He stated that martial law aimed to eradicate pro-North Korean influences.

The immediate aftermath of the declaration saw lawmakers facing challenges to access the National Assembly, with armed guards in place.

The declaration restricted political activities and media control while demanding medical personnel return to work.

Lawmakers from both major parties, including Yoon’s People Power Party, opposed the martial law. The opposition Democratic Party, holding majority control, quickly called for an emergency meeting.

Yoon’s decision

Lee Jae-myung, leader of the Democratic Party, criticised Yoon’s decision, arguing that it lacked justification and risked military control over democracy. He urged citizens to rally in support of democratic processes.

As martial law took effect, financial markets reacted, leading to a decline in the South Korean won. Yoon’s approval ratings have significantly dropped amid political turmoil, with perceived failures to govern effectively.

Responses to the martial law declaration included backlash from within Yoon’s own party and concerns over democracy’s health in South Korea.

Analysts suggest Yoon must clarify his actions to avoid a perception of using martial law for domestic political disputes.

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Tasmania AFL team confirmed: Macquarie Point stadium legislation passes

Tasmania joins AFL with the Tassie Devils set for 2028; legislation passed for Macquarie Point stadium.

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Tasmania joins AFL with the Tassie Devils set for 2028; legislation passed for Macquarie Point stadium.


Tasmania is officially joining the AFL! After a marathon debate, the Legislative Council has passed the Macquarie Point stadium-precinct legislation 9-5. This milestone paves the way for the Tassie Devils Football Club to join the AFL in 2028, marking a historic moment for Tasmanian sport.

In an exclusive segment of Footynomics: The Business of Sport, Professor Tim Harcourt discusses the significance of this legislation, the social and economic impact of a new AFL team, and why this process took longer than expected.

We also explore what comes next for Tasmania, the AFL, and the broader implications for sports both in Australia and internationally.

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#TasmaniaAFL #TassieDevils #AFLExpansion #Footynomics #MacquariePoint #SportsEconomics #AustralianFootball #TickerNews


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Australian Dollar hits five-week high amid weak GDP and US Dollar

Australian dollar hits five-week high amid soft US dollar, traders eye RBA policies and Fed meeting impacts.

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Australian dollar hits five-week high amid soft US dollar, traders eye RBA policies and Fed meeting impacts.


The Australian dollar has surged to a five-week high as disappointing GDP data and a softer US dollar reshape trader expectations. Market participants are closely watching the Reserve Bank of Australia’s next policy meeting to gauge future interest rate decisions.

We sit down with Steve Gopalan from SkandaFX to break down what these developments mean for the Australian economy and global markets. From Q3 growth figures to inflation indicators, Steve explains the key drivers behind the Aussie dollar’s recent gains.

Traders are also keeping an eye on the Federal Reserve’s upcoming policy meeting, as a weaker US dollar could have further implications for the Australian currency. Stay informed with expert insights and what to expect in the weeks ahead.

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#AustralianDollar #ForexNews #AUD #GDPUpdate #USdollar #InterestRates #RBA #MarketAnalysis


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EU launches antitrust probe into Meta over WhatsApp AI policy

EU probes Meta’s WhatsApp AI chatbot policy for potential antitrust violations affecting third-party developers and competition.

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EU probes Meta’s WhatsApp AI chatbot policy for potential antitrust violations affecting third-party developers and competition.


The European Commission has opened an antitrust investigation into Meta over WhatsApp’s new AI chatbot policy. The inquiry examines whether the policy restricts third-party AI developers from accessing WhatsApp’s business tools, potentially breaching EU competition rules.

Meta updated its terms, effective January 2026, which have already barred new AI providers since October 15. The rules prohibit AI developers from using WhatsApp as their primary service, affecting a number of AI companies looking to integrate with the platform.

The EU’s competition commissioner is considering interim measures to ensure fair competition. If Meta is found in violation, it could face fines of up to 10% of its global annual revenue.

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#Meta #WhatsApp #EURegulation #AIChatbots #TechNews #Antitrust #DigitalCompetition #MetaAI


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