SEOUL, South Korea (AP) – South Korea’s liberal-led legislature on Wednesday passed a bill allowing heavy punitive damages against traditional news and internet media for publishing “false or fabricated information,” brushing aside concerns the legislation could lead to greater censorship.
WASHINGTON (AP) – The U.S. economy grew at a surprisingly strong 4.3% annual rate in the third quarter, the most rapid expansion in two years, driven by consumers who continue to spend in the face of ongoing inflation. U.S. gross domestic product from July through September rose from its 3.8% growth rate in the April-June quarter.
PARIS (AP) – A pro-Russian hacking group claimed responsibility for a major cyberattack that halted package deliveries by France’s national postal service just days before Christmas, prosecutors said Wednesday. After the claim by the cybercrime group known as Noname057, French intelligence agency DGSI took over the investigation into the hacking attack.
Excerpts from recent editorials in the United States and abroad:
WASHINGTON (AP) – Consumers’ confidence in the economy was shaken in December as Americans grew anxious about high prices and the impact of President Donald Trump’s sweeping tariffs. The Conference Board said Tuesday that its consumer confidence index fell 3.8 points to 89.1 in December, the fifth straight monthly decline.
NEW YORK (AP) – It was a scary good year for investors. It was scary because the U.S. stock market plunged to several historic drops on worries about everything from President Donald Trump’s tariffs to interest rates to a possible bubble in artificial-intelligence technology. In the end, though, it was a great year for anyone with the stomach to stick through the swings.
LONDON (AP) – Ride-hailing companies Uber and Lyft plan to bring robotaxi services to London next year in separate partnerships with Chinese tech giant Baidu, the companies said Monday.
Paramount is sweetening its hostile takeover bid for Warner Bros. Discovery with an “irrevocable personal guarantee” from Larry Ellison, who is putting up billions of dollars to back the deal for his son’s company.
WASHINGTON (AP) – The Trump administration on Monday suspended leases for five large-scale offshore wind projects under construction along the East Coast due to what it said were national security risks identified by the Pentagon.