Chancellor Jeremy Hunt says that the recession we are facing 'is likely to get worse before it gets better'. He adds that the public sector strikes are making it 'even more difficult'. But where is Rishi, who promised the moon before becoming PM?
Where is Rishi, who promised a better economy if he replaced Liz Truss, but has in fact made it much worse?

Where is Rishi, who promised that as Prime Minister he could solve all the economic problems he created as Chancellor?

For how long will these crooked politicians continue to mislead the public, pointing fingers at others instead of taking responsibility, and instead of providing the solutions they promised?

It's time to stop the cheap trick, deployed whenever the public is struggling to pay household bills, of the government shifting the public's attention from the real, big, urgent problems at home, to the problems of others, in Ukraine.

It's time for someone to tell the truth out loud about the emperor's new clothes: that Ukraine is someone else's problem. (Even though the problem with Russia was actually created by Britain, and its usual partners, when they pushed Ukraine into violating the Minsk Agreement - a violation that was the sole reason that triggered this war).

Rising food prices and sky-rocketing energy costs are not "Putin's fault". They are the direct consequence of our politicians' stupid decision to sanction Europe's main energy and food supplier. As if that short-sighted, ineffectual move would stop the war, instead of having the opposite effect: making Russia richer and our economy poorer.

Do we really believe we are punishing the Russians by committing economic suicide ourselves? Where's the logic in that?
Where is the benefit to us from those sanctions? Indeed, where even is the benefit to Ukraine from those sanctions?

What leads us to think that if we beat ourselves up, quite severely this time, the fighting spirit of the Russians will be defeated? It didn't work against Iran, it didn't work against Cuba, and it didn't work against Venezuela. It has always proven to be the case that sanctions hurt those who impose them the most, while greatly hardening the position of the opposing side. The policies of a regime, however unpleasant, are changed only through persuasion and by addressing the other side's needs, sensitivities and fears. We should already know that. Only crazy and frustrated parents think they can educate their children through beatings, hunger and oppression.

The sanctions against Europe's major energy and food supplier have destroyed our quality of life, for all our citizens, as well as our savings and pension funds. It doesn't help that at the same time the sanctions-shortage-speculation cycle has greatly enriched the economic and political elite who are profiting mightily from the war industry. And not less so from the bribery and kickback system that the very same politicians control as they distribute the aid money to Ukraine - well, some of it, less their commission.

The real facts of our misguided military misadventures overseas are known to all, or should be. All the post-war brainwashing, poignant memorial day ceremonies, and cheap brassy medals do not change the tragic outcomes of our pointless forays into countries where we were never wanted, and not actually needed. The reality is that we lost the war in Vietnam, we lost the wars in Iraq and Libya, and we were defeated by a bunch of primitive warriors in Afghanistan. All despite the fact that along the way we managed to destroy the lives of millions of innocent citizens in each of those countries. We sacrificed the lives of the very best of our guys - killed in Iraq, Afghanistan and other fake wars - not for the defense of our homeland, but for the ruthless, venal interests of others. The deaths of thousands of our brave servicemen in other people's wars were also in fact for nothing. Their deployment for unjust and unjustified causes did much damage to humanity at large, yet their deaths were of absolutely no benefit to their country.

The tragic crisis unfolding in Ukraine is not the issue that the government should proffer as the reason why the public is being hit by the sky-rocketing cost of living and continuing low wages.

Nor should the government be blaming the people who are now going out on strike. The strikers are not the perpetrators, they are the victims. The perpetrators are the politicians with their stupidity, corruption and greed.

Instead of splashing billions more dollars on stoking the war in Ukraine, the government should first be spending their tax payers' money on their own tax payers.

We should look after embattled citizens in other war-torn countries only after we have taken care of our own embattled citizens, not before.
Tragic though their situation is, those poor people did not pay our taxes. We did. We paid them to enjoy basic services in healthcare, accommodation, education and transportation. Not to be served last. To be served first.
The July launch links credit-card spending and rewards to Kimi memberships and AI computing benefits, although some claims about conversational banking functions go beyond what the companies’ official materials currently confirm.
Chinese artificial-intelligence company Moonshot AI has launched a Kimi-branded credit card with Agricultural Bank of China and American Express, bringing AI subscriptions and computing-related rewards directly into a mainstream banking product.

The card became available in mainland China on July 10, 2026, after opening for reservations in June.

Kimi and some reports have described it as the world’s first “AI-native” credit card, although that designation is a marketing description rather than an independently established industry category.

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The most significant verified feature is not that artificial intelligence replaces the bank’s conventional credit-card infrastructure.

Instead, Kimi services are built into the card’s membership and rewards proposition.

Kimi’s own explanation says an AI-native credit card embeds Kimi membership, credits and related benefits into card opening and points-based spending, while also offering AI-oriented activities such as prompt courses and sharing sessions.

Agricultural Bank of China remains responsible for the credit-card account and associated banking functions.

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The card is offered in standard and premium platinum versions tied to different Kimi membership levels.

Published product information says the standard card corresponds to Kimi’s Andante membership tier and carries a main-card annual fee of 580 yuan, with the first year waived and subsequent annual fees waived after ten qualifying transactions.

The premium platinum version corresponds to the higher Allegretto tier and carries an annual fee of 880 yuan, which can be offset with 200,000 qualifying points.

Cardholders can obtain Kimi-related benefits including memberships and access to AI resources such as Agent and Kimi Code usage, alongside opportunities connected to new Kimi models.

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Agricultural Bank of China is also using introductory incentives to attract customers.

During a campaign running from July 10 through September 30, first-time applicants for the premium platinum card who spend at least 5,888 yuan within the qualifying period can receive a Kimi-branded NFC accessory and two monthly Allegretto memberships.

A separate promotion for eligible new Agricultural Bank of China credit-card customers offers Kimi-related rewards after three purchases of at least 18 yuan each.

The card is currently available only in mainland China.

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Some descriptions of the product have gone considerably further, portraying the card as a conversational financial assistant capable of examining transaction histories, answering natural-language questions about spending, planning repayments, blocking purchases when budgets are exceeded and identifying suspicious transactions before authorization.

Those functions have appeared in secondary coverage of the launch.

However, the official Kimi and Agricultural Bank of China materials reviewed for the product do not clearly establish that these capabilities are currently integrated into the live credit-card account.

The verified launch is therefore better understood as a credit card deeply tied to Kimi’s AI ecosystem and digital benefits rather than, on the available evidence, an autonomous AI system managing a customer’s credit account.

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The distinction matters because it changes the privacy implications.

A card that merely awards AI subscriptions or computing credits creates a different data relationship from one that gives a large language model direct access to a customer’s full transaction history, credit profile and repayment behavior.

Official campaign terms show that some personal information is shared where necessary to deliver Kimi memberships and promotional rewards, but they do not establish that Moonshot AI routinely receives complete card transaction histories for conversational analysis.

Claims about AI-driven lending decisions, personalized credit scoring or continuous surveillance of cardholder spending therefore remain unconfirmed for this product.

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The launch nevertheless reflects a broader shift in China’s financial sector.

Several Chinese banks have recently introduced cards or banking products that exchange ordinary spending activity for access to AI models, cloud-computing resources or tokens.

China Merchants Bank, Ping An Bank, Shanghai Pudong Development Bank and MYbank have all been associated with similar initiatives involving technology companies or cloud providers.

The emerging competition is aimed particularly at developers, technology workers and heavy users of generative AI, turning computing resources into a new category of credit-card reward.

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For Moonshot AI, the card gives Kimi another distribution channel beyond conventional AI subscriptions.

For Agricultural Bank of China, it offers a way to attract technology-oriented customers in a Chinese credit-card market that has been contracting.

American Express contributes the card-network component to the three-party product.

The experiment could become more consequential if future versions connect conversational AI securely to banking data and account controls.

For now, however, the clearest innovation is more modest and more concrete: spending on a conventional bank-issued credit card can generate benefits that consumers use inside an AI platform.

The next test will be whether that model appeals beyond developers and intensive AI users strongly enough to become a lasting category of financial product rather than a specialized co-branded rewards card.
New cultural directives and security measures targeting minority communities in Indonesia have drawn criticism from international rights groups, while the developments are raising concerns among multinational companies about the country’s social environment.
Malaysia is seeking diplomatic solutions after a change in British regulations disrupted practice pathways for Malaysian medical students studying at international campuses, raising concerns over the country’s investment in overseas medical education and its future healthcare workforce.
Prime Minister Anwar Ibrahim has defended the government’s economic reform agenda during a parliamentary dispute over management of the Tabung Haji pilgrimage fund, as opposition tensions expose divisions over strategic state investment.
Manufacturers across Southeast Asia are preparing for possible changes in US bilateral trade policy that could redirect more Chinese industrial goods into regional markets while encouraging companies to shift investment toward ASEAN production bases.
Thailand’s tourism authorities are shifting greater attention toward high-spending and long-stay international visitors as localised tensions along the Cambodian border complicate some cross-border tourism flows.
Thailand plans to use the influx of international delegates for the World Bank meetings to promote geographical indication products, premium jasmine rice, and heritage textiles, combining economic diplomacy with cultural promotion.
Merck is upgrading its Singapore operations with an advanced biosafety testing laboratory, strengthening the city-state’s role as a regional research and biomanufacturing centre serving healthcare and biotechnology markets across Asia-Pacific.
The use of an artificial intelligence-generated video in Singapore’s national day celebrations has prompted debate over human filmmaking, intellectual property, and the role of AI in the city-state’s creative economy.
Vietnamese automaker VinFast is rapidly adding authorised dealerships and service centres across Indonesia, intensifying competition with established Japanese manufacturers and Chinese electric vehicle brands in one of Southeast Asia’s largest markets.
Vietnam is preparing new tax incentives for high-tech foreign manufacturers that maintain at least thirty percent domestic equity and transfer core technologies to local partners as the government seeks to move higher up the manufacturing value chain.
Vietnamese satellite startup VinSpace has secured a dedicated launch arrangement with SpaceX as Hanoi seeks to strengthen its domestic space industry and expand its role in regional satellite communications.
Singapore is accelerating agreements to import renewable electricity from neighboring ASEAN countries as rapidly expanding data centers and artificial intelligence infrastructure increase energy demand and put pressure on the city-state’s carbon reduction goals.
Severe monsoon rains have displaced more than five hundred thousand people across Manila and thirty-three provinces, prompting the Philippine government to redirect funding from its Build Better More infrastructure programme toward disaster recovery and economic support.
US defense officials have called for greater domestic defense spending during high-level consultations with the Philippines, signalling a more pragmatic approach to regional security partnerships as maritime tensions rise in the South China Sea.
Thailand’s Finance Ministry says timely approval of the national budget will allow funding for major infrastructure projects to continue without interruption, supporting public investment and development across the Eastern Economic Corridor.
Southeast Asian economic ministers are advancing plans for digital payments, cross-border data flows, and more unified supply-chain rules as the region seeks greater economic resilience amid rising global trade tensions and tariff risks.
Bangkok is preparing to host more than fifteen thousand delegates for the October IMF and World Bank annual meetings while promoting the Bangkok Blueprint, a policy framework focused on digital public infrastructure and climate finance.
DHL Express has introduced a daily Boeing 767 freighter service linking Shanghai directly with Bangkok as cross-border trade and manufacturing activity between China, Thailand, and mainland Southeast Asia continues to expand.
Foreign investment in Thailand reached one hundred eighty-seven billion baht in the first half of the year, prompting the Finance Ministry to raise its growth outlook as advanced technology and manufacturing projects benefit from the Thailand FastPass investment scheme.
Deputy Prime Minister Sihasak Phuangketkeow has travelled to Moscow to finalise a new strategic consultation plan and expand trade with Eurasia, reinforcing Thailand’s effort to maintain active neutrality while deepening ties with major global powers.
The Republic of Singapore Air Force has carried out a helicopter medical evacuation of an ill crew member from a commercial vessel, highlighting Singapore’s role in maritime emergency response along some of the world’s busiest shipping routes.
The ASEAN Secretariat has launched a regional workshop aimed at accelerating the clearance of legacy landmines and unexploded ordnance in affected member states, with the goal of making land available for agriculture and infrastructure development.
Singaporean health and technology experts are advocating regulations that would require social media companies to modify how algorithms deliver content to young users, moving beyond simple limits on overall screen time.
Search and rescue operations in Baguio City following deadly monsoon-triggered landslides have renewed calls for stronger infrastructure and more comprehensive geological risk assessments as the Philippines prepares for increasingly challenging annual monsoon seasons.
Indonesian authorities have raised coastal flooding alerts across six districts in Bali as extreme weather and rising sea levels increase risks to tourism infrastructure and property in one of Southeast Asia’s most important destinations.
ASEAN Secretary-General Kao Kim Hourn has held talks with European diplomatic officials in Jakarta on maintaining economic links and regulatory cooperation between Southeast Asia and the European Union as trade disputes and geopolitical tensions disrupt global supply chains.
Southeast Asian diplomats have reaffirmed the ASEAN Five-Point Consensus as the bloc’s framework for addressing the Myanmar crisis, including efforts to manage refugee movements and limit wider regional instability.
Thai tourism and finance authorities are finalizing a fee for international visitors that would help fund tourism infrastructure while also supporting domestic travel subsidies designed to spread tourism spending beyond major metropolitan areas.
Indonesia has nominated Senior Deputy Governor Destry Damayanti as the sole candidate for a leadership role at the central bank, offering policy continuity as investors monitor the rupiah and the country’s monetary policy.
An Israeli software security company has secured sixty million dollars in funding to establish operations in Singapore, targeting cybersecurity risks associated with the expansion of artificial intelligence systems and corporate cloud infrastructure across Southeast Asia.
Singapore’s tax authorities have recovered a twenty-four percent capital gains tax from a foreign holding company after determining that the entity lacked genuine commercial purpose in the Southeast Asian market, signaling closer scrutiny of cross-border corporate structures.
Vietnamese electric mobility operators are developing a high-speed charging network in Indonesia’s capital, seeking to expand across Southeast Asia’s largest consumer market as the region moves toward wider adoption of electric vehicles.
Malaysia’s leadership is urging faster progress on intra-regional trade agreements and more unified economic policies as the country prepares for its upcoming regional chairmanship and seeks to capitalize on Southeast Asia’s growing middle class and working-age population.
Thailand’s business and industry groups are calling for stricter local-content requirements in foreign electric vehicle projects so that domestic manufacturers capture a larger share of the value created by the sector’s rapid expansion.
Chinese technology and manufacturing companies are shifting away from traditional direct-distribution models toward deeper local operations in Singapore, Thailand and Vietnam as governments tighten digital tax verification, labor protections and customs enforcement.
Thailand’s Cabinet has activated new regulations intended to streamline the deportation of foreign nationals who violate immigration laws or unauthorized business rules, as the government seeks to strengthen border enforcement while managing diplomatic concerns over undocumented migration.
South Korea’s Hanwha Group has made a one point two billion dollar bid for shipbuilder Austal, a move that could expand South Korean involvement in naval manufacturing and defense supply chains across Southeast Asia and the wider Indo-Pacific.
Indonesia has started domestic construction of advanced attack submarines under a technology transfer agreement, marking a significant step in the country’s naval modernization as Jakarta strengthens its ability to secure its extensive maritime territory.
Thailand’s Board of Investment has approved nearly two hundred electric vehicle projects covering batteries, intelligent software and charging networks, strengthening the country’s position as a major Southeast Asian hub for next-generation automotive manufacturing.
Thailand’s Joint Standing Committee on Commerce, Industry and Banking has raised its annual export growth forecast to ten percent, citing a surge in advanced technology shipments that now account for more than a quarter of export value as global demand for artificial intelligence products grows.
Mangosteen growers in Thailand’s southern border provinces are benefiting from the highest prices in two decades, driven by strong regional demand for premium fruit and improved export quality.
Torrential monsoon rains have triggered severe landslides in northern Philippine provinces including Baguio City, killing at least 12 people and disrupting agricultural supply chains and critical infrastructure as military and rescue teams respond.
Wildfires have burned more than 550 hectares of vegetation in Indonesia’s Mount Bromo national park, prompting authorities to close the popular tourist destination indefinitely as emergency crews battle the expanding fires.
Five Thai ministries have introduced nationwide school security and mental health measures following a shooting in Nonthaburi province that killed nine people, including stronger anti-bullying policies and wider use of the HERO OBEC Care psychological support system.
Malaysia is advancing a regional strategy focused on digital trade and supply-chain integration as it prepares to chair ASEAN, with the government seeking to develop the 10-member bloc into the world’s fourth-largest economy by 2030.
Thailand’s PTT Global Chemical posted a net profit of 12.2 billion baht for the second quarter of 2026, marking a sharp turnaround from the previous year and pointing to resilient industrial demand despite broader global economic pressures.
Indonesia is maintaining existing automotive policies rather than adding new hybrid subsidies, a decision aimed at protecting current manufacturing investments as hybrid vehicle sales expand rapidly in the domestic market.
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