Tariff and trade wars will have ‘no winners’: China’s vice president at World Peace Forum

Tariff and trade wars will have ‘no winners’: China’s vice president at World Peace Forum

“In today’s increasingly volatile world, all parties must take shared responsibility,” he said. “Military force is not a viable solution to international disputes. It only fuels hatred and deepens division. We must not return to the law of the jungle or embrace hegemonism and unilateral dominance.” He also raised concerns about the threat of a…

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The just-passed 'Big Beautiful Bill' will increase national debt by trillions of dollars, according to CBO

The just-passed ‘Big Beautiful Bill’ will increase national debt by trillions of dollars, according to CBO

CBO Score Shows Senate OBBBA Adds Over $3.9 Trillion to Debt-2025-06-28. 28 Jun. 2025, https://www.crfb.org/blogs/cbo-score-shows-senate-obbba-adds-over-39-trillion-debt. Estimated Budgetary Effects of an Amendment in the Nature of a Substitute to H.R. 1, the One Big Beautiful Bill Act, Relative to the Budget Enforcement Baseline for Consideration in the Senate | Congressional Budget Office. 28 Jun. 2025, https://www.cbo.gov/publication/61533….

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China tries to rein in EV price wars

China tries to rein in EV price wars

BEIJING (AP) — The Chinese government is signaling enough is enough when it comes to the fierce competition in the country’s electric car market. China’s industrial policy has engineered a remarkable transformation to electric vehicles in what is the world’s largest auto market. In so doing, it has spawned far more makers than can possibly…

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‘I Had NO Clue What My Ex Was Doing’ – Divorced Mom Says She Owes $24,000 Because Her Ex Collected Disability While Secretly Working

A divorced mother is facing a $24,000 Social Security overpayment notice — and she says she’s just as shocked as anyone. The woman, who posted on Reddit’s r/SocialSecurity forum, explained that she had been receiving monthly benefits on behalf of her 16-year-old son. These payments were tied to her ex-husband’s Social Security disability claim. But…

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Standby Signal No 1 will be issued at 12.20pm. Image courtesy of the Hong Kong Observatory

HKO to issue T1 as tropical depression nears

The Observatory said it will issue the Standby Signal No 1 at 12.20pm on Friday, adding that the storm alert will remain in force for most of the day. “According to the present forecast, the circulation of the tropical depression will be relatively small,” the observatory said. “It will be slow-moving and maintain a distance…

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