UAE. Economic activity during Q2 is showing signs of a slow-down. Of concern is especially US economic data and uncertainty about the political direction in China combined with data pointing towards a further fall in its economic output.
INTERNATIONAL. The botched coup was nothing but, as he put it, "a gift from God" to purge what is left of Turkey's democracy and cleanse the army and judiciary in order to ensure the total subordination of all institutions to his whims.