UAE. All eyes now are on the European summit of 28 June for evidence that the continent's leadership is moving in the direction of a Europe-wide system of cross-guarantees for bank deposits and fiscal policies, says Mark McFarland, Chief Investment Strategist, Private Banking, Emirates NBD.
INTERNATIONAL. Syria will miss a major deadline next week in the program to destroy its chemical weapons production facilities, sources at the Organisation for the Prohibition of Chemical Weapons said.
INTERNATIONAL. A catastrophic disaster can - and will - happen again if the lessons of Macondo and other similar incidents are not learned and shared routinely; Change required to prevent future disasters, industry warned.