[The National Meteorological Center issued a blue typhoon warning due to the combined influence of Typhoons Dolphin and Typhoon Whale] The center of Typhoon Dolphin (strong typhoon level), the 13th typhoon of this year, was located at 5 pm today in the Northwest Pacific Ocean, about 920 kilometers east of Naha City, Ryukyu Islands, at 25.8 degrees north latitude and 136.9 degrees east longitude. The maximum wind force near the center was level 14 (42 meters/second), and the minimum central pressure was 955 hPa. It is expected that Dolphin will move westward at a speed of 20-25 kilometers per hour, with little change in intensity or a slight increase. After passing through the Ryukyu Islands during the day on the 7th, it will move into the East China Sea, slow down, and gradually approach the coast of East China. In addition, the center of Typhoon "Whale" (tropical storm level), the 14th typhoon of this year, was located at 5 pm today about 360 kilometers northwest of Manila, Philippines, at 17.7 degrees north latitude and 120.0 degrees east longitude. The maximum wind speed near the center was 18 meters per second (level 8), and the minimum central pressure was 998 hPa. The radius of the 7-level wind circle was 100-120 kilometers. From 8 pm on the 5th to 8 pm on the 6th, under the combined influence of "Dolphin" and "Whale," the central and eastern parts of the East China Sea, the southeastern Yellow Sea, the waters east of Taiwan, the Bashi Channel, and the central and southern parts of the South China Sea will experience winds of level 6-7, with gusts of level 8-9. In some areas of the central and eastern South China Sea and the eastern East China Sea, winds may reach level 8-10, with gusts of level 11-12. (CCTV News)

[UAE PMI Rebounds Sharply to 52.7 in July, Easing Regional Tensions and Improved Trade Support Recovery] ⑴ According to S&P Global Market Intelligence data, the UAE Purchasing Managers' Index (PMI) rose to 52.7 in July from 50.8 in June, marking the largest improvement in four months after the index fell to a more than five-year low. The chief economist pointed out that after a severely disrupted second quarter, easing regional tensions and smoother trade flows supported business activity. ⑵ New orders growth accelerated to a five-month high, and export sales expanded at their fastest pace in a year, indicating a simultaneous recovery in both domestic and external demand. As a major trade and logistics hub in the Middle East, the UAE benefited from the improved confidence resulting from the marginal easing of disturbances related to the Strait of Hormuz. ⑶ However, continued uncertainty surrounding the Strait continues to push up price pressures, with businesses operating amid tighter inventories and longer supply cycles. Input costs and logistical bottlenecks remain major obstacles to further recovery; the sustainability of supply chain improvements and the potential impact of geopolitical risks on business confidence need to be monitored.

[Portugal's Unemployment Rate Drops to 5.3% in Q2, Labor Market Continues to Improve] ⑴ Data from the Portuguese National Statistics Institute shows that the unemployment rate fell to 5.3% in the second quarter from 6.1% in the previous quarter, a significant decrease from 5.9% in the same period last year. The total number of unemployed was 300,800, a decrease of 13.1% quarter-on-quarter, while the total labor force increased by 0.9% to 5.7 million. ⑵ The youth unemployment rate (16-24 years old) fell to 18.3% from 19.1% in the previous quarter, but is still higher than 18.1% in the same period last year. The absolute level of the youth unemployment rate is still much higher than the overall unemployment rate, reflecting that the structural disadvantage of young people in the job market has not been fundamentally improved. ⑶ Overall, Portugal's labor market is showing a continued recovery trend, with the unemployment rate falling to a relatively low level. The strong recovery of the tourism industry and the supporting role of the EU recovery fund in the economy are the main forces driving employment growth. Going forward, attention needs to be paid to the risks of slowing economic growth and the constraints that structural challenges in youth employment may place on further improvement in the labor market.