1. Italian industrial output decreased by 1.1% in July, this is significantly worst taht the expectation of a 0.3% increase. 2. Unemployment in Greece increased to 27.9% in June. 3. Vladimir Putin writes in the NY times to urge Americans not to attack Syria. 4. Australian GDP increased to 5.8% last month. 5. Japan is thinking about beginning a $50 billion stimulus program. 6. Google is having fun with Apple’s new iPhone. They are very excited.