• Amber Heard hugs her lawyer, Elaine Bredehoft, after the jury found her liable for defamation against her ex-husband, Johnny Depp on June 1, 2022. Pool / EPA
    Amber Heard hugs her lawyer, Elaine Bredehoft, after the jury found her liable for defamation against her ex-husband, Johnny Depp on June 1, 2022. Pool / EPA
  • Johnny Depp's lawyers Camille Vasquez and Ben Chew arrive to give a statement to the media outside the Fairfax County Courthouse after the jury found Heard liable for defamation. AP
    Johnny Depp's lawyers Camille Vasquez and Ben Chew arrive to give a statement to the media outside the Fairfax County Courthouse after the jury found Heard liable for defamation. AP
  • Fans of Depp react to the verdict outside the Fairfax County Circuit Courthouse. EPA
    Fans of Depp react to the verdict outside the Fairfax County Circuit Courthouse. EPA
  • Supporters Depp and supporters of Heard stand outside the courthouse during the trial. EPA
    Supporters Depp and supporters of Heard stand outside the courthouse during the trial. EPA
  • Amber Heard said her sister, Whitney Henriquez, got into a physical altercation with Johnny Depp. AP
    Amber Heard said her sister, Whitney Henriquez, got into a physical altercation with Johnny Depp. AP
  • Heard described several instances where she alleged Depp physically abused her – some of her testimony turning extremely graphic. AFP
    Heard described several instances where she alleged Depp physically abused her – some of her testimony turning extremely graphic. AFP
  • Travis McGivern, a security guard for Depp, detailed a number of volatile arguments between Depp and Heard. EPA
    Travis McGivern, a security guard for Depp, detailed a number of volatile arguments between Depp and Heard. EPA
  • A fan of Johnny Depp waits outside the courthouse in Fairfax, Virginia. AFP
    A fan of Johnny Depp waits outside the courthouse in Fairfax, Virginia. AFP
  • Depp fans cheer outside the courthouse. Reuters
    Depp fans cheer outside the courthouse. Reuters
  • Clinical and forensic psychologist Shannon Curry testifies on behalf of Depp, saying Heard suffers from borderline personality disorder and histrionic personality disorder. She made the diagnosis after reviewing her medical records and speaking with her over 12 hours. EPA
    Clinical and forensic psychologist Shannon Curry testifies on behalf of Depp, saying Heard suffers from borderline personality disorder and histrionic personality disorder. She made the diagnosis after reviewing her medical records and speaking with her over 12 hours. EPA
  • Forensic psychologist Dawn Hughes said Heard suffered from PTSD due to the violence she allegedly experienced at Depp's hand. AP
    Forensic psychologist Dawn Hughes said Heard suffered from PTSD due to the violence she allegedly experienced at Depp's hand. AP
  • Depp denied ever having struck Heard but admitted he has struggled with alcohol and drug use. EPA
    Depp denied ever having struck Heard but admitted he has struggled with alcohol and drug use. EPA
  • Heard became emotional when giving details of alleged past abuse. AFP
    Heard became emotional when giving details of alleged past abuse. AFP
  • Christi Dembrowski, Depp's older sister, said Heard had been verbally abusive towards him. AFP
    Christi Dembrowski, Depp's older sister, said Heard had been verbally abusive towards him. AFP
  • Raquel Pennington, a friend of Heard, becomes emotional as a picture of Heard is seen on screen as evidence of alleged abuse. EPA
    Raquel Pennington, a friend of Heard, becomes emotional as a picture of Heard is seen on screen as evidence of alleged abuse. EPA
  • Kate Moss, a former girlfriend of Depp, said he did not push her down the stairs. EPA
    Kate Moss, a former girlfriend of Depp, said he did not push her down the stairs. EPA
  • A 'Pirates of the Caribbean'-themed vehicle sits in front of the courthouse. EPA
    A 'Pirates of the Caribbean'-themed vehicle sits in front of the courthouse. EPA
  • Depp's lawyer Camille Vasquez grilled Heard when she took the stand, often interrupting her. AFP
    Depp's lawyer Camille Vasquez grilled Heard when she took the stand, often interrupting her. AFP
  • Fans cheer as Depp arrives at the courthouse. Hundreds of people queued overnight just to nab a seat in the courtroom. AFP
    Fans cheer as Depp arrives at the courthouse. Hundreds of people queued overnight just to nab a seat in the courtroom. AFP

What's next for Johnny Depp and Amber Heard after legal battle?


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While the celebrity trial of the decade has ended, the fall out and consequences of Johnny Depp and Amber Heard’s defamation case continues.

Both have been ordered to pay each other damages, but Heard has revealed she doesn’t have the money.

A jubilant Depp has promised fans that “the best is yet to come”, but from a career standpoint, both Heard and the Pirates of the Caribbean actor may face an uphill battle after their entire private lives were laid bare in public.

From whether or not Depp will pursue the money, to when either of them will work again, here’s what’s next for Depp and Heard.

Depp's music career and new album with Jeff Beck

Musician Jeff Beck, who Depp has been touring with in England, announced at a gig in Gateshead, England on Thursday that the pair would be releasing a new album in July.

"I'm gonna take this opportunity and tell you I met this guy five years ago, and we've never stopped laughing since," Beck said amid a six-song set he played with Depp.

"We actually made an album. I don't know how it happened."

It's not the first time they've spoken about this project, as Depp announced it in April 2020 on Instagram in a post that described Beck as "my dear friend and my brother ... one of my all time guitar heroes".

At the time, they released a cover of John Lennon's Isolations, a track from the sessions, as it resonated with pandemic lockdowns that were going on.

“Lennon’s prophetic words are pure poetry; the profundity of his lyrics seemed to Jeff and me especially fitting for what’s happening right now,” Depp said.

Depp also plays in the supergroup Hollywood Vampires alongside Alice Cooper and Aerosmith’s Joe Perry.

Heard’s appeal will feature more testimony

Actress Amber Heard talks to her lawyer Elaine Bredehoft in the courtroom at the Fairfax County Circuit Courthouse in Virginia, US, on 16 May. EPA
Actress Amber Heard talks to her lawyer Elaine Bredehoft in the courtroom at the Fairfax County Circuit Courthouse in Virginia, US, on 16 May. EPA

The actress’s lawyer Elaine Bredehoft has already shared that Heard plans to appeal the decision, with Bredehoft saying she believed the jury was “confused” by the case.

Speaking on the Today show, Bredehoft said that “an enormous amount of evidence” that would have helped Heard’s case was suppressed during the trial.

“That's because she was demonised here. A number of things were allowed in this court that should not have been allowed, and it caused the jury to be confused.”

Bredehoft said the appeal would feature additional information that the actress had not been allowed to testify about during the trial.

Will Amber Heard pay Johnny Depp the money?

While the jury awarded Heard $2 million, and Depp $10m plus $5m in punitive damages, the latter was reduced to $350,000 by the judge, based on state laws in Virginia which limit punitive damages.

Bredehoft told the Today show that the Aquaman actress will be appealing the verdict, and said that Heard can “absolutely not” pay Depp the millions.

In his closing statement, Depp’s lawyer Ben Chew told the jury the case "has never been about money" nor about “punishing” his ex-wife, which leads legal and Hollywood experts to conclude the actor will not demand the money.

Johnny Depp's lawyer has claimed the trial was not about him being awarded money. AFP
Johnny Depp's lawyer has claimed the trial was not about him being awarded money. AFP

“I imagine that they will try to settle it and you'll see a PR statement that they are not seeking to enforce the judgment,” legal analyst Emily D Baker told People. “If they do want to enforce the judgment, that starts a whole separate process in court, of potentially attaching property, setting up ways it has to be paid.”

After the verdict, Depp told reporters: “From the very beginning, the goal of bringing this case was to reveal the truth, regardless of the outcome.”

Baker said: “I imagine — and if I'm team Depp, this is what I would do — they'd look at getting an injunction to stop Amber Heard from repeating statements that the jury found were defamatory and then stipulating that the payments won't be made and there won't be any judgment outstanding. If he's not interested in the money, I think he's more interested in her not repeating these allegations."

Will Heard work in Hollywood again?

“I had to fight really hard to keep my career,” Heard testified on May 17. “After I got my temporary restraining order, I lost opportunities. I got cancelled from jobs. I got dropped from a campaign I had shot. I fought to keep my job in the biggest movie opportunity I had to date — Justice League, with the option [for] Aquaman.”

Hollywood stars have been quick to show their support for Depp, with Jennifer Aniston, Taika Waititi and Jason Momoa all liking Depp’s victory statement on Instagram. However, celebrities don’t have the power to cast Depp, which is down to the studios.

“Both of them will work again, but I think it will be a while before a major studio will consider them ‘safe’ enough to bet on,” former entertainment lawyer Matthew Belloni told Time. “The personal baggage that was revealed in this trial was just too icky for a studio to want to deal with.”

Eric Rose, an LA crisis management and communications expert, said to Time: “From a reputation-management perspective, there can be no winners. They’ve bloodied each other up.

"It becomes more difficult now for studios to hire either actor because you’re potentially alienating a large segment of your audience who may not like the fact that you have retained either Johnny or Amber for a specific project because feelings are so strong now.”

Could Depp return to the 'Pirates of the Caribbean' franchise?

Johnny Depp may play Captain Jack Sparrow again in the 'Pirates of the Caribbean' franchise. Disney
Johnny Depp may play Captain Jack Sparrow again in the 'Pirates of the Caribbean' franchise. Disney

In his suit, Depp claimed Heard’s allegations — although she never mentioned him by name in her Washington Post op-ed — had caused him to lose tens of millions of dollars in career earnings.

In 2020, Depp was dropped from the Fantastic Beasts franchise and replaced with Mads Mikkelsen after losing his 2020 libel trial in the UK.

Since 2018, Depp has appeared in three films, all of which were not the big theatrical releases, nor did they enjoy the success he had previously.

Following the trial, entertainment experts have been conflicted on what Depp’s post-verdict career will look like, although another Pirates of the Caribbean films looks likely.

With a Pirates of the Caribbean reboot featuring Margot Robbie already in the works — amid rumours she would portray Captain Jack Sparrow’s daughter — Depp could either cameo in that, or front his own movie.

“I absolutely believe post-verdict that Pirates is primed for rebooting with Johnny as Captain Jack back on board,” a former Disney executive told People. “There is just too much potential box-office treasure for a beloved character deeply embedded in the Disney culture.”

A Hollywood agent added that Depp's career could still "flourish, because this is the world that we live in”.

A version of this article was originally published on June 3, 2022.

The Light of the Moon

Director: Jessica M Thompson

Starring: Stephanie Beatriz, Michael Stahl-David

Three stars

World Cup final

Who: France v Croatia
When: Sunday, July 15, 7pm (UAE)
TV: Game will be shown live on BeIN Sports for viewers in the Mena region

Monster Hunter: World

Capcom

PlayStation 4, Xbox One

FA Cup quarter-final draw

The matches will be played across the weekend of 21 and 22 March

Sheffield United v Arsenal

Newcastle v Manchester City

Norwich v Derby/Manchester United

Leicester City v Chelsea

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Multitasking pays off for money goals

Tackling money goals one at a time cost financial literacy expert Barbara O'Neill at least $1 million.

That's how much Ms O'Neill, a distinguished professor at Rutgers University in the US, figures she lost by starting saving for retirement only after she had created an emergency fund, bought a car with cash and purchased a home.

"I tell students that eventually, 30 years later, I hit the million-dollar mark, but I could've had $2 million," Ms O'Neill says.

Too often, financial experts say, people want to attack their money goals one at a time: "As soon as I pay off my credit card debt, then I'll start saving for a home," or, "As soon as I pay off my student loan debt, then I'll start saving for retirement"."

People do not realise how costly the words "as soon as" can be. Paying off debt is a worthy goal, but it should not come at the expense of other goals, particularly saving for retirement. The sooner money is contributed, the longer it can benefit from compounded returns. Compounded returns are when your investment gains earn their own gains, which can dramatically increase your balances over time.

"By putting off saving for the future, you are really inhibiting yourself from benefiting from that wonderful magic," says Kimberly Zimmerman Rand , an accredited financial counsellor and principal at Dragonfly Financial Solutions in Boston. "If you can start saving today ... you are going to have a lot more five years from now than if you decide to pay off debt for three years and start saving in year four."

The biog

Simon Nadim has completed 7,000 dives. 

The hardest dive in the UAE is the German U-boat 110m down off the Fujairah coast. 

As a child, he loved the documentaries of Jacques Cousteau

He also led a team that discovered the long-lost portion of the Ines oil tanker. 

If you are interested in diving, he runs the XR Hub Dive Centre in Fujairah

 

What are the main cyber security threats?

Cyber crime - This includes fraud, impersonation, scams and deepfake technology, tactics that are increasingly targeting infrastructure and exploiting human vulnerabilities.
Cyber terrorism - Social media platforms are used to spread radical ideologies, misinformation and disinformation, often with the aim of disrupting critical infrastructure such as power grids.
Cyber warfare - Shaped by geopolitical tension, hostile actors seek to infiltrate and compromise national infrastructure, using one country’s systems as a springboard to launch attacks on others.

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

The specs: 2018 Nissan Patrol Nismo

Price: base / as tested: Dh382,000

Engine: 5.6-litre V8

Gearbox: Seven-speed automatic

Power: 428hp @ 5,800rpm

Torque: 560Nm @ 3,600rpm

Fuel economy, combined: 12.7L / 100km

Pots for the Asian Qualifiers

Pot 1: Iran, Japan, South Korea, Australia, Qatar, United Arab Emirates, Saudi Arabia, China
Pot 2: Iraq, Uzbekistan, Syria, Oman, Lebanon, Kyrgyz Republic, Vietnam, Jordan
Pot 3: Palestine, India, Bahrain, Thailand, Tajikistan, North Korea, Chinese Taipei, Philippines
Pot 4: Turkmenistan, Myanmar, Hong Kong, Yemen, Afghanistan, Maldives, Kuwait, Malaysia
Pot 5: Indonesia, Singapore, Nepal, Cambodia, Bangladesh, Mongolia, Guam, Macau/Sri Lanka

COMPANY%20PROFILE%20
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Top New Zealand cop on policing the virtual world

New Zealand police began closer scrutiny of social media and online communities after the attacks on two mosques in March, the country's top officer said.

The killing of 51 people in Christchurch and wounding of more than 40 others shocked the world. Brenton Tarrant, a suspected white supremacist, was accused of the killings. His trial is ongoing and he denies the charges.

Mike Bush, commissioner of New Zealand Police, said officers looked closely at how they monitored social media in the wake of the tragedy to see if lessons could be learned.

“We decided that it was fit for purpose but we need to deepen it in terms of community relationships, extending them not only with the traditional community but the virtual one as well," he told The National.

"We want to get ahead of attacks like we suffered in New Zealand so we have to challenge ourselves to be better."

SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
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Updated: June 06, 2022, 7:06 AM