A woman holds a banner ridiculing political figures during a ‘March for Europe’ demonstration in London on July 2, against Britain’s decision to leave the European Union. Neil Hall / Reuters.
A woman holds a banner ridiculing political figures during a ‘March for Europe’ demonstration in London on July 2, against Britain’s decision to leave the European Union. Neil Hall / Reuters.
A woman holds a banner ridiculing political figures during a ‘March for Europe’ demonstration in London on July 2, against Britain’s decision to leave the European Union. Neil Hall / Reuters.
A woman holds a banner ridiculing political figures during a ‘March for Europe’ demonstration in London on July 2, against Britain’s decision to leave the European Union. Neil Hall / Reuters.

Divided by opinion: What does Brexit say about the state of democracy?


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The political, economic and social fallout from Britain’s shock decision to leave the European Union on June 23 continues to send shockwaves across the financial and political spectrum.

As Britain’s “Leave” campaigners celebrated their surprise victory – and the prospect of a UK disentangled from EU rules and regulations after what is expected to be more than two years of negotiations – criticism mounted as to the ability of the British electorate to decide on such a seismic constitutional issue.

An online UK petition calling for a second referendum garnered more than four million signatures. Indeed, eyebrows were raised when Google revealed that the second most popular EU-related British information request from the search engine – following the referendum result – was “What is the EU?”

No sooner was the final 52 to 48 per cent result announced than Conservative prime minister David Cameron, de-facto leader of the pro-EU “Remain” campaign, resigned. A new Conservative leader – and, in turn, Britain’s next premier – is expected to be installed on September 9.

“What we’re seeing now in the UK is a lot of emotion, especially from people who voted to stay [in the EU] questioning a lot of things,” says Thomas Lundberg, of the School of Social and Political Sciences at the University of Glasgow, Scotland, who added that this “emotion” was “magnified by the shock that most of the polling towards the end was looking more like it was going to be a vote to stay [in the EU]”.

“Some people are questioning whether the electorate knew what they were voting on… or whether the UK parliament could overturn [the result] or whether there could be another referendum,” says Lundberg. “I don’t think it’s wise to go down this route, especially nowadays when voters in democracies… think that popular sovereignty means something.”

Financial markets remain in turmoil, the British pound at one point hit a 31-year low against the US dollar, while the future of EU nationals living in the UK, and UK nationals resident in the EU, is uncertain. For many of Britain’s pro-Europeans wedded to the idea of a single European market and the freedom to travel, the country’s decision to quit the 28-member EU bloc represented a crisis not seen in recent British political history.

In the UK, political decisions have consumed the British public over the past two years. On September 18, 2014, the people of Scotland voted against statehood by 55 to 45 per cent in the nation’s historic Scottish independence referendum. Last year, the UK general election delivered the first majority Conservative Party government since 1992, and in May this year voters across Scotland, Wales and Northern Ireland went to the polls for their national parliamentary and assembly elections.

Yet, while the British people are currently in the midst of suffering from “voter fatigue” – after having to decide on so many political decisions, including two life-changing constitutional issues, within such a short time frame – other democracies are all too used to engaging their citizens in frequent popular decision-making. In contrast to Britain with its representative democracy system, where citizens elect representatives to legislate on their behalf, Switzerland’s form of direct democracy has emerged as one of the most curious and – for many – purest forms of political decision-making in the world.

In Switzerland, popular referendums, on everything from immigration policy to the extension of holidays, are voted on with regularity. Swiss voters are entitled to contest an act of parliament and launch a referendum, provided they gather 50,000 signatures within 100 days of the new law’s publication. And a 100,000-signature threshold must be met should the people of Switzerland wish to propose an amendment to the constitution. It is a system of democracy that politics professor Georg Lutz of the University of Lausanne says has “become part of Swiss political culture”.

“People really believe in it, political parties believe in it and interest groups are very happy with it,” says Lutz. “For them, it’s just one means, among others, to influence decision-making.”

For Lutz, questioning the suitability of voters to decide on the likes of Britain’s EU membership is anathema to the democratic process and the rights of the citizenry to make personal judgements on issues affecting their future.

“If you don’t trust people to make a Yes or No decision, or in the UK’s case, a Leave or Remain decision, how do you trust people to decide who their leaders are?” says the Swiss academic. “The fundamentals of democracy are that people can take decisions… no matter how educated they are or how wealthy they are. That is a big achievement. And if you don’t really trust voters to take decisions, then you are questioning the fundamentals of democracy.”

Lutz says the Swiss electorate has rarely quibbled with the democratic legitimacy of a referendum vote – no matter how close the result. And Andreas Gross, a former member of the Swiss Parliament, says the current questions of legitimacy surrounding Britain’s decision to exit from the EU are largely based on the UK’s infrequent use of the direct democracy-style popular referendum. He also questions the balance of Britain’s democratic political system vis-à-vis the country’s Brexit vote.

“When you establish a well-balanced, finely-tuned direct democracy you will decide very rarely on super big issues which have such deep, large and dramatic consequences like Brexit,” says Gross, a renowned political scientist. “You would instead vote on immigration, decentralisation, a more inclusive regional and rural policy, the increase of the social state, a more worker-friendly economy, a more citizen-friendly tax policy – all policy elements which went wrong in the eyes of many British people and which united them to vote for a Brexit.”

That said, and with Swiss voter turnout often on the low side, is there such a thing as too much democracy? Yes, says Lundberg. He has the view that “people definitely want to be involved [in the democratic process], they want to have their say, they want to be heard, but it doesn’t mean that everybody wants to be an expert on everything and constantly be involved all the time”.

Indeed, such weighty democratic decisions can also have unintended consequences. The Brexit vote may have propelled the UK towards the EU exit door after a decades-long association, but it has also put two other British political controversies front and centre. While England and Wales recorded majority Leave votes, Scotland and Northern Ireland voted Remain, with the former registering a hefty 62 per cent support for the EU.

These results prompted Northern Ireland’s nationalist deputy first minister Martin McGuinness to call for an Irish unity poll between it and EU-member, the Republic of Ireland, and Scotland’s nationalist first minister, Nicola Sturgeon, to state that a second Scottish independence referendum was now “highly likely”. The prospect of Scotland – the UK’s second-largest constituent nation – returning to the polls for another say on its constitutional future was given credibility when several opinion polls following the Brexit vote recorded majorities for independence.

“These consequences are ones that many people might not have thought through completely – and the [British] government didn’t think some of these things through and ‘Brexiteers’ didn’t think these things through either,” says Lundberg. “So, when it comes to Scotland, I am starting to think that there’s a possibility that we will see another independence referendum.”

Whether it is Britain’s representative democracy or Switzerland’s direct democracy, no one political system has all the answers. While UK voters were given a genuine democratic opportunity to decide on a big constitutional issue, some disgruntled Remain supporters maintain that voters were almost duped into advocating a course of action that, despite protestations to the contrary, is unlikely to be reversed. And even in Switzerland, with its democratic-to-the-max form of political engagement, flaws are present. Low voter turnout and, as Gross opines, the propensity of the better-off and better educated in Swiss society to engage in the democratic process more often than the less well-off and less educated, “makes those who participate not always very representative for all those who are [impacted] by a decision, and this is democratically a real problem”.

Yet, democracy – whether in Britain, Switzerland or elsewhere – is all about rights. And, for that, the last word goes to Lutz.

“If you would ask [a Swiss voter], ‘You didn’t participate [in a particular vote], so do you think we should have less direct democracy?’, they wouldn’t say, ‘Yes!’. They still like their rights, even if they don’t use them.”

Alasdair Soussi is a freelance journalist who has worked across Africa, Europe and the Middle East.

HAJJAN
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Have you been targeted?

Tuan Phan of SimplyFI.org lists five signs you have been mis-sold to:

1. Your pension fund has been placed inside an offshore insurance wrapper with a hefty upfront commission.

2. The money has been transferred into a structured note. These products have high upfront, recurring commission and should never be in a pension account.

3. You have also been sold investment funds with an upfront initial charge of around 5 per cent. ETFs, for example, have no upfront charges.

4. The adviser charges a 1 per cent charge for managing your assets. They are being paid for doing nothing. They have already claimed massive amounts in hidden upfront commission.

5. Total annual management cost for your pension account is 2 per cent or more, including platform, underlying fund and advice charges.

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At a glance - Zayed Sustainability Prize 2020

Launched: 2008

Categories: Health, energy, water, food, global high schools

Prize: Dh2.2 million (Dh360,000 for global high schools category)

Winners’ announcement: Monday, January 13

 

Impact in numbers

335 million people positively impacted by projects

430,000 jobs created

10 million people given access to clean and affordable drinking water

50 million homes powered by renewable energy

6.5 billion litres of water saved

26 million school children given solar lighting

Dengue%20fever%20symptoms
%3Cul%3E%0A%3Cli%3EHigh%20fever%3C%2Fli%3E%0A%3Cli%3EIntense%20pain%20behind%20your%20eyes%3C%2Fli%3E%0A%3Cli%3ESevere%20headache%3C%2Fli%3E%0A%3Cli%3EMuscle%20and%20joint%20pains%3C%2Fli%3E%0A%3Cli%3ENausea%3C%2Fli%3E%0A%3Cli%3EVomiting%3C%2Fli%3E%0A%3Cli%3ESwollen%20glands%3C%2Fli%3E%0A%3Cli%3ERash%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3EIf%20symptoms%20occur%2C%20they%20usually%20last%20for%20two-seven%20days%3C%2Fp%3E%0A
The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
EA Sports FC 26

Publisher: EA Sports

Consoles: PC, PlayStation 4/5, Xbox Series X/S

Rating: 3/5

Everton 1 Stoke City 0
Everton (Rooney 45 1')
Man of the Match Phil Jagielka (Everton)

Company profile

Name: Infinite8

Based: Dubai

Launch year: 2017

Number of employees: 90

Sector: Online gaming industry

Funding: $1.2m from a UAE angel investor

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

THURSDAY'S ORDER OF PLAY

Centre Court

Starting at 10am:

Lucrezia Stefanini v Elena Rybakina (6)

Aryna Sabalenka (4) v Polona Hercog

Sofia Kenin (1) v Zhaoxuan Yan

Kristina Mladenovic v Garbine Muguruza (5)

Sorana Cirstea v Karolina Pliskova (3)

Jessica Pegula v Elina Svitolina (2)

Court 1

Starting at 10am:

Sara Sorribes Tormo v Nadia Podoroska

Marketa Vondrousova v Su-Wei Hsieh

Elise Mertens (7) v Alize Cornet

Tamara Zidansek v Jennifer Brady (11)

Heather Watson v Jodie Burrage

Vera Zvonareva v Amandine Hesse

Court 2

Starting at 10am:

Arantxa Rus v Xiyu Wang

Maria Kostyuk v Lucie Hradecka

Karolina Muchova v Danka Kovinic

Cori Gauff v Ulrikke Eikeri

Mona Barthel v Anastasia Gasanova

Court 3

Starting at 10am:

Kateryna Bondarenko v Yafan Wang

Aliaksandra Sasnovich v Anna Bondar

Bianca Turati v Yaroslava Shvedova

The specs: 2017 Dodge Viper SRT

Price, base / as tested Dh460,000

Engine 8.4L V10

Transmission Six-speed manual

Power 645hp @ 6,200rpm

Torque 813Nm @ 5,000rpm

Fuel economy, combined 16.8L / 100km

Draw:

Group A: Egypt, DR Congo, Uganda, Zimbabwe

Group B: Nigeria, Guinea, Madagascar, Burundi

Group C: Senegal, Algeria, Kenya, Tanzania

Group D: Morocco, Ivory Coast, South Africa, Namibia

Group E: Tunisia, Mali, Mauritania, Angola

Group F: Cameroon, Ghana, Benin, Guinea-Bissau

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

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

Company profile

Name: Oulo.com

Founder: Kamal Nazha

Based: Dubai

Founded: 2020

Number of employees: 5

Sector: Technology

Funding: $450,000

LIST OF INVITEES

Shergo Kurdi (am) 
Rayhan Thomas
Saud Al Sharee (am)
Min Woo Lee
Todd Clements
Matthew Jordan
AbdulRahman Al Mansour (am)
Matteo Manassero
Alfie Plant
Othman Al Mulla
Shaun Norris

10 tips for entry-level job seekers
  • Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
  • Keep track of the job trends in your sector through the news. Apply for job alerts at your dream organisations and the types of jobs you want – LinkedIn uses AI to share similar relevant jobs based on your selections.
  • Double check that you’ve highlighted relevant skills on your resume and LinkedIn profile.
  • For most entry-level jobs, your resume will first be filtered by an applicant tracking system for keywords. Look closely at the description of the job you are applying for and mirror the language as much as possible (while being honest and accurate about your skills and experience).
  • Keep your CV professional and in a simple format – make sure you tailor your cover letter and application to the company and role.
  • Go online and look for details on job specifications for your target position. Make a list of skills required and set yourself some learning goals to tick off all the necessary skills one by one.
  • Don’t be afraid to reach outside your immediate friends and family to other acquaintances and let them know you are looking for new opportunities.
  • Make sure you’ve set your LinkedIn profile to signal that you are “open to opportunities”. Also be sure to use LinkedIn to search for people who are still actively hiring by searching for those that have the headline “I’m hiring” or “We’re hiring” in their profile.
  • Prepare for online interviews using mock interview tools. Even before landing interviews, it can be useful to start practising.
  • Be professional and patient. Always be professional with whoever you are interacting with throughout your search process, this will be remembered. You need to be patient, dedicated and not give up on your search. Candidates need to make sure they are following up appropriately for roles they have applied.

Arda Atalay, head of Mena private sector at LinkedIn Talent Solutions, Rudy Bier, managing partner of Kinetic Business Solutions and Ben Kinerman Daltrey, co-founder of KinFitz

Traits of Chinese zodiac animals

Tiger:independent, successful, volatile
Rat:witty, creative, charming
Ox:diligent, perseverent, conservative
Rabbit:gracious, considerate, sensitive
Dragon:prosperous, brave, rash
Snake:calm, thoughtful, stubborn
Horse:faithful, energetic, carefree
Sheep:easy-going, peacemaker, curious
Monkey:family-orientated, clever, playful
Rooster:honest, confident, pompous
Dog:loyal, kind, perfectionist
Boar:loving, tolerant, indulgent