US President Joe Biden, whose approval ratings have been steadily sliding into the abyss for the past year, got some good news this week: he could beat former president Donald Trump in a hypothetical rematch.
A New York Times/Siena College poll gives the incumbent a three-point lead over Mr Trump if the 2024 election were to be held today.
This represents a remarkable accomplishment for Mr Trump, who has managed to match and then surpass Mr Biden's deep unpopularity, even as 90 per cent of Americans say the country is headed in the wrong direction, prices are soaring at rates not seen in 40 years and it now costs more than $100 to fill up the family car.
Instead of capitalising on a palpable sense of anger and frustration felt by most American families, Mr Trump has somehow been able to defy the national mood and alienate his own Republican Party.
The same poll found the former president, who is mulling a run in 2024, now only has the backing of 49 per cent of Republicans. It's a sea change for Mr Trump, long assumed to be a shoo-in for the Republican nomination in two years.
And the historic hearings playing out on Capitol Hill are weighing heavily on his reputation.
Here was a president who — according to the congressional committee investigating the January 6, 2021, insurrection — incited armed right-wing extremists to march on the Capitol in a bid to overturn Mr Biden's election win and, presumably, try to end democracy in America.
The panel and its witnesses have described time and again how Mr Trump knew his claims of election fraud were lies, yet he pushed them anyway.
Even Elon Musk, the self-declared Republican who is himself adept at alienating his followers, has had enough, telling Mr Trump to “hang up his hat and sail into the sunset”.
A vainglorious Mr Trump appears unable to move beyond the fact that he lost to Mr Biden by seven million votes. Now a critical mass of his supporters — whom he once bragged would still love him if he were to “stand in the middle of 5th Avenue and shoot somebody” — seem to have had enough.
Mr Biden, however, can draw little comfort from this.
Aside from the Trump metric, nothing on the polling front is going right for the 79-year-old president, who insists he will run again even as the world's most demanding job exacts a tough toll.
His gaffes are growing worse by the week, he has been unable to secure significant legislative wins this year and the Democrats seem determined to bungle their messaging on vital issues whenever possible.
Only this week, first lady Jill Biden caused an uproar when she likened San Antonio, Texas's Latino community to breakfast tacos.
A Yahoo News/YouGov poll released on Wednesday found that only 18 per cent of Americans think Mr Biden should run again in 2024. He will be almost 82 by election day, by far the oldest of any president to seek a second term.
In the key under-30 demographic, 94 per cent of Democrats say they want to see a different presidential nominee, the New York Times/Siena College poll showed.
With the Democrats on a cruise-controlled crash into a midterm electoral bonfire, the news will only get worse for Mr Biden.
As the Republicans win control of Congress, they will open sprawling probes into his bungling of the end of the Afghanistan war, his son Hunter's laptop and other inconvenient issues like out-of-control inflation that the Democrats would rather just go away.
It is clear Mr Biden is no longer fit for the job. And Mr Trump's seemingly seditious actions on January 6 should disqualify him from ever running for office again.
Neither party has a deep bench of palatable alternatives — but it's time for the old guard to step aside and see who rises.
Whatever happens on November 5, 2024, it won't be a rematch between two of the most unpopular men in America — and that is a good thing. This country deserves better.
Match info:
Portugal 1
Ronaldo (4')
Morocco 0
Chatham House Rule
A mark of Chatham House’s influence 100 years on since its founding, was Moscow’s formal declaration last month that it was an “undesirable
organisation”.
The depth of knowledge and academics that it drew on
following the Ukraine invasion had broadcast Mr Putin’s chicanery.
The institute is more used to accommodating world leaders,
with Nelson Mandela, Margaret Thatcher among those helping it provide
authoritative commentary on world events.
Chatham House was formally founded as the Royal Institute of
International Affairs following the peace conferences of World War One. Its
founder, Lionel Curtis, wanted a more scientific examination of international affairs
with a transparent exchange of information and ideas.
That arena of debate and analysis was enhanced by the “Chatham
House Rule” states that the contents of any meeting can be discussed outside Chatham
House but no mention can be made identifying individuals who commented.
This has enabled some candid exchanges on difficult subjects
allowing a greater degree of free speech from high-ranking figures.
These meetings are highly valued, so much so that
ambassadors reported them in secret diplomatic cables that – when they were
revealed in the Wikileaks reporting – were thus found to have broken the rule. However,
most speeches are held on the record.
Its research and debate has offered fresh ideas to
policymakers enabling them to more coherently address troubling issues from climate
change to health and food security.
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How much do leading UAE’s UK curriculum schools charge for Year 6?
- Nord Anglia International School (Dubai) – Dh85,032
- Kings School Al Barsha (Dubai) – Dh71,905
- Brighton College Abu Dhabi - Dh68,560
- Jumeirah English Speaking School (Dubai) – Dh59,728
- Gems Wellington International School – Dubai Branch – Dh58,488
- The British School Al Khubairat (Abu Dhabi) - Dh54,170
- Dubai English Speaking School – Dh51,269
*Annual tuition fees covering the 2024/2025 academic year
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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
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.