Former US President Donald Trump remains the clear leader of the American right. But cracks in this mighty edifice are visible and slowly seem to be spreading.
Charges filed last week in the state of New York accuse the former president’s family business, and its long-serving chief financial officer, Allen Weisselberg, of criminally avoiding taxes on perks that should have been reported as income.
The immediate impact is limited in several ways.
First, Mr Trump himself has yet to be charged with a crime, although a growing list of his closest associates have pled guilty or been convicted or pardoned for serious offenses. Second, no matter what happens to the firm, Mr Trump will apparently remain a wealthy man.
Finally, prosecutors are seeking to pressure Mr Weisselberg to provide evidence against Mr Trump. But there is no sign he is ready to do so. As with many white-collar offences, the prosecution will have to establish an intent to commit a crime, which is not always easy or possible.
White-collar defendants have a much easier time than run-of-the-mill criminals in claiming that they made a mistake, didn't realise what they were doing or that their prosecution is either a vendetta or a difference in the interpretation of complex rules and regulations.
Typical sentences are much weaker than those given for more straightforward crimes like grand larceny. Mr Weisselberg, who is 73, could face some jail time, perhaps even a few years. But merely being indicted may not be sufficient at this stage to get him to flip on a man he has worked for since 1973.
Much will hinge on whether this will be followed by additional and more serious charges against the company and its employees. The indictment lists two other unnamed staffers, rumoured to be Mr Weisselberg’s sons, suspected of similar tax dodging.
If Mr Weisselberg concludes that he is in real danger of spending his golden years in prison or that his sons might be joining him in the dock, that could certainly restructure his priorities.
But if this is all there is to it, it is possible to imagine him simply hunkering down and fighting it out.
There is a significant disconnect between Mr Trump’s business and political brands, and the two do not always reinforce each other effectively. In politics, the Trump brand is decidedly white working class in orientation. In business, the name is intended to connote upscale (some would say gaudy) luxury and exclusivity. Mr Trump has alienated much of that market with his populist pandering.
But Mr Trump is also reportedly far more concerned with his political future than the fortunes of his company, which is now run by his sons and over which he has not formally resumed control since leaving office.
The good news for Trump is that he remains the most influential Republican. But he no longer dominates the news cycle as he once did
The charges themselves are a political blow, but also help to feed his grievance-fuelled narrative of being persecuted relentlessly and unfairly by unpatriotic forces in the imaginary construct he calls the American "deep state".
So, these indictments against his company and senior executives could prove a wash: both embarrassing and validating, depending on the audience.
The good news for Mr Trump is that he remains the most influential Republican.
The bad news is that political trends seem to be increasingly out of his control and moving away from him.
He certainly no longer dominates the news cycle as he once did. Since he was permanently banned from Twitter, he has been unable to find an effective vehicle for his fervid outbursts.
He started a blog that was shut down after less than a month because not enough people were reading it. His associates have talked about a new social media platform, but there is no sign of one. And there doesn't appear to be any meaningful movement towards a Trump TV or media network.
Two weeks ago, Mr Trump held his first rally since his election defeat. It was largely ignored by the media and he introduced no new ideas or themes. He did not meaningfully discuss President Joe Biden's agenda or any other significant recent developments. Instead, he harped on the myth of a stolen election and his purported accomplishments in office.
He's not the only nostalgia act drawing big crowds. The rock group The Eagles are also currently touring the US, performing the1976 album Hotel California in full, along with other golden oldies. They, too, will draw large and passionate crowds. But they won’t be setting any trends.
Mr Trump’s situation can be likened to the legendary rock band The Eagles, which is currently touring the United States, performing its 1976 album Hotel California in full, along with other golden oldies. They, too, will draw large and passionate crowds. But they won’t be setting any trends.
Meanwhile, all efforts to expose the supposed fraud are, to the contrary, reinforcing the validity of the last US election.
A Trump-supporting Michigan state legislator chaired a commission that investigated supposedly suspicious results in that state, which Mr Trump insists he won. Their report conclusively demonstrates that he lost, and notes that claims to the contrary are absurd, and even malicious, fabrications.
Mr Trump’s former attorney general, William Barr, has just given his first substantive interview since leaving office, and said that while he had every motivation to discover and expose fraud, there wasn't any. He dismissed the whole idea in colourful language.
Mr Trump, of course, is bitterly lashing out against all of these apostates. But that, too, will ultimately make it harder for him to maintain the loyalty of others.
Instead, evidence is mounting that Mr Trump went much further than previously known in trying to overturn the election, with repeated phone calls to Arizona election officials now joining those on the record with state leaders in Georgia and Michigan.
The former president’s standing among Republicans appears to be gradually deflating.
Last year, polls repeatedly showed that most conservatives identified primarily as Trump supporters and secondarily as Republicans. Now, that ratio has inverted, with more identifying primarily as Republicans and only secondarily as the former president’s acolytes.
And, most ominously for Mr Trump, there is finally serious talk of a successor.
Florida Governor Ron DeSantis is being increasingly viewed as a potential national Republican leader. If this notion gains more traction, it may provoke the former president to try to cut him down to size through nasty, belittling attacks.
A year ago, Mr DeSantis would have been terrified of that. By now, though, surviving a Trumpian onslaught could be just what he needs to establish himself as the first really plausible potential post-Trump Republican leader.
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
The specs: 2018 Mercedes-Benz E 300 Cabriolet
Price, base / as tested: Dh275,250 / Dh328,465
Engine: 2.0-litre four-cylinder
Power: 245hp @ 5,500rpm
Torque: 370Nm @ 1,300rpm
Transmission: Nine-speed automatic
Fuel consumption, combined: 7.0L / 100km
Get Out
Director: Jordan Peele
Stars: Daniel Kaluuya, Allison Williams, Catherine Keener, Bradley Whitford
Four stars
The Bio
Name: Lynn Davison
Profession: History teacher at Al Yasmina Academy, Abu Dhabi
Children: She has one son, Casey, 28
Hometown: Pontefract, West Yorkshire in the UK
Favourite book: The Alchemist by Paulo Coelho
Favourite Author: CJ Sansom
Favourite holiday destination: Bali
Favourite food: A Sunday roast
SPECS
Mini John Cooper Works Clubman and Mini John Cooper Works Countryman
Engine: two-litre 4-cylinder turbo
Transmission: nine-speed automatic
Power: 306hp
Torque: 450Nm
Price: JCW Clubman, Dh220,500; JCW Countryman, Dh225,500
Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ETwig%20Solutions%20(with%20trade%20name%20Twig)%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2021%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EChafic%20Idriss%2C%20Karam%20El%20Dik%20and%20Rayan%20Antonios%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EUAE%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3Ebootstrapped%20(undisclosed)%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E13%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3Epre-seed%20%E2%80%94%20closing%20the%20round%20as%20we%20speak%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20senior%20executives%20from%20the%20GCC%20financial%20services%20industry%20and%20global%20family%20offices%3Cbr%3E%3Cbr%3E%3C%2Fp%3E%0A
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
Film: In Syria
Dir: Philippe Van Leeuw
Starring: Hiam Abbass, Diamand Bo Abboud, Mohsen Abbas and Juliette Navis
Verdict: Four stars
India team for Sri Lanka series
Test squad: Rohit Sharma (captain), Priyank Panchal, Mayank Agarwal, Virat Kohli, Shreyas Iyer, Hanuma Vihari, Shubhman Gill, Rishabh Pant (wk), KS Bharath (wk), Ravindra Jadeja, Jayant Yadav, Ravichandran Ashwin, Kuldeep Yadav, Sourabh Kumar, Mohammed Siraj, Umesh Yadav, Mohammed Shami, Jasprit Bumrah.
T20 squad: Rohit Sharma (captain), Ruturaj Gaikwad, Shreyas Iyer, Surya Kumar Yadav, Sanju Samson, Ishan Kishan (wk), Venkatesh Iyer, Deepak Chahar, Deepak Hooda, Ravindra Jadeja, Yuzvendra Chahal, Ravi Bishnoi, Kuldeep Yadav, Mohammed Siraj, Bhuvneshwar Kumar, Harshal Patel, Jasprit Bumrah, Avesh Khan
more from Janine di Giovanni
Armies of Sand
By Kenneth Pollack (Oxford University Press)
Name: Peter Dicce
Title: Assistant dean of students and director of athletics
Favourite sport: soccer
Favourite team: Bayern Munich
Favourite player: Franz Beckenbauer
Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates
THE SPECS
Jaguar F-Pace SVR
Engine: 5-litre supercharged V8
Transmission: 8-speed automatic
Power: 542bhp
Torque: 680Nm
Price: Dh465,071
AGL AWARDS
Golden Ball - best Emirati player: Khalfan Mubarak (Al Jazira)
Golden Ball - best foreign player: Igor Coronado (Sharjah)
Golden Glove - best goalkeeper: Adel Al Hosani (Sharjah)
Best Coach - the leader: Abdulaziz Al Anbari (Sharjah)
Fans' Player of the Year: Driss Fetouhi (Dibba)
Golden Boy - best young player: Ali Saleh (Al Wasl)
Best Fans of the Year: Sharjah
Goal of the Year: Michael Ortega (Baniyas)
The End of Loneliness
Benedict Wells
Translated from the German by Charlotte Collins
Sceptre
The%20US%20Congress%20explained
%3Cp%3E-%20Congress%20is%20one%20of%20three%20branches%20of%20the%20US%20government%2C%20and%20the%20one%20that%20creates%20the%20nation's%20federal%20laws%3C%2Fp%3E%0A%3Cp%3E-%20Congress%20is%20divided%20into%20two%20chambers%3A%20The%20House%20of%20Representatives%20and%20the%20Senate%3C%2Fp%3E%0A%3Cp%3E-%C2%A0The%20House%20is%20made%20up%20of%20435%20members%20based%20on%20a%20state's%20population.%20House%20members%20are%20up%20for%20election%20every%20two%20years%3C%2Fp%3E%0A%3Cp%3E-%20A%20bill%20must%20be%20approved%20by%20both%20the%20House%20and%20Senate%20before%20it%20goes%20to%20the%20president's%20desk%20for%20signature%3C%2Fp%3E%0A%3Cp%3E-%20A%20political%20party%20needs%20218%20seats%20to%20be%20in%20control%20of%20the%20House%20of%20Representatives%3C%2Fp%3E%0A%3Cp%3E-%20The%20Senate%20is%20comprised%20of%20100%20members%2C%20with%20each%20state%20receiving%20two%20senators.%20Senate%20members%20serve%20six-year%20terms%3C%2Fp%3E%0A%3Cp%3E-%20A%20political%20party%20needs%2051%20seats%20to%20control%20the%20Senate.%20In%20the%20case%20of%20a%2050-50%20tie%2C%20the%20party%20of%20the%20president%20controls%20the%20Senate%3C%2Fp%3E%0A
How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
U19 World Cup in South Africa
Group A: India, Japan, New Zealand, Sri Lanka
Group B: Australia, England, Nigeria, West Indies
Group C: Bangladesh, Pakistan, Scotland, Zimbabwe
Group D: Afghanistan, Canada, South Africa, UAE
UAE fixtures
Saturday, January 18, v Canada
Wednesday, January 22, v Afghanistan
Saturday, January 25, v South Africa
UAE squad
Aryan Lakra (captain), Vriitya Aravind, Deshan Chethyia, Mohammed Farazuddin, Jonathan Figy, Osama Hassan, Karthik Meiyappan, Rishabh Mukherjee, Ali Naseer, Wasi Shah, Alishan Sharafu, Sanchit Sharma, Kai Smith, Akasha Tahir, Ansh Tandon
Vikram%20Vedha
%3Cp%3E%3Cstrong%3EDirectors%3A%3C%2Fstrong%3E%20Gayatri%2C%20Pushkar%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Hrithik%20Roshan%2C%20Saif%20Ali%20Khan%2C%20Radhika%20Apte%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%C2%A0%3C%2Fstrong%3E3.5%2F5%3C%2Fp%3E%0A
The specs
Engine: 2-litre 4-cylinder and 3.6-litre 6-cylinder
Power: 220 and 280 horsepower
Torque: 350 and 360Nm
Transmission: eight-speed automatic
Price: from Dh136,521 VAT and Dh166,464 VAT
On sale: now
KLOPP%20AT%20LIVERPOOL
%3Cp%3EYears%3A%20October%202015%20-%20June%202024%3Cbr%3ETotal%20games%3A%20491%3Cbr%3EWin%20percentage%3A%2060.9%25%3Cbr%3EMajor%20trophies%3A%206%20(Premier%20League%20x%201%2C%20Champions%20League%20x%201%2C%20FA%20Cup%20x%201%2C%20League%20Cup%20x%202%2C%20Fifa%20Club%20World%20Cup%20x1)%3C%2Fp%3E%0A
MORE ON IRAN'S PROXY WARS
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