One of the many extraordinary things about the ancient Greeks is that their deepest thinkers – Aristotle, Plato, Sophocles and others – gave us words that almost 3000 years later help explain our modern world. After years working and living in the US, by September 11, 2001, I was back in London. When the 9/11 attacks took place I was walking in the late summer sunshine, preparing to go to my job presenting BBC news that evening.
My mobile phone buzzed. I was called in early to begin presenting rolling TV news programmes for Britain and around the world. Those few hours were so much of a shock that much of the broadcasts remain a blur in my mind, as we tried to make sense of the almost incomprehensible hijacking of four planes by men who murdered some 3000 innocent people, and killed themselves in the process.
After the TV make-up was wiped off my face, I drove home and stood in a hot shower, trying to make sense of this new world disorder. The US had been home to me for many years. Friends lived in New York, Arizona, Florida, Pennsylvania and Washington. I couldn’t sleep. In the middle of the night, three of those ancient Greek words started to form part of an explanation. We will get to the third word later, but the first two words were “hubris”, usually translated nowadays as “pride”, and second, “nemesis”, which can mean “punishment” for pride, or “revenge”. In Washington, hubris had been obvious throughout the 1990s.
The Cold War was over. America won. Years of sacrifice meant thankless wars in Korea, Vietnam and elsewhere, the face-off known as the Cuban missile crisis and the hugely expensive commitment of US troops in Europe. But by the 1990s, Americans watched in amazement as their long-time enemy, the Soviet Union, fell apart. President George H W Bush spoke of a “New World Order” and a “unipolar world,” where the US was the “only superpower”.
Mr Biden sees the US retreat from Afghanistan as a kind of cleansing
Some American intellectuals – unwisely – spoke of “the end of history”. Hubris? Definitely. But America triumphed almost everywhere in almost everything, from economic and military might to cultural and sporting success and turn-of-the-millennium innovations that changed our world – Apple, Google, Microsoft, PayPal, Facebook, Twitter, and all the rest. But after hubris, in ancient Greek tragedy, comes nemesis, punishment. Islamic fundamentalists living in caves in Afghanistan in pursuit of an ideology that violently rejected the dominant American culture, attacked America’s centres of political and economic power – Washington and New York. They did so with two weapons so primitive we have known them from the start of human history. Their weapons were knives and cunning.
When I have talked with security experts about the 9/11 attacks – box cutter knives and pepper spray used to hijack planes to turn them into weapons – those experts have often reflected on the fact that Osama bin Laden’s strategy depended on luck. The hijackers managed to take over four planes almost simultaneously, forcing three of them to attack high-value targets, symbols of America’s financial and military might, the Twin Towers and the Pentagon.
For years I had witnessed and reported on different kinds of terror, in Ireland, Latin America and home-grown American terror too, including the destruction of the Oklahoma federal building by the white supremacist Timothy McVeigh. When an Irish terrorist group, the IRA, came close to murdering British prime minister Margaret Thatcher, they issued a statement that sums up what security experts call “asymmetric warfare” between terrorist groups and governments. The IRA statement said: “Today we were unlucky, but remember we only have to be lucky once. You will have to be lucky always.” On 9/11 bin Laden’s hijackers proved that point. America’s luck ran out. A generation of Americans felt vulnerable to attack at home in a manner that no one had experienced since the Japanese attack on Pearl Harbour in 1941.
And, like Pearl Harbour, 9/11 changed the world. Commercial air travel ceased. When transatlantic flights started up again – under the intrusive security measures that we now take for granted – I flew to Washington to report on the aftermath of 9/11. The hubris of all those deep thinkers from the 1990s, the idea that liberal democracy was inevitably going to take over the world, was duly buried along with the innocent victims of the attacks. What lived was a ferocious desire to strike back. That, as we all know, led to the invasion of Afghanistan the assassination of bin Laden, and the invasion of Iraq. But what also emerged, in this newly vulnerable superpower, was a twisted kind of logic.
American politicians asserted, without any evidence, that Iraq’s leader, Saddam Hussein, was complicit in 9/11. That ludicrous assertion combined with claims that Iraq possessed weapons of mass destruction were used as justification for the US-led invasion. And that brings us to the third word from Greek tragedy, “catharsis.” It means a sense of cleansing, eliminating horrific events and hoping that something good will emerge from all the suffering we have experienced.
Well, we can hope. We certainly have suffered. Mr Biden, in robust statements justifying the US withdrawal from Afghanistan, made clear that he sees withdrawal as a kind of cleansing. As Biden put it: “This decision about Afghanistan is not just about Afghanistan. It’s about ending an era of major military operations to remake other countries.” Twenty years on from 9/11, with Donald Trump still complaining about a supposedly stolen election, with deep divisions in the US over poverty, race, abortion, coronavirus vaccinations and other social questions, plus wildfires and floods attributed to global warming, an American catharsis, a cleansing, may still seem necessary. But it is also elusive. Perhaps Mr Biden can provide it. He could rewrite Donald Trump’s old slogan, by noting that re-making his own country after 20 years of impossible conflicts must begin at home. To avoid hubris, Mr Biden must not only put America First, he has to Fix America First.
The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
More on Turkey's Syria offence
PFA Team of the Year: David de Gea, Kyle Walker, Jan Vertonghen, Nicolas Otamendi, Marcos Alonso, David Silva, Kevin De Bruyne, Christian Eriksen, Harry Kane, Mohamed Salah, Sergio Aguero
Sri Lanka's T20I squad
Thisara Perera (captain), Dilshan Munaweera, Danushka Gunathilaka, Sadeera Samarawickrama, Ashan Priyanjan, Mahela Udawatte, Dasun Shanaka, Sachith Pathirana, Vikum Sanjaya, Lahiru Gamage, Seekkuge Prasanna, Vishwa Fernando, Isuru Udana, Jeffrey Vandersay and Chathuranga de Silva.
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
MATCH INFO
Leeds United 0
Brighton 1 (Maupay 17')
Man of the match: Ben White (Brighton)
Cryopreservation: A timeline
- Keyhole surgery under general anaesthetic
- Ovarian tissue surgically removed
- Tissue processed in a high-tech facility
- Tissue re-implanted at a time of the patient’s choosing
- Full hormone production regained within 4-6 months
Company Profile
Founder: Omar Onsi
Launched: 2018
Employees: 35
Financing stage: Seed round ($12 million)
Investors: B&Y, Phoenician Funds, M1 Group, Shorooq Partners
MATCH INFO
Red Star Belgrade v Tottenham Hotspur, midnight (Thursday), UAE
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Zayed Sustainability Prize
Results
4pm: Al Bastakiya Listed US$300,000 (Dirt) 1,900m; Winner: Emblem Storm, Oisin Murphy (jockey), Satish Seemar (trainer).
4.35pm: Mahab Al Shimaal Group 3 $350,000 (D) 1,200m; Winner: Wafy, Tadhg O’Shea, Satish Seemar.
5.10pm: Nad Al Sheba Turf Group 3 $350,000 (Turf) 1,200m; Winner: Wildman Jack, Fernando Jara, Doug O’Neill.
5.45pm: Burj Nahaar Group 3 $350,000 (D) 1,600m; Winner: Salute The Soldier, Adrie de Vries, Fawzi Nass.
6.20pm: Jebel Hatta Group 1 $400,000 (T) 1,800m; Winner: Barney Roy, William Buick, Charlie Appleby.
6.55pm: Al Maktoum Challenge Round-3 Group 1 $600,000 (D) 2,000m; Winner: Matterhorn, Mickael Barzalona, Salem bin Ghadayer.
7.30pm: Dubai City Of Gold Group 2 $350,000 (T) 2,410m; Winner: Loxley, Mickael Barzalona, Charlie Appleby.
The specs
Engine: 2.0-litre 4-cyl
Power: 153hp at 6,000rpm
Torque: 200Nm at 4,000rpm
Transmission: 6-speed auto
Price: Dh99,000
On sale: now
Biog
Age: 50
Known as the UAE’s strongest man
Favourite dish: “Everything and sea food”
Hobbies: Drawing, basketball and poetry
Favourite car: Any classic car
Favourite superhero: The Hulk original
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Brief scores:
Arsenal 4
Xhaka 25', Lacazette 55', Ramsey 79', Aubameyang 83'
Fulham 1
Kamara 69'
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
MOUNTAINHEAD REVIEW
Starring: Ramy Youssef, Steve Carell, Jason Schwartzman
Director: Jesse Armstrong
Rating: 3.5/5
Cracks in the Wall
Ben White, Pluto Press
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
David Haye record
Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4
The specs
Engine: Four electric motors, one at each wheel
Power: 579hp
Torque: 859Nm
Transmission: Single-speed automatic
Price: From Dh825,900
On sale: Now
CREW
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UAE currency: the story behind the money in your pockets
BMW M5 specs
Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor
Power: 727hp
Torque: 1,000Nm
Transmission: 8-speed auto
Fuel consumption: 10.6L/100km
On sale: Now
Price: From Dh650,000
Manchester United v Club America
When: Thursday, 9pm Arizona time (Friday UAE, 8am)
THE SPECS
BMW X7 xDrive 50i
Engine: 4.4-litre V8
Transmission: Eight-speed Steptronic transmission
Power: 462hp
Torque: 650Nm
Price: Dh600,000
ICC Awards for 2021
MEN
Cricketer of the Year – Shaheen Afridi (Pakistan)
T20 Cricketer of the Year – Mohammad Rizwan (Pakistan)
ODI Cricketer of the Year – Babar Azam (Pakistan)
Test Cricketer of the Year – Joe Root (England)
WOMEN
Cricketer of the Year – Smriti Mandhana (India)
ODI Cricketer of the Year – Lizelle Lee (South Africa)
T20 Cricketer of the Year – Tammy Beaumont (England)
What is Bitcoin?
Bitcoin is the most popular virtual currency in the world. It was created in 2009 as a new way of paying for things that would not be subject to central banks that are capable of devaluing currency. A Bitcoin itself is essentially a line of computer code. It's signed digitally when it goes from one owner to another. There are sustainability concerns around the cryptocurrency, which stem from the process of "mining" that is central to its existence.
The "miners" use computers to make complex calculations that verify transactions in Bitcoin. This uses a tremendous amount of energy via computers and server farms all over the world, which has given rise to concerns about the amount of fossil fuel-dependent electricity used to power the computers.
Bert van Marwijk factfile
Born: May 19 1952
Place of birth: Deventer, Netherlands
Playing position: Midfielder
Teams managed:
1998-2000 Fortuna Sittard
2000-2004 Feyenoord
2004-2006 Borussia Dortmund
2007-2008 Feyenoord
2008-2012 Netherlands
2013-2014 Hamburg
2015-2017 Saudi Arabia
2018 Australia
Major honours (manager):
2001/02 Uefa Cup, Feyenoord
2007/08 KNVB Cup, Feyenoord
World Cup runner-up, Netherlands
Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
The lowdown
Bohemian Rhapsody
Director: Bryan Singer
Starring: Rami Malek, Lucy Boynton, Gwilym Lee
Rating: 3/5
More from Neighbourhood Watch:
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory