• US vice president-elect Kamala Harris and president-elect Joe Biden arrive for victory address after being declared the winner in the 2020 presidential election, in Wilmington, Delaware. EPA
    US vice president-elect Kamala Harris and president-elect Joe Biden arrive for victory address after being declared the winner in the 2020 presidential election, in Wilmington, Delaware. EPA
  • US president-elect Joe Biden and Jill Biden with vice president-elect Kamala Harris are joined by family members after Mr Biden delivered his victory address following the announcement of the winner in the 2020 presidential election, in Wilmington, Delaware. EPA
    US president-elect Joe Biden and Jill Biden with vice president-elect Kamala Harris are joined by family members after Mr Biden delivered his victory address following the announcement of the winner in the 2020 presidential election, in Wilmington, Delaware. EPA
  • People watch fireworks after media announced that Democratic US presidential candidate Joe Biden has won the 2020 election, in Wilmington, Delaware. Reuters
    People watch fireworks after media announced that Democratic US presidential candidate Joe Biden has won the 2020 election, in Wilmington, Delaware. Reuters
  • US president-elect Joe Biden gestures in celebration after delivering remarks in Wilmington, Delaware. AFP
    US president-elect Joe Biden gestures in celebration after delivering remarks in Wilmington, Delaware. AFP
  • Democratic presidential nominee Joe Biden and his wife Jill, and Democratic vice presidential nominee Kamala Harris and her husband Doug, react to the confetti at their rally in Wilmington, Delaware. Reuters
    Democratic presidential nominee Joe Biden and his wife Jill, and Democratic vice presidential nominee Kamala Harris and her husband Doug, react to the confetti at their rally in Wilmington, Delaware. Reuters
  • Vice president-elect Kamala Harris arrives to deliver remarks before introducing the US president-elect Joe Biden in Wilmington, Delaware. AFP
    Vice president-elect Kamala Harris arrives to deliver remarks before introducing the US president-elect Joe Biden in Wilmington, Delaware. AFP
  • People gather to watch the speeches in Times Square in New York City. Reuters
    People gather to watch the speeches in Times Square in New York City. Reuters
  • Gabriella Ziccarelli, 32, from Arizona, holds a US flag as she watches a speech by vice president-elect Kamala Harris, in Times Square in New York City. Reuters
    Gabriella Ziccarelli, 32, from Arizona, holds a US flag as she watches a speech by vice president-elect Kamala Harris, in Times Square in New York City. Reuters
  • Vice president-elect Kamala Harris speaks in Wilmington, Delaware, November 7, 2020. Reuters
    Vice president-elect Kamala Harris speaks in Wilmington, Delaware, November 7, 2020. Reuters
  • US president-elect Joe Biden and vice president-elect Kamala Harris gesture during their post-election rally in Wilmington, Delaware. Reuters
    US president-elect Joe Biden and vice president-elect Kamala Harris gesture during their post-election rally in Wilmington, Delaware. Reuters
  • A person wearing a protective mask holds a 'Biden Harris' campaign sign outside Trump National Golf Club in Sterling, Virginia. Bloomberg
    A person wearing a protective mask holds a 'Biden Harris' campaign sign outside Trump National Golf Club in Sterling, Virginia. Bloomberg
  • The presidential motorcade, with US President Donald Trump, travels through Reston, Virginia, after President Trump played golf at his International golf club. AFP
    The presidential motorcade, with US President Donald Trump, travels through Reston, Virginia, after President Trump played golf at his International golf club. AFP
  • President Donald Trump returns to the White House from playing golf in Washington, after Joe Biden was declared the winner of the 2020 presidential election. AFP
    President Donald Trump returns to the White House from playing golf in Washington, after Joe Biden was declared the winner of the 2020 presidential election. AFP
  • President Donald Trump plays golf at Trump National Golf Club in Sterling, Virginia. AFP
    President Donald Trump plays golf at Trump National Golf Club in Sterling, Virginia. AFP
  • A woman reacts as she watches speeches by Joe Biden and Kamala Harris, in Times Square in New York City. Reuters
    A woman reacts as she watches speeches by Joe Biden and Kamala Harris, in Times Square in New York City. Reuters
  • People watch the speeches by Joe Biden and Kamala Harris, at Times Square in New York City. Reuters
    People watch the speeches by Joe Biden and Kamala Harris, at Times Square in New York City. Reuters
  • Confetti falls after US president-elect Joe Biden and vice president-elect Kamala Harris delivered speeches in Wilmington, Delaware. AFP
    Confetti falls after US president-elect Joe Biden and vice president-elect Kamala Harris delivered speeches in Wilmington, Delaware. AFP
  • US president-elect Joe Biden with his wife Jill Biden, salute the crowd on stage after delivering a speech in Wilmington, Delaware. AFP
    US president-elect Joe Biden with his wife Jill Biden, salute the crowd on stage after delivering a speech in Wilmington, Delaware. AFP
  • US president-elect Joe Biden, wife Jill Biden, vice president-elect Kamala Harris and husband Douglas Emhoff hold hands while wearing protective masks during a post-election event in Wilmington, Delaware. Bloomberg
    US president-elect Joe Biden, wife Jill Biden, vice president-elect Kamala Harris and husband Douglas Emhoff hold hands while wearing protective masks during a post-election event in Wilmington, Delaware. Bloomberg
  • Vice president-elect Kamala Harris and president-elect Joe Biden stand on stage with family members in Wilmington, Delaware. AP Photo
    Vice president-elect Kamala Harris and president-elect Joe Biden stand on stage with family members in Wilmington, Delaware. AP Photo
  • A boy carries a sign with vice president-elect Kamala Harris at Black Lives Matter Plaza in Washington. Reuters
    A boy carries a sign with vice president-elect Kamala Harris at Black Lives Matter Plaza in Washington. Reuters
  • People watch a speech by Democratic vice presidential nominee Kamala Harris, at Times Square in New York City. Reuters
    People watch a speech by Democratic vice presidential nominee Kamala Harris, at Times Square in New York City. Reuters
  • A woman takes selfie photo posing with an extra edition of a newspaper reporting that Democrat Joe Biden is projected to win the 2020 US presidential election, in Tokyo, Japan. Reuters
    A woman takes selfie photo posing with an extra edition of a newspaper reporting that Democrat Joe Biden is projected to win the 2020 US presidential election, in Tokyo, Japan. Reuters

There are reasons for both Democrats and Republicans to be happy


  • English
  • Arabic

Saturday in Washington was like nothing I have experienced in 22 years living in this city. Horns honked, cheers resounded, fireworks crackled and people danced in the streets. It felt like a long, painful war was ending with an almost visceral wave of relief.

Four days after the US election, major news organisations finally and unanimously announced that Democrat Joe Biden had won. President Donald Trump and his allies angrily insist that he somehow is the real winner but they have no coherent narrative to explain why.

Against a backdrop of unprecedented anxiety, the 2020 election mainly produced good news. For many, there’s profound satisfaction that Mr Trump was defeated. Many distinguished figures had warned that a second Trump term could pose an existential threat to democratic institutions, accountability and the rule of law. A major counter-argument was that he lacked the ability, but not the instinct, to push for autocracy.

Any such danger has been avoided.

The presidential win is cathartic for Democrats. It is rare and increasingly difficult to unseat a sitting president.

And the numbers are impressive. In 2016, Mr Trump beat Hillary Clinton in the electoral college by securing 306 votes, though she won the popular tally by almost 3 million. Mr Biden is also heading for 306, but is beating Mr Trump by over 4m popular votes, a double mandate.

Democrats reconstructed the mid-western "blue wall" that Mr Trump grabbed in 2016, including Wisconsin, Michigan and Pennsylvania. They scored major breakthroughs in traditionally Republican Arizona and Georgia. Democrats would have salivated over this map 12 months ago, though their hopes became exaggerated more recently.

But there's much to please Republicans, too. They made surprising gains in the House of Representatives and crucial state legislatures. Control of the Senate will be decided by two January run-off elections in Georgia. If Republicans win both, they can effectively wield a veto over most of Mr Biden's domestic agenda.

Mr Trump helped inspire the biggest voter turnout in over a century, which was also due to expanded postal and early voting because of the pandemic.

In what was effectively a Trump referendum, no votes prevailed by 4-5m. But there were over 70m yeses, including most of his 2016 voters and significantly expanded blocs of Latinos and African-Americans, particularly younger men who appear to admire his swagger.

So, while many Republicans may be despondent, their party actually did fairly well.

Republican leaders might quietly welcome the potential end of Mr Trump's party leadership. But their refusal to publicly acknowledge Mr Biden's victory suggests they are still terrified of Mr Trump's base, and unwilling to defy him.

American democratic norms and processes prevailed. None of the well-publicised nightmare scenarios played out.

Though an anti-democratic hazard was soundly rejected, the best news of all was non-partisan, structural and institutional. Political systems functioned admirably despite profound social and partisan polarisation and the raging coronavirus pandemic.

Foreign meddling was contained. There was no violence or intimidation at polling places and no effort to disrupt the election process. Irregularities appear minor at worst.

State and local administrators who oversee American elections generally behaved impeccably. Democratic and Republican officials, and countless volunteers and election officers, worked together across the country without incident or rancour.

Americans in their conduct overwhelmingly upheld cherished democratic norms and traditions. The country may be polarised, but citizens on both the left and right appear sincerely committed to these values and mores. This is profoundly reassuring.

Mr Trump may be hoping that the Supreme Court, now bolstered with his latest conservative appointee, Amy Coney Barrett, will intervene and save him, as he repeatedly predicted it would during the campaign. He is going to be deeply disappointed.

This result is not within what is cynically but accurately called "cheating distance", and no pending case would overturn the outcome. If the court tried to overturn a free and fair election on a technicality, it would create an unprecedented constitutional crisis and do irreversible damage to the institution.

Mr Biden’s challenges will be enormous. He inherits a country still beset by a raging pandemic and struggling economy, and deeply divided along partisan, cultural and ethnic lines.

In his first speech as President-elect, he pledged to end the "grim era of demonisation” under Mr Trump and rebuild a spirit of compromise, co-operation and bipartisanship, but that won't be easy.

Much depends on what happens in the Senate, through both its composition as determined by the two Georgia run-off races, and the strategy adopted by Majority Leader Mitch McConnell. He ground governance to a virtual halt during much of the Barack Obama presidency, and could choose to repeat that strategy.

Mr Trump ought to help matters by at least acknowledging his defeat, but he seems incapable of that. He appears determined to promulgate a classic right-wing "stabbed in the back" theory that insists he is still the legitimate President, and so exacerbate tensions and further divide Americans.

  • Democratic presidential nominee Joe Biden addresses the nation at the Chase Center in Wilmington, Delaware. AFP
    Democratic presidential nominee Joe Biden addresses the nation at the Chase Center in Wilmington, Delaware. AFP
  • Vice presidential nominee Kamala Harris looks on as US Democratic presidential nominee Joe Biden speaks about election results in Wilmington, Delaware. Reuters
    Vice presidential nominee Kamala Harris looks on as US Democratic presidential nominee Joe Biden speaks about election results in Wilmington, Delaware. Reuters
  • Dogs with bibs supporting Democratic presidential nominee Joe Biden are seen across the street from where ballots are being counted in Philadelphia, Pennsylvania. Reuters
    Dogs with bibs supporting Democratic presidential nominee Joe Biden are seen across the street from where ballots are being counted in Philadelphia, Pennsylvania. Reuters
  • Police stand guard during a demonstration held by supporters of democrat presidential candidate Joe Biden in New York. EPA
    Police stand guard during a demonstration held by supporters of democrat presidential candidate Joe Biden in New York. EPA
  • People cheer after Democratic presidential nominee Joe Biden overtook President Donald Trump in the Pennsylvania general election vote count. Reuters
    People cheer after Democratic presidential nominee Joe Biden overtook President Donald Trump in the Pennsylvania general election vote count. Reuters
  • Activists celebrate after Democratic presidential nominee Joe Biden overtook President Donald Trump in the Pennsylvania general election vote count, in Philadelphia, Pennsylvania. Reuters
    Activists celebrate after Democratic presidential nominee Joe Biden overtook President Donald Trump in the Pennsylvania general election vote count, in Philadelphia, Pennsylvania. Reuters
  • Journalists from all over the world wait for the result of the US Presidential elections on Black Lives Matter Plaza in front of the White House in Washington. AFP
    Journalists from all over the world wait for the result of the US Presidential elections on Black Lives Matter Plaza in front of the White House in Washington. AFP
  • Republican canvas observer Ed White, takes photos with his smart phone as Lehigh County workers count ballots as vote counting continues in Allentown Pennsylvania. AP Photo
    Republican canvas observer Ed White, takes photos with his smart phone as Lehigh County workers count ballots as vote counting continues in Allentown Pennsylvania. AP Photo
  • Supporters of President Donald Trump demonstrate outside of the TCF Centre in Detroit, Michigan. AFP
    Supporters of President Donald Trump demonstrate outside of the TCF Centre in Detroit, Michigan. AFP
  • Election officials proceed with the counting of ballots at the Allegheny County elections warehouse in Pittsburgh, Pennsylvania. AFP
    Election officials proceed with the counting of ballots at the Allegheny County elections warehouse in Pittsburgh, Pennsylvania. AFP
  • House of Representatives Speaker Nancy Pelosi holds a news conference during the presidential election in Washington. Reuters
    House of Representatives Speaker Nancy Pelosi holds a news conference during the presidential election in Washington. Reuters
  • Protesters urge vote counting outside the Pennsylvania Convention Center. AFP
    Protesters urge vote counting outside the Pennsylvania Convention Center. AFP
  • Supporters of President Trump, who are questioning the legitimacy of the state's vote counting, gather outside of the Pennsylvania Convention Centre in Philadelphia. EPA
    Supporters of President Trump, who are questioning the legitimacy of the state's vote counting, gather outside of the Pennsylvania Convention Centre in Philadelphia. EPA
  • A police officer stands watch near a stage set up by the campaign of Democratic presidential nominee Joe Biden in Wilmington, Delaware. Reuters
    A police officer stands watch near a stage set up by the campaign of Democratic presidential nominee Joe Biden in Wilmington, Delaware. Reuters
  • Protesters, police, members of the media and others converge outside of the Convention Centre as the counting of ballots continues in the state in Philadelphia, Pennsylvania. AFP
    Protesters, police, members of the media and others converge outside of the Convention Centre as the counting of ballots continues in the state in Philadelphia, Pennsylvania. AFP
  • Protesters gather outside of the Philadelphia Convention Centre. AFP
    Protesters gather outside of the Philadelphia Convention Centre. AFP
  • Protesters outside of the Philadelphia Convention Centre. Joe Biden took the lead in the vote count on Friday morning from President Trump, bringing him one step closer to winning the election. AFP
    Protesters outside of the Philadelphia Convention Centre. Joe Biden took the lead in the vote count on Friday morning from President Trump, bringing him one step closer to winning the election. AFP
  • A stage set up by the campaign of Joe Biden sits ready in Wilmington. Reuters
    A stage set up by the campaign of Joe Biden sits ready in Wilmington. Reuters
Once he's gone, however unwillingly, much of the country will try to move on. But the willingness and ability of the Republican Party to get past the Trump era remains an open question

Reports suggest he might nonetheless be willing to negotiate a normal transfer of power. His terms are unclear, but he faces significant potential criminal charges at both the federal and state levels, and has reportedly expressed concern he may face prosecution when he loses the protection of the presidency. He could be hoping for salvation through the art of the deal.

Mr Trump will probably be the first modern US President to refuse to concede defeat and participate in his successor’s inauguration. More likely is a new media-centred career of insisting that he’s still the real President and American democracy is a corrupt fraud.

He could inflict significant national damage while he is still formally in office until January 20, but he could also be restrained or even ignored, including by subordinates. His options might be more limited in practice than in theory.

Once he's gone, however unwillingly, much of the country will try to move on. But the willingness and ability of the Republican Party to get past the Trump era remains an open question. The immediate US political future may hang on the answer.

Hussein Ibish is a senior resident scholar at the Arab Gulf States ­Institute and a US affairs columnist for The National

SERIE A FIXTURES

Saturday

AC Milan v Sampdoria (2.30pm kick-off UAE)

Atalanta v Udinese (5pm)

Benevento v Parma (5pm)

Cagliari v Hellas Verona (5pm)

Genoa v Fiorentina (5pm)

Lazio v Spezia (5pm)

Napoli v Crotone (5pm)

Sassuolo v Roma (5pm)

Torino v Juventus (8pm)

Bologna v Inter Milan (10.45pm)

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 Old Slave and the Mastiff

Patrick Chamoiseau

Translated from the French and Creole by Linda Coverdale

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
Terror attacks in Paris, November 13, 2015

- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France

Ticket prices

General admission Dh295 (under-three free)

Buy a four-person Family & Friends ticket and pay for only three tickets, so the fourth family member is free

Buy tickets at: wbworldabudhabi.com/en/tickets

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The specs: 2018 Chevrolet Trailblazer

Price, base / as tested Dh99,000 / Dh132,000

Engine 3.6L V6

Transmission: Six-speed automatic

Power 275hp @ 6,000rpm

Torque 350Nm @ 3,700rpm

Fuel economy combined 12.2L / 100km

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