There is barely a week left before November 3, when polls close in the most momentous American election in decades, if not a century or more. Fifty-six million ballots have already been cast by early and postal voting. If results are close, counting could go on for days and litigation for weeks. But a decisive outcome could be clear as early as election night.
Democratic candidate Joe Biden's edge over incumbent Republican President Donald Trump has been amazingly consistent. Since early summer, he has held a strong, typically double-digit, lead in national polls, and smaller but significant ones in most swing states, with almost no deviation.
Democrats are haunted by Mr Trump's unexpected victory over Hillary Clinton four years ago. Many Republicans appear convinced that he will somehow pull off another stunning upset.
But with the economy struggling and the coronavirus pandemic again surging, the underlying circumstances are radically different. Mrs Clinton was deeply unpopular, but there is no sign Mr Trump has provoked widespread dislike or mistrust of Mr Biden or demonstrated that he is senile or secretly radical.
Early voting data heavily favours the Democrats. Yet Mr Trump could still win, particularly if he inspires a large group of those among his core constituency of non-college-educated white Americans who typically don't vote to go to the polls on election day. A marked surge of new Republican voter registrations in key states provides the main hope that he will prevail after all.
The all-important Senate, meanwhile, seems a real toss-up and is now the main focus of serious Republican efforts.
Four years ago, many Trump-backers cast the election in starkly existential terms. Now he is being even more lurid and aggressive, warning that a Biden victory would destroy the country, wreck its economy, prompt waves of non-white immigration, and hand power to radical socialists.
This time, however, Democrats and numerous prominent disaffected Republican commentators and operatives (though few serving elected officials) agree that the stakes are historically and nationally existential. Mrs Clinton, by contrast, never took Mr Trump seriously until he won, and no one knew how he would behave in office.
Mr Trump's campaign proclaims that American culture, capitalism and, in effect, white ethnic power are at stake. Mr Biden's allies insist that democratic institutions and the rule of law might not survive four more years of Mr Trump. The “soul of the country", both sides say, is on the ballot.
The outcome will therefore force a far more dramatic reckoning within the losing party than any normal defeat would.
To counter Mr Trump's narrow but deeply passionate base, the Democratic Party and its own base voters strategically chose to unite, tack strongly to the centre and, through the staunchly moderate Mr Biden, build the broadest national coalition they could, including by courting receptive conservatives.
Democrats have bet everything on their centre-left mainstream leadership, essentially the old guard from the Bill Clinton and Barack Obama eras. They are basically offering Americans a return to pre-Trump “normality” through a familiar, moderate standard-bearer backed by a historically unprecedented bevy of his Republican former opponents who agree that democratic processes and institutions are in mortal peril from the current president.
If Mr Biden wins, this gamble will be strongly vindicated and reinforced. As the clash between Mrs Clinton and Senator Bernie Sanders of Vermont four years ago demonstrated, there is a bitter Democratic split between a typically younger and passionate left-wing camp, and the centrist, often literally old, guard still in charge.
From left: Democratic Representatives Rashida Tlaib, Ilhan Omar, Alexandria Ocasio-Cortez and Ayanna Pressley comprise the left wing of the Democratic Party. EPA
That division will persist and perhaps grow. But a Biden victory will mean the new generation of leftists, now led by Congresswoman Alexandria Ocasio-Cortez of New York, must be patient. They can still pursue control of the party, but will have to proceed cautiously, given the success of the centrist gambit, and, especially at first, the glow of victory.
But if Mr Trump wins, their ascendancy will be rapid. Amid bitter recriminations, the left would surely seize control of the party, shifting it radically in their direction.
Among Republicans, as Mr Trump's presidency demonstrates, populist hardliners have already decisively defeated and marginalised the centre-right old guard, such as 2012 GOP presidential candidate Senator Mitt Romney of Utah.
If Mr Trump is re-elected, this radicalism will be strongly reinforced, and his personal control become so entrenched that one of his own children may inherit his party leadership.
Senator Tom Cotton is aligned with the radical wing of the Republican Party. AP Photo
If Mr Trump is narrowly defeated while loudly charging fraud, and especially if Republicans retain the Senate, the stage will be set for him to attempt a comeback in 2024, health permitting. Failing that, one of his core “America First” supporters – perhaps Senators Tom Cotton of Arkansas or Josh Hawley of Missouri, or the notorious white nationalist TV commentator Tucker Carlson – could take the helm of a doggedly extreme Republican Party.
Even if he is trounced and Democrats take the Senate, a rapid resurgence of the beleaguered Republican centre-right seems unlikely. The base is now so extreme that what is needed is another programmatic Republican de-radicalisation campaign, even more extensive than efforts in the 1960s to marginalise the fanatical John Birch Society.
Instead, former South Carolina governor Nikki Haley is poised to try to amalgamate populist Trumpians and traditional Reaganite conservatives. She has strong Reaganite credentials but served as Mr Trump's UN ambassador without alienating him or his base.
Former UN ambassador Nikki Haley, right, could succeed Donald Trump at the helm of the Republican Party. AP Photo
Having painstakingly planted a foot in each camp, she has positioned herself to offer Republicans a viable future under a conservative, Christian woman of colour in an increasingly diverse country – a plausible opponent to another Indian-American, Mr Biden’s running mate and possible successor, Senator Kamala Harris.
If Trumpism implodes in the coming days, a new Haley-led conservative fusionism could be the sequel. But there is no sign of any Republican leaders preparing to banish or subdue the increasingly empowered menagerie of fanatics, white nationalists, QAnon and other bizarre cultists in their ranks.
If Mr Biden loses, the US could be trapped between two extremist parties, with moderates sidelined in both. But if he wins, centrists and all Americans still committed to traditional institutions of democracy and the rule of law will retain a strong, even commanding, voice into the foreseeable future.
Hussein Ibish is a senior resident scholar at the Arab Gulf States Institute and a US affairs columnist for The National
Option 1: 70% in year 1, 50% in year 2, 30% in year 3
Option 2: 50% across three years
Option 3: 30% across five years
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
The burning issue
The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
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
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
Touch is derived from rugby league. Teams consist of up to 14 players with a maximum of six on the field at any time.
Teams can make as many substitutions as they want during the 40 minute matches.
Similar to rugby league, the attacking team has six attempts - or touches - before possession changes over.
A touch is any contact between the player with the ball and a defender, and must be with minimum force.
After a touch the player performs a “roll-ball” - similar to the play-the-ball in league - stepping over or rolling the ball between the feet.
At the roll-ball, the defenders have to retreat a minimum of five metres.
A touchdown is scored when an attacking player places the ball on or over the score-line.
Why your domicile status is important
Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.
Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born.
UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.
A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.
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
Who has lived at The Bishops Avenue?
George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills.
Hunting park to luxury living
Land was originally the Bishop of London's hunting park, hence the name
The road was laid out in the mid 19th Century, meandering through woodland and farmland
Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds
Specs
Engine: Duel electric motors Power: 659hp Torque: 1075Nm On sale: Available for pre-order now Price: On request
The Saudi Cup race card
1 The Jockey Club Local Handicap (TB) 1,800m (Dirt) $500,000
2 The Riyadh Dirt Sprint (TB) 1,200m (D) $1.500,000
3 The 1351 Turf Sprint 1,351m (Turf) $1,000,000
4 The Saudi Derby (TB) 1600m (D) $800,000
5 The Neom Turf Cup (TB) 2,100m (T) $1,000,000
6 The Obaiya Arabian Classic (PB) 2,000m (D) $1,900,000
7 The Red Sea Turf Handicap (TB) 3,000m (T) $2,500,000
8 The Saudi Cup (TB) 1,800m (D) $20,000,000
World record transfers
1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m