Villagers stand by the roadside as a wildfire sweeps through a forest in Morocco in August. Extreme weather conditions are becoming the 'new norm', say UN weather experts. AFP
Villagers stand by the roadside as a wildfire sweeps through a forest in Morocco in August. Extreme weather conditions are becoming the 'new norm', say UN weather experts. AFP
Villagers stand by the roadside as a wildfire sweeps through a forest in Morocco in August. Extreme weather conditions are becoming the 'new norm', say UN weather experts. AFP
Villagers stand by the roadside as a wildfire sweeps through a forest in Morocco in August. Extreme weather conditions are becoming the 'new norm', say UN weather experts. AFP

UN leader's Cop26 plea to 'save humanity' from extreme weather


Tim Stickings
  • English
  • Arabic

World leaders must use Cop26 to “save humanity” as climate change causes increasingly extreme weather, the UN’s Secretary General has said, as delegates from 196 countries prepare to open the landmark summit.

Antonio Guterres said the climate summit “must be a turning point”, after UN weather experts raised the alarm over record temperatures and rising sea levels.

As delegates began arriving in Glasgow, G20 leaders agreed at a meeting in Rome to reach net-zero carbon emissions “by or around mid-century” and stop financing coal-fired power abroad.

The G20 said they would take on a “leadership role” at the Glasgow summit, where the developing world is looking to rich countries to lead the way in cutting emissions and financing the green transition.

“We're proud of these results but we must remember that it's only the start,” said Italian Prime Minister Mario Draghi.

UK Prime Minister Boris Johnson gave a gloomier assessment, describing the G20's promises as merely "drops in a rapidly warming ocean". Several G20 members would not commit to net zero by 2050, he said.

"If Glasgow fails, then the whole thing fails," said Mr Johnson, who is hosting a world leaders' summit at Cop26 on Monday. "There are no compelling excuses for our procrastination."

Cop26 delegates will be under pressure to reach a deal that keeps alive hopes of limiting global warming to 1.5°C above pre-industrial levels, the goal set out by the 2016 Paris Agreement.

"The door is open; the solutions are there," Mr Guterres said. "Cop26 must be a turning point. We must act now – with ambition and solidarity – to safeguard our future and save humanity.”

Alok Sharma, the summit president, used an opening speech on Sunday to tell delegates that “the lights are flashing red on the climate dashboard".

“If we act now, and we act together, we can protect our precious planet,” he said.

“So let’s come together over these two weeks, and ensure that where Paris promised, Glasgow delivers.”

Extreme weather

Scientists say climate change is already becoming ever-more visible. In a report published on Sunday, the World Meteorological Organisation said carbon emissions had “propelled the planet into uncharted territory”.

It said the seven years since 2015 were set to be the warmest on record – with the rise in sea levels reaching a new peak in 2021.

Although 2021 has been slightly cooler than recent years because of a weather pattern known as La Nina, this does not mark an improvement in the long-term trend, the WMO said.

The concentration of greenhouse gases in the atmosphere reached a new high, with CO2 levels at 149 per cent of pre-industrial levels, and methane and nitrous oxide levels continuing to rise.

The summer floods which killed scores of people in western Europe were made more likely by climate change, UN experts found.

During 12 days of talks in Glasgow, delegates will discuss how to cut emissions, finance the green transition and prepare for the impacts of climate change that can no longer be stopped.

Under pressure to open their wallets to help the global south, G20 countries reaffirmed a commitment to organise $100 billion in annual funding by 2023 – three years after the original deadline.

Environmental campaigners were unimpressed with the G20's ambition.

“If the G20 was a dress rehearsal for Cop26, then world leaders fluffed their lines,” said Greenpeace executive director Jennifer Morgan.

Mohamed Nasheed, a former president of the Maldives who once held an underwater cabinet meeting to highlight the threat to the Indian Ocean nation, said the coal commitments were not nearly enough.

"This is a welcome start. But it won’t stop the climate from heating more than 1.5°C and devastating large parts of the world," he said. "G20 countries need to look at decommissioning coal plants at home and repowering their coal fleet infrastructure with clean energy."

  • An aerial view of the Scottish Events Centre in Glasgow, where the Cop26 Summit will take place from Sunday, October 31, until Friday, November 12. Getty Images
    An aerial view of the Scottish Events Centre in Glasgow, where the Cop26 Summit will take place from Sunday, October 31, until Friday, November 12. Getty Images
  • Banners advertising the upcoming Cop26 Summit line a street in Glasgow. Glasgow was chosen to host the summit in 2019. Ministers described it as one of the UK’s most sustainable cities and a showcase for “diverse culture and world-leading innovation”. Bloomberg
    Banners advertising the upcoming Cop26 Summit line a street in Glasgow. Glasgow was chosen to host the summit in 2019. Ministers described it as one of the UK’s most sustainable cities and a showcase for “diverse culture and world-leading innovation”. Bloomberg
  • Workers erect a fence at the Scottish Events Centre. Cop26 was initially due to take place in 2020 but was postponed by a year because of the pandemic. Getty Images
    Workers erect a fence at the Scottish Events Centre. Cop26 was initially due to take place in 2020 but was postponed by a year because of the pandemic. Getty Images
  • A pupil holds a poster at St Convals Primary School in Glasgow while learning about climate change ahead of Cop26. About 25,000 people are expected to attend the summit. Reuters
    A pupil holds a poster at St Convals Primary School in Glasgow while learning about climate change ahead of Cop26. About 25,000 people are expected to attend the summit. Reuters
  • Road closures are in place around the SEC in Glasgow. There have been 25 Conference of the Parties (or 'Cop') summits so far, making this year's event 'Cop26'. Bloomberg
    Road closures are in place around the SEC in Glasgow. There have been 25 Conference of the Parties (or 'Cop') summits so far, making this year's event 'Cop26'. Bloomberg
  • An electronic poster advertising the Cop26 summit. World leaders will kick off the summit by setting 'high-level ambition' for climate action, the UK government says. Bloomberg
    An electronic poster advertising the Cop26 summit. World leaders will kick off the summit by setting 'high-level ambition' for climate action, the UK government says. Bloomberg
  • The Armadillo building forms part of the SEC, the location for the summit. Bloomberg
    The Armadillo building forms part of the SEC, the location for the summit. Bloomberg
  • Artists paint a mural on a a wall next to the Clydeside Expressway near the SEC. Getty Images
    Artists paint a mural on a a wall next to the Clydeside Expressway near the SEC. Getty Images
  • Police Scotland mounted officers patrol near the SSE Hydro venue in Glasgow. As part of the summit, world leaders are holding talks on November 1 and 2. Prime Minister Boris Johnson will represent Britain and US President Joe Biden will be there. AFP
    Police Scotland mounted officers patrol near the SSE Hydro venue in Glasgow. As part of the summit, world leaders are holding talks on November 1 and 2. Prime Minister Boris Johnson will represent Britain and US President Joe Biden will be there. AFP
  • Volunteers model the official uniforms that will be worn by about 1,000 volunteers at Cop26. PA
    Volunteers model the official uniforms that will be worn by about 1,000 volunteers at Cop26. PA

Appeal for unity

Preparations for Cop26 were clouded by Covid-19, which caused it to be postponed by a year.

Delegates were arriving for the summit on Sunday, despite railway chaos in Britain, after the main line from London to Glasgow was blocked by a fallen tree.

Mr Guterres called on countries to come together, despite the prospect of tricky negotiations on issues such as coal power and carbon pricing.

“Scientists are clear on the facts. Now leaders need to be just as clear in their actions,” Mr Guterres said.

“From the ocean depths to mountaintops, from melting glaciers to relentless extreme weather events, ecosystems and communities around the globe are being devastated."

Patricia Espinosa, the head of the UN's climate change arm, said negotiators had to be willing to compromise to keep the Paris targets within reach.

“We have no choice but to make Cop26 a success. For that, we need unity of purpose,” she said.

We need to leave Glasgow with a balanced package of decisions that reflects the positions of all countries.”

The UN has criticised what it says are insufficient proposals to combat climate change, after the world’s top polluters submitted updated plans for Cop26.

UN weather experts say that extreme conditions are already becoming “the new norm”, as greenhouse gas emissions take their toll.

Scientists believe that extreme weather events such as floods and droughts will become far more frequent if temperatures rise by more than the Paris limit.

But the target will not be met at the current rate of greenhouse gas emissions, said Prof Petteri Taalas, secretary general of the WMO.

The Glasgow summit “is a make-or-break opportunity to put us back on track”, Prof Taalas said.

The specs

Engine: 3.8-litre, twin-turbo V8

Transmission: eight-speed automatic

Power: 582bhp

Torque: 730Nm

Price: Dh649,000

On sale: now  

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UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

Sui Dhaaga: Made in India

Director: Sharat Katariya

Starring: Varun Dhawan, Anushka Sharma, Raghubir Yadav

3.5/5

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The Liechtensteinische Landesbank AG (“Bank”) assumes no liability or guarantee for the accuracy, balance, or completeness of the information in this publication. The content may change at any time due to given circumstances, and the Liechtensteinische Landesbank AG is under no obligation to update information once it has been published. This publication is intended for information purposes only and does not constitute an offer, a recommendation or an invitation by, or on behalf of, Liechtensteinische Landesbank (DIFC Branch), Liechtensteinische Landesbank AG, or any of its group affiliates to make any investments or obtain services. This publication has not been reviewed, disapproved or approved by the United Arab Emirates (“UAE”) Central Bank, Dubai Financial Services Authority (“DFSA”) or any other relevant licensing authorities in the UAE. It may not be relied upon by or distributed to retail clients. Liechtensteinische Landesbank (DIFC Branch) is regulated by the DFSA and this advertorial is intended for Professional Clients (as defined by the DFSA) who have sufficient financial experience and understanding of financial markets, products or transactions and any associated risks.

Unresolved crisis

Russia and Ukraine have been locked in a bitter conflict since 2014, when Ukraine’s Kremlin-friendly president was ousted, Moscow annexed Crimea and then backed a separatist insurgency in the east.

Fighting between the Russia-backed rebels and Ukrainian forces has killed more than 14,000 people. In 2015, France and Germany helped broker a peace deal, known as the Minsk agreements, that ended large-scale hostilities but failed to bring a political settlement of the conflict.

The Kremlin has repeatedly accused Kiev of sabotaging the deal, and Ukrainian officials in recent weeks said that implementing it in full would hurt Ukraine.

Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

First Person
Richard Flanagan
Chatto & Windus 

Various Artists 
Habibi Funk: An Eclectic Selection Of Music From The Arab World (Habibi Funk)
​​​​​​​

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

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EPL's youngest
  • Ethan Nwaneri (Arsenal)
    15 years, 181 days old
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What sanctions would be reimposed?

Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:

  • An arms embargo
  • A ban on uranium enrichment and reprocessing
  • A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
  • A targeted global asset freeze and travel ban on Iranian individuals and entities
  • Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
Specs
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%201.5-litre%20turbo%204-cylinder%20%2F%202.0%20turbo%204-cylinder%20(S3)%0D%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20148bhp%20%2F%20328bhp%20(S3)%0D%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20250Nm%20%2F%20420Nm%20(S3)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20December%0D%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20TBA%0D%3C%2Fp%3E%0A
Silent Hill f

Publisher: Konami

Platforms: PlayStation 5, Xbox Series X/S, PC

Rating: 4.5/5

Updated: November 02, 2021, 7:19 AM