US President Joe Biden swore into a microphone after Fox News reporter Peter Doocy asked him about inflation at a meeting with economic advisers at the White House on Monday.
Mr Biden was meeting Cabinet secretaries and members of his Competition Council when journalists began shouting questions about his approach to Russia’s military build-up around Ukraine.
Mr Biden complained that he was being asked about Russia and Ukraine instead of the Competition Council. That is when Mr Doocy of Fox News shouted a question about inflation.
“Do you think inflation is a political liability in the midterms?” Mr Doocy asked.
“No – that’s a great asset,” Mr Biden responded. “What a stupid son of a ...”
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The inauguration of Joe Biden as the 46th president of the United States took place on January 20, 2021. EPA -

Vice President Kamala Harris, left, is sworn into office by Associate Justice of the Supreme Court, Sonia Sotomayor, right. EPA -

Joe Biden stands with his wife, Jill Biden, as he is given the oath of office by Chief Justice John Roberts of the Supreme Court. EPA -

US President Joe Biden signs an executive order on Covid-19 during his first minutes in the Oval Office. EPA -

The US president and first lady address the National Football League Super Bowl LV between the Tampa Bay Buccaneers and the Kansas City Chiefs at Raymond James Stadium in Tampa, Florida, on February 7. EPA -

Mr Biden, left, Ms Biden, second left, Ms Harris, third left, and Second Gentleman Doug Emhoff hold a moment of silence outside the White House on February 22 for the 500,000 Americans who have died from Covid-19. EPA -

German Chancellor Angela Merkel takes part in the virtual international climate summit with Mr Biden on April 22 in Berlin, Germany. Getty Images -

Mr Biden delivers his first address to a joint session of Congress on April 28 as Ms Harris, second right, and speaker of the United States House of Representatives Nancy Pelosi applaud. EPA -

Mr Biden and the first lady are driven away following their arrival at the White House on April 29. EPA -

The president's wax figure is unveiled at Musee Grevin in Paris, France, on May 18. Getty Images -

Mr Biden addresses US Air Force personnel on June 9 at RAF Mildenhall in Suffolk, England, ahead of the G7 summit in Cornwall. Getty Images -

Britain's Prime Minister Boris Johnson speaks with Mr Biden during a meeting ahead of the G7 summit. Getty Images -

Left to right, Canadian Prime Minister Justin Trudeau, President of the European Council Charles Michel, Mr Biden, Japanese Prime Minister Yoshihide Suga, Mr Johnson, Italian Prime Minister Mario Draghi, French President Emmanuel Macron, President of the European Commission Ursula von der Leyen and Ms Merkel pose during the G7 Summit In Carbis Bay. Getty Images -

Queen Elizabeth II, centre, with Mr Biden and the first lady in the Grand Corridor at Windsor Castle on June 13. Getty Images -

Mr Biden, Russian President Vladimir Putin and Russian Foreign Minister Sergei Lavrov meet during the US-Russia summit at Villa La Grange on June 16 in Geneva, Switzerland. Getty Images -

Mr Biden delivers remarks on Afghanistan in the East Room of the White House on August 16. EPA -

Mr Johnson, left, Australia's Prime Minister Scott Morrison, centre, and Mr Biden attend a press conference via audio visual link from Parliament House in Canberra, Australia. EPA -

President Biden receives his coronavirus booster vaccination in Washington on September 27. Reuters -

Mr Biden meets with members of his administration, business leaders and CEOs regarding the need to address the debt limit, on October 6. EPA -

The US president walks past Swiss Guards as he arrives for a private audience with Pope Francis at the San Damaso courtyard in Vatican City on October 29. EPA -

Mr Biden arrives for the Cop26 UN Climate Summit on November 1 in Glasgow, Scotland. Getty Images -

Mr Biden, surrounded by lawmakers, signs the bipartisan Infrastructure Investment and Jobs Act on the South Lawn of the White House on November 15. EPA -

Mr Biden and his wife attend the 2021 National Christmas Tree lighting ceremony on the Ellipse in Washington on December 2. EPA -

Mr and Mrs Biden at the casket of former senator Robert J Dole in Washington on December 9. EPA -

People walk past a big screen showing Mr Biden, left, and Chinese President Xi Jinping attending a virtual summit on November 16. EPA -

Mr Biden, centre, stands with former Kentucky governor Steve Beshear, left, and Dane Maddox as he inspects damage from a tornado that struck the state on December 10. EPA -

The president and the first lady pet their dog, a German Shepherd puppy named Commander, while virtually meeting with United States military service members on Christmas Day in the White House. EPA -

Mr Biden marks the one-year anniversary of the Capitol attack on January 6. EPA
Mr Doocy, appearing later on Sean Hannity’s Fox programme, said Mr Biden had called to apologise shortly after the interaction.
“Within about an hour of that exchange, he called my cellphone and he said ‘it’s nothing personal, pal',” Mr Doocy told Mr Hannity. “And we went back and forth and we were talking about moving forward, and I made sure to tell him that I’m always going to try to ask something different than what everybody else is asking. And he said ‘you’ve got to’. And that’s a quote from the president so I’ll keep doing it.
“He cleared the air and I appreciate it. We had a nice call.”
According to reporters in the White House, the president has shown flashes of frustration and indignation with the media in recent days, as his efforts to pass his economic agenda and voting rights legislation have stalled on Capitol Hill.
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War
Director: Siddharth Anand
Cast: Hrithik Roshan, Tiger Shroff, Ashutosh Rana, Vaani Kapoor
Rating: Two out of five stars
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The biog
Favourite car: Ferrari
Likes the colour: Black
Best movie: Avatar
Academic qualifications: Bachelor’s degree in media production from the Higher Colleges of Technology and diploma in production from the New York Film Academy
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
Gulf Under 19s final
Dubai College A 50-12 Dubai College B
Command%20Z
In numbers: PKK’s money network in Europe
Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010
Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille
Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm
Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year
Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”
Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners
TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013
COMPANY PROFILE
Name: Xpanceo
Started: 2018
Founders: Roman Axelrod, Valentyn Volkov
Based: Dubai, UAE
Industry: Smart contact lenses, augmented/virtual reality
Funding: $40 million
Investor: Opportunity Venture (Asia)
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The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
'Morbius'
Director: Daniel Espinosa
Stars: Jared Leto, Matt Smith, Adria Arjona
Rating: 2/5
The%20specs%3A%202024%20Mercedes%20E200
SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
The National in Davos
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