Police remove Michael Sandford after he tried to take a police officer’s gun and kill Donald Trump during a weekend rally in Las Vegas. John Locher / AP Photo
Police remove Michael Sandford after he tried to take a police officer’s gun and kill Donald Trump during a weekend rally in Las Vegas. John Locher / AP Photo
Police remove Michael Sandford after he tried to take a police officer’s gun and kill Donald Trump during a weekend rally in Las Vegas. John Locher / AP Photo
Police remove Michael Sandford after he tried to take a police officer’s gun and kill Donald Trump during a weekend rally in Las Vegas. John Locher / AP Photo

British man charged after bid to 'kill Trump'


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LOS ANGELES // A British man has been charged for attempting to grab a police officer’s gun at a Donald Trump rally in Las Vegas in an apparent bid to kill the Republican presidential nominee.

Michael Sandford, 19, tried to disarm the officer at Saturday’s rally at the Mystere Theatre in the Treasure Island Casino before being overpowered, according to a complaint filed in federal court in Nevada.

It said the teenager told a secret service agent after his arrest that he had driven from California to Las Vegas “to kill Trump”, and had been to a range a day earlier to learn to shoot as he had not fired a gun before.

“Sandford acknowledged that he would likely only be able to fire one to two rounds and stated he was convinced he would be killed by law enforcement during his attempt on Trump’s life,” the complaint said.

It added that Sandford told investigators he had purchased tickets for a rally in Phoenix, Arizona, where he “would try again to kill Trump” in the event his plan in Las Vegas failed.

The prosecutor’s office said Sandford was ordered to be held without bond, as he was considered dangerous and represented a flight risk.

The UK foreign office was “providing assistance” in the case, a spokesman said.

The complaint said Sandford had told investigators he had been in the United States for about 18 months, and had lived in Hoboken, New Jersey, before travelling to California.

Sandford told investigators that he had targeted officer Ameel Jacob’s gun because it was in an unlocked position and would be the easiest way to gain access to a weapon at the rally where those attending had to go through metal detectors.

He struck up a conversation with the officer, telling him he wanted an autograph from Mr Trump before lunging at his gun and grabbing the firearm with both hands, prosecutors said.

Sandford allegedly told the secret service that he had been plotting to kill Mr Trump for about a year and finally decided to act on Saturday, as “he finally felt confident to do it”.

“Sandford further stated that if he were on the street tomorrow, he would try this again,” according to the complaint.

His arrest came amid one of the most combative US presidential campaigns in recent history, dominated by violent rhetoric, with Mr Trump lashing out at Mexicans, Muslims and other groups.

The real estate billionaire enjoys secret service protection but also has his own private security detail, which has been accused of using unnecessary force to remove people from events.

* Agence France-Presse

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Defined Benefit Plan (DB)

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Defined Contribution Plan (DC) 

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    Courtesy: Craig Moore, founder and CEO of Beehive, which provides term finance and working capital finance to SMEs. Only SMEs that have been trading for two years are eligible for funding from Beehive.
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Applicants should send their completed applications - CV, covering letter, sample(s) of your work, letter of recommendation - to Nick March, Assistant Editor in Chief at The National and UAE programme administrator for the Rosalynn Carter Fellowships for Mental Health Journalism, by 5pm on April 30, 2020

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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.

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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.

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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. 

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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. 

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Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

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Amal likes watching Japanese animation movies and Manga - her favourite is The Ancient Magus Bride

She is the eldest of 11 children, and has four brothers and six sisters.

Her dream is to meet with all of her friends online from around the world who supported her work throughout the years

Her favourite meal is pizza and stuffed vine leaves

She ams to improve her English and learn Japanese, which many animated programmes originate in

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Biography

Favourite book: Zen and the Art of Motorcycle Maintenance

Holiday choice: Anything Disney-related

Proudest achievement: Receiving a presidential award for foreign services.

Family: Wife and three children.

Like motto: You always get what you ask for, the universe listens.