Nato member states declared their unity over Ukraine amid worsening tensions with Russia. The military alliance on Monday said it was sending additional fighter jets and ships to eastern Europe, as the Pentagon announced it was putting up to 8,500 US troops on standby
Late on Monday, leaders of the US, Italy, Poland, France, Germany, the European Council, the European Commission and Nato met online to discuss the crisis.
President Joe Biden said the US is in "total unanimity with all the European leaders" and called the meeting "very, very, very good".
British Prime Minister Boris Johnson's office said the "leaders agreed on the importance of international unity in the face of growing Russian hostility".
“The leaders stressed that diplomatic discussions with Russia remain the first priority," a Downing Street statement read.
But they also agreed that "should a further Russian incursion into Ukraine happen, allies must enact swift retributive responses, including an unprecedented package of sanctions. They resolved to continue co-ordinating closely on any such response”.
Amid the heightened security threat, some of those working in the UK's mission to Kiev will return to Britain. And on Sunday, the US State Department announced it was ordering diplomats' family members to leave Ukraine. Its embassy in Kiev said “military action by Russia could come at any time".
The Australian government has "directed the departure" of dependants of its embassy staff from Kiev and urged its citizens to leave Ukraine, warning that "security conditions can change at short notice".
The European Commission also proposed a €1.2 billion ($1.36bn) aid package for Ukraine to help Kiev mitigate the economic effects caused by the build-up of 127,000 Russian troops on the Ukrainian border and fears that an invasion is imminent. Moscow rejects the invasion claims.
“Nato will continue to take all necessary measures to protect and defend all allies, including by reinforcing the eastern part of the alliance,” said Secretary General Jens Stoltenberg as he welcomed additional military support from Denmark, Spain and the Netherlands.
“We will always respond to any deterioration of our security environment, including through strengthening our collective defence,” he said.
The Kremlin accused Nato of increasing tensions through “information hysteria” and “concrete actions".
Meanwhile, the US Department of Defence said it was putting up to 8,500 US-based troops on "heightened alert" to join a Nato response force that could be called up in the crisis at the Ukrainian border.
Pentagon spokesman John Kirby emphasised that no final decision has been made on whether to use the US forces. The standby status means troops will be ready to deploy by the end of the week, if called upon.
This "will ensure that the United States and our commitment to the NRF (Nato Response Force) is consistent with their readiness for rapid deployment ... if activated," Mr Kirby said.
Russia has already invaded Ukraine once, annexing the Crimean Peninsula in 2014, and supported pro-Russian Ukrainian separatists fighting the Kiev government in the Donbass region.
High-level talks between Russia and western capitals have failed to make headway or ease tensions. Moscow has issued a series of controversial demands, including that Nato promises it will never allow Ukraine to join the military alliance. Nato rejected that demand out of hand.
European Commission chief Ursula von der Leyen said the financial aid – comprising emergency loans and grants – was intended to “help Ukraine now to address its rapid escalation in financing needs due to the conflict".
While Ukraine is not a member of Nato or the EU, both have offered the country their support.
An EU statement condemned Moscow’s “continued aggressive actions and threats against Ukraine and calls on Russia to de-escalate”.
“Notions of 'spheres of influence' have no place in the 21st century,” it said.
The EU said it was committed “to the core principles on which European security is built”.
“This includes notably the sovereign equality and territorial integrity of states; the inviolability of frontiers; refraining from the threat or use of force; and the freedom of states to choose or change their own security arrangements.
“These principles are neither negotiable nor subject to revision or reinterpretation. Their violation by Russia is an obstacle to a common and indivisible security space in Europe and threatens peace and stability on our continent.”
Denmark's foreign minister said the EU would be ready to target Russia with heavy sanctions if it attacked Ukraine, but did not say what sectors would be targeted.
The EU and the US imposed economic sanctions on Moscow, hitting its energy, banking and defence sectors, after Russia annexed the Crimea in 2014.
“There's no doubt we are ready to react with comprehensive, never-seen-before sanctions if Russia were to invade Ukraine again,” Jeppe Kofod said on arrival at the EU talks.
Before those talks, Ireland’s foreign minister said Russia's plan to hold naval exercises off the Irish cost were “not welcome” given the current tensions. The drills, scheduled to begin in February, will occur in international waters, but within Irish controlled airspace and the country’s exclusive economic zone.
In compliance with legal requirements, Russia informed Ireland’s aviation authorities of the planned manoeuvre in advance.
“This is not a time to increase military activity and tension in the context of what is happening with and in Ukraine at the moment,” Irish Foreign Minister Simon Coveney said.
“It’s important that I brief my colleagues on those intentions.
“Russia, under international law, can take military exercises in international waters, but the fact they are choosing to do it on the west borders of the EU, off the Irish coast, is something that is in our view not welcome and not wanted right now, particularly in the coming weeks.”
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
History's medical milestones
1799 - First small pox vaccine administered
1846 - First public demonstration of anaesthesia in surgery
1861 - Louis Pasteur published his germ theory which proved that bacteria caused diseases
1895 - Discovery of x-rays
1923 - Heart valve surgery performed successfully for first time
1928 - Alexander Fleming discovers penicillin
1953 - Structure of DNA discovered
1952 - First organ transplant - a kidney - takes place
1954 - Clinical trials of birth control pill
1979 - MRI, or magnetic resonance imaging, scanned used to diagnose illness and injury.
1998 - The first adult live-donor liver transplant is carried out
Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
The specs
Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%203S%20Money%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202018%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20London%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Ivan%20Zhiznevsky%2C%20Eugene%20Dugaev%20and%20Andrei%20Dikouchine%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20%245.6%20million%20raised%20in%20total%3C%2Fp%3E%0A
About Proto21
Date started: May 2018
Founder: Pir Arkam
Based: Dubai
Sector: Additive manufacturing (aka, 3D printing)
Staff: 18
Funding: Invested, supported and partnered by Joseph Group
David Haye record
Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4
AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street
The seven points are:
Shakhbout bin Sultan Street
Dhafeer Street
Hadbat Al Ghubainah Street (outbound)
Salama bint Butti Street
Al Dhafra Street
Rabdan Street
Umm Yifina Street exit (inbound)
Nepotism is the name of the game
Salman Khan’s father, Salim Khan, is one of Bollywood’s most legendary screenwriters. Through his partnership with co-writer Javed Akhtar, Salim is credited with having paved the path for the Indian film industry’s blockbuster format in the 1970s. Something his son now rules the roost of. More importantly, the Salim-Javed duo also created the persona of the “angry young man” for Bollywood megastar Amitabh Bachchan in the 1970s, reflecting the angst of the average Indian. In choosing to be the ordinary man’s “hero” as opposed to a thespian in new Bollywood, Salman Khan remains tightly linked to his father’s oeuvre. Thanks dad.
TV: World Cup Qualifier 2018 matches will be aired on on OSN Sports HD Cricket channel
The bio
Job: Coder, website designer and chief executive, Trinet solutions
School: Year 8 pupil at Elite English School in Abu Hail, Deira
Role Models: Mark Zuckerberg and Elon Musk
Dream City: San Francisco
Hometown: Dubai
City of birth: Thiruvilla, Kerala
THE BIO
Favourite author - Paulo Coelho
Favourite holiday destination - Cuba
New York Times or Jordan Times? NYT is a school and JT was my practice field
Role model - My Grandfather
Dream interviewee - Che Guevara
Racecard
6pm: Mina Hamriya – Handicap (TB) $75,000 (Dirt) 1,400m
6.35pm: Al Wasl Stakes – Conditions (TB) $60,000 (Turf) 1,200m
7.10pm: UAE Oaks – Group 3 (TB) $150,000 (D) 1,900m
7.45pm: Blue Point Sprint – Group 2 (TB) $180,000 (T) 1,000m
8.20pm: Nad Al Sheba Trophy – Group 3 (TB) $200,000 (T) 2,810m
8.55pm: Mina Rashid – Handicap (TB) $80,000 (T) 1,600m
The specs
Engine: 3.8-litre twin-turbo flat-six
Power: 650hp at 6,750rpm
Torque: 800Nm from 2,500-4,000rpm
Transmission: 8-speed dual-clutch auto
Fuel consumption: 11.12L/100km
Price: From Dh796,600
On sale: now
The Year Earth Changed
Directed by:Tom Beard
Narrated by: Sir David Attenborough
Stars: 4