Live updates: follow the latest news on Russia-Ukraine
The Kremlin on Monday played down talk of a summit between Presidents Joe Biden and Vladimir Putin, dampening hopes that a US-Russia meeting could ease the crisis in Ukraine.
Dmitry Peskov, Mr Putin’s spokesman, said it was "premature to talk about any specific plans for organising any kind of summits" after France suggested it was close to holding such a meeting.
Early gains in European stock trading were wiped out after Mr Peskov’s comments.
The US said it was open to talks, as prolonged Russian drills in Belarus and murky developments on Russia's border with Ukraine heighten fears of military action.
Amid fears Russia will seek a pretext to invade, its security forces claimed on Monday that a border checkpoint had been destroyed by a projectile fired from Ukraine and that five saboteurs had been killed after crossing the border into Russia. Ukraine rejected both these claims.
In Britain, Prime Minister Boris Johnson’s spokesman said “elements of the Russian playbook” that could accompany an invasion were already “starting to play out in real time”.
There was further concern about Belarus, which borders Ukraine to the south, and which announced on Sunday that allied Russian troops were staying on its territory indefinitely.
“In the shadows of the Russian-Ukrainian conflict, we have seen more or less an annexation of Belarus, at least militarily, by the Russians,” said Austrian Foreign Minister Alexander Schallenberg.
“I have my doubts whether the Russians will ever pull out of Belarus again.”
EU foreign ministers, who were meeting in Brussels on Monday, called for Russia to return to the negotiating table after a flurry of calls by French President Emmanuel Macron aimed at brokering talks.
Mr Macron said the US and Russian leaders had agreed to talks in principle, although Mr Peskov cast doubt on that claim by saying that it was foreign ministers who were scheduled to meet. Mr Biden and Mr Putin last met in Geneva in June last year.
'Dicey situation'
Moscow signalled that it is open to discussions on issues such as arms control, but has not hidden its frustration that the West will not discuss its central demand of refusing Ukraine admission to the Nato military alliance.
The fragile situation was worsened by claims and counterclaims about outbreaks of violence in eastern Ukraine, with shells fired across the line of contact between government forces and pro-Russian separatists.
The US and its allies have said that Russia could use a provocation such as this as grounds for moving its troops into Ukraine.
Germany’s Foreign Minister Annalena Baerbock described the situation as “very dicey” and told Russia not to play with the lives of people in eastern Ukraine.
“It is in your hands,” she said. “We are at the table every minute and every hour. We are waiting for you.”
The EU’s foreign policy chief Josep Borrell said on Monday that work was complete on preparing sanctions that Russia would face it if invades Ukraine – although he said he hoped they would not be needed.
While Europe has not said what these measures would involve, Denmark’s Foreign Minister Jeppe Kofod said they would be the “most devastating sanctions ever seen on Russia”.
“We are ready for a diplomatic solution. The problem is we don’t know where Putin and Russia will be,” Mr Kofod said.
Britain has separately lined up sanctions which it said would prevent Russian companies from raising money on London’s financial markets.
Western powers were facing a demand from Ukraine to bring in these sanctions immediately, with the Russian build-up on the country’s borders already taking its toll on the Ukrainian people and economy.
Ukraine’s President Volodymyr Zelenskyy said at the weekend that it would be too late to sanction Russia once it invades and asked western leaders: “What are you waiting for?”
His remarks won sympathy from Lithuania’s Foreign Minister Gabrielius Landsbergis, who said on Monday that Ukraine was “already under attack” and called on Europe to consider an immediate response.
The US said that imposing sanctions now would render them ineffective as a deterrent if Russia has further to fear from invading Ukraine.
Mr Schallenberg said Belarus could face separate sanctions if a Russian invasion was launched from there.
A German government spokesman said they were not aware that this was under consideration.
'Cheb%20Khaled'
%3Cp%3E%3Cstrong%3EArtist%3A%20%3C%2Fstrong%3EKhaled%3Cbr%3E%3Cstrong%3ELabel%3A%20%3C%2Fstrong%3EBelieve%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
Marathon results
Men:
1. Titus Ekiru(KEN) 2:06:13
2. Alphonce Simbu(TAN) 2:07:50
3. Reuben Kipyego(KEN) 2:08:25
4. Abel Kirui(KEN) 2:08:46
5. Felix Kemutai(KEN) 2:10:48
Women:
1. Judith Korir(KEN) 2:22:30
2. Eunice Chumba(BHR) 2:26:01
3. Immaculate Chemutai(UGA) 2:28:30
4. Abebech Bekele(ETH) 2:29:43
5. Aleksandra Morozova(RUS) 2:33:01
BUNDESLIGA FIXTURES
Friday (UAE kick-off times)
Cologne v Hoffenheim (11.30pm)
Saturday
Hertha Berlin v RB Leipzig (6.30pm)
Schalke v Fortuna Dusseldof (6.30pm)
Mainz v Union Berlin (6.30pm)
Paderborn v Augsburg (6.30pm)
Bayern Munich v Borussia Dortmund (9.30pm)
Sunday
Borussia Monchengladbach v Werder Bremen (4.30pm)
Wolfsburg v Bayer Leverkusen (6.30pm)
SC Freiburg v Eintracht Frankfurt (9on)
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
if you go
%20Ramez%20Gab%20Min%20El%20Akher
%3Cp%3E%3Cstrong%3ECreator%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStreaming%20on%3A%20%3C%2Fstrong%3EMBC%20Shahid%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E2.5%2F5%3C%2Fp%3E%0A
The%C2%A0specs%20
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%204-cylinder%202.0L%20TSI%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%3C%2Fstrong%3E%20Dual%20clutch%207-speed%0D%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20320HP%20%2F%20235kW%0D%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20400Nm%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3Efrom%20%2449%2C709%20%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20now%3C%2Fp%3E%0A
The 12 breakaway clubs
England
Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur
Italy
AC Milan, Inter Milan, Juventus
Spain
Atletico Madrid, Barcelona, Real Madrid
Company Profile:
Name: The Protein Bakeshop
Date of start: 2013
Founders: Rashi Chowdhary and Saad Umerani
Based: Dubai
Size, number of employees: 12
Funding/investors: $400,000 (2018)
RIDE%20ON
%3Cp%3EDirector%3A%20Larry%20Yang%3C%2Fp%3E%0A%3Cp%3EStars%3A%20Jackie%20Chan%2C%20Liu%20Haocun%2C%20Kevin%20Guo%3C%2Fp%3E%0A%3Cp%3ERating%3A%202%2F5%3C%2Fp%3E%0A
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
MATCH INFO
What: 2006 World Cup quarter-final
When: July 1
Where: Gelsenkirchen Stadium, Gelsenkirchen, Germany
Result:
England 0 Portugal 0
(Portugal win 3-1 on penalties)
MATCH INFO
Uefa Champions League semi-finals, first leg
Liverpool v Roma
When: April 24, 10.45pm kick-off (UAE)
Where: Anfield, Liverpool
Live: BeIN Sports HD
Second leg: May 2, Stadio Olimpico, Rome
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.