Emmanuel Macron and Marine Le Pen were gearing up on Monday for a two-week battle for the French presidency after they reached what polls suggest will be a narrow second ballot between the incumbent and his far-right challenger.
As Mr Macron took his re-election campaign to his rival's northern heartlands, his allies sought to portray Ms Le Pen as a Russia-friendly extremist who would divide France along racial and religious lines.
Ms Le Pen's supporters, in turn, sought to unite Mr Macron's critics behind them — urging left-wing voters to switch sides and oppose the president's plans to raise the pension age.
In Sunday's first round the centrist Mr Macron took the lead with 27.6 per cent of the vote, while Ms Le Pen was second with 23.4 per cent — setting up a rematch of the run-off in 2017, which the current president won by a landslide.
Polls predict a closer race this time, with two snap surveys on Sunday night showing Mr Macron ahead by two to four points in the final round after 10 other candidates were eliminated.
As the two rivals scramble for support in the April 24 run-off, all eyes are on the 22 per cent who supported the left-wing hardliner Jean-Luc Melenchon, who were left without clear instructions from their eliminated candidate.
Although Mr Melenchon told supporters that “not one single vote” should go to the far right, his failure to explicitly endorse the president prompted Ms Le Pen's camp to suggest they should abstain in the second round.
Fourth-placed Eric Zemmour, a hardline right-wing pundit seen by analysts as having helped Ms Le Pen appear more moderate, told his supporters to back her in the second round despite differences between the two candidates.
Valerie Pecresse, whose centre-right Republicans slumped to a humiliating fifth place with 4.8 per cent, urged voters to support Mr Macron to stop the far right coming to power.
The president's camp played heavily on that threat on Monday, with Aurore Berge, an MP from Mr Macron's party, describing Ms Le Pen as being “under the direct influence of Russia".
Although Ms Le Pen has sought to distance herself from the Kremlin since it ordered the invasion of Ukraine, past comments favourable to Russian President Vladimir Putin came back to haunt her during this campaign.
A Le Pen victory would have the potential to cause headaches in the European Union, which she wants to reform and where unanimity from all 27 members is required to agree sanctions on Russia. She also wants to loosen France's ties to Nato.
At an EU meeting on Monday, Luxembourg's Foreign Minister Jean Asselborn said a Le Pen victory would put the bloc on a “totally different track” as he lamented what he called a “kind of political civil war” in France.
Another pro-Macron MP, Herve Berville, said Ms Le Pen would discriminate on the basis of race, religion and gender when in a radio interview he clashed with an opposition politician, Bruno Gollnisch, over the rights of Muslim women in France.
Mr Gollnisch told the BBC programme that “people who come here … they have to adapt to our way of life and it is not the opposite” as he defended Ms Le Pen's plans to fine people for wearing a headscarf.
Another Le Pen ally, Jordan Bardella, the president of the National Rally party, urged Mr Melenchon's supporters to back the right-wing candidate amid fears that the “republican front”, which typically swings behind mainstream candidates, is fraying.
“Candidates don't own their voters,” he said of the left-wing candidate's appeal not to support Ms Le Pen. “I think that many of those who voted for Jean-Luc Melenchon don't want pensions at 65.”
Mr Macron received more explicit endorsements from Socialist Party nominee Anne Hidalgo, environmentalist Yannick Jadot and communist Fabien Roussel, as well as Ms Pecresse.
Alongside Ms Pecresse's low score, Ms Hidalgo's vote share of just 1.7 per cent completed the rout of France's two traditional mainstream parties after Mr Macron's centrist party upended the political scene in 2017.
The president's re-election had appeared all but certain after his visible role in responding to the war in Ukraine earned him a polling boost in early March.
But as attention turned to the soaring cost of living, an issue on which many voters see the president as being out of touch, Ms Le Pen gained ground in the campaign's final weeks and attacked Mr Macron for his minimal presence on the campaign trail.
After holding only one major rally before the first round, Mr Macron headed to northern France on Monday to campaign in a region where many former industrial heartlands backed Ms Le Pen.
“Make no mistake: nothing is decided,” Mr Macron told supporters in his first remarks after the first round. “The debate that we are going to have over the next fortnight will be decisive for our country and Europe.”
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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Frankenstein in Baghdad
Ahmed Saadawi
Penguin Press
Race card
4pm Al Bastakiya Listed US$300,000 (Dirt) 1,900m
4.35pm Mahab Al Shimaal Group 3 $350,000 (D) 1,200m
5.10pm Nad Al Sheba Turf Group 3 $350,000 (Turf) 1,200m
5.45pm Burj Nahaar Group 3 $350,000 (D) 1,600m
6.20pm Jebel Hatta Group 1 $400,000 (T) 1,800m
6.55pm Al Maktoum Challenge Round-3 Group 1 $600,000 (D) 2,000m
7.30pm Dubai City Of Gold Group 2 $350,000 (T) 2,410m
The National selections:
4pm Zabardast
4.35pm Ibn Malik
5.10pm Space Blues
5.45pm Kimbear
6.20pm Barney Roy
6.55pm Matterhorn
7.30pm Defoe
Traits of Chinese zodiac animals
Tiger:independent, successful, volatile
Rat:witty, creative, charming
Ox:diligent, perseverent, conservative
Rabbit:gracious, considerate, sensitive
Dragon:prosperous, brave, rash
Snake:calm, thoughtful, stubborn
Horse:faithful, energetic, carefree
Sheep:easy-going, peacemaker, curious
Monkey:family-orientated, clever, playful
Rooster:honest, confident, pompous
Dog:loyal, kind, perfectionist
Boar:loving, tolerant, indulgent