A medical staff gets out from a tent of a testing point for the Covid-19 coronavirus in central Moscow on May 2, 2020. AFP
A medical staff gets out from a tent of a testing point for the Covid-19 coronavirus in central Moscow on May 2, 2020. AFP
A medical staff gets out from a tent of a testing point for the Covid-19 coronavirus in central Moscow on May 2, 2020. AFP
A medical staff gets out from a tent of a testing point for the Covid-19 coronavirus in central Moscow on May 2, 2020. AFP

Coronavirus: European cases top 1.5 million, nearly half of global total


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Europe’s confirmed coronavirus cases topped 1.5 million on Saturday, accounting for nearly half of the global total.

With about 1,506,853 infections, which includes 140,260 deaths, Europe remains the hardest-hit continent. Spain has the most cases, while Italy has the most fatalities.

Spain has 215,216 cases and 24,824 deaths, Italy has 207,428 cases and 28,236 deaths, Britain has 182,260 and 28,131.fatalities and France has 167,346 cases and 24,594 deaths.

While Germany with 161,703 infections makes up the fifth European country with over 150,000 cases, it has been praised for its response to the virus, including mass testing and contact tracing, and recorded just 6,575 deaths.

Russia on Saturday reported its largest increase in coronavirus cases with new infections rising by almost 10,000 in one day.

With 9,623 new infections the number of confirmed cases has risen to 124,054, Russian authorities said. However, the official fatality rate in the country remains low compared with some other European nations – 57 people died in the last 24 hours in Russia and its total death toll is 1,222.

Segei Sobyanin, the mayor of Moscow, where the country’s contagion has been most prevalent, warned that the city was not yet past the peak of the outbreak. The capital recorded 5,358 new cases, bringing its total tally to 62,658. Mr Sobyanin added that about 2 per cent of the city’s population had coronavirus.

Although British Prime Minister Boris Johnson declared on Monday his country was "past the peak" of its coronavirus epidemic, the UK recorded 621 deaths from Covid-19 on Saturday.

Mr Johnson will set out how the government plans to ease its coronavirus restrictions next week.

  • Couples dance under Wuhan Bridge in Wuhan, in China's central Hubei province on the first day of the 5-day May Day national holiday. AFP
    Couples dance under Wuhan Bridge in Wuhan, in China's central Hubei province on the first day of the 5-day May Day national holiday. AFP
  • Staff check the temperature of a driver at a customs checkpoint on the border with Russia at Suifenhe, in China's northeast Heilongjiang province. AFP
    Staff check the temperature of a driver at a customs checkpoint on the border with Russia at Suifenhe, in China's northeast Heilongjiang province. AFP
  • US Coast Guard Lieutenant Caroline Miller elbow bumps Commander Marshall Newberry aboard a patrol boat following monitoring of oil tankers anchored near the ports of Long Beach and Los Angeles amid the coronavirus pandemic off the coast of Long Beach, California. AFP
    US Coast Guard Lieutenant Caroline Miller elbow bumps Commander Marshall Newberry aboard a patrol boat following monitoring of oil tankers anchored near the ports of Long Beach and Los Angeles amid the coronavirus pandemic off the coast of Long Beach, California. AFP
  • A stylist receives clients at home in San Jose, Costa Rica. The Government of Costa Rica announced the limited opening of some activities, due to the decrease in COVID-19 cases. EPA
    A stylist receives clients at home in San Jose, Costa Rica. The Government of Costa Rica announced the limited opening of some activities, due to the decrease in COVID-19 cases. EPA
  • Passengers wait for their trains at the Seoul Railway Station in South Korea. South Korea reported fresh cases of the new coronavirus are continuing a month-long downturn. AP Photo
    Passengers wait for their trains at the Seoul Railway Station in South Korea. South Korea reported fresh cases of the new coronavirus are continuing a month-long downturn. AP Photo
  • Migrant workers disembark from a special train that arrived from Nasik during a government-imposed nationwide lockdown as a preventive measure against the COVID-19 coronavirus, at Misrod railway station in Bhopal. AFP
    Migrant workers disembark from a special train that arrived from Nasik during a government-imposed nationwide lockdown as a preventive measure against the COVID-19 coronavirus, at Misrod railway station in Bhopal. AFP
  • A nurse from General Hospital No. 6 of the Mexican Institute of Social Security checks her phone during a protest after the death of a colleague, due to what they say is the lack of equipment to treat patients with the coronavirus disease, in Ciudad Juarez, Mexico. Reuters
    A nurse from General Hospital No. 6 of the Mexican Institute of Social Security checks her phone during a protest after the death of a colleague, due to what they say is the lack of equipment to treat patients with the coronavirus disease, in Ciudad Juarez, Mexico. Reuters
  • A crew gets ready to unload medical supplies from an Antonov AN-225 cargo transporter upon arriving from China at Mirabel Airport in Mirabel, Quebec. The Canadian Press via AP
    A crew gets ready to unload medical supplies from an Antonov AN-225 cargo transporter upon arriving from China at Mirabel Airport in Mirabel, Quebec. The Canadian Press via AP
  • A facility is set up to accommodate coronavirus disease patients with mild or no symptoms at Nippon Foundation Para Arena in Tokyo Japan. Reuters
    A facility is set up to accommodate coronavirus disease patients with mild or no symptoms at Nippon Foundation Para Arena in Tokyo Japan. Reuters
  • Groom Risky Ekky and his bride Veriana Fallah check their wedding documents during their wedding ceremony amid coronavirus outbreak in Jakarta, Indonesia. EPA
    Groom Risky Ekky and his bride Veriana Fallah check their wedding documents during their wedding ceremony amid coronavirus outbreak in Jakarta, Indonesia. EPA

Meanwhile, Spain recorded 276 deaths in the last 24 hours, marking its third consecutive day of recording less than 300 deaths per day from the illness.

The country has been gradually easing its lockdown restrictions. For the first time in seven weeks, adults are now permitted to go out and exercise, as long as they adhere to social distancing rules.

Spain’s lockdown – one of the strictest in Europe – began easing for children a week ago.

However, exercise slots remain limited, with different times allocated for different age groups. Most adults can walk or play sports between 6am and 10am, and between 8pm and 11pm.

Ireland's government on Saturday also signalled it planned to shortly ease its social distancing measures.

From Tuesday, people over 70, who are seen as more vulnerable to the virus, will able to leave their homes as long as they avoid contact with others. The 2-kilometre limit on how far people can move from their homes will be extended to 5km.

In a live address to the nation on Friday evening, Irish Prime Minister Leo Varadkar also announced a five-stage process from May 18 to re-open the country in a slow but careful way.

The Irish premier warned that if the country relaxes the restrictions too quickly, it may risk a second wave of the virus.

"If we relax the restrictions too soon, we could see our ICUs overcrowded," he said.

"Everything we achieved would be lost, so we must go on a short time more."

Ireland had recorded 20,833 confirmed coronavirus cases as of Saturday, and 1,265 deaths.

The number of new coronavirus cases in Germany rose at its slowest pace in four days on Saturday and the country reported the fewest deaths in five days.

There were 1,068 more cases taking the country's total to 164,077, according to data from Johns Hopkins University. Deaths rose by 113 to 6,736 and the death rate remained at 4.1 per cent of those infected.

On Thursday, the country announced it would allow playgrounds, zoos, museums and churches to reopen but will maintain most other restrictions, including an international travel ban. Chancellor Angela Merkel has said the easing of the lockdown will be reviewed on May 6.

Squads

Australia: Finch (c), Agar, Behrendorff, Carey, Coulter-Nile, Lynn, McDermott, Maxwell, Short, Stanlake, Stoinis, Tye, Zampa

India: Kohli (c), Khaleel, Bumrah, Chahal, Dhawan, Shreyas, Karthik, Kuldeep, Bhuvneshwar, Pandey, Krunal, Pant, Rahul, Sundar, Umesh

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

Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

Dunki
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What drives subscription retailing?

Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.

The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.

The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.

The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.

UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.

That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.

Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.

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How much do leading UAE’s UK curriculum schools charge for Year 6?
  1. Nord Anglia International School (Dubai) – Dh85,032
  2. Kings School Al Barsha (Dubai) – Dh71,905
  3. Brighton College Abu Dhabi - Dh68,560
  4. Jumeirah English Speaking School (Dubai) – Dh59,728
  5. Gems Wellington International School – Dubai Branch – Dh58,488
  6. The British School Al Khubairat (Abu Dhabi) - Dh54,170
  7. Dubai English Speaking School – Dh51,269

*Annual tuition fees covering the 2024/2025 academic year

Results

5.30pm: Maiden (TB) Dh82,500 (Turf) 1,400m; Winner: Mcmanaman, Sam Hitchcock (jockey), Doug Watson (trainer)

6.05pm: Handicap (TB) Dh87,500 (T) 1,400m; Winner: Bawaasil, Sam Hitchcott, Doug Watson

6.40pm: Handicap (TB) Dh105,000 (Dirt) 1,400m; Winner: Bochart, Fabrice Veron, Satish Seemar

7.15pm: Handicap (TB) Dh105,000 (T) 1,200m; Winner: Mutaraffa, Antonio Fresu, Musabah Al Muhairi

7.50pm: Longines Stakes – Conditions (TB) Dh120,00 (D) 1,900m; Winner: Rare Ninja, Royston Ffrench, Salem bin Ghadayer

8.25pm: Zabeel Trophy – Rated Conditions (TB) Dh120,000 (T) 1,600m; Winner: Alfareeq, Antonio Fresu, Musabah Al Muhairi

9pm: Handicap (TB) Dh105,000 (T) 2,410m; Winner: Good Tidings, Antonio Fresu, Musabah Al Muhairi

9.35pm: Handicap (TB) Dh92,500 (T) 2,000m; Winner: Zorion, Abdul Aziz Al Balushi, Helal Al Alawi

 

The%20Killer
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GIANT REVIEW

Starring: Amir El-Masry, Pierce Brosnan

Director: Athale

Rating: 4/5

Cracks in the Wall

Ben White, Pluto Press