In the 12 months since the World Health Organisation declared a global pandemic over the spread of Covid-19, its message has changed little: the control of its spread is in all of our hands and public measures are key to containing the threat.
A year later Dr Tedros Adhanom Ghebreyesus, director general of the WHO, told a meeting in Abu Dhabi on Wednesday that the pandemic he declared has turned our world upside-down.
Dr Tedros recalled that in 2018 he warned the world needed to build strong, resilient health systems to cope with emerging threats. He said the pandemic showed "the future is now".
We cannot say this loudly enough, or clearly enough, or often enough: all countries can still change the course of this pandemic
Covid-19 has since hit the world in waves of new outbreaks. Last week Dr Tedros said the number of infections was rising after a six-week period in which new infections dropped back.
The decrease came because the first window of light had opened, in the form of global vaccine introduction.
"In combination with proven public health measures, vaccines are now giving us hope for bringing the pandemic under control," Dr Tedros said in Abu Dhabi.
But relaxation of mask measures and the emergence of new variants can quickly reverse any improvements.
The dangers exposed a year ago remain a potent threat to hundreds of millions around the globe.
When the pandemic was declared last March there were 118,000 cases reported in 114 countries, but 90 per cent of cases were in only four countries.
Dr Tedros said that in two countries, China and South Korea, the epidemic was declining.
According to Worldometer, there have more than 118 million cases of Covid-19 and 2.6 million deaths as of Wednesday.
In declaring the pandemic on March 11, 2020, Dr Tedros said the escalation was not inevitable.
"We cannot say this loudly enough, or clearly enough, or often enough: all countries can still change the course of this pandemic," he told a briefing in Geneva.
"If countries detect, test, treat, isolate, trace and mobilise their people in the response, those with a handful of cases can prevent those cases becoming clusters, and those clusters becoming community transmission.
"Even those countries with community transmission or large clusters can turn the tide on this virus."
On Wednesday, UN spokesman Stephane Dujarric lamented the failure of world powers to heed those words and work together against the disease and associated issues.
The response was “unco-ordinated right from the start” and “sadly, that is ongoing today”, Mr Dujarric said.
The UN’s coronavirus response largely ground to a halt last year amid worsening US-China relations.
Former US president Donald Trump riled Beijing with the phrase “China virus” and by blaming the outbreak on a Chinese laboratory.
As death rates soared across the US and New York became the global centre of the pandemic in March, Mr Trump urged Beijing to come clean about the origins of the virus.
Bickering between American and Chinese diplomats meant the UN’s top decision-making body, the Security Council, took nearly three months to pass a resolution calling for global solidarity against the coronavirus, in April 2020.
Mr Trump announced in May that the US would leave the WHO and stop funding it, criticising it for its response to the pandemic and accusing its officials of acting in China’s favour.
Since taking office in January, US President Joe Biden has reversed the decision to leave the WHO.
Last month, the UN Security Council agreed on a resolution on vaccinating people in war zones, indicating calmer international relations under the Biden administration.
But the UN says rich countries ordered more vaccines than necessary while poorer countries lack enough doses even for frontline healthcare staff, while the UN-backed Covax vaccine sharing scheme is badly underfunded.
"We can't ignore the amazing scientific response and the rapidity in which many member states have been able to develop effective vaccines," Mr Dujarric said.
"The scientists have done their job. It is now for multilateralism in a sense to do its job and to find a more co-ordinated response to the rollout of the vaccine."
The UN is marking the anniversary on Thursday by launching a campaign to give Covax the $2 billion it needs to offer vaccines to nearly 30 per cent of the populations of poor and middle-income countries by the end of the year.
"The only way we're really going to beat this and build back in a more sustainable way is with the right amount of investment," Mr Dujarric said.
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
The Voice of Hind Rajab
Starring: Saja Kilani, Clara Khoury, Motaz Malhees
Director: Kaouther Ben Hania
Rating: 4/5
Non-oil%20trade
%3Cp%3ENon-oil%20trade%20between%20the%20UAE%20and%20Japan%20grew%20by%2034%20per%20cent%20over%20the%20past%20two%20years%2C%20according%20to%20data%20from%20the%20Federal%20Competitiveness%20and%20Statistics%20Centre.%C2%A0%3C%2Fp%3E%0A%3Cp%3EIn%2010%20years%2C%20it%20has%20reached%20a%20total%20of%20Dh524.4%20billion.%C2%A0%3C%2Fp%3E%0A%3Cp%3ECars%20topped%20the%20list%20of%20the%20top%20five%20commodities%20re-exported%20to%20Japan%20in%202022%2C%20with%20a%20value%20of%20Dh1.3%20billion.%C2%A0%3C%2Fp%3E%0A%3Cp%3EJewellery%20and%20ornaments%20amounted%20to%20Dh150%20million%20while%20precious%20metal%20scraps%20amounted%20to%20Dh105%20million.%C2%A0%3C%2Fp%3E%0A%3Cp%3ERaw%20aluminium%20was%20ranked%20first%20among%20the%20top%20five%20commodities%20exported%20to%20Japan.%C2%A0%3C%2Fp%3E%0A%3Cp%3ETop%20of%20the%20list%20of%20commodities%20imported%20from%20Japan%20in%202022%20was%20cars%2C%20with%20a%20value%20of%20Dh20.08%20billion.%3C%2Fp%3E%0A
The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
HUNGARIAN GRAND PRIX RESULT
1. Sebastian Vettel, Ferrari 1:39:46.713
2. Kimi Raikkonen, Ferrari 00:00.908
3. Valtteri Bottas, Mercedes-GP 00:12.462
4. Lewis Hamilton, Mercedes-GP 00:12.885
5. Max Verstappen, Red Bull Racing 00:13.276
6. Fernando Alonso, McLaren 01:11.223
7. Carlos Sainz Jr, Toro Rosso 1 lap
8. Sergio Perez, Force India 1 lap
9. Esteban Ocon, Force India 1 lap
10. Stoffel Vandoorne, McLaren 1 lap
11. Daniil Kvyat, Toro Rosso 1 lap
12. Jolyon Palmer, Renault 1 lap
13. Kevin Magnussen, Haas 1 lap
14. Lance Stroll, Williams 1 lap
15. Pascal Wehrlein, Sauber 2 laps
16. Marcus Ericsson, Sauber 2 laps
17r. Nico Huelkenberg, Renault 3 laps
r. Paul Di Resta, Williams 10 laps
r. Romain Grosjean, Haas 50 laps
r. Daniel Ricciardo, Red Bull Racing 70 laps
THE BIO
Occupation: Specialised chief medical laboratory technologist
Age: 78
Favourite destination: Always Al Ain “Dar Al Zain”
Hobbies: his work - “ the thing which I am most passionate for and which occupied all my time in the morning and evening from 1963 to 2019”
Other hobbies: football
Favorite football club: Al Ain Sports Club
COMPANY%20PROFILE
%3Cp%3EFounder%3A%20Hani%20Abu%20Ghazaleh%3Cbr%3EBased%3A%20Abu%20Dhabi%2C%20with%20an%20office%20in%20Montreal%3Cbr%3EFounded%3A%202018%3Cbr%3ESector%3A%20Virtual%20Reality%3Cbr%3EInvestment%20raised%3A%20%241.2%20million%2C%20and%20nearing%20close%20of%20%245%20million%20new%20funding%20round%3Cbr%3ENumber%20of%20employees%3A%2012%3C%2Fp%3E%0A
Leading all-time NBA scorers
Kareem Abdul-Jabbar 38,387
Karl Malone 36,928
Kobe Bryant 33,643
Michael Jordan 32,292
LeBron James 31,425
Wilt Chamberlain 31,419
'Unrivaled: Why America Will Remain the World’s Sole Superpower'
Michael Beckley, Cornell Press
%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