French President Emmanuel Macron on a visit to a Covid-19 vaccination centre in Valenciennes, France. EPA
French President Emmanuel Macron on a visit to a Covid-19 vaccination centre in Valenciennes, France. EPA
French President Emmanuel Macron on a visit to a Covid-19 vaccination centre in Valenciennes, France. EPA
French President Emmanuel Macron on a visit to a Covid-19 vaccination centre in Valenciennes, France. EPA

French hospitals face ‘violent shock’ if ‘explosion’ in Covid-19 cases isn’t curbed


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France’s health system will face an “unprecedented violent shock” in less than a month if Covid-19 cases are not brought under control, leading medical workers said.

The warning came after France imposed a month-long lockdown on Paris and parts of the north to contain highly contagious variants of the coronavirus.

Frederic Valletoux, president of the French hospital federation, said the number of people in intensive care was at a four-month high.

"The epidemic is gathering pace, and the figures are exploding," he told LCI TV.

Epidemiologist and government scientific adviser Arnaud Fontanet echoed the warning, telling BFM TV on Tuesday that more restrictions might be necessary if the measures now in place fail to slow the spread of the virus.

France reported 15,792 new coronavirus cases on Monday, more than double the 6,471 reported last Monday. This was the highest number published on a Monday since the peak of the second wave in early November.

The country also registered 343 new deaths, pushing the official tally of fatalities to 92,621 – the eighth-highest Covid-19 death toll in the world.

Neighbouring Germany also imposed a tougher lockdown after Chancellor Angela Merkel said the country was in a race against time to vaccinate the population.

Mr Macron was forced to change strategy and order another lockdown amid the country’s faltering vaccination campaign and the new variants.

He said on Tuesday France would lower the age from which people can be vaccinated to 70 from 75.

"The heart of the battle in the coming weeks and months will be the vaccination. Morning, noon and night," he said.

"Vaccination is a national priority. There is no bank holiday, there is no weekend for vaccination. So we must, in all the vaccination centres that are opened across the country, fully vaccinate."

Mr Macron said AstraZeneca was "a bit below its (delivery) commitments to us" after Ms Merkel said the EU "has a problem" with the company.

Coronavirus in Europe - in pictures 

  • A Polish commuter waits for a coronavirus test at the Stadtbruecke border crossing between Germany and Poland. Poland is classified as a 'high risk' area by German authorities. AP Photo
    A Polish commuter waits for a coronavirus test at the Stadtbruecke border crossing between Germany and Poland. Poland is classified as a 'high risk' area by German authorities. AP Photo
  • Polish commuters queue for a coronavirus test at the Stadtbruecke border crossing. AP Photo
    Polish commuters queue for a coronavirus test at the Stadtbruecke border crossing. AP Photo
  • Teacher Michael G. Gromotka and his son Georg. Amid pressure to relax the lockdown, Germany agreed last month to gradually begin reopening schools - then the number of coronavirus cases increased, prompting some regional authorities to put those plans on hold. AP Photo
    Teacher Michael G. Gromotka and his son Georg. Amid pressure to relax the lockdown, Germany agreed last month to gradually begin reopening schools - then the number of coronavirus cases increased, prompting some regional authorities to put those plans on hold. AP Photo
  • People walk through the quiet Alt Sachsenhausen district in Frankfurt, Germany. AP Photo
    People walk through the quiet Alt Sachsenhausen district in Frankfurt, Germany. AP Photo
  • Tourists from Germany dance on El Arenal beach in Palma de Mallorca, Spain, following Berlin's lifting of quarantine requirements for travellers returning from the Balearic Islands. Reuters
    Tourists from Germany dance on El Arenal beach in Palma de Mallorca, Spain, following Berlin's lifting of quarantine requirements for travellers returning from the Balearic Islands. Reuters
  • Tourists from Germany arrive at Palma de Mallorca Airport in Spain. Reuters
    Tourists from Germany arrive at Palma de Mallorca Airport in Spain. Reuters
  • People walk on the Promenade des Anglais during lockdown in Nice, southern France. EPA
    People walk on the Promenade des Anglais during lockdown in Nice, southern France. EPA
  • People on Pont Neuf bridge next to the river Seine in Paris, France. New lockdown measures include the closure of non-essential businesses, but people are allowed outdoors within a 10-kilometre radius of one's home without time restrictions. EPA
    People on Pont Neuf bridge next to the river Seine in Paris, France. New lockdown measures include the closure of non-essential businesses, but people are allowed outdoors within a 10-kilometre radius of one's home without time restrictions. EPA
  • People wait to receive a dose of Moderna's Covid-19 vaccine in Marcq-en-Baroeul, France. Reuters
    People wait to receive a dose of Moderna's Covid-19 vaccine in Marcq-en-Baroeul, France. Reuters
  • Police start clearing the area of protesters during an anti-lockdown demonstration in Amsterdam, the Netherlands. EPA
    Police start clearing the area of protesters during an anti-lockdown demonstration in Amsterdam, the Netherlands. EPA
  • Music fans at a pop festival enjoy the event in Biddinghuizen, the Netherlands. The festival is part of a series of trial events in which researchers of the Fieldlab programme are investigating how large public events can take place safely during the pandemic. EPA
    Music fans at a pop festival enjoy the event in Biddinghuizen, the Netherlands. The festival is part of a series of trial events in which researchers of the Fieldlab programme are investigating how large public events can take place safely during the pandemic. EPA
  • People take part in a demonstration against distanced learning in Duomo square, Milan, northern Italy. EPA
    People take part in a demonstration against distanced learning in Duomo square, Milan, northern Italy. EPA
  • People walk along a promenade in Barcelona, Spain. EPA
    People walk along a promenade in Barcelona, Spain. EPA
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BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

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Match info

Costa Rica 0

Serbia 1
Kolarov (56')

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

Cricket World Cup League 2

UAE results
Lost to Oman by eight runs
Beat Namibia by three wickets
Lost to Oman by 12 runs
Beat Namibia by 43 runs

UAE fixtures
Free admission. All fixtures broadcast live on icc.tv

Tuesday March 15, v PNG at Sharjah Cricket Stadium
Friday March 18, v Nepal at Dubai International Stadium
Saturday March 19, v PNG at Dubai International Stadium
Monday March 21, v Nepal at Dubai International Stadium

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  

Indoor cricket in a nutshell

Indoor Cricket World Cup - Sep 16-20, Insportz, Dubai

16 Indoor cricket matches are 16 overs per side

8 There are eight players per team

There have been nine Indoor Cricket World Cups for men. Australia have won every one.

5 Five runs are deducted from the score when a wickets falls

Batsmen bat in pairs, facing four overs per partnership

Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.

Zones

A Front net, behind the striker and wicketkeeper: 0 runs

B Side nets, between the striker and halfway down the pitch: 1 run

Side nets between halfway and the bowlers end: 2 runs

Back net: 4 runs on the bounce, 6 runs on the full

The Bloomberg Billionaire Index in full

1 Jeff Bezos $140 billion
2 Bill Gates $98.3 billion
3 Bernard Arnault $83.1 billion
4 Warren Buffett $83 billion
5 Amancio Ortega $67.9 billion
6 Mark Zuckerberg $67.3 billion
7 Larry Page $56.8 billion
8 Larry Ellison $56.1 billion
9 Sergey Brin $55.2 billion
10 Carlos Slim $55.2 billion

The specs: 2017 Porsche 718 Cayman

Price, base / as tested Dh222,500 / Dh296,870

Engine 2.0L, flat four-cylinder

Transmission Seven-speed PDK

Power 300hp @ 6,500rpm

Torque 380hp @ 1,950rpm

Fuel economy, combined 6.9L / 100km