epa07214688 A trashcan burns on Place de la Republique as students demonstrate against the increase of the subscription fees for foreigners students, in Paris, France, 07 December 2018. This movement takes place while the government is facing a major contestation by the so called movement of the Gilets Jaunes (Yellow Vests). EPA/IAN LANGSDON
epa07214688 A trashcan burns on Place de la Republique as students demonstrate against the increase of the subscription fees for foreigners students, in Paris, France, 07 December 2018. This movement takes place while the government is facing a major contestation by the so called movement of the Gilets Jaunes (Yellow Vests). EPA/IAN LANGSDON
epa07214688 A trashcan burns on Place de la Republique as students demonstrate against the increase of the subscription fees for foreigners students, in Paris, France, 07 December 2018. This movement takes place while the government is facing a major contestation by the so called movement of the Gilets Jaunes (Yellow Vests). EPA/IAN LANGSDON
epa07214688 A trashcan burns on Place de la Republique as students demonstrate against the increase of the subscription fees for foreigners students, in Paris, France, 07 December 2018. This movement

Macron braces for new wave of protests as anger grows


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French President Emmanuel Macron increasingly looked like a latter-day Louis XVI on Friday as the “gilet jaunes” prepared to stage fresh protests against a leader they branded “the president of the rich.”

Mr Macron remained holed up in the Élysée as Prime Minister Edouard Phillippe stepped up to the fore to quell the rebellion. This week Mr Phillippe announced a suspension of fuel taxes, promised to freeze a planned surge of electricity bills and dangled the possibility of future concessions, but the capital is bracing for its fourth round of protests as demands multiply rather than dissipate.

Since it began three weeks ago, the movement protesting environmental fuel tax hikes has spread well beyond its original grievances to encompass demands for better public services in rural areas, higher pensions and minimum salaries and the withdrawal of a reform impacting university entrance requirements.

This week a number of tax offices across France have come under violent attack by protesters donning the yellow high visibility vests.  In Limoges, a tractor smashed into the entrance of the tax office, while in Poitiers 200 employees were taken to safety by police after protestors accused them of being “fascist collaborators.”

Across France, around 200 schools were closed or suffered disruption after students rose against government reforms that bring about changes to Baccalauréat examinations and university entry requirements and raise subscription fees for foreigners students.

The president is in danger of losing control of his capital city once again this weekend. His approval ratings have now dropped to 18 per cent, the lowest level in modern times after only 18 months in office.

Mr Macron so far refrained from imposing a new state of emergency or martial law in order to restore order. Calling out the army against his own citizens is likely to further escalate the violence and up the criticism against the president, who is already being lambasted for episodes of police brutality against protesters.

On Thursday, a video showing police patrolling over students kneeling on the floor with the hands bound behind their backs went viral on social media and sparked public condemnation.

The police operation, which occurred at a high school in the northern town of Mantes-la-Jolie, was part of a crackdown on days of protests over the government's education reforms,

The interior ministry said in a statement that more than 100 people were arrested in proximity of the school and that dozens of them were found to be carrying sticks, baseball bats and tear gas canisters.

But many observers did not condone how the authorities handled the situation. Cecile Duflot, the director general of Oxfam in France, said the video showed "intolerable" behaviour on the part of the police.

Former French education minister Benoit Hamon asked what authorities hoped to achieve by humiliating French youth. "This is not the Republic," he wrote in a Tweet.

Mr Macron appealed to his objectors on both sides of the political spectrum, inviting them to act responsibly. But interior ministry officials told French press agency AFP that authorities were bracing for "significant violence", based on indications that protesters on both the far right and far left are planning to take to the streets on Saturday.

The Parisian police prefecture invited business owners in the capital’s shopping district of the Champs Elysées to refrain from opening and barricade their windows to prevent damages.

Representatives of the public health sector said hospitals were taking additional measures to prepare for emergencies over the weekend. The protests have already led to four deaths and hundreds have been injured.

A survey by French daily Le Figaro found that Mr Macron's popularity has plunged lower than the approval rating for US president Donald Trump in France. Mr Trump – who is in many ways the political antithesis of Mr Macron – has seen his popularity among the French swell from 65 per cent to 80 per cent, while that of Mr Macron dropped from 27 to 18 per cent since the start of the protests.

The demise of Mr Macron could have dire consequences for France as well as for a European Union approaching its next parliamentary elections. Together with German Chancellor Angela Merkel – who recently announced her decision to step down as leader of the CDU at the end of her term in 2021 – the French president has stood up against the rising tide of populism that swept the bloc in the latest national elections.

Mr Macron’s vision of a global effort to combat climate change is also at stake. As world leaders gathered in Poland on Monday to kick-start the COP24 climate talks, Mr Macron stayed behind to deal with protests that are a direct result of the commitments to cut carbon emissions.

Despite being criticised for committing acts of vandalism, polls have shown that the “gilets jaunes” have the support of 70 per cent of the French public. If Mr Macron wants to keep his seat, he will have to find a cause that unites the French more than his own demise.

MATCH INFO

Sheffield United 2 Bournemouth 1
United: Sharp (45 2'), Lundstram (84')
Bournemouth: C Wilson (13')

Man of the Match: Jack O’Connell (Sheffield United)

How to become a Boglehead

Bogleheads follow simple investing philosophies to build their wealth and live better lives. Just follow these steps.

•   Spend less than you earn and save the rest. You can do this by earning more, or being frugal. Better still, do both.

•   Invest early, invest often. It takes time to grow your wealth on the stock market. The sooner you begin, the better.

•   Choose the right level of risk. Don't gamble by investing in get-rich-quick schemes or high-risk plays. Don't play it too safe, either, by leaving long-term savings in cash.

•   Diversify. Do not keep all your eggs in one basket. Spread your money between different companies, sectors, markets and asset classes such as bonds and property.

•   Keep charges low. The biggest drag on investment performance is all the charges you pay to advisers and active fund managers.

•   Keep it simple. Complexity is your enemy. You can build a balanced, diversified portfolio with just a handful of ETFs.

•   Forget timing the market. Nobody knows where share prices will go next, so don't try to second-guess them.

•   Stick with it. Do not sell up in a market crash. Use the opportunity to invest more at the lower price.

The specs

Engine: Direct injection 4-cylinder 1.4-litre
Power: 150hp
Torque: 250Nm
Price: From Dh139,000
On sale: Now

F1 2020 calendar

March 15 - Australia, Melbourne; March 22 - Bahrain, Sakhir; April 5 - Vietnam, Hanoi; April 19 - China, Shanghai; May 3 - Netherlands, Zandvoort; May 20 - Spain, Barcelona; May 24 - Monaco, Monaco; June 7 - Azerbaijan, Baku; June 14 - Canada, Montreal; June 28 - France, Le Castellet; July 5 - Austria, Spielberg; July 19 - Great Britain, Silverstone; August 2 - Hungary, Budapest; August 30 - Belgium, Spa; September 6 - Italy, Monza; September 20 - Singapore, Singapore; September 27 - Russia, Sochi; October 11 - Japan, Suzuka; October 25 - United States, Austin; November 1 - Mexico City, Mexico City; November 15 - Brazil, Sao Paulo; November 29 - Abu Dhabi, Abu Dhabi.

'The worst thing you can eat'

Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.

Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines: 

Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.

Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.

Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.

Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.

Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.

Company name: Play:Date

Launched: March 2017 on UAE Mother’s Day

Founder: Shamim Kassibawi

Based: Dubai with operations in the UAE and US

Sector: Tech 

Size: 20 employees

Stage of funding: Seed

Investors: Three founders (two silent co-founders) and one venture capital fund

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

THE POPE'S ITINERARY

Sunday, February 3, 2019 - Rome to Abu Dhabi
1pm: departure by plane from Rome / Fiumicino to Abu Dhabi
10pm: arrival at Abu Dhabi Presidential Airport


Monday, February 4
12pm: welcome ceremony at the main entrance of the Presidential Palace
12.20pm: visit Abu Dhabi Crown Prince at Presidential Palace
5pm: private meeting with Muslim Council of Elders at Sheikh Zayed Grand Mosque
6.10pm: Inter-religious in the Founder's Memorial


Tuesday, February 5 - Abu Dhabi to Rome
9.15am: private visit to undisclosed cathedral
10.30am: public mass at Zayed Sports City – with a homily by Pope Francis
12.40pm: farewell at Abu Dhabi Presidential Airport
1pm: departure by plane to Rome
5pm: arrival at the Rome / Ciampino International Airport

Tax authority targets shisha levy evasion

The Federal Tax Authority will track shisha imports with electronic markers to protect customers and ensure levies have been paid.

Khalid Ali Al Bustani, director of the tax authority, on Sunday said the move is to "prevent tax evasion and support the authority’s tax collection efforts".

The scheme’s first phase, which came into effect on 1st January, 2019, covers all types of imported and domestically produced and distributed cigarettes. As of May 1, importing any type of cigarettes without the digital marks will be prohibited.

He said the latest phase will see imported and locally produced shisha tobacco tracked by the final quarter of this year.

"The FTA also maintains ongoing communication with concerned companies, to help them adapt their systems to meet our requirements and coordinate between all parties involved," he said.

As with cigarettes, shisha was hit with a 100 per cent tax in October 2017, though manufacturers and cafes absorbed some of the costs to prevent prices doubling.

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Serbia 1
Kolarov (56')

Our legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

RESULTS
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The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Part three: an affection for classic cars lives on

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE