Six countries have reported a new coronavirus mutation linked to mink farms that is transmissible to humans, according to the World Health Organisation.
Denmark, Italy, the Netherlands, Spain, Sweden and the US have discovered Sars-CoV-2 in minks, the UN agency said. The animals are kept in large numbers of farms and they have been found to infect workers, sparking fears that it might override the effectiveness of a Covid-19 vaccine.
Although authorities have been aware of the mutation for a while, it has raised alarm since it has only just been confirmed that the new strain can jump to humans.
Danish authorities have imposed strict measures on the north of the country after the mink strain infected 12 people. There are fears that hundreds could be infected with the new strain.
Danish Prime Minister Mette Frederiksen said the situation was “very, very serious” and such mutations could pose a risk to a vaccine’s efficacy. Mutations in some mink-linked strains have involved the spike protein of the virus, which is being targeted by some of the vaccines in development.
"We have a great responsibility towards our own population, but with the mutation that has now been found, we have an even greater responsibility for the rest of the world as well," Ms Frederiksen said.
In addition to the lockdown, culling of all 17 million mink in the Scandinavian country began last month by the army and police.
Denmark is the world’s biggest exporter of mink fur, with its main markets being China and Hong Kong.
Outside of Denmark, it has been reported that hundreds have been infected with the new strain of virus linked to the animal.
The British government has ordered all people arriving from Denmark to quarantine immediately for 14 days.
On Twitter, UK Transport Secretary Grant Shapps wrote: "This decision to act quickly follows on from health authorities in Denmark reporting widespread outbreaks of coronavirus in mink farms. Keeping the UK public safe remains our top priority."
Scottish airline Loganair has suspended flights between Scotland and Denmark from November 9 to 22 due to the restrictions.
But the WHO said that people should not jump to conclusions just yet.
"We need to wait and see what the implications are but I don't think we should come to any conclusions about whether this particular mutation is going to impact vaccine efficacy," said chief scientist Soumya Swaminathan.
Sars-CoV-2, the coronavirus that causes the Covid-19 disease, has been mutating roughly every two weeks but these mutations have not been shown to have a significant effect on how the virus infects humans.
Effective nasal spray
Meanwhile, scientists found that a nasal spray that blocks coronavirus particles from being absorbed into cells has been found to completely protect ferrets, raising hopes that one day it’ll be able to protect humans too.
A scientific trial, yet to be peer reviewed and published, found the lipopeptide, a cholesterol particle in the spray linked to a chain of amino acids, could disrupt the functioning of the spike protein which allows Covid-19 to infect the respiratory system.
Scientists from Columbia University Medical Centre in New York, Erasmus Medical Centre in the Netherlands, Cornell University and the University of Campania in Italy have been conducting the study, The New York Times reported on Friday.
As well as minks and ferrets, studies show that other animals, including hamsters and some monkeys, can get sick from the virus. Covid-19 is thought to have originated from Chinese horseshoe bats.
The biog
Favourite Emirati dish: Fish machboos
Favourite spice: Cumin
Family: mother, three sisters, three brothers and a two-year-old daughter
World record transfers
1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m
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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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What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
Name: Peter Dicce
Title: Assistant dean of students and director of athletics
Favourite sport: soccer
Favourite team: Bayern Munich
Favourite player: Franz Beckenbauer
Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates
COMPANY%20PROFILE
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Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
Ferrari 12Cilindri specs
Engine: naturally aspirated 6.5-liter V12
Power: 819hp
Torque: 678Nm at 7,250rpm
Price: From Dh1,700,000
Available: Now
What is the Supreme Petroleum Council?
The Abu Dhabi Supreme Petroleum Council was established in 1988 and is the highest governing body in Abu Dhabi’s oil and gas industry. The council formulates, oversees and executes the emirate’s petroleum-related policies. It also approves the allocation of capital spending across state-owned Adnoc’s upstream, downstream and midstream operations and functions as the company’s board of directors. The SPC’s mandate is also required for auctioning oil and gas concessions in Abu Dhabi and for awarding blocks to international oil companies. The council is chaired by Sheikh Khalifa, the President and Ruler of Abu Dhabi while Sheikh Mohamed bin Zayed, Abu Dhabi’s Crown Prince and Deputy Supreme Commander of the Armed Forces, is the vice chairman.
Notable Yas events in 2017/18
October 13-14 KartZone (complimentary trials)
December 14-16 The Gulf 12 Hours Endurance race
March 5 Yas Marina Circuit Karting Enduro event
March 8-9 UAE Rotax Max Challenge
Profile of Hala Insurance
Date Started: September 2018
Founders: Walid and Karim Dib
Based: Abu Dhabi
Employees: Nine
Amount raised: $1.2 million
Funders: Oman Technology Fund, AB Accelerator, 500 Startups, private backers
Profile Box
Company/date started: 2015
Founder/CEO: Mohammed Toraif
Based: Manama, Bahrain
Sector: Sales, Technology, Conservation
Size: (employees/revenue) 4/ 5,000 downloads
Stage: 1 ($100,000)
Investors: Two first-round investors including, 500 Startups, Fawaz Al Gosaibi Holding (Saudi Arabia)