The Covid-19 variant first detected in Britain is now the dominant strain in Spain. Reuters
The Covid-19 variant first detected in Britain is now the dominant strain in Spain. Reuters
The Covid-19 variant first detected in Britain is now the dominant strain in Spain. Reuters
The Covid-19 variant first detected in Britain is now the dominant strain in Spain. Reuters

UK Covid-19 variant could be helping Spain by keeping other strains out


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The coronavirus variant first detected in the UK could be helping Spain by fending off other strains and keeping them at bay.

Fernando Simon, Spain’s chief epidemiologist, said the B117 variant was now the country’s dominant strain, responsible for 70 per cent of new Covid-19 cases in 11 regions and 90 per cent of infections in another five regions.

Dr Simon said the more contagious variant could be benefiting Spain by preventing other strains detected in South Africa and Brazil becoming prevalent.

“The Brazilian and the South African strains are the ones that interest us and worry us most,” he said.

Meanwhile, German Chancellor Angela Merkel on Wednesday threw her weight behind a “short, uniform lockdown” as the country grapples with a high level of cases fuelled by the spread of the UK variant.

Ms Merkel's spokeswoman Ulrike Demmer said Germany's hospital system was under increasing pressure.

  • Paramedics arrive with a patient suffering from Covid-19 at the hospital in Bochnia, Poland. AP Photo
    Paramedics arrive with a patient suffering from Covid-19 at the hospital in Bochnia, Poland. AP Photo
  • A medical worker in the Intensive Care Unit where patients suffering from the coronavirus disease are treated at Cambrai hospital, France. Reuters
    A medical worker in the Intensive Care Unit where patients suffering from the coronavirus disease are treated at Cambrai hospital, France. Reuters
  • People enjoy a sunny spring day along the banks of the canal Saint-Martin in Paris, France. Reuters
    People enjoy a sunny spring day along the banks of the canal Saint-Martin in Paris, France. Reuters
  • Police officers monitor people enjoying the Paris weather. Reuters
    Police officers monitor people enjoying the Paris weather. Reuters
  • A medical worker wearing an Easter themed headband gives Easter eggs to a patient suffering from Covid-19 at the San Filippo Neri hospital in Rome, Italy. Reuters
    A medical worker wearing an Easter themed headband gives Easter eggs to a patient suffering from Covid-19 at the San Filippo Neri hospital in Rome, Italy. Reuters
  • A nurse attends to patients with respiratory problems at the emergency ward of the hospital in Bochnia, Poland. Polish hospitals struggled over the Easter weekend following a surge in infections across Central and Eastern Europe. AP Photo
    A nurse attends to patients with respiratory problems at the emergency ward of the hospital in Bochnia, Poland. Polish hospitals struggled over the Easter weekend following a surge in infections across Central and Eastern Europe. AP Photo
  • People go through a preliminary examination before receiving a vaccine in Rome, Italy. AP Photo
    People go through a preliminary examination before receiving a vaccine in Rome, Italy. AP Photo
  • Barceloneta beach promenade is packed with people in Barcelona, Spain. EPA
    Barceloneta beach promenade is packed with people in Barcelona, Spain. EPA
  • Police officers disperse a group of youths in Barcelona, Spain. EPA
    Police officers disperse a group of youths in Barcelona, Spain. EPA
  • People social distance while waiting in a vaccination center in Cologne, Germany. AP Photo
    People social distance while waiting in a vaccination center in Cologne, Germany. AP Photo
  • Balconies of an empty apartment building near the beach of Cuxhaven-Duhnen, northern Germany. Due to the rising numbers of Covid-19 cases most seaside resorts have imposed strict lockdown measures for the Easter weekend in Germany. EPA
    Balconies of an empty apartment building near the beach of Cuxhaven-Duhnen, northern Germany. Due to the rising numbers of Covid-19 cases most seaside resorts have imposed strict lockdown measures for the Easter weekend in Germany. EPA
  • People walk under blossom in Berlin, Germany. Getty Images
    People walk under blossom in Berlin, Germany. Getty Images

Ms Merkel and the leaders of Germany's 16 states in March agreed national rules including strict shutdowns and possible curfews in areas with more than 100 new infections per 100,000 people over seven days.

But under Germany's federal system, each state can ultimately decide its own rules. Some have failed to impose more restrictions in the face of more cases and even gone ahead with reopening measures.

Ms Demmer said the patchwork of rules was "not contributing to security and acceptance at the moment".

While the vaccines can cope well with the UK strain, a recent study published in the New England Journal of Medicine suggested that the Oxford-AstraZeneca vaccine was only 10 per cent effective in protecting against mild to moderate Covid-19 disease in South Africa.

Countries such as the UK stepped up border measures to prevent variant cases being imported.

Limited numbers of the South African and Brazilian strains were detected in the UK, where the B117 variant is dominant.

Dr Simon said Spain might soon offer AstraZeneca’s Covid-19 vaccine to people over 65.

“We have more solid evidence that in people over 65, the AstraZeneca vaccine will have the effect that we would like it to have,” he said.

Spain is something of an outlier in Europe by limiting AstraZeneca's vaccine to young people, while countries such as Germany and France are using the drug only in the older population over concerns about blood clots.

Marco Cavaleri, the head of vaccines at the European Medicines Agency, said there was a "clear link" between AstraZeneca's drug and rare but serious blood clots, with the regulator to make an official statement on the matter later on Wednesday.

The UK regulator is also expected to make an announcement on the use of AstraZeneca’s vaccine in younger people this week.

The specs

Engine: 3.5-litre V6

Power: 272hp at 6,400rpm

Torque: 331Nm from 5,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.7L/100km

On sale: now

Price: Dh149,000

 

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

Results

5pm: Wathba Stallions Cup Maiden (PA) Dh 70,000 (Dirt) 1,000m, Winner: Hazeem Al Raed, Antonio Fresu (jockey), Ahmed Al Shemaili (trainer)

5.30pm: Handicap (PA) Dh 85,000 (D) 1,000m, Winner: Ghazwan Al Khalediah, Hugo Lebouc, Helal Al Alawi

6pm: Maiden (PA) Dh 70,000 (D) 1,400m, Winner: Dinar Al Khalediah, Patrick Cosgrave, Helal Al Alawi.

6.30pm: Handicap (TB) Dh 70,000 (D) 1,600m, Winner: Faith And Fortune, Sandro Paiva, Ali Rashid Al Raihe.

7pm: Maiden (PA) Dh 70,000 (D) 1,600m, Winner: Only Smoke, Bernardo Pinheiro, Abdallah Al Hammadi.

7.30pm: Handicap (PA) Dh 70,000 (D) 1,600m, Winner: AF Ramz, Saif Al Balushi, Khalifa Al Neyadi.

8pm: Maiden (PA) Dh 70,000 (D) 2,000m, Winner: AF Mass, Tadhg O’Shea, Ernst Oertel.

Results

4.30pm Jebel Jais – Maiden (PA) Dh60,000 (Turf) 1,000m; Winner: MM Al Balqaa, Bernardo Pinheiro (jockey), Qaiss Aboud (trainer)

5pm: Jabel Faya – Maiden (PA) Dh60,000 (T) 1,000m; Winner: AF Rasam, Tadhg O’Shea, Ernst Oertel

5.30pm: Al Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 2,200m; Winner: AF Mukhrej, Tadhg O’Shea, Ernst Oertel

6pm: The President’s Cup Prep – Conditions (PA) Dh100,000 (T) 2,200m; Winner: Mujeeb, Richard Mullen, Salem Al Ketbi

6.30pm: Abu Dhabi Equestrian Club – Prestige (PA) Dh125,000 (T) 1,600m; Winner: Jawal Al Reef, Antonio Fresu, Abubakar Daud

7pm: Al Ruwais – Group 3 (PA) Dh300,000 (T) 1,200m; Winner: Ashton Tourettes, Pat Dobbs, Ibrahim Aseel

7.30pm: Jebel Hafeet – Maiden (TB) Dh80,000 (T) 1,400m; Winner: Nibraas, Richard Mullen, Nicholas Bachalard

Race card

1.45pm: Maiden Dh75,000 1,200m.

2.15pm: Maiden Dh75,000 1,200m.

2.45pm: Handicap Dh95,000 1,200m.

3.15pm: Handicap Dh120,000 1,400m.

3.45pm: Handicap Dh80,000 1,400m.

4.15pm: Handicap Dh90,000 1,800m.

4.45pm: Handicap Dh80,000 1,950m.

The National selections:

1.45pm: Galaxy Road – So Hi Speed

2.15pm: Majestic Thunder – Daltrey

2.45pm: Call To War – Taamol

3.15pm: Eqtiraan - Bochart

3.45pm: Kidd Malibu – Initial

4.15pm: Arroway – Arch Gold

4.35pm: Compliance - Muqaatil

Some of Darwish's last words

"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008

His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.

Empire of Enchantment: The Story of Indian Magic

John Zubrzycki, Hurst Publishers

THE SPECS

Engine: six-litre W12 twin-turbo

Transmission: eight-speed dual clutch auto

Power: 626bhp

Torque: 900Nm

Price: Dh940,160 (plus VAT)

On sale: Q1 2020

MATCH INFO

Borussia Dortmund 0

Bayern Munich 1 (Kimmich 43')

Man of the match: Joshua Kimmich (Bayern Munich)

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What is blockchain?

Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.

The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.

Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.

However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.

Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.