President-elect Donald Trump delivers his acceptance speech at the New York Hilton Midtown hotel in the early hours of November 9, 2016. Chip Somodevilla/Getty Images/AFP
President-elect Donald Trump delivers his acceptance speech at the New York Hilton Midtown hotel in the early hours of November 9, 2016. Chip Somodevilla/Getty Images/AFP
President-elect Donald Trump delivers his acceptance speech at the New York Hilton Midtown hotel in the early hours of November 9, 2016. Chip Somodevilla/Getty Images/AFP
President-elect Donald Trump delivers his acceptance speech at the New York Hilton Midtown hotel in the early hours of November 9, 2016. Chip Somodevilla/Getty Images/AFP

Now president, can Trump unite rather than divide?


Colin Randall
  • English
  • Arabic

From leading a ragged “basket of deplorables”, as Hillary Clinton termed half of his followers, Donald John Trump has risen above the stench of a hideously unattractive US election campaign to win the sweetest of prizes.

But as the man decried as a vulgar and dangerously unpredictable bully prepares to succeed Barack Obama as the head of the world’s most powerful nation, it remains to be seen whether Mr Trump is now capable of uniting his bitterly divided people.

In the immediate euphoria of a victory that many around the globe thought improbable, there were hints of graciousness and magnanimity as the business tycoon acknowledged Mrs Clinton’s “very, very hard-fought campaign” and her long record of service to the United States.

This may seem the least a conqueror might say of their conquered, but it is a far cry from the “lock her up” rhetoric of the boisterous election rallies in which Mr Trump denounced Mrs Clinton as unfit to stand for office.

Now, over the coming four years, Mr Trump’s task is to persuade his fellow countrymen and women – all Americans, as he put it himself, and not just his supporters – that he represents them in spite of the divisions highlighted and exacerbated by the election.

Mrs Clinton’s remark that half of her opponent’s supporters could be put into a “basket of deplorables” was not an innocent aside plucked out of context from a vastly more measured analysis.

She went on to say that these people included the “racist, sexist, homophobic, xenophobic, Islamophobic – you name it”.

“And he has lifted them up,” she added. “He has given voice to their websites that used to only have 11,000 people, now have 11 million. He tweets and retweets offensive, hateful, mean-spirited rhetoric.”

Some of them were irredeemable, she said, but “thankfully they are not America”.

”presidentpower”
”presidentpower”

Beyond these hate-filled irredeemables were the ordinary Americans who felt let down by their government, the economy and an establishment that cared nothing about their lives or struggles.

Those, essentially, were Mrs Clinton’s words, too, to explain Mr Trump’s wider appeal and they help to explain the core reason for his success.

Just as Rome and Barcelona voted in local elections for anti-party activists untarnished by the successive failings of mainstream politicians, and as countries such as France, Austria and Germany edge closer to electing far-right groups or individuals to power, the US has chosen rupture to express its desire for change.

Now the incoming president, an immensely wealthy product of big business and reality television, has to show himself capable of being what he belatedly aspires to be: a head of state for all, a unifying force.

In his victory speech on Wednesday morning Mr Trump seemed to be trying to spread this message of unity even further afield, promising to “get along with all other nations willing to get along with us”.

Mr Trump’s ability to serve as a unifying force stacks up to a tall order, however, given his track record. Not only has he advocated a ban on Muslims entering the US and proposed scrapping president Barack Obama’s vaunted health care programme, but he has also promised to build a giant wall to keep Mexicans out of the US – that Mexico itself will pay for. That is without reflecting on the millions of Americans offended by his multiple lecherous and sexist remarks about women and allegations of historical sexual assault.

Trump supporters clearly bought into their candidate’s protestations that he was the victim of a media and establishment stitch-up – or perhaps felt comfortable with even his most outrageous sound bites and leaked confidences.

But whether the rest of the world can feel comfortable with a Trump presidency is another matter.

The new leader of the free world is accustomed to sniping from other countries: the French prime minister Manuel Valls called him “arguably a bad man”, while Boris Johnson, before becoming Britain’s foreign minister, said: “The only reason I wouldn’t visit some parts of New York is the real risk of meeting Donald Trump.”

As the tremors of a widely unexpected election result reverberate around the world, they may be among a number of political leaders now reflecting on how they will deal with a man they once ridiculed and vilified.

foreign.desk@thenational.ae

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US ELECTION: The National's full coverage

”Trump
”Trump

■ Rob Crilly in New York: Donald Trump to be the next president of the United States

■ US election 2016 live: Donald Trump wins

■ Live blog: Business world reaction to Trump victory

■ Opinion: What the first 100 days of Donald Trump will look like

■ In pictures: Election night

_________________________________

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3C%2Fstrong%3E%3A%20ASI%20(formerly%20DigestAI)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Quddus%20Pativada%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Artificial%20intelligence%2C%20education%20technology%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%243%20million-plus%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20GSV%20Ventures%2C%20Character%2C%20Mark%20Cuban%3C%2Fp%3E%0A
AndhaDhun

Director: Sriram Raghavan

Producer: Matchbox Pictures, Viacom18

Cast: Ayushmann Khurrana, Tabu, Radhika Apte, Anil Dhawan

Rating: 3.5/5

if you go

The flights

Emirates fly direct from Dubai to Houston, Texas, where United have direct flights to Managua. Alternatively, from October, Iberia will offer connections from Madrid, which can be reached by both Etihad from Abu Dhabi and Emirates from Dubai.

The trip

Geodyssey’s (Geodyssey.co.uk) 15-night Nicaragua Odyssey visits the colonial cities of Leon and Granada, lively country villages, the lake island of Ometepe and a stunning array of landscapes, with wildlife, history, creative crafts and more. From Dh18,500 per person, based on two sharing, including transfers and tours but excluding international flights. For more information, visit visitnicaragua.us.

Barings Bank

 Barings, one of Britain’s oldest investment banks, was
founded in 1762 and operated for 233 years before it went bust after a trading
scandal. 

Barings Bank collapsed in February 1995 following colossal
losses caused by rogue trader Nick Lesson. 

Leeson gambled more than $1 billion in speculative trades,
wiping out the venerable merchant bank’s cash reserves.  

From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

UAE currency: the story behind the money in your pockets

Abandon
Sangeeta Bandyopadhyay
Translated by Arunava Sinha
Tilted Axis Press 

F1 The Movie

Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem

Director: Joseph Kosinski

Rating: 4/5

Who has been sanctioned?

Daniella Weiss and Nachala
Described as 'the grandmother of the settler movement', she has encouraged the expansion of settlements for decades. The 79 year old leads radical settler movement Nachala, whose aim is for Israel to annex Gaza and the occupied West Bank, where it helps settlers built outposts.

Harel Libi & Libi Construction and Infrastructure
Libi has been involved in threatening and perpetuating acts of aggression and violence against Palestinians. His firm has provided logistical and financial support for the establishment of illegal outposts.

Zohar Sabah
Runs a settler outpost named Zohar’s Farm and has previously faced charges of violence against Palestinians. He was indicted by Israel’s State Attorney’s Office in September for allegedly participating in a violent attack against Palestinians and activists in the West Bank village of Muarrajat.

Coco’s Farm and Neria’s Farm
These are illegal outposts in the West Bank, which are at the vanguard of the settler movement. According to the UK, they are associated with people who have been involved in enabling, inciting, promoting or providing support for activities that amount to “serious abuse”.

BOSH!'s pantry essentials

Nutritional yeast

This is Firth's pick and an ingredient he says, "gives you an instant cheesy flavour". He advises making your own cream cheese with it or simply using it to whip up a mac and cheese or wholesome lasagne. It's available in organic and specialist grocery stores across the UAE.

Seeds

"We've got a big jar of mixed seeds in our kitchen," Theasby explains. "That's what you use to make a bolognese or pie or salad: just grab a handful of seeds and sprinkle them over the top. It's a really good way to make sure you're getting your omegas."

Umami flavours

"I could say soya sauce, but I'll say all umami-makers and have them in the same batch," says Firth. He suggests having items such as Marmite, balsamic vinegar and other general, dark, umami-tasting products in your cupboard "to make your bolognese a little bit more 'umptious'".

Onions and garlic

"If you've got them, you can cook basically anything from that base," says Theasby. "These ingredients are so prevalent in every world cuisine and if you've got them in your cupboard, then you know you've got the foundation of a really nice meal."

Your grain of choice

Whether rice, quinoa, pasta or buckwheat, Firth advises always having a stock of your favourite grains in the cupboard. "That you, you have an instant meal and all you have to do is just chuck a bit of veg in."

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
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