Biden outlines Covid-19 plan for US return to normal by July 4


Patrick deHahn
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US President Joe Biden, during his first national prime time address from the White House on Thursday night, marked the country's Covid-19 lockdown anniversary with updates about the next steps in fighting the pandemic.

"The only way to get our lives back, our economy back on track, is to beat the virus," he said.

Mr Biden used his speech to herald the $1.9 trillion relief bill he signed on Thursday and to order all states, tribes and US territories to make vaccines available to all adults by May 1 at the latest.

The Centres for Disease Control and Prevention said that as of March 11, 10.2 per cent of the adult population of the US had been fully vaccinated and that 19.3 per cent had received at least one dose.

Most of the people vaccinated thus far were those at the highest risk of severe illness or hospital admission for the disease. About 70 per cent of US adults over 65 had received their first shot, Mr Biden said.

He hopes his actions will bring the country "closer to normal" by July 4, the nation's independence day.

"We will begin to mark our independence from this virus," Mr Biden said. "July 4 with your loved ones is the goal."

To meet that goal, Mr Biden reiterated that there will be enough vaccines for all adults in the US by the end of May.

He announced that his administration will set up a federal website to help people find the nearest available vaccination point.

He also said the federally run mass vaccination centres will more than double in the coming weeks, with an additional 4,000 active duty troops to aid vaccination efforts.

The Centres for Disease Control will also continue to issue updated guidance on what fully vaccinated people can or can not do in their workplace and places of worship as well as with family and friends.

Thursday was the anniversary of the date the World Health Organisation formally declared the coronavirus a pandemic.

"A year ago, we were hit with a virus that was met with silence and spread unchecked," Mr Biden said in his speech, criticising his predecessor, former president Donald Trump. "Denials for days, weeks and months that led to more deaths, more infections, more stress and more loneliness."

As of Thursday, the US had recorded about 30 million coronavirus cases, a huge jump from a little more than 1,000 cases a year ago.

The nation also surpassed 530,000 deaths from Covid-19, according to Johns Hopkins University – the US leads the world in deaths from the disease.

The health crisis was brought into perspective for many Americans on March 11 last year as cities and states moved to enact stay-at-home orders, and schools and offices closed and shifted to remote work.

"While it was different for everyone, we all lost something," Mr Biden said, pointing to not only the loss of life but also the loss of things previously taken for granted, such as lifestyles, hugs and birthdays.

"Things we used to do that always filled us with joy became things we couldn't do and broke our hearts," he said.

The US is still feeling the repercussions of the widespread lockdowns and ensuing coronavirus-related restrictions that continue today while the economy reels from the effects of those measures.

Mr Biden earlier on Thursday signed his $1.9 trillion Covid relief bill into law, which will give financial support to states, businesses and pandemic-related efforts. It includes $1,400 stimulus cheques for most Americans.

He also addressed the rise in attacks against Asians and Asian Americans in the country, which are being fuelled by racism linked to the virus's origins in China.

Mr Trump regularly called the disease the "China virus".

"Vicious hate crimes against Asian Americans, who have been attacked, harassed, blamed and scapegoated ... it's wrong, it's un-American and it must stop," Mr Biden said.

Mr Biden ended the speech with messages of unity tinged with caution.

The US continues to record about 60,000 new infections each day, along with the rise of more transmissible variants. He emphasised the need to keep practising Covid precautions and said that restrictions could be reinstated.

“There is hope and light and better days ahead. If we all do our part, this country will be vaccinated soon.”

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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(Interscope)

2020 Oscars winners: in numbers
  • Parasite – 4
  • 1917– 3
  • Ford v Ferrari – 2
  • Joker – 2
  • Once Upon a Time ... in Hollywood – 2
  • American Factory – 1
  • Bombshell – 1
  • Hair Love – 1
  • Jojo Rabbit – 1
  • Judy – 1
  • Little Women – 1
  • Learning to Skateboard in a Warzone (If You're a Girl) – 1
  • Marriage Story – 1
  • Rocketman – 1
  • The Neighbors' Window – 1
  • Toy Story 4 – 1
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German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

Terror attacks in Paris, November 13, 2015

- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France

Winners

Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)

Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)

Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)

Best Young Women’s Player
Vicky López (Barcelona / Spain)

Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)

Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)

Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)

Women’s Coach of the Year
Sarina Wiegman (England)

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Key products and UAE prices

iPhone XS
With a 5.8-inch screen, it will be an advance version of the iPhone X. It will be dual sim and comes with better battery life, a faster processor and better camera. A new gold colour will be available.
Price: Dh4,229

iPhone XS Max
It is expected to be a grander version of the iPhone X with a 6.5-inch screen; an inch bigger than the screen of the iPhone 8 Plus.
Price: Dh4,649

iPhone XR
A low-cost version of the iPhone X with a 6.1-inch screen, it is expected to attract mass attention. According to industry experts, it is likely to have aluminium edges instead of stainless steel.
Price: Dh3,179

Apple Watch Series 4
More comprehensive health device with edge-to-edge displays that are more than 30 per cent bigger than displays on current models.

Tightening the screw on rogue recruiters

The UAE overhauled the procedure to recruit housemaids and domestic workers with a law in 2017 to protect low-income labour from being exploited.

 Only recruitment companies authorised by the government are permitted as part of Tadbeer, a network of labour ministry-regulated centres.

A contract must be drawn up for domestic workers, the wages and job offer clearly stating the nature of work.

The contract stating the wages, work entailed and accommodation must be sent to the employee in their home country before they depart for the UAE.

The contract will be signed by the employer and employee when the domestic worker arrives in the UAE.

Only recruitment agencies registered with the ministry can undertake recruitment and employment applications for domestic workers.

Penalties for illegal recruitment in the UAE include fines of up to Dh100,000 and imprisonment

But agents not authorised by the government sidestep the law by illegally getting women into the country on visit visas.