A healthcare professional suits up with PPE at Van Wert County Hospital in Van Wert, Ohio, November 20, 2020. AFP
A healthcare professional suits up with PPE at Van Wert County Hospital in Van Wert, Ohio, November 20, 2020. AFP
A healthcare professional suits up with PPE at Van Wert County Hospital in Van Wert, Ohio, November 20, 2020. AFP
A healthcare professional suits up with PPE at Van Wert County Hospital in Van Wert, Ohio, November 20, 2020. AFP

US Covid vaccine chief expects 100 million immunisations by March


Joyce Karam
  • English
  • Arabic

The US reported a record of more than 200,000 new coronavirus cases for Wednesday, as the country’s vaccine chief Moncef Slaoui predicted that 100 million Americans could be vaccinated by the end of February.

There was also a record for Covid-19 hospital admissions across the country, topping 100,000 for the first time, The Washington Post reported.

This came as the head of the Centres for Disease Control and Prevention, Dr Robert Redfield, predicted a dire winter ahead and advised Americans to avoid holiday travel.

“The reality is, December and January and February are going to be rough times,” Dr Redfield told the Chamber of Commerce Foundation.

Calling it “the most difficult time in the public health history of this nation”, he said the death toll “could be close to 450,000 Americans” by February.

“We’re in that range potentially now, starting to see 1,500 to 2,000 to 2,500 deaths a day from this virus,” Dr Redfield said.

The Johns Hopkins University Coronavirus Resource Centre put the Covid-19 death toll at 272,850 in the US on Wednesday, after the country on Tuesday registered its second highest single-day mortality figure of 2,597 deaths.

Hospitals across the US are stretched thin, caring for more than 98,600 patients with the virus, the university’s Covid tracking project said.

But Mr Slaoui, the top scientist advising the Trump administration, said he expected the Food and Drug Administration to approve at least one vaccine by the end of next week.

"We will have potentially immunised 100 million people [by March], which is really more or less the size of the significant at-risk population – the elderly, the healthcare workers, the first-line workers, people with co-morbidities," he said.

"I hope by the 10th or 11th of December, the Pfizer vaccine will be approved,” Mr Slaoui told ABC.

The Pfizer vaccine was approved in the UK on Wednesday.

“I would expect the FDA to reach a similar conclusion," he said. "The UK agency is a very, very high-level type of agency, comparable to the FDA in terms of its assessment."

  • A medical staff member checks on a patient's intravenous drip device in the Covid-19 intensive care unit at the United Memorial Medical Center in Houston, Texas, USA. AFP
    A medical staff member checks on a patient's intravenous drip device in the Covid-19 intensive care unit at the United Memorial Medical Center in Houston, Texas, USA. AFP
  • Patient Care Technician Fanta Keita treats a Covid-19 positive patient as she lays on an emergency room bed at Roseland Community Hospital on the South Side of Chicago, Illinois, USA. Reuters
    Patient Care Technician Fanta Keita treats a Covid-19 positive patient as she lays on an emergency room bed at Roseland Community Hospital on the South Side of Chicago, Illinois, USA. Reuters
  • Medical personnel from the Ministry of Health of Panama performs a nasal swab tests to detect Covid-19 disease at a medical post in the district of San Miguelito in Panama City, Panama. EPA
    Medical personnel from the Ministry of Health of Panama performs a nasal swab tests to detect Covid-19 disease at a medical post in the district of San Miguelito in Panama City, Panama. EPA
  • PCR coronavirus tests are seen at a testing site in Malibu, California, USA. Reuters
    PCR coronavirus tests are seen at a testing site in Malibu, California, USA. Reuters
  • A customer walks out of a Walgreen's pharmacy store in Seattle, Washington, USA. AP Photo
    A customer walks out of a Walgreen's pharmacy store in Seattle, Washington, USA. AP Photo
  • A USC research team member walks with a family after recruiting them to participate in a rapid antigen testing program at a walk-up Covid-19 testing site in San Fernando, California. AFP
    A USC research team member walks with a family after recruiting them to participate in a rapid antigen testing program at a walk-up Covid-19 testing site in San Fernando, California. AFP
  • A fan has their temperature checked outside the stadium in New Meadow, Shrewsbury, Britain. Reuters
    A fan has their temperature checked outside the stadium in New Meadow, Shrewsbury, Britain. Reuters
  • Parents place candles during a special service to wish for their children's success in the college entrance exams at the Jogyesa Buddhist temple in Seoul, South Korea. AP Photo
    Parents place candles during a special service to wish for their children's success in the college entrance exams at the Jogyesa Buddhist temple in Seoul, South Korea. AP Photo
  • A boy looks out the window of a school bus in the Brooklyn borough of New York City. Reuters
    A boy looks out the window of a school bus in the Brooklyn borough of New York City. Reuters
  • Students practice Covid-19 greetings during a health protocol class in Banda Aceh, Indonesia. EPA
    Students practice Covid-19 greetings during a health protocol class in Banda Aceh, Indonesia. EPA
  • People dine outdoors in Pasadena, California. AFP
    People dine outdoors in Pasadena, California. AFP
  • An employee carries empty cups at a cafe in Tokyo, Japan. AP Photo
    An employee carries empty cups at a cafe in Tokyo, Japan. AP Photo
  • A Palestinian woman works on Christmas-themed gifts in a handicraft workshop in the northern Gaza Strip. Reuters
    A Palestinian woman works on Christmas-themed gifts in a handicraft workshop in the northern Gaza Strip. Reuters
  • People wait for a subway train in Frankfurt, Germany. AP Photo
    People wait for a subway train in Frankfurt, Germany. AP Photo
  • People protest outside of the Mac's Public House after closed it down amid the Covid-19 pandemic in the Staten Island borough of New York City. Reuters
    People protest outside of the Mac's Public House after closed it down amid the Covid-19 pandemic in the Staten Island borough of New York City. Reuters
  • A street vendor sells colored balloons at Beirut's seaside corniche along the Mediterranean Sea, in Beirut, Lebanon. AP Photo
    A street vendor sells colored balloons at Beirut's seaside corniche along the Mediterranean Sea, in Beirut, Lebanon. AP Photo
  • Cars are lined up at Dodger Stadium for Covid-19 testing as dusk falls over downtown in Los Angeles, California. AFP
    Cars are lined up at Dodger Stadium for Covid-19 testing as dusk falls over downtown in Los Angeles, California. AFP

The Written World: How Literature Shaped History
Martin Puchner
Granta

The alternatives

• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.

• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.

• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.

2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.

• PayPal is probably the best-known online goods payment method - usually used for eBay purchases -  but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.

How to help

Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200

The Uefa Awards winners

Uefa Men's Player of the Year: Virgil van Dijk (Liverpool)

Uefa Women's Player of the Year: Lucy Bronze (Lyon)

Best players of the 2018/19 Uefa Champions League

Goalkeeper: Alisson (Liverpool)

Defender: Virgil van Dijk (Liverpool)

Midfielder: Frenkie de Jong (Ajax)

Forward: Lionel Messi (Barcelona)

Uefa President's Award: Eric Cantona

A State of Passion

Directors: Carol Mansour and Muna Khalidi

Stars: Dr Ghassan Abu-Sittah

Rating: 4/5

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

While you're here ...

Damien McElroy: What happens to Brexit?

Con Coughlin: Could the virus break the EU?

Andrea Matteo Fontana: Europe to emerge stronger

SPECS

Mini John Cooper Works Clubman and Mini John Cooper Works Countryman

Engine: two-litre 4-cylinder turbo

Transmission: nine-speed automatic

Power: 306hp

Torque: 450Nm

Price: JCW Clubman, Dh220,500; JCW Countryman, Dh225,500

Getting there
Flydubai flies direct from Dubai to Tbilisi from Dh1,025 return including taxes