• People pause at a newly painted George Floyd mural on a building near central Atlanta, Georgia, on June 11, 2020. EPA
    People pause at a newly painted George Floyd mural on a building near central Atlanta, Georgia, on June 11, 2020. EPA
  • Protesters and police face each other during a rally for George Floyd in Minneapolis on Tuesday, May 26, 2020. AP
    Protesters and police face each other during a rally for George Floyd in Minneapolis on Tuesday, May 26, 2020. AP
  • A row of police officers walk with the coffin of George Floyd, whose death in Minneapolis police custody sparked nationwide protests against racial inequality, before his burial at the Houston Memorial Gardens cemetery in Pearland, Texas, on June 9, 2020. Reuters
    A row of police officers walk with the coffin of George Floyd, whose death in Minneapolis police custody sparked nationwide protests against racial inequality, before his burial at the Houston Memorial Gardens cemetery in Pearland, Texas, on June 9, 2020. Reuters
  • Protesters march on Hiawatha Avenue against the killing of George Floyd in Minneapolis, Minnesota. Four Minneapolis police officers have been fired after a video posted on social media showed Floyd's neck being pinned to the ground by an officer as he said, 'I cant breathe'. AFP
    Protesters march on Hiawatha Avenue against the killing of George Floyd in Minneapolis, Minnesota. Four Minneapolis police officers have been fired after a video posted on social media showed Floyd's neck being pinned to the ground by an officer as he said, 'I cant breathe'. AFP
  • A firework explodes by a police line as demonstrators gather to protest against the death of George Floyd, on Saturday, May 30, 2020, near the White House in Washington. Floyd died after being restrained by Minneapolis police officers. AP Photo
    A firework explodes by a police line as demonstrators gather to protest against the death of George Floyd, on Saturday, May 30, 2020, near the White House in Washington. Floyd died after being restrained by Minneapolis police officers. AP Photo
  • Medics tend to a man who was shot in the arm by a driver of a black vehicle at a protest against racial inequality following the death in Minneapolis police custody of George Floyd, in Seattle, Washington, on June 7, 2020. Reuters
    Medics tend to a man who was shot in the arm by a driver of a black vehicle at a protest against racial inequality following the death in Minneapolis police custody of George Floyd, in Seattle, Washington, on June 7, 2020. Reuters
  • Philonise Floyd, George Floyd's brother, holds his fist as he marches with fellow protesters near the White House against police brutality and racism, on June 10, 2020 in Washington DC. The brother of George Floyd, whose killing by police sparked worldwide protests against racism, made an emotional plea to the US Congress to pass reforms that reduce police brutality. AFP
    Philonise Floyd, George Floyd's brother, holds his fist as he marches with fellow protesters near the White House against police brutality and racism, on June 10, 2020 in Washington DC. The brother of George Floyd, whose killing by police sparked worldwide protests against racism, made an emotional plea to the US Congress to pass reforms that reduce police brutality. AFP
  • A broken Statue of Liberty figure is seen between glass shatters outside a looted souvenir shop after a night of protest over the death of African-American George Floyd in Minneapolis on June 2, 2020 in Manhattan in New York City. AFP
    A broken Statue of Liberty figure is seen between glass shatters outside a looted souvenir shop after a night of protest over the death of African-American George Floyd in Minneapolis on June 2, 2020 in Manhattan in New York City. AFP
  • Demonstrators scuffle with police officers as they try to march through Times Square during a protest against racial inequality in the aftermath of the death in Minneapolis police custody of George Floyd, in New York City, New York, on June 14, 2020. Reuters
    Demonstrators scuffle with police officers as they try to march through Times Square during a protest against racial inequality in the aftermath of the death in Minneapolis police custody of George Floyd, in New York City, New York, on June 14, 2020. Reuters
  • A demonstrator raises fist as a fire burns in the street after clashes with law enforcement shortly after midnight on June 8, 2020 in Seattle, Washington. Getty
    A demonstrator raises fist as a fire burns in the street after clashes with law enforcement shortly after midnight on June 8, 2020 in Seattle, Washington. Getty
  • An elderly man appears to be shoved by riot police in Buffalo, New York. Reuters
    An elderly man appears to be shoved by riot police in Buffalo, New York. Reuters
  • Protesters scuffle with members of the US Army as they demonstrate against the death of George Floyd, near the White House on June 3, 2020 in Washington, DC. AFP
    Protesters scuffle with members of the US Army as they demonstrate against the death of George Floyd, near the White House on June 3, 2020 in Washington, DC. AFP
  • Protesters on horseback march against the death in Minneapolis police custody of George Floyd, through downtown Houston, Texas, on June 2, 2020. Reuters
    Protesters on horseback march against the death in Minneapolis police custody of George Floyd, through downtown Houston, Texas, on June 2, 2020. Reuters
  • A tanker truck drives into thousands of protesters marching on 35W north-bound motorway during a protest against the death in Minneapolis police custody of George Floyd, in Minneapolis, Minnesota, on May 31, 2020. Reuters
    A tanker truck drives into thousands of protesters marching on 35W north-bound motorway during a protest against the death in Minneapolis police custody of George Floyd, in Minneapolis, Minnesota, on May 31, 2020. Reuters
  • Demonstrators jump on a damaged police vehicle in Los Angeles on May 30, 2020 during a protest against the death of George Floyd. AFP
    Demonstrators jump on a damaged police vehicle in Los Angeles on May 30, 2020 during a protest against the death of George Floyd. AFP
  • Demonstrators kneel before police on May 30, 2020, in Minneapolis. AP Photo
    Demonstrators kneel before police on May 30, 2020, in Minneapolis. AP Photo
  • Protesters gather under the rain near the spot where George Floyd died in the custody of the Minneapolis Police, in Minneapolis, Minnesota. AFP
    Protesters gather under the rain near the spot where George Floyd died in the custody of the Minneapolis Police, in Minneapolis, Minnesota. AFP
  • People, who gathered in protest against the death of George Floyd, march to the White House in Washington DC on June 2, 2020. EPA
    People, who gathered in protest against the death of George Floyd, march to the White House in Washington DC on June 2, 2020. EPA

US protests: Democrats block Republican police reform bill as too meagre


  • English
  • Arabic

A Republican bill to rein in police misconduct after George Floyd's death in Minneapolis one month ago failed to pass in the US Senate on Wednesday.

Democrats blocked the bill and dismissed it as meagre, signalling the collapse for now of a congressional response after African-American Floyd's death in police custody set off weeks of worldwide protests against brutality.

Senate majority leader Mitch McConnell, the chamber's top Republican, said he would schedule another vote if there were enough progress on settling Republican-Democratic differences.

The legislative fight over reform now moves to the House of Representatives, which plans to vote on a more sweeping Democratic bill on Thursday.

US President Donald Trump said he would not accept Democratic reforms and suggested the issue could end in stalemate.

"If nothing happens with it, it's one of those things," Mr Trump said. "We have different philosophies."

Floyd's death in Minneapolis on May 25, after a white police officer knelt on his neck for nearly nine minutes, stirred strong public sentiment against excessive force by police, especially against African Americans.

Civil rights leaders and activist groups, who called on the Senate to reject the Republican bill, have urged politicians for stronger measures.

The Republican and Democratic bills address similar issues: choke holds, permission to enter properties without notification, police body cameras and use of deadly force.

They also include training to ease confrontations with suspects and to encourage officers to intervene if colleagues go too far.

Democrats say the Republican bill relies on incentives to introduce reforms and seeks to collect data on issues such as warrants to enter without notification, rather than mandating changes.

Georgia

Three white men arrested last month after an African-American man was gunned down as he jogged through a suburban neighbourhood in Georgia four months ago were on Wednesday indicted on murder and other charges.

Video footage of the killing of Ahmaud Arbery, 25, emerged on social media and went viral in May, about 10 weeks after his death, stoking public outrage at the lack of arrests.

Days later, the two men confronting Arbery in the video – former police officer George McMichael, 64, and his son, Travis McMichael, 34 – were taken into custody and charged with murder.

William "Roddie" Bryan, 50, who videotaped the February 23 shooting, was later arrested and also charged with murder.

On Wednesday, a grand jury returned a nine-count indictment against all three men, charging each with malice murder, felony murder, aggravated assault and false imprisonment.

The three remain jailed without bond.

Wisconsin

The Wisconsin Governor on Wednesday activated the National Guard to protect state property after a night of violence that included the toppling of two statues outside the state Capitol.

One of the statues commemorated an abolitionist who died trying to end slavery during the Civil War.

Protesters also attacked a state senator, threw a Molotov cocktail into a government building and tried to break into the Capitol on Tuesday night.

They were repelled with pepper spray from police stationed inside.

The violence broke out as a group of between 200 and 300 people protested against the arrest of a black man who shouted at restaurant customers through a megaphone while carrying a baseball bat.

Governor Tony Evers, who toured the damage, said the violence was in “stark contrast” to earlier peaceful protests.

Mr Evers said he was activating the National Guard “to make sure people can exercise their First Amendment rights while ensuring the safety of members of the public and state buildings and infrastructure".

Hundreds of unarmed National Guard troops were also activated in Washington, where they are on standby to assist police in protecting historical monuments, US officials said on Wednesday.

Protesters earlier tried to tear down a statue of former President Andrew Jackson, a slave owner who systematically mistreated Native Americans, in a park near the White House.

Mr Trump on Wednesday warned protesters against attacking statues of prominent figures.

"Now they are looking at Jesus Christ, they are looking at George Washington, they are looking at Abraham Lincoln, Thomas Jefferson," he claimed, without evidence.

"Not going to happen. Not going to happen as long as I am here."

Mr Trump said that people damaging monuments could face 10 years in prison.

Dark Souls: Remastered
Developer: From Software (remaster by QLOC)
Publisher: Namco Bandai
Price: Dh199

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

Asia Cup Qualifier

Final
UAE v Hong Kong

Live on OSN Cricket HD. Coverage starts at 5.30am

Our legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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RESULTS

5pm: Handicap (PA) Dh80,000 (Turf) 2,200m
Winner: Jawal Al Reef, Fernando Jara (jockey), Ahmed Al Mehairbi (trainer)

5.30pm: Handicap (PA) Dh80,000 (T) 1,600m
Winner: AF Seven Skies, Bernardo Pinheiro, Qais Aboud

6pm: Maiden (PA) Dh80,000 (T) 1,200m
Winner: Almahroosa, Fabrice Veron, Eric Lemartinel

6.30pm: Maiden (PA) Dh80,000 (T) 1,200m
Winner: AF Sumoud, Tadhg O’Shea, Ernst Oertel

7pm: Wathba Stallions Cup Handicap (PA) Dh70,000 (T) 1,200m
Winner: AF Majalis, Tadhg O’Shea, Ernst Oertel

7.30pm: Handicap (TB) Dh90,000 (T) 1,400m
Winner: Adventurous, Sandro Paiva, Ali Rashid Al Raihe

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

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Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching