California on Tuesday is holding a high-stakes recall election against Governor Gavin Newsom, in what could trigger the biggest shake-up in the state's politics since Arnold Schwarzenegger came to office in 2003.
Because of a successful, Republican-led petition in 2020, voters will say "yes" or "no" as to whether they want to force out Mr Newsom, a Democrat.
The ballot has drawn criticism for its $276 million price tag as California grapples with myriad costly challenges including the pandemic, a historic drought and deadly wildfires.
"The recall is a farce. It’s a waste of valuable time, resources and taxpayer money," Julia Smith, a Democratic political operative, told The National. "California has real problems."
In a Democratic-led state, the Republican recall petition mentioned frustration over Mr Newsom's pro-immigration policies, water cuts and rising homelessness. It garnered some signatures, but took off when organisers added complaints about the governor's handling of the coronavirus pandemic.
According to a compilation of polls by FiveThirtyEight on Friday, at least 55 per cent of California voters are set to support keeping Mr Newsom in office.
“California, let us send a message to the world that these are the things we stand for, these are the things we fight for, and we will not give up," Vice President Kamala Harris, also a former California senator, said on a campaign speech Mr Newsom on September 8.
Mr Newsom has also drew support from current President Joe Biden, former Secretary of State John Kerry and former President Barack Obama, among other Democrat leaders. Mr Biden is due in California on Monday to rally for the governor.
A second question on the ballot features dozens of candidates—from young Democratic financial advice YouTuber Kevin Paffrath to former Olympic athlete Caitlyn Jenner—to replace Mr Newsom if more than 50 per cent of voters say "yes" to a recall.
Republican talk show host, Larry Elder, has been leading the race in a gubernatorial replacement. He is holding at 26 per cent in the polls curated by FiveThirtyEight.
"Elder does not come from a traditional political background, but like Schwarzenegger and former Gov Ronald Reagan, he understands the core challenges that California faces and has a knack for explaining issues in a way that can resonate with the general public," an editorial by the Orange County Register read.
Mr Schwarzenegger, a Republican, won a 2003 recall election against then Governor Gray Davis, a Democrat.
Mr Elder has expressed interest in job growth over addressing climate change and removing the state's mask mandate. He is also against abortion and Covid-19 vaccine requirements.
The spectre of another state leader being stripped of office has infuriated some in California.
"Short of breaking the law or doing something ethically or morally egregious, public servants should be allowed to finish their terms. We have elections for a reason," Steve LaBate, who is a small business owner in Los Angeles, told The National.
"These recalls should never have been allowed to happen while the Democrats have a super majority in the state legislature," he continued, warning the Republicans' successful petition against Mr Newsom has potential to influence ongoing and future recall efforts.
"The standard is too low, and the state constitution needs to be amended immediately. It’s becoming an electoral strategy for Republicans in a state where they otherwise almost never win."
Much is at stake as California juggles its many crises, and the election complicates efforts to address them.
The state is seeing a resurgence of Covid cases spurred from the Delta variant, making a wave worse than its first surge, while historic wildfires continue to spread amid a drought.
California was the first state in the US to go into lockdown, with Mr Newsom enacting some of the toughest coronavirus restrictions for longer than many other states in the country.
Many residents were upset by mandatory mask mandates, local fines for non-compliance, and the closures of state beaches and parks though those were determined by local municipalities, not Mr Newsom.
According to data obtained by Politico, the Republican-led recall petition didn't take off until anger brewed over how Mr Newsom attended an indoor party maskless at a popular restaurant called French Laundry in November. Signatures also gained steam when he initiated a new stay-at-home order in December.
With restrictions loosened in January, Los Angeles County, the largest county in the US, saw a drastic spike in Covid-19 cases and became a national epicentre for the country's outbreak at the time.
A gubernatorial turnover could thwart the state's ambitious plans to tackle climate change and work to address the pandemic.
"Gov Newsom should be able to dedicate the full resources of his administration to helping Californians weather these crises," Ms Smith told The National.
"Instead, he’s been forced to focus on fending off an anti-democratic attempt by Republicans to slip into government by taking advantage of low turnout while working people are distracted by the very real and ongoing threats to their lives and livelihoods posed by Covid-19 and climate change."
California has the largest delegation in the US House of Representatives with 53 members; 42 are Democrats and are 11 Republicans, including both the Republican House Minority Leader Kevin McCarthy and Democratic House Speaker Nancy Pelosi. It boasts the largest economy in the nation and if were recognised as a sovereign nation would rank fifth in the world.
UAE currency: the story behind the money in your pockets
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
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
Other workplace saving schemes
- The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
- Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
- National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
- In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
- Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
Dust and sand storms compared
Sand storm
- Particle size: Larger, heavier sand grains
- Visibility: Often dramatic with thick "walls" of sand
- Duration: Short-lived, typically localised
- Travel distance: Limited
- Source: Open desert areas with strong winds
Dust storm
- Particle size: Much finer, lightweight particles
- Visibility: Hazy skies but less intense
- Duration: Can linger for days
- Travel distance: Long-range, up to thousands of kilometres
- Source: Can be carried from distant regions
Herc's Adventures
Developer: Big Ape Productions
Publisher: LucasArts
Console: PlayStation 1 & 5, Sega Saturn
Rating: 4/5
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
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
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
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)
EMILY%20IN%20PARIS%3A%20SEASON%203
%3Cp%3ECreated%20by%3A%20Darren%20Star%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Lily%20Collins%2C%20Philippine%20Leroy-Beaulieu%2C%20Ashley%20Park%3C%2Fp%3E%0A%3Cp%3ERating%3A%202.75%2F5%3C%2Fp%3E%0A
THE LIGHT
Director: Tom Tykwer
Starring: Tala Al Deen, Nicolette Krebitz, Lars Eidinger
Rating: 3/5
Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
- Option 3: 30% across five years
COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Haltia.ai%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202023%0D%3Cbr%3E%3Cstrong%3ECo-founders%3A%3C%2Fstrong%3E%20Arto%20Bendiken%20and%20Talal%20Thabet%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20AI%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2041%0D%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20About%20%241.7%20million%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self%2C%20family%20and%20friends%26nbsp%3B%3C%2Fp%3E%0A