For the third consecutive day, the US set a record for number of new coronavirus cases.
The new infections reported on Wednesday topped 50,000, with 40 states reporting increases, taking the US total to more than 2.7 million, with almost 129,000 deaths.
Severe outbreaks have emerged in Arizona, Texas, Florida and California.
In 20 states, more than 5 per cent of the tests conducted returned positive results.
A reluctance to wear masks, backed by US President Donald Trump, and flouting of social-distance rules is partly blamed for the new outbreak ravaging the southern and western states.
Executive orders have been announced in several states, including Texas and Kansas, to mandate face coverings in public.
“In the past few weeks, there has been a swift and substantial spike in coronavirus cases,” Texas Governor Greg Abbott said.
Florida reported more than 10,000 new cases for the first time on Thursday, six times higher than the daily count from less than a month ago.
The state also reported 67 deaths for the second time in a week and 325 patients admitted to hospital, one of the biggest 24-hour jumps in Florida yet.
“I’m discouraged because we didn’t act fast enough to shut things down and we could have done a much better job getting a handle on the virus,” said Megan Archer, 39.
Ms Archer, from West Palm, lost her job with a county parks department during the outbreak.
By the end of the month, potential Covid-19 vaccines will enter late-stage clinical studies, with others starting in August, September and October, the US government's top infectious diseases expert said on Thursday.
Moderna, the company at the forefront of the country's vaccine development attempts, said earlier in the day that a late-stage trial with 30,000 volunteers would begin this month.
"We may be able to at least know whether we are dealing with a safe and effective vaccine by the early winter, late winter or the beginning of 2021," Dr Anthony Fauci told Jama Network.
Meanwhile, US unemployment fell to 11 per cent in June as the economy added 4.8 million jobs, the government reported on Thursday.
But any recovery of the job market may already be faltering because of new closures and layoffs triggered by the resurgence of the coronavirus.
While the jobless rate was down from 13.3 per cent in May, it is still at a Depression-era level.
And the data was gathered during the second week of June, just before states began to reverse or suspend reopening their economies.
"This is a bit of a dated snapshot at this point,” said Jesse Edgerton, an economist at JPMorgan Chase.
Abaya trends
The utilitarian robe held dear by Arab women is undergoing a change that reveals it as an elegant and graceful garment available in a range of colours and fabrics, while retaining its traditional appeal.
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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
Read more about the coronavirus
Tearful appearance
Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday.
Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow.
She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.
A spokesman said her upset demeanour was due to a personal matter.
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
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
US tops drug cost charts
The study of 13 essential drugs showed costs in the United States were about 300 per cent higher than the global average, followed by Germany at 126 per cent and 122 per cent in the UAE.
Thailand, Kenya and Malaysia were rated as nations with the lowest costs, about 90 per cent cheaper.
In the case of insulin, diabetic patients in the US paid five and a half times the global average, while in the UAE the costs are about 50 per cent higher than the median price of branded and generic drugs.
Some of the costliest drugs worldwide include Lipitor for high cholesterol.
The study’s price index placed the US at an exorbitant 2,170 per cent higher for Lipitor than the average global price and the UAE at the eighth spot globally with costs 252 per cent higher.
High blood pressure medication Zestril was also more than 2,680 per cent higher in the US and the UAE price was 187 per cent higher than the global price.
'Laal Kaptaan'
Director: Navdeep Singh
Stars: Saif Ali Khan, Manav Vij, Deepak Dobriyal, Zoya Hussain
Rating: 2/5
What drives subscription retailing?
Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.
The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.
The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.
The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.
UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.
That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.
Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.
ELIO
Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett
Directors: Madeline Sharafian, Domee Shi, Adrian Molina
Rating: 4/5
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Business Insights
- As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses.
- SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income.
- Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
Killing of Qassem Suleimani
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UAE currency: the story behind the money in your pockets
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Going grey? A stylist's advice
If you’re going to go grey, a great style, well-cared for hair (in a sleek, classy style, like a bob), and a young spirit and attitude go a long way, says Maria Dowling, founder of the Maria Dowling Salon in Dubai.
It’s easier to go grey from a lighter colour, so you may want to do that first. And this is the time to try a shorter style, she advises. Then a stylist can introduce highlights, start lightening up the roots, and let it fade out. Once it’s entirely grey, a purple shampoo will prevent yellowing.
“Get professional help – there’s no other way to go around it,” she says. “And don’t just let it grow out because that looks really bad. Put effort into it: properly condition, straighten, get regular trims, make sure it’s glossy.”
