About one in five Americans say they lost a relative or close friend to the coronavirus, as the country yearns for a return to normality a year into the pandemic.
The public’s worry about the virus has dropped to its lowest point since autumn, before the holidays brought soaring case numbers into the new year.
But people still in mourning express frustration at the continued struggle to stay safe.
“We didn’t have a chance to grieve,” said Nettie Parks of Volusia County, Florida, whose only brother died of Covid-19 last April.
"It’s almost like it happened yesterday for us. It’s still fresh."
Ms Parks, 60, and her five sisters have yet to hold a memorial because of travel restrictions.
She said she retired from her customer service job last year in part because of worry about workplace exposure, and now she is watching with dread as more states and cities relax health rules.
Only about three in 10 Americans are very worried about themselves or a family member being infected with the virus, down from about four in 10 in recent months, a new poll from the AP-Norc Centre for Public Affairs Research shows.
But most are at least somewhat worried.
“They’re letting their guard down and they shouldn’t,” Ms Parks said. “People are going to have to realise this thing is not going anywhere. It’s not over.”
The toll of Covid-19 is staggering, with more than 527,000 dead in the US alone, and counting.
"We didn't have a chance to grieve. It's almost like it happened yesterday for us. It's still fresh."
“It’s hard to conceptualise the true danger if you don’t know it personally,” said Dr K Luan Phan, psychiatry chief at Ohio State University’s Wexner Medical Centre.
“That fear is most salient in [those who lost a loved one]. They’re going to be a lot more cautious as businesses reopen and as schools start back."
And without that first-hand experience, even people who heeded health officials’ pleas to stay masked and keep their distance are falling to pandemic fatigue because “fears tend to habituate", he said.
Communities of colour were hardest hit by the coronavirus.
The poll found about 30 per cent of African Americans, like Ms Parks, and Hispanics have a relative or close friend who died from the virus, compared with 15 per cent of white people.
That translates into differences in how worried people are about a virus that remains a serious threat until most of the country and the world is vaccinated.
Despite recent drops in cases, 43 per cent of black Americans and 39 per cent of Hispanics are very or extremely worried about themselves or a loved one developing Covid-19, compared to only 25 per cent of white people.
While vaccines offer hope for ending the scourge, the poll found about one in three Americans do not intend to have their shot.
The most reluctant are younger adults, people without college degrees and Republicans.
Those hardest hit are also having the most trouble getting vaccinated.
Sixteen per cent of black Americans and 15 per cent of Hispanics say they already have received at least one shot, compared to 26 per cent of white people. But most of each group want to be vaccinated.
Demand for vaccines outstrips supply, and about four in 10 people, especially older adults, say the sign-up process has been poor.
John Perez, a retired teacher and school administrator in Los Angeles, spent hours trying to apply online before giving up.
Then a friend found a drive-through vaccination site with openings.
“When I was driving there for the first shot, I was going through a tunnel of emotions,” said Mr Perez, 68. “I knew what a special moment it was.”
Overall, confidence in the vaccines is slowly strengthening.
The poll found 25 per cent of people in the US are not confident the vaccines were properly tested, down from 32 per cent who expected they would not be in December.
“We were a little sceptical when it was first coming out because it was so politicised,” said Bob Richard, 50, of Smithfield, Rhode Island.
But now, Mr Richard said his family was inclined to get the shots, if they could sort through the appointment system when it was their turn.
The poll found two thirds of Americans say their fellow citizens nationally have not taken the pandemic seriously enough.
“The conflict with people who don’t take it serious as I do, it’s disappointing,” said Wayne Denley, 73, of Alexandria in Louisiana.
Early on, Mr Denley and his wife started keeping a list of people they knew who had become sick. By November, they had counted nine deaths and dozens of infections.
He shared the list with people doubtful of the pandemic’s toll, yet he would still see acquaintances not wearing masks.
“I’m glad I wrote them down. It helped make it real for me,” Mr Denley said. “You sort of become numb to it.”
There are exceptionally wide partisan differences.
Sixty per cent of Democrats say their local communities fail to take the threat seriously enough, and 83 per cent say the country did not either.
Among Republicans, 31 per cent say their localities did not take the pandemic seriously enough, and 44 per cent said that of the whole country.
But another third of Republicans say the US overreacted.
The differences translate into behaviour. More than three quarters of Democrats say they always wear a mask around others compared to about half of Republicans.
And the divisions have Dr Phan worried.
“We’ve survived something that we should be grateful for having survived," he said.
"How do we repay or reciprocate that good fortune? The only way to do it is to be stronger in the year after the epidemic than before."
The specs
Engine: 2.0-litre 4-cyl, 48V hybrid
Transmission: eight-speed automatic
Power: 325bhp
Torque: 450Nm
Price: Dh359,000
On sale: now
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
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
Match info
Bournemouth 1 (King 45 1')
Arsenal 2 (Lerma 30' og, Aubameyang 67')
Man of the Match: Sead Kolasinac (Arsenal)
if you go
The biog
Favourite car: Ferrari
Likes the colour: Black
Best movie: Avatar
Academic qualifications: Bachelor’s degree in media production from the Higher Colleges of Technology and diploma in production from the New York Film Academy
Infiniti QX80 specs
Engine: twin-turbocharged 3.5-liter V6
Power: 450hp
Torque: 700Nm
Price: From Dh450,000, Autograph model from Dh510,000
Available: Now
Brief scores:
Scotland 371-5, 50 overs (C MacLeod 140 no, K Coetzer 58, G Munsey 55)
England 365 all out, 48.5 overs (J Bairstow 105, A Hales 52; M Watt 3-55)
Result: Scotland won by six runs
More on animal trafficking
The%20Killer
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The burning issue
The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
Read part four: an affection for classic cars lives on
Read part three: the age of the electric vehicle begins
Read part one: how cars came to the UAE
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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
How Tesla’s price correction has hit fund managers
Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.
It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.
The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.
Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.
Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.
He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.
AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”
A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.
Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.
Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.
Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.
By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.
Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.
In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”
Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.
She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.
Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.
At a glance
Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.
Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year
Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month
Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30
Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse
Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth
Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances
2025 Fifa Club World Cup groups
Group A: Palmeiras, Porto, Al Ahly, Inter Miami.
Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.
Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.
Group D: Flamengo, ES Tunis, Chelsea, (Leon banned).
Group E: River Plate, Urawa, Monterrey, Inter Milan.
Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.
Group G: Manchester City, Wydad, Al Ain, Juventus.
Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.
NYBL PROFILE
Company name: Nybl
Date started: November 2018
Founder: Noor Alnahhas, Michael LeTan, Hafsa Yazdni, Sufyaan Abdul Haseeb, Waleed Rifaat, Mohammed Shono
Based: Dubai, UAE
Sector: Software Technology / Artificial Intelligence
Initial investment: $500,000
Funding round: Series B (raising $5m)
Partners/Incubators: Dubai Future Accelerators Cohort 4, Dubai Future Accelerators Cohort 6, AI Venture Labs Cohort 1, Microsoft Scale-up
Top 10 in the F1 drivers' standings
1. Sebastian Vettel, Ferrari 202 points
2. Lewis Hamilton, Mercedes-GP 188
3. Valtteri Bottas, Mercedes-GP 169
4. Daniel Ricciardo, Red Bull Racing 117
5. Kimi Raikkonen, Ferrari 116
6. Max Verstappen, Red Bull Racing 67
7. Sergio Perez, Force India 56
8. Esteban Ocon, Force India 45
9. Carlos Sainz Jr, Toro Rosso 35
10. Nico Hulkenberg, Renault 26
One in four Americans don't plan to retire
Nearly a quarter of Americans say they never plan to retire, according to a poll that suggests a disconnection between individuals' retirement plans and the realities of ageing in the workforce.
Experts say illness, injury, layoffs and caregiving responsibilities often force older workers to leave their jobs sooner than they'd like.
According to the poll from The Associated Press-NORC Centre for Public Affairs Research, 23 per cent of workers, including nearly two in 10 of those over 50, don't expect to stop working. Roughly another quarter of Americans say they will continue working beyond their 65th birthday.
According to government data, about one in five people 65 and older was working or actively looking for a job in June. The study surveyed 1,423 adults in February this year.
For many, money has a lot to do with the decision to keep working.
"The average retirement age that we see in the data has gone up a little bit, but it hasn't gone up that much," says Anqi Chen, assistant director of savings research at the Centre for Retirement Research at Boston College. "So people have to live in retirement much longer, and they may not have enough assets to support themselves in retirement."
When asked how financially comfortable they feel about retirement, 14 per cent of Americans under the age of 50 and 29 per cent over 50 say they feel extremely or very prepared, according to the poll. About another four in 10 older adults say they do feel somewhat prepared, while just about one-third feel unprepared.
"One of the things about thinking about never retiring is that you didn't save a whole lot of money," says Ronni Bennett, 78, who was pushed out of her job as a New York City-based website editor at 63.
She searched for work in the immediate aftermath of her layoff, a process she describes as akin to "banging my head against a wall." Finding Manhattan too expensive without a steady stream of income, she eventually moved to Portland, Maine. A few years later, she moved again, to Lake Oswego, Oregon. "Sometimes I fantasise that if I win the lottery, I'd go back to New York," says Ms Bennett.
Meydan race card
6.30pm: Maiden Dh 165,000 1,600m
7.05pm: Handicap Dh 185,000 2,000m
7.40pm: Maiden Dh 165,000 1,600m
8.15pm: Handicap Dh 190,000 1,400m
8.50pm: Handicap Dh 175,000 1,600m
9.25pm: Handicap Dh 175,000 1,200m
10pm: Handicap Dh 165,000 1,600m