A health worker administers a Covid-19 test at United Memorial Medical Center testing site in Houston, Texas, on June 25, 2020. AFP
A health worker administers a Covid-19 test at United Memorial Medical Center testing site in Houston, Texas, on June 25, 2020. AFP
A health worker administers a Covid-19 test at United Memorial Medical Center testing site in Houston, Texas, on June 25, 2020. AFP
A health worker administers a Covid-19 test at United Memorial Medical Center testing site in Houston, Texas, on June 25, 2020. AFP

Coronavirus: as many as 20 million Americans may have been infected


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Health officials estimate that 20 million Americans have been infected with the coronavirus since it first arrived in the United States, meaning that the vast majority of the population remains susceptible.

The figure is roughly 10 times more than the 2.3 million cases that have been confirmed. Officials have long known that millions of people were infected without knowing it and that many cases are being missed because of gaps in testing.

The news comes as the Trump administration works to allay nationwide concern about the Covid-19 pandemic despite a worrisome increase in cases in about a dozen states.

The administration is also looking to put its scientific experts before the public more to address anxiety about the pandemic while states begin reopening. Since mid-May, when the government began stressing the need to get the economy moving again, the panel’s public health experts have been far less visible than in the pandemic's early weeks.

Twenty million infections means that about 6 per cent of the 331 million people in the US have been infected.

"It’s clear that many individuals in this nation are still susceptible,” Dr Robert Redfield, director of the Centres for Disease Control and Prevention, said told reporters Thursday. “Our best estimate right now is that for every case that was reported, there actually are 10 more infections.”

Previously, CDC officials and the nation’s top infectious-disease expert, Dr Anthony Fauci, have said that as many as 25 per cent of infected people might not have symptoms.

“There’s an enormous number of people that are still vulnerable,” said Dr Joshua Sharfstein, vice dean at the Johns Hopkins Bloomberg School of Public Health. "It still remains a potentially lethal disease. It’s a roll of the dice for everybody who gets the illness. Also, you’re rolling the dice for other people who you may give the virus to.”

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Coronavirus around the world

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The new estimate is based on CDC studies of blood samples collected nationwide – some by the CDC and others from blood donations and other sources. Many infections were not caught in early testing, when supplies were limited and federal officials prioritised testing for those with symptoms.

Administration officials are pointing to the new data to allay public anxieties, claiming that while there have been significant spikes, they have the outbreaks well in hand. They maintained they were not trying to minimise a public health crisis, but said the nation is in a markedly different place with the virus now than when the US last saw similar infection numbers in mid-April, when testing infrastructure was weaker.

“This is still serious,” Dr Redfield said. “But I’m asking people to recognise that we’re in a different situation today than we were in March or April”, with more cases today in younger people who are not as likely to develop serious illness or die from infection, he said.

President Donald Trump, who refuses to wear a face mask in public, has tried to play down the risk. He told a crowd in Wisconsin on Thursday that the administration had done an “incredible job” fighting the virus and added that “if we didn't test, we wouldn't have cases", which ignores other indicators of the extent of the problem such as surging hospitalisations in some areas.

Dr Redfield said infection prevalence rates ranged from 1 per cent in some areas of the West Coast to much higher in New York City.

Several independent experts said the methods and locations of sampling are key to interpreting the numbers.

Dr Thomas Tsai, a Harvard University health policy researcher, said 20 million seems reasonable, but “most of these estimates exist in a range” and it is important to know how wide that is.

“It’s hard to interpret this just from a single number and without the context for it”, such as what locations were sampled and whether it was truly a random slice of a population or areas of low or high prevalence, which can skew the results.

Justin Lessler, a researcher at Johns Hopkins Bloomberg School of Public Health, said 20 million infected "is about what you’d expect based on the case fatality rate” and the number of deaths that have occurred so far in the US.

Despite the phaseout of daily White House coronavirus briefings, the administration has been closely monitoring data on the spread of Covid-19 and has been deploying teams from the CDC to identify and stem outbreaks around the country.

A dozen states in recent weeks have seen a worrisome uptick in new cases, as well as in the more critical measure of the percentage of positive cases discovered in tests performed. Seven states have seen more than 10 per cent of tests come back positive. Spikes in southern states have dominated news coverage in recent days, to the consternation of Trump administration officials.

They point instead to more nuanced county-level data, which shows positivity rates exceeding 10 per cent in just 3 per cent of the nation’s counties. Yet they acknowledge that some of the areas with the highest transmission rates are generally the most populous, suggesting tens of millions of Americans could be living in areas with spiking infections.

As states reopen, the administration says it is up to governors and local officials to determine how to respond to the spikes. Texas Governor Greg Abbott, for example, put a hold on any further steps to reopen and reimposed a ban on elective surgeries in some areas to preserve hospital space after the number of patients statewide more than doubled in two weeks.

The CDC teams, officials said, are working to trace new outbreaks and reinforce protective measures such as social distancing and mask wearing in hard-hit areas and to remind vulnerable populations to take extreme precautions. The administration says those efforts have helped slow new infections in North Carolina and Alabama, where they were implemented earlier this month.

One of the hard-hit areas is Phoenix, where Mr Trump held an event on Tuesday with thousands of young attendees, nearly all of whom were maskless.

The officials say the nature of the outbreak now is different than months ago, when deaths topped more than 1,000 per day for weeks and hospitals were stretched beyond capacity across the country. The new increase in positive cases, they said, is capturing what has long been there. They say it is only now showing up in data because the US has increased testing and surveillance.

Meanwhile, mortality data has steadily declined, as have hospitalisations in all but a few hot spots.

To the administration officials, that reinforces their hypothesis that millions unknowingly had the virus earlier this year. Through early May, federal guidelines prioritised testing for symptomatic people, those exposed to a positive case and those in high-risk environments.

With testing far more widespread now, officials believe 50 per cent of new cases in Florida and Texas are among people aged 35 or younger, and most of them are asymptomatic.

The US is testing about 500,000 people per day. On a per capita basis, the US rate falls behind several other countries, including Spain, Australia, Russia and Iceland, according to figures from Johns Hopkins University.

There is no scientific consensus on the rate of testing needed to control the virus. But many experts say the US should be testing roughly 1 million to 3 million people daily to catch new cases and prevent flare-ups. Administration officials said they expect to be able to run 20 million to 40 million tests per month beginning this autumn.

Testing is constrained by laboratory supplies needed to run the tests but also lack of demand for tests in some areas.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

UAE players with central contracts

Rohan Mustafa, Ashfaq Ahmed, Chirag Suri, Rameez Shahzad, Shaiman Anwar, Adnan Mufti, Mohammed Usman, Ghulam Shabbir, Ahmed Raza, Qadeer Ahmed, Amir Hayat, Mohammed Naveed and Imran Haider.

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The specs: 2018 Mazda CX-5

Price, base / as tested: Dh89,000 / Dh130,000
Engine: 2.5-litre four-cylinder
Power: 188hp @ 6,000rpm
Torque: 251Nm @ 4,000rpm
Transmission: Six-speed automatic
​​​​​​​Fuel consumption, combined: 7.1L / 100km

The specs

Price: From Dh529,000

Engine: 5-litre V8

Transmission: Eight-speed auto

Power: 520hp

Torque: 625Nm

Fuel economy, combined: 12.8L/100km

McLaren GT specs

Engine: 4-litre twin-turbo V8

Transmission: seven-speed

Power: 620bhp

Torque: 630Nm

Price: Dh875,000

On sale: now

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%3Cp%3E%3Cstrong%3EAuthor%3A%20%3C%2Fstrong%3EKenneth%20W%20Harl%3Cstrong%3E%3Cbr%3EPublisher%3A%20%3C%2Fstrong%3EHanover%20Square%20Press%3Cstrong%3E%3Cbr%3EPages%3A%20%3C%2Fstrong%3E576%3C%2Fp%3E%0A
UEFA CHAMPIONS LEAGUE FIXTURES

All kick-off times 10.45pm UAE ( 4 GMT) unless stated

Tuesday
Sevilla v Maribor
Spartak Moscow v Liverpool
Manchester City v Shakhtar Donetsk
Napoli v Feyenoord
Besiktas v RB Leipzig
Monaco v Porto
Apoel Nicosia v Tottenham Hotspur
Borussia Dortmund v Real Madrid

Wednesday
Basel v Benfica
CSKA Moscow Manchester United
Paris Saint-Germain v Bayern Munich
Anderlecht v Celtic
Qarabag v Roma (8pm)
Atletico Madrid v Chelsea
Juventus v Olympiakos
Sporting Lisbon v Barcelona

While you're here
Results:

6.30pm: Handicap | US$135,000 (Dirt) | 1,400 metres

Winner: Rodaini, Connor Beasley (jockey), Ahmad bin Harmash (trainer)

7.05pm: Handicap | $135,000 (Turf) | 1,200m

Winner: Ekhtiyaar, Jim Crowley, Doug Watson

7.40pm: Dubai Millennium Stakes | Group 3 | $200,000 (T) | 2,000m

Winner: Spotify, James Doyle, Charlie Appleby

8.15pm: UAE Oakes | Group 3 | $250,000 (D) | 1,900m

Winner: Divine Image, William Buick, Charlie Appleby

8.50pm: Zabeel Mile | Group 2 | $250,000 (T) | 1,600m

Winner: Mythical Image, William Buick, Charlie Appleby

9.20pm: Handicap | $135,000 (T) | 1,600m

Winner: Major Partnership, Kevin Stott, Saeed bin Suroor

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

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

COMPANY PROFILE

Name: Rain Management

Year started: 2017

Based: Bahrain

Employees: 100-120

Amount raised: $2.5m from BitMex Ventures and Blockwater. Another $6m raised from MEVP, Coinbase, Vision Ventures, CMT, Jimco and DIFC Fintech Fund

The specs

Engine: 2.0-litre 4-cyl turbo

Power: 247hp at 6,500rpm

Torque: 370Nm from 1,500-3,500rpm

Transmission: 10-speed auto

Fuel consumption: 7.8L/100km

Price: from Dh94,900

On sale: now

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

Anxiety and work stress major factors

Anxiety, work stress and social isolation are all factors in the recogised rise in mental health problems.

A study UAE Ministry of Health researchers published in the summer also cited struggles with weight and illnesses as major contributors.

Its authors analysed a dozen separate UAE studies between 2007 and 2017. Prevalence was often higher in university students, women and in people on low incomes.

One showed 28 per cent of female students at a Dubai university reported symptoms linked to depression. Another in Al Ain found 22.2 per cent of students had depressive symptoms - five times the global average.

It said the country has made strides to address mental health problems but said: “Our review highlights the overall prevalence of depressive symptoms and depression, which may long have been overlooked."

Prof Samir Al Adawi, of the department of behavioural medicine at Sultan Qaboos University in Oman, who was not involved in the study but is a recognised expert in the Gulf, said how mental health is discussed varies significantly between cultures and nationalities.

“The problem we have in the Gulf is the cross-cultural differences and how people articulate emotional distress," said Prof Al Adawi. 

“Someone will say that I have physical complaints rather than emotional complaints. This is the major problem with any discussion around depression."

Daniel Bardsley

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