People are tested for coronavirus in their vehicles in Phoenix's western neighbourhood of Maryvale by volunteers of Equality Health Foundation, which focuses on care in underserved communities, on June 27, 2020. AP
People are tested for coronavirus in their vehicles in Phoenix's western neighbourhood of Maryvale by volunteers of Equality Health Foundation, which focuses on care in underserved communities, on June 27, 2020. AP
People are tested for coronavirus in their vehicles in Phoenix's western neighbourhood of Maryvale by volunteers of Equality Health Foundation, which focuses on care in underserved communities, on June 27, 2020. AP
People are tested for coronavirus in their vehicles in Phoenix's western neighbourhood of Maryvale by volunteers of Equality Health Foundation, which focuses on care in underserved communities, on Jun

US coronavirus cases rise by 47,000 in biggest one-day jump


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New US Covid-19 cases rose by more than 47,000 on Tuesday according to official figures, the biggest one-day jump since the start of the pandemic, as the government's top infectious disease expert warned the numbers could soon double.

California, Texas and Arizona have emerged as new centers of the pandemic in the United States, reporting record increases in Covid-19 cases.

The surge came on the same day that Dr Anthony Fauci, head of the National Institute of Allergy and Infectious Diseases, told a US Senate committee: "I am very concerned because it could get very bad."

Mr Fauci said the daily increase in new cases could reach 100,000 unless a nationwide push was made to tamp down the resurgent virus.

"We can't just focus on those areas that are having the surge. It puts the entire country at risk," he said.

The country recorded 1,199 fatalities from the coronavirus over the past 24 hours, as the country's death toll began to climb again, the Johns Hopkins University tally showed.

The number of daily deaths had not exceeded 1,000 since June 10.

The country has suffered 127,322 deaths overall, according to the Baltimore-based institution as of Wednesday morning.

Following increased death tolls and case numbers, many US states, particularly in the south and west, have had to pause their reopening processes.

On Tuesday, the state of Texas broke its daily record, reporting 6,975 new cases of Covid-19.

Meanwhile, in California, more than a thousand inmates have tested positive for coronavirus in the state's oldest prison, San Quentin, according to local authorities.

Democratic presidential candidate Joe Biden announced he will not hold rallies during the outbreak, a move that is in stark contrast with President Donald Trump, who has already held large campaign gatherings.

The 77-year-old former vice president delivered a blistering critique of his November opponent's handling of the virus, saying the Republican president had "failed" the country.

"This is the most unusual campaign I think in modern history," Mr Biden said. "I'm going to follow the doc's orders - not just for me but for the country - and that means that I am not going to be holding rallies."

In Brussels, the EU finalised the list of countries whose health situation was deemed safe enough to allow residents to enter the bloc starting on Wednesday.

Notably excluded were Russia and Brazil, as well as the United States, whose daily death toll passed 1,000 on Tuesday for the first time since June 10.

The countries that made it to the EU's list are Algeria, Australia, Canada, Japan, Georgia, Montenegro, Morocco, New Zealand, Rwanda, Serbia, South Korea, Thailand, Tunisia and Uruguay.

Travellers from China, where the virus first emerged late last year, will be allowed on the condition that Beijing reciprocates and opens the door to EU residents.

The specs

Engine: 1.6-litre 4-cyl turbo and dual electric motors

Power: 300hp at 6,000rpm

Torque: 520Nm at 1,500-3,000rpm

Transmission: 8-speed auto

Fuel consumption: 8.0L/100km

Price: from Dh199,900

On sale: now

The specs: 2018 Maserati GranTurismo/GranCabrio

Price, base Dh485,000 (GranTurismo) and Dh575,000 (GranCabrio)

Engine 4.7L V8

Transmission Six-speed automatic

Power 460hp @ 7,000rpm

Torque 520Nm @ 4,750rpm

Fuel economy, combined 14.3L (GranTurismo) and 14.5L (GranCabrio) / 100km

Virtual banks explained

What is a virtual bank?

The Hong Kong Monetary Authority defines it as a bank that delivers services through the internet or other electronic channels instead of physical branches. That means not only facilitating payments but accepting deposits and making loans, just like traditional ones. Other terms used interchangeably include digital or digital-only banks or neobanks. By contrast, so-called digital wallets or e-wallets such as Apple Pay, PayPal or Google Pay usually serve as intermediaries between a consumer’s traditional account or credit card and a merchant, usually via a smartphone or computer.

What’s the draw in Asia?

Hundreds of millions of people under-served by traditional institutions, for one thing. In China, India and elsewhere, digital wallets such as Alipay, WeChat Pay and Paytm have already become ubiquitous, offering millions of people an easy way to store and spend their money via mobile phone. Indonesia, Vietnam and the Philippines are also among the world’s biggest under-banked countries; together they have almost half a billion people.

Is Hong Kong short of banks?

No, but the city is among the most cash-reliant major economies, leaving room for newcomers to disrupt the entrenched industry. Ant Financial, an Alibaba Group Holding affiliate that runs Alipay and MYBank, and Tencent Holdings, the company behind WeBank and WeChat Pay, are among the owners of the eight ventures licensed to create virtual banks in Hong Kong, with operations expected to start as early as the end of the year.