US Could be Next ‘Virus Epicenter’ As India Locks Down, Global Recession Looms

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A lone person walks in the rain in a mostly deserted Times Square following the outbreak of Coronavirus disease (COVID-19), in the Manhattan borough of New York City, New York, on March 23, 2020. — Reuters

GENEVA/NEW DELHI (Reuters) — The United States could become the global epicenter of the coronavirus pandemic, the World Health Organization said on Tuesday, as India announced a full 24-hour, nationwide lockdown in the world’s second-most populous country.

India joined the ranks of Britain and other countries clamping down to hold back the virus as business activity collapsed from Japan to the United States at a record pace in March.

The highly contagious coronavirus has caused entire regions to be placed on lockdown. In some places soldiers are patrolling the streets to keep consumers and workers indoors, halting services and production and breaking supply chains.

“The global health crisis is rapidly morphing into a global recession, as there is a clear tension between preventing infections and ruining the economy,” said Edoardo Campanella, an economist at UniCredit Bank in Milan.

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