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US could be next coronavirus epicentre, as global recession looms

Updated : March 25, 2020 01:09 PM IST

"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.
Over the previous 24 hours, 85 percent of new cases were in Europe and the United States, and of those, 40 percent were in the United States. As of Monday, the virus had infected more than 42,000 people there, killing at least 559.
Asked whether the United States could become the new epicentre, Harris said: "We are now seeing a very large acceleration in cases in the US So it does have that potential."
US could be next coronavirus epicentre, as global recession looms

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