The World Health Organization is warning that new COVID-19 infections are rising everywhere except Europe, led by a breathtaking spread in India as well as Argentina, Turkey, Brazil and Japan. This chart of the latest surge in India–the world’s sixth-largest 
economy and second-most populous country (1.38 bn people, second only to China’s 1.43bn people)–is noteworthy. These trends are not currently priced into the rosy recovery projections of financial markets. See Global Virus Resurgence threatens Vigorous Growth Momentum:
Emerging and developing economies accounted for two thirds of global growth before the pandemic and around 86% of the world’s population. The World Bank told them just this week that they must prepare for the possibility of their recoveries losing steam.
The worsening Covid situation in India should matter to investors everywhere. @markets strategist Mark Cudmore explains pic.twitter.com/DmYVmy3Wui
— Bloomberg Quicktake (@Quicktake) April 21, 2021
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