India plans to ramp up production of pharmaceutical ingredients and become an alternative supplier for global drugmakers hit by factory shutdowns in China due to the coronavirus outbreak.
Even as Asia slowly reopens after its lockdown, factories there risk running short on supplies as the virus spreads to countries that produce vital raw materials.
Economic experts have warned for years about the dangers of rising corporate, personal and government debt. Combined with the coronavirus pandemic, is this what will cause the next recession?
It’s not just grocery shoppers who are hoarding pantry staples. Some governments are moving to secure domestic food supplies during the coronavirus pandemic.
The coronavirus outbreak is having a serious ripple effect throughout global supply chains. Factories have shut down, product flow in many cases has come to a halt, and consumer purchases of all but the most essential items are plummeting.