Ian Bremmer's Quick Take:

First of all, the exploding cases that we're seeing moving from Europe and at least many states in the United States (though certainly not all) towards the developing world is getting you an exploding overall case rate. We've now seen from the World Health Organization yesterday the largest single day tally since the pandemic has begun over 180,000 cases that we know of. Add to that much lower testing rates in the developing world than in the advanced industrial economies and you'll see that we are nowhere close to being on the backside of this first wave of coronavirus. But that doesn't mean that the poorest countries in the world are all a disaster.