UN chief says global recession due to coronavirus 'a near certainty'


United Nations Secretary-General Antonio Guterres warned on Thursday that a global recession "is a near certainty" and current national responses to the coronavirus pandemic "will not address the global scale and complexity of the crisis."  "This is a moment that demands coordinated, decisive, and innovative policy action from the world's leading economies," Guterres told reporters via a video conference.

"We are in an unprecedented situation and the normal rules no longer apply." "A.

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