U.N. chief warns global recession due to coronavirus 'a near certainty'

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U.N. chief warns global recession due to coronavirus 'a near certainty'
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United Nations Secretary-General Antonio Guterres warned on Thursday that a glob...

FILE PHOTO: Antonio Guterres, United Nations Secretary General, speaks at a news conference at the 32nd Ordinary Session of the Assembly of the Heads of State and the Government of the African Union in Addis Ababa, Ethiopia, February 10, 2019. REUTERS/Tiksa Negeri/File Photo

“This is a moment that demands coordinated, decisive, and innovative policy action from the world’s leading economies,” Guterres told reporters via video conference. “We are in an unprecedented situation and the normal rules no longer apply.”The world’s wealthiest nations poured unprecedented aid into the traumatized global economy on Thursday as coronavirus cases ballooned in the current epicenter Europe even as they waned at the pandemic’s point of origin, China.

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