Coronavirus outbreak is the biggest challenge for the world since World War Two, António Guterres says

The current coronavirus outbreak is the biggest challenge for the world since World War Two, UN Secretary General António Guterres has warned.

He said it could bring a recession "that probably has no parallel in the recent past".

Mr Guterres was speaking at the launch of a UN report on the potential socioeconomic impact of the outbreak.

“The new coronavirus disease is attacking societies at their core, claiming lives and people's livelihoods. Covid-19 is the greatest test that we have faced together since the formation of the United Nations," António Guterres.

The UN chief called for "an immediate co-ordinated health response to suppress transmission and end the pandemic".

Mr Guterres urged the industrialised nations to help those less developed, or potentially "face the nightmare of the disease spreading like wildfire".

The UN report estimates that up to 25 million jobs could be lost around the world as the result of the outbreak.

It also projects an up to 40% "downward pressure" on global foreign direct investment flows.