Coronavirus Could Cost 10% Of Global GDP, U.N. Chief Says

(PatrioticPost.Com)- The worldwide coronavirus pandemic is the “most challenging crisis” the world has faced since World War II, according to the chief of the United Nations. And while many countries are fighting hard to flatten the curve and fight the virus, more needs to be done on a global scale.

“We are facing a global health crisis unlike any in the 75-year history of the United Nations — one that is killing people, spreading human suffering and upending people’s lives,” said Antonio Guterres, the U.N. secretary general. “But this is much more than a health crisis. This is a human crisis. The coronavirus disease (COVID-19) is attacking societies at their core. This is, indeed, the most challenging crisis we have faced since the Second World War.”

Gutteres called for “a stronger and more effective response that is only possible in solidarity if everybody comes together and if we forget political games and understand that it is humankind that is at stake.”

According to Gutteres, the pandemic will “bring a recession that probably has no parallel in the recent past,” and will also contribute to “enhanced instability, enhanced unrest and enhanced conflict.”

The United Nations recently released a report that said a worldwide response is needed to combat the coronavirus outbreak, one that will need to be done on a significantly larger scale than is being done now. In fact, the U.N. says such a response would amount to at least 10% of the global GDP.

The U.N. report said now is a time when taxes and trade restrictions need to be eliminated so that medical supply chains can remain intact across the globe. The report reads:

“This is the moment to dismantle trade barriers, maintain open trade and re-establish supply chains. Tariff and nontariff measures, as well as export bans, especially those imposed on medicinal and related products, would slow countries’ action to contain the virus. Import taxes or restrictions on medical supplies need to be waived.”

As of Tuesday, there were more than 860,000 cases of coronavirus reported around the world, with more than 42,000 deaths attributed to the COVID-19 illness it causes.

In the United States, those numbers have reached more than 186,000 and almost 4,000, respectively.

On Tuesday, the White House said that more than 100,000 people in the U.S. could die from coronavirus, and that’s an optimistic number that can be “achieved” only if social distancing guidelines are followed to a T. Mid-April is when the worst of it is expected, with as many as 2,000 Americans dying each day, according to a White House model.

If people don’t follow social distancing measures, the results could be very grim, according to Dr. Deborah Brix, the White House’s coronavirus response coordinator. She said if that happens, the worst-case scenario shows a model predicting that 2.2 million people could die in the United States alone. As she said:

“There is no magic bullet. There is no magic vaccine or therapy. It’s just behaviors. Each of our behaviors translating into something that changes the course of this viral pandemic over the next 30 days.”