Categories: Business

Corona crisis causes loss of $ 8.5 trillion in total production worldwide: UN

Corona crisis
Image Source: GOOGLE

new Delhi. United Nations chief Antonio Guterres has warned that the Kovid-19 pandemic may cause unimaginable catastrophe and may lead to severe hunger and famine. At the same time, he said that if all nations did not respond together to this Great Depression, there would be a reduction of $ 8.5 trillion in global production. "We should avoid it," the United Nations Secretary-General said in a high-level program on funding for development on Thursday. The epidemic has exposed our weakness. Despite all the technological and scientific advances of recent decades, we are in an unprecedented humanitarian crisis due to a micro virus. He stressed the need to respond to this unprecedented crisis with solidarity. Guterres said, "If we don't take action now, the Kovid-19 pandemic will cause unimaginable devastation and suffering around the world." There will be terrible hunger and famine. More than six crore people will go into extreme poverty.

Half of the world's workforce, 1.6 billion people, will be without a livelihood. He said that the decline in global production due to the epidemic would be the sharpest decline since the Great Depression of 1930. According to Johns Hopkins University, more than 5.8 million people have been infected with the corona virus worldwide and more than 3.6 million people have died so far.

This post was published on May 29, 2020 3:45 pm

Content Team

Recent Posts

We are going to become the world's largest 100% electrified rail network: Piyush Goyal

Photo: PTI There're clear signs that India is on path of getting back into action: Piyush Goyal at India Global…

ED raids Delhi NCR tour travel companies seized rs 3.57 crore. ED raids Delhi travel companies, seized Rs 3.57 crore

Photo: FILE ED raids Delhi NCR tour travel companies seized rs 3.57 crore New Delhi. The Enforcement Directorate (ED) has…