António Guterres elected as U.N. secretary-general for second term

The United Nations General Assembly elected António Guterres for a second term as its secretary-general on Friday.

Why it matters: The Portuguese statesman will remain as the head of the U.N. until 2027. Guterres has been steering the organization through the coronavirus pandemic, which he has described as its greatest challenge since its founding, according to the New York Times.