According to new data from the World Economic Forum, economic and societal threats – such as economic downturn, inflation and an erosion of social cohesion – rank among the biggest risks in G20 countries over the next two years, based on a survey of business leaders globally.
Tag: World Economic Forum
Cost-of-living Crisis Overshadows Climate Change: Davos Report
Climate change is the world’s biggest long-term challenge, but it is one that the world is least prepared to address due to short-term issues caused by a cost-of-living crisis.
World Economic Forum Warns Cyber Risks Add to Climate Threat
Cyberthreats and the growing space race are emerging risks to the global economy, adding to existing challenges posed by climate change and the coronavirus pandemic, the World Economic Forum said in a report Tuesday. The Global Risks Report is usually released ahead of the annual elite winter gathering of CEOs and world leaders in the… Continue reading World Economic Forum Warns Cyber Risks Add to Climate Threat
Top Risks for Business in the Post-COVID World: WEF
The business landscape will face greater uncertainty in the post-COVID period. Businesses need to watch three drivers of risk: political, technological and societal. The pandemic has shown the importance of public-private collaboration. Over the past year, the business landscape has become much more precarious due to protracted uncertainty and confusion in pandemic response approaches, the… Continue reading Top Risks for Business in the Post-COVID World: WEF
Risk Managers Surveyed See Long-Lasting Global Recession Likely Due to COVID-19: WEF
Risk managers expect a prolonged global recession as a result of the coronavirus pandemic, a report by the World Economic Forum showed on Tuesday. Two-thirds of the 347 respondents to the survey – carried out in response to the outbreak – put a lengthy contraction in the global economy top of their list of concerns… Continue reading Risk Managers Surveyed See Long-Lasting Global Recession Likely Due to COVID-19: WEF