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Wealth gap, debt top risks ahead of Davos
2013-01-08 17:28:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Fragile economies and extreme weather have combined to crank up the global risk dial in the past year, creating an increasingly dangerous mix, according to the World Economic Forum. Despite Europe's avoidance of a euro break-up in 2012 and the United States stepping back from its fiscal cliff, business leaders and academics fear politicians are failing to address fundamental problems. That is the conclusion of the group's Global Risks 2013 report, which surveyed more than 1,000 experts and...
Davos group sees troubled economies, climate change as interlocking risks in coming years
2013-01-08 12:05:00| Climate Ark Climate Change & Global Warming Newsfeed
Associated Press: The widening income gap between the rich and poor and burgeoning government deficits are the risks most likely to have a global impact over the next decade, according to experts surveyed by the World Economic Forum. Climate change, water shortages and aging populations rounded out the WEF's top five risks. The 1,000-plus experts surveyed for the Switzerland-based forum's annual risk report also warn that risk factors could combine to produce unique problems. These risk combinations included climate...
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