Inflation, extreme weather and wars identified as top global risks
Global stability is most threatened by rising food and energy costs, climate-related disasters and the risk of further military conflict, according to 1,200 experts canvassed by the World Economic Forum (WEF).
This content was published on
1 minute
swissinfo.ch/mga
Português
pt
Inflação, clima extremo e guerras identificadas como de alto risco global
The WEF Global Risks Report 2023 reflects the concerns of political and business leaders around the world.
The soaring cost of living has been tagged as the most pressing concern within the next two years, followed by natural disasters and ‘Geoeconomic confrontation’ – or warfare.
The list of short-term risks has changed from the last report, issued in January 2022, following Russia’s invasion of Ukraine and the impact this has had on energy and food prices.
On a ten-year horizon, environmental threats dominate the top four positions, topped by ‘Failure to mitigate climate change’.
Experts who contributed to the report are also concerned by the growing threat of cybercrime in both the short-term and long run.
“The short-term risk landscape is dominated by energy, food, debt and disasters,” said WEF Managing Director Saadia Zahidi in the 18th Global Risks Report. “In this already toxic mix of known and rising global risks, a new shock event, from a new military conflict to a new virus, could become unmanageable.”
More
More
Looking ahead: Switzerland’s economic outlook for 2023
This content was published on
Our economic journalists outline the major developments awaiting the Swiss economy.
Direct trains to run from Zurich to Florence and Livorno
This content was published on
The Swiss Federal Railways and Trenitalia will offer direct trains from Zurich to Florence and Livorno and vice versa from 2026.
Number of Swiss armed forces exceeds specified limit
This content was published on
The Swiss armed forces had an effective headcount of around 147,000 as of March 1, 2024. This exceeds the upper limit of 140,000 specified in the army organisation by 5%.
More than 400,000 cross-border commuters now work in Switzerland
This content was published on
More than half of all cross-border commuters were resident in France (around 57%). Large proportions also lived in Italy (23%) and Germany (around 16%).
Amherd and von der Leyen discuss ongoing Swiss-EU negotiations
This content was published on
Swiss President Viola Amherd and EU Commission President Ursula von der Leyen have met and talked about the ongoing negotiations between Bern and Brussels.
This content was published on
One million francs, 34 million euros and around 830 kilos of gold: this is the fortune that two Swiss nationals are accused of having moved across borders for at least four years.
Girls in female-dominated classes earn more later on
This content was published on
At the age of 30, women from school classes with a 55% share of girls earn $350 more per year than women from classes with a 45% share of girls.
This content was published on
Geneva-based luxury goods group Richemont reported a downturn in performance for the first half of its 2024/25 financial year. Both sales and profit declined.
This content was published on
Growth forecasts for Switzerland have been revised downwards for the current year and 2023 by the KOF Swiss Economic Institute.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.