The World Economic Forum’s Global Risks Report has warned about deeply interconnected global risks for the past 17 years. According to the World Economic Forum’s Global Risks Report 2023, conflict and geoeconomic tensions have triggered a series of deeply interconnected global risks. These comprise energy and food supply shortages, which are expected to last for the next two years, as well as significant hikes in the cost of living and debt payments. Simultaneously, these crises risk undermining efforts to address longer-term risks, particularly those related to climate change, biodiversity, and human capital investment. Cost of living dominates global threats in the next couple of years Th
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