Davos elite troubled by cost-of-living crisis ...News

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Davos elite troubled by cost-of-living crisis
Governments should cooperate in tackling a mix of risks to prevent a major crisis, World Economic Forum experts warn The cost-of-living crisis, looming recession and mounting debt are the biggest short-term threats facing the global economy, the World Economic Forum’s (WEF) annual Global Risks Report has warned. The world will hardly see any relief in the next two years as countries struggle with “energy, inflation, food and security crises,” the annual survey of 1,200 government, business and civil society professionals, published ahead of the Davos summit, said. Two thirds of respondents suggested that multiple

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