21.02.2019

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Rising geopolitical and geo-economic tensions are the most urgent risk in 2019, says this report. Moreover, environmental degradation, partly related to climate, and rapidly evolving cyber and technological threats are the most concerning topics.

The Global Risks Report 2019 was published by the World Economic Forum in January 2019. The report states that the world’s ability to foster collective action in the face of urgent major crises has reached crisis levels, with worsening international relations hindering action across a growing array of serious challenges. Meanwhile, a darkening economic outlook, in part caused by geopolitical tensions, looks set to further reduce the potential for international cooperation in 2019. 
 
The Global Risks Report, which incorporates the results of the annual Global Risks Perception Survey of approximately 1,000 experts and decision-makers, points to a deterioration in economic and geopolitical conditions. Trade disputes worsened rapidly in 2018 and the report warns that growth in 2019 will be held back by continuing geo-economic tensions, with 88 per cent of respondents expecting further erosion of multilateral trading rules and agreements. If economic headwinds pose a threat to international cooperation, efforts will be further disrupted in 2019 by rising geopolitical tensions among major powers, according to the report.

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