Global risks for 2013 outlined by World Economic Forum


The World Economic Forum (WEF) has announced its top global risks for 2013.

The top two risks for the second year running are severe income disparity and chronic fiscal imbalances. A major systemic financial failure was highlighted as the top risk in terms of impact, followed by water supply crises and continuing fiscal imbalances.

The third most likely global risk was a rise in greenhouse gas emissions, following a year of extreme weather, with Hurricane Sandy to flooding in China.

These top

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