Global risks for 2013 outlined by World Economic Forum

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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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