2016-01-15chron.com

The global economy faces an array of risks, from natural disasters related to climate change to the rise of the Islamic State group and increasingly sophisticated cyberattacks, according to experts polled by the World Economic Forum, which organizes the annual gathering of political and business leaders in the Swiss resort of Davos.

In a bleak assessment published Thursday ahead of next week's meeting in Davos, the WEF said its survey found that a failure to deal with and prepare for climate change is potentially the most costly risk over the next ten years, ahead of weapons of mass destruction, water crises, large-scale migration flows and severe energy price shocks.



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