Food and energy prices weaponized by the war in Ukraine. Compounding crises from health and economic aftereffects of the COVID-19 pandemic. Inflation soaring to levels unseen in decades.
It's little wonder the World Economic Forum's Global Risks Report on Wednesday, based on more than 1,200 experts' insights, finds the biggest short-term risk to the world economy is today's globalized cost-of-living crisis and widespread social unrest.