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News: Recently, the World Economic Forum (WEF) has released the 20th edition of the Global Risks Report.
Key findings of the Report
- The report has considered various risks like geopolitical, environmental, societal and technological domains that threaten global stability and progress.
- These risks are assessed over both short-term (1-2 years) and long-term (10 years) horizons.
- Short Term Risks: Misinformation and disinformation remain leading short-term risks, eroding trust and exacerbating societal divides.
- Other critical short-term risks include extreme weather events, state based armed conflicts, societal polarization, and cyber threats such as espionage and warfare.
- Long Term Risks: The important long-term risks include extreme weather events, biodiversity loss & ecosystem collapse and critical change to earth systems.
- Technological threats such as misinformation and adverse outcomes from AI also pose long term risks.
- The report mentions that societal vulnerabilities such as Inequality, societal polarisation, and economic instability contribute to global fragility, complicating efforts for collective action.
- It urges leaders to prioritize dialogue, strengthen international ties, and foster conditions for renewed collaboration to ensure a sustainable and inclusive future.
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