International conflict set to dominate World Economic Forum in Davos

  • 9 years ago
This time of year traditionally sees the Swiss mountains echo to pronouncements about the global economy’s major challenges as political leaders and industry chiefs gather for the World Economic Forum.

But this year, as euronews correspondent Sarah Chappell reports from Davos, escalating geopolitical tensions are expected to dominate.

“After years of focusing on the fallout from the global financial crisis, this time Davos aims to address the new challenges that have emerged. Topping the agenda, the increasing risk of international conflict – and its possible effects on the global economy,” she said.

In its 2015 Global Risks report published last week, the World Economic Forum highlighted geopolitical and societal risks, interstate conflict, and estimated that experts rated environmental risks more prominently than economic ones.

In particular the Forum is warning of the threat of major conflict between world powers for the first time in a quarter of a century.

“Nobody is rea

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