WEF: Gap between the rich and poor “biggest risk”

The World Economic Forum (WEF) said the growing gap between the rich and the poor is the biggest global risk this year. In its annual Global Risks survey, the institution said, “The chronic gap between the incomes of the richest and poorest citizens is seen as the risk that is most likely to cause serious damage globally in the coming decade.” After income gap, the next most likely risk was extreme weather, followed by unemployment and underemployment, climate change, and cyberattacks. The WEF added that survey respondents were highly concerned about the possibility of more fiscal crises, in the wake of the eurozone debt crisis.

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