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2013-01-08

Evening Standard: "Growing wealth divide ‘is top risk’ to global stability, says World Economic Forum"


Link to web site

"The growing gap between the incomes of the rich and the poor is the number one risk to global stability, according to the World Economic Forum.

"The WEF, in its annual global risks report, warned that anti-austerity protest across the southern eurozone could prompt a flare-up of the continent’s sovereign debt crisis and rock the global financial system in 2013.

"The organisation, which stages the annual Davos conference taking place later this month, also warned that financial stress could come together with runaway climate change to create a 'perfect global storm'." 

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