Europe is facing the worst refugee crisis since World War II and now, according to the World Economic Forum, large-scale involuntary migration is seen as the biggest threat to the planet in 2016 — ahead of major natural catastrophes or even weapons of mass destruction.
That’s according to the World Economic Forum, which just published its highly anticipated Global Risks Report 2016 ahead of its major annual meeting between January 20 and January 23 this year in Davos, Switzerland.
“This is widening the backdrop of uncertainty against which international firms will increasingly be forced to make their strategic decisions. The need for business leaders to consider the implications of these risks on their firm’s footprint, reputation, and supply chain has never been more pressing.”
I Word Understanding
Refugee– is increasing numbers of migrant arrivals which is a combination of refugees and economic migrants.
Catastrophes– an event causing great and often sudden damage or suffering
Backdrop– provide a background or setting for
Uncertainty-misgiving
Footprint– the impression left by a foot or shoe on the ground or a surface.
II Have your say
1. Here are the biggest risks for this year
Large-scale involuntary migration
Extreme weather events
Failure of climate change mitigation and adaptation
Interstate conflict with regional consequences
Major natural catastrophes
2. For the next 10 years
Water crises
Failure of climate-change mitigation and adaptation
Extreme weather events
Food crises
Profound social instability
