The cost of living is the biggest short-term risk facing the global economy, with energy and food inflation likely to persist for the next two years, warns the World Economic Forum ahead of its annual Davos meeting.
David Thomas
More articles
Mar
16
2023
The world at a turning point. Will philanthropy rise to the task of the moment? by Briggs Bomba in Alliance Magazine
In a recent statement, the IMF announced that one-third of the world economy is expected to be in recession in 2023, further adding that ‘it would feel like recession...
Feb
21
2023
Global risks report 2023
Some of the risks described in this year’s report are close to a tipping point. This is the moment to act collectively, decisively and with a long-term lens to shape a...
Jan
26
2023
Davos worries about a ‘polycrisis’
Global crises are weighing on the World Economic Forum.Credit…Laurent Gillieron/EPA,
Jan
26
2023
How the world bank can help save the planet
Big banks want multilateral development institutions to act like insurers, reducing the risk for private investors to finance climate-friendly projects
Jan
26
2023
Hurricanes and floods bring $120bn in insurance losses in 2022
Hurricane Ian in Florida caused a big chunk of the financial losses while floods in Pakistan, Nigeria and South Africa killed the most people
Jan
16
2023
I predicted the 2008 crash – these are the global ‘megathreats’ I can see now
Life as we know it is under threat, as short-term-thinking politicians ignore the signs that point to a dystopian future
Jan
09
2023
The world’s in a ‘polycrisis’ — and these countries want to quash it by looking beyond GDP
A coalition, led predominantly by women, aims to transform economies around the world to deliver shared well-being for people and the planet by 2040.
Dec
05
2022
Can banks stop climate change?
Michael Northrop writes on economics and the environment–critical pieces of polycrisis work.
Nov
18
2022
Wealth as territory of transition
In the US alone, about $35 trillion to $70 trillion in wealth will transfer from one generation to another in the next twenty years. Most of this wealth will move...
Oct
14
2022
A new effort aims to catalyze big picture thinking by philanthropy about global stressors
These are some of the top stressors on the planet and the human race—and while each is well-recognized, what’s nowhere near as well understood is the manner in which...