-
World Economic Forum warns of economic turmoil and social upheaval
The threat of fresh economic turmoil and social upheaval threaten to put at risk the gains produced by globalisation, the World Economic Forum said. In its annual assessment of the outlook for the global economy, the WEF set the scene for its meeting in Davos later this month by warning that the "seeds of dystopia" were being sown. The growing number of young people with little chance of finding a job, an increasing number of elderly people dependent on states deeply in debt and the expanding gap between rich and poor were all fuelling resentment worldwide, the forum said in its Global Risks 2012 report on Wednesday. ... (full story)