
Gloomy outlook for global recovery, World Economic Forum survey finds
India Today
Climate change was seen as the number one danger by respondents in the WEF’s annual risks report on Tuesday.
Only one in 10 World Economic Forum members surveyed expects the global recovery to accelerate over the next three years, a poll of nearly 1,000 business, government and academic leaders found, with only one in six optimistic about the world outlook.
Climate change was seen as the number one danger by respondents in the WEF’s annual risks report on Tuesday, while erosion of social cohesion, livelihood crises and mental health deterioration were identified as risks which had increased the most since the start of the Covid-19 pandemic.

Oil and gas refineries and hubs are up in flames not just in the Middle East, but also in Russia and the US. Crude oil prices have surged over $100 a barrel. With the energy infrastructure in the Middle East likely to take years to be rebuilt, the world could be set for the biggest oil disruption in history.

Speaking at the White House, Trump said the United States was in contact with "the right people" in Iran and suggested that Tehran was eager to reach an agreement to halt hostilities. "We're in negotiations right now," he told reporters, without offering further details on the scope or format of the talks.











