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Wednesday, 1 July 2020

The next 18 months — what risks lie in store for us?

What risks lie in store for us over the next 18 months? A World Economic Forum survey of 347 senior risk analysts on which of the many threats presented by covid-19 are most likely to lead to global disruption has been turned into a digestible (if depressing) infographic by the good people at Visual Capitalist.

The bad news? There’s a high chance of substantial economic fallout — surprise, surprise — with the likelihood of a prolonged global recession topping all other risks at a whopping 68.6%. There’s also a pretty high risk of emerging market collapse, at 38%.

The better news? The risk of lower Foreign Direct Investment (FDI) remains well below other potential economic risks, at 17.9%, and the likelihood of higher anti-business sentiment is a comparatively miniscule 3.2%. This means a glimmer of hope — at least for Egypt — when it comes to economic recovery from the pandemic.

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