Davos 2024: Top 10 Global Threats That WEF Elites Aspire To Deal This Year

2024: A Geopolitical Minefield?

The Eurasia Group warns of potential global chaos in 2024, citing three major conflicts - Israel vs. Hamas, Ukraine vs. Russia, and internal strife in the U.S. The group terms the year as a geopolitical minefield.

Corporate Fall Amid Cultural Wars

U.S. corporations face challenges amid cultural wars, exemplified by the Bud Light controversy. Divergent state regulations and public outcry, intensified by the approaching presidential election, add to the precarious position of businesses.

El Niño's Returns

El Niño returns after a four-year absence, posing a heightened threat with increased natural disasters due to higher global temperatures. Regions like southern Africa and Southeast Asia are at risk of water stress, weather-induced destruction and emigration.

High Global Interest Rates

Despite a slight decrease in inflation in 2023, global interest rates remain elevated. Pressures from commodity prices and disrupted supply chains may lead to further political instability, especially in countries facing elections in 2024.

Race For Minerals

The race for essential minerals (cobalt, lithium, nickel) becomes a geopolitical concern. Demand surge clashes with countries stringent export laws, jeopardizing global supply chains.

China's Economic Slowdown

Chinas economic progress may slow due to a weak recovery from COVID, limited government responses, and low demand in real estate and exports. While not an imminent crisis, the stalled growth exposes vulnerabilities in the Chinese Communist Partys governance.

'Rogue Nations' Unite?

Iran, North Korea, and Russia, labeled agents of chaos by the West can strengthen cooperation against the U.S. and the West. Supplying drones to Russia for aggression against Ukraine exemplifies their shared interests.

Can AI Go Wild?

Governments globally grapple with regulating AI in 2024. The report cautions against expecting comprehensive regulation due to the technologys rapid progression, political disagreements, and commercial incentives, especially during an election year in the U.S.

Ukraine's Partition Risk

The report suggests Ukraine is at risk of losing the war, facing potential partition. A partitioned and unsupported Ukraine could impact U.S. credibility, leading to an Afghanistan 2.0 perception among Europeans.

Peace In Middle East?

Violence erupts in the Middle East, particularly with Hamas conflict with Israel. Tensions along the Israel-Lebanon border raise concerns about regional escalation, leading to increased casualties, humanitarian crises, and political disarray.

U.S. Democracy Decline

The U.S. grapples with political polarisation, low faith in institutions, and a dysfunctional political system. Regardless of the election outcome, concerns about the state of American democracy and its global position persist.