Klaus Schwab, founder of the World Economic Forum, sees political “black-swan” events threatening global security even as economic risks subside, with confidence returning to the euro area.
“The world is still full of risks and we do not have only to address the economic risks, I think it is very important that we become more resilient in terms of the political risks,” Schwab, 78, said in a Bloomberg Television interview in Davos, Switzerland, yesterday. “There are many black swans around,” he said, referring to the Japan-China dispute in the East China Sea, the Syrian civil war and the nuclear inspections in Iran.
WEF's Schwab Says Iran, Syria Are ‘Black Swans’ - Bloomberg
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