News Summary: Davos Forum Warns Over Income Gap
By The Associated Press
DISPARITY THREAT: The gap between the rich and the poor is the most likely threat to the global economy in coming years, the World Economic Forum said Thursday.
LOST GENERATION: In a risk assessment ahead of the gathering of political and business leaders in the Swiss ski resort of Davos, the forum warned of a "lost generation" of young people that could stoke tensions in society.
RISK OF UNREST: "The generation coming of age in the 2010s faces high unemployment and precarious job situations, hampering their efforts to build a future and raising the risk of social unrest," the Forum said in Global Risks 2014, which was compiled with contributions by 700 global experts.
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