Group 1 - Economic conflicts between major powers are identified as the greatest risk facing the world over the next two years, with "geoeconomic confrontation" cited by 18% of surveyed experts [1][2] - The second most common risk is "state-based armed conflict," mentioned by 14% of respondents, followed by "extreme weather events" at 8% [2] - Economic sanctions have become a prevalent tool, exemplified by the freezing of billions of dollars of Russian assets post-invasion of Ukraine [3] Group 2 - Concerns are rising regarding access to critical economic resources, particularly rare earth metals, which are essential for technology products and largely controlled by China [3][4] - The G7 finance ministers are actively discussing strategies to diversify the supply of these critical minerals due to their concentrated supply chains [4] - Over a longer horizon of 10 years, the most severe risks identified relate to climate emergencies, with "extreme weather events" being the top concern [4][5] Group 3 - The World Economic Forum (WEF) warns that traditional rules and institutions that have maintained stability are now under threat, as trade, finance, and technology are increasingly used as tools of influence [7] - The upcoming Davos meeting will gather numerous senior figures from politics, business, and civil society to discuss the global economy, highlighting the importance of dialogue amidst current tensions [5][6]