The world is entering a more unstable and fragmented phase as global cooperation declines and rivalry between major powers intensifies, the World Economic Forum has warned.
In its Global Risks Report 2026, the forum said uncertainty had become the defining feature of the global outlook, based on insights from more than 1,300 experts worldwide.
Half of those surveyed said they expected the next two years to be turbulent or stormy, rising to 57% over the next decade. Just 1% anticipated a calm global environment.
The report identified geoeconomic confrontation as the most immediate global threat in 2026, followed closely by state-based armed conflict.
Trade disputes, protectionism and the use of economic pressure by major powers were cited as key drivers of instability, increasing the risk of wider confrontation.
Economic risks were also intensifying, with experts warning of higher chances of downturns, inflation and asset bubbles amid elevated debt levels and fragile financial markets.
Technological risks are accelerating, the report said, as misinformation, cyber insecurity and the long-term impact of artificial intelligence outstrip existing governance frameworks.
The report also highlighted a retreat from multilateralism, with trust between nations eroding as governments turn inward and cooperation gives way to competition.
Social pressures are mounting, with inequality described as the most interconnected global risk and political polarisation threatening social cohesion.
While environmental risks were seen as less urgent in the short term, they remain the most severe over the longer horizon, with extreme weather and climate change dominating the 10-year outlook.
Looking ahead, nearly 70% of experts said they expected a multipolar and fragmented global order driven more by rivalry than cooperation, warning that choices made now would shape global stability for years to come.
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The ongoing escalation in the Middle East involving the United States, Israel and Iran is not merely another episode in the long history of the region's crises. It is also a revealing illustration of Europe’s increasingly conflicted position within a rapidly transforming international order.
Journalist and International Affairs Commentator, Tom Gross, joined AnewZ from Tel Aviv to tell us why he thinks the attack happened now and whether this could mark the beginning of the end for the Iranian leadership.
Relations between Russia and Japan have effectively collapsed due to Tokyo’s “unfriendly” stance towards Moscow, the Kremlin said on Friday (20 February), adding that there is currently no dialogue aimed at concluding a peace treaty.
Despite its economic might, the European Union is often labelled a “geopolitical dwarf.” The only region where it acts as an indisputable player, able to assert its will with relative ease, is the Western Balkans, along with parts of Eastern Europe.
President Donald Trump said the U.S. was considering "winding down" its military operation against Iran, as Iran and Israel traded attacks on Saturday (21 March) and Iranian media said the nuclear enrichment facility in Natanz had been attacked.
U.S. President Donald Trump warned that American forces could target Iranian power plants if the strategic Strait of Hormuz remains closed, and Iran, in return, warned that any attack on its energy infrastructure would trigger strikes on regional facilities.
Slovenia heads to the polls on Sunday (22 March) in a closely contested race between incumbent Prime Minister Robert Golob and right-wing former Prime Minister Janez Janša.
Italy is voting on 22 and 23 March in a judicial reform referendum that could reshape the justice system and test Prime Minister Giorgia Meloni’s political strength ahead of the 2027 general election.
Iceland could reopen talks on joining the European Union after a 13-year pause, as shifting security concerns and renewed economic debate bring EU membership back to the centre of national politics.
Qatar has confirmed that seven people, including four of its military personnel and three Turkish nationals, were killed on Sunday (22 March) when a helicopter crashed in the country’s territorial waters.
Belgium has marked the 10th-anniversary of the 2016 Brussels terror attacks, remembering the victims of the country’s deadliest peacetime attack and reflecting on changes to national security.
A drone attack on a hospital in East Darfur, Sudan, has killed at least 64 people and injured 89 more, the World Health Organisation (WHO) reported on Saturday.
Cuba’s national power grid went down on Saturday, cutting electricity for millions, officials said. The outage marks the second nationwide blackout in a week and the third major grid failure in March.
A British nuclear-powered submarine armed with Tomahawk cruise missiles has reportedly taken up position in the Arabian Sea, the Daily Mail reported on Saturday (21 March). The deployment gives the UK the ability to carry out long-range strikes if tensions in the Gulf escalate.
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