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The Independent UK
The Independent UK
National
Kelvin Chan

Davos report: Cost-of-living crisis overshadows climate

ASSOCIATED PRESS

Climate change is the global economy's biggest long-term challenge but one the world is least prepared to tackle because of short-term problems led by a cost-of-living crisis, the World Economic Forum said in a report Wednesday.

The group's Global Risks Report, released ahead of its annual gathering of government leaders and business elites next week in the Swiss Alpine resort of Davos, offers a bleak outlook.

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