In an exclusive conversation moderated by Siddharth Zarabi, Group Editor, Business Today, and Rajdeep Sardesai, Consulting Editor, India Today, World Economic Forum President Børge Brende outlines the three major structural risks threatening global growth: the possibility of new wars beyond Ukraine, escalating trade wars and economic decoupling, and unsustainable global debt levels—the highest since the Second World War. While noting the resilience of the global economy, Brende warns that rising protectionism, shifting trade strategies, and growing uncertainties—especially around tariffs, export controls, and supply chain disruptions involving the U.S., China, and the EU—are undermining global confidence. These forces, he says, are redefining globalization and putting pressure on the rules-based world trade order.
