Global emerging markets. Researchers warn in the report that longer-term risks will have serious and far-reaching implications for societies, the environment and governance. (Photo: Shutterstock)

Due to the implications of COVID-19, risk professionals anticipate prolonged economic distress to be the greatest threat to businesses globally over the next 18 months.

"Prolonged global recession," "high unemployment," "another outbreak of infectious disease," and protectionism are among the top risk concerns for companies globally, according to a new report by the World Economic Forum.

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Danielle Ling

Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].