By Robert Evans
GENEVA (Reuters) - The World Economic Forum on Wednesday voiced fears of a recession in the United States over the next 12 months and expressed doubts that consumption-led growth in Asia could take over as driver of the global economy.
In a report issued for discussion at its annual meeting later this month of global political, financial and business leaders in the Swiss resort of Davos, it also warned that the world looked headed for a long-term rise in food prices.
The report, based on the views of over 100 senior figures working with the Forum, said "the scale and nature" of the financial crisis of 2007-2008 had raised serious questions about the vulnerability of the current model of financial markets.
http://www.reuters.com/article/gc07/idUSL0986882820080114
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