The world has always been filled with all kinds of threats and even though efforts have been made to reduce and prevent them, they cannot be completely eliminated. At present I see the future from global perspective to be quite gloomy. There are a number of significant threats raising their heads. All the economic crises we have face are among the lowest worries. Downturns as well as upturns will always be, but after all they are only temporary. As well these crises are only about money. When talking about global threats I would draw more attention to population growth and resource depletion. The combination of these two can have, and I believe that they will have devastating consequences after few decades. With very high probability these two together will cause wars around world. This is inevitable when the living space and food will be scarce. Wars and armed conflicts always cause major economic losses. Not only that war itself swallows the money, wars result in significant financial consequences. Trading becomes more difficult and peters out. Plants, buildings, crop yields, ports, rail and roads will be destroyed, unemployment will rise and people's purchasing power will be reduced, refugees strain the economy and so on. Wars and armed conflicts are also not encouraging domestic and foreign investors to make investments, but investments are channeled into more stable countries. Wars and conflicts throughout history have spread illnesses and diseases that have also spread to the civilian population. During the First World War era, the Spanish flu killed estimates, 50-100 million people. In addition to diseases the weapons used in wars, in particular, chemical, biological and nuclear weapons, cause health risks. Biological weapons are prohibited in most of the world, because they are considered to be particularly cruel, causing unnecessary suffering and are