The end is in sight for the global economic crisis. Fears surrounding the euro zone have calmed. In Japan, Prime Minister Shinzo Abe's "three arrows" - the key tenets to his economic recovery plan - are starting to hit home. China is slowly introducing key reforms and the Federal Reserve judged the U.S. economy strong enough to start scaling back its bond purchases.
However, in the world of geopolitics, things were not quite so rosy. Tensions in the Middle-East, North Korea, Russia and the NSA spying scandal all raised concerns.
So what should you watch out for in 2014? Here is a list of the year's top risks.
By CNBC's Alice Tidey.