The 10 biggest risks the world faces in 2016

The Middle East is vulnerable. ISIS has become the most powerful terrorist organization. The US' geopolitical strength continues to decay. And Europe is seeing increased economic and political problems.

"And so, in 2016, conflict intensifies," Ian Bremmer, the head of Eurasia Group, and Cliff Kupchan write in the firm's annual list of top risks.

"This all means a dramatically more fragmented world in 2016 with more intra-, inter-, and extra-state conflict than any point since World War II."

Still, Eurasia Group analysts don't think this means we're on the precipice of World War III. After all, the world's biggest economic powers are reluctant to plunge into the fight.

But nevertheless, it's clear that geopolitics are about to shake up global order.

We've put together Bremmer and Kupchan's top 10 risks for 2016, along with key explanations and - bonus - a list of red herrings.