The World Economic Forum postponed its annual gathering of world leaders and the private sector in Davos, Switzerland for a second year amid new waves of COVID-19 across the world.
The meeting that was initially scheduled for Jan. 17-21 was cancelled due to “continued uncertainty” over the new Omicron variant and is now planned for early summer, the Forum said in a statement on Monday.
“Current pandemic conditions make it extremely difficult to deliver a global in-person meeting,” the statement read. “Despite the meeting’s stringent health protocols, the transmissibility of Omicron and its impact on travel and mobility have made deferral necessary.”
The annual Davos event gathers government heads, business executives, and policy makers to discuss current world issues at a resort in the Swiss Alps. It was also postponed in January 2021 and was rescheduled to take place in Singapore later in August, although similar COVID-19 risks did not allow the event to push through.
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