Davos economic forum delayed until summer amid Omicron fears

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Davos economic forum delayed until summer amid Omicron fears
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Annual meeting of world leaders, billionaires and business chiefs had been scheduled for January

gathering of world leaders, billionaires and business chiefs planned for next month has been delayed until the summer amid mounting concerns over the coronavirus Omicron variant.– which has been putting on the gathering of the global elite at a Swiss ski resort each January for half a century – said it would hold a series of online sessions next month to bring together global leaders to discuss the world’s biggest challenges instead. A full annual meeting is planned for early summer.

Regarded as a key event on the calendar for international relations, business and the world economy, the event was scheduled for 17-27 January with a theme of “working together, restoring trust”. However, the organisers said current pandemic conditions made it extremely difficult to put on a face-to-face meeting. It comes amid a fresh wave of coronavirus infections fuelled by the Omicron variant, leading countries around the world to impose tougher travel controls and a return to tighter government restrictions.

“Despite the meeting’s stringent health protocols, the transmissibility of Omicron and its impact on travel and mobility have made deferral necessary,” the WEF said.The decision to push back the event is the second year running that Covid-19 . The gathering on a remote mountain top in Switzerland would usually welcome about 3,000 people, including the world’s super-rich flying in by private jet to discuss challenges such as the climate emergency, inequality, business, and technology.

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