Omicron uncertainty prompts WEF to delay Davos summit to mid-2022

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The World Economic Forum (WEF) on Monday postponed its annual meeting in Davos due to the spread of the Omicron coronavirus variant, putting off the event scheduled for January until mid-2022. A month before world business and political leader were due to gather in the Swiss ski resort, its organisers said they had decided to postpone in light of continued uncertainty over Omicron, adding the event was now planned for 'early summer'. Davos, which in the past has attracted around 3,000 business chiefs, political thinkers and state leaders, was deserted last year after the event was cancelled due to COVID-19.

FILE PHOTO: Logo of the World Economic Forum is seen as people attend the WEF annual meeting in Davos

Davos, which in the past has attracted around 3,000 business chiefs, political thinkers and state leaders, was deserted last year after the event was cancelled due to COVID-19. "Despite the meeting's stringent health protocols, the transmissibility of Omicron and its impact on travel and mobility have made deferral necessary."

Next year's Davos meeting had been set to focus on accelerating stakeholder capitalism, harnessing the technologies of the Fourth Industrial Revolution and ensuring a more inclusive future of work, the WEF said in September.

 

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