World Economic Forum postpones Davos meeting on Covid uncertainty



The entrance hall of the Congress Center is adorned with a logo on a window.

The annual January get-together of world leaders, billionaires and executives will be postponed due to health and safety concerns over Covid-19.

The annual meeting of the World Economic Forum will be put off in the light of continued uncertainty over the Omicron outbreak. It is planned for the summer.

The in-person event was supposed to address economic, environmental, political and social fault-lines caused by the Pandemic.

The online series of State of the World sessions will focus on shaping solutions to the world's most pressing challenges.

The transmissibility of the omicron Covid variant and its impact on travel and mobility made it difficult for the WEF to stage a global in-person meeting next month.

The annual meeting of heads of government, business executives and activists from around the world is held at a picturesque Alpine ski resort and is regarded as a cornerstone of international relations.

The World Economic Forum was going to hold a meeting in Singapore in August.

A virtual conference was held.

This is a breaking news story and will be updated soon.