The annual Davos 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. 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. Klaus Schwab, the founder and executive chairman of the WEF, said: “Public-private cooperation has moved forward throughout the pandemic and that will continue apace. We look forward to bringing global leaders together in person soon.”

Source: The Guardian December 21, 2021 04:31 UTC