London (CNN Business) President Donald Trump and other key world leaders have canceled their trips to Davos to deal with more pressing matters back home. Some 3,000 of the world's richest and most powerful people are preparing to crowd into the small Swiss mountain town for next week's World Economic Forum. The American president, who was the star guest at last year's forum, canceled his return trip last week but wished organizers well. "I am respectfully canceling my very important trip to Davos, Switzerland for the World Economic Forum. Armed security personnel stand guard on a rooftop in Davos.

Source: CNN January 19, 2019 16:50 UTC