Davos postponed until next summer
THE annual Davos gathering of the super-rich has been postponed for around six months amid fears attendees could be infected by Covid-19.
Organisers of the World Economic Forum summit in the Swiss alpine town have finally given in after initially refusing to alter their timetable in the face of the pandemic. It is now being moved from January to an unconfirmed date in early summer and could be at a different location.
Davos attracts business chiefs, oligarchs and world leaders every year to discuss how to save capitalism and end poverty, in a mountain town patrolled by thousands of armed Swiss soldiers.
Some 119 billionaires attended this year’s gathering to hear keynote speakers including US president Donald Trump and the Swedish teenage eco-campaigner Greta Thunberg.
In June, the WEF announced plans to host a parallel virtual summit focusing on how to rebuild the global economy after the Covid pandemic subsides.
Its organisers had dubbed next year’s gathering “the great reset”.