World Economic Forum postpones 2021 Davos summit due to COVID-19

The World Economic Forum (WEF) on Wednesday said that the 2021 summit at Davos, Switzerland will be postponed from January to "early next summer" due to the coronavirus pandemic. "The advice from experts is that we cannot (host the event) safely in January," it added. The WEF further said that it will instead host virtual 'high-level' discussions in January.