 Now the World Economic Forum has announced that it had called off its planned annual gathering of global political, economic and business leaders which had been set for August in Singapore. The WEF said it was impossible to convene an in-person meeting this year due to uncertainty surrounding the COVID-19 pandemic. The meeting is traditionally held each January in the Swiss Alpine Village of Davis, but it has already been shifted around and pushed back several times due to the coronavirus crisis. The WEF blamed tragic circumstances unfolding across geographics and uncertain travel outlook, a different speed of vaccination rollout and the uncertainty around new variants for the latest postponement. NEWS OPDATES