5/17, 5:04 PM (Source: TeleTrader)
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WEF confirms moving August meeting to 2022

The World Economic Forum (WEF) confirmed on Monday the reports it is canceling its meeting, which was supposed to take place in August in Singapore, and moving it to the first half of 2022.

"Regretfully, the tragic circumstances unfolding across geographies, an uncertain travel outlook, differing speeds of vaccination rollout and the uncertainty around new variants [of COVID-19] combine to make it impossible to realize a global meeting with business, government and civil society leaders from all over the world at the scale which was planned," the organization said.

The WEF is yet to confirm the exact date and location of the rescheduled encounter.

Breaking the News / JR