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On Monday, the WEF should announce the move to Singapore. High infection rates may be one of the reasons. But there are heavier ones.
On stage with the world’s powerful: Klaus Schwab with Donald Trump in Davos at the WEF 2020 in January.
Photo: Gian Ehrenzeller (Keystone)
The World Economic Forum’s decision to turn its back on Switzerland is almost a failure. On Monday, the board will most likely decide to move the gigantic event to Singapore. In cases like Al Gore, Christine Lagarde (ECB), Larry Fink (Blackrock), Kristalina Georgieva (IMF) or Jack Ma (Alibaba), the decision will be made.
Switzerland’s image as a virus launcher in Europe is said to have sparked negative reactions from WEF donors. Founder Klaus Schwab shouldn’t be amused by the Federal Council’s laisser faire. Therefore, the organization had no choice but to relocate to Southeast Asia. Switzerland had to attribute that to itself.
