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Davos Forum: Trump to Attend, But Iranian Official Cancels

News Summed Up 2020-01-14 05:30:00

GENEVA - Iran's foreign minister has cancelled an expected appearance at next week's World Economic Forum in Davos, Switzerland, organizers said Tuesday, citing the “backdrop of uncertainty” in the Middle East. The move averts a possible crossing-of-paths with top U.S. officials, including President Donald Trump, in the Alpine town at a time when relations between Iran and the United States have hit a new low. WEF President Borge Brende cited only the “cancellation” by Foreign Minister Mohammad Javad Zarif, who was notably blacklisted by the Trump administration even before the new tensions. He expressed hopes that a “Green Revolution” will go mainstream and said the World Economic Forum would encourage partner businesses to become carbon neutral. Schwab revived his call for “stakeholder capitalism” to help take the lead in solving global problems.