The B.1.1529 coronavirus that is spreading around the world is now known as the Omicron virus. 

While the new virus is currently spreading in Botswana, south africa, Israel, and Hong Kong, the world is actively trying to prevent the spread of the virus.

Omicron virus

Four years later, a meeting of WTO ministers was scheduled to discuss several key issues. The meeting was announced at the last minute as an echo of the Omicron virus outbreak.

WTO meeting

The 4-day meeting was held in Geneva after 4 years of not being able to make any major decisions. But 4 days before the meeting, the WTO meeting was abruptly adjourned.

Postponement

WTO President Anabel Gonzalez has decided to adjourn the meeting with the approval of 164 members. Anabel Gonzalez said that the decision was taken in favor of all parties.

Kazakhstan

The World Trade Organization (WTO) summit, which is scheduled to take place every two years, is scheduled to take place in june 2020 in the capital of Kazakhstan, Noor Sultan.

Minister of 100 countries

The meeting, currently scheduled to take place in Geneva, was attended by more than 100 world ministers and 4,000 officials. But the WTO meeting has not taken place for 4 years due to the adjournment of the meeting.

The temporary ban on flights

The WTO meeting has been adjourned following the announcement by the World health Organization of the new Omicron virus and its nature. 

Flights from south africa are currently under temporary suspension due to fears of the virus spreading.

Stock Exchange and Crude Oil

The stock market and crude oil prices are facing large-scale change with the news of the Omicron virus spreading. The world could lose the growth of the international economy over the past year if the new virus spreads.

Govt

Vaccine companies have also begun researching the new Omicron virus. The B.1.1529 Covid virus, or Omicron virus, is the most highly mutated virus in the world.