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A trader works on the floor of the New York Stock Exchange at the start of trading on Monday. Stocks around the world tumbled over fears of the omicron variant. Spencer Platt/Getty Images hide caption

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Spencer Platt/Getty Images

Stocks around the world were hit hard by omicron fears. Here are 3 things to know

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Jair Bolsonaro, Brazil's new president, is among a wave of far-right leaders who have risen on the world stage. On Tuesday, Bolsonaro will headline the World Economic Forum in Davos, Switzerland. Evaristo Sa/AFP/Getty Images hide caption

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Evaristo Sa/AFP/Getty Images

China's President Xi Jinping delivers a speech at the World Economic Forum on Tuesday in Davos, Switzerland. The global elite have begun a week of earnest debate and Alpine partying in the Swiss ski resort, in a week bookended by two presidential speeches of historic import — Xi's remarks and U.S. President-elect Donald Trump's inaugural address. Fabrice Coffrini/AFP/Getty Images hide caption

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Fabrice Coffrini/AFP/Getty Images

Switzerland and Singapore lead the way in economic competitiveness, according to a global index that finds notable improvements in India and Panama. World Economic Forum hide caption

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World Economic Forum

Rwandan women attend a memorial service for genocide victims in April. After years of political turmoil, women in the country are narrowing the economic and political gap with men. Ben Curtis/AP hide caption

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Ben Curtis/AP

Switzerland has mobilized as many as 5,000 soldiers to secure the areas surrounding the alpine village of Davos during the WEF's annual meeting. Johannes Eisele/AFP/Getty Images hide caption

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Johannes Eisele/AFP/Getty Images