Year of disasters sinks trust in business and governments…(About Time!!)
Reuters.com
January 20, 2015
A year of disasters and mismanagement that included mystery air crashes, data hacks, foreign exchange rate rigging and the worst ever Ebola outbreak has torpedoed global trust in public bodies and business, according to a survey on Tuesday.
The annual Edelman Trust Barometer, released in Davos, showed a sharp decline in trust across the board with faith in governments, business, media and non-governmental organizations (NGOs) below 50 percent in two-thirds of countries.
The list of places where distrust among the general population is now dominant includes the United States, Japan, Germany, France, Britain, Italy, Russia and Turkey.
The picture is particularly stark for the 1,500 business leaders convening for the Jan. 21-24 World Economic Forum’s talkfest in the Swiss Alps.
Not only has overall trust in business fallen, after clawing back some ground following the 2008 financial crash, but belief in chief executives as credible spokespeople has slumped for the third consecutive year.
The Rest…HERE
