Tag

Crisis Of Confidence

All articles tagged with #crisis of confidence

politics2 years ago

"Democracy's Dwindling Trust: Western Democracies Grapple with Pre-Election Crisis"

A recent poll conducted in seven Western countries, including the United States, France, and the United Kingdom, reveals that a majority of voters believe their democracy is in worse shape than it was five years ago. The poll shows widespread dissatisfaction with the current state of democracy, with many respondents perceiving the system as rigged in favor of the rich and powerful and calling for radical change. While there is mixed sentiment towards the European Union, with a majority in favor of it but dissatisfied with its democratic state, satisfaction with democracy at the local level is higher. These findings pose a challenge for EU leaders as they prepare for upcoming elections and seek to restore positive perceptions of EU institutions.

finance2 years ago

Regional US Banks Bounce Back from Crisis of Confidence

Shares of US regional banks, including PacWest Bancorp, Western Alliance Bancorp, Fifth Third Bancorp, Comerica Inc, and KeyCorp, rose as investors tried to look past the crisis of confidence brought on by the collapse of three banks in two months. The KBW Regional Banking Index, which had lost 13.7% so far this month, rose 2%. Despite deposits rising, investors have remained wary of any reassurances from analysts and regulators on the stability of the regional banks. Deposits at US banks climbed to $17.16tn in the week ended May 3, up about $67bn to mark the first increase in four weeks.