(Oct 12): The coronavirus pandemic has shown there’s a leadership deficit around the world, according to a survey which said more people trust companies over their governments to keep economies going during the crisis. More than 29,000 people from 27 countries participated in the ‘The Listening Project’ survey between February and October. “While Covid-19 is a public health crisis, it has also been a contagion across many other socio-economic challenges and government institutions,” said John Gerzema, chief executive officer of the Harris Poll. At least two-thirds of respondents said the economic impact of the pandemic had a bigger effect on their lives than the coronavirus itself. Global extreme poverty is expected to increase this year for the first time since the Asian financial crisis more than two decades ago, the World Bank said.

Source: The Edge Markets October 12, 2020 15:56 UTC