Global Scans · Trust · Weekly Summary

WHAT'S NEXT?: Trust in politicians and experts is falling fast. Privacy is under threat and may lead to a collapse of confidence in technology as the world is increasingly networked. Unless reliability, integrity, and surety can keep pace with accelerating change trust in anything but oneself may disappear.

• [New] The conflict in the Middle East is weighing on the short-term growth outlook, with energy price shocks and uncertainty proving stronger and more persistent than previously expected, further reducing purchasing power and confidence. European Central Bank
• [New] Bemotrizinol has been used safely in Europe for decades, and FDA's action will increase competition and consumer confidence in sunscreen productsm. Refractor
• [New] Towards the end of the projection horizon, the reduction in energy commodity prices, a recovery in real disposable income and improving confidence imply slightly stronger growth in 2028. European Central Bank
• [New] The Fed could eventually gain more confidence that inflation risks are diminishing. Kalkine
• [New] Heightened volatility in global financial markets could constrain Australian banks' ability to raise or roll over offshore funding, although reliance on international funding has declined since the global financial crisis (Graph 4). Reserve Bank of Australia
• [New] Given India's continued reliance on imports of wafers and ingots, any geopolitical restrictions on technology or machinery supplies for backward integration remain a significant risk. Upstox
• [New] Implementing a robust digital trust security framework has emerged as a non-negotiable strategic pillar for Thai enterprises due to mounting cyber threats and tight regulatory requirements. iReadCustomer
• [New] Smaller businesses continue to show great resilience and determination to succeed and thrive, creating jobs and investment across the UK, although economic growth will require greater confidence to invest in new capacity and capability. British Business Bank
• [New] Stability between Beijing and Washington increases confidence that trade routes, shipping lanes and investment flows will remain functional. The Times
• [New] Exposure to threats will continue to grow as reliance on technologies managed by TPSPs, such as cloud computing, file transfer systems, artificial intelligence, and fintech solutions, continues to grow. Insurance Journal
• [New] The trust McKinsey's 2026 AI Trust Survey shows companies to be able to invest in the building of a trust infrastructure (including measurement and governance) for their AI projects will build them faster as well as reduce the number of compliance problems they have. Forbes
• [New] UK banks still lacked access to Anthropic's Mythos model for cyber-risk testing, keeping financial-sector assurance questions unresolved in the United Kingdom. Digital Forensics Magazine
• [New] ESMA, the European Securities and Markets Authority, emphasized that mitigation of cyber risks and assurance of digital resilience remain focus topics of supervisory efforts in 2026. Financial Regulatory News Blog Germany
• [New] By 2026, boards that fail to rethink how agendas are designed risk spending their limited time on assurance rather than influence. Board Ready
• [New] Telcos are lagging other sectors in adopting measures to improve trust in AI: only 59% of telcos say they have a robust methodology for identifying, assessing and mitigating risks associated with AI, against 66% of all respondents. TMForum
• [New] Among right-wing respondents, a particularly high level of confidence was recorded, with eight in ten believing that residents of the Gaza border area will be able to feel secure. The Jewish People Policy Institute - Action Strategies
• [New] In the US, the FDA deems the heavy reliance on China and India for sourcing APIs [active pharmaceutical ingredients] as a national security and public health risk due to limited oversight. DairyReporter.com
• [New] AI continues to be a priority topic for regulators with APRA outlining expectations on AI governance, risk and assurance and ASIC calling for action on cyber resilience in response to the impact that new advances in AI technologies could have on security vulnerabilities. KPMG
• Civil aviation occupies a unique psychological and political space because: civilian airliners symbolize international stability; aviation safety relies on trust in global systems; governments are expected to guarantee passenger safety; aviation accidents generate enormous public attention. Robert Lansing Institute
• By 2028, 50% of organizations will adopt a zero-trust approach to data governance as unverified AI-generated data continues to grow. fortinet

Last updated: 15 June 2026