Florida resident Valentine Lugo casts his mail-in ballot at the Winter Garden Library polling station as early voting begins ahead of the election in Orlando. Reuters
Florida resident Valentine Lugo casts his mail-in ballot at the Winter Garden Library polling station as early voting begins ahead of the election in Orlando. Reuters
Florida resident Valentine Lugo casts his mail-in ballot at the Winter Garden Library polling station as early voting begins ahead of the election in Orlando. Reuters
Florida resident Valentine Lugo casts his mail-in ballot at the Winter Garden Library polling station as early voting begins ahead of the election in Orlando. Reuters

Millennials more disillusioned with democracy than any generation in a century, study finds


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Young people are less satisfied with democracy and more disillusioned than at any other time in the past century, especially those in Europe, North America, Africa and Australia, a study by the University of Cambridge has found.

Millennials, people born between 1981 and 1996, are more disillusioned than Generation X, those born between 1965 and 1980, or baby boomers, born between 1946 and 1964, and the interwar generation of 1918 to 1943.

"Around the world, younger generations are not only more dissatisfied with democratic performance than the old, but are also more discontented than previous generations at similar life stages," the study found.

Protests around the world 

Dissatisfaction is highest in the US, Brazil, Mexico, South Africa, France, Australia and the UK.

But satisfaction has increased in Germany, South Korea and many of the former communist countries of Central and Eastern Europe.

The main reason behind the disillusionment with democracy among young people was inequality of wealth and income, the report said.

It cited figures that show millennials make up about 25 per cent of the US population but hold only 3 per cent of the wealth.

Baby boomers held 21 per cent of the wealth at the same age.

"This is the first generation in living memory to have a global majority who are dissatisfied with the way democracy works while in their twenties and thirties," said Dr Roberto Foa, lead author of the report.

"By their mid-thirties, 55 per cent of global millennials say they are dissatisfied with democracy, whereas under half of Generation X felt the same way at that age.

"The majority of baby boomers, now in their sixties and seventies, continue to report satisfaction with democracy, as did the interwar generation."

The study suggested the populist challenge to mainstream establishment politics could help to improve democratic engagement by shocking moderate parties and leaders into reversing the decay.

The Cambridge Centre for the Future of Democracy delved into data from more than 4.8 million respondents from 160 countries between 1973 and 2020.

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COMPANY%20PROFILE
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Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

UAE currency: the story behind the money in your pockets
Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

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Volvo ES90 Specs

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Power: 333hp, 449hp, 680hp

Torque: 480Nm, 670Nm, 870Nm

On sale: Later in 2025 or early 2026, depending on region

Price: Exact regional pricing TBA

The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

War 2

Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana

Rating: 2/5

Dhadak 2

Director: Shazia Iqbal

Starring: Siddhant Chaturvedi, Triptii Dimri 

Rating: 1/5

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

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The Facility’s Versatility

Between the start of the 2020 IPL on September 20, and the end of the Pakistan Super League this coming Thursday, the Zayed Cricket Stadium has had an unprecedented amount of traffic.
Never before has a ground in this country – or perhaps anywhere in the world – had such a volume of major-match cricket.
And yet scoring has remained high, and Abu Dhabi has seen some classic encounters in every format of the game.
 
October 18, IPL, Kolkata Knight Riders tied with Sunrisers Hyderabad
The two playoff-chasing sides put on 163 apiece, before Kolkata went on to win the Super Over
 
January 8, ODI, UAE beat Ireland by six wickets
A century by CP Rizwan underpinned one of UAE’s greatest ever wins, as they chased 270 to win with an over to spare
 
February 6, T10, Northern Warriors beat Delhi Bulls by eight wickets
The final of the T10 was chiefly memorable for a ferocious over of fast bowling from Fidel Edwards to Nicholas Pooran
 
March 14, Test, Afghanistan beat Zimbabwe by six wickets
Eleven wickets for Rashid Khan, 1,305 runs scored in five days, and a last session finish
 
June 17, PSL, Islamabad United beat Peshawar Zalmi by 15 runs
Usman Khawaja scored a hundred as Islamabad posted the highest score ever by a Pakistan team in T20 cricket

UAE currency: the story behind the money in your pockets

Electoral College Victory

Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate. 

 

Popular Vote Tally

The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.

Like a Fading Shadow

Antonio Muñoz Molina

Translated from the Spanish by Camilo A. Ramirez

Tuskar Rock Press (pp. 310)