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Carney Warns: Post-Cold War Order Has Collapsed

1/30/2026

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Story summary
  • Prime Minister Mark Carney (Canada) spoke at the World Economic Forum in Davos on January 20, 2026, warning that the post-Cold War international system has collapsed.
  • He described the era as "variable geometry" in which great powers use economic integration as a weapon.
  • Carney urged middle-sized countries to diversify to reduce coercion.
  • He criticized nostalgia for the rules-based order as not viable, noting economic fragmentation and realignments.