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Story summary
- The 2026 Munich Security Report describes the global order as in crisis, calling it "wrecking-ball politics."
- It states that the post-war framework established in 1945 is inadequate for today’s economic diffusion, environmental limits, and political fragmentation.
- Rising Western populism challenges multilateral institutions, which are seen as outdated.
- Current governance remains state-centric and struggles to address technology-driven, interconnected problems.
