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Mark Carney rips up the Davos fairytale

The Canadian prime minister said the international rules-based order was dead

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Latika M Bourke
Jan 21, 2026
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Mark Carney had proffered a rare thing in world politics these days — honesty.

In a speech to remember, the former central banker-turned-Canadian prime minister told the world’s elites gathered in Davos that the ‘rupture’ of the world order was the ‘end of a nice story’ that had ushered in a ‘brutal reality’ whereby great powers were not subject to any c…

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