Defence Finance Monitor

Defence Finance Monitor

The 'Phase Transition' of the International Order

Jan 22, 2026
∙ Paid
The old order is not coming back,' Carney says in provocative speech at  Davos | CBC News

The easing of transatlantic tensions observed at Davos should not be interpreted as a restoration of the previous equilibrium. Even the hypothetical possibility that the United States might shift from a benign order-producing power to a source of coercion toward its own allies fundamentally alters strategic expectations. Once the reliability of the cent…

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