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Carney calls on middle powers, including Australia, to act together
Summary
Mark Carney told the World Economic Forum that the rules-based international order is undergoing a "rupture" and urged middle powers, including Australia, to band together.
Content
Mark Carney's speech at the World Economic Forum in Davos was presented as a frank diagnosis of the state of global governance and a call for action by middle powers. The article reports he described the current period as a "rupture" in the rules-based international order. It says he urged middle powers to act together so they are not sidelined. The piece also links the remarks to concerns about recent US actions and the need for greater strategic autonomy.
Key points:
- The article reports Mark Carney described the international order as undergoing a "rupture" and called on middle powers to act together.
- It states multilateral institutions such as the WTO, the UN and the COP are under direct challenge, and that some countries are seeking greater strategic autonomy in energy, food, critical minerals, finance and supply chains.
- The article reports that the United States has withdrawn from 66 international agencies and cites a reported US proposal for a paid "Board of Peace" with seats offered for a fee.
- The article argues Australia should reassess long-term strategic planning, reduce short-term political approaches, and pursue cooperation with other middle powers.
Summary:
The article frames Carney's remarks as highlighting a shift in how global power operates and as a call for middle powers to coordinate more closely. Undetermined at this time.
