The Rachman Review

Mark Carney on a world in rupture — and what comes next

29 snips
Jan 21, 2026
Mark Carney, Former Governor of the Bank of England and now Canada's Prime Minister, discusses the current 'rupture' in global order post-speech at Davos. He analyzes how globalization has been weaponized and the implications for nations. Carney explains Canada's resilience against U.S. pressures and emphasizes the need for new partnerships among like-minded countries. He also addresses NATO's challenges, Arctic security, and the importance of strategic engagement with China for mutual benefits.
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INSIGHT

Global Order Is In Rupture

  • Mark Carney argues the post-war rules-based order is in 'rupture' because integration has become a source of subordination.
  • He warns great powers now weaponize integration via tariffs, finance, and supply chains.
ADVICE

Build Strategic Autonomy Now

  • Do build strategic autonomy in energy, food, critical minerals, finance and supply chains to protect sovereignty.
  • Carney says middle powers must strengthen domestic resilience and act together with like-minded partners.
INSIGHT

Calibrate Relationships By Values And Strength

  • Canada will calibrate relationships so depth reflects shared values rather than default alignment.
  • Carney frames influence as combining values with the value of strength at home.
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