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World leaders at Davos declare the end of the global order amid US disruption

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Leaders speaking on the first day of the World Economic Forum (WEF) in Davos have declared the end of the “global order as we know it,” driven by the actions of the US administration under Donald Trump.

In his address to the forum, Canadian Prime Minister Mark Carney stated that the rules-based international order is experiencing “not a transition, but a rupture,” calling on the world’s “middle powers” to unite in response.

Carney did not mention Trump by name, yet his speech received a standing ovation from attendees. The Canadian leader pointed out that the global order centered on “American hegemony” is now a “fiction,” stating that the era of multilateralism has ended with groups like the World Trade Organization and the UN having been “largely weakened.”

Carney spoke as follows:

“Canadians know that our old, comfortable assumption that our geography and alliance memberships automatically provide prosperity and security is no longer valid. Let me be clear. We are not in a period of transition; we are in the midst of a rupture.”

“You cannot live in the lie of mutual benefit through integration when that integration has become the source of your subservience,” Carney said.

Accusation of “economic coercion” against the US

Argued that major powers have recently begun weaponizing economic integration—using tariffs as tools of pressure, financial infrastructure as instruments of coercion, and supply chains as vulnerabilities to be exploited—Carney called on countries to begin openly condemning economic coercion even when applied by allies, a remark that served as another clear reference to the US.

The Prime Minister stated, “The old order is not coming back.”

Urging “middle powers,” including Canada, to cooperate with one another, the Canadian Prime Minister said, “If you are not at the table, you are on the menu. Nostalgia is not a strategy. But we believe we can build something bigger, better, stronger, and fairer from this rupture.”

Carney, whose Liberal Party won the election last year on a pledge to protect Canada from US tariffs, attempted to appease Trump while conducting trade agreement negotiations with him.

High-level European political figures praised Carney’s comments at the WEF. Alastair Campbell, adviser to former UK Prime Minister Tony Blair, wrote on X, “The speech today was true leadership.” Carl Bildt, co-chair of the European Council on Foreign Relations and former Prime Minister of Sweden, called it “very significant.”

As Ottawa seeks to diversify its relationships away from US trade, Carney traveled to Beijing last week for a historic meeting with Chinese President Xi Jinping, the first such encounter in nearly a decade.

Speaking to reporters during the visit, he said that China is a more “predictable” partner than the US and that the Canada-China partnership is part of the emerging “new world order.”

Call from Canadian leader for “middle powers” to act together

Quoting the famous ancient Greek historian Thucydides and Václav Havel at Davos, the Canadian leader said that countries like Canada must change course to avoid further “coercion” by powerful actors:

“When the rules no longer protect you, you must protect yourself. But let us see clearly where this leads. A world surrounded by fortresses will be poorer, more fragile, and less sustainable.”

Carney stated, “Canada strongly opposes the tariffs regarding Greenland and demands focused discussions to achieve our shared goals of security and prosperity in the Arctic.”

As an example of cooperation among middle powers, Carney said that Canada is strictly committed to the collective defense of Greenland within the scope of NATO. The Prime Minister said, “On the matter of Arctic sovereignty, we stand with Greenland and Denmark, and we fully support Greenland’s unique rights to determine its future.”

Carney’s fundamental argument was that middle powers should join forces rather than competing to curry favor with major powers:

“When we engage in only bilateral negotiations with a hegemonic power, we negotiate from a weak position. We accept what is offered. This is not sovereignty. This is obeying while accepting sovereignty.”

The Prime Minister said that middle powers must establish new institutions among themselves, strengthen their domestic economies, diversify international trade, and work together in coalitions—not bilaterally—in their relations with major powers:

“Instead of waiting for a great power to rebuild the order it destroyed with its own hands, create institutions and agreements that work as advertised. This is not naive multilateralism. Nor is it relying on weakened institutions. It is building coalitions that work, issue by issue, with partners who share enough common ground to act together.”

Promise of a joint response from von der Leyen

Earlier in the day, European Commission President Ursula von der Leyen told the World Economic Forum that the economic pressures threatened by Trump to seize Greenland were a mistake and warned that the EU’s response would be “decisive, united, and proportional.”

Von der Leyen pushed back against Trump’s threat to impose a 10% tariff on European allies and the UK until allowed to annex Greenland, as well as the warning that tariffs would rise to 25% in June.

Von der Leyen stated that the EU shares US concerns regarding the protection of Greenland and is ready to increase spending and protective measures there.

Stating that the “sovereignty and integrity” of Danish territory is “not open for debate,” von der Leyen said Brussels is working on a “major wave of European investment” in Greenland.

The Commission President said, “Hand in hand with Greenland and Denmark, we will explore how we can further support the local economy and infrastructure. We will work for broader Arctic security with the US and all partners.”

Arguing that “geopolitical shocks” could be an opportunity for Europe, von der Leyen said, “To me, the profound change we are experiencing today is an opportunity, even a necessity, to forge a new form of European independence”:

“Trying to buy time and hoping the situation will improve soon will not eliminate our structural dependencies. My point is this: If this change is permanent, Europe must also change permanently. It is time to seize this opportunity and build a new, independent Europe.”

Arguing that this new Europe is already emerging, von der Leyen cited the recent EU-Mercosur trade agreement as a sign of this. She said she would travel to India after Davos to negotiate an agreement with that country as well. Stating that a market of 2 billion people would be created through agreements made or to be made with countries such as Indonesia, the Philippines, Mexico, Australia, Thailand, and the UAE, alongside Latin America and India, von der Leyen noted that these would account for one-quarter of the world’s total GDP.

Macron: A world where rules are upended

Taking the podium wearing dark glasses due to illness, French President Emmanuel Macron stated it was clear that an era of “instability and imbalance” had begun in terms of both security and defense, as well as the economy.

Noting a “shift from democracy toward autocracy,” Macron argued that there is more war, that conflicts have normalized and become more complex, spreading to new demands, space, digital information, the cyber realm, and trade.

Emphasizing that there is also a shift toward a world without rules, the French leader continued:

“A world where international law is trampled underfoot and the only valid rule is the rule of the strongest. And imperial ambitions are resurfacing. Clearly, Russia’s war against Ukraine, which will enter its fourth year next month, and the conflicts continuing in the Middle East and Africa.”

According to Macron, this also signifies a slide toward a world where there is no “effective collective governance,” where “multilateralism” is weakened by powers that obstruct it or distance themselves from it, and where “rules are upended.”

Making a direct reference to the US, Macron noted that competition conducted by Trump through trade agreements that harm export interests, demand maximum concessions, and openly aim to weaken and subjugate Europe is combined with the endless accumulation of “new tariffs that are fundamentally unacceptable and become even more unacceptable when used as a tool of pressure against territorial sovereignty.”

Search for “rebalancing” with China on the table

Touching on China as well, Macron argued that competition from there poses a threat of upending entire industrial and trade sectors due to “massive overcapacity and disruptive practices.”

Suggesting that the solution to the problem is “more cooperation,” the French leader said that establishing greater “economic sovereignty and a strategic economy,” particularly for Europeans, is the fundamental answer.

Arguing that there are two approaches today, Macron called the first the vassal and colonial approach that accepts “the law of the strong,” noting that this is unacceptable.

Stating that the second is to adopt a “purely moral stance” and “limit ourselves to commenting,” Macron said, “This too would condemn us to marginalization and powerlessness.”

Macron stated that France and Europe, facing the “brutalization of the world,” must defend “effective multilateralism,” noting that this serves the interests of both Europe and everyone who refuses to bow to the use of force.

Arguing that “rebalancing” with China is crucial, Macron noted the following:

“Our door is open to China, but what we need is for more Chinese foreign direct investment to be made in certain key European sectors to contribute to growth and transfer certain technologies. Not to export to Europe certain devices or products that sometimes do not share the same standards as those produced in Europe or are much more heavily subsidized. This is not protectionism, it is simply restoring a level playing field and protecting our industry.”

Believing that Europe needs “simplification,” Macron called for the elimination of certain new regulations that prevent the EU from being “synchronized.” Stating that the deepening of the single market must also be accelerated in this context, Macron said, “In all sectors, the population and consumer market of 450 million must be the domestic market for all EU companies.”

Diplomacy

Vance leads indirect push for US-Iran ceasefire and nuclear talks

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US Vice-President JD Vance has been personally involved over the past two weeks in indirect talks with Iran aimed at securing a fresh ceasefire and restarting nuclear negotiations.

According to Axios, Vance’s intense engagement indicates that he has taken it upon himself to extract the US from the conflict, which he views as responsible for the Republican Party’s shocking losses in this week’s elections.

This elevates the latest round of indirect talks to the highest echelons of the administration.

US officials and regional sources state that Trump is currently willing to let diplomatic efforts run their course to see whether any agreement is achievable.

Asked by reporters on Friday what his message was to Iran, Trump said, “We are talking to them.”

According to sources with direct knowledge of the matter, Vance speaks almost daily with Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani, Pakistan’s Chief of Army Staff Field Marshal Asim Munir, and other mediators regarding the negotiations with Iran.

White House envoy Steve Witkoff and Jared Kushner, President Trump’s adviser and son-in-law, are also involved in the process.

Sources say Vance and the Qatari and Pakistani mediators have been discussing the possibility of holding a working-level technical meeting between the US and Iran in the coming days, though this has not yet materialized.

Before the war began in late February, Vance was among the most sceptical voices in Trump’s inner circle on the issue, advocating instead for a diplomatic solution.

In April, he led the US negotiating delegation at the Iran summit held in Islamabad and was personally involved in the talks that yielded a memorandum of understanding (MOU) signed between the US and Iran in June.

Vance subsequently headed the US delegation during a series of direct talks with Iran in Switzerland.

Two weeks ago, Vance sent a letter to Mohsen Rezaei, Secretary of Iran’s Supreme National Security Council, proposing that direct negotiations resume.

Rezaei is one of the closest advisers to Iran’s Supreme Leader, Mojtaba Khamenei.

Iranian officials noted that Vance’s letter generated positive momentum toward restarting talks.

On Wednesday, Vance said the war was the primary reason for the Republicans’ repudiation at the polls.

Sources involved in mediation efforts report that while progress is being made, the process is moving very slowly.

On Friday evening, the prime minister of Qatar said, “Over the past few weeks, we worked with our colleagues in the US administration who have a sincere intention to contain the situation and de-escalate. Thanks to them and the voices of reason in Tehran, we prevented the situation from spinning out of control.”

The prime minister added that discussions with the Trump administration continued following the midterm elections, though they were not as active as in previous days “because there are other matters.”

Nevertheless, he noted that the US intention to find a diplomatic resolution “remains ongoing” and emphasized that an agreement is possible.

On Friday morning, Trump and the Emir of Qatar discussed Qatari efforts to bridge differences between the US and Iran as part of an accord.

According to a statement from his office, Sheikh Tamim emphasized the necessity of “pursuing dialogue and diplomatic channels to resolve differences, prevent the region from facing further escalation, and ensure freedom of maritime navigation as well as the security of energy supplies.”

Separately, Trump confirmed on Friday that the US military conducted a strike on an anti-aircraft missile launcher on Qeshm Island in the Strait of Hormuz after it fired a missile at a US fighter jet.

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Ukraine faces demographic collapse as fertility rates slide

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British magazine The Economist reported that mobilization, conflict casualties, and pervasive uncertainty have left Ukraine confronting the threat of demographic collapse.

According to data cited by the magazine, Ukraine’s fertility rate has declined from 1.2 children per woman in 2020 to between 0.8 and 0.9.

This rate marks a lower level than that of any major nation except South Korea.

In the first half of 2026, the number of deaths in Ukraine surpassed the number of newborn babies threefold.

The report noted that ever since independence was gained in 1991, the number of births in the country has lagged behind the number of deaths every year.

The Economist emphasized that the demographic collapse driven by the ongoing fighting constitutes an “existential threat.”

The magazine identified mass refugee migration as the principal driver of the population loss.

More than 5 million Ukrainians reside abroad, predominantly in Europe.

The proportion of those wishing to return among those who left the country is also steadily shrinking.

According to data from the Centre for Economic Strategy (CES), the share of those seeking to return dropped from 74% in 2022 to 43%.

The fact that the majority of refugees consist of Ukrainian children and women under the age of 44 further aggravates the demographic picture.

The Kyiv government decided to exempt men under the age of 25 from mobilization to alleviate the demographic decline.

The magazine reported, however, that many young people have fled the country, while those who remain do not plan to start families.

Projections cited in the report indicate that even if hostilities cease in the coming years, Ukraine can, at best, expect merely a deceleration of depopulation.

Olga Duhnich, an expert at the Ukraine-based think tank Frontier Institute, stated that the generation born in the 1990s and 2000s is the least populous in Ukraine’s modern history, meaning the country cannot expect a post-conflict baby boom.

The United Nations (UN) projects that Ukraine’s population will decline by 0.7% to 0.9% each year over the next two decades.

Under this projection, Ukraine’s population will fall to approximately 25 million by 2040.

If hostilities drag on, people are expected to abandon plans to have children, deepening the crisis even further.

Beyond exempting men under 25 from mobilization, the Kyiv government is rolling out various support packages to boost birth rates.

Under legislation enacted in the country, parents who have children receive a direct payment of 50,000 hryvnias (around $1,100).

Parents are also paid 7,000 hryvnias each month during the first year.

Other state programmes subsidize childcare costs, while Ukrainian soldiers are granted free freezing of egg and sperm cells.

Ukrainian Minister of Social Policy Denis Ulyutin said in May to the Livyi Bereh media outlet that roughly 22 to 25 million people lived in government-controlled territories.

Ulyutin characterized the prevailing picture by saying: “This is a catastrophe.”

Ella Libanova, Director of the Institute for Demography and Quality of Life Research, estimated the population at 29 million during the same period.

Libanova attributed the steep fall from a population of 30 million in 2025 to high death rates and the demographic crisis.

In a statement in October, Libanova announced that Ukraine’s population had slipped to 28.5 million.

Institute Director Libanova said: “The population is already at 28.5 million; we lost half a million people. We lost them, but thankfully this was still caused by migration rather than casualties.”

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Armenian opposition urged to form joint front against constitution

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Narek Karapetyan, a lawmaker and head of the Strong Armenia faction in the Armenian parliament, has urged opposition parties to unite around four core principles set out in a joint declaration.

The key points of the declaration include resisting territorial concessions and blocking the adoption of a new constitution, which the opposition has termed the “Aliyev constitution”.

According to a report by Aysor.am, Narek Karapetyan stated that the opposition meeting was originally planned to be led by his uncle, businessman and Strong Armenia movement leader Samvel Karapetyan.

“We initiated the meeting, but the authorities took preemptive steps to prevent Samvel Karapetyan from launching the national unification process,” Narek Karapetyan said.

Noting that, despite these events, opposition representatives convened and signed a joint declaration based on four agreed articles, Narek Karapetyan invited other opposition forces and members of the public to join the alliance.

“We will not allow them to implement the Aliyev constitution in Armenia. We must unite,” Karapetyan said.

Ahead of these developments, Armenian National Security Service personnel detained Strong Armenia Party leader Samvel Karapetyan following a search of his home.

The party’s press secretary, Agavni Sukiasyan, announced that on the morning of the same day, the Investigative Committee of Armenia searched the homes of both Samvel Karapetyan and Narek Karapetyan.

In a report citing the Investigative Committee, Armenpress stated that Samvel Karapetyan was detained as part of a case involving allegations of causing large-scale financial damage to the Electric Networks of Armenia (ENA) company, embezzling entrusted property, and money laundering.

According to committee figures, the total damage inflicted on the company exceeds $179 million.

Narek Karapetyan’s home was also searched at the end of July as part of a criminal case.

On 22 July, Armenia’s Central Electoral Commission approved the Prosecutor General’s request to strip Narek Karapetyan of his parliamentary immunity, and Karapetyan was charged with large-scale money laundering.

According to information reported by Sputnik Armenia, the investigation is linked to charges brought against Strong Armenia supporter Aleksan Aleksanyan.

Investigative authorities allege that Aleksanyan received approximately $4.4 million and €230,000 from the Karapetyan-owned Tashir Foundation under the guise of gifts and loans.

Several criminal cases had previously been opened against Samvel Karapetyan.

In 2025, Karapetyan was charged with publicly calling for the violent seizure of power after backing the Armenian Apostolic Church, which had been criticized by Armenian Prime Minister Nikol Pashinyan.

In January, legal proceedings were also launched against Karapetyan on charges of large-scale tax evasion and money laundering.

Separately, in early July 2025, the Armenian parliament approved a bill enabling the nationalization of the Electric Networks of Armenia company.

In March, Armenia’s Constitutional Court ruled that the nationalization process in question complied with the law.

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