A new world order has been declared and described by Canada’s Mark Carney. Is he right, and if so, is there room in it for Britain?

Davos, that alpine gathering of the great and the good, is normally a predictably dull affair. To give you a flavour of its worthiness, consider the formal title for the 2020 summit: Stakeholders for a Cohesive and Sustainable World. Inspiring stuff.

In recent years this jamboree has concerned itself with all the acceptable tropes of contemporary business and diplomatic niceties; net zero, sustainability, diversity, inclusive growth, you get the picture. 

This year, those comfortable topics have been shunted down the running order – as they have been in many boardrooms of late – not least because the conference kicked off under the cloud of Donald Trump’s threats to annex Greenland and blackmail European countries that stood in his way. 

In that context, the President’s speech at Davos yesterday was eagerly anticipated. But it was a speech given the day before, by Canadian Prime Minister Mark Carney, that really got people talking. 

News Updates

Stay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.

If you want an original,........

© City A.M.