Trump slams Carney in Davos
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Prime Minister Mark Carney’s Davos speech warning that the rules-based world order is fading drew widespread praise at home and abroad, with supporters applauding his call for middle powers to unite against coercive economics and unchecked global power.
The Canadian leader warned that middle powers need to stand together or they’ll find themselves “on the menu.”
In a speech at the World Economic Forum in Davos, Switzerland, Carney said: "Middle powers must act together because if we're not at the table, we're on the menu."
S&P 500 futures rose during President Trump’s speech at the World Economic Forum in Davos. Among the highlights of his address, Trump touted the U.S. economy and said the U.S. would seek to acquire Greenland.
Prime Minister Mark Carney got a standing ovation in Davos for starkly describing the end of Pax Americana. He is looking for new allies to help his country survive it.