Speaking at the Raisina Dialogue 2026, Alexander Stubb, President of Finland, shared his perspective on the changing global order and the rising challenges of a multipolar world. Stubb noted that while multipolarity has expanded agency for many nations, the current global environment—marked by conflicts in the Middle East, Ukraine, and Sudan—shows that the cost of multipolarity is becoming increasingly high for global peace and security. He suggested the world may be entering a new multilateral moment, where nations must cooperate more deeply to address shared crises. Stubb also raised questions about whether the United States is gradually detaching from the traditional “global West,” highlighting the shifting dynamics shaping international politics today.