Since February 24, 2022, Europe has been shaken by Russia’s war of aggression against Ukraine, a conflict whose ramifications and risks of escalation are of global importance. The Hamas terrorist attack on Israel on October 7, 2023 has taken on similar significance for the Middle East where the threat of a regional conflagration looms. At the same time, the United Nations Security Council is in a state of paralysis. Interest-led minilateralism is replacing institution-oriented multilateralism. In a nutshell: The world is rudderless.