And I will punish the world for their evil, and the wicked for their iniquity; and I will cause the arrogancy of the proud to cease, and will lay low the haughtiness of the terrible.
I will punish the world - the wicked of the world (cf. Isaiah 11:4).
I will cause the arrogancy of the proud to cease - Babylon's besetting sin, as exhibited in Nebuchadnezzar (Daniel 4:22; Daniel 4:30).
The terrible - rather, tyrants (Horsley).