The Old World is a reference to those parts of Earth known to Europeans before the voyages of Christopher Columbus; it includes Europe, Asia and Africa.
Many other terms still need to be replaced. The “ark” of the covenant was a box. “Righteousness” (tsedeq) can mean “innocence,” “integrity” or “honesty”: a “covenant” is a treaty. “Salvation” very often means no more than “safety” or “security.”
Something is wrong here. War, disease, death, destruction, hunger, filth, poverty, torture, crime, corruption, and the Ice Capades. Something is definitely wrong. This is not good work. If this is the best God can do, I am not impressed.