Uploaded February 2026 | Updated September 2026, 3 hours ago

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As US commitment to its allies comes into question, defence budgets are surging across Europe and beyond.

But Ely Ratner asks if much of that spending may be going toward duplicating capabilities the US already provides — hedging, self-reliance, strategic autonomy — rather than filling genuine gaps in collective defence.

Watch the full live stream of the event here: youtube.com/live/1tEtR_taqbQ