It's a new reality, Shankar.

The EU must defend itself, beginning with Ukraine. Although this will be difficult and costly, alliances with the UK, Japan, Canada, Australia, New Zealand, and others will spread the burden and strengthen the pact.

Trump has likely unleashed the political will to tap the Russian hundreds of billions of dollars held in a European bank and help pay the cost.

Apart from pushing back Putin, a significant benefit could be increased unity of Europe, more efficiency, trade, and prosperity.

Excellent piece. Best.