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Historian Niall Ferguson has long argued that the world is in a new Cold War. Now he says there are signs of “détente” between the US and China, drawing parallels to the 1970s thaw in the Cold War between the West and the Soviet Union, and how this could play to the West’s advantage. Speaking to DW’s Richard Walker at the 2024 Munich Security Conference, he argues that the Biden administration has made a mess of Middle East policy, and urges Germany to take defense spending more seriously in the light of the threat from Russia well beyond its war against Ukraine.Credit DW News