On What Really Matters, Walter Russell Mead discusses Donald Trump’s take-it-or-leave-it Ukraine deal, why he walked back threats against China and the Federal Reserve, what the terror attack in Kashmir means for Narendra Modi’s India, and the legacy of Pope Francis.
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Bucket-wheel excavators mine rare earth materials on Ukrainian soil on February 25, 2025, in the Zhytomyr region of Ukraine. (Kostiantyn Liberov via Getty Images)