Walter Russell Mead discusses the American Southwest’s pumping more crude oil than Kuwait, the International Criminal Court’s threat to arrest Israeli officials, the financial industry’s exodus from New York and California, and how support for Hamas could split the Democratic coalition on What Really Matters.
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The Taiwan Semiconductor Manufacturing Company’s Fab 20, which specializes in the production of 2-nanometer advanced chips, in Hsinchu, Taiwan, on March 28, 2026. (Getty Images)