The scene in Kyiv earlier this month recalled the darkest days of oligarchic rule. U.S. Treasury Secretary Scott Bessent slipped a piece of paper across the table to Volodmyr Zelensky. 'You really need to sign this,' Bessent told the Ukrainian president, according to The Wall Street Journal. The document was a deal to give the United States the rights to hundreds of billions of dollars' worth of Ukraine's minerals. When Zelensky said that he needed time to consider the proposal, Bessent pushed the paper closer to him and warned that 'people back in Washington' would be very upset. The Trump administration was operating in the old spirit of the kleptocrats who built fortunes in Ukraine and Russia at the dawn of the post-Communist era, wielding veiled threats to bully the nation's leader into hastily handing over precious resources in a shady deal. To Zelensky's credit, he did his best to resist Bessent's pressure. 'I can't sell our state,' he explained. It was as if he had actually...
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