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5 stories that engaged and informed FP readers this week. [VIEW IN BROWSER]( [The USS Bataan during Fleet Week in New York City on May 25, 2022. ]( [The U.S. Navy Can’t Build Ships]( Decades of deindustrialization and downsizing have left America without shipyards to build and maintain a fleet. By Gil Barndollar, Matthew C. Mai [U.S. Treasury Secretary Janet Yellen speaks to reporters alongside Ukrainian Prime Minister Denys Shmyhal on the sidelines of the IMF-World Bank spring meetings in Washington, D.C., on April 17. ]( [The U.S. Still Has a Lend-Leash Act for Ukraine]( Washington is finding ways to get Kyiv more money—but keeps it hamstrung from actually fighting the war. By Keith Johnson [An Israeli soldier rests his head on the gun barrel of a self-propelled artillery howitzer as Israeli soldiers take positions near the border with Gaza in southern Israel on October 9, 2023. ]( [Why Realists Oppose the War in Gaza]( If you’re surprised by the movement’s position, you never really understood it. By Stephen M. Walt [U.S. Gen. Charles Q. Brown Jr., the chairman of the Joint Chiefs of Staff, testifies before the Defense Department subcommittee of the Senate Appropriations Committee on budget issues for the 2025 fiscal year, seen in Washington, D.C., on May 8. ]( [The Pentagon Isn’t Buying Enough Ammo]( Munitions procurements are woefully insufficient for modern war. By Stacie Pettyjohn, Hannah Dennis [Taiwanese President Lai Ching-te (center), first lady Wu Mei-ju (far left), and Vice President Hsiao Bi-khim (right) gesture after his inaugural speech at the Presidential Office Building in Taipei on May 20.]( [Taiwan’s New President Pledges Not to Yield to China]( Lai Ching-te, inaugurated on Monday, received a relatively mild response from Beijing. By James Palmer [The U.S. Navy Can’t Build Ships]( Decades of deindustrialization and downsizing have left America without shipyards to build and maintain a fleet. By Gil Barndollar, Matthew C. Mai [The U.S. Still Has a Lend-Leash Act for Ukraine]( Washington is finding ways to get Kyiv more money—but keeps it hamstrung from actually fighting the war. By Keith Johnson [Why Realists Oppose the War in Gaza]( If you’re surprised by the movement’s position, you never really understood it. By Stephen M. Walt [The Pentagon Isn’t Buying Enough Ammo]( Munitions procurements are woefully insufficient for modern war. By Stacie Pettyjohn, Hannah Dennis [Taiwan’s New President Pledges Not to Yield to China]( Lai Ching-te, inaugurated on Monday, received a relatively mild response from Beijing. By James Palmer [What to Expect From Mexico’s Elections]( Arturo Sarukhán, Mexico’s former ambassador to the United States, will join FP Live to analyze the politics of presidential candidate and Former Mexico City Mayor Claudia Sheinbaum. [REGISTER NOW](   [Facebook]( [Twitter]( [Instagram]( [LinkedIn]( [MANAGE YOUR EMAIL PREFERENCES]( | [VIEW OUR PRIVACY POLICY]( | [UNSUBSCRIBE]( Reach the [right online audience]( with us. [Foreign Policy]( is a division of Graham Holdings Company. All contents © 2023 Graham Digital Holding Company LLC. All rights reserved. Foreign Policy, 655 15th St NW, Suite 300, Washington, DC, 20005.