The Diplomatic Storylines to Watch in 2025

Dec. 26 Edition. The WSJ’s Shayndi Raice, Gabriele Steinhauser and Liza Lin describe how a Middle East “grand bargain,” a diplomatic shakeup in the Horn of Africa, and intensifying U.S.-China trade tensions could define the year to come. Plus, wealthier Americans drive a surge in U.S. holiday spending. And dueling narratives emerge after the deadly Christmas Day crash of an Azerbaijan Airlines plane. Luke Vargas hosts. Programming note: The next episode of What's News will be released midday Friday. Sign up for the WSJ’s free What’s News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

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What's News brings you the biggest news of the day, from business and finance to global and political developments that move markets. Get caught up in minutes twice a day on weekdays, then take a step back with our What’s News in Markets wrap-up on Saturday and our What’s News Sunday deep dive.