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.

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