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What We’re Watching: It’s a Kim Jong-un Christmas!

What We’re Watching: It’s a Kim Jong-un Christmas!

North Koreans bearing gifts? – What kind of present will North Korean leader Kim Jong-Un leave under the tree for President Trump this year? US spooks are worried it could be a missile test: Talks over the North's nuclear arsenal have stalled since a summit between the two leaders broke down in February, leaving Pyongyang chafing under US sanctions. Testing a new ICBM that could reach the US would be one way for Kim to get Trump's attention, but it might provoke the US to seek even tighter financial curbs against the North. China, South Korea, and Japan have engaged in a flurry of diplomacy in recent days to try to tamp down rising tensions.


Turkey's refugee warning – Turkey's President Recep Tayyip Erdogan said over the weekend that more than 80,000 refugees from the Syrian province of Idlib had fled for the Turkish border amid bombing by the Assad regime and Russian forces – and that Turkey would not shoulder the full burden of accepting them. Under a deal with the EU, Turkey already hosts more than 3.7 million Syrian refugees, and public anger about it is rising. That's one reason Erdogan recently invaded northern Syria—to create a "safe zone" for the resettling of some of those people. He says that unless Europe backs his plans, he'll "open the gates" to allow millions more refugees to enter the EU.

West African countries cut a lingering colonial tie – For decades, former French colonies in Africa have used a common regional currency known as the CFA Franc. Over the weekend, eight of those countries in West Africa – Ivory Coast, Benin, Burkina Faso, Guinea-Bissau, Mali, Niger, Senegal, and Togo – agreed with France to rename the currency the "Eco" and to scrap the requirement that they keep half of their foreign reserves in this currency. The new currency will still be pegged to the Euro, as the CFA Franc was. We are watching to see what effect the change has on the economy and well-being of these countries' populations.

What We're Ignoring

A flimsy fall-guy verdict in Saudi Arabia – A court in Saudi Arabia convicted eight people in the 2018 murder of dissident journalist Jamal Khashoggi, and sentenced five of them to death. None of those people, of course, is Crown Prince Mohamed bin Salman -- whom Western intelligence agencies believe ordered or approved the killing – nor two of his top advisers who were believed to have intimate knowledge of its details. This is hardly surprising – Saudi Arabia's highly politicized judicial system was never expected to punish the country's de facto leader or his aides. Still, we are ignoring this verdict because, frankly, it's (M)B.S.

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Where things stand with Venezuela: Washington makes its demands
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Protesters demonstrate against poor economic conditions in Tehran, Iran, on Dec. 29, 2025.​

Protesters demonstrate against poor economic conditions in Tehran, Iran, with some shopkeepers closing their stores on in response to ongoing hardships and fluctuations in the national currency, on Dec. 29, 2025.

Fars News Agency via ZUMA Press Wire
Violent Iranian protests stretch into second weekDemonstrations in Iran over the government’s handling of the economy – the largest in three years – continued over the weekend and turned deadly amid clashes with security forces, with a human rights agency reporting that 20 protesters have been killed. Iranian leaders delivered contrasting [...]
​Firefighters and rescuers mourn next a makeshift memorial outside the "Le Constellation" bar in southwestern Switzerland, on January 4, 2026.

Firefighters and rescuers mourn next a makeshift memorial outside the "Le Constellation" bar, after a deadly fire and explosion during a New Year's Eve party, in the upscale ski resort of Crans-Montana, in southwestern Switzerland, on January 4, 2026.

REUTERS/Lisa Leutner
40: Police identified all 40 victims – including a pair of 14 year olds – of the deadly New Years’ Eve fire in the Swiss ski resort of Crans-Montana. It took investigators multiple days to identify victims due to the severe scale of the burns. Another 119 were injured in the blaze. Investigators believe champagne sparklers caused the fire. [...]
A photograph posted by U.S. President Donald Trump on his Truth Social account shows him sitting next to CIA Director John Ratcliffe as they watch the U.S. military operation in Venezuela from Trump's Mar a Lago resort, in Palm Beach, Florida, U.S., January 3, 2026.

A photograph posted by U.S. President Donald Trump on his Truth Social account shows him sitting next to CIA Director John Ratcliffe as they watch the U.S. military operation in Venezuela from Trump's Mar a Lago resort, in Palm Beach, Florida, U.S., January 3, 2026.

@realDonaldTrump/Handout via REUTERS
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