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Panama rejects President Trump’s request for US to take back canal

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While the holiday spirit dominates the news agenda, the three defining themes of 2024 continue to hum in the background, with notable developments occurring around the world.

On Tuesday, Moldova’s pro-EU president-elect, Maia Sandu, will attend the inauguration ceremony. Despite allegations of Russian interference, her narrow victory in October’s election puts the former Soviet country on the path to EU membership.

Meanwhile, Georgia will swear in pro-Russian Mikhail Kavelashvili as president on Sunday, and Croatia will hold its first presidential election on Sunday.

Mozambique’s Supreme Court is scheduled to rule on the country’s disputed October elections on Monday, as Albania’s opposition blocks roads demanding Prime Minister Edi Rama’s resignation.

Bank of Japan Governor Kazuo Ueda will give a speech on Christmas. Economists will be poring over his words for clues about how President-elect Donald Trump’s tariffs will affect the pace and trajectory of monetary policy.

Britain’s third quarter GDP figures will be released on Monday, after months of disappointing economic announcements for Prime Minister Rachel Reeves.

Read more in “This Week Ahead”

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