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Donald Trump threatens to take control of the Panama Canal and Greenland.

Plus, North Korea ramps up support for Russia's war in Ukraine.

This is a huge help to Russia at a time when the fighting is particularly intense,

and its soldiers are trying to move forward on the battlefield.

And the host of WSJ's Take On the Week help us gaze into the Crystal Ball

for some 2025 economic predictions.

It's Monday, December 23rd.

I'm Luke Vargas for the Wall Street Journal,

and here is the AM edition of What's News,

the top headlines and business stories moving your world today.

President-elect Donald Trump, speaking at a conservative conference in Arizona yesterday,

threatened to take control of the Panama Canal and rest control of Greenland from Denmark on national security grounds.

His latest comments openly discussing aspirations for U.S. territorial expansion after recently

trolling Canada's prime minister by suggesting it should become the 51st state.

Trump didn't specify how he would take back control of the canal and his transition team didn't respond to a request for additional comment.

Short of an invasion, the U.S. government has no ability to restore control of the canal, which the U.S. built more than a century ago.

Panama's president angrily rebuked Trump's comments, calling them in the front to the country's

sovereignty. Trump discussed purchasing Greenland in his first term, an idea that was at the time

dismissed by officials in Greenland and Denmark, which controls the self-governing island.

...