The Journal.

​​Since World War II, U.S. geopolitical strategy prioritized global trade and building alliances, especially with democracies. Now, after his action in Venezuela, President Trump is ushering in a new era of American foreign policy that is focused primarily on territory and resources. WSJ’s chief economics commentator Greg Ip breaks down the moment, its historical context, and what’s next. Ryan Knutson hosts. Further Listening: - Was Maduro's Capture About Oil? - Greenland Has Tons of Minerals. So Where Are All the Miners? Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

For months, the U.S. sold its pressure campaign against Venezuela as a way to curtail drug trafficking. Now, after a surprise military operation on Saturday that led to the capture of President Nicolàs Maduro, U.S. oil companies have a path to regaining access to one of the world’s largest oil reserves. But WSJ’s Collin Eaton explains why getting companies to flock back to Venezuela will be a massive challenge. Ryan Knutson hosts. Further Listening: - Make Money Not War: Trump’s Plan for Peace in Ukraine - Why Is the U.S. Giving Billions to Argentina? Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The stories that defined 2025, the themes to watch in 2026. Ryan Knutson and Jessica Mendoza hear from top editors across the paper. Plus, Ryan's bold proposal to switch Christmas and Valentine's Day.Thanks for listening to the show in 2025. We’ll see you in 2026! Listen to Ryan and Jess’s playlist of their Greatest Hits of 2025. Learn more about your ad choices. Visit megaphone.fm/adchoices

According to a WSJ analysis, the epicenter for Stand Your Ground killings is in the state where the laws were first enacted: Florida. From 2021 through 2024, the Jacksonville area had a larger share of its homicides classified as justifiable killings by civilians than any U.S. city or county with a population greater than 500,000. WSJ’s Hannah Critchfield reports on the law’s unintended consequences and one case labelled as a self-defense killing, where no killer came forward at all. Valerie Bauerlein hosts and reveals a major update on the Scott Spivey case. Read the Reporting: - The Self-Defense Cases That Made Jacksonville No. 1 in Legal Homicides - 29 Shots in 24 Seconds: How a Killing Was Cast as Self-Defense Follow the Story: - Camp Swamp Road Playlist Learn more about your ad choices. Visit megaphone.fm/adchoices

Federal officials say Chinese money launderers moved more than $300 billion in illicit transactions through U.S. banks and other financial institutions in recent years. WSJ’s Dylan Tokar explores the rise of these highly lucrative schemes and former federal prosecutor Julie Shemitz takes us inside the federal investigation to bring them down. Ryan Knutson hosts. Further Listening: - The Money Laundering Behind TD Bank's $3 Billion Fine - Mexico's New Cocaine Kingpin is Cashing In Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices