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Welcome to Axios World, where two evenings a week we break down what you need to know about the big stories from around the globe.

Thanks for joining me! Please tell your friends and colleagues to sign up here, and I'd love your tips and feedback: lawler@axios.com.

  • We're off on Monday for Christmas Eve, but I'll be back with an end-of-year edition next week. Until then, may your days be merry and bright.

Thanks for reading — I’ll see you in a week!