Week in Review: What’s Next in the Israeli Peace Process?, a Yawn in Germany, Death of the TPP, and Much More

• We’re beginning to see what is happening around the world in the wake of the transition of power in America.

• What might a Trump presidency mean for the Arab-Israeli peace process? Europe feels it may need to step up and be the primary mediator now.

• Mr. Trump says on day one of his presidency, America will withdraw from the Trans-Pacific Partnership—and China is celebrating.

• In Germany, Angela Merkel says she’ll run for a fourth term as chancellor—and the collective yawn from Germans showed how much they yearn for stronger leadership.

• We’ll also talk about Britain signaling its willingness to cooperate with European military unification—alarm bells sounding over the effectiveness of American defense—Iran continuing to defy the terms of the nuclear deal—and Japan using its soldiers in a way that it hasn’t done since World War II.