So what is likely to happen in 2012? With Presidential Elections in the USA, Russia, China and France; a new regime in North Korea; the Euro Crisis rumbling on and the first anniversary of the Arab Spring approaching there is a lot that could happen. Join our panel as they polish up their crystal ball and try to identify the key trends in a fast-moving world.

Owen Bennett Jones chairs a discussion with the BBC's special correspondent Lyse Doucet, North America Editor Mark Mardell, Newsnight's Economics Editor Paul Mason and diplomatic correspondent James Robbins.