From Newsmax:

Santa Claus has been brought down somewhere over the South China Sea in an apparent collision with a Chinese fighter jet.

The collision occurred while St. Nick was flying his sleigh on a return trip from Hong Kong to the North Pole.

“Our pilots were flying within a reasonable distance when one of them was blinded by the lead reindeer’s nose. This caused him to lose control of his jet and accidentally fire two heat-seeking missiles that collided with the sleigh,” stated the Chinese foreign minister.

Very funny, worth reading the whole thing.

Update: Not funny: "Drug traffickers in a Rio slum opened fire on a helicopter carrying a Santa to a children's party, apparently mistaking it for a police helicopter." Via Danger Room.