This is like a page ripped from my childhood. My mom made soemthing that looks exactly like this at Christmas & it was called a tea ring. Cinnamon Wreath Bread - my mom made these, but they were called Swedish Tea Rings
Recipe ● Cream Cheese Penguins The creamy cheese pairs well with the briny olive and the carrot adds a bit if sweetness and crunch. We used large olives for both parts and only tsp of cream cheese per penguin. Even my 4 year old could do this.