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Thursday, 24 December 2020

Around the world on 24 December 2020

Agent Orange has decided he isn’t happy about paying for military assistance to Egypt: US Donald Trump complained about the “wasteful” use of money in the latest covid-19 stimulus bill, which also includes bns of USD in regular government spending — including Egypt’s USD 1.3 bn in military aid. The BBC reports that Trump balked at the cost, saying that Egypt will “go out and buy almost exclusively Russian military equipment,” and urged lawmakers to use the foreign aid money to increase direct stimulus checks from USD 600 to USD 2k.

It seems the UK and the EU have finally agreed a tentative outline for a Brexit trade agreement, with the text of the agreement still being drafted, Bloomberg reports, citing officials with knowledge of the matter. The agreement still requires higher-up approvals and could still fall through at the last moment, the officials say.

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