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Ethiopia aid pact not good enough, says EU official

A senior European Union official said on Friday that an agreement between relief organizations and the Ethiopian government for access to the war-hit Tigray region limits aid to federal-controlled areas only and requires too much bureaucracy.

FTSE 100 hits nine-month high as oil prices jump

London's FTSE 100 rose to a nine-month high on Friday as a jump in oil prices boosted energy stocks, while investors remained focussed on Brexit trade talks with only four weeks left for Britain's transition period out of the bloc to end.

U.N. warns 2021 shaping up to be a humanitarian catastrophe

Next year is shaping up to be a humanitarian catastrophe and rich countries must not trample poor countries in a "stampede for vaccines" to combat the coronavirus pandemic, top U.N. officials told the 193-member U.N. General Assembly on Friday.

Hopes for stimulus drive risky assets higher despite weak U.S. jobs report

Growing prospects for a U.S. coronavirus relief package after a grim employment report helped boost demand for riskier assets on Friday, taking the dollar to a 2-1/2-year low and pushing oil prices to their highest since March when widespread lockdowns aimed at curtailing the pandemic took effect.

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