A Week in the World - Aid to Ukraine, EU-Mercosur Agreement Postponed, and Chilean Presidential Election

The EU approves a loan to Ukraine, postpones the Mercosur agreement, and covers the Chilean presidential election.

SUMMARY

The European Union approved a loan of 90 billion euros to Ukraine despite the absence of consensus on the use of Russian assets. Additionally, the signing of the free trade agreement with Mercosur has been postponed to January. Finally, the Chilean presidential election was won by José Antonio Kast, a representative of the far right.

KEY HIGHLIGHTS

The EU approves a 90 billion euro loan to Ukraine.
The signing of the EU-Mercosur agreement postponed to January.
José Antonio Kast wins the Chilean presidential election.

CORE SUBJECT

European loan to Ukraine and recent international events

The European Union has approved a loan of 90 billion euros to Ukraine, despite the lack of consensus on the contentious issue of using Russian assets. Another key matter is the postponement until January of the signing of the free trade agreement with the Mercosur countries. Finally, a look back at the Chilean presidential election, marked by the victory of José Antonio Kast, a figure of the far right.

KEYWORDS

European Union Ukraine Mercosur free trade agreement Chilean presidential election José Antonio Kast

MENTIONED ENTITIES 4

European Union

🏛️ Organization

Political and economic organization of European countries

Ukraine

📍 Location_Country

Eastern European country receiving the European loan

Mercosur

🏛️ Organization

South American trade bloc

José Antonio Kast

👤 Person_Male

Chilean far-right politician, winner of the presidential election

KEY DECISIONS 2

Approval of a 90 billion euro loan to Ukraine by the European Union

Decision Maker: European Union

Status: approved

Announced: 2025-12-19

Impact Areas:

Ukraine European Union

Postponement of the signing of the EU-Mercosur free trade agreement to January