A memorandum of understanding is an agreement between two or more parties. It expresses a convergence of will between the parties, indicating an intended common line of action. Wikipedia
News Headlines:
US F-35s to be deployed on Japanese warships to counter the Chinese aggression
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3 killed in terror attack on the Christmas Market in Strasbourg France, 27 crimes registered against suspected terrorist
French President Macron yields before the protestors by declaring a financial emergency
Russia the second biggest arms producer in the world – SIPRI report
World Bank cancels loan worth $250 million to Pakistan