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The EU's chief Brexit negotiatior Michel Barnier (L) carrying the 2000-page Brexit deal with the Greek ambassador at an EU meeting on Dec. 25. Photo: Olivier Hoslet/POOL/AFP via Getty Images

Ambassadors for the European Union's 27 member states have unanimously approved the provisional application of a post-Brexit trade deal on Jan. 1, a German spokesperson confirmed on Monday.

Why it matters: It's an expected, but crucial step in staving off a potentially catastrophic "no-deal" Brexit on Jan. 1, coming days after the U.K. government and European Commission announced they had reached a stunning breakthrough after months of stalled negotiations.

What to watch: The U.K.'s House of Commons will meet to vote on the deal on Wednesday.

  • The leader of the opposition Labour Party, Keir Starmer, has urged lawmakers to back the deal, all but ensuring that Prime Minister Boris Johnson will have the votes he needs for the agreement to sail through Parliament.
  • The European Parliament will vote to fully approve the deal in the new year, but it will still take effect on a provisional basis to avoid a cliff-edge Brexit on Jan. 1.

The big picture: Even with the application of the deal, which outlines many of the terms of the U.K.'s new relationship with its closest and largest trading partner, the British government has warned businesses and citizens to prepare for some "bumpy moments" when the Brexit transition period ends on Dec. 31.

Go deeper: U.K. and EU reach historic post-Brexit trade deal

Go deeper

Jan 21, 2021 - World

World leaders react to "new dawn in America" under Biden administration

President Biden reacts delivers his inaugural address on the West Front of the U.S. Capitol on Wednesday. Photo: Alex Wong/Getty Images

World leaders have pledged to work with President Biden on issues including the COVID-19 pandemic and climate change, with many praising his move to begin the formal process for the U.S. to rejoin the Paris Climate Agreement.

The big picture: Several leaders noted the swift shift from former President Trump's "America First" policy to Biden's action to re-engage with the world and rebuild alliances.

Updated 1 hour ago - Sports

Olympics dashboard

🚨: Japan's Naomi Osaka lights Olympic cauldron; Photos

πŸ‘»: How the no-spectator Olympics could affect the athletes

πŸ‡ΊπŸ‡Έ: "What an honor it is to watch you soar," first lady tells U.S. Olympians

🌏: Meet the underdogs from Latin America

πŸ₯‡: The six new sports at Tokyo 2020

πŸ’‰ About 100 U.S. Olympic athletes are unvaccinated

✍️ Axios at the Olympics: What it's like inside the opening ceremony

Go deeper: Full Axios coverage

Senate Democrats demand answers on FBI's Kavanaugh probe

Photographer: Andrew Harrer/Bloomberg via Getty Images

Senate Democrats are demanding that the FBI hand over "all records and communications" related to the FBI tip line set up to investigate Supreme Court Justice Brett Kavanaugh when he was a nominee in 2018.

Why it matters: The ask comes after the FBI revealed it received more than 4,500 tips about Kavanaugh when he was awaiting Senate confirmation amid sexual assault allegations. Only the most "relevant" of these tips were forwarded to the Trump White House.