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weal and woe; joys and sorrows; welfare
二国は休戚を共にする同盟関係にある。
The two nations are in an alliance sharing weal and woe.
家族とは休戚を分かち合う存在だ。
Family is something that shares joys and sorrows together.
休戚を共にした戦友の絆は深い。
The bond between comrades who shared weal and woe is deep.