The Presidential Daily Brief

important

  1. brexit cracked concrete shutterstock 442032913

    Britain’s Post-Brexit Bond-Buying Program Founders

    They wish they knew how to quit EU. But Brexit’ll be a long road, warns Uffe Ellemann-Jensen, who negotiated Greenland’s exit from the EU 31 years ago and who says the two-year negotiation process just isn’t long enough for the UK to strike a deal. Meanwhile, Bank of England head Mark Carney’s embarked on a $1.53 billion bond-buying program meant to boost the freefalling U.K. economy, but could only get weakening pension funds to part with $1.46 billion, which many are taking as a bad sign for Britain’s financial future.

This story is part of The Presidential Daily Brief

view full edition