The Presidential Daily Brief


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    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.

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