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EU nixes U.K. plan to break Brexit deadlock

Published 10/23/2018, 04:05 AM
© Reuters.  EU nixes U.K. plan to break Brexit deadlock
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  • European Parliament Brexit chief Guy Verhofstadt has rejected Theresa May's proposals to get a Brexit deal over the line after she set out a four point plan in parliament to stave off a Tory rebellion.
  • "[Now] our British counterparts have said that there has to be time limited. But we all know that a time limited backstop [arrangement] is not a backstop. The definition of a backstop is that it’s not time limited."
  • ETFs: FXB, EWU, GBB, DBUK, FKU, EWUS, DXPS, HEWU, QGBR, DGBP, FLGB, UGBP
  • Now read: Markets Remain Shrouded In A Thick Blanket Of Risk


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