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Pound Drops as Failure to Break Impasse Drags Out Brexit Pain Bloomberg 12/10/2020 Greg Ritchie, Vassilis Karamanis and Ruth Carson (Bloomberg) -- The pound fell after a face-to-face meeting between European Union and British leaders failed to yield a Brexit trade breakthrough, with the two sides agreeing to keep talking until Sunday. The currency dropped over 1% against both the dollar and euro as traders looked to yet another cut-off date for a deal, and as officials with knowledge of the discussions said negotiations are on course to end without one barring a dramatic las...

No-Deal Brexit More Likely After Dinner Fails: Brexit Update Bloomberg 12/10/2020 Alberto Nardelli, Ian Wishart and Tim Ross (Bloomberg) -- Negotiations between the U.K. and the European Union are on course to end without a trade deal amid fears on both sides that their disagreements are too wide to bridge, officials familiar with the talks said. Wednesday night’s dinner between Prime Minister Boris Johnson and Ursula von der Leyen, the European Commission president, left their teams believing it may be impossible to find a compromise before time runs out. Officials on bot...

No-Deal Brexit More Likely After Dinner Fails: Brexit Update Bloomberg 12/10/2020 Alberto Nardelli, Ian Wishart and Tim Ross (Bloomberg) -- Negotiations between the U.K. and the European Union are on course to end without a trade deal amid fears on both sides that their disagreements are too wide to bridge, officials familiar with the talks said. Wednesday night’s dinner between Prime Minister Boris Johnson and Ursula von der Leyen, the European Commission president, left their teams believing it may be impossible to find a compromise before time runs out. Officials on bot...