GBP News 

British leader Boris Johnson presses ahead with Brexit

“But once the Brexit legislation has passed, negotiations between London and Brussels will begin on a new deal covering their economic and strategic relationship” writes The Associated Press for latimes.com. While the Conservatives are forging ahead with their policy platform, the defeated opposition Labor Party was licking its wounds and preparing to find a successor to leader Jeremy Corbyn, who has said he will relinquish the party leadership early next year. Source: latimes.com

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GBP News 

Corbyn ‘sounds like Bill Shorten’ following disastrous UK election loss

“Writer Corrine Barraclough says Jeremy Corbyn sounds like former opposition leader Bill Shorten, following his heavy defeat at the hands of Boris Johnson at the UK general elections” reports news.com.au. On Sunday, Mr Corbyn had addressed the disastrous election result in an article he penned in the Observer, in which he said he felt the Labour Party, ‘had won the argument’ over their opposition. Source: news.com.au

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News 

Heading for the exits: What Democrats can learn from the U.K. election as impeachment and 2020 loom

“Someone easily caricaturable as a radical risks losing the support of the middle, especially in the Midwest states that gave Trump his margin of victory in the Electoral College” writes Daily News Editorial for nydailynews.com. Two, some percentage of the country bristles at what they see as an elitist project to upend the results of an election. Source: nydailynews.com

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GBP News 

‘F— off’: Piers Morgan rips British celebrities for complaining about conservative win

“Piers Morgan went after British celebrities for complaining about conservatives’ and Prime Minister Boris Johnson’s landslide victory in British elections” reports washingtonexaminer.com. Grant, in the run-up to the election, called conservatives “bad people” that need “to be stopped.”. In the lead up to the election, Coogan labeled conservative voters as “ignorant and ill-informed,” saying the party needed to keep their voters that way to win. Source: washingtonexaminer.com

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Feeling powerless after the UK election result? Here are things you can do right now.

“Here is a list of causes you can contribute to right now by giving time, money, food, or products” writes Rachel Thompson for mashable.com. We’re no longer able to control the election result, but we can give our time and resources to help others.With 4.5 million children living in poverty in the UK, and food banks outnumbering McDonald’s branches, you can use your time and energy to help those who need it right now. Source: mashable.com

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GBP News Stocks 

European stocks gain after Conservative victory in U.K. election

“Stocks in Europe rallied on Friday on relief the Conservatives won the U.K. general election as well as anticipation a U.S.-China trade deal will be announced” writes European Markets Editor for marketwatch.com. Read: British stocks surge after Johnson’s Conservatives win majority The German DAX DAX, +0.50%   gained 0.54% to 13293.06 and the French CAC 40 PX1, +0.76%  rose 0.63% to 5921.16. Outside of the U.K. story, Delivery Hero DHER, +22.20%  shares jumped 22% after reaching a deal to buy South Korea’s online food delivery service Woowa for $4 billion. Source:…

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Trump Welcomes Tory Win With Promise of “Massive” Trade Deal

“Both Trump and Johnson have stressed the importance of sealing a rapid US-UK trade deal as soon as possible after Brexit” writes Jon Henley for theguardian.com. The US president, Donald Trump, has congratulated Boris Johnson on the British prime minister’s election win and said Britain and the United States would now be free to strike a “massive” new trade deal after Brexit. “This deal has the potential to be far bigger and more lucrative than any deal that could be made with the EU. Celebrate Boris,” Trump said in a…

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Futures News Stocks 

U.S. stocks set to climb as China trade deal gets closer and Conservatives take U.K. election

“The Wall Street Journal later reported a limited trade deal had been agreed, citing sources” writes Markets Reporter for marketwatch.com. Trump congratulated Johnson on his election victory early Friday via Twitter, and said Britain and the U.S. were now free to strike a “massive new trade deal” after Brexit.CNBC reported Friday morning that disputes over a hard target for agricultural purchases could be holding up a final deal.Gold prices GCG20, +0.21%  were also edging higher, up $3.30, or 0.2%, to trade at $1,475.80 an ounce on Comex.Meanwhile, a decisive victory…

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