Politics

EU Says Johnson Gambit Could Reduce No-Deal Risk: Brexit Update

Johnson's Request to Suspend Parliament Approved by QueenSource: Bloomberg
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The U.K. Parliament will be suspended for almost five weeks ahead of Brexit, as Prime Minister Boris Johnson sets up a showdown with lawmakers who want to block him from taking the U.K. out of the European Union without an agreement. The pound fell, though EU officials said the move might reduce the chances of a no-deal split.