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The man with the deal. Photo: WIktor Szymanowicz/NurPhoto via Getty Images

U.K. Prime Minister Boris Johnson announced this morning that he's reached a "great new" Brexit deal with the European Union — a statement almost unforeseeable one week ago, when Johnson seemed to be steaming toward a constitutional crisis over a potential "no deal" Brexit on the Oct. 31 deadline.

Between the lines: Johnson's deal is similar to the one his predecessor, Theresa May, saw repeatedly rejected in Parliament (including by Johnson), with some tweaks around the crucial issue of Northern Ireland.

  • The parliamentary arithmetic looks tricky for Johnson too, as he no longer has a working majority and a Northern Irish party that supports his government, the DUP, has rejected this deal.
  • Jeremy Corbyn, leader of the opposition Labour Party, has said this deal is "even worse" than May's. Labour wants a second referendum in which the public can accept or reject the deal.
  • The British pound is surging. It had weakened significantly on the prospect of "no deal," which would be economically calamitous as it would see trading arrangements dissolve overnight.

What's next: Johnson wants Parliament to convene to vote on his plan this Saturday. That's the deadline the opposition and rebels within his own party imposed to either reach a deal with the EU or seek a deadline extension beyond Halloween. It should be dramatic.

Go deeper

Updated 6 mins ago - Politics & Policy

Jury in Derek Chauvin trial heads into deliberation

The jury of Derek Chauvin's trial went into deliberation Monday following instructions from the judge to "reach a just verdict regardless of what the consequence might be."

Why it matters: The jury's verdict in Chauvin's murder trial is seen by advocates as one of the most crucial civil rights cases in decades.

Merrick Garland: Domestic terror is "still with us"

Photo: Kevin Dietsch/UPI/Bloomberg via Getty Images

In his first major speech, Attorney General Merrick Garland warned the nation Monday to remain vigilant against the rising threat of domestic extremism.

Why it matters: Domestic terrorism poses an "elevated threat" to the nation this year, according to U.S. intelligence. Garland has already pledged to crack down on violence linked to white supremacists and right-wing militia groups.