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Illustration: Sarah Grillo/Axios

The U.K. is now in election mode, with Parliament having been dissolved and the U.K. press running banner headlines about, um, kulaks.

The state of play: More than 60 MPs have decided not to run for re-election given the toxicity of the current political debate.

Britain is due to leave the EU on Jan. 31. If it does so on Prime Minister Boris Johnson's terms, it will then enter a transitional period, during which it will have to negotiate a trade agreement with the rest of Europe. That's a lot easier said than done.

One possible result is so-called Brino:

"When Brexiter trade fantasies crash into reality, expect a new scenario to emerge: Brino (Brexit in name only) for now. Brino entails the U.K. leaving the EU but staying in the single market and customs union, and paying into the European budget, until it can devise a beneficial Brexit. Since there isn’t one, Brino could stick for years."
Simon Kuper, writing in the Financial Times

The Brino scenario is the closest thing that Britain can get to "Remain" while still technically leaving the EU. Johnson is adamant that he won't let that happen, but it's not clear that he'll be able to command enough of a majority to get what he wants.

The bottom line: No one particularly expects Johnson to stick to his promises, especially if he remains prime minister of a minority government. An exit fudge whereby Britain leaves in name only, with constant extensions for further trade negotiations, would be a very European solution to the Brexit conundrum.

Go deeper

Nathan Bomey, author of Closer
30 mins ago - Economy & Business

Tipping has soared during the pandemic

Illustration: Sarah Grillo/Axios

From restaurants to ride-sharing, Americans are tipping a lot more than they did before the pandemic.

Why it matters: The past two years have upended the way we express appreciation to the people who provide us food and services.

Updated 10 hours ago - Energy & Environment

Bomb cyclone prompts blizzard warnings from Virginia to Maine

Computer model projection showing the intense storm off of Cape Cod on Jan 29, 2022, with heavy snow and strong winds lashing the coastline. (Weatherbell.com)

Blizzard warnings are in effect for 11 million people from coastal Virginia to eastern Maine as a historic winter storm is set to slam the Mid-Atlantic and Northeast beginning Friday.

Why it matters: The storm will bring hazards ranging from zero visibility amid hurricane force wind gusts and heavy snow, to coastal flooding that will erode vulnerable beaches and threaten property from the Jersey shore to coastal Massachusetts.

Updated 10 hours ago - Politics & Policy

Omicron dashboard

Illustration: Shoshana Gordon/Axios

  1. Health: Contact tracing fizzles across America — New clues emerge on long COVID — Omicron is finally burning out — It's very difficult to get access to antiviral COVID treatments — Axios-Ipsos poll: Omicron's big numbersAnother wave of death — FDA limits use of Regeneron and Lilly antibody treatments.
  2. Vaccines: Pfizer begins clinical trial for Omicron-specific vaccine — The shifting definition of fully vaccinated.
  3. Politics: Virginia AG says public colleges can't mandate COVID vaccines —Alaska governor joins Texas lawsuit over National Guard vaccine mandate — Navy discharges 45 sailors for refusing vaccine — Spotify to remove Neil Young's music after his Joe Rogan ultimatum — White House: 60M households have ordered free COVID-19 rapid tests.
  4. World: U.K. to lift travel testing requirement for fully vaccinated — Beijing Olympic Committee lowers testing threshold ahead of Games.
  5. Variant tracker