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Photo: House of Commons/PA Images via Getty Images

U.K.'s Parliament voted 328-301 on Tuesday night to take control of the legislative agenda in an effort to stop Prime Minister Boris Johnson from forcing through a no-deal Brexit on Oct. 31.

Why it matters: The lawmakers who voted in favor of the motion include a number of high-profile rebels in Johnson's own Conservative Party. They were stripped of their affiliation after the vote. Parliament on Wednesday will vote on a bill to force Johnson to seek a Brexit extension from the European Union. Operating under the assumption that the bill will pass, Johnson said he will introduce a motion tonight to dissolve Parliament and hold a general election an Oct. 14.

  • Whether that vote to hold an election will receive the necessary two-thirds majority remains to be seen, however, as the Labour Party may oppose the effort in order to ensure that a no-deal Brexit is taken off the table completely.

Between the lines: The 21 Conservatives who voted against the government and have been expelled from the party include 8 former Cabinet ministers and the grandson of Winston Churchill. Together, they have served for a total of 350 years as Conservative MPs. Ken Clarke, who has been an MP since 1970, has served under 4 prime ministers and is known as the "Father of the House."

The bottom line: It was a devastating day for Boris Johnson. He lost his first vote as prime minister and saw his working majority drop from +1 to -22.

Go deeper: U.K. government loses majority as Boris Johnson speaks in Parliament

Go deeper

Biden says he'll make Supreme Court pick by end of February

President Biden speaks on the retirement of Supreme Court Justice Stephen Breyer in the Roosevelt Room of the White House. Photo: Yuri Gripas/Abaca/Bloomberg via Getty Images

President Biden on Thursday said he will announce the nominee for Supreme Court Justice Stephen Breyer's replacement by the end of February.

Driving the news: Biden also affirmed that he will nominate a Black woman to replace Breyer, saying "it's long overdue."

Stephen Breyer formally announces retirement from Supreme Court

Photo: Andrew Harnik/AP

Justice Stephen Breyer on Thursday sent a letter to President Biden formally announcing his retirement from the Supreme Court.

State of play: Breyer said his retirement will take effect when the court "rises for the summer recess (typically late June or early July) assuming that by then my successor has been nominated and confirmed."

COVID created an epic U.S. trade gap

Chart: Axios Visuals. Data: Census Bureau/Bureau of Economic Analysis

The details of the blockbuster fourth quarter GDP report released Thursday morning tell a vivid story of how the underpinnings of the world economy have been reshaped by the pandemic.

One example: In the arithmetic around U.S. economic output, trade acted as a more severe drag last year than it has in a generation.