The pound started to tumble to three year-lows on Tuesday, as the British prime minister Boris Johnson warned on Monday evening that he is ready to call elections.

From the No. 10 podium, Johnson reiterated his theory that a deal with the EU was possible precisely because the UK was willing to leave without a deal. He said that he wanted his government to go beyond Brexit, promising big spending on health, education, and police services.

But he also warned that he would go to the polls rat...

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