The election result is projected onto the Broadcasting House in London on Friday. Reuters
He is already facing strong opposition in the 650-seat parliament to his plan to take Britain out of the European Union without a deal if necessary on Oct.31.
Johnson will focus on health, education and infrastructure, after EU leaders rebuffed his calls to renegotiate the Brexit deal struck by his predecessor Theresa May last year.
Prime Minister Boris Johnson said on Thursday that the only way to break Britain’s Brexit impasse is a general election, and he will ask Parliament to approve a national poll for Dec.12.
Global shares stumbled on Friday as hopes of a fiscal boost from a $1.9 trillion US stimulus plan were smothered by the prospect of stricter lockdowns in France and Germany and a resurgence of COVID-19 cases in China.
The Italian government has approved a new stimulus package worth 32 billion euros ($38.8 billion) to prop up the battered economy, pushing this year’s budget deficit significantly higher than previously planned.
Pakistan and Bangladesh are rationing gas and buyers across South Asia are seeking alternative fuels after spot liquefied natural gas (LNG) prices surged to record highs, government and industry officials told Reuters.