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Friday, March 31, 2017

Brexit: UK PM Theresa May triggered Article 50

Divorce is never easy. To start with, law in the United Kingdom has been a mixture of European Union laws and domestic laws. These now must be reconciled. And that's the easy part since it can all be done within England.

England must now navigate the tricky waters of negotiating with the EU on a host of issues including trade deals with the EU and trade deals with the rest of the world, since England is now a separate entity. This alone will be tedious and time-consuming.

Additionally, England will be negotiating regarding other matters ranging from immigration to asylum seekers to law enforcement.

The articles may have been triggered, but the process will take years to complete.


In the meantime, back in the business world, various companies will be deciding what they should do (article by Newsweek) and how Brexit will affect their long-term plans and places of work. 



In-depth questions and answers regarding the Brexit process can be found in this article by CNN