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Politics

Now the Brexit gun has been fired, what happens next?

As divorce talks begin, contagion could spread in Europe and world

| Europe

It is official. Britain's Prime Minister Theresa May will today give formal notice to the European Union of her country's intention to quit the group. There is no template for what happens next but there is a time limit. So-called Article 50 negotiations, named after the article in the Treaty on European Union that covers the financial, legal and organizational terms of the divorce, must be completed by March 2019 (unless there is an unlikely extension) or else the U.K. will leave the EU without agreement. While most of the focus is on the consequences for the U.K.'s economy and constitutional integrity, there are potentially global implications that could affect Asia.

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