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1.Market Observations, 8.Was Sticky

30 Mar 2017 (AFR,Bloomberg) – Britain heads into the unknown as May signs Brexit letter

(30 March 2017, AFR, p10, Simon Kennedy, Tim Ross, Bloomberg)

‘The U.K. will start the clock on two years of negotiations to withdraw from the European Union on Wednesday, a divorce that will redefine the country’s relationship with its largest trading partner and bring to an end decades of deepening political integration on the continent. The ties that have bound the U.K. to the EU since 1973 will start to unravel at around 1:30 p.m. in Brussels when Britain’s ambassador hands EU President Donald Tusk a hand-signed letter from Prime Minister Theresa May invoking Article 50 of the Lisbon Treaty, the legal exit mechanism. May will address lawmakers in London at about the same time.’

Read more at Bloomberg.com

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