SINGAPORE: The European Council prepares to define the EU negotiating mandate after Prime Minister Theresa May triggered Article 50 of the Lisbon Treaty to fix terms for leaving the EU. The stage is set for a dramatic – traumatic – meeting with destiny for Britain and its former 27 partners. Five scenarios appear on the horizon, four of which point to total breakdown followed by a clean cut in economic and trade links between Britain and the EU. In any case, next two years promises to be bruising – something that Britain brought upon itself.
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