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Tanzania agrees to return Burundi refugees home

Bloomberg Tanzania agreed to repatriate Burundian refugees who have been sheltering in two major settlements, the Burundian Interior Minister Pascal Barandagiye told the national broadcaster. Tanzania estimates it has more than 220,000 Burundian refugees who fled from its northwestern neighbour during a political crisis that began in 2015. “There is no reason for refugees to stay in Tanzania” while their ...

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The French are now doing better than the Germans

We’ve become so gloomy about the euro zone that it’s easy to neglect the bright spots. After a very tough 2018 for President Emmanuel Macron, France, the second-largest economy in the monetary union, is faring much better than most experts would have assumed. Its economic model — less reliant on exports than Germany — is proving mo-re resilient to dangers ...

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Someone blew a hole in Volcker Rule

Up to now, President Donald Trump’s largely ill-conceived effort to roll back financial regulation had one redeeming feature: a mostly sensible plan to improve the Volcker Rule, a piece of the 2010 Dodd-Frank Act aimed at limiting banks’ ability to take undue risks with taxpayer backing. Not anymore. A new round of tweaks, which regulators are in the process of ...

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