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Kenya’s move to close refugee camps politically motivated, says Somalia

Bloomberg Somalia said Kenya is politicising refugee camps, which have sheltered hundreds of thousands of Somali nationals for three decades, by moving to have them closed. Kenya upped pressure on the United Nations this week to come up with a plan to shut down the country’s Kakuma and Dadaab camps, saying their continued existence posed a security threat to East ...

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UK, EU reach first deal on financial rules post-Brexit

Bloomberg Britain and the European Union (EU) took their first step since Brexit to cooperate on financial services, agreeing on a new forum to discuss market regulation. The move could help finance firms in the City of London to eventually win back some access to the single market they lost when the UK left the EU. The two sides have ...

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US consumer sentiment climbs to one-year high

Bloomberg US consumer sentiment continued to improve in late March to a one-year high as more Americans got coronavirus vaccinations and business restrictions eased in many states. The University of Michigan’s final sentiment index increased to 84.9 from a preliminary March reading of 83, according to data. The median projection in a Bloomberg survey of economists called for 83.6. A ...

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