News Snapshot:
Christine Lagarde hands over a small white paper bag with something surprisingly heavy inside after sweeping through the restaurant with her customary assured elegance. Taking off her black leather gloves before shaking hands – there’s a slight chill on this overcast day in Frankfurt – she explains: “It is marmalade I made with grapefruits from our garden in Corsica.” I am disarmed by the gift. Maybe this is Lagarde’s intention. Can I accept it? Should I have brought something to give her? “I’ve been eating a grapefruit a day since about 45 years ago,” says the European Central Bank president,...