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Economists forecast decline in consumer prices

Frankfurt / Bloomberg With German government bonds on their longest winning streak in more than a year, investors are set to scour inflation data next week for clues as to whether the European Central Bank will provide more stimulus next month. A measure of euro-region inflation expectations stayed near a record low this week even as the central bank pledged ...

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IMF gives Lagarde second term as MD

WASHINGTON / AP The International Monetary Fund (IMF) said it is giving managing director Christine Lagarde a second five-year term. Lagarde, the first woman to hold the post, was the only candidate nominated. Her new term starts July 5. Lagarde, 60, was named the IMF’s 11th managing director in 2011. She has led the multinational lending agency through the European ...

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Le Pen Party taps Russian banks to fund 2017 election campaign

MOSCOW / Bloomberg Marine Le Pen’s National Front party is reaching out to Russian banks for the 25 million euros ($27.7 million) it needs to bankroll its 2017 presidential campaign, the party’s treasurer Wallerand de Saint Just said. “I will look for funds where I know I might get them,” Saint Just said in a telephone interview. “I found some ...

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