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Christine Lagarde
Christine Madeleine Odette Lagarde (; , ; born 1 January 1956) is a French politician and lawyer who has been the President of the European Central Bank since 2019. She previously served as the 11th Managing Director of the International Monetary Fund (IMF) from 2011 to 2019. Lagarde had also served in the Government of France, most prominently as Minister of the Economy, Finance and Industry from 2007 until 2011. She is the first woman to hold each of those posts. Born and raised in Paris, Lagarde graduated from law school at Paris Nanterre University and obtained a Master's degree from Sciences Po Aix. After being admitted to the Paris Bar, she joined the international law firm Baker & McKenzie as an associate in 1981, specializing in labour and anti-trust, as well as mergers and acquisitions. Rising through the ranks, she was a member of the executive committee of the firm from 1995 until 1999, before being elevated to its Chair between 1999 and 2004; she was the first woma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Of The European Central Bank
The president of the European Central Bank is the head of the European Central Bank (ECB), the main institution responsible for the management of the euro and monetary policy in the Eurozone of the European Union (EU) The current president of the European Central Bank is Christine Lagarde, previously the chair and managing director of the International Monetary Fund. Role and appointment The president heads the executive board, Governing Council and General Council of the ECB, and represents the bank abroad, for example at the G-20 major economies, G20. The officeholder is appointed by a Voting in the Council of the European Union, qualified majority vote of the European Council, ''de facto'' by those who have adopted the euro, for an eight-year non-renewable term. History Duisenberg Wim Duisenberg was President of the European Monetary Institute (EMI) when it became the ECB, just prior to the launch of the Euro, on 1 June 1998. Duisenberg then became the first President ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Her Excellency
Excellency is an honorific style (manner of address), style given to certain high-level officers of a sovereign state, officials of an international organization, or members of an aristocracy. Once entitled to the title "Excellency", the holder usually retains the right to that courtesy throughout their lifetime, although in some cases the title is attached to a particular office and is held only during tenure of that office. Generally people addressed as ''Excellency'' are heads of state, heads of government, governors, ambassadors, Roman Catholic bishops, high-ranking ecclesiastics, and others holding equivalent rank, such as heads of international organizations. Members of royal families generally have distinct addresses such as Majesty, Highness, etc.. While not a title of office itself, the honorific ''Excellency'' precedes various titles held by the holder, both in speech and in writing. In reference to such an official, it takes the form ''His'' or ''Her Excellency''; in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Japanese holding company, Nikkei, Inc., Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson plc, Pearson sold the publication to Nikkei for Pound sterling, £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. In 2023, it was reported to have 1.3 million subscribers of which 1.2 million were digital. The newspaper has a prominent focus on Business journalism, financial journalism and economic analysis rather than News media, generalist reporting, drawing both criticism and acclaim. It sponsors an Financial Times and McKinsey Business Book of the Year Award, annual book ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2008 Financial Crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners and financial institutions that led to the 2000s United States housing bubble, exacerbated by predatory lending for subprime mortgages and deficiencies in regulation. Cash out refinancings had fueled an increase in consumption that could no longer be sustained when home prices declined. The first phase of the crisis was the subprime mortgage crisis, which began in early 2007, as mortgage-backed securities (MBS) tied to U.S. real estate, and a vast web of Derivative (finance), derivatives linked to those MBS, collapsed in value. A liquidity crisis spread to global institutions by mid-2007 and climaxed with the bankruptcy of Lehman Brothers in September 2008, which triggered a stock market crash and bank runs in several countries. The crisis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Group Of Eight
The Group of Eight (G8) was an intergovernmental political forum from 1997 to 2014, formed by incorporating Russia into the G7. The G8 became the G7 again after Russia was expelled in 2014 after the Russian annexation of Crimea. The forum originated with a 1975 summit hosted by France that brought together representatives of six governments: France, Germany, Italy, Japan, the United Kingdom, and the United States, thus leading to the name Group of Six or G6. The summit came to be known as the Group of Seven in 1976 with the addition of Canada. The European Union (or predecessor institutions such as the European Economic Community) was represented at the G8 since the 1980s as a "nonenumerated" participant, but originally could not host or chair summits. Russia was added to the political forum from 1997, which the following year became known as the G8. In 2005, the UK government initiated the practice of inviting five leading emerging markets – Brazil, China, India, Mexico, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Baker & McKenzie
Baker McKenzie is an international law firm headquartered in Chicago. Founded in 1949 under the name Baker & McKenzie, it has 68 offices in 46 countries and employs 4,558 attorneys. History Co-founding partner Russell Baker, who had graduated from the University of Chicago Law School, opened his first practice, Baker & Simpson, in Chicago in 1925. The firm provided legal services to the growing Mexican American community in Chicago, which would set a foundation for its global reach. In 1949 Baker was joined by John McKenzie, a graduate from Loyola University Chicago School of Law, who helped further establish the international practice. Baker McKenzie became an international firm beginning in 1955, when a lawyer in Venezuela contacted Baker McKenzie about opening a joint venture office in Caracas. Russell Baker's son, Donald, moved to Caracas to launch the satellite office. Within the next three years, offices were opened in Washington, D.C., Amsterdam, Brussels, Zürich, Ne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Economy And Finance (France)
The Ministry of Economics, Finance and Industrial and Digital Sovereignty (, pronounced ), informally referred to as Bercy, is one of the most important ministries in the Government of France. Its minister is one of the most prominent cabinet members after the prime minister. The name of the ministry has changed over time; it has included the terms "economics", "industry", "finance" and "employment" throughout its history. Responsibilities The Minister of Economics and Finance oversees: * the drafting of laws on taxation by exercising direct authority over the Tax Policy Board (''Direction de la législation fiscale'') of the General Directorate of Public Finances (''Direction générale des Finances publiques''), formerly the Department of Revenue (''Direction générale des impôts''); * national funds and financial and economic system, especially with the Office of the Treasurer and Receiver General ('' Direction générale du Trésor or French Treasury''), not to be confused ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of France
The Government of France (, ), officially the Government of the French Republic (, ), exercises Executive (government), executive power in France. It is composed of the Prime Minister of France, prime minister, who is the head of government, as well as both senior and junior minister (government), ministers. The Council of Ministers, the main executive organ of the government, was established in the Constitution of France, Constitution in 1958. Its members meet weekly at the Élysée Palace in Paris. The meetings are presided over by the president of France, the head of state, although the officeholder is not a member of the government. The Prime Minister may designate ministers to be titled as ministers of state (), who are the most senior, followed in protocol order by ministers (), ministers delegate (), whereas junior ministers are titled as secretaries of state (). All members of the government, who are appointed by the president following the recommendation of the prim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sciences Po Aix
Sciences Po Aix, also referred to as Institut d'Études Politiques d'Aix-en-Provence, is a ''Grande École'' of political studies located in Aix-en-Provence, in the Provence region of southern France. It is placed under the administration of Aix-Marseille University and is part of a network of ten Institut d'études politiques, also known as IEPs. Sciences Po Aix, like other IEPs, is nationally renowned for its excellence in public administration, political science, and law. However, it distinguishes itself with a strong focus on defense, international relations, geopolitics, and international security—fields in which it has developed specialized programs that are recognized as being among the best in Europe. History Sciences Po Aix was established in 1956 by jurist and law professor Paul de Geouffre de La Pradelle. The school is the direct heir of the ''École Libre des Sciences Politiques'', created by Émile Boutmy in 1872 in response to a need for political stability foll ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paris Nanterre University
Paris Nanterre University (), formerly University of Paris West, Paris-X and commonly referred to as Nanterre, is a public research university based in Nanterre, Hauts-de-Seine, France, in the Paris metropolitan area. It is one of the most prestigious French universities, mainly in the areas of law, humanities, political science, social and natural sciences and economics. It is one of the thirteen successor universities of the University of Paris. The university is located in the western suburb of Nanterre, in La Défense area, the business district of the Paris area. Paris Nanterre University alumni include more than 15 cabinet officials, heads of state or government from France and around the world, like Emmanuel Macron, Nicolas Sarkozy or Dominique de Villepin. Alumni also include heads of central banks, legislators and business people, like Christine Lagarde, Dominique Strauss-Kahn or Vincent Bolloré. History The Nanterre campus of the University of Paris The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European People's Party
The European People's Party (EPP) is a European political party with Christian democracy, Christian democratic, liberal conservatism, liberal-conservative, and conservative member parties. A transnational organisation, it is composed of other political parties. Founded by primarily Christian-democratic parties in 1976, it has since broadened its membership to include liberal conservatism, liberal-conservative parties and parties with other centre-right politics, centre-right political perspectives. On 31 May 2022, the party elected as its President Manfred Weber, who was also EPP's ''Spitzenkandidat'' in 2019. The EPP has been the largest party in the European Parliament since 1999 and in the European Council since 2002. It is also the largest party in the current European Commission. The President of the European Commission Ursula von der Leyen and the President of the European Parliament Roberta Metsola are from the EPP. Many of the founding fathers of the European Union were ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union For A Popular Movement
The Union for a Popular Movement ( ; UMP ) was a Liberal conservatism, liberal-conservative List of political parties in France, political party in France, largely inspired by the Gaullism, Gaullist tradition. During its existence, the UMP was one of the two major party, major parties in French politics along with the Socialist Party (France), Socialist Party (PS). In May 2015, the party was succeeded by The Republicans (France), The Republicans. Nicolas Sarkozy, the then president of the UMP, was elected president of France in the 2007 French presidential election, until he was later defeated by PS candidate François Hollande in the 2012 French presidential election, 2012 presidential election. After the November 2012 party congress, the UMP experienced internal fractioning and was plagued by monetary scandals which forced its president Jean-François Copé to resign. After Sarkozy's re-election as UMP president in November 2014, he put forward an amendment to change the name o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
