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Christine Lagarde
Christine Madeleine Odette Lagarde (; née Lallouette, ; born 1 January 1956) is a French politician and lawyer who has been serving as 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 to 2011. She was 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 multinational law firm Baker & McKenzie as an associate in 1981, specializing in labor, 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 ...
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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. Lagarde has served as the president of the ECB since 1 November 2019. She is the first woman to hold the post. 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 G20. The officeholder is appointed by a 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 19 ...
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Hervé Novelli
Hervé Novelli (born 6 March 1949 in Paris) is a French politician of Italian origin, and a past member of the UDF group. He was a deputé in the Assemblée Nationale for the Indre-et-Loire département from 2002 to 2007, having previously been a député from 1993–1997. He has also served as a member of the European Parliament from 1999 to 2002 and as vice-president of the Indre et Loire local government (''conseil général'') from 1998 to 2001. He is also mayor of Richelieu since 2001. In June 2007, he became a member of the cabinet of Nicolas Sarkozy as an undersecretary for business and foreign trade (''secrétaire d’Etat chargé des Entreprises et du Commerce extérieur''). He was from March 2008 to 13 November 2010 an undersecretary for commerce, craftsmanship, small and medium businesses, tourism and services (''secrétaire d’Etat chargé du commerce, de l’artisanat, des petites et moyennes entreprises, du tourisme et des services'') in the cabinet of Nicolas Sar ...
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £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. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ...
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Financial Crisis Of 2007-2008
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessmen ...
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Group Of Eight
The Group of Eight (G8) was an inter-governmental political forum from 1997 until 2014. It had formed from incorporating Russia into the Group of Seven, or G7, and returned to its previous name after Russia left in 2014. 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. Russia was added to the political forum from 1997, which the following year became known as the G8. In March 2014 Russia was suspended indefinitely following the annexation of Crimea, whereupon the political forum name reverted to G7. In January 2017, Russia announced its permanent withdrawal from the G8. However, several representatives of G7 countries stated that they would be interested in Russia's return to the group. The European Union ( ...
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Baker & McKenzie
Baker McKenzie is an international law firm located in Chicago, Illinois. It was founded in 1949, originally named Baker & McKenzie. It now has 77 offices in 46 countries. It employs 4,809 attorneys total, and approximately 13,000 employees total. The firm took in $3,126,729,000 gross revenue in 2021, thus placing 4th on The American Lawyer's 2022 Am Law 200 ranking. History Co-founding partner Russell Baker, born in Wisconsin and raised in New Mexico, opened his early practice, Baker & Simpson, in Chicago in 1925, following graduation from the University of Chicago Law School. Baker had early exposure to the Spanish language and other cultures, and his firm provided legal services to Chicago's growing Mexican American community. The firm later advised U.S. companies investing in Latin America. In 1949, the firm relaunched with John McKenzie, a litigator who had graduated from Loyola University Chicago School of Law, who took charge of the litigation practice, as Baker buil ...
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Paris
Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. Since the 17th century, Paris has been one of the world's major centres of finance, diplomacy, commerce, fashion, gastronomy, and science. For its leading role in the arts and sciences, as well as its very early system of street lighting, in the 19th century it became known as "the City of Light". Like London, prior to the Second World War, it was also sometimes called the capital of the world. The City of Paris is the centre of the Île-de-France region, or Paris Region, with an estimated population of 12,262,544 in 2019, or about 19% of the population of France, making the region France's primate city. The Paris Region had a GDP of €739 billion ($743 billion) in 2019, which is the highest in Europe. According to the Economist Intelli ...
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Government Of France
The Government of France ( French: ''Gouvernement français''), officially the Government of the French Republic (''Gouvernement de la République française'' ), exercises executive power in France. It is composed of the Prime Minister, who is the head of government, as well as both senior and junior ministers. The Council of Ministers, the main executive organ of the Government, was established in the 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 Government's most senior ministers are titled as ministers of state (''ministres d'État''), followed in protocol order by ministers (''ministres''), ministers delegate (''ministres délégués''), whereas junior ministers are titled as secretaries of state (''secrétaires d'État''). All members of the Government, who are appointed by the President following ...
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Née
A birth name is the name of a person given upon birth. The term may be applied to the surname, the given name, or the entire name. Where births are required to be officially registered, the entire name entered onto a birth certificate or birth register may by that fact alone become the person's legal name. The assumption in the Western world is often that the name from birth (or perhaps from baptism or '' brit milah'') will persist to adulthood in the normal course of affairs—either throughout life or until marriage. Some possible changes concern middle names, diminutive forms, changes relating to parental status (due to one's parents' divorce or adoption by different parents). Matters are very different in some cultures in which a birth name is for childhood only, rather than for life. Maiden and married names The French and English-adopted terms née and né (; , ) denote an original surname at birth. The term ''née'', having feminine grammatical gender, can be used ...
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Sciences Po Aix
Sciences Po Aix, also referred to as Institut d'Études Politiques (IEP) d'Aix-en-Provence, is a ''Grande École'' of political studies located in Aix-en-Provence, in the South of France. It is associated with Aix-Marseille University and is part of a network of ten Institut d'études politiques, known as IEP. Sciences Po Aix is renowned on a national level for its law studies and defense & international security studies. History Sciences Po Aix was established in 1956. It is the heir of the ''École Libre des Sciences Politiques'', created by Émile Boutmy in 1872, in response to a need for reform for the society and the republican state that has just been born, after the Franco-Prussian War of 1870. In September 2007, Philippe Séguin (1943–2010), then President of the Court of Audit (in French Cour des comptes), was elected President of the Administration Council, succeeding Jean-Paul Proust (1940–2010), Minister of the Principality of Monaco. In July 2010, the former Fre ...
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Paris Nanterre University
Paris Nanterre University (French: ''Université Paris Nanterre''), formerly Paris-X and commonly referred to as Nanterre, is a public research university based in Nanterre, Paris, France. 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 Nanterre (, ) is the prefecture of the Hauts-de-Seine department in the western suburbs of Paris. It is located some northwest of the centre of Paris. In 2018, the commune had a population of 96,807. The eastern part of Nanterre, bordering t ..., in La Défense area, the business district of Paris. History Nanterre was built in the 1960s on the outskirts of Paris as an extension of the Sorbonne. It was set up as an independent university in December 1970. Based on the Higher education in the Unit ...
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European People's Party
The European People's Party (EPP) is a European political party with Christian-democratic, conservative, and liberal-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-conservative parties and parties with other 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 also from parties that later formed the EPP. Outside the EU the party also controls ...
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