Christine Lagarde Returns to Washington As Head of IMF

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Christine Lagarde Returns to Washington As Head of IMF A free monthly review of French news & trends VOL. 11.06 JULY 31, 2011 Christine Lagarde Returns to Washington as Head of IMF Christine Lagarde, formerly France's Minister for the Econ- omy, Finance and Industry, became Managing Director of the International Monetary Fund on July 5. As head of the international organiza- tion, Lagarde returned to her former stomping grounds in Washington, D.C., this month. Shown here, Lagarde celebrates Bastille Day at the Embassy of France on July 14. For more on Lagarde’s background and his- tory with the United States, see Photo: Sylvain de Gelder Sylvain Photo: page four. France Offers Solutions to Global Food Price Speculation, Works with G20 With global food prices at record highs and expected to increase even more this decade, agricultural ministers from the Group of 20 nations met in Paris on June 21 and 22 to discuss solutions to the crisis. According to the United Nations’ Food and Agriculture Organization (FAO), food prices will be 30 percent higher on average this decade than last. “Rising commodity prices are the main threat to growth,” said French President Nicolas Sarkozy, who has made increased transparency of global food markets INSIDE a priority for the French presidency of the G20 and G8 in 2011. With greater transparency, leaders hope there 2 Current Events will be less speculation over the global food supply by Solar Plane at Paris Air Show 3 France & America © Photographer2008 © Photographer2008 investors and stockholders, which would stem food price increases. French Oil CEO Speaks in D.C. Commodity prices have soared for global During their talks, the agricultural ministers agreed 4 In Depth staples such as wheat, pictured above. to form the International Research Initiative for Wheat Christine Lagarde in the U.S. Improvement (IRIWI), a group that will find ways to improve the nutritional value and safety of wheat and develop more sustainable means of production. 5 Business & Tech IRIWI will also be responsible for facilitating collaboration between smaller-scale agricultural research Moët Hennessy to Plant in China organizations on national and international levels. 6 Society To meet France’s goal of improving transparency in commodity markets, the ministers also agreed to DJ at the Grand Palais in Paris create the Agricultural Market Information System (AMIS), which will facilitate communication between 7 Culture producing, exporting and importing countries, as well as commercial enterprises and international orga- U.S. Teen Choir Tours France nizations. By improving collaboration between the different entities of the food market, the ministers hope to improve the reliability and timeliness of information about the market outlook. 8 France in America Said French Minister of Agriculture Bruno Le Maire of the Paris talks, “The point… was to avoid the 21st Bastille Day in the U.S. century being the century of hunger.” Pleased with the consensus, Mr. Le Maire considered that “we have taken part in a historic agreement… this is a tour de force for the international community.” En bref [ Current Events ] AFTER LAGARDE, MUSICal CHAIRS IN FRENCH GOVERNMENT Solar-Powered Aircraft Breaks Record at Paris Air Show President Nicolas Sarkozy reshuffled his executive cabinet at the end of June. It was business as usual at the International Paris Air Show this year, which Christine Lagarde’s departure for the took place from June 20-26, but one of the 140 aircrafts featured made a International Monetary Fund left open unique experience for the 138,000 professional and 200,000 general public her former position as Minister for the visitors. Appearing as a special guest was the Solar Impulse, a new aircraft Economy, Finance and Industry, to be that runs completely on solar energy. Each day, visitors got to see it on the filled by François Baroin. He previously ground and in flying displays, which showcased its silent electric motors. served as Minister of the Budget, and The Solar Impulse marks the first time in history that an aircraft has Minister for Overseas Territories, among flown successfully for over a day on solar power. On July 8, 2010, the Solar Revillard/Rezo.ch © Solar Impulse/Jean other positions. Valérie Pécresse took his Impulse flew 26 hours straight without any fuel. Everything in and on the place as Minister of the Budget and plane, including its carbon fiber structure, was designed to save energy. The continues to be government spokesper- plane is both strong and light, having a wingspan of 208 feet, but weighing The Solar Impulse, which runs entirely on son. She is one of six female min-isters no more than a car (approximately 3,500 lbs.). solar power, debuted in Paris this June. serving in the cabinet. In the reshuffle, Solar Impulse’s creators, Bertrand Piccard, a psychiatrist and aeronaut, Laurent Wauquiez took Minister and André Borschberg, an engineer and pilot, launched the Solar Impulse project in 2003. The two are working on a second Pécresse’s vacated position, and Jean prototype, HB-SIB, for which plans are to cross the Atlantic, the USA, and ultimately fly around the world on solar energy. Leonetti became Minister of Foreign and European Affairs in place of Minister Wauquiez. Mr. Sarkozy created a new Interview with Colonel Brice such close relationships with the diplomats at the position, Junior Minister for French Houdet, Attaché for Ground embassy, who in turn report to the Ministry of Foreign Expatriates, filled by David Douillet, a Forces, Defense Mission at the Affairs in Paris. move that anticipates new representation Embassy of France for French abroad in the National How is the Defense Mission following President Obama’s Assembly. If you have ever visited the French decision to draw back troops in Afghanistan? What was Embassy in Washington, D.C., you the department’s response to the decision? CYCLISTS RACE FOR GLORY might have noticed quite a few We don’t evaluate policy decisions in our office. Instead, we IN 98TH TOUR DE FRANCE military personnel walking around must understand the evaluations made in Washington and Cyclists once again raced for first the compound. These militaires are Paris, and explain them to policy makers on both sides. place this month in the fabled Tour not based in Washington as part of their active duty, but We’ve tried to gather as much information as possible de France, which ran July 2 - 24. rather as part of France’s goal to study U.S. defense strategy, about the time frame in Afghanistan, to relay it back Each year the course changes but and to foster collaboration between the two countries. to Paris. always finishes in Paris, with a loop News From France sat down with Colonel Brice Houdet, around the Champs-Elysées. This the Attaché for ground forces, to talk about what an average What is your role at the military mission? year’s route began at the Passage du day is like at the Defense Mission. I work with the United States Army and Marine Corps. I Gois in east-central France. Twenty- track everything I can about equipment, two teams competed for the famed Tell me a little bit about the doctrine and training, and relay that yellow jersey. This year, 34-year-old Defense Mission in Washington: information between the Pentagon and Cadel Evans became the first What happens there on a daily the Defense Ministry in Paris. I also Australian and the second oldest basis? work on defense policy in Africa, and on person to win the tour since World The Defense Mission has two func- veterans’ affairs. War II. Evans was runner-up in tions at the embassy. The first is to understand U.S. defense I love working with Americans—when they say they will 2007 and 2008, and in 2010 lost policy and repeat it back to France, and to represent French do something, they keep their word. the lead after a crash. The second policy to the Pentagon. The second is to organize and and third place riders this year were facilitate cooperation between the two military powers. What do you think the American public should know brothers Andy and Frank Schleck of This involves sharing and receiving information about about the Defense Mission’s work? Luxembourg. Said Cadel of his vic- training, equipment and doctrine. We need to have a good Currently, the military cooperation between the two coun- tory, “It’s been a beautiful race, and understanding of what is going on in the U.S. Department tries is working extremely well. There have been moments thanks to these two brothers here I of Defense. We work every day on Libya, the Ivory Coast, in our history—in 2003, when France decided not to go into think it was a fantastic experience Afghanistan and other collaborative missions. Iraq, and in 1966, when President de Gaulle forced NATO for everyone involved." France's headquarters to leave Paris—when the relationship was Pierre Roland took home the white Why is it important for France to have a permanent mili- more difficult. jersey as this year’s best young rider. tary presence in the U.S.? Today, everything is working well. We share the same The United States is the premier military power in views. In 230 years of our countries’ coexistence, we have the world. France has to be here to understand the shape never been at war. I don't think this is by chance—we share that war will take in the future. When one loses at war, the common values: human rights, freedom, democracy. The stakes couldn’t be higher; it’s the survival of one's country. role of the military is to fight to protect those common values for your country.
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