News that Cecilia Sarkozy is divorcing her husband, President Nicolas Sarkozy, is all over the U.S. press. But there is another woman in the Sarkozy constellation who matters more than Cecilia. She is Christine Lagarde, the 51-year- old French finance minister. At a recent meeting at the Council on Foreign Relations, Lagarde outlined her plan to cut marginal taxes on labor, lower the tax rate on investors by boosting research tax credits, lower the share of citizens' total income that can go to income taxes to 50 percent or less, and end a requirement that all patents be translated into French. Amity Shales writes that Lagarde is the one most likely to seduce investors away from the U.S. and to France.
French President Francois Hollande visited the United States, from February 10-12, 2014. In Washington, he met with President Barack Obama, Vice President Biden, Secretary of State John Kerry, directors of the IMF and the World Bank, and met with several American CEOs.
The French government published a white paper on June 17, 2008, which, according to its introduction, "substantially redefines French strategy in a 15-year perspective, embracing both defense and national security." On April 29, 2013, the government released its fourth defense reform paper, which freezes the budget, further reduces personnel and equipment in addition to 2008 cuts, and focuses on intelligence gathering, cyberwarfare, and drones.
Secretary John Kerry and French Foreign Minister Laurent Fabius held this press conference after their meeting on February 27, 2013. They discussed the Syrian crisis, negotiations with Iran, and terrorism in North Africa.
The Declaration of the Rights of Man and of the Citizen was passed by the French National Assembly on August 26, 1789. The declaration expressed the ideas of the French Revolution and was incorporated into France's Constitution in 1791.
Learn more about CFR’s mission and its work over the past year in the 2016 Annual Report. The Annual Report spotlights new initiatives, high-profile events, and authoritative scholarship from CFR experts, and includes a message from CFR President Richard N. Haass. Read and download »