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Showing posts with label International Monetary Fund. Show all posts
Showing posts with label International Monetary Fund. Show all posts

Monday, 29 October 2012

That "special" TV moment between IMF head Christine Lagarde and CNBC journalist Maria Bartiromo

Recently Christine Lagarde, the head of the International Monetary Fund,  appeared, as she has done regularly, on the US-based satellite and cable television business news channel CNBC.

Facing her was the channel's Maria Bartiromo, a journalist with a proven track record, author of several books and recipient of various awards.


Christine Lagarde and Maria Bartiromo (screenshot montage from CNBC video)

The main thrust of what Lagarde had to say was that "austerity upon austerity doesn't work," with Bartiromo pushing to find out whether Greece would be offered a better deal.

So the scene is set for an interview between two very capable women with Bartiromo quizzing Lagarde on the world global economy (of all things) just ahead of the the annual meetings of the IMF and the World Bank Group in Tokyo.

But remember this was television - a medium in which some journalists, even the most experienced and accomplished can fall into the trap of considering themselves to be at least equal if not sometimes better than the person they're interviewing - or at least giving the appearance of what they have to say and their take on an issue, matters.

You know the sort of thing: a journalist specialising in a certain field becomes the expert qualified to share with viewers, listeners or readers, their point of view.

"Hello subjectivity" and "Goodbye objectivity".

Although there are several examples earlier on in the interview of Bartiromo chipping in with her comments on what Lagarde is saying, take a listen to the exchange that takes place between the two when France is mentioned (fast forward to eight minutes and 57 seconds in the accompanying video - you can watch it here).

Lagarde of course is French and before taking over from Dominique Strauss-Kahn (yes the job has become something of a Gallic domain in recent years) she was this country's finance minister.

Bartiromo wanted to find out (really?) Lagarde's thoughts on the 75 per cent tax rate the French government is planning to impose on those earning more than €1 million annually, asking whether she found it "appropriate".

Ever the international diplomat that she has become, Lagarde was not to be drawn saying she was going to take questions on France for obvious reasons.

"Because it's your country?" asked Bartiromo.

"Correct," replied Lagarde.

But that wasn't enough for the journalist who wanted an answer to the question she had "posed", even if now forced, in part, to give it herself.

"It does seem a little aggressive from a policy standpoint," began Bartiromo.

"Do you think we could see that kind of tax rates in other countries? I mean, this is a real debate. I understand you don't want to criticise or comment on something going on in France. But you have to be thinking about this," she finished, allowing Lagarde a little more room for manœuvre without having to appear to comment openly on internal French politics.

A clever rephrasing of the question from Bartiromo to try to tease out an opinion or a point of view that might otherwise be buried under a blanket of diplomatic doublespeak?

Or a clumsy technique of appearing to the devil's advocate but perhaps letting slip her own thoughts on the subject?

You decide.

Either way, for such a normally dry subject, it's a delicious TV moment as both women retain their poise during what could have been an instant of dead air silence.

Saturday, 28 April 2012

Dominique Strauss-Kahn: "Perhaps I was politically naive" - he's kidding right?

There might well be something to the claims made by former International Monetary Fund boss Dominique Strauss-Kahn that political opponents' handling of the events after his infamous sexual encounter with a maid in a New York hotel in May 2011 amounted to an "orchestration".
 DSK arrest in New York (screenshot BFM TV)

After all, it's not the first time such allegations have been made.

But one sentence in a piece by Edward Jay Epstein in Friday's edition of the UK daily national The Guardian surely makes a complete mockery of any arguments there might be to back up that theory and any support he might still have.

"Perhaps I was politically naive but I simply did not believe that they would go that far … I didn't think they could find anything that could stop me," he says.

Politically naive?

Strauss-Kahn might be many things, but surely "politically naive" isn't one of them.

From a man who had a long career in French politics and served as both a member of the National Assembly and two years as finance minister, ran (unsuccessfully) for the 2007 Socialist party presidential nomination and was later appointed head of the IMF after being nominated by Nicolas Sarkozy.

He's having us on right?

When will the media stop running profiles and interviews with a man who was a total disgrace and embarrassment to France and its  political system?

Thursday, 22 December 2011

Anne Sinclair named France's Woman of the Year - really?

A poll carried out for Terrafemina, an online women's magazine, has named Anne Sinclair as France's Woman of the Year.

Sinclair was a "symbol of courage and tenacity in face of the legal difficulties of her husband," the magazine said in announcing the results of the poll carried out on its behalf by CSA (Conseils-Sondages-Analyses).

No kidding.

It would be hard for anyone tuned in to the news in the weeks following the arrest of her husband, former International Monetary Fund chief Dominique Strauss-Kahn of course, not to have been impressed by her stoicism (and money) as she "stood by her man".

But French Woman of the Year?

Certainly not as far as the Green's presidential candidate Eva Joly is concerned.

"I find it sad," Joly said in an interview on news channel i>Télé.

"It reflects a view of life and gender relations that's very, very old-fashioned," she continued.

"I find it quite shocking, unbelievable even, that her popularity can be greater than that of a prominent politician such as Christine Lagarde," she added.

Lagarde, France's former finance minister and DSK's successor at the IMF came second in the poll.

Deserved or just too much Tammy Wynette about the outcome? What do you think?

The poll was conducted by telephone on December 6/7.

A representative sample of 1,005 people aged 18 and over were asked to choose from a list of 10 names, two women they considered had made the biggest impact in 2011.

Here, in a screenshot from the survey, are the overall results.



screenshot from PDF file from CSA survey



You can download the full report in PDF format from the CSA website.

Tuesday, 7 June 2011

Citroën DS4 and the ad campaign's similarities to the DSK affair

It's a tricky one surely.

What do you do when just as you're about to launch a new product after time, money and thought have been spent in preparing an attention-grabbing advertising campaign, along comes an event with the potential to scupper everything?

You go ahead regardless, hoping that it'll not have an adverse effect on image and sales.

Citroën DS4 (screenshot from television spot)

The product is a new model from the French car manufacturer Citroën.

THAT event was the arrest of the former head of the International Monetary Fund, Dominique Strauss-Kahn - or DSK as he's more commonly known in France - on charges of sexual assault.

Citroën launched the advertising campaign for its DS4 just a couple of weeks after DSK's arrest.

And it wasn't just the similarity in pronunciation (in French) of the car's name and the sobriquet of the former frontrunner for the Socialist party's primary for next year's French presidential race - DS4 DSK - that raised a few eyebrows.

The television commercial spot - complete with the slogan "Le pouvoir de dire non" ("The power to say no") had, what the weekly news magazine L'Express said were "echoes of the scandal which had made national and international headlines over the weeks preceding the official launch."

(screenshot from television spot)

From the start of the spot with that perhaps unfortunate and ill-timed tag line, the unintended allusions to the affair that everyone in France has been talking about come thick and fast.

"What do you want? Love, money, power?" runs one line of the voiceover.

"How many times have you said yes?" asks another.

"During your life you say 'Yes' all the time, but have you ever tried to say 'No'?"

The idea is of course - and one that's spelled out towards the end - is to convey that the DS4 is somehow "nonconformist" and doesn't "resemble any other vehicle".

But somehow while you're watching your mind is on something else entirely.

Citroën and its advertising agency H decided against pulling the commercial and even if, as the cultural (focussing on Rock music) weekly Les Inrockuptibles suggests, Internauts become tired of reading so much about DSK - the politician that is - at least nobody can blame Citroën for "not being talked about".

And if sales aren't that good?

Well at least Citroën can take comfort that in January the DS4 was named "The most beautiful car of the year 2010" (even though it was only launched in May 2011 - go figure) by the Festival automobile international.

Thursday, 28 April 2011

An appeal to Mr DSK - Please don't run for president

The speculation as to whether Dominique Strauss-Kahn will run in the primary to choose the Socialist party's candidate for next year's presidential election in France is just about as exciting as watching paint dry.

Dominique Strauss-Kahn (image from Wikipedia)

Everyone knows what his intentions are - at least they think they do.

But DSK's saying nothing although all the signs are that it'll be a "yes".

For the moment though at least the French can hope - that he won't run.

Because please Mr. DSK, leave it to the younger generation to fight it out and try to persuade the French that the Socialist party has a viable alternative to the current government heading ever further into the territory of the far-right Front National.

Let's face it Mr DSK, you're not getting any younger.

You have a checkered past - politically, legally and dare one say in terms of affairs of the heart (or certain appendages).

We all know in France that reputed philandering shouldn't matter - and it doesn't most of the time - in politics, but it's not exactly the best of character references for a man aiming for the country's top job, no matter what his undoubted skills and talent might be.

And wouldn't a complete break with the past and the accepted way of doing politics be good for the Socialist party?

Yes we all know that Seggers might seem as mad as a hatter to many out there, and certainly her love-in with the French media seems to have gone pear-shaped.

But one thing she did last time around - and which sparked a ray of hope - was get younger people involved with the promise that she was the answer to the party elephants.

She fair black-eyed you in the prelims - you and Fabius - but like the good sports you were, you gritted your teeth, stuck the knife in and appeared to be behind her for the presidential election.

Your aim was true. She lost.

There then followed that debacle over the leadership contest, which you weren't part of because you had already accepted a cushy number over in Washington.

But your shadow has apparently been casting its mark over the party all the way across the Pond.

And you've kept in touch with what has been happening here even if it is has been from a distance or during literally flying visits to press the flesh.

Will you beat Sarkozy? All the polls say so.

But do you really have an alternative to offer?

Can Socialists unite behind you (perhaps) and carve out a new definition and role for themselves - er...maybe not.

Let the younger generation have their say. It's time.

Throw your support behind one of them.

Act as a mentor - one full of sagacity, sound advice and support - and avoid any possible compromising dalliances.

Who knows, you might even end up as prime minister.

Wednesday, 16 March 2011

DSK and the "Yes we Kahn" tee shirt - a hint for 2012?

Will Dominique Strauss-Kahn throw his hat into the ring for the Socialist party primary to become its official candidate in France's 2012 presidential election?

He says he has made his decision but is keeping it to himself for the moment - just as he has done during months of relentless media speculation both at home and abroad.

(screenshot from Canal + documentary)

At the weekend Canal +, France's premium pay television channel aired a documentary dedicated entirely to DSK as he's more popularly known.

"Un an avec DSK - au coeur du FMI" wasn't just a straightforward interview but, as its name suggests an almost hour-long portrait of the man following him around in his role as head of the International Monetary Fund.

It wasn't encrypted as most of the channel's programmes are, so anyone who wanted to could watch.

It was an intriguing documentary which illustrated just how much interest there is from journalists around the world about DSK's intentions for 2012, while at the same time underlining his inability to be able to give any sort of straight answer as it would contravene IMF regulations forbidding political comment.

DSK also came across as a man busy cultivating an image that certainly doesn't do his stature as a heavyweight on the international political scene any harm whatsoever.

There were also a couple of moments that were surely quite telling about DSK's continual cat-and-mouse game with the media as the inevitable questions about his intentions for 2012 were asked - time and time again.

The first came in July 2010 during a summit in South Korea when the boss of one of the country's largest newspapers quite simply asked him, "So you're going to run to be president?"

"Yes," came the immediate response and a pause for effect.

"I'm going to run...to see your president (Lee Myung-bak) tomorrow morning - I hope."

And the second tease came in September 2010 when DSK and his wife Anne Sinclair, attended the IMF's annual football tournament in the suburbs of Washington.

They, and others, were wearing tee shirts with his image and the slogan "Yes we Kahn" printed on the back.

When the journalist pointed out the obvious similarity to the one used by Barack Obama in 2008 and suggested that it could be construed like a declaration of sorts, DSK laughed it off.

"The tee shirts had been made without my knowledge and are in support of the team representing my office, he said.

And when asked by the journalist what he thought of the (tee shirt's) slogan DSK replied, "It has been used once. It can't be used again."

Whatever your thoughts on the chances of any Socialist candidate winning in 2012, DSK, has until mid July to announce whether he's going to run in the party's primary.

That's when nominations close.

In the meantime, as the weekly news magazine L'Express writes, DSK appears to be the master at playing the political game to its full.

"He says just enough to remain within the constraints placed upon him by the IMF while at the same time not too little that the French would forget him."
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