Economics

Professor Webber discusses Europe's immediate problems

  "Europe must show it can provide solutions to problems facing people today," INSEAD Political Science Professor Douglas Webber told the AAPA on March 12 at Cafe Falstaff. "It's not enough today just to keep the peace," he added, referring to one of the key pillars of European unity following WWII.   Professor Webber spoke broadly about his recently-published book, European…


Professor Greenwald talks to AAPA members about big economic issues

On October 15, the AAPA met Columbia University Professor Bruce Greenwald, a leading authority on global economics and "value investing" -- the art, or science, of picking stocks, as Warren Buffett amazingly seems to do, that have been forgotten or sidelined but are potential winners. In our 90-minute breakfast meeting at Falstaff Café, Prof. Greenwald touched on a wide range of big economic…


AAPA meets Finance Minister Bruno Le Maire

On Monday, June 25 the AAPA met with the French minister of economics and finance, Bruno Le Maire. Le Maire received the organization in his offices at the Ministry of Finance. The Minister gave a broad overview of French president Macron’s plans for France and Europe. Le Maire said Europe must impose itself as a counterweight, between China and the US. « We have European values that are…


Pascal Lamy remains optismistic about the future of trade

  Pascal Lamy, who was director-general of the World Trade Organization for two terms from 2005 to 2013, talked to 25 members of the AAPA at a breakfast meeting at Chez Françoise in late May. The meeting came just as US President Donald Trump was about to introduce tariffs on his European allies for aluminum and steel and as the US threatened sanctions on European firms doing business in…


CGT union leader Martinez vows to keep up the fight against Macron reforms

Philippe Martinez, the leader of the hardline CGT union, conceded during his January 11 meeting with the AAPA that he had failed to prevent President Macron’s labour law reform.  But he vowed to continue fighting tooth and nail to prevent France becoming more like Britain - in his eyes a land of zero-hours contracts, diminishing workers’ rights, and official contempt for the unemployed. Asked if…


Macron’s Labour Market Reforms Crucial: Medef Chief

President Emmanuel Macron represents the last chance to reform France's rigid labour market, but his reforms should not make the country end up like the US or the UK, Pierre Gattaz told AAPA members over breakfast at Medef headquarters on June 23. “France won’t have another opportunity. Now we have no option,” the head of France's biggest employers’ federation said. Gattaz and his fellow business…


AXA CEO Says Brexit is No Display of Leadership

Henri de Castries did not mince his words when speaking about the Brexit fallout to the Anglo-American press Association in Paris recently: “When you see two old Etonians (UK Prime Minister David Cameron and former London Mayor Boris Johnson) playing with their country this way, it doesn’t show a lot of leadership or vision. And this game has been played for purely internal political reasons.”…


Tax Professionals Brief AAPA On Intrusive U.S. Law

Tax professionals John Fredenberger and Delphine Brett-Ziller and Lucy Laederich, former president of the Association of American Residents Overseas (AARO), shared their expertise with the AAPA on a recent U.S. law that affects the financial affairs of Americans abroad and is making them rethink their US citizenship. They spoke to 25 AAPA members at an informal gathering with refreshments kindly…


PSA’s Car-Racing Boss Tavares Meets the AAPA

A dozen AAPA members now have a better grasp of CEO compensation, vehicle emissions standards, labor relations and how to pull a 200-year-old company from the brink of bankruptcy after meeting with Carlos Tavares, the fast-revving chief executive of Groupe PSA. Speaking at a relaxed breakfast at PSA’s Paris headquarters, Mr. Tavares revealed that he had been motivated by other factors than money…


Uber Lays Out its French Woes to the AAPA

14 stalwarts of the AAPA who met Uber France chief Thibaud Simphal on Feb. 24 came away with a better understanding of the controversy and legal battle being waged between the upstart digital economy car-riding company and entrenched French interests. The timing of the meeting was perfect given the ongoing taxi wars in France and the government's promise to help out the traditional cabbies.…