These can lead to large interim losses. By contrast, we believe active hedging is a more effective approach towards managing currency translation risk as it allows skilful active managers to adjust a portfolioâs currency hedges as the macroeconomic environment changes, reducing cash flow demands for the investors.
The incumbent United States Ambassador to the United Nations is the honorable Susan Rice.
Ambassador Palmer, professor of the practice of inter-national affairs at the Elliot School of International Affairs, the George Washington University, Washington, DC, also is a member of the board of AMERICAN DIPLOMACY PUBLISHERS, this journals parent organization.