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.
Additionally, many nations still see the identity of an Ambassador as an important sign of the state of their relationship with the United States. That, apparently, was one of the reasons that President Obama chose Caroline Kennedy as U.S. Ambassador to Japan.