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.
She accompanies her husband Karl Eikenberry, the U.S. ambassador in Kabul, on every trip. Last year, President Bush tapped the former ambassador to Columbia, William Wood, to become U.S. ambassador to Afghanistan. Stevens, who spoke Arabic, took up his appointment as ambassador to Libya in the Spring of this year.