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.
Robert Ellsworth served as Ambassador to NATO from 1969-1971 and recalls the aftermath of the crisis and the rebuilding of military cooperation between the U.S. and France. Read about Polandâs path to NATO membership and when New Zealand was kicked out of ANZUS.t the time of Franceâs military withdrawal, Alan James held the position of Foreign Policy Advisor (POLAD) to the US European Command (EUCOM).