Robert Hormats
Robert Hormats
Robert D. "Bob" Hormats is Vice Chairman of Kissinger Associates. Immediately prior he served as Under Secretary of State for Economic Growth, Energy, and the Environmentfrom 2009 to 2013. Hormats was formerly Vice Chairman of Goldman Sachs, which he joined in 1982. He served as Senior Deputy Assistant Secretary, from 1977 to 1979, and Assistant Secretary of State, from 1981 to 1982, at the Bureau of Economic and Business Affairs. He was Ambassador and Deputy U.S. Trade Representative from 1979...
NationalityAmerican
ProfessionPublic Servant
Date of Birth13 April 1943
CountryUnited States of America
They are doing better, but we've seen these packages in the past and it remains to be seen how much impact there will be in this package, ... But at least they're doing something and that's a plus.
They were negotiating from a weaker position ... It would have been hard to defend some of these practices.
They'll get their IMF money and that should help a little bit.
It's more of an opportunity than a threat,
They're doing what's proved to work in the past, which is to tighten rates.
The U.S. is better off because we would not be selling very much to Mexico today if the Mexican economy were in crisis. In fact, we are selling more to Mexico today than before the crisis occurred.
The market is beginning to focus on the huge U.S. trade imbalance and there is a view that as growth picks up in Japan and interest rates go up, a lot of the money coming from Japan to the U.S. will not come as rapidly into the U.S. securities markets, ... Before Hours .
It is already putting downward pressure on the dollar and that will be a concern so they'll have to talk about trade and they'll have to talk about exchange rate stability,
I think the Fed's watching Asia very closely right now. The impact of Asia is still to be felt and that's one factor among many that will keep the Fed from raising rates.
Americans understand that one of our great national strengths is innovation. Great innovators - Benjamin Franklin, Henry Ford, Thomas Edison, Bill Gates, Steve Jobs, and others - are household names.
The social and economic impact of innovative American researchers, companies, and workers over the course of U.S. history have been enormous.
As the world's 'most dynamic' cities seek to manage their own urban growth, American state and local officials have much to offer. Our mayors can share their experiences in urban design, clean energy projects, Smart Grids, codes for energy efficient buildings, transportation safety, and innovative environmental solutions.
In every major war we have fought in the 19th and 20th centuries. Americans have been asked to pay higher taxes - and nonessential programs have been cut - to support the military effort. Yet during this Iraq war, taxes have been lowered and domestic spending has climbed. In contrast to World War I, World War II, the Korean War and Vietnam, for most Americans this conflict has entailed no economic sacrifice. The only people really sacrificing for this war are the troops and their families.
Drug and human traffic are getting a lot more attention than illicit wildlife trafficking. And just as we need to intensify our efforts to combat drug trade and human trafficking, we also need to intensify our efforts to combat illicit wildlife trafficking...They all need to be addressed through bold and consistent actions by the international community.