Quotations
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Robert Hormats Quotes
«We still have the problem of the occupation of Iraq, which can be very uncertain and very dangerous. We still have North Korea, the potential for terrorism elsewhere and at home and SARS.»
Author: Robert Hormats
«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.»
Author: Robert Hormats
«There is a strong, long-term American interest in closer economic, trade and financial relations with China, ... Business Day.»
Author: Robert Hormats
«They were negotiating from a weaker position ... It would have been hard to defend some of these practices.»
Author: Robert Hormats
«They're doing what's proved to work in the past, which is to tighten rates.»
Author: Robert Hormats
«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 .»
Author: Robert Hormats
«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,»
Author: Robert Hormats
«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.»
Author: Robert Hormats
«A lot of these countries owe money to [U.S. banks] in dollars and yen and, therefore, our financial institutions may find it a little more difficult to collect on some of that money.»
Author: Robert Hormats
«Any country that seems to have a slightly overvalued currency gets whacked by speculators. People go after the ones they think will be the weakest.»
Author: Robert Hormats