We're particularly conscious of the need to help spouses. Usually the diplomats will be able to speak the language, whereas spouses might not. So it can be a very isolating experience. So we do try to give a lot of support through what we call community liaison officers.
More Quotes from David Powell:
Peter Lehmann saved the growers, and Robert O'Callaghan stood in front of the bulldozers waiting to pull out the old vines. To keep the growers in business, Lehmann bought their fruit, made it into wine, and told the growers they would be paid when the wines were sold. It might have taken him three years, but the growers got paid.David Powell
We saw consolidation of the gains in the Canadian dollar from last Friday.
David Powell
The wording was that monetary policy is still stimulative, which implies further rate hikes down the line. And this morning, when capacity utilization was released, that definitely augured well for another rate hike.
David Powell
You can see that dollarCanada's had trouble going below C1.15. I think that's a reflection of the fact that the statement was somewhat less hawkish, and traders are less sure about the course of monetary tightening in Canada.
David Powell
This should help the greenback continue the rally experienced over the last few weeks and leave the market focusing on further dollar gains related to a potential move of the fed funds rate to 5.00 percent.
David Powell
The U.K. is an eye-grabber. These are petrodollars coming from the OPEC countries through intermediaries in London. Petrodollars continue to be very sensitive to interest rate differentials.
David Powell
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