Sovereign
in sentence
1399 examples of Sovereign in a sentence
Sovereign
wealth funds, pension funds, global investment banks, and hedge funds do not invest only in their own backyard.
As the full extent of the cover-up was revealed, foreign investors, like GIC Private Limited (Singapore’s
sovereign
wealth fund), rebelled.
Norges Bank Investment Management, Norway’s $870 billion
sovereign
wealth fund (the largest in the world), has also pushed for changing governance rules, including separating the role of chief executive and chairman and better reporting by companies on how they are addressing climate change.
Although countries can become insolvent, they have many ways to reduce their
sovereign
debt before this happens.
But as a
sovereign
country, China is justified in pursuing the policies that it sees fit, at least until evidence emerges that its own people object to the course it has charted for itself.
The convergence of
sovereign
debt yields implied and required by the establishment of the common currency need not return.
Capturing the ECBNEW YORK – Nothing illustrates better the political crosscurrents, special interests, and shortsighted economics now at play in Europe than the debate over the restructuring of Greece’s
sovereign
debt.
If the banking system were well regulated, with banks holding
sovereign
debt having purchased insurance, an involuntary restructuring should perturb financial markets less.
It was no coincidence that during President Xi Jinping’s state visit to the United Kingdom in October 2015, China chose London to issue its first overseas renminbi
sovereign
debt.
But now, because governments’ deployment of overwhelming financial resources to save selected private institutions deemed too big to fail caused
sovereign
debt to increase dramatically, officials have imposed fiscal austerity in deference to bond-market demands.
The terrorist attacks of 2001, followed by the Afghanistan and Iraq wars, the Great Contraction of 2008, the Arab Spring, and Europe’s
sovereign
debt crisis, all diverted the United States from helping to create a lasting structure of peace to accommodate today’s resurgent Asia.
The South China Sea, for example, is now churning with competing claims to its islands, atolls, and sea bed, including China’s bold assertion that all of it is Chinese
sovereign
territory.
The philosophical problem concerns China’s renewed conception of itself as the “Middle Kingdom,” a state with no
sovereign
equal.
These policies, by design, lowered the return on
sovereign
bonds, forcing investors to seek yield in markets for higher-risk assets like equities, lower-rated bonds, and foreign securities.
The increase in FDI inflows, access to
sovereign
debt, and sharp expansion of migrant remittances have all contributed to a shift in the revenue base away from commodities.
And, while Japan is a country with a long, unified history, and thus could survive a quarter-century of stagnation, the European Union is an incomplete association of
sovereign
states that is unlikely to withstand a similar experience.
"India is a very big country," Stalin observed, and then pointing to Sri Lanka said, "What is the name of this little Indian island?""That is not an Indian island, sir," the diplomat replied, "it is a
sovereign
nation."
The impacts of sharply rising oil prices and ongoing
sovereign
debt problems in Europe are also very worrisome.
The official line so far has been “no default,” meaning no
sovereign
default or that of any bank can be considered.
It also has a
sovereign
wealth fund currently valued at over $600 billion and set to rise to $1 trillion by 2020, owing to vast reserves of oil and gas.
Because deflation drives up the real burden of
sovereign
debt and public non-debt liabilities such as pension systems, its emergence would undermine the already fragile state of many countries’ public finances and kill growth.
But the bigger challenge is the unfunded non-debt liabilities in pension funds and social-security systems, which are estimated to be four times or more the size of
sovereign
debt.
For
sovereign
debt, that means default, which will happen only in extreme circumstances; for non-debt liabilities, it means changing systemic parameters – for example, increasing the retirement age – which is contentious and exceptionally difficult to do politically.
“We want Ukraine to be a strong, sovereign, and independent country,” says Putin.
But some of this increase is driven by more worrisome factors: the effects of large budget deficits and debt on
sovereign
risk, and thus on real interest rates; and concerns that the incentive to monetize these large deficits will lead to high inflation after the global economy recovers in 2010-11 and deflationary forces abate.
In Europe, this has led to several ratings downgrades of the
sovereign
debt of the most distressed countries, accompanied by bouts of contagion spilling over to the euro.
As for the US, Moody’s recently issued a warning on the country’s
sovereign
debt in the face of uncertainty about Congress’s willingness to raise the debt ceiling amid highly partisan debate about the deficit.
Debt growth exposed critical weaknesses in the eurozone’s economic constitution: national debts are the responsibility of member countries, but the common currency is without a
sovereign.
Until recently, the bond markets treated all euro
sovereign
debts as virtually equal, not raising interest rates on high-debt countries until the possibility of default became clear.
Sovereign
debt, needed by all countries, but particularly by the poorest, suffers profoundly from erratic interest-rate and exchange-rate movements.
Back
Next
Related words
Countries
Their
Would
Wealth
Bonds
States
Which
Funds
Banks
Financial
Country
Crisis
Default
International
State
Markets
Could
Other
Governments
Should