Sovereign
in sentence
1399 examples of Sovereign in a sentence
China seems unlikely to abandon occupancy of any island, reef, or rock where it currently has a toehold, or to stop insisting on its
sovereign
ownership of most of the South China Sea’s land features.
Secretary Paulson has emphasized that the US is “open for business” from
sovereign
wealth funds.
There is no cause for the US to place any significant new restrictions on
sovereign
investments in the US beyond those that it already has on trade.
However, even if we can agree on keeping the US open to
sovereign
wealth fund investments, that is no reason for promoting exchange-rate policies that exacerbate the very trade imbalances that are driving the whole
sovereign
wealth fund phenomenon in the first place.
Things are trickier when public finances are under acute stress and markets are worried about
sovereign
solvency, as is the case in southern Europe.
Sovereign
interest-rate spreads have been well-behaved, the euro has strengthened, and equity markets have risen robustly.
Its viability would depend on citizens’ willingness to finance their government by investing their savings in its
sovereign
bonds, rather than pursuing more diversified and profitable portfolios.
Of course, this approach would limit financial integration, as banks would have to buy their own governments’ bonds, strengthening the link between financial and
sovereign
risk and crowding out lending to the private sector.
In other words, Putin expects members of his team to be loyal, follow orders like soldiers, and efficiently relay the will of the
sovereign
down the chain of command.
Sometimes the “sudden stop” in capital inflows sparks a currency crash, sometimes a banking crisis, and quite often a
sovereign
default.
In my recent work with Vincent Reinhart and Christoph Trebesch, I show that over the past two centuries, this “double bust” (in commodities and capital flows) has led to a spike in
sovereign
defaults, usually with a lag of 1-3 years.
Yet, since the peak in commodity prices and global capital flows around 2011, the incidence of
sovereign
defaults worldwide has risen only modestly.
The largest global surges in
sovereign
defaults have usually followed a capital-flow reversal that overlaps with a spike in international interest rates.
"A modern
sovereign
state, first and foremost, bases itself on the recognition of individual rights and democracy," according to Wang Yi, a liberal scholar.
"That is to say, given the nature of the current Iraqi regime, it has no right to ask for treatment as a
sovereign
state."
Now, many US politicians are complaining about the transparency of
sovereign
wealth funds (big government investors mainly from Asia and the Middle East), which are taking shares in trophy American assets such as Citibank and Merrill Lynch.
Bolivia’s 1988 buyback of close to half of its defaulted
sovereign
debt, an operation funded by international donors, is a classic example.
These explanations have some merit, but one should recognize that central banks and
sovereign
wealth funds, not private citizens, are the players most directly responsible for the big savings surpluses.
Helping to bring security and political stability to the Arab world would be a major achievement, and few international organizations, if any, can match the EU’s track record on the voluntary pooling of
sovereign
powers.
Purchase
sovereign
debt but not state or commonwealth (for example, Puerto Rican) debt?
The liquidity shortage caused by the European
sovereign
debt-crisis led developed countries’ banks – especially European banks with exposure in Hong Kong – to withdraw their funds, taking dollars with them.
For example, Ireland’s
sovereign
debt totals €40 billion ($50 billion), so it might “concede” 550 square kilometers – which amounts to less than 1% of its territory.
And, amid fears of
sovereign
default, this approach would be a welcome relief for creditors.
But a recent New York court ruling against Argentina in a case brought by a holdout hedge-fund creditor has dramatically raised the stakes of
sovereign
default and bankruptcy.
The approach embodied by the GCCS combines a traditional regime – in which
sovereign
states are the main players – with another, more modern approach, in which all of the agents concerned participate.
Now Draghi has signaled that, with the eurozone one or two shocks away from deflation, the inflation outlook may soon justify quantitative easing (QE) like that conducted by the US Federal Reserve, the Bank of Japan, and the Bank of England: outright large-scale purchases of eurozone members’
sovereign
bonds.
China is much less likely to interfere in the internal affairs of
sovereign
states.
Sovereign
wealth funds and institutional and private investors are increasingly recognizing that climate change will undermine their returns, and that governments eventually will begin to address the problem.
The New Bogeymen of Financial CapitalismThe sub-prime crisis has diverted attention from rising fears about
Sovereign
Wealth Funds (SWF’s) as the new bogeyman of global finance.
Even Egypt, a great and
sovereign
nation, accepted demilitarization of Sinai as a part of its peace process with Israel.
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