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Sovereign in sentence

1399 examples of Sovereign in a sentence

But such a move would require a political will inconceivable today given America’s reluctance to relinquish any sovereign power to supra-national organizations.
The outcome is both uncertain and highly consequential – for Europe, of course, but also for a global economy that is in the midst of a synchronized slowdown and operating with a weakened anchor, owing to America’s recent debt-ceiling debacle and the humiliating loss of its AAA sovereign credit rating.
In Europe, the EU has continued to kick the can down the road, rather than deal with its crises in sovereign debt, banking, growth, and unemployment.
For the last 18 months, this has been Europe’s method for confronting its sovereign debt crisis as well: it has taken the necessary decisions, but always as a last resort.
The Chinese surplus, on the other hand, being heavily skewed towards US government bonds, primarily boosts personal consumption – a process whose apotheosis came in the early 2000’s, as the Bush administration’s tax cuts, together with cash-out home refinancing and home-equity loans, turned US sovereign debt into consumer credit.
By contrast, the world’s rising powers – Brazil, China, India, and Russia – insist not only on the primacy of their national interests, but, as the failed climate negotiations in Copenhagen last December demonstrated, on sovereign freedom of action as well.
Sovereign defaults are common events with many causes.
For Argentina, the path to its 2001 default started with the ballooning of its sovereign debt in the 1990s, which occurred alongside neoliberal “Washington Consensus” economic reforms that creditors believed would enrich the country.
Sovereign borrowers will not – and should not – trust the fairness and competence of the US judiciary.
But, because Greece’s creditors – the International Monetary Fund and European governments – misread the challenges facing the country, the rescue merely delayed the inevitable sovereign default and caused the Greek economy to contract sharply, magnifying the pain.
As for Catalonia, a supposedly pro-independence and pro-sovereignty movement could end up creating a polity that is less sovereign and more at the mercy of international events.
Because the bottom-up approach respects the established ways sovereign countries act on the international stage, it has the potential to create positive momentum.
English society was redefined as a “nation” – that is, a sovereign community of equal members.
By considering a living community sovereign, nationalism implicitly but drastically reduced the relevance of God; even when combined with religion and presented in a religious idiom, it was essentially secular.
Until then, markets will keep pressure on sovereign spreads, making a self-fulfilling crisis likely.
Turkey is also satisfied that the deal does not weaken its position on sovereign rights under the Nuclear Non-Proliferation Treaty.
It is always tempting to claim that what happens behind sovereign borders is nobody else's business.
But, in the absence of an international rule of law for resolving sovereign defaults, the world pays a higher price than it should for such restructurings.
There can be no voluntary renunciation of sovereign immunity, just as no person can sell himself into slavery.
If globalization is to work for all countries, the rules of sovereign lending must change.
A new British-Irish treaty and British-Irish Council provide a forum for the sovereign governments and devolved executives.
But the EU is not a country; it is an incomplete association of sovereign states that will not survive a decade or more of stagnation.
The EU, after all, is composed of sovereign states that jealously guard their prerogatives while occasionally yielding some aspect of sovereignty to central institutions for mutually agreed-upon purposes.
Their surpluses have turned into deficits, and their sovereign wealth funds and currency reserves have suffered major losses.
Similarly, while many Asian countries already have sovereign wealth funds, now South Korea’s government is establishing a new type of fund to support the construction sector’s export activities.
For the next installment of the recent global financial crisis will be rising sovereign risk, especially in advanced economies that run massive budget deficits and accumulate large stocks of public debt as they socialize private financial losses in order to revive economic growth.
Moreover, financial crises triggered by excessive debt and leverage in the private sector are followed after a few years by sovereign defaults and/or high inflation to wipe out the real value of public debts.
Sovereign spreads are already pricing the risk of a domino effect from Greece to Spain, Portugal, and other euro-zone members.
Even assuming China’s willingness to help Europe’s troubled economies, it would be able to contribute only a modest portion of the huge amount of financing required to restore confidence in European sovereign debt.
China’s sovereign wealth fund and non-bank financial institutions have been eager to invest in well-established Western banks.
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