Sovereign
in sentence
1399 examples of Sovereign in a sentence
Indeed, by putting a floor on the price of
sovereign
debt and any accompanying inflation, central-bank intervention would reduce the real value of the debt and facilitate repayment.
Lame Ducks in LoveFLORENCE – Fears about
sovereign
debt and doubts about the euro rescue package have pushed the question of international reserve currencies to the fore.
The island ran its own affairs, becoming a rambunctious democracy in the 1980s, but never insisted on international recognition as a full-fledged
sovereign
state.
Before 2007, there was little political interest in tougher global standards, and individual countries resisted the idea that an international body might interfere in their
sovereign
right to oversee an unsound banking system.
Doubts about
sovereign
debt in Europe have revolved around the euro to such an extent that some now question whether the single currency can survive.
In particular,
sovereign
debt in the eurozone was deemed riskless: banks had only to hold minimal reserves against member countries’ bonds, which the European Central Bank accepted on equal terms at its discount window.
Unless the
sovereign
debt of the rest of the eurozone is successively ring-fenced, a Greek default could cause a meltdown of the global financial system.
Moreover, if the Chinese government and Chinese firms want to continue investing in overseas oil resources and in foreign businesses, China will have to sell dollar bonds or other
sovereign
debt from its portfolio.
Over the longer term, it means awareness of structural risks like high
sovereign
debt, demographic shifts, and natural-resource scarcity.
Macartney refused to conform to Chinese imperial protocol by declining to kowtow to the emperor, because he was not required to do the same to his own
sovereign.
And, with our banking reforms, we are strengthening our reputation as the home of global finance – from insurance to asset management, and from the new offshore renminbi markets to issuance of the first
sovereign
sukuk, or Islamic bond, in a non-Islamic country.
The ECB has promised to buy Italian and Spanish
sovereign
bonds to keep their interest rates down, provided these countries ask for lines of credit from the European Stability Mechanism and adhere to agreed fiscal reforms.
When the markets see that coming, they will drive Italy’s
sovereign
interest rates even lower.
Governments in the US and the eurozone are particularly vulnerable in the short term, because the average maturity of
sovereign
debt is only 5.4 years and roughly six years, respectively.
Foreign investors’ purchases of emerging-market
sovereign
and corporate bonds almost tripled from 2009 to 2012, reaching $264 billion.
I heard the usual suspects – including a former treasury secretary who had been particularly vociferous in such admonishments during the East Asia crisis – bang on about the need for transparency at
sovereign
wealth funds (though not at American or European hedge funds).
But the skills needed for leadership of a wartime governing council are very different from those needed to run a
sovereign
state.
But in my view, individual rights should not supersede
sovereign
ones.
Its new Global Infrastructure Facility (GIF) will mobilize global pension and
sovereign
wealth funds to invest in infrastructure as a specific asset class.
Even staid pension funds and
sovereign
wealth funds have increased their allocations to emerging-market assets.
Some have argued that even though the PBOC has stopped buying US and other foreign assets, China’s
sovereign
wealth funds still do, and that this, too, counts as manipulation.
Building on its research, the IMF could contribute more to the debate on the macroeconomic and financial implications of private equity, hedge funds, and
sovereign
wealth funds, and develop practical recommendations to enhance their contribution to international financial stability.
Moreover, while the Internet is transnational, the infrastructure (and people) on which it relies fall within the differing jurisdictions of
sovereign
states.
And major states differ in their objectives, with Russia and China stressing the importance of
sovereign
control, while many democracies press for a more open Internet.
Meanwhile, the Chinese government, using its Wuzhen World Internet Conference series, has issued principles endorsed by the Shanghai Cooperation Organization calling for recognition of the right of
sovereign
states to control online content on their territory.
And that implies an extended period of episodic economic disruption and political upheaval far beyond this summer’s debates on America’s debt ceiling and Europe’s distressed
sovereign
debtors.
Since 2015, development finance has started to come less from traditional aid, and more from development-finance institutions, development banks, and
sovereign
wealth funds in emerging economies.
A referendum scheduled for January 9 will give voters in the South the opportunity to create their own
sovereign
state.
Undoubtedly, South Sudan would face colossal challenges as a
sovereign
state, but the alternative – an inevitable return to war – would be incalculably worse, both for Sudan and for Africa.
Underlying his declarations was a clear message: the
sovereign
state still reigns supreme, with national interests overshadowing shared objectives.
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