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Sovereign in sentence

1399 examples of Sovereign in a sentence

Such suspicions were sharpened after China declared its new Air Defense Identification Zone, which overlaps Japanese sovereign territory.
Increased oil revenues improve the fiscal positions of most producing economies, and some have taken advantage of global investors’ hardier appetite to issue sovereign debt.
Rodrik proposes the creation of public venture capital firms – sovereign wealth funds – that take equity positions in exchange for the intellectual advances created through public financing.
Sovereign wealth funds would have to be shielded from partisan politics, perhaps by giving them only non-voting shares.
The question was whether a sovereign would ultimately be able to repay its debt, given specific economic and financial conditions, long-term trends such as the aging of the population, and uncertainty about the future course of policy.
It may even lead to the US no longer being viewed as a good place to issue sovereign debt.
In the aftermath of the global financial crisis, the United Nations Commission of Experts on Reforms of the International Monetary and Financial System urged that we design an efficient and fair system for the restructuring of sovereign debt.
Between May 2010 and September 2011, the value of Greek sovereign debt held by French banks dropped by €4.6 billion (39%), while German banks reduced their holdings by €2.9 billion (31%) and Italian banks by €530 million (30%).
Most of the sovereign debt is now held by the official sector, which traditionally does not allow any haircut.
A compromise was found with the Stability and Growth Pact (SGP) and its provisions for adhering to the Maastricht criteria, which sought to quantify the fiscal soundness of sovereign states without actually interfering with their budget and tax policies.
Though economies are currently favoring path B, it is path A that would produce higher, more inclusive, and more sustainable growth, while also ameliorating the lingering debt overhangs associated with large sovereign debt and non-debt liabilities in areas like pensions, social security, and publicly funded health care.
Investors’ subsequent efforts to price in the risk of a eurozone breakup – not the volume of sovereign debt – caused bond yields to spike.
Eurozone leaders must recognize that spending cuts will do nothing to stabilize the balance sheets of core-country banks that are over-exposed to peripheral countries’ sovereign debt.
Fully aware of its growing importance in an oil-starved world, Libya will use that advantage to the full and it will no doubt guard, with Gaddafi at the forefront, its sovereign rights vociferously and assiduously.
The territory being exchanged comprises lawless enclaves, where the nominal sovereign lacks real authority.
As for Europe, the Kirchner’s have not yet paid off Argentina’s debt – pending since the default – to the Paris Club of sovereign creditors.
The European Central Bank should also step up its recently announced program of quantitative easing by overriding Bundesbank objections and moving to large-scale purchases of sovereign debt – including government bonds of struggling eurozone countries.
In terms of external economic policy, European policymakers have done very little in response to the wholesale changes now underway in the world economy – beyond complaining about Chinese imports and Russia’s aggressive use of its commodities, and, most recently, becoming embarrassingly obsessed with so-called Sovereign Wealth Funds.
Analyzing the failed Times Square bombing, Ambassador Zafar Hilaly, a well-respected former Pakistani diplomat, wrote “that nowhere else today have so many armed foreign outlaws been able to use the territory of a sovereign state to wage war for so long, and with such impunity, against other countries.
But Liberal Order 1.0 had its limits – namely, sovereign borders.
The Risky RichNEW YORK – Today’s swollen fiscal deficits and public debt are fueling concerns about sovereign risk in many advanced economies.
Traditionally, sovereign risk has been concentrated in emerging-market economies.
As a result, sovereign risk today is a greater problem in advanced economies than in most emerging-market economies.
Indeed, rating-agency downgrades, a widening of sovereign spreads, and failed public-debt auctions in countries like the United Kingdom, Greece, Ireland, and Spain provided a stark reminder last year that unless advanced economies begin to put their fiscal houses in order, investors, bond-market vigilantes, and rating agencies may turn from friend to foe.
If I had suggested to my superiors at that time that the UN would one day observe and even run elections in sovereign states, conduct intrusive inspections for weapons of mass destruction, impose comprehensive sanctions on the entire import-export trade of a member state, or set up international criminal tribunals and coerce governments into handing over their citizens to be tried by foreigners under international law, they would have told me that I did not understand what the UN was all about.
It has administered territory, conducted huge multi-dimensional peace-keeping operations with nearly 80,000 soldiers in the field, and deployed human rights monitors to report on the behavior of sovereign governments.
Eventually, the troika could be expanded to include other real and sovereign actors in a new “concert of nations.”
Papandreou’s move also exposes the fatal flaw of grand plans for a political or fiscal union to support the euro: the “people,” not governments, remain the real sovereign.
The EU remains a collection of sovereign states, and it therefore cannot send an army or a police force to enforce its pacts or collect debt.
As long as member states remain fully sovereign, investors cannot be assured that if the eurozone breaks up, some states will not simply refuse to pay – or will not refuse to pay for the others.
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