Word: sovereign
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...Three years ago, Gaddafi opted to invest his excess oil revenues in a sovereign wealth fund called the Libyan Investment Authority, which has rocketed in value thanks to soaring oil prices on the world market. The fund has about $65 billion in capital, part of which Libya has used to build five-star resorts in African capitals and to run Afriqiyah Airways, which crisscrosses the Mediterranean to European cities...
...inconceivable that we would ever understand how two sovereign governments would control the very same piece of real estate. We don't know how that would work," Huckabee said, elaborating on his opposition to the two-state solution. He compared the ban on Israeli settlements in Arab areas of East Jerusalem and the West Bank to segregation between black and white Americans in the deep South during his childhood. He called for "integration" between Israelis and Arabs. (See pictures of life in the West Bank settlements...
...capital to finance its business for the next several years - and another $2.8 billion to buy Siemens' joint-venture stake. Spinetta's plan calls for the state to sell 15% of Areva to new investors. Leading potential buyers include Mitsubishi - a frequent Areva partner - and Abu Dhabi's flush sovereign wealth funds. (Read: "Abu Dhabi: An Oil Giant Dreams Green...
...Holy City will win him support in the U.S. from Jewish leaders and Christian conservatives. In introducing Netanyahu via a video link at the annual conference of his Christians United for Israel group, arch-conservative Pastor John Hagee promised the support of 50 million Christians for "Israel's sovereign right to grow and develop the settlements of Israel as you see fit and not yield to the pressure of the United States government...
...Obama Administration has hastened to correct the impression that Biden's comments represented a U.S. nod and wink to an Israeli air strike. The Vice President had said that while the U.S. believes that military action against Iran would serve neither American nor Israeli interests, Israel is a sovereign nation, and if it felt threatened by Iran, it would be "entitled to" launch an attack on the Islamic Republic "whether we agree or not." President Obama reiterated in Moscow on Monday that he opposes military action against Iran and instead wants a diplomatic solution to the nuclear standoff. But Prime...