Word: sovereign
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...looking to add to the country's debt though a huge government-bond issue next year. Such divergences are already causing alarm. Unless exit strategies also address the long-term sustainability of public finance and other challenges, Stark says, "the current crisis is bound to be exacerbated by a sovereign debt crisis...
...tougher form of Christianity. Is that too much of a challenge for many people? A lot of people don't want to bother with it. [Many] people have reduced the whole Christian faith to just a relationship with Jesus. That strips the faith of its doctrine, its sovereign nature. The biggest problem is getting people to be serious about what they profess to believe...
...economy has been bolstered by a spike in copper prices. As copper accounts for roughly 16.4 percent of the nation’s GDP, according to the Central Bank of Chile, the government was able to accumulate a financial cushion of around $21 billion worth of savings in sovereign wealth funds and a similar amount in central bank reserves, the New York Times reported. Such financial policies allowed Chile to announce a $4 billion stimulus package this January and provide fellowship funding to Chilean students at several foreign universities, including Harvard. The new agreement will provide fellowships for about...
...buying strike.) But holding your debt does give us leverage, and we have some decisions to make now. Specifically, we'd like to diversify our purchases because the dollar is getting weaker by the day and we want hard assets. Companies, land, buildings, amusement parks, golf courses, whatever. Our sovereign wealth fund - the China Investment Corp. - is already looking at possible investments, as are some of our state-owned companies. A few years ago, one of our better-run companies, CNOOC, tried to buy a second-tier oil company in Los Angeles, UNOCAL, but backed off after your own xenophobic...
...questions about the suit to lawyers at the U.S. Justice Department, who are handling the case for the Defense Department. They say they can't comment on pending litigation. But in their dismissal motion, they cite similar Vieques cases earlier this decade in which judges upheld the claims of sovereign immunity...