sovereign

"We do not use ratings to invest. We do our own research on anyone we lend money to, and that includes sovereigns, " she said.

It was a shook to you to find that England has not been ruled by sovereigns since 1215, since the reign of King John.

France and Belgium may be able to stand behind Dexia but supporting entire banking systems is beyond the capacity of many sovereigns.

Also striking has been how closely the riskiness of banks correlates with that of sovereigns.

This process eats into a pool of collateral already shrinking with the withering market values of many eurozone sovereigns' bonds.

Uncertainty hovers over sovereigns across the advanced economies, banks in Europe, and households in the United States.

But there now followed an unfortunate interval of wet weather, during which she was obliged to fall back upon her sovereigns.

Some have said the ECB's one-year LTROs helped exacerbate the link between eurozone sovereigns and their banking systems.

A quicker, more powerful alternative would be for the ECB to stand behind solvent sovereigns with unconditional and unlimited liquidity.

"We have to break the link between the sovereigns and the banks, particularly in Spain and Italy, " said one regulator.

The ECB is the only institution in Europe that has sufficient resources to guarantee European sovereigns.

Their investment philosophy seemed to be: stock market=crazy casino, sovereigns (especially German and French)=risk free.

With this it caved in to pressure from eurozone sovereigns not to tolerate a bond strike against one of their number.

with a proud consciousness that he is himself one of a nation of sovereigns.

In recent years it has tended to downgrade sovereigns ahead of its rivals, leaving some wondering if its criteria are too harsh (see chart).

Sovereigns typically do not so default would probably be declared the day the Treasury missed a payment.

The euro area's weaker sovereigns currently have none of these defences.

When countries with external deficits run out of foreign providers of private credit, they become dependent on foreign sovereigns.

First, there needs to be a credible commitment to halt the contagion, for sovereigns, banks and markets.

I am not speaking of Russia, " said the vicomte deferentially and hopelessly. " The sovereigns!

Biographical historians , and historians writing of separate nations, understand this force as a power residing in heroes and sovereigns.

"The sovereigns! I am not speaking of Russia, " said the vicomte deferentially and hopelessly.

Policies to put funding for Europe's sovereigns and banks on a secure footing cannot wait.

As such it would act as the lender of last resort only to the eurozone banking system, not to sovereigns.

The 18 other top-rated sovereigns are either caught up in the European mess or are tiny.

But when change is about co- ordination not domination , sovereigns need incentives to avoid a slow degradation of the old order .

And the rush by European banks to sell bonds of the least creditworthy sovereigns has made things worse.

Moreover, the ECB remains adamant that it cannot intervene as the lender of last resort to euro-zone sovereigns.

The laws of war arise from the conventions regulating wars between Europe's Christian sovereigns in the early modern period.

The capital to protect the European banking system from big defaults by important sovereigns simply does not exist.

Urge the European Central Bank (ECB) to be lender of last resort to vulnerable sovereigns like Italy?

Third, once banks and sovereigns become heavily dependent on official finance, they may find it quite hard to return to the market.

Few subjects will ever come truly close to their sovereigns. But the impression of doing so remains tantalising.

Credit rating agencies have been quick to downgrade and opine about several sovereigns .

If this confidence disappears, liquidity dries up and sovereigns are driven into default.

The true sovereigns of a country are those who determine its mode of thinking.

Third, the inflation outlooks for most of the region's sovereigns are relatively benign in the baseline scenario.

On sovereigns, advanced countries need credible medium-term plans to stabilize and lower public debt ratios.

To this list of digital sovereigns we might someday add two young barons: CouchSurfing's Casey Fenton and 4chan's Christopher Poole.

A rising tide of creditworthiness among emerging market sovereigns is lifting corporate boats.

Second, contagion to other sovereigns must be stopped.

But the firebreak between Greece and the other embattled sovereigns of the euro zone is even more important.

It is particularly ridiculous to suppose that sovereigns can provide effective insurance against their own default.

Our theory is rooted in the use of a new metric to estimate the financial health of sovereigns.

I think people often underestimate the northern European sentiment toward their sovereigns.

The salient characteristic of lending to sovereigns is the absence of collateral.

Dagong's triple-A rated sovereigns include Norway, Switzerland and Singapore.

The literators express Entzug complex and looking forward to capable and wise sovereigns by creating suites of poems on history.

The legal doctrine of sovereign immunity extends to foreign sovereigns.

The principle that sovereigns never default is unacceptable.

Now the sovereigns are the problem and the ECB's help is limited and conditional.

Fix banks; fix Greece; and fix debt markets of other fragile eurozone sovereigns.

For most sovereigns there is a direct correlation between their banks and performance on the football pitch: both are lousy.

One reason is the ability of some sovereigns to issue more local-currency debt, tapping into domestic savings.

What did these two sovereigns give you in exchange for these magnificent presents?

The Three Sovereigns are ascribed various identities in different Chinese historical texts.

Short-selling, scourge of banks, sovereigns and the Church, is coming to China.

The Three Sovereigns and Five Emperors were mythological rulers of China during the period from c.

No, it's a potential euro-zone guarantee for profligate sovereigns.

In addition, more open debt markets could allow quasi-sovereigns and global blue chips to issue debt in Asian markets.

William III and Mary II were crowned as joint sovereigns of Britain.

Now, it comes from doubts about the health of sovereigns and the tricky feedback loop to banks.

They recognize the Queen as their Sovereigns because she is the inheritor of the medieval Dukedom of Normandy.

For export-dependent sovereigns, the problem is more intractable.

The imbecile drivelled, about an imaginary toff, who had once given him two hundred and fifty-seven golden sovereigns.

If the sovereigns go, Europe's banks are front line victims.

The sovereigns in the periphery would default.

That is because sovereigns will move away from heavy reliance this year on near-cash Treasury bill issuance.

According to the legend, Fu Xi, the first of the Three Sovereigns of ancient China, died in the city.

Sovereigns with the highest borrowing costs in the euro zone like Greece and Ireland may also want to pre-fund 2010 while yields are lower.

A Sailor's Life under Four Sovereigns.

For example, a growing number of firms and sovereigns raise external finance issuing euro-denominated securities.

Sovereigns usually prefer auctions because they result in lower borrowing costs.

So Italy and other illiquid, but solvent, sovereigns need a "big bazooka" to prevent a run on their public debt.

Some European sovereigns are too weak to play that role and there is credible doubt about how far the strong will go to underwrite the weak.

The Evolution of Southwest China's Ethnic Relations from the Perspective of the Alliance of Ethnic Sovereigns in Tang Dynasty

a crisis of sovereigns, including Italy, the world's third largest sovereign debtor;