Not exact matches
If all goes well in the European Union, sensible monetary and fiscal policies should eventually reduce global anxieties related to the stability
of sovereign debt among certain EU
nations.
Bonds
of Europe's most - indebted
nations slumped as speculation resurfaced that the euro region remains vulnerable to shocks as it emerges from the
sovereign debt crisis.
Not only are its people more polarized than ever over Puerto Rico's status question — whether to become a
sovereign nation, become a state
of the U.S. or stay as it is; it is the most impoverished North American territory, with an external
debt of over $ 7 billion, an unemployment rate
of more than 20 per cent, 65 per cent
of its people on federal food stamps and 38 per cent who have an income below the poverty line.
We are a separate corporate entity established with an appropriate level
of separation from the
Nation government, but we offer partners an array
of tax efficiencies and other benefits based on the
Nation's
sovereign status, including federal tax immunity, state income tax exemption, federal capital gains tax exemption, state sales tax exemption and preferential
debt financing and government contracting preferences, among others.
Existing prediction systems failed to forecast the global crash
of 2008, which led to several governments bailing out their banks and European
nations, such as Greece, Portugal, Ireland and Spain, being plunged into a
sovereign debt crisis.
Although
sovereign debt is issued to finance such public goods,
debt raised by governments with a history
of corruption can be misallocated and misused at the expense
of the well - being
of the
nation and their own citizens.
With more than $ 40 trillion
of sovereign debt in global markets at any given time, the imperative
of understanding the effects
of resource trends on
nations» economic health and creditworthiness has risen up the agenda.
Regardless
of the concerns, many are expecting that South Africa may be able to avoid receiving a fourth credit score downgrade at less than a calendar year due to a decline in the cost
of insuring the
nation's
sovereign debt against default utilizing credit - default swaps.