Sentences with phrase «sovereign debt disaster»

Not exact matches

While both the Oakmark International and International Small Cap Funds had acceptable investment performance in the fourth quarter of 2011, the full year was not good for global equities or for our two Funds, as natural disasters (first in Japan, later in Thailand) and Europe's sovereign debt crisis took their toll.

Municipal issuers have a key role to play in terms of: • Low - carbon technologies • Pollution control • Climate adaptation, such as disaster prevention and recovery We will seek to avoid purchasing the relatively few government - issued bonds that are explicitly issued to finance the development of projects, such as nuclear power plants or casinos, which are fundamentally misaligned with our investment objectives Sovereign Debt National governments around the world issue bonds (debt) to finance a wide variety of public goods including education, infrastructure, national defense, the judiciary and social welfDebt National governments around the world issue bonds (debt) to finance a wide variety of public goods including education, infrastructure, national defense, the judiciary and social welfdebt) to finance a wide variety of public goods including education, infrastructure, national defense, the judiciary and social welfare.