Word: sovereign
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Dates: during 2000-2009
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...Last April, credit rating agencies recognized this achievement and gave Brazil’s sovereign debt “investment grade” status. But this was a small reward given the shift the country has experienced since 1994. Brazilian government bonds remain too cheap (currently paying over 500 basis points above the 10-Year Treasury). Charging a sky-high political premium to a country that has had a fiscal revolution, and where Daniel Dantas can be arrested through due process of law, seems to be rather exaggerated. The bonds’ inadequate BBB-rating—barely above speculative...
...avoided deforestation began to make their voices heard in international climate talks, thanks to innovative leaders like Papua New Guinea's Kevin Conrad, one of TIME's Heroes of the Environment. That has prompted big rain-forest nations like Indonesia and Brazil, which were initially suspicious of exposing their sovereign forests to an international carbon market, to rethink REDD. Last month, representatives from a handful of Indonesian and Brazilian states signed a memorandum of understanding with several large U.S. states - including California, which has already adopted a carbon cap of its own - to explore avoided deforestation projects. The possibility...
...Amid the ongoing protests, Ma has assured the public that Taiwan remains a sovereign country and that the pacts were made on equal footing. Chinese envoy Chen also acknowledged the dissent, saying that "has heard and seen [the opposition voices]," but believed "the pacts are for the convenience and benefit of the people on both sides." Chen's demeanor has been gracious throughout the trip, despite the hostility, and for good reason, say analysts. "Any overreaction from Beijing would result in Taiwan drifting away," says Professor Lin Chong-pin of the Graduate Institute of International Affairs and Strategic Studies...
...believe in any form of vengeance. But to allow the war crimes that were committed in our name, to invade a sovereign nation that did not and was not going to attack us, to have that war line the pockets of the companies that funded your campaign - this is the most egregious thing that has happened during my lifetime, and the perpetrators must be brought to justice. If we fail to do that, it will be the green light to a future Administration to do it all over again...
...This reform cedes great chunks of our territory to foreign companies," Lopez Obrador told Congress on Tuesday, just before the final vote on the law. "Mexico should go on being a free, independent and sovereign country. We do not want to become a colony...