Word: sovereign
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Dates: during 2000-2009
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...Chinese government has become more aggressive about buying foreign assets. Chinese leaders recently said they would begin to make investments in Europe through their sovereign wealth fund. The country has capital available to buy assets driven down by the recession...
...know why the left-wing, anti-U.S. Chávez would present it to a U.S. President. The book's thesis is that Spain, then Britain, the U.S. and Latin oligarchs ransacked Latin American resources, from copper to crude, bleeding the region of its natural wealth and its sovereign dignity. But even if you don't subscribe to its Marxist-tinged polemic, The Open Veins is one of the best introductions to the longstanding Latin grievances that keep producing populist leaders like Chávez. It was an appropriate gift for Obama - not because he's clueless about that...
...weak Lebanese army was in the best interest of all the major regional players - from Iran and Syria to Israel and the U.S. - who used the country as a battlefield to settle their own scores. But there is an emerging consensus on all sides that Lebanon needs its own sovereign security forces to keep the country from being inundated by the Sunni jihadist insurgents who pose a threat both to American interests and to the Shi'a Lebanese who support Hizballah. So Lebanon has been receiving Russian weapons and American military aid, mostly focused on tactics and systems to secure...
...list of people and institutions to blame for the financial crisis would include credit-rating agencies - the companies that assign letter grades to everything from General Electric's bonds to Malaysia's sovereign debt, indicating the chances that investors will lose money. The CEOs of the three largest agencies - Moody's, Standard and Poor's and Fitch - were assailed by Congress in October for the way their firms made record profits while raising few, if any, red flags about how massively risky mortgage-related securities had become...
...economic-forecasting company that he started with his brother Karl and a third partner in 1990 and sold to Moody's in 2005 for $27 million - Zandi has the job of predicting the economic future and explaining the tumultuous present to clients that range from Wall Street investors and sovereign wealth funds to staffers from the Commerce and Treasury departments. He's the recession's ascendant wonk and most improbable celebrity, as likely to pop up in the newspaper or on television as behind Nancy Pelosi during a press conference - sort of a post-housing-bubble Zelig. (See 25 people...