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Banks in Italy and Spain have been using some of those funds to buy their governments' debt, helping to control sovereign borrowing costs but tying state finances more closely to the E.C.B.
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Cosmetic sovereignty and partial withdrawal will not convince Iraqis witnessing the completion of permanent US bases, and US advisers controlling "sovereign" ministries and planning back-door oil privatisation.
The IRS had disallowed deductions for interest payments Olenicoff's companies made to Sovereign, on the grounds that they were a sham and that Olenicoff controlled Sovereign.
As part of his 2007 guilty plea, the billionaire acknowledged he owned and controlled Sovereign and the other offshore entities and agreed to bring all his offshore money back home.
Jean-Luc Mélenchon, co-founder of the French Left Party, denounced "prior control of sovereign states by appointed Eurocrats.
The winners will be the big investors who receive large allocations of shares, among whom will be foreign governments who control vast sovereign wealth funds that tend to snap up these sorts of share offers.
The breakdown of the second line of defense is significant because this was the first time that the modern theory of supermajority creditor control of sovereign debt problems was tested in practice.
Because all islands fall under the control of sovereign nations, a buyer would have to bribe a corrupt government to cede sovereignty and then be recognized by a few world powers.
He is still in control and sovereign.
The royals who run the United Arab Empire control a sovereign wealth fund of $773 billion that dwarfs Qatar's.
"This was a settlement that was endorsed by Congress and that was designed to help address a fundamental problem in fractionated ownership in Indian Country, and returning lands that were essentially useless and tied up … back into the control of sovereign tribes," Hayes said.
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