Indeed, the G20 took on a sovereign position as the global forum for responding to the crisis.
In general, the ʿulamāʾ (religious scholars) jealously upheld the sovereign position of the Sharīʿah against the political authority.
The Liberal Party's annual assembly held a consultative rather than a formally sovereign position within the party constitution, while a National Executive Committee directed its day-to-day business.
Or targeting sovereign positions of power that are not typically seen as powerful, such as soil and water district boards or port commissions.
"For the first several months of my tenure, based on analyses performed by my department, I believed that the risk profile associated with the company's European sovereign debt position was acceptable in light of then-prevailing market conditions," Mr. Stockman said in prepared testimony to be delivered before a House panel on Thursday.
"For the first several months of my tenure, based on analyses performed by my department, I believed that the risk profile associated with the company's European sovereign debt position was acceptable in light of then-prevailing market conditions," Mr. Stockman said.
"For the first several months of my tenure, based on analyses performed by my department, I believed that the risk profile associated with the company's European sovereign debt position was acceptable in light of then-prevailing market conditions," said Mr. Stockman.
Jefferies added later that it "has no credit-default swaps hedging its sovereign debt positions, which as previously indicated are short-term trading positions that turn over approximately three to four times per week.
Mr. Roseman, who on Thursday said the firm would still exist if not for its sovereign debt positions, was skeptical.
Regulators are also examining MF Global's risky bets on European sovereign debt, positions that caused a crisis of confidence among ratings agencies, the firm's creditors and regulators.
But in the same period hunger has worsened in some countries staggeringly so in Congo, which has been afflicted by a bloody civil war.In this section Overview Output, prices and jobs The Economist commodity-price index Global hunger Trade, exchange rates, budget balances and interest rates Markets Biggest sovereign CDS positions Reprints.
