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Sovereign credit risk is the risk of a government of a sovereign state becoming unwilling or unable to meet its loan or bond obligations leading to a sovereign default. Credit rating agencies will take into account the capital, interest, extraneous and procedural defaults, and failures to abide by the terms of bonds or other debt instruments when setting a countries credit rating.
With "sovereignty" meaning holding supreme, independent authority over a region or state, "internal sovereignty" refers to the internal affairs of the state and the location of supreme power within it. [47] A state that has internal sovereignty is one with a government that has been elected by the people and has the popular legitimacy.
According to provision 6 of the National Security Strategy to 2020, national security is "the situation in which the individual, the society and the state enjoy protection from foreign and domestic threats to the degree that ensures constitutional rights and freedoms, decent quality of life for citizens, as well as sovereignty, territorial ...
Sovereigntism, sovereignism or souverainism (from French: souverainisme, pronounced [su.vʁɛ.nism] ⓘ, meaning "the ideology of sovereignty") is the notion of having control over one's conditions of existence, whether at the level of the self, social group, region, nation or globe. [1]
The EU's directive on corporate sustainability due diligence requires businesses to identify and address adverse human rights and environmental impacts, potentially leading to a regulatory ...
Macro-level political risk looks at non-project specific risks. Macro political risks affect all participants in a given country. [10] A common misconception is that macro-level political risk only looks at country-level political risk; however, the coupling of local, national, and regional political events often means that events at the local level may have follow-on effects for stakeholders ...
The word is borrowed from Old French souverain, which is ultimately derived from the Latin superānus, meaning 'above'. The roles of a sovereign vary from monarch, ruler or head of state to head of municipal government or head of a chivalric order. As a result, the word sovereignty has more recently also come to mean independence or autonomy. [1]
One of the main concerns surrounding R2P is that it infringes upon national sovereignty. [citation needed] This concern is rebutted by the Secretary General Ban Ki-moon in the report Implementing the Responsibility to Protect. According to the first pillar of R2P, the state has the responsibility to protect its populations from mass atrocities ...