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Fleischer Presents A Theory of Taxing Sovereign Wealth Today at San Diego

Victor Fleischer (Illinois) presents A Theory of Taxing Sovereign Wealth, 84 N.Y.U. L. Rev. ___ (2009), at San Diego today as part of its Tax Law Speaker Series. Here is the abstract: Sovereign wealth funds enjoy an exemption from tax...

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De Meester on International Legal Aspects of Sovereign Wealth Funds

Bart De Meester (Institute for International Law) has posted International Legal Aspects of Sovereign Wealth Funds: Reconciling International Economic Law and the Law of State Immunities with a New Role of the State on SSRN. Here is the abstract: This...

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For Sovereign Credit Investors, Could It Be Different This time?

Clive Corcoran submits: Bill Gross of PIMCO has suggested that we may be facing a new economic environment where the ground rules have changed sufficiently that previous benchmarks for applying valuations for equities no longer apply. In other words don't count on a new bull market in stocks any time soon. "Stocks are cheap when valued within the context of a financed-based economy once dominated...

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SG recommends denial in sovereign immunity case

The federal government on Tuesday recommended the Court deny certiorari in Biomedical Patent Management Corp. v. California Dept. of Health Services (07-956), a patent dispute involving the limits of state sovereign immunity. The brief, filed in response to an order last April inviting the views of the Solicitor General, is available here. To view previous [...]

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Tissot Heritage Sovereign

Tissot might be a lesser-known name, but its Heritage Sovereign will make you feel regal.

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A Smaller World

Lou Jiwei , the head of China's CIC sovereign wealth fund, is saying some interesting things: "Right now we do not have the courage to invest in financial institutions because we do not know what problems they may have," Mr. Lou said as part of a panel discussion on the second and final day of the Clinton Global Initiative conference here. Asked whether China might pursue economic policies...

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A Smaller World

Lou Jiwei , the head of China's CIC sovereign wealth fund, is saying some interesting things: "Right now we do not have the courage to invest in financial institutions because we do not know what problems they may have," Mr. Lou said as part of a panel discussion on the second and final day of the Clinton Global Initiative conference here. Asked whether China might pursue economic policies...

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#3442 - Wonderful wool ties by Sovereign Beck. Loving...

Wonderful wool ties by Sovereign Beck. Loving the color infusion within...and can't go wrong with wool.

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Admission To Trading Of Luxembourg's Largest Sovereign Bond Issue

Admission To Trading Of Luxembourg’s Largest Sovereign Bond Issue04/12/08The Luxembourg Stock Exchange commenced secondary trading on 4 December 2008 of a bond issue of the Grand Duchy of Luxembourg for an amount of EUR 2,000,000,000. This issue is the largest amount ever issued by the Luxembourg state and follows the very successful primary offer period that was mainly addressed to retail investors...

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Iraq is Sovereign, The War Is Over

Iraq is Sovereign, The War Is Over The SOFA is signed The Status of Forces Agreement between the Republic of Iraq and the United States of America was signed November 17, 2008. The war is over and we will leave Iraq proper within three years time of this agreement, provided no amendments to the SOFA are made. The SOFA reads just [...]

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China's sovereign wealth fund loses $6 billion

China's sovereign wealth fund said it wouldn't 'dare' invest in foreign financial firms after losing $6 billion on stakes in Morgan Stanley and Blackstone Group LP.

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China's sovereign fund 'wary' of western banks

The fund directors behind China’s $200 billion sovereign wealth fund say they have no intention of channeling more funds into Western financial companies at this time, because of limited insight into what kind of shape they are in, and the effect of government bailouts, according to a media report.

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S&Pdowngrades Thailand's sovereign credit rating to negative

Bangkok - Standard & Poor's Ratings Services on Monday downgraded its outlook on Thailand's sovereign credit from stable to negative, in response to Bangkok's two airports being closed down by anti-government protestors for almost a week. The rece...

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Europe has the sovereign right to guard its interests even when doing it stupidly.

Sir Paul J. Davies and Nikki Tait report “Concern over Brussels rating agencies plan”, December 1. What can one say? If a Hugo Chávez feels he needs a Banco del Sur to make a difference in this world why should not Europe want to have their Credit Rating Agency de Europa? And, with respect to that ´This introduces an extra-territorial approach and will be seen as protectionism” why should Europe also...

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A cheap escape from Norwich to Santo Tomas with Sovereign

One of the places I will not be recommending for a holiday is Menorca, and in particular Santo Tomas. 14 days were more than ample to sample everything there was to sample. We prefer Half Board for…