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Sovereignty is the exclusive right to control a government, a country, a people, or oneself. A sovereign is the supreme lawmaking authority.

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Wikipedia about sovereign

Sovereignty is the exclusive right to control a government, a country, a people, or oneself. A sovereign is the supreme lawmaking authority.

Enlightenment philosopher Jean-Jacques Rousseau, in his 1762 treatise Of the Social Contract argued, "the growth of the State giving the trustees of public authority more and means to abuse their power, the more the Government has to have force to contain the people, the more force the Sovereign should have in turn in order to contain the Government," with the understanding that the Sovereign is "a collective being of wonder" (Book II, Chapter I) resulting from "the general will" of the people, and that "what any man, whoever he may be, orders on his own, is not a law" (Book II, Chapter VI)  and furthermore predicated on the assumption that the people have an unbiased means by which to ascertain the general will. Thus the legal maxim, "there is no law without a sovereign."

A more formal distinction is whether the law is held to be sovereign, that is, whether it is above political or other interference. Sovereign law constitutes a true state of law, meaning the letter of the law (if constitutionally correct) is applicable and enforceable, even when against the political will of the nation, as long as not formally changed following the constitutional procedure. Strictly speaking, any deviation from this principle constitutes a revolution or a coup d'état, regardless of the intentions.

In constitutional and international law, the concept also pertains to a government possessing full control over its own affairs within a territorial or geographical area or limit, and in some contexts to various organs possessing legal jurisdiction in their own chief, rather than by mandate or under supervision. Determining whether a specific entity is sovereign is not an exact science, but often a matter of diplomatic dispute.

Jean Bodin (1530-1596) is considered to be the modern initiator of the concept of sovereignty, with his 1576 treatise Six Books on the Republic which described the sovereign as a ruler above human law and subject only to the divine or natural law. He thus predefined the scope of the divine right of kings, stating "Sovereignty is a Republic's absolute and perpetual power " Fact: date=November 2007. Sovereignty is absolute, thus indivisible, but not without any limits: it exercises itself only in the public sphere, not in the private sphere. It is perpetual, because it does not expire with its holder (as auctoritas does). In other words, sovereignty is no one's property: by essence, it is inalienable.

These characteristics would decisively shape the concept of sovereignty, which we can find again in the social contract theories, for example, in Rousseau's (1712-1778) definition of popular sovereignty (with early antecedents in Francisco Suárez's theory of the origin of power), which only differs in that he considers the people to be the legitimate sovereign. Likewise, it is inalienable  Rousseau condemned the distinction between the origin and the exercise of sovereignty, a distinction upon which constitutional monarchy or representative democracy are founded. Machiavelli, Hobbes, Locke and Montesquieu are also key figures in the unfolding of the concept of sovereignty.

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News about Sovereign

India Has Sovereign Right To Conduct Nuclear Tests

Nasdaq(RTTNews) - External Affairs Minister Pranab Mukherjee has said that New Delhi has the sovereign right to conduct nuclear tests, but must be prepared to face the consequences.http://www.nasdaq.com/aspxcontent/NewsStory.aspx?cpath=20080...

Sovereign Presenting at RBC Conference

PR Newswire via Yahoo! Finance Sovereign Bancorp, Inc. , parent company of Sovereign Bank , today announced participation in the upcoming RBC 2008 Financial Institutions Conference, to be held at the Four Seasons Boston in Boston, Massachusetts from Monday, September 15 through Wednesday, September 17, 2008.http://biz.yahoo.com/prnews/080915/nem149.html?.v=1

Already-stung Sovereign faces new potential risk

BizJournalsFaced with writing off $623 million invested in the preferred stock of Fannie Mae and Freddie Mac, Sovereign Bank’s next trouble spot could be loans to homebuilders and borrowers who got mortgages with limited paperwork. (SOV)http://www.bizjournals.com/boston/stories/2008/09/15/story7....

Mideast funds on sidelines for this crisis

Denver PostAs the world's banking system began to quake last year, secretive sovereign wealth funds from the Arab Gulf and elsewhere rushed in to provide billions of dollars in badly needed funding. http://www.denverpost.com/ci_10481504?source=rss

Banks Look Broken To Sovereign Wealth Funds

ForbesThe state-backed giants are no longer fans of financials.http://www.forbes.com/markets/2008/09/15/sovereign-wealth-le...

News about Sovereign

House gives go-ahead to sue Iraq over torture

San Francisco GateThe result, it said, would be "removing Iraq's sovereign immunity and exposing it to potential new liability for billions of dollars in lawsuits seeking compensation for offenses committed by the former Saddam Hussein regime.http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2008/09/16/...

House Allows Gulf War POWs to Sue Iraq Over Torture

FOX NewsThe result, it said, would be "removing Iraq's sovereign immunity and exposing it to potential new liability for billions of dollars in lawsuits seeking compensation for offenses committed by the former Saddam Hussein regime.http://www.foxnews.com/story/0,2933,423241,00.html

Goodbye Lehman, Hello deflation: James Saft

ReutersAs for recapitalizing the banking system, sovereign wealth funds and anyone else with eyes and ears will be waiting on the sidelines for things to look slightly less grim.http://www.reuters.com/article/reutersComService4/idUSLG7928...

US sovereign rating seen intact despite GSEs--Fitch

ReutersNEW YORK, Sept 10 (Reuters) - While the U.S. government faces increased fiscal risks following its recent takeover of Fannie Mae (FNM.N: Quote , Profile , Research , Stock Buzz ) and Freddie Mac (FRE.N: Quote , Profile , Research , Stock Buzz ), its ... http://www.reuters.com/article/marketsNews/idUSN104538052008...

Barclays Is in Talks to Buy Lehman Securities Unit (Update3)

BloombergBarclays sold shares to sovereign funds in Qatar, Singapore and China. Troubled Assets Barclays Capital, the bank's London-based securities arm, has 16,000 employees and contributes about 16 percent of Barclays's earnings, down from 39 ... http://www.bloomberg.com/apps/news?pid=20601085&sid=aYj0Gzv3...

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Sovereign - Home

New Zealand`s leading life insurer,Sovereign provides,personal and business life insurance, health insurance, home loan, investment and superannuation products to more than 650,000 ... http://www.sovereign.co.nz/

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At sovereignbuckhead, you’ll enjoy panoramic views, unparalleled services and amenities, and an exclusive Buckhead address in Tower Place at the center of it all. Sovereign in ... http://www.sovereignbuckhead.com/
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Sovereign Wealth Funds

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Sovereign Bank Cuts Jobs

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Real Media Transcript of a media session by the Financial Secretary...Real Media Windows Media fs2007 Real Media Transcript of a media session by the Financial Secretary, Mr Henry Tang, on Standard Poor''s decision to upgrade Hong Kong''s foreign currency sovereign cr...realmedia: 2.8 MB w:220px - h:164px

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New Media News - January 2007 - Debt - Inflation - US Bankruptcy...New Media News - January 2007 - Debt - Inflation - US Bankruptcy - Sovereign Individuals vs. Corporate Elitism 9 min 49 sec - Jan 3, 2007 New Media News - January 2007 - Debt - Inflation - US Bankru...flash: 0 MB w:320px - h:240px

Answers for Sovereign

Gravitic

How would you feel about a non-sovereign organization dedicated to protecting all human life on Earth?

Graviticthinkers /warriors are a contradiction in terms the army conditions its warriors not to think it will be as when the usa busted this subversion group in the eighties turned out every one arret...
turbineduane

On which finger should I wear my chunky sovereign ring?

turbineduaneI don't recommend that you wear something that heavy on your pinky finger as it will constantly roll on you--AND, rings worn on pinky fingers get more wear. I'm sure your sovereign has a bezel around...
C

Will Chinese and Arab Sovereign Funds end up owning a lot of capital in American banks?

CPossibly. Or they may chose to stop transacting business in dollar denominations and let the dollar and our banks crash.
myself

Can a country be considered a sovereign country if its borders aren't secured at all?

myselfIt`s one of the most stupid questions that I have ever heard or red. To my opinion only USA is a sovereign in the whole world.
noxregrets

how long will it be for my check to clear thru sovereign bank?

noxregretsLocal paychecks are considered good the same day, except on new accounts. You will have to check with the bank you moved to determine that. Ideally, you should have asked the teller. If it is drawn...

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