Sri Lanka among contributors to rising expropriation risk

Sri Lanka among contributors to rising expropriation risk
The report said that in some cases expropriation was linked to with sovereign default, which was also an emerging worry especially after the developments in Europe. In the past here has been an uptick in expropriations during the Great Depression.
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Thomas Lee, an equity strategist with JPMorgan, July 22, 2011, published a note titled "Corporates are the New Sovereigns: 22 stocks to own around sovereign default." The Barron's article covering Lee's announcement defined a Sovereign as an entity, …
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