What made these laps noteworthy was the driver, Albert II, Sovereign Prince of Monaco.
"Iraq is a sovereign nation which is conducting its own foreign policy, " he said.
Rescue proposals in Europe have turned on how ratings agencies define a sovereign default.
Rumor has it also that no sovereign debt was even considered in the survey.
Supporters say the scheme would be financed by sovereign wealth funds and not require taxpayers' cash.
That government would aim to harmonise European taxes and mutualise sovereign debt, he said.
The recent history of sovereign defaults and currency devaluations illustrates this phenomenon very clearly.
Today's situation is grim, but currency crises and sovereign defaults would only make the mess worse.
"These are bilateral negotiations between two sovereign countries, " U.S. Embassy spokeswoman Mirembe Nantongo said.
Meanwhile, it was also becoming clear that Europe's sovereign-debt problems were nowhere near resolved.
The continued sovereign debt problems in Europe remain as a general support for the market.
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Ultimately these are sovereign countries that are going to have to make their own decisions.
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He made money betting on Greek sovereign debt and on a couple of activist positions.
Typically these days that means huge purchases of U.S. Treasury bonds by sovereign wealth funds.
There would, in short, be a clearly defined process for dealing with sovereign default.
Its proudest creation, the euro, may yet be overwhelmed by the ensuing sovereign-debt crisis.
The move comes as there are worries about European sovereign debt and bank-funding costs.
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Meyer said that he believes the sovereign debt crisis in Europe is far from over.
For decades, large quantities of gold coins have been issued by sovereign governments around the world.
The July stress tests, which did not allow for sovereign defaults, offer scant guidance.
Rumours that China's sovereign-wealth fund was keen on the Tokyo stockmarket provided momentary elation, too.
But now, the social media corporation has their first official support from a sovereign nation: Thailand.
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Where states remain sovereign, they guard their prerogatives and the EU must stay out.
The European Union financial and sovereign debt crisis is on the verge of escalating at mid-week.
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In the media battle to win over the small investors, however, Sovereign has been largely outgunned.
Santander wants to hang onto Sovereign, according to people familiar with the bank's strategy.
Each company rates around 120 sovereign issuers (and up to a few hundred specific issues).
It is time to put on some hedges against failing currencies and imploding sovereign debts.
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This is where the new darlings of Davos come in: The sovereign wealth funds.
Shares of National City and Sovereign Bancorp plunged more than 70% in the last week.
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