She wields great power.

Most Member States will have no choice but to sit on the sidelines while an oligarchy of 11 wields a monopoly of power over international peace and security.

Only the Security Council can enforce an international tribunal s judgment on a noncompliant state. But China wields a veto there and will block enforcement of an adverse ruling, just as the US did in the Nicaragua case.

Assuredly, the influence that our Arab nation wields and the position it occupies in the international arena are not proportional, either in terms of economic power or in terms of social prosperity, to our wealth of natural and human resources.

What happens in Iraq will show how an elected Islamist type government wields power. But the new liberal wave in the Arab world is reflected in media coverage that praised Iraq s election and suggested that it might make a good model for other Arab countries.

Many remain convinced that China s government which wields with the world s largest foreign exchange reserves and virtually unchecked authority would be able to prevent a major financial crisis. But the financial crisis in the fast growing city of Wenzhou, triggered by bad loans, suggests otherwise not least because the economy has yet to recover fully.

FRANKFURT For many European leaders, the eurozone crisis demonstrates the need for more Europe, the final aim being to create a full fledged political union. Given the continent s history of war and ideological division, and today s challenges posed by globalization, a peaceful, prosperous, and united Europe that wields influence abroad is surely a desirable goal.

This sort of firm is also very common in the most dynamic emerging market economies in Asia and Latin America. The Murdoch family holds only 12 of the shares of News Corporation, the top level holding company, but it wields about two fifths of the voting rights other votes are held by a loyal Saudi prince.