Republics Stocks List

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      Republics Stocks Recent News

      Date Stock Title
      Apr 17 RIO Rio2 Closes C$23M Offering
      Republics

      A republic (Latin: res publica) is a form of government in which the country is considered a “public matter”, not the private concern or property of the rulers. The primary positions of power within a republic are not inherited, but are attained through democracy, oligarchy or autocracy. It is a form of government under which the head of state is not a monarch.In American English, the definition of a republic refers specifically to a form of government in which elected individuals represent the citizen body and exercise power according to the rule of law under a constitution, including separation of powers with an elected head of state, referred to as a constitutional republic or representative democracy.As of 2017, 159 of the world’s 206 sovereign states use the word “republic” as part of their official names – not all of these are republics in the sense of having elected governments, nor is the word “republic” used in the names of all nations with elected governments. While heads of state often tend to claim that they rule only by the “consent of the governed”, elections in some countries have been found to be held more for the purpose of “show” than for the actual purpose of in reality providing citizens with any genuine ability to choose their own leaders.The word republic comes from the Latin term res publica, which literally means “public thing,” “public matter,” or “public affair” and was used to refer to the state as a whole. The term developed its modern meaning in reference to the constitution of the ancient Roman Republic, lasting from the overthrow of the kings in 509 B.C. to the establishment of the Empire in 27 B.C. This constitution was characterized by a Senate composed of wealthy aristocrats and wielding significant influence; several popular assemblies of all free citizens, possessing the power to elect magistrates and pass laws; and a series of magistracies with varying types of civil and political authority.
      Most often a republic is a single sovereign state, but there are also sub-sovereign state entities that are referred to as republics, or that have governments that are described as “republican” in nature. For instance, Article IV of the United States Constitution "guarantee[s] to every State in this Union a Republican form of Government". In contrast, the former Soviet Union, which described itself as being a group of “Republics” and also as a “federal multinational state composed of 15 republics”, was widely viewed as being a totalitarian form of government and not a genuine republic, since its electoral system was structured so as to automatically guarantee the election of government-sponsored candidates.

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