Word: dubious
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...dollar didn't always enjoy the dubious honor of being the global currency a trader could most cheaply borrow. For much of the last decade Japan has been the world's largest moribund economy, with an economy so weak the Bank of Japan never dared to lift interest rates significantly above zero. During this time the Japanese yen was the currency traders loved. No longer, it seems. "The yen has become the least obvious carrying currency," says Credit Suisse's Desbarres, mainly because the near-zero interest rates Japan once exclusively offered are now available from central banks across...
...renewed conflict, leaders of some of the ethnic militias aren't just looking out for their downtrodden populaces. They're also protecting their own interests in a region that, after all, extends into the infamous Golden Triangle. Starved of other economic means, some rebel armies have resorted to dubious funding schemes, like selling opium, illegal timber and methamphetamines. During the ceasefire period, the junta largely turned a blind eye to such businesses, which financed spacious villas and golf courses for some ethnic commanders...
...advanced long-range missile shield will be replaced by a more efficient and technologically feasible system of sensors and interceptors. We believe the decision was a sensible one, especially since the new plan relies on technology that has been tested and proven efficient, whereas the older plan relied on dubious, expensive technology that was still being developed...
...counter that kind of attack, there are significant provisions in the bill that would go into effect immediately, according to a White House aide. The practice of rescission (nixing policies for dubious reasons when sick people need them most) and annual and lifetime spending caps that insurers place on some policyholders would immediately be banned. For those who can't get insurance because of pre-existing conditions, a catastrophic-care fund would immediately be set up to provide coverage. And as part of an agreement with the pharmaceutical industry, seniors who fall into the so-called doughnut hole (after they...
...hair-trigger responses could not stop the hijackers, maybe we should slow things down and focus on wisdom rather than speed. We now know that decisions made rashly in the aftermath of 9/11 (spying on citizens, torturing suspects, detaining without trial men of unproven guilt) were of dubious effectiveness. Just as significantly, no obvious danger would have ensued if we had made those decisions together, through public deliberation over the course of days and weeks. We didn’t know all of this in 2001, so some deference is due. But we know now that citizens should be allowed...