Every uptick in wind speed along the Gulf of Mexico shoreline is of enormous interest to Mike Eilts. Eilts, senior vice president for weather at DTN, a Minnesota-based analytics firm, knows that an unexpected cold front in Louisiana, nudged southward by a jet stream unsettled by global warming, can push rising winds into the Gulf, putting dozens of floating oil rigs at risk. The rigs can withstand hurricane-force winds of 80 miles per hour if they have time to turn to face the tempest. But if they’re hit from the side, their pipes can be severed with just a bit more than a 35-mile per hour breeze. DTN is paid to make sure that doesn’t happen. “If they get blow-off, it’s a huge problem that can cost them about $15 million each per event,’’ Eilts said in a telephone interview. “We run special models to watch those fronts, and we call out the captains of each ship within three hours of a cold front coming.’’ From IBM and AccuWeather … [Read more...] about Wall Street embraces weather risk analysis
What risk analysis
Sections SEARCH Skip to content Skip to site index Science Subscribe Log In Subscribe Log In Today’s Paper Advertisement Supported by Barbara Rae-Venter’s genealogical sleuthing acumen has inspired others to help law enforcement with unsolved cases, as well as an ethics and privacy debate. ByHeather Murphy Aug. 29, 2018 Much to the frustration of her proud son, “I was worried about my safety, which is why it’s taken me so long to come out of the closet,” said Barbara Rae-Venter. Last week, the 70-year-old former attorney, who lives in California, decided she was ready, allowing Paul Holes, a retired investigator at the Contra Costa District Attorney’s Office to name her in a tweet: The genetic genealogist who helped find #GSK Deangelo has given me permission to divulge her name - Barbara Rae-Venter. Without Barbara's help we would probably still be building family trees. She gave us structure … [Read more...] about She Helped Crack the Golden State Killer Case. Here’s What She’s Going to Do Next.
Number 10 have repeatedly refused to say if MPs will get to see analysis of economic impact of 'no deal' Brexit before they vote on the final deal A spokesman for Theresa May said “appropriate analysis” will be produced before MPs get to have their say. The Prime Minister has promised the Commons a "meaningful vote" on the agreement, but the options will be to either accept the deal or crash out of the EU with nothing. The spokesman was asked multiple times if it would include an analysis of no deal on the economy but refused to say. “Once a deal is agreed we have committed to provide Parliament with the appropriate analysis ahead of the meaningful vote,” he said. The spokesperson added: “I’m not going to get into the content of what the analysis may contain.” And he argued: “We don’t actually anticipate the situation where we have no deal; we are confident that we will negotiate a successful outcome as a result of the ongoing … [Read more...] about Government might not tell MPs risks of no deal Brexit before crunch Commons vote
It has become an economic fact that, short of a global ban, which is unlikely, the cryptocurrencies are here to stay. Thus, financial experts, local and foreign, keep cautioning that their volatility means people should not invest more than they can afford to lose. The risks may not be overemphasised. But the mere hint of winning it big makes it seem worthwhile for many speculators to ignore the perils. The allure of possible riches is simply too irresistible. Since Bitcoin made its debut, riding on the 2008 global financial crisis, there are now too numerous versions of copy-cat cryptocurrencies emerging every now and then for one to keep count. CoinMarketCap, for instance, one of the better-known trackers of the digital currencies’ trends, lists over 1800 active cryptocurrencies on its website (https://coinmarketcap.com/all/views/all/). However, marked by a sustained downward trend, all has not been well with the currencies lately, and of which bitcoin best illustrates the … [Read more...] about The volatile cryptocurrencies and what must be done
As of now (that is, since the Budget announced in October 2016), each of your grandchildren is entitled to receive up to a total of €32,500 in their lifetime from you as their grandfather - without incurring a tax liability. Gifts or an inheritance received over this amount are subject to Capital Acquisitions Tax (CAT - also known as gift or inheritance tax) in their hands at the prevailing rate, which is 33pc. You mention providing an annual contribution of a varying nature depending on your capacity to do so - in this case using the annual gift exemption can help you. With this tax exemption, you can provide financial assistance up to €3,000 annually to each of your grandchildren - and this €3,000 will be exempt from tax and won't impact the €32,500 lifetime limit referenced earlier. Note too that the annual gift exemption can be received each year from any number of individuals. For example, each of your grandchildren could receive an additional €3,000 … [Read more...] about What’s best way of helping grandchildren?