The scoop on the career of Randall Pearson, played by Sterling K. Brown, on NBC’s hit show ‘This Is Us,’ which returns Jan. 10.
It took a 60-foot grave — and 26 hours — for Holly Capron and her husband, who were then raising turkeys in Kansas, to bury the 4,600 birds that died in the 2011 July heat wave. Roughly, 1,000 miles to the east in North Carolina, the losses were worse: 50,000 chickens died in under an hour as temperatures jettisoned above 100F. “It felt like hell,” Holly Capron told the Associated Press.
To safeguard itself against the elements, a company might call a man like Alejandro Turullols, who deals in products that protect against...
When the show started, Randall worked as a weather trader in NYC, which he admitted is difficult to explain. But, weather derivatives are financial tools used by organizations as a part of risk management strategy to reduce risk associated with unexpected weather conditions.
Weather derivatives are derivative securities in which an investor hedges against the future state of the weather. Derivatives are commonly used as a market-based instrument to transfer risk from one party that is exposed to risk, to another that is considered able or willing to bear it.
An index-based weather derivative is a financial instrument that is used to manage weather risk based on an index of weather-related data. The index is designed to reflect losses or liquidity needs caused by an adverse weather event.
Weather futures enable businesses to protect themselves against losses caused by unexpected shifts in weather conditions. Weather future payoffs are based on the aggregate difference in the measured weather variable, usually the recorded temperature, over a fixed period.
His role is like that of a real-estate agent — but for weather: He studies weather forecasts and then connects a company looking to capitalize on the financial impact weather might have on its bottom line, with a company, like an insurance company or financial firm, that offers a product that can do this.
Address: 569 Waelchi Ports, South Blainebury, LA 11589
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Hobby: Web surfing, Scuba diving, Mountaineering, Writing, Sailing, Dance, Blacksmithing
Introduction: My name is Prof. Nancy Dach, I am a lively, joyous, courageous, lovely, tender, charming, open person who loves writing and wants to share my knowledge and understanding with you.
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