Calgary (100 miles N. of here) has had two 100 -
year floods in just 8 years.
The probability does not change if there are two 500
year floods in 10 years.
So how do we explain that in the span of just five months, the United States logged no fewer than four deadly 1,000 -
year floods in states as widespread as Texas, West Virginia, Maryland and Louisiana — following a 1,000 - year - flood that ravaged South Carolina last October.
Lower Mississippi had near record spring then that was topped by 500
year flooding in mid-west.
«Flood control is typically tied to thresholds such as the 100 - year event (a flood expected to occur, on average, once a century) in rural areas, or to the 200 -
year flood in heavily developed basins.
The U.S. Geologic Survey warns that the next 200 -
year flood in California would likely cause more than $ 700 billion in damage.
Not exact matches
In some rural areas, farmers have been waking up to flooded fields — and a possible dent in this year's profit
In some rural areas, farmers have been waking up to
flooded fields — and a possible dent
in this year's profit
in this
year's profits.
But another good
year in 2003
flooded the reserves, and the industry then decided to impose quotas to limit excess production.
Hurricane Maria was the most powerful storm to hit Puerto Rico
in more than 80
years, swallowing houses,
flooding neighborhoods and leaving millions without power.
The Swiss created, then shunned, digital watches and let the Japanese
flood the market and put 50,000 Swiss watchmakers out of work
in two
years (1979 - 1981).
The industry received backlash
in 2013, when many Albertans were only partially covered for the damages of the
year's disastrous
flooding.
In his six years as Mayor of Calgary, Naheed Nenshi has dealt with his fair share of damage control, from catastrophic flooding in 2013, wildfires this spring in the neighbouring communities, and the ongoing fallout from the province's recessio
In his six
years as Mayor of Calgary, Naheed Nenshi has dealt with his fair share of damage control, from catastrophic
flooding in 2013, wildfires this spring in the neighbouring communities, and the ongoing fallout from the province's recessio
in 2013, wildfires this spring
in the neighbouring communities, and the ongoing fallout from the province's recessio
in the neighbouring communities, and the ongoing fallout from the province's recession.
After being astonished by the stunning images of
flooding in Texas, Kenan Pala — the 13 -
year - old founder of Kids4Community, a San Diego - based non-profit — decided to take action.
Other matching fund offers
flooded in from techies, including Patrick Collison, chief executive of online payment company Stripe, and Nat Friedman, co-founder and chief executive of Xamarin, the software development company acquired last
year by Microsoft (msft).
In 2016, for the first time since the Great Recession, restaurant chains once again began emphasizing value after
years of doubling down on quality with a
flood of bundled bargain deals.
They are behind last
year's pace, while imports from China and elsewhere are
flooding in.
In addition to repairs on the factory, it has rebuilt pier bulkheads destroyed by the storm, and will move new residential and commercial construction on the lot above the Federal Emergency Management's redrawn
flood plane, which now calculates for 100 -
year storms.
The trickle became a
flood, and
in February it was announced that Heenan Blaikie would close, despite a $ 75 - million profit last
year.
Sandy, whose ferocity is described by weather experts as a once every 700
years event, left
in its wake a path of destruction that wiped out entire towns, squashed power grids,
flooded regional transportation, and hobbled tens of thousands of small businesses, the economic lifeblood of New Jersey and New York.
Florence Abraham had her bakery destroyed
in the devastating
floods in Nigeria last
year, and she had to flee with her husband and five children.
Last
year, for instance, it sent emergency drinking water to communities affected by California's wildfires,
floods in Louisiana, and Hurricane Matthew, which made landfall
in South Carolina.
Eclipsed
in the popular imagination by Apple and battered by the earthquake
in Japan and
floods in Thailand, Sony looks as defeated as ever, predicting another loss for this fiscal
year, this time to the tune of US$ 1.2 billion.
This
year Iowa, Illinois, Michigan, and Wisconsin have been wetter than ever before; Australia, India, Pakistan, and Bangladesh have severely
flooded;
in New Zealand the rainfall is four times the usual.
The number of genuine companies joining the TSX (you know, businesses that actually make things or sell their services — not the sprawling detritus of exchange - traded funds and other investment vehicles that regularly
flood the exchange) is, so far this
year, down from what it was
in previous
years.
With the bulk of quotas ending this
year, industry watchers expected western countries to be
flooded with foreign imports
in 2005.
Until just a few
years ago, a good disaster recovery plan included insuring your company against
flood and disruption, backing up your data and storing it
in a different location once a week, as well as developing a contingency plan for your employees to work from home, or some other location.
«We're hopeful this extension moves us toward the most productive path for our domestic steel industry — the tariffs President Trump announced earlier this
year and a quota system to limit the amount of imports
flooding our country,» Lebow said
in a statement.
Bank - to - bank lending rates have been
in virtual freefall since November last
year when news broke that the ECB was going to
flood the banking system with ultra-cheap, three -
year cash.
Bank - to - bank lending rates have been
in virtual free - fall since November last
year when news broke that the ECB was going to
flood the banking system with ultra-cheap, three -
year cash.
Or will this be more like 1986 — an eerily familiar scenario
in which an OPEC decision to keep pumping oil after a
flood of new supply ended up tanking prices for
years?
A 100 -
year flood has a 1
in 4 chance of occurring
in the 30 -
year span of a typical home mortgage, he said, adding that's the kind of time scale that gets people's attention.
«We can longer commit to evaluating the impacts and risks of a single project
in isolation against a retrospective, stationary understanding of risk (e.g., the 100 -
year flood we've been hearing so much about.)»
A
flood of higher - tech ones are expected
in three to seven
years.
Building homes
in 100 -
year flood zones creates vulnerability, no matter how well - engineered these structures may be.
Last
year, a string of strong hurricanes that hit airlines» hubs cost airlines hundreds of millions of dollars
in lost revenue, but clearing runways from a snowstorm is a much faster process than recovering from the
floods, power outages, structural damage to airports and other infrastructure damage that 2017's storms caused.
But it is just the highest - profile case
in a growing
flood of data breaches that have risen
in sophistication over the past five
years.
Water is also a symbol
in company folklore; for many
years Optiva's manufacturing plant was separated from the rest of the company's operations by a creek that periodically
flooded over, making employees» treks back and forth, well, an adventure.
The central bank has cut interest rates for more than a
year and
flooded the state - owned sector with almost $ 1 trillion of credit
in the first quarter.
«We're hopeful this extension moves us toward the most productive path for our domestic steel industry - the tariffs President Trump announced earlier this
year and a quota system to limit the amount of imports
flooding our country,» Leebow said
in a statement.
Heatwaves and drought mean that California's avocado production is expected to fall by 44 %, while disastrous
flooding in Peru's avocado - growing south has also led to a downgrade
in this
year's crop forecast, according to the BBC.
Domestic steel manufacturers have taken a beating
in the past few
years, especially after the market was
flooded by cheaper foreign imports — but now the sector is rallying.
Hurricane Maria was the most powerful storm to hit Puerto Rico
in more than 80
years — swallowing houses,
flooding neighborhoods and leaving millions without power.
In its first two
years, as demand soared, the company hired dozens of hourly workers to handle the
flood of incoming complaints and problems.
American shale drillers using the same technology have
flooded their domestic market
in recent
years, pushing out higher - cost Canadian supply.
Likewise,
flooding in Annapolis, Maryland, home to the U.S. Naval Academy, is not expected to reach the 10 percent threshold, although key parts of the city, including the academy campus and downtown, now
flood 40 times a
year.
For the past two
years, OPEC's pump - at - will policies have
flooded the market with cheap supply, causing economic pain for producers with higher cash costs, including those involved
in fracking, the Canadian oil sands and deepwater drilling.
In recent years, money has flooded into low - cost index funds and out of more expensive actively managed funds, thanks in part to a greater focus on the large bite fees take out of already lackluster retirement balances over the long ter
In recent
years, money has
flooded into low - cost index funds and out of more expensive actively managed funds, thanks
in part to a greater focus on the large bite fees take out of already lackluster retirement balances over the long ter
in part to a greater focus on the large bite fees take out of already lackluster retirement balances over the long term.
Last
year's explosive rise
in the value of digital coins and the
flood of new retail investors drawn to the market have rattled global regulators nervous about a sector used largely for speculation.
So if there's a
flood in Houston one
year, the places where it didn't
flood can cover it and vice versa.
Health officials
in Texas have already announced the death of a 77 -
year - old Harris county resident from Vibrio: She came into contact with
flood waters when they ripped into her home, and later died as a result of flesh - eating disease.