Send it to Jeff Redd, WoodWire editor, by fax ator email to jeff rlpi. For more, click here Customs launches investigation in hardwood plywood case U. CBP will investigate whether a group of importers has been evading anti-dumping and countervailing duties on select hardwood plywood from China by transshipping Chinese white birch plywood through Vietnam.
Definitions[ edit ] Firefighters at work The Oxford English Dictionary cites the earliest use of the word in English in the spelling of risque from its from French original, 'risque' as ofand the spelling as risk from It defines risk as: Exposure to the possibility of loss, injury, or other adverse or unwelcome circumstance; a chance or situation involving such a possibility.
This definition, using project terminology, is easily made universal by removing references to projects. This concept is more properly known as the 'Expectation Value' or 'Risk Factor' and is used to compare levels of risk The probability or threat of quantifiable damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities, and that may be avoided through preemptive action.
The possibility that an actual return on an investment will be lower than the expected return. A situation where the probability of a variable such as burning down of a building is known but when a mode of occurrence or the actual value of the occurrence whether the fire will occur at a particular property is not.
The probability of a loss or drop in value. Trading risk is divided into two general categories: Also called market risk. Also called non-market risk, extra-market risk or diversifiable risk. Product of the consequence and probability of a hazardous event or phenomenon. For example, the risk of developing cancer is estimated as the incremental probability of developing cancer over a lifetime as a result of exposure to potential carcinogens cancer-causing substances.
In this definition, uncertainties include events which may or may not happen and uncertainties caused by ambiguity or a lack of information. It also includes both negative and positive impacts on objectives.
Many definitions of risk exist in common usage, however this definition was developed by an international committee representing over 30 countries and is based on the input of several thousand subject matter experts.
Other[ edit ] Very different approaches to risk management are taken in different fields, e. Risk can be seen as relating to the probability of uncertain future events.
In computer science this definition is used by The Open Group. References to negative risk below should be read as also applying to positive impacts or opportunity e. The related terms " threat " and " hazard " are often used to mean something that could cause harm.
Practice areas[ edit ] Risk is ubiquitous in all areas of life and risk management is something that we all must do, whether we are managing a major organisation or simply crossing the road.
When describing risk however, it is convenient to consider that risk practitioners operate in some specific practice areas. Economic risk[ edit ] Economic risks can be manifested in lower incomes or higher expenditures than expected.
The causes can be many, for instance, the hike in the price for raw materials, the lapsing of deadlines for construction of a new operating facility, disruptions in a production process, emergence of a serious competitor on the market, the loss of key personnel, the change of a political regime, or natural disasters.
Health[ edit ] Risks in personal health may be reduced by primary prevention actions that decrease early causes of illness or by secondary prevention actions after a person has clearly measured clinical signs or symptoms recognised as risk factors.Lifting your rocket from Terra's surface into circular orbit takes an unreasonably large amount of delta V.
As a matter of fact, if your missions use Hohmann trajectories, the lift-off portion will take about the same delta V as does the Hohmann from Terra to the destination planet. New Report Says National Shortage of Truck Drivers to Reach 50, This Year Industry Needs to Hire Roughly 90, New Drivers Annually to Meet Demand Orlando, Florida – Today, American Trucking Associations Chief Economist Bob Costello released the findings of his latest report into the driver shortage, warning the trucking industry could .
UN News produces daily news content in Arabic, Chinese, English, French, Kiswahili, Portuguese, Russian and Spanish, and weekly programmes in Hindi, Urdu and Bangla.
Our multimedia service, through this new integrated single platform, updates throughout the day, in text, audio and video – also making use of quality images and other media from across the UN system. Global stock markets have mostly fallen as concerns about economic growth continue to weigh on sentiment and trading is thinned by the U.S.
Press Release – A recent AmeriQuest blog looks at how the driver shortage is becoming a multi-national issue. CHERRY HILL, NJ – With the shortage of truck drivers at the top of mind for today’s fleet executives, NationaLease’s recruitment expert Jane Clark takes a close look at reasons behind this issue in a blog [ ].
Added regulations, fewer driver hours and even fewer new drivers entering an already depleted industry are adding up to a perfect storm. The domino effect of a shortage of truck drivers is sinking in and changing the way companies do business.