MetService
How weather predictions are made. This is an example of a MetService three-day rain forecasting model, mapping out what kind of weather we re in for.
EXPLAINER: If you want a weather forecast you can choose from many different providers – but sometimes their forecasts clash. The reasons why come down to complex international models, stunning supercomputers, and human judgement. On the morning of Tuesday, January 12, the MetService website, the AccuWeather app, and Apple’s weather app (powered by IBM’s Weather Channel) told different stories. .
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How Apple, AccuWeather, and MetService called the weather in Christchurch on Tuesday, January 12, 2021.
Photo: Randall E. King
The biological father of a 5-month-old baby suspected of being a victim of child abuse appeared in Baxter County Circuit Court earlier this month.
Thirty-six-year-old Randall E. King of rural Mountain Home entered a no contest plea to charges of endangering the welfare of a minor in the first degree.
He was placed on four years probation.
The mother of the child, 35-year-old Desiree Marie Daniels, is due to appear in circuit court on Jan. 14.
The two children in the family, the victim and his older sister, were in foster care as late as last month. The Office of Child Support Enforcement has brought suit against Daniels seeking support for the children.
Oklahoma Tobacco pumps $70 million into direct lending
Oklahoma Tobacco Settlement Endowment Trust, Oklahoma City, made two new direct lending commitments totaling $70 million.
The $1.3 billion endowment trust fund committed $50 million to AG Direct Lending Fund IV, managed by
Angelo Gordon & Co., and $20 million to Monroe Capital Private Credit Fund IV, managed by
Monroe Capital Management, said Lisa Murray, chief investment officer.
The trust fund issued an RFP in September to bring direct lending closer its target allocation of 8%. Angelo Gordon and Monroe Capital were the only finalists.
As of June 30, the actual allocation to private debt was 3.4%.
Investment consultant NEPC assisted.