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[applause] [applause] [applause] delegates, ladies and gentlemen, please take your seats. please welcome back republican national committee chair rice priebus. mr. priebus: welcome to the third session of the 2016 republican national convention. the convention will come to order. olors will bec represented by our men and women in blue. please welcome the color guard from the cleveland police department for helping protect us tonight. [applause] thank you. halt. left face. please remain standing for the pledge of allegiance, the national anthem and the indication. representing countries from around the world, please welcome the patriotic nationality ambassadors will lead us in our pledge of allegiance. i pledge allegiance to the flag of the united states of america and sue the republic for which it stands, one nation, under god, indivisible with liberty and justice for all. mr. priebus: all right. please welcome lifelong browns ch, who will sing t ....
today, we re dealing with the effects of the winter storm that hit siouxland yesterday and overnight. as the morning snow hit, roads and sidewalks began to freeze over. sioux city was a white out earlier yesterday, with less than half a mile visibility. and the icy sidewalks and streets were making it more difficult for travel. earlier in the morning, crews were out clearing the streets and spreading sand, but it was slow going. the winter weather conditions did cause some problems for drivers. ktiv s tommie clark shows us the tricky travel on sioux city roads yesterday. snow. this morning after about 9:30 they just started to deteriate quickly. we really saw that significant change. we ve had troopers staggered. some came out at 4am, 6am, and then i came out at 7 and then we ll all extend our shifts throughout the day, said i state trooper, john farley. trooper john farley says with the limited visibility, it s important to take extra precautions. we encourage peop ....
idaho hedge their risks in their farming and ranching opportunities in the same way by trying to make sure that they have protected the price of certain commodities that they need to utilize in the conduct of theirins. by making sure they have protected certain commodities. derivatives have historically been used by businesses. and everything and between to manage the risk of their businesses. end-users trading derivatives to hedge business and economic risk and it is important to understand. overtime derivatives of ground and the use of investment in derivatives has grown. instead of just end-users trying to manage risk and community commodities for their products and physical needs many derivatives in fact, probably most more than the majority of the derivatives that are invested in today are no longer based upon a physical commodity but are links to variables like interest rates or stock prices or currency valuations or other factors like that. the market has mov ....
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