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KINGSTON cheap nike air max 120 , March 5 (Xinhua) -- The Jamaica Constabulary Force (JCF) confirmed on Thursday that seven people including a police officer has sustained injuries in a confrontation between police and gunmen in downtown Kingston.


An officer from the Corporate Communication Unit of JCF told Xinhua the shootout took place at about 6:45 p.m. local time (2345 GMT) on Wednesday when four men armed with guns engaged a police team that was on patrol round the downtown area.


A news release from the JCF said the gunmen opened fire and triggered the confrontation. After the shooting, it was found that seven people received gunshot wounds, including a police officer, who was grazed on the foot by a bullet.


All injured persons were sent to a hospital while one who had been shot in stomach was reported to be in serious conditions.


The gunmen have escaped and a further investigation is underway, the police said.


Jamaica, whose murder rate ranks the world top 10 cheap we love nike air max 95 , has been suffering from a wide spread of illegal guns for a long time. Statistics compiled by the JCF show that in the past 10 years, some 10,000 murders have been committed with guns in Jamaica.

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KIEV, Feb. 12 (Xinhua) -- At least 16 people have been killed in the past day in eastern Ukraine as hostilities continued between government troops and pro-independence rebels, authorities said Thursday.


The fatalities came amid hopes that a ceasefire would be established in the restive regions soon after peace talks in Minsk produced a roadmap for an end to fighting.


Explosions and shooting rocked the rebel-held Donetsk city overnight, killing seven people and wounding 14 others air max 90 we love nike for sale , the city council said in a statement.


Besides, three people died during a shelling in Avdeevka town, 15 kilometers north of Donetsk.


Battles between government troops and the rebel forces were also raging in Lugansk region, leaving 4 civilians dead and 7 other wounded since Wednesday, regional authorities said.


As a result of the fighting across the two restive regions, two Ukrainian servicemen have been killed and 21 wounded in the past 24 hours cheap nike air vapormax womens , according to the Defense Ministry's General Staff press service.


The insurgents have not commented on their casualties over the past day.


Earlier in the day, leaders of Ukraine, Russia, Germany and France reached a peace deal for an end to fighting in eastern Ukraine, following 14-hour marathon talks in the Belarussian capital of Minsk.


The agreement envisages a ceasefire between the Ukrainian forces and insurgents effective from Sunday, followed by the withdrawal of heavy weapons from the front line and constitutional reform to give eastern Ukraine more autonomy.


The conflict in Lugansk and Donetsk regions cheap nike air vapormax mens , which has been raging since April 2014, has claimed more than 5,300 lives so far.

" How your home loan EMIs are calculated

Posted by nikhil294 on October 12th, 2016


Institutions providing home loans intermittently come up with new forms of loans that are devised to meet the needs of house buyers from every section of the society. However, before choosing a particular loan, it is very important to have a comprehension about the most important constituent of the loan - the EMIs.


An EMI nike air vapormax flyknit wholesale , or equated monthly instalment, is a certain amount of money that is payable by you to the bank (in case you have taken a home loan) in order to obtain legal possession of the house.


What is an EMI?


In plain financial terms, an Emi calculator online is the amount of money paid by borrowers, each calendar month, to the lender, for clearing their outstanding loan. This also means that a sum of money gets deducted from your particular account irrespective of any sudden untoward financial stringency faced by you. EMI payments are made every month cheap nike air vapormax flyknit , generally on a fixed date, for the entire tenure of the loan, till the outstanding amount has been completely repaid.


EMI break-up


When it comes to segregating the sum that is payable towards the loan, EMI is actually deduced based on an unequal combination of principal and interest. In the initial years of the loan, a major portion of the EMI comprises the interest payable by the borrower. As the loan matures, and as the principal gradually gets paid nike vapormax plus wholesale , the outstanding loan amount reduces. The interest component thus becomes lower than the principal, and finally minimal. The EMI, though, stays as a constant amount each month, except in the following cases:


Instances when the borrower paid a lump sum amount of the outstanding loan, then this amount gets duly adjusted against the remaining balance cheap nike air vapormax plus , thereby reducing the EMI. Now, in this particular case, the borrower gets an option where heshe can maintain the EMI while reducing the loan tenure.


In case the borrower has opted for floating rate of interest, then the EMI varies according to market fluctuations.


The EMI of your home loan is determined by four major factors


Principal amount: The principal amount refers to the actual sum of money that is borrowed by the lender. Beyond question, the principal amount is a major determining factor towards the EMI that is to be paid by you.


Rate of interest: The rate of interest is the rate at which the borrower has taken money from an organization or market. This is the most important factor when it comes to determining your EMI. The higher the rate of interest, the greater is the EMI payable by you. It is always advisable to do a market study of various Emi calculator online offered by lending bodies and then decide upon a particular product.


Loan tenure: The tenure of the loan refers to the duration for which the loan has been taken. The longer the duration of the loan cheap nike air vapormax , the lesser the monthly EMI burden on the borrower.


Fixed and floating rate of interest


EMIs can be calculated either on a fixed or a floating rate of interest.


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