Archive for April, 2022

30
Apr

Face-off at Islamabad Mosque

   Posted by: Admin    in Uncategorized

Sunday, July 8, 2007

Since last Tuesday, following violent confrontations with Pakistan’s army, up to 1800 clerics and students are still holed up in Islamabad’s Red Mosque. Clashes began last week following mounting antagonism between the mosques hard-line leaders and the government lead by President Pervez Musharraf.

The mosque has been accused of enforcing its own Islamic law in the capital, notably the illegal detention of Chinese foreign nationals working in massage parlors.

20 people have been reported killed over the past six days, which have seen multiple gun battles and demolition of the mosques exterior walls. Currently, there seems little chance of a negotiated resolution. A delegation of Islamic leaders were refused access, and the mosques leader Abdul Rashid Ghazi has declared suicide a favourable option to surrender.

The mosques leaders follow the Hanafi school of thought, believing that the Koran is the authority by which justice should be metered. Historically the mosque has had close links with the Pakistan leadership, and members of the current administration have resisted calls for a crackdown on the mosques provocative behaviour.

The stand-off represents a decisive ideological challenge to the president who is walking a fine-line between Islamic extremists at home and foreign pressure to crack-down on militancy in the lawless tribal regions.

Retrieved from “https://en.wikinews.org/w/index.php?title=Face-off_at_Islamabad_Mosque&oldid=868671”

Techniques to Lessen Air Conditioner Fixes

by

tai roylance

You actually, finally have it set up as well as turn this on quickly soon after buying your particular ac unit from the air conditioning unit company. This chilly breeze out of this air conditioning embraces you and you breathe within an in-depth cold breath. The joys of having an air conditioner cannot be subtle. Once the summertime heat seeps within the home, the air conditioner cools this warmth and keeps the environment cozy and comfortable. But how long would you think your air conditioner lasts just before you call urgent situation air conditioning repair service?

Regular air conditioning unit inspections has to be carried out to make sure excellent air flow coming initially from your air conditioning unit for that home remaining efficient and cool.

Keep in your mind the place in which you decided to place the air conditioning unit that it must not possess any obstacles. For those who made a decision to place it within a area in which the ventilation is blocked, it may give a substantial problem for that air conditioning unit to correctly cool the living area. The air conditioner unit s capability to cool down the house is likely to be greatly reduced as well as the whole reason for purchasing the air conditioning unit sheds at the same time. It is wise to send this back to your air conditioning unit company.

[youtube]http://www.youtube.com/watch?v=-AtsiPDGp4I[/youtube]

Don\’t forget to examine regularly if you have identified an effective place to put your air conditioning equipment. For individuals that have put this within a place of the home in which individuals frequently assemble, you have to regularly drop for the speedy inspection if there is any issue. The greater the usage of the air conditioning equipment the greater the possibility for air conditioning unit fixes as well as maintenance, because the air conditioning unit could be taxed more often.

Watch out for port cooling fins. Throughout the day-to-day, weekly or even monthly ac inspection you actually discovered that any section of the air conditioning unit s chilling fins continues to be twisted. If you decide to be able to visit your air conditioning unit service company that sold you actually your conditioning unit then question these people the reason why could it be not working effectively as they have told you. The ac company will advise you to check the fins. Mid air may not be able to circulate a lot more readily on places you wish to reach when the fin blades are generally bent. No surprise it hasn t been cool that recently.

Look for time for you to thoroughly clean filter systems. Filtering systems are generally a significant part within the good ac unit. When filter systems get broken, contacting emergency air conditioner repair service will prove quite pricey.

Regular clean-up agendas for the cooling equipment will verify very efficient with time. Preservation is essential to stop urgent situation ac fixing solutions. Air conditioners are excellent tools to assist you this summer period warmness. They offer cool comfy atmosphere that may help you remain relaxed in the sizzling hot daytime. Do your best to deal with these units since they are quite an costly bundle. Do not hesitate to contact your ac repair service center business to help you when they need immediate urgent situation ac repair. A traditional air conditioning unit would keep going for a long time to assist you remain calm this summer season.

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29
Apr

U.S. restores full diplomatic relations with Libya

   Posted by: Admin    in Uncategorized

Tuesday, May 16, 2006

The U.S. has announced full diplomatic relations will be restored with Libya and the country removed from the list of nations the U.S. considers to be state sponsors of terrorism following a 45-day open comment period.

Renewal of diplomatic relations between the two states comes after extended diplomatic efforts by both parties to end the 25-year break.

“It is a result of mutual interests, agreements and understandings,” said Abdurrahman Shalgham, Libyan’s Foreign Minister.

“We are taking these actions in recognition of Libya’s continued commitment to its renunciation of terrorism and the excellent cooperation Libya has provided to the United States and other members of the international community in response to common global threats faced by the civilized world since September 11, 2001,” said Condoleezza Rice, the United States Secretary of State.

Diplomatic ties were strained between the countries following the rise to power of Libyan leader Muammar al-Gaddafi in 1969, and U.S. economic sanctions against the country beginning in the 1970s. They were severed following the U.S. removal of diplomatic personnel from Libya in 1979 after a mob set fire to the U.S. embassy in Tripoli, and the U.S. closing the Libyan embassy and expelling Libyan diplomats in 1981.

The UN removed international economic sanctions in 1999, following Libya’s acceptance of UN Security Council Resolutions regarding Pan Am Flight 103. In 2003 Libya announced efforts to dismantle military programs to develop weapons of mass destruction as well, which led directly to diplomatic negotiations with the U.S. and the opening of a diplomatic liaison office in Tripoli in 2004.

Retrieved from “https://en.wikinews.org/w/index.php?title=U.S._restores_full_diplomatic_relations_with_Libya&oldid=1977517”
29
Apr

Nigerian troops allegedly burned down slums after soldier’s killing

   Posted by: Admin    in Uncategorized

Friday, August 25, 2006

Residents in the city of Port Harcourt said that Nigerian troops burnt down hundreds of slum dwellings, allegedly as reprisal after an Army sergeant was killed in Thursday’s abduction of oil workers in the area.

Residents told news agencies that troops poured petrol over slum houses located near a compound belonging to Saipem, a subsidiary of Italian oil company Eni, and set them alight. The fires have reportedly destroyed hundreds of homes and shops and hundreds of people are said to have fled from the area. On Friday, people returning to the area and onlookers were chased away by soldiers.

Speaking to the Associated Press, Army Brigadier General Samuel Salihu denied that Nigerian troops were responsible for the arson. He said that militants active in the area had set the fires, wearing Army camouflage.

On Thursday, oil workers were kidnapped from a bar near the slums by armed men who shot dead an Army soldier guarding the workers, and injured another soldier. Nigerian military sources said at least two foreign oil workers were missing, one of them, Italian. The Italian foreign ministry, though, said that three foreigners were missing.

The oil-rich Niger Delta region has witnessed a spate of kidnappings recently. Nineteen people were held captive in eight separate abductions this month. All but three of them have been released since, some after the state government and the oil companies paid a ransom.

The Movement for the Emancipation of the Niger Delta (MEND), a militant group which has taken hostages and attacked oil facilities, but says it does not kidnap for ransom, said in a statement that it the state government has encouraged such abductions by paying ransoms.

Last week, as part of a tougher line adopted by the Nigerian government, President Obasanjo sent in the Army, with orders to use “force for force” against militants in the region. Over 160 people were taken into custody in a two day crackdown, including over 100 from a nearby slum, but most have been released since then.

The BBC’s Alex Last reports that local leaders and oil companies are concerned that this new tough policy will increase tensions in the region.

Retrieved from “https://en.wikinews.org/w/index.php?title=Nigerian_troops_allegedly_burned_down_slums_after_soldier%27s_killing&oldid=3130429”
28
Apr

Thirteen dead, several wounded in Fort Hood, Texas shooting

   Posted by: Admin    in Uncategorized

Thursday, November 5, 2009

The United States Army has confirmed that thirteen people have been killed after a shooting rampage at the Fort Hood army base in Texas. An additional thirty are reported wounded, and the gunman is in stable condition after being shot by military police. Two other soldiers are in detention.

The incident took place at a deployment readiness center. According to local congressman John Carter, shooting broke out shortly before a graduation ceremony.

The gunman has been identified as an army officer, Major Malik Nadal Hasan. He is a mental health professional, presumably either a psychologist or psychiatrist, according to an unnamed defense official. Two other suspects were in custody, the base commander, Lieutenant-General Bob Cone, said.”Our investigation is ongoing, but preliminary reports indicate that there was a single shooter,” Cone said at a news conference. “The shooter is not dead, but in custody in stable condition.”

Initial reports said that the gunman had been shot to death by military police; however, General Cone now says that the man is in custody and is in the hospital with injuries, but is in stable condition. FOX40 News in Sacramento managed to record a military spokesperson commenting on why the media wasn’t informed about the status of the gunman until four hours after the initial announcement was made that he had been fatally shot. That military spokesman replied, “the doctors didn’t know who they were working on.”

When asked at the conference whether Hasan’s attack might have been a terrorist act, General Cone replied that “I couldn’t rule that out, but I’m telling you that right now the evidence does not suggest that.”

It is not currently clear if those killed and wounded are civilian or military. The gunman is reported to have been in uniform and using handguns. Eyewitnesses claim at least one man was armed with a high-power sniper rifle. The chief of media at the base, Christopher Hogue, said to reporters that “the only one we know who was shooting was killed and he had two handguns.”

There may have been other people involved in the shooting, however. “We […] have apprehended two additional soldiers that are suspects. There were eyewitness accounts that there may have been more than one shooter,” General Cone said.

Effective immediately Fort Hood is closed. This is not a Drill. It is an Emergency Situation.”

The Killeen Independent School District said that all schools in the area were placed on lockdown. The base was closed down following the incident as well. “Effective immediately Fort Hood is closed,” a statement on the Fort Hood website read. “This is not a Drill. It is an Emergency Situation.” The website appears to have gone down shortly after the announcement.

A serviceman at the base described his experiences to the BBC. “I heard the emergency announcement over the speakers outside and saw people rushing to get indoors. In our office we’re okay but we’re hearing about the deaths. […] We are still on lockdown. I am hearing that at least nine people may be dead.”

Greg Schannep, a retired colonel, was heading to the 2 P.M. graduation ceremony when he heard gunshots and saw an injured soldier run past him. “Initially, I thought it was a training exercise,” he recounted, as quoted by the New York Daily News. “A soldier came running past me and said ‘sir, there is someone shooting.’ As he ran past me I saw blood on his back. I don’t think he even knew he had been shot.”

“It’s chaotic,” said the director of a local coffee shop near the base, as quoted by the Associated Press. “They’re just saying that they’re under attack they don’t know what’s going on. […] The phones are jammed. Everybody is calling family members and friends. Soldiers are running around with M-16s.”

The authorities are still gathering information about the shooting, according to Homeland Security spokeswoman Sara Kuban. “DoD [Department of Defense], DHS [Department of Homeland Security], FBI and other members of the intelligence community are assessing and gathering facts about the shooting. Because this is early in this event, we cannot at this time confirm motives behind these shootings,” she said.

The Scott & White Memorial Hospital in the town of Temple received ten of the injured victims from the attack. Its website has posted an appeal for blood donations. “Due to the recent events on Fort Hood, we are in URGENT need of ALL blood types,” it said. The hospital received 200 blood donations since 2:45 P.M. local time.

The hospital was soon closed to visitors after the wounded people were received. “[We are] no longer open to visitors as we focus our attention upon the victims and their families,” a statement on the website said. The associate system chief medical officer said that they did not have specific information on their conditions. “We get patients like this, but not usually all at once,” said director Glen Couchman.

Another health facility, the Metroplex Adventist Hospital, received seven other victims. The hospital stated that one of them was soon pronounced dead, and two others, including an EMS paramedic, are in surgery.

Fort Hood is situated in the town of Killeen. It is the largest military base in the world, houses around 40,000 US troops, and is about 100 kilometres (60 miles) north of Austin. It has been compared to a small town, with its own schools, convenience stores, and even two museums.

This is not the first time Killen has witnessed a shooting spree. The town was the site of the worst shooting spree in American history until the Virginia Tech massacre, when on October 16, 1991, George Jo Hennard drove his truck through the front window of Luby’s Cafeteria and proceeded to shoot and kill 23 people and wound another 20, before commiting suicide in what is know as the Luby’s massacre. It should be noted Major Hasan is an alumnus of Virginia Tech.

Hasan’s motives for the shooting spree were not immediately clear, however, Texas Senator Kay Bailey Hutchison told the FOX news agency that “I do know that he has been known to have told people that he was upset about going [to Iraq].”

[Going to Iraq] was probably his worst nightmare

A cousin of the gunman, Nader Hasan, told FOX that his cousin had been ordered to deploy to Iraq, but was unwilling to do so. “We’ve known over the last five years that was probably his worst nightmare,” he said.

According to Nader, Nidal is a US-born Muslim who had joined the military after finishing high school, and was a graduate of Virginia Tech, where he received a bachelor’s degree in biochemistry. He was also a member of the ROTC, and used to be a psychiatrist at the Walter Reed Army Medical Center in Washington, D.C.

“He was a psychiatrist at Walter Reed dealing with the people coming back and […] trying to help them with their trauma,” Nader said.

Retired colonel Terry Lee told FOX that “[Hasan] said maybe Muslims should stand up and fight against the aggressor. At first we thought he meant help the armed forces, but apparently that wasn’t the case. Other times he would make comments we shouldn’t be in the war in the first place.”

Security officials said that some Internet postings made half a year ago, discussing suicide bombings and other forms of violence, appeared to have been posted by Hasan, but this has not been officially confirmed.

Some army bases around the US increased security measures following the attacks. “The bottom line for us is that we are increasing security at our gates because the threat hasn’t yet been defined, and we’re reminding our Marines to be vigilant in their areas of responsibility,” said the public affairs officer for the Marine Corps Air Station in Yuma, Arizona, Captain Rob Dolan.

We don’t have reason to believe that this is anything other than an isolated incident

However, a spokesman for the Department of Defense said that the attack appeared to be an isolated incident. “This is an isolated and tragic case and we’re obviously in the process of obtaining more information as the events unfold,” said Lieutenant Colonel Eric Butterbaugh.

“We don’t have reason to believe that this is anything other than an isolated incident,” an army spokesman from Fort Lewis in the state of Washington, Joe Piek, commented. “We don’t normally discuss security operations at the post anyways, but I am sure this is something that our security law enforcement will be reviewing. As we are watching and listening, there is a lot we don’t know.”

…a horrific outburst of violence

President Barack Obama described the incident as “a horrific outburst of violence” in a press conference in Washington D.C., going on to say, “It is difficult enough when we lose these brave men and women abroad, but it is horrifying that they should come under fire at an army base on US soil. […] We will make sure that we get answers to every single question about this horrible incident. We are going to stay on this.”

Texas Senator Hutchison released a statement regarding the incident. “I am shocked and saddened by today’s outburst of violence at Fort Hood that has cost seven of our brave service members their lives and has gravely injured others. My heart goes out to their loved ones,” she said.

“Our dedicated military personnel have sacrificed so much in service to our country, and it sickens me that the men and women of Fort Hood have been subjected to this senseless, random violence. I know all Americans share this concern for the soldiers and their families who are affected by this tragedy,” the statement continued.

Robert Gates, the Defense Secretary, expressed his sympathy to those affected by the attack. “I can pledge that the Department of Defense will do everything in its power to help the Fort Hood community get through these difficult times,” he said in a statement.

Vice President Joe Biden also offered his condolences. “We are all praying for those who were wounded and hoping for their full and speedy recovery. Our thoughts and prayers are also with the entire Fort Hood community as they deal with this senseless tragedy,” he remarked.

“I was saddened to learn of the tragic incident at Fort Hood. Laura and I are keeping the victims and their families in our thoughts and prayers during this difficult time,” wrote former president George W. Bush in a statement from his office in Dallas.

The state’s governor, Rick Perry, ordered all flags in Texas to be flown at half-staff until Sunday. “[I am] keeping those affected by today’s incidents in our thoughts and prayers,” he said.

The junior senator from Texas, John Cornyn, also issued a statement. “My heart goes out to the victims of the tragedy that occurred today at Fort Hood, as well as their families. Fort Hood is one of our nation’s finest and largest military installations, and a place that has long been a source of pride for Texans, and for all Americans who value the selfless service and sacrifice of our men and women in uniform,” the statement read.

“It is imperative that we take the time to gather all the facts, as it would be irresponsible to be the source of rumors or inaccurate information regarding such a horrific event. Once we have ascertained all the facts, working with our military leaders and law enforcement officials on the ground, we can determine what exactly happened at Fort Hood today and how to prevent something like this from ever happening again.”

Retrieved from “https://en.wikinews.org/w/index.php?title=Thirteen_dead,_several_wounded_in_Fort_Hood,_Texas_shooting&oldid=3291956”

Today, almost all companies demand background checks for their employees. But the question is why background checks are needed for the employees? The answer is simple. It gives employers a clear picture of whom they are working with. It has been estimated that around 40% of the resume contains false information. So, a Employee Background Screening helps employers to ensure that the employee is what he is claiming. Moreover, background verifications don’t always mean authenticating major information, but it also mean verifying petty information about the employees. For example- if someone claims that he has done MBA finance or he has graduated from a particular college then a background check can put a tick mark on the said information. These kinds of checks are basically done prior to or during employment.

The Background Verification typically includes a simple verification of the employee’s social security number to a detailed checking. Furthermore, it can include work history, credit, driving records, criminal records, vehicle registration, court records, compensation, bankruptcy, medical records, references, property ownership, drug test results, military records, and sex offender information.

It can involve a character check which has become a vital aspect in today’s scenario. A character check can typically involve speaking with personal acquaintances, including friends and neighbors. The extensiveness of a background check depends on the employer, company, and the job involved.

There are certain things that cannot be involved in a background check such as bankruptcies after 10 years, civil suits, civil judgments and records of arrest after 7 years, paid tax liens after 7 years, and accounts placed for collection after 7 years. Employers can only look into certain records with employees’ consent.

These checks can also help employers get rid of liability issues. If an employee has behavior issues, then the employer can take necessary action against the employee if required. It can also help employers get rid of liability issues. If an employee has behavior issues, then the employer can take necessary action against the employee if required. Here we provide you all with a few tips as to how you can get your employment background verification right.

For most extreme wellbeing and safety, the organization should have a reliable and reasonable policy for verifications that verifies the background of every candidate irrespective of the position they are applying for. There should be no inclinations or loosening up the standards for any applicant and the verification process must be done without any partiality.

While it is essential to lead business check forms on all up-and-comers with no sort of discrimination, it is additionally critical to comprehend that one size doesn’t constantly fit all. Subsequently, it is foremost that work foundation confirmation bundles be custom-made to fit each activity position. The higher the hazard or the more significant the position, the more careful and stringent the personal investigation ought to be.

While searching for Background Screening Companies, look or agencies which have ISO mark. Having an ISO in your background verification companies in India means, they keep the quality and data security norms in leading representative screening administrations for your organization and in particular, agree to information security. In addition, pick sellers who have area aptitude in background confirmation alone, as opposed to the individuals who offer plenty of administrations without having some expertise in anything.

On the off chance that you discover anything in the business foundation check results that may influence the applicant’s capability for the activity position, try to make important move. Don’t simply direct record verifications only for it. Continuously finish relieving dangers for your company.

There are different laws for different kinds of verifications. For example, the Fair Credit Reporting Act (FCRA) can enable you to discover which background check administrations you can include with regard to data on an applicant’s credit. Choose the law according to the requirement and get your verification done in the right manner.

Whatever the consequence of your business check might be, consistently be straightforward about it with the candidates. You need to advise them about your discoveries, and if there is anything flawed, offer them a chance to clarify and legitimize themselves. One must guarantee that the foundation confirmation procedure is a success win for both the business and the worker and the experience is consistent for both the gatherings.

28
Apr

Canada’s Beaches—East York (Ward 32) city council candidates speak

   Posted by: Admin    in Uncategorized

This exclusive interview features first-hand journalism by a Wikinews reporter. See the collaboration page for more details.

Friday, November 3, 2006

On November 13, Torontonians will be heading to the polls to vote for their ward’s councillor and for mayor. Among Toronto’s ridings is Beaches—East York (Ward 32). Four candidates responded to Wikinews’ requests for an interview. This ward’s candidates include Donna Braniff, Alan Burke, Sandra Bussin (incumbent), William Gallos, John Greer, John Lewis, Erica Maier, Luca Mele, and Matt Williams.

For more information on the election, read Toronto municipal election, 2006.

Retrieved from “https://en.wikinews.org/w/index.php?title=Canada%27s_Beaches—East_York_(Ward_32)_city_council_candidates_speak&oldid=2584822”
28
Apr

Navy helping New Orleans pets

   Posted by: Admin    in Uncategorized

Saturday, September 17, 2005

The Spanish word “tortuga” means “turtle.” But in the wake of the New Orleans disaster, the USS Tortuga is helping other animals.

For nearly two weeks now, sailors from Tortuga’s repair division have devoted much of their time during this disaster relief operation to ensure the health and comfort of displaced pets.

September 4th, just after the ship moored to a pier at Naval Support Activity (NSA) New Orleans, HT1(SW) Mark Hanley and DC1(SW) Antony Graves gathered materials from the repair shop on board to construct a kennel along the levee. The facility they made soon became a popular shelter for the homeless animals of the storm.

Tortuga’s search and rescue team brought aboard more than 170 displaced citizens during this past week, providing them with food, water, medical aid and a place to sleep.

Tortuga’s makeshift kennel, named ‘Camp Milo & Otis,’ has housed as many as 90 dogs, eight cats, one rabbit, one guinea pig, a pair of parakeets and a flightless pigeon during the past week of operation.

Currently, there are 14 dogs that remain in Tortuga’s care, as many of the other pets have been taken to animal shelters in the area for extra medical attention, or been claimed by their owners upon arrival to Tortuga. The pets that Tortuga has registered have all been in the hands of professional veterinarians assigned to provide expert medical attention to the members of Camp Milo & Otis.

Dr. Kelly Crowdis and Dr. Latina Gambles, both from Tuskegee University and Christian Veterinary Missions, have treated many of the pets for infection, dehydration, malnourishment and broken bones at the Camp during the past week.

“The animals were bathed and assessed before physical interaction with the sailors,” said Dr. Crowdis. “They’ve been given immunizations, antibiotics and medications based on their medical needs.”

Dr. Crowdis added, “What these sailors have done on their own has been such a heart-warming thing. As an animal lover, it is so comforting to know that everyone cares about the animals in addition to the human lives rescued from the storm. I’m very pleased with these guys for taking the initiative to construct this kennel.”

Graves, Hanley and other members of their division have consistently bathed, fed, walked and given special attention to every dog, every day.

“We play with them,” said Hanley. “We take them out of their kennels to give them attention every day. And we’ll continue to do that for as long as our ship’s mission keeps us here.”

September 11th, the Agricultural Center at Louisiana State University donated supplies to “Camp Milo & Otis” in support of Tortuga’s efforts to help the animal victims.

”We got medical supplies, bowls, food, cages, leashes, collars, toys, cat litter and cleaning supplies from these people yesterday,” said Graves. “It’s nice to know that so many people out there have heard about what our ship is doing, and responded by donating so much to support us the best they can.”

A photo gallery of unclaimed pets is on the USS Tortuga’s web site.

As part of disaster plans, the Department of Homeland Security has also deployed Veterinary Medical Assistance Teams to provide medical care to pets and livestock, as well as provide any needed veterinary medical care for search and rescue dogs.

There are over 3,850 animals being sheltered around the state. If someone is looking for a pet they should contact their nearest Humane Society or go online to http://www.petfinder.org// . More information is also available at http://www.vetmed.lsu.edu//.

Retrieved from “https://en.wikinews.org/w/index.php?title=Navy_helping_New_Orleans_pets&oldid=2565505”
26
Apr

Australian National Archives release Loans Affair documents

   Posted by: Admin    in Uncategorized

Saturday, January 1, 2005

The National Archives of Australia have, as part of their standarddocument release cycle, released thirty year old documents from theWhitlam government.

The centre piece of the 1974 archives are a series of documents fromthe Australian Cabinet and the Treasury pertaining to the attempt toobtain a $US4 billion loan by the Whitlam government from the MiddleEast. The obtaining of these loans and the scandal generated becamecollectively known as the “Loans Affair,” and contributedsignificantly towards the dismissal of the Whitlam government by SirJohn Kerr the following year.

The documents from Treasury, which include descriptions of both theloan itself and the people involved in arranging them, are scathing.The “Points that might be made” document of December 13, 1974 clearlystates that Treasury believed the distinct possibility that the loansmight be part of “a confidence trick of major proportions”. Minutesfrom another meeting five days later state the “incredulity” on thepart of the Bank of England and the Federal Reserve Bank of New Yorkregarding the viability of the loan.

Those documents now available comprise the beginning of the LoansAffair, from the initial offers to the end of 1974. The remainder ofthe Loans Affair documents, as well as everything else from 1975 willbe released on January 1, 2006.

Retrieved from “https://en.wikinews.org/w/index.php?title=Australian_National_Archives_release_Loans_Affair_documents&oldid=2628188”
25
Apr

The Elements Of A Mortgage

   Posted by: Admin    in Online Gambling

By James Copper

Many first time home buyers have heard this word, but simply dont really know anything about it. The word is: mortgage. As a first time buyer, you really need to understand what a mortgage is before you can even attempt to buy a home. Far too many people lose their homes because they really dont understand what a mortgage is. Being too young, too immature, or too irresponsible can wreck havoc on your financial future if you try to take out a mortgage. Being ready and mature enough to handle a mortgage is a big deal and one that should not be taken lightly. Thus, it is vital to understand the elements of a mortgage before getting one for yourself.

A mortgage is composed of three basic parts, the sum, the interest, and the term. Sounds simple right Well it actually could not be any simpler than that. Let us dive a little deeper to see what each of these actually mean for you the buyer.

The sum of the loan is how much it is worth. This number can range greatly depending on the amount that you require. It is important not to go too high over the amount you will need for the home. Many mortgage brokers will help you determine the size that is needed in order for you to purchase the home without going too far over your budget.

[youtube]http://www.youtube.com/watch?v=OJl8IKrQBBQ[/youtube]

A mortgage is like any other loan you must make a monthly payment on the interest. This amount will be different depending on the lender you choose to go through. Be sure to shop around with different lenders to find out which offers the lowest interest rates to insure proper payment. If you do not make this monthly payment on time, it could result in loosing your home.

Every mortgage has an allotted amount of time in which you are to pay back the loan. This amount of time is referred to as a term. Typically loans are offered in two terms, 15-year and 30-year terms. If you choose a 30-year term, your monthly payments will be lower because you are paying the loan off over a longer period of time. A 15-year term would mean that you are making higher payments. It would seem that picking a 30-year term would be popular because you wouldnt have to pay that much monthly. While you are paying lower rates each month, you will be paying more interest throughout the life of the loan. The 15-year term will be a little easier in the long run because you are paying the interest and not building up any principal.

The most important tool to understanding how a mortgage will affect you is to have a good mortgage broker who is willing to explain things to you. Let them know whenever you have questions and never be afraid to ask anything that may seem simple. Aside from money issues, many people lose their homes due to the fact that they did not understand the mortgage and they never asked any questions to their mortgage broker.

About the Author: James Copper is a writer for any-loans.co.uk where you can find uk mortgages

Source: isnare.com

Permanent Link: isnare.com/?aid=196148&ca=Finances