Is the Grimmett report true about the arms trade?

Also, as authoritative as the Grimmett report may be, it does not include clandestine arms transfers (that must be a lot harder to know, calculate and estimate). So the numbers are likely to be an understatement.

Who are the major buyers of arms in the world?

Despite the global economic climate, major purchases continue to be made by a select few developing nations in these regions, principally India in Asia, and Saudi Arabia in the Middle East. Saudi Arabia and India’s large spending reflects their modernization efforts since the 1990s.

How much does the US spend on arms each year?

As summarized from the Military Balance, 2000/2001, by the International Institute for Strategic Studies (October 2001), for the larger arms-purchasing nations each year: Arms procurement is normally 20-30% of their military budgets The main portion is usually on operations, maintenance and personnel

When was the last report on arms transfers?

Every year, the U.S. Congressional Research Service releases an authoritative report looking at arms transfers to the developing world. The latest report (as of writing), released August 24, 2012, is titled Conventional Arms Transfers to Developing Nations, 2003-2011 .

What’s the difference between a 7 year arm and a 30 year arm?

While the 7/6 ARM will be readjusted to a higher or lower amount, a 30-year fixed mortgage guarantees a set-in-stone interest rate throughout the full term of the loan. 7-Year ARM Rates vs. 15-year fixed mortgage rates

When did the CMT arm index come out?

Mortgage-X.com compiles historical values for the indexes which are the most widely used on adjustable rate mortgages (ARMs). Data are available beginning from January, 1990.

What’s the interest rate on a 7 year arm?

In recent years, a popular adjustable rate mortgage option has been a 7/6 ARM. As more lenders move away from LIBOR as a way of standardizing interest rates, 7/6 ARMs have become more widely available. With a 7/6 ARM, you’ll still have a fixed interest rate for the first seven years of the loan.

What was the most important thing that happened in 2007?

Since such public displays of affection are considered obscene in the land of India, Gere was issued an arrest warrant for his crime. To avoid the charge and jail time, he fled the country immediately. After being founded just 2 years earlier, YouTube started to get some serious attention in 2007.