Within the overall line of credit, there can be a sublimit for letters of credit. For example, an asset-based lender may grant a company an overall line of $16 million, which includes $2 million for letters of credit and $14 million for loans collateralized by the receivables and inventory.
The first nuclear weapon was created by the U.S. during the Second World War and was developed to be used against the Axis powers.Scientists of the Soviet Union were aware of the potential of nuclear weapons and had also been conducting research on the field.orbachev proposed a 50% reduction of nuclear weapons for both the U.S and Soviet Union at the meeting in Reykjavik, Iceland in October 1986. However, the proposal was refused due to disagreements over Reagan's SDI.
The Soviet Union were always catching up with the USA on the weapons that they had, until the end when they were either in the lead or were ahead of the USA. The arms race started with the USA detonating the first atomic bomb in 1945 on Hiroshima as a result of Japan bombing Pearl Harbour.