The world spent less on weapons and military services in 2012 than the year before, the first annual drop since 1998, a Swedish think tank said on Monday. But despite the overall decrease, driven mainly by budget cuts in the […]
Post Tagged with: "military spending"
Military spending across South America has doubled in the past five years, although there is no noticeable arms race, a report published by a regional grouping said Friday. From 2006 to 2010, annual spending went from $17.6 billion to $33.2 […]
The International Institute for Strategic Studies (IISS) has released its annual series of reports on international defense spending, The Military Balance 2012. The full text is subscriber-only, but a summary press release, detailed table of contents, and a very useful […]
Stockholm: Global military expenditures soared to a record high last year, unscathed by the economic downturn, with the United States accounting for more than half of increase, a think tank said Wednesday. In 2009, 1,531 billion dollars (1,244 billion euros) […]
LONDON: Asian states led by China and India are surging ahead with military spending as they recover strongly from the global slowdown, while Europe and the US feel the pinch, a study said Wednesday. The US military remains “under severe […]
Taipei: Taiwan has scaled back its military budget for 2010, officials said Tuesday, amid generally warming ties with its former bitter rival China. Taiwan’s parliament, controlled by the Beijing-friendly Kuomintang party, rubber-stamped a budget of 297.4 billion Taiwan dollars (9.3 […]