Wednesday, August 31, 2005

Arms for the poor


"Military weapons sales worldwide jumped last year to the highest level since 2000, driven by arms deals with developing nations.... The US dominated, signing deals worth $US12.4 billion in 2004 - 33.5 per cent of the value of all deals worldwide but down from $US15.1 billion in 2003. The share of US arms contracts with developing nations was $6.9 billion in 2004, or 31.6 per cent of all such deals, up slightly from 2003's $US6.5 billion." http://www.smh.com.au/news/world/up-in-arms-india-helps-drive-global-weapons-trade-to-50-billion/2005/08/30/1125302565973.html

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