Arab Today, arab today sipriworld spends less on military
Last Updated : GMT 06:04:40
Arab Today, arab today
Arab Today, arab today

SIPRI: World spends less on military

Arab Today, arab today

Arab Today, arab today SIPRI:  World spends less on military

Stockholm - AFP

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 Western countries, China and Russia both boosted spending last year, the Stockholm International Peace Research Institute (SIPRI) said. \"We are seeing what may be the beginning of a shift in the balance of world military spending from the rich Western countries to emerging regions,\" said Sam Perlo-Freeman, director of SIPRI\'s Military Expenditure and Arms Production Programme. \"Austerity policies and the drawdown in Afghanistan reduce spending in the former, while economic growth funds continuing increases elsewhere.\" Excluding inflation, world military expenditure fell 0.5 percent to $1.75 trillion (1.33 trillion euros) in 2012 from 2011, according to SIPRI\'s data. However, emerging power China increased its spending by 7.8 percent, while Russia\'s spending was up by 16 percent.In traditional high-tension regions, spending also increased, with the Middle East seeing a rise of 8.4 percent last year. Asia, which has seen growing friction in areas such as the South China Sea, also recorded an overall rise in spending of 3.3 percent last year. US military spending last year dropped by six percent, falling below 40 percent of the global total for the first time since the collapse of the Soviet Union. The US decrease was mainly a result of reduced war spending, SIPRI said, adding that it expected the trend to continue in 2013. \"All the indications are that world military spending is likely to keep falling for the next two to three years -- at least until NATO completes its withdrawal from Afghanistan at the end of 2014,\" said Perlo-Freeman. \"However, spending in emerging regions will probably go on rising, so the world total will probably bottom out after that.\" Despite the new trends, at $682 billion (520 billion euro), US military spending is still more than four times larger than that of number two in the list, China, estimated by SIPRI at $166 billion (127 billion euro). \"The USA and its allies are still responsible for the great majority of world military spending. The NATO members together spent a trillion dollars,\" said Perlo-Freeman.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sipriworld spends less on military Arab Today, arab today sipriworld spends less on military

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sipriworld spends less on military Arab Today, arab today sipriworld spends less on military

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Italy regions back 'big bang' autonomy

GMT 07:10 2017 Monday ,23 October

Italy regions back 'big bang' autonomy
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Iraq's Barzani isolated by his drive

GMT 04:36 2017 Tuesday ,24 October

Iraq's Barzani isolated by his drive
Arab Today, arab today Maltese demand justice for murdered

GMT 06:08 2017 Monday ,23 October

Maltese demand justice for murdered
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Lost Australia diver swam miles

GMT 19:09 2017 Monday ,23 October

Lost Australia diver swam miles
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU targets German carmakers

GMT 05:41 2017 Tuesday ,24 October

EU targets German carmakers
Arab Today, arab today Tesla to build wholly-owned plant

GMT 07:55 2017 Monday ,23 October

Tesla to build wholly-owned plant
Arab Today, arab today Rogina happy for reactions to “The Flood”

GMT 09:30 2017 Friday ,20 October

Rogina happy for reactions to “The Flood”
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:07 2017 Sunday ,22 October

15,000 Under Fives Die

GMT 12:54 2017 Saturday ,21 October

Malaysia Airlines picks new CEO

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 05:54 2017 Tuesday ,24 October

Second Palestinian mobile provider enters Gaza

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday