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The Military Industrial Complex
April 15, 2014
Global military spending drops, led by US: SIPRI
Stockholm (AFP) April 14, 2014
World military expenditure fell in 2013 as the United States and other Western countries cut back, but spending in emerging economies grew, a Swedish think tank said on Monday. The 1.9 percent global decline followed a 0.4 percent drop in 2012, the Stockholm International Peace Research Institute (SIPRI) said. "The increase in military spending in emerging and developing countries continues unabated," said Sam Perlo-Freeman, director of SIPRI's Military Expenditure Programme. "While in some ... read more

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British defence minister Philip Hammond held talks in Riyadh Tuesday, just weeks after BAE Systems announced an agreement with Saudi authorities on the spiralling costs of a multi-billion-dollar fighter deal. ... more
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Russia slams Germany for halting arms deal over Crimea
Russia's Deputy Defence Minister Anatoly Antonov on Sunday said Germany's decision to halt a major arms deal over Moscow's takeover of Crimea was "unconstructive" and taken under pressure from the United States. ... more
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Japan draws up overhaul of arms-export ban
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Pentagon proposes to shrink US Army to pre-WWII level
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