Tag Archives: world military expenditure

International arms transfers

SIPRI conducts research on arms transfers to or from particular regions, sub-regions, states or non-state actors aimed at both increasing the fundamental understanding of the impact of arms transfers and to support policymaking and policy implementation.

An important aim of SIPRI’s research is to contribute to greater transparency as a means of ensuring responsible international arms transfers, thereby helping to prevent violent conflict, alleviate tensions, warn about potentially destabilizing arms accumulations and counter the misallocation of limited resources. We investigate international arms transfers in relation to international security and national foreign and defence policies; inter-state relations; states’ compliance with international commitments such as arms embargoes or the Arms Trade Treaty and national legislation on international arms transfers; and we assess arms procurement against declared defence and security policies.

USA | US Defense Budget Not That Much Bigger Than China, Russia: Gen. Milley

“I’ve seen comparative numbers of US defense budget versus China, US defense budget versus Russia,” Gen. Milley said. “What is not often commented on is the cost of labor. We’re the best paid military in the world by a long shot. The cost of Russian soldiers or Chinese soldiers is a tiny fraction.”

Sweden | Global military spending remains high at $1.7 trillion

Total world military expenditure rose to $1739 billion in 2017, a marginal increase of 1.1 per cent in real terms from 2016, according to new figures from the Stockholm International Peace Research Institute (SIPRI). China’s military expenditure rose again in 2017, continuing an upward trend in spending that has lasted for more than two decades. Russia’s military spending fell for the first time since 1998, while spending by the United States remained constant for the second successive year. The comprehensive annual update of the SIPRI Military Expenditure Database is accessible from today at www.sipri.org.

USA | Turning the U.S. into a failed state……

Increased military spending
More tax cuts for the rich
Expanding US military bases around the world
Empire grows abroad
and collapses at home

800 million jobs
will be
lost by 2030
due to robots

USA | Defense Stocks Soar on News of Trump Victory

In early trading, the new commander in chief’s promises to rebuild the American military are helping defense stocks buck the wider market plunge.