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From an RGE newsletter:

  • Conflict in Georgia, deployment of missile defense shield may contribute to further acceleration in defense spending globally - especially in Eastern Europe.
  • SIPRI: global military spending rose to $1.33T in 2007, a real-terms increase of 6% over  2006 and of 45% since 1998. The U.S. accounts for 45% of the global total with the UK China, France and Japan each accounting for 4-5%.
  • The subregion with the highest increase in military expenditure from 1998-2007 was Eastern Europe, at 162%. Russia, with a 13% increase in 2007, accounted for 86% of this regional increase. Armenia, Azerbaijan and Georgia also sharply raised their military spending due to the region's three "frozen conflicts"


Der Amerikaner ist die Orchidee unter den Menschen
Volker Pispers
by Martin (weiser.mensch(at)googlemail.com) on Wed Sep 3rd, 2008 at 01:52:39 PM EST
Don't need to say a thing.



In the end, might makes right. Nothing has changed since the caveman.

by THE Twank (yatta blah blah @ blah.com) on Wed Sep 3rd, 2008 at 03:14:30 PM EST
[ Parent ]

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