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by Fran (fran at eurotrib dot com) on Tue Jun 9th, 2009 at 03:35:09 PM EST
Global weapons spending hits record levels | World news | guardian.co.uk
*US accounts for more than half total increase to $1.4tn

*China now second biggest spender in world league table

Worldwide spending on weapons has reached record levels amounting to well over $1tn last year, a leading research organisation reported today.

Global military expenditure has risen by 45% over the past decade to $1.46tn, according to the latest annual Yearbook on Armaments, Disarmament, and International Security published by the Stockholm International Peace Research Institute (Sipri).

Though the US accounts for more than half the total increase, China and Russia nearly tripled their military expenditure over the decade, with China now second only to the US in the military expenditure league table.

"China had both the largest absolute and the largest relative increase," says the Sipri report. The increase "has roughly paralleled its economic growth and is also linked to its major power aspirations," it adds.


by Fran (fran at eurotrib dot com) on Tue Jun 9th, 2009 at 03:37:52 PM EST
[ Parent ]
On the other hand, it's rumored that Thailand won't exercise its option on 6 more Gripen fighter jets. Still just a rumor though. Well, one must always look for the next deal:



Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Wed Jun 10th, 2009 at 03:18:34 PM EST
[ Parent ]
BBC NEWS | Africa | Shell settles Nigeria deaths case

Royal Dutch Shell has agreed a $15.5m (£9.7m) out-of-court settlement in a case accusing it of complicity in human rights abuses in Nigeria.

It was brought by relatives of nine anti-oil campaigners, including author Ken Saro-Wiwa, who were hanged in 1995 by Nigeria's then military rulers.

The oil giant strongly denies any wrongdoing and says the payment is part of a "process of reconciliation".

The case, initiated 13 years ago, had been due for trial in the US next week.

by Fran (fran at eurotrib dot com) on Tue Jun 9th, 2009 at 03:41:55 PM EST
[ Parent ]
Yes, but when will the blood money be paid. And given the profitability of those fields, this sum is just noise. It isn't punitive, it isn't even gonna give them pause, it's loose change they found under the sofa.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Tue Jun 9th, 2009 at 05:01:29 PM EST
[ Parent ]
Shell probably paid more to their lawyers.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Tue Jun 9th, 2009 at 11:29:31 PM EST
[ Parent ]
BBC NEWS | South Asia | Pakistan hotel shattered by blast

A huge blast has partially demolished a luxury hotel in the north-west Pakistani city of Peshawar, killing at least 11 people and injuring dozens.

Reports say gunmen stormed the outer security barrier at the Pearl Continental Hotel before blowing up a vehicle in the car park.

Scenes of panic ensued. Casualties are thought to include several foreigners.

A series of bombs have hit cities including Peshawar since a government crackdown on Taliban militants.

by Fran (fran at eurotrib dot com) on Tue Jun 9th, 2009 at 03:55:35 PM EST
[ Parent ]
Japan Times: Sea-zone ban fuels speculation of missile launch

North Korea has banned vessels from traveling in a designated area off its northeast shore between Wednesday and June 30, raising speculation that another missile launch is on the way, the Japan Coast Guard said Monday.

The designated area starts at the port of Wonsan, North Korea, and stretches approximately 263 km with a maximum width of 100 km. The coast guard said Pyongyang issued the radio warning Sunday.
by Sassafras on Tue Jun 9th, 2009 at 04:32:04 PM EST
[ Parent ]
Peled proposes Israeli sanctions on US | Jerusalem Post | 9.6.09
In a sign of growing concern in Prime Minister Binyamin Netanyahu's government over US President Barack Obama's Middle East policies, Minister-without-Portfolio Yossi Peled proposed Israeli sanctions on the US in a letter to cabinet ministers on Sunday.

[...]

But in the interim, the minister suggests reconsidering military and civilian purchases from the US, selling sensitive equipment that the Washington opposes distributing internationally, and allowing other countries that compete with the US to get involved with the peace process and be given a foothold for their military forces and intelligence agencies.

Peled said that shifting military acquisition to America's competition would make Israel less dependent on the US. For instance, he suggested buying planes from the France-based Airbus firm instead of the American Boeing.

In what may be his most controversial suggestion, Peled recommends intervening in American congressional races to weaken Obama and asking American Jewish donors not to contribute to Democratic congressional candidates. He predicted that this would result in Democratic candidates pressuring Obama to become more pro-Israel.

by gk (g k quattro due due sette "at" gmail.com) on Wed Jun 10th, 2009 at 02:23:08 AM EST
[ Parent ]
gk:
Peled said that shifting military acquisition to America's competition would make Israel less dependent on the US. For instance, he suggested buying planes from the France-based Airbus firm instead of the American Boeing.
ROFL

Israel - United States relations - Wikipedia, the free encyclopedia

In 2007, the United States increased its military aid to Israel by over 25% to an average of $3 billion per year for the following ten year period, while ending economic aid.
Israel is in no position to boycott the US over military expenditures... Where are the $3bn a year going to come from?

The brainless should not be in banking. — Willem Buiter
by Migeru (migeru at eurotrib dot com) on Wed Jun 10th, 2009 at 04:17:06 AM EST
[ Parent ]
that pesky "you have to buy U.S. products with U.S. aid" clause

Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Wed Jun 10th, 2009 at 04:20:22 AM EST
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"will you please accept these American weapons we offer you for free?"

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid (arvid.hallen at gmail.com) on Wed Jun 10th, 2009 at 03:22:54 PM EST
[ Parent ]
Palau to take Uighur detainees from Guantanamo Bay - Yahoo! News

WELLINGTON, New Zealand - The tropical Pacific island nation of Palau announced Wednesday it will accept up to 17 Chinese Muslims who have languished in legal limbo at Guantanamo Bay despite a Pentagon determination that they are not "enemy combatants."

China's Foreign Ministry had no immediate reaction to the decision by Palau to grant Washington's request to resettle the detainees from China's Uighur minority who had been incarcerated at the U.S. Navy base in Cuba. Palau is one of a handful of countries that does not recognize China and maintains diplomatic relations with Taiwan.

President Johnson Toribiong said Palau was accepting the detainees "as a humanitarian gesture" intended to help them restart their lives. His archipelago, with a population of about 20,000, will accept up to 17 of the detainees subject to periodic review, Toribiong said in a statement released to The Associated Press.



Truth unfolds in time through a communal process.
by marco (cowannar at gmail punkt com) on Wed Jun 10th, 2009 at 08:23:21 AM EST
[ Parent ]

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