LONDON (AP) -- The overall amount of money invested in soldiers, weapons and war has been largely unaffected by the global economic downturn, a think tank said in a report published Wednesday. The London-based International Institute for Strategic Studies said the total amount of money spent on world defense budgets rose from $1.3 trillion to $1.55 trillion between 2006 and 2008, and likely continued to climb further in 2009.
The London-based International Institute for Strategic Studies said the total amount of money spent on world defense budgets rose from $1.3 trillion to $1.55 trillion between 2006 and 2008, and likely continued to climb further in 2009.