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Tag "Stockholm International Peace Research Institute"

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Arms market shrinks as a result of economic crisis

According to the Stockholm International Peace Research Institute (SIPRI), sales of the 100 biggest arms dealers declined by 5%–the first drop registered since 1994. The figures exclude China due to lack of reliable data. Several factors have contributed to the

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How military spending has changed in the past decade

WORLDWIDE military spending was flat in 2011 compared with the year before, according to data released by the Stockholm International Peace Research Institute, a think-tank, but this masks some significant changes. America, Western Europe and Latin America, which between them make up

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