Wednesday, June 13, 2007

China Moves Up the Weapons Spending Ladder

by Patrick Goodenough from CNSNews

Another noteworthy development reported by the Sweden-based Stockholm International Peace Research Institute (Sipri) was the $29 billion spent by Saudi Arabia - up from $25bn in 2005 and $13bn in 1996. The Wahhabi-ruled kingdom is now the ninth biggest arms spender in the world, and the biggest in the Middle East. Elsewhere in that region, Israel spent $11.3bn and Iran $9.8bn in 2006.

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