Tag: arms race

arms race
Monday, February 21st 2011 - 15:11 UTC

The world’s T100 arms producing companies skipped recession in 2009

US government spending on military goods and services is a key factor in arms sales increase

Despite the continuing global economic recession in 2009, the total arms sales of the SIPRI Top 100 of the world’s largest arms-producing companies increased by 14.8 billion USD from 2008 to reach 401 billion USD, a real increase of 8%, according to new data on international arms production released by Stockholm International Peace Research Institute (SIPRI).

Tuesday, May 11th 2010 - 23:59 UTC

Chile Denies “Arms Race”; Praises Homologation Process with Argentina

Alfredo Moreno, sees good relations with Bolivia and Peru

Chilean Foreign Affairs Minister Alfredo Moreno Charme said he does not see an “arms race” in the continent and suggested following the Argentine–Chilean experience of “homologating military expenditure”.

Monday, May 10th 2010 - 03:39 UTC

UNASUR Agrees to Boost Defense Expenditure Transparency

Military display in the past was usually more than dissuasion

The Union of South American Nations (UNASUR) agreed over the week end to boost defence expending transparency to ensure regional stability which, according to Venezuela, Bolivia and Ecuador is threatened by a controversial military agreement between United States and Colombia.

Saturday, May 1st 2010 - 01:23 UTC

Peru to Question Chile’s “Arms Build-Up” in the EU/Latam Madrid Summit

Foreign Affairs minister José Antonio García Belaunde

The Peruvian government’s claim that Chile is undergoing a tremendous arms build-up has once again come to the forefront of Latin American international relations.


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