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April 19th, 2012 
FAKE NEWS for the Zionist agenda Previous Post: Asian Arms Race: India delays test launch of Agni-V long-range missile nbsp
Asian Arms Race: China arms spending soars, EU cuts back
UPI – Figures released Tuesday by Stockholm International Peace Research Institute indicate U.S. military spending dwarfs that of European Union countries. Last year, the United States spent $711 billion on armed forces. In the same year, the EU as a whole, along with China and Russia, spent a combined $496 billion. The figures have shown a steady decline in EU military spending since 2008. By contrast, U.S. military spending has steadily climbed in the last four years, EUobserver reported. Read Article
Tags: Asia, military, North America
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