Russia overtakes UK and France in global arms spending league table

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Russia overtakes UK and France in global arms spending league table

Guardian – Global spending on weapons totals more than $1.7tn (£1tn), and Russia has overtaken Britain and France to take third place in the world league table, according to the latest figures released by a leading research body on Tuesday. While military expenditure fell last year in most western countries, including the US, which is facing serious budget deficits, Russia and China have continued to increase significantly their spending on weapons – by more than 9% and 6% respectively last year. Read Article

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