DW – Perhaps the most recession-proof industry in the world has logged reduced revenues for 2011, according to an annual study. Arms sales dropped to $410 billion, slightly more than the GDP of Venezuela or Sweden. The Stockholm International Peace Research Institute (SIPRI) published its 2011 estimates for total arms sales by the top 100 weapons producers in the world on Monday, logging an inflation-adjusted drop of 5 percent in total revenues. Read Article
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