World Military Spending Was $1.6 Trillion In 2010

Global Military Spending Hits High But Growth Slows -- Yahoo News/Reuters

STOCKHOLM (Reuters) – Worldwide military spending edged up in 2010 to a record $1.6 trillion, a leading think-tank said on Monday.

Global spending rose 1.3 percent in real terms, a slowdown from 5.9 percent the year before as the economic downturn caused by the 2008 financial crisis hit military spending, the Stockholm International Peace Research Institute said.

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More News On World Military Spending

Global military spending growth slowest since 2001 -- AFP
Swedish Think-Tank: Global Arms Spending Slows -- NPR/AP
World military spending slows in 2010: Swedish researchers -- Xinhuanet
Global military spending growth slowest since 2001 -- Channel News Asia
World Military Spending Hits $16T Record High

More News On World Military Spending

Global military spending growth slowest since 2001 -- AFP
Swedish Think-Tank: Global Arms Spending Slows -- NPR/AP
World military spending slows in 2010: Swedish researchers -- Xinhuanet
Global military spending growth slowest since 2001 -- Channel News Asia
World Military Spending Hits $16T Record High -- Newser
Global military spending slowed in 2010; US still top spender -- M&C
THE DAILY CHART: Obama should take up budget arms -- Business Spectator

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