“US arms transfers to other countries nearly tripled last year to $66.3 billion, giving America a market share of nearly 80 percent. The Congressional Research Service said the US figure for 2011 was the largest for a single year in the history of the arms export program. While huge, the number may be something of a one off, as it includes a huge one-off deal with Saudi Arabia to the tune of $29.4 billion. Despite a sluggish world economy, global arms sales nearly doubled in 2011 to $85.3 billion, the report said.”
http://www.rawstory.com/rs/2012/08/28/u-s-arms-sales-nearly-triple-in-2011-researchers-say/
Related posts:
U.S. bill would deny visas to known hackers
Minnesota farmer cleared by jury in raw milk case
Connecticut health officials bully barber giving free haircuts to the homeless
Number of Chinese Billionaires Skyrockets
Feds May Require Cars to 'Talk' to Each Other
Father Spends 11 Months In Jail, Sues LAPD for Murder Framing
European Central Bank sued by 200 investors over Greek debt deal
Revelations of N.S.A. Spying Cost U.S. Tech Companies
These Vehicles Are Tons of Fun, and Good for Thwarting Road Rage
Reuters: U.S. cyberwar strategy stokes fear of blowback
North Korea grants rare citizenship to American businessman
Colorado Sheriff: 'Should Be Able To Fire Representatives Who Ignore Constituents'
Pizza delivery man facing deportation after delivering to military base
Bangalore to host India's first Bitcoin conference
New evidence gold on Earth created by ancient collision of dead stars in outer space