Global arms sales rise for first time in five years
Arms sales rebounded in 2016, in a context of smoldering political tensions and conflicts, from eastern Ukraine to Syria, Libya and Iraq. The world’s biggest defense companies saw their revenue rise to $374.8 billion (317 billion euros), a 1.9 percent increase year-on-year, the Swedish peace research institute (SIPRI) said in a new report published on Monday.…
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