Global military spending soars 45% in 10 years

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World military spending grew 45% in the past decade, with the US accounting for nearly half of all expenditures. Military spending grew 6% last year alone. In 2007, $1,339 billion was spent on arms and other military expenditures, corresponding to 2.5% of the GDP, and $202 for each of the world's 6.6 billion people. The US spends by far the most towards military aims, dishing out $547 billion last year.

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OpedNews volunteer from 2005 to 2013.

Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.