Secretary-General Ban Ki-moon, who has relentlessly advocated drastic cuts in global military spending in favour of sustainable development, will be sorely disappointed by the latest findings in a report released Monday by the Stockholm International Peace Research Institute (SIPRI).
For the second year in a row, the world is spending a little less on the military. Asia, however, has failed to get the memo. The region is spending more at a time when many others are spending less.
The Middle East continues to be one of the world's most lucrative arms markets, with two Gulf nations - Saudi Arabia and the United Arab Emirates (UAE) - taking the lead, according to a new study released Monday by the Stockholm International Peace Research Institute (SIPRI).
Russia, which is at loggerheads with Washington over the spreading political crisis in Ukraine, is threatening to undermine a longstanding military relationship between the United States and one of its traditional allies in the Middle East: Egypt.
As U.N. peacekeeping operations assume a more agressive role in conflict zones, the first concrete results came last week when the armed forces of the Democratic Republic of Congo (DRC) defeated the M23 rebel group after a 20-month-long insurgency.
On Tuesday, the largest deregulation in the history of U.S. arms exports took place as part of the Barack Obama administration’s export reform initiative.
After an intense investigation of the military attack on civilians in Syria last month, a U.N. team of arms inspectors has reached a predictable conclusion: the deadly attack had all the trappings of the widespread use of chemical weapons.
When the 193-member U.N. General Assembly (UNGA) holds is first-ever high-level meeting on nuclear disarmament next September, there is little or no hope that any of the nuclear powers will make a firm commitment to gradually phase out or abandon their lethal arsenals.
When the United States invaded Iraq back in March 2003, one of its primary objectives was to track down and destroy weapons of mass destruction (WMDs) reportedly stockpiled by the regime of President Saddam Hussein.
The spreading economic crisis is taking a bite out of Western military spending - even as the world's developing nations, along with Russia and China, boosted their arms expenditures last year.
After ranking ahead of Japan as the world's second largest economy, China has reached another milestone: displacing the UK as the world's fifth largest arms supplier.