Search This Blog

Saturday, April 19, 2014

Baku’s Military Spending Surged 493% in 9 Years

Mi-35 HindAccording to a report a report released by a leading arms observation group on Monday, Azerbaijan is second in the ranking of nations with sharpest increase in military spending, registering a 493 percent increase from 2004 to 2014.

The Stockholm International Peace Research Institute said in its report that while countries like the United States are cutting military spending, a staggering number of countries around the world were doubling their military capabilities.

The report attributed Azerbaijan’s spike in military expenditures to the ongoing Nagorno-Karabakh conflict.

Read more
om

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.