Breaking News

Russia becomes world's third largest defense spender

18.04.2012  |  13:33

The Russian Federation is ranked third in the world in terms of the spending on the army. The Russian Federation increased the spending on the army by more than nine percent in 2011. Russia's army spending thus totaled $72 billion. The amount put Russia ahead of France ($62.7 billion) and Britain ($62.5 billion)

The Russian Federation is ranked third in the world in terms of the spending on the army. This was stated at SIPRI's report about the spending of world's leading economies on arms procurement. According to SIPRI's experts (The Stockholm International Peace Research Institute), the Russian Federation increased the spending on the army by more than nine percent in 2011. Russia's army spending thus totaled $72 billion. The amount put Russia ahead of France ($62.7 billion) and Britain ($62.5 billion), Rosbalt reports. China comes second on the list with $143 billion, whereas the first place belongs to the United States - $711 billion. Unlike Russia and China, the previous six leaders cut their arms procurement spending to save budget funds, the Vedomosti wrote.

In 2010, the list of six leaders included Brazil, France, Germany, India, Britain and the USA. In 2011, Russia and China made France and Britain move. China's defense spending increased by 6.7 percent. "China's extensive and growing trade relations with the countries in its neighbourhood have been marred by disputes - eg the border dispute with India, a dispute over the Senkaku (Diaoyu) islands with Japan, and contested maritime borders with several nations in the South China Sea - all of which have led to increased tensions," the report said. The top ten list also increased Japan ($59.3 bn), India ($48.9 bn), Saudi Arabia ($48.5 bn), Germany ($46.7 bn) and Brazil ($35.4 bn). The global defense spending made up $1.7 trillion in 2011, SIPRI said.  .

inside_article


Print versionPrint version

Articles
Depopulation: Plastics chemicals are reducing women s sex drives and men s sperm counts Depopulation: Plastics chemicals are reducing women's sex drives and men's sperm counts
New research out of the University of Rochester in New York has found that the plastics chemicals lurking in furniture, food packaging and many other consumer products are directly linked to decreased...
Ginger tea shown to naturally kill cancer, dissolve kidney stones, improve liver health and more Ginger tea shown to naturally kill cancer, dissolve kidney stones, improve liver health and more
Ginger is another example of a 'superfood' that has been prized for thousands of years for its amazing health benefits, and which is now being scientifically proven to have more beneficial properties than...
The IMF Just Entered The Cold War – Forgives Ukraine’s Debt To Russia The IMF Just Entered The Cold War – Forgives Ukraine’s Debt To Russia
Since 1947 when it really started operations, the World Bank has acted as a branch of the U.S. Defense Department, from its first major chairman John J. McCloy through Robert McNamara to Robert Zoellick...
Right Now There Are 102.6 Million Working Age Americans That Do Not Have A Job NATO Prepares to Send Troops to Protect Turkey from Russian “Threats” The Real Reasons Saudi Arabia Hates Iran McCain wants to shoot down Russian planes attacking Islamists
It’s Official – UK Admits “Human Rights” No Longer a Priority of British Foreign Policy It’s Official – UK Admits “Human Rights” No Longer a Priority of British Foreign Policy
Not that they ever were, but they’ve finally decided to be honest about it. Which to be honest, is pretty scary.
Over Half of E.U. Countries Are Opting Out of GMOs Over Half of E.U. Countries Are Opting Out of GMOs
Sixteen countries have alerted the European Union that they want to opt out of E.U.-approved GM crops.
Proxy Wars: U.S. to arm Kurdish and Arab fighters in Syria Proxy Wars: U.S. to arm Kurdish and Arab fighters in Syria
President Obama has decided not to directly confront Russia over its new air offensive in Syria, believing that President Vladi­mir Putin will soon find himself in a Syrian “quagmire,” but he has approved...
Oregon Shooter's Links To Military Cops Rupture Handcuffed Man’s Spleen, Laugh at Him, Take Pics as He Lay Dying and Begging U.S. Politicians Are Asked About Saudi Atrocities... Here's What Happened Next AMERICAN jihadi is 'top ISIS commander': Yazidi slave reveals that she was beaten and held captive by US citizen who directs attacks and keeps vial of poison to kill himself if he is caught