STOCKHOLM – US spending in Iraq and Afghanistan is expected to help push global military expenditure further up in 2006 after hitting US$1.12 ($1.81) trillion a year earlier, a research body said.

The Stockholm International Peace Research Institute (SIPRI) said in its latest yearbook that the United States was behind 48 per cent of total world arms spending in 2005 and had accounted for most of the year’s 3.5 per cent overall gain.
nzherald.co.nz

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