Global arms trade soars in 2023 amid deadly conflicts ...Middle East

The top 100 global arms producers increased weapons and military-related sales by 4.3 percent last year, according to new research, as nations react to a more volatile and dangerous geopolitical environment sparked by wars in Europe and the Middle East. The Stockholm International Peace Research Institute (SIPRI) said in a Monday report that sales reached $632 billion in 2023 among the world's major arms producers. Those 100 companies have also increased their revenue by 19 percent between 2015 and 2023, researchers wrote. Lorenzo Scarazzato, a researcher at SIPRI, said "there was a marked rise in arms revenues in 2023 and this is likely to continue in 2024." "The arms revenues

Hence then, the article about global arms trade soars in 2023 amid deadly conflicts was published today ( Monday 02/12/2024 - 11:29 PM ) and is available on The Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Global arms trade soars in 2023 amid deadly conflicts )

Also on site :

• Adidas' 'Sporty and Cute' Crossbody Bag Comes With a Mini Pouch, and It’s on Sale for Just $32
• Vector Science & Therapeutics Builds 15-Patent-Application Intellectual Property Portfolio Around Precision Therapeutic Delivery, Anchored by Peptide and Biologic Administration Technologies
• Israel demolishes factory and agricultural structures, bulldozes land west of Hebron, establishes settlement homes in Tel Tarousa