Worldwide $1 trillion spending spree on nuclear weapons amidst economic crises

Despite government budget pressures and international rhetoric about disarmament, the nuclear powers are expanding production of weapons of mass destruction.

Wiki Image

Richard Norton-Taylor
Guardian

The world’s nuclear powers are planning to spend hundreds of billions of pounds modernising and upgrading weapons warheads and delivery systems over the next decade, according to an authoritative report published on Monday.

Despite government budget pressures and international rhetoric about disarmament, evidence points to a new and dangerous “era of nuclear weapons”, the report for the British American Security Information Council (Basic) warns. It says the US will spend $700bn (£434bn) on the nuclear weapons industry over the next decade, while Russia will spend at least $70bn on delivery systems alone. Other countries including China, India, Israel, France and Pakistan are expected to devote formidable sums on tactical and strategic missile systems.

For several countries, including Russia, Pakistan, Israel and France, nuclear weapons are being assigned roles that go well beyond deterrence, says the report. In Russia and Pakistan, it warns, nuclear weapons are assigned “war-fighting roles in military planning”.

The report is the first in a series of papers for the Trident Commission, an independent cross-party initiative set up by Basic. Its leading members include former Conservative defence secretary Sir Malcolm Rifkind, former Liberal Democrat leader and defence spokesman Sir Menzies Campbell and former Labour defence secretary Lord Browne.

Read Full Article


Activist Post Daily Newsletter

Subscription is FREE and CONFIDENTIAL
Free Report: How To Survive The Job Automation Apocalypse with subscription

Be the first to comment on "Worldwide $1 trillion spending spree on nuclear weapons amidst economic crises"

Leave a comment

Your email address will not be published.


*