Sunday, January 01, 2017

WORLD_ U.S. Sold $40 Billion in Weapons in 2015, Topping Global Market

The New York Times

POLITICS

U.S. Sold $40 Billion in Weapons in 2015, Topping Global Market


By THOM SHANKER 
DEC. 26, 2016

WASHINGTON — The United States again ranked first in global weapons sales last year, signing deals for about $40 billion, or half of all agreements in the worldwide arms bazaar, and far ahead of France, the No. 2 weapons dealer with $15 billion in sales, according to a new congressional study.

Developing nations continued to be the largest buyers of arms in 2015, with Qatar signing deals for more than $17 billion in weapons last year, followed by Egypt, which agreed to buy almost $12 billion in arms, and Saudi Arabia, with over $8 billion in weapons purchases.

Although global tensions and terrorist threats have shown few signs of diminishing, the total size of the global arms trade dropped to around $80 billion in 2015 from the 2014 total of $89 billion, the study found. Developing nations bought $65 billion in weapons in 2015, substantially lower than the previous year’s total of $79 billion.

READ MORE: http://www.nytimes.com/2016/12/26/us/politics/united-states-global-weapons-sales.html?_r=0


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