{"id":218061,"date":"2009-11-22T20:34:00","date_gmt":"2009-11-23T01:34:00","guid":{"rendered":"http:\/\/www.globalissues.org\/article\/74\/the-arms-trade-is-big-business?rssid=id2568956a"},"modified":"2009-11-22T20:34:00","modified_gmt":"2009-11-23T01:34:00","slug":"global-arms-sales-decreased-in-2008-compared-to-2007-but-was-still-high","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/218061","title":{"rendered":"Global Arms Sales Decreased in 2008 compared to 2007 but was still high"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" align=\"left\" alt=\"\" src=\"http:\/\/static.globalissues.org\/i\/military\/arms-trade.png\" width=\"126\" height=\"85\" class=\"img-left\"\/> The latest data covering global arms sales shows that sale of arms in 2008 decreased to around $55 billion, over 75% of which went to developing countries. This was down from a total of almost $60 billion the year before but was still the second highest amount in the 8 year period the data covers.<\/p>\n<p>While the global financial crisis has affected many countries, it seems like the decrease in arms purchases in 2008 occurred mostly in industrialized nations; developing nations saw a slight increase in purchases.<\/p>\n<p>Updated graphs and charts on arms sales data are provided here.<\/p>\n<p>The arms trade is big business. The 5 permanent members of the UN Security Council (US, Russia, France, United Kingdom and China), together with Germany and Italy, account for over 80% of the arms sold between 2001 and 2008.<\/p>\n<p>Some of the arms sold go to regimes where human rights violations will occur. Corruption often accompanies arms sales due to the large sums of money involved.<\/p>\n<p><a href=\"http:\/\/www.globalissues.org\/article\/74\/the-arms-trade-is-big-business\">Read full article: The Arms Trade Is Big Business<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest data covering global arms sales shows that sale of arms in 2008 decreased to around $55 billion, over 75% of which went to developing countries. This was down from a total of almost $60 billion the year before but was still the second highest amount in the 8 year period the data covers. [&hellip;]<\/p>\n","protected":false},"author":4083,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-218061","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/218061","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4083"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=218061"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/218061\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=218061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=218061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=218061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}