New data from the Stockholm International Peace Research Institute shows a 1.9% increase in sales by the world’s top 100 arms and military service companies. The US continues to dominate arms sales, accounting for over 50% of the global total in 2021
The sale of air-to-air missiles to Saudi Arabia will mark a U-turn in US president Joe Biden’s foreign policy declared in the first week of February. At that point, he had promised to end the US role in the war in Yemen and the sale of all offensive weapons to Saudi Arabia
US sanctions against Russia and China have helped maintain its hegemony in the global arms trade with 12 of its companies featuring in the world’s top 25 arms producing and military service providers
The announcement of sanctions comes in response to arms deals signed by Taiwan and the US worth billions of dollars. Boeing, Lockheed Martin, Raytheon and Space & Security will be among the companies to be sanctioned
Why the Bouficha Appeal stands for the aspirations of people who want an end to militarized violence on earth.