A tank moves along Red Square during a military parade: Russia spent nearly $72bn on arms in 2011. Photograph: Sergei Karpukhin/Reuters
Russia Overtakes UK And France In Global Arms Spending League Table -- The Guardian
Russia becomes third biggest spender after US and China as global spending on arms totals more than $1.7tn
Global spending on weapons totals more than $1.7tn (£1tn), and Russia has overtaken Britain and France to take third place in the world league table, according to the latest figures released by a leading research body on Tuesday.
While military expenditure fell last year in most western countries, including the US, which is facing serious budget deficits, Russia and China have continued to increase significantly their spending on weapons – by more than 9% and 6% respectively last year.
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