Photo Credit: Thinkstock
4 Out Of 5 Fastest-Growing Defense Budgets Are In Mideast -- Jerusalem Post
Saudi Arabia is number one, tripling its budget in last 10 years; Israel's defense budget ranks 19th in the world.
The countries with four of the five fastest-growing defense budgets are in the Middle East, with Saudi Arabia leading, ranked 9th in the world, according to a new report by the London intelligence and defense consultancy IHS Janes.
“We have seen substantial increases in defense spending from countries like Russia, China, India, Saudi Arabia, and Oman over the past two years,” said Paul Burton, director of IHS Jane’s Aerospace, Defense & Security.
“With military budgets among many of the major NATO nations due to continue to contract over the next 12 months, the center of gravity of defense expenditure is expected to continue to shift south and east in 2014, following the trend of global economic expansion,” he said, pointing out that “Russia, Asia, and the Middle East will provide the impetus behind the growth in global military spending expected this year.”
Read more ....
My Comment: And if trends continue .... the fastest growing budgets in the world will continue to be in the Middle East.
This is where hyping a non-existent Iran threat pays off big time for western arms sales, particularly from the US.
ReplyDelete
ReplyDeleteThe US-Israel technology is making a killing in Sales. Existential Obsession works great on circumcised men who have no feedback loop cognitive capabilities.
Now you understand the synchronicity between Jews and Muslims as Theocracy?
Now you understand WHY some european countries are trying to ban circumcision and delink from this dyadic dyslexic bipolar dialectic duality of existential recidivism?