15 April - the day the world said No to Military Spending!

War Profiteers' New, No 38, April 2013

On 15 April there were more than 120 actions worldwide as part of the Global Day of Action on Military Spending, an initiative coordinated by the International Peace Bureau (IPB). The day of action coincided with the annual release of SIPRI's figures on military spending. According to SIPRI, in the last year there was a slight decrease (0.5%) of the world military expenditure. However, China - the second largest spender in 2012 - increased its expenditure by 7.8 per cent ($11.5 billion). Russia - the third largest spender - increased its expenditure by 16 per cent ($12.3 billion). Annual world military spending continues at around $1.5 trillion dollars. WRI released a statement in support of the day of action, and helped to coordinate and promote activities. You can read report from the various events on this site.

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