UNITED NATIONS, Sep 11 (IPS) – The United Nations is surprised at the continued rise in global military spending – particularly at a time when the international community is grappling with a spreading financial crisis which threatens to undermine the poverty reduction goals of the world body.
“The world is over-armed and peace is under-funded,” says Secretary-General Ban Ki-moon, who points out that global military spending is estimated at over one trillion dollars – “and rising every day”.
Please read the full article on the IPS website:
http://www.ipsnews.net/news.asp?idnews=48409
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