By Thalif Deen
UNITED NATIONS (IDN) — As the global economy came to a virtual standstill during the height of the 2020-2021 Covid-19 pandemic, the world’s arms trade remained relatively unscathed.
Sales of arms and military services by the 100 largest companies in the industry reached $592 billion in 2021, a 1.9 per cent increase compared with 2020 in real terms, according to new data released December 5, by the Stockholm International Peace Research Institute (SIPRI).