It's often said that war is good for business. Conflicts drive up demand for weapons, defence equipment and soldiers. It appears last year was a bumper year. The Stockholm International Peace Research Institute says global military spending grew to nearly two trillion dollars, a 3.6 percent increase on 2018 and the highest level rise in 10 years. Five countries - the US, China, India, Russia and Saudi Arabia - account for more than 60 percent of the expenditure. Will the upward trend continue as the coronavirus pandemic devastates the world's economies? Presneter: Bernard Smith Guests: Pieter Wezeman - Senior Researcher of the Arms and Military Expenditure Programme at the Stockholm International Peace Research Institute Adam Ni - Director of the Australia-based China Policy Centre Andrew Smith - Spokesman for the Campaign Against Arms Trade - Subscribe to our channel: aje.io/AJSubscribe - Follow us on Twitter: twitter.com/AJEnglish - Find us on Facebook: www.facebook.com/aljazeera - Check our website: www.aljazeera.com/ #AlJazeeraEnglish #InsideStory #MilitarySpending

Be the first to comment