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Global arms sales fall due to crisis, NGO says

18.02.13 @ 09:48

  1. By EUOBSERVER

Global sales of weapons and military services fell by 5% to $410 billion in 2011, according to Swedish NGO Sipri, which linked the development to austerity programmes and to the US draw-down in Iraq and Afghanistan. Thirty EU firms made the top 100, accounting for 29 percent of total sales.

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