Nations to Spend $1 Trillion on Nukes, Group Says
June 22, 2011 Monday, June 20, 2011
http://www.globalsecuritynewswire.org/gsn/nw_20110620_9581.php
The planet's nine nuclear weapons states are anticipated in the next 10 years to expend $1 trillion on acquiring and updating their systems, a prominent nuclear disarmament organization said (see GSN, June 7).
The group Global Zero -- whose goal is total nuclear disarmament no later than 2030 -- calculated the nuclear weapons expenditure figures for China, France, India, Israel, North Korea, Pakistan, Russia, the United Kingdom and the United States, the Financial Times reported. The organization is seeking to bring attention to the high price countries pay for their nuclear arsenals in a time of increasing government budget restraints.
Nuclear costs among the nine nations this year are estimated at $100 billion, with similar annual numbers anticipated throughout the decade, according to Global Zero.
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