{"id":420797,"date":"2021-12-06T22:42:47","date_gmt":"2021-12-06T22:42:47","guid":{"rendered":"https:\/\/popularresistance.org\/?p=196688"},"modified":"2021-12-06T22:42:47","modified_gmt":"2021-12-06T22:42:47","slug":"governments-buy-more-weapons-in-first-year-of-covid-19","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2021\/12\/06\/governments-buy-more-weapons-in-first-year-of-covid-19\/","title":{"rendered":"Governments Buy More Weapons In First Year Of COVID-19"},"content":{"rendered":"<p>In 2020, when the global economy contracted over 3.1% due to the COVID-19 pandemic, global arms trade recorded an increase of 1.3%, as per latest data\u00a0released\u00a0by the Stockholm International Peace Research Institute (SIPRI) on Monday, December 6. The growth in arms trade, both domestic and international, reveals how governments worldwide chose to maintain or increase their spending on arms despite the economic hardships caused by the pandemic.\u00a0<\/p>\n<p>According to SIPRI, arms trade by the world\u2019s top 100 companies in the sector touched USD 531 billion in 2020, making it the sixth consecutive year of growth since 2015.<\/p>\n<p>According to Alexander Marksteiner, a researcher with SIPRI, the main reason for the growth in arms trade in spite of the global economic slump was \u201csustained government demand for military goods and services.\u201d<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/popularresistance.org\/governments-buy-more-weapons-in-first-year-of-covid-19\/\">Governments Buy More Weapons In First Year Of COVID-19<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/popularresistance.org\/\">PopularResistance.Org<\/a>.<\/p>\n\n<p class=\"syndicated-attribution\">This post was originally published on <a href=\"https:\/\/popularresistance.org\/governments-buy-more-weapons-in-first-year-of-covid-19\/\">PopularResistance.Org<\/a>. <\/p>","protected":false},"excerpt":{"rendered":"<p>In 2020, when the global economy contracted over 3.1% due to the COVID-19 pandemic, global arms trade recorded an increase of 1.3%, as per latest data\u00a0released\u00a0by the Stockholm International Peace Research Institute (SIPRI) on Monday, December 6. The g&#8230;<\/p>\n","protected":false},"author":1557,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[304,5722,36,6489,12353],"tags":[],"_links":{"self":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/420797"}],"collection":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/users\/1557"}],"replies":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/comments?post=420797"}],"version-history":[{"count":1,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/420797\/revisions"}],"predecessor-version":[{"id":420798,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/420797\/revisions\/420798"}],"wp:attachment":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/media?parent=420797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/categories?post=420797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/tags?post=420797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}