More than 75 percent of the legitimate international weapons trade came from U.S. military sales, largely to Persian Gulf allies, a report says. The Congressional Research Service said more than 75 percent of the weapons traded, or around $66.3 billion, came from sales by the U.S. government, a review of government records from The New York Times reports. U.S. weapons sales in 2010 were reported at $21.4 billion. Russian arms sales last year came in second at $4.8 billion. U.S. military assets have been positioned in the Persian Gulf to protect shipping lanes in the Strait of Hormuz, a key conduit for oil transits from the region. Patrick Ventrell, a spokesman for the U.S. State Department, had said the missile threat to U.S. forces deployed overseas was growing. \"The U.S. will continue to work with our partners in the Middle East to strengthen missile defense in the Persian Gulf,\" he said during a recent press briefing. U.S. Defense Department documents reviewed recently by Times indicate there are plans to send $4.2 billion in advanced missile systems to Kuwait. The United Arab Emirates was the recipient of more than $12 billion in U.S. missile defense programs during the past four years.
GMT 09:43 2018 Tuesday ,23 January
Global unemployment down but working poverty rampantGMT 15:13 2018 Sunday ,21 January
All you need to know about Davos 2018GMT 22:33 2018 Saturday ,20 January
Calls for action over dirty money flowingGMT 04:42 2018 Saturday ,20 January
Storm caused 90 mn euros in damage: Dutch insurersGMT 07:06 2018 Friday ,19 January
China economy rebounds in 2017 with 6.9% growthGMT 11:35 2018 Thursday ,18 January
'Massive' infrastructure spending needed in AfricaGMT 14:29 2018 Wednesday ,17 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 18:55 2018 Tuesday ,16 January
London stock market edges to new high

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor