Tag Archives: Richard Grimmett

Global recession hits arms sales

The global economic downturn that hit in 2008 has led to a drop in the value of worldwide arms sales, the U.S. Congressional Research Service has reported (Thom Shanker, “Bad Economy Drives Down American Arms Sales,” New York Times, 12 September 2010). Conventional Arms Transfers to Developing Nations, 2002-2009 reports that the value of new […]