Global spending on nuclear weapons up 13% in record rise

States are on course to spend $100bn a year, driven by a sharp increase in US defence budgetsGlobal spending on nuclear weapons is estimated to have increased by 13% to a record $91.4bn during 2023, according to calculations from the International Campaign to Abolish Nuclear Weapons (Ican) pressure group.The new total, which is up $10.7bn from the previous year, is driven largely by sharply increased defence budgets in the US, at a time of wider geopolitical uncertainty caused by Russia’s invasion of Ukraine and the Israel-Hamas war. Continue reading...

Jun 17, 2024 - 10:30
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Global spending on nuclear weapons up 13% in record rise

States are on course to spend $100bn a year, driven by a sharp increase in US defence budgets

Global spending on nuclear weapons is estimated to have increased by 13% to a record $91.4bn during 2023, according to calculations from the International Campaign to Abolish Nuclear Weapons (Ican) pressure group.

The new total, which is up $10.7bn from the previous year, is driven largely by sharply increased defence budgets in the US, at a time of wider geopolitical uncertainty caused by Russia’s invasion of Ukraine and the Israel-Hamas war. Continue reading...

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