World’s nuclear powers to splurge on nuclear weapons
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Nuclear powers to boost spending, November 1, 2011, SMH, THE world’s nuclear powers are planning to spend hundreds of billions of dollars modernising and upgrading weapons warheads and delivery systems over the next decade, according to an authoritative report.
Despite government budget pressures and international rhetoric about disarmament, evidence points to a new and dangerous ”era of nuclear weapons”, the report for the British American Security Information Council warns.
It says the US will spend $700 billion ($A653 billion) on the nuclear weapons industry over the next decade, while Russia will spend at least $70 billion on delivery systems alone. Other countries, including China, India, Israel, France and Pakistan, are expected to devote formidable sums on tactical and strategic missile systems.
The report is the first in a series of papers for the Trident Commission, an independent cross-party initiative set up by the council. Pakistan and India, it warns, appear to be seeking smaller, lighter nuclear warheads so they have a greater range or can be deployed over shorter distances for tactical or ”non-strategic” roles….http://www.smh.com.au/world/nuclear-powers-to-boost-spending-20111031-1ms18.html#ixzz1cUhuaHky
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