The latest data covering global arms sales shows that sale of arms in 2011 increased to around $85 billion, 84% of which went to developing countries. This was almost double the arms sales compared to 2010 which was the lowest since 2004.

One major factor for the increase was the US sales of arms to Saudi Arabia. Most other major arms sellers otherwise saw a decrease in sales and the trend in recent years had been declining sales.

The global financial crisis has affected many countries, and many developing countries started to see a decrease in purchases in the last few years. However, just 10 developing countries account for some 85% of all sales to developing countries in the period 2004 to 2011, which the data covers. Saudi Arabia tops that list followed by India and the United Arab Emirates. (As well as concerns about some of the regimes in the top buyers, some of this spending is also said to be due to modernizing efforts.)

Updated graphs and charts on arms sales data are provided here.

The arms trade is big business. The 5 permanent members of the UN Security Council (US, Russia, France, United Kingdom and China), together with Germany and Italy, account for approximately 85% of all arms sold between 2004 and 2011.

Some of the arms sold go to regimes where human rights violations will occur. Corruption often accompanies arms sales due to the large sums of money involved.

Read full article: The Arms Trade Is Big Business

In recent years, global military expenditure has increased again and is now comparable to Cold War levels. Recent data shows global spending at over $1.7 trillion, despite the global economic conditions. It is still approximately 1% increase since 2008 when the financial crisis began, for example.

Not all nations have felt the impacts of the global financial crisis in the same way. Some have grown economically, including many Asian countries, which has allowed some of them to increase their military spending. There are geopolitical interests at stake for various powers, so economic troubles or not, military spending is seen as important to maintain, or at least to minimize possible reductions.

The highest military spender is the US accounting for 39% of the world’s spending, more than the next top 10 countries combined, and more than all its potential enemies, combined. But this represents a slight decline over previous years as other nations, especially China and Russia, increase their spending. At the same time, the US has reduced military spending for operations in Iraq and Afghanistan, while Western Europe’s austerity programs affect their military spending budgets.

This update includes new and updated figures, graphs and charts exploring this further.

Read full article: World Military Spending

The OECD (Organisation for Economic Co-operation and Development) recently published new preliminary figures for aid in 2013.

It showed official development assistance (ODA) aid from wealthy governments had increased to just under $135 billion in 2013 (at constant 2012 prices). This is roughly 0.3% of GNI (Gross National Income) of the donor nations.

Yet, over 40 years ago nations promised to reach 0.7% of their GNI by the mid-1970s. While each year the amount of aid falls quite short of that 0.7% target (less than half of that target), the quality and effectiveness of that aid is often questionable, sometimes benefiting the donor more than the recipient due to the types of conditions attached to this aid.

This update includes a number of new and updated charts and graphs.

Read full article: Foreign Aid for Development Assistance

An overview of the Climate Change Conference (also known as COP 20), held in Lima, Peru in December 2014.

While it seemed like it was a successful meeting, because developing nations were committed to drawing up their own plans for emissions reductions for the first time, a number of important issues were left undecided such as how financing would work.

This page is an overview of the Lima Climate conference.

Read full article: COP20—Lima Climate Conference

Recently released data showed that 2014 was the hottest year since records began in 1880.

This update includes updated charts and graphs and animations that look into this further.

Read full article: Climate Change and Global Warming Introduction

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