‘Price gouging’ by defence companies

CBS 60 minutes programme reveals the extent of 'price gouging' by defence companies flush with "cash beyond their needs for operations or investment." They have tens of billions of excess cash from Pentagon business to hand out to shareholders. https://www.youtube.com/watch?v=LPvpqAaJjVU https://www.cbsnews.com/news/pentagon-budget-price-gouging-military-contractors-60-minutes-2023-05-21/

Reassessing SIPRI’s military expenditure estimate for the United Kingdom

https://www.sipri.org/commentary/topical-backgrounder/2021/reassessing-sipris-military-expenditure-estimate-united-kingdom In November 2020, in the midst of the ‘second wave’ of COVID-19 and despite a projected 10.4 per cent decrease in the United Kingdom’s gross domestic product in 2020, the British Government announced a £16.5 billion budget boost for ‘defence’. The realities of this announcement however remain unclear. The definition of what constitutes the UK’s total military … Continue reading Reassessing SIPRI’s military expenditure estimate for the United Kingdom

Walden Bello on the US-China strategic confrontation

Presentation at the AEPF Global Military Spending and Global In(security) Webinar, Dec 3, 2020 Walden Bello, Focus on the Global South https://www.facebook.com/walden.bello/posts/10158182198814332 There are great worries today that the conflict between China and the US will not stop at simply being a trade war, that it could at some point spill over into some form … Continue reading Walden Bello on the US-China strategic confrontation