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Searched Tag: sipri
SIPRI warns of global nuclear arms race in days to come

SIPRI warns of global nuclear arms race in days to come

June 17, 2025, 02:19 PM - 4 min read

Russia and the US, which maintain and possess around 90 per cent of all nuclear weapons in the world, are set to review the last remaining bilateral nuclear arms control treaty — the New START — which expires in February 2026, SIPRI noted.

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War-driven arms sales hit $632 bn in 2023, SIPRI reports

December 2, 2024, 11:52 AM - 2 min read

A report by SIPRI reveals that global arms sales reached $632 billion in 2023, driven by ongoing conflicts in Ukraine, Gaza, and rising tensions in East Asia. Russian and Middle Eastern arms manufacturers saw significant sales boosts amidst these crises.

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