Socialist Worker

Slumps won’t stop arms industry’s dance of death

Issue No. 2139

The global recession has claimed millions of jobs – but the business of war has never had it so good.

This week Iraq announced it would spend a cool $5 billion buying US tanks and warplanes, while Israel has put in an order for 800 armoured personnel carriers at $3 million each.

One of Hillary Clinton’s first acts as US secretary of state was to visit Taiwan to firm up a massive arms deal. Russia has in turn secured a huge arms order from China.

Even a world sinking into economic slump won’t stop the weapons industry and its lucrative trade in death.

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What We Think
Tue 17 Feb 2009, 18:16 GMT
Issue No. 2139
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