Nuclear arms spending soars as global tensions swell—studies

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Nuclear arms spending soars as global tensions swell—studies
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Geneva, Switzerland—Nuclear-armed countries hiked spending on atomic weapons arsenals by a third in the past five years as they modernized their stockpiles amid growing geopolitical tensions, two reports showed on Monday.

“I think it is fair to say there is a nuclear arms race under way,” ICAN chief Melissa Parke told Agence France Presse . But while some of that included older warheads scheduled to be dismantled, it said 9,585 were in stockpiles for potential use—nine more than a year earlier.Nearly all of those were held by the United States and Russia, but China was for the first time believed to also have some warheads on high operational alert, SIPRI said.

Spending for 2023 by the nuclear-armed states—which also include France, India, Israel, Pakistan and North Korea—jumped more than 33 percent from the $68.2 billion spent in 2018, when ICAN first began collecting this data, it said.

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