Western arms sales

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  • Arms industry thrives despite pandemic 2021-12-07 21:25

    Arms industry thrives despite pandemic

    TEHRAN - Despite the global economy contracting as a result of the Pandemic which was and still is in full swing, a new report shows that one sector has remained immune to the virus. The arms exports industry. The world’s top 100 arms manufacturers have continued to increase revenue, racking up their business profits to the tune of $531 billion in 2020. To put that in to perspective it’s more than the whole economic output of Belgium.