Arms producers increasing profits globally amid conflicts, report says
A report from the Stockholm International Peace Research Institute (SIPRI) shows that in 2023 the weapons trade increased profits by 4,2 per cent compared to the previous year, driven by the wars in Ukraine and Gaza and heightened global tensions, with companies based in Russia and the Middle East leading the increase. Read all
Tomas Kauer - News Moderator 
A report from the Stockholm International Peace Research Institute (SIPRI) shows that in 2023 the weapons trade increased profits by 4,2 per cent compared to the previous year, driven by the wars in Ukraine and Gaza and heightened global tensions, with companies based in Russia and the Middle East leading the increase.
