The world spends a total of nearly $3 trillion a year on armaments. According to the US State Department the US drives about 79percent of the world total.
After the assassination- aka euphemistically as "targeted killing"- of Iranian top general Qassem Soleimani in a US operation in Baghdad on January 3 Raytheon a large US defense contractor saw its stock shoot up and close at a record high.
The Academy of Motion Picture Arts and Sciences has thrown down the Gauntlet to the Merchants of War and Death by presenting the Best Picture Award to "Argo," a movie reminding us that peace is the best way to save American lives.
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While the United States is by far the world's biggest spender on the military, it is not the most militarized country in the world. According to the most recent Global Militarisation Index, Israel is the most militarized nation.
