World nuclear arms spending hit $73bn last year – half of it by US
- Spending by nine nuclear-armed states rose 10%
- Trump boosted nuclear funding but cut pandemic prevention
The world’s nuclear-armed nations spent a record $73bn on their weapons last year, with the US spending almost as much as the eight other states combined, according to a new report.
The new spending figures, reflecting the highest expenditure on nuclear arms since the height of the cold war, have been estimated by the International Campaign to Abolish Nuclear Weapons (Ican), which argues that the coronavirus pandemic underlines the wastefulness of the nuclear arms race.