The World Inequality Report

by Max Lawson, Head of Inequality Policy,  Oxfam International

This week saw the launch of the first ‘World Inequality Report’ written by the team at the Paris School of Economics and based on the data collected by over 100 researchers behind the World Incomes Database.  The summary is very short and full of fantastic charts, well worth taking a look at.  They have pioneered the use of tax data and other sources to recalculate the incomes of those at the top, which are hugely underestimated. They have now done this for enough large countries to make some conclusions about global trends, which is the basis of the report.
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£280bn Global Arms Sales in 2016

Global sales of weapons and military services have risen for the first time in five years, helped in part by an increase in sales by British companies.

Weapons – many of which are fuelling deadly conflicts in the Middle East – are now being bought and sold at the highest level since 2010, with sales up more than a third (38 per cent) since 2002.

Military kit worth $374.8bn (£280bn) was sold in 2016 by the industry’s top 100 companies, an annual review by the Stockholm International Peace Research Institute (Sipri) found.

The findings came as UK firm BAE Systems signed a $6.7bn deal with Qatar to buy 24 Typhoon fighter jets.

British arms sales rose 2 per cent last year and now amount to almost 10 per cent of global sales, researchers found.

Germany’s arms sales jumped 6.6 per cent while South Korean companies notched up 20 per cent more sales than a year earlier. …

Sales by Lockheed Martin – the world’s largest arms producer – rose by 10.7 per cent in 2016, the report found, linked to the sale of F-35 combat aircraft. Continue reading

SIPRI: Global Arms Trade Highest since Cold War

The Stockholm International Peace Research Institute (Sipri) said on Monday that more weapons were delivered between 2012 and 2016 than any other five-year period since 1990. Saudi Arabia, which leads a military intervention in Yementhat has cost hundreds of civilian lives, was the world’s second largest importer after India, increasing its intake by 212%, mainly from the US and the UK.

Asia was the main recipient region in the world as India dwarfed regional rivals, China and Pakistan, by accounting for 13% of the global imports. While India received most of its arms from Russia, the Saudis relied heavily on US arms. US and Russia together supplied more than half of all exports. China, France and Germany were also among the top five exporters. Continue reading

SIPRI’s Arms Trade Treaty database now covers Latin America and the Caribbean

SIPRI is proud to announce that is has expanded and improved its online database for Mapping Arms Trade Treaty (ATT)-relevant cooperation and assistance activities to include activities in Latin America and the Caribbean. The database now contains information on over 350 activities involving partner states from Sub-Saharan Africa and Latin America and the Caribbean since 2012. Continue reading

In 2011, solar power reached a tipping point.

The scientists found that, from 1975 up to 2011, solar panels were actually a source of greenhouse gases globally. The emissions avoided by existing solar panels were insufficient to offset the amount of emissions being produced by the rapid production of new solar panels.

But in 2011, this flipped. Instead of being a net source of emissions, the solar industry started avoiding more emissions than it emitted, providing a net climate benefit. Continue reading

SIPRI: Top 100 arms sales for 2015 still are 37 per cent higher than those for 2002

Sales of the world’s 100 largest arms-producing and military services companies totalled $370.7 billion in 2015. Compared with 2014, this is a slight decline of 0.6 per cent. While this continues the downward trend in arms sales that began in 2011, it signals a significant slowdown in the pace of decline. However, despite the decrease, Top 100 arms sales for 2015 are 37 per cent higher than those for 2002, when SIPRI began reporting corporate arms sales.

Companies headquartered in the United States and Western Europe have
dominated the list of Top 100 arms-producing and military services companies
since 2002. And, true to form, this was the case for 2015: with sales reaching $305.4 billion, companies based in the USA and Western Europe accounted for 82.4 per cent of the Top 100 arms sales. Continue reading

SIPRI: extended military expenditure data

SIPRI is proud to announce the online release of its extended military expenditure data. Previously, the SIPRI Military Expenditure Database covered the period 1988–2015; the extended military expenditure data goes back in most cases at least to the 1960s, and in some cases to 1949.

The new data highlights long-term trends in military spending. In the case of the USA, clear peaks in spending can be seen during the Korean War, the ‘Reagan build-up’ and the more recent wars in Afghanistan and Iraq. In Western Europe, military spending rose steadily during the cold war, while in Africa, military spending has surged in recent decades as the continent’s economies have improved.
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Security-led approach to climate change and complex emergencies

Dystopian preparations by the state are reflected in the corporate arena. Where we see a future climate crisis, many companies see only opportunity: oil firms looking forward to melting ice caps delivering new accessible fossil fuels; security firms touting the latest technologies to secure borders from ‘climate refugees’; or investment fund managers speculating on weather-related food prices – to name but a few. In 2012, Raytheon, one of the world’s largest defence contractors, announced “expanded business opportunities” arising from “security concerns and their possible consequences,” due to the “effects of climate change” in the form of “storms, droughts, and floods”. The rest of the defence sector has been quick to follow. Continue reading

Some interesting charts about the world

Dylan Matthews, “40 charts that explain the world,” The Washington Post, 15 January 2014

… So we searched for charts that would tell not just the story of how the world is — but where it’s going. Some of these charts are optimistic, like the ones showing huge gains in life expectancy in poorer nations. Some are more worryisome — wait till you see the one on endangered species. But together they tell a story of a world that’s changing faster than at arguably any other time in human history.
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