The Booming Global Arms Trade Is Creating a New Cold War

Mother Jones

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This story first appeared on the TomDispatch website.

Did Washington just give Israel the green light for a future attack on Iran via an arms deal? Did Russia just signal its further support for Bashar al-Assad’s Syrian regime via an arms deal? Are the Russians, the Chinese, and the Americans all heightening regional tensions in Asia via arms deals? Is it possible that we’re witnessing the beginnings of a new Cold War in two key regions of the planet—and that the harbingers of this unnerving development are arms deals?

International weapons sales have proved to be a thriving global business in economically tough times. According to the Congressional Research Service (CRS), such sales reached an impressive $85 billion in 2011, nearly double the figure for 2010. This surge in military spending reflected efforts by major Middle Eastern powers to bolster their armories with modern jets, tanks, and missiles—a process constantly encouraged by the leading arms manufacturing countries (especially the US and Russia) as it helps keep domestic production lines humming. However, this familiar if always troubling pattern may soon be overshadowed by a more ominous development in the global arms trade: the revival of far more targeted Cold War-style weapons sales aimed at undermining rivals and destabilizing regional power balances. The result, inevitably, will be a more precarious world.

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The Booming Global Arms Trade Is Creating a New Cold War

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