Military spending in Latin America increased slightly in 2012: report

February 09, 2014

Worldwide military expenditures in 2012 were estimated to have been $1.75 trillion (USD), a slight decrease from the amount of money countries spent on military programs in 2011, according to the Stockholm International Peace Research Institute (SIPRI).

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For decades, Ecuador was perceived as an exception in a region plagued by drug trafficking, armed violence, and criminal capture of the state. While neighboring countries faced open wars between cartels and state forces, Ecuador seemed to remain on the sidelines of these dynamics. That image began to slowly crack and finally collapsed in January […]

Military spending in Latin America increased slightly in 2012: report

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