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Spending on Nuclear Weapons: US$105 Billion a Year; US$300 Million a Day, US$12 Million an Hour
As hundreds of millions of people across the globe go hungry, the nuclear-armed nations spend close to US$300 million a day on their nuclear forces. (ICAN)*
Source: ICAN-International Campaign to Abolish Nuclear Weapons
The production, maintenance and modernization of nuclear forces diverts vast public resources away from health care, education, climate change mitigation, disaster relief, development assistance and other vital services.
Globally, annual expenditure on nuclear weapons is estimated at US$105 billion – or $12 million an hour.
The World Bank forecast in 2002 that an annual investment of just US$40–60 billion, or roughly half the amount currently spent on nuclear weapons, would be enough to meet the internationally agreed Millennium Development Goals on poverty alleviation by the target date of 2015.
Nuclear weapons spending in 2010 was more than twice the official development assistance provided to Africa and equal to the gross domestic product of Bangladesh, a nation of some 160 million people.
The Office for Disarmament Affairs – the principal UN body responsible for advancing a nuclear-weapon-free world – has an annual budget of $10 million, which is less than the amount spent on nuclear weapons every hour.
| Country | 2010 spending | 2011 spending |
| United States | $55.6bn | $61.3bn |
| Russia | $9.7bn | $14.8bn |
| China | $6.8bn | $7.6bn |
| France | $5.9bn | $6.0bn |
| United Kingdom | $4.5bn | $5.5bn |
| India | $4.1bn | $4.9bn |
| Israel | $1.9bn | $1.9bn |
| Pakistan | $1.8bn | $2.2bn |
| North Korea | $0.7bn | $0.7bn |
| Total | $91.0bn | $104.9bn |
“The world is over-armed and peace is under-funded …. The end of the cold war has led the world to expect a massive peace dividend. Yet, there are over 20,000 nuclear weapons around the world. Many of them are still on hair-trigger alert, threatening our own survival.” – United Nations Secretary-General Ban Ki-moon
*Source: International Campaign to Abolish Nuclear Weapons (ICAN). Go to Original.
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Filed under: Market Lords, Mother Earth, Others-USA-Europe-etc., War Lords 
Source: http://human-wrongs-watch.net/2015/03/28/spending-on-nuclear-weapons-us105-billion-a-year-us300-million-a-day-12-million-an-hour/
I wish they would just get rid of them, all of them would die, or end us all already. If it’s going to happen, happen. If it’s not, then so be it, and it shouldn’t. But they have realistically been committing crimes against humanity since such technology was developed, never mind holding them over our heads and the rest of the world as a real choice. They shouldn’t have existed in the first place…