[Graphic News] Global arms sales soar

With wars still raging in Ukraine and Gaza, global arms sales reached a new high last year, according to a report. The Stockholm International Peace Research Institute said in its annual analysis that the combined revenues of the world’s top 100 arms producers rose 5.9 percent in 2024, reaching $679 billion. SIPRI attributed the latest growth primarily to companies in Europe and the US, noting that total revenues of the top 100 firms have increased 26 percent over the past decade. South Korea’s