Saturday, June 19, 2010

DTN News: Latin American Countries Invest In Military Might....NSI News Source Info # 652

(NSI News Source Info) QUITO, Ecuador - June 19, 2010: The last time this Andean nation went to war was in 1995, when it fought Peru over a rugged stretch of mountains called the Altos de Cenepa. But that hasn't stopped Ecuador from engaging in one of the fastest military buildups in the hemisphere. From 2000 to 2009, military spending in Ecuador spiked more than 240 percent to $1.8 billion in constant dollar terms, according to the Stockholm International Peace Research Institute.

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