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U.N. overwhelmingly approves first-ever global arms trade treaty

Arms Treaty - Reuters

The 193-nation U.N. General Assembly on Tuesday overwhelmingly approved the first-ever treaty on global arms trade that seeks to regulate the $70 billion international trade in conventional arms ranging from light weapons to battle tanks and warships.

 

U.S., Saudi Arabia strike $30 billion arms deal

F-15 Fighter Jet

The Obama administration on Thursday announced an arms deal with Saudi Arabia valued at nearly $30 billion, an agreement that will send 84 F-15 fighter jets and assorted weaponry to the kingdom.

 

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