Russia to Up Nuclear Weapons Spending 50% by 2016

MOSCOW, October 8 (RIA Novosti) – Russia is to increase annual spending on nuclear weapons by more than 50 percent in the next three years, a parliamentary defense committee said Tuesday.

The draft federal budget provides for a 60 percent increase in overall national defense spending by 2016, according to the report, rising from 2.1 trillion rubles this year to 3.38 trillion rubles in 2016. Continue reading