Jun 22, 2015

Global Cost Of War Was $14 Trillion Last Year [feedly]

By Telesur - If "global violence were to decrease by 10 percent uniformly, an additional US$1.43 trillion would effectively be added to the world economy." A new report released Friday said that the global cost of war was soaring as it was US$14 trillion in 2014. The report by the Institute for Economics and Peace (IEP) also claimed that conflicts in Syria, Iraq and Afghanistan were responsible for most of the deaths in the world. According to the report, Syria remained the least peaceful place on Earth, followed by Iraq and Afghanistan, with the United States contributing violence in all three nations. "Last year alone it is estimated that 20,000 people were killed in terrorist attacks up from an average of 2,000 a year only 10 years ago," the report said. 
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