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Cold War 2.0 : Norway army spending skyrockets on 'Russian threat'

Norway has vowed to increase its military spending by as much as half a billion USD to boost defense capability around its northern border with Russia citing a so-called 'Russian threat'; meanwhile, the country has increased its arms exports to the US by as much as $10 million, which is apparently being used in conflict zones such as Iraq.”

The country's Defense Minister Ine Eriksen Soreide, said Norway would spend 3.6 billion kroner ($477 million) on building Norway's first anti-aircraft battery and modernizing its squadron of German-made Leopard 2 tanks, amongst other defense projects.”

Meanwhile, it is Norway itself which has increased its arms exports, which are apparently used in conflict zones around the world. [...] As in 2013, the three largest recipients of Norwegian weapons in 2014, in terms of value, were the USA, Poland and Sweden. The USA has long been the largest buyer of Norwegian weapons, and in 2014 these exports increased considerably. In 2014, the country increased exports of bombs, grenades, ammunition and parts rather than military weapons.”

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