KCNA Blasts U.S. Arms Buildup
KCNA
Pyongyang, January 31 (KCNA) -- The U.S. was reported to have contemplated spending 425 billion US dollars as a military budget for the year 2004.
This is all-time high, when recalling that the U.S. annual military expenditure was 342.4 billion US dollars on an average in the period of the Cold War.
The U.S. defense spending for 2004 is staggering as it envisages spending at least 1 billion US dollars a day and 43.37 million US dollars per hour except the expenses for its operations in Iraq.
The U.S. military expenditure has steadily swollen in recent years and is likely to further increase in the future.
According to information released by the U.S. Department of Defence, the U.S. defence budget is expected to show an annual increase of about 20 billion US dollars and exceed the level of 500 billion US dollars till 2010 and account for a half of the total military spending in the world.
This stepped-up arms buildup of the U.S. can not but be a military threat to the whole world as it is aimed to serve its purpose of military intervention, terrorism and war against other countries.
The U.S. policy of unlimited arms buildup is designed to meet its strategic purpose of retaining its military supremacy, stifling those countries which incur its displeasure and seizing the regions of major natural resources and military strategic importance in a bid to establish an American style order of strength in the world and build its unipolar world.
The U.S. policy of arms buildup serves as a factor of stoking fervour to increase military spending among other countries.
The U.S. is well advised to give up its policy of strength based on an adventurous strong-arm theory, going against humankind's desire for global peace and stability.
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