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Germany, it turns out, exports nearly a billion euros worth of military goods each year ($1.55 billion) to developing countries.

That makes Germany the European Union's biggest military goods exporter, and worldwide it's behind only the US and Russia,

The BICC's annual report, guest-authored by former UN Chief Weapons Inspector Hans Blix, focused on the rise of military spending all over the world, a development that the end of the Cold War was supposed to reverse. Instead, global spending on weapons and armies rose by 15 percent between 2001 and 2006. Today it tops €650 billion ($1.1 trillion). A third of that is spent by the US.

"We see a revival of Cold War politics without the Cold War -- a Cold Peace, if you will."

"Apart from America there are a number of fast-growing countries -- like China, India, Indonesia and Pakistan, not to mention Russia -- where the global trend towards militarization is showing itself most clearly,"