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Report finds nations are spending big on nuclear weapons

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A new report has found an increase in nations expanding or renewing their nuclear arsenals.

The nine-nuclear armed states totalled over 13 thousands nukes at the start of this year.

But researchers say the reduction of nuclear arsenals since the Cold War is “levelling out”.

The report found nuclear weapons deployed with operational forces increased to nearly 4,000.

Meanwhile, the number of nuclear weapons deployed with operational forces increased from 3,720 to 3,825, the report said.

The nine nuclear-armed states the United States, Russia, the United Kingdom, France, China, India, Pakistan, Israel, and North Korea held an estimated 13,080 nuclear weapons at the start of 2021, The Stockholm International Peace Research Institute (SIPRI) said in its annual report released on June 14.

That number represents a slight decrease from an estimated 13,400 weapons in possession of these states at the beginning of 2020.

Of these, some 2,000 were kept in a “kept in a state of high operational alert,” meaning for launch in a matter of minutes.

The report also found global nuclear spending is around $137,000 dollars per minute.

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U.S.-India pharmaceutical trade partnership?

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The United States wants to diversify its supply chain and achieve affordable medicine resilience.

The Indian Pharmaceutical Alliance is urging a U.S.-India trade partnership to reduce reliance on foreign sources for both nations’ pharmaceutical supply chain.

The goal is to diversify both countries’ supply chain and achieve affordable medicine resilience.

Kathleen Jaeger, the President and CEO of The Center for American Medicine Resiliency joins Veronica Dudo to discuss. #IN AMERICA TODAY #trending #pharmaceutical #India #trade

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Boeing’s bad luck continues following Starliner malfunction

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Long-awaited first crewed test flight of the new Starliner space capsule was called off over a technical issue that launch teams could not resolve in time.

Originally scheduled for liftoff from Florida’s Kennedy Space Center, the mission aimed to demonstrate Starliner’s capabilities and certify it for regular crewed flights to the ISS, as reported by Reuters.

 

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Will Australia’s foreign investment rule create an economic boost?

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Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

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