Reflections

About weapons exports

According to a study published by the Stockholm International Peace Research Institute (SIPRI), more than 75% of weapons exports in the last five years have come from just five countries: the United States (42%), France (11%), Russia (11%), China (5.8%) and Germany (5.6%). Between 2019 and 2023, about 30% of international arms transfers went to the Middle East, with Saudi Arabia, Qatar, Egypt and Israel being the main buyers in the region. The majority of arms imports from Middle Eastern states came from the United States (52%). Again, both Ukraine and a convulsed Middle East are big business for the American military-industrial complex.

Alejandro Marco del Pont

About capital that has fled Argentina

At the end of 2023, the foreign assets of Argentine residents were estimated at 437,398 million dollars.

Eugenio Montesino

About a new international financial architecture

Trying to break the financing-debt circle, it would be necessary to create a multinational mechanism, based on the solidarity and harmony of peoples, which takes into account the global meaning of the problem and its economic, financial, and social implications. The absence of this mechanism favors the ‘every man for himself’, where the weakest always lose… It is essential to act in good faith and truthfully, following an international code of conduct with norms of ethical value that protect negotiations. Therefore, we are thinking of a new international financial architecture that is bold and creative.

Pope Francis