TODAY'S HEADLINES

Brillantes admits getting P30-M intel funds from PNoy

China tightens grip on Panatag Shoal - Gazmin

MEL STA.MARIA | Grading the 3-year performance of President Noynoy Aquino

COCKTALES | Lucio Tan leaves Manila, jumps over Makati, for the friendlier tax environs of Taguig

Warring MILF, MNLF commanders agree to end 'rido'

12B bullets made yearly enough to kill every person in the world twice -- Oxfam

InterAksyon.com
The online news portal of TV5

NEW YORK -- The world trade in ammunition now tops $4 billion a year and is growing at a faster rate than the global trade in firearms, the Oxfam aid agency said Wednesday.

Oxfam's report, released ahead of new talks on an arms trade treaty in New York, estimates that about 12 billion bullets are made each year. It is a figure "enough to kill nearly every man, woman and child on the planet twice."

The trade in ammunition for small arms is worth $4.3 billion, while the trade in firearms and light weapons is worth $2.68 billion, according to the report, "Stop a Bullet, Stop a War."

Oxfam released the report to call for greater regulation of the trade, including in the arms trade treaty which is being negotiated. The next round of talks is scheduled for July.

The agency says only a minority of countries report on ammunition exports and there is hardly any monitoring by intergovernmental agencies.

Oxfam researchers found some of the biggest information gaps covers undocumented ammunition transfers to war-torn countries, such as Somalia and Afghanistan. The report says many bullets are diverted to the armed groups who prolong conflicts.

Of only 34 states that have publicly reported on arms exports since 2006, 28 mentioned their ammunition exports, including Britain, France, and the United States.

Countries including the United States, Syria, and Egypt, have voiced opposition to including ammunition in the text of the treaty being negotiated, according to Oxfam.

The aid group said ammunition sales must be covered by the new agreement.

"Guns are useless without bullets; bullets are what turn guns into lethal weapons," said Anna Macdonald, head of arms control campaigning at Oxfam.

"It is absolutely essential that the sale of ammunition is included in the treaty and it is far better regulated," Macdonald said.

"There are no global controls on ammunition flows and no global reporting system to keep track on where the billions of bullets are ending up. That must change," she added.

 

OTHER SPECIAL FEATURES STORIES  
OTHER WORLD STORIES  
BREAKING NEWS  
National | World China tightens grip on Panatag Shoal - Gazmin
National After blaming corrupted CF cards, Brillantes now faults telcos for delayed COC transmissions
National Comelec should not get intel funds, says ex-chief Monsod, as Brillantes assails Lagman's motive
National Comelec proclaims 14 top party-list groups, to fill all 58 House seats by Monday
World Obama bares rules for US drone strikes
National Pacman remains richest congressman
National PHOTO | Never Forget: 42 months after Ampatuan, a widow remembers a promise made
National Warring MILF, MNLF commanders agree to end 'rido'
World WHO voices deep concern over spread of SARS-like virus
National FILIPINO TIME | Weather bureau mandated to set Philippine Standard Time
Entertainment GALLERY | Nora Aunor celebrates 60th birthday with career retrospective
National PAF rescues injured Russian who climbs Mayon without permission
World 2ND HEIST | Diamond necklace worth 2-M euros stolen in Cannes hotel
Entertainment Linkin Park coming to Manila for concert in August
Lifestyle Butuan's Balanghai Festival: A celebration both on water and on land
National CHED reviewing tuition-hike notices, sets en banc deliberations on May 27
Science | World 5,000 cave paintings found in Mexico
World | National 2013 J-Pop Anime Singing Contest and Cosplay Mini-Contest extended to June 21 - embassy
Lifestyle PFW HOLIDAY 2013 | Day 1: Hot, sexy, and printed at SM Ladies' fashion show
Lifestyle PFW HOLIDAY 2013 | Day 1: Michael Cinco goes for Russian-inspired opulence, black swans
Lifestyle Fashion guru Nina Garcia arrives in Manila to conduct fashion forum
National VIDEO | Cezar Mancao taunts DOJ, NBI with selfies...in front of DOJ, NBI