Arms Splurge Overshadows Aid at Africa’s First G-20 Presidency
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Africa’s first turn at hosting Group of 20 nations was pitched as a big push for development, but instead is witnessing wealthy economies pivot further toward arms over aid.
As finance chiefs gathered in Cape Town under host South Africa’s G-20 goals for “Solidarity, Equality and Sustainability,’ Britain announced a dramatic increase in defense spending at the expense of a development budget that’s been a key tool of its national soft power.