WASHINGTON --- Global investments in the manufacture of cluster bombs and related munitions rose over the past year, despite the existence of an international convention against the use or production of these weapons. More than half of the institutions involved in those investments are based in the United States. From 2011 to 2014, an estimated
America Steps Up Investment In Global Cluster Bomb Trade
Cluster bombs release hundreds of smaller “bomblets” meant to significantly expand the amount of damage inflicted by an attack. As other countries move to condemn such munitions, US financial institutions are increasing funding to their manufacturers.