Approved by the U.N. General Assembly at a vote of 154 to 3 with 23 abstentions the U.N will regulate a multibillion-dollar international arms trade. Iran, North Korea and Syria all voted “no” on the resolution. The treaty will require countries to establish national regulations to control arms transfers. In addition the $60 billion global arms trade will aid in keeping banned weapons away from terrorists, insurgent fighters and organized crime. BIG news! This has taken about a decade to establish. Drop down bottom for more on the story.

JaaiR (JR)

North Korea must have light a fire, because this has come at the right time. Hopes of reaching agreement on what would be a landmark treaty were dashed last July when the U.S. said it needed more time to consider the proposed accord — a move quickly backed by Russia and China.

[ USA Today ]