16/02/2024
Military spending increased by 9% in 2023, according to the International Institute for Strategic Studies. The London-based think tank, which has released annual reports on global security for more than six decades, predicts "a more dangerous decade" ahead as more countries resort to military power to pursue their aims.
Global military spending hit a record $2.2 trillion last year, with over half of that total coming from the United States and other NATO countries.
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