New trends in global defence spending

News
0
Please log in or register to do it.

With military aid totaling $35 billion, including substantial assistance from the USs, Ukraine’s military expenditure reached about 91% of Russia’s. (Photo by Ukrinform/NurPhoto via Getty Images)

Global defence spending surged to an unprecedented $2.443 trillion last year, a significant 6.8% increase from the previous year, according to the Stockholm International Peace Research Institute’s latest report published on 22 April 22.

This reflects a world increasingly characterised by geopolitical tensions and security uncertainties. This surge, the…



Your email address will not be published. Required fields are marked *

Former Kaizer Chiefs star selling winter jackets
ETF Boom Leaves Thematic Funds Behind