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SIPRI report: Global military spending increases for eighth year in a row
Not surprisingly, the biggest surge in spending came in Europe, in response to Russia’s invasion of Ukraine.
- Blaise Malley
- Responsible Statecraft
As the world continues to contend with the ongoing war in Ukraine and fears over potential conflict in East Asia, total military spending reached an all-time high of $2.24 trillion last year, according to data published by the Stockholm International Peace Research Institute (SIPRI) on Sunday.
More spending was common across the world, with 12 of the top 15 countries — including India, Saudi Arabia, and the UK — spending more than…