Conflicts spur 'unprecedented' rise in military spending

Stockholm (AFP) April 27, 2025 Worldwide military expenditure saw its steepest rise in 2024 since the end of the Cold War, reaching $2.7 trillion as wars and rising tensions drove up spending, researchers said Monday. Military spending rose worldwide with particularly large increases in Europe and the Middle East, according to a new report by the Stockholm International Peace Research Institute (SIPRI). Several Europe

Apr 28, 2025 - 03:50
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Conflicts spur 'unprecedented' rise in military spending
Stockholm (AFP) April 27, 2025
Worldwide military expenditure saw its steepest rise in 2024 since the end of the Cold War, reaching $2.7 trillion as wars and rising tensions drove up spending, researchers said Monday. Military spending rose worldwide with particularly large increases in Europe and the Middle East, according to a new report by the Stockholm International Peace Research Institute (SIPRI). Several Europe