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Global military spending surges amid conflicts, rising tensions: think tank

Global military spending surges amid conflicts, rising tensions: think tank
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United statesLorenzo scarazzatoAtlantic treaty organizationInternational peace research instituteArms production programNorth atlantic treaty organization

Research: Global military spending due to conflicts increased by 7% in 2023

Research: Global military spending due to conflicts increased by 7% in 2023
bnn-news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnn-news.com Daily Mail and Mail on Sunday newspapers.

Lorenzo scarazzatoWeapons production programmeStockholm international peace research institute

US, China, Russia Lead Global Arms Race As Military Spending Spikes Most In 14 Years To $2 4 Trillion Boom

In 2023, global military spending saw a significant 7% increase, reaching $2.43 trillion, the highest surge since 2009, according to a report by the Stockholm International Peace Research Institute.

United statesDonald trumpLorenzo scarazzatoStockholm international peace research instituteBenzinga neuroBenzinga ecosystem

Global military spending reaches record high amid growing insecurity

Global military spending reached a record high of $2.4 billion last year, driven by Russia’s invasion of Ukraine and tensions in other parts of the world, a Sweden-based think tank said Monday.

United statesSaudi arabiaIsrael generalLorenzo scarazzatoJens stoltenbergStockholm international peace research instituteNan tianGeneral jens stoltenbergMiddle east

Global military spending reached $2 4 trillion after 7% hike in 2023

STOCKHOLM: The global military spending witnessed a significant 7% hike to reach $2.43 trillion in 2023 amid various ongoing conflicts that continue to fuel the demand for military.

United statesZabaykal skiy krayLorenzo scarazzatoArms production programmeStockholm international peace research instituteAtlantic treaty organisation natoNorth atlantic treaty organisation