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A recent report from the Stockholm International Peace Research Institute (SIPRI) reveals a concerning trend: global military spending has surged to unprecedented levels, marking the highest figures ever recorded. The report, released from Washington, DC, highlights a sharp rise in defense expenditures, reaching nearly two-and-a-half trillion dollars in 2023 alone.
A report says military spending across the globe is at the highest levels ever on record. Lisa Taylor has more.
This substantial increase, amounting to almost seven percent from the previous year, signifies the ninth consecutive year of growth in military spending worldwide. Analysts attribute. . .
