New world record breaks on military spending; Stockholm-based think tank

According to a recent report by a Stockholm-based think tank, the ongoing conflict in Ukraine has led to record-high global military spending. The report notes that the world’s nations collectively spent $2.02 trillion on their militaries in 2022, a 5.9% increase from the previous year. The report attributes this rise to heightened tensions and military … Continue reading New world record breaks on military spending; Stockholm-based think tank