Global Military Spending Sees Record Rise in 2024, SIPRI Reports

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Military spending worldwide has increased by 9.4% to $2.718 trillion in 2024, marking the highest surge since 1988, according to the Stockholm International Peace Research Institute (SIPRI).

Military spending worldwide has increased by 9.4% to $2.718 trillion in 2024, marking the highest surge since 1988, according to the Stockholm International Peace Research Institute (SIPRI).

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