Global military expenditure has increased to an all-time high of $2.72 trillion in 2024, a 9.4% increase from the previous year. According to the Stockholm International Peace Research Institute’s annual report, this marks the largest yearly surge since the end of the Cold War, underscoring the escalating nature of global conflicts and tensions.
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Read the full article here: https://defensenews.com/global/2025/04/29/glo...24-report/
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