Global Military Expenditures Are Up, Driven By Top 2 Spenders — U.S. And China
The world is spending more on the military since global figures became available in 1988. Together, the U.S. and China make up half of the world's military spending.
Global military spending is continuing to increase, growing for the second year in a row and reaching the highest levels since reliable global figures became available in 1988. That's the finding of a new report out by the Stockholm International Peace Research Institute. Total spending is up 76% from
