A Sweden-based watchdog says global military spending grew for the eighth consecutive year in 2022 to an all-time high of $2.24 trillion.
STOCKHOLM — Global military spending grew for the eighth consecutive year in 2022 to an all-time high of $2.24 trillion, with a sharp rise in Europe, chiefly due to Russian and Ukrainian expenditure, a Swedish think tank said Monday.
'The rise"is a sign that we are living in an increasingly insecure world," said Nan Tian, a researcher with SIPRI's Military Expenditure and Arms Production Program. "While the full-scale invasion of Ukraine in February 2022 certainly affected military spending decisions in 2022, concerns about Russian aggression have been building for much longer," said Lorenzo Scarazzato, a researcher with SIPRI's Military Expenditure and Arms Production Program.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Watchdog: World military spending up to an all-time highGlobal military spending grew for the eighth consecutive year in 2022 to an all-time high of $2.24 trillion, with a sharp rise in Europe, chiefly due to Russian and Ukrainian expenditure, a Swedish think tank said Monday.
Read more »
Watchdog: World military spending up to an all-time highA Sweden-based watchdog says global military spending grew for the eighth consecutive year in 2022 to an all-time high of $2.24 trillion.
Read more »
Used DS DS 3 Review - 2015-2022Conflicted about whether to buy a small car or a convertible? Perhaps this used car offers the best of both worlds 💡
Read more »
Alphabet, Google CEO Pichai is awarded $226 million in compensation for 2022Alphabet and Google CEO Sundar Pichai received $226 million in compensation for 2022 including over $200 million in stock awards.
Read more »
Sofia Richie and Elliot Grainge Marry in South of FranceSofia Richie and Elliot Grainge marry in the South of France.
Read more »