Total military spending by nations reached a record high of $2.443 trillion in 2023, according to a new report released Monday by the Stockholm International Peace Research Institute, or SIPRI.Across the globe, military expenditures increased by 6.8% in real terms over 2022, the steepest rise since 2009, according to the Swedish think tank which has tracked the military spending by countries based on open sources since the 1960s. Every region saw an increase, but Europe, Asia and Oceania, and... Read this story
