World Military Expenditure Passes $2 Trillion For First Time, Finds SIPRI
The military spending of all nations combined set a new record in 2021, exceeding the $2 trillion mark for the first time ever, the Stockholm International Peace Research Institute (SIPRI) revealed in a report published on Monday. According to the report, while the U.S. defense spending slid by 1.4% compared to 2020, Washington remained the absolute global leader, having lavished[Read More…]