"Record High Global Military Spending Continues to Rise"
TL;DR Summary
Military spending across the world rose by 3.7% in 2022, with Europe seeing the sharpest rise of 13%, according to the Stockholm International Peace Research Institute. The increase in spending is seen as a response to growing global insecurity, with dictators on the march. The US is less prepared for this precarious moment than official statistics suggest, and the risks of inaction are growing.
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- India fourth highest military spender, after U.S., China and Russia | Global spending at $2.24 MN Hindustan Times
- Saudi Arabia rises to world's 5th largest military spender: SIPRI Al-Monitor
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