Global military expenditures in 2019 saw their largest increase in 10 years, propelled in no small part by skyrocketing US “defense” budgets, which continue to dwarf some of the world’s next largest spenders combined. Military spending among 170 countries jumped by 4 percent in 2019 compared to the prior year, sending the total to its highest level in a decade, according to an annual assessment released on Friday by the International Institute for Strategic Studies (IISS). Global defence spending has reached its highest level in a decade, IISS #MilitaryBalance data published today shows. Find out more in The Military Balan
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