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Global military expenditure surges to $2.4T
06:24
Defense & Security
Global military expenditure surges to $2.4T
Military spending right across the world surged in 2023, marking the steepest year-on-year increase since 2009, driven by rising tensions, conflicts, and a deteriorating security landscape. Ukraine narrowed its spending gap with Russia while NATO members increased their share of military expenditure.
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