Tag «Russia’s spending rises»

World military spending falls, but China, Russia’s spending rises, says SIPRI

(Stockholm, 15 April 2013) World military expenditure totalled $1.75 trillion in 2012, a fall of 0.5 per cent in real terms since 2011, according to figures released today by Stockholm International Peace Research Institute (SIPRI). The fall—the first since 1998—was driven by major spending cuts in the USA and Western and Central Europe, as well …

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