News Snapshot:
News Global military spending increases despite COVID-19 pandemic — report Despite the global health and economic crises, total military spending went up in 2020, Swedish research institute SIPRI has reported. Almost two-thirds of spending came from just five countries. The US continues to be the world's biggest military spender, accounting for almost 40% of global expenditure Total military expenditure worldwide increased by 2.6% in 2020 reaching almost $2 trillion (€1.65 trillion), despite the global coronavirus pandemic and economic downturn, according to a report published by the Stockholm International Peace Research Institute (SIPRI) on Monday. Due to the global fall in...
