military expenditure

Global military expenditure rises to 1.686 tln USD in 2016

The total world military expenditure rose to 1.686 trillion U.S. dollars in 2016, an increase of 0.4 percent in real terms from 2015, according to a report released on Monday by the Stockholm International Peace Research Institute (SIPRI). According to the report, “the United States remains the country with the…

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