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World Military Spending: Increases in the USA and Europe, Decreases In Oil-Exporting Countries

Total world military expenditure rose to $1686 billion in 2016, an increase of 0.4 per cent in real terms from 2015, according to new...

Russia boosts military spending despite sanctions: study

Russia became the world's third largest military spender in 2016 despite low oil prices and economic sanctions, as the global expenditure rose for a...

No, Argentina will Not be Spending $2 Billion on Military Equipment

Recent reports in the Argentine press indicate that the country has plans to purchase over $2 billion worth of military equipment over the next...

India world’s sixth largest military spender: report

Despite being the tenth largest arms importer in the world last year, Pakistan did not make it to a list of 15 countries with...

Military Spending and Arms Sales in the Persian Gulf

There are many ways to measure the Persian Gulf military balance, but one key indicator is to look at the relative size of Persian...

MENA military spending to reach $920 bn by 2020: study

Military spending between 2014 and 2020 in the Middle East and North Africa will total $920 billion (662 billion euros), IHS Global Insight said...

World spends less on military: SIPRI

The world spent less on weapons and military services in 2012 than the year before, the first annual drop since 1998, a Swedish think...

South America doubled military spending in five years

Military spending across South America has doubled in the past five years, although there is no noticeable arms race, a report published by a...

The Military Imbalance: How the US Outspends the World

The International Institute for Strategic Studies (IISS) has released its annual series of reports on international defense spending, The Military Balance 2012. The full...

Global military spending soars despite crisis: report

Stockholm: Global military expenditures soared to a record high last year, unscathed by the economic downturn, with the United States accounting for more than...