As global tensions mount, governments face tough fiscal choices. These choices have been highlighted this week by Prime Minister Keir Starmer stating his ambitions for the U.K. to increase defense ...

Musk said this week that he’s leaving his job as a senior adviser, an announcement that came after he revealed his plan to ...

Is $2.2 trillion per year wasted on the military, or is this massive spending necessary to defend the freedoms we enjoy. In ...

devoted to military expenditure—increased to 2.5 per cent in 2024. ‘Over 100 countries around the world raised their military spending in 2024. As governments increasingly prioritize military security ...

Top 10 countries with highest defence spending: Did you know that the two largest military spenders, the United States and China, accounted for almost half of world military expenditure in 2024?

US military spending surged to $997 billion in 2024, the largest nominal figure of any country in world history, according to figures released this week by the Stockholm International Peace ...

“Many countries have also committed to raising military spending, which will lead to further global increases in the coming years,” the report said. The United States remains by far the world ...

The Ukrainian spending amounted to 34% of the country's GDP, the largest military expenditure by percentage of GDP of any nation last year, according to SIPRI. "Russia once again significantly ...

Military spending has been rising steadily worldwide over the past 10 years, but 2024 saw the most rapid rise within a single year since the end of the Cold War. Over 100 countries spent more on their ...

Kenya’s military spending rose to Sh166.08 billion in 2024, newly released global data shows, marking the sharpest increase rate in eight years as the country sought to modernise its defence ...