Wednesday, September 11, 2019

Global Military Spending Rising

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VOA: Data Shows Global Military Spending Rising

PENTAGON - Eighteen years after the deadliest terror attack on U.S. soil, the world's military spending is at an all-time high.

According to data from the Stockholm International Peace Research Institute, military spending was $1.8 trillion in 2018 alone, which SIPRI Senior Researcher Pieter Wezeman called a "worrying trend."

"We have to see that as a warning signal, not necessarily something which will lead to war, but something which needs very close attention," Wezeman told VOA.

Military spending hit a post-Cold War low in 1998, but took a sharp rise after the attacks on Sept. 11, 2001, which killed nearly 3,000 people.

Read more ....

WNU Editor: China is driving this increase. SIPRI's report is here .... World military expenditure grows to $1.8 trillion in 2018 (SIPRI).

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