Reuters: Global military spending at new post-Cold War high, fueled by U.S., China: think-tank
STOCKHOLM (Reuters) - Global military expenditure reached its highest level last year since the end of the Cold War, fueled by increased spending in the United States and China, the world’s two biggest economies, a leading defense think-tank said on Monday.
In its annual report, the Stockholm International Peace Research Institute (SIPRI) said overall global military spending in 2018 hit $1.82 trillion, up 2.6 percent on the previous year.
That is the highest figure since 1988, when such data first became available as the Cold War began winding down.
U.S. military spending rose 4.6 percent last year to reach $649 billion, leaving it still by far the world’s biggest spender. It accounted for 36 percent of total global military expenditure, nearly equal to the following eight biggest-spending countries combined, SIPRI said.
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Military And Intelligence News Briefs -- April 29, 2019
US and China account for almost half of world's military spending, report says -- CNN
Global Military Expenditures Are Up, Driven By Top 2 Spenders — U.S. And China -- NPR
SIPRI: Global military spending 'highest since Cold War' -- Al Jazeera
Russia drops out of top 5 global military spenders while US and China up the ante -- CNBC
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Musk to Pentagon: SpaceX ‘Missed the Mark’ on a Launch Bid -- Bloomberg
Navy Launches Safety Review After 2 Navy Recruits Die at Boot Camp Within 8 Weeks -- Military.com
US Navy warships pass through Taiwan Strait -- DW
Trump, Erdogan discuss working group on Russian S-400 -- Al Jazeera
US, Turkey play chicken over Russia -- The Hill
Blackwater founder Erik Prince's new company has reportedly set up shop in Iraq. His old company was kicked out for murdering civilians. -- Business Insider
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Germany to train Saudi soldiers despite Yemen war concerns -- DW
Whale with harness could be Russian weapon, say Norwegian experts -- The Guardian
China Has Its Very Own B-52 Like Bomber (With 'Russian DNA') -- National Interest
China’s latest class of warship makes its public debut -- Defense News
Bangladesh Navy receives final two Chinese-made Type C13B corvettes -- Jane's 360
Afghanistan’s Hired Guns -- US News and World Report
Can the Pentagon sell Silicon Valley on AI as ethical war? -- Kelsey D. Atherton, C4ISRNet
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