Tag: US military budget

Military spending rises again in 2015

STOCKHOLM, Sweden (AFP) — Rising tensions worldwide helped push up military expenditure in 2015, the first increase after four years of declining spending, the Stockholm International Peace Research Institute (SIPRI) said in a report published on Tuesday. For the full-year 2015, world military spending totaled $1.67 trillion, a rise of one percent from the previous year. The increase was attributed primarily to more expenditure in Eastern Europe, Asia and the Middle East, while the decline […]