Global military spending soars to $2.7 trillion in 2024; US, China, India, Russia, Germany account for 60%

Amid the major global conflicts, including the Russia-Ukraine war, and the Israel-Palestine conflict, world military expenditure reached $2,718 billion in 2024, an increase of 9.4 per cent in real terms from 2023 and the steepest year-on-ye
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